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Automotive Intercooler Market Report by Type (Air to Air Intercooler, Water to Air Intercooler), Design Type (Front Mounted Intercooler, Top Mounted Intercooler, Side Mounted Intercooler), Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, and Others), Engine Type (Supercharged Engine, Turbocharged Engine), Distribution (OEMs, Aftermarket), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A2361
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Market Overview:
The global automotive intercooler market size reached US$ 13.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 23.6 Billion by 2032, exhibiting a growth rate (CAGR) of 6.1% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 13.6 Billion |
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Market Forecast in 2032
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US$ 23.6 Billion |
| Market Growth Rate 2024-2032 | 6.1% |
An automotive intercooler is a heat exchanger device utilized for cooling the air entering the carburetor or fuel injection system. It is used as an air-to-air or air-to-water cooler for supercharged and turbocharged internal combustion engines to extract waste heat from the compressed air. It assists in increasing the efficiency of the induction system, improving combustion and enhancing the reliability of the engine. It also helps maximize the fuel economy and reduce the greenhouse gas (GHG) emissions of the vehicle.
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The growing automotive industry represents one of the significant factors impelling the automotive intercooler market growth. Besides this, the escalating demand for sports cars that incorporate turbocharged engines for high speed is strengthening the market growth. Turbochargers also help in downsizing the engine, which, in turn, helps offer improved output and performance. Moreover, due to the growing environmental concerns, governments of numerous countries are implementing stringent regulations on carbon dioxide (CO2) emission. Consequently, there is an increase in the sales of automotive intercoolers across the globe. Apart from this, the leading players are focusing on increasing research and development (R&D) projects to introduce innovative products with improved functionality.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive intercooler market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, design type, vehicle type, engine type and distribution.
Breakup by Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Air to Air Intercooler
- Water to Air Intercooler
Breakup by Design Type:
- Front Mounted Intercooler
- Top Mounted Intercooler
- Side Mounted Intercooler
Breakup by Vehicle Type:
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Others
Breakup by Engine Type:
- Supercharged Engine
- Turbocharged Engine
Breakup by Distribution:
- OEMs
- Aftermarket
Breakup by Region:
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- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Bell Intercoolers, Forge Motorsport Inc., Garrett Motion Inc., Kale Oto Radyator, Mishimoto, Modine Manufacturing, Pro-Alloy (Holdings) Limited, PWR Holdings Limited and Treadstone Performance Engineer.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Type, Design Type, Vehicle Type, Engine Type, Distribution, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Bell Intercoolers, Forge Motorsport Inc., Garrett Motion Inc., Kale Oto Radyator, Mishimoto, Modine Manufacturing, Pro-Alloy (Holdings) Limited, PWR Holdings Limited, Treadstone Performance Engineer |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global automotive intercooler market was valued at US$ 13.6 Billion in 2023.
We expect the global automotive intercooler market to exhibit a CAGR of 6.1% during 2024-2032.
The rising consumer environmental concerns, along with the introduction of innovative product variants with improved functionality, are primarily driving the global automotive intercooler market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt of numerous manufacturing units for vehicles, thereby negatively impacting the global market for automotive intercoolers.
Based on the type, the global automotive intercooler market has been divided into air-to-air intercooler and water-to-air intercooler, where air-to-air intercooler currently holds the majority of the total market share.
Based on the design type, the global automotive intercooler market can be segmented into front mounted intercooler, top mounted intercooler, and side mounted intercooler. Currently, front mounted intercooler exhibits a clear dominance in the market.
Based on the vehicle type, the global automotive intercooler market has been categorized into passenger cars, light commercial vehicles, heavy commercial vehicles, and others. Among these, passenger cars currently account for the largest market share.
Based on the engine type, the global automotive intercooler market can be bifurcated into supercharged engine and turbocharged engine. Currently, turbocharged engine exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global automotive intercooler market include Bell Intercoolers, Forge Motorsport Inc., Garrett Motion Inc., Kale Oto Radyator, Mishimoto, Modine Manufacturing, Pro-Alloy (Holdings) Limited, PWR Holdings Limited, and Treadstone Performance Engineer.
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