Press release
Automotive Heat Exchanger Market Developments, Key Players, Statistics and Outlook 2029
The report provides a comprehensive analysis of the current and future Automotive Heat Exchanger market scenario, including insights and updates on the key sectors. The report also provides an analysis of the demand for Automotive Heat Exchanger products and services across the world, as well as the manufacturing, income generation, sales, and revenue of the Automotive Heat Exchanger market. It also provides a fundamental analysis of the Automotive Heat Exchanger market, including the drivers, opportunities, trends, and restraints that are shaping the market.
Automotive Heat Exchanger Market size was valued at US$ 29.58 Bn. in 2022 and the total revenue is expected to grow at 3.8% of CAGR through 2023 to 2029, reaching nearly US$ 38.40 Bn.
Automotive Heat Exchanger Market Report Scope and Research Methodology
A combination of primary and secondary data has been used to gather information about the Automotive Heat Exchanger market for the report. Primary data is collected through interviews with Automotive Heat Exchanger industry experts and stakeholders, while secondary data is collected from government agencies, trade associations, and industry publications. It has used a bottom-up approach to estimate the Automotive Heat Exchanger market size. This approach involves starting with the individual market segments and then aggregating them to arrive at the overall Automotive Heat Exchanger market size. The report also provides detailed information on the capacity, manufacturing, price, cost, revenue, and market statistics, which helps stakeholders understand the financial performance of the key players in the Automotive Heat Exchanger industry.
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Automotive Heat Exchanger Market Regional Insights
The research covers a detailed analysis of the Automotive Heat Exchanger market size and dynamics in North America (United States, Canada, Mexico), Europe (Germany, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC) South America (Brazil, Argentina and Rest of South America) Middle East and Africa (South Africa, Egypt and Rest of MEA).
Automotive Heat Exchanger Market Segmentation
by Electric Vehicle Type
1.BEV
2.PHEV
3.HEV
the Automotive Heat Exchanger Market is segmented into BEV, PHEV, and HEV. By electric vehicle type, the PHEV segment is expected to grow significantly throughout the forecast period. During the forecast period, the PHEV market segment is expected to grow at the most significant rate. PHEVs contain rechargeable batteries that can be charged by connecting to external power sources. PHEVs combine features of electric cars with conventional ICE cars. They have a longer electric range than HEVs and don't have the range anxiety that BEVs do.
by Off-highway Vehicle Type
1.Agricultural equipment
2.Construction equipment
the Automotive Heat Exchanger Market is segmented into agriculture equipment and construction equipment. Construction equipment held the largest market shear in 2022. Construction is a large industry, especially in regions where the government is promoting infrastructure-oriented building through enacting stimulus packages, like the Asia Pacific. Heat exchangers in construction equipment feature help with flexible suspensions, caterpillar tracks, or big tires with deep, open treads. Tractors, bulldozers, cranes, and other construction and earthmoving equipment are among the examples.
by Design Type
1.Plate Bar
2.Tube Fin
3.Other
the Automotive Heat Exchanger Market is segmented into Plate Bars, Tube Fins, and others. Plate bar-type design held the largest market shear in 2022. The usage of heat exchangers with higher thermal efficiency has become more important in the new era of sustainability due to the increased pressure to conserve energy and lessen overall environmental impacts. The plate heat exchanger might be important in this new circumstance. A plate heat exchanger is a small-scale type of exchanger that transfers heat between two fluids using a series of thin plates. PHE can be made in four different ways: brazed, welded, semi-welded, and gasketed. The plate-and-frame or gasketed plate heat exchanger is primarily made up of several thin, rectangular plates that are held together in a frame and are gasketed around the edges.
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Automotive Heat Exchanger Market Key Players
1. AKG Thermal Systems (US)
2.American Industrial Heat Transfer Inc (US)
3. MODINE MANUFACTURING COMPANY (US)
4.BorgWarner Inc (US)
5. Mishimoto Automotive (US)
6.PWR Corporate (US)
7. Griffin Thermal Products (US)
8.Dana Incorporated (US)
9. Banco Products (India) Ltd (India)
10. SM Auto Engineering Pvt. Ltd. (India)
11. SANDEN CORPORATION (Japan)
13 T.RAD Co., Ltd. (Japan)
14.Calsonic Kansei-Marelli Holdings Co., Ltd. (Japan)
15. NIKKEI HEAT EXCHANGER COMPANY, LTD. (Japan)
16. DENSO Corporation (Japan)
17.Hanon Systems (South Korea)
18.Clizen Inc (South Korea)
19. TYC Brother Industrial Co., Ltd. (Taiwan)
20.G&M Radiator (UK)
21.Senior PLC (UK)
22.MAHLE GmbH (Germany)
23.Valeo SA (France)
24.Constellium SE (France)
25.Nissens Automotive A/S (Denmark)
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Key questions answered in the Automotive Heat Exchanger Market are:
What are Automotive Heat Exchanger market segments?
What is the expected Automotive Heat Exchanger market size by the end of the forecast period?
What is the expected CAGR of the Automotive Heat Exchanger market during the forecast period?
What are the emerging trends in the Automotive Heat Exchanger Market?
What are the factors contributing to the final price of Automotive Heat Exchanger?
What are the major challenges that the Automotive Heat Exchanger Market could face in the future?
Key Offerings:
Market Share, Size & Forecast by Revenue | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Route of administration, Application, Facility of use and Region and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
PESTLE Analysis and Porter's Five Forces Analysis
Key Findings
Analyst Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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