Automotive Heat Exchanger Market size was valued at US$ 29.58 Bn. in 2023 and the total revenue is expected to grow at 3.8% of CAGR through 2023 to 2029, reaching nearly US$ 38.40 Bn.
Automotive Heat Exchanger Market Overview
The report published by Maximize Market Research helps clients to understand the competitive landscape in detail, which is a guide for strategic planning. The Automotive Heat Exchanger Market overview provides thorough details about the size of the market, trade statistics, leading players, and various market metrics such as life cycle, trends, etc.
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Automotive Heat Exchanger Market Report Scope and Research Methodology
The technology adoption, financial standing, portfolio, merger and acquisition, joint ventures and strategic alliances are covered in the competitive environment for the Automotive Heat Exchanger market. A thorough report includes the drivers, restraints, opportunities, and challenges of the Automotive Heat Exchanger market. To understand Automotive Heat Exchanger market estimations and growth rates, a bottom-up approach was used in the report.
Regional analysis of the Automotive Heat Exchanger market was conducted at a local, regional and global level to understand the Automotive Heat Exchanger market penetration, price and demand analysis and competitive landscape. The report provides fundamental information on the Automotive Heat Exchanger market such as stakeholders, investors and new entrants used to develop marketing plans and investments.
The primary and secondary data methods were used for the data collection for the Automotive Heat Exchanger Market. The primary approach involves surveys, questionnaires and telephonic interviews with market leaders, business owners, etc. and the secondary data collection method includes press news, annual reports and financial reports, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the Automotive Heat Exchanger Market
Automotive Heat Exchanger Market Regional Insights
The Automotive Heat Exchanger market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis in the report helps to understand the Automotive Heat Exchanger market in several countries. The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions.
Automotive Heat Exchanger Market Dynamics:
The MMR report covers all the trends and technologies playing a major role in the growth of the Automotive Heat Exchanger Market over the forecast period. It highlights the drivers, restraints, and opportunities expected to mpact the market growth during 2023-2029.
Automotive Heat Exchanger Market Segmentation:
1. Global Automotive Heat Exchanger Market, by Electric Vehicle Type (2023-2029)
• BEV
• PHEV
• HEV
BEV, PHEV, and HEV make up the three segments of the automotive heat exchanger market. The PHEV market, according to electric vehicle type, is anticipated to experience rapid growth during the projection period.
The market segment for PHEVs is anticipated to expand at the highest rate during the period of forecasting. Rechargeable batteries included in PHEVs can be charged by connecting to outside power sources. PHEVs combine the advantages of electric and traditional ICE vehicles. Compared to HEVs, they have a longer electric range, and they don’t experience range anxiety.
2. Global Automotive Heat Exchanger Market, by Off-highway Vehicle Type (2023-2029)
• Agricultural equipment
• Construction equipment
3. Global Automotive Heat Exchanger Market, by Design Type (2023-2029)
• Plate Bar
• Tube Fin
• Other
Plate Bars, Tube Fins, and others are the segments of the automotive heat exchanger market. In 2023, the plate bar-type design had the highest market share. Due to rising demand to boost energy efficiency and reduce total environmental impacts, the use of heat exchangers with higher thermal efficiency has become more crucial in the new era of sustainability. In this new situation, the plate heat exchanger might be significant. A plate heat exchanger is a small-scale form of exchanger that uses a number of thin plates to transfer heat between two fluids. PHE can be created by brazing, welding, semi-welding, and gasketing. Several thin, rectangular plates joined together in a frame make up the majority of a plate-and-frame or gasketed plate heat exchanger.
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Automotive Heat Exchanger Market Key Players
1. AKG Thermal Systems (US)
2.American Industrial Heat Transfer Inc (US)
3. MODINE MANUFACTURING COMPANY (US)
4.BorgWarner Inc (US)
5. Mishimoto Automotive (US)
6.PWR Corporate (US)
7. Griffin Thermal Products (US)
8.Dana Incorporated (US)
9. Banco Products (India) Ltd (India)
10. SM Auto Engineering Pvt. Ltd. (India)
11. SANDEN CORPORATION (Japan)
13 T.RAD Co., Ltd. (Japan)
14.Calsonic Kansei-Marelli Holdings Co., Ltd. (Japan)
15. NIKKEI HEAT EXCHANGER COMPANY, LTD. (Japan)
16. DENSO Corporation (Japan)
17.Hanon Systems (South Korea)
18.Clizen Inc (South Korea)
19. TYC Brother Industrial Co., Ltd. (Taiwan)
20.G&M Radiator (UK)
21.Senior PLC (UK)
22.MAHLE GmbH (Germany)
23.Valeo SA (France)
24.Constellium SE (France)
25.Nissens Automotive A/S (Denmark)
Key questions answered in the Automotive Heat Exchanger Market are:
Which are the factors expected to drive the Automotive Heat Exchanger market growth?
What are the factors restraining the growth of the Automotive Heat Exchanger Market?
What is the demand pattern of the Automotive Heat Exchanger Market?
What major challenges could the Automotive Heat Exchanger Market face in the future?
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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