Press release
Automotive Cooling Fans Market Outlook 2024: Exclusive Report By The Business Research Company | AMETEK Inc., DENSO Corporation, Flexxaire Inc., Horton Holding Inc., Multi-Wing America Inc., SPAL Automotive Srl
Automotive Cooling Fans Market Trends
The Business Research Company offers in-depth market insights through Automotive Cooling Fans Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The automotive cooling fan market size has grown strongly in recent years. It will grow from $53.49 billion in 2023 to $56.55 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to growing vehicle production, regulatory standards, climate conditions, consumer preferences, oem and aftermarket dynamics.
The automotive cooling fan market size is expected to see strong growth in the next few years. It will grow to $70.78 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to electric vehicle adoption, stringent emission standards, materials innovation, global economic outlook, supply chain dynamics. Major trends in the forecast period include increasing demand for electric vehicles, stringent emission standards, lightweight and compact designs, integration of iot and connectivity, global supply chain challenges.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=9489&type=smp
Market Segmentation:
The automotive cooling fans market covered in this report is segmented -
1) By Type: Radiator Fan, Electric Fan, Mechanical Fan, Condenser Fan
2) By Sales Channel: OEMs (Original Equipment Manufacturers), Aftermarket
3) By Vehicle Type: Passenger Vehicle, Commercial Vehicle
Major Driver - Rapid Rise Of Electric Vehicles Sparks Surge In Automotive Cooling Fan Market
The increasing traction of electric vehicles is expected to propel the growth of the automotive cooling fan market going forward. Electric vehicles refer to vehicles propelled by an electric motor powered by a battery pack that converts electrical energy into mechanical energy to power the vehicle while reducing aerodynamic drag, rolling resistance drag, and kinetic resistance. Automotive cooling fans are used in electric vehicles to cool lithium-ion battery packs, increase the battery cooling system's performance, and reduce the risk of a fire due to overheating. For instance, in February 2023, according to the Bureau of Labor Statistics, a US-based government agency for labor economics and statistics, the market for electric vehicles (EVs) had grown at a fast pace in the last decade. The share of electric cars in the US vehicle market grew to 4.6% in 2021 from 0.2% in the past ten years and could reach 40% of total passenger car sales by 2030. Therefore, the increasing traction of electric vehicles is driving the growth of the automotive cooling fan market.
Competitive Landscape:
Major companies operating in the automotive cooling fans market report are AMETEK Inc., DENSO Corporation, Flexxaire Inc., Horton Holding Inc., Multi-Wing America Inc., SPAL Automotive Srl, Toshiba Electronic Devices & Storage Corporation, Sunonwealth Electric Machine Industry Co. Ltd., Valeo SA, Continental AG, USUI Co. Ltd., SCFM Corporation, Guangzhou Tech Master Auto Parts Co. Ltd., Standard Motor Products Inc., The ebm-papst Group, Delta Electronics Ltd., BorgWarner Inc., Flowserve Corporation, General Electric Company, Nidec Corporation, American Cooling Technology Inc., Pelonis Technologies Inc., Kenlowe Group Ltd., Truflo International Ltd., Ziehl-Abegg SE, Rosenberg Ventilatoren GmbH, Howden Group Ltd., ABB Ltd., Siemens AG, Mitsubishi Electric Corporation, Schneider Electric SE, Emerson Electric Co., Honeywell International Inc. .
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/automotive-cooling-fans-global-market-report
Top Trend - Cutting-Edge Brushless-Motor Cooling Fan Assemblies For Enhanced Performance
Product innovation is a key trend gaining popularity in the automotive cooling fan market. Major companies operating in the automotive cooling fan market are developing innovative products to sustain their position in the market. For instance, in September 2021, Mando Corporation, a South Korea-based automobile company, introduced a new line of brushless motor cooling fan assemblies to the Mando Aftermarket Program. Mando cooling fan assemblies are similar to the original equipment (OE) parts used in new cars but have more advanced electronics than traditional brush-motor cooling fan assemblies.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Automotive Cooling Fans Market Characteristics
3. Automotive Cooling Fans Market Trends And Strategies
4. Automotive Cooling Fans Market - Macro Economic Scenario
5. Automotive Cooling Fans Market Size And Growth
…..
27. Automotive Cooling Fans Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Cooling Fans Market Outlook 2024: Exclusive Report By The Business Research Company | AMETEK Inc., DENSO Corporation, Flexxaire Inc., Horton Holding Inc., Multi-Wing America Inc., SPAL Automotive Srl here
News-ID: 3424622 • Views: …
More Releases from The Business research company
Electronic Ceramics Global Market Report 2024 - By Report, Growth, Trends, Deman …
The electronic ceramics market size has grown strongly in recent years. It will grow from $11.43 billion in 2023 to $12.22 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to consumer electronics growth, telecommunications expansion, automotive electronics, medical device applications.
The electronic ceramics market size is expected to see strong growth in the next…
Electrolyzers Global Market Report 2024 - By Report, Growth, Industry Trends, Si …
The electrolyzers market size has grown strongly in recent years. It will grow from $0.33 billion in 2023 to $0.36 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to increasing demand for hydrogen as a clean energy carrier, government incentives and subsidies, environmental awareness, expansion of renewable energy sources, early adopters and pilot projects in…
Electrolytic Capacitor Global Market Report 2024 - By Demand, Share, Growth, Rep …
The electrolytic capacitor market size has grown strongly in recent years. It will grow from $7.33 billion in 2023 to $7.71 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to electronics industry growth, increased capacitor demand in electronic devices, increased energy storage and power supply needs, increased industrial and automotive applications, and miniaturization of electronics.
The…
Electrocoating Global Market Report 2024 - By Report, Size, Share, Demand, Outlo …
The electrocoating market size has grown strongly in recent years. It will grow from $4.11 billion in 2023 to $4.37 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to environmental regulations, automotive industry growth, industrial and commercial construction, consumer electronics, demand for high-quality metal finishing.
The electrocoating market size is expected to see strong…
More Releases for Fan
BLAST PERSONAL FAN REVIEW 2021 {UPDATE} Does Blast Auxiliary Neck Fan Work?
blast Personal Fan (also called blast auxiliary Neck fan) This recently released blast personal fan reviews report explains some important facts that any prospective blast auxiliary neck fan buyer should read before making a purchase choice for this popular blast personal fan in the United States of America.
Summer is officially here, and the heat it brings is exceedingly uncomfortable, undesired, and aggravating for everyone. Things may get extremely challenging for…
Blast Auxillary Personal Fan Review: Shocking Truth About The Blast Personal Fan …
Blast Auxiliary Personal Fan is a new technology that has been introduced with the aim of helping people get through the nasty summer heat. According to the official website, this portable cooling fan can be carried anywhere with ease, even outdoors, this is to ensure that you keep your body temperature cool even when it’s boiling outside.
Last summer, I was transferred to Arizona to handle a project. It was my…
DivinAir mask fan Reviews-Does DivinAir Face Mask Fan Work-Complete Info
DivinAir Mask Fan: If you’re something like me, you probably aren’t a massive fan of having to wear face mask all the time. I suggest, I get it, we should all be growing behavior that take the fitness and safety of ourselves and others severely, but wow, I simply certainly don’t like them. They make breathing tough! Breathing must be easy, shouldn’t it?
And I locate I frequently sweat underneath my…
Global Home Ceiling Fan Market 2020 Business Strategies – Fanimation, Casablan …
The market report titled “U.S. Home Ceiling Fan Market by Type (Decorative, Energy Saver, High Speed, Designed With Light, Four Blade and Others) – U.S. Industry Perspective, Comprehensive Analysis, and Forecast, 2015 – 2021” and published by Zion Market Research will put forth a systematizedevaluation of the vital facets of the global Home Ceiling Fan Market market. The report willfunction as a medium for the better assessment of the existing…
Global Home Ceiling Fan Market 2018 |Growth With Top Manufactures: Fanimation, C …
Research Reports Inc added new report ‘Global Home Ceiling Fan Market Growth 2018-2023’which includes market scope, Trends, Research methodology & outlook.
The major component of Home Ceiling Fan is mounting hardware, patented EC motor, airfoils, LED mount, patented LED module and lens diffuser. Different types of ceiling fans can be selected depending on the size of the room. There are many types and styles of ceiling fans.
Get Sample Copy…
Explosion-proof Fan Market to Witness Huge Growth by 2025 | Panasonic, Cincinnat …
HTF MI recently introduced Global Explosion-proof Fan Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are CCI Thermal Technologies, Elektror, Rosenberg Ventilatoren GmbH, Americraft Manufacturing, Panasonic, Cincinnati…
