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(I-AutoNewsWire.com, December 21, 2018 )
Stratview Research has published a new research report on Automotive Charge Air Cooler (CAC) Market. This extensive 230-page report by Stratview Research analyses the growth of Automotive Charge Air Cooler (CAC) Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023 under the following segments -
• By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- & Heavy-Duty Commercial Vehicle)
• By Product Type (Air-Cooled Charge Air Cooler, Liquid-Cooled Charge Air Cooler)
• By Position Type (Standalone CAC, Integrated CAC)
• By Fuel Type (Gasoline Vehicles, Diesel Vehicles)
• By Region (North America, Europe, Asia-Pacific, Rest of the World)
Go through the detailed scope: https://www.stratviewresearch.com/toc/339/Charge-Air-Cooler-Market.html
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Get a free sample of the report: https://www.stratviewresearch.com/toc/339/Charge-Air-Cooler-Market.html
Increasing usage of charge air coolers in automotive industry
The global automotive charge air cooler market is projected to offer an impressive growth opportunity and is likely to reach US$ 3,110.8 million in 2023. Organic growth in the automobile production owing to increasing disposable income and growing urbanization; strict government regulations regarding carbon emission reductions and fuel efficiency enhancements, such as CAFÉ Standards; and increasing penetration of turbochargers are some of the major growth drivers of charge air coolers in the automotive industry.
The automotive industry is undergoing the most potentially disruptive decade where stringent government regulations regarding carbon emission reductions and fuel efficiency enhancements are generating an enormous pressure on automakers. Automakers are unraveling it by finding distinct ways. Engine downsizing is one of the prime approaches for achieving such industry needs. It makes engine hotter but makes the engine more powerful and efficient and provides an impetuous growth in the demand for turbochargers in vehicles. This creates a need for effective cooling of charged air through charge air cooler (CAC) (also known as an intercooler).
Top market players
The supply chain of this market comprises raw material suppliers, charge air cooler manufacturers, system suppliers, automotive OEMs, and dealers. Major automotive charge air cooler manufacturers are Calsonic Kansei Corporation, Denso Corporation, Dana Incorporated, Hanon Systems Mahle GmbH, T.RAD Co., Ltd., and Valeo Group. Development of integrated charge air coolers and formation of strategic alliances with OEMs and turbocharger suppliers are the key strategies adopted by the major players to gain a competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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