Press release
North America Automotive Heat Exchanger Market Present Technologies, Ecosystem Stakeholders, Progression Status, and Business Trends Through 2029
North America automotive heat exchanger market will grow at a CAGR of 5.8% from 2022 to 2029.Key players in the market, major collaborations, merger, and acquisitions along with trending innovation and business policies are reviewed in the top notch North America automotive heat exchanger market report. This marketing report aims to examine the market with respect to general market conditions, market improvement, market scenarios, development, cost and profit of the specified market regions, position and comparative pricing between major players. It is a professional and a detailed report focusing on primary and secondary drivers, market share, market size, sales volume, leading segments and geographical analysis. North America automotive heat exchanger market report comprises of comprehensive and thorough insights which are based on business intelligence.
A heat exchanger is a heat transfer device that exchanges heat between two or more process fluids. Heat exchangers have widespread industrial and domestic applications. Many heat exchangers have been developed in steam power plants, chemical processing plants, building heat and air conditioning systems, transportation power systems, and refrigeration units. Heat transfer in a heat exchanger usually involves convection in each fluid and thermal conduction through the wall separating the two fluids.
The automotive industry has grown enormously due to the rising demand for luxurious electric vehicles. All-electric vehicles (EVs) are called battery electric vehicles, which use a battery to store the electrical energy that powers the vehicles. Some of the factors driving the sales of electric vehicles include stringent government regulations towards vehicle emissions and increasing demand for fuel-efficient, high-performance, and low-emission vehicles. This adds to the adoption of all-electric vehicles as zero-emission, effectively minimizing carbon emissions.
The global automotive heat exchanger market is segmented on application, design type, material vehicle type, and propulsion type.
Application
• Intercooler
• Radiator
• Air Conditioning
• Oil Cooler
• Others
On the basis of application, global automotive heat exchanger market is segmented into intercooler, radiator, air conditioning, oil cooler, and others.
Design Type
• Tube Fin
• Plate Bar
• Others
On the basis of design type, global automotive heat exchanger market is segmented into tube fin, plate bar, and others.
Material
• Aluminum
• Copper
• Others
On the basis of material, global automotive heat exchanger market is segmented into aluminium, copper, and others.
Propulsion Type
• Internal Combustion Engine (ICE)
• Electric Vehicle (EV)
On the basis of propulsion type, global automotive heat exchanger market is segmented into internal combustion engine (ICE) and electric vehicle (EV).
Vehicle Type
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
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