Automotive Heat Exchanger Market Report: Trends, Forecast and Competitive Analysis to 2030

Automotive Heat Exchanger Trends and Forecast

The future of the global automotive heat exchanger market looks promising with opportunities in the radiator, oil cooler, intercooler, air conditioning, and exhaust gas markets. The global automotive heat exchanger market is expected to reach an estimated $32.4 billion by 2030 with a CAGR of 3.3% from 2024 to 2030. The major drivers for this market are rising demand for hybrid and plug-in hybrid automobiles, growing usage of HVAC systems in luxury commercial and off-highway vehicles, and technological developments in transportation globally.

A more than 150-page report is developed to help in your business decisions.

Automotive Heat Exchanger by Segment

The study includes a forecast for the global automotive heat exchanger by design type, vehicle type, electric vehicle, application, and region.

Automotive Heat Exchanger Market by Design Type [Shipment Analysis by Value from 2018 to 2030]:

• Plate Bar
• Tube Fin
• Others

Automotive Heat Exchanger Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Automotive Heat Exchanger Market by Electric Vehicle [Shipment Analysis by Value from 2018 to 2030]:

• Battery Electric Vehicle
• Hybrid Electric Vehicle
• Plug-In Hybrid Electric Vehicle

Automotive Heat Exchanger Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Radiator
• Oil Cooler
• Intercooler
• Air Conditioning
• Exhaust Gas
• Others

Automotive Heat Exchanger Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Automotive Heat Exchanger 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 heat exchanger companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive heat exchanger companies profiled in this report include-

• AKG Thermal Systems
• American Industrial Heat Transfer
• Banco Products
• Climetal S.L. Heat Exchanger
• Clizen
• Constellium
• DENSO
• G&M Radiator
• Hanon Systems
• MAHLE

Automotive Heat Exchanger Market Insights

Lucintel forecasts that plate bar is expected to witness the higher growth over the forecast period because of the steady supply of raw materials, such as nitrile rubber gasket, EPDM rubber, stainless steel plate and frame, and chloroprene rubber.

APAC is expected to witness highest growth over the forecast period due to affordable manufacturing costs and the availability of inexpensive labor in the region.

Features of the Global Automotive Heat Exchanger Market

Market Size Estimates: Automotive heat exchanger market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Automotive heat exchanger market size by various segments, such as by design type, vehicle type, electric vehicle, application, and region in terms of value ($B).

Regional Analysis: Automotive heat exchanger market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different design type, vehicle type, electric vehicle, application, and regions for the automotive heat exchanger market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automotive heat exchanger market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the automotive heat exchanger market size?

Answer: The global automotive heat exchanger market is expected to reach an estimated $32.4 billion by 2030.

Q2. What is the growth forecast for automotive heat exchanger market?

Answer: The global automotive heat exchanger market is expected to grow with a CAGR of 3.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the automotive heat exchanger market?

Answer: The major drivers for this market are rising demand for hybrid and plug-in hybrid automobiles, growing usage of HVAC systems in luxury commercial and off-highway vehicles, and technological developments in transportation globally.

Q4. What are the major segments for automotive heat exchanger market?

Answer: The future of the global automotive heat exchanger market looks promising with opportunities in the radiator, oil cooler, intercooler, air conditioning, and exhaust gas markets.

Q5. Who are the key automotive heat exchanger market companies?

Answer: Some of the key automotive heat exchanger companies are as follows.

• AKG Thermal Systems
• American Industrial Heat Transfer
• Banco Products
• Climetal S.L. Heat Exchanger
• Clizen
• Constellium
• DENSO
• G&M Radiator
• Hanon Systems
• MAHLE

Q6. Which automotive heat exchanger market segment will be the largest in future?

Answer: Lucintel forecasts that plate bar is expected to witness the higher growth over the forecast period because of the steady supply of raw materials, such as nitrile rubber gasket, EPDM rubber, stainless steel plate and frame, and chloroprene rubber.

Q7. In automotive heat exchanger market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to affordable manufacturing costs and the availability of inexpensive labor in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the automotive heat exchanger market by design type (plate bar, tube fin, and others), vehicle type (passenger car, light commercial vehicle, and heavy commercial vehicle), electric vehicle (battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle), application (radiator, oil cooler, intercooler, air conditioning, exhaust gas, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?