Press release
Automotive Charge Air Cooler Market to Reach USD 24.37 Billion by 2034, Growing at a CAGR of 7.2%
Automotive Charge Air Cooler Market Size Worth USD 24.37 Billion by 2034 | CAGR: 7.2%
The automotive charge air cooler market size was valued at USD 12.13 billion in 2024. With a compound annual growth rate (CAGR) of 7.2% during 2025-2034, the market is projected to reach USD 24.37 billion by 2034.
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What Is Automotive Charge Air Cooler?
An automotive charge air cooler, also known as an intercooler, is a crucial component in turbocharged and supercharged engines. It is designed to improve engine efficiency and performance. An automotive charge air cooler works by cooling the compressed air that comes from the turbocharger or supercharger before it makes its way to the combustion chamber of the engine. The compression of air results in increased temperature and reduced density and oxygen available for consumption. The charge air cooler lowers the temperature of this air, making it denser and allowing more oxygen to enter the engine. This results in more efficient fuel combustion, increased power output, improved fuel economy, and reduced emissions. Automotive charge air coolers are essential for enhancing overall engine performance and reliability in modern automotive systems.
What's Driving Market Forward?
Stringent Emission Regulations:
Governments globally are mandating lower levels of harmful emissions from vehicles to deal with air pollution and climate change. Charge air coolers play a crucial role in helping vehicles meet these regulations by ensuring more efficient combustion, resulting in reduced emissions of pollutants. Thus, the introduction of stringent emission regulations is propelling the automotive charge air cooler market forward.
Growing Vehicle Production and Sales:
The rising vehicle production and sales globally are also propelling the demand for automotive charge air coolers. In addition, rising consumer preference for vehicles with improved engine performance and fuel efficiency, often achieved through intercooling and turbocharging, drives the need for charge air coolers.
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Who Are Leading Market Players?
The market is characterized by the presence of both global players and regional manufacturers. A few of the major market participants include:
• Behr Hella Service GmbH
• BorgWarner Inc.
• Calsonic Kansei Corporation
• Dana Incorporated
• Delphi Technologies
• Denso Corporation
• Hanon Systems
• MAHLE GmbH
• Modine Manufacturing Company
• T.RAD Co., Ltd.
• Valeo
Automotive Charge Air Cooler Industry Developments
September 2023: Modine Manufacturing Company entered into a definitive agreement to divest three of its automotive operations in Germany to affiliates of Regent LP. These facilities specialized in producing exhaust gas recirculation (EGR) coolers, radiators, and charge air cooler modules for internal combustion engine vehicles within the European automotive market.
January 2020: MAHLE GmbH successfully acquired Behr Hella Service GmbH (BHS), significantly enhancing its aftermarket portfolio in thermal management solutions. The acquisition included key components such as charge air coolers, thereby reinforcing MAHLE's competitive position in the global automotive components industry.
What are Market Segments ?
Automotive Charge Air Cooler Market, Vehicle Type Outlook (Revenue - USD Billion, 2020-2034)
• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Others
Automotive Charge Air Cooler Market, Design Type Outlook (Revenue - USD Billion, 2020-2034)
• Fin & Tube
• Bar & Tube
Automotive Charge Air Cooler Market, Position Type Outlook (Revenue - USD Billion, 2020-2034)
• Integrated
• Standalone
Automotive Charge Air Cooler Market, Product Type Outlook (Revenue - USD Billion, 2020-2034)
• Air-cooled
• Liquid-cooled
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Which Region Leads Market Demand?
• By region, the report offers market insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
• Asia Pacific leads the global automotive charge air cooler market. The region's leading market position is primarily fueled by its high volume of vehicle production. The increased adoption of turbocharging in vehicles across Asia Pacific further fuels market demand.
• North America is projected to exhibit the highest growth rate from 2025 to 2034, owing to rapid industrialization and urbanization, increasing focus on fuel efficiency, and growing stringency of emission regulations in the region.
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