Been Blown Lately? If You’ve Got a Supercharger, You’re Part of a Market Headed Toward Nearly $11 Billion, Report Says
March 24, 2018
By Bill Hayward
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A suipercharged V8 engine in a vintage 1968 AMC AMX,
ready for dragstrip racing. Photo by Christopher Ziemnowicz
(posted to Wikipedia).
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When it comes to being blown, size apparently does matter—market size, that is. A market research report released recently by MarketsAndMarkets, a firm based in Pune, Maharashtra, India, the global automotive superchargers space will have a market size of $10.95 billion by the year 2025.
The report also sizes the supercharger market at $7.26 billion as of 2017, according to a statement from MarketsAndMarkets announcing the report. The automotive supercharger market is also projected to grow at a rate of more than 5 percent annually, the company states.
Of course, since superchargers are not relevant to electric vehicles, if the report is accurate, it’s just another piece of evidence that speculation about the near-term demise of the internal combustion engine is premature indeed.
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About The Author
Bill Hayward
Bill Hayward, a writer, marketer, and car enthusiast, is editor and publisher of AutoNewsblaster. Originally a native of the Maryland suburbs of Washington, D.C., he currently resides in South Central Pennsylvania. Contact: editor@autonewsblaster.com or 717-968-0883.