Report Code: A11411 | Nov 2023 | Pages: 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 Radiator Market
Request Now !A radiator is a part of combustion engine, which is utilized for cooling the internal combustion in automobiles, locomotives, aircraft, and motorcycles. It has engine coolant, a liquid embedded inside, for cooling of components. The coolant cools the engine block when it gets heated and then through a radiator, where it loses heat to the outside atmosphere. Once cooled, the engine coolant returns to its original position. Engine coolant can either be water base or oil base. There are two types of radiators, cross flow and down flow. Both of these radiators have lower and upper tubes, which are used to antifreeze the coolant and to circulate the radiator fluid in the cooling system of automobiles.
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 |  Radiator, Vehicle, and Distribution Channel |
 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 | Joint Radiator Factory, Denso Corporation, Dongfeng Radiator Co., Ltd, Visteon Corp, Delphi Automotive plc, Modine Manufacturing Co., Valeo SA, Calsonic Kansei Corp., Faret International Holdings Limited, Anhui Fengyang Radiator Co., Ltd, and Guangdong Faret Auto Radiator Co. |
COVID-19 scenario analysis:
Rise in trend of engine downsizing and growth in vehicle sales across the globe are expected to boost the growth of the market. Moreover, the component industry is highly cost-intensive and requires heavy initial investments, which restrain the growth of the market. Furthermore, automotive manufacturers are shifting their production plants or establishing new ones in emerging automotive markets to capitalize the growth in demand for automobiles and benefit from lower capital, thereby creating lucrative opportunities for the automotive radiator market.
The automotive radiator market trends are as follows:
The major driving factor of the market is the rise in trend for engine downsizing for better fuel efficiency and performance. In addition, stringent emission norms and automobile standards across the world encourage the use of environment-friendly radiators in automobiles. Customers are willing to buy automobiles, which are reliable, small, and not bulky.. Therefore, the emerging trend in the market is expected to grow the automotive radiator market over the forecast period.
Automobile has become a basic necessity or need in almost every developing or developed country while the need for luxurious vehicles has also increased on a drastic scale. This trend has made people aware about everything they buy. Therefore, emerging technologies, such as electric vehicles, are further estimated to boost the market growth as new designs and concepts of electric vehicles increase the demand for innovative radiator systems.
Key segments covered:
Segments | Sub-segments |
 Radiator |
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 Vehicle |
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 Distribution Channel |
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Key benefits of the report:
Questions answered in the automotive radiator market research report:
Automotive Radiator Market Report Highlights
Aspects | Details |
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By Radiator |
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By Vehicle type |
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By Distribution Channel |
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By Region |
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Key Market Players | Joint Radiator Factory, Anhui Fengyang Radiator Co., Ltd, Calsonic Kansei Corp., Modine Manufacturing Co., Visteon Corp, Dongfeng Radiator Co., Ltd., Denso Corporation, Guangdong Faret Auto Radiator Co., Faret International Holdings Limited, Valeo SA, Delphi Automotive plc |
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