Market Share of Automotive Heat Exchanger Industry
The Automotive Heat Exchanger Market is moderately consolidated as it contains both major and small players. DENSO Corporation., MAHLE GmbH, Nippon Light Metal Co., Ltd., Valeo, Hanon Systems, and other major players covered in the automotive heat exchanger market. These companies are focusing on various growth strategies to strengthen their position in the market.
For instance, in April 2023, Nippon Light Metal Holdings Company, Ltd. announced a consolidation of the Group's automotive components businesses and the establishment of a new company, 'Nikkeikin Aluminum for Mobility Company, Ltd.'
In October 2022, Valeo received orders for its thermal systems for electric vehicles. The Group signed a contract for its Smart Heat Pump with a major Chinese automaker: a novel, ultra-compact, fully integrated smart heat pump module consisting of valves, pumps, and exchangers.
Automotive Heat Exchanger Market Leaders
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Hanon Systems
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DENSO Corporation
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Valeo SA
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MAHLE GmbH
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Nippon Light Metal Holdings Co. Ltd
*Disclaimer: Major Players sorted in no particular order
