Market Overview:
The global passenger vehicle radiator 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 vehicles across the globe. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. The global passenger vehicle radiator market is segmented on the basis of type, application and region. On the basis of type, it is divided into aluminum radiator and copper radiator segments. Aluminum radiators are more popular than copper radiators owing to their low weight and high heat dissipation capacity as compared to copper radiators. By application, it is classified into SUV, sedan and other segments. SUV segment dominates this market due to its growing popularity among consumers across different regions globally. Geographically, it is analyzed in North America, Latin America, Europe Asia Pacific (APAC) and Middle East & Africa (MEA).
Product Definition:
A radiator is a heat exchanger used to transfer thermal energy from one fluid to another for the purpose of cooling and heating. The fluids may be separated by a solid or liquid wall, allowing them to flow at different speeds. Radiators are often used in air conditioning systems, automotive engineering, and central heating.
Aluminum Radiator:
Aluminum radiator is a type of heat exchanger used in automotive engines to transfer heat from the engine block to the vehicle's interior. The aluminum radiator can be made as single or twin-block unit, which consists of two plates joined by a cross-beam. It offers better efficiency and performance compared to cast iron and steel radiators, hence increasing its usage in passenger vehicles.
Copper Radiator:
Copper radiator is a type of heat exchanger used in automotive applications to transfer heat from the engine block to the vehicle body. The copper used for making these products is usually recycled, as it has been observed that new copper exhibits high corrosion resistance properties when compared with new steel or aluminum.
The product also provides superior thermal capacity.
Application Insights:
Passenger cars accounted for a major share in the global radiator market, accounting for over 60.0% in 2017. The segment is expected to witness significant growth owing to increasing demand from countries such as India, China and Brazil where the automotive industry is growing rapidly. In addition, government initiatives such as ¢â‚¬Å“Make In India¢â‚¬ are likely to increase production of passenger vehicles which will further propel demand for radiators in the country.
The SUV segment is also expected to grow at a considerable rate over the forecast period due to rising disposable income and consumer preference towards luxury vehicles equipped with state-of-the-art technology features including entertainment systems.
Regional Analysis:
Asia Pacific passenger vehicle radiator market is anticipated to witness significant growth over the forecast period. The region accounted for a share of more than 30% in 2017 owing to the high demand from developing countries such as India and China. In addition, increasing automotive production in these regions coupled with rising disposable income will drive the market further.
Europe was estimated at USD X million in 2017 and is expected to grow at a CAGR of XX% over the forecast period on account of growing automobile industry coupled with stringent emission norms laid down by governments across Europe Union member states as well as federal level will drive demand for environment-friendly products which are aluminum radiators thereby driving growth over next eight years or so until 2030 when they are replaced by copper radiators again due to their superior performance characteristics along with lower weight thus making them cost effective than their counterparts made out of metal alloy namely steel.
Growth Factors:
- Increasing demand for passenger vehicles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in radiator manufacturing process 5. Growing awareness about the benefits of using passenger vehicle radiators
Scope Of The Report
Report Attributes
Report Details
Report Title
Passenger Vehicle Radiator Market Research Report
By Type
Aluminum Radiator, Copper Radiator
By Application
SUV, Sedan, Other
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Passenger Vehicle Radiator Market Report Segments:
The global Passenger 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
SUV, Sedan, Other
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 Passenger 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:
- SUV
- Sedan
- Other
- 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 Passenger 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
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- Understanding Competition Scenario
- Product & Brand Management
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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?
A passenger vehicle radiator is a component of an automobile that helps to keep the car cool. It is made up of a metal or plastic tank, fins, and pipes that are mounted in the front or rear of the car. The radiator uses hot air from the engine to help dissipate heat from the engine and cabin.
Some of the major players in the passenger 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.
The passenger vehicle radiator market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Passenger 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 Passenger Vehicle Radiator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Passenger 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 Passenger 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 Passenger Vehicle Radiator Market Size & Forecast, 2018-2028
4.5.1 Passenger Vehicle Radiator Market Size and Y-o-Y Growth
4.5.2 Passenger Vehicle Radiator Market Absolute $ Opportunity
Chapter 5 Global Passenger 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 Passenger 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 Passenger 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 Passenger Vehicle Radiator Market Size Forecast by Applications
6.2.1 SUV
6.2.2 Sedan
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Passenger 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 Passenger 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 Passenger Vehicle Radiator Analysis and Forecast
9.1 Introduction
9.2 North America Passenger 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 Passenger 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 Passenger Vehicle Radiator Market Size Forecast by Applications
9.10.1 SUV
9.10.2 Sedan
9.10.3 Other
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 Passenger Vehicle Radiator Analysis and Forecast
10.1 Introduction
10.2 Europe Passenger 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 Passenger 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 Passenger Vehicle Radiator Market Size Forecast by Applications
10.10.1 SUV
10.10.2 Sedan
10.10.3 Other
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 Passenger Vehicle Radiator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Passenger 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 Passenger 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 Passenger Vehicle Radiator Market Size Forecast by Applications
11.10.1 SUV
11.10.2 Sedan
11.10.3 Other
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 Passenger Vehicle Radiator Analysis and Forecast
12.1 Introduction
12.2 Latin America Passenger 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 Passenger 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 Passenger Vehicle Radiator Market Size Forecast by Applications
12.10.1 SUV
12.10.2 Sedan
12.10.3 Other
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) Passenger Vehicle Radiator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Passenger 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) Passenger 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) Passenger Vehicle Radiator Market Size Forecast by Applications
13.10.1 SUV
13.10.2 Sedan
13.10.3 Other
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 Passenger Vehicle Radiator Market: Competitive Dashboard
14.2 Global Passenger 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
