Market Overview:
The global automotive coolant control valves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, the growing awareness about vehicle safety and fuel efficiency is also propelling the demand for automotive coolant control valves. The global automotive coolant control valves market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into 2 ports, 3 ports, 4 ports, 5 ports segments respectively. The passenger car segment is anticipated to hold a major share in terms of revenue in 2018 owing to rising disposable income levels and changing consumer preferences towards luxury cars with enhanced features & functions across different regions such as North America Asia Pacific etcetera .
Product Definition:
An automotive coolant control valve is a component of the cooling system that helps regulate the flow of coolant to the engine. The valve is typically opened or closed by means of a thermostat, which responds to changes in temperature in order to maintain a consistent engine temperature. The automotive coolant control valve helps ensure that the engine receives an adequate supply ofcoolant, which helps keep it from overheating.
2 Ports:
2 ports is a term used for the connection of two devices or two systems. It can be used in automotive cooling system where there are two ways to connect thermostat and coolant temperature sensor. The most common usage of this 2-ports is seen in car wash machines, where there are usually three hoses namely cold, hot & neutral which come out from the machine and go towards engine block.
3 Ports:
3 ports and it's usage in automotive coolant control valves market is used to monitor the temperature of engine block, turbocharger and exhaust gas. The third port is used to monitor the intake air temperature which helps in maintaining appropriate engine operating temperatures. It also helps in preventing damage due to overheating of the engine components. These devices are compact, lightweight and consume less power compared to traditional systems making them highly efficient for use in automobiles that have a high power requirement from their engines.
Application Insights:
Passenger cars application segment led the global automotive coolant control valves market and accounted for more than 60.0% share of the overall revenue in 2017. The growth can be attributed to increasing demand for passenger cars from a middle-class population which has increased significantly over the past few years owing to easy access to loans at low interest rates, especially in emerging economies such as India and China. This trend is expected to continue over the forecast period thus driving demand for passenger cars across various regions including North America, Europe, Asia Pacific and Latin America.
The commercial vehicles application segment is anticipated witness significant growth during the forecast period owing to rising use of commercial vehicles such as trucks, buses among others which are used on a daily basis by consumers globally.
Regional Analysis:
Asia Pacific region is anticipated to witness the highest CAGR of XX% during the forecast period, owing to rapid industrialization and increasing per capita income in emerging economies such as China and India. Furthermore, rising demand for passenger cars in these countries coupled with stringent government regulations regarding fuel emissions are expected to drive the market growth over the forecast period.
Europe accounted for a significant share of global revenue in 2017 due to early adoption of advanced automotive technologies across major countries such as Germany and France. However, strict emission norms implemented by governments across European Union member states may hamper market growth during the forecast period.
Growth Factors:
- Increasing demand for automobiles: The global automotive industry is growing at a rapid pace. This is expected to drive the demand for automotive coolant control valves in the coming years.
- Technological advancements: Automotive coolant control valves are becoming more sophisticated with each passing day, owing to technological advancements. This is likely to boost their demand in the near future.
- Rising awareness about vehicle safety: There has been a rise in awareness about vehicle safety among consumers in recent years, which is likely to fuel the demand for automotive coolant control valves in the coming years.
- Growing popularity of electric vehicles: Electric vehicles are gaining popularity across the globe due to their environment-friendly nature and other benefits such as low running costs and easy maintenance requirements .This is expected to create opportunities for growth of the global automotive coolant control valves market during the forecast period . 5) Stringent emission norms worldwide : Stringent emission norms have been introduced by various governments aroundthe worldin an attemptto reduce air pollution levels .Thisisexpectedtostimulatethegrowthoftheglobalautomotivecoolantcontrolvalvesmarketduringtheforecastperiod
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Coolant Control Valves Market Research Report
By Type
2 Ports, 3 Ports, 4 Ports, 5 Ports
By Application
Passenger Cars, Commercial Vehicles
By Companies
Rheinmetall Automotive, Bosch, Vitesco Technologies, Rotex Automation, INZI Controls
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Coolant Control Valves Market Report Segments:
The global Automotive Coolant Control Valves market is segmented on the basis of:
Types
2 Ports, 3 Ports, 4 Ports, 5 Ports
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 Cars, Commercial Vehicles
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:
- Rheinmetall Automotive
- Bosch
- Vitesco Technologies
- Rotex Automation
- INZI Controls
Highlights of The Automotive Coolant Control Valves 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:
- 2 Ports
- 3 Ports
- 4 Ports
- 5 Ports
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 Automotive Coolant Control Valves 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.
How you may use our products:
- 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?
Automotive coolant control valves are used to regulate the flow of coolant in an engine. When the engine is running, these valves open and allow more coolant to flow into the engine. This helps keep the engine temperature consistent and prevents it from overheating.
Some of the key players operating in the automotive coolant control valves market are Rheinmetall Automotive, Bosch, Vitesco Technologies, Rotex Automation, INZI Controls.
The automotive coolant control valves market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Coolant Control Valves Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive Coolant Control Valves Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Coolant Control Valves Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive Coolant Control Valves Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive Coolant Control Valves Market Size & Forecast, 2020-2028 4.5.1 Automotive Coolant Control Valves Market Size and Y-o-Y Growth 4.5.2 Automotive Coolant Control Valves Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 2 Ports
5.2.2 3 Ports
5.2.3 4 Ports
5.2.4 5 Ports
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Coolant Control Valves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Coolant Control Valves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 2 Ports
9.6.2 3 Ports
9.6.3 4 Ports
9.6.4 5 Ports
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 2 Ports
10.6.2 3 Ports
10.6.3 4 Ports
10.6.4 5 Ports
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 2 Ports
11.6.2 3 Ports
11.6.3 4 Ports
11.6.4 5 Ports
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 2 Ports
12.6.2 3 Ports
12.6.3 4 Ports
12.6.4 5 Ports
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 2 Ports
13.6.2 3 Ports
13.6.3 4 Ports
13.6.4 5 Ports
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Coolant Control Valves Market: Competitive Dashboard
14.2 Global Automotive Coolant Control Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rheinmetall Automotive
14.3.2 Bosch
14.3.3 Vitesco Technologies
14.3.4 Rotex Automation
14.3.5 INZI Controls