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Photographed in the UK, this 1986 Hyundai Pony is an example of the model that Hyundai marketed in the U.S. as the first-generation Excel. Photo by Charles01 (posted in Wikimedia Commons). If you’re old enough to have been around and aware in 1985 when the first-generation Hyundai Excels started arriving in the U.S with a bargain-basement sticker price of $4,995—incredible even then for a brand new car—you’re well aware of what a long way Korean automakers have come in the last 30 years. 

Muscle-car V8s boasted impressive power for their day. But thanks to engineering advances, some 4-cylinder engines of today can rival their power.  Photo: Christopher Ziemnowicz  (released to the Public Domain). For the past several years, the automotive media has been packed with commentary about a "horsepower renaissance," with four-cylinder motors of today boasting horsepower figures that could embarrass ginormous V8 engines from the peak of the muscle-car era. Driven by advances in automotive engineering, horsepower has been touted as a selling point, at least to consumers with "enthusiast tendencies." But is interest in horsepower now on the wane?

A suipercharged V8 engine in a vintage 1968 AMC AMX,  ready for dragstrip racing. Photo by Christopher Ziemnowicz  (posted to Wikipedia). 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.

The " 2018 North America Automotive Market - Emerging Dynamics and Future of North America Passenger Cars and Commercial Vehicles " report has been added to ResearchAndMarkets.com's offering. The North American automobile market continues to record steady growth. The presence of leading manufacturers and consumption markets is driving the market value of the region. A boost in M&A activities, site relocations, integration operations are being increasingly observed in the region. The economic growth of the region has a direct impact on the sales of passenger cars and commercial vehicles. Manufacturers are aiming to strengthen their self sufficiency across the value chain.