Latin America Aircraft Turbochargers Market Size & Outlook
The aircraft turbochargers market in Latin America is expected to reach a projected revenue of US$ 26.1 million by 2030. A compound annual growth rate of 5.3% is expected of Latin America aircraft turbochargers market from 2024 to 2030.
Revenue, 2023 (US$M)
$18.3
Forecast, 2030 (US$M)
$26.1
CAGR, 2024 - 2030
5.3%
Report Coverage
Latin America
Latin America aircraft turbochargers market highlights
- The Latin America aircraft turbochargers market generated a revenue of USD 18.3 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, commercial aircraft was the largest revenue generating platform in 2023.
- Commercial Aircraft is the most lucrative platform segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 18.3 million |
| Market revenue in 2030 | USD 26.1 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Commercial aircraft |
| Fastest growing segment | Commercial Aircraft |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Commercial Aircraft |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global aircraft turbochargers market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 166.4 million by 2030.
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Aircraft Turbochargers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| PBS GROUP | View profile | 501-1000 | Prague, Hlavni mesto Praha, Czech Republic, Europe | https://www.pbs.cz |
| Garrett Motion | View profile | 5001-10000 | Rolle, Geneve, Switzerland, Europe | http://www.garrettmotion.com |
| BorgWarner Inc | View profile | 39900 | 3850 Hamlin Road, Auburn Hills, MI, United States, 48326 | https://www.borgwarner.com |
| IHI Corp | View profile | 28486 | 1-1, Toyosu 3-chome, Koto-ku, Tokyo, Japan, 135-8710 | http://www.ihi.co.jp |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Kawasaki Heavy Industries Ltd | View profile | 38254 | Kobe Crystal Tower, 1-3, Higashikawasaki-cho 1-chome, Chuo-ku, Kobe, Japan, 650-8680 | http://www.khi.co.jp |
| Mitsubishi Heavy Industries Ltd | View profile | 86331 | 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 | https://www.mhi.com |
| Portland General Electric Co | View profile | 2842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | https://www.portlandgeneral.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
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