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The key growth drivers of this market are the increase in demand for HVAC system in high-end commercial vehicles and off-highway vehicles, along with the rising demand for turbocharged and supercharged vehicles which require intercoolers. The growth can also be attributed to the increasing demand for BEVs and PHEVs, which require battery thermal management systems for battery cooling.
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Automotive Heat Exchanger Market worth 32.05 Billion USD by 2025 The report "Automotive Heat Exchanger Market by Application (Air condition system, Exhaust gas heat exchanger, Intercooler, Oil cooler, & Radiator), Design Type, Electric Vehicle Type, Off-Highway Vehicle, Vehicle Type, Region - Global Forecast to 2025", The automotive heat exchanger market is projected to grow at a CAGR of 6.61 % from USD 19.21 Billion in 2017 to USD 32.05 Billion by 2025. Browse 77 market data Tables and 42 Figures spread through 134 Pages and in-depth TOC on "Automotive Heat Exchanger Market by Application (Air condition system, Exhaust gas heat exchanger, Intercooler, Oil cooler, & Radiator), Design Type, Electric Vehicle Type, Off-Highway Vehicle, Vehicle Type, Region - Global Forecast to 2025" https://www.marketsandmarkets.com/Market-Reports/automotive-heat-exchanger-market-66134431.html Early buyers will receive 10% customization on reports. The key growth drivers of this market are the increase in demand for HVAC system in high-end commercial vehicles and off-highway vehicles, along with the rising demand for turbocharged and supercharged vehicles which require intercoolers. The growth can also be attributed to the increasing demand for BEVs and PHEVs, which require battery thermal management systems for battery cooling. The air conditioning system segment is estimated to be the largest segment in the Automotive Heat Exchanger Market, by application The air conditioning system segment is estimated to hold the largest market share in the global automotive heat exchanger market, by application. With the growing demand for comfort and convenience, the adoption of these systems is increasing in commercial vehicles. This is prompting the growth of air conditioning system segment in automotive heat exchanger market. Plate Bar segment is estimated to be the fastest growing segment in the Automotive heat exchangers, by design type The automotive heat exchanger market for plate bar heat exchanger segment is estimated to grow at the highest rate during the forecast period. This type is mostly used in commercial and off-highway vehicles which require a high degree of durability. Factors such as the development of infrastructure and increasing demand for commercial vehicles for freight transport are driving the growth of the plate bar segment. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=66134431 Asia Pacific: Largest regional market for Automotive heat exchangers Asia Pacific is estimated to be the largest regional market for automotive heat exchangers. The Asia Pacific region accounts for about 50% of the global automobile production. The region comprises emerging economies such as China and India along with developed nations such as Japan and South Korea. The growth
of this market can be attributed to the increase in production and demand for passenger cars and electric vehicles. The report covers all the major players in the automotive heat exchanger market, including Denso (Japan), Mahle (Germany), Valeo (France), Dana (US), and Hanon (South Korea). Request Sample: https://www.marketsandmarkets.com/requestsample.asp?id=66134431 Target Audience Automotive heat exchanger manufacturers Automotive component manufacturers Automotive powertrain manufacturers Engine cooling system manufacturers Battery thermal management system manufacturers About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers 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 benefit 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 flagship competitive intelligence and market research platform, "RT" 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. Shelly singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com
