North America Automotive Charge Air Cooler Market Forecast to 2028 - COVID-19 Impact and Regional Analysis ByType (Air-Cooled Charge Air Cooler and Liquid-Cooled Charge Air Cooler), Fuel Type (Gasoline and Diesel), Core Type (Tube, Fin, bar and Plate), and Vehicle Type (Passenger Cars, LCV, Trucks and Buses)
The automotive charge air cooler market in North America is expected to grow from US$ 534.26 million in 2022 to US$ 731.72 million by 2028. It is estimated to grow at a CAGR of 5.4% from 2022 to 2028.
3D printed water charge air cooler
The 3D printed charge air cooler is scalable, configurable, and ultra-efficient that outperforms other leading charge air coolers for the racing and premium automotive markets. Technology company Conflux has launched a 3D printed product, the Charge Air Cooler (WCAC), which uses water as the cooling medium. In addition to its performance advantages, Conflux WCAC can also be customized according to customer requirements in terms of performance, size and installation. The Conflux’s charge air cooler has a 15% reduction in core volume, a 24% reduction in air side pressure drop, and an 82% reduction in cooling hydraulic pressure at the same heat exchange level. Wet mass is reduced by 39% and dry weight is reduced by 31%. However, with the launch of its WCAC, the company has announced a significant shift from a traditional service-driven model, to a product-driven one, in a step it considers to be the first in an ongoing productization strategy. These all advantages of 3D printed water charge air coolers will propel the demand for automotive charge air cooler across the region.
Market Overview
North America automotive charge air cooler market is segmented into major economies such as the US, Canada, and Mexico. North America is one of the prominent regions for the automotive charge air cooler market vendors owing to the robust automotive industry. In 2020, North America produced approximately 13.4 million automobiles. The United States produced over 8.8 million vehicles, while Mexico and Canada combined produced only about 4.6 million. Like many other industrial industries in the region, vehicle production has slowed in recent years due to rising production costs, shifting supply chains, and stoppages connected to the coronavirus outbreak. However, the free trade agreement between Canada, the United States, and Mexico has a long list of critics, the pact has opened up the flow of goods and capital across North America, which is now critical to the automotive industry's supply chain. The new ""United States–Mexico–Canada Agreement,"" agreed upon in October 2018, stipulates those rules of origin (ROO) for automobiles be followed, with 75 percent of the finished vehicle's value coming from inside the regulated region a 12.5 percent increase. Hence, increasing production of automobiles across the region is anticipated to propel the market over the forecast period.
North America Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
The North America automotive charge air cooler market is segmented into type, fuel type, core type, vehicle type, and country. Based on type, the market is segmented into air cooled charge air cooler and liquid cooled charge air cooler. The air cooled charge air cooler segment registered a larger market share in 2022.
Based on fuel type, the North America automotive charge air cooler market is segmented into gasoline and diesel. The diesel segment registered a larger market share in 2022. Based on core type, the North America automotive charge air cooler market is segmented into tube, fin, bar and plate. The fin segment registered the largest market share in 2022. Based on vehicle type, the North America automotive charge air cooler market is segmented into passenger cars, LCV, trucks and buses. The passenger cars segment registered the largest market share in 2022. Based on country, the market is segmented into US, Canada, and Mexico. US dominated the market share in 2022. AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, T. RAD Co. Ltd., Valeo, and Vestas aircoil A/S are the leading companies operating in the automotive charge air cooler market in the region.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Automotive Charge Air Cooler Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Automotive Charge Air Cooler Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rise in penetration of turbochargers in passenger cars
5.1.2 Rise in demand for downsized engines
5.2 Market Restraints
5.2.1 Rising demand for electric vehicles
5.3 Market Opportunities
5.3.1 Implementation of fuel-efficient engines
5.4 Future Trends
5.4.1 3D printed water charge air cooler
5.5 Impact Analysis of Drivers and Restraints
6. Automotive Charge Air Cooler Market – North America Analysis
6.1 North America Automotive Charge Air Cooler Market Overview
6.2 North America Automotive Charge Air Cooler Market Forecast and Analysis
7. North America Automotive Charge Air Cooler Market Analysis – By Type
7.1 Overview
7.2 North America Automotive Charge Air Cooler Market, By Type (2021 And 2028)
7.3 Air-cooled Charge Air Cooler
7.3.1 Overview
7.3.2 Air-cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
7.4 Liquid-Cooled Charge Air Cooler
7.4.1 Overview
7.4.2 Liquid-Cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
8. North America Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Fuel Type
8.1 Overview
8.2 North America Automotive Charge Air Cooler Market, By Fuel Type (2021 And 2028)
8.3 Gasoline
8.3.1 Overview
8.3.2 Gasoline: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
8.4 Diesel
8.4.1 Overview
8.4.2 Diesel: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
9. North America Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Core Type
9.1 Overview
9.2 North America Automotive Charge Air Cooler Market, By Core Type (2021 And 2028)
9.3 Tube
9.3.1 Overview
9.3.2 Tube: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
9.4 Fin
9.4.1 Overview
9.4.2 Fin: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
9.5 Bar
9.5.1 Overview
9.5.2 Bar: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
9.6 Plate
9.6.1 Overview
9.6.2 Plate: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
10. North America Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Vehicle Type
10.1 Overview
10.2 North America Automotive Charge Air Cooler Market, By Vehicle Type (2021 And 2028)
10.3 Passenger cars
10.3.1 Overview
10.3.2 Passenger cars: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
10.4 LCV
10.4.1 Overview
10.4.2 LCV: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
10.5 Trucks
10.5.1 Overview
10.5.2 Trucks: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
10.6 Buses
10.6.1 Overview
10.6.2 Buses: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
11. North America Automotive Charge Air Cooler Market – Country Analysis
11.1 Overview
11.1.1 North America Automotive Charge Air Cooler Market Breakdown, by Country
11.1.1.1 US Automotive Charge Air Cooler Market, Revenue and Forecast to 2028
11.1.1.1.1 US Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.1.2 US Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.1.3 US Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.1.4 US Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.2 Canada Automotive Charge Air Cooler Market, Revenue and Forecast to 2028
11.1.1.2.1 Canada Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.2.2 Canada Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.2.3 Canada Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.2.4 Canada Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.3 Mexico Automotive Charge Air Cooler Market, Revenue and Forecast to 2028
11.1.1.3.1 Mexico Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.3.2 Mexico Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.3.3 Mexico Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.3.4 Mexico Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
13. Company Profiles
13.1 Dana Limited
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Delphi Technologies Plc (BORGWARNER INC.)
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 AKG Group
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Hanon Systems
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 DuPont.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mahle GmbH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Modine Manufacturing Company
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 T. RAD Co. Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Valeo
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Vestas aircoil A/S
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Automotive Charge Air Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Automotive Charge Air Cooler Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 3. US Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 4. US Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 5. US Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 6. US Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 7. Canada Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 8. Canada Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 9. Canada Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 10. Canada Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 11. Mexico Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 12. Mexico Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 13. Mexico Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 14. Mexico Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Automotive Charge Air Cooler Market Segmentation
Figure 2. North America Automotive Charge Air Cooler Market Segmentation – By Country
Figure 3. North America Automotive Charge Air Cooler Market Overview
Figure 4. Air-Cooled Charge Air Cooler Segment held the Largest Share of Automotive Charge Air Cooler Market
Figure 5. US to Show Great Traction During Forecast Period
Figure 6. North America– PEST Analysis
Figure 7. Ecosystem Analysis: Automotive Charge Air Cooler Market
Figure 8. Expert Opinion
Figure 9. North America Automotive Charge Air Cooler Market: Impact Analysis of Drivers and Restraints
Figure 10. North America Automotive Charge Air Cooler Market Forecast and Analysis (US$ Million)
Figure 11. North America Automotive Charge Air Cooler Market, By Type (2021 and 2028)
Figure 12. North America Air-cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Liquid-Cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Automotive Charge Air Cooler Market, By Fuel Type (2021 and 2028)
Figure 15. North America Gasoline: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Diesel: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Automotive Charge Air Cooler Market, By Core Type (2021 and 2028)
Figure 18. North America Tube: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Fin: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Bar: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Plate: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Automotive Charge Air Cooler Market, By Vehicle Type (2021 and 2028)
Figure 23. North America Passenger cars: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America LCV: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Trucks: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America Buses: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America: Automotive Charge Air Cooler Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28. North America Automotive Charge Air Cooler Market Breakdown, by Country, 2021 & 2028 (%)
Figure 29. US Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
Figure 30. Canada Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
Figure 31. Mexico Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
- AKG Group
- Dana Limited
- Delphi Technologies Plc (BORGWARNER INC.)
- DuPont
- Hanon Systems
- Mahle GmbH
- Modine Manufacturing Company
- T. RAD Co. Ltd.
- Valeo
- Vestas aircoil A/S
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America automotive charge air cooler market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America automotive charge air cooler market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the automotive charge air cooler market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution