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Aircraft and Marine Turbochargers Market by Platform (Aircraft, Marine, Unmanned Aerial Vehicle (UAV)), Component (Compressor, Turbine, Shaft), Technology (Single Turbo, Twin Turbo, Electro-Assist Turbo) and Region - Global Forecast to 2023

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Date: 01-Feb-2019
No. of pages: 126
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“Increasing demand for fuel-efficient aircraft engines is expected to drive the overall growth in aircraft and marine turbochargers market.”

The aircraft and marine turbochargers market is projected to grow from USD 270 million in 2018 to USD 290 million by 2023, at a Compound Annual Growth Rate (CAGR) of 1.41% during the forecast period from 2018 to 2023.Several engine manufacturers are developing fuel-efficient engines for aircraft and ships. This is expected to lead to the rising demand for aircraft and marine turbochargers, thereby leading to the growth of the aircraft and marine turbochargers market across the globe. However, the complex designs of aircraft and marine turbochargers can lead to their maintenance difficulties, which are expected to hinder the growth of the market during the forecast period.

Based on platform, the UAV segment of the aircraft and marine turbochargers market is projected to grow at the highest CAGR during the forecast period

The UAV segment of the market is projected to grow at the highest CAGR from 2018 to 2023.The UAV segment has been further classified into tactical UAV, strategic UAV, and special purpose UAV. The market for strategic UAVs is projected to grow during the forecast period due to their increased demand across the globe, owing to their compact and efficient engines.

Based on component, the compressor segment is projected to lead the aircraft and marine turbochargers market from 2018 to 2023.

In turbochargers, there are 2 primary components of the compressors, namely, compressor wheels and compressor covers. These components have various other subsystems installed in them that are of critical designs and features. These include diffusers, which are typically designed for installation in the compressor covers. Compressor wheels are extremely expensive. They avert various premature turbocharger component failures in high boost applications in aircraft and ships. Compressor covers are like compressor wheels and are typically made from aluminum alloys.

The North America aircraft and marine turbochargers market is projected to grow at the highest CAGR during the forecast period.

The North America aircraft and marine turbochargers market is projected to grow at the highest CAGR from 2018 to 2023. The growth of this market can be attributed to the increased demand for aircraft from the region. Commercial airlines in the region are procuring aircraft in large numbers to meet the surging demand for air travel within and outside the region.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the aircraft and marine turbochargers market.


  • By company type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%

  • By Designation: C-level Executives: 35%, Directors: 25%, and Others 40%

  • By Region: North America: 45%, Europe: 20%, Asia Pacific: 30%, and RoW: 5%: 10%


The aircraft and marine turbochargers market comprises major solution providers such as Hartzell Engine Technologies (US), PBS Velka Bites (the Czech Republic), Rolls-Royce (UK), Mitsubishi Heavy Industries (Japan), Main Turbo Systems (US), ABB (Switzerland), Cummins (US), Kawasaki Heavy Industries (Japan), and MAN Energy Solutions (Germany).The study includes in-depth competitive analysis of these key players in the aircraft and marine turbochargers market with their company profiles, recent developments undertaken by them, and key market strategies adopted by them.

Research Coverage:

The market study covers the aircraft and marine turbochargers market across various segments and sub segments. It aims at estimating the market size and the growth potential of this market across different segments such as platform, technology, component, and region. The study also includes an in-depth competitive analysis of the key players operating in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them.

Key Benefits of Buying the Report

The report is expected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aircraft and marine turbochargers market, its segments, and sub segments. This report is expected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses by planning suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, challenges, and opportunities.

Aircraft and Marine Turbochargers Market by Platform (Aircraft, Marine, Unmanned Aerial Vehicle (UAV)), Component (Compressor, Turbine, Shaft), Technology (Single Turbo, Twin Turbo, Electro-Assist Turbo) and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Aircraft and Marine Turbochargers Market, 2018-2023
4.2 Aircraft and Marine Turbochargers Market, By Platform
4.3 Aircraft Turbochargers Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Drivers
5.3.1 Growth in Maritime Tourism
5.3.2 Increasing Focus on Fuel-Efficient Aircraft Engines
5.3.3 Increasing Number of Aircraft Deliveries
5.3.4 Rising Demand for Light Jets in Emerging Economies
5.4 Opportunities
5.4.1 Growing Demand for Lightweight Aircraft Engines
5.4.2 Adoption of 3d Printing for Aircraft Turbocharger Manufacturing
5.4.3 Marine Turbochargers for Gasoline & Diesel Engines
5.5 Challenges
5.5.1 Complex Design of Aircraft Turbochargers, Leading to Maintenance Difficulties
5.5.2 Global Marine Freight Rates

6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 3d Printing Technology for Turbochargers
6.2.2 Air Foil Bearings
6.2.3 Hybrid Turbochargers for Marine Engines
6.2.4 Variable Geometry Turbocharger for Marine
6.2.5 Electro-Assist Turbo Technology for Marine Turbocharged Diesel Engines
6.3 Regulatory Landscape
6.3.1 Component Design
6.3.2 Airline/Marine Operations
6.3.2.1 Durability
6.3.2.2 Reparability
6.3.3 Manufacturing
6.3.3.1 Reproducibility

7 Aircraft and Marine Turbochargers Market, By Platform
7.1 Introduction
7.2 Aircraft
7.2.1 Ultralight (Turboprop)
7.2.1.1 Increased Use of Fuel Efficient Aircraft in Ultralight
7.2.2 Ultralight (Piston)
7.2.2.1 The Main Advantage of Piston Engine is to Allow the Plane to Have A More Narrow Front Fuselage That Reduces Drag
7.3 UAV
7.3.1 Tactical UAV
7.3.1.1 The Major Factor Driving the Tactical UAV is Used to Observe and Locate Targets From A Long Distance
7.3.2 Strategic UAV
7.3.2.1 The Major Factor Driving the Strategic UAV is Used to Carry Large Platform Payloads at A Maximum Altitude
7.3.3 Special Purpose UAV
7.3.3.1 Special Purposed UAV Mostly Being Used in Military Applications Such As, Surveillance, and Aerial Photography
7.4 Marine
7.4.1 Military Ships
7.4.1.1 Surface Naval Ship
7.4.1.1.1 Surface Naval Ship are A Subset of Naval Warships Which are Designed for Warfare on the Surface of the Water
7.4.1.2 Aircraft Carrier
7.4.1.2.1 Aircraft Carrier is Used to Deploy Balloons to Nuclear-Powered Warships That Carry Numerous Fighters, Strike Aircraft, Helicopters, and Other Types of Aircraft.
7.4.1.3 Surface Combatant
7.4.1.3.1 Increasing Use of Surface Combatant is to Engage Space, Air, Surface, and Submerged Targets With Weapons Deployed From the Ship
7.4.1.4 Coastal Defense
7.4.1.4.1 Coastal Defense Ship is Specially Designed Shallow Draft Vessels Capable of Littoral Operations
7.4.1.5 Patrol Combatant
7.4.1.5.1 Increasing Use of Patrol Combatant Ship for Anti-Smuggling, Anti-Piracy, Fisheries Patrols, and Immigration Law Enforcement
7.4.1.6 Amphibious Warfare
7.4.1.6.1 Amphibious Warfare Ships Majorly Used to Support Ground Forces, Such as Marines, on Enemy Territory During an Amphibious Assault.
7.4.1.7 Combat Logistics
7.4.1.7.1 Combat Logistics is Responsible for Marine Air-Ground Task Providing Logistic Support
7.4.1.8 Mine Warfare
7.4.1.8.1 Mine Warfare Ships are Designed as Mine Hunter-Killers Capable of Finding, Classifying, and Destroying Moored and Bottom Mines of Ships.
7.4.1.9 Sealift
7.4.1.9.1 Sealift Ships are Majorly Used for the Purpose to Support the Army, Navy, Air Force, Marine Corps and Defense Logistics Agency
7.4.2 Commercial Ships
7.4.2.1 Merchant Ship
7.4.2.1.1 Increasing Demand for Merchant Ships is Due to Increase in Cargo Transport
7.4.2.2 Bulk Carrier
7.4.2.2.1 Bulk Carrier is Specially Designed to Transport Unpackaged Bulk Cargo, Such as Grains, Coal, Ore, and Cement
7.4.2.3 Container
7.4.2.3.1 Container Ships Majorly Used in Commercial Freight Transport and Non-Bulk Cargo.
7.4.2.4 Oil Tanker
7.4.2.4.1 Oil Tanker is Designed for the Bulk Transport of Oil Or Its Products.
7.4.2.5 Offshore Vessel
7.4.2.5.1 Offshore Vessel is Used to Support and Transportation of Goods, Tools, Equipment and Personnel to and From Offshore Oil Platforms and Other Offshore Structures.
7.4.2.6 Recreational Boat
7.4.2.6.1 Increasing Demand for the Recreational Boat is Due to Fishing Expeditions and Water Sport

8 Aircraft and Marine Turbochargers Market, By Component
8.1 Introduction
8.2 Compressor
8.2.1 Increasing Demand for the High Performance Materials for Compressor
8.3 Turbine
8.3.1 Turbine is Mostly Used to Control Exhaust Airflow, Aircraft Wastegates and Manage the Turbine Speed
8.4 Shaft
8.4.1 Shaft is One of the Most Important Component to Produce Shaft Power Than Jet Thrust.
8.5 Others

9 Aircraft and Marine Turbochargers Market, By Technology
9.1 Introduction
9.2 Single Turbo
9.2.1 Single Turbo is Used to Increase the Power Output for Turbocharger
9.3 Twin Turbo
9.3.1 Reduced Operating Costs and Maintenance is the Major Factors for Twin Turbo
9.4 Electro-Assist Turbo
9.4.1 Increasing Demand for Electro-Assist Turbochargers in Marine Industry for the Use of Marine Diesel Engine
9.5 Variable-Geometry Turbo
9.5.1 Increasing Demand for Variable-Geometry Turbocharger for Marine Industry to Produce High Engine Speeds

10 Aircraft and Marine Turbochargers Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.3 Europe
10.3.1 France
10.3.2 Germany
10.3.3 Italy
10.3.4 Switzerland
10.3.5 UK
10.3.6 Russia
10.3.7 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Australia
10.4.4 New Zealand
10.4.5 Japan
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 Rest of the World
10.5.1 Latin America
10.5.2 Middle East

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis
11.3 Competitive Scenario
11.3.1 Contracts
11.3.2 New Product Developments
11.3.3 Acquisitions and Agreements

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 Hartzell Engine Technologies
12.2 PBS Velka Bites
12.3 Rolls-Royce
12.4 Mitsubishi Heavy Industries
12.5 Main Turbo Systems
12.6 Textron Inc.
12.7 General Electric
12.8 ABB
12.9 Cummins
12.10 Kawasaki Heavy Industries
12.11 Jrone Turbocharger
12.12 Lycoming Engines
12.13 Continental Motors Group
12.14 Man Energy Solutions
12.15 Innovators
12.15.1 Mahindra Aerospace
12.15.2 A&S Turbochargers Co.
12.15.3 Van Der Lee Turbo Systems
12.15.4 Sprintaero
12.15.5 Diamond Aircraft Industries

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Available Customization
13.4 Related Reports
13.5 Author Details

List of Tables

Table 1 Aircraft and Marine Turbochargers Market, By Platform, 2016-2023 (USD Million)
Table 2 Aircraft Turbochargers Market, By Region, 2016-2023 (USD Million)
Table 3 Aircraft Turbochargers Market, By Aircraft Type, 2016-2023 (USD Million)
Table 4 UAV Turbochargers Market, By Region, 2016-2023 (USD Million)
Table 5 UAV Turbochargers Market, By Type, 2016-2023 (USD Million)
Table 6 Marine Turbochargers Market, By Region, 2016-2023 (USD Million)
Table 7 Marine Turbochargers Market, By Ship Type, 2016-2023 (USD Million)
Table 8 Aircraft Turbochargers Market, By Component, 2016-2023 (USD Million)
Table 9 Marine Turbochargers Market, By Component, 2016-2023 (USD Million)
Table 10 Aircraft Turbochargers Market Size, By Region, 2016-2023 (USD Million)
Table 11 Marine Turbochargers Market Size, By Region, 2016-2023 (USD Million)
Table 12 North America Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 13 North America Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 14 North America Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 15 North America Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 16 North America Aircraft Turbochargers Market Size, By Country, 2016-2023 (USD Million)
Table 17 North America Marine Turbochargers Market Size, By Country, 2016-2023 (USD Million)
Table 18 US Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 19 US Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 20 US Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 21 US Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 22 Europe Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 23 Europe Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 24 Europe Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 25 Europe Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 26 Europe Aircraft Turbochargers Size, By Country, 2016-2023 (USD Million)
Table 27 Europe Marine Turbochargers Size, By Country, 2016-2023 (USD Million)
Table 28 France Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 29 France Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 30 France Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 31 France Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 32 Germany Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 33 Germany Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 34 Germany Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 35 Germany Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 36 Italy Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 37 Italy Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 38 Italy Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 39 Italy Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 40 Switzerland Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 41 Switzerland Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 42 UK Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 43 UK Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 44 Russia Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 45 Russia Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 46 Rest of Europe Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 47 Rest of Europe Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 48 Asia Pacific Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 49 Asia Pacific Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 50 Asia Pacific Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 51 Asia Pacific Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 52 Asia Pacific Aircraft Turbochargers Size, By Country, 2016-2023 (USD Million)
Table 53 Asia Pacific Marine Turbochargers Size, By Country, 2016-2023 (USD Million)
Table 54 China Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 55 China Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 56 China Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 57 China Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 58 India Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 59 India Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 60 Australia Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 61 Australia Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 62 New Zealand Aircraft Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 63 New Zealand Aircraft Turbochargers Market Size, By Aircraft Type, 2016-2023 (USD Million)
Table 64 Japan Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 65 Japan Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 66 South Korea Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 67 South Korea Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 68 Rest of Asia Pacific Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 69 Rest of Asia Pacific Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 70 Rest of the World Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 71 Rest of the World Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 72 Rest of the World Marine Turbochargers Size, By Region, 2016-2023 (USD Million)
Table 73 Latin America Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 74 Latin America Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 75 Middle East Marine Turbochargers Market Size, By Component, 2016-2023 (USD Million)
Table 76 Middle East Marine Turbochargers Market Size, By Ship Type, 2016-2023 (USD Million)
Table 77 Ranking of Players in the Global Aircraft and Marine Turbochargers Market
Table 78 Contracts, July 2014–February 2018
Table 79 New Product Developments, July 2014–February 2018
Table 80 Acquisitions and Agreements, July 2014–February 2018

List of Figures

Figure 1 Research Flow
Figure 2 Research Design: Aircraft and Marine Turbochargers Market
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Compressor Segment Projected to Lead the Aircraft and Marine Turbochargers Market By Component During the Forecast Period
Figure 8 Ultralight (Turboprop) Subsegment of Aircraft Platform Projected to Dominate the Aircraft Turbochargers Market During the Forecast Period
Figure 9 Commercial Ships Subsegment of Marine Platform to Account for the Largest Share of the Marine Turbochargers Market During the Forecast Period
Figure 10 North America Projected to Account for the Largest Share of the Aircraft Turbochargers Market in 2018
Figure 11 Europe Projected to Account for the Largest Share of the Marine Turbochargers Market in 2018
Figure 12 Emerging Demand for Hybrid Turbocharger Technology for Marine Engines is the Fastest-Growing Trend in Marine Turbochargers Market
Figure 13 Ultralight (Turboprop) Subsegment of Aircraft Platform Projected to Lead the Aircraft Turbochargers Market During the Forecast Period
Figure 14 Military Ships Marine Platform Subsegment Expected to Register the Highest CAGR During the Forecast Period
Figure 15 North America Estimated to Account for the Largest Share of the Aircraft Turbochargers Market in 2018
Figure 16 North America Marine Turbochargers Market to Grow at the Highest Rate During the Forecast Period
Figure 17 Aircraft and Marine Turbochargers: Market Dynamics
Figure 18 Airbus and Boeing Aircraft Fleet Growth Forecast By 2035, By Region
Figure 19 Marine Segment Estimated to Lead the Aircraft and Marine Turbochargers Market During the Forecast Period
Figure 20 Compressor Segment Estimated to Lead the Aircraft and Marine Turbochargers Market During the Forecast Period
Figure 21 Europe Estimated to Account for the Largest Share of the Aircraft Turbochargers Market in 2018
Figure 22 North America Marine Turbochargers Market Snapshot
Figure 23 Europe Marine Turbochargers Market Snapshot
Figure 24 Asia Pacific Marine Turbochargers Market Snapshot
Figure 25 Rest of the World Marine Turbochargers Market Snapshot
Figure 26 Companies Adopted Agreements and Acquisitions as Key Growth Strategies From July 2014 to September 2017
Figure 27 Rolls-Royce: Company Snapshot
Figure 28 Rolls-Royce: SWOT Analysis
Figure 29 Mitsubishi Heavy Industries: Company Snapshot
Figure 30 Mitsubishi Heavy Industries: SWOT Analysis
Figure 31 Textron Inc.: Company Snapshot
Figure 32 General Electric: Company Snapshot
Figure 33 General Electric: SWOT Analysis
Figure 34 ABB: Company Snapshot
Figure 35 Cummins: Company Snapshot
Figure 36 Kawasaki Heavy Industries: Company Snapshot

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