Automotive Intercooler Market Share

APAC Market Forecast

Automotive intercooler market in Asia Pacific is predicted to account for the largest share of 38% by 2037 impelled by the rapid urbanization. India's growing urbanization and increase in vehicle ownership have worsened traffic congestion in the country. This has raised the demand for efficient vehicles in the region to manage urban traffic, which necessitates the use of automotive intercoolers. In India, more than 40% of the population will live in urban areas by the middle of the year 2037.

North American Market Statistics

The North American automotive intercooler market is estimated to be the second largest, during the forecast timeframe led by increasing demand for passenger vehicles. Since many of the passenger vehicles are integrated with turbocharged engines, which is expected to rise the demand for automotive intercoolers in the region.