TechNavio today launched its report Global Automotive Heat Exchanger Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers and understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Automotive team said; ”Recently, the Global Automotive market is regularly introducing technological innovations, and heat exchanger vendors have to continually innovate to match these advancements and to stay competitive in the market. As a result of the increasing demand for sleeker and more powerful vehicles, automakers rely on the R&D strength of the suppliers to modify designs and develop solutions that weigh less, increase heat transfer efficiency and are yet smaller in size. Automakers are also seeking new ways to reduce fuel consumption, which is increasing the adoption of small heat exchangers.”
According to the report, developed markets are expected to grow at a moderate pace, and it is estimated that they will achieve their pre-recession levels of sales by 2015. As the demand for automotive heat exchangers is linked to the sale of new vehicles, this resurgence in the growth of automobile sales is expected to encourage the growth of the Global Automotive Heat Exchanger market.
Further, the report also discusses that keeping pace with the increasing product complexity while managing costs is a key challenge faced by the vendors in this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-automotive-heat-exchanger-market…
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TechNavio Announces the Publication of its Report – Global Automotive Heat Exchanger Market 2011-2015
