Global Automotive Intercooler Market

Automotive Intercooler Market Size, Share, Growth Analysis, By Type(Air to Air Intercooler, Water to Air Intercooler), By Design Type(Front Mounted Intercooler, Top Mounted Intercooler), By Vehicle Type(Passenger Cars, Light Commercial Vehicles) - Industry Forecast 2024-2031

Report ID: SQMIG25A2274 | Region: Global | Published Date: March, 2024
Pages: 221 | Tables: 89 | Figures: 71

Automotive Intercooler Market News

  • In June 2022, Conflux Technology, a leading provider of heat exchangers, announced the launch of its new 3D-printed automotive water charge air cooler. The product was compatible with almost all types of high-end automotive designs available at the time.
  • In September 2021, Mahindra, a leading automotive manufacturer based in India recalled its XUV300 diesel models citing an issue with the intercooler hose of the vehicle.
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Automotive Intercooler Market size was valued at USD 10.9 billion in 2022 and is poised to grow from USD 11.45 billion in 2023 to USD 16.97 billion by 2031, growing at a CAGR of 5.04% in the forecast period (2024-2031).

Automotive intercooler manufacturers invest in the research and development of new products that provide more efficient cooling. Companies also integrate new and advanced cooling technologies to create innovative new automotive intercoolers for different types of vehicles. Automotive intercooler market players also collaborate and partner with different automotive companies to create specialized products for different types of engines and vehicles. Automotive intercooler manufacturers focus on cost optimization by investing in localized manufacturing facilities. 'Bell Intercoolers', 'Forge Motorsport Inc.', 'PT Toyota-Astra Motor (TAM)', 'PWR Holdings Ltd', 'Kale Oto Radyator', 'Toyota', 'Mishimoto', 'PWR', 'Ford', 'Modine Manufacturing', 'Garrett Motion Inc.', 'Nismo Motorsports International', 'JC Performance Parts', 'Treadstone Performance Engineer', 'KVR International'

Emphasis on Fuel Efficiency

Adoption of Advanced Manufacturing Practices: Automotive intercooler companies can opt for additive manufacturing, industrial 3D printing, and other types of manufacturing techniques to improve productivity. Deployment of advanced techniques could also result in the creation of affordable products that could help companies maximize their profit margins in the future.

North America accounts for the majority of automotive intercooler sales in the world and this can be attributed to the surging demand for efficient vehicles in this region. Presence of strict emission regulations is also a key factor that is promoting the adoption of automotive intercoolers in this region. The United States and Canada are top markets for automotive intercooler companies looking to make a mark in this region. Growing sales of passenger cars and commercial vehicles in this region are also estimated to contribute to the high market share of North America.

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Global Automotive Intercooler Market

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