Automotive Electric HVAC Compressor Market Size, Share, Value and Forecast 2032
Automotive Electric HVAC Compressor Market By Capacity (Less Than 20CC, 20CC-40CC, 40CC-60CC, and More Than 60CC), By Drivetrain (Plug-in Hybrid Electric Vehicles, Hybrid Electric Vehicles, and Battery Electric Vehicles), By Vehicle Type (Passenger Vehicles, Buses & Coaches, Light Commercial Vehicles, and Heavy Commercial Vehicles), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 15.18 Billion | USD 85.65 Billion | 21.2% | 2023 |
Table Of Content
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Type
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Automotive Electric HVAC Compressor Market, 2018–2028(USD Billion)
- 2.2. Automotive Electric HVAC Compressor Market: Snapshot
- Chapter 3. Global Automotive Electric HVAC Compressor Market– Vehicle Type Analysis
- 3.1. Automotive Electric HVAC Compressor Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Increase in popularity of light vehicles coupled with globalization & urbanization in emerging economies will drive market size over forecast timeline.
- 3.2.2. A steep increase in commercial & passenger vehicle production will embellish automotive electric HVAC compressor industry growth over assessment timeframe.
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Vehicle Type
- 3.4.2. Market attractiveness analysis By Capacity
- 3.4.3. Market attractiveness analysis By Drivetrain
- Chapter 4. Global Automotive Electric HVAC Compressor Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Automotive Electric HVAC Compressor Market: company market share, 2019
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product launches
- 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Automotive Electric HVAC Compressor Market– Vehicle Type Analysis
- 5.1. Global Automotive Electric HVAC Compressor Market overview: By Vehicle Type
- 5.1.1. Global Automotive Electric HVAC Compressor Market share, By Vehicle Type , 2020 and 2028
- 5.2. Passenger Vehicles
- 5.2.1. Global Automotive Electric HVAC Compressor Market by Passenger Vehicles, 2018–2028(USD Billion)
- 5.3. Buses & Coaches
- 5.3.1. Global Automotive Electric HVAC Compressor Market by Buses & Coaches, 2018–2028(USD Billion)
- 5.4. Light Commercial Vehicles
- 5.4.1. Global Automotive Electric HVAC Compressor Market by Light Commercial Vehicles, 2018–2028(USD Billion)
- 5.5. Heavy Commercial Vehicles
- 5.5.1. Global Automotive Electric HVAC Compressor Market by Heavy Commercial Vehicles, 2018–2028(USD Billion)
- 5.1. Global Automotive Electric HVAC Compressor Market overview: By Vehicle Type
- Chapter 6. Global Automotive Electric HVAC Compressor Market– Capacity Analysis
- 6.1. Global Automotive Electric HVAC Compressor Market overview: By Capacity
- 6.1.1. Global Automotive Electric HVAC Compressor Market share, By Capacity, 2020 and 2028
- 6.2. Less Than 20CC
- 6.2.1. Global Automotive Electric HVAC Compressor Market by Less Than 20CC, 2018–2028(USD Billion)
- 6.3. 20CC-40CC
- 6.3.1. Global Automotive Electric HVAC Compressor Market by 20CC-40CC, 2018–2028(USD Billion)
- 6.4. 40CC-60CC
- 6.4.1. Global Automotive Electric HVAC Compressor Market by 40CC-60CC, 2018–2028(USD Billion)
- 6.5. More Than 60CC
- 6.5.1. Global Automotive Electric HVAC Compressor Market by More Than 60CC, 2018–2028(USD Billion)
- 6.1. Global Automotive Electric HVAC Compressor Market overview: By Capacity
- Chapter 7. Global Automotive Electric HVAC Compressor Market– Drivetrain Analysis
- 7.1. Global Automotive Electric HVAC Compressor Market overview: By Drivetrain
- 7.1.1. Global Automotive Electric HVAC Compressor Market share, By Drivetrain, 2020 and 2028
- 7.2. Plug-in Hybrid Electric Vehicles
- 7.2.1. Global Automotive Electric HVAC Compressor Market by Plug-in Hybrid Electric Vehicles, 2018–2028(USD Billion)
- 7.3. Hybrid Electric Vehicles
- 7.3.1. Global Automotive Electric HVAC Compressor Market by Hybrid Electric Vehicles, 2018–2028(USD Billion)
- 7.4. Battery Electric Vehicles
- 7.4.1. Global Automotive Electric HVAC Compressor Market by Battery Electric Vehicles, 2018–2028(USD Billion)
- 7.1. Global Automotive Electric HVAC Compressor Market overview: By Drivetrain
- Chapter 8. Company Profiles
- 8.1. Denso Corporation
- 8.1.1. Overview
- 8.1.2. Financials
- 8.1.3. Product Portfolio
- 8.1.4. Business Strategy
- 8.1.5. Recent Developments
- 8.2. Valeo S.A.
- 8.2.1. Overview
- 8.2.2. Financials
- 8.2.3. Product Portfolio
- 8.2.4. Business Strategy
- 8.2.5. Recent Developments
- 8.3. Hanon Systems
- 8.3.1. Overview
- 8.3.2. Financials
- 8.3.3. Product Portfolio
- 8.3.4. Business Strategy
- 8.3.5. Recent Development
- 8.4. Toyota Industries Corporation
- 8.4.1. Overview
- 8.4.2. Financials
- 8.4.3. Product Portfolio
- 8.4.4. Business Strategy
- 8.4.5. Recent Development
- 8.5. MAHLE GmbH
- 8.5.1. Overview
- 8.5.2. Financials
- 8.5.3. Product Portfolio
- 8.5.4. Business Strategy
- 8.5.5. Recent Development
- 8.6. Highly Marelli Huldings Co., Ltd.
- 8.6.1. Overview
- 8.6.2. Financials
- 8.6.3. Product Portfolio
- 8.6.4. Business Strategy
- 8.6.5. Recent Development
- 8.7. SANDEN Huldings Corporation
- 8.7.1. Overview
- 8.7.2. Financials
- 8.7.3. Product Portfolio
- 8.7.4. Business Strategy
- 8.7.5. Recent Development
- 8.1. Denso Corporation
Table Of Figures
List of Figures
1. Market research Type
2. Market research methodology
3. Global Automotive Electric HVAC Compressor Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Automotive Electric HVAC Compressor Marketattractiveness, By Vehicle Type
6. Global Automotive Electric HVAC Compressor Marketattractiveness, By Capacity
7. Global Automotive Electric HVAC Compressor Marketattractiveness, By Drivetrain
8. Global Automotive Electric HVAC Compressor Marketshare by Vehicle Type ,2020 and 2028 (USD Billion)
9. Global Automotive Electric HVAC Compressor Marketby Passenger Vehicles, 2018–2028(USD Billion)
10. Global Automotive Electric HVAC Compressor Marketby Buses & Coaches, 2018–2028(USD Billion)
11. Global Automotive Electric HVAC Compressor Marketby Light Commercial Vehicles, 2018–2028(USD Billion)
12. Global Automotive Electric HVAC Compressor Marketby , Heavy Commercial Vehicles, 2018–2028(USD Billion)
13. Global Automotive Electric HVAC Compressor Marketshare by Capacity ,2020 and 2028 (USD Billion)
14. Global Automotive Electric HVAC Compressor Marketby Less Than 20CC, 2018–2028(USD Billion)
15. Global Automotive Electric HVAC Compressor Marketby 20CC-40CC, 2018–2028(USD Billion)
16. Global Automotive Electric HVAC Compressor Marketby 40CC-60CC, 2018–2028(USD Billion)
17. Global Automotive Electric HVAC Compressor Marketby More Than 60CC, 2018–2028(USD Billion)
18. Global Automotive Electric HVAC Compressor Marketshare by Drivetrain ,2020 and 2028 (USD Billion)
19. Global Automotive Electric HVAC Compressor Marketby Plug-in Hybrid Electric Vehicles, 2018–2028(USD Billion)
20. Global Automotive Electric HVAC Compressor Marketby Hybrid Electric Vehicles, 2018–2028(USD Billion)
21. Global Automotive Electric HVAC Compressor Marketby Battery Electric Vehicles, 2018–2028(USD Billion)
22. Global Automotive Electric HVAC Compressor Marketshare, by Region, 2020 and 2028
23. North America Automotive Electric HVAC Compressor Market, 2018–2028(USD Billion)
24. Europe Automotive Electric HVAC Compressor Market, 2018–2028(USD Billion)
25. Asia Pacific Automotive Electric HVAC Compressor Market, 2018–2028(USD Billion)
26. Latin America Automotive Electric HVAC Compressor Market, 2018–2028(USD Billion)
27. The Middle East and Africa Automotive Electric HVAC Compressor Market, 2018–2028(USD Billion)
Table Of Tables
List of Tables
1. Global Automotive Electric HVAC Compressor Market: snapshot
2. Drivers of the Automotive Electric HVAC Compressor Market: impact analysis
3. North America Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
4. North America Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
5. North America Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
6. The U.S. Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
7. The U.S. Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
8. The U.S. Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
9. Rest of North America Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
10. Rest of North America Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
11. Rest of North America Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
12. Europe Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
13. Europe Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
14. Europe Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
15. UK Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
16. UK Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
17. UK Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
18. France Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
19. France Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
20. France Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
21. Germany Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
22. Germany Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
23. Germany Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
24. Rest of Europe Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
25. Rest of Europe Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
26. Rest of Europe Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
27. Asia Pacific Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
28. Asia Pacific Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
29. Asia Pacific Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
30. China Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
31. China Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
32. China Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
33. Japan Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
34. Japan Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
35. Japan Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
36. India Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
37. India Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
38. India Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
39. Rest of Asia Pacific Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
40. Rest of Asia Pacific Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
41. Rest of Asia Pacific Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
42. Latin America Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
43. Latin America Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
44. Latin America Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
45. Brazil Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
46. Brazil Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
47. Brazil Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
48. Rest of Latin America Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
49. Rest of Latin America Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
50. Rest of Latin America Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
51. The Middle East and Africa Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
52. The Middle East and Africa Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
53. The Middle East and Africa Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
54. Saudi Arabia Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
55. Saudi Arabia Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
56. Saudi Arabia Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
57. South Africa Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
58. South Africa Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
59. South Africa Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
60. Rest of the Middle East & Africa Automotive Electric HVAC Compressor Market revenue, By Vehicle Type ,2018–2028(USD Billion)
61. Rest of the Middle East & Africa Automotive Electric HVAC Compressor Market revenue, By Capacity ,2018–2028(USD Billion)
62. Rest of the Middle East & Africa Automotive Electric HVAC Compressor Market revenue, By Drivetrain ,2018–2028(USD Billion)
Methodology
FrequentlyAsked Questions
Surge in demand for light automotive along with globalization & urbanization in developing countries will drive market growth over forecast period. Furthermore, massive increase in manufacture of commercial & passenger vehicles will create lucrative avenues for automotive electric HVAC compressor industry over assessment timespan. In addition to this, increase in number of electric and premium automotive will embellish automotive electric HVAC compressor industry expansion during projected timeline.
According to Zion Market Research, the global Automotive Electric HVAC Compressor Market was worth USD 15.18 Billion in 2023. The market is forecast to reach USD 85.65 Billion by 2032, growing at a compound annual growth rate (CAGR) of 21.2% during the forecast period 2024-2032.
Asia Pacific will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to large-scale acceptance of electric vehicles in countries such as China and India. In addition to this, presence of robust transportation infrastructure and electric vehicle charging workstations in countries of Asia Pacific will create new growth opportunities for regional industry over the assessment period. With reputed EV producers found in countries like Japan and South Korea along with steep increase in electric vehicle sales, the demand for electric HVAC compressors is anticipated to gain momentum across vehicle manufacturing sector in sub-continent. This, in turn, will boost regional market trends.
The key market participants include Denso Corporation, Valeo S.A., Hanon Systems, Toyota Industries Corporation, MAHLE GmbH, Highly Marelli Holdings Co., Ltd., and SANDEN Holdings Corporation.
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