Automotive Engine Boosting System Market: Introduction

Automotive engine boosting systems are installed along with the engine to enhance the performance of the vehicle. These systems enable the vehicle to produce higher power output without increasing the size of engine.

The automotive engine boosting system market is matured and a large number of boosting systems are integrated into automotive engines to enhance the performance of vehicles without increasing the size of the engines

Global Automotive Engine Boosting System Market: Competitive Landscape

Continental AG, Cummins Inc., BorgWarner Inc., Eaton, MAHLE GmbH, and IHI Corporation are the leading manufacturers of automotive engine boosting systems. In July 2019, Borgwarner Inc. increased it production capacity of turbochargers to meet the demand in Brazil. The company also introduced the first-ever compact turbocharger, which is compatible with flex-fuel engines.

Continental AG

Continental AG was establish in 1871 and is headquartered in Hanover, Germany. Continental AG is a leading supplier of components in the automobile industry. The company operates through two major groups: automotive group and rubber group, which are further divided into various business verticals such as powertrain, chassis & safety, interior, tires, and services. The company has a global presence and operates through several offices across the Americas, Africa, Europe, and Middle East & Africa.

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IHI Corporation

IHI Corporation was founded in 1853 and is headquartered in Tokyo, Japan. The company serves multiple industries and has a wide product portfolio for the automotive industry. IHI Corporation has a worldwide presence and is known for its wide range of turbocharger portfolio. The company produces more than 50 million turbochargers every year and with a wide range that are compatible with compact cars, large trucks, and buses.

BorgWarner Inc.

BorgWarner Inc. was founded in 1880 and is one of the leading manufacturers of engine boosting systems. The company is headquartered in Auburn Hills, Michigan, the U.S. and has a global presence. It operates through 68 locations in 19 countries and employs around 30,000 people across the globe. The company sell its product through OEMs as well as aftermarket sales channels.

MAHLE GmbH

MAHLE GmbH is a leading company headquartered in Stuttgart, Germany, which manufactures automotive parts. The company has 80,000 employees worldwide. The MAHLE GmbH electric compressor was awarded the CLEPA Innovation Award 2019 by the European Association of Automotive Suppliers.

Global Automotive Engine Boosting System Market: Dynamics

Rise in Stringency of Emission Norms Leading to Engine Downsizing

Rise in stringency in emission norms is expected to drive the automotive engine boosting system market, as emission norms are compelling manufacturers to reduce the size of engines, which can be achieved through integration of engine boosting systems with the engine assembly such as turbochargers or superchargers.

Low import duty on vehicles with small engines is another major factor fueling the expansion of the automotive engine boosting system market. Moreover, the preference for performance-oriented vehicles is growing. Performance vehicles are equipped with engine boosters. Thus, this factor will propel the expansion of the automotive engine boosting systems market during the forecast period. Furthermore, Engine boosting systems improvise the fuel efficiency of a vehicle due to high combustion of fuels in the combustion chamber, thus augmenting the adoption of engine boosting systems in vehicles.

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Global Automotive Engine Boosting System Market: Segmentation

In terms of boosting systems, the global automotive engine boosting system market can be segmented into:

  • Turbocharger
  • Supercharger
  • E-booster

Based on electric vehicle type, the global automotive engine boosting system market can be divided into:

  • Plug-in Hybrid Electric Vehicle
  • Hybrid Electric Vehicle

On the basis of vehicle type, the global automotive engine boosting system market can be classified into:

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

The report on the global automotive engine boosting system market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on market segments and regions.    

Regional analysis of global automotive engine boosting system market includes:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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