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Middle East & Africa Automotive Charge Air Cooler Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – Type (Air-Cooled Charge Air Cooler and Liquid-Cooled Charge Air Cooler), Fuel Type (Gasoline and Diesel), Core Type (Tube, Fin, bar and Plate), and Vehicle Type (Passenger Cars, LCV, Trucks and Buses)
- Report Code : BMIRE00027423
- Pages : 119
The automotive charge air cooler market in MEA is expected to grow from US$ 121.29 million in 2022 to US$ 152.27 million by 2028. It is estimated to grow at a CAGR of 3.9% from 2022 to 2028.
Implementation of fuel-efficient engines
The constant search to reduce fuel consumption and reduced exhaust emissions has constantly resulted in engine development. In particular, the tendency to reduce the size of high efficiency motors has led to a continuous increase in the specific component loads. With the replacement of large displacement engines with small, turbocharged engines, the requirement for thermal management has also evolved. Thus, an increasingly important position in the development process of high-performance engines has fueled the demand for charge air coolers as well. Fuel efficiency depends on many parameters of a vehicle, including engine specifications, aerodynamic drag, weight, AC usage, fuel and rolling resistance. There have been advances in all areas of vehicle design over the past few decades. Fuel efficiency of vehicles can also be improved by careful maintenance and driving habits. Hybrid vehicles use two or more energy sources for propulsion. In many designs, a small combustion engine is combined with electric motors. Kinetic energy lost due to heat during braking is recovered as electrical power to improve fuel efficiency. Engines automatically stops when the vehicle come to a stop and start again when the accelerator is pressed preventing wasted energy from idling. These factors provide lucrative opportunity for the growth of automotive charge air cooler market.
Market Overview
The major leading countries, such as Saudi Arabia, Kuwait, and Qatar, dominate the demand for the automotive charge air cooler market. The automotive charge air cooler market in the Middle East & Africa is expected to grow at a significant CAGR during the forecast period. The sale of vehicles has increased steadily in recent years in the Middle East & Africa region, growing at an estimated 36%, with Saudi Arabia as the leading market in the region. Notably, in 2020, Saudi Arabia accounted for almost 52% of total vehicle sales in the Gulf Cooperation Council (GCC) and 35% in the Middle East & North Africa region. Strategic initiatives and development plans to modernize the automotive industry and drive national transformation have enticed several charge air cooler manufacturers to establish the business in the region. For instance, TMD Friction, one of the world’s leading brake technology companies, has created a representative office in Dubai. The new office, located in the Dubai Airport Freezone, marks a significant turning point: from here, the whole aftermarket business for the Middle East and Africa will be managed. With a specialized portfolio, the goal is to build new markets in the region.
MEA Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
MEA Automotive Charge Air Cooler Market Segmentation
The MEA 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 MEA 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 MEA 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 MEA 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 South Africa, Saudi Arabia, UAE, and Rest of MEA. South Africa dominated the market share in 2022. AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, and Valeo 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. MEA Automotive Charge Air Cooler Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA 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 – MEA Analysis
6.1 MEA Automotive Charge Air Cooler Market Overview
6.2 MEA Automotive Charge Air Cooler Market Forecast and Analysis
7. MEA Automotive Charge Air Cooler Market Analysis – By Type
7.1 Overview
7.2 MEA 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. MEA Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Fuel Type
8.1 Overview
8.2 MEA 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. MEA Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Core Type
9.1 Overview
9.2 MEA 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. MEA Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Vehicle Type
10.1 Overview
10.2 MEA 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. MEA Automotive Charge Air Cooler Market – Country Analysis
11.1 Overview
11.1.1 MEA Automotive Charge Air Cooler Market Breakdown, By Country
11.1.1.1 South Africa Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 South Africa Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.1.2 South Africa Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.1.3 South Africa Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.1.4 South Africa Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.2 Saudi Arabia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Saudi Arabia Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.2.2 Saudi Arabia Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.2.3 Saudi Arabia Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.2.4 Saudi Arabia Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.3 UAE Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 UAE Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.3.2 UAE Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.3.3 UAE Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.3.4 UAE Automotive Charge Air Cooler Market Breakdown, By Vehicle Type
11.1.1.4 Rest of MEA Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA Automotive Charge Air Cooler Market Breakdown, By Type
11.1.1.4.2 Rest of MEA Automotive Charge Air Cooler Market Breakdown, By Fuel Type
11.1.1.4.3 Rest of MEA Automotive Charge Air Cooler Market Breakdown, By Core Type
11.1.1.4.4 Rest of MEA 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 Valeo
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
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. MEA Automotive Charge Air Cooler Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. MEA Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Country (US$ Million)
Table 3. South Africa Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 4. South Africa Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 5. South Africa Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 6. South Africa Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 7. Saudi Arabia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 8. Saudi Arabia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 9. Saudi Arabia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 10. Saudi Arabia Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 11. UAE Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 12. UAE Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 13. UAE Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 14. UAE Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 15. Rest of MEA Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 16. Rest of MEA Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)
Table 17. Rest of MEA Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)
Table 18. Rest of MEA Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)
Table 19. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Automotive Charge Air Cooler Market Segmentation
Figure 2. MEA Automotive Charge Air Cooler Market Segmentation – By Country
Figure 3. MEA 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. South Africa to Show Great Traction During Forecast Period
Figure 6. Middle East & Africa – PEST Analysis
Figure 7. Ecosystem Analysis: Automotive Charge Air Cooler Market
Figure 8. Expert Opinion
Figure 9. MEA Automotive Charge Air Cooler Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA Automotive Charge Air Cooler Market Forecast and Analysis (US$ Million)
Figure 11. MEA Automotive Charge Air Cooler Market, By Type (2021 and 2028)
Figure 12. MEA Air-cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Liquid-Cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Automotive Charge Air Cooler Market, By Fuel Type (2021 and 2028)
Figure 15. MEA Gasoline: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA Diesel: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Automotive Charge Air Cooler Market, By Core Type (2021 and 2028)
Figure 18. MEA Tube: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Fin: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Bar: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. MEA Plate: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Automotive Charge Air Cooler Market, By Vehicle Type (2021 and 2028)
Figure 23. MEA Passenger cars: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. MEA LCV: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. MEA Trucks: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. MEA Buses: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. MEA: Automotive Charge Air Cooler Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28. MEA Automotive Charge Air Cooler Market Breakdown, By Country, 2021 & 2028 (%)
Figure 29. South Africa Automotive Charge Air Cooler Market, Revenue and Forecast To 2028 (US$ Million)
Figure 30. Saudi Arabia Automotive Charge Air Cooler Market, Revenue and Forecast To 2028 (US$ Million)
Figure 31. UAE Automotive Charge Air Cooler Market, Revenue and Forecast To 2028 (US$ Million)
Figure 32. Rest of MEA 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 MEA 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 MEA 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 MEA 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 – Middle East & Africa Automotive Charge Air Cooler Market
● AKG Group
● Dana Limited
● Delphi Technologies Plc (BORGWARNER INC.)
● DuPont
● Hanon Systems
● Mahle GmbH
● Modine Manufacturing Company
● Valeo
At 3.9% CAGR, the MEA Automotive Charge Air Cooler Market is speculated to be worth US$ 152.27 million by 2028, says The Insight Partners
According to The Insight Partners’ research, the MEA automotive charge air cooler market was valued at US$ 121.29 million in 2022 and is expected to reach US$ 152.27 million by 2028, registering an annual growth rate of 3.9% from 2022 to 2028. 3D printed water charge air cooler and implementation of fuel-efficient engines are the critical factors attributed to the market expansion.
The 3D printed charge air cooler is scalable, configurable, and ultra-efficient that outperforms other leading charge air coolers for the racing and premium automotive markets. Technology company Conflux has launched a 3D printed product, the Charge Air Cooler (WCAC), which uses water as the cooling medium. In addition to its performance advantages, Conflux WCAC can also be customized according to customer requirements in terms of performance, size and installation. The Conflux’s charge air cooler has a 15% reduction in core volume, a 24% reduction in air side pressure drop, and an 82% reduction in cooling hydraulic pressure at the same heat exchange level. Wet mass is reduced by 39% and dry weight is reduced by 31%. However, with the launch of its WCAC, the company has announced a significant shift from a traditional service-driven model, to a product-driven one, in a step it considers to be the first in an ongoing productization strategy. These all advantages of 3D printed water charge air coolers will propel the demand for automotive charge air cooler across the region.
On the contrary, rising demand for electric vehicles hurdles the growth of MEA automotive charge air cooler market.
Based on type, the MEA 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 66.0% market share in 2022, amassing US$ 80.11 million. It is projected to garner US$ 96.54 million by 2028 to expand at 3.2% CAGR during 2022–2028. Based on fuel type, the MEA automotive charge air cooler market is segmented into gasoline and diesel. The diesel segment held 80.7% market share in 2022, amassing US$ 97.92 million. It is projected to garner US$ 120.71 million by 2028 to expand at 3.5% CAGR during 2022–2028. Based on core type, the MEA automotive charge air cooler market is segmented into tube, fin, bar and plate. The fin segment held 45.6% market share in 2022, amassing US$ 55.33 million. It is projected to garner US$ 67.32 million by 2028 to expand at 6.4% CAGR during 2022–2028. Based on vehicle type, the MEA automotive charge air cooler market is segmented into passenger cars, LCV, trucks and buses. The passenger cars segment held 47.2% market share in 2022, amassing US$ 57.22 million. It is projected to garner US$ 72.37 million by 2028 to expand at 4.0% CAGR during 2022–2028. Based on country, the MEA automotive charge air cooler market is segmented South Africa, Saudi Arabia, UAE, and Rest of MEA. Our regional analysis states that South Africa captured 44.4% market share in 2022. It was assessed at US$ 53.83 million in 2022 and is likely to hit US$ 70.04 million by 2028, exhibiting a CAGR of 4.5% during the forecast period. Key players dominating the MEA automotive charge air cooler market are AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, and Valeo among others.
In 2020, BorgWarner Inc. has announced that it has completed its acquisition of Delphi Technologies. This merger of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities and scale, and also aftermarket business. 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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