Automotive Condenser Market Growth to Be Driven by Technological Advancements 2025

The air conditioning system in the automotive increases the comfort level while driving and has become a requisite part. The automotive condenser is an AC system component, functions to extract heat from the refrigerant which circulates in the automotive air conditioning system. Thus, the automotive condensers dissipate heat to the ambient atmosphere in order to maintain the inside air temperature. The automotive condensers are located in the engine radiator.  The modern automotive condensers such as parallel flow, multi-flow condensers are advanced in design as compared to the conventional ones in terms of surface areas for heat exchange.

The vehicles can be cooled by either direct cooling or by indirect cooling systems.   In automotive condenser market, the developments in the design are prominent since the car manufacturers are inclined towards increased fuel efficiency and adoption of more under the hood designs. For instance, 2012, DENSO CORPORATION, a Japanese based one of the prominent manufacturer of automotive condensers, developed a compact size yet more efficient automotive condenser. The novel condenser is 30% smaller in design and increased heat transfer rate by 20%. Also, the prominent players in the global automotive condenser market, are focussing on strategic acquisitions with material suppliers thereby adopting vertical integration and attempt to increase their market share.

The automotive condenser market primarily depends on the growth of automotive industry. The growing automotive industry drives the global automotive condenser market. The resale automotive market is also on the factor driving the global automotive condenser market since the people are more open to buying the used cars with some defects. Further, the healthy growth of mechanical replacement centres boosts the global automotive condensers market. However, the stringent regulations for fuel economy and emissions impact the automotive condenser manufacturers to some extent since the manufacturers have to meet the requirements. For instance, the introduction of emission standard, Euro VI compelled manufacturers to innovate additional ways to improve cooling capacity without increase of fuel consumption.

The global automotive condenser market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and the Middle East and Africa (MEA). The automotive condenser market in Western Europe is established owing to the presence of key OEM’s. Further, the strong advances of research & developments in the automotive industry in Western Europe and North America strengthen the automotive condenser market. The APEJ automotive market is growing owing to favourable factors such as government’s support to the auto industries as well as auto component industries. The Japan automotive condenser market is also strong with the presence of a key player Denso Corporation. The Latin America and MEA automotive condenser market is expected to grow moderate CAGR owing to the political and economic concerns in the region.

Some of the key players identified in the global automotive condenser market include: Denso Corporation, Valeo SA, MAHLE GmbH, Seasonair (Malaysia) Sdn Bhd , Delphi Automotive PLC, CalsonicKansei North America, Inc., Subros Limited, Hanon System,
SANDEN International (Australia) Pty Ltd., MODINE MANUFACTURING COMPANY,
Koyo Cooling Systems, Inc.

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Yogesh

Yogesh Sengar is an experienced digital marketing professional. He tracks the latest trends and happenings in the digital marketing landscape, also offering his opinion on their impact on businesses. He has experience in both B2C and B2B markets. His hobbies include reading books and travelling.