Title: Automotive Engine Cooling System Market - Forecast (2023 - 2028)
1Automotive Engine Cooling System Market
Forecast (2023 - 2028)
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- Automotive Engine Cooling System market is
poised to grow at a CAGR of 4.5 during the
forecast period 2022-2027, and reach 45.2
billion by 2027. Increasing vehicle production
globally owing to the growing demand is set to
boost the Automotive Engine Cooling System
Market. - An Automobile Engine Cooling System is the
collection of coolants that work together to
maintain the engines temperature at optimal
levels. It comprises components such as radiator,
cooling fan module, thermostat, water pump and
other components. The system helps in enabling
efficient and smooth functioning of the engine at
the same time protecting it from damage.
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- Key Takeaways
- HCVs are mainly used for the transportation of
heavy goods such as construction materials, raw
ores and others. Globally, increasing
construction projects coupled with growing
investments in construction industry is
anticipated to enhance the demand for the HCVs,
which in turn affects the automotive engine
cooling system market growth. - The development of the high voltage positive
temperature coefficient (PTC) heating technology
which helps in reducing the energy waste and
noise-less operation of HVAC systems in vehicles.
The innovative development which reduces the
energy usage and provides noise less operations
in the vehicles is expected to boost the market.
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- By Distribution Channel- Segment Analysis
- It is poised to grow at a CAGR of 3.8 during the
forecast period through to 2027. The automotive
fuel tank is important in terms of safety,
performance and reliability. The fuel reserve
indicator circuit system consists of a
tank-mounted float sensor and a current meter
which are connected in series. - The float-driven sensor which are attached to an
internal rheostat offers high resistance when the
tank is empty. The fuel monitoring circuit works
by sensing the voltage variation developed across
the meter and activates the indicator when the
tank is almost empty.
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- Automotive Engine Cooling System Market
- Mahle Stiftung GmbH
- Schaeffler Group
- Denso
- BorgWarner
- Hanon Systems
- Visteon
- Valeo
- Modine Manufacturing
- Calsonic Kasei
- Continental
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Automotive Engine Cooling System Market Learn
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Contact (1) 970-236-3677
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