Automotive Charge Air Cooler Market by Type (Air-cooled, Liquid-cooled), Position(Integrated, Standalone), Design(Tube & Fin, Bar & Plate), Fuel Type(Gasoline, Diesel), Vehicle(PC, LCV, Truck, Bus), Material, Sales Channel - Global Industry Analysis,Share,Growth,Regional Outlook And Forecasts, 2021-2027

The global Automotive Charge Air Cooler market gathered revenue around USD 1.9 Billion in 2020 and market is set to grow USD 5.1 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 8.2% during the prediction period 2021 to 2027. Today, the automotive industry is taking significant steps toward more stringent emission regulations and fuel consumption, which has resulted in increased demand for components and modules to control the intake air temperature in conventional vehicles. This factor is expected to drive the demand for charge air coolers significantly during the forecast period.

The North American region is estimated to be the fastest-growing market for automotive charge air coolers. The North American automotive charge air cooler market is governed by some of the key players such as Dana Incorporated and Modine Manufacturing Company. The region is dominated by gasoline-fueled premium cars, SUVs, and pickup trucks. These vehicle segments require higher consumption of thermal components to offer effective heat dissipation and engine cooling. As a result, the big players are partnering with thermal component manufacturers to develop enhanced components. For instance, in May 2017, Dana developed a technologically advanced heat exchanger for the induction-air system on FCA’s 2018 Dodge Challenger SRT Demon model. This is the first model of FCA that comes with a factory-fitted refrigerated liquid-to-air charge air cooling system. Such developments and partnerships between OEMs and component providers are expected to drive the sales of charge air coolers in the North American region.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Automotive Charge Air Cooler market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Automotive Charge Air Cooler market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Automotive Charge Air Cooler market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Asia Pacific market is projected to hold the largest share, in terms of volume, by 2027

Asia Pacific is estimated to have the largest market for charge air coolers, backed by strong demand and production of passenger vehicles and emission regulations in various countries. The growth of fuel-efficient vehicles has positively influenced the Asia Pacific automotive charge air cooler market. Also, the region has the presence of leading charge air cooler manufacturers like Hanon Systems, T.RAD Co. Ltd., Marelli, and Denso Corporation, thus creating growth opportunities for the market in the region. These companies have been developing and expanding their business in the region. For instance, in March 2021, Hanon Systems announced that it had begun construction on its fifth plant in Korea. This new plant will be built on a site that offers approximately 32,999 square meters (approximately 334,999 square feet) of land.

Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Significant Market Participants Operational in the Automotive Charge Air Cooler Market are:

MAHLE GmbH (Germany), T. RAD Co. Ltd. (Japan), Dana Incorporated (US), Valeo (France), and Modine Manufacturing Company (US).

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

By Type

• Air-Cooled Charge Air Cooler
• Liquid-Cooled Charge Air Cooler

By Position

• Standalone
• Integrated

By Design

• Fin & Tube
• Bar & Plate

By Fuel Type

• Gasoline
• Diesel

By Vehicle Type

• Passenger Cars
•  LCV
• Trucks
• Buses

By Material

• Aluminum
• Stainless Steel
• Copper
• Others

By Sales Channel

• OEM
• Aftermarket

By Geography

North America

• U.S.
• Canada

Europe

• Germany
• France
• United Kingdom
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Rest of Latin America

Middle East & Africa (MEA)

• GCC
• North Africa
• South Africa
• Rest of Middle East & Africa

The study objectives of this report are:

• To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2027);
• Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
• Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
• To strategically profile the key players and comprehensively analyze their growth strategies.