Press release
Automotive Fan Drives Market to Offer Increased Growth Prospects for Manufacturers
An automotive fan drive is a component of a vehicle cooling system and its primary function is to rotate the vehicle’s cooling fan so as to prevent the engine from overheating and any other type of damage that may occur due to the overheating of engine components. The fan may be located at the front or the rear of the radiator.
In terms of mechanism, automotive fan drives help rotate the radiator fan and cool the coolant as it circulates to the car’s engine from the radiator. Automotive fan drives also absorb extra heat from the engine. Older vehicles had mechanical fans to reduce the engine temperature, which were operated according to engine rpm and connected to the engine through serpentine belts (rubber belts).
In an internal combustion (I.C.) engine, hydraulic drive systems are used to drive cooling fans, owing to I.C. engine is reached at high temperature quickly as compared to electric vehicles. In racing vehicles or high speed vehicles, two cooling fans are used to maximize efforts and prevent the engine from overheating – one fan is positioned near the radiator and the second fan is installed near the condenser to reduce the temperature of air conditioner systems. Industry leaders are highly focused on using lightweight material for the manufacturing of automotive fan drives and automotive cooling systems.
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To counter the overheating problem in vehicles, a temperature sensitive fan clutch is used to maintain the temperature of the vehicle, which allows the fan to engage and disengage according to the vehicle’s operating temperature. The global automotive fan drives market is projected to be unstructured, owing to the involvement of numerous small level to medium level and high level players.
Tech giants such as Eaton Corporation are seamlessly investing hefty money in research and development to gain noteworthy traction in the global automotive fan drive market. In terms of growth, the global automotive fan drive market is anticipated to grow with a remarkable growth rate, owing to the increasing vehicle fleet and vehicle production over the forecast period.
Automotive Fan Drives Market: Dynamics
Increasing production and sales of conventional vehicles are anticipated to hike the sales of automotive fan drives over the forecast time period. Increasing sales of high performance vehicles in Europe and North America is anticipated to ramp up the automotive fan drives market in these regions during the forecast period.
For the effective performance of a vehicle’s engine, cooling is an essential parameter and to meet this criteria in high performance vehicles, hydraulic automotive fan drives are used. Thus, rising off-road racing activities are projected to boost the sales of automotive fan drives during the forecast period.
The growing popularity of electric vehicles may prove to be a challenge for the automotive fan drives market as electric vehicles are likely to replace vehicles with combustion engines in the future. In electric vehicles, cooling fans are not used near radiators and the only cooling fans needed near to condensing system for efficiently working of air conditioned system. Furthermore, high initial cost is also considered as a major deterrent that may hamper the growth of the global automotive fan drives market during the forecast period.
Leaders in the automotive industry are highly poised towards investing hefty money in research and development in order to develop innovative materials or technologies pertaining to engine cooling systems. For instance, Ford Focus and Nissan Leaf are highly focused towards advanced engine cooling systems.
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Automotive Fan Drives Market: Segmentation
By vehicle type
Passenger Car
LCV
HCV
Off-Road Vehicle
Racing Vehicle
Others
By application
Engine Cooling
Air Condition
Infotainment System
Seat Ventilation
Others
By sales channel
OEM
Aftermarket
Automotive Fan Drives Market: Regional Outlook
Asia Pacific is projected to dominate the global automotive fan drives market during the forecast period, owing to the expanding vehicles fleet. Western Europe is anticipated to be the second largest market for automotive fan drives as Germany is a hub for automotive vehicles. India, China and Japan are projected to grow with addressable growth rates in the global automotive fan drives market due to the increasing demand for passenger vehicles and commercial vehicles by the end of 2028.
The Middle East and Africa region is anticipated to gain sluggish traction in the global automotive fan drives market, owing to the fact that GCC countries have no manufacturing facilities for automotive vehicles. In the GCC countries, consumers are highly dependent on the import of vehicles. In Latin America, light commercial vehicles (LCV) is embarked on the route analysis exercise in the automotive industry. Therefore, the sales of LCV vehicles in the region is projected to boost the sales of automotive fan drives over the assessment period.
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