TechNavio recognizes the following companies as the key players in the Global Automotive Radiator Market: Denso Corp., Behr GmbH & Co. KG, Valeo SA, and Visteon Corp.
Commenting on the report, an analyst from TechNavio’s team said: “The increasing demand for radiators in hybrid powertrains is one of the trends in the Global Automotive Radiator market. Hybrid vehicles require additional low-temperature heat exchangers along with normal heat exchangers for regulated battery cooling. Automotive radiator vendors are focused on targeting this additional requirement, and they have introduced battery cooling systems. For instance, Behr supplies battery cooling systems for the Mercedes S400 BlueHYBRID. Other vendors are also in the process of providing battery cooling solutions for hybrid vehicles. Thus, the increasing demand for hybrid vehicles is leading to the growth of the Global Automotive Radiator market.”
According to the report, one of the major drivers in this market is the increasing demand for automotive heat exchangers. The demand for automotive heat exchangers has a direct and immediate positive effect on the growth of the Global Automotive Radiator market. Furthermore, the compliance with stringent emission norms is propelling the growth of the Global Automotive Radiator market.
Further, the report states that the increasing product complexity due to changing customer requirements and norms is one of the major challenges faced by this market. In addition, various issues related to the packaging of automotive radiators are affecting the growth of the Global Automotive Radiator 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 vendors. For further information on this report, please visit https://www.technavio.com/report/global-automotive-radiator-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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