Global Automotive Radiator Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product Type;

Down-flow and Cross-flow.

By Application;

Passenger cars, LCVs and M&HCVs.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn851404546 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Automotive Radiator Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Radiator Market was valued at USD 7,634.52 million. The size of this market is expected to increase to USD 11,479.50 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

Automotive radiators play a crucial role in maintaining engine temperature by efficiently dissipating heat generated during operation. Comprised of tanks, tubes, fins, and fans, they facilitate the circulation of coolant to absorb heat from the engine, ensuring optimal performance. This process is vital for preventing overheating and preserving the integrity of engine components.

The automotive industry is experiencing significant growth, driven by various factors. Increased demand for private vehicles, spurred by preferences for personal commutes and multiple vehicle ownership, has led to a surge in sales and the replacement of aging fleets. Accessible financing options like leasing and installment payments have democratized vehicle ownership, making it feasible for individuals across income levels to purchase vehicles. Manufacturers are capitalizing on this trend by offering competitive financing rates and incentives to bolster sales, indirectly fueling demand for automotive radiators.

East Asia is poised to dominate the automotive radiator market, fueled by factors such as a growing population and China's status as a manufacturing hub. With abundant raw materials and a cost-effective workforce, China particularly stands out, driving production and demand for automotive radiators in the region. According to market analysis, East Asia is expected to command a significant market share, reflecting the region's pivotal role in the automotive industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Automotive Radiator Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Engine Cooling Systems
        2. Heat Dissipation
        3. Vehicle Performance Optimization
        4. Increasing Vehicle Ownership
      2. Restraints
        1. Environmental Regulations
        2. Material Costs
        3. Technological Obsolescence
        4. Supply Chain Disruptions
      3. Opportunities
        1. Technological Advancements
        2. Increasing Vehicle Production
        3. Growing Demand for Electric Vehicles (EVs)
        4. Rising Adoption of Lightweight Materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Radiator Market, By Product Type, 2020 - 2030 (USD Million)
      1. Down-flow
      2. Cross-flow
    2. Global Automotive Radiator Market, By Application, 2020 - 2030 (USD Million)
      1. Passenger cars
      2. LCVs
      3. M&HCVs
    3. Global Automotive Radiator Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Valeo S.A.
      2. PWR Advanced Cooling Technology
      3. Calsonic Kansei Corporation
      4. Denso Corporation
      5. MAHLE GmbH
      6. Zhejiang Yinlun Machinery Co.
      7. Ltd, Sanden Holdings Corporation
      8. T.RAD Co., Ltd
      9. TYC Brothers Industrial Co. Ltd.
      10. Nissens A/S
      11. Modine Manufacturing Company
      12. Keihin Corporation and Banco Products (I) Ltd.
  7. Analyst Views
  8. Future Outlook of the Market