Global Automotive Supercharger Device Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 3.7 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The automotive supercharger device market has been experiencing significant growth in recent years, driven by the increasing demand for high-performance vehicles and advancements in automotive technology. A supercharger, an integral component for boosting engine efficiency, has gained popularity among performance enthusiasts and automobile manufacturers. These devices help to increase the power output of an engine by forcing more air into the combustion chamber, resulting in better fuel combustion and overall engine performance.
One of the key factors driving the market is the rising popularity of electric vehicles (EVs) and hybrid cars. Superchargers, especially those in electric variants, are being incorporated into these vehicles to enhance their efficiency and provide greater acceleration. Additionally, the demand for sports cars, muscle cars, and luxury vehicles has created a favorable market environment for high-performance supercharger devices.
According to recent market data, the automotive supercharger market is expected to grow at a compound annual growth rate (CAGR) of 8.3% over the next decade. This growth is fueled by technological advancements in supercharger design, such as innovations in materials, compactness, and power density. Moreover, the increasing focus on reducing vehicle emissions and improving fuel efficiency is likely to contribute further to the market’s expansion.
The market is segmented into various types of superchargers, including roots, twin-screw, centrifugal, and electric superchargers. Roots and twin-screw superchargers dominate the market due to their widespread use in high-performance vehicles. Centrifugal superchargers, on the other hand, are gaining popularity in racing and motorsports due to their superior efficiency at higher RPMs. The introduction of electric superchargers is also opening up new avenues for market growth, particularly in hybrid and electric vehicle applications.
Moreover, companies are increasingly focusing on innovation and strategic partnerships to maintain a competitive edge in the market. Major players are developing new, more efficient supercharger models that offer improved performance, durability, and reduced weight. As consumer preferences evolve and the automotive industry continues to shift towards electric and hybrid vehicles, the automotive supercharger device market is expected to see substantial growth.
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A & A Corvette Performance
Magnuson
Paxton Automotive
Banks Power Company
BD Diesel Performance
LC Engineering
Whipple Supercharger
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Supercharger Device Market
OEM
Aftermarket
Based on Types the Market is categorized into Below types that held the largest Automotive Supercharger Device market share In 2023.
Twin-screw Supercharger
Centrifugal Supercharges
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Supercharger Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Supercharger Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Supercharger Device Market, By Type
6. Global Automotive Supercharger Device Market, By Application
7. Global Automotive Supercharger Device Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Supercharger Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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