The engine, turbocharger, or turbocharger for short, is a device that utilizes the exhaust gases discharged from the engine to drive the turbine to rotate, which in turn drives the impeller of the compressor on the coaxial to rotate at high speed, to increase the intake pressure and improve the air density and intake volume. Under the same working conditions, the engine can obtain higher power output and better fuel economy.
Engine industry characteristics
- Technology-intensive industry: the turbocharger industry is a technology-intensive industry, and its product design, manufacturing, and testing require a high level of technology and expertise.
- Closely related to the automobile industry: turbocharger is an important accessory of automobile engines, and its market demand is closely related to the overall development trend.
- Driven by environmental protection policy: with the global emphasis on environmental protection and the improvement of automobile emission standards, turbochargers as an important technical means to improve engine efficiency and reduce emissions, and its market demand continues to increase.
- Fierce market competition: many domestic and foreign enterprises have entered the turbocharger market, the market competition is fierce, and enterprises need to enhance competitiveness through technological innovation, product upgrading, and cost control.
Turbine Main Category
Depending on their use and construction, turbochargers can be categorized into the following types:
- Gasoline engine turbocharger: mainly used in gasoline engines, by increasing the intake pressure to increase the power output of the engine.
- Diesel engine turbocharger: mainly used in diesel engines, also by increasing the intake pressure to increase engine power output and improve fuel economy.
- Variable cross-section turbocharger (VGT): capable of automatically adjusting the cross-section area of the turbine according to changes in engine speed and load to optimize engine performance.
Market status
Industry Status
In recent years, with the rapid development of China’s automobile industry and the improvement of consumers’ requirements for automobile performance, the turbocharger market has shown a rapid growth trend. Domestic turbocharger enterprises continue to increase investment in technology research and development, improve product quality and performance, and gradually form the ability to compete with international brands. At the same time, the rise of new energy vehicles, turbochargers in hybrid vehicles programmable electric vehicles, and other areas of application is also gradually increasing, bringing new growth points for the market.
However, compared with the international advanced level, China’s turbocharger industry in the technical level, product quality, and brand influence, there are still gaps. In addition, the domestic turbocharger market competition pattern is also more intense, enterprises need to continue to innovate and improve competitiveness to adapt to market changes.
Market Size and Trends
According to market research organizations, China’s engine turbocharger market has continued to expand in recent years.
It is expected that in the next few years, with the increase in automobile sales and the improvement of consumers’ requirements on automobile performance, the configuration rate of turbocharger will increase and the market scale will expand. At the same time, with the rapid development of new energy vehicles and the promotion of environmental protection policies, turbochargers in hybrid vehicles, programmable electric vehicles, and other fields of application are also gradually increasing, bringing new growth points for the market.
In the future, with the continuous development of China’s automobile industry and consumers’ increasing requirements for automobile performance, the turbocharger market will continue to maintain a rapid growth trend. At the same time, with the continuous strengthening of environmental protection policies and the popularization of new energy vehicles, the turbocharger in the field of energy saving and emission reduction and new energy vehicles will also gradually increase application.
Status of imports and exports
In terms of import and export, China’s engine turbocharger market shows a certain trade deficit. Although domestic turbocharger enterprises have made great improvements in technical level and product quality, there is still a gap between them and international brands in the field of high-end products. Therefore, some high-end turbochargers still need to be imported from abroad. At the same time, with the enhancement of the competitiveness of domestic enterprises and the improvement of product quality, the export volume of China’s turbochargers is also gradually increasing.
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