Market Overview:
The global new energy vehicle radiator market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for new energy vehicles across the globe. In terms of type, the aluminum radiator segment is expected to dominate the global new energy vehicle radiator market during the forecast period. This can be attributed to its high heat dissipation capacity and low weight as compared to copper radiators. In terms of application, BEVs are expected to account for a major share of the global new energy vehicle radiator market during the forecast period.
Product Definition:
A radiator is a heat exchanger that transfers thermal energy from one fluid to another for the purpose of cooling. The fluids may be separated by physical barriers or they may be in direct contact. New Energy Vehicle Radiator is used to cool electric vehicles and hybrids.
Aluminum Radiator:
Aluminum radiator is a closed-loop system, which recycles the heat energy from the engine to generate electricity. The aluminum radiator works as an efficient heat exchanger by transferring heat from one place to another without any loss of energy. It also helps in increasing the vehicle's range and efficiency by reducing fuel consumption and improving thermal management.
The global aluminum radiator market size was valued at USD 1,867 million in 2016.
Copper Radiator:
Copper radiator is a closed-loop system made up of copper tubing. It has high thermal capacity and can transfer heat energy from one place to another with ease. The main function of the copper radiator is to provide resistance to electricity, so that no damage occurs in the electric components due to rise in temperature.
Application Insights:
The battery electric vehicle (BEV) application segment accounted for the largest revenue share of over 60% in 2017. The growing demand for Electric Vehicles (EVs) is expected to be a major factor driving the radiator market over the forecast period. Countries such as China, U.S., and Norway are focusing on increasing their production capacities for Electric Vehicles to meet with the growing demand globally. This is anticipated to drive product demand in near future.
The Plug-in Hybrid Vehicle (PHEV) application segment is projected register a CAGR of XX% from 2018 to 2030 owing to various benefits offered by these vehicles including improved fuel economy, reduced emissions, and increased range compared with conventional gasoline-powered cars.
Regional Analysis:
Asia Pacific regional market accounted for the largest share of global revenue in 2017. The region is expected to maintain its lead over the forecast period owing to increasing government initiatives and investments in new energy vehicles, which are manufactured primarily in China. In addition, favorable policies such as tax incentives and financial aids are anticipated to boost sales of electric cars across this region. For instance, under a scheme initiated by the Government of India Electric Vehicles (EV) Policy 2016 was introduced with an aim to propel sale of electric vehicles across this country.
Europe is also expected to witness significant growth over the next eight years owing both demand side.
Growth Factors:
- Increasing demand for electric and hybrid vehicles: The global market for electric and hybrid vehicles is expected to grow at a CAGR of more than 14% from 2016 to 2020. This will lead to an increase in the demand for New Energy Vehicle Radiators.
- Technological advancements: The development of new technologies such as aluminum alloys, copper alloys, and plastic radiators has led to the increased adoption of New Energy Vehicle Radiators by automakers.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the world in a bid to reduce pollution levels. This is leading to an increase in the demand for New Energy Vehicle Radiators as they help improve fuel efficiency and reduce emissions levels significantly.
- Rising awareness about energy conservation: There is a growing awareness among consumers about the importance of conserving energy resources, which is driving them towards purchasing cars that have low emissions levels such as electric and hybrid cars powered by New Energy Vehicle Radiators . 5) Growing popularity of luxury cars: The popularity of luxury cars is increasing globally, especially in developing countries such as China and India . This is leading to an increase in the demand for high-end car models that come equipped with advanced features such asNewEnergyVehicleRadiators
Scope Of The Report
Report Attributes
Report Details
Report Title
New Energy Vehicle Radiator Market Research Report
By Type
Aluminum Radiator, Copper Radiator
By Application
BEV, PHEV
By Companies
DENSO, Valeo, Hanon Systems, Calsonic Kansei, Sanden, Delphi, Mahle, T.RAD, Modine, DANA, Nanning Baling, South Air, Shandong Pilot, Tata, Weifang Hengan, YINLUN, Shandong Tongchuang, Qingdao Toyo
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global New Energy Vehicle Radiator Market Report Segments:
The global New Energy Vehicle Radiator market is segmented on the basis of:
Types
Aluminum Radiator, Copper Radiator
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
BEV, PHEV
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:
- DENSO
- Valeo
- Hanon Systems
- Calsonic Kansei
- Sanden
- Delphi
- Mahle
- T.RAD
- Modine
- DANA
- Nanning Baling
- South Air
- Shandong Pilot
- Tata
- Weifang Hengan
- YINLUN
- Shandong Tongchuang
- Qingdao Toyo
Highlights of The New Energy Vehicle Radiator 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:
- Aluminum Radiator
- Copper Radiator
- By Application:
- BEV
- PHEV
- 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 New Energy Vehicle Radiator 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
- Channel & Customer Management
- 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?
A radiator is a device used to transfer heat from one object to another. In automotive engineering, a radiator is often used in conjunction with an engine to dissipate the heat generated by the engine. A new energy vehicle radiator typically uses advanced materials and manufacturing processes that allow for greater thermal efficiency and improved performance.
Some of the major companies in the new energy vehicle radiator market are DENSO, Valeo, Hanon Systems, Calsonic Kansei, Sanden, Delphi, Mahle, T.RAD, Modine, DANA, Nanning Baling, South Air, Shandong Pilot, Tata, Weifang Hengan, YINLUN, Shandong Tongchuang, Qingdao Toyo.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 New Energy Vehicle Radiator 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 New Energy Vehicle Radiator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 New Energy Vehicle Radiator 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 New Energy Vehicle Radiator 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 New Energy Vehicle Radiator Market Size & Forecast, 2018-2028
4.5.1 New Energy Vehicle Radiator Market Size and Y-o-Y Growth
4.5.2 New Energy Vehicle Radiator Market Absolute $ Opportunity
Chapter 5 Global New Energy Vehicle Radiator 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 New Energy Vehicle Radiator Market Size Forecast by Type
5.2.1 Aluminum Radiator
5.2.2 Copper Radiator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global New Energy Vehicle Radiator 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 New Energy Vehicle Radiator Market Size Forecast by Applications
6.2.1 BEV
6.2.2 PHEV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global New Energy Vehicle Radiator 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 New Energy Vehicle Radiator 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 New Energy Vehicle Radiator Analysis and Forecast
9.1 Introduction
9.2 North America New Energy Vehicle Radiator 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 New Energy Vehicle Radiator Market Size Forecast by Type
9.6.1 Aluminum Radiator
9.6.2 Copper Radiator
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 New Energy Vehicle Radiator Market Size Forecast by Applications
9.10.1 BEV
9.10.2 PHEV
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 New Energy Vehicle Radiator Analysis and Forecast
10.1 Introduction
10.2 Europe New Energy Vehicle Radiator 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 New Energy Vehicle Radiator Market Size Forecast by Type
10.6.1 Aluminum Radiator
10.6.2 Copper Radiator
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 New Energy Vehicle Radiator Market Size Forecast by Applications
10.10.1 BEV
10.10.2 PHEV
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 New Energy Vehicle Radiator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific New Energy Vehicle Radiator 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 New Energy Vehicle Radiator Market Size Forecast by Type
11.6.1 Aluminum Radiator
11.6.2 Copper Radiator
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 New Energy Vehicle Radiator Market Size Forecast by Applications
11.10.1 BEV
11.10.2 PHEV
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 New Energy Vehicle Radiator Analysis and Forecast
12.1 Introduction
12.2 Latin America New Energy Vehicle Radiator 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 New Energy Vehicle Radiator Market Size Forecast by Type
12.6.1 Aluminum Radiator
12.6.2 Copper Radiator
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 New Energy Vehicle Radiator Market Size Forecast by Applications
12.10.1 BEV
12.10.2 PHEV
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) New Energy Vehicle Radiator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) New Energy Vehicle Radiator 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) New Energy Vehicle Radiator Market Size Forecast by Type
13.6.1 Aluminum Radiator
13.6.2 Copper Radiator
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) New Energy Vehicle Radiator Market Size Forecast by Applications
13.10.1 BEV
13.10.2 PHEV
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 New Energy Vehicle Radiator Market: Competitive Dashboard
14.2 Global New Energy Vehicle Radiator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DENSO
14.3.2 Valeo
14.3.3 Hanon Systems
14.3.4 Calsonic Kansei
14.3.5 Sanden
14.3.6 Delphi
14.3.7 Mahle
14.3.8 T.RAD
14.3.9 Modine
14.3.10 DANA
14.3.11 Nanning Baling
14.3.12 South Air
14.3.13 Shandong Pilot
14.3.14 Tata
14.3.15 Weifang Hengan
14.3.16 YINLUN
14.3.17 Shandong Tongchuang
14.3.18 Qingdao Toyo
