Automotive Radiators Market is growing with 4.53% CAGR during 2019-2027 | Size, Share and Forecast
Jul 15, 2019
The global market for automotive radiators worldwide was estimated at US$ 9.23 billion in 2018 and is expected to grow by 4.53 percent CAGR over the forecast period.
SANJOSE, United States - July 15, 2019 /MarketersMedia/ —
According to a new market research report published by Credence Research “Automotive Radiators Market – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the overall automotive radiators market worldwide was valued at US$ 9.23 Bn in 2018 and is set to grow with 4.53% CAGR during the forecast period.
Market Insights
Automotive radiators, being an integral component of vehicles, is heavily dependent on automotive production worldwide. As per OICA, more than 95.0 Mn vehicles were produced in 2018, thereby forming huge consumer base for automotive radiators. Hybrid vehicles have witnessed a rapid rise in demand, which plays a crucial role in the radiators market. Hybrid vehicles require additional low-temperature radiators for battery cooling as compared to normal radiators. As the demand for normal as well as hybrid vehicles is rising, so is the demand for automotive radiators. Therefore, we are expecting steady growth in the automotive radiators market throughout the forecast period.
Based on product type, automotive radiators market is led by crossflow radiators segment. In 2018, cross flow radiators had more than 50% of the total market revenue generated worldwide. A downflow radiator features a horizontal top tank and bottom tank whereas a cross flow radiator features a vertical tank on each side. As a result, in modern vehicles where there is not enough room to accommodate a tall down flow radiator, cross-flow radiators are used to accommodate body designs. Subsequently, we are expecting the crossflow radiators to lead the market throughout the forecast period.
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Based on geography, Asia Pacific will continue to lead the automotive radiators market with more than 40% of the market share. According to OICA, in 2017, more than 40.0 Mn vehicles have been sold in the Asia Pacific followed by North America and Europe with more than 25.0 Mn and 20.0 Mn respectively. On account of the emerging middle class, rising disposable income and increase in the spending pattern in the Asia Pacific, the automobiles sales has been witnessing consistent growth since the past few years. Due to the increase in consumption of automobiles in emerging economies of Asia Pacific, we are expecting a steady growth in the automotive radiators market in the forecast period.
Some of the major companies profiled in the report:
Mahle Behr GmbH & Co. KG,
DENSO Corporation,
Dongfeng Radiator Co. Ltd,
Visteon Corporation,
Aptiv PLC,
Modine Manufacturing Company,
Valeo S.A.,
Calsonic Kansei Corporation,
Anhui Fengyang Radiator Co. Ltd,
Tianjin Yaxing Radiator Co. Ltd.,
Shandong Houfeng Group
Report Scope by Segments
By Product Type (2019–2027; US$ Bn)
Cross Flow
Down Flow
By Material Type (2019–2027; US$ Bn)
Aluminum
Copper & Brass
By Channel (2019–2027; US$ Bn)
OEMs
Aftermarket
By Vehicle Class (2019–2027; US$ Bn)
Passenger Cars
Light Commercial Vehicle
Heavy Commercial Vehicle
Get Free Sample of Automotive Radiators Market: https://www.credenceresearch.com/sample-request/59752
ToC:
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
.............
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Automotive Radiators Market Value, 2017 – 2027, (US$ Mn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Automotive Radiators Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Automotive Radiators Market Analysis, by Product Type, 2017 – 2027 (US$ Mn)
4.1 Overview
4.2 Cross Flow
4.3 Down Flow
Chapter 5 Global Automotive Radiators Market Analysis, by Material Type, 2017 – 2027 (US$ Mn)
5.1 Overview
5.2 Aluminum
5.3 Copper & Brass
Chapter 6 Global Automotive Radiators Market Analysis, by Channel, 2017 – 2027 (US$ Mn)
6.1 Overview
6.2 OEMs
6.3 Aftermarket
Chapter 7 Global Automotive Radiators Market Analysis, by Vehicle Type, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 Passenger Cars
7.3 Light Commercial Vehicles
7.4 Heavy Commercial Vehicles
Chapter 8 North America Automotive Radiators Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 North America Automotive Radiators Market Analysis, By Product Type, 2017 – 2027
8.2.1 Market Analysis
8.3 North America Automotive Radiators Market Analysis, By Material Type, 2017 – 2027
8.3.1 Market Analysis
8.4 North America Automotive Radiators Market Analysis, By Channel, 2017 – 2027
8.4.1 Market Analysis
8.5 North America Automotive Radiators Market Analysis, By Vehicle Type, 2017 – 2027
8.5.1 Market Analysis
8.6 North America Automotive Radiators Market Analysis, By Region/Country, 2017 – 2027
8.6.1 U.S.
8.6.1.1 U.S. Automotive Radiators Market Value, By Product Type, 2017 – 2027 (US$ Mn)
8.6.1.2 U.S. Automotive Radiators Market Value, By Material Type, 2017 – 2027 (US$ Mn)
8.6.1.3 U.S. Automotive Radiators Market Value, By Channel, 2017 – 2027 (US$ Mn)
8.6.1.4 U.S. Automotive Radiators Market Value, By Vehicle Type, 2017 – 2027 (US$ Mn)
8.6.2 Rest of North America
8.6.2.1 Rest Of North America Automotive Radiators Market Value, By Product Type, 2017 – 2027 (US$ Mn)
8.6.2.2 Rest Of North America Automotive Radiators Market Value, By Material Type, 2017 – 2027 (US$ Mn)
8.6.2.3 Rest Of North America Automotive Radiators Market Value, By Channel, 2017 – 2027 (US$ Mn)
8.6.2.4 Rest Of North America Automotive Radiators Market Value, By Vehicle Type, 2017 – 2027 (US$ Mn)
Chapter 9 Europe Automotive Radiators Market Analysis, 2017 – 2027 (US$ Mn)
.............
Chapter 10 Asia Pacific Automotive Radiators Market Analysis, 2017 – 2027 (US$ Mn)
.............
Chapter 11 Rest of the World (RoW) Automotive Radiators Market Analysis, 2017 – 2027 (US$ Mn)
............
Chapter 12 Company Profiles
12.1 Mahle Behr GmbH & Co. KG
12.2 DENSO Corporation
12.3 Dongfeng Radiator Co. Ltd
12.4 Visteon Corporation
12.5 Aptiv PLC
12.6 Modine Manufacturing Company
12.7 Valeo S.A.
12.8 Calsonic Kansei Corporation
12.9 Anhui Fengyang Radiator Co. Ltd
12.10 Tianjin Yaxing Radiator Co. Ltd.
12.11 Shandong Houfeng Group
.............continued
Browse the full report at https://www.credenceresearch.com/report/automotive-radiators-market
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Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Medium: Automotive Radiators Market: Global Industry Analysis
Contact Info:
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Organization: Credence Research
Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States
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Website: https://www.credenceresearch.com
Source: MarketersMedia
Release ID: 88896240
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