Industrial Turbocharger Market Size, Share, Trends, Growth and Analysis to 2020

Technavio Announces the Publication of its Research Report Global Industrial Turbocharger Market 2016-2020

Technavio recognizes the following companies as the key players in the global industrial turbocharger market: ABB, Cummins, Honeywell, Mitsubishi Heavy Industries, and Napier Turbochargers.

Other Prominent Vendors in the market are: Brogwarner, Niitsu, MTU, Komatsu, Bosch Mahle TurboSystems, KBB, HS Turbochargers, MAN Diesel Turbo, Precision Turbo & Engine, Rotomaster, Comp Turbo Technology, and Liaoning Rong Li Turbocharge.

Browse full report with TOC@

Commenting on the report, an analyst from Technavios team said: A trend boosting market growth is predictive maintenance strategy. Industrial turbochargers are an essential part of machines, especially ships, power generators, mining, and construction equipment. Unforeseen breakdowns of industrial turbochargers and malfunctioning can significantly hamper the functioning of machines, which is potentially dangerous. For instance, failed turbochargers have rendered main engines inoperable, and ships are left stranded at sea. Hence, maintenance strategies are paramount to the optimum functioning of industrial turbochargers.”

According to the report, a key growth driver is stringent emission regulations. Emission standards are set off mandatory guidelines that regulate a number of air pollutants either gas or particulate released into the atmosphere by any human activity. They are designed to maintain human health, protect the environment, and ensure efficient use of resources.

Further, the report states that one challenge that could restrict market growth is diesel soaps disrupting industrial turbochargers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and...