Global Automotive Charge Air Cooler Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Automotive Charge Air Cooler Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global automotive charge air cooler market report has been segmented on the basis of product type, position type, vehicle type, fuel type, and region.
Global Automotive Charge Air Cooler Market: Overview
Automotive charge air cooler also known as an intercooler, is a critical part of automobiles and keep the engine cool after passed through a turbocharger.
Global Automotive Charge Air Cooler Market: Dynamics
Increasing vehicle demand and production activities coupled with government rules and regulations to reduce carbon emission, performance improvement, and enhance fuel efficiency are some of the major factors estimated to boost growth of the target market. For instance, Corporate Average Fuel Economy (CAFE) Standards, EURO standards, and BS VI norms regarding emission norms and enhance fuel efficiency, along with increasing penetration of turbochargers are some of the major factors expected to drive growth of charge air coolers in the automotive sector. In addition, increasing R&d activities to increase engine combustion efficiency, which is anticipated to create opportunities for the potential market.
The Recent trend observed in the target market is manufacturers are focusing on downsizing of engines, which expected to increase the fuel efficiency of the vehicles are some factors gaining momentum across the globe.
However, the high cost along with preference shifted towards electric vehicles may hamper growth of the global market over the forecast period.
Global Automotive Charge Air Cooler Market: Segment Analysis
Among the product type segments, the air-cooled charge air cooler segment is expected to account for considerable revenue share in the global market.
Among the position type segments, the standalone CAC segment is expected to account for significant revenue share in the global market.
Among the vehicle type segments, the passenger car segment is projected to register a significant growth rate over the forecast period.
Among the fuel type segments, the diesel segments are expected to account for higher revenue shares in the global market.
Global Automotive Charge Air Cooler Market: Regional Analysis
The market in Europe estimated to account for major share due to the high usage of diesel engine vehicles and strict emission norms of the European Commission. The market in North America and Europe accounts for a significant share in terms of revenue in the global market. Preference shifting towards developing more fuel efficient as well as emission-free vehicles, giving a new way for growth of the target market. The Asia Pacific automotive charge air cooler market accounts for the second highest revenue share in the global market and is expected to register a considerable growth rate in the next 10 years. Increasing vehicle production, stringent standards and regulations, technological advancements in the automotive production sector in developing countries such as China and India, which is estimated to boost the market growth. Moreover, rapid urbanization, industrialization, and a high standard of living are also expected to contribute significantly for growth of the target market.
Global Automotive Charge Air Cooler Market Segmentation
Segmentation by Product Type:
- Air-Cooled Charge Air Cooler
- Liquid-Cooled Charge Air Cooler
Segmentation by Position Type:
- Standalone CAC
- Integrated CAC
Segmentation by Vehicle Type:
- Passenger Vehicles
- Commercial Vehicles
Segmentation by Fuel Type:
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Calsonic Kansei Corporation
- Denso Corporation
- Dana Incorporated
- Hanon Systems
- Mahle GmbH
- RAD Co., Ltd.
- Valeo Group
- Modine Manufacturing Company
- Rochling Group
- Banco Products (I) Ltd.
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