Automotive Engine Booster Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
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The automotive engine booster is a force induction device that boosts the engine performance of the vehicle. The automotive engine booster becomes active when the vehicle starts and increases the efficiency of an internal combustion and its power output by forcing extra air into the combustion chamber. The automotive engine booster generates a PVA (Proton Vibration Alignment) field to significantly boost horsepower of the vehicle and enhance the combustion processes in the engine, while reducing fuel consumption, cost, and toxic gas emissions.
Rise in demand for advanced engine performance of the vehicle is expected to be a key factor that drives the demand for automotive engine booster during the forecast period. An automotive engine booster system provides higher power output by providing more oxygen to each intake cycle of the engine, letting it burn more fuel and do more work. The automotive engine booster reduces fuel consumption and gas emission, thereby making the vehicle more efficient. The automotive industry is estimated to witness an increase in adoption of the automotive engine booster system due to its technological advancements in engine performance. The automotive engine booster market provides lucrative opportunities owing to its various benefits such as ease of installation, where no mechanical programming or modification is required. However reaching boost threshold can cause some instability of the car. This is anticipated be a key factor that is likely to hamper the automotive engine booster market.
The automotive engine booster market can be segmented based on product type, compressor type, vehicle type, end-user, and region. Based on product type, the automotive engine booster market can be segmented into manual engine booster and electric engine booster. The manual engine booster segment holds a major share of the market as compared to the electric engine booster segment.
Based on compressor type, the automotive engine booster market can be segregated into supercharger and turbocharger. A supercharger derives power from driveshaft of the engine, while a turbocharger derives power from the exhaust gas of the engine. The turbocharger segment accounted for a prominent share of the automotive engine booster market.
Based on vehicle type, the automotive engine booster market can be classified into passenger vehicles and commercial vehicles. The passenger vehicles segment can be further sub-segmented into sedans, multi-purpose vehicles, and sport utility vehicles. The commercial vehicles segment is further split into lightweight commercial vehicles and heavy commercial vehicles. Based on end-user, the automotive engine booster market can be segmented into luxury cars, mid-segmented cars, and sports cars.
In terms of geography, the automotive engine booster market can be segmented into Asia Pacific, Europe, North America, Latin America, and Rest of the World (ROW). North America and Europe account for a major share of the global automotive engine booster market due to the booming automotive sector in these regions, leading to an increased number of vehicles installed with automotive engine booster. Countries in Asia Pacific, especially China, Japan, India, and South Korea are expected to witness an increase in demand for automotive engine booster in the automotive industry during the forecast period, due to the high adoption rate of automotive engine booster in the region.
Key players operating in the global automotive engine booster market are, ZF Friedrichshafen AG, Honeywell International Inc., IPC Works Ltd., Cummins Inc., Turbo Energy Private Limited, and Robert Bosch GmbH.
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