Aviation News
Press release distribution service
Home > Aviation News & Resources
Aviation Industry
  • Aviation News
  • Business Aviation
  • Commercial Aviation
  • Defense
  • Submit News

    Watch Aviation News

  • Airbus News
  • Airlines News
  • Airport News
  • Aviation News
  • Boeing News

  • Aircraft and Marine Turbochargers Market Size, Growth, Trend and Forecast to 2023


    (Aviation-NewsWire.Com, June 05, 2020 ) The Aircraft and Marine Turbochargers Market is projected to grow from $270 million in 2018 to $290 million by 2023, at a Compound Annual Growth Rate (CAGR) of 1.41% from 2018 to 2023. The rising demand for fuel-efficient aircraft engines, increasing number of aircraft deliveries, rising demand for light jets from countries such as the US, the UK, China, India, and Japan, and flourishing maritime tourism industry across the globe are leading to the growth of the aircraft and marine turbochargers market.

    Download PDF Brochure @


    Based on component, the compressor segment is projected to be the largest contributor to the aircraft and marine turbochargers market during the forecast period.

    Based on component, the compressor segment is projected to lead the aircraft and marine turbochargers market during the forecast period. Compressor wheels, which are commonly made of aluminum alloys, are the common component used in turbos. However, some commercial diesel and performance racing applications of aircraft and marine turbochargers have started using titanium wheels machined on 5-axes mills. Though these wheels are extremely expensive, they do tend to avert premature failures of turbocharger components witnessed in high boost applications in aircraft and ships.

    Based on platform, the ultralight (turboprop) aircraft segment is projected to lead the aircraft and marine turbochargers market from 2018 to 2023.

    In ultralight (turboprop) aircraft, turboprop engines are used. These engines are the advanced version of the traditional jet engines, wherein engine inlets are equipped with propellers. These propellers are rotated at high speed using power produced by engines, which is transferred to gearboxes. The use of turboprop engines is limited to applications, wherein aircraft operates at low speeds because of the huge size of propellers. These engines are used mainly in general aviation applications. The market for turboprop engines is projected to grow during the forecast period as they are more fuel-efficient than traditional jet engines.

    The European region is projected to lead the aircraft and marine turbochargers market during the forecast period.

    The European region is estimated to account for the largest share of the aircraft and marine turbochargers market in 2018. The growth of the Europe aircraft and marine turbochargers market can be attributed to the presence of a large number of turbocharger manufacturers in the region that include PBS Velka Bites (the Czech Republic), Rolls-Royce (UK), and ABB (Switzerland), among others. Moreover, the stringent implementation of various emission norms in countries such as Germany, the UK, and France of the region is also leading to the increased demand for fuel-efficient engines, which, in turn, is contributing to the growth of the aircraft and marine turbochargers market in the European region.

    Key Market Players

    The major vendors in the aircraft and marine turbochargers market are 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).

    Ask for Sample Report @


    About MarketsandMarkets™

    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

    MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


    Mr. Aashish Mehra



    Source: EmailWire.Com

    Source: EmailWire.com

    Aviation News & Resources

    Aviation Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    Aviation-Newswire.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    Aviation-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC