Automotive Radiator Market to hit US$ 15.14 Billion by 2033, says … – GlobeNewswire

| Source: Persistence Market Research Persistence Market Research
New York, New York, UNITED STATES
New York, April 26, 2023 (GLOBE NEWSWIRE) — At the end of 2022, sales of automotive radiators were valued at about $8.56 Billion USD. By 2033, the Automotive Radiator Market is anticipated to grow at a 5.3% CAGR and reach a value of US$ 15.14 Billion. The automotive radiator market is a crucial segment of the automotive industry, as radiators play a vital role in managing the engine temperature and ensuring optimal performance.

Radiators are used in vehicles to dissipate heat generated during combustion, preventing the engine from overheating. They are an essential component of the cooling system, which helps regulate the temperature of the engine and maintain its efficiency.
The global automotive radiator market has witnessed significant growth in recent years, driven by factors such as increasing vehicle production, growing demand for electric vehicles, and technological advancements in radiator design and materials.
Click Here to Get Free Sample Copy of this Report@
Market Trends
The global automotive industry has been witnessing steady growth in vehicle production, particularly in emerging economies such as China, India, and Southeast Asian countries. The rising demand for passenger cars, commercial vehicles, and electric vehicles has resulted in higher demand for radiators. Moreover, the increasing adoption of advanced engine technologies and stringent emission regulations have led to the development of more efficient and sophisticated radiators to meet the requirements of modern engines.
The growing demand for electric vehicles (EVs) is another significant driver of the automotive radiator market. EVs use radiators for cooling the battery, power electronics, and other components, as they generate heat during operation. The increasing adoption of EVs, supported by government initiatives and regulations promoting clean and green transportation, is expected to boost the demand for radiators specifically designed for electric powertrains. These radiators are designed to handle the unique cooling requirements of EVs, such as cooling the battery pack and managing the heat generated by power electronics.
Technological advancements have been a major driver of innovation in the automotive radiator market. Manufacturers are constantly investing in research and development to develop more efficient and lightweight radiators that can provide better performance while reducing weight and size. For instance, the use of aluminum, which offers superior heat dissipation properties and is lightweight compared to traditional copper and brass radiators, has gained significant traction in recent years. Additionally, advancements in radiator design, such as microchannel radiators, which have smaller channels for improved heat transfer, are gaining popularity due to their higher efficiency and compact size.
Key Companies –
Important Key Players for Automotive Radiator Market are General Electric, Calsonic Kansei Corporation, Denso Corporation, Mahle GmbH, Zhejiang Yinlun Machinery Co., Ltd., Sanden Holdings Corporation, T.RAD Co., Ltd., TYC Brother Industrial Co. Ltd., Nissen A/S, Modine Manufacturing Company, Banco Products (I) Ltd., Keihin Corporation, PWR Advanced Cooling Technology, Nissim India Private Limited., Kor tech Auto Industries Pvt. Ltd., Spectra Premium, Griffin Thermal Products, Saldana Racing Products, MEZZO TECHNOLOGIES, INC. and more
Get Full Access of this Report@
Recent Developments
Market Segmentation
Material Type:
Product Type:
Vehicle Type:
Sales Channel:
End-Use Application:
You Can Customize this Report As per Your Requirement Click Here@
Other Trending Reports:
About Persistence Market Research
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges. 
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part. 
Rajendra Singh  
Persistence Market Research  
U.S. Sales Office: 
305 Broadway, 7th Floor 
New York City, NY 10007 
United States 
USA – Canada Toll-Free: 800-961-0353 


Leave a Comment

Your email address will not be published. Required fields are marked *