Automotive Engine Oil Coolers Market Will Generate New Growth Opportunities by 2028

Automotive Engine Oil Coolers Market: Introduction

Automotive engine oil coolers are mainly equipped in the vehicles that haul heavy items and goes off-road. They are important engine accessories which help the engine oil to cool during combustion process. The automotive engine oil coolers perform the act of cooling the engine oil through a series of tubing where the oil temperature is usually reduced by 30 degrees as compared to the process of natural cooling through ambient air. The Automotive Engine Oil Coolers are generally of two types namely, oil-to-water and oil-to-air.

In a typical oil-to-water oil cooling system, the hot oil from the engine is passed through a heat exchanger where the coolant is supplied to absorb the heat from the oil. The cooled oil is then fed back to engine through bypass valve. In the case of oil-to-air cooling systems, the oil is cooled with the means of fresh air through a small radiator. This kind of system is generally fit in front of the radiator prioritizing the engine oil over coolant.

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Automotive Engine Oil Coolers Market: Dynamics

Automotive Engine Oil Coolers are being preferred by most fleet operators such as logistics agents, cab service providers, ambulances and the other fleet maintainers where the vehicles are operational for longer hours. This is due to the fact that longer operation of vehicles will certainly require an oil cooling system installed so as to ensure minimal loss in operations. This can be considered as a driving factor for the automotive engine oil coolers market.

A new trend observed in the engine oil coolers market is the increasing awareness among the vehicle owners in this regard which has influenced them to install an oil cooling system as such. The market is anticipated to see a bright fortune for itself as the demand for new oil coolers is expected to boost up among the end users. The global engine oil coolers market is also anticipated to gain opportunities through replacements and aftermarket services. Although the market looks promising, due to smaller ratio of off-road vehicles manufactured in comparison with on-road vehicles, the growth of the market is anticipated to be moderate.

Automotive Engine Oil Coolers Market: Segmentation

On the basis of operation, the Global Automotive Engine Oil Coolers Market can be segmented into:

Oil-to-water
Oil-to-air
On the basis of construction, the Global Automotive Engine Oil Coolers Market can be segmented into:

Shell & tube
Brazed Plate
On the basis of End Users, the Global Automotive Engine Oil Coolers Market can be segmented into:

Fleet Owners
Commute Buses
Logistic Trucks
Off-Road & Heavy Duty Vehicles
Automotive Engine Oil Coolers Market: Regional Outlook

The Automotive Engine Oil Coolers market portrays good potential in all the developed and developing regions. However, due to lack of awareness, the product is anticipated to grow at slow pace in MEA and parts of APAC. The market is anticipated to grow strong in the regions like North America, Latin America and Europe. Developed countries like U.S, Canada, Europe, Australia & New Zealand, Japan and China are anticipated to project higher growth rates as compared to the rest. India on the other hand foresees good fortune for the market.

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Automotive Engine Oil Coolers Market: Key Players

Examples of some of the market participants identified across the value chain of the Automotive Engine Oil Coolers Market are:

Standard Motor Products, Inc.
Dana Limited.
PWR Performance Products
Thermex Ltd
Mishimoto Automotive
Modine Manufacturing
MAHLE
flex-a-lite
CARDONE Industries
TitanX Engine Cooling
Setrab

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