Automotive Supercharger Market

Global Automotive Supercharger Market Size (2024 to 2029):

The global automotive supercharger market is expected to reach USD 8.48 billion in 2024 and reach USD USD 11.05 billion by 2029, growing at a CAGR of 5.45% from 2024 to 2029.

An automotive supercharger or forced induction system is an air compressor that tends to improve the density or pressure internal combustion engine of a vehicle. Due to increased density, it gives more oxygen supply to the internal combustion engine of vehicles which in turn burn more fuel and produce extra power. Superchargers spin up to 65,000 RPM to pressurize the air and create almost 46% extra horsepower. Superchargers are extensively employed in premium luxury and racing cars and bikes. Superchargers are comparatively easier to implement and affordable in terms of service. The automotive charger is known to garner about 20% of the horsepower of vehicles to operate, deriving essential power from the vehicle’s crankshafts, and is connected with the assistance of a gear, chain, belt, or shaft. Hence, superchargers are developed with heavy-duty elements that can handle internal explosions and provide extra boost. A notable benefit of these superchargers is that they offer automobiles power in real-time without any delay.

Increasing vehicle electrification and a rise in demand for engine downsizing is the growth factor for the global automotive supercharger market.

Global Automotive Supercharger Market Drivers:

The key driver of the global automotive supercharger market is the production of gasoline engine vehicles due to strict air emission standards. An increase in the power of vehicle engines without affecting fuel consumption is driving the market growth. Improved engine output and easy installation are responsible for the expansion of this market. The surge in the demand for high-end vehicles will enhance market growth. The increasing government regulations on fuel efficiency, rising usage of electronic content per vehicle, developments in vehicle electrification, and rising demand for engine downsizing, along with the growth in increased disposable incomes worldwide and rising production of the automotive vehicle, will also increase the global automotive supercharger market.

Global Automotive Supercharger Market Restraints:

The undertaking of turbochargers superchargers in the automobile industry is projected to restrain the global automotive supercharger market because of the better power and efficiency of turbochargers. This is credited to the fact that turbochargers make use of the kinetic and potential energy of exhaust gases to support the compressor and avoid direct load on the engine. Also, the high cost of the superchargers restrains the market growth, the decline in the enthusiast segment, original equipment manufacturers turning towards electric and hybrid vehicles, and lack of scalability are estimated to further restrict the growth of this market.

REPORT COVERAGE:

This research report on the global automotive supercharge market is segmented and sub-segmented into the following categories.

Global Automotive Supercharger Market - By Type:

• Twin-Screw
• Centrifugal
• Roots

The main criteria for this classification are based on how superchargers move air to the engine intake manifold. Because of their small & lightweight structure and efficient output delivery compared to the other two, centrifugal superchargers are expected to contribute to a significant market share during the forecast period.

Global Automotive Supercharger Market - By Fuel Type:

• Diesel
• Gasoline

The petrol engine vehicles segment is determined to develop a substantial share in the automotive supercharger market during the conjecture period. Superchargers are correct for a petrol engine that does not produce a large number of exhaust gases. With the precautions taken worldwide to control air pollution, the manufacturing of diesel engine vehicles is expected to reduce. This is anticipated to promote the expansion in the manufacturing of petrol vehicles, driving the demand in the worldwide automotive supercharger market in the future.

Global Automotive Supercharger Market - By End-User:

• Original Equipment Manufacturers (OEMs)
• Aftermarket

Several vehicle makers in luxury and sports cars are integrating built-in superchargers into their models.

Global Automotive Supercharger Market – By Region:

• North America 
• Europe 
• Asia Pacific 
• Latin America 
• Middle East and Africa 

North America and Europe are foreseen to contribute substantial revenue share of the market over the forecast period due to the rising adoption rate of these superchargers in developed economies.

North America takes a major share in the global market in terms of revenue in the automotive supercharger market. Factors such as the growing production of gasoline engine vehicles, government regulation regarding fuel efficiency, and engine downsizing are driving the target market towards growth. The growth of this market is due to the high enthusiasm for racing cars in this area.

However, the market in the Asia Pacific is projected to grow at a significant rate over the projection period because of the burgeoning automotive sector in countries like China and India. Moreover, strict environmental regulations laid out by the government to reduce emissions are expected to further enhance the growth of the target market.

KEY MARKET PLAYERS:

Honeywell, Eaton, Valeo, Porshe, Daimler AG, Ford Motor Company, Ferrari N.V., Pagani Automobile S.P.A., SFX Performance, LTD, Techco. These are some of the market players dominating the global automotive supercharge market.

RECENT DEVELOPMENTS IN THE MARKET:

• As of October 2017, Roush Performance Products and Ford Motor Company jointly developed a novel supercharger, 700-HP, 5.0 liter V8 for the Mustang GT and F-150. The latest technology is touted to enhance the horsepower and torque in Ford's Mustang GTs. This advancement will further increase the performance and torque, allowing people to enjoy the two most customized automobiles in this market.
• Roush extended its two supercharged trucks F-150 SC and F-150 Nitemare. They combined four different modes of wide-open, touring, sport, and custom with an application that can be managed by mobile devices. Such advancement in technology will increase the growth of the market.