Market Overview:
The global engine cooling system market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The engine cooling system market is segmented on the basis of type, application and region. On the basis of type, the radiator segment is expected to account for a major share of the global engine cooling system market in 2018. This can be attributed to increasing demand for passenger cars across the globe. The condenser/radiator fans segment is projected to register highest CAGR during the forecast period owing to increasing demand for commercial vehicles across regions. On the basis of application, passenger car segment dominates with maximum share in terms revenue contribution followed by LCV and HCV segments respectively during 2018-2030 timeframe . Passenger car applications are anticipated witness highest growth rate over next decade due stringent emission norms being implemented globally which will require more efficient engine cooling systems . Regionally , North America accounts for largest revenue share followed by Europe and Asia Pacific respectively in Engine Cooling System Market while MEA & LAC are expected exhibit highest CAGR over next decade .
Product Definition:
The engine cooling system is responsible for transferring heat away from the engine. This allows the engine to operate at a consistent temperature, which increases performance and fuel efficiency. The cooling system also protects the engine from damage due to overheating.
Radiators:
The radiator is an internal combustion engine cooling device. It is used to absorb the heat generated by the engine and prevent it from warming up the cabin of the vehicle. The radiators’ role in Engine Cooling System (ECS) has been evolving over time, owing to technological advancements and changing consumer demands.
Condenser/Radiator Fans:
The Condenser/Radiator fans are used to move the heat from the engine block to the radiator, and then back again. The working principle is simple - a fan draws air through the condenser and radiator, cooling both simultaneously.
The Condenser/Radiator Fan works in conjunction with an Air To Water Cooling System (ATWCS) or Air To Gasoline Cooling System (ATGCS).
Application Insights:
The passenger car segment accounted for the largest share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for passenger cars as a result of rapid urbanization, rising disposable income, and changing consumer preferences is anticipated to drive growth over the forecast period.
LCV application segment was valued at USD 1,227.5 million in 2017 owing to increasing utilization of LCVs across various end-use industries including construction, mining sites, agricultural fields among others which are projected to propel product demand globally Engine cooling system plays an important role in ensuring reliable and long-term operations of heavy commercial vehicles (HCVs). HCV manufacturers such as Daimler have been focusing on developing ecofriendly solutions such as engine oil regeneration which not only helps reduce fuel consumption but also increases overall vehicle life by up to 15%.
Regional Analysis:
The market in Asia Pacific is expected to grow at the highest rate over the forecast period. The growth can be attributed to rising automotive production and sales, coupled with increasing investments in R&D for developing advanced cooling systems. Furthermore, growing demand for passenger cars and commercial vehicles is anticipated to drive the regional market over the forecast period.
Europe accounted for a significant share of revenue in 2017 owing to high demand from several key markets including Germany, France, Italy, U.K., Spain as well as other Eastern European countries.
In North America also known as Dixie Zone or Smokey Zone region’s presence of Ford Motors Company; General Motors Company; Chrysler Group LLC;.
Growth Factors:
- Increasing demand for automobiles
- Technological advancements in the automotive industry
- Stringent emission norms by regulatory authorities
- Growing demand for luxury and performance cars
- Increasing popularity of hybrid and electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Engine Cooling System Market Research Report
By Type
Radiators, Condenser/Radiator Fans, Internal Heat Exchanger, Engine Coolant Pump and Modules, Others
By Application
Passenger Car, LCV, HCV
By Companies
HELLA, Schaeffler Group, BorgWarner, Behr, Delphi, Denso, Calsonic Kansei, Mahle, Modine, Visteon, Webasto, Sogefi, Midas, NRF, Stant
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Engine Cooling System Market Report Segments:
The global Engine Cooling System market is segmented on the basis of:
Types
Radiators, Condenser/Radiator Fans, Internal Heat Exchanger, Engine Coolant Pump and Modules, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, LCV, HCV
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- HELLA
- Schaeffler Group
- BorgWarner
- Behr
- Delphi
- Denso
- Calsonic Kansei
- Mahle
- Modine
- Visteon
- Webasto
- Sogefi
- Midas
- NRF
- Stant
Highlights of The Engine Cooling System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Radiators
- Condenser/Radiator Fans
- Internal Heat Exchanger
- Engine Coolant Pump and Modules
- Others
- By Application:
- Passenger Car
- LCV
- HCV
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Engine Cooling System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The engine cooling system is a series of hoses, radiators, and fans that are used to keep the engine cool. The system helps to prevent the engine from overheating and allows it to run more efficiently.
Some of the key players operating in the engine cooling system market are HELLA, Schaeffler Group, BorgWarner, Behr, Delphi, Denso, Calsonic Kansei, Mahle, Modine, Visteon, Webasto, Sogefi, Midas, NRF, Stant.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Engine Cooling System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Engine Cooling System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Engine Cooling System Market - Supply Chain
4.5. Global Engine Cooling System Market Forecast
4.5.1. Engine Cooling System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Engine Cooling System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Engine Cooling System Market Absolute $ Opportunity
5. Global Engine Cooling System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Engine Cooling System Market Size and Volume Forecast by Type
5.3.1. Radiators
5.3.2. Condenser/Radiator Fans
5.3.3. Internal Heat Exchanger
5.3.4. Engine Coolant Pump and Modules
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Engine Cooling System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Engine Cooling System Market Size and Volume Forecast by Application
6.3.1. Passenger Car
6.3.2. LCV
6.3.3. HCV
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Engine Cooling System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Engine Cooling System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Engine Cooling System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Engine Cooling System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Engine Cooling System Demand Share Forecast, 2019-2026
9. North America Engine Cooling System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Engine Cooling System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Engine Cooling System Market Size and Volume Forecast by Application
9.4.1. Passenger Car
9.4.2. LCV
9.4.3. HCV
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Engine Cooling System Market Size and Volume Forecast by Type
9.7.1. Radiators
9.7.2. Condenser/Radiator Fans
9.7.3. Internal Heat Exchanger
9.7.4. Engine Coolant Pump and Modules
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Engine Cooling System Demand Share Forecast, 2019-2026
10. Latin America Engine Cooling System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Engine Cooling System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Engine Cooling System Market Size and Volume Forecast by Application
10.4.1. Passenger Car
10.4.2. LCV
10.4.3. HCV
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Engine Cooling System Market Size and Volume Forecast by Type
10.7.1. Radiators
10.7.2. Condenser/Radiator Fans
10.7.3. Internal Heat Exchanger
10.7.4. Engine Coolant Pump and Modules
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Engine Cooling System Demand Share Forecast, 2019-2026
11. Europe Engine Cooling System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Engine Cooling System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Engine Cooling System Market Size and Volume Forecast by Application
11.4.1. Passenger Car
11.4.2. LCV
11.4.3. HCV
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Engine Cooling System Market Size and Volume Forecast by Type
11.7.1. Radiators
11.7.2. Condenser/Radiator Fans
11.7.3. Internal Heat Exchanger
11.7.4. Engine Coolant Pump and Mdules
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Engine Cooling System Demand Share, 2019-2026
12. Asia Pacific Engine Cooling System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Engine Cooling System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Engine Cooling System Market Size and Volume Forecast by Application
12.4.1. Passenger Car
12.4.2. LCV
12.4.3. HCV
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Engine Cooling System Market Size and Volume Forecast by Type
12.7.1. Radiators
12.7.2. Condenser/Radiator Fans
12.7.3. Internal Heat Exchanger
12.7.4. Engine Coolant Pump and Modules
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Engine Cooling System Demand Share, 2019-2026
13. Middle East & Africa Engine Cooling System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Engine Cooling System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Engine Cooling System Market Size and Volume Forecast by Application
13.4.1. Passenger Car
13.4.2. LCV
13.4.3. HCV
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Engine Cooling System Market Size and Volume Forecast by Type
13.7.1. Radiators
13.7.2. Condenser/Radiator Fans
13.7.3. Internal Heat Exchanger
13.7.4. Engine Coolant Pump and Modules
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Engine Cooling System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Engine Cooling System Market: Market Share Analysis
14.2. Engine Cooling System Distributors and Customers
14.3. Engine Cooling System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HELLA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Schaeffler Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BorgWarner
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Behr
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Delphi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Denso
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Calsonic Kansei
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mahle
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Modine
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Visteon
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Webasto
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sogefi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Midas
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. NRF
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Stant
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook