Automotive Supercharger Market Major Trends in Asia Pacific with Booming CAGR of 4% with Leading Players Honeywell, BorgWarner, IHI, Eaton and More

Automotive Supercharger Market

A supercharger is used to increase the pressure and density of intake air to an internal combustion engine (ICE). This allows more air to the engine for better combustion, as more intake air leads to more fuel burning, which gives high-power output.

The global market for automotive superchargers is expected to witness a CAGR of more than 4%, during the forecast period, due to the increase in demand for high-power output and better efficiency. Roots blowers tend to be only 40–50% efficient at high boost levels. By contrast, centrifugal (dynamic) superchargers are 70–85% efficient at high boost levels.

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GASOLINE ENGINES ARE EXPECTED TO HOLD THE HIGHEST SHARE

A study by Mordor predicts that more than 45% of vehicles sold in the world are expected to be gasoline engine vehicles, by 2020, and the increase in demand for power is expected to drive the gasoline vehicles toward supercharging. In September 2017, the European Automobile Manufacturers Association has released a study, which says that sales of gasoline-powered cars have overtaken diesel-powered cars and this trend is expected to continue during the forecast period, which is also anticipated to see a decline in diesel vehicle sales, due to the rising concerns on pollution levels, globally, coupled with the increasing demand for hybrid and electric vehicles.

Key Developments in Automotive Supercharger Market :

April, 2018: Uber has reached a deal to acquire Jump, an electric bike startup, which operates dock-less bike sharing services
Automotive Supercharger Market Key Players:
Honeywell., BorgWarner., IHI., Eaton.

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APAC -THE GLOBAL LEADER

APAC is currently the market leader, as almost 50% of the vehicles sold globally are from this region, due to the presence of major automotive hubs like China, India, and Japan. The need for power has been increasing year-on-year. Asia has witnessed a change in trend toward downsizing of engines, wherein equipping a V6 with supercharger is found to be more efficient than equipping a vehicle with V8 engine. Rising CO2 emissions, especially in the APAC region, have convinced the automakers to improvise their engines by installing a supercharger, as these help in complete and better combustion, which reduces the risk of harmful emissions.

The market study on global automotive supercharger market is segmented into Centrifugal Supercharger, Roots Superchargers, and Twin-Screw Superchargers, based on technology and Gasoline, Diesel and electric, based on the type of fuel type, engine driven and electric motor-driven, based on power source, OEM and aftermarket, based on end user and passenger cars, and commercial vehicles, based on vehicle type. This study covers all the major countries of North America, Europe, and APAC and Rest of the World.

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This release was published on openPR.