openPR Logo
Press release

The Market of Automotive Charge Air Cooler to grow beyond US$ US$ 3,110.8 million by 2023

04-22-2019 11:11 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

The Market of Automotive Charge Air Cooler to grow beyond US$ US$

The new report of Stratview Research analyses the Automotive Charge Air Cooler (CAC) Market over the trend period from 2012 to 2017 and forecast period from 2018 to 2023. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.

The following are the key features of the report:
• Strategic segmentation
• Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Detailed Competitive Rivalry landscaping
• Market trend and forecast analysis
• Future Growth Boulevards

Click for detailed description: https://www.stratviewresearch.com/339/Charge-Air-Cooler-Market.html

Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/339/Charge-Air-Cooler-Market.html

An overview- growth of charge air cooler market

The global automotive charge air cooler market is projected to offer an impressive growth opportunity and is likely to reach US$ 3,110.8 million in 2023. Organic growth in the automobile production owing to increasing disposable income and growing urbanization; strict government regulations regarding carbon emission reductions and fuel efficiency enhancements, such as CAFÉ Standards; and increasing penetration of turbochargers are some of the major growth drivers of charge air coolers in the automotive industry.

The automotive industry is undergoing the most potentially disruptive decade where stringent government regulations regarding carbon emission reductions and fuel efficiency enhancements are generating an enormous pressure on automakers. Automakers are unraveling it by finding distinct ways. Engine downsizing is one of the prime approaches for achieving such industry needs. It makes engine hotter but makes the engine more powerful and efficient and provides an impetuous growth in the demand for turbochargers in vehicles. This creates a need for effective cooling of charged air through charge air cooler (CAC) (also known as an intercooler).

Hot air entering engine can create a higher combustion temperature, which creates a greater nitrogen oxide formation and increases thermal load on the engine and related components. Charge air cooler act as a cooling interface, which transforms hot air coming from a turbocharger or a supercharger to cool air entering combustion engine. CACs also contribute towards a reduction in turbo lag and an improvement in engine volumetric efficiency with lower engine displacement.

Passenger car: The growth engine

The global automotive charge air cooler market is segmented based on the vehicle type as Passenger Car, LCV, and M&HCV. Passenger car is expected to remain the growth engine of the market during the forecast period. Higher production of cars coupled with an increased adoption of charge air cooler in gasoline engines is driving the segment.

Dominance of: Air-cooled charge air cooler & Diesel Engine-based Charge Air Cooler

Based on the product type, the automotive charge air cooler market is segmented as Air-Cooled Charge Air Cooler (also known as Air-to-Air Charge Air Cooler) and Liquid-Cooled Charge Air Cooler (also known as Water-Cooled Charge Air Cooler). Air-cooled charge air cooler is expected to remain the dominant product type in the market during the forecast period, whereas liquid-cooled charge air cooler is likely to grow at a faster rate during the same period. Smaller packaging space with reduced duct length, reduction in pressure loss, an improvement in power and torque delivery, and an enhanced efficiency are some of the key whys and wherefores for faster growth of liquid cooled charge air cooler as compared to air-cooled charge air cooler.

Another factor evoking interest towards the usage of liquid-cooled charge air cooler is its versatility. It can be adjusted in various configurations, such as remote mounting or self-contained and can be integrated into the intake manifold or supercharger housing. On the other hand, air-cooled charge air cooler is generally mounted standalone in the front of radiator only.
Based on the fuel type, the market is segmented as Diesel Engine-based Charge Air Cooler and Gasoline Engine-based Charge Air Cooler. The diesel engine is expected to remain the dominant segment of the automotive charge air cooler market during the forecast period, whereas gasoline engine is expected to witness a higher growth during the same period.

A highly/moderately/fragment consolidated Market
The top players are Calsonic Kansei Corporation, Denso Corporation, Dana Incorporated, Hanon Systems Mahle GmbH, T.RAD Co., Ltd., and Valeo Group..

Regional Hegemony of Europe

In terms of regions, Europe is expected to remain the largest automotive charge air cooler market during the forecast period, owing to the high penetration of diesel engine vehicles coupled with a greater penetration of turbochargers to address the strict emission norms of European Commission. North America, another considerable region, is also likely to generate a healthy demand for charge air cooler in the coming years, primarily propelled by the USA and Mexico.

Asia-Pacific is likely to experience the highest growth during the same period. China and India are the growth engine of Asia-Pacific’s market for charge air coolers. Both countries together accounted for more than 60% of the Asia-Pacific’s market and are likely to grow at an impressive double-digit growth rate during the forecast period.

Comprehensive Market Coverage
Click Here for Other Reports from Stratview Research in the Automotive Industry: https://www.stratviewresearch.com/market-reports/Automotive-Transportation.html

About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

400 Renaissance Center, Suite 2600, Detroit, Michigan, MI 48243 United States of America

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Market of Automotive Charge Air Cooler to grow beyond US$ US$ 3,110.8 million by 2023 here

News-ID: 1712167 • Views:

More Releases from Stratview Research

Composite Hoses Market is Forecasted to Reach US$398.1 Million in 2032, Says Stratview Research
Composite Hoses Market is Forecasted to Reach US$398.1 Million in 2032, Says Str …
The global composite hoses market size was valued at US$299.2 million in 2024 and is projected to reach US$398.1 million by 2032, witnessing a market growth CAGR of 3.3% from 2024 to 2032, according to an analysis by Stratview Research. Stratview Research, a global market research firm, has launched a report on the global composite hoses market, which provides a comprehensive outlook of the global and regional industry forecast, current &
Electrically Conductive Carbon Additives Market is Forecasted to Reach US$5.4 Billion in 2028, Says Stratview Research
Electrically Conductive Carbon Additives Market is Forecasted to Reach US$5.4 Bi …
The global Electrically Conductive Carbon Additives Market size was valued at US$2 billion in 2024 and is projected to reach US$5.4 billion by 2028, witnessing a market growth CAGR of 17.4% from 2023 to 2028, according to an analysis by Stratview Research. Stratview Research, a global market research firm, has launched a report on the global Electrically Conductive Carbon Additives Market which provides a comprehensive outlook of the global and regional
Image Intensifier Tube Market is Forecasted to Reach US$ 0.7 Billion in 2028, Says Stratview Research
Image Intensifier Tube Market is Forecasted to Reach US$ 0.7 Billion in 2028, Sa …
The global image intensifier tube market is projected to witness a growth rate of 4.4% annually from 2023 to 2028, with an anticipated size of US$ 0.7 billion by 2028, according to an analysis by Stratview Research. Stratview Research, a global market research firm has launched a report on the global image intensifier tube market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends,
Graphite Electrode Market for the Metal Industry is Forecasted to Reach US$ 12.4 Billion in 2031, Says Stratview Research
Graphite Electrode Market for the Metal Industry is Forecasted to Reach US$ 12.4 …
The global graphite electrode market for the metal industry is projected to witness a growth rate of 2.4% annually from 2024 to 2031, with an anticipated size of US$ 12.4 billion by 2031, according to an analysis by Stratview Research. Stratview Research, a global market research firm has launched a report on the global graphite electrode market for the metal industry which provides a comprehensive outlook of the global and regional

All 5 Releases


More Releases for Air

Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry
Air Medical Services Market 2019 Development Status - EMS 24-7, Air Methods, PHI …
Global Air Medical Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024 offers a stronger and effective business outlook. The report deals with a complete overview of Air Medical Services market which comprises definitions, a wide range of statements and an entire chain structure. The report delivers an in-depth analysis of different attributes of industries such as trends, developments, policies, and clients operating in different regions. The
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft. Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North