The Automotive Charge Air Cooler (CAC) Market is segmented by Vehicle Type (Passenger Car, LCV, and M&HCV), by Product Type (Air-Cooled Charge Air Cooler and Liquid-Cooled Charge Air Cooler), by Position Type (Standalone CAC and Integrated CAC), by Fuel Type (Gasoline and Diesel), and by Region (North America, Europe, Asia-Pacific, and Rest of World).
The Automotive Charge Air Cooler (CAC) Market is segmented by Vehicle Type (Passenger Car, LCV, and M&HCV), by Product Type (Air-Cooled Charge Air Cooler and Liquid-Cooled Charge Air Cooler), by Position Type...
Automotive Charge Air Cooler is useful in cooling the engine air, resulting in a better output of the engine. The air cooler decreases the temperature of the engine air from about 220 degrees Celsius to about 40 degrees Celsius with the help of cooling water or also air. Automotive Charge Air Cooler is available in different sizes depending upon the engine size. Not just the engine size, these air coolers can serve as diesel engines as well as the gasoline engine.
Hot air entering the engine can create a higher combustion temperature, which creates a greater nitrogen oxide formation and increases the thermal load on the engine and related components. Charge air cooler act as a cooling interface, which transforms hot air coming from a turbocharger or a supercharger to cool air entering the combustion engine. CACs also contribute towards a reduction in turbo lag and an improvement in engine volumetric efficiency with lower engine displacement.
Market Dynamics
Organic growth in automobile production owing to increasing disposable income and growing urbanization; strict government regulations regarding carbon emission reductions and fuel efficiency enhancements, such as CAFÉ Standards; and increasing penetration of turbochargers are some of the major growth drivers of charge air coolers in the automotive industry.
The automotive industry is undergoing the most potentially disruptive decade where stringent government regulations regarding carbon emission reductions and fuel efficiency enhancements are generating enormous pressure on automakers. Automakers are unraveling it by finding distinct ways. Engine downsizing is one of the prime approaches for achieving such industry needs. Engine downsizing makes the engine hotter but makes the engine more powerful and efficient and gives an impetuous growth in the demand for turbochargers in vehicles. This creates a need for effective cooling of charged air through a charge air cooler (CAC) (also known as an intercooler).
Segments Analysis
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By Vehicle Type
The global automotive charge air cooler market is segmented based on the vehicle type as Passenger Car, LCV, and M&HCV. Passenger car is expected to remain the growth engine of the global automotive charge air cooler market during the forecast period. The high production of cars coupled with the increased adoption of charge air coolers in gasoline engines is driving the segment.
By Type of Inflators
Based on the product type, the automotive charge air cooler market is segmented as Air-Cooled Charge Air Cooler (also known as Air-to-Air Charge Air Cooler) and Liquid-Cooled Charge Air Cooler (also known as Water-Cooled Charge Air Cooler). Air-cooled charge air cooler is expected to remain the dominant product type in the market during the forecast period, whereas liquid-cooled charge air cooler is likely to grow at a faster rate during the same period. Smaller packaging space with reduced duct length, reduction in pressure loss, an improvement in power and torque delivery, and enhanced efficiency are some of the key whys and wherefores for faster growth of liquid-cooled charge air coolers as compared to air-cooled charge air coolers.
Another factor evoking interest in the usage of a liquid-cooled charge air cooler is its versatility. It can be adjusted in various configurations, such as remote mounting or self-contained, and can be integrated into the intake manifold or supercharger housing. On the other hand, an air-cooled charge air cooler is generally mounted standalone in the front of the radiator only.
By Fuel Type
Based on the fuel type, the automotive charge air cooler market is segmented as Diesel Engine-based Charge Air Cooler and Gasoline Engine-based Charge Air Cooler. The diesel engine is expected to remain the dominant segment of the automotive charge air cooler market during the forecast period, whereas the gasoline engine is expected to witness higher growth during the same period.
Regional Analysis
In terms of regions, Asia-Pacific is likely to be the largest automotive CAC market over the next five years. The region is likely to experience the highest growth during the same period. China and India are the growth engine of Asia-Pacific’s market for charge air coolers. Both countries together accounted for more than 60% of the Asia-Pacific’s market and are likely to grow at an impressive double-digit growth rate during the forecast period.
Europe is likely to be the second-largest automotive charge air cooler market during the forecast period, owing to the high penetration of diesel engine vehicles coupled with a greater penetration of turbochargers to address the strict emission norms of the European Commission. North America, another considerable region, is also likely to generate a healthy demand for charge air coolers in the coming years, primarily propelled by the USA and Mexico.
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Key Players
The supply chain of this market comprises raw material suppliers, charge air cooler manufacturers, system suppliers, automotive OEMs, and dealers.
The key automotive charge air cooler manufacturers are-
Calsonic Kansei Corporation
Denso Corporation
Dana Incorporated
Hanon Systems Mahle GmbH
T.RAD Co., Ltd.
Valeo Group.
The development of integrated charge air coolers and the formation of strategic alliances with OEMs and turbocharger suppliers are the key strategies adopted by the key players to gain a competitive edge in the market.
Report Features
This comprehensive 230-page report, from Stratview Research, provides a complete analysis of the automotive charge air cooler (CAC) market by providing the maximum number of segmentations. The primary objective of the report is to highlight the most germane opportunities for the market participants that lie ahead across regions. The report analyzes the trend period of the past five years (2013-2018), understands the current market and competitive dynamics, and future market possibilities to forecast the market for the period of 2019 to 2024 in terms of both value and volume.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Automotive Charge Air Cooler (CAC) Market
How lucrative is the future?
The market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
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10% free customization
Research Methodology
For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage a multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentations, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.
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With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
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Detailed profiling of additional market players (up to three players).
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Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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Calsonic Kansei Corporation, Denso Corporation, Dana Incorporated, Hanon Systems Mahle GmbH, T.RAD Co., Ltd., and Valeo Group. are among the key players in the automotive charge air cooler market.
Based on region, Asia-Pacific is expected to witness the highest growth in the automotive charge air cooler market during the forecast period and also Asia-Pacific is likely to be the largest automotive charge air cooler market.
