Market overview: Market of turbochargers for trains
The efficiency of the internal combustion engine is increased by the train’s turbocharger, which pushes additional compressed air into the combustion chamber to produce high power. The automotive turbocharger industry is said to be primarily driven by the ability of turbochargers to allow engines to produce high power while emitting lower amounts of emissions.
The rail turbocharger market is primarily driven by stricter emission standards across the globe. The rail turbocharger market is expanding at an exponential rate as a result of the increasing importance of emission standards. In addition, since the rail turbocharger requires less maintenance, the market is growing faster.
Demand for rail turbochargers has increased dramatically as a result of the recognition of the importance of reducing emissions from locomotive engines. There are several research and development efforts in the market, even if rail turbochargers are still in their early stages of development.
The rail turbocharger market is expanding in terms of revenue and sales as manufacturers incorporate new technologies and increase the reliability of these devices.
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Distribution
Based on engine type
- Two-stroke engine
- Four-stroke engine
Based on the output range
- Less than 1,250 kW
- 1,250 kW
- 4,400 kilowatts
- More than 4,400 kW
Based on the sales channel
- OEM (Original Equipment Manufacturer)
- Aftermarket
Based on a turbocharger configuration
- only
- twin
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Dynamics
The rail turbocharger market is primarily driven by stringent emission norms across the globe. The main advantage of the turbocharger is that it uses exhaust gas as a motive power and gives more power with less fuel costs. On the other hand, a train turbocharger needs a lower maintenance cost.
These broad advantages of the rail turbocharger increase the market demand exponentially. This significant factor is expected to drive the global railway turbocharger market in the near future.
However, the rail turbocharger has some disadvantages, there are some turbochargers that heat up and require more engine oil supply and in turn will restrain the growth of the global turbocharger market in the near future.
Prominent manufacturers involved in the rail turbocharger market are continuously focusing on product differentiation, operational excellence to improve their market position and optimization of the manufacturing footprint.
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Regional Outlook
The global rail turbocharger market is expected to account for high growth in North America and is expected to continue its dominance throughout the forecast period. Europe is expected to follow North America responsible for the rapidly increasing positive impact on the growth of the rail turbocharger market, which is expected to follow the same trend in the forecast year.
The Asia-Pacific region of the rail turbocharger market is expected to follow Europe during the forecast period. Latin America and the Middle East and Africa make up a relatively small share of the market. However, the demand for train turbochargers is expected to grow at a significant rate in the near future.
Market participants
Some of the key players involved in the global railway turbochargers market include ABB Group, Honeywell International Inc., Cummins Inc., Maco Corporation Pvt Ltd., Napier Turbochargers Ltd., Weifang Hanlong Mechanical Co., Ltd., Refone Auto Power Co. , Ltd., Honeywell International Inc., Mitsubishi Heavy Industries Ltd., and others.
Globally, the rail turbocharger market is highly consolidated in nature due to the presence of a small number of players in the global market which provides key advantages to the manufacturer such as operational efficiency and economies of scale.
Regional analysis
- North America (USA, Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, Italy, France, Great Britain, Spain, Russia)
- South Asia (India, ASEAN)
- East Asia (China, Japan, South Korea)
- Oceania (Australia and New Zealand)
- Middle East and Africa (GCC countries, South Africa, North Africa)
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