Automotive Radiator Market: Trends, Opportunities and Competitive Analysis

Automotive Radiator Market: Trends, Opportunities and Competitive Analysis

Automotive Radiator Market Trends and Forecast

The future of the global automotive radiator market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle. The global automotive radiator market is expected to reach an estimated $16.6 billion by 2027. The global automotive radiator market is forecast to grow at a CAGR of 6.8% by value from 2021 to 2027. The major driver of growth for this market is increasing production of passenger cars and light commercial vehicles.

Emerging Trends in the Automotive Radiator Market

Emerging trends, which have a direct impact on the dynamics of the industry, include development of full-aluminum radiators and environment-friendly radiators.

A total of 133 figures / charts and 96 tables are provided in this 204-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive radiator market report, please download the report brochure.



Automotive Radiator Market by Segments

Lucintel forecasts that aluminum segment will remain the largest segment by material type and is also expected to witness the highest growth over the forecast period. The study includes trends and forecast for the global automotive radiator market by material, flow structure, vehicle type, end user, and region, as follows:

Automotive Radiator Market by Material ($ Million Shipment Analysis from 2016 to 2027):

• Aluminum
• Copper/Brass

Automotive Radiator Market by Flow Structure ($ Million Shipment Analysis from 2016 to 2027):

• Down-Flow
• Cross-Flow

Automotive Radiator Market by Vehicle Type [Value ($ Million) and Volume (Million Units) from 2016 to 2027]:

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Automotive Radiator Market by End User [Value ($ Million) and Volume (Million Units) from 2016 to 2027]:

• OEM
• Aftermarket

Automotive Radiator Market by Region [Value ($ Million) and Volume (Million Units) from 2016 to 2027]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Automotive Radiator Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive radiator companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive radiator companies profiled in this report includes.

• Denso Corporation
• Valeo SA
• Calsonic Kansei Corporation
• Sanden Corporation
• Mahle Behr Gmbh & Co. KG

Automotive Radiator Market Insights

• Lucintel forecasts that aluminum segment will remain the largest segment by material type and is also expected to witness the highest growth over the forecast period as aluminum is more resistant to corrosion and it is used in some brass alloys to improve corrosion resistance. Its superior corrosion resistance has been driving growth for aluminum radiators.
• APAC and the Rest of the World are expected to witness significant growth over the forecast period because of increase in the passenger car and light commercial vehicle production in China and Brazil.

Features of the Global Automotive Radiator Market

• Market Size Estimates: Global automotive radiator market size estimation in terms of value ($B) shipment.
• Trend and Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments.
• Segmentation Analysis: Global automotive radiator market size by various segments, such as by material, flow structure, vehicle type, and end user in terms of value and volume.
• Regional Analysis: Global automotive radiator market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
• Growth Opportunities: Analysis of growth opportunities in different segments by material, flow structure, vehicle type, end user, and regions for the global automotive radiator market.
• Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global automotive radiator market.
• Analysis of competitive intensity of the industry based on Porter’s Five Forces model

FAQ

Q1. What is the automotive radiator market size?

Answer: The global automotive radiator market is expected to reach an estimated $16.6 billion by 2027.

Q2. What is the growth forecast for automotive radiator market?

Answer: The automotive radiator market is expected to grow at a CAGR of 6.8% from 2021 to 2027.

Q3. What are the major drivers influencing the growth of the automotive radiator market?

Answer: The major driver for this market is increasing production of passenger cars and light commercial vehicles.

Q4. What are the major vehicle type or end use industries for automotive radiator?

Answer: Passenger car is the major segment by vehicle type for automotive radiator.

Q5. What are the emerging trends in automotive radiator market?

Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include development of full-aluminum radiators and environment-friendly radiators.

Q6. Who are the key automotive radiator companies?

Answer: Some of the key automotive radiator companies are as follows:

• Denso Corporation
• Valeo SA
• Calsonic Kansei Corporation
• Sanden Corporation
• Mahle Behr Gmbh & Co. KG

Q7.Which automotive radiator segment will be the largest in future?

Answer: Lucintel forecasts that aluminum segment will remain the largest segment by material type and is also expected to witness the highest growth over the forecast period as aluminum is more resistant to corrosion and it is used in some brass alloys to improve corrosion resistance. Its superior corrosion resistance has been driving growth for aluminum radiators.

Q8: In automotive radiator market, which region is expected to be the largest in next 5 years?

Answer:APAC and the Rest of the World are expected to witness significant growth over the forecast period because of increase in the passenger car and light commercial vehicle production in China and Brazil.

Q9. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1 What are some of the most promising growth opportunities for the global automotive radiator market by material (Aluminum and Copper/Brass), flow structure ( Cross-flow and Down-Flow), end-user (OEM and Aftermarket), vehicle type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 Which region will grow at a faster pace and why?

Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?

Q.5 What are the business risks and competitive threats in this market?

Q.6 What are the emerging trends in this market and the reasons behind them?

Q.7 What are some of the changing demands of customers in the market?

Q.8 What are the new developments in the market and which companies are leading these developments?

Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?

Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?

Q.11 What M&A activity has occurred in the last five years?

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