Automotive Intercooler Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2018-2028
Global automotive intercooler market is projected to register CAGR growth in the forecast years, 2024-2028 on the account of growth factors like surging demands for efficient car engines. Increasing demand for automobiles for various end-use like personal vehicles, commercial vehicles, etc. is further driving the growth of the global automotive intercooler market in the upcoming five years. Demands for managing the rising temperature of automobile engines while driving by cooling the compressed air is a major application of the automotive intercooler, and thus the demands are further supporting the growth of the global automotive intercooler market in the next five years.
Automotive intercoolers are specifically designed automotive systems that have applications to cool the compressed air that generates during the movement of the engines while driving. The engine moving along with the fuel consumption creates very high temperatures that may lead to lower efficiency of the engines or in extreme conditions may cause the whole automobile to catch fire. The intercoolers are designed to reduce fuel consumption while increasing the power and efficiency of the engine.
Expanding Automotive Industry Drives Market Growth
Growing demands for personal cars, commercial cars, other commercial vehicles, electric vehicles, etc. are adding up to the growth of the global automotive industry. Rising sales, increasing production of automobiles, and increasing disposable income among the population are anticipated to drive the growth of the global automotive intercooler market in the upcoming five years. Although in the past three years, the industry has experienced minor drops in the production of automobiles due to COVID-19.
The pandemic situation decreased the total production of automobiles by 16% in 2020 as compared to the year 2019. Total automobile production in the year 2020 was 77,621,582 units whereas the count was as high as 91,786,861 units in 2019. Overcoming the decrease in production, the automotive industry is anticipated to bounce back to growth in the upcoming five years as the lockdown restrictions are lifted and the manufacturing of the automotive has started again.
Research & Development Promises Market Growth
With the increasing demand for environment-friendly automobiles, and their parts due to rising concerns for the depleting environment, automobile manufacturers are actively investing their resources and finances into research and development of innovative products, and countermeasures to decrease the pollution output from the automobiles and thereby aiding the growth of the global automotive intercooler market in the future five years.
Government support, increased investment in the sector along with favorable schemes are anticipated to further support the growth of the global automotive intercooler market in the next five years. In the United States along with the complete North American region, government scheme like the CAFÉ standard was introduced in 2016, which requires a car to be 30% more fuel-efficient. This, forces the automobile manufacturers, to improve the turbocharger and intercooler technologies, and thus aid the growth of the global automotive intercooler market in the upcoming five years.
Market Segmentation
The global automotive intercooler market segmentation is based on vehicle type, type, engine type, design type, demand category, regional distribution, and competitive landscape. Based on vehicle type, the market is further segmented into two-wheeler, passenger cars, light commercial vehicles, medium & heavy commercial vehicles, and OTR. By type, the market is differentiated between air-to-air intercoolers and water-to-air intercoolers. The engine type market segment is distinguished between the supercharged engine and turbocharged engines. Based on design type, the market is further bifurcated into front-mounted, top-mounted, and side mounted. Based on the demand category, the market is also divided between OEM and replacement. The market analysis also studies the regional segmentation, divided among Asia-Pacific region, North American region, European & CIS region, South American region, and Middle East & African region.
Company Profile
Valeo Group, MAHLE GmbH, Treadstone Performance Engineering Inc., Bell Intercoolers, Garrett Motion Inc., PWR Holdings Limited, Garrett Motion Inc. (Honeywell), Kale Oto Radyator, Pro Alloy Motorsport Ltd., Modine Manufacturing Company, are enlisted in a partial list of major market players of the global automotive intercooler market.
Report Scope:
In this report, global automotive intercooler market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Automotive Intercooler Market, By Vehicle Type:
- Two-Wheeler
- Passenger Car
- Light Commercial Vehicle
- Medium & Heavy Commercial Vehicle
- OTR
- Automotive Intercooler Market, By Type:
- Air to Air Intercooler
- Water to Air Intercooler
- Automotive Intercooler Market, By Engine Type:
- Supercharged Engine
- Turbocharged Engine
- Automotive Intercooler Market, By Design Type:
- Front Mounted
- Top Mounted
- Side Mounted
- Automotive Intercooler Market, By Demand Category:
- OEM
- Replacement
- Automotive Intercooler Market, By Region:
- North America
Mexico
Canada
- Europe & CIS
France
United Kingdom
Spain
Italy
Belgium
Russia
- Asia-Pacific
India
Japan
Malaysia
Thailand
Indonesia
Vietnam
South Korea
- Middle East & Africa
Saudi Arabia
UAE
Egypt
- South America
Argentina
Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global automotive intercooler market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
- 1. Product Overview
- 2. Research Methodology
- 3. Executive Summary
- 4. Impact of COVID-19 on Global Automotive Intercooler Market
- 5. Voice of Customer
- 5.1. Factors Influencing Purchase Decision
- 5.2. Aided Brand Recall and Unaided Brand Recall
- 5.3. Brand Satisfaction Level
- 6. Global Automotive Intercooler Market Outlook
- 6.1. Market Size & Forecast
- 6.1.1. By Value and Volume
- 6.2. Market Share & Forecast
- 6.2.1. By Vehicle Type (Two-Wheeler, Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, OTR)
- 6.2.2. By Type (Air to Air Intercooler, Water to Air Intercooler)
- 6.2.3. By Engine Type (Supercharged Engine, Turbocharged Engine)
- 6.2.4. By Design Type (Front Mounted, Top Mounted, Side Mounted)
- 6.2.5. By Demand Category (OEM vs Replacement)
- 6.2.6. By Region (North America; Europe & CIS; Asia Pacific; South America and Middle East & Africa)
- 6.2.7. By Company (2022)
- 6.3. Product Market Map (By Vehicle Type, By Region)
- 7. North America Automotive Intercooler Market Outlook
- 7.1. Market Size & Forecast
- 7.1.1. By Value and Volume
- 7.2. Market Share & Forecast
- 7.2.1. By Vehicle Type
- 7.2.2. By Type
- 7.2.3. By Engine Type
- 7.2.4. By Design Type
- 7.2.5. By Demand Category
- 7.2.6. By Country (United States; Canada; Mexico)
- 7.3. Product Market Map (By Vehicle Type, By Country)
- 7.4. North America: Country Analysis
- 7.4.1. United States Automotive Intercooler Market Outlook
- 7.4.1.1. Market Size & Forecast
- 7.4.1.1.1. By Value and Volume
- 7.4.1.2. Market Share & Forecast
- 7.4.1.2.1. By Vehicle Type
- 7.4.1.2.2. By Type
- 7.4.1.2.3. By Engine Type
- 7.4.1.2.4. By Design Type
- 7.4.1.2.5. By Demand Category
- 7.4.2. Canada Automotive Intercooler Market Outlook
- 7.4.2.1. Market Size & Forecast
- 7.4.2.1.1. By Value and Volume
- 7.4.2.2. Market Share & Forecast
- 7.4.2.2.1. By Vehicle Type
- 7.4.2.2.2. By Type
- 7.4.2.2.3. By Engine Type
- 7.4.2.2.4. By Design Type
- 7.4.2.2.5. By Demand Category
- 7.4.3. Mexico Automotive Intercooler Market Outlook
- 7.4.3.1. Market Size & Forecast
- 7.4.3.1.1. By Value and Volume
- 7.4.3.2. Market Share & Forecast
- 7.4.3.2.1. By Vehicle Type
- 7.4.3.2.2. By Type
- 7.4.3.2.3. By Engine Type
- 7.4.3.2.4. By Design Type
- 7.4.3.2.5. By Demand Category
- 8. Asia Pacific Automotive Intercooler Market Outlook
- 8.1. Market Size & Forecast
- 8.1.1. By Value and Volume
- 8.2. Market Share & Forecast
- 8.2.1. By Vehicle Type
- 8.2.2. By Type
- 8.2.3. By Engine Type
- 8.2.4. By Design Type
- 8.2.5. By Demand Category
- 8.2.6. By Country (China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea)
- 8.2.7. Product Market Map (By Vehicle Type, By Country)
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Automotive Intercooler Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.1.1. By Value and Volume
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Vehicle Type
- 8.3.1.2.2. By Type
- 8.3.1.2.3. By Engine Type
- 8.3.1.2.4. By Design Type
- 8.3.1.2.5. By Demand Category
- 8.3.2. India Automotive Intercooler Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.1.1. By Value and Volume
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Vehicle Type
- 8.3.2.2.2. By Type
- 8.3.2.2.3. By Engine Type
- 8.3.2.2.4. By Design Type
- 8.3.2.2.5. By Demand Category
- 8.3.3. Japan Automotive Intercooler Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.1.1. By Value and Volume
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Vehicle Type
- 8.3.3.2.2. By Type
- 8.3.3.2.3. By Engine Type
- 8.3.3.2.4. By Design Type
- 8.3.3.2.5. By Demand Category
- 8.3.4. Malaysia Automotive Intercooler Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.1.1. By Value and Volume
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Vehicle Type
- 8.3.4.2.2. By Type
- 8.3.4.2.3. By Engine Type
- 8.3.4.2.4. By Design Type
- 8.3.4.2.5. By Demand Category
- 8.3.5. Thailand Automotive Intercooler Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.1.1. By Value and Volume
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Vehicle Type
- 8.3.5.2.2. By Type
- 8.3.5.2.3. By Engine Type
- 8.3.5.2.4. By Design Type
- 8.3.5.2.5. By Demand Category
- 8.3.6. Indonesia Automotive Intercooler Market Outlook
- 8.3.6.1. Market Size & Forecast
- 8.3.6.1.1. By Value and Volume
- 8.3.6.2. Market Share & Forecast
- 8.3.6.2.1. By Vehicle Type
- 8.3.6.2.2. By Type
- 8.3.6.2.3. By Engine Type
- 8.3.6.2.4. By Design Type
- 8.3.6.2.5. By Demand Category
- 8.3.7. Vietnam Automotive Intercooler Market Outlook
- 8.3.7.1. Market Size & Forecast
- 8.3.7.1.1. By Value and Volume
- 8.3.7.2. Market Share & Forecast
- 8.3.7.2.1. By Vehicle Type
- 8.3.7.2.2. By Type
- 8.3.7.2.3. By Engine Type
- 8.3.7.2.4. By Design Type
- 8.3.7.2.5. By Demand Category
- 8.3.8. South Korea Automotive Intercooler Market Outlook
- 8.3.8.1. Market Size & Forecast
- 8.3.8.1.1. By Value and Volume
- 8.3.8.2. Market Share & Forecast
- 8.3.8.2.1. By Vehicle Type
- 8.3.8.2.2. By Type
- 8.3.8.2.3. By Engine Type
- 8.3.8.2.4. By Design Type
- 8.3.8.2.5. By Demand Category
- 9. Europe & CIS Automotive Intercooler Market Outlook
- 9.1. Market Size & Forecast
- 9.1.1. By Value and Volume
- 9.2. Market Share & Forecast
- 9.2.1. By Vehicle Type
- 9.2.2. By Type
- 9.2.3. By Engine Type
- 9.2.4. By Design Type
- 9.2.5. By Demand Category
- 9.2.6. By Country (Germany, France, United Kingdom, Spain, Italy, Belgium, Russia)
- 9.3. Product Market Map (By Vehicle Type, By Country)
- 9.4. Europe & CIS: Country Analysis
- 9.4.1. Germany Automotive Intercooler Market Outlook
- 9.4.1.1. Market Size & Forecast
- 9.4.1.1.1. By Value and Volume
- 9.4.1.2. Market Share & Forecast
- 9.4.1.2.1. By Vehicle Type
- 9.4.1.2.2. By Type
- 9.4.1.2.3. By Engine Type
- 9.4.1.2.4. By Design Type
- 9.4.1.2.5. By Demand Category
- 9.4.2. France Automotive Intercooler Market Outlook
- 9.4.2.1. Market Size & Forecast
- 9.4.2.1.1. By Value and Volume
- 9.4.2.2. Market Share & Forecast
- 9.4.2.2.1. By Vehicle Type
- 9.4.2.2.2. By Type
- 9.4.2.2.3. By Engine Type
- 9.4.2.2.4. By Design Type
- 9.4.2.2.5. By Demand Category
- 9.4.3. United Kingdom Automotive Intercooler Market Outlook
- 9.4.3.1. Market Size & Forecast
- 9.4.3.1.1. By Value and Volume
- 9.4.3.2. Market Share & Forecast
- 9.4.3.2.1. By Vehicle Type
- 9.4.3.2.2. By Type
- 9.4.3.2.3. By Engine Type
- 9.4.3.2.4. By Design Type
- 9.4.3.2.5. By Demand Category
- 9.4.4. Spain Automotive Intercooler Market Outlook
- 9.4.4.1. Market Size & Forecast
- 9.4.4.1.1. By Value and Volume
- 9.4.4.2. Market Share & Forecast
- 9.4.4.2.1. By Vehicle Type
- 9.4.4.2.2. By Type
- 9.4.4.2.3. By Engine Type
- 9.4.4.2.4. By Design Type
- 9.4.4.2.5. By Demand Category
- 9.4.5. Italy Automotive Intercooler Market Outlook
- 9.4.5.1. Market Size & Forecast
- 9.4.5.1.1. By Value and Volume
- 9.4.5.2. Market Share & Forecast
- 9.4.5.2.1. By Vehicle Type
- 9.4.5.2.2. By Type
- 9.4.5.2.3. By Engine Type
- 9.4.5.2.4. By Design Type
- 9.4.5.2.5. By Demand Category
- 9.4.6. Belgium Automotive Intercooler Market Outlook
- 9.4.6.1. Market Size & Forecast
- 9.4.6.1.1. By Value and Volume
- 9.4.6.2. Market Share & Forecast
- 9.4.6.2.1. By Vehicle Type
- 9.4.6.2.2. By Type
- 9.4.6.2.3. By Engine Type
- 9.4.6.2.4. By Design Type
- 9.4.6.2.5. By Demand Category
- 9.4.7. Russia Automotive Intercooler Market Outlook
- 9.4.7.1. Market Size & Forecast
- 9.4.7.1.1. By Value and Volume
- 9.4.7.2. Market Share & Forecast
- 9.4.7.2.1. By Vehicle Type
- 9.4.7.2.2. By Type
- 9.4.7.2.3. By Engine Type
- 9.4.7.2.4. By Design Type
- 9.4.7.2.5. By Demand Category
- 10. South America Automotive Intercooler Market Outlook
- 10.1. Market Size & Forecast
- 10.1.1. By Value and Volume
- 10.2. Market Share & Forecast
- 10.2.1. By Vehicle Type
- 10.2.2. By Type
- 10.2.3. By Engine Type
- 10.2.4. By Design Type
- 10.2.5. By Demand Category
- 10.2.6. By Country (Brazil, Argentina, Colombia)
- 10.3. Product Market Map (By Vehicle Type, By Country)
- 10.4. South America: Country Analysis
- 10.4.1. Brazil Automotive Intercooler Market Outlook
- 10.4.1.1. Market Size & Forecast
- 10.4.1.1.1. By Value and Volume
- 10.4.1.2. Market Share & Forecast
- 10.4.1.2.1. By Vehicle Type
- 10.4.1.2.2. By Type
- 10.4.1.2.3. By Engine Type
- 10.4.1.2.4. By Design Type
- 10.4.1.2.5. By Demand Category
- 10.4.2. Argentina Automotive Intercooler Market Outlook
- 10.4.2.1. Market Size & Forecast
- 10.4.2.1.1. By Value and Volume
- 10.4.2.2. Market Share & Forecast
- 10.4.2.2.1. By Vehicle Type
- 10.4.2.2.2. By Type
- 10.4.2.2.3. By Engine Type
- 10.4.2.2.4. By Design Type
- 10.4.2.2.5. By Demand Category
- 10.4.3. Colombia Automotive Intercooler Market Outlook
- 10.4.3.1. Market Size & Forecast
- 10.4.3.1.1. By Value and Volume
- 10.4.3.2. Market Share & Forecast
- 10.4.3.2.1. By Vehicle Type
- 10.4.3.2.2. By Type
- 10.4.3.2.3. By Engine Type
- 10.4.3.2.4. By Design Type
- 10.4.3.2.5. By Demand Category
- 11. Middle East and Africa Automotive Intercooler Market Outlook
- 11.1. Market Size & Forecast
- 11.1.1. By Value and Volume
- 11.2. Market Share & Forecast
- 11.2.1. By Vehicle Type
- 11.2.2. By Type
- 11.2.3. By Engine Type
- 11.2.4. By Design Type
- 11.2.5. By Demand Category
- 11.2.6. By Country (South Africa, UAE, Saudi Arabia, Egypt)
- 11.3. Product Market Map (By Vehicle Type, By Country)
- 11.4. Middle East and Africa: Country Analysis
- 11.4.1. South Africa Automotive Intercooler Market Outlook
- 11.4.1.1. Market Size & Forecast
- 11.4.1.1.1. By Value and Volume
- 11.4.1.2. Market Share & Forecast
- 11.4.1.2.1. By Vehicle Type
- 11.4.1.2.2. By Type
- 11.4.1.2.3. By Engine Type
- 11.4.1.2.4. By Design Type
- 11.4.1.2.5. By Demand Category
- 11.4.2. UAE Automotive Intercooler Market Outlook
- 11.4.2.1. Market Size & Forecast
- 11.4.2.1.1. By Value and Volume
- 11.4.2.2. Market Share & Forecast
- 11.4.2.2.1. By Vehicle Type
- 11.4.2.2.2. By Type
- 11.4.2.2.3. By Engine Type
- 11.4.2.2.4. By Design Type
- 11.4.2.2.5. By Demand Category
- 11.4.3. Saudi Arabia Automotive Intercooler Market Outlook
- 11.4.3.1. Market Size & Forecast
- 11.4.3.1.1. By Value and Volume
- 11.4.3.2. Market Share & Forecast
- 11.4.3.2.1. By Vehicle Type
- 11.4.3.2.2. By Type
- 11.4.3.2.3. By Engine Type
- 11.4.3.2.4. By Design Type
- 11.4.3.2.5. By Demand Category
- 11.4.4. Egypt Automotive Intercooler Market Outlook
- 11.4.4.1. Market Size & Forecast
- 11.4.4.1.1. By Value and Volume
- 11.4.4.2. Market Share & Forecast
- 11.4.4.2.1. By Vehicle Type
- 11.4.4.2.2. By Type
- 11.4.4.2.3. By Engine Type
- 11.4.4.2.4. By Design Type
- 11.4.4.2.5. By Demand Category
- 12. Market Dynamics
- 12.1. Drivers
- 12.2. Challenges
- 13. Market Trends and Developments
- 14. Competitive Landscape
- 14.1. Company Profiles (Partial List of Leading Companies)
- 14.1.1. Valeo Group
- 14.1.2. MAHLE GmbH
- 14.1.3. Treadstone Performance Engineering Inc.
- 14.1.4. Bell Intercoolers
- 14.1.5. Garrett Motion Inc.
- 14.1.6. PWR Holdings Limited
- 14.1.7. Garrett Motion Inc. (Honeywell)
- 14.1.8. Kale Oto Radyator
- 14.1.9. Pro Alloy Motorsport Ltd
- 14.1.10. Modine Manufacturing Company
- 15. Strategic Recommendations
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