Automotive engine cooling system is an integral part of vehicle that maintains the temperature of engine by using air or liquid, in order to remove the excess heat. An efficient cooling system allows engine to perform better, thereby offering a better mileage and power to vehicles. Increase in manufacturing and sales of automotive vehicles is expected to spur the market growth over the forecast period.
Moreover, the smart engine cooling systems are gaining popularity due to various advantages offered, such as increased fuel efficiency, reduced tailpipe emission and less parasitic engine load. According to secondary research, it is estimated that by 2026 approximately more than 30% of vehicles will be equipped with engine cooling system whereas the remaining 70% will cover the hybrid and electric vehicles market.
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Implementation of stringent vehicle emission standard by governments across the globe is