What is Vehicle Supercharger Market?
A supercharger is defined as the engine-driven compressor which is used in some motor vehicles. Vehicle Supercharger is mainly available in three types namely roots supercharger, twin-screw supercharger and centrifugal supercharger. Increased demand for high-end vehicles, an advantage over a turbocharger as lag diminishes, rising income and purchasing power of the middle class and others are expected to be the major driver influencing the market growth of vehicle supercharger over the forecast period.
Highlights from Vehicle Supercharger Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | The Ford Motor Company (United States), Federal-Mogul Corporation (United States), Honeywell International Inc. (United States), Vortech Engineering, Inc. (United States), A&A Corvette Performance (United States), , Aeristech (United Kingdom), Porsche AG (Germany), Daimler AG (Germany), Rotrex A/S (Denmark) and Ferrari N.V. (Italy) |
By acquiring US Digital Designs, Inc., Honeywell will be able to improve public safety communications. Combining products will improve first responder communications, do away with manual procedures, and speed up emergency response times. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Vehicle Supercharger market throughout the forecasted period.
The Ford Motor Company (United States), Federal-Mogul Corporation (United States), Honeywell International Inc. (United States), Vortech Engineering, Inc. (United States), A&A Corvette Performance (United States), , Aeristech (United Kingdom), Porsche AG (Germany), Daimler AG (Germany), Rotrex A/S (Denmark) and Ferrari N.V. (Italy) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Pagani Automobili S.p.A. (Italy), Valeo (France), Automobili Lamborghini S.p.A. (Italy), Koenigsegg Automotive AB (Sweden), Eaton Corporation Plc (Ireland), Mitsubishi Heavy Industries, Ltd. (Japan) and IHI Corporation (Japan). Vehicle Supercharger Market Segmentation:
Scope | Sub-Segments |
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Type | Roots Supercharger, Twin-Screw Supercharger and Centrifugal Supercharger |
Technology | Centrifugal,Roots,Twin-Screw |
Sales Channel | OEMS,Aftermarket |
Vehicle Type | Passenger Cars (PC),Commercial Vehicles (CV),Motorcycles |
Component | Harmonic Balancers,Pulleys/ Belts,Compressors,Intercoolers,Blowers,Tensioners,Valves,Head Units |
Fuel Type | Gasoline,Diesel |
Power Source | Engine Driven,Electric Motor Driven |
On the basis of geography, the market of Vehicle Supercharger has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Demand for Bigger & Luxury Cars with More Importance on Car Performance
Market Growth Drivers:
Demand for vehicle superchargers has increased, due to an increase in vehicle production. For instance, according to India Brand Equity Foundation, in 2018, India became the 4th largest auto market with sales increasing more than 8.3% year-on-year to 3.99 million units. It was the 7th largest manufacturer of commercial vehicles in 2018. Therefore, it will enhance market growth.
Challenges:
Increasing Prices of Raw Material
Restraints:
Rising Inclination of OEMs towards Electric & Hybrid vehicles
Opportunities:
Highly Development of Diesel Superchargers
Key Target Audience
Automobile Manufacturers, Automotive Supercharger Design Companies, Automobile Organizations/Associations, Automotive Supercharger Suppliers, Raw Material Suppliers for Automotive Superchargers, Traders and Distributors of Automotive Superchargers and Others
Market Leaders & Development Strategies
Ford intends to combine Electriphi's capabilities with Ford Pro services to create the most cutting-edge energy management and charging experiences for business clients. With cars like the F-150 Lightning Pro and the E-Transit van, as well as depot charging management, the Electriphi acquisition will hasten the adoption of electric vehicle fleets.
In 2019, the Ford Motor (United States) Company has launched supercharged 2020 Mustang Shelby GT500 electric car. Therefore, it will increase the product portfolio of the company.