Global Automotive Charge Air Cooling System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Automotive Charge Air Cooling System market size was valued at USD 14300 million in 2023 and is forecast to a readjusted size of USD 20090 million by 2030 with a CAGR of 5.0% during review period.
The Automotive Charge Air Cooling System is used to maintain and cool the temperature of intake air after it passes through the compressor preceding the engine intake manifold for improved fuel economy and increased power.
The global automotive charge air cooling system market refers to the industry involved in the production, distribution, and sales of charge air cooling systems used in automotive applications. Automotive charge air cooling systems are designed to cool down the compressed air generated by turbochargers or superchargers before it enters the engine’s intake manifold.
Factors Driving the Market Growth:
Stringent emissions regulations: Governments worldwide are implementing stringent emissions regulations, which require automakers to reduce the emissions produced by their vehicles. Charge air cooling systems help optimize engine performance and combustion efficiency, leading to lower emissions. The demand for these systems is driven by the need to comply with these regulations.
Growing demand for fuel-efficient vehicles: With the increasing focus on sustainability and fuel efficiency, there is a growing demand for vehicles with improved fuel economy. Charge air cooling systems contribute to better engine efficiency by reducing the intake air temperature, resulting in enhanced fuel combustion and reduced fuel consumption.
Increasing popularity of turbocharged engines: Turbocharging technology has gained significant popularity in the automotive industry. Turbocharged engines require effective charge air cooling systems to maintain optimal operating conditions and prevent overheating. The growing adoption of turbocharged engines stimulates the demand for charge air cooling systems.
Advancements in cooling system technologies: Manufacturers are constantly investing in research and development to improve the performance and efficiency of charge air cooling systems. Advancements in materials, designs, and manufacturing techniques result in more efficient and compact systems, driving market growth.
Vehicle electrification and hybridization: As the automotive industry moves towards electrification and hybridization, charge air cooling systems are also evolving. Hybrid and electric vehicles with internal combustion engines often incorporate charge air cooling systems to enhance engine performance during hybrid mode or when the internal combustion engine is used.
Regional Market Trends: The demand for automotive charge air cooling systems varies across different regions globally. Key market regions include North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific, specifically China and India, dominates the market due to the significant presence of the automotive manufacturing sector. Europe and North America also represent substantial shares, driven by stringent emissions regulations and the presence of major automakers.
Competition and Key Players: The market for automotive charge air cooling systems is highly competitive, with several global and regional players. Key players in the global market include Valeo, Mahle, Denso, Modine Manufacturing Company, BorgWarner, AKG Thermal Systems, NRF, Nissens Automotive, Calsonic Kansei Corporation, and T.RAD, among others. These companies are known for their expertise in thermal management solutions and offer a wide range of charge air cooling systems to cater to the diverse needs of the automotive industry.
The global automotive charge air cooling system market is witnessing steady growth, driven by factors such as stringent emissions regulations, demand for fuel-efficient vehicles, growing popularity of turbocharged engines, advancements in cooling system technologies, and vehicle electrification trends. Manufacturers continue to innovate and develop advanced charge air cooling systems to meet the evolving requirements of the automotive industry.
The Global Info Research report includes an overview of the development of the Automotive Charge Air Cooling System industry chain, the market status of Passenger Car (Gasoline Engine, Diesel), Commercial Vehicle (Gasoline Engine, Diesel), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Automotive Charge Air Cooling System.
Regionally, the report analyzes the Automotive Charge Air Cooling System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Automotive Charge Air Cooling System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Automotive Charge Air Cooling System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Automotive Charge Air Cooling System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Gasoline Engine, Diesel).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Automotive Charge Air Cooling System market.
Regional Analysis: The report involves examining the Automotive Charge Air Cooling System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Automotive Charge Air Cooling System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Automotive Charge Air Cooling System:
Company Analysis: Report covers individual Automotive Charge Air Cooling System manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Automotive Charge Air Cooling System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Car, Commercial Vehicle).
Technology Analysis: Report covers specific technologies relevant to Automotive Charge Air Cooling System. It assesses the current state, advancements, and potential future developments in Automotive Charge Air Cooling System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Automotive Charge Air Cooling System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Automotive Charge Air Cooling System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Gasoline Engine
Diesel
Others
Market segment by Application
Passenger Car
Commercial Vehicle
Major players covered
Modine Manufacturing Company
MAHLE GmbH
Thermal Dynamics, LLC
Kelvion Holding GmbH
Valeo Group
Hanon Systems
HELLA GmbH & Co. KGaA
Nissens
AKG Thermotechnik International GmbH & Co. KG
Denso
Behr Hella Service
BorgWarner
NRF
T.RAD
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Charge Air Cooling System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Charge Air Cooling System, with price, sales, revenue and global market share of Automotive Charge Air Cooling System from 2019 to 2024.
Chapter 3, the Automotive Charge Air Cooling System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Charge Air Cooling System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Automotive Charge Air Cooling System market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Charge Air Cooling System.
Chapter 14 and 15, to describe Automotive Charge Air Cooling System sales channel, distributors, customers, research findings and conclusion.