The global automotive charge air cooler market is projected to grow from $3.43 billion in 2025 to $4.75 billion by 2029, reflecting a strong 8.5% compound annual growth rate (CAGR), according to new data from The Business Research Company.
Growth will be fueled by increasing hybrid powertrain adoption, advances in cooling technologies, expansion of electric and hydrogen fuel cell vehicles, and a focus on EV thermal management systems.
Industry trends include lighter, more compact cooler designs, advanced materials, liquid-cooled systems, customized vehicle solutions, and improved heat exchanger efficiency.
Demand for commercial vehicles remains a key driver, with sales surging in major markets. In China, July 2022 commercial vehicle sales rose 49.4% year-on-year, while Germany reported a 46.4% increase in May 2021.
Asia-Pacific led the market in 2024, while North America is forecast to be the fastest-growing region.
Major players include Banco Products Ltd., Calsonic Kansei Corporation, Dana Incorporated, Delphi Technologies plc, Denso Corporation, DuPont, Modine Manufacturing Company, Valeo SA, Vestas Aircoil AS, and MAHLE GmbH.
