Compressor Wheel Market Report 2026

The compressor wheel market size has grown steadily in recent years. It will grow from $16.53 billion in 2025 to $17.24 billion in 2026 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to engine downsizing trends, growth of turbocharged engines, motorsports influence, demand for higher power output, adoption in diesel engines.

The compressor wheel market size is expected to see steady growth in the next few years. It will grow to $20.42 billion in 2030 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to electrification transition with turbo hybrids, stricter emission norms, demand for fuel-efficient engines, performance tuning popularity, advanced manufacturing techniques. Major trends in the forecast period include adoption of lightweight compressor wheels, rising demand for high-performance turbochargers, growth of aftermarket upgrades, use of advanced materials, focus on improved airflow efficiency.

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.

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 include 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 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compressor wheel market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the compressor wheel market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, 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.

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