Persistence Market Research has analyzed various facets of the automotive radiator market from a global standpoint and has skilfully presented them in its new research publication titled “Automotive Radiator Market: Global Industry Analysis (2012-2016) and Forecast (2017-2025).” The automotive radiator market research report covers various trends, opportunities, drivers and restraints influencing the growth of the global automotive radiator market along with regional analysis, competitive scenario and forecasts. This analysis focuses on each segment and sub-segment of the global market based on which analysts have given their opinions on the basis of various market dynamics.
The growth of the global automotive radiator market is influenced by various aspects across regions in the globe. Factors such as increasing adoption of hybrid powertrains, growing technological developments, growing agricultural sector proliferating the demand for heavy commercial vehicles, increasing investments in research and development, stringent emission norms, growing modifications in design for enhancement purposes, high replacement rate of old radiators, increasing demand for weight reduction of engine components propelling the demand for aluminum radiators, growing industries coupled with increasing urbanization, application of advanced nanofluids for enhancement of heat transfer and rising infrastructure spend and low interest rate are driving the growth of the global automotive radiator market. However factors such as counterfeiting in the aftermarket is challenging the growth of the global market for automotive radiators.
The global automotive radiator market is anticipated to grow at robust rate to register a CAGR of 5.4% during the period of forecast. The valuation of the global market is estimated to reach a figure higher than US$ 10 Bn by the end of the year of assessment from a value of around US$ 6,600 Mn in 2017.
The global automotive radiator market is segmented on the basis of product type, by sales channel, by vehicle type, by material type and by region.
The research report on global automotive radiator market includes profiles of key companies such as Valeo SA, Calsonic Kansei Corporation, Denso Corporation, Mahle GmbH, Zhejiang Yinlun Machinery Co., Ltd., Sanden Holdings Corporation, T.RAD Co., Ltd., TYC Brother Industrial Co. Ltd., Nissen A/S, Modine Manufacturing Company, Banco Products (I) Ltd., Keihin Corporation, PWR Advanced Cooling Technology, Nissim India Private Limited, Kor tech Auto Industries Pvt. Ltd., Spectra Premium, Griffin Thermal Products, Saldana Racing Products and MEZZO TECHNOLOGIES, INC.