The global automotive cooling fan market is projected to grow at a decent growth rate during the forecast period, owing to an increase in demand for vehicles coupled with growing competition for high-performance and affordable vehicles.
A cooling fan in a vehicle is an important component, which provides constant cooling for various components such as engine and electronics components (electronic control unit). It also provides ventilation. An internal combustion engine works at a very high temperature, owing to the combustion of an air-fuel mixture. A cooling mechanism is provided by means of a cooling fan in order to operate the engine at a normal working temperature. Generally, two types of cooling mechanisms are utilized for engines in vehicles such as liquid cooling and air cooling. In both systems, cooling fans play an important role. Likewise, cooling fans are important for electrical systems too. A majority of vehicles are equipped with air conditioning systems, which are fitted with condenser fans to provide comfort inside the vehicle.
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Demand for electric vehicles has been increasing at a rapid pace for the last few years due to high pollution levels. Hybrid electric vehicles require additional cooling fans as compared to that required by an internal combustion engine vehicle. A combination of batteries and a turbo engine require a greater number of electrical automated cooling fans in the vehicle.
The cooling fans for hybrid vehicles require a greater amount of power since the heat is not only generated by the engine but also from the battery pack & motor. Furthermore, single-chip temperature sensors and optimized management of the fan’s speed are necessary for efficient cooling. Therefore, an increase in demand for hybrid electric vehicles is expected to boost the automotive cooling fan market. Such trends are also fueling innovations in automotive cooling fan motors.
Technological advances in the automotive sector are projected to boost the demand for cooling fans, which in turn is anticipated to propel the automotive cooling fan market. In fact, more consumers are likely to be able to incorporate temperature tolerant, lightweight, and dimensionally safe automotive cooling suppliers. The new trend in the market for auto-cooling enthusiasts is the rising demand for four-wheel drive fans. Upgrade of components of the vehicle engine cooling system to handle the rejection of heat in less space is another key factor boosting the demand for cooling fans.
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