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Marine Turbocharger Market Growth Sales Revenue Analysis 2027
Marine Turbocharger: Introduction
- Turbocharger is a device that pumps more air into an engine cylinder, making higher amount of fuel flow into the engine cylinder, and thereby increasing the engine power. It consists of a turbine, an air compressor, a shaft, and other components. Using turbocharger has allowed automakers and engine manufacturers to increase the power of an IC engine without the need to increase the cylinder capacity.
- Exhaust gases of the same engine are used to rotate the turbine of a turbocharger by which air is sucked into the turbocharger. This air is then compressed and released into the engine cylinder. This excess air causes more fuel to flow into the engine cylinder. This excess fuel improves the power of the engine, thus increasing power to weight ratio of the engine.
Key Drivers of Global Marine Turbocharger Market
- Organizations, such as European Environmental Agency, United Nations Economic Commission for Europe, and World Health Organization (WHO) have released various reports and analysis pertaining to the deteriorating air quality and its effects on the environment. As per the new data published by WHO on May 2, 2018, 9 out of 10 people worldwide breathe polluted air, causing death of over 7 million people every year.
- In order to control air pollution and address climate change, regulatory framework of government authorities, such as the U.S. Environmental Protection Agency, Environmental Protection UK, and China Air Pollution Control Law in China, Environment Protection Act in India, and the Air Pollution Control Act in Japan, is being adopted worldwide
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- The turbocharger technology is utilized in marine engine in order to increase engine power. Ships have multiple engines for safety and increasing power. Exhaust of these multiple engines are connected to a single turbocharger turbine driven by exhaust gases. Turbochargers are designed to increase the power output of engines by increasing the amount of fuel in engine cylinders. This has enabled engine manufacturers to decrease the size of engines and obtain the required power output by installing turbochargers.
- Increase in consumption of precious metals and minerals, owing to rise in production of electronics, household utensils, and automobiles, have depleted the current mining industry. This has led to increase in search for mining resources in seas. This has led to the increased use of energy-efficient engines and turbochargers.
- Marine tourism is growing in the Americas, Europe, and Asia Pacific. This has led to an increase in sale of private and luxury boats, such as yachts, catamarans, houseboats, etc. This is fueling the demand for turbocharger-enabled boasts that offer high power delivery.