Market Share of China Automotive Heat Exchanger Industry
The China automotive heat exchanger market is moderately consolidated, with a few major players including DENSO Corporation, Magneti Marelli, Hanon System, Jiangsu Jiahe, Ningbo Lurun Cooler, Pierburg China, and others. Several key automotive heat exchanger manufacturers are focused on adopting expansion strategies like collaborative agreements, product development, mergers, acquisitions, etc., to explore the market and are actively focused on market expansion. For instance,
- In February 2023, SANHUA Holding Group announced the launch of the Braze Plate Heat Exchanger. It contains a designed working pressure of up to 50 Bar. and R410A, R32, R454B, R290, and others are the Refrigerant to be used.
- In December 2022, Conflux Technology launched a Cartridge heat exchanger developed with 3D printing technology. The Cartridge heat exchanger embeds an additively manufactured core into traditionally manufactured housings. Its scalable design and rapid configuration make the Cartridge heat exchanger suitable for the automotive, electric vehicle, defense, aerospace, and energy sectors, per Conflux.
China Automotive Heat Exchanger Market Leaders
Hanon Systems (Beijing) Co., Ltd
Denso Corporation
Zhejiang Lurun Group Co., Ltd.
SANHUA Holding Group
Pierburg China Ltd Company
*Disclaimer: Major Players sorted in no particular order
