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 SAM is expected to grow from US$ 85.13 million in 2022 to US$ 97.28 million by 2028. It is estimated to grow at a CAGR of 2.2% from 2022 to 2028.
Rise in demand for downsized engines
Shifting focus of countries towards fuel-efficient vehicles and government norms to promote fuel-efficient and environmental-friendly vehicles is driving the automotive charge air cooler market. Major automotive companies have been engaged in improving the existing engine technology through substantial R&D investments. This is likely to further boost the scope of improving performance and extending technology to a wide class of vehicle at a more compact size. Introduction of the standards is likely to act as a major opportunity for the adoption of charge air cooler technology.
Market Overview
The COVID-19 pandemic impacted South America hard, an area characterized by terrible national politics, a lack of good education in some subregions, and widespread poverty in several countries. The region's automobile industry, which is heavily reliant on imports and exports for revenue, suffered a financial setback due to the global transportation stop. Due to national politics and social movements, South America, particularly Brazil and Argentina, had a massive cash infusion into the automotive industry from 2013 to 2015. Due to COVID-19, this cash inflow was suspended. With the global lockdown lifting, the industry aims to climb back up the ladder and move toward greater sustainability. Furthermore, regional market participants are collaborating to increase their market share in the region. For instance, the Brazilian Antitrust Authority approved the formation of a joint venture between Fras-le, a Randon Company, a manufacturer of friction material products, and Federal-Mogul Motorparts, a global manufacturer and distributor of quality automotive parts, on December 7, 2017. The joint venture will focus on manufacturing and distributing premium turbo engine products to original equipment vehicle manufacturers and aftermarket customers in the light vehicle markets in Brazil. The JURID do Brasil Sistemas Automotivos Ltda joint venture will begin operations on January 8, 2018. Fras-le will hold around 80% of the company, while Federal-Mogul Motorparts will own 19.9%. Hence, mergers and acquisitions of this kind are likely to increase the market in the region.
SAM Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
SAM Automotive Charge Air Cooler Market Segmentation
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 SAM 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 SAM 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 SAM 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 Brazil, Argentina, and Rest of SAM. South Africa dominated the market share in 2022.
AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, and Valeo are the leading companies operating in the automotive charge air cooler market in the region.
South America Automotive Charge Air Cooler Market Strategic Insights
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South America Automotive Charge Air Cooler Market Segmentation Analysis
South America Automotive Charge Air Cooler Market Report Highlights
South America Automotive Charge Air Cooler Report Scope
Report Attribute
Details
Market size in 2022
US$ 85.13 Million
Market Size by 2028
US$ 97.28 Million
CAGR (2022 - 2028)
2.2%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Type
Air-Cooled Charge Air Cooler
Liquid-Cooled Charge Air Cooler
By Fuel Type
Gasoline
Diesel
By Core Type
Tube
Fin
bar and Plate
By Vehicle Type
Passenger Cars
LCV
Trucks and Buses
Regions and Countries Covered
South and Central America
Brazil, Argentina, Rest of South and Central America
Market leaders and key company profiles
AKG Group
Dana Limited
Delphi Technologies Plc (BORGWARNER INC.)
DuPont
Hanon Systems
Mahle GmbH
Modine Manufacturing Company
Valeo
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South America Automotive Charge Air Cooler Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - South America Automotive Charge Air Cooler Market
AKG Group
Dana Limited
Delphi Technologies Plc (BORGWARNER INC.)
DuPont
Hanon Systems
Mahle GmbH
Modine Manufacturing Company
Valeo
Frequently Asked Questions
How big is the South America Automotive Charge Air Cooler Market?
The South America Automotive Charge Air Cooler Market is valued at US$ 85.13 Million in 2022, it is projected to reach US$ 97.28 Million by 2028.
What is the CAGR for South America Automotive Charge Air Cooler Market by (2022 - 2028)?
As per our report South America Automotive Charge Air Cooler Market, the market size is valued at US$ 85.13 Million in 2022, projecting it to reach US$ 97.28 Million by 2028. This translates to a CAGR of approximately 2.2% during the forecast period.
What segments are covered in this report?
The South America Automotive Charge Air Cooler Market report typically cover these key segments-
Type (Air-Cooled Charge Air Cooler, Liquid-Cooled Charge Air Cooler)
Fuel Type (Gasoline, Diesel)
Core Type (Tube, Fin, bar and Plate)
Vehicle Type (Passenger Cars, LCV, Trucks and Buses)
What is the historic period, base year, and forecast period taken for South America Automotive Charge Air Cooler Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Automotive Charge Air Cooler Market report:
Historic Period : 2020-2021
Base Year : 2022
Forecast Period : 2023-2028
Who are the major players in South America Automotive Charge Air Cooler Market?
The South America Automotive Charge Air Cooler Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
AKG Group
Dana Limited
Delphi Technologies Plc (BORGWARNER INC.)
DuPont
Hanon Systems
Mahle GmbH
Modine Manufacturing Company
Valeo
Who should buy this report?
The South America Automotive Charge Air Cooler Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the South America Automotive Charge Air Cooler Market value chain can benefit from the information contained in a comprehensive market report.
SAM Automotive Charge Air Cooler Market Segmentation 
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