Due to the increasing production of cars the world over and the increasing vehicle parc, the market for global car radiator is being boosted. Also, as there are stringent emission norms enacted by governments all over the world, the global automotive industry is now developing cars that are more fuel efficient and that give out minimum emissions.
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Due to this, there is a trend of producing hybrid vehicles and this trend is expected to continue during the coming years. In order to effectively cool the components in hybrid cars, multi-layer radiator systems are required that use advanced coolant and even multiple radiator for cooling the engine, battery and the motors. This trend, in particular, is also responsible for the increasing demand for car radiators. Moreover, strict carbon emission norms and an emphasis on increasing the fuel efficiency of the cars are the other factors that are responsible for the growth of the global car radiator market.
According to the assessment of Fact.MR, the global car radiator market is forecasted to reach a figure of about US$ 4,970 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.
Down-Flow Product Type Segment Slated to Touch a Value of More than US$ 2,500 Mn in 2022
According to the projections of Fact.MR, the down-flow product type segment is expected to reach a value of more than US$ 2,500 Mn in the year 2022. This signifies a robust CAGR during the forecast period of 2017-2022. The down-flow product type segment is estimated to account for nearly half of the revenue share of the product type segment by the end of the year 2017 and is expected to gain in market share by 2022 over 2017.
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Aluminum Material Type Segment to Exhibit a CAGR of More than 6% During the Assessment Period
According to the assessment of Fact.MR, the aluminum material type segment is poised to touch a figure of about US$ 3,890 Mn in the year 2022. This signifies a CAGR of more than 6% during the assessment period from 2017 till the year 2022. The aluminum material type segment is estimated to account for more than three-fourths of the revenue share of the material type segment by the end of the year 2017 and is projected to gain market share by 2022 over 2017.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global car radiator market through 2022, which include Valeo SA, Denso Corporation, MAHLE GmbH, Modine Manufacturing Company, Sanden Holdings Corporation, T.RAD Co., Ltd, TYC Brother Industrial Co., Ltd., Zhejiang Yinlun Machinery Co., Ltd and Banco Products (India) Ltd.
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About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
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Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
Get | Download Free Sample Copy @ https://www.factmr.com/connectus/sample?flag=S&rep_id=325
Due to this, there is a trend of producing hybrid vehicles and this trend is expected to continue during the coming years. In order to effectively cool the components in hybrid cars, multi-layer radiator systems are required that use advanced coolant and even multiple radiator for cooling the engine, battery and the motors. This trend, in particular, is also responsible for the increasing demand for car radiators. Moreover, strict carbon emission norms and an emphasis on increasing the fuel efficiency of the cars are the other factors that are responsible for the growth of the global car radiator market.
According to the assessment of Fact.MR, the global car radiator market is forecasted to reach a figure of about US$ 4,970 Mn in 2022 and is poised to exhibit a robust CAGR in the period of assessment.
Down-Flow Product Type Segment Slated to Touch a Value of More than US$ 2,500 Mn in 2022
According to the projections of Fact.MR, the down-flow product type segment is expected to reach a value of more than US$ 2,500 Mn in the year 2022. This signifies a robust CAGR during the forecast period of 2017-2022. The down-flow product type segment is estimated to account for nearly half of the revenue share of the product type segment by the end of the year 2017 and is expected to gain in market share by 2022 over 2017.
View Full Report@:- https://www.factmr.com/report/325/car-radiator-market
Aluminum Material Type Segment to Exhibit a CAGR of More than 6% During the Assessment Period
According to the assessment of Fact.MR, the aluminum material type segment is poised to touch a figure of about US$ 3,890 Mn in the year 2022. This signifies a CAGR of more than 6% during the assessment period from 2017 till the year 2022. The aluminum material type segment is estimated to account for more than three-fourths of the revenue share of the material type segment by the end of the year 2017 and is projected to gain market share by 2022 over 2017.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global car radiator market through 2022, which include Valeo SA, Denso Corporation, MAHLE GmbH, Modine Manufacturing Company, Sanden Holdings Corporation, T.RAD Co., Ltd, TYC Brother Industrial Co., Ltd., Zhejiang Yinlun Machinery Co., Ltd and Banco Products (India) Ltd.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=325
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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