Global Automotive Supercharger Market: Key Highlights
Global Automotive Supercharger Market: Key Market Dynamics
Global Automotive Supercharger Market: Regional Overview
The automotive supercharger market in Asia-Pacific region is projected to witness high demand due to the growing automotive sector. The growth in this region is mainly attributed to the increasing demand for luxury vehicles. Furthermore, stringent regulations imposed by the government to reduce fuel emissions have pushed the automotive manufacturers to improve their engines by installing superchargers. Asia-Pacific region has witnessed high usage of supercharges due to the presence of major automotive hubs in countries such as India, Japan, and China.
In Europe, the rising demand for high-end vehicles and sports cars has boosted the automotive supercharger market growth. The growing focus on luxury vehicles by automotive manufacturers present in countries such as Italy and Germany is further promoting the growth for automotive development.
Global Automotive Supercharger Market: Key Players Overview
Eaton is a diversified power management company, which provides energy-efficient solutions for electrical, hydraulic, and mechanical power. It operates through the following segments: electrical products, electrical systems and services, hydraulics, aerospace, vehicle, and eMobility. In October 2019, The company has announced its new TVS R2650 supercharger to boost the new Ford Mustang Shelby GT500 which provides up to 12 psi of boost and helps to produce 760 horsepower and 625 lb.-ft. of torque, thus resulting in the most powerful street-legal Ford ever and a torque-dense supercharged production V8 engine in the world.
Valeo is a France based company that manufactures and designs automotive components. The Company offers engine cooling parts, clutches, electrical systems, lighting, motors, windshield wipers, and actuators, security systems, electronics, and connective systems.
In April 2016, Valeo has won Automotive News PACE (Premier Automotive Suppliers' Contribution to Excellence) awards for its electric supercharger.
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