LONDON–(BUSINESS WIRE)–Sep 23, 2020–
The automotive radiator fan market is expected to decline by 1.14 million units during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the automotive radiator fan market in optimistic, probable, and pessimistic forecast scenarios.
Technavio has announced its latest market research report titled Global Automotive Radiator Fan Market 2020-2024 (Graphic: Business Wire)
The automotive radiator fan market will witness Negative and Inferior impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Decrease as compared to 2019.
As the COVID-19 pandemic continues to spread, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through respond, recover and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure.Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Automotive Radiator Fan Market Participants:
Marelli Holdings Co. Ltd.
Marelli Holdings Co. Ltd. operates its business under automotive products segments. The company manufactures radiator fans for automotive OEMs across the world.
Robert Bosch GmbH operates its business under four segments, which include mobility solutions, industrial technology, consumer goods, and energy and building technology. The company manufactures radiator fans for automotive OEMs across the world.
SPAL Automotive Srl has business operations under a unified segment. The company manufactures a wide range of high performance automotive brushless fans.
Automotive Radiator Fan Market 2020-2024: Segmentation
Automotive Radiator Fan is segmented as below:
- North America
- South America
The automotive radiator fan market is driven by increasing demand for fuel-efficient vehicles. In addition, other factors such as the replacement of mechanical fans with electric radiator fans are expected to trigger the automotive radiator fan market toward witnessing a CAGR of about 1% during the forecast period.
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
CONTACT: Technavio Research
Media & Marketing Executive
INDUSTRY KEYWORD: AUTOMOTIVE OTHER AUTOMOTIVE
SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 09/23/2020 05:00 PM/DISC: 09/23/2020 05:01 PM
Copyright Business Wire 2020.