PUBLISHER: Market Research Future | PRODUCT CODE: 1503273
PUBLISHER: Market Research Future | PRODUCT CODE: 1503273
Global Automotive Charge Air Cooler & Heat Exchanger Market Research Report Information By Vehicle Type (Passenger Cars, LCV, HCV), By Material (Aluminum, Stainless Steel, Copper, Others), By Fuel Type (Gasoline, Diesel), By Component (Engine Radiator, Condenser, Evaporator, Oil Cooler, Heater, Charge Air Cooler, Exhaust Gas Heat Exchanger), By Design Type (Fin & Tube, Bar & Plate, Others), And By Region (North America, Europe, Asia-Pacific, and Rest of the World) - Industry Forecast Till 2030
The market size for automotive charge air coolers and heat exchangers was estimated at USD 23498.0 million in 2022. During the research period, the Automotive Charge Air Cooler & Heat Exchanger market industry is anticipated to grow at a compound yearly growth rate (CAGR) of 3.9%. Within the automotive sector, the charge air cooler and heat exchanger market are one of the largest and fastest-growing segments globally.
These are essential parts of a car's cooling system, which aids in preserving ideal operating temperatures and enhances the car's effectiveness and performance. Due to the growing need for the adoption of strict emission standards and technological improvements in automotive charge air cooler and heat exchanger systems, the global market for these products is anticipated to increase in the years to come. A few other issues facing the market are the high cost of heat exchanger and charge air cooler technologies, as well as integration difficulties. However, the rising demand for electric and hybrid vehicles presents enormous development potential for automotive heat exchangers and charge air coolers.
The worldwide automotive charge air cooler and heat exchanger market is expanding because of the implementation of stricter emission laws and regulations. As environmental concerns have grown, governments all around the world have imposed stringent emission standards for cars. In order to ensure compliance with these rules and reduce emissions, the automobile charge air cooler and heat exchanger are essential components. Prior to entering the engine's combustion chamber, compressed air from the supercharger or turbocharger is cooled by a charge air cooler. This aids in raising air density, which permits more effective combustion and improved engine performance.
Analysis of Market Segments
Based on vehicle type, fuel type, material, component, design, and geography, the automotive charge air cooler and heat exchanger market has been divided into distinct segments.
The market has been divided into passenger cars, LCVs, and HCVs based on the kind of vehicle.
The market has been divided into segments according to material, including copper, stainless steel, aluminum, and others.
The automotive charge air cooler and heat exchanger market has been divided into two segments based on fuel type: gasoline and diesel.
Engine radiators, condensers, evaporators, oil coolers, heaters, charge air coolers, and exhaust gas heat exchangers are the market segments based on component.
The market has been divided into fin and tube and bar and plate segments based on the type of design.
Regional Perspectives
Brazil, South Korea, China, Japan, India, Australia, Germany, France, UK, Italy, and Spain. With a 47.9% market share in 2022, Asia-Pacific led the Automotive Charge Air Cooler & Heat Exchanger Market. North America and Europe followed with roughly 17% each, but developing nations like China and India are expected to experience significant growth over the course of the forecast period.
With several notable developments and breakthroughs in the industry, the Asia-Pacific Automotive Charge Air Cooler & Heat Exchanger Market is growing rapidly. Effective car charge air coolers have become more and more necessary as demand for fuel-efficient vehicles has increased. One of the primary factors propelling this market's growth is the increasing prevalence of turbocharged engines in automobiles. The development of charge air coolers for the automobile industry is a major undertaking for numerous companies in the region. These companies focus on enhancing the efficiency and performance of charge air coolers by the incorporation of state-of-the-art technologies, such as microchannel technology, into their product lines.
Principal Players
The leading companies in the market are Valeo, Spectra Premium Mobility Solutions (Spectra Premium), Bell Intercoolers, T.RAD Co., Ltd., Banco Products (India) Ltd., Dana Limited, Vestas aircoil A/S, MAHLE GmbH, Conflux Technology Pty Ltd., and Modine Manufacturing Company.
SYSTEMS 45
BY VEHICLE TYPE 56
BY MATERIAL 59
BY FUEL TYPE 62
BY COPONENT 65
BY DESIGN 70
BY REGION 73
AIR COOLER, 2018-2030 78
COOLER, 2018-2030 84
AIR COOLER, 2018-2030 87
AIR COOLER, 2018-2030 96
AIR COOLER, 2018-2030 102
TYPE, 2018-2030 109
BY COMPONENT, 2018-2030 110
AIR COOLER, 2018-2030 111
AIR COOLER, 2018-2030 116
AIR COOLER, 2018-2030 119
AIR COOLER, 2018-2030 128
TYPE, 2018-2030 129
AIR COOLER, 2018-2030 131
TUBE, 2018-2030 131
BY COUNTRY, 2018-2030 133
TYPE, 2018-2030 133
TYPE, 2018-2030 134
BY COMPONENT, 2018-2030 135
AIR COOLER, 2018-2030 135
AIR COOLER, 2018-2030 139
TYPE, 2018-2030 143
AIR COOLER, 2018-2030 145
AIR COOLER, 2018-2030 148
AIR COOLER, 2018-2030 152
AIR COOLER, 2018-2030 159
BY VEHICLE TYPE, 2018-2030 160
BY HCV, 2018-2030 160
BY MATERIAL, 2018-2030 160
BY FUEL TYPE, 2018-2030 161
BY COMPONENT, 2018-2030 161
BY CHARGE AIR COOLER, 2018-2030 162
BY DESIGN, 2018-2030 162
BY FIN & TUBE, 2018-2030 162
(% SHARE) 133