Market Overview:
The global automotive engine cooling parts 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%. The market growth can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. The radiator segment is expected to account for a major share of the global automotive engine cooling parts market during the forecast period. This can be attributed to its ability to dissipate heat from an engine quickly. The water pump segment is projected to register highest CAGR over the forecast period owing to increase in demand for automobiles with better fuel efficiency and performance. In terms of application, passenger cars are expected dominate the global automotive engine cooling parts market during 2018-2030 followed by commercial vehicles.
Product Definition:
An automotive engine cooling system is a series of components that work together to remove heat from the engine. The most important parts of an engine cooling system are the radiator, water pump, thermostat and fan.
Radiators:
The radiators are used to transfer heat from the engine to the vehicle's interior. The growth factor in this market is increasing demand for larger capacity and more efficient cooling systems. Radiators are widely used in automotive, heavy trucks, construction equipment and farming machinery among others. They help maintain optimum temperature of the engine which helps increase its life & performance as well as prevent overheating & ensure safety of driver & passengers.
Water Pumps:
Water pumps are used to move water from one place to another. It is basically a mechanical device that uses the principle of displacement to transfer water from a lower reservoir through an impeller and returns it into an upper reservoir at a higher pressure. The pump’s main components include impeller, vane or blade, casing, and seals.
Application Insights:
Passenger cars accounted for the largest share of over 60.0% in 2017 and are expected to continue their dominance over the forecast period. The growing demand for passenger vehicles in emerging economies, owing to increasing disposable income levels and rapid urbanization is expected to remain a key factor driving growth. Furthermore, stringent government regulations regarding vehicle emissions are anticipated to further fuel market growth from 2018 to 2030.
Commercial vehicles also accounted for a significant share of more than 40.0% in 2017 due largely on account of heavy-duty applications such as trucks, buses.
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 product demand further.
The Asia Pacific regional market was followed by Europe which accounted for a share of more than 20% in terms of revenue in 2017 on account of growing automobile production mainly due to factors such as favorable government policies regarding investments and industrial development along with increasing R&D activities related to automotive technologies are driving this industry growth across this region. North America also had significant contribution towards overall industry growth owing to presence major players operating within this region along with continuous technological advancements implemented within vehicles manufactured by these companies will fuel the demand further over next eight years till 2030 AD (Year-on-Year Growth).
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 engine cooling parts in the coming years.
- Technological advancements: Automotive engine cooling parts are witnessing significant technological advancements, which is resulting in better performance and efficiency. This is likely to boost the market growth in the near future.
- Rising awareness about vehicle safety: There has been a rise in awareness among consumers about vehicle safety features and components over the past few years, which is benefiting the automotive engine cooling parts market growth significantly.
- Growing popularity of hybrid and electric vehicles: The popularity of hybrid and electric vehicles is increasing rapidly across the globe due to their fuel efficiency and low emissions levels as compared to traditional gasoline-powered vehicles, thereby propelling demand for automotive engine cooling parts globally over time period.. 5) Stringent emission norms by regulatory authorities: Stringent emission norms by regulatory authorities are compelling automakers to equip their vehicles with advanced engine cooling systems, thereby driving market growth during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Engine Cooling Parts Market Research Report
By Type
Radiators, Water Pumps, Radiator Hoses, Thermostats, Others
By Application
Passenger Cars, Commercial Vehicles
By Companies
Bosch (Germany), Magna International (Canada), Faurecia (France), BorgWarner (USA), Furukawa Electric (Japan), NOK (Japan), Aisin Group (China), MANN+HUMMEL (Germany), Roechling (Germany), Aisan Industry (Japan), Bosch (Germany), Tata AutoComp Systems (India), Shanghai Cosmopolitan Automobile Accessory (China)
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Engine Cooling Parts Market Report Segments:
The global Automotive Engine Cooling Parts market is segmented on the basis of:
Types
Radiators, Water Pumps, Radiator Hoses, Thermostats, 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 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:
- Bosch (Germany)
- Magna International (Canada)
- Faurecia (France)
- BorgWarner (USA)
- Furukawa Electric (Japan)
- NOK (Japan)
- Aisin Group (China)
- MANN+HUMMEL (Germany)
- Roechling (Germany)
- Aisan Industry (Japan)
- Bosch (Germany)
- Tata AutoComp Systems (India)
- Shanghai Cosmopolitan Automobile Accessory (China)
Highlights of The Automotive Engine Cooling Parts 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
- Water Pumps
- Radiator Hoses
- Thermostats
- Others
- 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 Parts 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
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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 engine cooling parts are components that help keep the engine running at a safe temperature. These parts include fans, hoses, and other devices.
Some of the major players in the automotive engine cooling parts market are Bosch (Germany), Magna International (Canada), Faurecia (France), BorgWarner (USA), Furukawa Electric (Japan), NOK (Japan), Aisin Group (China), MANN+HUMMEL (Germany), Roechling (Germany), Aisan Industry (Japan), Bosch (Germany), Tata AutoComp Systems (India), Shanghai Cosmopolitan Automobile Accessory (China).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Engine Cooling Parts 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 Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Engine Cooling Parts 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 Parts 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 Parts Market Size & Forecast, 2018-2028
4.5.1 Automotive Engine Cooling Parts Market Size and Y-o-Y Growth
4.5.2 Automotive Engine Cooling Parts Market Absolute $ Opportunity
Chapter 5 Global Automotive Engine Cooling Parts 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 Parts Market Size Forecast by Type
5.2.1 Radiators
5.2.2 Water Pumps
5.2.3 Radiator Hoses
5.2.4 Thermostats
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Engine Cooling Parts 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 Parts 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 Parts 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 Parts 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 Parts Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Engine Cooling Parts 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 Parts Market Size Forecast by Type
9.6.1 Radiators
9.6.2 Water Pumps
9.6.3 Radiator Hoses
9.6.4 Thermostats
9.6.5 Others
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 Parts 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 Parts Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Engine Cooling Parts 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 Parts Market Size Forecast by Type
10.6.1 Radiators
10.6.2 Water Pumps
10.6.3 Radiator Hoses
10.6.4 Thermostats
10.6.5 Others
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 Parts 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 Parts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Engine Cooling Parts 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 Parts Market Size Forecast by Type
11.6.1 Radiators
11.6.2 Water Pumps
11.6.3 Radiator Hoses
11.6.4 Thermostats
11.6.5 Others
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 Parts 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 Parts Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Engine Cooling Parts 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 Parts Market Size Forecast by Type
12.6.1 Radiators
12.6.2 Water Pumps
12.6.3 Radiator Hoses
12.6.4 Thermostats
12.6.5 Others
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 Parts 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 Parts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Engine Cooling Parts 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 Parts Market Size Forecast by Type
13.6.1 Radiators
13.6.2 Water Pumps
13.6.3 Radiator Hoses
13.6.4 Thermostats
13.6.5 Others
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 Parts 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 Parts Market: Competitive Dashboard
14.2 Global Automotive Engine Cooling Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch (Germany)
14.3.2 Magna International (Canada)
14.3.3 Faurecia (France)
14.3.4 BorgWarner (USA)
14.3.5 Furukawa Electric (Japan)
14.3.6 NOK (Japan)
14.3.7 Aisin Group (China)
14.3.8 MANN+HUMMEL (Germany)
14.3.9 Roechling (Germany)
14.3.10 Aisan Industry (Japan)
14.3.11 Bosch (Germany)
14.3.12 Tata AutoComp Systems (India)
14.3.13 Shanghai Cosmopolitan Automobile Accessory (China)
