Automotive Radiator Fan Market
PUBLISHED: 2020 ID: SMRC20092
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Automotive Radiator Fan Market

Automotive Radiator Fan - Global Market Outlook (2019-2027)

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4.0 (41 reviews)
Published: 2020 ID: SMRC20092

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

According to Stratistics MRC, the Global Automotive Radiator Fan Market is accounted for $3.23 billion in 2019 and is expected to reach $4.42 billion by 2027 growing at a CAGR of 4.0% during the forecast period. Rise in adoption of electronic systems in modern vehicles, technological advancements in the automotive industry and rising demand for fuel efficiency are some of the factors propelling the growth of the market. However, high maintenance cost is hampering the growth of the market.

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The radiator fan is an integral component of the radiator assembly. The main function of the radiator fan is to move air over radiator fins to decrease the temperature of the coolant flowing through the fins. The fan is actuated using the radiator cooling fan motor and is anticipated to produce more competence result due to the consistent regulation of blades regardless of the natural flow of the air inside the radiator.

Based on the vehicle type, the passenger vehicle segment is anticipated to hold considerable market share during the forecast period due to the rise in passenger vehicles sales across the globe such as rapid urbanization, increase in per capita income, and decrease in bank interest rates. By geography, Asia Pacific is expected to grow at a significant market share during the forecast period owing to the presence of a prominent automotive industry, increasingly focusing on optimizing the performance of the vehicles because of stringent government guidelines and mounting environmental concerns, and rising vehicle production as well as sales of electric vehicles in China.

Some of the key players profiled in the Automotive Radiator Fan Market include Valeo SA, USUI Co. Ltd., Toshiba Electronics Devices & Storage Corporation, Suzhou Yilli Technology Co. Ltd., AVID Technology Limited, BorgWarner Inc., Multi-Wing International a/s, Horton Holdings Inc., Guangzhou Tech Master Auto Parts Co. Ltd., FLEXXAIRE, Ebm-Papst, Delta Radiator Fan Ltd., CalsonicKansei North America Inc., Bergstorm Climate Con troll Systems, SPAL Automotive, AMETEK Inc., Sunonwealth Electric Machine Industry Co. Ltd., and Denso Corporation.  

Materials Covered:
• Composite
• Steel
• Plastics
• Copper
• Aluminium

Vehicle Types Covered:
• Commercial Vehicle
• Electric Vehicle
• Passenger Vehicle  

Radiator Fan Types Covered:
• Electric
• Mechanical

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

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 UAE
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 2018, 2019, 2020, 2024 and 2027
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary           
             
2 Preface         
   
 2.1 Abstract           
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology         
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions         
             
3 Market Trend Analysis          
 3.1 Introduction          
 3.2 Drivers           
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats           
 3.6 Emerging Markets          
 3.7 Impact of Covid-19          
             
4 Porters Five Force Analysis          
 4.1 Bargaining power of suppliers         
 4.2 Bargaining power of buyers         
 4.3 Threat of substitutes         
 4.4 Threat of new entrants         
 4.5 Competitive rivalry          
             
5 Global Automotive Radiator Fan Market, By Material       
 5.1 Introduction          
 5.2 Composite          
 5.3 Steel           
 5.4 Plastics           
 5.5 Copper           
 5.6 Aluminium          
              
6 Global Automotive Radiator Fan Market, By Vehicle Type       
 6.1 Introduction          
 6.2 Commercial Vehicle         
  6.2.1 Medium and Heavy Commercial Vehicles      
  6.2.2 Light Commercial Vehicles        
 6.3 Electric Vehicle           
 6.4 Passenger Vehicle          
             
7 Global Automotive Radiator Fan Market, By Radiator Fan Type      
 7.1 Introduction          
 7.2 Electric           
 7.3 Mechanical          
             
8 Global Automotive Radiator Fan Market, By Sales Channel       
 8.1 Introduction          
 8.2 Original Equipment Manufacturer (OEM)        
 8.3 Aftermarket          
             
9 Global Automotive Radiator Fan Market, By Geography       
 9.1 Introduction          
 9.2 North America          
  9.2.1 US          
  9.2.2 Canada          
  9.2.3 Mexico          
 9.3 Europe           
  9.3.1 Germany          
  9.3.2 UK          
  9.3.3 Italy          
  9.3.4 France          
  9.3.5 Spain          
  9.3.6 Rest of Europe         
 9.4 Asia Pacific          
  9.4.1 Japan          
  9.4.2 China          
  9.4.3 India          
  9.4.4 Australia          
  9.4.5 New Zealand         
  9.4.6 South Korea         
  9.4.7 Rest of Asia Pacific         
 9.5 South America          
  9.5.1 Argentina         
  9.5.2 Brazil          
  9.5.3 Chile          
  9.5.4 Rest of South America        
 9.6 Middle East & Africa         
  9.6.1 Saudi Arabia         
  9.6.2 UAE          
  9.6.3 Qatar           
  9.6.4 South Africa         
  9.6.5 Rest of Middle East & Africa        
             
10 Key Developments           
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 10.2 Acquisitions & Mergers         
 10.3 New Product Launch         
 10.4 Expansions          
 10.5 Other Key Strategies         
             
11 Company Profiling           
 11.1 Valeo SA           
 11.2 USUI Co. Ltd.          
 11.3 Toshiba Electronics Devices & Storage Corporation       
 11.4 Suzhou Yilli Technology Co. Ltd.        
 11.5 AVID Technology Limited          
 11.6 BorgWarner Inc.          
 11.7 Multi-Wing International a/s         
 11.8 Horton Holdings Inc.         
 11.9 Guangzhou Tech Master Auto Parts Co. Ltd.        
 11.10 FLEXXAIRE          
 11.11 Ebm-Papst          
 11.12 Delta Radiator Fan Ltd.         
 11.13 CalsonicKansei North America Inc.        
 11.14 Bergstorm Climate Con troll Systems        
 11.15 SPAL Automotive          
 11.16 AMETEK Inc.           
 11.17 Sunonwealth Electric Machine Industry Co. Ltd.       
 11.18 Denso Corporation          


List of Tables            
1 Global Automotive Radiator Fan Market Outlook, By Region (2018-2027) ($MN)     
2 Global Automotive Radiator Fan Market Outlook, By Material (2018-2027) ($MN)     
3 Global Automotive Radiator Fan Market Outlook, By Composite (2018-2027) ($MN)     
4 Global Automotive Radiator Fan Market Outlook, By Steel (2018-2027) ($MN)     
5 Global Automotive Radiator Fan Market Outlook, By Plastics (2018-2027) ($MN)     
6 Global Automotive Radiator Fan Market Outlook, By Copper (2018-2027) ($MN)     
7 Global Automotive Radiator Fan Market Outlook, By Aluminium (2018-2027) ($MN)     
8 Global Automotive Radiator Fan Market Outlook, By Vehicle Type (2018-2027) ($MN)    
9 Global Automotive Radiator Fan Market Outlook, By Commercial Vehicle (2018-2027) ($MN)    
10 Global Automotive Radiator Fan Market Outlook, By Medium and Heavy Commercial Vehicles (2018-2027) ($MN)  
11 Global Automotive Radiator Fan Market Outlook, By Light Commercial Vehicles (2018-2027) ($MN)   
12 Global Automotive Radiator Fan Market Outlook, By Electric Vehicle (2018-2027) ($MN)    
13 Global Automotive Radiator Fan Market Outlook, By Passenger Vehicle (2018-2027) ($MN)    
14 Global Automotive Radiator Fan Market Outlook, By Radiator Fan Type (2018-2027) ($MN)    
15 Global Automotive Radiator Fan Market Outlook, By Electric (2018-2027) ($MN)     
16 Global Automotive Radiator Fan Market Outlook, By Mechanical (2018-2027) ($MN)    
17 Global Automotive Radiator Fan Market Outlook, By Sales Channel (2018-2027) ($MN)    
18 Global Automotive Radiator Fan Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)  
19 Global Automotive Radiator Fan Market Outlook, By Aftermarket (2018-2027) ($MN)    
20 North America Automotive Radiator Fan Market Outlook, By Country (2018-2027) ($MN)    
21 North America Automotive Radiator Fan Market Outlook, By Material (2018-2027) ($MN)    
22 North America Automotive Radiator Fan Market Outlook, By Composite (2018-2027) ($MN)    
23 North America Automotive Radiator Fan Market Outlook, By Steel (2018-2027) ($MN)    
24 North America Automotive Radiator Fan Market Outlook, By Plastics (2018-2027) ($MN)    
25 North America Automotive Radiator Fan Market Outlook, By Copper (2018-2027) ($MN)    
26 North America Automotive Radiator Fan Market Outlook, By Aluminium (2018-2027) ($MN)    
27 North America Automotive Radiator Fan Market Outlook, By Vehicle Type (2018-2027) ($MN)    
28 North America Automotive Radiator Fan Market Outlook, By Commercial Vehicle (2018-2027) ($MN)   
29 North America Automotive Radiator Fan Market Outlook, By Medium and Heavy Commercial Vehicles (2018-2027) ($MN) 
30 North America Automotive Radiator Fan Market Outlook, By Light Commercial Vehicles (2018-2027) ($MN)  
31 North America Automotive Radiator Fan Market Outlook, By Electric Vehicle (2018-2027) ($MN)   
32 North America Automotive Radiator Fan Market Outlook, By Passenger Vehicle (2018-2027) ($MN)   
33 North America Automotive Radiator Fan Market Outlook, By Radiator Fan Type (2018-2027) ($MN)   
34 North America Automotive Radiator Fan Market Outlook, By Electric (2018-2027) ($MN)     
35 North America Automotive Radiator Fan Market Outlook, By Mechanical (2018-2027) ($MN)    
36 North America Automotive Radiator Fan Market Outlook, By Sales Channel (2018-2027) ($MN)   
37 North America Automotive Radiator Fan Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN) 
38 North America Automotive Radiator Fan Market Outlook, By Aftermarket (2018-2027) ($MN)    
39 Europe Automotive Radiator Fan Market Outlook, By Country (2018-2027) ($MN)     
40 Europe Automotive Radiator Fan Market Outlook, By Material (2018-2027) ($MN)     
41 Europe Automotive Radiator Fan Market Outlook, By Composite (2018-2027) ($MN)    
42 Europe Automotive Radiator Fan Market Outlook, By Steel (2018-2027) ($MN)     
43 Europe Automotive Radiator Fan Market Outlook, By Plastics (2018-2027) ($MN)     
44 Europe Automotive Radiator Fan Market Outlook, By Copper (2018-2027) ($MN)     
45 Europe Automotive Radiator Fan Market Outlook, By Aluminium (2018-2027) ($MN)    
46 Europe Automotive Radiator Fan Market Outlook, By Vehicle Type (2018-2027) ($MN)    
47 Europe Automotive Radiator Fan Market Outlook, By Commercial Vehicle (2018-2027) ($MN)    
48 Europe Automotive Radiator Fan Market Outlook, By Medium and Heavy Commercial Vehicles (2018-2027) ($MN)  
49 Europe Automotive Radiator Fan Market Outlook, By Light Commercial Vehicles (2018-2027) ($MN)   
50 Europe Automotive Radiator Fan Market Outlook, By Electric Vehicle (2018-2027) ($MN)    
51 Europe Automotive Radiator Fan Market Outlook, By Passenger Vehicle (2018-2027) ($MN)    
52 Europe Automotive Radiator Fan Market Outlook, By Radiator Fan Type (2018-2027) ($MN)    
53 Europe Automotive Radiator Fan Market Outlook, By Electric (2018-2027) ($MN)     
54 Europe Automotive Radiator Fan Market Outlook, By Mechanical (2018-2027) ($MN)    
55 Europe Automotive Radiator Fan Market Outlook, By Sales Channel (2018-2027) ($MN)    
56 Europe Automotive Radiator Fan Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)  
57 Europe Automotive Radiator Fan Market Outlook, By Aftermarket (2018-2027) ($MN)    
58 Asia Pacific Automotive Radiator Fan Market Outlook, By Country (2018-2027) ($MN)    
59 Asia Pacific Automotive Radiator Fan Market Outlook, By Material (2018-2027) ($MN)    
60 Asia Pacific Automotive Radiator Fan Market Outlook, By Composite (2018-2027) ($MN)    
61 Asia Pacific Automotive Radiator Fan Market Outlook, By Steel (2018-2027) ($MN)     
62 Asia Pacific Automotive Radiator Fan Market Outlook, By Plastics (2018-2027) ($MN)    
63 Asia Pacific Automotive Radiator Fan Market Outlook, By Copper (2018-2027) ($MN)    
64 Asia Pacific Automotive Radiator Fan Market Outlook, By Aluminium (2018-2027) ($MN)    
65 Asia Pacific Automotive Radiator Fan Market Outlook, By Vehicle Type (2018-2027) ($MN)    
66 Asia Pacific Automotive Radiator Fan Market Outlook, By Commercial Vehicle (2018-2027) ($MN)   
67 Asia Pacific Automotive Radiator Fan Market Outlook, By Medium and Heavy Commercial Vehicles (2018-2027) ($MN) 
68 Asia Pacific Automotive Radiator Fan Market Outlook, By Light Commercial Vehicles (2018-2027) ($MN)   
69 Asia Pacific Automotive Radiator Fan Market Outlook, By Electric Vehicle (2018-2027) ($MN)    
70 Asia Pacific Automotive Radiator Fan Market Outlook, By Passenger Vehicle (2018-2027) ($MN)   
71 Asia Pacific Automotive Radiator Fan Market Outlook, By Radiator Fan Type (2018-2027) ($MN)   
72 Asia Pacific Automotive Radiator Fan Market Outlook, By Electric (2018-2027) ($MN)    
73 Asia Pacific Automotive Radiator Fan Market Outlook, By Mechanical (2018-2027) ($MN)    
74 Asia Pacific Automotive Radiator Fan Market Outlook, By Sales Channel (2018-2027) ($MN)    
75 Asia Pacific Automotive Radiator Fan Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN) 
76 Asia Pacific Automotive Radiator Fan Market Outlook, By Aftermarket (2018-2027) ($MN)    
77 South America Automotive Radiator Fan Market Outlook, By Country (2018-2027) ($MN)    
78 South America Automotive Radiator Fan Market Outlook, By Material (2018-2027) ($MN)    
79 South America Automotive Radiator Fan Market Outlook, By Composite (2018-2027) ($MN)    
80 South America Automotive Radiator Fan Market Outlook, By Steel (2018-2027) ($MN)    
81 South America Automotive Radiator Fan Market Outlook, By Plastics (2018-2027) ($MN)    
82 South America Automotive Radiator Fan Market Outlook, By Copper (2018-2027) ($MN)    
83 South America Automotive Radiator Fan Market Outlook, By Aluminium (2018-2027) ($MN)    
84 South America Automotive Radiator Fan Market Outlook, By Vehicle Type (2018-2027) ($MN)    
85 South America Automotive Radiator Fan Market Outlook, By Commercial Vehicle (2018-2027) ($MN)   
86 South America Automotive Radiator Fan Market Outlook, By Medium and Heavy Commercial Vehicles (2018-2027) ($MN) 
87 South America Automotive Radiator Fan Market Outlook, By Light Commercial Vehicles (2018-2027) ($MN)  
88 South America Automotive Radiator Fan Market Outlook, By Electric Vehicle (2018-2027) ($MN)   
89 South America Automotive Radiator Fan Market Outlook, By Passenger Vehicle (2018-2027) ($MN)   
90 South America Automotive Radiator Fan Market Outlook, By Radiator Fan Type (2018-2027) ($MN)   
91 South America Automotive Radiator Fan Market Outlook, By Electric (2018-2027) ($MN)    
92 South America Automotive Radiator Fan Market Outlook, By Mechanical (2018-2027) ($MN)    
93 South America Automotive Radiator Fan Market Outlook, By Sales Channel (2018-2027) ($MN)   
94 South America Automotive Radiator Fan Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN) 
95 South America Automotive Radiator Fan Market Outlook, By Aftermarket (2018-2027) ($MN)    
96 Middle East & Africa Automotive Radiator Fan Market Outlook, By Country (2018-2027) ($MN)    
97 Middle East & Africa Automotive Radiator Fan Market Outlook, By Material (2018-2027) ($MN)   
98 Middle East & Africa Automotive Radiator Fan Market Outlook, By Composite (2018-2027) ($MN)   
99 Middle East & Africa Automotive Radiator Fan Market Outlook, By Steel (2018-2027) ($MN)    
100 Middle East & Africa Automotive Radiator Fan Market Outlook, By Plastics (2018-2027) ($MN)    
101 Middle East & Africa Automotive Radiator Fan Market Outlook, By Copper (2018-2027) ($MN)    
102 Middle East & Africa Automotive Radiator Fan Market Outlook, By Aluminium (2018-2027) ($MN)   
103 Middle East & Africa Automotive Radiator Fan Market Outlook, By Vehicle Type (2018-2027) ($MN)   
104 Middle East & Africa Automotive Radiator Fan Market Outlook, By Commercial Vehicle (2018-2027) ($MN)  
105 Middle East & Africa Automotive Radiator Fan Market Outlook, By Medium and Heavy Commercial Vehicles (2018-2027) ($MN)
106 Middle East & Africa Automotive Radiator Fan Market Outlook, By Light Commercial Vehicles (2018-2027) ($MN)  
107 Middle East & Africa Automotive Radiator Fan Market Outlook, By Electric Vehicle (2018-2027) ($MN)   
108 Middle East & Africa Automotive Radiator Fan Market Outlook, By Passenger Vehicle (2018-2027) ($MN)   
109 Middle East & Africa Automotive Radiator Fan Market Outlook, By Radiator Fan Type (2018-2027) ($MN)   
110 Middle East & Africa Automotive Radiator Fan Market Outlook, By Electric (2018-2027) ($MN)    
111 Middle East & Africa Automotive Radiator Fan Market Outlook, By Mechanical (2018-2027) ($MN)   
112 Middle East & Africa Automotive Radiator Fan Market Outlook, By Sales Channel (2018-2027) ($MN)   
113 Middle East & Africa Automotive Radiator Fan Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
114 Middle East & Africa Automotive Radiator Fan Market Outlook, By Aftermarket (2018-2027) ($MN)   

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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