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Automotive Radiator Fan Market Size : Research By Production, Revenue, Growth Rate, Sales Value, Industry Trends, Impact Factors, SWOT Analysis 2022-2031

“The report on Automotive Radiator Fan Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.

Download Sample of This Strategic Report: https://www.sdki.us/sample-request-110558

Automotive Radiator Fan Market: Overview

  • The global automotive radiator fan market is anticipated to expand at a CAGR of ~2% during the forecast period, owing to the rise in sale and production of vehicles across the globe that has led to an increase in consumption and hence, is expected to boost the production of radiator fan. Increase in demand for electronic systems in vehicles, including electronic control unit and infotainment system; high penetration of air conditioning systems; and a surge in the demand for fuel-efficiency are likely to propel the global automotive radiator fan market during the forecast period.
  • Demand for radiator fan in vehicles is increasing due to an increase in trend of downsized engine and rise in demand for electric vehicles, as large air flow is required to reduce the heat generated through the engine and electric power consumption in electric vehicles. This is projected to boost the automotive radiator fan market across the globe.

Drivers of Automotive Radiator Fan Market

  • Rising urbanization and demand for smart cities around the world has propelled the usage of passenger cars and light commercial vehicles significantly, which is likely to augment the automotive radiator fan market during the forecast period
  • Vehicle manufacturers, especially engine manufacturers, are anticipated to invest heavily in research & development to design and develop new and technologically advanced engine components. This is projected to boost the automotive radiator fan market during the forecast period.
  • In equatorial, hot, and humid regions, including countries in the Middle East, Brazil, India, Indonesia, countries in Africa, Colombia, and other humid regions, integration of an air condition in the vehicle has become a necessity. Continuous air flow is required to maintain consistent cooling of the vehicle. This is performed by the automotive radiator fan, which maintains temperature of the engine and increases air conditioning performance via constant airflow across the condenser. This is projected to boost the automotive radiator fan market across the globe.

Challenges for Automotive Radiator Fan Market

  • The COVID-19 pandemic has fueled medical concerns and health awareness, which is estimated to boost the demand for intelligent air purification systems or UV sterilization systems in passenger vehicles. This, in turn, is projected to restrain the global automotive radiator fan market. Major vehicle manufacturers are focused on the development of anti-bacterial and anti-microbial air conditioning systems, which is also estimated to hamper the global automotive radiator fan market.
  • Automotive radiator fans consume higher power, react to antifreeze chemicals and vibrations, which limits the application of flex and clutch fans in a few vehicles. This, in turn, is anticipated to hamper the automotive radiator fan market. The radiator fan has a short lifespan and requires periodic replacement, which is likely to increase the maintenance cost of the radiator fan.

Segmentation of Automotive Radiator Fan Market

  • Based on vehicle type, the passenger vehicle segment dominated the global automotive radiator fan market due to a rise in production of passenger vehicles across the globe. Rise in penetration of advance cooling system in passenger vehicle is estimated to further boost the automotive radiator market across the globe.
  • Based on radiator fan type, the electric radiator fan segment dominated the market, as demand for electric vehicles has been rising in across the globe due to enactment of stringent rules and regulations regarding vehicle emission

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Automotive Radiator Fan Market: Regional Analysis

  • Based on region, the global automotive radiator fan market has been segregated into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
  • Asia Pacific and North America are projected to be highly lucrative markets during the forecast period. This is primarily owing to the presence of prominent automotive industry in the U.S., China, Japan, and India. Consistent rise in vehicle production across the Asia Pacific and North America region is anticipated to drive the automotive radiator fan market during the forecast period.

Automotive Radiator Fan Market: Competition Landscape

  • Key players operating in the global automotive radiator fan market include 
    • AMETEK Inc.
    • Denso Corporation
    • Valeo SA
    • FLEXXAIRE
    • BorgWarner Inc.
    • CalsonicKansei North America Inc..
    • Delta Radiator Fan Ltd.
    • ebm-papst
    • Guangzhou Tech Master Auto Parts Co., Ltd
    • Horton Holdings Inc.
    • Multi-Wing International a/s.
    • SPAL Automotive
    • Sunonwealth Electric Machine Industry Co. Ltd
    • Toshiba Electronic Devices & Storage Corporation USUI Co. Ltd
    •  YILI Technologies
    • Bergstrom Climate Control Systems
    • AVID Technology Limited
  • Key players at the global level are expanding their footprint by engaging in mergers and acquisitions with several players in industry. In 2018, Horton Holding, Inc. introduced a range of fans and drivers at the IAA 2018 event in Hanover, Germany. The newly introduced fans and drivers are especially made for on-highway vehicles. The company’s drivers are capable of providing excellent control, especially at low speeds, reduced power consumption, and lower noise. In 2018, BorgWarner Inc. introduced several new technologies at Auto Expo India for efficient and clean propulsion of vehicles. The new technologies included e-Booster, which is an electrically driven compressor and 48 volt electric fan. In 2016, Sunonwealth Electric Machine Industry Co., Ltd. introduced new products, the high flow DC ventilation fan and high efficiency VF fan series, for the automotive industry.

Automotive Radiator Fan Market – Scope of the Report

The recent report on the automotive radiator fan market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the automotive radiator fan market analyzes the scenario for the period of 2019 to 2030, wherein, 2019 is the base year and 2018 and before is historical data. This report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.

This study on the automotive radiator fan market also provides data on the developments made by important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of the strengths, weaknesses, threats, and opportunities, along with the trends and restraints in the landscape. Presented in a clear sanctioned manner, this report on the automotive radiator fan market gives readers an individual understanding of the market.

This study also discusses the underlying trends and impact of various factors that are driving the automotive radiator fan market, along with their influence on the evolution of the market.

This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and a SWOT analysis of the automotive radiator fan market, in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.

Key Questions Answered in This Report on Automotive Radiator Fan Market

  • How much value will the automotive radiator fan generate by the end of the forecast period?
  • Which segment of the market is likely to have the maximum market share by 2030?
  • What are the impact factors and there effects on the market for automotive radiator fan market?
  • What regions currently contribute the maximum share to the overall automotive radiator fan market?
  • What are the indicators expected to drive the automotive radiator fan market?
  • What region is likely to be a lucrative market during the forecast period?
  • What are the essential strategies by key stakeholders in the automotive radiator fan market to expand their geographic presence?
  • What are the major advancements witnessed in the automotive radiator fan market?
  • How regulatory norms affected the market for automotive radiator fan market?

This report answers these questions and more about the automotive radiator fan market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Automotive Radiator Fan Market: Research Methodology

This report on the automotive radiator fan market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. Market volume is determined by country wise model mapping of vehicle through internal & external proprietary databases, and relevant patent and regulatory databases. The competitive scenario of the automotive radiator fan market is supported by an assessment of the different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data, current trends and announcement by the key players, researchers of the automotive radiator fan market arrive at predictions and estimations, and calculate the forecast for the market.

This report uses an analytical triangulation method to estimate the numbers and figures of the automotive radiator fan market, with both a bottom-up and top-down approach.

This detailed assessment of the automotive radiator fan market, along with an overview of the landscape, is provided based on a careful examination of the avenues related to this industry. Analysts’ conclusions on how the automotive radiator fan market is estimated to expand are based on carefully vetted primary and secondary sources.

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Table of Content
1. Preface

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

2.1. Research Methodology

2.1.1. Primary Research and List of Primary Sources

2.1.2. Secondary Research and Sources

2.2. Key assumptions for Data Modelling

3. Executive Summary : Global Automotive Radiator Fan Market

3.1. Global Automotive Radiator Fan Market Volume, Million Tons, US$ Mn, 2019?2030

4. Market Overview

4.1. Introduction

4.2. Global Market – Macro Economic Factors

4.3. Industry Dynamics

4.4. Market Dynamics

4.4.1. Drivers

4.4.2. Restraints

4.4.3. Opportunity

4.4.4. Impact Analysis of Drivers and Restraints

4.5. Market Factor Analysis

4.5.1. Porter’s Five Force Analysis

4.5.2. PESTEL Analysis

4.5.3. Value Chain Analysis

4.5.3.1. List of Key Manufacturers

4.5.3.2. List of Customers

4.5.3.3. Level of Integration

4.5.4. SWOT Analysis

4.6. Regulatory Scenario

4.7. Key Industry Development

5. Global Automotive Radiator Fan Market Analysis and Forecast, by Vehicle Type

5.1. Definition

5.2. Market Snapshot

5.3. Global Automotive Radiator Fan Market Volume (Million Tons) and Value (US$ Mn) Forecast, by Vehicle Type, 2019?2030

5.3.1. Passenger Vehicle

5.3.2. Commercial Vehicle

5.3.3. Electric Vehicle

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The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count ( SDKI ) provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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