Automotive engine cooling system is a critical part of vehicle which maintain the temperature of engine, by using liquid or air in order to remove the excess heat. As efficient cooling system allows engine to perform better, by offering a better mileage and power to vehicles.
Increasing in manufacturing units and sales of automotive vehicle is expected to spur the market of automotive engine cooling systems.
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Further, implementation of stringent vehicle emission standard by European and North America government is also pushing the manufactures towards the innovation in the systems. Moreover, emergence of multi-fuel engine technology is expected to provide lucrative opportunities for the market.
The report “Automotive Powertrain Cooling System Market, By Type (ATOC, ATF, and ITOC), By Application (Passenger Car, and Commercial Car), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030 “
Key Highlights:
- In September 2021, MAHLE developed a new battery cooling system for fast charging of electric cars. An electrically non-conductive coolant flows around the cells, which significantly lowers the maximum temperature of the battery during charging and ensures that the overall temperature is more homogeneously distributed.
- In April 2021, XING Mobility and Castrol announced a partnership to further develop XING Mobility's immersion cooling battery technology, using Castrol's advanced thermal management fluid to provide unprecedented power and safety to the fast-growing electric vehicle market.
Analyst View:
Automotive Powertrain Cooling system market is more or directly proportional to automotive market. As there has been increase in disposable income, and demand for personal automobile for transportation for each family member the market is expected to show the exponential growth over the forecast period.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Automotive Powertrain Cooling System Market, By Type (ATOC, ATF, and ITOC), By Application (Passenger Car, and Commercial Car), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”
Key Market Insights from the report:
Automotive Powertrain Cooling System Market accounted for US$ 1.19 billion in 2022 and is estimated to be US$ 1.69 billion by 2032 and is anticipated to register a CAGR of 4.1%. The Automotive Powertrain Cooling System Market is segmented based on Type, Application and Region.
- Based on Type, Automotive Powertrain Cooling System Market is segmented into ATOC, ATF, and ITOC.
- Based on Application, Automotive Powertrain Cooling System Market is segmented into Passenger Car, and Commercial Car.
- By Region, the Automotive Powertrain Cooling System Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape & their strategies of Automotive Powertrain Cooling System Market:
The prominent players operating in the Automotive Powertrain Cooling System Market includes DENSO Corp, Johnson Electric Ltd., Delphi Inc., Hella Inc., Mahle GmbH, TitanX Engine Cooling, Valeo Corp, Visteon Corp., Continental AG, Schaeffler AG.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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Some Important Points Answered in this Market Report Are Given Below:
- Explains an overview of the product portfolio, including product development, planning, and positioning
- Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
- Detailed analysis of the market revenue over the forecasted period.
- Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
- Study on the segments that are anticipated to dominate the market.
- Study on the regional analysis that is expected to register the highest growth over the forecast period
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