Global Turbocompressor Market Growth 2025-2031

Product Code: 1280507
Industry: Machinery & Equipment
Published: Aug 23,2025
Pages: 119
Delivery Time: 2-3 business days
Global Turbocompressor Market Growth 2025-2031

Product Code: 1280507
Industry: Machinery & Equipment
Published: Aug 23,2025
Pages: 119
Delivery Time: 2-3 business days
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Description
The global Turbocompressor market size is predicted to grow from US$ 13865 million in 2025 to US$ 19138 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
In 2024, global turbocompressor sales will reach 66 million units, with an average selling price of US$210 per unit.Turbocompressor or Turbocharger is a type of forced induction system. Turbocharger uses the exhaust flow from the engine to spin a turbine, which in turn spins an air pump, compressing the air flowing into the engine. Turbocharger lets the engine squeeze more air into a cylinder and more air means more fuel can be added. So the engine can produce more power without increasing the engine emissions. The turbocharger has four main components, the turbine, the compressor, the control system and the bearing system.
Global key players of turbocompressor include Garrett Motion, BorgWarner, MHI, IHI, Cummins, etc. The top five players hold a share about 69%. North America is the largest producer, has a share about 32%, followed by Europe and China, with share 26% and 22%, respectively. The largest market is Europe, with a share about 46%, followed by Asia-Pacific and North America, with share 33% and 15%, separately.
The turbocompressor market is primarily driven by the following factors:
1. Stricter environmental regulations drive demand for technological upgrades
Globally, environmental regulations continue to tighten, forcing engine efficiency improvements. For example:
EU Euro VII standard: requires new car carbon emissions to be reduced to zero by 2035. Turbochargers can reduce fuel consumption by improving intake efficiency.
China's National VII standard: proposes further limits on particulate matter and nitrogen oxide emissions, making turbocharging technology a key path to compliance for fuel-powered vehicles.
Policy subsidies: Some countries (such as Norway and the Netherlands) offer tax incentives for hybrid vehicles, indirectly driving demand for turbochargers.
2. Technological iteration and innovation expand application scenarios
Turbocharger technology has achieved significant breakthroughs to meet diverse needs:
Variable geometry turbochargers (VGTs): By adjusting the angle of the turbine blades, they optimize the balance between low-speed torque and high-speed power, enhancing the driving experience.
Electric turbochargers: Combined with electric motor drive, they eliminate traditional turbo lag and are suitable for hybrid systems.
Material upgrades: The use of nickel-based alloys and ceramic-based composites improves high-temperature resistance and extends service life.
3. Market Demand Divergence, with Emerging Markets and Hybrid Power Driving Growth
Emerging Market Growth: Car ownership is growing in countries like China and India, and consumers are favoring cost-effective turbocharged models. For example, turbocharger penetration in China has exceeded 50%.
Hybrid Vehicle Popularity: Turbochargers work in tandem with electric motors to optimize engine efficiency and have become standard in hybrid vehicles.
Demand for Performance Vehicles: The pursuit of high-performance in sports sedans and SUVs is driving the adoption of high-end turbochargers (such as twin-scroll designs).
The turbocharger market is driven by environmental regulations, technological innovation, and emerging market demand. Hybrid and high-end performance models will be key growth drivers.
LP Information, Inc. (LPI) ' newest research report, the “Turbocompressor Industry Forecast” looks at past sales and reviews total world Turbocompressor sales in 2024, providing a comprehensive analysis by region and market sector of projected Turbocompressor sales for 2025 through 2031. With Turbocompressor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Turbocompressor industry.
This Insight Report provides a comprehensive analysis of the global Turbocompressor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Turbocompressor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Turbocompressor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Turbocompressor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Turbocompressor.
This report presents a comprehensive overview, market shares, and growth opportunities of Turbocompressor market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
OEM
Aftermarket
Segmentation by Application:
Automotive
Industrial
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Garrett Motion
BorgWarner
MHI
IHI
Cummins
BMTS TECHNOLOGY
Continental
Turbo Energy
Kangyue Technology
Weifu Tianli Turbocharging
Hunan Tyen Machinery
Fengcheng Pacific Shenlong Turbocharger
Weifang Fuyuan Turbochargers
Key Questions Addressed in this Report
What is the 10-year outlook for the global Turbocompressor market?
What factors are driving Turbocompressor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Turbocompressor market opportunities vary by end market size?
How does Turbocompressor break out by Type, by Application?
List Of Tables
List of Tables Table 1. Turbocompressor Annual Sales CAGR by Geographic Region (2020, 2024 & 2031) & ($ millions) Table 2. Turbocompressor Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions) Table 3. Major Players of OEM Table 4. Major Players of Aftermarket Table 5. Global Turbocompressor Sales by Type (2020-2025) & (K Units) Table 6. Global Turbocompressor Sales Market Share by Type (2020-2025) Table 7. Global Turbocompressor Revenue by Type (2020-2025) & ($ million) Table 8. Global Turbocompressor Revenue Market Share by Type (2020-2025) Table 9. Global Turbocompressor Sale Price by Type (2020-2025) & (US$/Unit) Table 10. Global Turbocompressor Sale by Application (2020-2025) & (K Units) Table 11. Global Turbocompressor Sale Market Share by Application (2020-2025) Table 12. Global Turbocompressor Revenue by Application (2020-2025) & ($ million) Table 13. Global Turbocompressor Revenue Market Share by Application (2020-2025) Table 14. Global Turbocompressor Sale Price by Application (2020-2025) & (US$/Unit) Table 15. Global Turbocompressor Sales by Company (2020-2025) & (K Units) Table 16. Global Turbocompressor Sales Market Share by Company (2020-2025) Table 17. Global Turbocompressor Revenue by Company (2020-2025) & ($ millions) Table 18. Global Turbocompressor Revenue Market Share by Company (2020-2025) Table 19. Global Turbocompressor Sale Price by Company (2020-2025) & (US$/Unit) Table 20. Key Manufacturers Turbocompressor Producing Area Distribution and Sales Area Table 21. Players Turbocompressor Products Offered Table 22. Turbocompressor Concentration Ratio (CR3, CR5 and CR10) & (2023-2025) Table 23. New Products and Potential Entrants Table 24. Market M&A Activity & Strategy Table 25. Global Turbocompressor Sales by Geographic Region (2020-2025) & (K Units) Table 26. Global Turbocompressor Sales Market Share Geographic Region (2020-2025) Table 27. Global Turbocompressor Revenue by Geographic Region (2020-2025) & ($ millions) Table 28. Global Turbocompressor Revenue Market Share by Geographic Region (2020-2025) Table 29. Global Turbocompressor Sales by Country/Region (2020-2025) & (K Units) Table 30. Global Turbocompressor Sales Market Share by Country/Region (2020-2025) Table 31. Global Turbocompressor Revenue by Country/Region (2020-2025) & ($ millions) Table 32. Global Turbocompressor Revenue Market Share by Country/Region (2020-2025) Table 33. Americas Turbocompressor Sales by Country (2020-2025) & (K Units) Table 34. Americas Turbocompressor Sales Market Share by Country (2020-2025) Table 35. Americas Turbocompressor Revenue by Country (2020-2025) & ($ millions) Table 36. Americas Turbocompressor Sales by Type (2020-2025) & (K Units) Table 37. Americas Turbocompressor Sales by Application (2020-2025) & (K Units) Table 38. APAC Turbocompressor Sales by Region (2020-2025) & (K Units) Table 39. APAC Turbocompressor Sales Market Share by Region (2020-2025) Table 40. APAC Turbocompressor Revenue by Region (2020-2025) & ($ millions) Table 41. APAC Turbocompressor Sales by Type (2020-2025) & (K Units) Table 42. APAC Turbocompressor Sales by Application (2020-2025) & (K Units) Table 43. Europe Turbocompressor Sales by Country (2020-2025) & (K Units) Table 44. Europe Turbocompressor Revenue by Country (2020-2025) & ($ millions) Table 45. Europe Turbocompressor Sales by Type (2020-2025) & (K Units) Table 46. Europe Turbocompressor Sales by Application (2020-2025) & (K Units) Table 47. Middle East & Africa Turbocompressor Sales by Country (2020-2025) & (K Units) Table 48. Middle East & Africa Turbocompressor Revenue Market Share by Country (2020-2025) Table 49. Middle East & Africa Turbocompressor Sales by Type (2020-2025) & (K Units) Table 50. Middle East & Africa Turbocompressor Sales by Application (2020-2025) & (K Units) Table 51. Key Market Drivers & Growth Opportunities of Turbocompressor Table 52. Key Market Challenges & Risks of Turbocompressor Table 53. Key Industry Trends of Turbocompressor Table 54. Turbocompressor Raw Material Table 55. Key Suppliers of Raw Materials Table 56. Turbocompressor Distributors List Table 57. Turbocompressor Customer List Table 58. Global Turbocompressor Sales Forecast by Region (2026-2031) & (K Units) Table 59. Global Turbocompressor Revenue Forecast by Region (2026-2031) & ($ millions) Table 60. Americas Turbocompressor Sales Forecast by Country (2026-2031) & (K Units) Table 61. Americas Turbocompressor Annual Revenue Forecast by Country (2026-2031) & ($ millions) Table 62. APAC Turbocompressor Sales Forecast by Region (2026-2031) & (K Units) Table 63. APAC Turbocompressor Annual Revenue Forecast by Region (2026-2031) & ($ millions) Table 64. Europe Turbocompressor Sales Forecast by Country (2026-2031) & (K Units) Table 65. Europe Turbocompressor Revenue Forecast by Country (2026-2031) & ($ millions) Table 66. Middle East & Africa Turbocompressor Sales Forecast by Country (2026-2031) & (K Units) Table 67. Middle East & Africa Turbocompressor Revenue Forecast by Country (2026-2031) & ($ millions) Table 68. Global Turbocompressor Sales Forecast by Type (2026-2031) & (K Units) Table 69. Global Turbocompressor Revenue Forecast by Type (2026-2031) & ($ millions) Table 70. Global Turbocompressor Sales Forecast by Application (2026-2031) & (K Units) Table 71. Global Turbocompressor Revenue Forecast by Application (2026-2031) & ($ millions) Table 72. Garrett Motion Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 73. Garrett Motion Turbocompressor Product Portfolios and Specifications Table 74. Garrett Motion Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 75. Garrett Motion Main Business Table 76. Garrett Motion Latest Developments Table 77. BorgWarner Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 78. BorgWarner Turbocompressor Product Portfolios and Specifications Table 79. BorgWarner Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 80. BorgWarner Main Business Table 81. BorgWarner Latest Developments Table 82. MHI Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 83. MHI Turbocompressor Product Portfolios and Specifications Table 84. MHI Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 85. MHI Main Business Table 86. MHI Latest Developments Table 87. IHI Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 88. IHI Turbocompressor Product Portfolios and Specifications Table 89. IHI Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 90. IHI Main Business Table 91. IHI Latest Developments Table 92. Cummins Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 93. Cummins Turbocompressor Product Portfolios and Specifications Table 94. Cummins Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 95. Cummins Main Business Table 96. Cummins Latest Developments Table 97. BMTS TECHNOLOGY Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 98. BMTS TECHNOLOGY Turbocompressor Product Portfolios and Specifications Table 99. BMTS TECHNOLOGY Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 100. BMTS TECHNOLOGY Main Business Table 101. BMTS TECHNOLOGY Latest Developments Table 102. Continental Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 103. Continental Turbocompressor Product Portfolios and Specifications Table 104. Continental Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 105. Continental Main Business Table 106. Continental Latest Developments Table 107. Turbo Energy Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 108. Turbo Energy Turbocompressor Product Portfolios and Specifications Table 109. Turbo Energy Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 110. Turbo Energy Main Business Table 111. Turbo Energy Latest Developments Table 112. Kangyue Technology Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 113. Kangyue Technology Turbocompressor Product Portfolios and Specifications Table 114. Kangyue Technology Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 115. Kangyue Technology Main Business Table 116. Kangyue Technology Latest Developments Table 117. Weifu Tianli Turbocharging Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 118. Weifu Tianli Turbocharging Turbocompressor Product Portfolios and Specifications Table 119. Weifu Tianli Turbocharging Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 120. Weifu Tianli Turbocharging Main Business Table 121. Weifu Tianli Turbocharging Latest Developments Table 122. Hunan Tyen Machinery Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 123. Hunan Tyen Machinery Turbocompressor Product Portfolios and Specifications Table 124. Hunan Tyen Machinery Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 125. Hunan Tyen Machinery Main Business Table 126. Hunan Tyen Machinery Latest Developments Table 127. Fengcheng Pacific Shenlong Turbocharger Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 128. Fengcheng Pacific Shenlong Turbocharger Turbocompressor Product Portfolios and Specifications Table 129. Fengcheng Pacific Shenlong Turbocharger Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 130. Fengcheng Pacific Shenlong Turbocharger Main Business Table 131. Fengcheng Pacific Shenlong Turbocharger Latest Developments Table 132. Weifang Fuyuan Turbochargers Basic Information, Turbocompressor Manufacturing Base, Sales Area and Its Competitors Table 133. Weifang Fuyuan Turbochargers Turbocompressor Product Portfolios and Specifications Table 134. Weifang Fuyuan Turbochargers Turbocompressor Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025) Table 135. Weifang Fuyuan Turbochargers Main Business Table 136. Weifang Fuyuan Turbochargers Latest Developments List of Figures Figure 1. Picture of Turbocompressor Figure 2. Turbocompressor Report Years Considered Figure 3. Research Objectives Figure 4. Research Methodology Figure 5. Research Process and Data Source Figure 6. Global Turbocompressor Sales Growth Rate 2020-2031 (K Units) Figure 7. Global Turbocompressor Revenue Growth Rate 2020-2031 ($ millions) Figure 8. Turbocompressor Sales by Geographic Region (2020, 2024 & 2031) & ($ millions) Figure 9. Turbocompressor Sales Market Share by Country/Region (2024) Figure 10. Turbocompressor Sales Market Share by Country/Region (2020, 2024 & 2031) Figure 11. Product Picture of OEM Figure 12. Product Picture of Aftermarket Figure 13. Global Turbocompressor Sales Market Share by Type in 2025 Figure 14. Global Turbocompressor Revenue Market Share by Type (2020-2025) Figure 15. Turbocompressor Consumed in Automotive Figure 16. Global Turbocompressor Market: Automotive (2020-2025) & (K Units) Figure 17. Turbocompressor Consumed in Industrial Figure 18. Global Turbocompressor Market: Industrial (2020-2025) & (K Units) Figure 19. Global Turbocompressor Sale Market Share by Application (2024) Figure 20. Global Turbocompressor Revenue Market Share by Application in 2025 Figure 21. Turbocompressor Sales by Company in 2025 (K Units) Figure 22. Global Turbocompressor Sales Market Share by Company in 2025 Figure 23. Turbocompressor Revenue by Company in 2025 ($ millions) Figure 24. Global Turbocompressor Revenue Market Share by Company in 2025 Figure 25. Global Turbocompressor Sales Market Share by Geographic Region (2020-2025) Figure 26. Global Turbocompressor Revenue Market Share by Geographic Region in 2025 Figure 27. Americas Turbocompressor Sales 2020-2025 (K Units) Figure 28. Americas Turbocompressor Revenue 2020-2025 ($ millions) Figure 29. APAC Turbocompressor Sales 2020-2025 (K Units) Figure 30. APAC Turbocompressor Revenue 2020-2025 ($ millions) Figure 31. Europe Turbocompressor Sales 2020-2025 (K Units) Figure 32. Europe Turbocompressor Revenue 2020-2025 ($ millions) Figure 33. Middle East & Africa Turbocompressor Sales 2020-2025 (K Units) Figure 34. Middle East & Africa Turbocompressor Revenue 2020-2025 ($ millions) Figure 35. Americas Turbocompressor Sales Market Share by Country in 2025 Figure 36. Americas Turbocompressor Revenue Market Share by Country (2020-2025) Figure 37. Americas Turbocompressor Sales Market Share by Type (2020-2025) Figure 38. Americas Turbocompressor Sales Market Share by Application (2020-2025) Figure 39. United States Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 40. Canada Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 41. Mexico Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 42. Brazil Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 43. APAC Turbocompressor Sales Market Share by Region in 2025 Figure 44. APAC Turbocompressor Revenue Market Share by Region (2020-2025) Figure 45. APAC Turbocompressor Sales Market Share by Type (2020-2025) Figure 46. APAC Turbocompressor Sales Market Share by Application (2020-2025) Figure 47. China Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 48. Japan Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 49. South Korea Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 50. Southeast Asia Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 51. India Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 52. Australia Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 53. China Taiwan Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 54. Europe Turbocompressor Sales Market Share by Country in 2025 Figure 55. Europe Turbocompressor Revenue Market Share by Country (2020-2025) Figure 56. Europe Turbocompressor Sales Market Share by Type (2020-2025) Figure 57. Europe Turbocompressor Sales Market Share by Application (2020-2025) Figure 58. Germany Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 59. France Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 60. UK Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 61. Italy Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 62. Russia Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 63. Middle East & Africa Turbocompressor Sales Market Share by Country (2020-2025) Figure 64. Middle East & Africa Turbocompressor Sales Market Share by Type (2020-2025) Figure 65. Middle East & Africa Turbocompressor Sales Market Share by Application (2020-2025) Figure 66. Egypt Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 67. South Africa Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 68. Israel Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 69. Turkey Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 70. GCC Countries Turbocompressor Revenue Growth 2020-2025 ($ millions) Figure 71. Manufacturing Cost Structure Analysis of Turbocompressor in 2025 Figure 72. Manufacturing Process Analysis of Turbocompressor Figure 73. Industry Chain Structure of Turbocompressor Figure 74. Channels of Distribution Figure 75. Global Turbocompressor Sales Market Forecast by Region (2026-2031) Figure 76. Global Turbocompressor Revenue Market Share Forecast by Region (2026-2031) Figure 77. Global Turbocompressor Sales Market Share Forecast by Type (2026-2031) Figure 78. Global Turbocompressor Revenue Market Share Forecast by Type (2026-2031) Figure 79. Global Turbocompressor Sales Market Share Forecast by Application (2026-2031) Figure 80. Global Turbocompressor Revenue Market Share Forecast by Application (2026-2031)
Companies Mentioned
Garrett Motion
BorgWarner
MHI
IHI
Cummins
BMTS TECHNOLOGY
Continental
Turbo Energy
Kangyue Technology
Weifu Tianli Turbocharging
Hunan Tyen Machinery
Fengcheng Pacific Shenlong Turbocharger
Weifang Fuyuan Turbochargers
Methodology
LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
Data Sourse
Data Analysis
Writing And Finishing Report
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Description
Table Of Contents
List Of Tables
Companies Mentioned
Methodology
Provide comprehensive and accurate analysis and reports according to your exact requirements.
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