Published by TMR Research Insights
Posted on October 6, 2021
According to the report, the global automotive e-compressor market is projected to cross 122.5 million units by 2030, expanding at a CAGR of ~33%, in terms of volume, during the forecast period. The market for next-generation vehicles, such as electric vehicles (EV) and hybrid electric vehicles (HEV/PHEV) is expanding due to introduction of various models by automobile manufacturers based in Japan, Europe, North America, and China, and venture companies entering the market to capture the growing electric vehicles segment. This, in turn, is boosting the global e-compressor market. Automotive manufacturers globally have been focusing on the adoption of electric compressors for AC systems, since e-compressors possess greater cooling functionality and are more energy-efficient compared to their conventional counterparts.
Expansion of Automotive E-Compressor Market
Passenger cars are the major vehicle type driving the adoption of e-compressors, followed by light duty vehicles and buses. The electrification of heavy-duty trucks is in the nascent stage. In terms of e-compressor type, currently, horizontal variable frequency scroll compressors are being extensively utilized in new energy passenger car air conditioners. This e-compressor type is easy to control and offers better efficiency at high speed. The demand for scroll type e-compressors registered an increase of 34.19% with sale of 3.71 million units in 2019. Sales are anticipated to reach 63.73 million units by 2030. Among drivetrains, electric vehicles remain as a major user of the e-compressor technology. Environmental norms, regulatory incentives, and infrastructure to support electric vehicles have been driving EV sales and subsequently, fueling the demand for e-compressors.
Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=71640
Regional Analysis of Automotive E-Compressor Market
In terms of region, the global automotive e-compressor market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is anticipated to lead the global automotive e-compressor market during the forecast period, due to prominent rise in sales of electric vehicles, with China already holding the largest electric vehicle fleet of 2 million vehicles. Vietnam has established its own electric vehicle manufacturing facilities, and there has been the collaboration of the Government of the Philippines with the Asian Development Bank for the adoption of e-trike. Developments such as extensive electric vehicle manufacturing capabilities of China and India and high-tech developments in both automotive hardware and software components by Japan and Korea showcase the growth potential for e-compressor market in the region.
Buy Our Premium Research Report at – https://www.transparencymarketresearch.com/checkout.php?rep_id=71640<ype=S
Automotive E-Compressor Market Players
Key players operating in the global e-compressor market include Denso Corporation, Sanden Corporation, Mahle Behr GmbH, Toyota Industries Corporation, Hanon Systems, Robert Bosch GmbH, Valeo S.A., Marelli, SCHOTT AG, and Mitsubishi Heavy Industries Automotive Thermal Systems Co., Ltd.
More Trending Reports by Transparency Market Research –
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact Us
Mr. Rohit Bhisey
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
According to the report, the global automotive e-compressor market is projected to cross 122.5 million units by 2030, expanding at a CAGR of ~33%, in terms of volume, during the forecast period. The market for next-generation vehicles, such as electric vehicles (EV) and hybrid electric vehicles (HEV/PHEV) is expanding due to introduction of various models by automobile manufacturers based in Japan, Europe, North America, and China, and venture companies entering the market to capture the growing electric vehicles segment. This, in turn, is boosting the global e-compressor market. Automotive manufacturers globally have been focusing on the adoption of electric compressors for AC systems, since e-compressors possess greater cooling functionality and are more energy-efficient compared to their conventional counterparts.
Expansion of Automotive E-Compressor Market
Passenger cars are the major vehicle type driving the adoption of e-compressors, followed by light duty vehicles and buses. The electrification of heavy-duty trucks is in the nascent stage. In terms of e-compressor type, currently, horizontal variable frequency scroll compressors are being extensively utilized in new energy passenger car air conditioners. This e-compressor type is easy to control and offers better efficiency at high speed. The demand for scroll type e-compressors registered an increase of 34.19% with sale of 3.71 million units in 2019. Sales are anticipated to reach 63.73 million units by 2030. Among drivetrains, electric vehicles remain as a major user of the e-compressor technology. Environmental norms, regulatory incentives, and infrastructure to support electric vehicles have been driving EV sales and subsequently, fueling the demand for e-compressors.
Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=71640
Regional Analysis of Automotive E-Compressor Market
In terms of region, the global automotive e-compressor market has been segregated into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is anticipated to lead the global automotive e-compressor market during the forecast period, due to prominent rise in sales of electric vehicles, with China already holding the largest electric vehicle fleet of 2 million vehicles. Vietnam has established its own electric vehicle manufacturing facilities, and there has been the collaboration of the Government of the Philippines with the Asian Development Bank for the adoption of e-trike. Developments such as extensive electric vehicle manufacturing capabilities of China and India and high-tech developments in both automotive hardware and software components by Japan and Korea showcase the growth potential for e-compressor market in the region.
Buy Our Premium Research Report at – https://www.transparencymarketresearch.com/checkout.php?rep_id=71640<ype=S
Automotive E-Compressor Market Players
Key players operating in the global e-compressor market include Denso Corporation, Sanden Corporation, Mahle Behr GmbH, Toyota Industries Corporation, Hanon Systems, Robert Bosch GmbH, Valeo S.A., Marelli, SCHOTT AG, and Mitsubishi Heavy Industries Automotive Thermal Systems Co., Ltd.
More Trending Reports by Transparency Market Research –
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact Us
Mr. Rohit Bhisey
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Explore more articles in the Research Reports category
