Automotive Supercharger Market Industry Analysis and Forecast (2017-2024) _ by Component (Harmonic Balancers, Pulleys/Belts, Compressors, and Others), Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle and Motorcycles), Power Source (Engine Driven and Electric Motor Driven), Technology (Centrifugal, Roots and Twin-Screw), Fuel Type (Gasoline and Diesel), and Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)

Automotive Supercharger Market is expected to grow from USD 6.85 Billion in 2016 to USD 9.82 Billion by 2024, at a CAGR of 5.28 % between 2017 and 2024.

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Superchargers Improves engine output and easy to install, operate & maintain assembly and ultimately increases the engine output power. Factors expected to drive the market growth are increased demand for high-end vehicles, and increasing norms on fuel efficiency in developed and developing countries. Furthermore, OEMs are continuously working in the direction of engine downsizing all over the globe are expected to fuel the Automotive Supercharger Market growth.

Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the on component, vehicle type, power source, technology, fuel type, and geography to assist in strategic business planning.

Rising demand for high-end vehicles is expected to fuel the overall market. However, rising demand and production of electric and hybrid vehicles is estimated to restrain the market growth.

Gasoline Engine sub segment is expected to witness the significant growth of Fuel Type segment

Gasoline Engine is expected to lead the market growth in forecast period, various governments are working to curb air pollution, and implementing strict policies to initially reduce production of diesel engine vehicles across the globe. This is expected to fuel the rise of gasoline vehicle production all over the world as alternative solution for diesel vehicles. Furthermore, superchargers are suitable for a gasoline engine that does not emit a large amount of exhaust gases this phenomenon is expected to fuel the segment growth during forecast period.

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