Global Automotive Heat Exchanger Market 2024-2028
The automotive heat exchanger market is forecasted to grow by USD 9132.5 mn during 2023-2028, accelerating at a CAGR of 6.63% during the forecast period. The report on the automotive heat exchanger market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by heavy dependence on IC engines for mobility in emerging countries, increasing sales of passenger cars, and increasing government regulations for adoption of efficient HVAC in vehicles.
Technavio's automotive heat exchanger market is segmented as below:
By Application
- Passenger cars
- LCVs
- M and HCVs
By Type
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increase in demand for lightweight and compact heat exchangers as one of the prime reasons driving the automotive heat exchanger market growth during the next few years. Also, increase in the popularity of brazed copper heat exchangers and increasing popularity of fuel-efficient cars will lead to sizable demand in the market.
The report on the automotive heat exchanger market covers the following areas:
- Automotive heat exchanger market sizing
- Automotive heat exchanger market forecast
- Automotive heat exchanger market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive heat exchanger market vendors that include Alfa Laval AB, API Heat Transfer Inc., Be Cool Radiators, Clizen Inc., Conflux Technology Pty Ltd., Constellium SE, BorgWarner Inc., Granges AB, Haugg Kuhlerfabrik GmbH, Hisaka Works Ltd., HongDao Automotive Parts Co. Ltd., MAHLE GmbH, Modine Manufacturing Co., Nissens Group, Senior Plc, Southwest Radiator Inc., Spectra Premium Industries Inc., Valeo SA, Vibrant Power Inc., and Vikas Group. Also, the automotive heat exchanger market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.