Automotive Cooler Market 2021 Analysis by Manufacturers, End-User, Type, Application, Regions and Forecast to 2027
Automotive Cooler Market Synopsis The global automotive cooler market is estimated to reach around USD 10 billion by 2025, registering a CAGR of 5.5% during the forecast period. Key Players The major players operating in the global automotive cooler market are Chevron Corporation (US), BP P.L.C.(UK), Cummins Filtration (US), Gallay Ltd (England), Shandong Yuean Chemical Industry Co. Ltd (China), Hayden Automotive (US), Calsonic Kansei Corporation (Japan), NENGUN CO. LTD (Japan), AKG Thermotechnik International GmbH & Co. KG (Germany), and Modine Manufacturing (US). Growth Inducers and Restraints The growing demand for high-speed vehicles, stringent vehicle emission standards, increased need for passenger comfort, and the deployment of HVAC system in vehicles are driving global market growth. The intensifying call for efficient HVAC systems that do not compromise the vehicle's overall performance is gaining global priority on the production line of automobile manufact