Auto Superchargers Drive Into Billion Buck Territory

MarketsandMarkets’ report - “Automotive Supercharger Market by Components, Technology, Vehicle Type, Fuel Type, Power Source, and Region - Global Forecast to 2025” – sees the global automotive supercharger market growing at a CAGR of 5.27% from 2017 to 2025. The researchers believe the market for these automotive devices will reach a market size of $10.95 Billion by 2025, up from $7.26 Billion in 2017. Market drivers include stringent fuel efficiency norms introduced by various governments, OEMs working towards engine downsizing, and rising disposable incomes leading to greater sales of high-end vehicles.

 

Other findings:

  • Gasoline engine vehicles hold the largest market share in 2017
  • Roots technology - Largest share of Automotive Supercharger Market in 2017
  • North America: Growing enthusiasm for car racing and sports in the US is propelling the growth of North American market
  • Key players in this market are Honeywell (US), Eaton (Ireland), Valeo (France), Mitsubishi Heavy Industries (Japan), Federal-Mogul (US), IHI Corporation (Japan), Paxton (US), A&A Corvette (US), Vortech Engineering (US), Rotrex (Denmark), and Aeristech (UK).

 

Need to know more? Browse the "Automotive Supercharger Market" report.

 

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