The automotive charge air cooler market in North America is expected to grow from US$ 534.26 million in 2022 to US$ 731.72 million by 2028. It is estimated to grow at a CAGR of 5.4% from 2022 to 2028.
The 3D printed charge air cooler is scalable, configurable, and ultra-efficient that outperforms other leading charge air coolers for the racing and premium automotive markets. Technology company Conflux has launched a 3D printed product, the Charge Air Cooler (WCAC), which uses water as the cooling medium. In addition to its performance advantages, Conflux WCAC can also be customized according to customer requirements in terms of performance, size and installation. The Conflux’s charge air cooler has a 15% reduction in core volume, a 24% reduction in air side pressure drop, and an 82% reduction in cooling hydraulic pressure at the same heat exchange level. Wet mass is reduced by 39% and dry weight is reduced by 31%. However, with the launch of its WCAC, the company has announced a significant shift from a traditional service-driven model, to a product-driven one, in a step it considers to be the first in an ongoing productization strategy. These all advantages of 3D printed water charge air coolers will propel the demand for automotive charge air cooler across the region.
The 3D printed charge air cooler is scalable, configurable, and ultra-efficient that outperforms other leading charge air coolers for the racing and premium automotive markets. Technology company Conflux has launched a 3D printed product, the Charge Air Cooler (WCAC), which uses water as the cooling medium. In addition to its performance advantages, Conflux WCAC can also be customized according to customer requirements in terms of performance, size and installation. The Conflux’s charge air cooler has a 15% reduction in core volume, a 24% reduction in air side pressure drop, and an 82% reduction in cooling hydraulic pressure at the same heat exchange level. Wet mass is reduced by 39% and dry weight is reduced by 31%. However, with the launch of its WCAC, the company has announced a significant shift from a traditional service-driven model, to a product-driven one, in a step it considers to be the first in an ongoing productization strategy. These all advantages of 3D printed water charge air coolers will propel the demand for automotive charge air cooler across the region.
Market Overview
North America automotive charge air cooler market is segmented into major economies such as the US, Canada, and Mexico. North America is one of the prominent regions for the automotive charge air cooler market vendors owing to the robust automotive industry. In 2020, North America produced approximately 13.4 million automobiles. The United States produced over 8.8 million vehicles, while Mexico and Canada combined produced only about 4.6 million. Like many other industrial industries in the region, vehicle production has slowed in recent years due to rising production costs, shifting supply chains, and stoppages connected to the coronavirus outbreak. However, the free trade agreement between Canada, the United States, and Mexico has a long list of critics, the pact has opened up the flow of goods and capital across North America, which is now critical to the automotive industry's supply chain. The new "United States-Mexico-Canada Agreement," agreed upon in October 2018, stipulates those rules of origin (ROO) for automobiles be followed, with 75 percent of the finished vehicle's value coming from inside the regulated region a 12.5 percent increase. Hence, increasing production of automobiles across the region is anticipated to propel the market over the forecast period.North America Automotive Charge Air Cooler Market Segmentation
The North America automotive charge air cooler market is segmented into type, fuel type, core type, vehicle type, and country.- Based on type, the market is segmented into air cooled charge air cooler and liquid cooled charge air cooler. The air cooled charge air cooler segment registered a larger market share in 2022.
- Based on fuel type, the North America automotive charge air cooler market is segmented into gasoline and diesel. The diesel segment registered a larger market share in 2022.
- Based on core type, the North America automotive charge air cooler market is segmented into tube, fin, bar and plate. The fin segment registered the largest market share in 2022.
- Based on vehicle type, the North America automotive charge air cooler market is segmented into passenger cars, LCV, trucks and buses. The passenger cars segment registered the largest market share in 2022.
- Based on country, the market is segmented into US, Canada, and Mexico. US dominated the market share in 2022. AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, T. RAD Co. Ltd., Valeo, and Vestas aircoil A/S are the leading companies operating in the automotive charge air cooler market in the region.
Table of Contents
1. Introduction
3. Research Methodology
4. North America Automotive Charge Air Cooler Market Landscape
5. North America Automotive Charge Air Cooler Market - Key Industry Dynamics
6. Automotive Charge Air Cooler Market - North America Analysis
7. North America Automotive Charge Air Cooler Market Analysis - By Type
8. North America Automotive Charge Air Cooler Market Revenue and Forecast to 2028 - Fuel Type
9. North America Automotive Charge Air Cooler Market Revenue and Forecast to 2028 - Core Type
10. North America Automotive Charge Air Cooler Market Revenue and Forecast to 2028 - Vehicle Type
11. North America Automotive Charge Air Cooler Market - Country Analysis
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
- Akg Group
- Dana Limited
- Delphi Technologies Plc (Borgwarner Inc.)
- Dupont
- Hanon Systems
- Mahle Gmbh
- Modine Manufacturing Company
- T. Rad Co. Ltd.
- Valeo
- Vestas Aircoil A/S
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 127 |
| Published | November 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( $ | $ 534.26 Million |
| Forecasted Market Value ( $ | $ 731.72 Million |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | North America |
| No. of Companies Mentioned | 10 |
