Automotive Heat Exchanger Market by Propulsion & Component (ICE, EV), Electric Vehicle Type (BEV, PHEV, HEV), Design (Plate Bar, Tube Fin), Vehicle Type, Off-Highway Vehicle Type (Passenger Car, LCV, Truck, Bus) and Region - Global Forecast to 2027
[317 Pages Report] The global automotive heat exchanger market size was valued at USD 28.9 billion in 2022 and is expected to reach USD 34.3 billion by 2030, at a CAGR of 3.5%, during the forecast period 2022-2027. Factors such as revival of automotive industry, along with the increase in demand for hybrid and plug-in hybrid vehicles will boost the demand for the automotive heat exchangers. Increase in demand for battery thermal management systems, in conjunction with advancements in mobility solutions will create new opportunities for this market. Companies operating in the automotive heat exchanger market are focusing on new product development. For instance, in September 2021, MAHLE developed battery cooling system for faster charging of electric vehicles. The company used immersion cooling technology to shorten the charging time for electric car batteries.
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Market Dynamics:
How revival of automotive industry will support the market growth?
In 2020, the automotive industry witnessed a global slowdown. A decline of 16% in vehicle production was witnessed in 2020, which is equivalent to 2010 sales levels, as per OICA. This impacted the complete value chain of the automotive industry. However, post-2020, the automotive industry started witnessing a steady surge in terms of revenue growth. The worldwide production and sales of automotive vehicles, including passenger cars and commercial vehicles, increased in 2021. For instance, as per OICA, the worldwide sales of passenger cars were 53.9 million units in 2020, and this figure reached 56.3 million units in 2021. Similarly, for commercial vehicles, the worldwide sales were 24.8 million units in 2020, and this increased to 26.2 million units in 2021. Automakers have also started working on more efficient and environment-friendly vehicles to reduce the impact on the environment. As per OICA, automakers have heavily invested in reaching air quality improvements and developing diverse automobile vehicles that run on alternative fuels. For instance, most automotive manufacturers are focusing on hybrid technology, which uses both gasoline or diesel engines and electric power. The increasing global sales and production of vehicles have led to a consistent increase in demand for automotive components such as radiators, evaporators, condensers, heaters, intercoolers, and oil coolers, among others. This, in turn, is expected to drive the global automotive heat exchanger market during the forecast period.
Why increasing demand for BEVs is restraining the market growth?
The increasing demand for BEVs can hamper the growth of conventional heat exchangers such as radiators, oil coolers, intercoolers, and EGR coolers. Unlike ICE vehicles, electric vehicles do not use conventional automotive heat exchangers. Instead, electric vehicles have a battery thermal management system for battery cooling. According to the US Environmental Protection Agency (US EPA), the automotive and transportation sector contributes about 26% to the total greenhouse gas (GHG) emissions. Therefore, increasing focus on reduction of vehicular emissions and rising demand for fuel-efficient vehicles have compelled OEMs to develop energy-efficient solutions.
The regulations pertaining to CO2 emissions for vehicles are expected to tighten across countries such as US, Japan, and China in the coming years. Further, automotive OEMs are constantly focusing on adopting advanced technologies such as electrification of vehicles. Owing to the impact of vehicle emissions on the environment, ICE-powered vehicles are expected to be replaced with electric powertrains in the foreseeable future.
Thus, with growing BEV sales, the demand for engine radiators, intercoolers, and EGR systems, among others, is also expected to decrease during the forecast period. This, in turn, is anticipated to restrain potential opportunities for the automotive heat exchanger market to a certain extent.
Why increase in demand for battery thermal management systems is a lucrative opportunity for automotive heat exchangers market?
The automotive industry is actively shifting toward sustainable clean fuels. There is a huge dependence on oil as a fuel in the transportation system. Almost 70% of the total vehicles use oil as fuel. High dependency on oil has increased concerns of global environmentalists and economists. Increasing awareness about environmental concerns has led to the adoption of electric vehicles. The increasing adoption of electric vehicles has compelled manufacturers of traditional heat exchangers to develop efficient battery thermal management systems and expand their product portfolios.
The increase in sales of electric vehicles such as BEVs, HEVs, and PHEVs have led to an increase in the demand for lithium-ion batteries. These batteries can store an energy in a small space. However, there are various problems associated with lithium-ion batteries used in electric vehicles. For instance, if charging limit exceeds 4.2 V, then it could cause overheating of the lithium plating. Further, adverse weather conditions could also affect the operation of the cell. Also in winter, the electrolyte in the battery freezes, which damages the cells and reduces the overall performance and the battery life.
The battery thermal management system plays a vital role in improving battery performance and efficiency. The system controls the temperature of a vehicle’s battery by using a technology based on thermodynamics and heat transfer. It checks overheating by quickly controlling the heat generated. It also maintains the battery temperature during the discharge and charging process and retains the battery temperature within limits, thereby maintaining a safe area of operation in all situations. Such advantages of battery thermal management are expected to create lucrative opportunities for the automotive heat exchanger market during the forecast period.
How upcoming emission norms could pose a challenge for automotive heat exchangers such as EGR and intercoolers?
The increasing concerns related to environmental degradation have accentuated the need to reduce NOx and CO2 emission levels. The emission regulations have been tightened across the globe. Automotive manufacturers are therefore incorporating new strategies to comply with emission norms by respective governments across the globe. To reduce vehicle emissions, changes in vehicle dynamics, weight reduction, green telematics, etc are required. Automotive OEMs are now using high-strength steel (HSS) as well as aluminum to reduce the total weight of the vehicle chassis. Automotive heat exchangers such as EGR systems are commonly used in a vehicle for NOx reduction. EGR systems help recirculate a controllable proportion of the exhaust gas back into the vehicle engine. However, the increasing emission norms could lead to the replacement of EGR systems with efficient system such as selective catalytic reduction (SCR). Additionally, emission norms have also impacted the sales of diesel-powered vehicles. The overall production of diesel-powered vehicles has decreased in the last few years, which will drastically impact the overall market for EGR systems and intercoolers.
EV segment is estimated to account for the fastest-growing market during the forecast period
EV is expected to be the fastest-growing segment by propulsion type during the forecast period. Electric vehicles have witnessed rapid evolution with the ongoing developments in EV-related technologies and batteries. Technological advancements in the EV market include the development of ultra-fast charging, battery swapping, V2V charging, advanced battery technologies, and development of parts like in-wheel motors and e-axles. Many countries around the world provide incentives for EV purchases. The US provides a tax credit reduction of USD 7,500 for BEVs and a variable reduction for PHEV buyers. A Tesla Model 3 gets a reduction of USD 7,500, while a Toyota Prius Prime plug-in hybrid gets a reduction of USD 4,500. The UK also bears around 35% of the cost of an electric car (up to USD 3,600). Similarly, France provides purchase incentives of up to USD 6,900 for buying an EV. This comes with an additional USD 5,000 in case the buyers may want to scrap their old ICE car. China also used to provide incentives for EV buyers, which it plans to discontinue from 2022. Germany provides incentives up to around USD 10,000 for BEVs and USD 7,330 for PHEVs.
Plate bar estimated to be fastest growing segment during the forecast period
A plate bar heat exchanger consists of a series of parallel plates placed one above the other to allow the formation of a series of channels for fluids to flow between them. This type of heat exchanger is generally used for the exchange of heat using metal plates between two fluids. The optimal usage of plate bar heat exchangers can be achieved by maintaining the pressure and temperature of the fluids. The space between two adjacent plates forms the channel through which the fluid flows. Inlet and outlet holes at the corners of the plates allow hot and cold fluids through alternating channels in the exchanger so that a plate is always in contact on one side with the hot fluid and on the other with the cold. Plate bar heat exchangers offer higher cooling than tube fin. In addition, plate bar heat exchangers have a longer life and higher-pressure capability. This type of heat exchanger is mostly used in buses and trucks.
“Asia Pacific is expected to be the fastest-growing market in the forecast period.”
Asia Pacific is home to economies such as China, India, and Japan, which are few of the largest automobile manufacturers across the globe. In recent years, the region has emerged as a hub for automobile production. The growing purchasing power has triggered the demand for automobiles in the region. Cost advantages for OEMs and increased vehicle population in this region offer attractive opportunities for automobile manufacturers and automotive component suppliers. The region is the largest manufacturer of passenger vehicles and based on OICA estimates, approximately 39 million passenger cars were manufactured in Asia Pacific in 2021, which was 7% higher than 2020. Asia Pacific is also home to major automobile manufacturers such as Toyota (Japan), Honda (Japan), Maruti (India), Hyundai (South Korea), and others.
China is the largest contributor in terms of vehicle production, with around 55.8% share in 2021. China, South Korea, and Japan are the leading vehicle-producing countries in the region, collectively producing ~90% of total vehicles. At the same time, the demand for luxury cars has increased in the region. Thus, with an increase in demand for premium passenger cars, the automotive heat exchanger market in Asia Pacific is expected to witness robust growth during the forecast period. Asia Pacific is home to key suppliers of automotive heat exchangers such as Denso (Japan), Hanon (South Korea), Nippon Light Metal (Japan), T.RAD Co. Ltd. (Japan), and Motherson Automotive Technologies & Engineering (India), which will also play a key role in driving the market.
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Key Market Players
The automotive heat exchanger market is dominated by major players including Denso Corporation (Japan), MAHLE GmbH (Germany), Valeo (France), Hanon Systems (South Korea), and T.RAD Co., Ltd. (Japan). These companies offer automotive heat exchangers such as radiators, oil coolers, charge air coolers, etc., and have strong distribution networks at the global level. These companies have adopted extensive expansion strategies; and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the market.
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Scope of the Report
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|
Report Metric |
Details |
|
Market size available for years |
2018–2027 |
|
Base year considered |
2021 |
|
Forecast period |
2022-2027 |
|
Forecast units |
Volume (Thousand Units) and Value (USD Million) |
|
Segments covered |
Propulsion & Component, Vehicle Type, Electric Vehicle Type, Design, Off-Highway Vehicle Type, and Region |
|
Geographies covered |
Asia Pacific, Europe, North America, and RoW |
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Companies Covered |
Denso Corporation (Japan), MAHLE GmbH (Germany), Valeo (France), Hanon Systems (South Korea), and T.RAD Co., Ltd. (Japan). |
This research report categorizes the automotive heat exchanger market based on propulsion & component, electric vehicle type, design, vehicle type, off-highway vehicle type, and region.
Based on Vehicle Type:
-
Propulsion & Component
-
ICE
- Engine Radiator
- Condenser
- Evaporator
- Oil Cooler
- Heater
- Charge Air Cooler
- Exhaust Gas Recovery
-
EV (BEV, PHEV & HEV)
- Battery Cooling System
- Engine Radiator
- Condenser
- Evaporator
- Oil Cooler
- Heater
- Charge Air Cooler
- Exhaust Gas Recovery
-
ICE
Based on Electric Vehicle Type:
- BEV
- PHEV
- HEV
Based on Design:
- Plate Bar
- Tube Fin
- Others
Based on Vehicle Type:
- Passenger Car
- LCV
- Truck
- Bus
Based on Off-Highway Vehicle Type:
- Agricultural Equipment
- Construction Equipment
Based on the Region:
-
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Rest of APAC
-
North America (NA)
- US
- Canada
- Mexico
-
Europe (EU)
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Rest of the World (RoW)
- Brazil
- Russia
- South Africa
- Others
Recent Developments
- In September 2021, MAHLE developed battery cooling system for faster charging of electric vehicles. The company used immersion cooling technology to shorten the charging time for electric car batteries.
- In September 2021, Hanon Systems inaugurated two sites in Hungary: a new greenfield production facility in Pecs city and a building expansion in Retsag.
- In April 2021, Marelli Corporation presented for the first time at Auto Shanghai 2021 since the integration of Calsonic Kansei and Magneti Marelli. High-performance radiators were showcased at Auto Shanghai.
- In March 2021, Valeo expanded its product offering with the launch of two condenser references for Mercedes ML series and Renault Duster 110 BHP.
- In February 2021, MAHLE announced that it has taken over the air conditioning business in Japan, Thailand, and the US from the former Keihin Corporation (now Hitachi Astemo, Ltd.). Total four production sites and one development center integrated into the MAHLE GmbH.
Frequently Asked Questions (FAQ):
What is the current size of the global automotive heat exchanger market?
The global automotive heat exchanger market is projected to grow from USD 28.9 billion in 2022 to USD 34.3 billion by 2027, at a CAGR of 3.5%
Who are the winners in the global automotive heat exchanger market?
The automotive heat exchanger market is dominated by major players including Denso Corporation (Japan), MAHLE GmbH (Germany), Valeo (France), Hanon Systems (South Korea), and T.RAD Co., Ltd. (Japan).
Which region will have the largest market for automotive heat exchangers?
The Asia Pacific region will the largest market for automotive heat exchangers due to steady growth in the motor vehicle production, and the penetration of PHEVs and HEVs in the region.
Which country will have the largest market for automotive heat exchangers in APAC region?
China will the largest market for automotive heat exchangers due to strong vehicle production as well as sales. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 41)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
TABLE 1 AUTOMOTIVE HEAT EXCHANGER MARKET DEFINITION, BY ELECTRIC VEHICLE TYPE
TABLE 2 MARKET DEFINITION, BY VEHICLE TYPE
TABLE 3 MARKET DEFINITION, BY COMPONENT
TABLE 4 MARKET DEFINITION, BY DESIGN
1.2.1 INCLUSIONS & EXCLUSIONS
TABLE 5 INCLUSIONS & EXCLUSIONS IN MARKET
1.3 MARKET SCOPE
FIGURE 1 MARKETS COVERED
1.3.1 YEARS CONSIDERED FOR STUDY
1.4 CURRENCY & PRICING
TABLE 6 CURRENCY EXCHANGE RATES
1.5 PACKAGE SIZE
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 48)
2.1 RESEARCH DATA
FIGURE 2 AUTOMOTIVE HEAT EXCHANGER MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH DESIGN MODEL
2.1.1 SECONDARY DATA
2.1.1.1 Key secondary sources for automotive heat exchanger market
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
2.1.2.1 List of primary participants
2.2 MARKET SIZE ESTIMATION
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.2.1 BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.3 TOP-DOWN APPROACH: MARKET
FIGURE 7 MARKET: MARKET ESTIMATION NOTES
FIGURE 8 MARKET: RESEARCH DESIGN & METHODOLOGY FOR ICE VEHICLES - DEMAND SIDE
FIGURE 9 MARKET: RESEARCH DESIGN & METHODOLOGY FOR ELECTRIC VEHICLES – DEMAND SIDE
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP (SUPPLY SIDE) - COLLECTIVE MARKET SHARE OF MAJOR PLAYERS
2.3 DATA TRIANGULATION
FIGURE 11 DATA TRIANGULATION METHODOLOGY
2.4 FACTOR ANALYSIS
FIGURE 12 FACTOR ANALYSIS: MARKET
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 65)
FIGURE 13 AUTOMOTIVE HEAT EXCHANGER MARKET OVERVIEW
FIGURE 14 MARKET, BY REGION, 2022–2027
FIGURE 15 MARKET, BY DESIGN, 2022 VS. 2027
FIGURE 16 KEY PLAYERS IN MARKET
4 PREMIUM INSIGHTS (Page No. - 70)
4.1 ATTRACTIVE OPPORTUNITIES IN AUTOMOTIVE HEAT EXCHANGER MARKET
FIGURE 17 STEADY SURGE IN MOTOR VEHICLE PRODUCTION TO DRIVE MARKET
4.2 MARKET, BY REGION
FIGURE 18 ASIA PACIFIC PROJECTED TO BE LARGEST MARKET
4.3 MARKET, BY PROPULSION
FIGURE 19 ICE ESTIMATED TO BE LARGER SEGMENT OF MARKET (USD MILLION)
4.4 MARKET, BY COMPONENT (ICE + EV)
FIGURE 20 EXHAUST GAS HEAT EXCHANGER TO BE LARGEST SEGMENT OF MARKET (USD MILLION)
4.5 MARKET, BY DESIGN
FIGURE 21 TUBE FIN TO BE LARGEST SEGMENT OF MARKET (USD MILLION)
4.6 MARKET, BY ELECTRIC VEHICLE TYPE
FIGURE 22 HEV EXPECTED TO BE LARGEST SEGMENT OF MARKET IN 2022 (USD MILLION)
4.7 MARKET, BY VEHICLE TYPE
FIGURE 23 PASSENGER CAR EXPECTED TO BE LARGEST SEGMENT OF MARKET, 2022 VS. 2027 (USD MILLION)
4.8 MARKET, BY OFF-HIGHWAY VEHICLE
FIGURE 24 CONSTRUCTION EQUIPMENT EXPECTED TO BE LARGER SEGMENT OF MARKET, 2022 VS. 2027 (USD MILLION)
5 MARKET OVERVIEW (Page No. - 75)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 25 AUTOMOTIVE HEAT EXCHANGER MARKET: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Revival of automotive industry
FIGURE 26 FOUR MAJOR CHALLENGES AMID COVID-19 CRISIS FOR AUTOMOBILE MANUFACTURERS
FIGURE 27 GLOBAL ICE VEHICLE SALES & PRODUCTION, 2020 & 2021
5.2.1.2 Increase in demand for hybrid and plug-in hybrid vehicles
FIGURE 28 GLOBAL PHEV CAR STOCK, 2017-2020, BY REGION
FIGURE 29 GLOBAL PHEV CAR SALES, 2016-2021
5.2.1.3 Increasing adoption of HVAC systems in high-end commercial and off-highway vehicles
TABLE 7 ROAD TRAFFIC DEATH RATES, PER 100,000 POPULATION
FIGURE 30 DECADE OF ACTION FOR ROAD SAFETY, 2021-2030
5.2.2 RESTRAINTS
5.2.2.1 Increasing demand for BEVs
FIGURE 31 GLOBAL BEV CAR SALES, 2016-2021
5.2.2.2 Anticipated decline in sales of ICE vehicles
FIGURE 32 EV SHIFT AND TARGET OF COUNTRIES AROUND THE WORLD
TABLE 8 LIST OF OEMS AND TARGET FOR PHASING OUT ICE VEHICLES
5.2.3 OPPORTUNITIES
5.2.3.1 Increase in demand for battery thermal management systems
5.2.3.2 Advancements in mobility solutions
5.2.4 CHALLENGES
5.2.4.1 Upcoming emission norms pose challenge for EGR and intercoolers
FIGURE 33 ON-ROAD LIGHT AND HEAVY-DUTY VEHICLE EMISSION REGULATION OUTLOOK
TABLE 9 MARKET: IMPACT OF MARKET DYNAMICS
5.3 TRENDS & DISRUPTIONS IMPACTING MARKET
FIGURE 34 REVENUE SHIFT DRIVING MARKET
5.4 MARKET SCENARIOS (2022–2027)
FIGURE 35 MARKET – FUTURE TRENDS & SCENARIOS, 2022–2027 (USD MILLION)
5.4.1 MOST LIKELY SCENARIO
TABLE 10 MOST LIKELY SCENARIO, BY REGION, 2022–2027 (USD MILLION)
5.4.2 OPTIMISTIC SCENARIO
TABLE 11 OPTIMISTIC SCENARIO, BY REGION, 2022–2027 (USD MILLION)
5.4.3 PESSIMISTIC SCENARIO
TABLE 12 PESSIMISTIC SCENARIO, BY REGION, 2022–2027 (USD MILLION)
5.5 PORTER’S FIVE FORCES
FIGURE 36 PORTER’S FIVE FORCES: MARKET
TABLE 13 MARKET: IMPACT OF PORTERS 5 FORCES
5.5.1 THREAT OF SUBSTITUTES
5.5.2 THREAT OF NEW ENTRANTS
5.5.3 BARGAINING POWER OF BUYERS
5.5.4 BARGAINING POWER OF SUPPLIERS
5.5.5 RIVALRY AMONG EXISTING COMPETITORS
5.6 AUTOMOTIVE HEAT EXCHANGER MARKET ECOSYSTEM
FIGURE 37 MARKET: ECOSYSTEM ANALYSIS
TABLE 14 MARKET: ROLE OF COMPANIES IN ECOSYSTEM
5.7 VALUE CHAIN ANALYSIS
FIGURE 38 VALUE CHAIN ANALYSIS: MARKET
5.8 PRICING ANALYSIS
FIGURE 39 AVERAGE PRICING OF AUTOMOTIVE HEAT EXCHANGERS IN ASIA PACIFIC, 2022 & 2027
FIGURE 40 AVERAGE PRICING OF AUTOMOTIVE HEAT EXCHANGERS IN EUROPE, 2022 & 2027
FIGURE 41 AVERAGE PRICING OF AUTOMOTIVE HEAT EXCHANGERS IN NORTH AMERICA, 2022 & 2027
FIGURE 42 AVERAGE PRICING OF AUTOMOTIVE HEAT EXCHANGERS IN REST OF THE WORLD, 2022 & 2027
5.9 MACROECONOMIC INDICATORS
5.9.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
TABLE 15 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD BILLION)
5.9.2 WORLD MOTOR VEHICLE PRODUCTION STATISTICS, 2020 & 2021
TABLE 16 WORLD MOTOR VEHICLE PRODUCTION STATISTICS IN 2021 (UNITS)
TABLE 17 WORLD MOTOR VEHICLE PRODUCTION STATISTICS IN 2020 (UNITS)
5.10 PATENT ANALYSIS
FIGURE 43 PUBLICATION TRENDS (2012-2021)
5.11 LEGAL STATUS OF PATENTS (2012-2021)
FIGURE 44 LEGAL STATUS OF PATENTS FILED FOR AUTOMOTIVE HEAT EXCHANGERS (2012-2021)
5.12 TOP PATENT APPLICANTS (2012-2021)
FIGURE 45 AUTOMOTIVE HEAT EXCHANGERS, BY APPLICANT
TABLE 18 IMPORTANT PATENT REGISTRATIONS RELATED TO MARKET
5.13 CASE STUDY
TABLE 19 HIETA TECHNOLOGIES LTD: WATER CHARGE AIR COOLER
5.14 TECHNOLOGY ANALYSIS
5.14.1 BATTERY THERMAL MANAGEMENT SYSTEM
5.14.2 INDIRECT CHARGE AIR COOLING
FIGURE 46 COOLANT CIRCUIT IN INDIRECT CHARGE AIR
5.14.3 LIQUID-COOLED CHARGE AIR COOLERS
5.15 TRADE ANALYSIS
5.15.1 IMPORT SCENARIO (HS CODE 870891)
FIGURE 47 IMPORTS, BY KEY COUNTRIES, 2017–2021 (USD MILLION)
5.15.2 EXPORT SCENARIO (HS CODE 870891)
FIGURE 48 EXPORTS, BY KEY COUNTRIES, 2017–2021 (USD MILLION)
5.15.3 IMPORT SCENARIO (HS CODE 841520)
FIGURE 49 IMPORTS, BY KEY COUNTRIES, 2016–2020 (USD MILLION)
5.15.4 EXPORT SCENARIO (HS CODE 841520)
FIGURE 50 EXPORTS, BY KEY COUNTRIES, 2016–2020 (USD MILLION)
5.16 REGULATORY OVERVIEW
TABLE 20 REGULATIONS FOR AUTOMOTIVE HEAT EXCHANGERS
5.17 KEY CONFERENCE & EVENTS IN 2022 & 2023
TABLE 21 AUTOMOTIVE HEAT EXCHANGER MARKET: DETAILED LIST OF CONFERENCES & EVENTS
TABLE 22 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 23 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.18 KEY STAKEHOLDERS & BUYING CRITERIA
5.18.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 51 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 4 VEHICLE TYPES
TABLE 25 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 4 COMPONENTS (%)
5.18.2 BUYING CRITERIA
FIGURE 52 KEY BUYING CRITERIA FOR TOP 4 COMPONENTS
TABLE 26 KEY BUYING CRITERIA FOR TOP 4 COMPONENTS
6 AUTOMOTIVE HEAT EXCHANGER MARKET, BY PROPULSION & COMPONENT (Page No. - 118)
6.1 INTRODUCTION
FIGURE 53 ICE TO HOLD LARGER MARKET SHARE IN TERMS OF VALUE, 2022-2027
TABLE 27 MARKET, BY PROPULSION, 2018–2021 (THOUSAND UNITS)
TABLE 28 MARKET, BY PROPULSION, 2022–2027 (THOUSAND UNITS)
TABLE 29 MARKET, BY PROPULSION, 2018–2021 (USD MILLION)
TABLE 30 MARKET, BY PROPULSION, 2022–2027 (USD MILLION)
6.1.1 OPERATIONAL DATA
TABLE 31 MOTOR VEHICLE SALES, BY VEHICLE TYPE (THOUSAND UNITS)
6.1.2 ASSUMPTIONS
TABLE 32 ASSUMPTIONS: BY PROPULSION TYPE & COMPONENT
6.1.3 RESEARCH METHODOLOGY
6.2 ICE
6.2.1 REVIVAL OF ICE VEHICLE PRODUCTION TO DRIVE SEGMENT
TABLE 33 ICE HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 34 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 35 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 36 MARKET, BY REGION, 2022–2027 (USD MILLION)
6.2.2 ICE AUTOMOTIVE HEAT EXCHANGER MARKET, BY COMPONENT
TABLE 37 MARKET, BY COMPONENT, 2018–2021 (THOUSAND UNITS)
TABLE 38 MARKET, BY COMPONENT, 2022–2027 (THOUSAND UNITS)
TABLE 39 MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 40 MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
6.2.3 ENGINE RADIATOR
6.2.4 CONDENSER
6.2.5 EVAPORATOR
6.2.6 OIL COOLER
6.2.7 HEATER
6.2.8 CHARGE AIR COOLER
6.2.9 EXHAUST GAS HEAT EXCHANGER
6.3 ELECTRIC VEHICLE (BEV, PHEV, & HEV)
6.3.1 GROWING ADOPTION OF ELECTRIC VEHICLES WORLDWIDE TO DRIVE SEGMENT
TABLE 41 ELECTRIC VEHICLE HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 42 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 43 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 44 ARKET, BY REGION, 2022–2027 (USD MILLION)
6.3.2 ELECTRIC VEHICLE AUTOMOTIVE HEAT EXCHANGER MARKET, BY COMPONENT
TABLE 45 MARKET, BY COMPONENT, 2018–2021 (THOUSAND UNITS)
TABLE 46 MARKET, BY COMPONENT, 2022–2027 (THOUSAND UNITS)
TABLE 47 MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 48 MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
6.3.3 BATTERY COOLING SYSTEM
6.3.4 ENGINE RADIATOR
6.3.5 CONDENSER
6.3.6 EVAPORATOR
6.3.7 OIL COOLER
6.3.8 HEATER
6.3.9 CHARGE AIR COOLER
6.3.10 EXHAUST GAS HEAT EXCHANGER
6.4 KEY PRIMARY INSIGHTS
7 AUTOMOTIVE HEAT EXCHANGER MARKET, BY DESIGN (Page No. - 133)
7.1 INTRODUCTION
FIGURE 54 MARKET, BY DESIGN, 2022 VS. 2027 (USD MILLION)
TABLE 49 MARKET, BY DESIGN, 2018–2021 (THOUSAND UNITS)
TABLE 50 MARKET, BY DESIGN, 2022–2027 (THOUSAND UNITS)
TABLE 51 MARKET, BY DESIGN, 2018–2021 (USD MILLION)
TABLE 52 MARKET, BY DESIGN, 2022–2027 (USD MILLION)
7.1.1 OPERATIONAL DATA
TABLE 53 PRODUCT OFFERING BY LEADING HEAT EXCHANGER MANUFACTURERS, BY DESIGN
7.1.2 ASSUMPTIONS
TABLE 54 ASSUMPTIONS: BY DESIGN
7.1.3 RESEARCH METHODOLOGY
7.2 PLATE BAR
7.2.1 INCREASING HCV PRODUCTION TO DRIVE DEMAND
TABLE 55 PLATE BAR AUTOMOTIVE HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 56 PLATE BAR MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 57 PLATE BAR MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 58 PLATE BAR MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3 TUBE FIN
7.3.1 LOW COST AND SIMPLE DESIGN TO DRIVE DEMAND
TABLE 59 TUBE FIN MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 60 TUBE FIN MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 61 TUBE FIN MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 62 TUBE FIN MARKET, BY REGION, 2022–2027 (USD MILLION)
7.4 OTHERS
TABLE 63 OTHER AUTOMOTIVE HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 64 OTHER MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 65 OTHER MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 66 OTHER MARKET, BY REGION, 2022–2027 (USD MILLION)
7.5 KEY PRIMARY INSIGHTS
8 AUTOMOTIVE HEAT EXCHANGER MARKET, BY VEHICLE TYPE (Page No. - 143)
8.1 INTRODUCTION
FIGURE 55 MARKET, BY VEHICLE TYPE, 2022 VS. 2027 (USD MILLION)
TABLE 67 MARKET, BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 68 MARKET, BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 69 MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 70 MARKET, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
8.1.1 OPERATIONAL DATA
TABLE 71 GLOBAL PASSENGER CARS AND COMMERCIAL VEHICLES PRODUCTION DATA, 2021 (THOUSAND UNITS)
8.1.2 ASSUMPTIONS
TABLE 72 ASSUMPTIONS: BY VEHICLE TYPE
8.1.3 RESEARCH METHODOLOGY
8.2 PASSENGER CAR
8.2.1 GROWING DEMAND FOR PREMIUM VEHICLES TO DRIVE SEGMENT
TABLE 73 PASSENGER CAR AUTOMOTIVE HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 74 PASSENGER CAR MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 75 PASSENGER CAR MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 76 PASSENGER CAR MARKET, BY REGION, 2022–2027 (USD MILLION)
8.3 LIGHT COMMERCIAL VEHICLE
8.3.1 STRINGENT ENVIRONMENTAL REGULATIONS TO DRIVE SEGMENT
TABLE 77 LIGHT COMMERCIAL VEHICLES HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 78 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 79 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 80 MARKET, BY REGION, 2022–2027 (USD MILLION)
8.4 TRUCK
8.4.1 STRONG ROAD TRANSPORTATION SECTOR ACROSS THE GLOBE TO DRIVE SEGMENT
FIGURE 56 US SHIPMENT OF GOODS
TABLE 81 TRUCK HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 82 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 83 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 84 MARKET, BY REGION, 2022–2027 (USD MILLION)
8.5 BUS
8.5.1 HIGH DEPENDENCY OF PEOPLE ON PUBLIC TRANSPORT TO DRIVE SEGMENT
TABLE 85 BUS HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 86 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 87 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 88 MARKET, BY REGION, 2022–2027 (USD MILLION)
8.6 KEY PRIMARY INSIGHTS
9 AUTOMOTIVE HEAT EXCHANGER MARKET, BY ELECTRIC VEHICLE TYPE (Page No. - 156)
9.1 INTRODUCTION
FIGURE 57 BEV SEGMENT TO HOLD LARGEST MARKET SHARE, BY VALUE, BY 2027 (USD MILLION)
TABLE 89 MARKET, BY ELECTRIC VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 90 MARKET, BY ELECTRIC VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 91 MARKET, BY ELECTRIC VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 92 MARKET, BY ELECTRIC VEHICLE TYPE, 2022–2027 (USD MILLION)
9.1.1 OPERATIONAL DATA
TABLE 93 ELECTRIC VEHICLE SALES, BY PROPULSION TYPE, 2018–2021 (THOUSAND UNITS)
9.1.2 ASSUMPTIONS
TABLE 94 ASSUMPTIONS: BY ELECTRIC VEHICLE TYPE
9.1.3 RESEARCH METHODOLOGY
9.2 BEV
9.2.1 INCREASING NEED FOR EMISSION-FREE VEHICLES TO DRIVE SEGMENT
TABLE 95 BEV HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 96 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 97 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 98 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 99 MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 100 MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
9.3 HEV
9.3.1 LIMITED DEPENDENCY ON CHARGING INFRASTRUCTURE TO DRIVE SEGMENT
TABLE 101 HEV HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 102 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 103 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 104 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 105 MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 106 MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
9.4 PHEV
9.4.1 TAX BENEFITS AND INCENTIVES FROM GOVERNMENTS TO DRIVE SEGMENT
TABLE 107 PHEV HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 108 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 109 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 110 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 111 MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 112 MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
9.5 KEY PRIMARY INSIGHTS
10 AUTOMOTIVE HEAT EXCHANGER MARKET, BY OFF-HIGHWAY VEHICLE TYPE (Page No. - 170)
10.1 INTRODUCTION
FIGURE 58 CONSTRUCTION EQUIPMENT TO HOLD LARGER MARKET SHARE IN TERMS OF VALUE, 2022 VS. 2027
TABLE 113 MARKET, BY OFF-HIGHWAY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 114 MARKET, BY OFF-HIGHWAY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS )
TABLE 115 MARKET, BY OFF-HIGHWAY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 116 MARKET, BY OFF-HIGHWAY VEHICLE TYPE, 2022–2027 (USD MILLION)
10.1.1 ASSUMPTIONS
TABLE 117 ASSUMPTIONS: BY OFF-HIGHWAY VEHICLE TYPE
10.1.2 RESEARCH METHODOLOGY FOR OFF-HIGHWAY VEHICLE TYPE SEGMENT
10.2 AGRICULTURAL EQUIPMENT
10.2.1 STRONG TRACTOR SALES IN 2021 TO DRIVE SEGMENT
TABLE 118 AGRICULTURAL EQUIPMENT HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 119 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 120 MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 121 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
10.3 CONSTRUCTION EQUIPMENT
10.3.1 GROWING INFRASTRUCTURAL ACTIVITIES IN ASIA PACIFIC TO DRIVE SEGMENT
TABLE 122 CONSTRUCTION EQUIPMENT HEAT EXCHANGER MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 123 MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 124 MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 125 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
10.4 KEY PRIMARY INSIGHTS
11 AUTOMOTIVE HEAT EXCHANGER MARKET, BY REGION (Page No. - 178)
11.1 INTRODUCTION
FIGURE 59 MARKET (ICE), BY REGION, 2022 VS. 2027
TABLE 126 MARKET (ICE), BY REGION, 2018–2021 (THOUSAND UNITS)
TABLE 127 MARKET (ICE), BY REGION, 2022–2027 (THOUSAND UNITS)
TABLE 128 MARKET (ICE), BY REGION, 2018–2021 (USD MILLION)
TABLE 129 MARKET (ICE), BY REGION, 2022–2027 (USD MILLION)
11.2 ASIA PACIFIC
FIGURE 60 ASIA PACIFIC: AUTOMOTIVE HEAT EXCHANGER MARKET SNAPSHOT
TABLE 130 ASIA PACIFIC: MARKET, BY COMPONENT (ICE + EV), 2018–2021 (USD MILLION)
TABLE 131 ASIA PACIFIC: MARKET, BY COMPONENT (ICE + EV), 2022–2027 (USD MILLION)
TABLE 132 ASIA PACIFIC: MARKET, BY COMPONENT (ICE), 2018–2021 (THOUSAND UNITS)
TABLE 133 ASIA PACIFIC: MARKET, BY COMPONENT (ICE), 2022–2027 (THOUSAND UNITS)
TABLE 134 ASIA PACIFIC: MARKET, BY COMPONENT (ICE), 2018–2021 (USD MILLION)
TABLE 135 ASIA PACIFIC: MARKET, BY COMPONENT (ICE), 2022–2027 (USD MILLION)
TABLE 136 ASIA PACIFIC: MARKET (ICE), BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 137 ASIA PACIFIC: MARKET (ICE), BY COUNTRY, 2022–2027 (THOUSAND UNITS)
TABLE 138 ASIA PACIFIC: MARKET (ICE), BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 139 ASIA PACIFIC: MARKET (ICE), BY COUNTRY, 2022–2027 (USD MILLION)
11.2.1 CHINA
11.2.1.1 Growing passenger vehicle demand to drive market
TABLE 140 CHINA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 141 CHINA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 142 CHINA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 143 CHINA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.2.2 INDIA
11.2.2.1 Growth in vehicle sales across categories to drive market
TABLE 144 INDIA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 145 INDIA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 146 INDIA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 147 INDIA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.2.3 JAPAN
11.2.3.1 Presence of major automobile manufacturers to drive market
TABLE 148 JAPAN: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 149 JAPAN: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 150 JAPAN: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 151 JAPAN: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.2.4 SOUTH KOREA
11.2.4.1 Increasing demand for passenger cars to drive market
TABLE 152 SOUTH KOREA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 153 SOUTH KOREA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 154 SOUTH KOREA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 155 SOUTH KOREA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.2.5 REST OF ASIA PACIFIC
TABLE 156 REST OF ASIA PACIFIC: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 157 REST OF ASIA PACIFIC: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 158 REST OF ASIA PACIFIC: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 159 REST OF ASIA PACIFIC: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.3 EUROPE
FIGURE 61 EUROPE: MARKET, BY COUNTRY
TABLE 160 EUROPE: MARKET, BY COMPONENT (ICE + EV), 2018–2021 (USD MILLION)
TABLE 161 EUROPE: MARKET, BY COMPONENT (ICE + EV), 2022–2027 (USD MILLION)
TABLE 162 EUROPE: MARKET, BY COMPONENT (ICE), 2018–2021 (THOUSAND UNITS)
TABLE 163 EUROPE: MARKET, BY COMPONENT (ICE), 2022–2027 (THOUSAND UNITS)
TABLE 164 EUROPE: MARKET, BY COMPONENT (ICE), 2018–2021 (USD MILLION)
TABLE 165 EUROPE: MARKET, BY COMPONENT (ICE), 2022–2027 (USD MILLION)
TABLE 166 EUROPE: MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 167 EUROPE: MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
TABLE 168 EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 169 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
11.3.1 FRANCE
11.3.1.1 High production of passenger cars and LCVs to drive market
TABLE 170 FRANCE: AUTOMOTIVE HEAT EXCHANGER MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 171 FRANCE: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 172 FRANCE: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 173 FRANCE: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.3.2 GERMANY
11.3.2.1 Emission norms and shift toward BEVs & PHEVs to drive market
TABLE 174 GERMANY: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 175 GERMANY: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 176 GERMANY: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 177 GERMANY: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.3.3 ITALY
11.3.3.1 Growth in automotive production to drive market
TABLE 178 ITALY: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 179 ITALY: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 180 ITALY: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 181 ITALY: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.3.4 SPAIN
11.3.4.1 Demand for heavy trucks to drive market
TABLE 182 SPAIN: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 183 SPAIN: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 184 SPAIN: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 185 SPAIN: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.3.5 UK
11.3.5.1 Demand for premium passenger cars to drive market
TABLE 186 UK: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 187 UK: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 188 UK: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 189 UK: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.3.6 REST OF EUROPE
TABLE 190 REST OF EUROPE: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 191 REST OF EUROPE: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 192 REST OF EUROPE: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 193 REST OF EUROPE: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
FIGURE 62 TURKEY AUTOMOTIVE INDUSTRY SNAPSHOT
11.4 NORTH AMERICA
FIGURE 63 NORTH AMERICA: MARKET SNAPSHOT
TABLE 194 NORTH AMERICA: MARKET, BY COMPONENT (ICE + EV), 2018–2021 (USD MILLION)
TABLE 195 NORTH AMERICA: MARKET, BY COMPONENT (ICE + EV), 2022–2027 (USD MILLION)
TABLE 196 NORTH AMERICA: MARKET, BY COMPONENT (ICE), 2018–2021 (THOUSAND UNITS)
TABLE 197 NORTH AMERICA: MARKET, BY COMPONENT (ICE), 2022–2027 (THOUSAND UNITS)
TABLE 198 NORTH AMERICA: MARKET, BY COMPONENT (ICE), 2018–2021 (USD MILLION)
TABLE 199 NORTH AMERICA: MARKET, BY COMPONENT (ICE), 2022–2027 (USD MILLION)
TABLE 200 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 201 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
TABLE 202 NORTH AMERICA: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 203 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
11.4.1 CANADA
11.4.1.1 Emission regulations to drive market
TABLE 204 CANADA: MARKET (ICE), BY VEHICLE TYPE, 2018–2021(THOUSAND UNITS)
TABLE 205 CANADA: MARKET (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 206 CANADA: MARKET (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 207 CANADA: MARKET (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.4.2 MEXICO
11.4.2.1 Stringent emission norms to drive market
TABLE 208 MEXICO: MARKET (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 209 MEXICO: MARKET (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 210 MEXICO: MARKET (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 211 MEXICO: MARKET (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.4.3 US
11.4.3.1 Growth in vehicle production to drive market
TABLE 212 US: MARKET (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 213 US: MARKET (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 214 US: MARKET (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 215 US: MARKET (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.5 REST OF THE WORLD
FIGURE 64 REST OF THE WORLD: AUTOMOTIVE HEAT EXCHANGER MARKET, BY COUNTRY, 2022 VS. 2027 (USD MILLION)
TABLE 216 REST OF THE WORLD MARKET, BY COMPONENT (ICE), 2018–2021 (THOUSAND UNITS)
TABLE 217 REST OF THE WORLD MARKET, BY COMPONENT (ICE), 2022–2027 (THOUSAND UNITS)
TABLE 218 REST OF THE WORLD MARKET, BY COMPONENT (ICE), 2018–2021 (USD MILLION)
TABLE 219 REST OF THE WORLD MARKET, BY COMPONENT (ICE), 2022–2027 (USD MILLION)
TABLE 220 REST OF THE WORLD: MARKET (ICE), BY COUNTRY, 2018–2021 (THOUSAND UNITS)
TABLE 221 REST OF THE WORLD: MARKET (ICE), BY COUNTRY, 2022–2027 (THOUSAND UNITS)
TABLE 222 REST OF THE WORLD: MARKET (ICE), BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 223 REST OF THE WORLD: MARKET (ICE), BY COUNTRY, 2022–2027 (USD MILLION)
11.5.1 BRAZIL
11.5.1.1 Robust demand for passenger cars and LCVs to drive market
TABLE 224 BRAZIL: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 225 BRAZIL: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 226 BRAZIL: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 227 BRAZIL: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.5.2 RUSSIA
11.5.2.1 Decline in vehicle production and heavy economic sanctions to hamper market
TABLE 228 RUSSIA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 229 RUSSIA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 230 RUSSIA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 231 RUSSIA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.5.3 SOUTH AFRICA
11.5.3.1 Presence of key OEMs and demand for passenger cars to drive market
TABLE 232 SOUTH AFRICA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 233 SOUTH AFRICA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 234 SOUTH AFRICA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 235 SOUTH AFRICA: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
11.5.4 OTHERS
TABLE 236 OTHERS: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 237 OTHERS: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 238 OTHERS: MARKET SIZE (ICE), BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 239 OTHERS: MARKET SIZE (ICE), BY VEHICLE TYPE, 2022–2027 (USD MILLION)
12 COMPETITIVE LANDSCAPE (Page No. - 233)
12.1 OVERVIEW
12.2 REVENUE ANALYSIS OF TOP COMPANIES
FIGURE 65 5-YEAR REVENUE ANALYSIS OF TOP PLAYERS IN AUTOMOTIVE HEAT EXCHANGER MARKET
12.3 MARKET SHARE ANALYSIS
TABLE 240 MARKET: DEGREE OF COMPETITION
12.4 COMPETITIVE SCENARIO
12.4.1 DEALS
TABLE 241 DEALS, 2018–2021
12.4.2 NEW PRODUCT LAUNCHES
TABLE 242 NEW PRODUCT LAUNCHES, 2018–2021
12.4.3 OTHERS, 2018–2021
TABLE 243 EXPANSIONS, 2018–2021
12.5 COMPANY EVALUATION QUADRANT FOR MARKET
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE
12.5.4 PARTICIPANTS
FIGURE 66 MARKET: COMPANY EVALUATION QUADRANT, 2021
TABLE 244 MARKET: COMPANY FOOTPRINT, 2021
TABLE 245 MARKET: PRODUCT TYPE FOOTPRINT, 2021
TABLE 246 MARKET: REGIONAL FOOTPRINT, 2021
12.6 COMPETITIVE EVALUATION QUADRANT, SME PLAYERS
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
FIGURE 67 AUTOMOTIVE HEAT EXCHANGER MARKET: COMPETITIVE LEADERSHIP MAPPING FOR SME, 2021
12.7 RIGHT TO WIN, 2018-2021
TABLE 247 RIGHT TO WIN, 2018-2021
13 COMPANY PROFILES (Page No. - 249)
13.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
13.1.1 DENSO CORPORATION
TABLE 248 DENSO CORPORATION: BUSINESS OVERVIEW
FIGURE 68 DENSO CORPORATION: COMPANY SNAPSHOT
FIGURE 69 DENSO CORPORATION’S SHAREHOLDERS (2020)
TABLE 249 DENSO CORPORATION: KEY CUSTOMERS
TABLE 250 DENSO CORPORATION: SALES BREAKDOWN BY OEM
TABLE 251 DENSO CORPORATION: MAJOR SUBSIDIARIES AND AFFILIATES
TABLE 252 DENSO CORPORATION: PRODUCTS OFFERED
TABLE 253 DENSO CORPORATION: NEW PRODUCT DEVELOPMENTS
TABLE 254 DENSO CORPORATION: OTHERS
13.1.2 VALEO
TABLE 255 VALEO: BUSINESS OVERVIEW
FIGURE 70 VALEO: COMPANY SNAPSHOT
FIGURE 71 VALEO: ORIGINAL EQUIPMENT SALES BY CUSTOMER PORTFOLIO (2021)
TABLE 256 VALEO: PRODUCTS OFFERED
TABLE 257 VALEO: KEY CUSTOMERS
TABLE 258 VALEO: MAJOR SUPPLY AGREEMENTS
TABLE 259 VALEO: BUSINESS GROUPS WITH MAJOR COMPETITORS
TABLE 260 VALEO: NEW PRODUCT DEVELOPMENTS
TABLE 261 VALEO: DEALS
TABLE 262 VALEO: OTHERS
13.1.3 DANA INCORPORATED
TABLE 263 DANA INCORPORATED: BUSINESS OVERVIEW
FIGURE 72 DANA INCORPORATED: COMPANY SNAPSHOT
FIGURE 73 DANA INCORPORATED: CUSTOMER SALES SNAPSHOT (2020)
TABLE 264 DANA INCORPORATED: PRODUCTS OFFERED
TABLE 265 DANA INCORPORATED: KEY CUSTOMERS
TABLE 266 DANA INCORPORATED: MAJOR SUPPLY AGREEMENTS
TABLE 267 DANA INCORPORATED: COMPETITORS
TABLE 268 DANA INCORPORATED: NUMBER OF MANUFACTURING AND DISTRIBUTION FACILITIES, AS OF DECEMBER 31, 2020
TABLE 269 DANA INCORPORATED: DEALS
TABLE 270 DANA INCORPORATED: OTHERS
13.1.4 MAHLE GMBH
TABLE 271 MAHLE GMBH: BUSINESS OVERVIEW
FIGURE 74 DUAL STRATEGY FOLLOWED BY MAHLE GMBH
FIGURE 75 MAHLE GMBH: COMPANY SNAPSHOT
TABLE 272 MAHLE GMBH: PRODUCTS OFFERED
TABLE 273 MAHLE GMBH: KEY CUSTOMERS
TABLE 274 MAHLE GMBH: MAJOR SUPPLY AGREEMENTS
TABLE 275 MAHLE GMBH: NEW PRODUCT DEVELOPMENTS
TABLE 276 MAHLE GMBH: DEALS
TABLE 277 MAHLE GMBH: OTHERS
13.1.5 HANON SYSTEMS
TABLE 278 HANON SYSTEMS: BUSINESS OVERVIEW
FIGURE 76 HANON SYSTEMS: COMPANY SNAPSHOT
TABLE 279 HANON SYSTEMS: PRODUCTS OFFERED
TABLE 280 HANON SYSTEMS: KEY CUSTOMERS
TABLE 281 HANON SYSTEMS: MAJOR SUPPLY AGREEMENTS
TABLE 282 HANON SYSTEMS: NEW PRODUCT DEVELOPMENTS:
TABLE 283 HANON SYSTEMS: DEALS
TABLE 284 HANON SYSTEMS: OTHERS
13.1.6 MARELLI CORPORATION
TABLE 285 MARELLI CORPORATION: BUSINESS OVERVIEW
TABLE 286 MARELLI CORPORATION: PRODUCTS OFFERED
TABLE 287 MARELLI CORPORATION: KEY CUSTOMERS
TABLE 288 MARELLI CORPORATION: MAJOR SUPPLY AGREEMENTS
TABLE 289 MARELLI CORPORATION: MAJOR AREAS OF R&D
TABLE 290 MARELLI CORPORATION: NEW PRODUCT DEVELOPMENTS:
TABLE 291 MARELLI CORPORATION: DEALS
TABLE 292 MARELLI CORPORATION: OTHERS
13.1.7 SANDEN CORPORATION
TABLE 293 SANDEN CORPORATION: BUSINESS OVERVIEW
FIGURE 77 SANDEN CORPORATION: COMPANY SNAPSHOT
TABLE 294 SANDEN CORPORATION: PRODUCTS OFFERED
TABLE 295 SANDEN CORPORATION: KEY CUSTOMERS
TABLE 296 SANDEN CORPORATION: MAJOR SUPPLY AGREEMENTS
TABLE 297 SANDEN CORPORATION: NEW PRODUCT DEVELOPMENTS
TABLE 298 SANDEN CORPORATION: DEALS
TABLE 299 SANDEN CORPORATION: OTHER DEVELOPMENTS
13.1.8 T.RAD CO. LTD.
TABLE 300 T.RAD CO. LTD.: BUSINESS OVERVIEW
FIGURE 78 T.RAD CO. LTD.: COMPANY SNAPSHOT
TABLE 301 T.RAD CO. LTD.: PRODUCT RANGE OFFERED
TABLE 302 T.RAD CO. LTD.: DEALS
TABLE 303 T.RAD CO. LTD.: OTHER DEVELOPMENTS
13.1.9 AKG GROUP
TABLE 304 AKG GROUP: BUSINESS OVERVIEW
TABLE 305 AKG GROUP: PRODUCTS OFFERED
TABLE 306 AKG GROUP: DEVELOPMENTS
13.1.10 NIPPON LIGHT METAL HOLDINGS COMPANY, LTD.
TABLE 307 NIPPON LIGHT METAL HOLDINGS COMPANY, LTD.: BUSINESS OVERVIEW
FIGURE 79 NIPPON LIGHT METAL HOLDINGS COMPANY, LTD.: COMPANY SUBSIDIARIES
FIGURE 80 NIPPON LIGHT METAL HOLDINGS COMPANY, LTD.: COMPANY SNAPSHOT
TABLE 308 NIPPON LIGHT METAL HOLDINGS COMPANY, LTD.: PRODUCTS OFFERED
13.1.11 MODINE MANUFACTURING COMPANY
TABLE 309 MODINE MANUFACTURING COMPANY: BUSINESS OVERVIEW
FIGURE 81 MODINE MANUFACTURING COMPANY: COMPANY SNAPSHOT
TABLE 310 MODINE MANUFACTURING COMPANY: PRODUCTS OFFERED
TABLE 311 MODINE MANUFACTURING COMPANY: DEALS
TABLE 312 MODINE MANUFACTURING COMPANY: OTHERS
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13.2 OTHER KEY PLAYERS
13.2.1 CLIZEN INC.
TABLE 313 CLIZEN INC.: BUSINESS OVERVIEW
13.2.2 SM AUTO ENGINEERING PVT LTD.
TABLE 314 SM AUTO ENGINEERING PVT LTD.: BUSINESS OVERVIEW
13.2.3 GRIFFIN THERMAL PRODUCTS
TABLE 315 GRIFFIN THERMAL PRODUCTS: BUSINESS OVERVIEW
13.2.4 BANCO PRODUCTS (INDIA) LTD.
TABLE 316 BANCO PRODUCTS (INDIA) LTD.: BUSINESS OVERVIEW
13.2.5 NISSENS AUTOMOTIVE A/S
TABLE 317 NISSENS AUTOMOTIVE A/S: BUSINESS OVERVIEW
13.2.6 G&M RADIATOR
TABLE 318 G&M RADIATOR: BUSINESS OVERVIEW
13.2.7 SENIOR PLC
TABLE 319 SENIOR PLC: BUSINESS OVERVIEW
13.2.8 BORGWARNER INC.
TABLE 320 BORGWARNER INC.: BUSINESS OVERVIEW
13.2.9 SWAMI VESSELS PRIVATE LIMITED
TABLE 321 SWAMI VESSELS PRIVATE LIMITED: BUSINESS OVERVIEW
13.2.10 CLIMETAL S.L.
TABLE 322 CLIMETAL S.L.: BUSINESS OVERVIEW
13.2.11 TYC BROTHER INDUSTRIAL CO., LTD.
TABLE 323 TYC BROTHER INDUSTRIAL CO., LTD.: BUSINESS OVERVIEW
14 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 308)
14.1 ASIA PACIFIC TO DOMINATE AUTOMOTIVE HEAT EXCHANGER MARKET
14.2 CHINA AND INDIA WILL BE PROMISING MARKETS FOR MANUFACTURERS IN COMING YEARS
14.3 BEV TO EMERGE AS FASTEST-GROWING SEGMENT
14.4 CONCLUSION
15 APPENDIX (Page No. - 310)
15.1 KEY INSIGHTS OF INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
15.4 AVAILABLE CUSTOMIZATIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
The study involves 4 main activities to estimate the current size of the automotive heat exchanger market. Exhaustive secondary research was done to collect information on the market. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size of different segments considered in this study. Market breakdown and data triangulation were then used to estimate the market size of the segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, International Organization of Motor Vehicle Manufacturers (OICA), Association of Equipment Manufacturers (AEM), Canadian Automobile Association (CAA), International Energy Association (IEA)], articles, directories, technical handbooks, trade websites, technical articles, and databases (for example, Marklines, and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global automotive heat exchanger market.
Primary Research
Extensive primary research was conducted after acquiring an understanding of the automotive heat exchanger market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand (automotive OEMs) and supply (automotive heat exchanger manufacturers and raw material/component manufacturers) sides across major regions, namely, North America, Europe, and Asia Pacific. Approximately 17% and 83% of primary interviews were conducted from the demand and supply sides, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews.
In the canvassing of primaries, various departments within organizations, such as sales, operations, and marketing, were covered to provide a holistic viewpoint in the report. After interacting with industry experts, brief sessions were also conducted with highly experienced independent consultants to reinforce the findings from primaries. This, along with the in-house subject matter experts’ opinions, led to the findings described in the remainder of this report.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The top-down methodology has been followed to estimate the automotive heat exchanger market by design. For the design segment, penetration was identified by secondary and primary research. The total market size is multiplied by the penetration (%) obtained through findings. This results in the country-level market size in terms of value. The summation of the country-level markets results in the regional market, and further summation of the regional markets provides the global market by design.
For instance
- The automotive heat exchanger market for design type was derived using the top-down approach to estimate the subsegments: plate bar, tube fin, and others.
- Understanding the penetration rate of each design (plate bar, tube fin, and others) across all vehicle types.
- Multiplying the penetration rate by total market size gives breakdown for design segment of the market.
Data Triangulation
After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, segment, and forecast the global automotive heat exchanger market in terms of volume (000’ units) and value (USD Million)
- To segment the global market and forecast its size by propulsion and component, design, electric vehicle type, vehicle type, off-highway vehicle, and region
- To segment the global market and forecast the market size, by volume and value, based on the propulsion & component – ICE (engine radiator, condenser, evaporator, oil coolers, heaters, charge air cooler, and exhaust gas heat exchangers) and electric vehicle (battery cooling system, condenser, evaporator, and heater)
- To segment the global market and forecast the market size, by volume and value, based on design – plate bar, tube fin, and others (extrusion fin and plate fin)
- To segment the global market and forecast the market size, by volume and value, based on electric vehicle type – BEV, HEV, and PHEV
- To segment the global market and forecast the market size, by volume, and value, based on vehicle type – passenger car, light commercial vehicle, truck, and bus
- To segment the global market, and forecast the market size, by volume, and value, based on off-highway vehicle type — agricultural equipment and construction equipment
- To forecast the market size with respect to key regions, namely, North America, Europe, Asia Pacific, and Rest of the World
- To provide detailed information regarding major factors influencing the market growth (drivers, challenges, restraints, and opportunities)
- To strategically analyze the market with respect to individual growth trends, prospects, and contributions to the total market
- To strategically profile key players and comprehensively analyze their market shares and core competencies
- To analyze the opportunities for stakeholders and the competitive landscape for market leaders
- To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants
Available Customizations
With the given market data, MarketsandMarkets offers customizations in accordance with the company’s specific needs.
- By Component at regional level for each vehicle type
- By Design at regional level for each vehicle type
- By Electric Vehicle Type at country level
- By Electric Vehicle Type in terms of volume
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Company Information
- Profiling of Additional Market Players (Up to 5)
Generating Response ...
Growth opportunities and latent adjacency in Automotive Heat Exchanger Market