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Marine Turbocharger Market Share
- Report ID: GMI4399
- Published Date: Dec 2020
- Report Format: PDF
Marine Turbocharger Market Share
Leading industry participants operating in the marine turbocharger market include:
- Kompressorenbau Bannewitz GmbH
- Napier Turbochargers Ltd
- MAN Diesel & Turbo
- Heavy Industries Marine Machinery & Equipment Co., Ltd
- Istanbul MarineTurbine Service
- Hedemora Turbo & Diesel AB
- Shanghai Daewin Marine Parts
- Rotomaster International
- La Meccanica Turbo Diesel
- BorgWarner Turbo Systems
- Cummins, Inc
- Kawasaki Heavy Industries, Ltd
- Mitsubishi IHI Corporation
- Liaoning RongLi Turbocharger Co., Ltd
- PBS Turbo s.r.o
- ABB
- MTU Friedrichshafen
Industry players are constantly expanding their product portfolio to cater to the surging demand.
Frequently Asked Questions (FAQ) :
The global market for marine turbochargers was over USD 559.5 million during 2019 and is projected to witness around 7.8% CAGR through 2026.
The axial marine turbocharger industry share is anticipated to record close to 9.4% CAGR over 2020-2026 owing to increasing use across large two-stroke engine applications.
The market share from the recreational boats segment is expected to surpass USD 700 million by 2026 due to the expanding tourism sector and improved sales of luxury vessels.
North America marine turbocharger industry will hold around 50% of the global share by 2026 owing to the high demand for recreational boats and a rise in coastal tourism.
Marine Turbocharger Market Scope
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