The global automotive charge air cooler market includes companies operating in a wide range of product portfolio. Each category has some well-established key players and owing to different markets in which they operate and compete it is not feasible to determine key five players in the overall Automotive charge air cooler market. However, based on parameters such as overall revenue, brand image, current Automotive charge air cooler product portfolio, geographic reach, customer base, technology adoption & integration, new product/service/feature launches, partnerships, mergers & acquisitions, and other market-related activities, we have listed above five key players operating at a global level.
Hanon Systems; Mahle GMBH; Modine Manufacturing Company; Metair; and Valeo. – PROMINENT MARKET PARTICIPANTS IN Automotive charge air cooler MARKET
The top five key players operating in the global Automotive Charge Air Cooler market are Hanon Systems; Mahle GMBH; Modine Manufacturing Company; Metair; and Valeo in 2021. The market consists of a significant number of players catering to domestic and international demand. The listing of five key players based on a common criterion such as revenue is not feasible. Hence, we have derived this listing of “Key Five Players” in the global Automotive Charge Air Cooler market by giving weightage to following key parameters: overall revenue, segmental revenue, brand image & industry experience, current product portfolio, innovative and advanced technology integration/material enhancements, customer base, geographical reach, new product launches, partnerships, mergers & acquisitions, and other market related activities. The market potential industry is accelerated by the adoption of Automotive Charge Air Cooler.
Increasing demand and turbochargers in the automotive industry are expected to drive the market. Using a turbocharger reduces the cylinder’s displacement and the amount of fuel required for the same output. This factor is expected to create huge growth opportunities for turbochargers during the forecast period. Demand for turbochargers is expected to be very high in the Asia Pacific region. Therefore, these products are increasingly being adopted in passenger cars, driving the demand for automotive intercoolers and further facilitating the implementation of high-power supercharged engines. It offers many possibilities to the market.
Companies in the automotive intercooler market focus on implementing high-performance engines to improve fuel economy. With the help of a high-performance engine, the oil in the engine is significantly cooled to prevent overheating. For example, in April 2021, Tata Autocomp developed a new generation of iSMART that is lightweight and has high cooling efficiency. In addition, the company has developed a new generation of slimline condensers, low-pressure loss charge air coolers, efficient fan motor assemblies and compact collectorless EGR coolers.
Most of the market initiatives were observed in Europe region, which has a high potential for automotive charge air cooler providers. Few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Country |
| 2021 | Dana Limited has announced that its Dana TM4 joint venture is establishing a new manufacturing facility in Åmål, Sweden which will initially produce electric motors for the mobility industry. This new operation will also help company to serve a broad range of automotive components to European customers. | Europe |
| 2020 | Vestas aircoil A/S created a cooler with numerous mounted temperature sensors (thermocouples). According to the business, this is a tiny but crucial step in the effort to create digital twins of the coolers. The sensors, which are installed close to the coolers’ walls, will be utilized to assess both the local temperature distribution and our structural model. | Euorpe |
