Automotive Air-Conditioning Electric Compressors Market Growth Analysis, Market Dynamics, Key Players and Innovations, Outlook and Forecast 2025-2031
The global Automotive
Air-Conditioning Electric Compressors market was valued at US$ 5147.50 million
in 2023 and is anticipated to reach US$ 16011.94 million by 2030, witnessing a
CAGR of 16.76% during the forecast period 2024-2030.
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Automotive
Air-Conditioning Electric Compressors, or AC Electric Compressors, are
electrically-powered air conditioning compressors used in hybrid or electric
vehicles. Unlike traditional automotive air conditioning systems, which rely on
the vehicle's engine to power the compressor, electric compressors use
electricity from the vehicle's battery or electrical system.
Europe market for
Automotive Air-Conditioning Electric Compressors is estimated to increase from
$ 721.69 million in 2023 to reach $ 2,111.08 million by 2030, at a CAGR of
15.51% during the forecast period of 2024 through 2030.
China market for
Automotive Air-Conditioning Electric Compressors is estimated to increase from
$ 2,552.44 million in 2023 to reach $ 10,539.12 million by 2030, at a CAGR of
20.90% during the forecast period of 2024 through 2030.
Japan market for
Automotive Air-Conditioning Electric Compressors is estimated to increase from
$ 1,663.08 million in 2023 to reach $ 2,857.06 million by 2030, at a CAGR of
8.00% during the forecast period of 2024 through 2030.
South Korea market for
Automotive Air-Conditioning Electric Compressors is estimated to increase from
$ 172.01 million in 2023 to reach $ 337.11 million by 2030, at a CAGR of 7.75%
during the forecast period of 2024 through 2030.
The major global
manufacturers of Automotive Air-Conditioning Electric Compressors include
Toyota Industries, Hanon Systems, Aotecar, Sanden HASCO, BYD, MAHLE, Sanden,
Zhongcheng New Energy, Valeo, Brose, Weiling Auto Parts (Media), Shanghai
Highly, Shanghai Velle (Huayi), Xingtai Guiyou New Energy, Yuebo Auto, SONGZ,
Yinhe Electronics, Shanghai Benling, Yinmao Holiding Group, Shanghai Guangyu, Sichuan
TianQuan, etc. In 2023, the world's top five vendors accounted for
approximately 68.09%of the revenue.
Report Scope
This report aims to
provide a comprehensive presentation of the global market for Automotive
Air-Conditioning Electric Compressors, with both quantitative and qualitative
analysis, to help readers develop business/growth strategies, assess the market
competitive situation, analyze their position in the current marketplace, and
make informed business decisions regarding Automotive Air-Conditioning Electric
Compressors.
The Automotive
Air-Conditioning Electric Compressors market size, estimations, and forecasts
are provided in terms of output/shipments (K Units) and revenue ($ millions),
considering 2023 as the base year, with history and forecast data for the
period from 2019 to 2030. This report segments the global Automotive
Air-Conditioning Electric Compressors market comprehensively. Regional market
sizes, concerning products by Type, by Application, and by players,
are also provided.
For a more in-depth
understanding of the market, the report provides profiles of the competitive
landscape, key competitors, and their respective market ranks. The
report also discusses technological trends and new product developments.
The report will help
the Automotive Air-Conditioning Electric Compressors manufacturers, new
entrants, and industry chain related companies in this market with information
on the revenues, production, and average price for the overall market and the
sub-segments across the different segments, by company, by Type, by
Application, and by regions.
Market Segmentation
By Company
- Toyota Industries
- Hanon Systems
- Aotecar
- Sanden HASCO
- BYD
- MAHLE
- Sanden
- Zhongcheng New Energy
- Valeo
- Brose
- Weiling Auto Parts (Media)
- Shanghai Highly
- Shanghai Velle (Huayi)
- Xingtai Guiyou New Energy
- Yuebo Auto
- SONGZ
- Yinhe Electronics
- Shanghai Benling
- Yinmao Holiding Group
- Shanghai Guangyu
- Sichuan TianQuan
- Mitsubishi
- Panasonic
by Type
- Below 25 cc/r
- 25 ~ 40 cc/r
- Above 40 cc/r
by Application
- Passenger Vehicle
- Commercial Vehicle
Production by Region
- Europe
- China
- Japan
- South Korea
Consumption by Region
- North America
- U.S.
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
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