The global automotive market was calculated to be USD 8.80 billion in 2021 and is estimated to value about USD 10.95 billion by 2026, with a predicted CAGR of about 6% during the assessment period 2021-2026.
An automotive supercharger or forced induction system is an air compressor that tends to improve density or pressure internal combustion engine of a vehicle. Due to increased density, it gives more oxygen supply to internal combustion engine of vehicle which 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. The superchargers are extensively employed in the premium luxury and racing cars and bikes. Superchargers are comparatively easier to implement and affordable in terms of service. 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 extra boost. A notable benefit of these superchargers is to offer power to automobiles in real-time without any delay.
As in October 2017, Roush Performance Products and Ford Motor Company jointly developed a novel supercharger, 700-HP, 5.0 litre V8 for Mustang GT and F-150. The latest technology is touted to enhance the horsepower and torque in Mustang GTs of Ford. This advancement will further increase the performance and torque, providing 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 increases the growth of the market.
Increasing vehicle electrification and rise in demand for engine downsizing are the growth factor for the global automotive supercharger market.
The key drivers of the global automotive supercharger market are raising production of gasoline engine vehicle due to strict air emission standard. Increase in power of vehicles engine without affecting fuel consumption is driving the market growth. Improved engine output and easy installation is responsible for expansion of this market. The surge in the demand of the high end vehicle will enhance the 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.
Due to undertaking of turbochargers than superchargers in automobile industry are projected to restrain the global automotive supercharger market because better power and efficiency of turbochargers. This is credited by 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, high cost of the superchargers restrains the market growth, decline in enthusiast segment, original equipment manufacturers turning towards the electric and hybrid vehicle and lack of scalability are estimated to further restrict the growth of this market.
The global automotive supercharger market is categorized on the basis of type, end-users, fuel type and region
By type, the global automotive supercharger market is subdivided into twin-screw, centrifugal, and roots. The main criteria for this classification is 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.
By fuel type, the global automotive supercharger market is subdivided into diesel and gasoline. The petrol engine vehicles segment is determined to develop with 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 amount of exhaust gases. With the precaution taken worldwide to control air pollution, 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 future.
By end-users, the global automotive supercharger market is divided into Original Equipment Manufacturers (OEMs) and aftermarket. Several vehicle makers in luxury and sports cars are integrating inbuilt superchargers in their models.
By geography, the global automotive market is divided into North, America, Europe, Middle East & Africa, Asia-Pacific, and South America. 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 major share in the global market in term of revenue in automotive supercharger market. Factors such as growing production of gasoline engine vehicle, 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 burgeoning automotive sector in countries like China and India. Moreover, strict environmental regulations laid by the government to reduce emissions are expected to further enhance growth of the target market.
Eaton Corporation is taking the most substantial share in the global automotive supercharger market.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Automotive Supercharger Market, By Type
6.1.4 Market Size Estimations & Forecasts (2019-2024)
6.1.5 Y-o-Y Growth Rate Analysis
6.1.6 Market Attractiveness Index
6.2 Automotive Supercharger Market, By End-User
6.2.3 Market Size Estimations & Forecasts (2019-2024)
6.2.4 Y-o-Y Growth Rate Analysis
6.2.5 Market Attractiveness Index
6.3 Automotive Supercharger Market, By Fuel Type
6.3.3 Market Size Estimations & Forecasts (2019-2024)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Type
7.2.3 By End-User
7.2.4 By Fuel Type
7.3.1 By Country
188.8.131.52 Rest of Europe
7.3.2 By Type
7.3.3 By End-User
7.3.4 By Fuel Type
7.4 Asia Pacific
7.4.1 By Country
184.108.40.206 South Korea
220.127.116.11 South East Asia
18.104.22.168 Australia & NZ
22.214.171.124 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By End-User
7.4.4 By Fuel Type
7.5 Latin America
7.5.1 By Country
126.96.36.199 Rest of Latin America
7.5.2 By Type
7.5.3 By End-User
7.5.4 By Fuel Type
7.6 Middle East and Africa
7.6.1 By Country
188.8.131.52 Middle East
7.6.2 By Type
7.6.3 By End-User
7.6.4 By Fuel Type
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Eaton Corp
8.5 Daimler AG
8.6 Ford Motor Company
8.7 Ferrari N.V.
8.8 Pagani Automobile S.p.A.
8.9 SFX Performance, LTD
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures