Charge Air Coolers Market Trends

Growth Drivers

Growing Advancements in Engine Technology – The growing technological advancement in the sphere of engines has demanded an improvement in the design and performance of engines. As a result, there has been a surge in the utilization rate of charge air coolers owing to their enhancement in fuel efficiency and other advantages.
Rising Need to Protect the Environment – The application of air charge coolers helps in lowering the negative environmental impact by reducing emissions, energy consumption, and release of carbon dioxide.
Increasing use of Turbochargers – Due to the rising use of turbochargers in various applications of numerous industries, the demand for charge air coolers has also increased on account of their advantages in lowering the temperature, reliability, and durability.

Challenges

Increasing Adoption of Electric Vehicles – The demand for charge air coolers is positively related to the sales of vehicles with internal combustion in vehicle engines. As electric vehicles do not require cooling systems, their demand could hamper the charge air coolers market growth in the next few years.
Slow Adoption Rate in the Developing Countries
Requirement of Hefty Amounts in the Manufacturing Process

Charge Air Coolers Market: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	6.2%
Base Year Market Size (2024)	USD 12.39 billion
Forecast Year Market Size (2037)	USD 27.08 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of charge air coolers is assessed at USD 13.65 billion.

The charge air coolers market size was over USD 12.39 billion in 2024 and is projected to reach USD 27.08 billion by 2037, growing at around 6.2% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for vehicles along with the rising usage of turbochargers in numerous products and rapid industrialization will impel the market growth.

North America industry is expected to dominate majority revenue share of 38% by 2037, led by rising demand for highly-efficient vehicles.

The major players in the market are 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 Trends