Vehicle (LEV) III, Tier 3, and Super Ultra Low Emissions Vehicle (SULEV) are implied to ensure
least carbon emissions. Increasing inclination of consumers towards hybrid vehicles, owing to its
enhanced power and fuel-efficiency is propelling demand for automotive radiators. Furthermore,
hybrid vehicles require additional low temperature heat exchangers for regulated battery cooling
along with normal heat exchangers. Therefore, increasing demand for additional low-temperature
heat exchangers is projected to drive growth of the automotive radiators market.
Radiators helps protect the engines from overheating, which otherwise can damage the overall
engine. They are heat exchangers that are used for cooling internal combustion engines. Major
application areas of radiators include automobiles, piston-engines aircraft, motorcycles, railway
locomotive, and stationary generating plants among others. The internal combustion engines in
an automobile or piston-engine aircraft are cooled by the liquid coolant circulation through the
engine block. The heat generated by the engine is thus dissipated by radiators. The coolant used
is commonly water-based, however, can be in the form of oil as well. Usually, water pump is
employed to circulate the engine coolant and dissipate engine heat.
Growing aircraft sector, is in turn, increasing the demand for radiators. Piston-engine aircraft
have liquid-cooled inline engines, which require radiators to dissipate heat generated by the
engine. Due to more fuel combustion than cars, the engine is cooled more efficiently without the
use
of
large
cooling
fans.
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Growing demand for automobiles in emerging economies of Asia Pacific and Central & South
America, is expected to favor growth of the automotive radiator market over the forecast period.
North America and Europe are expected to witness moderate demand for automotive radiators,
owing to sluggish economic growth and market saturation. Stringent regulatory norms pertaining
to environmental considerations, particularly in the developed economies, are expected to
positively
impact
growth
of
the
market.
Some of the key players operating in the global automotive radiator market include Denso
Corporation, Valeo SA, Calsonic Kansei Corporation, Mahle GmbH, Sanden Holdings Corporation,
TYC Brother Industrial Co. Ltd., Modine Manufacturing Company, Sciton Inc., Keihin Corporation,
PWR Advanced Cooling Technology, Griffin Thermal Products, and Saldana Racing Products.
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