자동차용 슈퍼차저 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2024-2029년)

The Automotive Supercharger Market size in terms of Equal-4.89 is expected to grow from USD 8.55 billion in 2024 to USD 10.86 billion by 2029, at a CAGR of 4.89% during the forecast period (2024-2029).

Over the long term, the enhancement in the automotive supercharger technology to provide higher-power output to engines, better efficiency, and the growing demand for fuel-efficient and lightweight components will serve as major determinants for the growth of the automotive supercharger market across the world. Further, the government's aggressive push towards the adoption of new-energy vehicles will witness the integration of various liquefied petroleum (LPG), compressed natural gas (CNG), and hydrogen-based vehicles in the market, which will positively impact the demand for advanced supercharger systems, as manufacturers will increasingly prefer to integrate high powered engines in these vehicle models.

According to the European Automobile Manufacturers' Association (ACEA), 36.4% of all new cars registered in the European Union were petrol-based, while diesel accounted for 16.4% of registrations in 2022.

However, the rising adoption of electric vehicles, owing to the increasing consumers' preference towards availing carbon-neutral vehicles, is serving as a major deterrent to the growth of the automotive supercharger market, as electric vehicles do not possess regular internal combustion engines. Coupled with that, strict government regulations to ban petrol and diesel-based cars will negatively impact the demand for superchargers in the coming years.

For instance, in March 2023, the European Union approved a new law requiring that all new cars and vans sold in Europe must be zero-emission by 2035.

Moreover, with the rising electrification of vehicle fleets, automakers are shutting down their respective production bases. For instance, In November 2022, Stellantis announced the closure of its Fiat Powertrain Technologies (FPT) engine plant in Campo Largo, Brazil, which was announced due to the company's aim to achieve zero emissions by 2038.

Various automakers are extensively strategizing to pivot towards the development of diesel-based superchargers as they can be extensively used in diesel-operated commercial vehicles such as buses, pickup trucks, and vans, among others. The Asia-Pacific region is anticipated to become the fastest-growing market for automotive superchargers during the forecast period, owing to the increasing diesel vehicle sales expected in countries such as India and China. North America, Europe, and Asia-Pacific regions dominate the global automotive supercharger market due to the presence of leading automakers in these regions which are constantly strategizing to offer lightweight, high-power, and efficient engines to customers and the subsequent demand for luxury vehicles in these regions.

Automotive Supercharger Market Trends

Passengers Cars Segment to Dominate the Market during the Forecast Period

The familiarity with internal combustion engine (ICE) passenger cars and the lack of electric vehicle charging infrastructure in many emerging countries hampers the penetration of EVs. Hence, consumers still prefer availing of ICE-powered cars, which in turn leads to constant innovations in the engine systems of these vehicles to offer higher-powered and more efficient vehicles to customers. Therefore, the increasing demand for higher-powered passenger cars contributes to the surging demand for automotive superchargers across the world. For instance,

In 2022, the share of petrol cars in the overall passenger car sales in India touched 68%, while diesel cars accounted for 19% of the overall sales in the market. Similarly, in Greece, sales of petrol cars accounted for 71.3% of the overall car sales in 2022, while diesel-operated cars accounted for 17.42% during the same period.

Supercharger manufacturers try to stay ahead of the competition by building the most compact products that are lightweight, have greater power output, and have a higher fuel economy. Moreover, these manufacturers are constantly working towards downsizing their supercharger offerings to assist in decreasing the overall curb weight of the vehicle and reducing emissions.

Furthermore, the production of high-powered engines is witnessing a massive surge due to the increasing adoption of luxury vehicles, which, in turn, assists the demand for superchargers. For instance, sales of luxury brands, such as BMW, Mercedes-Benz, and Audi, touched 2.4 million units, 2.07 million units, and 1.61 million units, respectively, in 2022. Engine manufacturers are expanding their business potential to meet the rising demand for gasoline and diesel vehicle sales across the geography. For instance:

In November 2022, French automotive giant Renault Groupe discussed its plans to focus on producing IC engines during its longer-term vision. The company has signed a non-binding framework agreement with GeelyHoldings for establishing production units, supply power trains, and IC engines for upcoming mild hybrid and IC engine vehicles.

In April 2022, Toyota announced an investment of USD 383 million in four of its US manufacturing plants to support the production of its four-cylinder engines, including hybrid electric vehicles. In addition, Toyota Alabama in Huntsville plant received USD 222 million to expand 114,000 sq ft and install a new four-cylinder production line to produce engines for both combustion and hybrid electric powertrains.

With the rapid enhancement in engine technology and the rising demand in the aftermarket, there will exist a massive demand for automotive superchargers during the forecast period.

Asia-Pacific Region to become the Fastest Growing Market during the Forecast Period

Asia-Pacific is expected to become the fastest-growing market, as almost 50% of the vehicles sold globally are from this region due to the presence of major automotive hubs like China, India, and Japan, which is further anticipated to grow in the coming years. The need for higher-powered engines has been increasing year-on-year. Asia has witnessed a change in the trend toward downsizing engines, wherein equipping a V6 with a supercharger is found to be more efficient than equipping a vehicle with a V8 engine.

Further, the Asia-Pacific region is witnessing impressive vehicle sales, which have taken the overall engine and, subsequently, supercharger demand on the positive side. For instance:

According to the China Association of Automobile Manufacturers (CAAM), total passenger car sales in October 2023 touched 248.8 thousand units, showcasing a Y-o-Y growth of 11.4% compared to the same period in 2022. Subsequently, total passenger car sales between January and October 2023 touched 2,066.4 thousand units, witnessing a Y-o-Y growth of 7.5% compared to the same period in 2022.

Similarly, passenger car sales in India touched 341,377 units in October 2023, compared to 291,113 units in October 2022, representing a Y-o-Y growth of 17.2%. Simultaneously, according to the Japan Automotive Dealers Association and Japan Light Motor Vehicle and Motorcycle Association, in October 2023, sales with engine displacements above 660cc increased 14.9% to 243,144 units, while vehicles with engine displacements below 660cc increased 4.7% to 154,528 units compared to the previous month.

OEMs have been focusing on developing technologically advanced powered engines to gain high torque and performance, which is being catered to by integrating advanced superchargers in these vehicles. The emergence of multi-fuel engine technology is expected to provide lucrative opportunities to the active players in the automotive supercharger market across the Asia-Pacific region during the forecast period.

Automotive Supercharger Industry Overview

The automotive supercharger market is fragmented and highly competitive due to the presence of various international and regional players operating in the ecosystem. Some of the major players include Eaton Corporation PLC, Mitsubishi Heavy Industries Ltd., IHI Corporation, Federal-Mogul Corporation, Ford Motor Company, Honeywell Inc., Vortech Engineering, Aeristech, and Daimler AG, among others. These players are actively engaged in investing hefty sums in their R&D activity for constant product innovation in the realm of superchargers. For instance, in December 2023, Hennessey, the Texas-based hypercar manufacturer and high-performance vehicle creator announced comprehensive upgrades for General Motor's V8-powered pickup trucks, which will be integrated with a supercharger to deliver 650 bhp and 658 lb-ft of torque. Further, the company stated that its supercharger is upgraded from its existing Sierra and Silverado's 6.2-liter V8 (L87 EcoTec3) lineup, which can increase horsepower over stock by 55%.

In July 2023, Whipple Superchargers announced that the launch of its 3.0-liter supercharger system for the 6.6-liter (L8T) V8 engine. This V8 gas engine produces 401 horsepower and 464 lb-ft of torque in stock form and is standard fitment on General Motors' Heavy Duty pickups like the GMC Sierra 2500 HD and 3500 HD. Further, the company stated that the newly developed supercharger has the capability of boosting the torque by an additional 236 lb-ft for a total of 700.

The market is anticipated to witness a rapid enhancement and launch of advanced diesel supercharger technology as these players try to gain a competitive edge in the industry.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

• 4.1 Market Drivers
  • 4.1.1 Increasing Demand for Luxury Vehicles to Foster the Growth of the Market
• 4.2 Market Restraints
  • 4.2.1 Rising Adoption of Electric Vehicles Deter Market Growth
• 4.3 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.3.1 Bargaining Power of Suppliers
  • 4.3.2 Bargaining Power of Buyers/Consumers
  • 4.3.3 Threat of New Entrants
  • 4.3.4 Threat of Substitute Products
  • 4.3.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION (Market Size in Value - USD)

• 5.1 By Technology
  • 5.1.1 Centrifugal Supercharger
  • 5.1.2 Roots Supercharger
  • 5.1.3 Twin-Screw Supercharger
• 5.2 By Fuel Type
  • 5.2.1 Gasoline
  • 5.2.2 Diesel
• 5.3 By Power Source
  • 5.3.1 Engine Driven
  • 5.3.2 Electric Motor Driven
• 5.4 By Sales Channel
  • 5.4.1 Original Equipment Manufacturer (OEM)
  • 5.4.2 Aftermarket
• 5.5 By Vehicle Type
  • 5.5.1 Passenger Cars
  • 5.5.2 Commercial Vehicles
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Rest of North America
  • 5.6.2 Europe
    • 5.6.2.1 Germany
    • 5.6.2.2 United Kingdom
    • 5.6.2.3 France
    • 5.6.2.4 Italy
    • 5.6.2.5 Rest of Europe
  • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 India
    • 5.6.3.3 Japan
    • 5.6.3.4 South Korea
    • 5.6.3.5 Rest of Asia-Pacific
  • 5.6.4 South America
    • 5.6.4.1 Brazil
    • 5.6.4.2 Argentina
    • 5.6.4.3 Rest of South America
  • 5.6.5 Middle East and Africa
    • 5.6.5.1 United Arab Emirates
    • 5.6.5.2 Saudi Arabia
    • 5.6.5.3 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Vendor Market Share
• 6.2 Company Profiles*
  • 6.2.1 Ferarri N.V.
  • 6.2.2 Eaton Corporation PLC
  • 6.2.3 Mitsubishi Heavy Industries Ltd.
  • 6.2.4 Koenigsegg Automotive AB
  • 6.2.5 Honeywell Inc.
  • 6.2.6 IHI Corporation
  • 6.2.7 Vortech Engineering
  • 6.2.8 Federal-Mogul Corporation
  • 6.2.9 A&A Corvette
  • 6.2.10 Rotrex A/S
  • 6.2.11 Aeristech
  • 6.2.12 Daimler AG
  • 6.2.13 Ford Motor Company

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

• 7.1 Rapid Enhancement in Diesel Supercharger Technology Fuels the Market Demand