DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Automotive Heat Exchanger Market 2017-2021" report to their offering.
The analysts forecast the global automotive heat exchanger market to grow at a CAGR of 4.61% during the period 2017-2021.
Global Automotive Heat Exchanger Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is increase in the demand of lightweight and compact heat exchanger. The basic function of a heat exchanger is to remove the excess heat from the engine to prevent its wear and tear.
Currently, the downsized engines create more power from a very small displacement engine. As a result, these engines tend to get heated soon. Thus, such engines require an efficient heat exchanger so that the heat can be dissipated faster and efficiently.
One of the major drivers for this market is heavy dependence on ic engines for mobility in emerging countries. Emerging countries like India and China are witnessing an increase in the preference for mobility through roadways.
In 2016, IC engines held a market share of more than 95% of the total vehicles sold globally. In the commercial vehicle segment, there is hardly any vehicle that runs on battery or on alternate fuels. Hence, there is high reliance on IC engines for transportation.
Other prominent vendors:
- Calsonic Kansei
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Key leading countries
Part 09: Decision framework
Part 10: Drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/gsng9q/global_automotive