Global Serpentine Automotive Condensers Market Size By Product (Copper Material, Brass Material), By Application (Passenger, Commercial Vehicle), By Geographic Scope And Forecast
Report ID: 20778|No. of Pages: 202
Global Serpentine Automotive Condensers Market Size By Product (Copper Material, Brass Material), By Application (Passenger, Commercial Vehicle), By Geographic Scope And Forecast
Serpentine Automotive Condensers Market Size And Forecast
Serpentine Automotive Condensers Market size was valued at USD 1.90 Billion in 2024 and is projected to reach USD 5.20 Billion by 2031, growing at a CAGR of 4.50 % during the forecast period 2024-2031.
Wide selection of connections and mounting options, serpentine coils can be easily adapted for a variety of cooling unit designs, sizes, and configurations are the major factors leading to the growth of the Serpentine Automotive Condensers Market. The Global Serpentine Automotive Condensers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Serpentine Automotive Condensers Market Definition
The air conditioning system in a car is composed of many components. Each component has its role and is bound to one another. One important component in a car air conditioner system is the condenser. The condenser is a heat exchanger. It is located at the front of the vehicle. The condenser cools down the refrigerant (heated up by the compressor) and becomes a liquid (condensates) by transferring its heat to the flow of ambient air passing through it. Furthermore, the condenser works to diminish the temperature of the refrigerant at the time of the condensation process. When the warm temperature is fortunately lowered, a cool liquid will be formed which will be discharged through the car air conditioner holes.
The serpentine condensers are the prime compact and minimum in volume microchannel coils, without manifolds in their design. Moreover, this design enables serpentine coils for small, space-saving, and lightweight cooling applications. Also, serpentine condensers are the smallest and most versatile heat exchangers in the industry for refrigerant condensers, evaporators in compressor zed, and pumped loop refrigerant systems and can be configured as evaporators for non-condensing cooling applications.
The space it occupies directly affects the effective volume of the vehicle, so it is very difficult to arrange it. Therefore, it is very important to use an efficient heat exchanger. The condensers in automobile air-conditioning devices should match the compressor and should also adapt to the control expansion mechanism. Besides, the working state of the condenser directly affects the capacity of the refrigeration system (cooling capacity), compressor power consumption, and the economy of the whole air conditioning device.
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Global Serpentine Automotive Condensers Market Overview
The working principle of the serpentine condenser is, that the refrigerant enters the evaporator, the pressure decreases, and changes from a high-pressure gas to a low-pressure gas. This process needs to absorb heat, so the surface temperature of the evaporator is very low, and then through the fan, the cold air can be blown out. Then it vaporizes through a capillary tube and evaporates in the evaporator. The function of the serpentine condenser is to heat and cool the high-temperature and high-pressure refrigerant vapor discharged from the compressor so that it condenses into the liquid high-pressure refrigerant. It can cool and liquefy the high-pressure and high-temperature refrigerant (gaseous refrigerant) sent from the compressor. Furthermore, most serpentine condensers can’t be flushed because the flat tubing is too small to flush effectively.
The latest modern-model vehicles use flat tube microchannel condensers that simply can’t be flushed, they must be replaced which acts as the major restrain and diminishes the growth of the Serpentine Automotive Condensers Market. On the contrary, one of the keys to making condensers more efficient is to make the internal passages smaller. This gets more refrigerant directly in contact with the metal surfaces improving heat transfer. Therefore, as condensers have evolved, the inside passages have increasingly gotten smaller. The advanced aluminum alloys used in manufacturing enable the use of these heat exchangers in aggressive environments and harsh climate conditions. With a wide selection of connections and mounting options, serpentine coils can be easily adapted for a variety of cooling unit designs, sizes, and configurations.
Global Serpentine Automotive Condensers Market Segmentation Analysis
The Global Serpentine Automotive Condensers Market is segmented based on Product, Application, and Geography.
Serpentine Automotive Condensers Market, By Product
• Copper Material
• Brass Material
• Aluminum Material
• Stainless Steel Material
Based on Product, the market is segmented into Copper Material, Brass Material, Aluminum Material, and Stainless-Steel Material. The Copper Material segment holds a big market share. Copper and copper alloys are widely used in heat exchange applications because of their high thermal conductivity, their excellent corrosion resistance (particularly in fresh and saline cooling waters), and their ease of fabrication. Also, aluminum materials are used in serpentine condensers due to their lightweight characteristics.
Serpentine Automotive Condensers Market, By Application
• Passenger
• Commercial Vehicle
Based on Application, the market is segmented into Passenger and Commercial Vehicle. Passenger Vehicles hold the big market share. The condenser will absorb heat in the freon that has been compressed by the compressor and change the freon from the form of a gas into a liquid. Moreover, the condenser is commonly located at the front of the car radiator.
Serpentine Automotive Condensers Market, By Geography
• North America
• Europe
• Asia Pacific
• Rest of the world
On the basis of Regional Analysis, the Global Serpentine Automotive Condensers Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The North American region is expected to witness the highest CAGR during the forecast period. This is primarily due to the rise in disposable income in these countries, and the growth in urbanization.
Key Players
The “Global Serpentine Automotive Condensers Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Denso, Keihin, Calsonic Kansei, Subros, Delphi Automotive, Valeo, Reach Cooling, KOYORAD, Japan Climate System, and OSC Automotive.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
• In September 2021, Reach Cooling announced to launch of its new manufacturing plant in Jiangsu, China. The new factory will further expand REACH’s production capacity and will operate in tandem with its current manufacturing facility in Shanghai.
• In March 2021, Valeo announced to launch of 2 Condenser references for the Mercedes ML series and Renault Duster 110 BHP boosting the range and featuring an exact fit and optimized cooling efficiency.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Denso, Keihin, Calsonic Kansei, Subros, Delphi Automotive, Valeo, Reach Cooling, KOYORAD, Japan Climate System, and OSC Automotive. |
| SEGMENTS COVERED |
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| CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research:
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• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL SERPENTINE AUTOMOTIVE CONDENSERS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL SERPENTINE AUTOMOTIVE CONDENSERS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL SERPENTINE AUTOMOTIVE CONDENSERS MARKET, BY PRODUCT
5.1 Overview
5.2 Copper Material
5.3 Brass Material
5.4 Aluminum Material
5.5 Stainless Steel Material
6 GLOBAL SERPENTINE AUTOMOTIVE CONDENSERS MARKET, BY APPLICATION
6.1 Overview
6.2 Passenger
6.3 Commercial Vehicle
7 GLOBAL SERPENTINE AUTOMOTIVE CONDENSERS MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East and Africa
8 GLOBAL SERPENTINE AUTOMOTIVE CONDENSERS MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Denso
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Keihin
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Calsonic Kansei
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Subros
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Delphi Automotive
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Valeo
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Reach Cooling
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 KOYORAD
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Japan Climate System
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 OSC Automotive
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10 Appendix
10.1.1 Related Research
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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Econometrics and data visualization model
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- Established market players
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- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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