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Market Research Report

Automotive Radiator Market Size, Share, Trends, Growth, Demand, Market Opportunity Assessment, Challenges & Key players analysis with Regional Outlook for Forecast Period 2017-2025

Published On : 2018-03-29 Report Page : 320 Category: Automotive

Automotive Radiator Market 

Market Overview

Automotive radiator market is majorly driven by the automotive OEMs demand. One area of focus for developing country automotive component suppliers is the manufacturing hubs of the China, Mexico and India. However, the OEM market for automotive radiators is ruled by the Tier 1 component suppliers for automotive OEMs. On the other hand, aftermarket sector for automotive radiators has much less consolidated situation and more opportunity for new entrants. Exporters and importers targeting the aftermarkets might find ease in enter the market through liberated distributors. The OEMs of commercial vehicles, tractors and other combustion engine-powered equipment is also a huge potential sector for the market growth.

Automotive Radiator Market Segmentation

By Product Type

  • Down-Flow
  • Cross-Flow

By Material Type

  • Aluminum
  • Copper/Brass
  • Composites

By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Two Wheelers

By End Users

  • OEMs
  • Aftermarket

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

Automotive Radiator Market Size, Share & Forecast

Goldstein Research analyst forecast the global automotive radiator market to expand at a CAGR of +4.1% during the forecast period 2017-2025. Further, the market is anticipated to reach USD 12.4 billion by the end of forecast period.  Based on material type, aluminum accounted for the largest market share of more than 70% in global automotive radiator market in 2017. On the other hand, composite materials such as fiber glass-reinforced polyamide are expected to be the fastest growing materials at a CAGR of more than 6% during the forecast period owing to their light weight and high physical properties.

Geographically, Asia Pacific region accounted for the largest market share with 35% revenue share in global automotive radiator market. Asia Pacific is closely followed by the Europe, which occupied about 28% of the market share owing to presence of big automotive industry players and huge automobile production in the region. The major countries of Latin America such as Brazil and Mexico showcase huge opportunity for automotive radiator industry as the automobile manufacturing and sales are growing rapidly in these countries.

Automotive Radiator Market Trends, Growth Factors & Challenges

According to our global automotive radiator market study on the basis of extensive primary and secondary research, one major trend in the market is the rapid adoption of lightweight materials such as aluminum and composites in order to reduce the weight of overall component in order to reduce the weight of vehicle.

According to the report, major driver in global automotive radiator market is growing vehicle sales across the globe especially in developing countries such as China, India and Mexico among others. Moreover, emerging technologies such as electric vehicles will further boost the market growth, as the new designs and concepts of electric vehicles will demand innovative radiator systems. According our estimates, electric and hybrid cars sale are expected to reach 16 million units by 2021.

Further, the report states that one challenge in global automotive radiator market is high cost as the component industry is highly cost intensive and requires heavy initial investment.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Covered in this automotive radiator market report

The report covers the present ground scenario and the future growth prospects of the automotive radiator market for 2017-2025 along with the total revenue of automotive radiator industry in every region. We calculated the market size and revenue share on the basis of revenue generated per segment, region and country level. The revenue forecast is given on the basis of number of automotive radiator manufacturers and current growth rate of the market.

Global Automotive Radiator Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global automotive radiator market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global automotive radiator market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our Global Automotive Radiator Market report comprises of the following companies as the key players in the global automotive radiator market: Denso Corporation, Dongfeng Radiator Co., Ltd, Visteon Corp, Delphi Automotive plc, Modine Manufacturing Co., Valeo SA, Behr GmbH &Co.KG., Calsonic Kansei Corp.,Faret International Holdings Limited, Anhui Fengyang Radiator Co., Ltd, Guangdong Faret Auto Radiator Co., Ltd, Keihin Corp., Tianjin Auto radiator Co., Ltd, Shandong Houfeng Group, Sanden Corp. and Yonghong Radiator Company.

For a full detailed overview, send us the a request for automotive radiator market report sample.

Key questions answered in this global automotive radiator market report

  • What is the total market size by 2025 and what would be the expected growth rate of sales?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

We can provide two hour complimentary interaction with our analyst after the purchase of this market report. Details are imparted within the report.

Automotive Radiator Market Size, Share, Trends, Growth, Demand, Market Opportunity Assessment, Challenges & Key players analysis with Regional Outlook for Forecast Period 2017-2025

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