PUBLISHER: Value Market Research | PRODUCT CODE: 1342909
PUBLISHER: Value Market Research | PRODUCT CODE: 1342909
The global demand for Automotive Charge Air Cooler Market is presumed to reach the market size of nearly USD 13.31 BN by 2030 from USD 6.02 BN in 2022 with a CAGR of 9.22% under the study period 2023 - 2030.
Automotive charge air cooler is commonly used to cool compressed air before it enters the engine intake manifold and combustion chambers. Automotive charge air cooler's main purpose is to reduce the air inlet temperature, thereby increasing air density and consequently boosting engine efficiency and reducing the emission of NOx. Automotive charge air cooler is available in various designs, including tubes and fins, webs and plates. Automotive charge air cooler is also used in multiple applications such as HVAC, automotive, and other industrial cooling.
The growing penetration of turbochargers in passenger cars and the implementation of high-performance engines are critical factors escalating the demand for automotive charge air coolers in the forecast period. Moreover, technological advancements and modernization of manufacturing techniques will create new opportunities for automotive charge air cooler market manufacturers during the forecast period. Furthermore, a rise in demand for fuel-efficient vehicles coupled with an increase in emphasis on emission to minimize carbon emission is projected to boost the demand for automotive charge air coolers. However, the increase in the use of battery electric vehicles is the major factor limiting the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive charge air cooler. The growth and trends of automotive charge air cooler industry provide a holistic approach to this study.
This section of the automotive charge air cooler market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Automotive Charge Air Cooler market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive charge air cooler market include MAHLE GmbH (Germany), T. RAD Co. Ltd. (Japan), Dana Incorporated (US), Valeo (France), and Modine Manufacturing Company (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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