DUBLIN--(BUSINESS WIRE)--The "Automotive Supercharger Market by Components, Technology (Centrifugal, Twin-Screw, Roots), Vehicle Type (PC, CV, Motorcycle), Fuel Type (Gasoline, Diesel), Power Source (Engine Driven, Electric Motor Driven), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive supercharger market is estimated to be USD 7.26 billion in 2017 and is projected to reach USD 10.95 billion by 2025, growing at a CAGR of 5.27% from 2017 to 2025.
The market growth is primarily driven by factors such as increasing demand for high-end vehicles, OEMs' efforts towards engine downsizing, and fuel efficiency norms. Superchargers are capable of providing higher horsepower from a smaller engine. However, the global shift of automotive industry towards electric vehicles is considered as a restraint for the global automotive supercharger market.
The automotive supercharger market for passenger cars is estimated to grow at the highest rate during the forecast period. Superchargers are primarily installed in racing cars and sports cars. Superchargers are a perfect fit for such vehicles as these cars require instantaneous boost as soon as the car starts moving. Also, the demand for high-end cars has increased due to the increased disposable incomes of consumers around the world. All these factors drive the growth of passenger car segment in the automotive supercharger market.
Gasoline engine vehicles segment is estimated to be the largest segment of the automotive supercharger market, by fuel type. Superchargers can boost a vehicle as soon as the vehicle starts moving, i.e. they do not have a lag, unlike turbochargers. Also, superchargers are suitable for a gasoline engine that emits a lesser amount of exhaust gases than a diesel engine. With the measures taken worldwide to curb air pollution, the production of diesel engine vehicles is expected to decrease. Recently, Germany's highest court passed a law that diesel vehicles can be banned in the country to decrease air pollution. Government mandates will further drive the market for automotive superchargers in gasoline engine vehicles.
North America is estimated to dominate the supercharger market for automotive, by volume as well as value. The increasing passion for car racing sports in the region contributes to the growth of automotive superchargers. Other factors contributing to the growth of the automotive supercharger market in this region are the growing trend of engine downsizing, increasing fuel efficiency norms, and high disposable incomes that have increased the demand for high-end cars. The US is estimated to be the largest and fastest growing market in the region.
Players profiled in the report are:
- Honeywell (US)
- Eaton (Ireland)
- Valeo (France)
- Mitsubishi Heavy Industries (Japan)
- Federal-Mogul (US)
- IHI Corporation (Japan)
- Paxton (US)
- A&A Corvette (US)
- Vortech Engineering (US)
- Rotrex (Denmark)
- Aeristech (UK)
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Technological Overview
7 Automotive Supercharger Market, By Component
8 Automotive Supercharger Market, By Technology
9 Automotive Supercharger Market, By Fuel Type
10 Automotive Supercharger Market, By Power Source
11 Automotive Supercharger Market, By Region
12 Competitive Landscape
13 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/463k48/automotive?w=4