Global Automotive Supercharger Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
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“Global Automotive Supercharger Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global automotive supercharger market report has been segmented on the basis of component, technology, fuel type, vehicle type, and region.
Global Automotive Supercharger Market: Overview
Automotive supercharger is also known as forced induction system, is a method where air compressor is used to increase the pressure and density supplied to internal combustion engine (ICE).
Global Automotive Supercharger Market: Dynamics
Rising concerns regarding environmental degradation and fuel economy, governments has set stringent rules and regulations regarding the frequent replacements of engines and their efficiency. This is estimated to emerge out as a major factor influencing the market growth towards growth. In addition, growing automobile sales along with focus on increasing vehicle performance in the developed as well as developing countries are some factors expected to support growth of automotive supercharger market.
Furthermore, development of turbo superchargers and electric superchargers is estimated to provide lucrative opportunities for the market players operate in the target market. In 2015, UK-based Aeristech Ltd has introduced 48V electric supercharger capable of continuous operation at high boost levels. Recently in 2017, Ford Motor Company and Roush Performance Products, Inc. has developed a supercharger kit for the 5.0-liter Coyote V8 engine and is expected to install in Mustang and F-150. Such technological advancements within the automotive sector are explicitly boosting growth of the market.
However, the high after market price of superchargers may hinder growth of market.
Global Automotive Supercharger Market: Segment Analysis
Among the component segments, the compressors segment is projected to account for significant revenue share in the target market.
Among the technology segments, the centrifugal supercharger segment is estimated to account for major revenue share, and is projected to maintain its dominance over the forecast period
Among the fuel type segments, the gasoline segment is anticipated to register significant growth rate in the target market.
Among the vehicle type segments, the passenger car segment is anticipated to register significant growth rate over the forecast period.
Global Automotive Supercharger Market: Regional Analysis
North America automotive supercharger market is expected to account for major market share in the global market in terms of revenue. Factors such as growing production of gasoline engine vehicles, government regulations regarding fuel efficiency, and engine downsizing are driving the target market towards growth. Whereas, the market in Asia Pacific is projected to grow at a significant rate over the forecast period. This is due to growing automotive industry in China and India. Moreover, stringent environmental regulations laid by the government to reduce emissions which is expected to further enhance growth of the target market. In 2016, for instance, the government of India has introduced adoption of BS-VI norms by the end of 2020. With this announcement, automotive OEMs focusing towards developing advanced performance enhancing and energy-efficient technologies such as supercharger systems.
Global Automotive Supercharger Market Segmentation
Segmentation by Component:
- Harmonic Balancers
- Others (Tensioners, Valves, and Head Units)
Segmentation by Technology:
- Centrifugal Supercharger
- Roots Superchargers
- Twin-Screw Superchargers
Segmentation by Fuel Type:
Segmentation by Vehicle Type:
- Passenger Car
- Commercial Vehicle
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Honeywell International Inc.
- Eaton Corporation plc
- Mitsubishi Heavy Industries, Ltd.
- Federal-Mogul Corporation
- IHI Corporation
- Paxton Automotive
- Vortech Engineering Inc.
- A&A Corvette Performance, Ltd.
- Rotrex A/S
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