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Automotive Heat Exchanger Market by Application, Design Type, Electric Vehicle Type, Off-Highway Vehicle, Vehicle Type, Region - Global Forecast to 2025

Automotive Heat Exchanger Market: Global Forecast until 2025

  • April 2018
  • 135 pages
  • ID: 5376200
In this report:
The automotive heat exchanger market in Asia Pacific is estimated to be the largest during the forecast period and is expected to grow from ##.## million units in 2017 to ##.## million units by 2025, at a CAGR of ##.##%, during the forecast period.
The radiators segment is expected to be the largest segment of the automotive heat exchanger market, growing from an estimated ##.## million units in 2017 to a projected ##.## million units by 2025, at a CAGR of ##.##%, during the forecast period.

Summary

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Rise in demand for HVAC system in high-end commercial vehicles and off-highway vehicles is anticipated to propel the industry for automotive heat exchangers in the next years

The overall automotive heat exchanger market is projected to be ~$19.2B in 2017 and is projected to extend ~$32.0B by 2025, increasing at a compound annual growth rate (CAGR) of ~6.6 percent from 2017 to 2025. The market increase is primarily influenced by the growing demand for HVAC system in high-end commercial vehicles and off-highway vehicles. Nevertheless, the growing demand for electric and hybrid vehicles is considered a restraint for the conventional engine cooling components including radiator, EGR cooler and intercoolers.

The intercooler segment is planned to be the fastest-growing segment, in terms of value significance, in automotive heat exchanger market, by application

The automotive heat exchanger market for intercoolers is forecasted to grow at the maximal rate during the estimate period. The increasing trend of engine downsizing without compromising performance and the increasing demand for high-performance vehicles are compelling vehicle manufacturers to take technologies including turbochargers and superchargers, which require intercoolers for their functioning.

The Passenger car segment is intended to be the biggest segment, in terms of value importance, in the automotive heat exchanger market, by vehicle type

By vehicle type, the passenger cars segment is forecasted to hold the biggest market share of the automotive heat exchanger market.The increase in production of passenger cars globally, strong demand for premium vehicles and SUVs, and high performance expectation from personal vehicles are driving the passenger car segment.

Furthermore, the overall demand for passenger cars is larger than that for commercial vehicles, and it is anticipated to grow further in the future. On top of, Elements such as the sizeable number of luxury light-duty vehicles in Europe (EU) and North America continent and the growing demand for these vehicles in the Asia Pacific area are rising the market demand for automotive heat exchangers.

Asia-Pac (APAC) is expected to be the quickest increasing regional market for automotive heat exchangers in terms of quantity

APAC is forecasted to be the quickest increasing sector for automotive heat exchangers during the outlook period.The territory is home to emerging economies including China and India as well as developed nations including Japan.

The increasing purchasing power of consumers has triggered the industry demand for automobiles in the area. The increasing number of luxury vehicles and the growing demand for commercial and off-highway vehicles are propelling the increase of automotive heat exchangers in the territory.

The market research includes industry insights specified by different market experts, ranging from automotive heat exchanger manufacturers to automobile OEMs and different automotive associations. The break-up of the primaries is like:

• By Company category: Tier I - 63.0 percent, Tier II - 25.0 percent and Original equipment manufacturers - 12.0 percent

• By Description: C-suite - 38.0 percent, D-suite - 37.0 percent and Other -25.0 percent

• By Area: Asia-Pac - 38.0 percent, EU - 12.0 percent, North America (NA) - 50.0 percent

Segment Research

The study includes the automotive heat exchanger market by application (Air condition system, Exhaust gas heat exchanger, Intercooler, Oil cooler, & Radiator), Design Type, Electric Vehicle Type (BEVs, HEVs, & PHEVs), Off-Highway vehicle, Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle) and area (Asia Pacific (APAC), Europe (EU), North America continent, and Rest of the globe).

Why Purchasing This Study Can Help You:

The analysis offers business insights into the following parts:

• business entry: The market research offers comprehensive business information on heat exchangers provided by the top actors in the sector for the automotive market.

• Product Development/Innovative products: The industry report offers in-depth understanding into up-on-coming technologies, Research&development activities, and recent product launches in the automotive heat exchanger market.

• Market Development: The study affords Exhaustive information about heat exchanger market for automotive. The analysis examines the sector for automotive heat exchangers across localities and offers highlighted information about profitable emerging sectors.

• industry diversification: The market research offers complete information about emerging trends, market forces, and market investments in the overall heat exchanger market for automotive.

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