Analysis of Turbocharger Parts Industry Overview

11-02-2022

Analysis of Turbocharger Parts Industry Overview

 

Rapid growth in product demand and huge market space.

 

There are many types of turbochargers, but different types of turbochargers are basically composed of the same type of components, among which the compressor casing, the turbine casing and the turbocharger are in a 1:1 matching relationship. Therefore, the market capacity of turbocharger parts and the market capacity of the whole turbocharger has a proportional change relationship. The demand for turbocharger accessories will grow with the growth of the sales volume of the turbocharger, and the market space is huge.

 

The trend of global procurement has taken shape.

 

Global procurement refers to the use of global resources to find suppliers around the world. With the intensification of market competition, leading international turbocharger companies have reformed the supplier system, reduced the self-made rate of parts and components, and implemented global production and procurement strategies to optimize the industrial chain and control production costs. Major turbocharger manufacturers are looking for suppliers with good quality and reasonable price around the world, and include specialized parts manufacturers in various countries into their long-term cooperative global supply chain management system to uniformly supply their globally distributed production base. In the above-mentioned global configuration process of international turbocharger manufacturers, turbocharger parts suppliers in emerging countries such as China and India benefit from the advantages of production cost and geographical advantages in important downstream markets, attracting a large amount of overseas demand.


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