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In 2022, the worldwide market for these goods was estimated to be worth $478.9 million. It is anticipated to grow at a CAGR of 23.8% between 2023 and 2030, eventually reaching US$ 3.8 Bn by 2030's end.
The intake air in an internal combustion engine, especially one with a forced-induction system, can be cooled by a device called a charge air cooler (CAC), sometimes known as an intercooler. It is most common in engines that use a turbocharger or supercharger.
The cooling systems of electric vehicles aid in making the intake air denser, which in turn permits more air to be compressed and fed to the engine at once. These coolers help keep the air entering the electric motor or power electronics system at an optimum temperature, which is necessary for smooth operation and long component life. In electric automotive applications, charge air coolers are frequently utilised, notably in high-performance vehicles, heavy-duty trucks, and racing cars.
Increased controls on car emissions have been put in place in response to the growing concern for the environment and the pressing need to cut down on emissions of greenhouse gases. Due to the absence of exhaust fumes, electric vehicles are a greener mode of transportation. Electric vehicle charge air cooler market statistics are being driven by the increasing demand for electric vehicles as governments and regulatory bodies implement stricter emission regulations.
The efficiency and range of EVs have been vastly increased thanks to ongoing research and development in the field of electric vehicles. As battery technology advances, so does the range of electric vehicles. To keep the electric vehicle's powertrain in optimum working conditions throughout this greater range, improved thermal management, such as charge air coolers, is required.
The use of smart intercoolers in electric vehicles is changing the face of thermal management. The cooling performance of these systems is constantly monitored and adjusted based on actual conditions using cutting-edge sensors, actuators, and control algorithms. Intelligent cooling systems maximise the efficiency of CACs, keeping the temperature of the powertrain components where it should be while reducing overall energy usage.
The latest developments in the market for electric vehicle charge air coolers indicate that the propulsion segment for Plug-in Hybrid Electric Vehicles (PHEVs) will be the most lucrative over the next several years. Because of the hybrid design of PHEVs, drivers can take advantage of the electric motor for shorter excursions and the combustion engine for longer ones. Because of their two modes of operation, PHEVs appeal to drivers who want to save money on petrol and decrease their impact on the environment without sacrificing the comforts and driving options of conventional automobiles. The electric range and performance of PHEVs have both increased thanks to developments in battery technology. This has made PHEVs more usable in the real world and reduced worries about range anxiety. It is anticipated that the electric range of PHEVs will expand more as battery technology develops, broadening their appeal.
Report Coverage
Global Electric Vehicle Charge Air Cooler research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Electric Vehicle Charge Air Cooler report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Electric Vehicle Charge Air Cooler competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Electric Vehicle Charge Air Cooler market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Electric Vehicle Charge Air Cooler market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Electric Vehicle Charge Air Cooler market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
AKG Thermal Systems, Bell Intercoolers, BorgWarner Inc., Calsonic Kansei Corporation, Denso Corporation, Guangzhou Woshen Auto Radiator Co., Ltd., Hanon Systems, Honeywell International Inc., KVR International, MAHLE GmbH, Modine Manufacturing Company, Nissens Automotive, NRF B.V., PWR Advanced Cooling Technology, T. Rad Co., Ltd., Tecumseh Products Company LLC, Thermasystems Inc., Valeo SA, and Visteon Corporation
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Electric Vehicle Charge Air Cooler market based on the below-mentioned segments:
Global Electric Vehicle Charge Air Cooler Market, By Cooling Technology
Air Cooled
Liquid Cooled
Global Electric Vehicle Charge Air Cooler market, By Propulsion
Battery Electric Vehicles (BEVs)
Hybrid Electric Vehicles (HEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Global Electric Vehicle Charge Air Cooler Market, By Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy Duty Trucks
Buses and Coaches
Global Electric Vehicle Charge Air Cooler market, Regional Analysis
The intake air in an internal combustion engine, especially one with a forced-induction system, can be cooled by a device called a charge air cooler (CAC), sometimes known as an intercooler. It is most common in engines that use a turbocharger or supercharger.
The cooling systems of electric vehicles aid in making the intake air denser, which in turn permits more air to be compressed and fed to the engine at once. These coolers help keep the air entering the electric motor or power electronics system at an optimum temperature, which is necessary for smooth operation and long component life. In electric automotive applications, charge air coolers are frequently utilised, notably in high-performance vehicles, heavy-duty trucks, and racing cars.
Increased controls on car emissions have been put in place in response to the growing concern for the environment and the pressing need to cut down on emissions of greenhouse gases. Due to the absence of exhaust fumes, electric vehicles are a greener mode of transportation. Electric vehicle charge air cooler market statistics are being driven by the increasing demand for electric vehicles as governments and regulatory bodies implement stricter emission regulations.
The efficiency and range of EVs have been vastly increased thanks to ongoing research and development in the field of electric vehicles. As battery technology advances, so does the range of electric vehicles. To keep the electric vehicle's powertrain in optimum working conditions throughout this greater range, improved thermal management, such as charge air coolers, is required.
The use of smart intercoolers in electric vehicles is changing the face of thermal management. The cooling performance of these systems is constantly monitored and adjusted based on actual conditions using cutting-edge sensors, actuators, and control algorithms. Intelligent cooling systems maximise the efficiency of CACs, keeping the temperature of the powertrain components where it should be while reducing overall energy usage.
The latest developments in the market for electric vehicle charge air coolers indicate that the propulsion segment for Plug-in Hybrid Electric Vehicles (PHEVs) will be the most lucrative over the next several years. Because of the hybrid design of PHEVs, drivers can take advantage of the electric motor for shorter excursions and the combustion engine for longer ones. Because of their two modes of operation, PHEVs appeal to drivers who want to save money on petrol and decrease their impact on the environment without sacrificing the comforts and driving options of conventional automobiles. The electric range and performance of PHEVs have both increased thanks to developments in battery technology. This has made PHEVs more usable in the real world and reduced worries about range anxiety. It is anticipated that the electric range of PHEVs will expand more as battery technology develops, broadening their appeal.
Report Coverage
Global Electric Vehicle Charge Air Cooler research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Electric Vehicle Charge Air Cooler report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Electric Vehicle Charge Air Cooler competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Electric Vehicle Charge Air Cooler market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | AKG Thermal Systems, Bell Intercoolers, BorgWarner Inc., Calsonic Kansei Corporation, Denso Corporation, Guangzhou Woshen Auto Radiator Co., Ltd., Hanon Systems, Honeywell International Inc., KVR International, MAHLE GmbH, Modine Manufacturing Company, Nissens Automotive, NRF B.V., PWR Advanced Cooling Technology, T. Rad Co., Ltd., Tecumseh Products Company LLC, Thermasystems Inc., Valeo SA, and Visteon Corporation |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Electric Vehicle Charge Air Cooler Market from 2021 to 2030.
- Market Forecast for Electric Vehicle Charge Air Cooler Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Electric Vehicle Charge Air Cooler competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Electric Vehicle Charge Air Cooler
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Electric Vehicle Charge Air Cooler market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Electric Vehicle Charge Air Cooler market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
AKG Thermal Systems, Bell Intercoolers, BorgWarner Inc., Calsonic Kansei Corporation, Denso Corporation, Guangzhou Woshen Auto Radiator Co., Ltd., Hanon Systems, Honeywell International Inc., KVR International, MAHLE GmbH, Modine Manufacturing Company, Nissens Automotive, NRF B.V., PWR Advanced Cooling Technology, T. Rad Co., Ltd., Tecumseh Products Company LLC, Thermasystems Inc., Valeo SA, and Visteon Corporation
Primary Target Market
- Market Players of Electric Vehicle Charge Air Cooler
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Electric Vehicle Charge Air Cooler market based on the below-mentioned segments:
Global Electric Vehicle Charge Air Cooler Market, By Cooling Technology
Air Cooled
Liquid Cooled
Global Electric Vehicle Charge Air Cooler market, By Propulsion
Battery Electric Vehicles (BEVs)
Hybrid Electric Vehicles (HEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Global Electric Vehicle Charge Air Cooler Market, By Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy Duty Trucks
Buses and Coaches
Global Electric Vehicle Charge Air Cooler market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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