Automotive Heat Exchangers Market Sales and Share by Region (2012-2017)

Automotive heat exchanger market is expected to witness a growth over the forecasted period owing to increasing demand of automotive component industry. There is increase in demand of automotive component industry owing to increasing demand of automobiles in different part of world. There is increase in demand of automobile owing to increasing disposable income in different part of world. Automotive heat exchanger market is expected to witness rise owing to increasing demand of energy efficient systems. Different companies of this field are investing heavily on their research and development part to make more energy efficient heat exchanger as the cost of energy is also increasing. The major drivers which are expected to propel growth over the forecasted period are increasing demand of small cars with turbochargers. Since, with increase in turbo charging of the engine cooling the compressed air in compressor becomes necessary. So for doing which heat exchanger is needed? In this way increasing demand of turbochargers will fuel the growth of automotive heat exchanger market. Increasing industrial activities in the field of automobiles is also driving the growth of Automotive Heat Exchanger Market. Since the automobile companies are expanding themselves worldwide which in turn is increasing the demands of automobiles round the world?

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The main challenge in this market is to provide most energy efficient solution because competition is expected to increase due to entry of new vendors. Another thing that can pose challenge for Automotive Heat Exchanger Market is, when new vendors offer low prices than the market which ultimately erodes the profit margin of big players. The Automotive Heat Exchanger Market is expected to thrive owing to technological advancements and incremental upgradatiion in automobile industry. The growth of Automotive Heat Exchanger Market also depends on growing focus on energy efficiency, reducing envoi mental pollution and climate. On the basis of type it can be segregated on hot side heat exchanger and cold side heat exchanger. Hot side heat exchanger is designed in such a way that there is no distortion in the flow of exhaust gases.There is any back pressure developed. It is placed between catalytic converter and muffler. Cold side heat exchanger are designed in a way that they don’t develop the back pressure .There is distortion of air conditioning system. On the basis of region it can be segmented into Asia pacific, North America and Europe. Europe is expected to be the biggest market for automotive heat exchanger market owing to huge demand and presence of the most of the global leader in Europe.

The demand in this region is propelling due to increasing replacement demand for the heat exchanger. Europe is one of the “sell abroad” base heat exchanger market. Manufacturers from East Europe are expected to reduce the import dependence of other countries which will further fuel up the automotive industry market. The Asia Pacific reason is expected to see the increase in demand owing to increasing disposable income in the countries of Asia which has further increased the demand of automobiles. This increase in demand of vehicles has given a surge in the growth of Automotive Heat Exchanger Market in Asia.  There is increase in demand of energy efficient Automotive Heat Exchanger .due to which companies are manufacturing Automotive Heat Exchanger with aluminium as metal .This is done owing to high thermal conductivity of metal. The demand of aluminium has brought huge surge in demand of range of aluminium alloys so that it can comply with different design specification of Automotive Heat Exchanger .Growth in this reason is led by different economic factors, rapid urbanization, growing population of middle class ,favourable conditions of demographics Countries like china ,India, Japan are expected to witness extensive growth. Asian countries are putting energetic efforts to for the development of strong base in their respective countries. In the field of Automotive Heat Exchanger, many renowned companies have set up their base in china by joint ventures. China market is driven by huge automobile demand and replacement demands.

the basis of automotive components Automotive Heat Exchanger Market can be segregated into following part that are, exhaust gas recirculation, air coolers, evaporators, oil coolers, radiators and condensers.EGR coolers and pressurized intercoolers will continue to propel the growth of automotive heat exchanger market in China. The five key vendors are automotive heat exchanger are Wuxi Guanyun Heat Exchanger, Mahle Gmbh, Visteon, Denso and Valeo. Other prominent members are G&M Radiator, Seasonair Malaysia, Weifang HengAn Radiator, NingBo LuRun Cooler, Climetal, Banco Products (India) Limited, Pierburg China(KSPG), Jiangsu Jiahe Thermal Systems, Spectra Premium Industries Inc., Delphi Automotive plc, Modine Manufacturing Co., Calsonic

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