Allied Market Research

2024

Automotive Intercooler Market

Automotive Intercooler Market Size, Share, Competitive Landscape and Trend Analysis Report, by Product, by Vehicle type and, by Engine : Global Opportunity Analysis and Industry Forecast, 2023-2032

AT : Automotive Aftermarket

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Author's: | Lalit Janardhan Katare
Publish Date:

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Automotive Intercooler Market Outlook 2027 -

An intercooler is a mechanical device that is used to cool vehicle fluids, which include liquids and gases. It is used as an air to air and air to the water cooler for turbocharged and supercharged internal combustion engines in an automobile. Automotive intercooler improves the volumetric efficiency by increasing the air intake density through cooling at constant pressure in a vehicle. In addition, it improves the efficiency of the induction system by cooling down the heat created by supercharger or turbocharger.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast unit

  Value (USD)

  Segments covered

  Product, Vehicle, and Engine

  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

Bell Intercoolers, Mishimoto, Treadstone Performance Engineering, Forge Motorsport Inc, KVR International, KALE Oto Radiator, PWR Advanced Cooling Technology, Groupe BMR, Modine Manufacturing Company, and Guangzhou Woshen Auto Radiator

 

COVID-19 scenario analysis:

  • The demand for the product was declining from the past few months due to changes in norms in many developing countries. However, due to the lockdown, is the demand has completely subsided.
  • The impact on the automobile sector is very drastic due to the virus as the inventories overflow with no demand in the market.
  • The companies are shut down for months now and the supply chain has completely been broken, which are expected to affect the profitability of companies.
  • The intercooler market has been affected but the demand is expected to rise again when the pandemic is over.
  • The production and sale are expected to take some time to revive after the pandemic is over as there are several involvements in manufacturing an automobile.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Growth in demand in the automotive industry, advancement in technology, and heavy investment by automotive manufacturers are expected to lead to the growth of the automotive intercooler market. Moreover, governments around the globe enact strict emission standards to regulate and decrease concentrations of exhaust emissions, restraining the growth of the market. Furthermore, the automotive industry is moving gradually toward supercharging in two stages, which is expected to provide lucrative opportunities for the market.

The automotive intercooler market trends are as follows:

Growing demand in the automotive industry

The automotive sector directly impacts the market requirement for an automotive intercooler. The rise in vehicle sales is estimated to cause greater use of automotive intercooler to reinforce the vehicle's effectiveness. Moreover, technological progress and heavy investment by locomotive manufacturers contribute to the expansion of automotive intercooler.

Advancement in technology

Automotive intercooler also improves reliability as it offers the engine with a more stable intake air temperature that permits the engine's air-fuel ratio to remain at a secure level. The demand for proficient turbocharged engines and enhanced engine efficiency has increased rapidly due to recent innovations done by manufacturers. Therefore, advancements in intercooler are expected to drive the growth of the market over the forecast period.

Key segments covered:

Segments

Sub-segments

  Product

  • Air-to-Air
  • Air-to-Water

  Vehicle

  • Passenger Car
  • Commercial Vehicle
  • Racing Vehicle

  Engine

  • Supercharged Gasoline
  • Conventional Diesel
  • Turbocharged Diesel

Key benefits of the report:

  • This study presents the analytical depiction of the automotive intercooler market along with current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the automotive intercooler market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years.

Questions answered in the automotive intercooler market research report:

  • Which are the leading market players active in the automotive intercooler market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?

Automotive Intercooler Market Report Highlights

Aspects Details
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By Product
  • Air-to-Air
  • Air-to-Water
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By Vehicle type
  • Passenger Car
  • Commercial Vehicle
  • Racing Vehicle
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By Engine
  • Supercharged Gasoline
  • Conventional Diesel
  • Turbocharged Diesel
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
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Key Market Players

Forge Motorsport Inc,, Modine Manufacturing Company and, KALE Oto Radiator,, Mishimoto,, KVR International,, PWR Advanced Cooling Technology,, Groupe BMR,, Treadstone Performance Engineering,, Guangzhou Woshen Auto Radiator, Bell Intercoolers

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Automotive Intercooler Market

Global Opportunity Analysis and Industry Forecast, 2023-2032