Automotive Charge Air Cooler Market Future Trends Demand 2022, and Forecast to 2030 | CAGR 4.1%

In accordance with the Automotive Charge Air Cooler market is set to grow at a CAGR of 4.1% over a forecast period (2022-2030).

The function of Automotive Charge Air Cooler is to cool the combustion air, thus reducing the temperature to a level most favorable to power output and fuel consumption. The air with lower temperature and increased density helps achieve optimum power for the combustion process within the engine. It also reduces the fuel consumption required. It is used in passenger as well as commercial vehicles. Demand for a reduction in fuel consumption and increased engine power and reduced emissions, growing use of turbochargers in vehicles, and, an increase in demand for passenger and commercial vehicles are the factors accountable for the growth of the industry.

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The "Automotive Charge Air Cooler Market" Report includes qualitative and quantifiable insights into the major drivers, restraints, opportunities, and challenges affecting global market growth. The examination contains complete statistical market data on the major companies, as well as revenue forecasts. The Automotive Charge Air Cooler market study also includes information on the sales growth of many regional and country-level markets, as well as the competitive landscape and specific company analysis for the forecast period. The market report observes future growth aspects as well as the current status of market share, penetration of various types, technologies, applications, and geographies through 2030.

Automotive Charge Air Cooler Market Leading Players:

Calsonic Kansei Corporation, Dana Incorporated, Hanon Systems, MAHLE GmbH, Denso Corporation, T.RAD Co.

Recent Development:

In November 2021, Dana Limited announced that its Dana TM4 joint venture is establishing a new manufacturing facility in Åmål, Sweden, which will initially produce electric motors for the mobility industry. This new operation will also help the company to serve a broad range of automotive components to European customers.

In October 2020, BorgWarner Inc. announced that it had completed its acquisition of Delphi Technologies. This merger of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner's electronics and power electronics products, capabilities and scale, and also aftermarket business.

This Research Considers the following Regions on Prime focus:

North America (U.S., Canada)

Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)

Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Regional Overview:

Asia Pacific dominated the industry in 2021 and accounted for the largest share of 45.37% of the global revenue. Asia Pacific includes countries, such as China and India, which are among the fastest-growing nations in terms of population as well as GDP. The Asian industries and economies are evolving, which is creating a great demand for products including automotive. Countries like Japan and South Korea are home to some of the largest automotive producers in the world.

Global Automotive Charge Air Cooler Market Segmentation:

By type:

Air-cooled

Liquid-cooled

By Position:

Integrated

Standalone

By Design:

Tube & Fin

Bar & Plate

By Fuel Type:

Gasoline

Diesel

By application:

Passenger Vehicles

Light Commercial Vehicles

Heavy Commercial Vehicles

Others

Year Considered Estimating the Market Size:

Base Year of the Analysis: 2021

Historical Period: 2016-2021

Forecast Period: 2023-2029

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Report Aim and Scope:

An overview of the Automotive Charge Air Cooler market based on geographical scope, segmentation, and financial performance of key players is presented in the report.
The report presents the estimated Automotive Charge Air Cooler market size by the end of the forecast period. Additionally, the historical and current market size is also examined in the report.
Based on various indicators, the Year-on-Year Growth (%) and compound annual growth rate (CAGR) for the given forecast period are offered.
The report presents current trends in the industry and the future scope of the market in North America, Asia Pacific, Europe, Latin America, and Europe.
The various parameters accelerating the growth of the Automotive Charge Air Cooler market is incorporated in the research report.
The report analyzes the growth rate, market size, and valuation of the market during the forecast period.

Key Reasons to Purchase:

- To gain insightful analyses of the market and have a comprehensive understanding of the global market and its industrial landscape.

- To identify and analyze the profile of leading players operating in the global Automotive Charge Air Cooler market.

- To understand the most affecting driving and restraining forces in the market and their impact on the global market.

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