Market Overview:
The global automotive engine cooling module market is estimated to be valued at US$ XX Mn in 2018 and is projected to grow at a CAGR of YY% over the forecast period 2018-2030, to reach US$XX Mn by 2030. The radiator segment is expected to account for the majority share of the global automotive engine cooling module market in terms of value, followed by condenser and fan system modules. Passenger cars are anticipated to be the largest application segment for automotive engine cooling modules during the forecast period. Asia Pacific is expected to be the fastest growing region for automotive engine cooling modules during 2018-2030. Some of the key factors driving growth of global automotive engine cooling module market include increasing demand for passenger cars, stringent emission norms across regions, and rising demand from emerging markets such as China and India.
Product Definition:
An automotive engine cooling module is a device that helps to keep the engine cool while it is running. It does this by circulating coolant through the engine and then returning it to the radiator where it can be cooled off. This helps to prevent the engine from overheating, which could damage or even destroy it.
Radiator, Condenser and Fan System Module:
The radiator, condenser and fan system module is a device that is used to control the temperature of an automotive engine. The growth factor in this market has been largely influenced by factors such as growing demand for automobiles globally, technological advancements in engine cooling systems and awareness among consumers regarding vehicle maintenance.
Radiator and Condenser Module:
The radiator and condenser module is used to decrease the temperature of engine coolant. The automotive cooling system includes a condenser, expansion tank, water pump, thermostat housing and gaskets along with various hoses and cables that keep the engine block cool. The radiator helps in keeping the vehicle's temperature balance by absorbing heat from the vehicle's interior when it is turned off or parked in a sun-filled spot.
Application Insights:
Passenger cars application segment led the global automotive engine cooling module market in 2017, accounting for more than 60.0% share of the overall revenue. The demand for passenger cars is generally higher in summer months as compared to winter months across various regions including North America and Europe. This trend is likely to continue over the forecast period owing to increasing disposable income levels among consumers, especially in emerging economies such as China and India.
The commercial vehicles application segment is expected witness significant growth over the forecast period due to rising demand from construction industries across various regions including Asia Pacific and Middle East & Africa on account of increased infrastructure spending by governments at both federal and state levels coupled with growing emphasis on energy efficiency within commercial vehicle manufacturers are some of the factors that are projected to boost product demand over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of the total revenue in 2017 owing to high demand from developing countries such as India, China, and Japan. Moreover, increasing automotive production coupled with rising vehicle sales is anticipated to drive regional growth over the forecast period.
Europe was estimated at USD X million in 2017 and is projected to expand at a CAGR of XX% during the forecast years on account of growing automobile production mainly due to increased investments by OEMs along with favorable government policies regarding energy efficiency improvement associated with electric vehicles (EVs).
Growth Factors:
- Increasing demand for vehicles: The global automotive industry is growing at a rapid pace, owing to the increasing demand for passenger cars and commercial vehicles. This is expected to drive the growth of the automotive engine cooling module market in the coming years.
- Technological advancements: The automotive engine cooling module market is witnessing significant technological advancements, with manufacturers introducing new and innovative products in order to meet the changing needs of consumers. This is likely to boost the growth of this market in the near future.
- Rising fuel prices: The increasing price of fuel has led consumers towards purchasing more fuel-efficient vehicles, which has resulted in an increase in sales of hybrid and electric cars globally. This is anticipated to create lucrative opportunities for players operating in the automotive engine cooling module market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Engine Cooling Module Market Research Report
By Type
Radiator, Condenser and Fan System Module, Radiator and Condenser Module
By Application
Passenger Cars, Commercial Vehicles
By Companies
Anand Automotive Limited (India), Denso (Japan), erae Automotive Systems (Korea), Hanon Systems (Korea), Mahle (Germany), Matix (Japan), Modine Manufacturing (USA), SANKYO RADIATOR (Japan), Valeo (France), Anand Automotive Limited (India)
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Engine Cooling Module Market Report Segments:
The global Automotive Engine Cooling Module market is segmented on the basis of:
Types
Radiator, Condenser and Fan System Module, Radiator and Condenser Module
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:
- Anand Automotive Limited (India)
- Denso (Japan)
- erae Automotive Systems (Korea)
- Hanon Systems (Korea)
- Mahle (Germany)
- Matix (Japan)
- Modine Manufacturing (USA)
- SANKYO RADIATOR (Japan)
- Valeo (France)
- Anand Automotive Limited (India)
Highlights of The Automotive Engine Cooling Module 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:
- Radiator, Condenser and Fan System Module
- Radiator and Condenser Module
- 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 Engine Cooling Module 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
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?
An automotive engine cooling module is a component of an engine that helps to keep the engine cool. It may be made up of a number of different parts, including fans, heat exchangers, and radiators.
Some of the key players operating in the automotive engine cooling module market are Anand Automotive Limited (India), Denso (Japan), erae Automotive Systems (Korea), Hanon Systems (Korea), Mahle (Germany), Matix (Japan), Modine Manufacturing (USA), SANKYO RADIATOR (Japan), Valeo (France), Anand Automotive Limited (India).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Engine Cooling Module 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 Engine Cooling Module Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Engine Cooling Module 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 Engine Cooling Module 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 Engine Cooling Module Market Size & Forecast, 2018-2028 4.5.1 Automotive Engine Cooling Module Market Size and Y-o-Y Growth 4.5.2 Automotive Engine Cooling Module Market Absolute $ Opportunity
Chapter 5 Global Automotive Engine Cooling Module 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 Automotive Engine Cooling Module Market Size Forecast by Type
5.2.1 Radiator
5.2.2 Condenser and Fan System Module
5.2.3 Radiator and Condenser Module
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Engine Cooling Module 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 Automotive Engine Cooling Module 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 Engine Cooling Module 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 Engine Cooling Module 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 Automotive Engine Cooling Module Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Engine Cooling Module 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 Automotive Engine Cooling Module Market Size Forecast by Type
9.6.1 Radiator
9.6.2 Condenser and Fan System Module
9.6.3 Radiator and Condenser Module
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 Automotive Engine Cooling Module 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 Automotive Engine Cooling Module Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Engine Cooling Module 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 Automotive Engine Cooling Module Market Size Forecast by Type
10.6.1 Radiator
10.6.2 Condenser and Fan System Module
10.6.3 Radiator and Condenser Module
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 Automotive Engine Cooling Module 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 Automotive Engine Cooling Module Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Engine Cooling Module 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 Automotive Engine Cooling Module Market Size Forecast by Type
11.6.1 Radiator
11.6.2 Condenser and Fan System Module
11.6.3 Radiator and Condenser Module
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 Automotive Engine Cooling Module 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 Automotive Engine Cooling Module Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Engine Cooling Module 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 Automotive Engine Cooling Module Market Size Forecast by Type
12.6.1 Radiator
12.6.2 Condenser and Fan System Module
12.6.3 Radiator and Condenser Module
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 Automotive Engine Cooling Module 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) Automotive Engine Cooling Module Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Engine Cooling Module 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) Automotive Engine Cooling Module Market Size Forecast by Type
13.6.1 Radiator
13.6.2 Condenser and Fan System Module
13.6.3 Radiator and Condenser Module
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) Automotive Engine Cooling Module 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 Engine Cooling Module Market: Competitive Dashboard
14.2 Global Automotive Engine Cooling Module Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anand Automotive Limited (India)
14.3.2 Denso (Japan)
14.3.3 erae Automotive Systems (Korea)
14.3.4 Hanon Systems (Korea)
14.3.5 Mahle (Germany)
14.3.6 Matix (Japan)
14.3.7 Modine Manufacturing (USA)
14.3.8 SANKYO RADIATOR (Japan)
14.3.9 Valeo (France)
14.3.10 Anand Automotive Limited (India)