Market Overview:
The global vehicle intercoolers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, factors such as stringent emission norms and rising fuel prices are also contributing to the growth of this market. The global vehicle intercoolers market is segmented on the basis of type, application, and region. On the basis of type, it is divided into air-to-air intercoolers and air-to-water intercoolers. Air-to-air intercoolers are more popular than air-to-water ones as they are less expensive and easier to install. However, water cooling systems offer better performance as compared to air cooling systems due to their higher heat transfer rates; thus they are gaining popularity in recent years. On the basis of application, it is classified into commercial vehicles and passenger vehicles segments respectively Commercial Vehicles include medium & heavy trucks whereas Passenger Vehicles include cars & SUVs).
Product Definition:
An intercooler is a device used to cool the air after it has been compressed by a turbocharger or supercharger. The cooler air can then be more densely packed into the engine, providing more power.
Air to Air Intercoolers:
Air to Air Intercoolers, also known as Cold Plates are used in vehicle intercoolers. They help in reducing heat loss and increase the efficiency of air to air cooler by allowing coolant to pass through more quickly from the core of the car where it is warmest to outside where it is cooler.
The basic principle on which these work is that when a car engine runs, hot gases come out.
Air to Water Intercoolers:
An air to water intercooler is a device that is used to reduce the temperature of air before it passes into a vehicle's engine. It does this by accepting outside air and cooling it down so that the temperature difference is reduced, thereby making the incoming air more dense and allowing better performance from the vehicle's engine.
Application Insights:
The commercial vehicles segment held the largest share of over 60.0% in 2017. The growth can be attributed to the rising demand for intercoolers in medium and heavy-duty commercial vehicles, such as trucks, busses and coaches. These vehicles are used on a daily basis by various customers, which include public transport authorities and private companies operating passenger services. As a result, these vehicle owners/operators prefer to use air to water intercoolers over other types as they offer better efficiency at lower costs than other products do.
Passenger vehicle owners also turn towards this technology owing to its low cost compared with that of alcohol based systems or electric based systems commonly used for heat reduction purposes inside cars or light commercial vehicles (LCVs).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to rising fuel prices, increasing pollution and greenhouse gas emissions, and growing demand for passenger cars. Rising disposable income in emerging countries such as India and China will also have a positive impact on market growth.
The European region accounted for more than 25% of the global revenue share in 2017 owing to stringent emission norms prescribed by regulatory bodies such as U.S Environmental Protection Agency (EPA) and Department for Transport (DfT). These norms are anticipated to force automotive manufacturers operating within Europe's borders to adopt intercoolers or face heavy penalties from regulatory authorities.
Growth Factors:
- Increasing demand for vehicles with high performance and fuel efficiency is driving the growth of the vehicle intercoolers market.
- The increasing popularity of turbocharged engines is also propelling the growth of this market.
- Stringent emission norms across different countries are prompting Original Equipment Manufacturers (OEMs) to install vehicle intercoolers in their vehicles, thereby driving the market growth.
- The growing demand for luxury cars and SUVs is also contributing to the expansion of this market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Intercoolers Market Research Report
By Type
Air to Air Intercoolers, Air to Water Intercoolers
By Application
Commercial Vehicles, Passenger Vehicles
By Companies
Bell Intercoolers, Forge, KALE Oto Radyator, Mishimoto, PWR, Modine Manufacturing, Treadstone Performance Engineering, Guangzhou Woshen Auto Radiator, JC Performance Parts, KVR International, Honeywell, Pace Products, ADRAD Group
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Intercoolers Market Report Segments:
The global Vehicle Intercoolers market is segmented on the basis of:
Types
Air to Air Intercoolers, Air to Water Intercoolers
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
Commercial Vehicles, Passenger 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:
- Bell Intercoolers
- Forge
- KALE Oto Radyator
- Mishimoto
- PWR
- Modine Manufacturing
- Treadstone Performance Engineering
- Guangzhou Woshen Auto Radiator
- JC Performance Parts
- KVR International
- Honeywell
- Pace Products
- ADRAD Group
Highlights of The Vehicle Intercoolers 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:
- Air to Air Intercoolers
- Air to Water Intercoolers
- By Application:
- Commercial Vehicles
- Passenger 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 Vehicle Intercoolers 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?
Vehicle intercoolers are devices that help to reduce the temperature of air entering and leaving a car's engine. This is important because hot air is less dense than cold air, and as a result, it takes up more space in the engine. This can cause problems with performance and fuel economy. By reducing the temperature of the incoming air, vehicle intercoolers can help to improve both aspects of performance.
Some of the major companies in the vehicle intercoolers market are Bell Intercoolers, Forge, KALE Oto Radyator, Mishimoto, PWR, Modine Manufacturing, Treadstone Performance Engineering, Guangzhou Woshen Auto Radiator, JC Performance Parts, KVR International, Honeywell, Pace Products, ADRAD Group.
The vehicle intercoolers 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 Vehicle Intercoolers 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 Vehicle Intercoolers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vehicle Intercoolers 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 Vehicle Intercoolers 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 Vehicle Intercoolers Market Size & Forecast, 2018-2028
4.5.1 Vehicle Intercoolers Market Size and Y-o-Y Growth
4.5.2 Vehicle Intercoolers Market Absolute $ Opportunity
Chapter 5 Global Vehicle Intercoolers 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 Vehicle Intercoolers Market Size Forecast by Type
5.2.1 Air to Air Intercoolers
5.2.2 Air to Water Intercoolers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vehicle Intercoolers 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 Vehicle Intercoolers Market Size Forecast by Applications
6.2.1 Commercial Vehicles
6.2.2 Passenger Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vehicle Intercoolers 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 Vehicle Intercoolers 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 Vehicle Intercoolers Analysis and Forecast
9.1 Introduction
9.2 North America Vehicle Intercoolers 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 Vehicle Intercoolers Market Size Forecast by Type
9.6.1 Air to Air Intercoolers
9.6.2 Air to Water Intercoolers
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 Vehicle Intercoolers Market Size Forecast by Applications
9.10.1 Commercial Vehicles
9.10.2 Passenger 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 Vehicle Intercoolers Analysis and Forecast
10.1 Introduction
10.2 Europe Vehicle Intercoolers 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 Vehicle Intercoolers Market Size Forecast by Type
10.6.1 Air to Air Intercoolers
10.6.2 Air to Water Intercoolers
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 Vehicle Intercoolers Market Size Forecast by Applications
10.10.1 Commercial Vehicles
10.10.2 Passenger 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 Vehicle Intercoolers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vehicle Intercoolers 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 Vehicle Intercoolers Market Size Forecast by Type
11.6.1 Air to Air Intercoolers
11.6.2 Air to Water Intercoolers
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 Vehicle Intercoolers Market Size Forecast by Applications
11.10.1 Commercial Vehicles
11.10.2 Passenger 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 Vehicle Intercoolers Analysis and Forecast
12.1 Introduction
12.2 Latin America Vehicle Intercoolers 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 Vehicle Intercoolers Market Size Forecast by Type
12.6.1 Air to Air Intercoolers
12.6.2 Air to Water Intercoolers
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 Vehicle Intercoolers Market Size Forecast by Applications
12.10.1 Commercial Vehicles
12.10.2 Passenger 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) Vehicle Intercoolers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vehicle Intercoolers 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) Vehicle Intercoolers Market Size Forecast by Type
13.6.1 Air to Air Intercoolers
13.6.2 Air to Water Intercoolers
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) Vehicle Intercoolers Market Size Forecast by Applications
13.10.1 Commercial Vehicles
13.10.2 Passenger 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 Vehicle Intercoolers Market: Competitive Dashboard
14.2 Global Vehicle Intercoolers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bell Intercoolers
14.3.2 Forge
14.3.3 KALE Oto Radyator
14.3.4 Mishimoto
14.3.5 PWR
14.3.6 Modine Manufacturing
14.3.7 Treadstone Performance Engineering
14.3.8 Guangzhou Woshen Auto Radiator
14.3.9 JC Performance Parts
14.3.10 KVR International
14.3.11 Honeywell
14.3.12 Pace Products
14.3.13 ADRAD Group
