Global Automotive Supercharger Market

Automotive Supercharger Market Size, Share, Growth Analysis, By Components(Harmonic Balancers, Pulleys/Belts, Compressors, Intercoolers), By Power Source(Engine Driven, and Electric Motor Driven), By Technology(Centrifugal Supercharger, Roots Supercharger, and Twin-screw Supercharger), By Fuel(Gasoline, and Diesel), By Vehicle(Passenger Cars (PC), Commercial Vehicles (CV), and Motorcycles), By Sales(Original Equipment Manufacturers (OEM), and Aftermarket), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25A2270 | Region: Global | Published Date: April, 2024
Pages: 215 | Tables: 172 | Figures: 79

Automotive Supercharger Market Dynamics

Automotive Supercharger Market Drivers

Increased Demand for Heavily Equipped Luxury Vehicles to Drive Market Growth

  • One of the quickest ways to improve the power output of a car engine is to add a supercharger to the engine. In-flight combustion engines often incorporate superchargers for their real-time energy delivery. The increasing use of automotive superchargers is due to improved engine efficiency and ease of installation, operation and maintenance. During the period under review, recent advances in automotive technology are also anticipated and increasing public awareness about these systems will boost the global automotive supercharger market CAGR.

Performance Improvements

  • Automotive superchargers are sought after for their ability to increase engine performance by increasing horsepower and torque. This requirement is especially common among enthusiasts and sports car manufacturers aiming for optimal speed and acceleration. Stricter emissions regulations around the world are forcing automakers to look for technologies that improve fuel efficiency and reduce emissions. Superchargers offer a convenient solution by increasing engine performance without sacrificing power, helping manufacturers meet regulatory standards.

Automotive Supercharger Market Restraints

Strict Regulation on High Carbon Emission Problems Such as Switching to Gasoline Engines

  • Government regulations have been introduced to switch from diesel-engine to petrol-engine vehicles due to increased carbon emissions. In addition, superchargers are more suitable for gasoline engines, which emit fewer emissions than diesel engines. Additionally, a supercharger, unlike a turbocharger, can improve a vehicle’s performance by delivering power in real time. Since then, because of the increasing environmental pollution, governments have focused on reducing air pollution.

Cost Considerations

  • Vehicle superchargers can be expensive to manufacture, install and maintain. The high cost of superchargers, coupled with potential additional installation and aftermarket support costs, may deter budget-conscious customers from adopting this technology Supercharger systems to drive vehicle construction of existing systems poses compatibility challenges, especially reliability or security for older devices or ensuring seamless integration requires technical expertise and funding a greater closure.
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Automotive Supercharger Market size was valued at USD 7.62 Billion in 2022 and is poised to grow from USD 8.04 Billion in 2023 to USD 12.28 Billion by 2031, growing at a CAGR of 5.45% in the forecast period (2024-2031).

The competitive environment of the Automotive Supercharger Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Eaton is a leader in the automotive supercharger market, offering supercharger solutions for a variety of vehicle types including passenger cars, commercial vehicles and high performance. The company’s innovative technologies and extensive industry experience position it at the forefront of this market. Honeywell is a leading supplier of automotive turbochargers and superchargers. Focusing on research and development, Honeywell continues to offer advanced supercharger solutions aimed at increasing engine performance and fuel efficiency to meet stringent standards carbon dioxide emission. 'Nidec Corporation', 'Siemens AG', 'Robert Bosch GmbH', 'Denso Corporation', 'Mitsubishi Electric Corporation', 'Johnson Electric Holdings Limited', 'Valeo S.A.', 'BorgWarner Inc.', 'Mahle GmbH', 'Hitachi Automotive Systems, Ltd.', 'Continental AG', 'Magna International Inc.', 'Aisin Seiki Co., Ltd.', 'WEG Industries', 'Hella GmbH & Co. KGaA', 'Mitsuba Corporation', 'ABB Ltd.', 'Brose Fahrzeugteile GmbH & Co. KG', 'Shanghai Electric Group Co., Ltd.', 'Rheinmetall Automotive AG'

One of the quickest ways to improve the power output of a car engine is to add a supercharger to the engine. In-flight combustion engines often incorporate superchargers for their real-time energy delivery. The increasing use of automotive superchargers is due to improved engine efficiency and ease of installation, operation and maintenance. During the period under review, recent advances in automotive technology are also anticipated and increasing public awareness about these systems will boost the automotive supercharger market CAGR.

Rise in Number of Passenger Vehicles: Knowledge of internal combustion engine (ICE) passenger vehicles and lack of electric vehicle charging systems in many emerging countries hinder EVs and therefore consumers still prefer ICE-powered vehicles, which in turn tend to redesign the engines of these vehicles therefore the high demand for more powerful passenger cars contributes to the increased demand for heavy-duty hitchhikers worldwide. Immediately. In 2022, the share of petrol vehicles in the total passenger vehicle market in India touched 68%, while diesel vehicles accounted for 19% of the total vehicle sales in the market Similarly in Greece, gasoline vehicles accounted for 71.3% of all vehicle sales by 2022, while diesel-powered vehicles accounted for 17.42%.

North America is the dominating location inside the automotive supercharger market in terms of revenue share due to the growing manufacturing of fuel engine vehicles in addition to numerous rules imposed through the authorities a good way to lessen the growing air pollution and enhance fuel performance on this area. Also, the growing call for luxury automobiles and SUVs is leading to extra demand for superchargers in the place. North America is the dominant region in terms of revenue share in the market due to the growing popularity of gasoline engine vehicles and regulations put in place by the government to reduce air pollution and fuel a due to increased efficiency in the region.

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Global Automotive Supercharger Market

Report ID: SQMIG25A2270

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