According to our latest study on ” Automotive Supercharger Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Technology (Centrifugal, Twin-Screw, Roots); Fuel Type (Gasoline, Diesel); Vehicle Type (Passenger Cars, Commercial Vehicles, Motorcycle); Power Source (Engine Driven, Electric Motor Driven) and Geography”
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.
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Companies Profiled in this report includes: 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
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.
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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.
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