Automotive Cooling Fans Market Size & Share - Industry Trend and Forecast 2017 - 2025

Marketresearchreports.biz has added a new research report on the "Automotive Cooling Fans Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its collection.

The main objective of this report is to define, describe, and forecast the global “Automotive Cooling Fans” 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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Automotive cooling fan is a device that regulates the engine temperature by directing air toward the radiator. The engine coolant runs through radiator tubes. As an effect of convection, the coolant heat is dissipated into the air. The radiator is mounted on the bulkhead in front of the radiator grille for the air to pass in. Under normal conditions, the forward motion of the vehicle forces the air onto the radiator through the radiator grille and the cooling fan is not required. When the vehicle functions under stressful environment or it idles or moves at a low speed, the temperature of the coolant in the radiator does not decrease. The thermostat senses this and the cooling fan gets turned on. Once the temperature of the coolant drops, the fan gets turned off.

The high speed vehicles have to maximize their efforts to prevent the engine from overheating and some vehicles employ two cooling fans one on radiator and condenser each. With the growing demand for luxury the vehicles are installing powerful cooling system which requires separate fan for condenser. The cooling fans market is estimated to witness significant growth during the forecast period. Lightweight and compact cooling fans are expected to attract manufacturers of high-end cars and sports cars. Electrification of the automobile systems has led to increase in demand of electric cooling fan. Introduction of cooling fans with lean blade design and noiseless and vibration-free functioning is projected to drive the automotive cooling fans market in the next few years. Asia Pacific is projected to hold the maximum share of the global cooling fans market in the near future. Increasing vehicle production in India and China is estimated to boost the market in the region.

Electric vehicles are likely to replace vehicles with combustion engines. As there is no radiator for cooling engine coolant the radiator fan would be eliminated. However the cooling fan is needed for condenser so the air-conditioned vehicles would still require the cooling fan. High initial cost of cooling fans acts as a restraint for the market. An automobile engine loses some amount of power while driving the fan, which hampers the engine efficiency. Maintenance of mechanically operated cooling fans and their reactivity with antifreeze chemicals pose a threat to the market.

The automotive cooling fans market can be segmented based on function, vehicle type, location in the vehicle, and geography. Types of cooling fans based on their function are cooling fans used in engine cooling; heating, ventilation, and air-conditioning (HVAC) fans used in air-conditioning systems; infotainment fans used for cooling of motor control units, electronics, and infotainment systems; and seat ventilation fans installed in upholstery and driver and passenger seats to provide luxury and comfort. Based on vehicle type, the cooling fans market has been divided into two-wheelers (such as motorbikes, mopeds, and scooters), passenger vehicles (such as sedan cars, hatchback cars, and sports utility vehicles), and commercial vehicles (such as buses and trucks).

In terms of their location in the vehicle, automotive cooling fans can be found behind the bumper grille in front-engine vehicles or at the rear end in case of rear-engine vehicles such as Tata Nano. In Tata Nano, two cooling fans are installed at the rear end, where they receive air from vents near rear doors.

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Geographically the market is distributed across Asia Pacific, Europe, North America, Latin America and Middle & Africa.

Key players operating in the automotive cooling fans market are Multi wing America Inc. developing light weight and low noise radiator fans, Continental Automotive GmbH producing fan system for ventilation of passenger compartment, defrosting of windows and engine cooling, BorgWarner Inc has developed polymer fans with innovative blade design for efficient air flow.

Denso Corporation, Valeo SA, Horton Holdings Inc., Sunonwealth Electric Machine Industry Co. Ltd, AMETEK Rotron, Flexxaire Inc., SPAL Automotive, USUI Co. Ltd., and Gentherm Corporation are some of the other key players.

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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