TitanX Engine Cooling

What TitanX Engine Cooling does

TitanX Engine Cooling is a Sweden-headquartered designer and manufacturer of thermal management modules for heavy commercial vehicles, buses, gensets, and electrified powertrains. The company's product portfolio spans front-end engine cooling modules, charge air coolers, oil coolers, condensers, radiators, HVAC systems, battery thermal management systems (BTMS), and high-voltage fan systems, built around proprietary technologies including CAC+ with SuperTurb charge air coolers, stainless steel vacuum brazed plate coolers, and narrow-headers radiator designs. TitanX serves as a Tier-1 supplier to major commercial vehicle OEMs (notably Volvo, Scania, and Daimler) through a direct enterprise field sales model that co-develops custom-engineered thermal solutions from design through validation and line-sequenced production.

The company operates eight manufacturing and engineering facilities across Sweden, the United States, Brazil, Mexico, Poland, Italy, and China, with R&D investment at approximately 5% of sales distributed across four technical centers, including advanced wind tunnel and durability testing infrastructure in Mjällby, Sweden and Jamestown, New York. Revenue is generated primarily through OEM hardware sales of custom thermal modules, complemented by an Independent Aftermarket (IAM) business via the Direct Supply Distribution (DSD) channel launched in 2021 and a network of brand distribution partners. The current entity was created in 2008 when Swedish private equity firm EQT acquired the engine cooling operations from Valeo; Fourier Transform invested in 2013, and Tata AutoComp Systems acquired TitanX in 2016, providing access to Tata Group's battery and thermal systems technology for the company's expansion into electric and fuel cell vehicle thermal management.

Name

TitanX Engine Cooling

Legal name

TitanX Holding AB

Website

https://titanx.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

501–1,000 employees

Short description

TitanX Engine Cooling is a Sweden-based Tier-1 supplier of custom thermal management modules, including radiators, charge air coolers, oil coolers, and battery thermal management systems, serving heavy commercial vehicle OEMs such as Volvo, Scania, and Daimler across eight global manufacturing facilities, and is owned by Tata AutoComp Systems.

Ownership category

akta.pro rank

Product category

Commercial Vehicle Thermal Management

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433)

akta.pro primary industry

Commercial Vehicle Cooling, HVAC & Thermal Management Manufacturing (IMACABAN)

akta.pro secondary industries

Automotive Heat Exchangers Manufacturing (Radiators/Condensers/Evaporators/Heater Cores) (IMACALAC), Automotive Coolant & Refrigerant Circuit Components (Pumps/Valves/Reservoirs/Expansion Devices) (IMACALAE), Automotive HVAC Modules & Integrated Climate Units (IMACALAA), Automotive PTC Heaters, Heat Pumps & Auxiliary Heating Systems (IMACALAI), Testing, Inspection, Certification & Commissioning (TICx) Technical Services (BPAHAIAL)

Keywords

• Engine cooling systems
• Thermal management solutions
• Commercial vehicle radiators
• Charge air coolers
• Oil coolers

Headquarters

HQ city

Sölvesborg

HQ country

Sweden

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. OEM Product Sales: TitanX designs, prototypes, validates, manufactures and provides in-field support for thermal management products sold directly to commercial vehicle OEMs including trucks, buses, and genset manufacturers.
2. Aftermarket Parts Distribution: TitanX serves the Independent Aftermarket (IAM) with OE quality products via Direct Supply Distribution (DSD) launched in 2021, and through network of dedicated brand distribution partners worldwide. Since 2006, TitanX has been serving the aftermarket with dedicated OE quality products.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

TitanX Engine Cooling designs, prototypes, validates, manufactures, and provides in-field support for thermal management products — including radiators, charge air coolers, oil coolers, HVAC systems, battery thermal management systems, and fan systems — sold primarily to commercial vehicle OEMs (trucks, buses, off-highway equipment) and industrial diesel engine manufacturers. The company also serves the Independent Aftermarket (IAM) with OE-quality replacement parts through its Direct Supply Distribution (DSD) arm and brand distribution partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Engine Cooling

Quantifiable outcome

• Reduced fuel consumption and improved total cost of ownership through emission and efficiency solutions
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core and strategic.

• Air International Thermal SystemscoreStrategic or Co-development PartnerTitanX uses proven technology developed by Air International Thermal Systems over 50 years for HVAC systems, Battery Thermal Management Systems (BTMS), and heat pump systems. TitanX provides complete system solution with design, development and validation using this technology.
• GotionstrategicTechnology or IntegrationBattery packs are developed with Tata AutoComp Systems using Gotion's patented cell technology. Gotion provides the core battery cell technology integrated into TitanX's complete battery pack solutions for electric vehicles.

Scale indicators8 records

Recent moves12 records

Expansion highlights5 records

Broad incumbents

• Valeo: Global Tier-1 automotive supplier with a dedicated Thermal Systems business covering commercial vehicle cooling, HVAC, and battery thermal management. Direct comparability to TitanX in product portfolio; Valeo is a much larger, broader incumbent and was TitanX's previous owner (sold to EQT in 2008).
• Denso: Japanese global Tier-1 supplier with a substantial Thermal Systems business including commercial vehicle HVAC and battery cooling. Larger and more diversified than TitanX, but increasingly relevant in EV thermal management and a competitor for global OEM slots.
• Eaton (Vehicle Group): US diversified industrial manufacturer with a Vehicle Group that includes thermal management components (heat exchangers, fans) for commercial vehicles. Less pure-play overlap than Modine/MAHLE, but competes for similar OEM thermal content on heavy-duty platforms.
• BorgWarner: US global automotive supplier with commercial vehicle thermal and powertrain exposure, including battery cooling and HVAC components. Larger and more diversified portfolio, but a competitor for EV thermal management slots on commercial vehicle platforms.

Direct peers

• MAHLE: German-headquartered global automotive supplier with strong commercial vehicle thermal management offering (radiators, charge air coolers, E-motors and electronics for thermal management). Directly competes with TitanX in engine cooling for heavy-duty applications and increasingly in EV thermal management.
• Modine Manufacturing: US-headquartered thermal management specialist serving commercial vehicles, off-highway, and stationary power generation markets. Highly comparable product portfolio (radiators, CACs, oil coolers, battery cooling) and overlapping end markets with TitanX, including European OEM exposure.
• Hanon Systems: Korean automotive thermal management and HVAC specialist (formerly Halla Visteon Climate Control). Directly comparable product overlap in HVAC modules, battery thermal management, and heat pump systems for electrified commercial vehicles.
• Nissens: Danish thermal management specialist with strong European commercial vehicle and aftermarket presence. Competes with TitanX in radiators, charge air coolers, and oil coolers for trucks, with a notable independent aftermarket focus that parallels TitanXtend/DSD strategy.
• Air International Thermal Systems: Global thermal management specialist with deep HVAC and BTMS capability for commercial and electric vehicles. A core technology partner to TitanX (providing HVAC/BTMS IP) and a partial competitor in EV thermal solutions.

Regional players

• Koyorad (Koyo Radiator): Japanese radiator and cooling system manufacturer serving commercial vehicles, construction equipment, and industrial markets. Comparable product focus in heat exchangers with strong Asia-Pacific presence — regional rather than direct overlap with TitanX's European core.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/TitanX_
• Facebookfacebook.com/218933334827
• LinkedInlinkedin.com/company/titanx-engine-cooling

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TitanX Engine Cooling