Global Automotive Intercooler Market - Growth, Trends and Forecasts (2018 - 2023)

SKU ID : INH- 12345546

Publishing Date : 26-Apr-2018

No. of pages : 100

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  • The global automotive intercooler market growth is directly impacted by the growth of the global automotive turbocharger market, as intercoolers play a vital role in cooling the compressed air. They reduce the air temperature and increase the engine’s output and performance, and thus help in reducing exhaust emissions and meeting the statutory emission limits. Also, intercoolers help in meeting the fuel economy standards by supplying adequate amount of air filled with oxygen to maintain proper air-fuel ratio and proper combustion to the engine.

    As intercoolers increase the air density, the oxygen content in the air increases and as a result, the air's ability to accommodate more fuel increases. This helps to ensure better fuel combustion, which in turn helps in reducing the exhaust emission content. Increased use and development of downsized engines with the help of turbochargers will help to provide better performance and output; in turn, boosting the growth of the market.

    Automotive Intercooler market has been segmented by type (air to air, water to air), vehicle type (passenger cars, LCV, HCV), engine type (supercharged gasoline, turbocharged diesel, conventional diesel

    Growing Demand for Automotive Intercooler Market

    Asia Pacific is dominating the market for automotive intercooler due to the majority of automotive sales in the region, as well as technological advancement such as two-stage supercharging, which compress air and transfers it back to the engine and enhances the power in the vehicle.

    The growth in the automotive industry directly converts into increasing demand in the automotive intercooler market. Moreover, Technological advancement and heavy investments are helping automotive intercooler to grow. Factors such some of the major factors driving the growth of automotive intercooler market area demand for efficient turbocharged engines strict regulations of the government to decrease the vehicle population, increase the engine efficiency.

    Additionally, environmental advantages offered by intercoolers and turbochargers area also driving the demand for intercoolers. Government's norms to control and reduce exhaust emission levels are driving the market for the automotive Intercooler. Development of automotive manufacturing industries in developing economies such as China and India are driving the growth market for an automotive intercooler.

    As the demand for the automotive intercooler market is directly related to the sales of automobiles, the more sales of automobiles in the market, higher is the demand for automotive intercooler.

    Major Players - BELL INTERCOOLERS, MISHIMOTO, BMR, HONEYWELL, TREADSTONE PERFORMANCE ENGINEERING, amongst others.

    Key Developments in the Market

    • May 2017 - Genesis has begun the first retail deliveries of the new 2018 G80 3.3T Sport sedan with new intercooler in the engine across the United States.

    Reasons to Purchase this Report

    • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
    • Detailed analysis on the product type that is expected to dominate the market
    • Detailed analysis on the regions that are expected to witness fastest growth during the forecast period
    • Identifying the latest developments, market shares, and strategies employed by the major market players.
    • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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