Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Automotive Heat Exchanger Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
The automotive heat exchanger industry is set to experience significant growth, primarily driven by the burgeoning electric vehicle sector and the consequent demand for proficient thermal management systems. A comprehensive market research report examining the global landscape of automotive heat exchangers, detailing strategic insights, and forecasts for the industry's progression is now available on our website.
The report presents intricate analyses of the automotive heat exchanger market's performance, with a strong focus on influential factors such as technological innovations, global industry trends, emerging market segments, and the shifting dynamics of thermal management solutions within the automotive sector.
As the automotive landscape evolves, a notable shift toward electric and hybrid vehicles has been identified as a significant growth propeller for the heat exchanger market. With a compound annual growth rate (CAGR) of 8.0%, the market is projected to reach new heights, expanding from its current valuation in 2023 to an estimated $38.83 billion by 2028.
Industry players are responding to these trends by focusing on product innovations and technological advancements in heat exchanger designs and materials. These efforts are aimed at addressing the complex cooling and heating requirements of modern automotive mechanisms, particularly for electric vehicles which necessitate efficient thermal management for performance optimization.
The global market research report segments the industry by type, application, and vehicle type, encompassing a variety of heat exchangers such as radiators, oil coolers, and intercoolers among others. Additionally, the report provides a comprehensive breakdown of market shares held by key players and delves into regional insights, with Asia-Pacific leading the market in terms of size and growth potential.
Insights into the competitive environment feature strategic moves by major companies such as acquisitions, partnerships, and product launches that aim to enhance their offerings and secure a stronghold in the market.
Highlights from the Automotive Heat Exchanger Market Research Report:
- In-depth understanding of the market dynamics and growth opportunities.
- Detailed segmentation and analysis of key market players and regions.
- Identification of trends and drivers shaping the automotive heat exchanger industry.
- Strategic analysis of the competitive landscape and market forecasts.
- Comprehensive data on market sizes, shares, and growth rates.
The report provides invaluable insights for stakeholders, investors, automotive industry professionals, and market participants, equipping them with essential information to navigate the complex automotive heat exchanger landscape. The expected market trends, opportunities, and forecasted growth are essential for strategic planning and investment decisions.
Visit our website to access this comprehensive and detailed analysis of the global automotive heat exchanger market, and to stay informed about the industry's latest developments and future trajectory.
A selection of companies mentioned in this report includes
- Nippon Denso Co Ltd.
- MAHLE GmbH
- Valeo SA
- Hanon Systems Co Ltd.
- Dana Ltd.
- Autokühler-Gesellschaft Group
- American Industrial Heat Transfer Inc.
- Alfa-Laval AB
- Banco Products Ltd.
- Climetal SL
- Clizen Inc.
- Constellium SE
- GM Radiator Manufacturing Company Ltd.
- American Petroleum Institute Heat Transfer
- Robert Bosch GmbH
- Modine Manufacturing Company
- Calsonic Kansei Corporation
- Behr Hella Service GmbH
- Visteon Corporation
- Filterwerk Mann+Hummel GmbH
- Tata AutoComp Systems Ltd.
- Sanden Holdings Corporation
- Adrad Pty Ltd.
- Sondex AS
- Cummins Inc.
- Automotive Cooling Ltd.
- Genera Corporation
- T RAD Co. Ltd.
- Sunbelt Radiators Inc.
- Kelvion Holding GmbH
For more information about this report visit https://www.researchandmarkets.com/r/fp34bz
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