PUBLISHER: Lucintel | PRODUCT CODE: 1079311
PUBLISHER: Lucintel | PRODUCT CODE: 1079311
Automotive Radiator Market Trends and Forecast
The future of the global automotive radiator market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle. The global automotive radiator market is expected to reach an estimated $16.6 billion by 2027. The global automotive radiator market is forecast to grow at a CAGR of 6.8% by value from 2021 to 2027. The major driver of growth for this market is increasing production of passenger cars and light commercial vehicles.
Emerging Trends in the Automotive Radiator Market
Emerging trends, which have a direct impact on the dynamics of the industry, include development of full-aluminum radiators and environment-friendly radiators.
A total of 133 figures / charts and 96 tables are provided in this 204-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive radiator market report, please download the report brochure.
Automotive Radiator Market by Segments
Lucintel forecasts that aluminum segment will remain the largest segment by material type and is also expected to witness the highest growth over the forecast period. The study includes trends and forecast for the global automotive radiator market by material, flow structure, vehicle type, end user, and region, as follows:
Automotive Radiator Market by Material ($ Million Shipment Analysis from 2016 to 2027):
Automotive Radiator Market by Flow Structure ($ Million Shipment Analysis from 2016 to 2027):
Automotive Radiator Market by Vehicle Type [Value ($ Million) and Volume (Million Units) from 2016 to 2027]:
Automotive Radiator Market by End User [Value ($ Million) and Volume (Million Units) from 2016 to 2027]:
Automotive Radiator Market by Region [Value ($ Million) and Volume (Million Units) from 2016 to 2027]:
List of Automotive Radiator Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive radiator companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive radiator companies profiled in this report includes.
Automotive Radiator Market Insights
Features of the Global Automotive Radiator Market
FAQ
Q1. What is the automotive radiator market size?
Answer: The global automotive radiator market is expected to reach an estimated $16.6 billion by 2027.
Q2. What is the growth forecast for automotive radiator market?
Answer: The automotive radiator market is expected to grow at a CAGR of 6.8% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the automotive radiator market?
Answer: The major driver for this market is increasing production of passenger cars and light commercial vehicles.
Q4. What are the major vehicle type or end use industries for automotive radiator?
Answer: Passenger car is the major segment by vehicle type for automotive radiator.
Q5. What are the emerging trends in automotive radiator market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include development of full-aluminum radiators and environment-friendly radiators.
Q6. Who are the key automotive radiator companies?
Answer: Some of the key automotive radiator companies are as follows:
Q7.Which automotive radiator segment will be the largest in future?
Answer: Lucintel forecasts that aluminum segment will remain the largest segment by material type and is also expected to witness the highest growth over the forecast period as aluminum is more resistant to corrosion and it is used in some brass alloys to improve corrosion resistance. Its superior corrosion resistance has been driving growth for aluminum radiators.
Q8: In automotive radiator market, which region is expected to be the largest in next 5 years?
Answer:APAC and the Rest of the World are expected to witness significant growth over the forecast period because of increase in the passenger car and light commercial vehicle production in China and Brazil.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.