Automotive superchargers are air compressors that enhances the pressure or density delivered to internal combustion engine of vehicles. These superchargers further increase the air density for providing more oxygen supply to engine that burns excessive fuel and yields extra power. Some of the major drivers are growing demand of high-end vehicles, and benefit over turbocharger as lag diminishes which drives the automotive supercharger market in the forecast period.
MARKET SCOPE
The "Global Automotive Supercharger Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a focus on the global market trend. The report aims to provide an overview of global automotive supercharger market with detailed market segmentation by technology, fuel type, vehicle type, power source, and geography. The global automotive supercharger market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the automotive supercharger market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
? Based on offerings, the market is segmented as solutions and services.
? On basis of end-user the automotive supercharger market is segmented as high-rise buildings, commercial infrastructure, others.
MARKET DYNAMICS
Drivers:
? The mounting technological advancement, development of diesel superchargers, and augmented demand for electric superchargers across various region are creating opportunities which will increase the demand of automotive supercharger in the forecast period.
? The growing popularity of performance cars.
Restraints:
? Decline in vehicle production due to chip shortage.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive supercharger market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive supercharger market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive supercharger market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive supercharger market in these regions.
IMPACT OF COVID-19 ON AUTOMOTIVE SUPERCHARGER MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of manufacturers in 2020. However, the construction industry started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed.
MARKET PLAYERS
The reports cover key developments in the automotive supercharger market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive supercharger market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive supercharger in the global market. Below mentioned is the list of few companies engaged in the automotive supercharger market.
The report also includes the profiles of key automotive supercharger companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
? Eaton Corporation Plc
? Federal-Mogul Corporation
? Vortech Engineering LLC
? Honeywell International Inc.
? Valeo
? Paxton Automotive
? Mitsubishi Heavy Industries
? A & A Corvette
? IHI Corporation
? Duryea Technologies