Automotive Condenser Market

Automotive Condenser Market- Increase Significantly During The Forecast Period Owing To The Rise In
Production Of Vehicles In The Automotive Industry
The automotive condenser is a part of the HVAC (Heating, Ventilation, and Cooling) system. It
is a series of thin tubes with fins that releases the heat of the coolant in the atmosphere. The
function of the automotive condenser is similar to automotive evaporators; however, condensers
release heat into the atmosphere instead of absorbing it. Automotive condensers look very
similar to automotive radiators and are installed above them in vehicles.
Demand for automotive condenser is anticipated increase significantly during the forecast period
owing to the rise in production of vehicles in the automotive industry. Preference of the young
generation toward sports cars and other fast vehicles is likely to propel the automotive condenser
market during the forecast period. Automotive radiators are installed in all air conditioned
vehicles. Therefore, rise in number of vehicles with air conditioning systems in developing
regions is likely to boost the automotive condenser market. Automotive condensers are prone to
external blockage due to collection of foreign particles on the fin of the condensers, which
reduces the efficiency of the HVAC system. Moreover, severe blockage of the condensers can be
repaired by replacing the condenser; hence, development of better solutions to reject heat from
the HVAC system into the atmosphere is likely to hamper the automotive condenser market.
The automotive condenser market can be segmented based on material, flow type, sales channel,
vehicle, and region.
Based on material, the aluminum material segment is likely to hold a major share of the
automotive condenser market. Copper is the conventional material utilized for the manufacturing
of automotive condensers; however, its share has been declining in recent years due to its high
cost as compared to aluminum. Aluminum possess good heat conductivity and is more costeffective as compared to the other materials. This is responsible for the high market share held
by the aluminum segment of the automotive condenser market. The segment is likely to expand
at a significant growth rate during the forecast period.
In terms of flow type, the parallel flow segment is expected to hold a major share of the market
owing to its high efficiency, as compared to the conventional flow condensers. Parallel flow
automotive condenser are more susceptible to blocks due to very little distance between the
tubes. Therefore, some vehicles still employ conventional flow condensers.
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Based on sales channel, the aftermarket segment is likely to hold a prominent share of the
automotive condenser market owing to its high replacement rate through the lifespan of the
vehicle. Automotive condensers employed in commercial vehicles are replaced very frequently,
as commercial vehicles usually travel longer distances on a daily basis in extreme weather
conditions.
Based on vehicle type, the automotive condenser market can be segmented into passenger and
commercial vehicles. The passenger vehicles segment is likely to hold a major share of the
automotive condenser market owing to the high production of passenger vehicles as compared to
the commercial vehicles. However, condensers in commercial vehicles are replaced more
frequently.
Based on region, the automotive condenser market can be segmented into North America,
Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is anticipated to
hold a notable share of the market owing to the high production of vehicles in the region. In Asia
Pacific, China and India have the highest number of working population, which enhances the
production capacity of the region and makes it more attractive for the major automotive
companies to establish their manufacturing facilities in these countries.
Major players operating in the global automotive condenser market include Denso Corporation,
Robert Bosch GmbH, MAHLE GmbH, Valeo, OSC Automotive Inc., Subros Limited, and
SEASONAIR.

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