Global Automotive Radiators Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material Type (Copper And Brass, Aluminum), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle), By End-User (OEM’s, Aftermarket), And By Geography - Forecasts From 2020 To 2025

Published:  May 2021 Report Code: KSI061613142 Pages: 131

The global automotive radiators market is evaluated at US$9.202 billion for the year 2019. Automotive radiators are a type of heat exchanger that is used in vehicles to cool the engine and the main purpose is to prevent the engine from overheating. The radiator is of two types namely copper and brass, and aluminum. 

The automotive industry is witnessing an increase in the production of passenger vehicles as well as commercial vehicles, which is causing the demand for radiators to rise, and thereby contributing to the market growth. Moreover, the stringent norms and regulations regarding engine emissions are encouraging manufacturers to produce good quality radiators which are also contributing to the market growth. Recently, it was found that nanofluid can be used for motor cooling.  Now research is being conducted to enhance the efficiency of the radiators used in automobiles. For this Titanium Dioxide water nanofluid was used as a cooling fluid at a concentration of 2% and it was found out that the effectiveness increased by 10%. Therefore, by optimizing the materials used in radiators and enhancing the cooling fluid the market holds good growth opportunities.

Furthermore, the increasing investments and participation of market players in research and development to improve these radiators and make them lighter and efficient to bolster the market growth over the forecast period.

The automotive radiators market has been segmented based on material type, vehicle type, end-user, and geography. By material type, the market has been classified as copper and brass, and aluminum. By vehicle type, the market is segmented as a passenger vehicle, light commercial vehicle, and heavy commercial vehicle. By end-user, the market has been segmented into OEMs and aftermarkets.

Aluminum to hold a significant market share

By material type, Aluminium is expected to hold a significant share in the automotive radiators market, which is attributable to the fact that the mass production of aluminum radiators is cheaper for the manufacturers than copper and brass radiators. One additional advantage is that it is lighter in weight as compared to copper and brass radiators.

The passenger vehicles segment will continue to account for major demand

By vehicle type, passenger vehicle is expected to hold a significant share in the market owing to the rising production of passenger vehicles coupled with rising demand for these vehicles due to the increasing purchasing power of people facilitated by the increase in their disposable income.

OEM’s dominate the automotive radiators market

The radiator is a very important component in the vehicle as it easily aids in the removal of heat from the engine, thus helping it cool down faster without causing any complications. By end-user, OEM’s are expected to hold a significant amount of share in the market owing to the fact that the vehicles which are produced by the automakers come fitted with either copper and brass or aluminum radiators.

The Asia Pacific will witness the fastest regional market growth

By geography, Asia Pacific is expected to hold a significant amount of share in the market, which is attributed to increasing production of vehicles in countries of this region like India and China and the increase in demand for passenger vehicles from some countries of this region, which is facilitated by the increasing disposable income of people. According to Maruti Suzuki India Limited, they sold around 133,296 vehicles which included domestic sales and export sales increasing from 128,338 vehicles in 2018, which was an increase of 3.9%. On 29 November,  the BMW Group, one of the largest automakers in the world, and Great Wall Motor are planning to invest around 650 million euros for the construction of a new vehicle production plant in China with a capacity of 160,000 vehicles per year under the joint venture Spotlight Automotive Limited. The planned phase of construction is from the year 2020 to 2022.

Some of the major companies included as a part of this report are MAHLE GmbH, DENSO CORPORATION, and Delphi Automotive.

Global Automotive Radiators Market Scope:
Report Metric Details
 Market size value in 2019  US$9.202 billion
 Growth Rate  CAGR during the forecast period
 Base year  2019
 Forecast period  2020–2025
 Forecast Unit (Value)  USD Billion
 Segments covered  Material Type, Vehicle Type, End-User, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Blaak Radiateuren VOF, MAHLE GmbH, Griffin Thermal Products, General Motors,   DENSO CORPORATION, Dolphin Heat Exchanger, Delphi Auto Parts, MODINE   MANUFACTURING COMPANY, Tianjin Yaxing Radiator Co., Ltd., Marelli Corporation
 Customization scope  Free report customization with purchase

 

Segmentation

  • By Material Type
    • Copper and Brass
    • Aluminum

 

  • By Vehicle Type
    • Passenger Vehicle
    • Light Commercial Vehicle
    • Heavy Commercial Vehicle

 

  • By End-User
    • OEM’s
    • Aftermarket

 

  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • Israel
      • UAE
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What is the size of the global automotive radiators market?
A1. Automotive Radiators Market was valued at US$9.202 billion in the year 2019.


Q2. Who are the major players in the global automotive radiators market?
A2. Some of the major players in the global automotive radiators market are MAHLE GmbH, DENSO CORPORATION, and Delphi Automotive.


Q3. Which region holds the largest market share in the global automotive radiators market?
A3. The Asia Pacific is expected to hold a significant amount of share in the market, which is attributed to the increasing production of vehicles in countries of this region like India and China.


Q4. How is the global automotive radiators market segmented?
A4. The global automotive radiators market has been segmented by material type, vehicle type, end-user, and geography.


Q5. What factors are anticipated to drive the global automotive radiators market growth?
A5. The automotive industry is witnessing an increase in the production of passenger vehicles as well as commercial vehicles, which is causing the demand for radiators to rise, and thereby contributing to the market growth.

1. Introduction
1.1. Market Definition
1.2. Market Segmentation
 
2. Research Methodology
2.1. Research Data
2.2. Assumptions
 
3. Executive Summary
3.1. Research Highlights
 
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
 
5. Global Automotive Radiators Market Analysis, by Material Type
5.1. Introduction
5.2. Copper and Brass
5.3. Aluminum
 
6. Global Automotive Radiators Market Analysis, by Vehicle Type
6.1. Introduction
6.2. Passenger Vehicle
6.3. Light Commercial Vehicle
6.4. Heavy Commercial Vehicle
 
7. Global Automotive Radiators Market Analysis, by End-User
7.1. Introduction
7.2. OEM’s
7.3. Aftermarket
 
8. Global Automotive Radiators Market Analysis, by Geography
8.1. Introduction
8.2. North America
8.2.1. North America Automotive Radiators Market, By Material Type, 2019 to 2025
8.2.2. North America Automotive Radiators Market, By Vehicle Type, 2019 to 2025
8.2.3. North America Automotive Radiators Market, By End-User, 2019 to 2025
8.2.4. By Country
8.2.4.1. USA
8.2.4.1.1. By Material Type
8.2.4.1.2. By Vehicle Type
8.2.4.1.3. By End-User
8.2.4.2. Canada
8.2.4.2.1. By Material Type
8.2.4.2.2. By Vehicle Type
8.2.4.2.3. By End-User
8.2.4.3. Mexico
8.2.4.3.1. By Material Type
8.2.4.3.2. By Vehicle Type
8.2.4.3.3. By End-User
8.3. South America
8.3.1. South America Automotive Radiators  Market, By Material Type, 2019 to 2025
8.3.2. South America Automotive Radiators  Market, By Vehicle Type, 2019 to 2025
8.3.3. South America Automotive Radiators  Market, By End-User, 2019 to 2025
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.1.1. By Material Type
8.3.4.1.2. By Vehicle Type
8.3.4.1.3. By End-User
8.3.4.2. Argentina
8.3.4.2.1. By Material Type
8.3.4.2.2. By Vehicle Type
8.3.4.2.3. By End-User
8.3.4.3. Others
8.4. Europe
8.4.1. Europe Automotive Radiators  Market, By Material Type, 2019 to 2025
8.4.2. Europe Automotive Radiators  Market, By Vehicle Type, 2019 to 2025
8.4.3. Europe Automotive Radiators  Market, By End-User, 2019 to 2025
8.4.4. By Country
8.4.4.1. Germany
8.4.4.1.1. By Material Type
8.4.4.1.2. By Vehicle Type
8.4.4.1.3. By End-User
8.4.4.2. France
8.4.4.2.1. By Material Type
8.4.4.2.2. By Vehicle Type
8.4.4.2.3. By End-User
8.4.4.3. United Kingdom
8.4.4.3.1. By Material Type
8.4.4.3.2. By Vehicle Type
8.4.4.3.3. By End-User
8.4.4.4. Spain
8.4.4.4.1. By Material Type
8.4.4.4.2. By Vehicle Type
8.4.4.4.3. By End-User
8.4.4.5. Others
8.5. Middle East and Africa
8.5.1. Middle East and Africa Automotive Radiators  Market, By Material Type, 2019 to 2025
8.5.2. Middle East and Africa Automotive Radiators  Market, By Vehicle Type, 2019 to 2025
8.5.3. Middle East and Africa Automotive Radiators  Market, By End-User, 2019 to 2025
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.1.1. By Material Type
8.5.4.1.2. By Vehicle Type
8.5.4.1.3. By End-User
8.5.4.2.  Israel
8.5.4.2.1. By Material Type
8.5.4.2.2. By Vehicle Type
8.5.4.2.3. By End-User
8.5.4.3. UAE
8.5.4.3.1. By Material Type
8.5.4.3.2. By Vehicle Type
8.5.4.3.3. By End-User
8.5.4.4. Others
8.6. Asia Pacific
8.6.1. Asia Pacific Automotive Radiators  Market, By Material Type, 2019 to 2025
8.6.2. Asia Pacific Automotive Radiators  Market, By Vehicle Type, 2019 to 2025
8.6.3. Asia Pacific Automotive Radiators  Market, By End-User, 2019 to 2025
8.6.4. By Country
8.6.4.1. China
8.6.4.1.1. By Material Type
8.6.4.1.2. By Vehicle Type
8.6.4.1.3. By End-User
8.6.4.2. Japan
8.6.4.2.1. By Material Type
8.6.4.2.2. By Vehicle Type
8.6.4.2.3. By End-User
8.6.4.3. South Korea
8.6.4.3.1. By Material Type
8.6.4.3.2. By Vehicle Type
8.6.4.3.3. By End-User
8.6.4.4. India
8.6.4.4.1. By Material Type
8.6.4.4.2. By Vehicle Type
8.6.4.4.3. By End-User
8.6.4.5. Others
 
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
 
10. Company Profiles
10.1. Blaak Radiateuren VOF
10.2. MAHLE GmbH
10.3. Griffin Thermal Products
10.4. General Motors
10.5. DENSO CORPORATION
10.6. Dolphin Heat Exchanger
10.7. Delphi Auto Parts
10.8. MODINE MANUFACTURING COMPANY
10.9. Tianjin Yaxing Radiator Co., Ltd.
10.10. Marelli Corporation

Blaak Radiateuren VOF

MAHLE GmbH

Griffin Thermal Products

General Motors

DENSO CORPORATION

Dolphin Heat Exchanger

Delphi Auto Parts

MODINE MANUFACTURING COMPANY

Tianjin Yaxing Radiator Co., Ltd.

Marelli Corporation

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