Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive supercharger Market Research Report - F | Page 2

world is facing global fuel and natural resource crisis, thus it makes business sense from
the point of view of the auto makers, in manufacturing more fuel efficient and energy
efficient automobiles. The global automotive supercharger market is estimated to grow
with a CAGR of approx. 6% (2017 to 2023).
Automotive Supercharger Market by Segmentation:
On the basis of technology, the most widely used type is the centrifugal supercharger. The
air-fuel mixture enters this system through the central part, subsequently passing through
the diffuser, causing the air pressure to increase. Affordability and ease of installation make
this system very popular. On the basis of the source of power, the Internal Combustion
engine uses the supercharger system considerably more compared to the electric motor
variety. The mechanism of the supercharger aptly suits the IC engine functionality, which is
based on the combustion of fuel in the engine under pressure, and resultant release of high
amounts of energy. On the basis of fuel used, petrol engine uses the supercharger system
more, since the exhaust produced by the petrol engine is less (compared to diesel engine).
Thus, with the increased rpm of the engine, the connected supercharger increases the
vehicle power (unlike the diesel engine, which has to deal with the additionally generated
turbo lag).
Automotive Supercharger Market by Regions:
On the basis of region, the market is segmented into North America, Asia Pacific, Europe,
and Rest of the World. The North America market (countries such as the U.S. and Canada, in
particular) has seen a growing interest in SUVs and sports cars. These high-performance
automobiles are manufactured using the latest technology, including the supercharger
system to provide the added thrust to the automobile. The Asia Pacific market is said to be
the next automotive hub in the world with the rising income and purchasing power of the
middle class. India and China – the two global impact creating economies, are seeing a
trend of increasing demand for bigger and luxury cars with more emphasis on car
performance. Thus, the market in this region will see a huge growth in the near future. The
Europe region houses some of the most high profile and world-renowned automobile
manufacturers in the world who compete with one another based on the best vehicle
specification offered. This is the reason the Europe region has always held a strong
prospect for the growth of the supercharger system.
The report for Global Automotive Supercharger Market of Market Research Future
comprises of extensive primary research along with the detailed analysis of qualitative as
well as quantitative aspects by various industry experts, key opinion leaders to gain the
deeper insight of the market and industry performance. The report gives the clear picture
of current market scenario which includes historical and projected market size in terms of