Global Automotive E-Boosting System Market Size By Engine, By Vehicle Type, By Geographic Scope And Forecast

Automotive E-Boosting System Market Size And Forecast

Automotive E-Boosting System Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2023 to 2030.

Thinking about the future of car tech? This Global Automotive E-Boosting System Market report gives you the full picture for what's ahead. We've broken it down into sections and looked at the big trends and things that are really making a difference. What's driving the growth of Automotive E-Boosting Systems? Well, electric and hybrid cars are getting super popular, and vehicles are getting smarter all the time. Demand is up for engine management systems, plus there are tougher rules about emissions and fuel efficiency. And let's not forget – more cars are being made worldwide, all pushing this market forward!

Global Automotive E-Boosting System Market Definition

An Automotive E-Boosting System can be referred to as a technology encompassing a conventional turbocharger supplemented by an Electric Powered Compressor (EPC). The electric-powered compressor in the e-boosting system improves the boost pressure and the transient engine response particularly at low RPMs and after gear shifts, which helps in reducing fuel consumption and emissions.

Some of the major benefits offered by the e-boosting system are Emissions reduction, Dramatic reduction of turbo lag, Overall ICE thermal efficiency improvement, Fuel consumption reduction, Gear shifting lag reduction, Torque increase at low RPMs, and Improvement of the car’s driving experience.

E-boosting technology is no doubt a big breakthrough in the automotive industry. It not only improves the overall ICE efficiency but also delivers big advantages to the driving experience such as a reduction in turbo lag and high torque at low RPMs. Since this is a new technology in the market, it requires considerable testing and calibration to ensure optimum performance and safety standards.

Global Automotive E-Boosting System Market Overview

As the global economy has recovered strongly after the year 2020, car sales have rebounded too. There is a rising demand for passenger cars, including economy and family, minivans and SUVs, as well as sports and luxury cars. Steady improvement in the macroeconomic condition, rising consumer demand, and increasing GDP of the various countries have contributed positively to the Automotive E-Boosting System Market.

The EU is among the world’s biggest producers of motor vehicles and the sector represents the largest private investor in research and development (R&D). European automotive investment in R&D has increased by 6.1% to reach USD 69.6 billion annually. The region is a global leader in patents for self-driving vehicles, accounting for 33.3% of all applications. Countries such as Germany, the UK, France, and Italy have a strong automotive sector. Germany is one of the strongest countries in the world when it comes to high-tech automotive products, 4.6 million vehicles were produced in 2019.

However, augmented demand for electric vehicles in the region is actively contributing to the growth of the automobile sector which in turn is likely to affect the market growth. The uptake of electric cars and vans significantly increased in 2020. In Europe, Electric car registrations for the year were close to 1,325,000 units, up from 550,000 units.

Global Automotive E-Boosting System Market Segmentation Analysis

The Global Automotive E-Boosting System Market is segmented on the basis of Engine, Vehicle Type, And Geography.

Automotive E-Boosting System Market, By Engine

• Gasoline
• Diesel

Based on Engine, The market is segmented into Gasoline and Diesel. The demand for diesel engines is expected to decline in coming years, owing to the rise in the stringency of emission norms and increased emphasis by governing bodies all across the globe on the production and the adoption of hybrid and electric vehicles.

Automotive E-Boosting System Market, By Vehicle Type

• Passenger Vehicles
• Commercial Vehicles

Based on Vehicle Type, The market is segmented into Passenger Vehicles and Commercial Vehicles. The rising consumer demand for fuel economy & enhanced performance is one of the major factor likely to drive the Automotive E-Boosting System Market

Automotive E-Boosting System Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Geography, The Global Automotive E-Boosting System Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.  Among all of the regions, Asia Pacific region is expected to grow significantly over the forecast period. China is one of the largest vehicle manufacturers and has the presence of key OEMs and engine suppliers.

Key Players

The “Global Automotive E-Boosting System Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Valeo, BorgWarner Inc., GKN Automotive, and more. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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We dig deep into the market, using both numbers and broader trends to understand different customer groups. You'll get market value (in USD Billion!) for every segment and sub-segment. We'll also point out the region and segment that's set to explode with the fastest growth and which ones are already on top. We break down each geographical area, looking at how much of the product/service is being used and what's driving the market there. You'll see a competitive landscape showing where the big players rank, plus their new products, partnerships, expansions, and acquisitions from the last five years. We give you extensive company profiles with overviews, insights, product comparisons, and SWOT analyses for the major players. We cover both the current and future outlook, highlighting recent developments, growth opportunities, drivers, challenges, and restraints in both up-and-coming and established regions. Expect a thorough look at the market from all angles using Porter's five forces analysis, and we'll even give you insight into the market through a Value Chain perspective. Finally, we’ll walk you through the market dynamics and future growth opportunities. And, as a bonus, you get 6 months of post-sales analyst support.

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