South America Automotive Charge Air Cooler Market Forecast to 2028 – COVID

South America Automotive Charge Air Cooler Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – Type (Air-Cooled Charge Air Cooler and Liquid-Cooled Charge Air Cooler), Fuel Type (Gasoline and Diesel), Core Type (Tube, Fin, bar and Plate), and Vehicle Type (Passenger Cars, LCV, Trucks and Buses)

Report Code : BMIRE00027407 | Region : LAMEA | Industry : Automotive and Transportation | Published Date : 10/Nov/2022

The automotive charge air cooler market in SAM is expected to grow from US$ 85.13 million in 2022 to US$ 97.28 million by 2028. It is estimated to grow at a CAGR of 2.2% from 2022 to 2028.

Rise in demand for downsized engines

Shifting focus of countries towards fuel-efficient vehicles and government norms to promote fuel-efficient and environmental-friendly vehicles is driving the automotive charge air cooler market. Major automotive companies have been engaged in improving the existing engine technology through substantial R&D investments. This is likely to further boost the scope of improving performance and extending technology to a wide class of vehicle at a more compact size. Introduction of the standards is likely to act as a major opportunity for the adoption of charge air cooler technology.

Market Overview

The COVID-19 pandemic impacted South America hard, an area characterized by terrible national politics, a lack of good education in some subregions, and widespread poverty in several countries. The region's automobile industry, which is heavily reliant on imports and exports for revenue, suffered a financial setback due to the global transportation stop. Due to national politics and social movements, South America, particularly Brazil and Argentina, had a massive cash infusion into the automotive industry from 2013 to 2015. Due to COVID-19, this cash inflow was suspended. With the global lockdown lifting, the industry aims to climb back up the ladder and move toward greater sustainability. Furthermore, regional market participants are collaborating to increase their market share in the region. For instance, the Brazilian Antitrust Authority approved the formation of a joint venture between Fras-le, a Randon Company, a manufacturer of friction material products, and Federal-Mogul Motorparts, a global manufacturer and distributor of quality automotive parts, on December 7, 2017. The joint venture will focus on manufacturing and distributing premium turbo engine products to original equipment vehicle manufacturers and aftermarket customers in the light vehicle markets in Brazil. The JURID do Brasil Sistemas Automotivos Ltda joint venture will begin operations on January 8, 2018. Fras-le will hold around 80% of the company, while Federal-Mogul Motorparts will own 19.9%. Hence, mergers and acquisitions of this kind are likely to increase the market in the region.

SAM Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

SAM Automotive Charge Air Cooler Market Segmentation

The SAM automotive charge air cooler market is segmented into type, fuel type, core type, vehicle type, and country. Based on type, the market is segmented into air cooled charge air cooler and liquid cooled charge air cooler. The air cooled charge air cooler segment registered a larger market share in 2022.

Based on fuel type, the SAM automotive charge air cooler market is segmented into gasoline and diesel. The diesel segment registered a larger market share in 2022. Based on core type, the SAM automotive charge air cooler market is segmented into tube, fin, bar and plate. The fin segment registered the largest market share in 2022. Based on vehicle type, the SAM automotive charge air cooler market is segmented into passenger cars, LCV, trucks and buses. The passenger cars segment registered the largest market share in 2022. Based on country, the market is segmented into Brazil, Argentina, and Rest of SAM. South Africa dominated the market share in 2022. AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, and Valeo are the leading companies operating in the automotive charge air cooler market in the region.

At 2.2% CAGR, the SAM Automotive Charge Air Cooler Market is speculated to be worth US$ 97.28 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the SAM automotive charge air cooler market was valued at US$ 85.13 million in 2022 and is expected to reach US$ 97.28 million by 2028, registering an annual growth rate of 2.2% from 2022 to 2028. Rise in penetration of turbochargers in passenger cars and rise in demand for downsized engines are the critical factors attributed to the market expansion.

The turbocharger helps to reduce the vehicle’s emissions. The use of turbochargers reduces the displacement volume of the cylinder, which reduces the volume of the fuel required for the same power, and thereby reducing the exhaust emissions of the vehicle. It also increases fuel efficiency. It is because of these reasons that have promoted the adoption of turbocharger technology mainly on passenger cars. Passenger cars with conventional fuel include diesel and gasoline engines. Emission regulations, especially those affecting diesel engines have accelerated the rate of integration with turbochargers. Long-term revenue growth opportunities in the automotive charge air cooler market have stemmed from the cutting-edge designs of turbochargers that can help customers meet upcoming emission standards. Recent developments confirm that turbochargers have gained from rapidly increasing use of the technology in diesel vehicles, thus improving the outlook of the automotive charge air cooler market. Stricter fuel economy regulations with significantly higher targets and strict restrictions on greenhouse gases that include carbon dioxide from engine exhaust emissions have spurred the shift of a performance segment towards a mainstream fuel-saving presence. This all above mentioned factors owe to the growth of automotive charge air cooler market.

On the contrary, rising demand for electric vehicles hurdles the growth of SAM automotive charge air cooler market.

Based on type, the SAM automotive charge air cooler market is segmented into air cooled charge air cooler and liquid cooled charge air cooler. The air cooled charge air cooler segment held 64.6% market share in 2022, amassing US$ 55.02 million. It is projected to garner US$ 60.31 million by 2028 to expand at 1.5% CAGR during 2022–2028. Based on fuel type, the SAM automotive charge air cooler market is segmented into gasoline and diesel. The diesel segment held 79.4% market share in 2022, amassing US$ 67.56 million. It is projected to garner US$ 75.78 million by 2028 to expand at 1.9% CAGR during 2022–2028. Based on core type, the SAM automotive charge air cooler market is segmented into tube, fin, bar and plate. The fin segment held 44.6 % market share in 2022, amassing US$ 37.97 million. It is projected to garner US$ 42.03 million by 2028 to expand at 1.7% CAGR during 2022–2028. Based on vehicle type, the SAM automotive charge air cooler market is segmented into passenger cars, LCV, trucks and buses. The passenger cars segment held 47.0% market share in 2022, amassing US$ 40.03 million. It is projected to garner US$ 45.79 million by 2028 to expand at 2.3% CAGR during 2022–2028. Based on country, the SAM automotive charge air cooler market is segmented Brazil, Argentina, and Rest of SAM. Our regional analysis states that Brazil captured 69.2% market share in 2022. It was assessed at US$ 58.94 million in 2022 and is likely to hit US$ 68.29 million by 2028, exhibiting a CAGR of 2.5% during the forecast period. Key players dominating the SAM automotive charge air cooler market are AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, and Valeo among others.

In 2020, BorgWarner Inc. has announced that it has completed its acquisition of Delphi Technologies. This merger of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities and scale, and also aftermarket business. In 2022, Vestas aircoil A/S created a cooler with numerous mounted temperature sensors (thermocouples). According to the business, this is a tiny but crucial step in the effort to create digital twins of the coolers. The sensors, which are installed close to the coolers' walls, will be utilized to assess both the local temperature distribution and our structural model.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. SAM Automotive Charge Air Cooler Market Landscape

4.1 Market Overview

4.2 SAM PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Automotive Charge Air Cooler Market – Key Industry Dynamics

5.1 Market Drivers

5.1.1 Rise in penetration of turbochargers in passenger cars

5.1.2 Rise in demand for downsized engines

5.2 Market Restraints

5.2.1 Rising demand for electric vehicles

5.3 Market Opportunities

5.3.1 Implementation of fuel-efficient engines

5.4 Future Trends

5.4.1 3D printed water charge air cooler

5.5 Impact Analysis of Drivers and Restraints

6. Automotive Charge Air Cooler Market – SAM Analysis

6.1 SAM Automotive Charge Air Cooler Market Overview

6.2 SAM Automotive Charge Air Cooler Market Forecast and Analysis

7. SAM Automotive Charge Air Cooler Market Analysis – By Type

7.1 Overview

7.2 SAM Automotive Charge Air Cooler Market, By Type (2021 And 2028)

7.3 Air-cooled Charge Air Cooler

7.3.1 Overview

7.3.2 Air-cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

7.4 Liquid-Cooled Charge Air Cooler

7.4.1 Overview

7.4.2 Liquid-Cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

8. SAM Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Fuel Type

8.1 Overview

8.2 SAM Automotive Charge Air Cooler Market, By Fuel Type (2021 And 2028)

8.3 Gasoline

8.3.1 Overview

8.3.2 Gasoline: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

8.4 Diesel

8.4.1 Overview

8.4.2 Diesel: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

9. SAM Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Core Type

9.1 Overview

9.2 SAM Automotive Charge Air Cooler Market, By Core Type (2021 And 2028)

9.3 Tube

9.3.1 Overview

9.3.2 Tube: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

9.4 Fin

9.4.1 Overview

9.4.2 Fin: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

9.5 Bar

9.5.1 Overview

9.5.2 Bar: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

9.6 Plate

9.6.1 Overview

9.6.2 Plate: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

10. SAM Automotive Charge Air Cooler Market Revenue and Forecast to 2028 – Vehicle Type

10.1 Overview

10.2 SAM Automotive Charge Air Cooler Market, By Vehicle Type (2021 And 2028)

10.3 Passenger cars

10.3.1 Overview

10.3.2 Passenger cars: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

10.4 LCV

10.4.1 Overview

10.4.2 LCV: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

10.5 Trucks

10.5.1 Overview

10.5.2 Trucks: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

10.6 Buses

10.6.1 Overview

10.6.2 Buses: Automotive Charge Air Cooler Market Revenue and Forecast To 2028 (US$ Million)

11. SAM Automotive Charge Air Cooler Market – Country Analysis

11.1 Overview

11.1.1 SAM Automotive Charge Air Cooler Market Breakdown, by Country

11.1.1.1 Brazil Automotive Charge Air Cooler Market, Revenue and Forecast to 2028

11.1.1.1.1 Brazil Automotive Charge Air Cooler Market Breakdown, By Type

11.1.1.1.2 Brazil Automotive Charge Air Cooler Market Breakdown, By Fuel Type

11.1.1.1.3 Brazil Automotive Charge Air Cooler Market Breakdown, By Core Type

11.1.1.1.4 Brazil Automotive Charge Air Cooler Market Breakdown, By Vehicle Type

11.1.1.2 Argentina Automotive Charge Air Cooler Market, Revenue and Forecast to 2028

11.1.1.2.1 Argentina Automotive Charge Air Cooler Market Breakdown, By Type

11.1.1.2.2 Argentina Automotive Charge Air Cooler Market Breakdown, By Fuel Type

11.1.1.2.3 Argentina Automotive Charge Air Cooler Market Breakdown, By Core Type

11.1.1.2.4 Argentina Automotive Charge Air Cooler Market Breakdown, By Vehicle Type

11.1.1.3 Rest of SAM Automotive Charge Air Cooler Market, Revenue and Forecast to 2028

11.1.1.3.1 Rest of SAM Automotive Charge Air Cooler Market Breakdown, By Type

11.1.1.3.2 Rest of SAM Automotive Charge Air Cooler Market Breakdown, By Fuel Type

11.1.1.3.3 Rest of SAM Automotive Charge Air Cooler Market Breakdown, By Core Type

11.1.1.3.4 Rest of SAM Automotive Charge Air Cooler Market Breakdown, By Vehicle Type

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

13. Company Profiles

13.1 Dana Limited

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Delphi Technologies Plc (BORGWARNER INC.)

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 AKG Group

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Hanon Systems

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 DuPont.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Mahle GmbH

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Modine Manufacturing Company

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Valeo

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES.

Table 1. SAM Automotive Charge Air Cooler Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. SAM Automotive Charge Air Cooler Market, Revenue and Forecast To 2028 – By Country (US$ Million)

Table 3. Brazil Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 4. Brazil Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)

Table 5. Brazil Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)

Table 6. Brazil Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)

Table 7. Argentina Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 8. Argentina Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)

Table 9. Argentina Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)

Table 10. Argentina Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)

Table 11. Rest of SAM Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 12. Rest of SAM Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Fuel Type (US$ Million)

Table 13. Rest of SAM Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Core Type (US$ Million)

Table 14. Rest of SAM Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 – By Vehicle Type (US$ Million)

Table 15. List of Abbreviation

LIST OF FIGURES.

Figure 1. SAM Automotive Charge Air Cooler Market Segmentation

Figure 2. SAM Automotive Charge Air Cooler Market Segmentation – By Country

Figure 3. SAM Automotive Charge Air Cooler Market Overview

Figure 4. Air-Cooled Charge Air Cooler Segment held the Largest Share of Automotive Charge Air Cooler Market

Figure 5. Brazil to Show Great Traction During Forecast Period

Figure 6. South America – PEST Analysis

Figure 7. Ecosystem Analysis: Automotive Charge Air Cooler Market

Figure 8. Expert Opinion

Figure 9. SAM Automotive Charge Air Cooler Market: Impact Analysis of Drivers and Restraints

Figure 10. SAM Automotive Charge Air Cooler Market Forecast and Analysis (US$ Million)

Figure 11. SAM Automotive Charge Air Cooler Market, By Type (2021 and 2028)

Figure 12. SAM Air-cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. SAM Liquid-Cooled Charge Air Cooler: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. SAM Automotive Charge Air Cooler Market, By Fuel Type (2021 and 2028)

Figure 15. SAM Gasoline: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. SAM Diesel: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. SAM Automotive Charge Air Cooler Market, By Core Type (2021 and 2028)

Figure 18. SAM Tube: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. SAM Fin: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. SAM Bar: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. SAM Plate: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. SAM Automotive Charge Air Cooler Market, By Vehicle Type (2021 and 2028)

Figure 23. SAM Passenger cars: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 24. SAM LCV: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 25. SAM Trucks: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 26. SAM Buses: Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million)

Figure 27. SAM: Automotive Charge Air Cooler Market, by Key Country – Revenue (2021) (US$ Million)

Figure 28. SAM Automotive Charge Air Cooler Market Breakdown, by Country, 2021 & 2028 (%)

Figure 29. Brazil Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)

Figure 30. Argentina Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)

Figure 31. Rest of SAM Automotive Charge Air Cooler Market, Revenue and Forecast to 2028 (US$ Million)

The List of Companies - South America Automotive Charge Air Cooler Market

● AKG Group

● Dana Limited

● Delphi Technologies Plc (BORGWARNER INC.)

● DuPont

● Hanon Systems

● Mahle GmbH

● Modine Manufacturing Company

● Valeo

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM automotive charge air cooler market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the SAM automotive charge air cooler market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the automotive charge air cooler market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

TOP