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Automotive Cooler Industry Flourishes Relentlessly | Global Market Opportunities, Comprehensive Research Study, and Trends by Forecast 2023
Global Automotive Cooler Market, By Type (Plate and fin, Tube and fin), By Vehicle Type (Passenger vehicle, Commercial vehicle), By Application (Engine Cooler, HVAC Cooler, Brake Lubricant and Other) and Region- Forecast 2017-2023.
Published 12 February 2018
Automotive Cooler Market – Overview
An automotive cooler is prepared by use of metal and employs thin passages and fins in order to cool the exhaust gas. Its function like a radiator, by passing cool air through the fins. Cool air decrease the temperature of the exhaust gas through fins or tubes.
Engine oil cooler is used as a cooling agent in performance cars, pick-up trucks, racing cars and LCVs. Demand for automotive coolers is projected to rise due to the increase in number of the high speed and sports vehicles in the automotive market.
The introduction of stringent norms by regulatory bodies on carbon emissions of automotive are also expected to boost the demand for automotive coolers, which controls the emission of toxic gases from vehicles. Growing emphasis of the automotive industry on electric vehicles is expected to hamper the growth of the market, as electric vehicles generate less amount of heat as compared to the internal combustion (IC) engines. Use of performance engine oil coolers in drag races is expected to fuel the growth of the market over the forecast period. Thus, the automotive cooler market is expected to register a CAGR of about 6.15%.
Industry Leaders:
BP P.L.C.(U.K.), Chevron Corporation (U.S.), Cummins Filtration (U.S.), Shandong Yuean Chemical Industry Co. Ltd(China), Gallay Ltd (England), Hayden Automotive (U.S.), NENGUN CO. LTD (Japan), Calsonic Kansei Corporation (Japan) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Automotive Cooler Market.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/3898
Automotive Cooler Market – Competitive Analysis
The Automotive Cooler Market appears to be competitive with the presence of several large and small players operating in the Market. These Key players compete based upon pricing, quality, Technology and reputation. Automotive Cooler Market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the Market strive to respond to the growing demand for air conditioning in automotive applications. They ensure to deliver the best quality products based on innovative technologies, and best practices.
Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. The manufactures strive to develop products which deliver optimal efficient, convenience and reliability. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.
Industry News:
January 2017- Dana supplies exhaust manifold, exhaust gas recirculation, and turbo gaskets; thermal-acoustical protective shielding (TAPS); and charge air, transmission oil, engine oil, and diesel fuel coolers for the Ford Super Duty 6.7-liter diesel engine. Dana's valve stem seals, transmission oil cooler, and plastic cam covers also are incorporated into the 6.2-liter gas engine. Together, these technologies help the automaker meet industry demands by improving fuel economy and engine durability, and by reducing oil consumption, weight, and emissions.
September 2014 - With lightweight construction and improved power density, MAHLE was able to completely offset the theoretical increase in weight resulting from the need for higher performance of a cooling system for EURO VI applications. MAHLE has been able to design the cooling system to meet the challenges without increasing weight. These development measures have improved cooling capacity relative to Euro V systems without increasing fuel consumption.
Get Complete Report @ https://www.marketresearchfuture.com/reports/automotive-cooler-market-3898
Automotive Cooler Market – Segmentation
Segmentation by Type - Plate and fin, Tube and fin
Segmentation by Vehicle type - Passenger vehicle, Commercial vehicle
Segmentation by Application - Engine Cooler, HVAC Cooler, Brake Lubricant and Other
Segmentation by Regions - North America, Europe, Asia Pacific and Rest of the World.
Automotive Cooler Market – Regional Analysis
The North America region is expected to be the major revenue contributor in the global Automotive Cooler Market over the forecast period owing to factors such as increase in the demand and high sales of vehicles in the passenger car segment such as sports sedans, racing cars, high-end SUVs and crossovers.
Asia Pacific region is expected to grow as the developing countries in the region are witnessing an increase in vehicle production, which leads to a boom in the demand for automotive coolers. The new emission standard for passenger cars and commercial vehicles can be achieved by applying the regulations to the automotive and not only automotive components. The market in the developing countries, is largely driven by economic growth and ongoing industrialization, which helps in the production of vehicles.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
An automotive cooler is prepared by use of metal and employs thin passages and fins in order to cool the exhaust gas. Its function like a radiator, by passing cool air through the fins. Cool air decrease the temperature of the exhaust gas through fins or tubes.
Engine oil cooler is used as a cooling agent in performance cars, pick-up trucks, racing cars and LCVs. Demand for automotive coolers is projected to rise due to the increase in number of the high speed and sports vehicles in the automotive market.
The introduction of stringent norms by regulatory bodies on carbon emissions of automotive are also expected to boost the demand for automotive coolers, which controls the emission of toxic gases from vehicles. Growing emphasis of the automotive industry on electric vehicles is expected to hamper the growth of the market, as electric vehicles generate less amount of heat as compared to the internal combustion (IC) engines. Use of performance engine oil coolers in drag races is expected to fuel the growth of the market over the forecast period. Thus, the automotive cooler market is expected to register a CAGR of about 6.15%.
Industry Leaders:
BP P.L.C.(U.K.), Chevron Corporation (U.S.), Cummins Filtration (U.S.), Shandong Yuean Chemical Industry Co. Ltd(China), Gallay Ltd (England), Hayden Automotive (U.S.), NENGUN CO. LTD (Japan), Calsonic Kansei Corporation (Japan) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Automotive Cooler Market.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/3898
Automotive Cooler Market – Competitive Analysis
The Automotive Cooler Market appears to be competitive with the presence of several large and small players operating in the Market. These Key players compete based upon pricing, quality, Technology and reputation. Automotive Cooler Market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the Market strive to respond to the growing demand for air conditioning in automotive applications. They ensure to deliver the best quality products based on innovative technologies, and best practices.
Manufacturers operating in the market strive to deliver innovative solutions that improve the design and manufacturing processes of business around the world. The manufactures strive to develop products which deliver optimal efficient, convenience and reliability. Utilizing their international and regional presence, these manufacturers assure their customers with the consistency in product & service quality. Well established players incorporate acquisition, collaboration, partnership, expansion, and product launch in order to gain competitive advantage in this market and to maintain their market position.
Industry News:
January 2017- Dana supplies exhaust manifold, exhaust gas recirculation, and turbo gaskets; thermal-acoustical protective shielding (TAPS); and charge air, transmission oil, engine oil, and diesel fuel coolers for the Ford Super Duty 6.7-liter diesel engine. Dana's valve stem seals, transmission oil cooler, and plastic cam covers also are incorporated into the 6.2-liter gas engine. Together, these technologies help the automaker meet industry demands by improving fuel economy and engine durability, and by reducing oil consumption, weight, and emissions.
September 2014 - With lightweight construction and improved power density, MAHLE was able to completely offset the theoretical increase in weight resulting from the need for higher performance of a cooling system for EURO VI applications. MAHLE has been able to design the cooling system to meet the challenges without increasing weight. These development measures have improved cooling capacity relative to Euro V systems without increasing fuel consumption.
Get Complete Report @ https://www.marketresearchfuture.com/reports/automotive-cooler-market-3898
Automotive Cooler Market – Segmentation
Segmentation by Type - Plate and fin, Tube and fin
Segmentation by Vehicle type - Passenger vehicle, Commercial vehicle
Segmentation by Application - Engine Cooler, HVAC Cooler, Brake Lubricant and Other
Segmentation by Regions - North America, Europe, Asia Pacific and Rest of the World.
Automotive Cooler Market – Regional Analysis
The North America region is expected to be the major revenue contributor in the global Automotive Cooler Market over the forecast period owing to factors such as increase in the demand and high sales of vehicles in the passenger car segment such as sports sedans, racing cars, high-end SUVs and crossovers.
Asia Pacific region is expected to grow as the developing countries in the region are witnessing an increase in vehicle production, which leads to a boom in the demand for automotive coolers. The new emission standard for passenger cars and commercial vehicles can be achieved by applying the regulations to the automotive and not only automotive components. The market in the developing countries, is largely driven by economic growth and ongoing industrialization, which helps in the production of vehicles.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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