Automotive Intercooler Market 2018 Key Country Analysis: Bell Intercoolers, Forge, KALE Oto Radyator, Mishimoto, PWR, Modine, Treadstone, Guangzhou Woshen, JC Performance, KVR, And Honeywell

Automotive Intercooler Market Share, Growth, Trends, and Key Country Analysis Research Report 2018: Global Forecast to 2022, Global Automotive Intercooler Market will Register highest growth through 2022. Report provides in-depth analysis of Automotive Intercooler Industry by Type (Air to air, Air to water), Engine Type (Supercharged Gasoline, Turbocharged Diesel, Conventional Diesel), Vehicle Type (Passenger, and Commercial), and regions, and by Region.

Top Automotive Intercooler Manufacturers Competitive Landscape:

Automotive Intercooler market is volatile and highly competitive with the presence of some well-established vendors. The eminent players of the market include The key players in Automotive Intercooler market are Bell Intercoolers (U.S.), Forge Motorsport Inc (U.S.), KALE Oto Radyator (Turkey), Mishimoto (U.S.), PWR (Australia), Modine Manufacturing (U.S.), and Treadstone Performance Engineering (U.S.). Guangzhou Woshen Auto Radiator (China), JC Performance Parts (China), KVR International (U.S.), and Honeywell International Inc. (U.S.) are among others.

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These market participants are continuously implementing various strategies such as mergers, partnership, collaboration, product launches, etc. to gain a substantial edge over the market. Competition in the Automotive Intercooler market is heating up. As these key players are increasingly investing towards the development of new technology, many smaller companies will not be able to keep up with the technological pace.

Market Overview:

The growth in automotive industry directly translates into increasing demand in the automotive intercooler market. Moreover, Technological advancement and heavy investments are helping automotive intercooler to grow. Factors such as demand for efficient turbocharged engines and strict regulations of the government to decrease the vehicle population and increase the engine efficiency are some of the major market drivers for the growth of automotive inter cooler. Additionally, environmental advantages offered by intercoolers and turbochargers largely drive the demand for intercoolers. Government’s emission norms to control and reduce exhaust emission levels are driving the market of automotive intercooler. Automotive intercooler production is consequently high in Asia-pacific, with China and India expected to be the most promising markets.

Intercooler is a mechanical device that is used to cool vehicle fluids, which includes liquid and gases. In an automobile it is used as air to air and air to water cooler for turbocharged and supercharged internal combustion engines. They are installed in vehicles to improve the volumetric efficiency by increasing the air intake density through cooling at constant pressure. Intercooler in a vehicle is used to improve the efficiency of the induction system by cooling down the heat created by supercharger or turbocharger. Intercooler removes the heat produced due to high temperature that is created by any gas when its pressure is raised. Turbochargers and superchargers are engineered in a way that its forces more air into the engine manifold and combustion chamber. The heat produced due to a supercharger is compensated by the intercooler to improve the efficiency of the vehicle. Intercoolers are generally of two types, air to air and air to water. Air to air intercooler is used to cool down the air with air. The exchange of heat occurs between air that have been charged through the charge pipes and the air that is flowing through the intercooler. 

Segmentation:

The automotive intercooler market is segmented based on type, engine type, and vehicle type. On the basis of type, the market is segmented into air to air and air to water. Air to liquid segment is expected to dominate the market during the forecast period due to ease of installation and providing high efficiency. Air to air intercoolers are the most common form of intercoolers due to the availability of limitless supply of cooling water. This is expected to expand at the highest CAGR because it requires lesser power and no liquid resulting, in no leakage. On the basis of vehicle type, the market is segmented into passenger car and commercial vehicle. Passenger car is expected to dominate the market during the forecast period due to the increase in sales of passenger car in emerging economies. The increased sales of passenger cars will result in high demand of intercooler in the vehicles.

Regional Analysis:

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market during the forecast period due to increase in the sales and production of passenger and commercial vehicles. In Asia Pacific, automotive manufacturers are investing heavily for the development of innovative product to compete in the market. In Asia Pacific, China is expected to dominate the market during the forecast period because Chinese automakers are developing new and trade-friendly policies that enable them to produce a larger number of vehicles. North America is expected to be the second largest market due to an increase in demand of new passenger and commercial vehicles. North America is a mature economy as far as investment in automotive industry is concerned.

By 2023, the automotive industry is expecting huge investment by several giants due to the rising demand for passenger cars. This increased investment will result in growing demand for intercoolers in vehicles. In North America, U.S. is expected to dominate the market due to the presence of major automobile companies. U.S. has been identified as a major contributor in the automotive industry. It is considered a mature economy but still the demand for passenger cars, LCV and HCV has increased substantially due to the rising migrant population. The demand for passenger cars, LCV, and HCV will increase the installation of intercooler in the vehicles.  Europe is expected to be the third largest market due to cut throat competition in the automotive industry. In Europe, Germany is expected to dominate the market during the forecast period.

List of Tables:

Table 1 Automotive Intercooler Market: By Region, 2017-2023

Table 2 North America Automotive Intercooler Market: By Country, 2017-2023

Table 3 Europe Automotive Intercooler Market: By Country, 2017-2023

Table 4 Asia Pacific Automotive Intercooler Market: By Country, 2017-2023

Table 5 RoW Automotive Intercooler Market: By Country, 2017-2023

Table 6 Automotive Intercooler Market, By Body Type, By Regions, 2017-2023

Table 7 North America Automotive Intercooler Market, By Body Type, By Country, 2017-2023

Table 8 Europe Automotive Intercooler Market, By Body Type, By Country, 2017-2023

Table 9 Asia Pacific Automotive Intercooler Market By Body Type, By Country, 2017-2023

Table 10 RoW Automotive Intercooler Market By Body Type, By Country, 2017-2023

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List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued…

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