How is the global Automotive Supercharger Market shaping up? What role has COVID-19 played in the market?
The report “ 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″ The global automotive supercharger market is projected to grow at a CAGR of 5.27% from 2017 to 2025, to reach a market size of USD 10.95 Billion by 2025 from USD 7.26 Billion in 2017. The major factors driving the growth of the automotive supercharger market are stringent fuel efficiency norms introduced by various governments, OEMs working towards engine downsizing, and rising disposable incomes leading to greater sales of high-end vehicles. Gasoline engine vehicles hold the largest market share in 2017 The gasoline engine vehicles hold the largest share of the automotive supercharger market. This is because gasoline engines do not produce the amount of exhaust gases that can be produced by diesel engines. T...