Global Automotive Charge Air Cooler Market Share Is Expected To Grow From US$ 2.94 billion In 2022 To US$ 4.22 billion By 2030; The Automotive Charge Air Cooler Market Size Is Estimated To Grow At A CAGR Of 6.2% From 2023 To 2030.

Automotive Charge Air Cooler Market Overview:

Automotive charge air coolers are typically used in turbos to cool the compressed air before it enters the consumption manifold or combustion chamber. The air compressed by the charger has a relatively high temperature, which in turn lowers the strength of the air, making oxygen less available during combustion. The primary use of a charge air cooler is to lower the air temperature, thereby increasing the air density, consequently reducing emissions and increasing the engine efficiency of the vehicle.

Growing demand for fuel-efficient vehicles amid increasing concerns about emissions to minimize carbon emissions is expected to further fuel the market growth. Increasing production of passenger vehicles in developing countries such as China, Mexico, Indonesia, India and Brazil. Growing consumption power and increasing availability of auto loans are expected to drive the market growth.

The efficiency of the charge-air cooler can have a big effect on how much pollution the engine puts out. Nitrogen Oxides (NOx) are made when a diesel engine runs at high temperatures and burns fuel. By making the air coming into the combustion chamber cooler, the charge air cooler also cuts NOx emissions by a lot. An automobile charge air cooler, also called a "intercooler," is used in turbocharged engines to lower the temperature of the air going into the engine from the turbocharger. This makes the air more dense, which increases the engine's power and efficiency. This benefit is especially important for high-performance engines, which need a big amount of air to work well. Also, the colder air makes it less likely that the engine will knock, which can happen when the compression ratio is too high.

However, electric vehicles do not use automotive charge air coolers, which is expected to hamper the market growth. Moreover, rising fuel prices and environmental awareness are making people in North America and Europe opting to purchase electric vehicles, which in turn restrains the growth of the market.

Key Market Updates:

• In November 2021, Dana Limited announced that the Dana TM4 joint venture will open a new manufacturing facility in Omal, Sweden, to initially produce electric motors for the mobility industry. This new operation will also help the company offer a wide range of auto parts to its European customers.
• In October 2020, BorgWarner Inc. announced that it had completed the acquisition of Delphi Technologies. The merger between BorgWarner and Delphi Technologies is expected to strengthen BorgWarner's electronics and power electronics products, capabilities and scale, as well as its aftermarket business.

Major Market Segments Covered in Automotive Charge Air Cooler Market Industry Research:

Market Key Players:

• Calsonic Kansei Corporation
• Dana Incorporated
• Hanon Systems
• MAHLE GmbH
• Denso Corporation
• T.RAD Co.
• Valeo
• Others

Key Vendors:

1.Calsonic Kansei Corporation:It  is a global comprehensive automotive parts manufacturer and we endeavor to contribute to the people around the world by creating a comfortable environment through the interactions of the earth and the human beings, as stated in our Basic Philosophy.Most efforts to develop new products & technologies, promote sales expansion, improve our cost competitiveness, work on quality improvement activities, and establish Global Management structure in order to provide our customers with new values and realize the world's best products and services.

2.Dana Incorporated: Wheeled transportation might be taken for granted today, but more than a century ago the idea of propelling carriages with motors instead of horses was nothing short of outlandish. The idea succeeded, though, thanks to the brilliance of inventors who embraced the increasingly mechanized world, the risk-taking of entrepreneurs who believed in its potential, and the business savvy of industrialists who scaled start-up ventures to large enterprises that propelled the whole industry forward.

3.Hanon Systems: Hanon Systems is a full-line supplier of automotive thermal and energy management solutions for electrified and conventional vehicles. Its offering includes a wide range of solutions in the areas of heating ventilation and air conditioning; powertrain cooling; compressor; fluid transport; and electronics and fluid pressure.

4.Denso Corporation: It is one of the world's largest automotive suppliers of technology and components found in almost all vehicles around the globe.From our extraordinary products to the unique manufacturing processes we use to create them, DENSO is building a mobility future that enables freedom of movement for people and things, eliminates accidents, revitalizes the environment and enriches society.

5.Valeo:It is a partner to all automakers worldwide and to new actors in mobility, working together to create mobility that is cleaner, safer and smarter through its innovations. Valeo is focused on four key domains – electrification, advanced driver assistance systems, reinventing interior experience and lighting.Specialties in a Comfort and Driving Assistance Systems, Powertrain Systems, Thermal Systems, Visibility Systems, Aftermarket, Mobility, Lighting, Electrification, Technology, and Software.

By Type:

• Air-Cooled 
• Liquid-Cooled

Air-cooled charge air cooler is the most common type of charge air cooler. It is a heat exchanger that uses air to cool the intake air before it enters the engine. Air-cooled charge air coolers are simple and relatively inexpensive to manufacture. However, they are not as efficient as liquid-cooled charge air coolers.
Liquid-cooled charge air cooler is more efficient than air-cooled charge air cooler. It uses a liquid, such as water or coolant, to cool the intake air before it enters the engine. Liquid-cooled charge air coolers can cool the charge air more quickly, which can improve engine performance. However, they are more complex and expensive to manufacture.

By Position        

• Integrated
• Standalone

By Design

• Tube & Fin
• Bar & Plate

By Fuel Type:

• Gasoline
• Diesel

By Application:

• Passenger Vehicles
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Others

Passenger vehicles are motor vehicles with at least four wheels, used for the transport of passengers, and comprising no more than eight seats in addition to the driver's seat. Passenger vehicles are the most common type of vehicle in the world.
Light commercial vehicles are motor vehicles with at least four wheels, used for the carriage of goods. Light commercial vehicles are typically smaller and lighter than heavy commercial vehicles.
Heavy commercial vehicles are motor vehicles with at least four wheels, used for the carriage of goods. Heavy commercial vehicles are typically larger and heavier than light commercial vehicles. They are often used for long-distance transportation of goods.
Others include vehicles that do not fit neatly into the other categories, such as buses, coaches, and motorcycles.

Based on Region:

Asia Pacific is the largest market for automotive charge air coolers, accounting for the majority of the market share. This is due to the increasing demand for passenger cars and commercial vehicles in the region. China, India, and Japan are the largest markets in Asia Pacific.
North America is the second largest market for automotive charge air coolers, accounting for a significant share of the market. The United States is the largest market in North America, followed by Canada.
Europe is the third largest market for automotive charge air coolers, and is expected to grow at a slower rate than the other regions. Germany, France, and the United Kingdom are the largest markets in Europe.
Latin America is the fourth largest market for automotive charge air coolers, and is expected to grow at a faster rate than the other regions. Brazil and Mexico are the largest markets in Latin America.
Middle East & Africa is the smallest market for automotive charge air coolers, and is expected to grow at the slowest rate of all the regions. Saudi Arabia and South Africa are the largest markets in the Middle East & Africa.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Dynamics

• The increasing demand for passenger cars and commercial vehicles: The automotive industry is growing rapidly, and this is driving the demand for charge air coolers.
• The increasing adoption of turbochargers in vehicles: Turbochargers are becoming increasingly popular in vehicles, as they can improve fuel efficiency and performance.
• The growing focus on fuel efficiency and emissions reduction: Governments around the world are increasingly focused on reducing emissions, and this is driving the demand for charge air coolers.
• The increasing technological advancements in charge air cooler design and manufacturing: Technological advancements are making it possible to design and manufacture more efficient and effective charge air coolers.

Restraints

• The high cost of charge air coolers: Charge air coolers can be expensive, which can limit their adoption in some markets.
• The limited availability of charge air coolers: Some charge air cooler manufacturers have limited production capacity, which can limit the availability of charge air coolers in some markets.

Drivers

• The increasing demand for electric vehicles: Electric vehicles do not require charge air coolers, but the demand for electric vehicles is growing rapidly, which could limit the growth of the automotive charge air cooler market in the long term.
• The increasing demand for lightweight vehicles: Lightweight vehicles are becoming increasingly popular, as they can improve fuel efficiency. This could drive the demand for charge air coolers that are lighter and more compact.

Trends

• The increasing use of composite materials in charge air coolers: Composite materials are becoming increasingly popular in charge air cooler design, as they can be lighter and more efficient than traditional materials.
• The increasing use of active cooling systems in charge air coolers: Active cooling systems are becoming increasingly popular in charge air cooler design, as they can improve cooling performance.

Challenges

• The need to meet stringent emissions regulations: Governments around the world are increasingly stringent emissions regulations, which could pose a challenge for charge air cooler manufacturers.
• The need to reduce the cost of charge air coolers: The cost of charge air coolers is a major barrier to adoption in some markets, and charge air cooler manufacturers need to find ways to reduce the cost of their products.

Opportunities

• The growth of the electric vehicle market: The growth of the electric vehicle market could create new opportunities for charge air cooler manufacturers, as electric vehicles do not require charge air coolers.
• The growth of the aftermarket: The aftermarket for charge air coolers is growing rapidly, as more and more vehicles are being equipped with turbochargers.

Scope of Report :

Report Attribute	Details
Study Period	2017-2030
Base Year	2022
Estimated year	2023
Forecast period	2023-2030
Historic Period	2017-2022
Units	US$ 4.22 billion
Growth Rate	CAGR of 6.2% from 2022 to 2030
By Type	Air-Cooled  Liquid-Cooled
By Application	Passenger Vehicles Light Commercial Vehicles Heavy Commercial Vehicles Others
By Companies	Calsonic Kansei Corporation Dana Incorporated Hanon Systems MAHLE GmbH Denso Corporation T.RAD Co. Valeo Others
By Fuel Type	Gasoline Diesel
By Position	Integrated Standalone
By Design	Tube & Fin Bar & Plate
Regional Scope	North America Europe Asia-Pacific The Middle East & Africa Latin America
Reasons to Purchase this Report and Customization Scope	6-month post-sale analyst assistance. 10% Free Customization and 15 Company Profiles in addition to the ones specified

Conclusion:
                   In conclusion, the automotive charge air cooler market is expected to experience substantial growth in the coming years, driven by stringent emission regulations, the demand for fuel-efficient vehicles, and the advancement of automotive technologies. As the industry continues to prioritize environmental sustainability and energy efficiency, the adoption of advanced CAC systems is likely to increase, creating lucrative opportunities for market players and contributing to the overall growth of the automotive sector.