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Rising Production Scale Motivates Car Radiator Market Growth in the Coming Years till 2022 || Top Market Players- Valeo SA, Banco Products (India) Ltd., Zhejiang Yinlun Machinery Co., Ltd, Denso Corporation, T.RAD Co., Ltd, MAHLE GmbH, TYC Brother Industr

11-22-2018 09:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Due to the increasing production of cars the world over and the increasing vehicle parc, the market for global car radiator is being boosted. Also, as there are stringent emission norms enacted by governments all over the world, the global automotive industry is now developing cars that are more fuel efficient and that give out minimum emissions. Due to this, there is a trend of producing hybrid vehicles and this trend is expected to continue during the coming years. In order to effectively cool the components in hybrid cars, multi-layer radiator systems are required that use advanced coolant and even multiple radiator for cooling the engine, battery and the motors. This trend, in particular, is also responsible for the increasing demand for car radiators. Moreover, strict carbon emission norms and an emphasis on increasing the fuel efficiency of the cars are the other factors that are responsible for the growth of the global car radiator market.

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APEJ Market Set to Dominate the Global Car radiator Market in Terms of Revenue

The market in APEJ is set to dominate the global car radiator market in terms of value and this trend is projected to sustain itself throughout the assessment period. APEJ car radiator market is the most attractive market, growing at a robust CAGR over the forecast period.

Down-Flow Product Type Segment Slated to Touch a Value of More than US$ 2,500 Mn in 2022

According to the projections of Fact.MR, the down-flow product type segment is expected to reach a value of more than US$ 2,500 Mn in the year 2022. This signifies a robust CAGR during the forecast period of 2017-2022. The down-flow product type segment is estimated to account for nearly half of the revenue share of the product type segment by the end of the year 2017 and is expected to gain in market share by 2022 over 2017.

Aluminum Material Type Segment to Exhibit a CAGR of More than 6% During the Assessment Period

According to the assessment of Fact.MR, the aluminum material type segment is poised to touch a figure of about US$ 3,890 Mn in the year 2022. This signifies a CAGR of more than 6% during the assessment period from 2017 till the year 2022. The aluminum material type segment is estimated to account for more than three-fourths of the revenue share of the material type segment by the end of the year 2017 and is projected to gain market share by 2022 over 2017.

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Radiator is a mechanical structure which aids in heat transfer between two mediums, which are generally fluid and air. A car radiator is a component generally located at the front side of an engine and is responsible for heating and cooling of engine and other components. The car radiator consists of metal fins, followed by a network of metal pipes, fan(s), fluid or coolant, tanks and radiator caps.

The global car radiator market is slated to touch a value of about US$ 4,970 Mn in the year 2022 and grow at a robust CAGR during the assessment period. 

4 Forecast Highlights on Global Car radiator Market

As per the forecast of Fact.MR, the cross flow product type segment is slated to touch a value of more than US$ 2,450 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The cross flow product type segment is estimated to account for more than half of the revenue share of the product type segment by the year 2017 and is forecasted to lose market share by 2022 over 2017.
As per the forecast of Fact.MR, the copper/brass material type segment will reach a value of about US$ 590 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The copper/brass material type segment is forecasted to account for more than one-tenth of the total revenue share of the material type segment by the end of the year 2017 and is expected to lose in market share by 2022 as compared with the year 2017.
As per the forecast of Fact.MR, the OEM segment is slated to reach a value of nearly US$ 4,055 Mn in 2022. The OEM segment is expected to lose market share by the end of the year 2022. The largest share is contributed by the APEJ region in the OEM segment. 

Fact.MR forecasts the compact car type segment to exhibit a compound annual growth rate (CAGR) of 6% from 2017 to 2022.

The report has also included the profiles of some of the leading companies in the car radiator market like Modine Manufacturing Company, Valeo SA, Banco Products (India) Ltd., Zhejiang Yinlun Machinery Co., Ltd, Denso Corporation, T.RAD Co., Ltd, MAHLE GmbH, TYC Brother Industrial Co., Ltd., and Sanden Holdings Corporation.  

Table of Content:

Global Car Radiator Market - Executive Summary
Global Car Radiator Market Overview
2.1. Introduction
     2.1.1. Global Car Radiator Market Taxonomy
     2.1.2. Global Car Radiator Market Definition
2.2. Global Car Radiator Market Size (US$ Mn) and Forecast, 2012-2022
       2.2.1. Global Car Radiator Market Y-o-Y Growth
2.3. Global Car Radiator Market Dynamics
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. List Of distributors
2.8. Porter’s Analysis
2.9. PESTLE Analysis
2.10. Product Life Cycle
2.11. Key Participants in the Market By Region
Global Car Radiator Market Analysis and Forecast, 2012-2022
3.1. Global Car Radiator Market Size and Forecast By Product, 2012-2022
     3.1.1. Down-Flow Market Size and Forecast, 2012-2022
              3.1.1.1. Revenue (US$ Mn) Comparison, By Region
                3.1.1.2. Market Share Comparison, By Region
                3.1.1.3. Y-o-Y growth Comparison, By Region
       3.1.2. Cross-Flow Market Size and Forecast, 2012-2022
                3.1.2.1. Revenue (US$ Mn) Comparison, By Region
                3.1.2.2. Market Share Comparison, By Region
                3.1.2.3. Y-o-Y growth Comparison, By Region
3.2. Global Car Radiator Market Size and Forecast By Material Type, 2012-2022
       3.2.1. Aluminum Market Size and Forecast, 2012-2022
                3.2.1.1. Revenue (US$ Mn) Comparison, By Region
Continued……………..

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market Insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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