Rising Demand for Fuel Efficiency to Lead Growth of Automotive supercharger Market

Pune, India, August 2019, MRFR Press Release/- Market Research Future has Published a Half-Cooked Research Report on the Global Automotive supercharger Market.

Market Synopsis:

Automotive superchargers take in air and compress it before passing it into engine combustion chamber. It facilitates combustion in the engine at high temperatures. Its demand is likely to increase in the upcoming years owing to the growth of the automotive industry. Market Research Future (MRFR)’s study unfolds that the Global Automotive Supercharger Market is set to strike 6% CAGR over the forecast period 2017 to 2023.

In the light of depleting sources of fuel, fuel-efficient technologies have gained much popularity in the automotive sector. The trend is assessed to continue during the review period and boost the growth pattern of the automotive supercharger market. In addition, rising demand for high-end vehicles is expected to impact the growth of the market favorably in the years to come.

Market Segmentation:

By technology, the global automotive supercharger market covers three segments - twin screw, centrifugal, roots. Among these, the centrifugal segment is expected to dominate the proliferation of the market over the next couple of years. Factors such as easy installation and affordability are likely to drive the growth of the segment in the nearby future.

The segmental analysis of the automotive supercharger market, based on source of power, includes IC engine and electric motor. The IC engine segment is expected to play a relatively more crucial role in the development of the market. IC engines are likely to exhibit high demand for superchargers, which is anticipated to lead the growth of the segment in the forthcoming years.

On the basis of fuel type, the automotive supercharger market has been divided into petrol and diesel. Among these, the petrol segment is anticipated to grow at a more substantial pace than that of the diesel segment. Unlike diesel engines, there is no trace of additional turbo lag in petrol engines. It is expected to boost the expansion of the segment over the forecast period.

On the basis of Vehicle Type, the segments of the global automotive supercharger market include commercial, passenger, and motorcycle.

Access Report Details @ https://www.marketresearchfuture.com/reports/automotive-supercharger-market-5757

Regional Analysis

The regional assessment of the global automotive supercharger market spans across - North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is anticipated to dictate the expansion of the global market over the next few years. Increasing demand for high-end cars such as SUVs and sports cars is likely to favor the growth of the regional automotive supercharger market in the upcoming years.

Asia Pacific is prognosticated to exhibit tremendous potential over the next few years. Increasing demand for automobiles owing to rising income levels is expected to support the development of the automotive supercharger market in the years to come. In addition, the rising middle-income population is also prognosticated to catalyze market growth over the review period. The region is likely to emerge as the manufacturing hub for automotive industry leaders, thus, expediting growth pace of the market. China and India are supposed to contribute immensely to the market’s expansion.

Competitive Dashboard:

Porsche AG (Germany), Pagani Automobili S.p.A. (Italy), Ferrari N.V. (Italy), Valeo (France), Mitsubishi Heavy Industries, Ltd. (Japan), The Ford Motor Company (U.S.), Automobili Lamborghini S.p.A. (Italy), Koenigsegg Automotive AB , Daimler AG (Germany), Federal-Mogul Corporation (U.S.), IHI Corporation (Japan), Rotrex A/S (Denmark), Aeristech (U.K), A&A Corvette Performance (U.S.), Eaton Corporation Plc, Honeywell International Inc. (U.S.), and Vortech Engineering, Inc. (U.S.) are some of the key players assessed in this report on the global automotive supercharger market. Investments in technological innovations are expected to rise owing to efforts directed towards strengthening market positions. Also, the emphasis on research & development for product innovation is expected to intensify competition in the market over the next couple of years.