자동차 엔진 냉각 시스템 시장 - 세계 규모, 점유율, 동향 분석, 기회, 예측 보고서(2019-2030년)

Global Automotive Engine Cooling Systems Market Size Set to Expand at CAGR of 5.13% to Reach USD 37.92 Billion by 2030

Global Automotive Engine Cooling Systems Market is flourishing because of the increasing focus on complying with stringent emission regulations and growing adoption of electric vehicles (EVs).

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Global Automotive Engine Cooling Systems Market size at USD 26.78 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Global Automotive Engine Cooling Systems Market size to expand at a CAGR of 5.13% reaching a value of USD 37.92 billion by 2030. The growing focus on improving vehicle performance and efficiency, along with expanding vehicle production and demand, are key growth drivers for the Global Automotive Engine Cooling Systems Market. Furthermore, strict government laws governing vehicle emissions are another factor fueling the market expansion for automobile engine cooling systems globally.

Opportunity: Expanding automobile production

The automotive engine cooling systems market is driven by an increase in the usage of automobiles, including passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs). In the automobile sector, the production of powerful engines, which produce a lot of heat and need cooling fans, has been steadily increasing in recent years. Globalization, urbanization, growing consumer per capita income, population growth, and shifting middle-class families' lifestyles are just a few of the key drivers that are anticipated to fuel the need for automobile engine cooling systems throughout the projected period.

Impact of Escalating Geopolitical Tensions on Global Automotive Engine Cooling Systems Market

The geopolitical tensions disrupt the growth of the Global Automotive Engine Cooling Systems Market. Conflicts between countries often result in sanctions and suspensions of their trade relations, which cause supply chain disruptions and shortages of raw materials. For example, the sanctions put on Russia by many Western countries following its invasion of Ukraine made it difficult for the automotive sector to operate since there was a lack of steel, energy, and other machinery and equipment. As a result, the production of automobiles fell. The demand for vehicle engine cooling systems significantly decreased as a result of the drop in car manufacturing, impeding the market's overall growth.

Global Automotive Engine Cooling Systems Market

Segmental Coverage

Global Automotive Engine Cooling Systems Market - By Engine Type

Based on engine type, the Global Automotive Engine Cooling Systems Market is split into air-cooled engines and liquid-cooled engines segments. The liquid-cooled engine segment accounts for a higher market share. Liquids are denser and have a greater capacity to absorb heat, which is advantageous for liquid cooling. Water has a higher specific heat capacity than any other gas or liquid on the planet. It makes water a more efficient heat-transfer medium. When compared to one liter of air, a system may release about 3,000 times more energy in one liter of water.

Global Automotive Engine Cooling Systems Market - By Region

The in-depth research report on the Global Automotive Engine Cooling Systems Market covers a number of country-specific markets across five major regions: North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa. The Asia Pacific region dominates the global automotive engine cooling systems market owing to the presence of major car-producing countries in the world. China alone manufactured 27 million cars in 2022, becoming the major car-producing economy. Japan, India, and South Korea also rank in the top five car-producing countries with 7.8 million, 5.5 million, and 3.8 million, respectively, which fuels the demand for Automotive Engine Cooling Systems in the Asia Pacific region.

Competitive Landscape

Major players operating in the Global Automotive Engine Cooling Systems Market include Denso Corporation, Valeo SA, MAHLE GmbH, BorgWarner Inc., Continental AG, Modine Manufacturing Company, Gates Corporation, Visteon Corporation, Schaeffler AG, Behr GmbH & Co. KG (Mahle Behr GmbH), Robert Bosch GmbH, Johnson Electric Holdings Limited, KSPG AG (Rheinmetall Automotive AG), and Aisin Seiki Co., Ltd.

To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Global Automotive Engine Cooling Systems Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Global Automotive Engine Cooling Systems Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

1. Research Framework

• 1.1. Research Objective
• 1.2. Product Overview
• 1.3. Market Segmentation

2. Executive Summary

3. Global Automotive Engine Cooling Systems Market Insights

• 3.1. Industry Value Chain Analysis
• 3.2. DROC Analysis
  • 3.2.1. Growth Drivers
    • 3.2.1.1. Rising Vehicle Production
    • 3.2.1.2. Stricter Emission Regulations
    • 3.2.1.3. Growing Adoption of Electric Vehicles (EVs)
  • 3.2.2. Restraints
    • 3.2.2.1. High Cost of Advanced Systems
    • 3.2.2.2. Fluctuating Raw Material Prices
    • 3.2.2.3. Maturity in Traditional Markets
  • 3.2.3. Opportunities
    • 3.2.3.1. Focus on Lightweight Materials
    • 3.2.3.2. Integration with Advanced Driver-Assistance Systems (ADAS)
    • 3.2.3.3. Aftermarket Replacement Parts
  • 3.2.4. Challenges
    • 3.2.4.1. Stringent Safety Regulations
    • 3.2.4.2. Competition from Alternative Cooling Technologies
    • 3.2.4.3. Consumer Awareness and Education
• 3.3. Technology Advancements/Recent Developments
• 3.4. Regulatory Framework
• 3.5. Porter's Five Forces Analysis
  • 3.5.1. Bargaining Power of Suppliers
  • 3.5.2. Bargaining Power of Buyers
  • 3.5.3. Threat of New Entrants
  • 3.5.4. Threat of Substitutes
  • 3.5.5. Intensity of Rivalry

4. Global Automotive Engine Cooling Systems Market: Marketing Strategies

5. Global Automotive Engine Cooling Systems Market Overview

• 5.1. Market Size & Forecast, 2019-2030
  • 5.1.1. By Value (USD Billion)
• 5.2. Market Share and Forecast
  • 5.2.1. By Vehicle Type
    • 5.2.1.1. Two Wheeler
    • 5.2.1.2. Passenger Vehicles
    • 5.2.1.3. Commercial Vehicles
    • 5.2.1.3.1. Light Commercial Vehicles
    • 5.2.1.3.2. Heavy Commercial Vehicles
  • 5.2.2. By Engine Type
    • 5.2.2.1. Air-Cooled Engine
    • 5.2.2.2. Liquid-Cooled Engine
  • 5.2.3. By Region
    • 5.2.3.1. North America
    • 5.2.3.2. Europe
    • 5.2.3.3. Asia Pacific (APAC)
    • 5.2.3.4. Latin America (LATAM)
    • 5.2.3.5. Middle East and Africa (MEA)

6. North America Automotive Engine Cooling Systems Market

• 6.1. Market Size & Forecast, 2019-2030
  • 6.1.1. By Value (USD Billion)
• 6.2. Market Share & Forecast
  • 6.2.1. By Vehicle Type
  • 6.2.2. By Engine Type
  • 6.2.3. By Country
    • 6.2.3.1. United States
    • 6.2.3.1.1. By Vehicle Type
    • 6.2.3.1.2. By Engine Type
    • 6.2.3.2. Canada
    • 6.2.3.2.1. By Vehicle Type
    • 6.2.3.2.2. By Engine Type

7. Europe Automotive Engine Cooling Systems Market

• 7.1. Market Size & Forecast, 2019-2030
  • 7.1.1. By Value (USD Billion)
• 7.2. Market Share & Forecast
  • 7.2.1. By Vehicle Type
  • 7.2.2. By Engine Type
  • 7.2.3. By Country
    • 7.2.3.1. Germany
    • 7.2.3.1.1. By Vehicle Type
    • 7.2.3.1.2. By Engine Type
    • 7.2.3.2. United Kingdom
    • 7.2.3.2.1. By Vehicle Type
    • 7.2.3.2.2. By Engine Type
    • 7.2.3.3. Italy
    • 7.2.3.3.1. By Vehicle Type
    • 7.2.3.3.2. By Engine Type
    • 7.2.3.4. France
    • 7.2.3.4.1. By Vehicle Type
    • 7.2.3.4.2. By Engine Type
    • 7.2.3.5. Spain
    • 7.2.3.5.1. By Vehicle Type
    • 7.2.3.5.2. By Engine Type
    • 7.2.3.6. Belgium
    • 7.2.3.6.1. By Vehicle Type
    • 7.2.3.6.2. By Engine Type
    • 7.2.3.7. Russia
    • 7.2.3.7.1. By Vehicle Type
    • 7.2.3.7.2. By Engine Type
    • 7.2.3.8. Rest of Europe
    • 7.2.3.8.1. By Vehicle Type
    • 7.2.3.8.2. By Engine Type

8. Asia Pacific Automotive Engine Cooling Systems Market

• 8.1. Market Size & Forecast, 2019-2030
  • 8.1.1. By Value (USD Billion)
• 8.2. Market Share & Forecast
  • 8.2.1. By Vehicle Type
  • 8.2.2. By Engine Type
  • 8.2.3. By Country
    • 8.2.3.1. China
    • 8.2.3.1.1. By Vehicle Type
    • 8.2.3.1.2. By Engine Type
    • 8.2.3.2. India
    • 8.2.3.2.1. By Vehicle Type
    • 8.2.3.2.2. By Engine Type
    • 8.2.3.3. Japan
    • 8.2.3.3.1. By Vehicle Type
    • 8.2.3.3.2. By Engine Type
    • 8.2.3.4. South Korea
    • 8.2.3.4.1. By Vehicle Type
    • 8.2.3.4.2. By Engine Type
    • 8.2.3.5. Australia & New Zealand
    • 8.2.3.5.1. By Vehicle Type
    • 8.2.3.5.2. By Engine Type
    • 8.2.3.6. Indonesia
    • 8.2.3.6.1. By Vehicle Type
    • 8.2.3.6.2. By Engine Type
    • 8.2.3.7. Malaysia
    • 8.2.3.7.1. By Vehicle Type
    • 8.2.3.7.2. By Engine Type
    • 8.2.3.8. Singapore
    • 8.2.3.8.1. By Vehicle Type
    • 8.2.3.8.2. By Engine Type
    • 8.2.3.9. Vietnam
    • 8.2.3.9.1. By Vehicle Type
    • 8.2.3.9.2. By Engine Type
    • 8.2.3.10. Rest of APAC
    • 8.2.3.10.1. By Vehicle Type
    • 8.2.3.10.2. By Engine Type

9. Latin America Automotive Engine Cooling Systems Market

• 9.1. Market Size & Forecast, 2019-2030
  • 9.1.1. By Value (USD Billion)
• 9.2. Market Share & Forecast
  • 9.2.1. By Vehicle Type
  • 9.2.2. By Engine Type
  • 9.2.3. By Country
    • 9.2.3.1. Brazil
    • 9.2.3.1.1. By Vehicle Type
    • 9.2.3.1.2. By Engine Type
    • 9.2.3.2. Mexico
    • 9.2.3.2.1. By Vehicle Type
    • 9.2.3.2.2. By Engine Type
    • 9.2.3.3. Argentina
    • 9.2.3.3.1. By Vehicle Type
    • 9.2.3.3.2. By Engine Type
    • 9.2.3.4. Peru
    • 9.2.3.4.1. By Vehicle Type
    • 9.2.3.4.2. By Engine Type
    • 9.2.3.5. Rest of LATAM
    • 9.2.3.5.1. By Vehicle Type
    • 9.2.3.5.2. By Engine Type

10. Middle East & Africa Automotive Engine Cooling Systems Market

• 10.1. Market Size & Forecast, 2019-2030
  • 10.1.1. By Value (USD Billion)
• 10.2. Market Share & Forecast
  • 10.2.1. By Vehicle Type
  • 10.2.2. By Engine Type
  • 10.2.3. By Country
    • 10.2.3.1. Saudi Arabia
    • 10.2.3.1.1. By Vehicle Type
    • 10.2.3.1.2. By Engine Type
    • 10.2.3.2. UAE
    • 10.2.3.2.1. By Vehicle Type
    • 10.2.3.2.2. By Engine Type
    • 10.2.3.3. Qatar
    • 10.2.3.3.1. By Vehicle Type
    • 10.2.3.3.2. By Engine Type
    • 10.2.3.4. Kuwait
    • 10.2.3.4.1. By Vehicle Type
    • 10.2.3.4.2. By Engine Type
    • 10.2.3.5. South Africa
    • 10.2.3.5.1. By Vehicle Type
    • 10.2.3.5.2. By Engine Type
    • 10.2.3.6. Nigeria
    • 10.2.3.6.1. By Vehicle Type
    • 10.2.3.6.2. By Engine Type
    • 10.2.3.7. Algeria
    • 10.2.3.7.1. By Vehicle Type
    • 10.2.3.7.2. By Engine Type
    • 10.2.3.8. Rest of MEA
    • 10.2.3.8.1. By Vehicle Type
    • 10.2.3.8.2. By Engine Type

11. Competitive Landscape

• 11.1. List of Key Players and Their Offerings
• 11.2. Global Automotive Engine Cooling Systems Market Share Analysis, 2023
• 11.3. Competitive Benchmarking, By Operating Parameters
• 11.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

12. Impact of Escalating Geopolitical Tensions on Global Automotive Engine Cooling Systems Market

13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

• 13.1. Denso Corporation
• 13.2. Valeo SA
• 13.3. MAHLE GmbH
• 13.4. BorgWarner Inc.
• 13.5. Continental AG
• 13.6. Modine Manufacturing Company
• 13.7. Gates Corporation
• 13.8. Visteon Corporation
• 13.9. Schaeffler AG
• 13.10. Behr GmbH & Co. KG (Mahle Behr GmbH)
• 13.11. Robert Bosch GmbH
• 13.12. Johnson Electric Holdings Limited
• 13.13. KSPG AG (Rheinmetall Automotive AG)
• 13.14. Aisin Seiki Co., Ltd.
• 13.15. Other Prominent Players

14. Key Strategic Recommendations

15. Research Methodology

• 15.1. Qualitative Research
  • 15.1.1. Primary & Secondary Research
• 15.2. Quantitative Research
• 15.3. Market Breakdown & Data Triangulation
  • 15.3.1. Secondary Research
  • 15.3.2. Primary Research
• 15.4. Breakdown of Primary Research Respondents, By Region
• 15.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable