Product Code: AMIN2310
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:
- By Product Type: Based on the Product Type, Global Automotive Charge Air Cooler Market is segmented as; Air-cooled Charge Air Cooler, Liquid-cooled Charge Air Cooler.
- By Fuel Type: Based on the Fuel Type, Global Automotive Charge Air Cooler Market is segmented as; Diesel, Gasoline.
- By Vehicle Type: Based on the Vehicle Type, Global Automotive Charge Air Cooler Market is segmented as; Heavy Commercial Vehicles, Light Commercial Vehicles, Passenger Vehicle, Others.
- By Material: Based on the Material, Global Automotive Charge Air Cooler Market is segmented as; Aluminum, Copper, Stainless Steel, Others.
- By Region: The sector was led by Asia Pacific, which also contributed the majority of worldwide income. Asia Pacific is home to some of the world's fastest-growing economies and populations, including China and India. The economies and industries of Asia are developing, which is driving up demand for goods like automobiles. Some of the biggest automakers in the world are found in nations like Japan and South Korea. Over the forecast period, North America is expected to develop at the fastest CAGR. The largest automotive market in North America is found in the United States. In the United States, the auto industry is developed.
Table of Contents
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