조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년05월
Automotive E-Compressor Market – Global Forecast to 2033
자동차용 전동 컴프레서 시장 : 컴프레서 유형(스크롤, 로터리 스크류, 원심, 회귀식, 축방향), 기술(VFD, 고정 속도), 용량(소형, 중형, 대형), 차량 유형, 추진력(BEV, PHEV, HEV, FCEV) – 2033 년까지의 세계 예측
Automotive E-Compressor Market by Compressor Type (Scroll, Rotary Screw, Centrifugal, Reciprocating, Axial), Technology (VFD, Fixed Speed), Capacity (Small, Medium, Large), Vehicle Type, Propulsion (BEV, PHEV, HEV & FCEV) – Global Forecast to 2033
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Report Overview
The automotive e-compressor market is projected to reach USD 18.9 billion by 2033, from an estimated USD 6.6 billion in 2024, at a CAGR of 12.5% during the forecast period.
자동차용 전동 컴프레서 시장은 예측 기간 중 CAGR 12.5%로 2024년 추정 66억 달러에서 2033년까지 189억 달러에 이를 것으로 예측되고 있습니다.
Stringent emission regulation and rapid infrastructure development is poised to significantly boost the sales of electric compressors during the forecast period. Regulatory agencies around the world are imposing increasingly stringent standards on vehicle emissions and fuel efficiency to address environmental concerns and combat climate change. These regulations compel automakers to explore innovative solutions to reduce greenhouse gas emissions and improve the overall efficiency of their vehicles. Electric compressors offer a compelling solution to meet these regulatory requirements by eliminating the requirement for engine-driven compressors, which can contribute to emissions and reduce fuel efficiency.
“The Large Capacity segment is the fastest-growing segment in the e-compressor market.”
Vehicles such as trucks, buses, and commercial vans are increasingly being electrified to reduce emissions and operating costs while meeting stringent regulatory requirements. Large e-compressors, with power outputs above 15 kW, play a pivotal role in these electrified vehicles, particularly in ensuring robust climate control systems that cater to the needs of passengers and cargo.
Commercial vehicles operate in diverse environments and face unique challenges, making reliable climate control systems crucial. Large e-compressors are engineered to deliver high cooling capacity, which is essential for maintaining comfortable temperatures within the expansive cabins of buses, trucks, and vans.
The demand for large e-compressors is fueled by the need to enhance energy efficiency and reduce environmental impact in commercial operations. By electrifying HVAC systems in commercial vehicles, fleet operators can minimize reliance on fossil fuels, lower operating costs, and comply with stringent emissions regulations.
“Scroll Compressor is dominating the market by technology type.”
Scroll compressors are primarily known for their compact size, quiet operation, and high efficiency. SANDEN CORPORATION, MAHALE GmbH among other companies are offering scroll compressors. These compressors are used in both electric and hybrid vehicles, providing reliable air conditioning and climate control systems while maximizing interior space and passenger comfort. They operate with minimal energy loss due to their continuous compression process and reduced internal leakage, resulting in higher performance and lower power consumption than traditional compressor designs.
The quiet and vibration-free operation of scroll compressors enhances the driving experience in electric vehicles, contributing to a more comfortable and improved cabin environment. The absence of noise and vibration associated with traditional compressor types reduces driver fatigue, aligning with the premium expectations of modern consumers. As automakers strive to differentiate their electric vehicle offerings in the competitive market, these factors will drive the scroll compressors in the forecast period.
“China is the largest for Asia Pacific e-compressor market.”
Affordability, government support, rapid growth in charging infra and huge domestic sector for EVs have led to a surge in demand for automobiles, particularly electric vehicles (EVs). As the world’s largest automotive market, China boasts a vast consumer base and a thriving automotive manufacturing sector, driving substantial demand for electric compressors to meet the needs of both domestic and international automakers operating in the country.
Government policies and incentives aimed at promoting electric vehicle adoption have played a crucial role in fueling the demand for electric compressors in China. The China government has implemented a various measures to support the growth of the electric vehicle industry, including tax incentives, subsidies, and regulatory mandates for automakers to manufacture and sell of electric vehicles. These policies will have created a favorable environment for e-compressor manufacturers and encourage investment in the development of electric vehicle components. Furthermore, China’s position as a global manufacturing hub for automotive components further strengthens its status as the largest market for electric compressors in the Asia-Pacific region.
The break-up of the profile of primary participants in the automotive e-compressor market:
- By Companies: OEMs – 57% Tier 1 – 29%, Tier 2 – 14%,
- By Designation: Directors- 24%, CXOs – 12%, Manager level – 64%
- By Region: North America – 10%, Europe -10%, APAC – 68%, and MEA – 12%
Global players dominate the automotive e-compressor market and comprise several regional players. The key players in the automotive e-compressor market are DENSO CORPORATION (Japan), Hanon Systems (South Korea), MAHLE GmbH (Germany), VALEO (France), and Sanden Corporation (Japan).
Research Coverage:
This Research Report Categorizes e-compressor by compressor type (Scroll Compressors, Rotary Screw Compressors, Centrifugal Compressors, Reciprocating Compressors, And Axial Compressors), by Capacity (Small, Medium and Large), by vehicle type (Passenger Cars, Light Commercial Vehicle and Heavy Commercial Vehicle), by technology (VFD, Fixed Speed), by vehicle type (BEV, HEV, PHEV, and FCEV), and by Region (Asia Pacific, Europe, North America, and Rest of the World).
The report’s scope covers detailed information regarding the major factors, such as influencing factors for the growth of the automotive e-compressor market. A detailed analysis of the key industry players has been done to provide insights into their business overview, products, key strategies; contracts, agreements, new product launches, and recent developments associated with the market.
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall automotive e-compressor market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Rising global demand for electric vehicle, Stringent emission regulations and heightened environmental concerns, Increased awareness about the climate control & comfort features in vehicle), restraints (Lack of sufficient EV charging infrastructure in developing economies), opportunities (Advancement in e-compressor technology), and challenges (High initial cost of e-compressor compared to conventional belt compressors and Technological complexities & integration challneges) influencing the growth of the automotive e-compressor market.
• Product Development/Innovation: Detailed insights on technologies, and new product launches in the automotive e-compressor market.
• Market Development: Comprehensive information about the markets – the report analyses the authentication and brand protection market across varied regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, and recent developments in automotive e-compressor market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies offerings of leading players like DENSO CORPORATION (Japan), Hanon Systems (South Korea), MAHLE GmbH (Germany), VALEO (France), and Sanden Corporation (Japan) among others in automotive e-compressor market.
Table of Contents
1 INTRODUCTION 22
1.1 STUDY OBJECTIVES 22
1.2 MARKET DEFINITION 23
FIGURE 1 AUTOMOTIVE E-COMPRESSOR 23
FIGURE 2 WORKING OF AUTOMOTIVE E-COMPRESSOR IN COOLING AND HEATING CYCLE 24
1.2.1 MARKET DEFINITION, BY COMPRESSOR TYPE 25
1.2.2 MARKET DEFINITION, BY TECHNOLOGY 25
1.2.3 MARKET DEFINITION, BY CAPACITY 26
1.2.4 MARKET DEFINITION, BY PROPULSION 26
1.2.5 MARKET DEFINITION, BY VEHICLE TYPE 27
1.3 INCLUSIONS AND EXCLUSIONS 27
TABLE 1 INCLUSIONS AND EXCLUSIONS 27
1.4 STUDY SCOPE 28
FIGURE 3 AUTOMOTIVE E-COMPRESSOR MARKET SEGMENTATION 28
1.4.1 REGIONS COVERED 28
1.4.2 YEARS CONSIDERED 29
1.5 CURRENCY CONSIDERED 29
TABLE 2 CURRENCY EXCHANGE RATES 29
1.6 UNIT CONSIDERED 30
1.7 STAKEHOLDERS 30
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 4 RESEARCH DESIGN 31
FIGURE 5 RESEARCH DESIGN MODEL 32
2.1.1 SECONDARY DATA 32
2.1.1.1 Secondary sources 33
2.1.1.2 Key data from secondary sources 34
2.1.2 PRIMARY DATA 34
2.1.2.1 Primary participants 35
2.1.2.2 Breakdown of primary interviews 35
2.1.2.3 Sampling techniques and data collection methods 36
2.1.2.4 Major objectives of primary research 36
2.2 MARKET SIZE ESTIMATION 36
2.2.1 BOTTOM-UP APPROACH 37
FIGURE 6 BOTTOM-UP APPROACH 37
2.2.2 TOP-DOWN APPROACH 38
FIGURE 7 TOP-DOWN APPROACH 38
FIGURE 8 DEMAND-SIDE APPROACH 38
2.3 DATA TRIANGULATION 39
FIGURE 9 DATA TRIANGULATION 39
2.4 FACTOR ANALYSIS 40
2.5 RESEARCH ASSUMPTIONS 40
2.6 RESEARCH LIMITATIONS 41
2.7 RECESSION IMPACT ANALYSIS 42
3 EXECUTIVE SUMMARY 43
FIGURE 10 AUTOMOTIVE E-COMPRESSOR MARKET OVERVIEW 43
FIGURE 11 AUTOMOTIVE E-COMPRESSOR MARKET, BY PROPULSION TYPE, 2024–2033 44
FIGURE 12 AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 44
FIGURE 13 AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 45
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE E-COMPRESSOR MARKET 46
FIGURE 14 ADVANCED TECHNOLOGIES AND GOVERNMENT INVESTMENTS TO DRIVE GROWTH 46
4.2 AUTOMOTIVE E-COMPRESSOR MARKET, BY COMPRESSOR TYPE 46
FIGURE 15 SCROLL COMPRESSORS TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD 46
4.3 AUTOMOTIVE E-COMPRESSOR MARKET, BY CAPACITY 47
FIGURE 16 SMALL TO BE LARGEST SEGMENT IN 2033 47
4.4 AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE 47
FIGURE 17 PASSENGER CARS TO SECURE LEADING MARKET POSITION DURING FORECAST PERIOD 47
4.5 AUTOMOTIVE E-COMPRESSOR MARKET, BY PROPULSION 48
FIGURE 18 FCEV TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 48
4.6 AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION 48
FIGURE 19 ASIA PACIFIC TO BE LARGEST MARKET FOR AUTOMOTIVE E-COMPRESSORS DURING FORECAST PERIOD 48
5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
FIGURE 20 AUTOMOTIVE E-COMPRESSOR MARKET DYNAMICS 49
5.2.1 DRIVERS 50
5.2.1.1 Rising global demand for electric vehicles 50
TABLE 3 OEM TARGETS AND INVESTMENTS FOR ELECTRIC VEHICLES 50
FIGURE 21 CURRENT STATE OF TARGET COMPLETION FOR ELECTRIC VEHICLES 51
5.2.1.2 Stringent emission regulations and heightened environmental concerns 52
FIGURE 22 COMPARISON BETWEEN EMISSIONS FROM ELECTRIC AND ICE VEHICLES 52
5.2.1.3 Increased awareness about climate control and comfort features in vehicles 53
FIGURE 23 EV AIR CONDITIONING SYSTEMS 53
5.2.2 RESTRAINTS 54
5.2.2.1 Lack of sufficient EV charging infrastructure in developing economies 54
FIGURE 24 EV CHARGER DENSITY, BY COUNTRY 54
5.2.3 OPPORTUNITIES 55
5.2.3.1 Advancements in e-compressor technology 55
5.2.4 CHALLENGES 55
5.2.4.1 High initial cost of e-compressors compared to conventional belt-driven compressors 55
FIGURE 25 BELT-DRIVEN COMPRESSORS VS. E-COMPRESSORS 55
5.2.4.2 Potential supply chain disruptions for critical components 56
FIGURE 26 GLOBAL SALES AND PRODUCTION OF SEMICONDUCTORS 56
5.2.4.3 Technological complexities and integration challenges 57
5.2.5 IMPACT OF MARKET DYNAMICS 57
TABLE 4 IMPACT OF MARKET DYNAMICS 57
5.3 PRICING ANALYSIS 58
TABLE 5 AVERAGE SELLING PRICE TREND OF AUTOMOTIVE E-COMPRESSORS, BY VEHICLE TYPE, 2022–2024 (USD) 58
TABLE 6 AVERAGE SELLING PRICE TREND OF AUTOMOTIVE E-COMPRESSORS, BY REGION, 2022–2024 (USD) 58
5.4 ECOSYSTEM ANALYSIS 59
FIGURE 27 ECOSYSTEM ANALYSIS 59
TABLE 7 ROLE OF COMPANIES IN ECOSYSTEM 60
5.5 VALUE CHAIN ANALYSIS 61
FIGURE 28 VALUE CHAIN ANALYSIS 61
5.6 CASE STUDIES 62
5.6.1 CHARACTERIZATION OF ELECTRIC AIR COOLING COMPRESSORS BY BLOCKED FORCES 62
5.6.2 EVALUATION OF ELECTRICAL ENERGY CONSUMPTION BY AIR CONDITIONING SYSTEMS IN ELECTRIC VEHICLES 63
5.6.3 ANALYSIS OF NVH PERFORMANCE OF E-COMPRESSORS 63
5.7 PATENT ANALYSIS 64
FIGURE 29 PATENT ANALYSIS 64
TABLE 8 PATENT ANALYSIS 65
5.8 TRADE ANALYSIS 68
5.8.1 IMPORT DATA 68
TABLE 9 US: IMPORT, BY COUNTRY (%) 68
TABLE 10 GERMANY: IMPORT, BY COUNTRY (%) 68
TABLE 11 CHINA: IMPORT, BY COUNTRY (%) 68
TABLE 12 UK: IMPORT, BY COUNTRY (%) 69
TABLE 13 MEXICO: IMPORT, BY COUNTRY (%) 69
5.8.2 EXPORT DATA 69
TABLE 14 CHINA: EXPORT, BY COUNTRY (%) 69
TABLE 15 US: EXPORT, BY COUNTRY (%) 70
TABLE 16 GERMANY: EXPORT, BY COUNTRY (%) 70
TABLE 17 MEXICO: EXPORT, BY COUNTRY (%) 70
TABLE 18 BELGIUM: EXPORT, BY COUNTRY (%) 71
5.9 TECHNOLOGY ANALYSIS 71
5.9.1 KEY TECHNOLOGY 71
5.9.1.1 Advanced materials and designs 71
5.9.2 COMPLIMENTARY TECHNOLOGY 72
5.9.2.1 Gas injection features in e-compressors 72
5.9.2.2 Encapsulation solutions for refrigerant e-compressors 72
5.9.3 ADJACENT TECHNOLOGY 72
5.9.3.1 Smart HVAC systems 72
5.10 PORTER’S FIVE FORCES ANALYSIS 72
FIGURE 30 PORTER’S FIVE FORCES ANALYSIS 73
TABLE 19 IMPACT OF PORTER’S FIVE FORCES 73
5.10.1 THREAT OF NEW ENTRANTS 74
5.10.2 THREAT OF SUBSTITUTES 74
5.10.3 BARGAINING POWER OF BUYERS 74
5.10.4 BARGAINING POWER OF SUPPLIERS 74
5.10.5 INTENSITY OF COMPETITIVE RIVALRY 74
5.11 PESTLE ANALYSIS 75
5.12 BILL OF MATERIALS (BOM) FOR E-COMPRESSORS 76
5.13 REGULATORY LANDSCAPE 77
TABLE 20 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 21 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 22 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
5.14 CONFERENCES AND EVENTS, 2024 80
TABLE 23 CONFERENCES AND EVENTS, 2024 80
5.15 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 80
FIGURE 31 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 80
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA 81
5.16.1 STAKEHOLDERS IN BUYING PROCESS 81
FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VEHICLE TYPE 81
TABLE 24 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY VEHICLE TYPE (%) 81
5.16.2 KEY BUYING CRITERIA 82
FIGURE 33 KEY BUYING CRITERIA, BY VEHICLE TYPE 82
TABLE 25 KEY BUYING CRITERIA, BY VEHICLE TYPE 83
5.17 WHO SUPPLIES WHOM 83
TABLE 26 WHO SUPPLIES WHOM 83
6 AUTOMOTIVE E-COMPRESSOR MARKET, BY COMPRESSOR TYPE 87
6.1 INTRODUCTION 88
FIGURE 34 AUTOMOTIVE E-COMPRESSOR MARKET, BY COMPRESSOR TYPE, 2024–2033 (USD MILLION) 88
TABLE 27 AUTOMOTIVE E-COMPRESSOR MARKET, BY COMPRESSOR TYPE, 2019–2023 (THOUSAND UNITS) 88
TABLE 28 AUTOMOTIVE E-COMPRESSOR MARKET, BY COMPRESSOR TYPE, 2024–2033 (THOUSAND UNITS) 89
TABLE 29 AUTOMOTIVE E-COMPRESSOR MARKET, BY COMPRESSOR TYPE, 2019–2023 (USD MILLION) 89
TABLE 30 AUTOMOTIVE E-COMPRESSOR MARKET, BY COMPRESSOR TYPE, 2024–2033 (USD MILLION) 89
6.2 SCROLL COMPRESSORS 90
6.2.1 LOWER POWER CONSUMPTION THAN TRADITIONAL COMPRESSOR DESIGNS TO DRIVE GROWTH 90
TABLE 31 SCROLL COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 90
TABLE 32 SCROLL COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 91
TABLE 33 SCROLL COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 91
TABLE 34 SCROLL COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 91
6.3 ROTARY SCREW COMPRESSORS 93
6.3.1 NEED FOR CONSISTENT AIRFLOW AND TEMPERATURE CONTROL IN COMMERCIAL APPLICATIONS TO DRIVE GROWTH 93
TABLE 35 ROTARY SCREW COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 93
TABLE 36 ROTARY SCREW COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 93
TABLE 37 ROTARY SCREW COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 94
TABLE 38 ROTARY SCREW COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 94
6.4 CENTRIFUGAL COMPRESSORS 94
6.4.1 FOCUS ON ELECTRIFICATION OF PREMIUM VEHICLES TO DRIVE GROWTH 94
TABLE 39 CENTRIFUGAL COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 95
TABLE 40 CENTRIFUGAL COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 95
TABLE 41 CENTRIFUGAL COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 95
TABLE 42 CENTRIFUGAL COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 96
6.5 RECIPROCATING COMPRESSORS 96
6.5.1 OPTIMIZED PERFORMANCE AND LOW OPERATING COSTS TO DRIVE GROWTH 96
TABLE 43 RECIPROCATING COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 96
TABLE 44 RECIPROCATING COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 98
TABLE 45 RECIPROCATING COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 98
TABLE 46 RECIPROCATING COMPRESSORS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 98
6.6 AXIAL COMPRESSORS 100
6.7 PRIMARY INSIGHTS 100
7 AUTOMOTIVE E-COMPRESSOR MARKET, BY CAPACITY 101
7.1 INTRODUCTION 102
FIGURE 35 AUTOMOTIVE E-COMPRESSOR MARKET, BY CAPACITY, 2024–2033 (USD MILLION) 102
TABLE 47 AUTOMOTIVE E-COMPRESSOR MARKET, BY CAPACITY, 2019–2023 (THOUSAND UNITS) 102
TABLE 48 AUTOMOTIVE E-COMPRESSOR MARKET, BY CAPACITY, 2024–2033 (THOUSAND UNITS) 103
TABLE 49 AUTOMOTIVE E-COMPRESSOR MARKET, BY CAPACITY, 2019–2023 (USD MILLION) 103
TABLE 50 AUTOMOTIVE E-COMPRESSOR MARKET, BY CAPACITY, 2024–2033 (USD MILLION) 103
7.2 SMALL 104
7.2.1 RISING POPULARITY OF ELECTRIC AND HYBRID ELECTRIC VEHICLES IN URBAN AREAS TO DRIVE GROWTH 104
TABLE 51 SMALL: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 104
TABLE 52 SMALL: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 105
TABLE 53 SMALL: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 105
TABLE 54 SMALL: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 105
7.3 MEDIUM 106
7.3.1 RAPID ADOPTION OF ELECTRIFIED POWERTRAINS IN MID-SIZED VEHICLES TO DRIVE GROWTH 106
TABLE 55 MEDIUM: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 106
TABLE 56 MEDIUM: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 106
TABLE 57 MEDIUM: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 107
TABLE 58 MEDIUM: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 107
7.4 LARGE 107
7.4.1 EXPANSION OF ELECTRIC TECHNOLOGY INTO COMMERCIAL VEHICLES TO DRIVE GROWTH 107
TABLE 59 LARGE: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 109
TABLE 60 LARGE: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 109
TABLE 61 LARGE: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 109
TABLE 62 LARGE: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 110
7.5 PRIMARY INSIGHTS 110
8 AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE 111
8.1 INTRODUCTION 112
FIGURE 36 AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 112
TABLE 63 AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 112
TABLE 64 AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 113
TABLE 65 AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 113
TABLE 66 AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 113
8.2 OPERATIONAL DATA 114
TABLE 67 POPULAR ELECTRIC VEHICLES WORLDWIDE 114
TABLE 68 UPCOMING ELECTRIC CARS 114
TABLE 69 UPCOMING ELECTRIC COMMERCIAL VEHICLES 115
8.3 PASSENGER CARS 115
8.3.1 FAVORABLE REGULATIONS AND SUBSIDIES FOR ELECTRIFICATION TO DRIVE GROWTH 115
TABLE 70 PASSENGER CARS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 116
TABLE 71 PASSENGER CARS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 116
TABLE 72 PASSENGER CARS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 116
TABLE 73 PASSENGER CARS: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 117
8.3.2 MID-SIZE 117
8.3.3 COMPACT 117
8.3.4 SUV 118
8.4 LIGHT COMMERCIAL VEHICLES 118
8.4.1 TREND TOWARD ELECTRIFICATION IN COMMERCIAL TRANSPORTATION TO DRIVE GROWTH 118
TABLE 74 LIGHT COMMERCIAL VEHICLES: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 118
TABLE 75 LIGHT COMMERCIAL VEHICLES: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 119
TABLE 76 LIGHT COMMERCIAL VEHICLES: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 119
TABLE 77 LIGHT COMMERCIAL VEHICLES: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 119
8.5 HEAVY COMMERCIAL VEHICLES 120
8.5.1 NEED FOR EFFICIENT CLIMATE CONTROL SYSTEMS TO DRIVE GROWTH 120
TABLE 78 HEAVY COMMERCIAL VEHICLES: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 120
TABLE 79 HEAVY COMMERCIAL VEHICLES: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 120
TABLE 80 HEAVY COMMERCIAL VEHICLES: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 121
TABLE 81 HEAVY COMMERCIAL VEHICLES: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 121
8.6 PRIMARY INSIGHTS 121
9 AUTOMOTIVE E-COMPRESSOR MARKET, BY PROPULSION 122
9.1 INTRODUCTION 123
FIGURE 37 BEV VS. PHEV VS. FCEV VS. HEV 123
FIGURE 38 AUTOMOTIVE E-COMPRESSOR MARKET, BY PROPULSION, 2024–2033 (USD MILLION) 124
TABLE 82 AUTOMOTIVE E-COMPRESSOR MARKET, BY PROPULSION, 2019–2023 (THOUSAND UNITS) 124
TABLE 83 AUTOMOTIVE E-COMPRESSOR MARKET, BY PROPULSION, 2024–2033 (THOUSAND UNITS) 124
TABLE 84 AUTOMOTIVE E-COMPRESSOR MARKET, BY PROPULSION, 2019–2023 (USD MILLION) 125
TABLE 85 AUTOMOTIVE E-COMPRESSOR MARKET, BY PROPULSION, 2024–2033 (USD MILLION) 125
9.2 BEV 125
9.2.1 INFLATION IN PETROLEUM PRICES TO DRIVE GROWTH 125
TABLE 86 BEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 126
TABLE 87 BEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 126
TABLE 88 BEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 126
TABLE 89 BEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 127
9.3 PHEV 127
9.3.1 RISE IN PRODUCTION OF ELECTRIC VEHICLES TO DRIVE GROWTH 127
TABLE 90 PHEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 128
TABLE 91 PHEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 128
TABLE 92 PHEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 128
TABLE 93 PHEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 129
9.4 FCEV 129
9.4.1 EXPANSION OF HYDROGEN FUELING INFRASTRUCTURE TO DRIVE GROWTH 129
TABLE 94 FCEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 129
TABLE 95 FCEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 130
TABLE 96 FCEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 130
TABLE 97 FCEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 130
9.5 HEV 131
9.5.1 EMPHASIS ON ECO-FRIENDLY TRANSPORTATION SOLUTIONS TO DRIVE GROWTH 131
TABLE 98 HEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 131
TABLE 99 HEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 131
TABLE 100 HEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 132
TABLE 101 HEV: AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 132
9.6 PRIMARY INSIGHTS 132
10 AUTOMOTIVE E-COMPRESSOR MARKET, BY TECHNOLOGY 133
10.1 INTRODUCTION 133
10.2 VARIABLE FREQUENCY DRIVE 133
10.3 FIXED-SPEED 134
10.4 PRIMARY INSIGHTS 134
11 AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION 135
11.1 INTRODUCTION 136
FIGURE 39 AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 136
TABLE 102 AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 137
TABLE 103 AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (THOUSAND UNITS) 137
TABLE 104 AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2019–2023 (USD MILLION) 137
TABLE 105 AUTOMOTIVE E-COMPRESSOR MARKET, BY REGION, 2024–2033 (USD MILLION) 138
11.2 ASIA PACIFIC 138
FIGURE 40 ASIA PACIFIC: AUTOMOTIVE E-COMPRESSOR MARKET SNAPSHOT 139
TABLE 106 ASIA PACIFIC: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 139
TABLE 107 ASIA PACIFIC: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 140
TABLE 108 ASIA PACIFIC: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 140
TABLE 109 ASIA PACIFIC: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 140
11.2.1 CHINA 141
11.2.1.1 Push toward electric vehicles by domestic automakers to drive growth 141
TABLE 110 CHINA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 141
TABLE 111 CHINA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 141
TABLE 112 CHINA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 142
TABLE 113 CHINA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 142
11.2.2 INDIA 142
11.2.2.1 Government initiatives to promote electric mobility to drive growth 142
TABLE 114 INDIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 143
TABLE 115 INDIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 143
TABLE 116 INDIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 143
TABLE 117 INDIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 143
11.2.3 JAPAN 144
11.2.3.1 Stringent emission regulations and ambitious targets for carbon reduction to drive growth 144
TABLE 118 JAPAN: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 144
TABLE 119 JAPAN: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 144
TABLE 120 JAPAN: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 146
TABLE 121 JAPAN: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 146
11.2.4 SOUTH KOREA 146
11.2.4.1 Increasing investments in electric vehicle technology to drive growth 146
TABLE 122 SOUTH KOREA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 146
TABLE 123 SOUTH KOREA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 148
TABLE 124 SOUTH KOREA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 148
TABLE 125 SOUTH KOREA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 148
11.2.5 INDONESIA 149
11.2.5.1 Significant production of EV batteries and components to drive growth 149
TABLE 126 INDONESIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 149
TABLE 127 INDONESIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 149
TABLE 128 INDONESIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 150
TABLE 129 INDONESIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 150
11.2.6 MALAYSIA 150
11.2.6.1 Transition toward cleaner transportation alternatives to drive growth 150
TABLE 130 MALAYSIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 151
TABLE 131 MALAYSIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 151
TABLE 132 MALAYSIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 151
TABLE 133 MALAYSIA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 151
11.3 EUROPE 152
FIGURE 41 EUROPE: AUTOMOTIVE E-COMPRESSOR MARKET SNAPSHOT 152
TABLE 134 EUROPE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 153
TABLE 135 EUROPE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 153
TABLE 136 EUROPE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 153
TABLE 137 EUROPE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 153
11.3.1 UK 154
11.3.1.1 Significant developments in electric vehicle market to drive growth 154
TABLE 138 UK: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 154
TABLE 139 UK: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 154
TABLE 140 UK: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 156
TABLE 141 UK: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 156
11.3.2 GERMANY 156
11.3.2.1 Emphasis on promoting clean transportation to drive growth 156
TABLE 142 GERMANY: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 157
TABLE 143 GERMANY: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 157
TABLE 144 GERMANY: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 157
TABLE 145 GERMANY: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 158
11.3.3 FRANCE 158
11.3.3.1 Financial incentives, tax breaks, and subsidies for electric vehicle purchases to drive growth 158
TABLE 146 FRANCE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 158
TABLE 147 FRANCE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 159
TABLE 148 FRANCE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 159
TABLE 149 FRANCE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 159
11.3.4 ITALY 160
11.3.4.1 Favorable regulatory environment to drive growth 160
TABLE 150 ITALY: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 160
TABLE 151 ITALY: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 160
TABLE 152 ITALY: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 161
TABLE 153 ITALY: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 161
11.3.5 SPAIN 161
11.3.5.1 Rise in consumer demand for sustainable transportation solutions to drive growth 161
TABLE 154 SPAIN: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 162
TABLE 155 SPAIN: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 162
TABLE 156 SPAIN: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 162
TABLE 157 SPAIN: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 162
11.4 NORTH AMERICA 164
FIGURE 42 NORTH AMERICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE (USD MILLION) 164
TABLE 158 NORTH AMERICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 164
TABLE 159 NORTH AMERICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 165
TABLE 160 NORTH AMERICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 165
TABLE 161 NORTH AMERICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 165
11.4.1 US 166
11.4.1.1 Improved consumer awareness toward electric vehicles to drive growth 166
TABLE 162 US: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 166
TABLE 163 US: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 166
TABLE 164 US: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 167
TABLE 165 US: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 167
11.4.2 CANADA 167
11.4.2.1 Commitment to stringent emission regulations to drive growth 167
TABLE 166 CANADA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 167
TABLE 167 CANADA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 168
TABLE 168 CANADA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 168
TABLE 169 CANADA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 168
11.5 MIDDLE EAST & AFRICA 169
TABLE 170 MIDDLE EAST & AFRICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 169
TABLE 171 MIDDLE EAST & AFRICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 169
TABLE 172 MIDDLE EAST & AFRICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 169
TABLE 173 MIDDLE EAST & AFRICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 170
11.5.1 UAE 170
11.5.1.1 Innovations in electric vehicle components to drive growth 170
TABLE 174 UAE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 170
TABLE 175 UAE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 170
TABLE 176 UAE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 172
TABLE 177 UAE: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 172
11.5.2 EGYPT 172
11.5.2.1 Government efforts toward clean energy and sustainable transportation solutions to drive growth 172
TABLE 178 EGYPT: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 172
TABLE 179 EGYPT: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 174
TABLE 180 EGYPT: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 174
TABLE 181 EGYPT: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 174
11.5.3 SOUTH AFRICA 174
11.5.3.1 Increasing investments from major automotive manufacturers and suppliers to drive growth 174
TABLE 182 SOUTH AFRICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 175
TABLE 183 SOUTH AFRICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (THOUSAND UNITS) 175
TABLE 184 SOUTH AFRICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 175
TABLE 185 SOUTH AFRICA: AUTOMOTIVE E-COMPRESSOR MARKET, BY VEHICLE TYPE, 2024–2033 (USD MILLION) 175
12 COMPETITIVE LANDSCAPE 176
12.1 INTRODUCTION 176
12.2 REVENUE ANALYSIS, 2021–2023 176
FIGURE 43 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2021–2023 176
12.3 MARKET SHARE ANALYSIS, 2023 177
FIGURE 44 MARKET SHARE OF KEY PLAYERS, 2023 177
12.3.1 DENSO CORPORATION 177
12.3.2 HANON SYSTEMS 178
12.3.3 MAHLE GMBH 178
12.4 COMPANY VALUATION AND FINANCIAL METRICS 178
FIGURE 45 COMPANY VALUATION, 2023 (USD BILLION) 178
FIGURE 46 FINANCIAL METRICS, 2023 179
12.5 COMPANY EVALUATION MATRIX: KEY PLAYERS 179
12.5.1 STARS 179
12.5.2 EMERGING LEADERS 179
12.5.3 PERVASIVE PLAYERS 179
12.5.4 PARTICIPANTS 180
FIGURE 47 COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 180
12.5.5 COMPANY FOOTPRINT 181
FIGURE 48 COMPANY FOOTPRINT, 2023 181
TABLE 186 VEHICLE TYPE FOOTPRINT, 2023 181
TABLE 187 REGION FOOTPRINT, 2023 182
12.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023 182
12.6.1 PROGRESSIVE COMPANIES 182
12.6.2 RESPONSIVE COMPANIES 182
12.6.3 DYNAMIC COMPANIES 182
12.6.4 STARTING BLOCKS 183
FIGURE 49 COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023 183
12.6.5 COMPETITIVE BENCHMARKING 184
TABLE 188 KEY START-UPS/SMES 184
TABLE 189 COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 184
12.7 KEY PLAYER STRATEGIES/RIGHT TO WIN 185
TABLE 190 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2024 185
12.8 BRAND/PRODUCT COMPARISON 187
FIGURE 50 BRAND/PRODUCT COMPARISON 187
12.9 COMPETITIVE SCENARIO 188
12.9.1 PRODUCT LAUNCHES/DEVELOPMENTS 188
TABLE 191 AUTOMOTIVE E-COMPRESSOR MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, 2019–2024 188
12.9.2 DEALS 189
TABLE 192 AUTOMOTIVE E-COMPRESSOR MARKET: DEALS, 2019–2024 189
12.9.3 EXPANSIONS 190
TABLE 193 AUTOMOTIVE E-COMPRESSOR MARKET: EXPANSIONS, 2019–2024 190
12.9.4 OTHERS 192
TABLE 194 AUTOMOTIVE E-COMPRESSOR MARKET: OTHERS, 2019–2024 192
13 COMPANY PROFILES 193
(Business overview, Products offered, Recent developments & MnM View)*
13.1 KEY PLAYERS 193
13.1.1 DENSO CORPORATION 193
TABLE 195 DENSO CORPORATION: COMPANY OVERVIEW 193
FIGURE 51 DENSO CORPORATION: COMPANY SNAPSHOT 194
TABLE 196 DENSO CORPORATION: PRODUCTS OFFERED 194
TABLE 197 DENSO CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 195
TABLE 198 DENSO CORPORATION: EXPANSIONS 195
13.1.2 HANON SYSTEMS 197
TABLE 199 HANON SYSTEMS: COMPANY OVERVIEW 197
FIGURE 52 HANON SYSTEMS: COMPANY SNAPSHOT 197
TABLE 200 HANON SYSTEMS: PRODUCTS OFFERED 198
TABLE 201 HANON SYSTEMS: EXPANSIONS 198
TABLE 202 HANON SYSTEMS: OTHERS 199
13.1.3 MAHLE GMBH 200
TABLE 203 MAHLE GMBH: COMPANY OVERVIEW 200
FIGURE 53 MAHLE GMBH: COMPANY SNAPSHOT 201
TABLE 204 MAHLE GMBH: PRODUCTS OFFERED 201
TABLE 205 MAHLE GMBH: PRODUCT LAUNCHES/DEVELOPMENTS 202
TABLE 206 MAHLE GMBH: OTHERS 202
13.1.4 MITSUBISHI HEAVY INDUSTRIES, LTD. 203
TABLE 207 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY OVERVIEW 203
FIGURE 54 MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT 204
TABLE 208 MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCTS OFFERED 204
13.1.5 ROBERT BOSCH GMBH 206
TABLE 209 ROBERT BOSCH GMBH: COMPANY OVERVIEW 206
FIGURE 55 ROBERT BOSCH GMBH: COMPANY SNAPSHOT 207
TABLE 210 ROBERT BOSCH GMBH: PRODUCTS OFFERED 207
TABLE 211 ROBERT BOSCH GMBH: PRODUCT LAUNCHES/DEVELOPMENTS 208
13.1.6 SANDEN CORPORATION 209
TABLE 212 SANDEN CORPORATION: COMPANY OVERVIEW 209
FIGURE 56 SANDEN CORPORATION: COMPANY SNAPSHOT 209
TABLE 213 SANDEN CORPORATION: PRODUCTS OFFERED 210
TABLE 214 SANDEN CORPORATION: DEALS 210
TABLE 215 SANDEN CORPORATION: EXPANSIONS 210
13.1.7 BROSE FAHRZEUGTEILE SE & CO. KG, COBURG 211
TABLE 216 BROSE FAHRZEUGTEILE SE & CO. KG, COBURG: COMPANY OVERVIEW 211
FIGURE 57 BROSE FAHRZEUGTEILE SE & CO. KG, COBURG: COMPANY SNAPSHOT 211
TABLE 217 BROSE FAHRZEUGTEILE SE & CO. KG, COBURG: PRODUCTS OFFERED 212
TABLE 218 BROSE FAHRZEUGTEILE SE & CO. KG, COBURG: PRODUCT LAUNCHES/DEVELOPMENTS 212
TABLE 219 BROSE FAHRZEUGTEILE SE & CO. KG, COBURG: EXPANSIONS 212
13.1.8 TOYOTA INDUSTRIES CORPORATION 213
TABLE 220 TOYOTA INDUSTRIES CORPORATION: COMPANY OVERVIEW 213
FIGURE 58 TOYOTA INDUSTRIES CORPORATION: COMPANY SNAPSHOT 213
TABLE 221 TOYOTA INDUSTRIES CORPORATION: PRODUCTS OFFERED 214
TABLE 222 TOYOTA INDUSTRIES CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS, 2019–2024 214
TABLE 223 TOYOTA INDUSTRIES CORPORATION: DEALS 214
TABLE 224 TOYOTA INDUSTRIES CORPORATION: EXPANSIONS, 2019–2024 215
13.1.9 VALEO 216
TABLE 225 VALEO: COMPANY OVERVIEW 216
FIGURE 59 VALEO: COMPANY SNAPSHOT 216
TABLE 226 VALEO: PRODUCTS OFFERED 217
TABLE 227 VALEO: PRODUCT LAUNCHES/DEVELOPMENTS 217
TABLE 228 VALEO: OTHERS 217
13.1.10 AOTEJIA NEW ENERGY TECHNOLOGY CO., LTD. 218
TABLE 229 NANJING AOTEJIA NEW ENERGY TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 218
FIGURE 60 NANJING AOTEJIA NEW ENERGY TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT 218
TABLE 230 NANJING AOTEJIA NEW ENERGY TECHNOLOGY CO., LTD.: PRODUCTS OFFERED 219
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
13.2 OTHER PLAYERS 220
13.2.1 HIGHLY MARELLI HOLDINGS CO., LTD. 220
TABLE 231 HIGHLY MARELLI HOLDINGS CO., LTD.: COMPANY OVERVIEW 220
13.2.2 TCCI MANUFACTURING 220
TABLE 232 TCCI MANUFACTURING: COMPANY OVERVIEW 220
13.2.3 GUCHEN INDUSTRY 221
TABLE 233 GUCHEN INDUSTRY: COMPANY OVERVIEW 221
13.2.4 ZHEJIANG BOYANG COMPRESSOR CO., LTD. 221
TABLE 234 ZHEJIANG BOYANG COMPRESSOR CO., LTD.: COMPANY OVERVIEW 221
13.2.5 SUZHOU ZHONGCHENG NEW ENERGY TECHNOLOGY CO., LTD. 222
TABLE 235 SUZHOU ZHONGCHENG NEW ENERGY TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 222
13.2.6 SIROCO HVAC INDIA PVT. LTD. 222
TABLE 236 SIROCO HVAC INDIA PVT. LTD.: COMPANY OVERVIEW 222
13.2.7 YUTE MOTOR MECHANICAL PARTS CO., LTD. 223
TABLE 237 YUTE MOTOR MECHANICAL PARTS CO., LTD.: COMPANY OVERVIEW 223
13.2.8 HENAN KINGCLIMA INDUSTRY CO., LTD. 223
TABLE 238 HENAN KINGCLIMA INDUSTRY CO., LTD.: COMPANY OVERVIEW 223
13.2.9 BOWENTE AUTO PARTS CO., LTD. 224
TABLE 239 BOWENTE AUTO PARTS CO., LTD.: COMPANY OVERVIEW 224
13.2.10 STEALTH EV 224
TABLE 240 STEALTH EV: COMPANY OVERVIEW 224
14 RECOMMENDATIONS BY MARKETSANDMARKETS 225
14.1 ASIA PACIFIC TO BE LUCRATIVE MARKET FOR AUTOMOTIVE E-COMPRESSORS 225
14.2 DEVELOPMENT OF LIGHTWEIGHT AND COMPACT E-COMPRESSORS 225
14.3 CONCLUSION 225
15 APPENDIX 226
15.1 INSIGHTS FROM INDUSTRY EXPERTS 226
15.2 DISCUSSION GUIDE 226
15.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
15.4 CUSTOMIZATION OPTIONS 231
15.4.1 MARKET SIZE IN TERMS OF VALUE (USD MILLION) AND VOLUME (THOUSAND UNITS), AT COUNTRY LEVEL, BY PROPULSION 231
15.4.2 MARKET SIZE IN TERMS OF VALUE (USD MILLION) AND VOLUME (THOUSAND UNITS), AT COUNTRY LEVEL, BY COMPRESSOR TYPE 231
15.4.3 ADDITIONAL COMPANY PROFILES 231
15.5 RELATED REPORTS 231
15.6 AUTHOR DETAILS 232
