Automotive Charge Air Cooler Market Projected to Reach $3.9 Billion by 2026
The report “ Automotive Charge Air Cooler Market by Type (Air-cooled, Liquid-cooled), Position(Integrated, Standalone), Design(Tube & Fin, Bar & Plate), Fuel Type(Gasoline, Diesel), Vehicle(PC, LCV, Truck, Bus), Material, Sales Channel & Region – Global Forecast to 2026 ” Automotive charge air cooler market is estimated to be USD 2.8 Billion in 2021 and is projected to grow to USD 3.9 Billion by 2026, at a CAGR of 7.1% during the forecast period. Asia Pacific is estimated to have the largest market for charge air coolers, backed by strong demand and production of passenger vehicles and emission regulations in various countries. The growth of fuel-efficient vehicles has positively influenced the Asia Pacific automotive charge air cooler market. Also, the region has the presence of leading charge air cooler manufacturers like Hanon Systems, T.RAD Co. Ltd., Marelli, and Denso Corporation, thus creating growth opportunities for the market in the region. These compan...