Automotive Heat Exchanger Market

Automotive Heat Exchanger - Global Market Outlook (2020-2028)

4.3 (72 reviews)
Published: April 2021 ID: SMRC20457
4.3 (72 reviews)
Published: April 2021 ID: SMRC20457

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Automotive Heat Exchanger Market is accounted for $23.28 billion in 2020 and is expected to reach $45.03 billion by 2028 growing at a CAGR of 8.6% during the forecast period. Growing adoption of energy-efficient equipment, increasing demand for turbochargers and stringent emission regulations in different countries are driving the market growth. However, rising complexity associated with the designing of advanced and light weight heat exchangers and increasing fluctuation in the prices of raw materials are hampering the growth of the market.

Automotive heat exchanger is a device designed to efficiently exchange the heat from one medium to another at different temperatures. The two mediums contain fluids that flow to each other but are separated by a metal having good heat transfer properties. Out of the two, one is hot and the other a cold fluid. The hot liquid transfers heat to the freezing liquid as they both pass through the heat exchanger, thus decreasing the high temperature of the hot liquid and raising the warmth of the cold liquid.

Based on the vehicle type, the passenger car segment is going to have lucrative growth during the forecast period owing to the rise in production of passenger cars globally, high demand for premium vehicles and SUVs, high-performance expectation from personal vehicles and increasing the application of automotive heat exchangers in passenger vehicles. By geography, Asia Pacific is going to have high growth during the forecast period due to an ever-increasing demand for heat exchangers because of their diverse applications, production and demand for automobiles and the number of vehicles on the road and manufacturers in the APAC region investing heavily in the lightweight automotive material (such as aluminum).

Some of the key players profiled in the Automotive Heat Exchanger Market include Wuxi Guanyun Heat Exchanger Co., Ltd., Visteon Corporation, Alfa Laval, SGL Carbon, American Industrial Heat Transfer, Inc., Nippon Light Metal, MAHLE Group, Hanon Systems, Clizen Inc., GEA Group, Denso, Constellium, Dana Incorporated, G&M Radiator, Calsonic Kansei, Güntner, Sanden Corporation, and Valeo.

Material Types Covered:
• Copper Type
• Aluminum Type

Types Covered:
• Powertrain Thermal Management
• Heating, Ventilation, and Air Conditioning (HVAC) Thermal Management

Design Types Covered:
• Tube Fin
• Plate Bar/Plate and Frame
• Double Pipe
• Shell and Tube   

Flow Types Covered:
• Counter Flow
• Parallel Flow
• Cross Flow 

Off-Highway Vehicle Types Covered:
• Agricultural Equipment
• Construction Equipment

Powertrain Types Covered:
• Electric Vehicles
• Internal Combustion Engine (ICE) Vehicles/Conventional Vehicles 

Order Types Covered:
• Cooling System
• Intake System
• Exhaust Gas Recirculation (EGR) System

Vehicle Types Covered:
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Passenger Car
• Off-The-Road (OTR) Vehicles

Sales Channels Covered:
• Original Equipment Manufacturers (OEM)
• Aftermarket

Applications Covered:
• Radiators
• Oil Coolers
• Intercoolers
• Exhaust Gas Heat Exchangers
• Air Conditioning Systems

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China        
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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