Automotive Powertrain Cooling System Market 2021-2025 | Increasing Production of Bigger Engine Vehicles to Emerge as Key Driver | Technavio

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- The report offers a detailed analysis of the impact of the COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. - Get FREE Sample Report within MINUTES

Automotive Powertrain Cooling System Market: Increasing production of bigger engine vehicles drive growth

The production of bigger engine vehicles is increasing because downsized engines give rise to higher engine temperatures and lead to increased amounts of emissions. Bigger engines have higher value powertrain cooling systems that ensure absolute control over powertrain temperature. Downsized engines have a higher risk of being non-compliant with emission norms than bigger engine vehicles. For instance, Volkswagen, Renault, and General Motors have canceled the production of certain models of downsized engine vehicles in 2019 in favor of bigger engine vehicles. This factor will increase the growth of the market in focus over the forecast period.

Is there any relief during this COVID-19 pandemic? Request Free Sample Research Report

As per Technavio, the high dependence on internal combustion engine vehicles will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2021-2025.

Automotive Powertrain Cooling System Market: High dependence on internal combustion engine vehicles

Automotive powertrain cooling systems are mainly used in internal combustion engines as they produce massive amounts of heat, which needs an efficient cooling system to prevent overheating. Internal combustion engines are highly preferred, especially in emerging countries, as high prices of electric and hybrid vehicles drive the demand for gasoline-and diesel-engine vehicles. This is expected to drive the automotive powertrain cooling system market during the forecast period. Increased preference for road transport of freight is also driving the preference for commercial vehicles rather than electric and hybrid vehicles. Hence, increased dependence on internal combustion engines is assured to drive the automotive powertrain cooling system market during the forecast period.

"Increased preference for road transport of freight and increased dependence on internal combustion engines will further boost market growth during the forecast period", says a senior analyst at Technavio.

Register for a free trial today and gain instant access to 17,000+ market research reports

Technavio's SUBSCRIPTION platform

Automotive Powertrain Cooling System Market: Major Vendors

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• Continental AG
• Delphi Technologies Plc
• DENSO Corp.
• HELLA GmbH & Co. KGaA
• Johnson Electric Holdings Ltd.

Automotive Powertrain Cooling System Market: Segmentation Analysis

This market research report segments the automotive powertrain cooling system market by Application (Passenger cars and commercial vehicles) and Geography (APAC, Europe, North America, South America, and MEA).

The APAC region led the automotive powertrain cooling system market in 2021, followed by Europe, North America, South America, and MEA respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as the brazen copper to replace aluminum in powertrain cooling systems.

Technavio's sample reports are free of charge and Gain competitive intelligence about market players. Track key industry trends, opportunities, and threats. Inform your marketing, brand, strategy, and market development. Request a free sample report

Related Reports on Consumer Discretionary Include:

Global Automotive Filters Market- The automotive filters market is segmented by type (air filters, oil filters, and fuel filters) and geography (APAC, North America, Europe, MEA, and South America). Click Here to Get an Exclusive Free Sample Report

Global Automotive IC Market- The automotive IC market is segmented by vehicle type (passenger cars and commercial vehicles), semiconductor type (discrete, logic, micro components, analog, and others), and geography (APAC, Europe, North America, South America, and MEA). Click Here to Get an Exclusive Free Sample Report

Some of the key topics covered in the report include:

Market Challenges

Market Drivers

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Newsroom: https://www.technavio.com/newsroom

View original content to download multimedia:http://www.prnewswire.com/news-releases/automotive-powertrain-cooling-system-market-2021-2025--increasing-production-of-bigger-engine-vehicles-to-emerge-as-key-driver--technavio-301233687.html

SOURCE Technavio