COVID-19 Impact and Recovery Analysis | Automotive Heat Exchanger Market 2020–2024 | Increasing Sales of Passenger Cars to Boost Growth | Technavio
Technavio has been monitoring the automotive heat exchanger market and it is poised to grow by USD 8.5 billion during 2020–2024, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alfa Laval AB, API Heat Transfer Inc., Dana Inc., DENSO Corp., GEA Group AG, Mahle GmbH, Nippon Light Metal Holdings Co. Ltd., Robert Bosch GmbH, SPX Corp., and Valeo SA are some of the major market participants. The increasing sales of passenger cars will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing sales of passenger cars has been instrumental in driving the growth of the market.
Automotive Heat Exchanger Market 2020–2024: Segmentation
Automotive Heat Exchanger Market is segmented as below:
- Application
- Geographic Landscape
- Passenger Cars
- LCVs
- M And HCVs
- APAC
- Europe
- MEA
- North America
- South America
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Automotive Heat Exchanger Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive heat exchanger market report covers the following areas:
- Automotive Heat Exchanger Market Size
- Automotive Heat Exchanger Market Trends
- Automotive Heat Exchanger Market Industry Analysis
This study identifies heavy dependence on IC engines for mobility in emerging countries as one of the prime reasons driving the automotive heat exchanger market growth during the next few years.
Automotive Heat Exchanger Market 2020–2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the automotive heat exchanger market, including some of the vendors such as Alfa Laval AB, API Heat Transfer Inc., Dana Inc., DENSO Corp., GEA Group AG, Mahle GmbH, Nippon Light Metal Holdings Co. Ltd., Robert Bosch GmbH, SPX Corp., and Valeo SA. Backed with competitive intelligence and benchmarking, our research reports on the automotive heat exchanger market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
