Global Automotive Charge Air Cooler Market Overview
According to SPER Market Research, the Global Automotive Charge Air Cooler Market is estimated to reach USD 6.09 billion by 2032 with a CAGR of 7.32%.
In order to reduce the temperature of the combustion air to a level most conducive to power production and fuel economy, charge air coolers are used. Reduced temperature and higher density air contribute to the engine's ability to produce the most power during combustion. Additionally, it lowers the amount of fuel needed. Both passenger and commercial vehicles use it. The desire for vehicles with improved engine power, lower emissions, and reduced fuel consumption, as well as a rise in the popularity of both passenger and commercial vehicles, are the driving forces behind the industry's expansion. Rising demand for fuel-efficient vehicles, increased emphasis on emissions to reduce carbon emissions, rising vehicle demand, consistent investments by automakers in research and development of affordable, environmentally friendly, and low toxic products with a long life, and rising research and development activities in the market are the main drivers escalating the market growth, among other factors. Additionally, in the forecast period, the expansion of technological developments, modernization of production methods, and an increase in demand from emerging economies will further generate new chances for the automotive charge air cooler market manufacturers.
Impact of COVID-19 on the Global Automotive Charge Air Cooler Market
The COVID-19 epidemic had a big effect on business. Auto manufacturing plants in Europe and the United States had been impacted by export at the start of the pandemic in China. One of the biggest crises in the automotive industry was highlighted by the closure of numerous large production sites and suppliers around the globe. Vehicle production has decreased as a result of COVID-19, and this decrease is inversely correlated with the drop in the market for automotive charge air coolers as a whole. On the other side, it is anticipated that the pandemic would assist the gasoline segment outpace diesel because diesel engines are expensive and their price is further increased by the introduction of new emission rules, particularly in light-duty cars. Additionally, COVID-19's effects would reduce purchasers' purchasing power, which might lead to the purchase of gasoline-powered automobiles rather than diesel-powered ones. Consequently, a trend in favor of gasoline engines is discernible. Consequently, there will be more opportunities for the market for automotive charge air coolers to expand.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Product Type, By Position, By Design, By Fuel Type, By Vehicle Type, By Material, By Sales Channel |
Regions covered | Asia Pacific, Europe, Middle East and Africa,North America, Latin America |
Companies Covered | AKG Group, Banco Products (India) Ltd., C, G, & J Inc., Dana Ltd., Delphi Technologies (BorgWarner Inc.), Dura-Lite Heat Transfer Products Ltd., Hanon Systems, Kelvion Holding GmbH, MAHLE GmbH, Modine Manufacturing Company, Radicon Company Ltd., Sterling Thermal Technology, T.RAD Co., Ltd., Valeo |
Global Automotive Charge Air Cooler Market Segmentation:
1. By Product Type:
- Air-cooled Charge Air Cooler
- Liquid-cooled Charge Air Cooler
2. By Position:
3. By Design:
4. By Fuel Type:
5. By Vehicle Type:
- Heavy Commercial Vehicles
- Light Commercial Vehicles
- Passenger Vehicle
- Others
6. By Material:
- Aluminum
- Copper
- Stainless Steel
- Others
7. By Sales Channel:
8. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Automotive Charge Air Cooler Market (FY’2019-FY’2032)
- Overview of Global Automotive Charge Air Cooler Market
- Segmentation of Global Automotive Charge Air Cooler Market By Product Type (Air-cooled Charge Air Cooler, Liquid-cooled Charge Air Cooler)
- Segmentation of Global Automotive Charge Air Cooler Market By Position (Integrated, Standalone)
- Segmentation of Global Automotive Charge Air Cooler Market By Design (Bar & Plate, Fin & Tube)
- Segmentation of Global Automotive Charge Air Cooler Market By Fuel Type (Diesel, Gasoline)
- Segmentation of Global Automotive Charge Air Cooler Market By Vehicle Type (Heavy Commercial Vehicles, Light Commercial Vehicles, Passenger Vehicle, Others)
- Segmentation of Global Automotive Charge Air Cooler Market By Material (Aluminium, Copper, Stainless Steel, Others)
- Segmentation of Global Automotive Charge Air Cooler Market By Sales Channel (Aftermarket, OEM)
- Statistical Snap of Global Automotive Charge Air Cooler Market
- Growth Analysis of Global Automotive Charge Air Cooler Market
- Problems and Challenges in Global Automotive Charge Air Cooler Market
- Competitive Landscape in the Global Automotive Charge Air Cooler Market
- Impact of COVID-19 and Demonetization on Global Automotive Charge Air Cooler Market
- Details on Recent Investment in Global Automotive Charge Air Cooler Market
- Competitive Analysis of Global Automotive Charge Air Cooler Market
- Major Players in the Global Automotive Charge Air Cooler Market
- SWOT Analysis of Global Automotive Charge Air Cooler Market
- Global Automotive Charge Air Cooler Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Automotive Charge Air Cooler Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Automotive Charge Air Cooler Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Charge Air Cooler Market
7. Global Automotive Charge Air Cooler Market, By Product Type, 2019-2032 (USD Million)
7.1 Air-cooled Charge Air Cooler
7.2 Liquid-cooled Charge Air Cooler
8. Global Automotive Charge Air Cooler Market, By Position, 2019-2032 (USD Million)
8.1 Integrated
8.2 Standalone
9. Global Automotive Charge Air Cooler Market, By Design, 2019-2032 (USD Million)
9.1 Bar & Plate
9.2 Fin & Tube
10. Global Automotive Charge Air Cooler Market, By Fuel Type, 2019-2032 (USD Million)
10.1 Diesel
10.2 Gasoline
11. Global Automotive Charge Air Cooler Market, By Vehicle Type, 2019-2032 (USD Million)
11.1 Heavy Commercial Vehicles
11.2 Light Commercial Vehicles
11.3 Passenger Vehicle
11.4 Others
12. Global Automotive Charge Air Cooler Market, By Material, 2019-2032 (USD Million)
12.1 Aluminum
12.2 Copper
12.3 Stainless Steel
12.4 Others
13. Global Automotive Charge Air Cooler Market, By Sales Channel, 2019-2032 (USD Million)
13.1 Aftermarket
13.2 OEM
14. Global Automotive Charge Air Cooler Market, By Region, 2019-2032 (USD Million)
14.1 Global Automotive Charge Air Cooler Size and Market Share by Region (2019-2025)
14.2 Global Automotive Charge Air Cooler Size and Market Share by Region (2026-2032)
14.3 Asia-Pacific
14.3.1 Australia
14.3.2 China
14.3.3 India
14.3.4 Japan
14.3.5 South Korea
14.3.6 Rest of Asia-Pacific
14.4 Europe
14.4.1 France
14.4.2 Germany
14.4.3 Italy
14.4.4 Spain
14.4.5 United Kingdom
14.4.6 Rest of Europe
14.5 Middle East & Africa
14.5.1 Kingdom of Saudi Arabia
14.5.2 United Arab Emirates
14.5.3 Rest of Middle East & Africa
14.6 North America
14.6.1 Canada
14.6.2 Mexico
14.6.3 United States
14.7 Latin America
14.7.1 Argentina
14.7.2 Brazil
14.7.3 Rest of Latin America
15. Company Profiles
15.1 AKG Group
15.1.1 Company details
15.1.2 Financial outlook
15.1.3 Product summary
15.1.4 Recent developments
15.2 Banco Products (India) Ltd.
15.2.1 Company details
15.2.2 Financial outlook
15.2.3 Product summary
15.2.4 Recent developments
15.3 C, G, & J Inc.
15.3.1 Company details
15.3.2 Financial outlook
15.3.3 Product summary
15.3.4 Recent developments
15.4 Dana Ltd.
15.4.1 Company details
15.4.2 Financial outlook
15.4.3 Product summary
15.4.4 Recent developments
15.5 Delphi Technologies (BorgWarner Inc.)
15.5.1 Company details
15.5.2 Financial outlook
15.5.3 Product summary
15.5.4 Recent developments
15.6 Dura-Lite Heat Transfer Products Ltd.
15.6.1 Company details
15.6.2 Financial outlook
15.6.3 Product summary
15.6.4 Recent developments
15.7 Hanon Systems
15.7.1 Company details
15.7.2 Financial outlook
15.7.3 Product summary
15.7.4 Recent developments
15.8 Kelvion Holding GmbH
15.8.1 Company details
15.8.2 Financial outlook
15.8.3 Product summary
15.8.4 Recent developments
15.9 MAHLE GmbH
15.9.1 Company details
15.9.2 Financial outlook
15.9.3 Product summary
15.9.4 Recent developments
15.10 Modine Manufacturing Company
15.10.1 Company details
15.10.2 Financial outlook
15.10.3 Product summary
15.10.4 Recent developments
15.11 Radicon Company Ltd.
15.11.1 Company details
15.11.2 Financial outlook
15.11.3 Product summary
15.11.4 Recent developments
15.12 Sterling Thermal Technology
15.12.1 Company details
15.12.2 Financial outlook
15.12.3 Product summary
15.12.4 Recent developments
15.13 T.RAD Co., Ltd.
15.13.1 Company details
15.13.2 Financial outlook
15.13.3 Product summary
15.13.4 Recent developments
15.14 Valeo
15.14.1 Company details
15.14.2 Financial outlook
15.14.3 Product summary
15.14.4 Recent developments
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.