The Automotive Supercharger Market Size is segmented by technology, power source, fuel type and vehicle type. Based on the technology, the market is divided into twin screw, centrifugal, and roots; among them, the centrifugal supercharger segment is expected to hold the largest market share due to the small and lightweight structure and efficient output delivery compared to the other segments. The market is segregated into IC engines and electric motors by the power source.
Internal combustion uses the supercharger system considerably
more than the electric motor variety. The market is bifurcated into fuel types.
It is categorized into petrol and diesel; petrol will hold more CAGR as it uses
the supercharger system more as the exhaust by the petrol engine is less.
Still, both segments will hold growth in the forecast period. The Automotive Supercharger Market is
fragmented into passenger, commercial, and motorcycles based on the vehicle
type. Passengers will hold the high growth, as people use the passenger more.
Automotive
supercharger Market overview
An automotive supercharger is a device
that raises the engine's intake manifold pressure. These chargers, which are
also known as air compressors, raise the air density so that it can hold more
air or oxygen so that more fuel can be burned to provide more power.
Superchargers, also known as forced
induction systems, may rotate at up to 65,000 RPM (rotations per minute) and
provide an additional 46 percent of horsepower on average (HP). Superpowers
have advanced since they are simple to set up and don't need as much servicing
or upkeep.
They can also be bolted aside or on
top of the engine, and it operates efficiently at normal temperature. The key
advantage of using this is that it provides power to vehicles in real-time. At
COVID 19, the outbreak was so severe that it affected the automotive industry
severely as the travelling and shutdown were imposed.
Due to the improvement in the
situation, the market is getting its pace again globally. The high increase of
demand for automobiles in the global world is driving the market. It is
expected that the Automotive supercharger Market will grow at a CAGR of 6%.
Automotive
supercharger Market Key Players
·
Porsche AG (Germany)
·
Ferrari N.V. (Italy)
·
Pagani Automobili S.p.A. (Italy)
·
Valeo (France)
·
The Ford Motor Company (U.S.)
·
Daimler AG (Germany)
·
Koenigsegg Automotive AB
·
Federal-Mogul Corporation (U.S.)
·
Eaton Corporation Plc
·
Honeywell International Inc. (U.S.)
·
IHI Corporation (Japan)
·
Rotrex A/S (Denmark)
·
A&A Corvette Performance (U.S.)
·
Aeristech (U.K)
·
Vortech Engineering Inc. (U.S.).
Automotive Supercharger
Market Regional Analysis
The Automotive Supercharger Market Share is studied in four regions: North America,
Asia Pacific, Europe, and other parts of the world. North America is religion
has an increasing interest in SUVs and sports cars. Thus, these high-quality
automobiles use high-quality products' latest technology, including a
supercharger system, to provide more thrust to these automobiles; these factors
and demand make the market hold the largest share in the forecast period. Next,
the Asia pacific will be known as the next automobile hub worldwide as the
income and the purchasing power of the middle-class people are rising. Indiana
and chain are creating bigger and more luxurious cars, emphasizing car
performance, which will lead to more market growth shortly. Europe will grow
soon due to high-profile and renowned automobile manufacturers. Other regions
are also showcasing substantial growth and will continue to show in the future.
Automotive
supercharger Industry news
The Biden administration has been working to define critical
points for its 500,000-charger national charging network for EVs. The network
is a necessary piece for the administration's target of 50% EVs by 2030.
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