According to MRFR analysis, the global Automotive Charge Air Cooler Market is expected to register a CAGR of ~ 6.8% from 2022 to 2030 and hold a value of over ~USD 4,078 million by 2030.
Due to significant technical improvements within the business, the automobile sector has seen a booming auction outlook in recent years. To improve vehicle performance, the automotive industry has created a variety of technologies, including auto charge air coolers. This heat exchanger, or air cooler, is set up between the internal combustion engine and turbocharger to cool the air before it reaches the engine. A vehicle’s powertrain’s thermal management plays a vital part in delivering optimum performance. Car charge air coolers are intended to reduce air temperature from 220 °C to 40 °C, which enhances the volumetric efficiency of the automobile vehicle.
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MAHLE Gmbh (Germany)
Vestas Aircoil a/s (Denmark)
Bell Intercoolers (US)
Rad Co. Ltd. (Japan)
Modine Manufacturing Company (US)
The global Automotive Charge Air Cooler Market has been segmented into type, engine type, design, vehicle type, material, and sales channel.
Based on the Type, The Global Automotive Charge Air Cooler Market has been segmented into Air-Cooled Charge Air Cooler, Liquid-Cooled Charge Air Cooler
Based on the Engine Type, The Global Automotive Charge Air Cooler Market has been segmented into Gasoline Engines, Diesel Engine
Design, The Global Automotive Charge Air Cooler Market has been segmented into Fin & Tube, Bar & Plate
Based on the Vehicle Type, The Global Automotive Charge Air Cooler Market has been segmented into Passenger Cars, Commercial Vehicle
Based on the Material, The Global Automotive Charge Air Cooler Market has been segmented into Aluminium, Stainless Steel, Copper, and Other
Based on the Sales Channel, The Global Automotive Charge Air Cooler Market has been segmented into OEM, Aftermarket
Automotive Charge Air Cooler Market key factor:
One key factor in the Automotive Charge Air Cooler market is the growing demand for improved engine performance and fuel efficiency. As automotive manufacturers strive to meet stringent emission regulations and customer expectations, there is a need for technologies that optimize engine performance while reducing fuel consumption. Charge air coolers play a crucial role in achieving these objectives by cooling the compressed air before it enters the engine. This cooling process increases the air density, leading to better combustion and enhanced engine efficiency. By improving the efficiency of the combustion process, charge air coolers contribute to reduced fuel consumption and lower emissions.
Additionally, the increasing trend towards downsized engines and turbocharging in the automotive industry has propelled the demand for charge air coolers. Turbocharged engines generate higher levels of heat due to increased air compression, making effective cooling essential. Charge air coolers efficiently dissipate the heat, ensuring the engine operates within optimal temperature ranges.
Asia-Pacific region is predicted to dominate the automotive charge air coolers market while North America and Europe are anticipated to contribute significantly to the global market. The growing demand for highly efficient vehicles through optimum fuel economy is the key force that is driving the market in developed regions. Growing spending on new vehicle purchasing in developing countries is likely to flourish the market during the estimated period. Asia-Pacific is catching the attention of the builders of charge air coolers as the region is the largest producer & consumer of automotive vehicles.
Countries such as China, India, Japan, South Korea, and Australia are the utmost contributors to the regional market. Other regions such as the Middle East & Africa and South America are anticipated to create substantial opportunities in the global automotive charge air coolers market during the estimated period.
TABLE OF CONTENT
1. EXECUTIVE SUMMARY
1.1. MARKET ATTRACTIVENESS ANALYSIS
1.1.1. GLOBAL AUTOMOTIVE CHARGE AIR COOLER MARKET, BY TYPE
1.1.2. GLOBAL AUTOMOTIVE CHARGE AIR COOLER MARKET, BY ENGINE TYPE
1.1.3. GLOBAL AUTOMOTIVE CHARGE AIR COOLER MARKET, BY DESIGN
1.1.4. GLOBAL AUTOMOTIVE CHARGE AIR COOLER MARKET, BY VEHICLE TYPE
1.1.5. GLOBAL AUTOMOTIVE CHARGE AIR COOLER MARKET, BY MATERIAL
1.1.6. GLOBAL AUTOMOTIVE CHARGE AIR COOLER MARKET, BY SALES CHANNEL
1.1.7. GLOBAL AUTOMOTIVE CHARGE AIR COOLER MARKET, BY REGION
2. MARKET INTRODUCTION
2.2. SCOPE OF THE STUDY
2.3. MARKET STRUCTURE
3. RESEARCH METHODOLOGY
3.1. RESEARCH PROCESS
3.2. PRIMARY RESEARCH
3.3. SECONDARY RESEARCH
3.4. MARKET SIZE ESTIMATION
3.5. TOP-DOWN AND BOTTOM UP APPROACH
3.6. FORECAST MODEL
3.7. LIST OF ASSUMPTION …….
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