Press release
Automotive Cooling Fan Controller System Market Size & Share - Industry Trends and Forecast 2017 - 2025
The main objective of this report is to define, describe, and forecast the global “Automotive Cooling Fan Controller System” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Most vehicles are equipped with cooling fans that keep the temperature of the engine coolant within a stable temperature range. On several situations, these fans are controlled by an engine cooling fan controller system that precisely regulates fan speed to minimize energy loss and maximize fuel economy. The automotive cooling fan controller system controls the fan speed according to the generation of excess heat. It consists of a sensor, which is mounted on the automotive system, whose temperature is to be controlled. The sensor monitors the temperature of the engine coolant and passes the signal to the fan control module, which regulates the speed of the fan.
Increase in vehicle production coupled with the rise in demand for engine efficiency are expected to propel the automotive cooling fan controller system market. Increasing demand for vehicles with high performance is also expected to drive the automotive cooling fan controller market. Increasing demand for electric vehicles is expected to be a restraining factor for the automotive cooling fan controller market due to the removal of the internal combustion engine from the vehicle.
The automotive cooling fan controller market can be segmented based on application, sensor position, cooler type, vehicle type, and region.
Based on application, the market can be segregated into engine oil cooling fan controller and transmission oil cooling fan controller. Engine oil cooling fan controller is used to regulate the speed of the fan, which is installed to remove the excess temperature of the engine oil. Transmission oil cooling fan controller is used to reduce the temperature of the lubricant utilized in the transmission system.
In terms of position of the sensor, the automotive oil cooling fan controller market can be classified into outlet position sensor and inlet position sensor. The outlet position sensor is installed at the outlet of the radiator in order to monitor the temperature of the coolant coming out of the radiator. Inlet position sensor of the automotive oil cooling fan controller is installed at the inlet of the radiator to check the temperature of the coolant entering the radiator.
Based on cooler type, the automotive oil cooling fan controller market can be segregated into oil cooled and water cooled. In the oil cooled cooler, oil is used as the coolant in the radiator, while in the water cooled cooler, water is used as the coolant in the radiator for removal of excess heat. Oil cooled cooling systems are considered to be more efficient and mostly utilized in high performance vehicles, while water cooled systems are employed mostly in commercial vehicles.
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In terms of application, the market can be classified into passenger vehicles and commercial vehicles. The passenger vehicles segment can be further sub-segmented into hatchbacks, sedans, and multi-utility vehicles. However, commercial vehicles are generally heavier than the passenger vehicles. The commercial vehicles segment can be further split into light commercial vehicles, heavy commercial vehicles, and off road vehicles.
Based on region, the automotive cooling fan controller market can be segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Increasing vehicle production in Asia Pacific is driving the market for automotive cooling fan controller system in the region. Low cost labor and the support of governments of developing countries for industrialization in developing countries of Asia Pacific are estimated to drive the market in this region. The market in Asia Pacific is estimated to expand at a significant growth rate during the forecast period. It is likely to hold a prominent share of the global automotive engine cooling system market.
Key manufacturers operating in the global automotive cooling fan controller market are Calsonic Kansei Corporation, HAYDEN Automotive, Gates Corporation, DENSO CORPORATION, Revotec Limited, Derale, Pelonis Technologies, Inc., SPAL AUTOMOTIVE, Cummins Inc., and Thermal Dynamics, LLC.
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.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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