Boston, MA -- (SBWIRE) -- 09/14/2015 -- Heat exchanger transfers thermal energy from one medium to another. The medium is generally separated by a partition (usually of a metal). The automotive heat exchangers are incorporated with fins or corrugations to increase the surface area, thereby enhancing the heat exchange process.

Technavio's analysts forecast the automotive heat exchanger market in APAC to grow at a CAGR of 9.24% over the period 2014-2019.

Commenting on the report, an analyst from Technavio's team said: "The growing popularity of aluminum in the automotive heat exchanger market is driven by the high thermal conductivity of aluminum coupled with its corrosion-resistant feature. The demand for aluminum as a favorable metal for automotive heat exchanger has brought about a huge range of aluminum alloys and product forms (like NHT and HT aluminum alloys) to comply with different design options for automotive heat exchangers."

Get More Details on this Report and a Full Table of Contents at Automotive Heat Exchanger Market in APAC 2015-2019

According to the report, with the increase in turbocharging of engines, cooling the compressed air from the engine becomes necessary. The demand of automotive turbochargers would help to drive the demand of automotive heat exchanger market in APAC. The increasing demand for small automobiles with turbochargers will propel the demand for heat exchangers as well, leading to the growth of the automotive heat exchanger market in APAC.

Further, the report states that the challenge for automotive heat exchanger vendors lies in providing an efficient heat exchanger with all the aforementioned advantages at a low, competitive price in the market.

The key players in the Automotive Heat Exchanger Market in APAC are Denso, MAHLE Gmbh, Valeo, Visteon and Wuxi Guanyun Heat Exchanger while other prominent vendors include Banco Products, Climetal, Clizen, G&M Radiator, Jiangsu Jiahe Thermal Systems, NingBo LuRun Cooler, Perfect Radiators and Oil Coolers, Pierburg China (KSPG), Seasonair Malaysia, Senior, Weifang HengAn Radiator and Zhejiang Yinlun Machinery

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit - http://www.technavio.com/report/apac-automotive-heat-exchanger-market

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