Market Research Future published research report on “Global Automotive Intercooler Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Global Automotive Intercooler Market By Type (Air to air, Air to water), Engine Type (Supercharged Gasoline, Turbocharged Diesel, Conventional Diesel), Vehicle Type (Passenger, and Commercial), and regions– Forecast till 2023.

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Global Automotive Intercooler Market Highlights:

The growth in automotive industry directly translates into increasing demand in the automotive intercooler market. Moreover, Technological advancement and heavy investments are helping automotive intercooler to grow. Factors such as demand for efficient turbocharged engines and strict regulations of the government to decrease the vehicle population and increase the engine efficiency are some of the major market drivers for the growth of automotive inter cooler. Additionally, environmental advantages offered by intercoolers and turbochargers largely drive the demand for intercoolers. Government’s emission norms to control and reduce exhaust emission levels are driving the market of automotive intercooler. Automotive intercooler production is consequently high in Asia-pacific, with China and India expected to be the most promising markets

The factors that are responsible for the growth of automotive intercooler market are growing demand in the automotive industry, advancement in technology, and heavy investment by automotive manufacturers. There has been an increase in the sales of passenger and commercial vehicles from 2015 to 2016. In 2015, the total vehicle sales was about 89.6 million units, while in 2016 it was 93.8 million units. This rise in the sales of vehicles will result in increased use of intercooler in the vehicles to improve the efficiency of the vehicle. The automotive manufacturers are making heavy investment into R&D to develop a technology that will improve the efficiency of the vehicle and reduce the environmental impact of the vehicle as well as they are focusing on investing in R&D to gain a competitive edge over peers.

The key players in automotive intercooler market are Bell Intercoolers (U.S.), Forge Motorsport Inc (U.S.), KALE Oto Radyator (Turkey), Mishimoto (U.S.), PWR (Australia), Modine Manufacturing (U.S.), and Treadstone Performance Engineering (U.S.). Guangzhou Woshen Auto Radiator (China), JC Performance Parts (China), KVR International (U.S.), and Honeywell International Inc. (U.S.) are among others.

Market Research Future analysis show that the global market of Automotive intercooler market is estimated to grow at high billion value by the end of year 2022. Asia pacific is leading the market of automotive intercooler. Moreover, the market and trends shows that Heavy investments were made from North America and European companies in Asia-Pacific, especially in India and China due to market development initiatives taken by the government and abundant availability of low-cost labors. Whereas, increasing demand for electronic vehicle, and subsidies offered by government driving the market of automotive intercooling market. The global automotive intercooler is expected to grow at high CAGR between years 2016 to 2022.

LIST OF TABLES:

TABLE 1 GLOBAL AUTOMOTIVE INTERCOOLER MARKET, BY PILLAR TYPE, 2016-2023 (USD MILLION)

TABLE 2 AUTOMOTIVE INTERCOOLER GLOBAL MARKET, BY VEHICLE TYPE, 2016-2023 (USD MILLION)

TABLE 3 AUTOMOTIVE INTERCOOLER GLOBAL MARKET, BY VEHICLE TYPE, 2016-2023 (USD MILLION)

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LIST OF FIGURES

FIGURE 1 KEY BUYING CRITERIA OF AUTOMOTIVE INTERCOOLERS

FIGURE 2 RESEARCH PROCESS OF MRFR

FIGURE 3 TOP DOWN & BOTTOM UP APPROACH

FIGURE 4 PORTER'S FIVE FORCES ANALYSIS OF AUTOMOTIVE INTERCOOLER GLOBAL MARKET

FIGURE 5 SUPPLY CHAIN AUTOMOTIVE INTERCOOLER GLOBAL MARKET

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