Rapidly growing companies in China and other emerging markets are seizing market share and outperforming competitors in industries from technology to aviation, according to a report from Boston Consulting Group.

The report, released Monday, identifies 100 companies that the consultancy says could form the next generation of corporate powerhouses based on their growth potential and their business strategies. These companies -- which the management-consulting firm terms the global challengers -- include 28 from China, including Alibaba Group Holding Ltd., state-owned conglomerate Citic Group, entertainment and property giant Dalian Wanda Group Co., Xiaomi Corp. and China Eastern Airlines Corp.

“We believe these companies represent the next wave of economic growth,” said Dinesh Khanna, a senior partner at Boston Consulting Group. “Chinese companies are the largest block on this list, so by the sheer size of the position, they will have more impact than anyone else.”

Other companies from Asia that made Boston Consulting Group’s list include Indonesian palm-oil company Golden Agri-Resources, Thailand’s Charoen Pokphand Foods and Thai Beverage PCL, and real estate-and financial-services conglomerate Ayala Corp. of the Philippines.

The management-consulting firm said its research shows that the up-and-comers are adept at navigating volatile markets and uncertain economies and, overall, they’ve quadrupled their overseas revenue from 2005 to 2014 to $944 billion. Revenue and profit margins for the 100 companies studied have largely held steady during economic volatility in their countries, outperforming their competitors, the report said.