Global Automotive Heat Exchanger Market Outlook, Opportunities And Strategies – Includes Automotive Heat Exchanger Market Forecast
Learn about the global automotive heat exchanger market through The Business Research Company, which provides information on automotive heat exchanger market size, automotive heat exchanger market drivers and restraints, automotive heat exchanger market players, the COVID-19 impact on the automotive heat exchanger market, and more.
The global automotive heat exchanger market size is expected to grow from $21.75 billion in 2021 to $24.10 billion in 2022 at a compound annual growth rate (CAGR) of 10.8%. The global automotive heat exchangers market size is expected to grow to $32.05 billion in 2026 at a CAGR of 7.4%.
The increasing production of commercial and passenger vehicles is significantly contributing to the growth of the automotive heat exchanger market.
The automotive heat exchanger market consists of sales of automotive heat exchangers by entities (organizations, sole traders, partnerships) that are used to remove heat from the automotive mechanical systems. The automotive heat exchanger is a device designed for the automobile industry that allows heat to be transferred between two mediums at different temperatures. The mediums consist of fluids that are separated by a material such as metals with heat transfer properties and flow close to each other.
Global Automotive Heat Exchanger Market Segments Include:
By Design Type: Tube Fin, Plate Bar, Others
By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle
By Electric Vehicle: Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV)
By Application: Radiators, Oil Coolers, Intercoolers, Air Conditioning Systems, Exhaust Gas Heat Exchangers, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the automotive heat exchanger market in 2021.
Product innovations have emerged as a key trend in the automotive heat exchanger market. Major companies operating in the automotive heat exchanger sector are focused on developing innovative heat exchangers to reinforce their position.
Major Market Players: DENSO Corporation, MAHLE GmbH, Valeo, Hanon Systems, Dana Limited, AKG Group, American Industrial Heat Transfer Inc., Alfa Laval AB, Banco Products (India) Ltd., Climetal S.L., Clizen Inc., Constellium SE, G&M Radiator, API Heat Transfer, and Robert Bosch GmbH.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Automotive Heat Exchanger Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automotive heat exchanger market overviews, analyzes and forecasts market size, share, automotive heat exchanger market players, automotive heat exchanger market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s automotive heat exchanger market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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