Global Automotive Charge Air Cooler Market (CAC) by vehicle type (passenger car, light commercial vehicle, medium- & heavy-duty commercial vehicle, other). By product type (air-cooled charge air cooler, liquid-cooled charge air cooler). By position type (standalone CAC, integrated CAC). By fuel type (gasoline vehicles, diesel vehicles).Region-wise (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America) is expected to reach US$ 6.3Bn by 2026, at a CAGR of 12.2% during a forecast period.
Driving factor of the automotive CAC market is Organic growth in the automobile production due to increasing disposable income and growing urbanization, strict government regulations regarding carbon emission reductions and fuel efficiency enhancements, for instance CAF Standards and increasing penetration of turbochargers are some of the major growth drivers of charge air coolers in the automotive industry.
Air-cooled charge air cooler is dominant product type in the market during the forecast period.
Air cooled charge air cooler can be adjusted in numerous configurations, such as remote mounting or self-contained and can be integrated into the intake manifold or supercharger housing. On the side, air-cooled charge air cooler is generally mounted standalone in the front of radiator only.
Diesel vehicle is widely used in Global Automotive Charge Air Cooler (CAC) Market.
Diesel vehicle increases the air temperature inside the cylinder to such a high degree that atomised diesel fuel injected into the combustion chamber ignites spontaneously. Whereas gasoline engine is expected to witness a higher growth during the forecast period.
Europe accounts for the largest share of the Global Automotive Charge Air Cooler (CAC) Market.
Europe is dominating automotive charge air cooler market during the forecast period, due to higher penetration of diesel engine vehicles coupled with a better penetration of turbochargers to address the strict emission norms of European Commission.
Key players operating on the automotive CAC market are, Calsonic Kansei Corporation, Denso Corporation, Dana Incorporated, Hanon Systems Mahle GmbH, T.RAD Co., Ltd., and Valeo Group.
Maximize market research, a Global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Automotive Charge Air Cooler (CAC) Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Automotive Charge Air Cooler (CAC) Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global fingerprint module market positioning of competitors.
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