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| A07219 | Pages: NA | Aug 2021 | 993 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Automotive Cooling Fans Market
Request Now !Automotive cooling fans in a vehicle provide constant cooling and ventilation for various components such as engine & electronics. An internal combustion engine (ICE) generates gases at a very high temperature, due to the burning of fuel inside the combustion chamber owing to which a cooling mechanism is required to allow the functioning of engine at normal temperature. Cooling fans allow the air to pass through the radiator for cooling the engine. Similarly, electrical systems such as the infotainment & air conditioning system are installed with condenser fans to maintain desired temperature. Therefore, the demand for automotive cooling fans is projected to boost the growth of the automotive cooling fan market in the future.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Vehicle Type, Fuel Type, Sales Channel and Region |
Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
Companies covered | The major players analyzed include AMETEK. Inc, DENSO CORPORATION, Flexxaire Inc., Horton Holding Inc., Multi-Wing America Inc., SPAL Automotive, Sunonwealth Electric Machine Industry Co. Ltd, Valeo SA, Continental Automotive GmbH, and Toshiba Electronic. |
Increase in adoption of electronic system in the vehicles, rise in demand for hybrid electric vehicles, and introduction of advanced technologies such as new vibration free blades are driving the growth of the market. However, higher power consumption of the system is expected to hamper the growth of the market. On the contrary, introduction of lightweight, temperature resistant, and stable cooling fans is anticipated to create an opportunity for the market investments.
The global automotive cooling fan market trends are as follows:
Electric vehicles have witnessed a rapid rise in demand in the recent past due to high pollution levels. Hybrid electric vehicles require additional cooling fans than an internal combustion engine vehicle. Combination of batteries & a turbo engine require a greater number of electrical automated cooling fans in the vehicle. The cooling fans for hybrid vehicle requires a greater amount of power since the heat is not only generated by the engine but also from the battery pack & motor. Furthermore, single chip temperature sensors and optimized management of the fan’s speed is necessary for efficient cooling. Therefore, growth in demand for hybrid electric vehicles is expected to boost the growth of the automotive cooling fans market.
Key segments covered:
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Key benefits of the report:
Questions answered in the global automotive cooling fans market research report:
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