The market size of turbocharger directly depends on the output of internal combustion

engine and the allocation rate of turbocharger in internal combustion engine. According

to the different application fields of internal combustion engine, the downstream market

of internal combustion engine can be divided into automobile engineering machinery,

agricultural machinery, ships and generators. At present, the automotive market is the

main application market of internal combustion engine and the main downstream market

of turbocharger due to its largest production and sales scale. Take the Chinese market as

an example. In 2021, the proportion of internal combustion engines for automobiles in

China was 81.56% of the whole internal combustion engine market.

Automotive internal combustion engine is the main application field of turbocharger,

but the allocation rate is still low with the rapid development of the automobile industry.

In recent years, the major automobile producing and consuming countries and regions

have formulated more and more strict policies on automobile energy saving and

emission eduction.

At present, the global turbocharger market has formed the market pattern of oligarchic

competition, the annual output of the top five turbocharger manufacturers, Honeywell,

Bosch And Mitsubishi Heavy Industries Ishikawa Shima Mill, occupy more than 90% of

the global market share, competitive advantage is obvious Among them, Honeywell

turbocharger shipments occupy about 28% of the global market share, for the world's

largest turbocharger manufacturers to the five giants represented by the international

turbocharger manufacturers to reduce procurement costs, generally adopt global

procurement And purchase orders are mainly for qualified suppliers that have passed

its certification. Therefore, the scale development of downstream turbocharger

manufacturers will strongly promote the scale development of upstream turbocharger

parts enterprises.

Under the background of global economic integration, in order to reduce the

production cost, international turbocharger manufacturers adopt global production

strategy, in Europe, Asia Pacific and other regions to set up production base in

North America Compared with the international giants, China's national turbocharger

production enterprises in such aspects as the strength capacity scale management

level there is obvious difference part of the national leading enterprises such as

ningbo abundance Hunan day wild goose Weifang fuyuan Kang Yue technology

Ningbo WeiFu with price advantage in mid-range automotive turbochargers and non

vehicle turbocharger market compete with international giants, but the still cannot

break the international giant monopoly on the high-end market of the turbocharger

in the future, international turbocharger manufacturers in the domestic market will

continue to dominate.