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Automotive Heat Exchanger Market Report 2023 - Size, Industry Share, Analysis And Forecast To 2032 | ABB Ltd., AMEC Foster Wheeler Ltd., CNBM Group, Cochran Ltd., Dalian East New Energy Development Co. Ltd
Automotive Heat Exchanger Market
Automotive Heat Exchanger Market Size, Growth Rate, And Forecast
The global automotive heat exchanger market size grew from $24.5 billion in 2022 to $27.06 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive heat exchanger market size is expected to grow to $37.97 billion in 2027 at a CAGR of 8.8%.
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Automotive Heat Exchanger Market Drivers
The increasing production of commercial and passenger vehicles is significantly contributing to the growth of the automotive heat exchanger market. Passenger vehicles are automobiles that are used to transport passengers, whereas commercial vehicles transport a larger number of people for business purposes.
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Automotive Heat Exchanger Market Segments
1. By Design Type: Tube Fin, Plate Bar, Other Design Types.
2. By Vehicle Type: Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle.
3. By Electric Vehicle: Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV).
4. By Application: Radiators, Oil Coolers, Intercoolers, Air Conditioning Systems, Exhaust Gas Heat Exchangers, Other Applications.
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Heat Exchanger market.
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Automotive Heat Exchanger Market Key Players
Major competitors in the automotive heat exchanger market include ABB Ltd., AMEC Foster Wheeler Ltd., CNBM Group, Cochran Ltd., Dalian East New Energy Development Co. Ltd., Dürr Group, ElectraTherm, E-Rational, Forbes Marshall.
The Business Research Company's "Global Automotive Heat Exchanger Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Automotive Heat Exchanger Market Include:
1. Executive Summary
2. Automotive Heat Exchanger Market Characteristics
3. Automotive Heat Exchanger Market Trends And Strategies
4. Automotive Heat Exchanger Market - Macro Economic Scenario
5. Automotive Heat Exchanger Market Size And Growth
……
26. Africa Automotive Heat Exchanger Market
27. Automotive Heat Exchanger Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Heat Exchanger Market
29. Automotive Heat Exchanger Market Future Outlook and Potential Analysis
30. Appendix
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