The Global Automotive Heat Exchanger Market Size showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.XX over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5.89 % during the forecast period, i.e. 2017-2025.  A heat exchanger is a device designed to exchange the heat from one medium to another at different temperatures efficiently. In automotive industry SIGMA plate and aluminium plate is used for heat exchangers which benefits the vehicles by cooling the machine coolants moreover, the heat exchangers provide high performance, enhanced productivity which positively influences the growth of global automotive heat exchanger market.

Global Automotive Heat Exchanger Market Growth Opportunities (Revenue, Growth) By 2017-2025

The global market analysis offers in-depth insights, revenue details, and other vital information regarding the global automotive heat exchanger market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive heat exchanger market report has been segmented on the basis of type, application, and region.

Market Dynamics:

Global Automotive Heat Exchanger Market Size, By Application (Air condition system, Exhaust gas heat exchanger, Intercooler, Oil cooler, & Radiator), Design Type, Electric Vehicle Type, Off-Highway Vehicle, Vehicle Type, Regional Analysis (North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe – UK, Russia, France, Brazil, Other) (Middle East and Africa) - Global Industry Insights, Trends and Forecast, 2017-2025. The report "The automotive heat exchanger market is anticipated to grow at a CAGR of 5.89 % from USD 20.21 Billion in 2017 to USD xx.XX Billion during the forecast period”.  In term of sales the electric cars was pegged 760 thousand globally in 2016. Electric vehicles segment held the largest market share and anticipated to keep its dominance throughout the forecast period. There are various heat exchangers such as liquid cooled plate, plate-to-plate are used in electric vehicles for cooling and improving the life of battery. Demand of electric vehicle is increasing due to increasing number of electric vehicles will directly impact the automotive heat exchanger market. T In term of sales the electric cars was pegged 760 thousand globally in 2016.

The increasing demand for the turbochargers in automated vehicles is one of the major drivers for the automotive heat exchanger market. Using turbochargers in the vehicle enables enhanced high altitude performance, reduced emissions, and reduced fuel consumptions, among others. Due to this there is high growth rate for automotive heat exchange market during the upcoming timeline.

According to the Natural Resources Canada (NRC) a turbocharged engine can reduce the fuel consumption and emissions by 2% to 6% compared to the conventional engine. Therefore, raising demand for turbochargers in the automated vehicles would positively impact for precipitate the growth of automotive heat exchanger market.

Market Segmentation:

Automotive heat exchanger is extensively used for industrial oil coolers, transmission and engine coolers, chilled water systems, evaporators in refrigeration systems and condensers. These applications incur excess loss of energy at the time of transfer of heat. The industry is expected to spectator an increase in adoption of energy saving equipment owes to rise in the cost of energy. This will help to raise the market at higher extent during upcoming period.

Environmental concerns are projected to increase the adoption of energy-efficient products such as closed circuit cooling towers and compact exchangers. These devices are used in chemical sector for processing chemical applications. Strict laws against rising level of water contamination and pollution are anticipated to provide a growth opportunity for these devices to wastewater treatment plants.

High demand for automatic transmission and turbocharged engines, upgrading  production of commercial & passenger vehicles and enlarge demand for automotive element are expected to be the one of the major factors which helps to drive the market demand in the upcoming timeline.

Regional Analysis:

Europe is projected to spectator significant growth due to recent developments in nuclear & renewable energy sectors and increased renewal demand for the heat exchangers. Manufacturers in Eastern Europe are projected to focus on regional production to reduce import dependency. India and Japan are expected to spectator market demand due to increasing industrial growth. Government taking initiatives in these countries to develop solar and thermal energy are projected to drive the consumption. Moreover, industry players are focusing on outsourcing their manufacturing facilities in countries such as China, India, and Japan due to low-cost production and cheap labour availability.

Global Automotive Heat Exchanger Market Size, Share Analysis By Region 2017

Automotive Heat Exchanger Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Automotive Heat Exchanger Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in automotive heat exchanger market are included as primary sources of the supply side.

After performing comprehensive engineering of automotive heat exchanger market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Key Player: Key players in this industry include Gunter GmbH & Co. KG, Alfa Laval AB, API, SPX Corporation, Danfoss A/S, SGL Carbon Technic LLC, Tranter Inc. and GEA Group.

Global Automotive Heat Exchanger Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.

The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.