Global automotive e-compressor market is expected to reach USD 18.59 billion by 2033, at a CAGR of 27.4% from 2024 to 2033. The increasing trend of hybridization or electrification of vehicles and government incentives for electric cars drive the expansion of the automotive e-compressor market. Automotive e-compressors provide a major advantage by delivering cleaner air to the cabin and featuring low oil carryover capacity that simplifies installation. However, due to their complex design and manufacturing processes, producing vehicle electric HVAC compressors drives up production costs. The production volume of electric HVAC compressors is lower than that of belt-driven ones, which implies that automotive HVAC and vehicle manufacturers have to bear the extra expenses related to their manufacturing. Consequently, the revenue for automobile manufacturers of e-compressors increases.
The electric compressor compresses the gaseous refrigerant & assures high temperatures & high pressures. Further, automotive electric compressors or E-compressors are widely utilized in vehicles to support the operation of the HVAC system for passenger convenience. Electric compressors are compressors that are provided with a built-in motor. The e-compressor is powered via the car battery in the non-electric vehicle, and the alternator will recharge the battery. E-compressor is beneficial in covering the battery from overheating and ultimately the car from collapsing. The air conditioning method is the most significant auxiliary load in a vehicle where the compressor utilizes the largest. The electric-driven compressors are usually used in the A/C system of electric cars, essentially scroll compressors. The e-compressor is powered by the car battery in the non-electric vehicle, which the alternator will recharge the battery. Further, the advantage of the automotive e-compressor is that the more friendly AC system detects the power supply voltage & determines the driving power according to the power supply condition. Additionally, another benefit of the automotive e-compressor is the built-in drive and robust capability to adapt to load in the strong cooling automatically. And this is a high-precision control, fast cooling, fast response speed, and wide adjustment range.
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The stringent regulation on vehicle efficiency and emissions is one of the driving factors of market growth. Further, the emission models are the legal needs governing air pollutants released into the environment. An emission performance standard is a limitation that sets points beyond which different types of vehicle emissions control technology. Moreover, the traditional belt-driven compressor expands the engine's workload, which reduces the efficiency & performance of the vehicle, therefore resulting in higher emissions, which helps drive the market's growth.
The enormous initial and maintenance costs are the restraining factor of the market. Further, the execution of electric HVAC compressors contains heavy-duty electric wiring, which ultimately surges the overall price of the system. Additionally, the repairs & maintenance of electric compressors is a complex task requiring optimum level expertise, thus raising the overall price. Furthermore, the sales of electric vehicles are going via a decline stage due to the enormous cost and range anxiety related to electric cars.
The lucrative presence of industry contributors worldwide is a significant factor driving the automotive e-compressor market. Also, the recent improvements in e-vehicles and the usage of air conditioners in these automobiles help boost the market growth during the projection period. Moreover, the rising competition among industry players is the opportunity factor of the market growth during the forecast period. Further, some top players' expansive array of innovative products has been beneficial for these vendors across their competitors. Thus, the rising emergence of local vendors is anticipated to amplify competitiveness in the automotive e-compressors market. The increasing pollution levels worldwide demand fuel-efficient & environment-friendly cars to decrease carbon emissions. Additionally, the rising awareness among customers to utilize fuel-efficient solutions is propelling the global market.
The global automotive e-compressor market has been segmented based on sales channel, product type, vehicle type, cooling capacity, and regions.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and the Middle East and Africa. Asia Pacific region emerged as the largest market for the global automotive e-compressor market with a 45.3% share of the market revenue in 2023.
Asia-Pacific Region Automotive E-Compressor Market Share in 2023 - 45.3%
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The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global automotive e-compressor industry.
Report Description:
As per The Brainy Insights, the size of the automotive e-compressor market was valued at USD 1.65 billion in 2023 to USD 18.59 billion by 2033.
Global automotive e-compressor market is growing at a CAGR of 27.4% during the forecast period 2024-2033.
Asia-Pacific region emerged as the largest market for the automotive e-compressor.
The market's growth will be influenced by several automotive manufacturers' rising demand for e-compressors to achieve fuel efficiency.
The huge initial costs and maintenance costs could hamper the market growth.
The rising competition among market players will provide considerable opportunities to the market.
Key players are Mahle Behr GmbH, Denso Corporation, Toyota Industries Corporation, Valeo S.A., Mitsubishi Heavy Industries Automotive Thermal Systems Co., Ltd, Robert Bosch GmbH, Sanden Corporation, Hanon Systems, SCHOTT AG, Marelli, and among others.
Key players are Mahle Behr GmbH, Denso Corporation, Toyota Industries Corporation, Valeo S.A., Mitsubishi Heavy Industries Automotive Thermal Systems Co., Ltd, Robert Bosch GmbH, Sanden Corporation, Hanon Systems, SCHOTT AG, Marelli, and among others.
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Sales Channel
4.3.2. Market Attractiveness Analysis By Product
4.3.3. Market Attractiveness Analysis By Type
4.3.4. Market Attractiveness Analysis By Vehicle Type
4.3.5. Market Attractiveness Analysis By Cooling Capacity
4.3.6. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. The raised usage of automatic air conditioning methods in vehicles
5.2.2. The ever-increasing competition among industry players
5.2.3. The technological expansions in the car
5.2.4. The increasing trend of hybridization or electrification of vehicles
5.3. Restraints
5.3.1. Huge initial costs and maintenance costs
5.3.2. Less knowledge among the consumers about the servicing & charging operations of hybrid vehicles & electric vehicles
5.4. Opportunities
5.4.1. The rising competition among market players
6. Global Automotive E-Compressor Market Analysis and Forecast, By Sales Channel
6.1. Segment Overview
6.2. Aftermarket
6.3. OEM
7. Global Automotive E-Compressor Market Analysis and Forecast, By Product
7.1. Segment Overview
7.2. Wobble
7.3. Screw
7.4. Scroll
7.5. Swash
7.6. Others
8. Global Automotive E-Compressor Market Analysis and Forecast, By Type
8.1. Segment Overview
8.2. Hybrid Electric Vehicles (HEV)
8.3. Electric Vehicles (EV)
9. Global Automotive E-Compressor Market Analysis and Forecast, By Vehicle Type
9.1. Segment Overview
9.2. Medium & Heavy Commercial Vehicles
9.3. Passenger Vehicle
9.4. Light Commercial Vehicles
10. Global Automotive E-Compressor Market Analysis and Forecast, By Cooling Capacity
10.1. Segment Overview
10.2. More than 60 CC
10.3. 20 to 40 CC
10.4. Less than 20 CC
11. Global Automotive E-Compressor Market Analysis and Forecast, By Regional Analysis
11.1. Segment Overview
11.2. North America
11.2.1. U.S.
11.2.2. Canada
11.2.3. Mexico
11.3. Europe
11.3.1. Germany
11.3.2. France
11.3.3. U.K.
11.3.4. Italy
11.3.5. Spain
11.4. Asia-Pacific
11.4.1. Japan
11.4.2. China
11.4.3. India
11.5. South America
11.5.1. Brazil
11.6. Middle East and Africa
11.6.1. UAE
11.6.2. South Africa
12. Global Automotive E-Compressor Market-Competitive Landscape
12.1. Overview
12.2. Market Share of Key Players in Global Automotive E-Compressor Market
12.2.1. Global Company Market Share
12.2.2. North America Company Market Share
12.2.3. Europe Company Market Share
12.2.4. APAC Company Market Share
12.3. Competitive Situations and Trends
12.3.1. Product Launches and Developments
12.3.2. Partnerships, Collaborations, and Agreements
12.3.3. Mergers & Acquisitions
12.3.4. Expansions
13. Company Profiles
13.1. Mahle Behr GmbH
13.1.1. Business Overview
13.1.2. Company Snapshot
13.1.3. Company Market Share Analysis
13.1.4. Company Product Portfolio
13.1.5. Recent Developments
13.1.6. SWOT Analysis
13.2. Denso Corporation
13.2.1. Business Overview
13.2.2. Company Snapshot
13.2.3. Company Market Share Analysis
13.2.4. Company Product Portfolio
13.2.5. Recent Developments
13.2.6. SWOT Analysis
13.3. Toyota Industries Corporation
13.3.1. Business Overview
13.3.2. Company Snapshot
13.3.3. Company Market Share Analysis
13.3.4. Company Product Portfolio
13.3.5. Recent Developments
13.3.6. SWOT Analysis
13.4. Valeo S.A.
13.4.1. Business Overview
13.4.2. Company Snapshot
13.4.3. Company Market Share Analysis
13.4.4. Company Product Portfolio
13.4.5. Recent Developments
13.4.6. SWOT Analysis
13.5. Mitsubishi Heavy Industries Automotive Thermal Systems Co., Ltd
13.5.1. Business Overview
13.5.2. Company Snapshot
13.5.3. Company Market Share Analysis
13.5.4. Company Product Portfolio
13.5.5. Recent Developments
13.5.6. SWOT Analysis
13.6. Robert Bosch GmbH
13.6.1. Business Overview
13.6.2. Company Snapshot
13.6.3. Company Market Share Analysis
13.6.4. Company Product Portfolio
13.6.5. Recent Developments
13.6.6. SWOT Analysis
13.7. Sanden Corporation
13.7.1. Business Overview
13.7.2. Company Snapshot
13.7.3. Company Market Share Analysis
13.7.4. Company Product Portfolio
13.7.5. Recent Developments
13.7.6. SWOT Analysis
13.8. Hanon Systems
13.8.1. Business Overview
13.8.2. Company Snapshot
13.8.3. Company Market Share Analysis
13.8.4. Company Product Portfolio
13.8.5. Recent Developments
13.8.6. SWOT Analysis
13.9. SCHOTT AG
13.9.1. Business Overview
13.9.2. Company Snapshot
13.9.3. Company Market Share Analysis
13.9.4. Company Product Portfolio
13.9.5. Recent Developments
13.9.6. SWOT Analysis
13.10. Marelli
13.10.1. Business Overview
13.10.2. Company Snapshot
13.10.3. Company Market Share Analysis
13.10.4. Company Product Portfolio
13.10.5. Recent Developments
13.10.6. SWOT Analysis
List of Table
1. Global Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
2. Global Aftermarket, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
3. Global OEM, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
4. Global Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
5. Global Wobble, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
6. Global Screw, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
7. Global Scroll, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
8. Global Swash, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
9. Global Others, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
10. Global Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
11. Global Hybrid Electric Vehicles (HEV), Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
12. Global Electric Vehicles (EV), Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
13. Global Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
14. Global Medium & Heavy Commercial Vehicles, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
15. Global Passenger Vehicle, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
16. Global Light Commercial Vehicles, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
17. Global Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
18. Global More than 60 CC, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
19. Global 20 to 40 CC, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
20. Global Less than 20 CC, Automotive E-Compressor Market, By Region, 2020-2033 (USD Billion)
21. North America Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
22. North America Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
23. North America Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
24. North America Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
25. North America Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
26. U.S. Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
27. U.S. Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
28. U.S. Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
29. U.S. Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
30. U.S. Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
31. Canada Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
32. Canada Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
33. Canada Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
34. Canada Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
35. Canada Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
36. Mexico Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
37. Mexico Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
38. Mexico Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
39. Mexico Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
40. Mexico Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
41. Europe Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
42. Europe Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
43. Europe Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
44. Europe Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
45. Europe Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
46. Germany Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
47. Germany Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
48. Germany Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
49. Germany Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
50. Germany Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
51. France Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
52. France Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
53. France Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
54. France Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
55. France Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
56. U.K. Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
57. U.K. Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
58. U.K. Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
59. U.K. Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
60. U.K. Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
61. Italy Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
62. Italy Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
63. Italy Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
64. Italy Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
65. Italy Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
66. Spain Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
67. Spain Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
68. Spain Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
69. Spain Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
70. Spain Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
71. Asia Pacific Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
72. Asia Pacific Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
73. Asia Pacific Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
74. Asia Pacific Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
75. Asia Pacific Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
76. Japan Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
77. Japan Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
78. Japan Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
79. Japan Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
80. Japan Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
81. China Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
82. China Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
83. China Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
84. China Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
85. China Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
86. India Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
87. India Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
88. India Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
89. India Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
90. India Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
91. South America Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
92. South America Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
93. South America Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
94. South America Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
95. South America Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
96. Brazil Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
97. Brazil Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
98. Brazil Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
99. Brazil Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
100. Brazil Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
101. Middle East and Africa Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
102. Middle East and Africa Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
103. Middle East and Africa Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
104. Middle East and Africa Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
105. Middle East and Africa Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
106. UAE Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
107. UAE Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
108. UAE Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
109. UAE Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
110. UAE Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
111. South Africa Automotive E-Compressor Market, By Sales Channel, 2020-2033 (USD Billion)
112. South Africa Automotive E-Compressor Market, By Product, 2020-2033 (USD Billion)
113. South Africa Automotive E-Compressor Market, By Type, 2020-2033 (USD Billion)
114. South Africa Automotive E-Compressor Market, By Vehicle Type, 2020-2033 (USD Billion)
115. South Africa Automotive E-Compressor Market, By Cooling Capacity, 2020-2033 (USD Billion)
List of Figures
1. Global Automotive E-Compressor Market Segmentation
2. Global Automotive E-Compressor Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Automotive E-Compressor Market Attractiveness Analysis By Sales Channel
9. Global Automotive E-Compressor Market Attractiveness Analysis By Product
10. Global Automotive E-Compressor Market Attractiveness Analysis By Type
11. Global Automotive E-Compressor Market Attractiveness Analysis By Vehicle Type
12. Global Automotive E-Compressor Market Attractiveness Analysis By Cooling Capacity
13. Global Automotive E-Compressor Market Attractiveness Analysis By Region
14. Global Automotive E-Compressor Market: Dynamics
15. Global Automotive E-Compressor Market Share By Sales Channel (2023 & 2033)
16. Global Automotive E-Compressor Market Share By Product (2023 & 2033)
17. Global Automotive E-Compressor Market Share By Type (2023 & 2033)
18. Global Automotive E-Compressor Market Share By Vehicle Type (2023 & 2033)
19. Global Automotive E-Compressor Market Share By Cooling Capacity (2023 & 2033)
20. Global Automotive E-Compressor Market Share By Regions (2023 & 2033)
21. Global Automotive E-Compressor Market Share By Company (2023)
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global automotive e-compressor based on below mentioned segments:
Global Automotive E-Compressor by Sales Channel:
Global Automotive E-Compressor by Product:
Global Automotive E-Compressor by Type:
Global Automotive E-Compressor by Vehicle Type:
Global Automotive E-Compressor by Cooling Capacity:
Global Automotive E-Compressor by Region:
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This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.
The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:
Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.
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