A heat exchanger assembly which contains aluminum fins, metal pipe network for convention heat loss from flowing coolant and a fan is called an automotive radiator. The radiator is usually installed for cooling the engine and the different other components. It also cools down the motor and batteries in the case of hybrid or electric vehicles. The growth is demand for the automobile is expected to play an important role in shaping the automotive radiator market in the near future.
MARKET SCOPE
The "Global Automotive Radiator Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive radiator market with detailed market segmentation by type, material, vehicle type, and geography. The global automotive radiator market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive radiator market players and offers key trends and opportunities in the market..
MARKET SEGMENTATION
- Based on type, the automotive radiator market is segmented into down-flow, cross-flow, and multiple-pass.
- On the basis of material market is segmented as aluminum, plastic & aluminum, and copper & brass.
- On the basis of vehicle type into passenger car, light commercial vehicle, heavy commercial vehicle.
MARKET DYNAMICS
Drivers:
- The rigid emission norms and stringent rules and regulations are anticipated to propel the market growth.
- Hybrid vehicles are expected to play a main role in propelling the demand for automotive radiator in the near future.
Restraints:
- Fluctuating prices of raw material.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive radiator market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive radiator market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the automotive radiator market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the automotive radiator in these regions.
IMPACT OF COVID-19 ON AUTOMOTIVE RADIATOR MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive and transportation industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of automotive and transportation in 2020. However, the industry started to stabilize from Q4 of 2020 as economies started to reopen and containment measures were relaxed.
MARKET PLAYERS
The reports cover key developments in the automotive radiator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from automotive radiator market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive radiator in the global market. Below mentioned is the list of few companies engaged in the automotive radiator market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive radiator market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The report also includes the profiles of automotive TCU market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Anhui Fengyang Radiator Co., Ltd
- Behr GmbH &Co.KG.,
- Calsonic Kansei Corp.
- Delphi Automotive plc
- Denso Corporation
- Dongfeng Radiator Co., Ltd
- Faret International Holdings Limited
- Modine Manufacturing Co.
- Valeo SA
- Visteon Corp