The automotive charge air cooler market in Europe is expected to grow from US$ 680.99 million in 2022 to US$ 964.35 million by 2028. It is estimated to grow at a CAGR of 6.0% from 2022 to 2028.
Rise in penetration of turbochargers in passenger cars
The turbocharger helps to reduce the vehicle’s emissions. The use of turbochargers reduces the displacement volume of the cylinder, which reduces the volume of the fuel required for the same power, and thereby reducing the exhaust emissions of the vehicle. It also increases fuel efficiency. It is because of these reasons that have promoted the adoption of turbocharger technology mainly on passenger cars. Passenger cars with conventional fuel include diesel and gasoline engines. Emission regulations, especially those affecting diesel engines have accelerated the rate of integration with turbochargers. Long-term revenue growth opportunities in the automotive charge air cooler market have stemmed from the cutting-edge designs of turbochargers that can help customers meet upcoming emission standards. Recent developments confirm that turbochargers have gained from rapidly increasing use of the technology in diesel vehicles, thus improving the outlook of the automotive charge air cooler market. Stricter fuel economy regulations with significantly higher targets and strict restrictions on greenhouse gases that include carbon dioxide from engine exhaust emissions have spurred the shift of a performance segment towards a mainstream fuel-saving presence. This all above mentioned factors owe to the growth of automotive charge air cooler market.
Market Overview
Europe is segmented into Germany, France, Italy, the UK, Russia, and the rest of Europe. Nothing draws Europe closer together than its automobiles. Europe, widely acknowledged as the birthplace of the vehicle, has embraced the automobile not just as a means of economic progress and transportation, but also for leisure and entertainment over the decades. The road travelled by the car industry in the European Union (EU) may not have always been smooth in the latter half of the last century, but car production is one of the region’s “most enduring industrial activities,” according to the European Automobile Manufacturers’ Association, as other heavy industries have succumbed to competition from Asia and the United States (ACEA). According to the latest numbers from the ACEA, new passenger car registrations in Europe increased for the 31st month in a row, demonstrating that automobile manufacture and consumption is one of the most stable and resilient industries in the European Union. As a result of the aforementioned factors, Charge air cooler demand is expected to increase over the forecast period.
Europe Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Europe Automotive Charge Air Cooler Market Segmentation
The Europe automotive charge air cooler market is segmented into type, fuel type, core type, vehicle type, and country. Based on type, the market is segmented into air cooled charge air cooler and liquid cooled charge air cooler. The air cooled charge air cooler segment registered a larger market share in 2022.
Based on fuel type, the Europe automotive charge air cooler market is segmented into gasoline and diesel. The diesel segment registered a larger market share in 2022. Based on core type, the Europe automotive charge air cooler market is segmented into tube, fin, bar and plate. The fin segment registered the largest market share in 2022. Based on vehicle type, the Europe automotive charge air cooler market is segmented into passenger cars, LCV, trucks and buses. The passenger cars segment registered the largest market share in 2022. Based on country, the market is segmented into Germany, France, Italy, UK, Russia, and Rest of Europe. Rest of Europe dominated the market share in 2022. AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, T. RAD Co. Ltd., Valeo, and Vestas aircoil A/S are the leading companies operating in the automotive charge air cooler market in the region.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Automotive Charge Air Cooler Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Automotive Charge Air Cooler Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rise in penetration of turbochargers in passenger cars
5.1.2 Rise in demand for downsized engines
5.2 Market Restraints
5.2.1 Rising demand for electric vehicles
5.3 Market Opportunities
5.3.1 Implementation of fuel-efficient engines
5.4 Future Trends
5.4.1 3D printed water charge air cooler
5.5 Impact Analysis of Drivers and Restraints
6. Automotive Charge Air Cooler Market – Europe Analysis
6.1 Europe Automotive Charge Air Cooler Market Overview
6.2 Europe Automotive Charge Air Cooler Market Forecast and Analysis
7. Europe Automotive Charge Air Cooler Market Analysis – By Type
7.1 Overview
7.2 Europe Automotive Charge Air Cooler Market, By Type (2021 And 2028)
7.3 Air-cooled Charge Air Cooler
7.3.1 Overview
7.3.2 Air-cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
7.4 Liquid-Cooled Charge Air Cooler
7.4.1 Overview
7.4.2 Liquid-Cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
8. Europe Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Fuel Type
8.1 Overview
8.2 Europe Automotive Charge Air Cooler Market, By Fuel Type (2021 And 2028)
8.3 Gasoline
8.3.1 Overview
8.3.2 Gasoline: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
8.4 Diesel
8.4.1 Overview
8.4.2 Diesel: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
9. Europe Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Core Type
9.1 Overview
9.2 Europe Automotive Charge Air Cooler Market, By Core Type (2021 And 2028)
9.3 Tube
9.3.1 Overview
9.3.2 Tube: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
9.4 Fin
9.4.1 Overview
9.4.2 Fin: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
9.5 Bar
9.5.1 Overview
9.5.2 Bar: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
9.6 Plate
9.6.1 Overview
9.6.2 Plate: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
10. Europe Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Vehicle Type
10.1 Overview
10.2 Europe Automotive Charge Air Cooler Market, By Vehicle Type (2021 And 2028)
10.3 Passenger cars
10.3.1 Overview
10.3.2 Passenger cars: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
10.4 LCV
10.4.1 Overview
10.4.2 LCV: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
10.5 Trucks
10.5.1 Overview
10.5.2 Trucks: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
10.6 Buses
10.6.1 Overview
10.6.2 Buses: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)
11. Europe Automotive Charge Air Cooler Market – Country Analysis
11.1 Overview
11.1.1 Europe Automotive Charge Air Cooler Market Breakdown, by Country
11.1.1.1 Germany Automotive Charge Air Cooler Market, Revenue and Forecast to 2028
11.1.1.1.1 Germany Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.1.2 Germany Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.1.3 Germany Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.1.4 Germany Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.2 France Automotive Charge Air Cooler Market, Revenue and Forecast to 2028
11.1.1.2.1 France Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.2.2 France Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.2.3 France Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.2.4 France Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.3 Italy Automotive Charge Air Cooler Market, Revenue and Forecast to 2028
11.1.1.3.1 Italy Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.3.2 Italy Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.3.3 Italy Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.3.4 Italy Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.4 UK Automotive Charge Air Cooler Market, Revenue and Forecast to 2028
11.1.1.4.1 UK Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.4.2 UK Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.4.3 UK Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.4.4 UK Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.5 Russia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028
11.1.1.5.1 Russia Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.5.2 Russia Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.5.3 Russia Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.5.4 Russia Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.6 Rest of Europe Automotive Charge Air Cooler Market, Revenue and Forecast to 2028
11.1.1.6.1 Rest of Europe Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.6.2 Rest of Europe Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.6.3 Rest of Europe Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.6.4 Rest of Europe Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
13. Company Profiles
13.1 Dana Limited
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Delphi Technologies Plc (BORGWARNER INC.)
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 AKG Group
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Hanon Systems
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 DuPont.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mahle GmbH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Modine Manufacturing Company
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 T. RAD Co. Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Valeo
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Vestas aircoil A/S
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Automotive Charge Air Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Automotive Charge Air Cooler Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 3. Germany Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 4. Germany Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 5. Germany Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 6. Germany Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 7. France Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 8. France Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 9. France Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 10. France Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 11. Italy Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 12. Italy Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 13. Italy Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 14. Italy Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 15. UK Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 16. UK Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 17. UK Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 18. UK Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 19. Russia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 20. Russia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 21. Russia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 22. Russia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 23. Rest of Europe Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 24. Rest of Europe Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 25. Rest of Europe Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 26. Rest of Europe Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 27. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Automotive Charge Air Cooler Market Segmentation
Figure 2. Europe Automotive Charge Air Cooler Market Segmentation – By Country
Figure 3. Europe Automotive Charge Air Cooler Market Overview
Figure 4. Air-Cooled Charge Air Cooler Segment held the Largest Share of Automotive Charge Air Cooler Market
Figure 5. Rest of Europe to Show Great Traction During Forecast Period
Figure 6. Europe – PEST Analysis
Figure 7. Ecosystem Analysis: Automotive Charge Air Cooler Market
Figure 8. Expert Opinion
Figure 9. Europe Automotive Charge Air Cooler Market: Impact Analysis of Drivers and Restraints
Figure 10. Europe Automotive Charge Air Cooler Market Forecast and Analysis (US$ Million)
Figure 11. Europe Automotive Charge Air Cooler Market, By Type (2021 and 2028)
Figure 12. Europe Air-cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Liquid-Cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Automotive Charge Air Cooler Market, By Cell Type (2021 and 2028)
Figure 15. Europe Gasoline: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Diesel: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Automotive Charge Air Cooler Market, By Core Type (2021 and 2028)
Figure 18. Europe Tube: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Fin: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Bar: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Plate: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe Automotive Charge Air Cooler Market, By Vehicle Type (2021 and 2028)
Figure 23. Europe Passenger cars: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe LCV: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Europe Trucks: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Europe Buses: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Europe: Automotive Charge Air Cooler Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28. Europe Automotive Charge Air Cooler Market Breakdown, by Country, 2021 & 2028 (%)
Figure 29. Germany Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
Figure 30. France Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
Figure 31. Italy Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
Figure 32. UK Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
Figure 33. Russia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
Figure 34. Rest of Europe Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe automotive charge air cooler market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the Europe automotive charge air cooler market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the automotive charge air cooler market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The List of Companies – Europe Automotive Charge Air Cooler Market
● AKG Group
● Dana Limited
● Delphi Technologies Plc (BORGWARNER INC.)
● DuPont
● Hanon Systems
● Mahle GmbH
● Modine Manufacturing Company
● T. RAD Co. Ltd.
● Valeo
● Vestas aircoil A/S
At 6.0% CAGR, the Europe Automotive Charge Air Cooler Market is speculated to be worth US$ 964.35 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the Europe automotive charge air cooler market was valued at US$ 680.99 million in 2022 and is expected to reach US$ 964.35 million by 2028, registering an annual growth rate of 6.0% from 2022 to 2028. Rise in demand for downsized engines and rise in penetration of turbochargers in passenger cars are the critical factors attributed to the market expansion.
Shifting focus of countries towards fuel-efficient vehicles and government norms to promote fuel-efficient and environmental-friendly vehicles is driving the automotive charge air cooler market. Major automotive companies have been engaged in improving the existing engine technology through substantial R&D investments. This is likely to further boost the scope of improving performance and extending technology to a wide class of vehicle at a more compact size. Introduction of the standards is likely to act as a major opportunity for the adoption of charge air cooler technology.
On the contrary, rising demand for electric vehicles hurdles the growth of Europe automotive charge air cooler market.
Based on type, the Europe automotive charge air cooler market is segmented into air cooled charge air cooler and liquid cooled charge air cooler. The air cooled charge air cooler segment held 65.3% market share in 2022, amassing US$ 444.80 million. It is projected to garner US$ 604.45 million by 2028 to expand at 5.2% CAGR during 2022–2028. Based on fuel type, the Europe automotive charge air cooler market is segmented into gasoline and diesel. The diesel segment held 80.0% market share in 2022, amassing US$ 545.05 million. It is projected to garner US$ 757.78 million by 2028 to expand at 5.6% CAGR during 2022–2028. Based on core type, the Europe automotive charge air cooler market is segmented into tube, fin, bar and plate. The fin segment held 45.3% market share in 2022, amassing US$ 123.31 million. It is projected to garner US$ 192.97 million by 2028 to expand at 7.7% CAGR during 2022–2028. Based on vehicle type, the Europe automotive charge air cooler market is segmented into passenger cars, LCV, trucks and buses. The passenger cars segment held 47.3% market share in 2022, amassing US$ 322.10 million. It is projected to garner US$ 461.92 million by 2028 to expand at 6.2% CAGR during 2022–2028. Based on country, the Europe automotive charge air cooler market is segmented into Germany, France, Italy, UK, Russia, and Rest of Europe. Our regional analysis states that Rest of Europe captured 38.5% market share in 2022. It was assessed at US$ 262.21 million in 2022 and is likely to hit US$ 371.42 million by 2028, exhibiting a CAGR of 6.0% during the forecast period. Key players dominating the Europe automotive charge air cooler market are AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, T. RAD Co. Ltd., Valeo, and Vestas aircoil A/S among others.
In 2021, Dana Limited has announced that its Dana TM4 joint venture is establishing a new manufacturing facility in Åmål, Sweden which will initially produce electric motors for the mobility industry. This new operation will also help company to serve a broad range of automotive components to European customers. In 2022, Vestas aircoil A/S created a cooler with numerous mounted temperature sensors (thermocouples). According to the business, this is a tiny but crucial step in the effort to create digital twins of the coolers. The sensors, which are installed close to the coolers’ walls, will be utilized to assess both the local temperature distribution and our structural model.
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