Automotive Intercooler Market Share, Size, Growth, Forecast 2023-2028

Automotive Intercooler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2361

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Market Overview:

The global automotive intercooler market size reached US$ 12.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.1 Billion by 2028, exhibiting a growth rate (CAGR) of 6.85% during 2023-2028.

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.

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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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.

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 2023-2028. Our report has categorized the market based on type, design type, vehicle type, engine type and distribution.

Breakup by Type:

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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	2022
Historical Period	2017-2022
Forecast Period	2023-2028
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 and Treadstone Performance Engineer
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
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)

Key Questions Answered in This Report

The global automotive intercooler market was valued at US$ 12.8 Billion in 2022.

We expect the global automotive intercooler market to exhibit a CAGR of 6.85% during 2023-2028.

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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