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2022
Aircraft Turbocharger Market

Aircraft Turbocharger Market by Type (Butterfly Valve Type and Poppet Valve Type), Platform (Heavyweight Aircraft and Lightweight Aircraft), and Component (Compressor, Turbine, and Waste Gate): Global Opportunity Analysis and Industry Forecast, 2021–2030

A07108
Pages: 239
Oct 2021 | 2821 Views
   
Author(s) : Himanshu Joshi , Sonia Mutreja
Tables: 100
Charts: 60
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Aircraft Turbocharger Market Statistics 2021-2030:

The global aircraft turbocharger market was valued at $659.8 million in 2020, and is projected to reach $1,195.3 million in 2030, registering a CAGR of 6.5%.    

The rapid spread of COVID-19 had a significant impact on the global aircraft turbocharger market in 2020, owing to the implementation of strict lockdown measures, and the disruption in the supply chain of required materials across the world. COVID-19 pandemic led to several challenges for the aviation sector including logistics challenges, supply-demand gap, among others. On the other hand, the aircraft turbocharger manufacturers had to reduce expansion and R&D investments to withstand the decline in revenue and operating performance of the airline industry. The challenges in the installation of aircraft turbochargers for lightweight and heavyweight aircraft were observed throughout the year, and are expected to continue for a few years.

A turbocharger is a device that boosts the power and efficiency of a combustion engine by forcing more compressed air into the combustion chamber. Turbochargers are used in a variety of applications, including aviation, to increase the density of the intake gas, allowing for more power. Aircraft turbochargers are made up of three principal components, a compressor, a turbine, and a rotating center housing assembly. Aircraft turbocharger is genera used in aircraft manufactured by the leading brands across the globe. 

Aircraft-Turbocharger-Market-2021-2030

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The global aircraft turbocharger market is segmented into type, platform, component, and region. On the basis of type, the market is bifurcated into butterfly valve type and poppet valve type. Depending on platform, it is segregated into heavyweight aircraft and lightweight aircraft. By component, it is categorized into compressor, turbine, and waste gate. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global aircraft turbocharger market include ABB Ltd., Airmark Overhaul, Inc., BorgWarner Inc., General Electric Company, Hartzell Engine Technologies LLC, Honeywell International Inc., Kawasaki Heavy Industries, Ltd., PBS Group, A. S., Rajay Parts LLC, and Victor Aviation Service, Inc. 

Aircraft Turbocharger Market
By Turbocharger Type

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Butterfly Valve Type is projected as the most lucrative segments

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Increase in air passenger traffic across the globe

According to the yearly worldwide statistics of the International Civil Aviation Organization (ICAO), the total number of commuters carried on scheduled flights reached 4.38 billion in 2019, which was 3.65% higher than the previous year. The highest passenger traffic was witnessed in Asia-Pacific. In October 2018, the International Air Transport Association (IATA) publicized that the current developments in air transport project that the passenger count could double to 8.2 billion in 2037. The outbreak of the COVID-19 pandemic led to a severe downfall in air traffic figures, although recently, in May 2021, the International Air Transport Association (IATA) stated that the global air passenger traffic is anticipated to recover to almost 88% of pre-COVID levels during 2022. This signifies a robust demand for air travel across the globe.

The abovementioned statistics indicate a considerable rise in air passenger traffic over the years internationally.  This rise would result in a notable surge in demand for new aircraft and new and overhauled aircraft components throughout the world, which would directly impact the sales of aircraft turbocharger systems. Hence, rise in air traffic is anticipated to drive the growth of the aircraft turbocharger market.  

Aircraft Turbocharger Market
By Platform

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Heavyweight Aircraft is projected as the most lucrative segments

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Surge in demand for fuel-efficient and downsized engine

Aircraft turbochargers function as an air pump, forcing compressed air into the combustion chamber to increase the mass of the intake air. When the piston is lowered and the engine receives air, the vacuum is created. As the turbocharger forces the intake air, the pressure inside the inlet manifold rises above atmospheric pressure throughout this operation. This may pump a lot of power into the engine, which helps in proper combustion, and results in cutting down on fuel consumption and CO2 emissions when compared to a normally aspirated engine with the same power output. Hence, surge in demand for force induction device is projected to drive the growth of aircraft turbocharger market during the forecast period.

High costs associated with aircraft turbochargers

Aviation is a capital-intensive industry. Even a smallest part has to be tested and improved several times before it can be installed in an aircraft. This adds ups the cost of R&D for aircraft components. Moreover, manufacturers have to obtain a certificate by aviation agencies such as the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA)—prior to the production of aircraft parts, including turbochargers before fitting them in respective aircraft models. Turbochargers increase the fuel efficiency, and is a must for high fuel consuming aircraft engines that fly at thousands of feet above the ground. With rise in air passenger traffic, aircraft have to fly for longer hours now, the aircraft components get used up rapidly and must go through regular maintenance. Furthermore, aircraft turbochargers have to be inspected and refitted after proper maintenance work. This adds up to the high overall cost of an aircraft turbocharger operations. These factors are expected to affect the growth of aircraft turbocharger market during the forecast period.

Aircraft Turbocharger Market
By Component

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Compressor is projected as the most lucrative segments

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Increase in operations in commercial aviation

The commercial aviation industry consists of two segments, including passenger aircraft and cargo aircraft. In recent years, both segments have performed really well and has witnessed a rapid rise in operations, which have boosted the global commercial aviation industry. With globally rising air passenger traffic, the industry has seen a surge in market growth, which holds huge prospects, however, the unprecedented occurrence of COVID-19 pandemic has affected the industry in terms of revenue growth.

Key aviation players around the world are finding ways to make aviation sector more efficient, safer, and reliable. Hence, rapid development has been witnessed in the commercial aircraft industry in the recent years. According to the Boeing’s Commercial Market Outlook (CMO) 2020–2039, the 2021 CMO reflects that the global market is recovering rapidly. Surge in demand for domestic air travel is responsible for the recovery of the airliner industry amid ongoing COVID-19 pandemic, and intra-regional markets are expected to open with full capacity, as health and travel restrictions ease, followed by return to pre-pandemic levels by 2023 to 2024 with respect to long-haul travel scenario. It mentions that in long term, market fundamentals and resilience will drive the demand for more than 43,500 new airplanes valued at $7.2 trillion by 2040. Thus, all these factors collectively are expected to fuel the growth of the aircraft turbocharger market during the forecast period.

Aircraft Turbocharger Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 7.4% during 2021-2030.

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COVID-19 impact analysis 

  • The COVID-19 impact on the aircraft turbocharger market is unpredictable, and is expected to remain in force till the second quarter of 2021. 
  • The COVID-19 outbreak forced the governments to impose stringent lockdown measures that resulted in flight cancellations and ban on e-commerce services, which led to massive decline in commercial aviation and logistics activities across the world. 
  • Moreover, nationwide lockdown disrupted the supply chains, as several manufacturing facilities across the globe had to partially or fully shut down their operations.
  • The adverse impacts of the COVID-19 pandemic resulted in huge supply–demand issues and resulted in long delays in the activities of aircraft turbocharger operations globally.

Key Benefits For Stakeholders

  • This study presents analytical depiction of the global aircraft turbocharger market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall aircraft turbocharger market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the global aircraft turbocharger market with a detailed impact analysis.
  • The current aircraft turbocharger market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Turbocharger Type

  • Butterfly Valve Type
  • Poppet Valve Type

By Platform

  • Heavyweight Aircraft
  • Lightweight Aircraft

By Component

  • Compressor
  • Turbine
  • Waste Gate    

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • ABB Ltd.
  • Airmark Overhaul, Inc.
  • BorgWarner Inc.
  • General Electric Company
  • Hartzell Engine Technologies LLC
  • Honeywell International Inc.
  • Kawasaki Heavy Industries, Ltd.
  • PBS Group, A.S.
  • Rajay Parts LLC 
  • Victor Aviation Service, Inc.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Key player positioning, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in air passenger traffic across the globe
3.5.1.2.Growing demand for fuel efficient and downsized engine

3.5.2.Restraints

3.5.2.1.High costs associated with aircraft turbochargers

3.5.3.Opportunities

3.5.3.1.Increase in operations in the commercial aviation

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreak
3.6.2.Micro economic impact analysis

3.6.2.1.Consumer trends
3.6.2.2.Technology trends
3.6.2.3.Regulatory trends

3.6.3.Macro-economic impact analysis

3.6.3.1.GDP
3.6.3.2.Import/export analysis
3.6.3.3.Employment index

3.6.4.Impact on the aircraft turbocharger industry

CHAPTER 4:AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE

4.1.Overview
4.2.Butterfly valve type

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Poppet valve type

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM

5.1.Overview
5.2.Heavyweight aircraft

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Lightweight aircraft

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

CHAPTER 6:AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT

6.1.Overview
6.2.Compressor

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Turbine

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Waste Gate

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

CHAPTER 7:AIRCRAFT TURBOCHARGER MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by turbocharger type
7.2.3.Market size and forecast, by platform
7.2.4.Market size and forecast, by component
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by turbocharger type
7.2.5.1.2.Market size and forecast, by platform
7.2.5.1.3.Market size and forecast, by component

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by turbocharger type
7.2.5.2.2.Market size and forecast, by platform
7.2.5.2.3.Market size and forecast, by component

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by turbocharger type
7.2.5.3.2.Market size and forecast, by platform
7.2.5.3.3.Market size and forecast, by component

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by turbocharger type
7.3.3.Market size and forecast, by platform
7.3.4.Market size and forecast, by component
7.3.5.Market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by turbocharger type
7.3.5.1.2.Market size and forecast, by platform
7.3.5.1.3.Market size and forecast, by component

7.3.5.2.UK

7.3.5.2.1.Market size and forecast, by turbocharger type
7.3.5.2.2.Market size and forecast, by platform
7.3.5.2.3.Market size and forecast, by component

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by turbocharger type
7.3.5.3.2.Market size and forecast, by platform
7.3.5.3.3.Market size and forecast, by component

7.3.5.4.Russia

7.3.5.4.1.Market size and forecast, by turbocharger type
7.3.5.4.2.Market size and forecast, by platform
7.3.5.4.3.Market size and forecast, by component

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by turbocharger type
7.3.5.5.2.Market size and forecast, by platform
7.3.5.5.3.Market size and forecast, by component

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by turbocharger type
7.4.3.Market size and forecast, by platform
7.4.4.Market size and forecast, by component
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by turbocharger type
7.4.5.1.2.Market size and forecast, by platform
7.4.5.1.3.Market size and forecast, by component

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by turbocharger type
7.4.5.2.2.Market size and forecast, by platform
7.4.5.2.3.Market size and forecast, by component

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by turbocharger type
7.4.5.3.2.Market size and forecast, by platform
7.4.5.3.3.Market size and forecast, by component

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by turbocharger type
7.4.5.4.2.Market size and forecast, by platform
7.4.5.4.3.Market size and forecast, by component

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by turbocharger type
7.4.5.5.2.Market size and forecast, by platform
7.4.5.5.3.Market size and forecast, by component

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by turbocharger type
7.5.3.Market size and forecast, by platform
7.5.4.Market size and forecast, by component
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by turbocharger type
7.5.5.1.2.Market size and forecast, by platform
7.5.5.1.3.Market size and forecast, by component

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by turbocharger type
7.5.5.2.2.Market size and forecast, by platform
7.5.5.2.3.Market size and forecast, by component

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by turbocharger type
7.5.5.3.2.Market size and forecast, by platform
7.5.5.3.3.Market size and forecast, by component

CHAPTER 8:COMPANY PROFILES

8.1.ABB LTD

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance

8.2.AIRMARK OVERHAUL, INC.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio

8.3.BORGWARNER INC.

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance

8.4.GENERAL ELECTRIC COMPANY

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance
8.4.6.Key strategic moves and developments

8.5.HARTZELL ENGINE TECHNOLOGIES LLC

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Product portfolio
8.5.4.Key strategic moves and developments

8.6.HONEYWELL INTERNATIONAL INC.

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Operating business segments
8.6.4.Product portfolio
8.6.5.Business performance
8.6.6.Key strategic moves and developments

8.7.KAWASAKI HEAVY INDUSTRIES, LTD.

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance
8.7.6.Key strategic moves and developments

8.8.PBS GROUP, A. S.

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio

8.9.RAJAY PARTS LLC

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Product portfolio

8.10.VICTOR AVIATION SERVICE, INC.

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio

LIST OF TABLES

TABLE 01.AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 02.AIRCRAFT TURBOCHARGER MARKET FOR BUTTERFLY VALVE TYPE, BY REGION 2020–2030 ($MILLION)
TABLE 03.AIRCRAFT TURBOCHARGER MARKET FOR POPPET VALVE TYPE, BY REGION 2020–2030 ($MILLION)
TABLE 04.AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 05.AIRCRAFT TURBOCHARGER MARKET FOR HEAVYWEIGHT AIRCRAFT, BY REGION 2020–2030 ($MILLION)
TABLE 06.AIRCRAFT TURBOCHARGER MARKET FOR LIGHTWEIGHT AIRCRAFT, BY REGION 2020–2030 ($MILLION)
TABLE 07.AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 08.AIRCRAFT TURBOCHARGER MARKET FOR COMPRESSOR, BY REGION 2020–2030 ($MILLION)
TABLE 09.AIRCRAFT TURBOCHARGER MARKET FOR TURBINE, BY REGION 2020–2030 ($MILLION)
TABLE 10.AIRCRAFT TURBOCHARGER MARKET FOR WASTE GATE, BY REGION 2020–2030 ($MILLION)
TABLE 11.AIRCRAFT TURBOCHARGER MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 12.NORTH AMERICA AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 13.NORTH AMERICA AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 14.NORTH AMERICA AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 15.U.S. AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 16.U.S. AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 17.U.S. AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 18.CANADA AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 19.CANADA AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 20.CANADA AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 21.MEXICO AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 22.MEXICO AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 23.MEXICO AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 24.EUROPE AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 25.EUROPE AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 26.EUROPE AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 27.GERMANY AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 28.GERMANY AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 29.GERMANY AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 30.UK AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 31.UK AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 32.UK AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 33.FRANCE AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 34.FRANCE AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 35.FRANCE AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 36.RUSSIA AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 37.RUSSIA AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 38.RUSSIA AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 39.REST OF EUROPE AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 40.REST OF EUROPE AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 41.REST OF EUROPE AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 42.ASIA-PACIFIC AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 43.ASIA-PACIFIC AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 44.ASIA-PACIFIC AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 45.CHINA AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 46.CHINA AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 47.CHINA AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 48.JAPAN AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 49.JAPAN AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 50.JAPAN AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 51.INDIA AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 52.INDIA AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 53.INDIA AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 54.SOUTH KOREA AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 55.SOUTH KOREA AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 56.SOUTH KOREA AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 57.REST OF ASIA-PACIFIC AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 58.REST OF ASIA-PACIFIC AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 59.REST OF ASIA-PACIFIC AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 60.LAMEA AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 61.LAMEA AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 62.LAMEA AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 63.LATIN AMERICA AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 64.LATIN AMERICA AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 65.LATIN AMERICA AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 66.MIDDLE EAST AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 67.MIDDLE EAST AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 68.MIDDLE EAST AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 69.AFRICA AIRCRAFT TURBOCHARGER MARKET, BY TURBOCHARGER TYPE, 2020–2030 ($MILLION)
TABLE 70.AFRICA AIRCRAFT TURBOCHARGER MARKET, BY PLATFORM, 2020–2030 ($MILLION)
TABLE 71.AFRICA AIRCRAFT TURBOCHARGER MARKET, BY COMPONENT, 2020–2030 ($MILLION)
TABLE 72.ABB LTD: COMPANY SNAPSHOT
TABLE 73.ABB LTD: OPERATING SEGMENTS
TABLE 74.ABB LTD: PRODUCT PORTFOLIO
TABLE 75.AIRMARK OVERHAUL, INC.: COMPANY SNAPSHOT
TABLE 76.AIRMARK OVERHAUL, INC.: PRODUCT PORTFOLIO
TABLE 77.BORGWARNER INC.: COMPANY SNAPSHOT
TABLE 78.BORGWARNER INC.: OPERATING SEGMENTS
TABLE 79.BORGWARNER INC.: PRODUCT PORTFOLIO
TABLE 80.GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT
TABLE 81.GENERAL ELECTRIC COMPANY: OPERATING SEGMENTS
TABLE 82.GENERAL ELECTRIC COMPANY: PRODUCT PORTFOLIO
TABLE 83.GENERAL ELECTRIC COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 84.HARTZELL ENGINE TECHNOLOGIES LLC: COMPANY SNAPSHOT
TABLE 85.HARTZELL ENGINE TECHNOLOGIES LLC: PRODUCT PORTFOLIO
TABLE 86.HARTZELL ENGINE TECHNOLOGIES LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 87.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 88.HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 89.HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 90.HONEYWELL INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 91.KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
TABLE 92.KAWASAKI HEAVY INDUSTRIES, LTD.: OPERATING SEGMENTS
TABLE 93.KAWASAKI HEAVY INDUSTRIES, LTD.: PRODUCT PORTFOLIO
TABLE 94.KAWASAKI HEAVY INDUSTRIES, LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 95.PBS GROUP, A. S.: COMPANY SNAPSHOT
TABLE 96.PBS GROUP, A. S.: PRODUCT PORTFOLIO
TABLE 97.RAJAY PARTS LLC: COMPANY SNAPSHOT
TABLE 98.RAJAY PARTS LLC: PRODUCT PORTFOLIO
TABLE 99.VICTOR AVIATION SERVICE, INC.: COMPANY SNAPSHOT
TABLE 100.VICTOR AVIATION SERVICE, INC.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 09.LOW-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11.LOW-TO-MODERATE THREAT OF SUBSTITUTES
FIGURE 12.LOW-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13.LOW-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 14.KEY PLAYER POSITIONING (2020)
FIGURE 15.AIRCRAFT TURBOCHARGER MARKET SHARE, BY TURBOCHARGER TYPE, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET FOR BUTTERFLY VALVE TYPE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET FOR POPPET VALVE TYPE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.AIRCRAFT TURBOCHARGER MARKET SHARE, BY PLATFORM, 2020–2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET FOR HEAVYWEIGHT AIRCRAFT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET FOR LIGHTWEIGHT AIRCRAFT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.AIRCRAFT TURBOCHARGER MARKET SHARE, BY COMPONENT, 2020–2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET FOR COMPRESSOR, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET FOR TURBINE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET FOR WASTE GATE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.AIRCRAFT TURBOCHARGER MARKET, BY REGION, 2020–2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 27.U.S. AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 28.CANADA AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 29.MEXICO AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 31.GERMANY AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 32.UK AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 33.FRANCE AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 34.RUSSIA AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 35.REST OF EUROPE AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 36.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 37.CHINA AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 38.JAPAN AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 39.INDIA AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 40.SOUTH KOREA AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 41.REST OF ASIA-PACIFIC AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 42.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT TURBOCHARGER MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 43.LATIN AMERICA AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 44.MIDDLE EAST AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 45.AFRICA AIRCRAFT TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 46.ABB LTD: REVENUE, 2018–2020 ($MILLION)
FIGURE 47.ABB LTD: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 48.ABB LTD: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 49.BORGWARNER INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 50.BORGWARNER INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.BORGWARNER INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52.GENERAL ELECTRIC COMPANY: NET SALES, 2018–2020 ($MILLION)
FIGURE 53.GENERAL ELECTRIC COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 54.GENERAL ELECTRIC COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.HONEYWELL INTERNATIONAL INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 56.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.KAWASAKI HEAVY INDUSTRIES, LTD.: REVENUE, 2018–2020 ($MILLION)
FIGURE 59.KAWASAKI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 60.KAWASAKI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY REGION, 2020 (%)

 
 

The global aircraft turbocharger market is expected to witness significant growth, due to surge in air traffic along with fuel-efficiency improvement and increase in initiatives for making aircraft engines more efficient.

In addition, increase in air passenger traffic across the globe and surge in demand for fuel-efficient and downsized engine are expected to drive the aircraft turbocharger market during the forecast period. However, high costs associated with aircraft turbochargers is one of the major factors that are anticipated to hamper the growth of the market. Moreover, increase in operations in the commercial aviation is expected to offer lucrative opportunities for the market in future.

To gain a fair share of the market, major players adopted different strategies, for instance, business expansion, product development, and product launch. Among these, product development is the leading strategy used by prominent players such as General Electric Company, Hartzell Engine Technologies LLC, Honeywell International Inc., and Kawasaki Heavy Industries, Ltd. Aforementioned companies designed cutting-edge aircraft turbochargers to offer efficient products to expand their business.

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FREQUENTLY ASKED QUESTIONS?
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A. By turbocharger type, the aircraft turbochargers have been categorised into butterfly valve type and poppet valve type

A. The global aircraft turbocharger market valued at $659.81 million in 2020, and is projected to reach $1,195.32 million by 2030, registering a CAGR of 6.5% from 2021 to 2030

A. The report sample for global aircraft turbocharger market report can be obtained on demand from the website

A. Increasing government investment in aviation industry and growing market for turbochargers for aircraft application across potential regions

A. Driven by factors such as increase in air passenger traffic across the globe and growing demand for fuel efficient and downsized engine, the aircraft turbocharger market is expected to register a significant growth during the forecast period

A. The company profiles of the top players of the market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry along with their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated

A. By platform, the heavyweight aircraft segment is expected to gain traction during the forecast period

A. The U.S. and China are key matured markets growing in the global aircraft turbocharger market

A. Increase in operations in the commercial aviation; and the high costs associated with aircraft turbochargers

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