Aircraft Turbocharger market - Introduction

Turbocharger commonly known as turbo, is a forced induction device that uses turbine to drive a centrifugal compressor wheel. The turbocharger increases an efficiency and power of internal combustion by forcing extra compressed air into the combustion chamber. Turbocharger is mainly consist of three components such as compressor, turbine, and a center housing rotating assembly. The turbine section comprise of turbine inlet, outlet and turbine wheel. Out of three, the turbine inlet receives the exhausted gases from the aircraft engine. When these gases are received by the turbine, wheel start to rotate. These rotation can compresses the ambient air using compressor and sending it to the air intake of the engine.

Aircraft turbocharger is largely used on aircrafts manufactured by the leading brands such as bell helicopter, cessna, piper, beechcraft, aero commander, bellanca, britten norman, evangel-air, mooney, helio, a lake aircraft, and several others.

Is something restraining your company’s growth in the Aircraft Turbocharger market? Ask for the report brochure 

Aircraft Turbocharger market – Competitive Landscape

Cummins Inc.

Founded in 1919, Cummins Inc. is headquartered in Columbus, Indiana, the U.S. The company design, and developed powertrain-related component and diesel & natural gas engines products worldwide. The company has more than 62,610 work force to operate company’s five business segments such as electrified power, engine, power systems, components, and distribution.

Hartzell Engine Technologies LLC

Incorporated in 1987, Hartzell Engine Technologies LLC is based in Montgomery, AL, U.S. The company is operate as a subsidiary of Tailwind Technologies Inc. Hartzell Engine Technologies LLC specializes in designing and manufacturing of new and refurbished parts for piston engine and helicopters, general aviation aircraft, light Jets, and military applications. The company offers wide product range which includes primary electrical systems and controls, cabin heaters, aircraft oil filters, fuel pumps, alternators, voltage regulators, battery capacity analyzers, turbochargers and their controls, and among other electrical components.

Mitsubishi Heavy Industries Engine & Turbocharger, Ltd.

Incorporated in 1985, Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. is located in Addison, Illinois, U.S. The company operates as a subsidiary of Mitsubishi Heavy Industries Ltd. Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. is involved in marketing of industrial engines, manufacturing of turbochargers, and aftermarket servicing and parts supply.

PBS Velka Bites, a.s.

Founded in 1991, PBS Velka Bites, a.s.is a company based in Velka Bites, Vysocina. The company is involved in design and manufacturing of high-speed turbine machines for the power, transport, and aerospace industries.

Some of the key players operating in the global aircraft turbocharger market with significant developments include Bosch Mahle Turbo Systems GmbH, Rajay Parts, LLC, Victor Aviation Service, Inc., Victor Aviation Service, Inc., Borgwarner and Inc, Eaton Corporation, Honeywell International Inc, and among others

Is something restraining your company’s growth in the Aircraft Turbocharger market? Ask for the Custom brochure 

Aircraft Turbocharger market – Dynamics

Growing Demand for Fuel Efficient and Downsized Engine

The aircraft turbochargers is act as an air pump, which force the compressed air into the combustion chamber to rise the mass of the intake air. The vacuum is crated when the piston goes down and the engine receives air in. Due to this process, the pressure present inside the inlet manifold becomes higher than atmospheric pressure because the turbocharger force the intake air. This can create a large power into the engine which will helps to reduce the fuel consumption as well as carbon dioxide emissions compared with the naturally aspirated engine of identical power output. Hence the demand for force induction device is increased and that is likely to drive the growth of aircraft turbocharger market in near future.

Increasing Government Investment in Aviation Industry

The civil aviation industry has emerged as one of the fastest growing industry in Asia Pacific owing to the increased use of air transportation. Also according to Aerospace Industries Association (AIA), U.S. aerospace and defense industry generated $865 billion in economic output. This revenue is exacted to increase in upcoming years owing to increasing investments in defense and space by the U.S. government and companies.

Furthermore, the increasing demand for military equipment is on the uptick owing to the geopolitical tensions, which is driving defense spending across the globe. The government of India, Japan, China, and Russia started increasing their defense budget to address security threats and counter terrorism. Also the technological advances are changing the character of war and the air and maritime domains are increasingly contested. These factors can drive the aircraft turbocharger market growth during forecast period.

Aircraft Turbocharger market – Segmentation

The aircraft turbocharger market can be bifurcated on the basis of:

  • Type
  • Component
  • Application
  • Region

Aircraft Turbocharger market Segmentation – By Type

Depending on the type, the aircraft turbocharger market can be divided into:

  • Butterfly Valve Type
  • Poppet Valve Type

Aircraft Turbocharger market Segmentation – By Component

On the basis of the component, the aircraft turbocharger market can be fragmented into:

  • Compressor 
  • Turbine
  • Shaft
  • Others

Aircraft Turbocharger market Segmentation – By Application

In terms of application, the aircraft turbocharger market can be segmented into:

  • Light Weight Aircraft
  • Heavy Weight Aircraft

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Aircraft Turbocharger Market

Pre Book