Market Leader - Automotive Supercharger Market
The automotive supercharger market is estimated to grow at a CAGR of 5.27% during the forecast period, to reach USD 10.95 Billion by 2025. The growth of the market can be attributed to the rising demand for an extra ounce of power that a supercharger provides to a smaller engine. The rising production of gasoline engine vehicles due to strict air emission standards and higher sales of high-end vehicles due to increased disposable incomes worldwide are some of the other factors driving the growth of the automotive supercharger market.
Increased demand for high-end vehicles and growing stringency of emission regulations have changed the market dynamics for automotive supercharger manufacturers. In addition, the leading OEMs are adopting varied strategies of collaboration, partnership, and mergers & acquisitions to expand their product portfolio and customer base. For example, in February 2018, Eaton collaborated with Callaway Cars-a tuning company that is well known for building Corvettes. With this collaboration, Callaway Cars increased the stock of 420 hp and 5,743 pound Yukon Denali to 560 hp and 553 lb-ft of torque using an Eaton 2,300 cc TVS supercharger with carbon fiber manifold covers. The key objective of this collaboration is to increase the engine power of the vehicle. A recent innovation is the introduction of the electric supercharger, which is not dependent on the vehicle’s engine and is driven by a separate electric motor.
The automotive supercharger market is dominated by a few global players and many regional players. The ecosystem of the automotive supercharger market includes research & development, raw material supply, assembly and manufacturing, system integration, marketing and sales, automotive manufacturing, end-users, and post-sales service. The report also profiles the most promising players in the automotive supercharger market. The competitive leadership mapping of this market presents an interesting picture of many big and small players. A few of the key players are Honeywell (US), Eaton (Ireland), Valeo (France), Mitsubishi Heavy Industries (Japan), and Federal-Mogul (US).
Eaton (Ireland) is a global supplier of automotive parts for the passenger and commercial vehicle markets, with a major focus on automotive supercharger systems. The company offers various kinds of automotive superchargers such as Diesel Supercharger, Electric Supercharger, etc. Eaton specifically manufactures advanced Roots technology superchargers as it is a tested and reliable technology. For example, in 2015, Eaton launched its electric supercharger range called the EAVS supercharger, which combines boosting, hybridization, and engine start/stop functionalities while delivering excellent performance and fuel economy. In August 2017, the company expanded its online business by partnering with ‘Superchargers Online,’ which is a leading distributor of superchargers and supercharger parts. ‘Superchargers Online’ has been named as the first Eaton Authorized Service Center in North America. This helps Superchargers Online to offer repair and rebuild services utilizing Eaton factory parts for OEM and aftermarket Eaton-based hybrid-roots superchargers.
Other major players in the automotive supercharger market are focusing on expanding their regional presence to achieve continuous and sustainable development. This is evident from several collaborations and joint venture projects these companies have undertaken in the recent years.
Related Reports:
Automotive Supercharger Market by Components, Technology (Centrifugal, Twin-Screw, Roots), Vehicle Type (PC, CV, Motorcycle), Fuel Type (Gasoline, Diesel), Power Source (Engine Driven, Electric Motor Driven), and Region - Global Forecast to 2025
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