자동차용 열교환기 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 용도별, 설계 유형별, 차종별, 동력 전달 방법식별, 지역별 및 경쟁(2021-2031년)

The Global Automotive Heat Exchanger Market is projected to expand from USD 27.21 Billion in 2025 to USD 39.59 Billion by 2031, registering a CAGR of 6.45%. These essential thermal management components facilitate heat transfer between fluids to regulate temperatures within engines, transmissions, and air conditioning units. Market growth is primarily driven by the ongoing rebound in vehicle production volumes and the strict enforcement of international emission standards, which demand higher thermal efficiency to improve fuel economy. Additionally, the rapid shift toward automotive electrification serves as a key catalyst, as electric vehicles necessitate specialized low-temperature heat exchangers to ensure battery safety and optimal performance.

Substantial manufacturing output currently underpins the industry, as highlighted by recent statistics from the China Association of Automobile Manufacturers, which reported a record production of 30.16 million automobiles in 2023. Despite this strong demand, the market faces a significant hurdle regarding the price volatility of raw materials such as aluminum and copper. This fluctuation creates instability within the supply chain and exerts pressure on manufacturing margins, potentially hindering broader market expansion.

Market Driver

The rapid global adoption of electric and hybrid vehicles is generating substantial demand for specialized thermal management solutions. In contrast to internal combustion engines, electrified powertrains require precise temperature control for battery packs, electric motors, and power electronics to guarantee safety and durability. This transition requires the implementation of sophisticated heat exchanger systems, including battery chillers and cooling plates, which are crucial for maintaining ideal operating conditions during high-load scenarios and rapid charging. As reported by the International Energy Agency in its 'Global EV Outlook 2024' from April 2024, global electric car sales approached 14 million units in 2023, accounting for 18% of total vehicle sales, a surge that directly accelerates the manufacturing of advanced thermal components beyond traditional radiator applications.

Concurrently, strict regulations regarding fuel efficiency and emissions are compelling automakers to boost thermal efficiency across conventional and hybrid platforms. With regulatory authorities imposing tighter restrictions on tailpipe pollutants, manufacturers are integrating technologies such as exhaust gas recirculation (EGR) coolers and turbocharger intercoolers to reduce combustion temperatures and enhance fuel economy. According to the United States Environmental Protection Agency's March 2024 final rule regarding multi-pollutant standards, new targets mandate a fleetwide average of 85 grams/mile of CO2 by model year 2032, marking a near 50% reduction from 2026 levels. This regulatory landscape ensures continued demand for high-performance heat exchangers within the internal combustion sector, a trend further bolstered by broader industry recovery; the European Automobile Manufacturers' Association (ACEA) noted in 2024 that the EU car market expanded by 13.9% in 2023, reaching 10.5 million units.

Market Challenge

Price volatility regarding raw materials, particularly aluminum and copper, poses a major obstacle to the financial stability and predictable expansion of the global automotive heat exchanger market. Given their superior thermal conductivity, these metals are essential for manufacturing core heat transfer components like fins, tubes, and plates. When input costs fluctuate unpredictably, manufacturers face immediate strain on operating margins, especially since supply agreements with automotive original equipment manufacturers (OEMs) typically involve fixed pricing for extended durations. This inability to rapidly transfer increased material costs to buyers results in a financial disconnect that diminishes profitability and limits capital allocation for necessary R&D investments or facility expansions.

Such instability fosters a difficult procurement landscape where obtaining consistent raw material supplies at stable prices becomes increasingly challenging, often resulting in supply chain disruptions. This pressure is exacerbated by the growing consumption of these metals across diverse industrial sectors, which constrains global availability and fuels competitive pricing. According to the Aluminum Association, aluminum demand in the North American market saw a year-over-year resurgence of 3.4% in 2024. This escalating demand for critical base metals amid pricing uncertainty makes inventory planning difficult for heat exchanger manufacturers, directly impeding their capacity to sustain steady production levels and maintain market growth momentum.

Market Trends

A significant structural shift in vehicle architecture is occurring through the consolidation of thermal circuits into integrated thermal management modules, replacing the use of discrete components distributed throughout the chassis. Manufacturers are increasingly unifying valves, pumps, and heat exchangers into single manifold units to reduce overall weight, minimize coolant pressure drop, and streamline assembly processes. This modular strategy facilitates precise thermal regulation across various vehicle subsystems without the spatial constraints associated with traditional multi-loop configurations. For instance, TI Fluid Systems announced in April 2024 at Auto China that it showcased its ITMA and ITMR modular systems, which integrate multiple thermal functions to meet the efficiency requirements of next-generation electric platforms.

Simultaneously, additive manufacturing is revolutionizing production by allowing for the creation of complex geometries that conventional brazing techniques cannot achieve. 3D printing enables engineers to design intricate internal lattice structures that maximize surface area density, thereby significantly improving heat transfer performance while reducing component mass. This innovation is especially vital for high-performance applications where thermal loads are intense and packaging space is limited. As reported by Metal AM magazine in October 2024, Conflux Technology secured $11 million in funding to expand its additive manufacturing operations, with the goal of producing these geometrically optimized thermal components for the global market.

Key Market Players

• AKG Thermal Systems Inc.
• American Industrial Heat Transfer Inc.
• Banco Products (India) Ltd
• Climetal SL - Heat Exchanger
• Constellium SE
• DENSO Corporation
• G&M Radiator Mfg Ltd
• Hanon Systems
• MAHLE GmbH
• MODINE MANUFACTURING COMPANY

Report Scope

In this report, the Global Automotive Heat Exchanger Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automotive Heat Exchanger Market, By Application

• Radiators
• Oil Coolers
• Intercoolers
• Air Conditioning
• Exhaust Gas
• Other Applications

Automotive Heat Exchanger Market, By Design Type

• Tube-Fin
• Plate-Bar
• Other Design Types

Automotive Heat Exchanger Market, By Vehicle Type

• Passenger Cars
• Commercial Vehicles

Automotive Heat Exchanger Market, By Powertrain Type

• IC Engine Vehicles
• Electric Vehicles
• Other Vehicles

Automotive Heat Exchanger Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Automotive Heat Exchanger Market.

Available Customizations:

Global Automotive Heat Exchanger Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Automotive Heat Exchanger Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Application (Radiators, Oil Coolers, Intercoolers, Air Conditioning, Exhaust Gas, Other Applications)
  • 5.2.2. By Design Type (Tube-Fin, Plate-Bar, Other Design Types)
  • 5.2.3. By Vehicle Type (Passenger Cars, Commercial Vehicles)
  • 5.2.4. By Powertrain Type (IC Engine Vehicles, Electric Vehicles, Other Vehicles)
  • 5.2.5. By Region
  • 5.2.6. By Company (2025)
• 5.3. Market Map

6. North America Automotive Heat Exchanger Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Application
  • 6.2.2. By Design Type
  • 6.2.3. By Vehicle Type
  • 6.2.4. By Powertrain Type
  • 6.2.5. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Automotive Heat Exchanger Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Application
      • 6.3.1.2.2. By Design Type
      • 6.3.1.2.3. By Vehicle Type
      • 6.3.1.2.4. By Powertrain Type
  • 6.3.2. Canada Automotive Heat Exchanger Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Application
      • 6.3.2.2.2. By Design Type
      • 6.3.2.2.3. By Vehicle Type
      • 6.3.2.2.4. By Powertrain Type
  • 6.3.3. Mexico Automotive Heat Exchanger Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Application
      • 6.3.3.2.2. By Design Type
      • 6.3.3.2.3. By Vehicle Type
      • 6.3.3.2.4. By Powertrain Type

7. Europe Automotive Heat Exchanger Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Application
  • 7.2.2. By Design Type
  • 7.2.3. By Vehicle Type
  • 7.2.4. By Powertrain Type
  • 7.2.5. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Automotive Heat Exchanger Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Application
      • 7.3.1.2.2. By Design Type
      • 7.3.1.2.3. By Vehicle Type
      • 7.3.1.2.4. By Powertrain Type
  • 7.3.2. France Automotive Heat Exchanger Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Application
      • 7.3.2.2.2. By Design Type
      • 7.3.2.2.3. By Vehicle Type
      • 7.3.2.2.4. By Powertrain Type
  • 7.3.3. United Kingdom Automotive Heat Exchanger Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Application
      • 7.3.3.2.2. By Design Type
      • 7.3.3.2.3. By Vehicle Type
      • 7.3.3.2.4. By Powertrain Type
  • 7.3.4. Italy Automotive Heat Exchanger Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Application
      • 7.3.4.2.2. By Design Type
      • 7.3.4.2.3. By Vehicle Type
      • 7.3.4.2.4. By Powertrain Type
  • 7.3.5. Spain Automotive Heat Exchanger Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Application
      • 7.3.5.2.2. By Design Type
      • 7.3.5.2.3. By Vehicle Type
      • 7.3.5.2.4. By Powertrain Type

8. Asia Pacific Automotive Heat Exchanger Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Application
  • 8.2.2. By Design Type
  • 8.2.3. By Vehicle Type
  • 8.2.4. By Powertrain Type
  • 8.2.5. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Automotive Heat Exchanger Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Application
      • 8.3.1.2.2. By Design Type
      • 8.3.1.2.3. By Vehicle Type
      • 8.3.1.2.4. By Powertrain Type
  • 8.3.2. India Automotive Heat Exchanger Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Application
      • 8.3.2.2.2. By Design Type
      • 8.3.2.2.3. By Vehicle Type
      • 8.3.2.2.4. By Powertrain Type
  • 8.3.3. Japan Automotive Heat Exchanger Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Application
      • 8.3.3.2.2. By Design Type
      • 8.3.3.2.3. By Vehicle Type
      • 8.3.3.2.4. By Powertrain Type
  • 8.3.4. South Korea Automotive Heat Exchanger Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Application
      • 8.3.4.2.2. By Design Type
      • 8.3.4.2.3. By Vehicle Type
      • 8.3.4.2.4. By Powertrain Type
  • 8.3.5. Australia Automotive Heat Exchanger Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Application
      • 8.3.5.2.2. By Design Type
      • 8.3.5.2.3. By Vehicle Type
      • 8.3.5.2.4. By Powertrain Type

9. Middle East & Africa Automotive Heat Exchanger Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Application
  • 9.2.2. By Design Type
  • 9.2.3. By Vehicle Type
  • 9.2.4. By Powertrain Type
  • 9.2.5. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Automotive Heat Exchanger Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Application
      • 9.3.1.2.2. By Design Type
      • 9.3.1.2.3. By Vehicle Type
      • 9.3.1.2.4. By Powertrain Type
  • 9.3.2. UAE Automotive Heat Exchanger Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Application
      • 9.3.2.2.2. By Design Type
      • 9.3.2.2.3. By Vehicle Type
      • 9.3.2.2.4. By Powertrain Type
  • 9.3.3. South Africa Automotive Heat Exchanger Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Application
      • 9.3.3.2.2. By Design Type
      • 9.3.3.2.3. By Vehicle Type
      • 9.3.3.2.4. By Powertrain Type

10. South America Automotive Heat Exchanger Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Application
  • 10.2.2. By Design Type
  • 10.2.3. By Vehicle Type
  • 10.2.4. By Powertrain Type
  • 10.2.5. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Automotive Heat Exchanger Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Application
      • 10.3.1.2.2. By Design Type
      • 10.3.1.2.3. By Vehicle Type
      • 10.3.1.2.4. By Powertrain Type
  • 10.3.2. Colombia Automotive Heat Exchanger Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Application
      • 10.3.2.2.2. By Design Type
      • 10.3.2.2.3. By Vehicle Type
      • 10.3.2.2.4. By Powertrain Type
  • 10.3.3. Argentina Automotive Heat Exchanger Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Application
      • 10.3.3.2.2. By Design Type
      • 10.3.3.2.3. By Vehicle Type
      • 10.3.3.2.4. By Powertrain Type

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Automotive Heat Exchanger Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. AKG Thermal Systems Inc.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. American Industrial Heat Transfer Inc.
• 15.3. Banco Products (India) Ltd
• 15.4. Climetal SL - Heat Exchanger
• 15.5. Constellium SE
• 15.6. DENSO Corporation
• 15.7. G&M Radiator Mfg Ltd
• 15.8. Hanon Systems
• 15.9. MAHLE GmbH
• 15.10. MODINE MANUFACTURING COMPANY

16. Strategic Recommendations

17. About Us & Disclaimer