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Amidst the expanding sea-borne trade and a subsequent rise in the demand for sea vessels, it would be imperative to note that the global marine turbocharger market is poised to witness tremendous growth over the upcoming years
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Marine Turbocharger Market: North America Region is Expected to Hold largest Industry Share By 2026
Industry Insights: • Amidst the expanding sea-borne trade and a subsequent rise in the demand for sea vessels, it would be imperative to note that the global marine turbocharger market is poised to witness tremendous growth over the upcoming years • marine turbocharger market size is projected to register USD 787.9 million by 2026. Considering the thriving market space, several shipping companies are looking forward to enhancing the ability of cargo transport as well as the size of the ships in order to increase seaborne trade which is likely to open new growth avenues for the industry.
With regards to operation, axial segment is likely to show considerable growth over the foreseeable future owing to the vital role of axial flow in the overall system. It compresses the air into a very small space with the help of axial compressor fans or impeller. With the growing demand for sea vessels driven by the expanding cargo trade, axial flow turbochargers are experiencing a heightened demand which has urged the manufacturers to develop new products for effectively meeting the consumer demand. • Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4399 • For instance, in 2019, Mitsubishi Heavy Industries Group launched MET-MBII series, its axial flow turbocharger range for two-stroke engines. According to the company, this new offering provides a 16% increase in the rate of air flow while retaining the body size, footprints and piping connection along with the turbocharger efficiency of its conventional model, MET-MB.
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/marine-turbocharger-market Chapter 5 Marine Turbocharger Market, By Technology 5.1 Global marine turbocharger market share by technology, 2019 & 2026 5.2 Single Turbo 5.2.1 Market estimates and forecast, 2016 - 2026 5.2.2 Market estimates and forecast, by region, 2016 - 2026 5.3 Twin Turbo
5.3.1 Market estimates and forecast, 2016 - 2026 5.3.2 Market estimates and forecast, by region, 2016 – 2026 5.4 Electro-assist Turbo 5.4.1 Market estimates and forecast, 2016 - 2026 5.4.2 Market estimates and forecast, by region, 2016 – 2026 5.5 Variable Geometry Turbo 5.5.1 Market estimates and forecast, 2016 - 2026 5.5.2 Market estimates and forecast, by region, 2016 - 2026
Region: • Elaborating further, recreational boats segment across marine turbocharger market is anticipated to observe a notable growth during the coming years. The growth can be credited to increasing demand for recreational boats integrated with advanced propulsion technology. This is majorly due to the rising popularity of recreational sports activities coupled with increased disposable income.
Key Players • Hedemora Turbo & Diesel AB • Rotomaster International • Kawasaki Heavy IndustriesLtd. • Shanghai Daewin Marine Parts • Istanbul MarineTurbine Service • and La Meccanica Turbo Diese
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