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The global automotive radiator market is expected to reach $13.5 billion by 2022 according to new research report

Lucintel anticipates that Asia Pacific and the Rest of the World will be the fastest growing regions in the automotive radiator market

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According to a new market report published by Lucintel, the future of the global automotive radiator market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle. The global automotive radiator market is expected to reach an estimated $13.5 billion by 2022 and it is forecast to grow at a CAGR of 5.2% by value from 2017 to 2022.

The major growth drivers of this market are increasing production of passenger cars and light commercial vehicles, increasing radiator aftermarket demands, and stringent government emission standard for fuel efficiency. In this market, aluminum and copper/brass materials are used to manufacture radiators.

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On the basis of our comprehensive research, Lucintel forecasts that the aluminum material segment is expected to show above average growth during the forecast period. Within the global automotive radiator market, the passenger car segment is expected to remain the largest market.

Increasing passenger car production is expected to spur growth for this segment over the forecast period. Asia Pacific is expected to remain the largest region due to high vehicle production, improvements in economic conditions, and increasing investments by the market players within the APAC region.

APAC and the Rest of the World are expected to experience significant growth over the forecast period because of increasing passenger car and light commercial vehicle production in China and Brazil. Emerging trends which have a direct impact on the dynamics of the industry include development of full-aluminum radiators and development of lead free and electrophoretically coated radiators.

Denso Corporation, Valeo SA, Calsonic Kansei Corporation, Sanden Corporation, and Mahle Behr Gmbh & Co. KG are the major radiator suppliers in the global automotive radiator market.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in global automotive radiator market by material, flow structure, vehicle type, end user and region, and compiled a comprehensive research report entitled “Growth Opportunities in Global Automotive Radiator Market 2017-2022: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for growth opportunities in the global automotive radiator market by material, flow structure, vehicle type, end user, and region, as follows: By Material [$ Million from 2011 to 2022]: • Aluminum • Copper/Brass By Flow Structure [$ Million from 2011 to 2022]: • Down-Flow • Cross-Flow By Vehicle Type [Volume (Million Units) and $ Million from 2011 to 2022]: • Passenger Car • Light Commercial Vehicle • Heavy Commercial Vehicle By End User [Volume (Million Units) and $ Million from 2011 to 2022]: • OEM • Aftermarket By region [Volume (Million Units) and $ Million from 2011 to 2022]: • North America o US o Canada o Mexico • Europe o United Kingdom o Italy o Spain o Germany o France • Asia Pacific o China o India o Japan o Indonesia • The Rest of the World o Brazil o Argentina This 204-page research report will enable you to make confident business decisions in this globally competitive marketplace.

 

For more information:

Make an Inquiry about this report HERE!
  • www.lucintel.com/automotive-radiator-market-2017.aspx