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Automotive Heat Exchanger Market: Industry Analysis, Opportunity Assessment and Forecast upto 2025

07-10-2017 08:40 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Automotive Heat Exchanger Market: Industry Analysis,

A heat exchanger is a component which allows the transfer of heat from one medium to another at varying temperatures. In most common automotive heat exchangers, the two mediums contain fluids, which flow close to each other but separated by a metal having good heat transfer properties. Out of the two fluid in the two different mediums, one is hot and the other a cold fluid. When the temperature of the hot liquid rises, the heat of this liquid is passed on to the cold fluid through the heat exchanger, thereby increasing the temperature of the cold fluid and decreasing the same of the hot fluid.

Increasing production of vehicles and rising demand for passenger vehicles is a major driving factor for the automotive heat exchanger market. In addition, rising trend of engine downsizing coupled with advancement in light weight automotive materials and rising application of heat exchangers in hybrid and electric vehicles are the major factors driving the growth of global automotive heat exchanger market. Moreover, growth in the automotive sector and rising investments in automotive heat exchanger manufacturing companies across the world is set to influence the market significantly during the forecast period. The two major inhibiting factors for the global automotive heat exchanger market are the volatility in the prices of raw materials and complexity in designing of advanced and light weight heat exchangers.

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The automotive heat exchanger market can be classified by type, by application and by geography. The type segment can be classified into radiator, oil cooler and intercooler. By application, the market can be segregated as passenger vehicles, light commercial vehicles and heavy commercial vehicles. By geography, the market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

In the automotive heat exchanger market, Asia Pacific holds the largest market share in terms of revenue followed by North America, Europe, Latin America and, Middle East and Africa (MEA). In the Asia Pacific region, countries such as China and India has been witnessing heavy demand and production for passenger vehicles. This in turn is increasing the application of automotive heat exchangers in passenger vehicles of above mentioned countries. In North America, the U.S. is the largest market for automotive heat exchanger. The U.S. is the second largest manufacturer of automobiles in the world. In Europe, Germany is the most significant market and the largest contributor to the automotive heat exchanger market in the region because of the presence of major automobile manufactures in Germany. The growth rate of automotive heat exchanger market in Latin America, and Middle East and Africa is low considering the less usage and production of vehicles in the aforementioned regions. However, with the growth in the automotive sector and investments in automobile companies of Latin America and Middle East and Africa, the market for automotive heat exchanger is expected to improve in the coming years.

Get accurate market forecast and analysis on the Automotive Heat Exchanger Market . Request a sample to stay abreast on the key trends impacting this market
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The report also provides company market share analysis of the various industry participants. Acquisition is the main strategy being widely followed by leading market players. In case of an acquisition, the acquirer takes advantage of existing synergies. As a result, both companies are expected to emerge more profitable and stronger than before. Key players in the global automotive heat exchanger market have been profiled and their company overview, financial overview, business strategies and recent developments have been covered in the report. Major market participants profiled in this report include: Robert Bosch GmbH, Denso Corporation, Valeo SA, Mahle GmbH, Alfa Laval AB, Gunter GmbH & Co. KG, API, Danfoss A/S, SPX Corporation, SGL Carbon Technic LLC, GEA Group and Tranter Inc. among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, coThe global automotive engine actuators market can be segmented by product type, and region. In terms of type of automotive actuators, the global market can be segregated into electronic throttle system and variable valve timing systems. In 2016, the variable valve timing systems segment held the maximum share of the market and is likely to maintain its dominant position over the forecast period. The variation in vehicular emission norms and the increasing awareness among the car-users for fuel-efficient vehicles is likely to fuel the growth of this segment. Additionally, the increase in number of strict regulations towards emissions is likely to augment the adoption of the variable valve timing systems. The passenger cars segment is likely to drive the growth of the segment significantly.

In terms of geography, the global automotive engine actuators market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held the maximum share of the market in 2016. The automotive engine actuators market in the Asia-Pacific is likely to grow at a considerable rate in the coming years. Factors such as exponential growth in the use of automobiles in the region, is leading to the increased demand for technologically-advanced automotive vehicles with automotive engine actuators. Moreover, recent increase in defense budgets, primarily of developing nations for better land, air and marine defense equipment is likely to impact the automotive engine actuators market positively.

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All the players are competing in the market to gain significant market shares, making this market highly competitive in nature. The vendors are also focusing on improving their customer base and growing their investments in research and development activities. The enhancements in technology as well as government regulations are likely to further increase the level of competition in the market. Some of the key players in the global automotive engine actuators market are Delphi, DENSO, Aisin Group. Some of the other noticeable vendors include Hitachi Automotive Systems, Eaton, Metaldyne, HUSCO International, and Perodua.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

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Albany, NY 12207
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