The Global Automotive Electric HVAC Compressor Market is expected to be above US$ 9,258.3 Mn in 2020, growing at a CAGR of 22% from 2021 to 2028.
Report coverage
| Market |
Automotive Electric HVAC Compressor Market |
| Analysis Period |
2017 - 2028 |
| Base Year |
2020 |
| Forecast Data |
2021 - 2028 |
| Segments Covered |
By Vehicle Type, By Product Type, By Drivetrain Type and By Geography |
| Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled |
Mitsubishi Heavy Industries Ltd, Denso group, Estra automotive systems co, limited. Hanon Systems, Valeo SA, Toyota industries corporation, Michigan Automotive Compressor, Subros Ltd, Marelli Holdings Co. Ltd, KGgAmahle GMBH and Hella gmbh and co. |
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
| Customization Scope |
10 hrs of free customization and expert consultation |
HVAC instruments are mechanical systems that provide luxury of thermal control and indoor air quality. The HVAC system is customized accordingly to obtain good environment in terms of air quality and coolness in hot conditions. The automotive electric HVAC instruments are widely used in vehicles, residential buildings, commercial complexes and institutional complexes. The compressor is a crucial part in HVAC systems as it acts like a heart of the HVAC system. The automatic electric compressor eliminates the heat generated by air conditioning system and forms a refrigerator condition that cools the air and provides thermal comfort to the occupants. The heating, ventilation and cooling compressor is a latest trend in the industry and has got wonderful response from consumers in cars segment, as it assures cabin comfort while driving. In 20th century, many companies used to manufacture reciprocal compressors which had minimal pressure on engines and provided poor air quality. As technology evolved many companies developed fuel efficient vehicles, electric cars using different kind automatic compressor which have got significant importance and this evolution has propelled many companies to next level of their business. During 2012-2013 it initially started in European countries and later it was expanded to other regions. This is due to presence of number of luxury car manufacturing companies in European region. And later this technology augmented to improve fuel efficiency and fuel economy. The oil pumps and electric coolant pumps are replaced with automatic e-compressor in order to expand the businesses. Now-a-days electric cars and electrical AC compressors in cars are gaining a lot of attention and importance because of zero emission from vehicles, zero fuel charges, environment awareness programs and government subsidy schemes. In terms of environment, greenhouse effect and ozone layer depletion is major problem which is caused due to emissions from vehicles and AC systems, to overcome this problem many popular automotive industries are continuously working and spending huge investments in R&D.
Market Dynamics
Recent advancements in electric vehicles and use of air conditioners in these cars is expected to swift the market growth over the forecast period. Bad environmental and heat conditions has led to use more air-conditioning system in cars this is a major driving factor to fuel the market growth. Adoption of updated new generation vehicles such as electric vehicles, hybrid electric vehicles would escalate the market growth worldwide. Few popular automotive industry players are striving to develop eco-friendly vehicles to comply with present environmental regulations, this could be resulted to fuel the market growth.
Maintenance problems, low fuel economy, technical problems, high power requirements, more time to recharge electric vehicles and high prices of vehicles are the factors that restrain the growth of the market.
Segment Analysis by Region:
The global Automotive Electric HVAC Compressor Market is segmented as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Europe accounted for highest market share due to presence of large number luxury automotive industries and has highest growth opportunities in this region. Asia-Pacific is second after Europe as several industries are focusing on research and development facilities to introduce new updated products in the market. Germany, Japan, China, and India are the major countries to contribute high market share. APAC region is expected to grow at faster pace over the forecast period.
Covid-19 Impact on Global Automotive Electric HVAC Compressor Market:
The automotive industry has faced the worst situation ever in this century due to outbreak of COVID-19. Forcible imposition of lockdowns by many countries has had a negative impact in sales and development of automotive industry. It might take 3-4 years to bring back the situation back on track for the automotive industry. Such predictions by market analyst are creating many challenges for stakeholders and investors to invest. Rising fuel cost in developing economies and well-structured strategies to electric vehicles penetration in the automotive industry is expected to revive the market growth after COVID-19 pandemic eradication. Micro airborne particles are a major cause to spread of the covid-19 virus, hence many companies are trying to produce new HVAC systems in order to reduce disease transmission and to improve air quality.
Competitive Landscape
The global Automotive Electric HVAC Compressor Market is highly fragmented by top industry players including Mitsubishi Heavy Industries Ltd, Denso group, Estra automotive systems co, limited. Hanon Systems, Valeo SA, Toyota industries corporation, Michigan Automotive Compressor, Subros Ltd, Marelli Holdings Co. Ltd, KGgAmahle GMBH and Hella gmbh and co.
Automotive Electric HVAC Compressor Market Segment Analysis, 2021
The global Automotive Electric HVAC Compressor Market is segregated as vehicle type, product type, drivetrain type, and geography. The Vehicle type is sub-segmented as passenger cars, heavy commercial vehicles, and light commercial vehicles. The product type is further bifurcated as scroll, screw, swash, and wobble. The drivetrain is further divided into plug-in hybrid electric vehicles, hybrid electric vehicles, and battery electric vehicles.
Market Segmentation
Market By Vehicle Type
Passenger Cars
Heavy Commercial Vehicle (HCV)
Light Commercial Vehicle (LCV)
Market By Product Type
Scroll
Screw
Swash
Wobble
Market By Drivetrain Type
Plug-in hybrid electric vehicle (PHEV)
Battery Electric Vehicles (BEV)
Hybrid Electric Vehicle (HEV)
Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Automotive Electric HVAC Compressor
1.1. Definition and Scope
1.1.1. Definition of Automotive Electric HVAC Compressor
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Automotive Electric HVAC Compressor Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Automotive Electric HVAC Compressor Market By Vehicle Type
1.2.3. Automotive Electric HVAC Compressor Market By Product Type
1.2.4. Automotive Electric HVAC Compressor Market By Drivetrain Type
1.2.5. Automotive Electric HVAC Compressor Market By Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Automotive Electric HVAC Compressor Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Automotive Electric HVAC Compressor Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2020
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2020
4.2. R&D Status and Application Source of Automotive Electric HVAC Compressor Major Manufacturers in 2020
CHAPTER 5. Automotive Electric HVAC Compressor Market By Vehicle Type
5.1. Introduction
5.2. Automotive Electric HVAC Compressor Revenue By Vehicle Type
5.2.1. Automotive Electric HVAC Compressor Revenue (US$ Mn) and Forecast, By Vehicle Type, 2021-2028
5.2.2. Passenger Cars
5.2.2.1. Passenger Cars Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
5.2.3. HCV
5.2.3.1. HCV Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
5.2.4 LCV
5.2.4.1 LCV Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
CHAPTER 6. Automotive Electric HVAC Compressor Market Revenue By Product Type
6.1. Introduction
6.2. Automotive Electric HVAC Compressor Revenue (US$ Mn) By Product Type
6.2.1. Automotive Electric HVAC Compressor Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
6.2.2. Scroll
6.2.2.1. Scroll Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
6.2.3. Screw
6.2.3.1. Screw Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
6.2.4. Swash
6.2.4.1. Swash Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
6.2.5. Wobble
6.2.5.1. Wobble Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
CHAPTER 7. Automotive Electric HVAC Compressor Market By Drivetrain Type
7.1. Introduction
7.2. Automotive Electric HVAC Compressor Revenue (US$ Mn) By Drivetrain Type
7.2.1. Automotive Electric HVAC Compressor Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
7.2.2. PHEV
7.2.2.1. PHEV Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
7.2.3. BEV
7.2.3.1. BEV Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
7.2.4. HEV
7.2.4.1. HEV Market Revenue (US$ Mn) and Growth Rate (%), 2021-2028
CHAPTER 8. North America Automotive Electric HVAC Compressor Market By Country
8.1. North America Automotive Electric HVAC Compressor Overview
8.2. U.S.
8.2.1. U.S.Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
8.2.2. U.S. Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
8.2.3. U.S. Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
8.3. Canada
8.3.1. Canada Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
8.3.2. Canada Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
8.3.3. Canada Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
8.4. North America PEST Analysis
CHAPTER 9. Europe Automotive Electric HVAC Compressor Market By Country
9.1. Europe Automotive Electric HVAC Compressor Market Overview
9.2. U.K.
9.2.1. U.K.Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
9.2.2. U.K.Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
9.2.3. U.K.Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
9.3. Germany
9.3.1. Germany Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
9.3.2. Germany Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
9.3.3. Germany Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
9.4. France
9.4.1. France Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
9.4.2. France Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
9.4.3. France Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
9.5. Spain
9.5.1. Spain Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
9.5.2. Spain Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
9.5.3. Spain Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
9.6. Rest of Europe
9.6.1. Rest of Europe Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
9.6.2. Rest of Europe Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
9.6.3. Rest of EuropeAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Automotive Electric HVAC Compressor Market By Country
10.1. Asia Pacific Automotive Electric HVAC Compressor Market Overview
10.2. China
10.2.1. China Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
10.2.2. China Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
10.2.3. China Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
10.3. Japan
10.3.1. Japan Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
10.3.2. Japan Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
10.3.3. Japan Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
10.4. India
10.4.1. India Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
10.4.2. India Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
10.4.3. India Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
10.5. Australia
10.5.1. Australia Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
10.5.2. Australia Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
10.5.3. Australia Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
10.6. South Korea
10.6.1. South Korea Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
10.6.2. South Korea Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
10.6.3. South Korea Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-PacificAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
10.7.2. Rest of Asia-PacificAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
10.7.3. Rest of Asia-PacificAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Automotive Electric HVAC Compressor Market By Country
11.1. Latin AmericaAutomotive Electric HVAC Compressor Market Overview
11.2. Brazil
11.2.1. Brazil Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
11.2.2. BrazilAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
11.2.3. BrazilAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
11.3. Mexico
11.3.1. MexicoAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
11.3.2. MexicoAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
11.3.3. MexicoAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
11.4. Rest of Latin America
11.4.1. Rest of Latin AmericaAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
11.4.2. Rest of Latin AmericaAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
CHAPTER 12. Middle East & Africa Automotive Electric HVAC Compressor Market By Country
12.1. Middle East & Africa Automotive Electric HVAC Compressor Market Overview
12.2. Saudi Arabia
12.2.1. Saudi ArabiaAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
12.2.2. Saudi ArabiaAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
12.2.3. Saudi ArabiaAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
12.3. UAE
12.3.1. UAEAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
12.3.2. UAEAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
12.3.3. UAEAutomotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Vehicle Type, 2021-2028
12.4.2. Rest of Middle East & Africa Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Product Type, 2021-2028
12.4.3. Rest of Middle East & Africa Automotive Electric HVAC Compressor Market Revenue (US$ Mn) and Forecast By Drivetrain Type, 2021-2028
CHAPTER 13. PLAYER ANALYSIS OF AUTOMOTIVE ELECTRIC HVAC COMPRESSOR
13.1. Automotive Electric HVAC Compressor Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Automotive Electric HVAC Compressor Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. COMPANY PROFILE
14.1. DENSO Corp
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2020
14.1.3.2. DENSO Corp2020Automotive Electric HVAC Compressor Business Regional Distribution
14.1.4. Product/ Service and Specification
14.1.5. Recent Developments& Business Strategy
14.1.6. Manufacturing Plant Footprint Analysis
14.2. Mitsubishi Heavy Industries Ltd
14.3. ESTRA Automotive Systems Co. Ltd
14.4. Hanon Systems
14.5. HELLA GmbH and Co.
14.6. KGaA
14.7. MAHLE GmbH
14.8. Marelli Holdings Co. Ltd
14.9. Subros Ltd
14.10. Michigan Automotive Compressor
14.11. Toyota Industries Corp
14.12. Valeo SA
14.13. Others
