Lucintel identifies and prioritizes opportunities for growth in the global automotive radiator market by material type, flow structure, vehicle type, end user and region

According to a new market report published by Lucintel, the future of the global automotive radiator market looks good with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle. The global automotive radiator market is expected to reach an estimated $12,833 million by 2021. The global automotive radiator market is forecast to grow at a CAGR of 5.0% by value from 2016 to 2021. The major driver of growth for this market is increase in the production of passenger car and light commercial vehicles.

In this market, aluminum and copper/brass are two segments by material type and passenger car, light commercial vehicle, and heavy commercial vehicle are some of the major segments of automotive radiator by vehicle type. On the basis of its comprehensive research, Lucintel forecasts that the passenger car and heavy commercial vehicle segments are expected to show above average growth during the forecast period.

Within the global automotive radiator market, the passenger car segment is expected to remain as the largest market. Increase in passenger car production is expected to spur growth for this segment over the forecast period.

Asia Pacific is expected to remain the largest market due to high vehicle production, improvement in the economic conditions and increasing investment by the market players within the APAC region.

APAC and Rest of the World are expected to witness significant growth over the forecast period because of increase in the passenger car and light commercial vehicle production in China and Brazil.

For business expansion, report suggests innovation and new product development to produce lightweight and low cost radiators. The report further suggests the development of partnerships with customers to create win-win situations and development of low-cost solutions for customers.

Emerging trends, which have a direct impact on the dynamics of the industry, includes development of full-aluminum radiators and environment-friendly radiators. Denso Corporation, Valeo SA, Calsonic Kansei Corporation, Sanden Corporation, and Mahle Behr Gmbh & Co. KG are the major radiator manufacturers in the global automotive radiator market. Some companies are opting for merger & acquisition as strategic initiatives for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in global automotive radiator market by material, flow structure, vehicle type, end user and region, and has come up with a comprehensive research report, “Growth Opportunities in Global Automotive Radiator Market 2016-2021: Trends, Forecast, and Opportunity Analysis”. The Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global automotive radiator market by material, flow structure, vehicle type, end user, and region, as follows:

By Material ($ million from 2010 to 2021):

• Aluminum
• Copper/Brass

By Flow Structure ($ million from 2010 to 2021):

• Down-Flow
• Cross-Flow

By Vehicle Type ($ million from 2010 to 2021):

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

By End User ($ million from 2010 to 2021):

• OEM
• Aftermarket

By region ($ million from 2010 to 2021):

• North America
• Europe
• Asia Pacific
• Rest of the World

This 232-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or helpdesk@lucintel.com.
Lucintel offerings include Mass Transportation, Transportation Market Report, Capital Investment Analysis, Strategic Growth Consulting and Due Diligence.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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