PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762385
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1762385
The global automotive charge air cooler market size is expected to reach USD 24.37 billion by 2034, according to a new study by Polaris Market Research. The report "Automotive Charge Air Cooler Market Size, Share, Trends, Industry Analysis Report: By Product Type (Air-Cooled and Liquid-Cooled), By Vehicle Type, By Design Type, By Position Type, and By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The automotive charge air cooler (CAC) market revolves around heat exchangers crucial for vehicles equipped with turbochargers or superchargers. These coolers play a vital role in cooling the air that has been compressed by induction systems before it enters the engine. The market encompasses various types of CACs, including air-cooled and liquid-cooled systems, designed to meet the specific needs of different vehicle types and engine configurations.
The automotive charge air cooler market is influenced by several key factors, including the increasing global adoption of turbocharged engines to meet stringent fuel economy and emission regulations. The rising production of passenger and commercial vehicles worldwide also contributed significantly to market demand. Furthermore, ongoing advancements in materials and designs aim to create more efficient, lightweight, and compact charge air coolers. The market also sees a growing emphasis on thermal management systems within vehicles, where CACs play an integral part in optimizing engine performance and reducing environmental impact.
By product type, the air-cooled segment holds a larger share of the automotive charge air cooler market globally due to its long-standing use across various vehicle types and its established manufacturing processes.
By vehicle type, the passenger vehicles segment accounts for the largest share of the market worldwide, primarily due to the high volume of passenger car production and the widespread adoption of turbocharged engines in these vehicles.
By design type, the fin & tube segment presently holds a larger market share globally, attributed to its cost-effectiveness and suitability for a broad range of vehicle applications.
By position type, the standalone segment holds the largest share of the market worldwide, owing to the traditional vehicle design where the CAC is a separate component.
By region, Asia Pacific holds the largest share of the market.
A few key players actively operating in the market include MAHLE GmbH; Modine Manufacturing Company; Dana Incorporated; Valeo; BorgWarner Inc.; T.RAD Co., Ltd.; Hanon Systems; Calsonic Kansei Corporation (now Marelli Corporation); Denso Corporation; Delphi Technologies (now BorgWarner Inc.); and Behr Hella Service GmbH (part of MAHLE GmbH).
Polaris Market Research has segmented the automotive charge air cooler market report on the basis of product type, vehicle type, design type, position type, and region:
By Product Type Outlook (Revenue - USD Billion, 2020-2034)
Air-Cooled
Liquid-Cooled
By Vehicle Type Outlook (Revenue - USD Billion, 2020-2034)
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
Others
By Design Type Outlook (Revenue - USD Billion, 2020-2034)
Fin & Tube
Bar & Tube
By Position Type Outlook (Revenue - USD Billion, 2020-2034)
Integrated
Standalone
By Regional Outlook (Revenue - USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America