Charge Air Coolers Market Share

North American Market Forecast

North America region is estimated to be the highest with a market share of 38% by 2036. The rising focus on bringing optimum fuel efficiency in vehicles and the demand for highly-efficient vehicles by Americans are the key factors driving the market revenue. Furthermore, increasing spending capacity on highly developed technologies and new products will help flourish the market in the region.

APAC Market Statistics

The Asia Pacific charge air coolers market is set to account for 24% revenue share by the end of 2036. The manufacturers of charge air coolers are attracted to the Asia Pacific region owing to the large consumer base ready to adopt advanced charge air coolers for various products to increase their durability and reliability.

Additionally, countries present in the region including China, India, Japan, and South Korea are the leading exporters and importers of vehicles which are predicted to create a positive outlook toward market expansion in the region.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of charge air coolers is assessed at USD 12.31 Billion.

The charge air coolers market size was valued at USD 11.67 Billion in 2023 and is projected to reach USD 25.2 Billion by the end of 2036, expanding at around 6.1% CAGR during the forecast period i.e., between 2024-2036. Increasing demand for vehicles along with the rising usage of turbochargers in numerous products and rapid industrialization are some of the factors that are estimated to bring lucrative growth opportunities for market growth.

North America region is estimated to be the highest with a industry share of 38% by 2036, led by rising demand for highly-efficient vehicles.

Conflux Technology, MAHLE Group, Dana Incorporated, Hanon Systems Co., Ltd., DENSO Corporation, GEA Group AG, Marelli Corporation, Valeo Group, Kelvion Holding GmbH, Vestas aircoil A/S

Charge Air Coolers Market Share