Automotive Charge Air Cooler Market Size, Share & Industry Analysis, By Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicle), By Product Type (Air-Cooled Charge Air Cooler, Liquid Cooled Charge Air Cooler), By Sales Channel (OEM, Aftermarket) And Regional Forecast, 2024-2032

An automotive charge air cooler is generally used to decrease the temperature of compressed air from the turbo beforehand it goes into the consumption manifold or the combustion chambers. The air compressed by the charger has a comparatively high temperature, which eventually lowers the intensity of air, which results in less availability of oxygen during combustion. The main use of the charge air cooler is to decrease the air temperature, thus increasing the density of air which will eventually reduce emission and increase engine efficiency of the vehicles.

The rise in demand for fuel-efficient vehicles with an increase in concerns related to emission to minimize carbon emission is estimated to boost the growth of the market. the increase in the passenger vehicles production in developing countries such as China, Mexico, Indonesia, India and Brazil. Due to increase spending power and better availability of car loans is expected to drive the growth of the market.

However, electric cars don’t use automotive charge air coolers with is expected to hamper the growth of the market. Also, due to the increase in prices of fuel and environmental awareness the people in North  America and Europe are opting to buy electric vehicles which eventually restraints the growth of the market.

Key Market Driver -

Increased fuel efficiency and reduction in carbon emission offered by automotive charge air coolers are expected to drive the growth of the market.

Key Market Restraint -

the automotive charge air coolers cannot be equipped in the electric vehicles hence, the increased sales of electric vehicles are expected to hamper the growth of the market.

Market Segmentation:

The global automotive charge air cooler market is segmented by vehicle type, by product type, by sales channel, and by geography. Based on product type the market is segmented into air-cooled charge air cooler and liquid-cooled charge air cooler. Liquid-cooled charge air cooler segmented is anticipated to be the fastest-growing segment over the forecast period. Liquid-cooled charge air coolers are comparatively more efficient and they meet stringent emissions regulations they also enhance fuel efficiency and engine power of the vehicle. It offers great flexibility in the position of installation and it also improves stability in charged air temperature. These are some of the major factors driving the growth of the market.

Based on Vehicle type the market is segmented by passenger cars, light commercial vehicles and heavy commercial vehicles. Passenger cars accounted for the largest market share in the year 2020 and it is expected to dominate the market over the forecast period. The increase in production of passenger vehicles in highly populated and developing countries like China, Mexico and India are expected to drive the growth of the market.

Based on the sales channel the market is divided into OEM and aftermarket. The aftermarket segment is expected to account for the largest market share during the forecast period. The increase in demand for automotive charge air coolers in mid-ranged vehicles and easy installation of air cooler systems are expected to drive the growth of the market.

Key Players:

Major players operating in the global automotive charge air cooler market include Modine Manufacturing Company, Valeo SA, Dana Incorporated, T. RAD Co. Ltd., and MAHLE GmbH, among others. These are the major players of the market along with other competitors in the market.

Key Insights

• New Advancements in the automotive charge air cooler market.


• Number of Products, Key Countries, 2020


• New Product Launches, Key Players

Regional Analysis:

Geographically, the global automotive charge air cooler market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America held the largest share of the market in 2020 and it is expected to dominate the market during the forecast period with the highest CAGR. The increase in demand for fuel-efficient and emission-free vehicles in the region are some of the major factors driving the growth of the market. Additionally, an increased rate of implementation of advanced technology in the region is expected to boost the market.

Moreover, the Asia Pacific is estimated to be the second-largest revenue-generating region for the market and it is expected to grow with rapid CAGR over the forecast period. The increase in the industrial sector with rapid urbanisation in the highly populated countries in the APAC region such as China, India and Indonesia are resulting in the growth of the market. Europe is expected to account for considerable market share during the forecast period. The presence of major market players and the increase in the adoption of emission-free vehicles are some of the major factors driving the growth of the market.

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Segmentation