Hybrid Vehicle Demand Fuels Growth in the Automotive Radiator Market: A Key Driver Powering Automotive Radiator Market Growth In 2025

The Automotive Radiator Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Automotive Radiator Market Size and Its Estimated Growth Rate?
The size of the automotive radiator market has experienced consistent growth over the last few years. Its size is predicted to increase from $8.15 billion in 2024 to $8.55 billion in 2025, representing a compound annual growth rate (CAGR) of 4.9%. Factors contributing to this growth during the historic period include an increase in automotive production, strict emission standards, heightened consumer awareness, rising demand for electric vehicles, and a focus on lightweight materials.

The market for automotive radiators is anticipated to grow steadily in the coming years. By 2029, it is projected to reach $10.13 billion, exhibiting a compound annual growth rate (CAGR) of 4.3%. The expected growth within the forecast period can be linked to global urbanization, traffic gridlocks, the rise of intelligent cooling systems, an upsurge in vehicle manufacturing, the worldwide shift towards sustainable mobility, and government programs and incentives. Prominent trends during the forecast period are anticipated to be strategic collaborations and alliances, innovations in heat exchange materials, ongoing technological progress, and worldwide economic factors.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13380

How Are Emerging Segments Shaping the Automotive Radiator Market Landscape?
The automotive radiator market covered in this report is segmented -

1) By Product Type: Down-Flow, Cross-Flow
2) By Material Type: Aluminum, Copper Or Brass, Composites
3) By Vehicle Type: Passenger Cars, Commercial Vehicles, Two Wheelers
4) By End Users: Original Equipment Manufacturers (OEMs), After market

Subsegments:
1) By Down-Flow: Single Pass Down-Flow Radiator, Dual Pass Down-Flow Radiator
2) By Cross-Flow: Single Pass Cross-Flow Radiator, Multi Pass Cross-Flow Radiator

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13380&type=smp

Which Growth Factors Are Influencing Automotive Radiator Market Expansion?
The automotive radiator market is predicted to grow in response to the escalating interest in hybrid vehicles. Hybrid automobiles, which use multiple distinct power forms to drive the vehicle, enhance fuel efficiency and decrease emissions. By preserving the effectiveness of hybrid systems, radiators are key to achieving these benefits. The demand for hybrid vehicles was illustrated by a rise in hybrid electric vehicles (HEVs) registrations in the UK; according to the Society of Motor Manufacturers and Traders (SMMT), registrations rose by 19.6% to 44,550 in 2024, up from 37,252 the year previous. This data illustrates the driving force behind the growth of the automotive radiator market. Furthermore, the surging demand for commercial vehicles is fueling the automotive radiator market growth. With an increasing call for fuel economy, the efficiency by which a vehicle transforms fuel into energy for motion, is a key market driver. Automotive radiators enable better fuel economy through enhanced cooling capacity which, in turn, enhances aerodynamic drag and impedes engine airflow potentially bettering fuel emission. In 2024, the U.S Department of Transportation enforced new vehicle fuel economy standards, mandating a 2% annual improvement for passenger cars from 2027 to 2031, and a comparable increase for light trucks from 2029 to 2031. This will lead to an average fuel economy for light-duty vehicles of about 50.4 miles per gallon by 2031. In addition, fuel efficiency for heavy-duty pickup trucks and vans will augment by 10% per year from 2030 to 2032 and by 8% per year from 2033 to 2035, resulting in an average fleetwide fuel economy of approximately 35 miles per gallon by 2035. Thus, the upturn in demand for commercial vehicles is one of the primary propellant of the automotive radiator market.

Who Are the Dominant Players Across Different Automotive Radiator Market Segments?
Major companies operating in the automotive radiator market report are BAIC Group, Denso Corporation, Valeo S.A., Dongfeng Motor Group, Aptive Environmental LLC, Visteon Corporation, Modine Manufacturing Company, Mahle Behr Manufacturing Management Inc., Calsonic Kansei Corporation, TYC Brother Industrial Co. Ltd., Shandong Houfeng Group, Delphi Automotive PLC, T. RAD Co. Ltd., Nissens A/S, Banco Products India Ltd., Sanden Holdings Corporation, PWR Performance Products, Keihin Co. Ltd., Sciton Inc., Ron Davis Racing Products Inc., Mishimoto Automotive, CSF Radiators, Zhejiang Yinlun Machinery Co., DeWitts Radiator, Nippon Light Metal Holdings Co. Ltd., Griffin Thermal Products

What Automotive Radiator Market Trends Are Gaining Traction Across Different Segments?
Leading entities in the automotive radiator sector are creating advanced products like Integrated Thermal Management Module (iTMM), to strengthen their market position. The iTMM is a comprehensive module blending water-cooled heat exchangers and an intelligent valve mechanism to effectively merge the diverse thermal circuits of a vehicle. For instance, in July 2023, Marelli Corporation, a Japanese automotive parts enterprise, introduced its iTMM for electric vehicles (EVs). This module optimizes the vehicle's thermal circuits for improved overall performance. It expertly controls the e-powertrain, battery, and cabin thermal systems, thereby minimizing complexity while enhancing cooling, speedy battery charging, and cabin comfort. It can also extend driving range by as much as 20% in harsh weather conditions when equipped with a heat pump. The iTMM is compact, economically efficient, and adheres to industry norms, signifying its crucial role in EV thermal control. Its potential makes it a significant product for Marelli Corporation's growth in the electric vehicle industry.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/automotive-radiator-global-market-report

Which Geographic Regions Are Expected to Dominate the Automotive Radiator Market in the Coming Years?
North America was the largest region in the automotive radiator market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive radiator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Radiator Market?
2. What is the CAGR expected in the Automotive Radiator Market?
3. What Are the Key Innovations Transforming the Automotive Radiator Industry?
4. Which Region Is Leading the Automotive Radiator Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.