Press release
Compressor Wheels Market Research Report 2023 - Valuates Reports
Compressor wheelis an important component in the working of turbocharger. The efficiency of the turbocharger is decided on the basis of the performance of the compressor wheel. Design of the compressor wheel is one of the most important factors for its better performance. In internal combustion engine, compressor wheel is used to increase the volume of air pressure continuously.The global Compressor Wheels market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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North American market for Compressor Wheels is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Compressor Wheels is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Compressor Wheels include ABI Showatech(India)Private Limited, Nelcon Motor Company, Jiangyin Uni-Pol Vacuum Casting India Pvt. Ltd, E & E Turbo, Turbotech Precision Products Ltd, UACJ Corporation, Doncasters Group Ltd, Melett Ltd and Wabtec Corporation, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Compressor Wheels, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Compressor Wheels.
The Compressor Wheels market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Compressor Wheels market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Compressor Wheels manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
by Diameter Type
20 mm - 40 mm
40 mm - 60 mm
More than 60 mm
by Product Type
Aluminum Compressor Wheel
Titanium Compressor Wheel
Stainless Steel Compressor Wheel
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