Compressor Wheel Global Market Report 2025

A compressor wheel, also known as a compressor impeller, plays a vital role in turbocharger or supercharger systems. Its primary function is to increase the air pressure and density supplied to the engine, thereby improving combustion efficiency and increasing power output. Compressor wheels are often upgraded for performance reasons, aiming to enhance spool-up, airflow, and overall turbocharger efficiency.

The main product types of compressor wheels include titanium compressor wheels, aluminum compressor wheels, stainless steel compressor wheels, and twin-blade compressor wheels. A titanium compressor wheel is a crucial component of turbocharger or supercharger systems utilized in internal combustion engines, aerospace applications, and high-performance racing vehicles. These wheels find applications in various engine types, such as automotive and stationary engines, and are sold through various sales channels, including OEM (original equipment manufacturer) and the aftermarket.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp rise in U.S. tariffs and ensuing trade tensions in spring 2025 are placing significant strain on the transport sector, especially in areas such as fleet maintenance and logistics. Increased duties on imported commercial vehicles, tires, and engine parts have driven up operating costs for trucking and freight firms, forcing them to either raise shipping rates or accept lower profit margins. Airlines and maritime operators are also under pressure, as tariffs on aircraft components and shipbuilding materials have pushed capital expenditures higher. Meanwhile, retaliatory tariffs in key export markets have weakened demand for U.S.-manufactured transportation equipment, further squeezing revenues. To cope, the industry is turning to fuel efficiency measures, alternative supply sources, and greater automation to manage rising costs while maintaining dependable service.

The compressor wheel market research report is one of a series of new reports from The Business Research Company that provides compressor wheel market statistics, including compressor wheel industry global market size, regional shares, competitors with a compressor wheel market share, detailed compressor wheel market segments, market trends, and opportunities, and any further data you may need to thrive in the compressor wheel industry. This compressor wheel market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The compressor wheel market size has grown steadily in recent years. It will grow from $15.85 billion in 2024 to $16.53 billion in 2025 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to automotive industry demand, emissions standards, aerospace industry influence, material science advancements, fuel efficiency requirements.

The compressor wheel market size is expected to see steady growth in the next few years. It will grow to $19.56 billion in 2029 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to electric and hybrid vehicles, fuel efficiency standards, aerospace and defense investments, global economic trends, renewable energy applications. Major trends in the forecast period include adoption of advanced manufacturing techniques, development of variable geometry turbochargers, integration of computational fluid dynamics (cfd), adoption of advanced manufacturing techniques, development of variable geometry turbochargers, integration of computational fluid dynamics (cfd), development of eco-friendly and sustainable practices.

The forecast of 4.3% growth over the next five years reflects a modest reduction of 0.4% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on high-performance aluminum and titanium forged wheels imported from China and India, increasing costs for turbocharger systems in performance and commercial engines.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The increasing demand within the automotive industry is anticipated to drive the growth of the compressor wheels market in the future. The automotive industry encompasses the entire sector involved in the design, development, manufacturing, marketing, and sales of motor vehicles. Compressor wheels are essential components in this industry, as they enhance the efficiency and performance of turbochargers, resulting in greater power and improved fuel economy for vehicles. For example, in 2023, the Organisation Internationale des Constructeurs d'Automobiles (OICA), an international association of automobile manufacturers based in France, reported significant growth in the global automotive industry, with total vehicle production reaching 93,546,599 units-an increase from 85,016,728 units produced in 2022. Thus, the rising demand for automotive products is propelling the growth of the compressor wheels market.

The rapid expansion of manufacturing industries is set to propel the compressor wheels market's growth in the coming years. Manufacturing industries involve the large-scale production of goods through the conversion of raw materials into finished products. Compressor wheels find applications in various manufacturing processes, such as air compression systems, enhancing efficiency in areas such as pneumatic tools, HVAC, and gas compression. As reported by the Office for National Statistics in July 2023, the overall sales value for UK manufacturers reached $545.85 million (£429.8 billion) in 2022, reflecting a 7% increase from $509.91 billion (£401.5 billion) in 2021. Hence, the swift expansion of manufacturing industries is driving the growth of the compressor wheels market.

Major companies in the compressor wheel market are prioritizing the development of innovative compressor wheel variants to deliver reliable performance and enhanced services to their customers. One notable advancement is the introduction of compressor wheels featuring an S-shaped hub design, which is an innovative engineering solution aimed at improving the performance and efficiency of compressors. For example, in March 2024, Cummins Inc., a US-based corporation specializing in the design, manufacture, and distribution of engines, filtration systems, and power generation products, launched its first e-compressor for fuel cell engines. This e-compressor incorporates a low-inertia rotor that allows for quick start-up and improved acceleration. It also features a full blade impeller designed to reduce noise, ensuring smoother operation. The aerodynamic design of the e-compressor enhances both energy efficiency and fuel economy, while the low-thrust loading wheel guarantees reliable and smooth rotation. Additionally, the robust containment design of the compressor provides improved safety, offering larger margins from containment testing.

In October 2023, Cloyes Gear & Products, Inc., a US-based company renowned for producing high-quality timing systems and gear components for the automotive industry, acquired Rotomaster for an undisclosed amount. This acquisition is part of Cloyes' strategy to enhance its product lineup in the turbocharger market, thereby significantly improving its competitive edge in the compressor wheel sector. Cloyes is recognized as a global leader in designing mission-critical timing drive systems and components specifically for the automotive aftermarket. Meanwhile, Rotomaster, a Canada-based company, specializes in turbocharger technologies that complement Cloyes' existing offerings, with a strong focus on manufacturing and repairing turbochargers, including advanced designs for compressor wheels. This acquisition positions Cloyes to leverage Rotomaster's expertise in turbocharger technologies, allowing for a more comprehensive product offering in the automotive market.

Major companies operating in the compressor wheel market report are Honeywell International Inc., BorgWarner Inc., Atlas Copco AB, Wabtec Corporation, UACJ Corporation, Ingersoll Rand PLC, Garrett Motion Inc., Doncasters Group Ltd., Booster Precision Components, ATP Turbo, Melett North America Inc., Phessio Turbo, Rotomaster, Full-Race Motorsports, GReddy Performance Products Inc., Turbonetics Inc., ABI Showatech Private Ltd., Turbo tech Precision Products Ltd., E&E Turbo, Owen Developments, Turbo Systems, Forced Performance Turbochargers, Blouch Performance Turbochargers, Nelcon Motor Company, Pacifica Power Sdn Bhd., Changzhou E and E Turbo Power Co. Ltd., Jiangyin Uni-Pol Vacuum Casting India Pvt. Ltd.

North America was the largest region in the compressor wheel market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compressor wheel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the compressor wheel market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The compressor wheel market consists of sales of cast compressor wheels, forged compressor wheels, and billet compressor wheels. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Compressor Wheel Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on compressor wheel market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for compressor wheel ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The compressor wheel market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

• Markets Covered:1) By Product Type: Titanium Compressor Wheel; Aluminum Compressor Wheel; Stainless Steel Compressor Wheel; Twin Blade Compressor Wheel
• 2) By Application: Automotive Engine; Stationary Engine
• 3) By Sales Type: OEM (Original Equipment Manufacturer); Aftermarket
• Subsegments:
• 1) By Titanium Compressor Wheel: Single-Stage Titanium Compressor Wheel; Multi-Stage Titanium Compressor Wheel
• 2) By Aluminum Compressor Wheel: Cast Aluminum Compressor Wheel; Forged Aluminum Compressor Wheel
• 3) By Stainless Steel Compressor Wheel: Single-Stage Stainless Steel Compressor Wheel; Multi-Stage Stainless Steel Compressor Wheel
• 4) By Twin Blade Compressor Wheel: Billet Twin Blade Compressor Wheel; Cast Twin Blade Compressor Wheel
• Companies Mentioned: Honeywell International Inc.; BorgWarner Inc.; Atlas Copco AB; Wabtec Corporation; UACJ Corporation; Ingersoll Rand plc; Garrett Motion Inc.; Doncasters Group Ltd.; Booster Precision Components; ATP Turbo; Melett North America Inc.; Phessio Turbo; Rotomaster; Full-Race Motorsports; GReddy Performance Products Inc.; Turbonetics Inc.; ABI Showatech Private Ltd.; Turbo tech Precision Products Ltd.; E&E Turbo; Owen Developments; Turbo Systems; Forced Performance Turbochargers; Blouch Performance Turbochargers; Nelcon Motor Company; Pacifica Power Sdn Bhd.; Changzhou E and E Turbo Power Co. Ltd.; Jiangyin Uni-Pol Vacuum Casting India Pvt. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: PDF, Word and Excel Data Dashboard.