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

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).

A car supercharger or forced induction system is an air compressor that usually improves the density or pressure of internal combustion engines. Increased density gives cars' internal combustion engines more oxygen which in turn burns more fuel and produces additional energy. It also produces extra horsepower. Superchargers are widely used in luxury and racing cars and bikes. Superchargers are relatively easy to operate and cost less in service.

Car chargers are known to save 20% of the car’s horsepower for driving, get the necessary energy from the crankshaft of a car, communicate with the help of gears, chains, belts or shafts so they carry heavy components that can deal with internal explosions function and its superchargers extra boost. The main advantage of these superchargers is their ability to power vehicles in real time without delay.

Increasing downsized engines coupled with increasing fuel efficiency of vehicles represents one of the major factors driving the growth of the global automotive supercharger market. Moreover, due to environmental factors in response to growing concerns about carbon dioxide (CO2) emissions, governments in many countries have implemented strict regulations. As a result, many automakers are installing superchargers in passenger cars and light-duty vehicles to improve performance and fuel economy Besides, the growing popularity of electric car superchargers in a hybrid vehicle acts as an additional catalyst for growth and reduces overall costs. Increasing downsized engines coupled with increasing fuel efficiency of vehicles represents one of the major factors driving the growth of the global automotive supercharger market.