Global Automotive Heat Exchanger Market to 2032
Overview
The Global Automotive Heat Exchanger Market is expected to reach a 56.13 USD Billion by 2032 and is projected to grow at a CAGR of 7.11% from 2025 to 2032.
Revenue, 2024 (USD Billion)
33.45
Forecast, 2032 (USD Billion)
56.13
CAGR, 2024 - 2032
7.11%
Report Coverage
Global
Global Automotive Heat Exchanger Market 2018-2032 USD Billion
Global Automotive Heat Exchanger Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 33.45 USD Billion
- Projected Market Size (2032): 56.13 USD Billion
- CAGR (2025-2032): 7.11%
Key Findings of Global Automotive Heat Exchanger Market
- The Global Automotive Heat Exchanger Market was valued at 56.13 USD Billion in 2024.
- The Global Automotive Heat Exchanger Market is likely to grow at a CAGR of 7.11% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Internal Combustion Engine (ICE) in Propulsion Type Segment accounted for the largest share of the market with a revenue of 24.62 USD Billion
- The fastest growing segment Intercooler in Application Segment grew Fastest with a CAGR of 7.83% during the forecast period from 2024 to 2032.
Global Automotive Heat Exchanger Market Scope
Global Automotive Heat Exchanger Market Segmentation & Scope
Vehicle Type
- Heavy Commercial Vehicle
- Light Commercial Vehicle
- Passenger Car
Propulsion Type
- Electric Vehicle (EV)
- Internal Combustion Engine (ICE)
Material
- Others
- Copper
- Aluminum
Design Type
- Others
- Plate Bar
- Tube Fin
Application
- Oil Cooler
- Others
- Air Conditioning
- Radiator
- Intercooler
Global Automotive Heat Exchanger Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 33.45 USD Billion |
| Market Value in 2032 | 56.13 USD Billion |
| CAGR (2025-2032) | 7.11% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Propulsion Type,Material,Design Type,Application |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 33.45 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 6,447.56 USD Million in 2024.
Segments and Scope
-
Global Automotive Heat Exchanger Market to 2032, By Vehicle Type
- Passenger Car is the largest segment in Global Automotive Heat Exchanger Market to 2032 with a revenue of 20.82 USD Billion in the year 2024.
- Passenger Car is the Fastest growing segment in Global Automotive Heat Exchanger Market to 2032 with a Growth rate of 7.40 % in forecast period 2025-2032.
-
Global Automotive Heat Exchanger Market to 2032, By Propulsion Type
- Internal Combustion Engine (ICE) is the largest segment in Global Automotive Heat Exchanger Market to 2032 with a revenue of 24.62 USD Billion in the year 2024.
- Electric Vehicle (EV) is the Fastest growing segment in Global Automotive Heat Exchanger Market to 2032 with a Growth rate of 6.93 % in forecast period 2025-2032.
-
Global Automotive Heat Exchanger Market to 2032, By Material
- Aluminum is the largest segment in Global Automotive Heat Exchanger Market to 2032 with a revenue of 22.64 USD Billion in the year 2024.
- Aluminum is the Fastest growing segment in Global Automotive Heat Exchanger Market to 2032 with a Growth rate of 7.35 % in forecast period 2025-2032.
-
Global Automotive Heat Exchanger Market to 2032, By Design Type
- Tube Fin is the largest segment in Global Automotive Heat Exchanger Market to 2032 with a revenue of 19.70 USD Billion in the year 2024.
- Tube Fin is the Fastest growing segment in Global Automotive Heat Exchanger Market to 2032 with a Growth rate of 7.41 % in forecast period 2025-2032.
-
Global Automotive Heat Exchanger Market to 2032, By Application
- Intercooler is the largest segment in Global Automotive Heat Exchanger Market to 2032 with a revenue of 13.39 USD Billion in the year 2024.
- Intercooler is the Fastest growing segment in Global Automotive Heat Exchanger Market to 2032 with a Growth rate of 7.83 % in forecast period 2025-2032.
Global Automotive Heat Exchanger Market Company Share Analysis
| Company Name |
|
||
| Denso Corporation | |||
| Hanon Systems | |||
| Mahle GmbH | |||
| Valeo | |||
| T.RAD Co., Ltd. | |||
Global Automotive Heat Exchanger Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Automotive Heat Exchanger Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Automotive Heat Exchanger Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Material,Design Type,Application.
Global Automotive Heat Exchanger Market was valued at USD 33.45(Revenue in USD Billion) in 2020.
Global Automotive Heat Exchanger Market is projected to grow at a CAGR of 7.11% during the forecast period of 2024 to 2032.
The Internal Combustion Engine (ICE) segment is expected to dominate the Global Automotive Heat Exchanger Market, holding a largest market share of 24.62 USD Billion in 2024
Global Automotive Heat Exchanger Market Scope
Global Automotive Heat Exchanger Market Segmentation & Scope
Vehicle Type
- Heavy Commercial Vehicle
- Light Commercial Vehicle
- Passenger Car
Propulsion Type
- Electric Vehicle (EV)
- Internal Combustion Engine (ICE)
Material
- Others
- Copper
- Aluminum
Design Type
- Others
- Plate Bar
- Tube Fin
Application
- Oil Cooler
- Others
- Air Conditioning
- Radiator
- Intercooler
Frequently Asked Questions
The Global Automotive Heat Exchanger Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Material,Design Type,Application.
Global Automotive Heat Exchanger Market was valued at USD 33.45(Revenue in USD Billion) in 2020.
Global Automotive Heat Exchanger Market is projected to grow at a CAGR of 7.11% during the forecast period of 2024 to 2032.
The estimated market value of the Global Automotive Heat Exchanger Market for final year is USD 56.13 (USD Billion).
Global Automotive Heat Exchanger Market Company Profiling
Frequently Asked Questions
The Global Automotive Heat Exchanger Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Material,Design Type,Application.
Global Automotive Heat Exchanger Market was valued at USD 33.45(Revenue in USD Billion) in 2020.
Global Automotive Heat Exchanger Market is projected to grow at a CAGR of 7.11% during the forecast period of 2024 to 2032.
The estimated market value of the Global Automotive Heat Exchanger Market for final year is USD 56.13 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.