The engine cooling system market alone is projected to grow from USD 34.1 bn in 2023 to USD 49.7 bn by 2032. It translates to a Compound Annual Growth Rate (CAGR) of 4.8 per cent. Critical to the engine performance in this case, it is known to rely on the pumping coolant liquid. This is largely a case of water combined with an antifreeze solution that relies on unique cooling tubes. In certain cases, the air passes across cylinder casings with fins. Besides the implied heat elimination, it offers optimal operational temperature. These cooling systems take a whole new dimension in natural gas vehicles and electric vehicles. Visteon Corporation, Mahle GmbH, BorgWarner, Calsonic Kansei Corporation, Continental AG, Valeo SA, Delphi Automotive LLP, Denso Corporation, Sogefi, Schaeffler Group, Perkins Engines Company Ltd. among others are prominent players in the cooling systems domain.
New products
The objective goes beyond thermal management in today’s time. As emission compliances are strictly enforced with BSVI phase two (RDE) in India and the world contemplates the move to Euro7 levels, this is a focus area with plenty of resource allocation. After all, improvements in cooling systems have a direct impact on particulate emissions like NOx and CO. The growing focus on power-to-weight ratios driven by efforts to lightweight is resulting in sophisticated modules being developed. All of it without compromising the performance metrics of the engine or the battery pack. Reduced tailpipe emissions, and reduced parasitic engine load.
This story is from the June 2023 edition of Auto Components India.
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This story is from the June 2023 edition of Auto Components India.
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