North America Automotive Charge Air Cooler Market

The automotive charge air cooler market in North America is expected to grow from US$ 534.26 million in 2022 to US$ 731.72 million by 2028. It is estimated to grow at a CAGR of 5.4% from 2022 to 2028. 

3D printed water charge air cooler 

The 3D printed charge air cooler is scalable, configurable, and ultra-efficient that outperforms other leading charge air coolers for the racing and premium automotive markets. Technology company Conflux has launched a 3D printed product, the Charge Air Cooler (WCAC), which uses water as the cooling medium. In addition to its performance advantages, Conflux WCAC can also be customized according to customer requirements in terms of performance, size and installation. The Conflux’s charge air cooler has a 15% reduction in core volume, a 24% reduction in air side pressure drop, and an 82% reduction in cooling hydraulic pressure at the same heat exchange level. Wet mass is reduced by 39% and dry weight is reduced by 31%. However, with the launch of its WCAC, the company has announced a significant shift from a traditional service-driven model, to a product-driven one, in a step it considers to be the first in an ongoing productization strategy. These all advantages of 3D printed water charge air coolers will propel the demand for automotive charge air cooler across the region. 

Market Overview 

North America automotive charge air cooler market is segmented into major economies such as the US, Canada, and Mexico. North America is one of the prominent regions for the automotive charge air cooler market vendors owing to the robust automotive industry. In 2020, North America produced approximately 13.4 million automobiles. The United States produced over 8.8 million vehicles, while Mexico and Canada combined produced only about 4.6 million. Like many other industrial industries in the region, vehicle production has slowed in recent years due to rising production costs, shifting supply chains, and stoppages connected to the coronavirus outbreak. However, the free trade agreement between Canada, the United States, and Mexico has a long list of critics, the pact has opened up the flow of goods and capital across North America, which is now critical to the automotive industry's supply chain. The new ""United States–Mexico–Canada Agreement,"" agreed upon in October 2018, stipulates those rules of origin (ROO) for automobiles be followed, with 75 percent of the finished vehicle's value coming from inside the regulated region a 12.5 percent increase. Hence, increasing production of automobiles across the region is anticipated to propel the market over the forecast period. 

North America Automotive Charge Air Cooler Market Revenue and Forecast to 2028 (US$ Million) 

North America Automotive Charge Air Cooler Strategic Insights

Strategic insights for the North America Automotive Charge Air Cooler provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Automotive Charge Air Cooler Report Scope

North America Automotive Charge Air Cooler Regional Insights

The geographic scope of the North America Automotive Charge Air Cooler refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

North America Automotive Charge Air Cooler Market Segmentation 

The North America automotive charge air cooler market is segmented into type, fuel type, core type, vehicle type, and country. Based on type, the market is segmented into air cooled charge air cooler and liquid cooled charge air cooler. The air cooled charge air cooler segment registered a larger market share in 2022. 

Based on fuel type, the North America automotive charge air cooler market is segmented into gasoline and diesel. The diesel segment registered a larger market share in 2022. Based on core type, the North America automotive charge air cooler market is segmented into tube, fin, bar and plate. The fin segment registered the largest market share in 2022. Based on vehicle type, the North America automotive charge air cooler market is segmented into passenger cars, LCV, trucks and buses. The passenger cars segment registered the largest market share in 2022. Based on country, the market is segmented into US, Canada, and Mexico. US dominated the market share in 2022. AKG Group, Dana Limited, Delphi Technologies Plc (BORGWARNER INC.), DuPont, Hanon Systems, Mahle GmbH, Modine Manufacturing Company, T. RAD Co. Ltd., Valeo, and Vestas aircoil A/S are the leading companies operating in the automotive charge air cooler market in the region.