Press release
Automotive Supercharger Market Size to grow at 5.01 % CAGR | Share Survey Analysis 2021 to 2028
Automotive Supercharger Market size was valued at USD 7.70 Billion in 2020 and is projected to reach USD 11.39 Billion by 2028, growing at a CAGR of 5.01 % from 2021 to 2028.An automotive supercharger, also known as a forced induction system, is an air compressor that is used to increase the pressure and density supplied to an internal combustion engine (ICE). A higher air density provides an additional oxygen supply to the engine, which in turn burns fuel more efficiently in the combustion chamber and produces 46% more power than a standard engine. Due to the ease of installation and lower maintenance costs, superchargers are typically found in luxury or racing vehicles. Furthermore, the supercharger consumes a large amount of power, which can put strain on the vehicle engines, increasing the demand for heavy-duty components capable of handling internal explosions. As a result, the demand for more heavy-duty engines is expected to increase.
Automotive superchargers refer to the type of air compressors that are utilized for pressurizing air into the internal combustion engine of the vehicle in order to increase the new power supplied to the vehicle. These chargers raise the air density providing air or oxygen supply to burn excessive fuel with the purpose of generating more power.
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The global Automotive Supercharger Market is primarily driven by rising demand for luxury and sports cars, as well as the benefits of using superchargers over turbochargers. Other important factors that are expected to propel market growth during the forecast period include technological advancement in automotive, raising awareness about the system's benefits, and the deployment of diesel superchargers.
The addition of a supercharger to a vehicle engine is one of the most adaptable methods of increasing engine output power. Superchargers are a common addition in aeroplane internal combustion engines due to their real-time power delivery. Furthermore, multistate supercharging, which results in lower carbon emissions, increased fuel efficiency, and torque enhancement, is expected to be a major trend in the industry. It is widely utilized in high-end vehicles, sports cars and motorcycles to maximize power output, reduce exhaust emissions and improve acceleration capability.
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Automotive Supercharger market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.
Global Automotive Supercharger Market: Segmentations
Global Automotive Supercharger Market: By Key Players
Daimler
Porsche
Ford
Ferrari
Automobili Lamborghini
Pagani Automobili
Koenigsegg Automotive
Rotrex
Procharger Superchargers
SFX PERFORMANCE
MAGNUSON SUPERCHARGER
Paxton Automotive
Global Automotive Supercharger Market: By Types
Centrifugal
Roots
Twin-Screw
Global Automotive Supercharger Market: By Applications
Passenger Cars (PC)
Commercial Vehicles (CV)
Global Automotive Supercharger Market: Regional Analysis
The countries covered in the regional analysis of the Global Automotive Supercharger market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key benefits of the report:
• The report presents information related to key drivers, restraints, and opportunities along with challenges of the supercharger market.
• The current market is quantitatively analyzed to highlight the supercharger market growth scenario.
• This study presents the analytical depiction of the supercharger industry along with the current trends and future estimations to determine the imminent investment pockets.
• We can also determine supercharger will remain a significant revenue shareholder in the global automotive supercharger market through the predictable future.
Questions answered in the global automotive supercharger market research report:
1. What are the projections for the future that would help in taking further strategic steps?
2. Which are the leading market players active in the automotive supercharger market?
3. What are the current trends that will influence the market in the next few years?
4. What are the driving factors, restraints, and opportunities in the market?
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Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
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