Automotive Electric HVAC Compressor Market - Global Industry Analysis

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, 2021 – 2028

Published Date: 05-Jul-2021 Category: Automotive Report Format : PDF Pages: 130 Report Code: ZMR-6451 Status : Published

The global automotive electric HVAC compressor market accrued earnings worth approximately 10.01 (USD Billion) in 2020 and is predicted to gain revenue of about 38.51(USD Billion) by 2028, is set to record a CAGR of nearly 21.2% over the period from 2021 to 2028.

Description

The global automotive electric HVAC compressor market accrued earnings worth approximately 10.01 (USD Billion) in 2020 and is predicted to gain revenue of about 38.51(USD Billion) by 2028, is set to record a CAGR of nearly 21.2% over the period from 2021 to 2028. The report offers assessment and analysis of the automotive electric HVAC compressor market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Automotive Electric HVAC Compressor Market: Outlook

An electric HVAC compressor provides myriad advantages in comparision to conventional compressor. These benefits include less power usage, compact size, controlled speed of revolution, and noise-free functions in vehicles. Additionally, an electric HVAC compressor is a key part of overall operations of electric vehicle. Surging fuel costs along with rise in awareness associated with ecological protection is steering acceptance of electric automotive, thereby esclating popularity of electric HVAC compressors.

Automotive Electric HVAC Compressor Market: Growth Drivers

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. Nonetheless, huge initial prices & maintenance costs of product will inhibit growth of automotive electric HVAC compressor industry during 2021-2028.

Moreover, growing concerns pertaining to minimization of fuel emissions from vehicles will translate into massive demand for electric HVAC compressors in vehicles over the upcoming years. Apart from this, surge in sales of electric vehicles in European countries will spearhead expansion of automotive electric HVAC compressor market over next couple of years.  

Regional Landscape

Asia Pacific Market Share To Witness Massive Surge Over 2021-2028

The growth of automotive electric HVAC compressor industry in APAC over anticipated timespan 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.

Competitive Landscape

Key players profiled in report include Denso Corporation, Valeo S.A., Hanon Systems, Toyota Industries Corporation, MAHLE GmbH, Highly Marelli Holdings Co., Ltd., and SANDEN Holdings Corporation.

The global Automotive Electric HVAC Compressor Market is segmented as follows:

By Vehicle Type

  • Passenger Vehicles
  • Buses & Coaches
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Capacity

  • Less Than 20CC
  • 20CC-40CC
  • 40CC-60CC
  • More Than 60CC

By Drivetrain

  • Plug-in Hybrid Electric Vehicles
  • Hybrid Electric Vehicles
  • Battery Electric Vehicles

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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
  • 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)
  • 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)
  • 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)
  • 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

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)
 


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

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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. Nonetheless, huge initial prices & maintenance costs of product will inhibit growth of automotive electric HVAC compressor industry during 2021-2028.

Moreover, growing concerns pertaining to minimization of fuel emissions from vehicles will translate into massive demand for electric HVAC compressors in vehicles over the upcoming years. Apart from this, surge in sales of electric vehicles in European countries will spearhead expansion of automotive electric HVAC compressor market over next couple of years.   

 

According to Zion market research report, the global automotive electric HVAC compressor market accrued earnings worth approximately 10.01 (USD Billion) in 2020 and is predicted to gain revenue of about 38.51(USD Billion) by 2028, is set to record a CAGR of nearly 21.2% over the period from 2021 to 2028.

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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