Automotive Intercooler Market Size

Automotive Intercooler Market size was valued at USD 19.92 billion in 2024 and is anticipated to exceed USD 54.68 billion by the end of 2037, expanding at over 8.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of automotive intercooler is evaluated at USD 21.21 billion.

The reason behind the growth is impelled by growing R&D spending in the automotive sector worldwide. Research and development in any sector are a continuous process to improve the products. Moreover, the increasing research in the automobile industry is attributed to the high fuel prices, rising air pollution, and the global warming effects it causes. For instance, it was observed that in the year 2020, global R&D spending was more than USD 135 billion in the automotive sector.

The high prevalence of distillate fuels in transportation across the world are believed to fuel the automotive intercooler market growth. Distillate fuel is of higher quality and are commonly used in aviation industry, which require intercoolers to improve the power output and to optimize engine performance.

For instance, distillate fuels, primarily diesel accounted for 24% of total US transportation energy use in 2021.