Automotive Charge Air Coolers Market Likely to Reach US$ 3.1 Billion in 2023
This market report, from Stratview Research, studies the global automotive charge air cooler market over the trend and forecast period of 2012 to 2017 and 2018 to 2023, respectively.
(EMAILWIRE.COM, February 02, 2019 )
Stratview Research announces the launch of a new research report on Automotive Charge Air Cooler (CAC) Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Product Type (Air-Cooled Charge Air Cooler and Liquid-Cooled Charge Air Cooler), by Position Type (Standalone CAC and Integrated CAC), by Fuel Type (Gasoline and Diesel), and by Region (North America, Europe, Asia-Pacific, and Rest of World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
Automotive Charge Air Cooler (CAC) Market: Research Highlights
The global automotive industry is undergoing the most potentially disruptive decade where stringent government regulations regarding carbon emission reductions and fuel efficiency enhancements are generating an enormous pressure on automakers. Automakers are unraveling it by finding distinct ways. Engine downsizing is one of the prime approaches for achieving such industry needs. Engine downsizing makes engine hotter but makes the engine more powerful and efficient and gives an impetuous growth to the demand for turbochargers in vehicles. This creates a need for effective cooling of charged air through charge air cooler (CAC) (also known as an intercooler).
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As per Stratview Research, the global automotive charge air cooler market is projected to offer an impressive growth opportunity and is likely to reach US$ 3,110.8 million in 2023. Organic growth in automobile production owing to increasing disposable income and growing urbanization; strict government regulations regarding carbon emission reductions and fuel efficiency enhancements, such as CAFÉ Standards; and increasing penetration of turbochargers are some of the major growth drivers of charge air coolers in the automotive industry.
The author of the report cited that passenger car is expected to remain the growth engine of the global automotive charge air cooler market during the forecast period. Higher production of cars coupled with an increased adoption of charge air cooler in gasoline engines is driving the segment.
Based on the product type, air-cooled charge air cooler is expected to remain the most dominant product type in the market during the forecast period, whereas liquid-cooled charge air cooler is likely to grow at a faster rate during the same period.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the launch of a new research report on Automotive Charge Air Cooler (CAC) Market by Vehicle Type (Passenger Car, LCV, and M&HCV), by Product Type (Air-Cooled Charge Air Cooler and Liquid-Cooled Charge Air Cooler), by Position Type (Standalone CAC and Integrated CAC), by Fuel Type (Gasoline and Diesel), and by Region (North America, Europe, Asia-Pacific, and Rest of World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
Automotive Charge Air Cooler (CAC) Market: Research Highlights
The global automotive industry is undergoing the most potentially disruptive decade where stringent government regulations regarding carbon emission reductions and fuel efficiency enhancements are generating an enormous pressure on automakers. Automakers are unraveling it by finding distinct ways. Engine downsizing is one of the prime approaches for achieving such industry needs. Engine downsizing makes engine hotter but makes the engine more powerful and efficient and gives an impetuous growth to the demand for turbochargers in vehicles. This creates a need for effective cooling of charged air through charge air cooler (CAC) (also known as an intercooler).
Click here to view table of contents:- https://www.stratviewresearch.com/toc/339/Charge-Air-Cooler-Market.html
Or
Request a sample here:- https://www.stratviewresearch.com/Request-Sample/339/Charge-Air-Cooler-Market.html
As per Stratview Research, the global automotive charge air cooler market is projected to offer an impressive growth opportunity and is likely to reach US$ 3,110.8 million in 2023. Organic growth in automobile production owing to increasing disposable income and growing urbanization; strict government regulations regarding carbon emission reductions and fuel efficiency enhancements, such as CAFÉ Standards; and increasing penetration of turbochargers are some of the major growth drivers of charge air coolers in the automotive industry.
The author of the report cited that passenger car is expected to remain the growth engine of the global automotive charge air cooler market during the forecast period. Higher production of cars coupled with an increased adoption of charge air cooler in gasoline engines is driving the segment.
Based on the product type, air-cooled charge air cooler is expected to remain the most dominant product type in the market during the forecast period, whereas liquid-cooled charge air cooler is likely to grow at a faster rate during the same period.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results