Automotive Charge Air Cooler Market worth $3.9 Billion by 2026 - Exclusive Report by MarketsandMarkets™

1. Automotive Charge Air Cooler Market worth $3.9 Billion by 2026 - Exclusive Report by MarketsandMarkets™ NEWS PROVIDED BY MarketsandMarkets 08 Jun, 2021, 05:30 ET  CHICAGO, June 8, 2021 /PRNewswire/ -- According to the new market research report "Automotive Charge Air Cooler Market by Type (Air-cooled, Liquid-cooled), Position (Integrated, Standalone), Design (Tube & Fin, Bar & Plate), Fuel Type (Gasoline, Diesel), Vehicle (PC, LCV, Truck, Bus), Material, Sales Channel & Region - Global Forecast to 2026", published by MarketsandMarkets™, the Automotive Charge Air Cooler Market is estimated to be USD 2.8 Billion in 2021 and is projected to grow to USD 3.9 Billion by 2026, at a CAGR of 7.1% during the forecast period. Browse in-depth TOC on "Automotive Charge Air Cooler Market" 152 – Tables 59 – Figures 189 – Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id= 235215455 Asia Paci?c is estimated to have the largest market for charge air coolers, backed by strong demand and production of passenger vehicles and emission regulations in various countries. The growth of fuel-ef?cient vehicles has positively in?uenced the Asia Paci?c Automotive Charge Air Cooler Market. Also, the region has the presence of leading charge 

2. air cooler manufacturers like Hanon Systems, T.RAD Co. Ltd., Marelli, and Denso Corporation, thus creating growth opportunities for the market in the region. These companies have been developing and expanding their business in the region. For instance, in March 2021, Hanon Systems announced that it had begun construction on its ?fth plant in Korea. This new plant will be built on a site that offers approximately 33,000 square meters (approximately 335,000 square feet) of land. Automotive charge air coolers are used to reduce fuel consumption and CO2 emissions in combination with turbocharging. These components maintain and improve power output and torque in vehicles. As the degree of turbocharging increases, the necessity of cooling the heated air grows. In vehicles, charge air coolers primarily function on increasing engine combustion ef?ciency. Thus, charge air coolers play a critical role in cooling the engine. Government regulations of carbon emissions and rising performance demand for ICE vehicles is growing signi?cantly. This has encouraged the use of turbocharged/ supercharged engines along with downsizing. With the trend of engine downsizing in the automotive industry, automakers and manufacturers are focused on reducing fuel consumption and increasing the ef?ciency of vehicles.  Passenger Carrier is estimated to hold the largest market share by vehicle type during the forecast period By vehicle type, the passenger cars segment is projected to lead the Automotive Charge Air Cooler Market during the forecast period. Passenger cars account for around 75-80% of the total vehicle production worldwide. The dominance of this segment can be attributed to the increasing demand for passenger cars, premium vehicles, and SUVs and high-performance expectations from personal vehicles. Most passenger cars are gasoline-powered with limited turbocharger penetration. However, with a growing emphasis on improving engine ef?ciency and downsizing, turbochargers are expected to demonstrate fast growth in cars. Similarly, diesel cars are expected to witness a consistent decline in production and sales in the years to come. This is due to various companies and countries suspending the production of diesel vehicles. Thus, in the passenger cars segment, gasoline vehicles are expected to emerge as the highest potential segment over the forecast period. Air-cooled charge segment is estimated to be the largest segment by range from 2018 to 2026 

3. An air-cooled charge air cooler is highly popular when compared to a liquid-cooled charge air cooler. Some of the prominent advantages of air-cooled coolers include design simplicity, low cost, lightweight, easy function, and higher reliability. This makes these charge coolers suitable for use across all the vehicle segments. In addition, the cooling provided by these air coolers is fairly good, making them the preferred choice for charge air cooling. Thus, operational and cost advantages along with fairly high ef?ciency would ensure steady growth for air-cooled charge air coolers during the forecast period. Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id= 235215455   Asia Paci?c is estimated to show the largest market for automotive charge air cooler Asia Paci?c is estimated to have the largest market for charge air coolers, backed by strong demand and production of passenger vehicles and emission regulations in various countries. The growth of fuel-ef?cient vehicles has positively in?uenced the Asia Paci?c Automotive Charge Air Cooler Market. Also, the region has the presence of leading charge air cooler manufacturers like Hanon Systems, T.RAD Co. Ltd., Marelli, and Denso Corporation, thus creating growth opportunities for the market in the region. These companies have been developing and expanding their business in the region. For instance, in March 2021, Hanon Systems announced that it had begun construction on its ?fth plant in Korea. This new plant will be built on a site that offers approximately 33,000 square meters (approximately 335,000 square feet) of land. Key Market Players: The report analyzes all major players in the Automotive Charge Air Cooler Market including MAHLE GmbH (Germany), T. RAD Co. Ltd. (Japan), Dana Incorporated (US), Valeo (France), and Modine Manufacturing Company (US). Browse Related Reports: Automotive Turbocharger Market by Technology (VGT, Wastegate, Electric), Material (Cast Iron, Aluminum), Component, Fuel Type, Application (Agriculture, Construction), Vehicle (Passenger Car, LCV, Truck & Bus), Aftermarket, Region - Global Forecast to 2025 

4. Thermal System Market for Automotive By Application (Front & Rear AC, Engine & Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery), Technology, Electric & ICE Components, Vehicle Type and Region - Global Forecast to 2027 About MarketsandMarkets™  MarketsandMarkets™ provides quanti?ed B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top of?cers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to bene?t more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's ?agship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com 

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