Global Automotive Cooler
Market Report
2025
The global Automotive Cooler market size will be USD 2965.2 million in 2024. Increased emphasis on fuel efficiency and growing vehicle production is expected to boost sales to USD 4919.41 million by 2031, with a Compound Annual Growth Rate (CAGR) of 7.50% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Automotive Cooler market size will be USD 2965.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.50% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 |
Middle East Market Size | 121212 | 121212 | 121212 | 121212 |
Africa Market Size | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type Outlook: |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Automotive Cooler Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The market for automotive coolers includes a range of cooling systems that are intended to control the temperature of vehicle parts, such as oil coolers, intercoolers, and radiators. These systems are essential for preserving engine performance and longevity by avoiding overheating and maintaining engine efficiency. Market dynamics are impacted by various factors, including a growing requirement for fuel-efficient vehicles, strict pollution rules, and the increasing uptake of electric vehicles that necessitate specialized cooling systems. Technological and material advances are propelling innovation, yet obstacles like exorbitant prices and supply chain interruptions impede market expansion. The trend toward electric and hybrid cars is also changing the landscape and forcing automakers to create state-of-the-art cooling systems.
The market for automotive coolers is directly driven by rising vehicle production, which raises the need for effective heat management systems. Automotive coolers are becoming more and more necessary as the world's car production grows, especially in developing nations like China and India, where overheating is a concern and engine performance is desired. This expansion includes a range of vehicle types, such as more recent electric vehicles and conventional internal combustion engines, all of which call for unique cooling solutions. Furthermore, the need for sophisticated cooling systems grows as automakers innovate with smaller, more efficient engines and complicated powertrains, all of which are essential to preserving the efficiency and dependability of vehicles.
Since thermoelectric cooling offers creative solutions for heat management, technological developments in this area are propelling the growth of the automotive cooler market. Thermoelectric cooling is compact and extremely efficient compared to standard cooling techniques because it controls temperature precisely through the Peltier effect. Particularly useful in electric and hybrid vehicles, where space is at a premium and efficiency is critical, is this method for cooling electronic components. To further support the objectives of global sustainability, thermoelectric coolers are environmentally benign because they don't need refrigerants. The requirement for improved thermoelectric cooling solutions is growing along with the sophistication of car electronics, which is driving market expansion.
The market for automotive coolers is growing, although at a very slow rate, due to the high cost of modern cooling technology. These technologies frequently call for pricey components like composites and aluminum, which raises the cost of production. Furthermore, significant investments in R&D are required to improve performance and economy, which raises the cost of these systems, particularly for mass-market automobiles. Because of these financial limitations, manufacturers can be discouraged from implementing cutting-edge coolers. Furthermore, cost-conscious consumers are unlikely to purchase pricey cooling systems, which restricts the market's ability to grow overall and prevents expensive cooling systems from being widely adopted.
The market for automotive coolers has been significantly impacted by the COVID-19 epidemic, which has caused supply chain disruptions and production halts as a result of lockdowns and limitations. Due to a lack of components and raw materials brought on by the closure of production facilities, lead times and costs increased. Furthermore, lower consumer buying power and economic uncertainty led to a decline in car sales, which in turn affected the market for automotive coolers. Many manufacturers experienced financial hardship, which delayed innovation and investment. On the other hand, the epidemic hastened the transition to electric cars, opening doors for newly developed cooling systems designed specifically for EVs. As sectors adjust to post-pandemic conditions, emphasizing resilience and technological adaptability, the market is progressively recovering.
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Due to the presence of numerous regional and international market participants, the industry has a fragmented competitive landscape. Prominent industry participants are implementing tactics, including alliances, joint ventures, purchases and mergers, and contracts, in order to endure the fiercely competitive landscape and broaden their commercial reach. Additionally, manufacturers of automotive coolers are investing a lot of money in R&D to create cutting-edge goods and incorporate novel features and technologies into their lineup.
Top Companies Market Share in Automotive Cooler Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The North American automotive cooler industry is growing at a rapid rate due to government incentives and support for green technologies. Advanced cooling solutions intended for battery and power electronics thermal management are being adopted at a faster rate due to tax breaks and subsidies for electric cars (EVs). These programs incentivize producers to come up with creative, energy-saving cooling solutions that comply with strict emission standards and environmental objectives. Funding for sustainable vehicle technology research and development also promotes market expansion. The need for effective cooling systems in both electric and hybrid vehicles is growing as consumers place a higher priority on environmentally friendly automobiles, which contributes to the market's expansion in North America.
Asia Pacific stands out as the fastest-growing region in the Automotive Cooler market. In the Asia Pacific automotive cooler market, the rise of fuel-efficient cars has had a favorable effect. Additionally, the region is home to top automotive cooler producers like Denso Corporation, T.RAD Co. Ltd., Hanon Systems, and Marelli, which presents potential opportunities for the regional market. Within the region, these businesses have been growing and developing. Hanon Systems, for example, declared in March 2021 that it had started building its fifth plant in Korea. A plot of about 33,000 square meters (or roughly 335,000 square feet) of land will be used for the construction of this new factory.
The current report Scope analyzes Automotive Cooler Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Automotive Cooler market size was estimated at USD 2965.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1186.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
According to Cognitive Market Research, the global Automotive Cooler market size was estimated at USD 2965.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 889.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
According to Cognitive Market Research, the global Automotive Cooler market size was estimated at USD 2965.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 682.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
According to Cognitive Market Research, the global Automotive Cooler market size was estimated at USD 2965.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 148.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2024 to 2031. .
According to Cognitive Market Research, the global Automotive Cooler market size was estimated at USD 2965.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 59.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031..
Global Automotive Cooler Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Cooler Industry growth. Automotive Cooler market has been segmented with the help of its Type Outlook:, , and others. Automotive Cooler market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Automotive Cooler Market?
According to Cognitive Market Research, Air-Cooled Charge Air Cooler stands out as the dominant category over the projected period. The most popular type of vehicle charge air cooler in the market is an air cooler, sometimes known as a direct charge cooler. This method uses ambient air from the outside to chill the charge air. The low cost and weight, straightforward design, increased dependability, and ease of use are some advantages of air-cooled coolers. These charge coolers can, therefore, be utilized in numerous car types. These air coolers are the preferred option of OEMs because of their sufficient cooling capacity.
Liquid-cooled Charge Air Cooler emerges as the fastest-growing category in the Automotive Cooler market. By controlling coolant flow, a liquid-cooled or indirect charge air cooler helps to minimize air volume between the engine's intake ports and the turbocharger's compressor, thereby providing charge-air thermal management. With liquid-cooled charge air cooling technology, the traditional air-to-air method is replaced with a more sophisticated setup that includes a liquid-cooled air charge cooler, a coolant circulation pump, and a temperature cooling circuit. In addition to helping engine manufacturers meet emissions regulations, this charge air cooler increases engine power.
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This report forecasts revenue growth in the Automotive Cooler industry at global, regional, and national levels, analyzing the latest trends and pinpointing opportunities for each application of given timeframe. This analysis examines how business offerings utilizes to meet specific demands. Key factors to include in the by-application segment analysis are market size, growth potential, revenue contribution by application, technological advancements tailored to each industry (e.g., temperature-controlled logistics for pharmaceuticals or perishables), and regulatory requirements. Furthermore, our research team is prepared to provide additional insights, including a comprehensive analysis of the value chain specific to the Automotive Cooler industry, which will highlight key players, processes, and interdependencies across the supply chain. We also offer valuable operational benchmarks to compare performance metrics and identify best practices within the industry. Additionally, we can deliver other specialized and customized information tailored to meet the unique needs and challenges of the Automotive Cooler sector, enabling businesses to make informed decisions and stay competitive in a dynamic market. For more information, please request a sample or contact our research team.
Some of the key of Automotive Cooler are:
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Research Analyst at Cognitive Market Research
I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type Outlook: | Air-Cooled Charge Air Cooler, Liquid-Cooled Charge Air Cooler |
List of Competitors | MAHLE GmbH, T. RAD Co. Ltd., Dana Incorporated, Valeo, Modine Manufacturing Company, Marelli, Denso Corporation, Hanon Systems, Vestas Aircoil, Delphi Technologies Aftermarket, Sanden Holdings Corporation, AKG Group, Boyd Corporation, Mishimoto, Banco Products (India) Ltd., Sterling Thermal Technology, Cooper Standard, C, G, & J Inc., Ami Exchangers Ltd., Applied Cooling Technology LLC, EJ Bowman, Kelvion Holding Gmbh |
This chapter will help you gain GLOBAL Market Analysis of Automotive Cooler. Further deep in this chapter, you will be able to review Global Automotive Cooler Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Automotive Cooler. Further deep in this chapter, you will be able to review North America Automotive Cooler Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Automotive Cooler. Further deep in this chapter, you will be able to review Europe Automotive Cooler Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Automotive Cooler. Further deep in this chapter, you will be able to review Asia Pacific Automotive Cooler Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Automotive Cooler. Further deep in this chapter, you will be able to review South America Automotive Cooler Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Cooler. Further deep in this chapter, you will be able to review Middle East Automotive Cooler Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Automotive Cooler. Further deep in this chapter, you will be able to review Middle East Automotive Cooler Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Automotive Cooler. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Cooler market
Chapter 11 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 12 Research Methodology and Sources
Why Air-Cooled Charge Air Cooler have a significant impact on Automotive Cooler market? |
What are the key factors affecting the Air-Cooled Charge Air Cooler and Liquid-Cooled Charge Air Cooler of Automotive Cooler Market? |
What is the CAGR/Growth Rate of during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Cooler Market? |
Which region is expected to dominate the global Automotive Cooler Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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