This market research report outlines the market forecast of the global automotive intercooler market until 2019. The research report details the market segmentation by air-to-air and air-to-water intercoolers. This report also provides market shares for APAC, Americas, and EMEA regions. The leading vendors in this market analyzed by this report include Bell Intercoolers, Forge, KALE Oto Radyator, Mishimoto, PWR, Modine Manufacturing, and Treadstone Performance Engineering.
Technavio has released its new market research report, global automotive intercooler market, which is expected to grow at a CAGR of 10% between 2015 and 2019. The growth of automotive intercoolers is directly impacted by developments in the turbocharger market as intercoolers play a vital role in cooling compressed air. The majority of automotive turbocharger sales are made by Germany, China, and the US. Developing countries such as Brazil and India are also witnessing a significant increase in the demand for automotive turbochargers.
“Of late, the automotive industry is shifting its focus towards the usage of indirect intercoolers. In these intercoolers, the hot air is cooled by the coolant and again re-cooled by ambient air in a distinct low-temperature coolant circuit. These types of intercoolers are mounted between the throttle valve and the compressor, hence close to the engine. These indirect intercoolers have compact designs and better cooling reserves,” says Siddarth Jaiswal, Lead Analyst, Automotive, Technavio Research.
Intercoolers reduce the air temperature and increase the engine’s output and performance. These components help reduce exhaust emissions to meet statutory limits. Additionally, intercoolers play a vital role in helping meet fuel economy standards by supplying the engine with adequate oxygen to maintain air to fuel ratio ensuring proper combustion.
The leading vendors in the global automotive intercooler market include Bell Intercoolers, Forge, KALE Oto Radyator, Mishimoto, PWR, Modine Manufacturing, and Treadstone Performance Engineering. The market is highly fragmented with the presence of many regional and local vendors in the market. The market vendors are focusing on designing and manufacturing new intercoolers to enhance the cooling process, which in turn will help in the proper combustion of the fuel, improving the fuel economy of the vehicles, and reducing the toxic carbon and NO2 emissions.
A more detailed analysis is available in the Technavio report, Global Automotive Intercooler Market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
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