Automotive Heat Exchanger Market 2018 Register at 8.1% CAGR Growth | Key Players - Denso Corporation, American Industrial Heat Transfer, Hanon Systems, Banco Products, Constellium

Market Overview:

According to Market Prognosis, the Global Automotive Heat Exchanger Market is accounted for $19.13 billion in 2017 and is expected to reach $38.56 billion by 2026 growing at a CAGR of 8.1% during the forecast period. Growing demand for automotive components, increasing HVAC usage in automotive & residential and rising demand for production of passenger and commercial vehicles are some of the key driving factor for the market growth. However, future emission norms pose a threat for EGR and intercoolers and rise in complexity of automotive heat exchangers can hamper the market.

A heat exchanger is a tool designed for the purpose transferring heat from one medium to another at altered temperatures. Most commonly, these mediums consist of two fluids that flow close to each other and are independent by a material, often metals, with excellent heat transmitting properties. The hot liquid, the liquid with the maximum warmth initially, 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.

On the basis of vehicle type, the passenger cars segment commanded the largest market share due to the increase in manufacture of passenger cars worldwide, huge demand for SUVs & premium vehicles and high performance expectation from personal vehicles is driving the passenger car segment. Moreover, the global demand for passenger cars is larger than that for commercial vehicles.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/7818

By application, radiators held highest CAGR and the same trend are expected to continue during the forecast period. Radiator is an integral part of cars, which is used to dissipate the heat from coolant to atmosphere. New technological advancements are being done in the field of raw materials to reduce the cost and weight of existing radiators.

By geography, Asia Pacific is anticipated to dominate the market due to high demand of automobiles and increasing automobile manufacturing sector in countries such as Japan, China, and India are some of the factors that are boosting the automotive heat exchanger market in this region. Europe is anticipated to have highest attribute due to the stringent emission rules laid down by European Commission in the automotive industry. In addition, increase in the production of lightweight and energy efficient automotive material has led to an increase in growth of the European market.

Top Industry Players:

Some of the key players profiled in the Automotive Heat Exchanger Market include Denso Corporation, American Industrial Heat Transfer, Inc., Hanon Systems, Banco Products Ltd., Constellium, HRS Process Systems Limited , AKG Thermal Systems, Climetal, G & M Radiator, Modine Manufacturing Company, MAHLE GmbH, VALEO S.A., Nippon Light Metal Holdings Co., Ltd, Precision Micro and GEA Group AG.

What our report offers:

- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- 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

Request Discount on this repots @ https://marketprognosis.com/discount-request/14121

Market Segments:

Vehicle types Covered:
• Light Commercial Vehicles
• Medium & Heavy Commercial Vehicles
• Passenger Cars
• Conventional (ICE) Vehicles
• Other Vehicle Types
Electric Vehicles Covered:
• Plug-In Hybrid Electric Vehicle (PHEVs)
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEVs)
Applications Covered:
• Intercoolers
• Air Conditioning System
• Radiator
• Exhaust Gas Heat Exchanger
• Oil Coolers
• Other Applications

Enquiry Before Buying @ https://marketprognosis.com/enquiry/14121

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.