Marine Turbocharger Market
By Mode Of Operation;
Radial and AxialBy Technology;
Single Turbocharger, Twin Turbocharger, Variable Geometry Turbocharger (VGT), Electric Assisted Turbocharger and OthersBy Component;
Compressor, Turbine, Shaft, Electronic Control Unit (ECU) and OthersBy Application;
Commercial Ships, Recreational Boats and Military ShipsBy Sales Channel;
OEM and AftermarketBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Marine Turbocharger Market Overview
Marine Turbocharger Market (USD Million)
Marine Turbocharger Market was valued at USD 953.00 million in the year 2024. The size of this market is expected to increase to USD 1,540.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.1%.
Marine Turbocharger Market
*Market size in USD million
CAGR 7.1 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 7.1 % | 
| Market Size (2024) | USD 953.00 Million | 
| Market Size (2031) | USD 1,540.36 Million | 
| Market Concentration | Medium | 
| Report Pages | 384 | 
Major Players
- Kawasaki Heavy Industries, Ltd.
 - Napier Turbochargers Ltd.
 - BorgWarner Inc.
 - Yanmar Co., Ltd.
 - IHI Corporation
 - Honeywell International Inc.
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Marine Turbocharger Market
Fragmented - Highly competitive market without dominant players
The Marine Turbocharger Market is expanding as shipping operators focus on enhancing efficiency, fuel savings, and emission reduction. Turbochargers improve the power output of marine engines while maintaining lower fuel use, making them essential for modern fleets. Currently, nearly 59% of vessels are equipped with advanced turbocharging systems for reliable performance.
Advances in Technology
Technological innovation is reshaping the industry, with over 46% of newly installed turbochargers featuring smart sensors, advanced alloys, and variable geometry designs. These improvements increase efficiency, extend lifespan, and allow predictive maintenance. Digital integration is helping ship operators monitor and optimize engine performance in real time.
Regulatory Influence
Environmental compliance remains a key driver, with around 52% of operators upgrading turbochargers to meet global emission reduction standards. These systems play a critical role in controlling nitrogen oxide and sulfur emissions while supporting sustainable operations, making them indispensable for fleet modernization.
Growing Industry Demand
Commercial shipping leads adoption, contributing to about 55% of demand, followed by naval and offshore sectors. Turbochargers are crucial for maximizing power and efficiency in long-haul cargo vessels while also supporting defense ships and offshore platforms that operate under challenging conditions.
Future Prospects
The outlook for the Marine Turbocharger Market is highly promising, with nearly 38% of future developments centered on hybrid propulsion compatibility, eco-friendly solutions, and digital technologies. These advancements will redefine efficiency, sustainability, and reliability, ensuring continued growth in marine turbocharging solutions.
Marine Turbocharger Market Key Takeaways
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The Marine Turbocharger Market is expanding steadily, driven by rising demand for fuel-efficient propulsion systems, emission control, and enhanced engine performance in marine vessels across global trade and naval applications.
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Marine turbochargers are key components in diesel and gas engines that improve power output, combustion efficiency, and fuel economy by utilizing exhaust gas energy to compress intake air.
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Market growth is supported by the growing adoption of IMO emission regulations, fleet modernization, and increased use of low-sulfur and alternative marine fuels requiring optimized combustion systems.
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Technological advancements in variable geometry turbochargers (VGT), hybrid turbo systems, and digital condition monitoring are improving operational efficiency and maintenance predictability in marine engines.
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Challenges include high maintenance costs, complex retrofitting processes, and fluctuating marine fuel prices that affect ship operators’ investment decisions.
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Asia-Pacific dominates the marine turbocharger market due to strong shipbuilding activity in countries like China, South Korea, and Japan, while Europe and North America maintain steady demand driven by retrofit and efficiency improvement programs.
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Future opportunities lie in the integration of AI-driven performance analytics, waste heat recovery systems, and turbochargers compatible with LNG and hydrogen-fueled marine engines, supporting the global transition toward sustainable shipping.
 
Marine Turbocharger Market Recent Developments
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In August 2025, Wärtsilä and ABB formed a strategic partnership to integrate advanced engine technologies with marine turbochargers, enhancing fuel efficiency and reducing emissions in the Marine Turbocharger Market.
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In October 2025, a leading marine engine manufacturer launched a new line of variable geometry turbochargers (VGTs) for dual-fuel engines, offering improved performance and adaptability to support sustainable propulsion in the Marine Turbocharger Market.
 
Marine Turbocharger Market Segment Analysis
In this report, the Marine Turbocharger Market has been segmented by Mode of Operation, Technology, Component, Application, Sales Channel, and Geography.
Marine Turbocharger Market Segmentation by Mode of Operation
The Marine Turbocharger Market by mode of operation is classified into Radial and Axial turbochargers. Each mode offers specific performance advantages depending on vessel size, engine design, and operational efficiency requirements. The ongoing advancements in fuel efficiency and emission reduction are driving demand for improved turbocharger configurations across ship types.
RadialRadial turbochargers are commonly used in small to medium-sized marine engines due to their compact design and high operational flexibility. They deliver strong performance in terms of boost pressure and transient response, making them ideal for recreational and commercial applications requiring rapid acceleration and efficient energy conversion.
AxialAxial turbochargers are preferred for large marine engines and high-power vessels. They provide superior airflow capacity and pressure ratio stability at high loads, contributing to improved fuel efficiency. Ongoing research into advanced materials and aerodynamic designs enhances axial turbocharger longevity and reduces maintenance costs.
Marine Turbocharger Market Segmentation by Technology
The Technology segmentation includes Single Turbocharger, Twin Turbocharger, Variable Geometry Turbocharger (VGT), Electric Assisted Turbocharger, and Others. This segmentation highlights how technological evolution in turbocharging systems supports fuel economy optimization, power density improvement, and emissions compliance across the marine industry.
Single Turbocharger
Single Turbocharger systems dominate in small to medium vessels, offering a balance between performance, reliability, and cost-effectiveness. They are particularly suited for vessels with moderate load variations, ensuring consistent output with simplified engine integration.
Twin Turbocharger
Twin Turbocharger systems are utilized in high-performance marine engines to enhance air intake and combustion efficiency. This configuration delivers improved responsiveness, especially during variable load conditions, making it suitable for heavy-duty commercial applications.
Variable Geometry Turbocharger (VGT)
Variable Geometry Turbochargers (VGT) enable adaptive airflow control for optimized engine performance under different operating conditions. They are crucial in modern marine systems aiming for enhanced efficiency and lower NOx emissions. The integration of VGTs with electronic control systems continues to gain traction in next-generation propulsion systems.
Electric Assisted Turbocharger
Electric Assisted Turbochargers represent a key technological advancement that supports instant boost pressure and improved transient response. Their application in hybrid and energy-efficient vessels reflects the industry’s focus on electrification and sustainable propulsion technologies.
Others
The Others category encompasses alternative turbocharging technologies, including two-stage systems and waste heat recovery-integrated designs. These solutions are gaining importance in next-generation ships targeting carbon neutrality and compliance with IMO emission standards.
Marine Turbocharger Market Segmentation by Component
The Component segmentation includes Compressor, Turbine, Shaft, Electronic Control Unit (ECU), and Others. Each component contributes to the turbocharger’s overall performance, efficiency, and durability. Continuous R&D in lightweight materials, advanced coatings, and digital monitoring systems is reshaping the marine turbocharger landscape.
Compressor
Compressor components are responsible for increasing the pressure of the air supplied to the engine. The growing demand for high-pressure, low-lag compressors is driving innovation in aerodynamic design, enabling better combustion and reduced fuel consumption.
Turbine
Turbines play a vital role in converting exhaust gas energy into mechanical power for the compressor. Advances in high-temperature-resistant alloys and ceramic materials have improved turbine durability and performance, enhancing engine efficiency under continuous operation.
Shaft
Shafts connect the turbine and compressor, ensuring smooth energy transfer. Enhanced designs focusing on low friction and high rotational stability are key to improving operational efficiency and reducing mechanical losses.
Electronic Control Unit (ECU)
Electronic Control Units (ECUs) are increasingly used to manage real-time turbocharger performance and emission control. By optimizing air-fuel ratios and adjusting boost pressure dynamically, ECUs enhance reliability and support compliance with stringent marine emission standards.
Others
The Others segment includes auxiliary parts such as bearings, seals, and housings that are essential for reliable turbocharger performance. Demand for improved thermal management and corrosion-resistant materials continues to rise, especially in marine environments.
Marine Turbocharger Market Segmentation by Application
The Application segmentation divides the market into Commercial Ships, Recreational Boats, and Military Ships. This segmentation underscores the diverse use of turbochargers across varying operational intensities, vessel sizes, and performance requirements in the marine sector.
Commercial Ships
Commercial Ships account for the majority of turbocharger demand due to their high engine power requirements and long operational cycles. Efficiency gains and emission control are key drivers as shipping companies seek compliance with IMO Tier III regulations and strive to lower operational costs.
Recreational Boats
Recreational Boats increasingly incorporate turbochargers to enhance acceleration, performance, and fuel economy. Manufacturers are adopting compact, lightweight turbo systems to improve agility without compromising on environmental standards.
Military Ships
Military Ships utilize high-performance turbochargers designed for maximum reliability, durability, and stealth efficiency. Defense modernization programs are emphasizing advanced propulsion systems capable of supporting high-speed naval operations and endurance missions.
Marine Turbocharger Market Segmentation by Sales Channel
The Sales Channel segmentation comprises OEM and Aftermarket. Both channels play critical roles in supporting the lifecycle of marine turbocharger systems, from installation in new builds to ongoing maintenance and upgrades in operational fleets.
OEM
OEM (Original Equipment Manufacturer) channels dominate due to close integration with shipbuilders and engine manufacturers. The emphasis on energy efficiency, warranty-backed performance, and long-term reliability drives OEM partnerships with leading turbocharger suppliers.
Aftermarket
The Aftermarket segment benefits from fleet modernization, retrofitting, and periodic maintenance. Increasing availability of remanufactured components and predictive maintenance technologies enhances operational uptime and reduces lifecycle costs.
Marine Turbocharger Market Segmentation by Geography
In this report, the Marine Turbocharger Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America demonstrates steady adoption driven by fleet renewal initiatives and maritime decarbonization efforts. The U.S. and Canada are investing in energy-efficient propulsion systems and cleaner technologies to align with emission control regulations in coastal waters.
Europe
Europe is a leading region for marine technology innovation and regulatory compliance. Strong demand for retrofit turbochargers and hybrid-electric propulsion systems is supported by stringent EU maritime emission standards and green port initiatives.
Asia Pacific
Asia Pacific dominates global market share, driven by large-scale shipbuilding in China, Japan, and South Korea. The region’s focus on fuel-efficient vessel designs and export-oriented ship manufacturing continues to propel demand for advanced turbocharger systems.
Middle East & Africa
The Middle East & Africa region shows growth potential, supported by offshore exploration activities and regional trade expansion. Investments in marine logistics and naval defense infrastructure are further boosting demand for turbocharger-equipped vessels.
Latin America
Latin America is witnessing emerging opportunities due to port modernization and coastal shipping development. Countries like Brazil and Mexico are emphasizing fuel-efficient marine transport solutions to improve competitiveness and sustainability in regional trade.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Marine Turbocharger Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing stringency of environmental regulations
 - Growing demand for fuel-efficient propulsion systems
 - Expansion of the global maritime trade
 - Advancements in turbocharger technology
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Adoption of turbocharging in emerging markets- The adoption of turbocharging in emerging markets is driven by several key factors, primarily the need for fuel efficiency and stringent emission regulations. Many developing economies are witnessing a surge in vehicle demand, particularly in urban areas where fuel prices are a significant concern. Turbocharging allows smaller engines to deliver higher power outputs while consuming less fuel, making it an attractive solution for automakers and consumers alike. As governments in emerging markets implement stricter emission norms to curb pollution, turbocharged engines help manufacturers comply with regulations by improving combustion efficiency and reducing carbon emissions.
Another major driver is the growing automotive industry in these regions, with increased investments from global manufacturers and local players. Turbocharging technology enhances vehicle performance without requiring larger, more expensive engines, making it particularly beneficial for cost-sensitive markets. Additionally, advancements in turbocharger designs, such as variable geometry turbochargers (VGTs) and electric turbochargers, are making the technology more accessible and efficient. These innovations allow automakers to offer high-performance, fuel-efficient vehicles at competitive prices, further accelerating turbocharger adoption.
Rising consumer awareness and demand for better vehicle performance contribute to the growth of turbocharged engines in emerging markets. With increasing disposable income and a preference for modern, high-tech automobiles, buyers are looking for cars that offer both power and efficiency. Turbocharging meets these demands by improving acceleration and overall engine performance without significantly increasing fuel consumption. As infrastructure development continues and road networks improve, the need for more powerful yet fuel-efficient vehicles will further drive the widespread adoption of turbocharging technology in these regions.
 
Restraints:
- High initial investment costs
 - Challenges related to retrofitting older vessels with turbochargers
 - Technical complexities associated with turbocharger integration
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Potential for overboosting and engine damage- The potential for overboosting and engine damage is a significant restraint factor in turbocharged and supercharged engines. Overboosting occurs when the forced induction system delivers more air pressure than the engine is designed to handle, which can lead to excessive stress on internal components. This issue is particularly common in high-performance or modified engines where boost levels are increased beyond factory settings. While higher boost can enhance power output, it also raises cylinder pressure and combustion temperatures, increasing the risk of engine knocking, piston damage, and head gasket failure.
One of the main causes of overboosting is a malfunctioning or improperly tuned wastegate, which regulates the amount of boost pressure. If the wastegate fails to open correctly, excess pressure can build up in the intake system, pushing the engine beyond safe operating limits. Additionally, using an oversized turbocharger or making aggressive modifications without reinforcing the engine internals can accelerate wear and tear. Modern vehicles often come with built-in electronic control units (ECUs) that monitor and limit boost pressure, but tuning or bypassing these safeguards can lead to severe mechanical failures.
To mitigate the risks associated with overboosting and engine damage, manufacturers and tuners implement several protective measures. Reinforcing key engine components such as pistons, connecting rods, and cylinder heads can help withstand higher pressures. Furthermore, using high-octane fuel and advanced engine management systems can reduce the likelihood of detonation and overheating. Regular maintenance, proper tuning, and monitoring boost levels with a boost gauge or electronic monitoring system are essential in preventing catastrophic engine failure. Thus, while forced induction can significantly improve performance, managing boost levels carefully is crucial to maintaining engine longevity.
 
Opportunities:
- Development of hybrid and electric turbocharging solutions
 - Expansion of aftermarket services and maintenance contracts
 - Collaboration with engine manufacturers for integrated propulsion systems
 - Penetration into niche markets such as offshore wind support vessels
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Focus on research and development for emission reduction technologies- Focusing on research and development (R&D) for emission reduction technologies presents a significant opportunity for industries striving to meet global sustainability goals. With increasing regulatory pressure and growing consumer demand for eco-friendly solutions, companies investing in R&D can develop innovative methods to minimize carbon footprints. Advancements such as carbon capture, alternative fuels, and energy-efficient manufacturing processes not only help businesses comply with stringent environmental laws but also position them as leaders in green technology. These innovations can attract investors and stakeholders who prioritize sustainability, giving companies a competitive edge in the market.
R&D in emission reduction fosters collaboration between industries, governments, and research institutions. Partnerships with universities and technology firms can accelerate the development of breakthrough solutions, leading to cost-effective and scalable approaches for reducing greenhouse gas emissions. Governments worldwide are also offering incentives, such as grants and tax credits, to encourage businesses to invest in sustainable practices. By capitalizing on these incentives, companies can reduce operational costs while advancing their sustainability initiatives. Such efforts contribute to long-term environmental benefits, reinforcing a company’s commitment to corporate social responsibility.
Investing in emission reduction technologies enhances brand reputation and market positioning. Consumers and businesses are increasingly favoring environmentally responsible products and services, creating a lucrative market for sustainable innovations. Companies that lead in green technology can differentiate themselves from competitors, strengthen customer loyalty, and open doors to new business opportunities. Additionally, proactive investment in R&D can future-proof businesses against stricter environmental regulations, ensuring long-term viability and compliance. By continuously improving emission reduction strategies, companies can drive industry-wide progress toward a cleaner, more sustainable future.
 
Marine Turbocharger Market Competitive Landscape Analysis
Marine Turbocharger Market competition is intensifying as OEMs and aftermarket specialists refine strategies around hybridization, emissions compliance, and lifecycle value. Incumbents defend near 65% installed presence, while niche entrants scale through digital service models. Heightened collaboration, selective merger signals, and shipyard–engine partnerships are catalyzing innovation-led growth across commercial fleets, offshore assets, and defense refits.
Market Structure and ConcentrationConcentration remains balanced, with top platforms representing roughly 55% of active deployments, while modular suppliers expand in retrofit corridors above 60%. Portfolio hedging across axial and radial architectures supports reliability. Vendor strategies prioritize uptime guarantees and predictive maintenance, enabling disciplined expansion and durable growth as standardized service frameworks achieve compliance rates exceeding 70% across priority routes.
Brand and Channel StrategiesBrands elevate service-led models, bundling spares, analytics, and fuel consulting through distributor partnerships, lifting indirect contributions near 58%. Co-selling with engine makers sharpens warranty alignment and retrofit timing. Value narratives stress fuel savings, methane-slip control, and verified durability. Portfolio strategies tier packages by duty cycles, supporting phased expansion and measurable growth across cargo, tanker, and ferry segments.
Innovation Drivers and Technological AdvancementsCore technological advancements include variable-geometry stages, advanced coatings, and AI calibration reducing surge events by ~45%. Waste-heat recovery and electrified assist modules elevate efficiency past 20%–30% targets in trials. Open interfaces fuel innovation with engine controls, while structured R&D collaboration and classification-body partnerships compress certification cycles and reinforce platform-led product strategies.
Regional Momentum and ExpansionRetrofit demand in Europe and North America accounts for about 50% of upgrades, while Asia–Pacific contributes near 35% via fleet renewals and coastal trade. Localized hubs and shipyard partnerships lift turnaround reliability above 70%. Regional strategies balance sulfur and carbon rules with fuel availability, enabling scalable expansion and resilient growth across liner, bulk, and offshore corridors.
Future OutlookThe sector’s future outlook points to ammonia- and methanol-ready designs, digital twins, and autonomous health agents delivering sustained gains near 25%. Procurement will favor interoperable stacks, verifiable emissions reporting, and performance SLAs. Expect deeper collaboration, targeted merger integrations, and outcome-based partnerships. Providers aligning roadmap strategies with alternative-fuel pathways will capture compounding growth.
Key players in Marine Turbocharger Market include:
- MAN Energy Solutions SE
 - ABB Ltd. (Turbocharging/Accelleron)
 - Mitsubishi Heavy Industries Ltd.
 - Cummins Inc.
 - Rolls-Royce plc (MTU Friedrichshafen)
 - Wabtec Corporation
 - BorgWarner Inc.
 - IHI Corporation
 - KBB Turbo (Germany)
 - PBS Turbo s.r.o.
 - Kompressorenbau Bannewitz GmbH
 - Napier Turbochargers Ltd.
 - Liaoning RongLi Turbocharger Co., Ltd.
 - Kawasaki Heavy Industries Ltd.
 - La Meccanica Turbo Diesel
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - Company Overview and Product Portfolio
 - Key Developments
 - Financial Overview
 - Strategies
 - Company SWOT Analysis
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Mode Of Operation
 - Market Snapshot, By Technology
 - Market Snapshot, By Component
 - Market Snapshot, By Application
 - Market Snapshot, By Sales Channel
 - Market Snapshot, By Region
 
 - Marine Turbocharger Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
- Increasing stringency of environmental regulations
 - Growing demand for fuel-efficient propulsion systems
 - Expansion of the global maritime trade
 - Advancements in turbocharger technology
 - Adoption of turbocharging in emerging markets
 
 - Restraints 
- High initial investment costs
 - Challenges related to retrofitting older vessels with turbochargers
 - Technical complexities associated with turbocharger integration
 - Potential for overboosting and engine damage
 
 - Opportunities 
- Development of hybrid and electric turbocharging solutions
 - Expansion of aftermarket services and maintenance contracts
 - Collaboration with engine manufacturers for integrated propulsion systems
 - Penetration into niche markets such as offshore wind support vessels
 - Focus on research and development for emission reduction technologies
 
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Marine Turbocharger Market, By Mode Of Operation, 2021 - 2031 (USD Million) 
- Radial
 - Axial
 
 - Marine Turbocharger Market, By Technology, 2021 - 2031 (USD Million) 
- Single Turbocharger
 - Twin Turbocharger
 - Variable Geometry Turbocharger (VGT)
 - Electric Assisted Turbocharger
 - Others
 
 - Marine Turbocharger Market, By Component, 2021 - 2031 (USD Million) 
- Compressor
 - Turbine
 - Shaft
 - Electronic Control Unit (ECU)
 - Others
 
 - Marine Turbocharger Market, By Application, 2021 - 2031 (USD Million) 
- Commercial Ships
 - Recreational Boats
 - Military Ships
 
 - Marine Turbocharger Market, By Sales Channel, 2021 - 2031 (USD Million) 
- OEM
 - Aftermarket
 
 - Marine Turbocharger Market, By Vessel Type;, 2021 - 2031 (USD Million) 
- Navy
 - Recreational/Private
 - Commercial
 
 - Marine Turbocharger Market, By Geography, 2021 - 2031 (USD Million) 
- North America 
- United States
 - Canada
 
 - Europe 
- Germany
 - United Kingdom
 - France
 - Italy
 - Spain
 - Nordic
 - Benelux
 - Rest of Europe
 
 - Asia Pacific 
- Japan
 - China
 - India
 - Australia/New Zealand
 - South Korea
 - ASEAN (Association of South East Asian Countries)
 - Rest of Asia Pacific
 
 - Latin America 
- Brazil
 - Mexico
 - Argentina
 - Rest of Latin America
 
 - Middle East & Africa 
- GCC
 - Israel
 - South Africa
 - Rest of Middle East & Africa
 
 
 - North America 
 
 - Marine Turbocharger Market, By Mode Of Operation, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- MAN Energy Solutions SE
 - ABB Ltd. (Turbocharging/Accelleron)
 - Mitsubishi Heavy Industries Ltd.
 - Cummins Inc.
 - Rolls-Royce plc (MTU Friedrichshafen)
 - Wabtec Corporation
 - BorgWarner Inc.
 - IHI Corporation
 - KBB Turbo (Germany)
 - PBS Turbo s.r.o.
 - Kompressorenbau Bannewitz GmbH
 - Napier Turbochargers Ltd.
 - Liaoning RongLi Turbocharger Co., Ltd.
 - Kawasaki Heavy Industries Ltd.
 - La Meccanica Turbo Diesel
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

