Charge Air Coolers Industry - Regional Synopsis
North American Market Forecast
North America industry is expected to dominate majority revenue share of 38% by 2037. The rising focus on bringing optimum fuel efficiency in vehicles and the demand for highly-efficient vehicles by Americans are the key factors driving the market revenue. Furthermore, increasing spending capacity on highly developed technologies and new products will help flourish the market in the region.
APAC Market Statistics
The Asia Pacific charge air coolers market is set to account for 24% revenue share by the end of 2037. The manufacturers of charge air coolers are attracted to the Asia Pacific region owing to the large consumer base ready to adopt advanced charge air coolers for various products to increase their durability and reliability.
Additionally, countries present in the region including China, India, Japan, and South Korea are the leading exporters and importers of vehicles which are predicted to create a positive outlook toward market expansion in the region.
