Dublin, Dec. 02, 2021 (GLOBE NEWSWIRE) -- The "Automotive Supercharger Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global automotive supercharger market reached a value of US$ 7.73 Billion in 2020. Looking forward, the publisher expects the market to reach a value of US$ 9.96 Billion in 2026.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
An automotive supercharger is an air compressor or blower that increases the pressure or density of air supplied to an internal combustion engine (ICE) and enhances air mass drawn into cylinders. This helps to burn more fuel during each intake stroke of the engine.
An automotive supercharger generally acquires power through the belt, gear, shaft and chains connected to the crankshaft of the engine. It is widely utilized in high-end vehicles, sports cars and motorcycles to maximize power output, reduce exhaust emissions and improve acceleration capability.
The escalating demand for downsizing the engine, in confluence with the increasing fuel efficiency of vehicles, represents one of the key factors stimulating the global automotive supercharger market growth.
Moreover, due to the growing environmental concerns, governments of numerous countries are implementing stringent regulations on carbon dioxide (CO2) emissions. Consequently, several automotive manufacturers are incorporating superchargers in passenger cars and light-duty trucks to maximize their performance and fuel efficiency.
Apart from this, the growing popularity of electric automotive superchargers in hybrid vehicles for reducing the overall cost acts as another growth-inducing factor.
However, lockdowns imposed by the governments of several countries due to the rapidly increasing cases of the coronavirus disease (COVID-19) have disrupted the supply chains and temporarily halted the operations of various manufacturing units. As a result, the market has been negatively impacted, but it is expected to revive once lockdown measures are relaxed and normalcy is regained.
Key Questions Answered in This Report:
How has the global automotive supercharger market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global automotive supercharger market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the drive type?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global automotive supercharger market and who are the key players?
What is the degree of competition in the industry?
The report has also analysed the competitive landscape of the market with some of the key players being
A&A Corvette Performance Ltd.
Federal-Mogul (Tenneco Inc.)
Ferrari N.V. (Exor)
Ford Motor Company
Honeywell International Inc.
Mitsubishi Heavy Industries Ltd.
Pagani Automobili S.p.A. (Horacio Pagani SPA)
Porsche AG (Volkswagen AG)
Rotrex A/S (Formkon Holding ApS)
Key Market Segmentation
Breakup by Component:
Breakup by Technology:
Breakup by Drive Type:
Engine Driven Superchargers
Electric Motor Driven Superchargers
Breakup by Vehicle Type:
Breakup by End User:
Breakup by Region:
Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/5lx00i
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900