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(I-AutoNewsWire.com, July 18, 2018 ) Automotive Heat Exchanger Market is accounted for $19.13 billion in 2017 and is expected to reach $38.56 billion by 2026 growing at a CAGR of 8.1% during the forecast period. Growing demand for automotive components, increasing HVAC usage in automotive & residential and rising demand for production of passenger and commercial vehicles are some of the key driving factor for the market growth. However, future emission norms pose a threat for EGR and intercoolers and rise in complexity of automotive heat exchangers can hamper the market.
The Key players in the market include- Denso Corporation American Industrial Heat Transfer, Inc. Hanon Systems Banco Products Ltd Constellium HRS Process Systems Limited AKG Thermal Systems Climetal G & M Radiator Modine Manufacturing Company MAHLE GmbH VALEO S.A.
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A heat exchanger is a tool designed for the purpose transferring heat from one medium to another at altered temperatures. Most commonly, these mediums consist of two fluids that flow close to each other and are independent by a material, often metals, with excellent heat transmitting properties. The hot liquid, the liquid with the maximum warmth initially, transfers heat to the freezing liquid as they both pass through the heat exchanger, thus decreasing the high temperature of the hot liquid and raising the warmth of the cold liquid.
On the basis of vehicle type, the passenger cars segment commanded the largest market share due to the increase in manufacture of passenger cars worldwide, huge demand for SUVs & premium vehicles and high performance expectation from personal vehicles is driving the passenger car segment. Moreover, the global demand for passenger cars is larger than that for commercial vehicles.
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Table of Content:
1 Executive Summary
2 Preface 2.1 Abstract 2.2 Stake Holders 2.3 Research Scope 2.4 Research Methodology 2.4.1 Data Mining 2.4.2 Data Analysis 2.4.3 Data Validation 2.4.4 Research Approach 2.5 Research Sources 2.5.1 Primary Research Sources 2.5.2 Secondary Research Sources 2.5.3 Assumptions
3 Market Trend Analysis 3.1 Introduction 3.2 Drivers 3.3 Restraints 3.4 Opportunities 3.5 Threats 3.6 Application Analysis 3.7 Emerging Markets 3.8 Futuristic Market Scenario
4 Porters Five Force Analysis 4.1 Bargaining power of suppliers 4.2 Bargaining power of buyers 4.3 Threat of substitutes 4.4 Threat of new entrants 4.5 Competitive rivalry
5 Global Automotive Heat Exchanger Market, By Vehicle Type 5.1 Introduction 5.2 Light Commercial Vehicles 5.3 Medium & Heavy Commercial Vehicles 5.4 Passenger Cars 5.5 Conventional (ICE) Vehicles 5.6 Other Vehicle Types
6 Global Automotive Heat Exchanger Market, By Electric Vehicle 6.1 Introduction 6.2 Plug-In Hybrid Electric Vehicle (PHEVs) 6.3 Battery Electric Vehicle (BEV) 6.4 Hybrid Electric Vehicle (HEVs)
7 Global Automotive Heat Exchanger Market, By Off-Highway Vehicle Type 7.1 Introduction 7.2 Construction Equipment 7.3 Agricultural Equipment
8 Global Automotive Heat Exchanger Market, By Design Type 8.1 Introduction 8.2 Tube Fin 8.3 Plate Bar 8.4 Other Design Types
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