Press release
Global Car Radiator Market Insights, Trends and Forecast Stating Incremental CAGR Growth by 2022
Fact.MR
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The next section is an overview of the global car radiators market. This includes the introduction to the market and a standard definition of the product – car radiator. In this section, year-over-year growth and market value is offered to readers. Year-over-year growth gives readers a broader picture on growth patterns during the forecast period.
The next section of the report offers a thorough description of the latest macroeconomic factors that have a bearing on the global car radiators market. Considering the interconnectedness of the car radiator market to global automotive market and, in general, the global economy, readers will get valuable insights on how international developments impact this market.
In a bid to keep readers up-to-date on the latest developments in the global car radiators market, the report offers readers a roundup of the latest trends impacting the market. As the automotive sector is ever-evolving, staying abreast with latest trends and developments is paramount to formulating key business strategies. Information on supply chain, cost structure, pricing analysis, raw material sourcing, and list of distributors are offered to readers in this section.
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4 Forecast Highlights on Global Car radiator Market
1. As per the forecast of Fact.MR, the cross flow product type segment is slated to touch a value of more than US$ 2,450 Mn in the year 2022. This represents a robust CAGR growth during the assessment period of 2017-2022. The cross flow product type segment is estimated to account for more than half of the revenue share of the product type segment by the year 2017 and is forecasted to lose market share by 2022 over 2017.
2. As per the forecast of Fact.MR, the copper/brass material type segment will reach a value of about US$ 590 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The copper/brass material type segment is forecasted to account for more than one-tenth of the total revenue share of the material type segment by the end of the year 2017 and is expected to lose in market share by 2022 as compared with the year 2017.
3. As per the forecast of Fact.MR, the OEM segment is slated to reach a value of nearly US$ 4,055 Mn in 2022. The OEM segment is expected to lose market share by the end of the year 2022. The largest share is contributed by the APEJ region in the OEM segment.
4. Fact.MR forecasts the compact car type segment to exhibit a compound annual growth rate (CAGR) of 6% from 2017 to 2022.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global car radiator market through 2022, which include Valeo SA, Denso Corporation, MAHLE GmbH, Modine Manufacturing Company, Sanden Holdings Corporation, T.RAD Co., Ltd, TYC Brother Industrial Co., Ltd., Zhejiang Yinlun Machinery Co., Ltd and Banco Products (India) Ltd.
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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