Automotive Air Compressor Market Strategies, Top Players, Growth Opportunities, Analysis and Forecast by 2031

Coverage: Automotive Air Compressor Market covers analysis By Type (Reciprocating, Rotary Screw, Centrifugal); Lubrication Method (Oiled, Oil-Free); Vehicle Type (Heavy Commercial Vehicles, Light Commercial Vehicles, Passenger Cars), and Geography

  • Report Code : TIPTE100000666
  • Category : Automotive and Transportation
  • No. of Pages : 150

Automotive Air Compressor Market Growth Report 2021 to 2031

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The automotive air compressor market is expected to register a CAGR of 4.2% during 2023–2031. The evolution of advanced technologies in vehicles is likely to remain a key trend in the market.

Automotive Air Compressor Market Analysis

  • Automotive air compressor sales are expected to accelerate due to a number of factors, including an increase in vehicle ownership, a rise in consumer demand for comfort in their vehicles, and an increase in the number of on-road cars.
  • The integrity and quality of products, as well as the maintenance of operational efficiency, are contingent upon the quality of compressed air vehicles. These factors are also fueling the market growth of automotive air compressors.

Automotive Air Compressor Market Overview

  • The evaporator of an automobile is removed by use of an air conditioner to extract the heat-producing vapor refrigerant. Because of the growth in vehicle production and the increasing installation of high-quality comfort accessories for reasonably priced vehicles, it is projected that the market will grow substantially in the coming years.
  •  The market for automotive air compressors will also grow as a result of increased auto production and a rise in the use of car air conditioners in emerging economies. Since the operation of compressors depends on refrigerants, governments everywhere have enacted laws to reduce the pollution that these gases produce.
  • It is predicted that strict adherence to these regulations will impede the growth of the automotive air conditioner sector. Additionally, improvements in the performance and efficiency of automotive air compressors have made air conditioning systems more affordable recently, which is driving the market's expansion.

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Automotive Air Compressor Market: Strategic Insights

Automotive Air Compressor Market
  • CAGR
    CAGR (2023 - 2031)
    4.2%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Market Dynamics

GROWTH DRIVERS
  • Technological Advancement in the Automotive Sector
FUTURE TRENDS
  • Growing Focus on Comfort and Safety Features in Vehiles
OPPORTUNITIES
  • Increasing Automotive Production

Key Players

  • Gardner Denver Inc
  • Hitachi Industrial Equipment Systems Co Ltd
  • Ingersoll Rand plc
  • Kirloskar Pneumatic Company Ltd KPCL
  • Kobe Steel Ltd
  • Mitsubishi Heavy Industries Ltd
  • Stanley Black and Decker Inc
  • Sulzer Ltd
  • VMAC Global Technology Inc

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market SegmentType
  • Reciprocating
  • Rotary Screw
  • Centrifugal
Market SegmentLubrication Method
  • Oiled
  • Oil-Free
Market SegmentVehicle Type
  • Heavy Commercial Vehicles
  • Light Commercial Vehicles
  • Passenger Cars
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Automotive Air Compressor Market Drivers and Opportunities

Technological Advancement in the Automotive Sector to Favor the Market

  • Evolutions in the air compressor design and technology have also accelerated the advancement of the automotive air compressor market.
  • The original equipment manufacturers are experimenting to build lightweight, more efficient and compact car refrigerator systems, thus reducing the size and dimensions of modern car air conditioning systems.
  • Furthermore, the innovation in the automotive air conditioning compressor development has helped to increase car refrigeration and simultaneously reduce the vibration of the vehicle.

Growing Focus on Autonomous and Electric Vehicles

  • The automotive industry faces major changes and developments to bring up production and satisfy the new consumer’s requirements.
  • The growing technological advancements and increasing consumer focus on luxury and safety features are increasing the sale of premium cars, which is also opening new opportunities for the market.

Automotive Air Compressor Market Report Segmentation Analysis

Key segments that contributed to the derivation of the automotive air compressor market analysis are type, lubrication method and vehicle type.

  • Based on type, the automotive air compressor market is divided into reciprocating, rotary screw, and centrifugal.
  • On the basis of the lubrication method, the market is divided into oiled oil-free.
  • Based on vehicle type, the automotive air compressor market is divided into heavy commercial vehicles, light commercial vehicles, and passenger cars.

Automotive Air Compressor Market Share Analysis by Geography

  • The automotive air compressor market report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
  • Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering automotive air compressor market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
  • Also, the report covers PEST analysis, which involves the study of major factors that influence the automotive air compressor market in these regions.

Automotive Air Compressor Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) 4.2%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Reciprocating
  • Rotary Screw
  • Centrifugal
By Lubrication Method
  • Oiled
  • Oil-Free
By Vehicle Type
  • Heavy Commercial Vehicles
  • Light Commercial Vehicles
  • Passenger Cars
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Gardner Denver Inc
  • Hitachi Industrial Equipment Systems Co Ltd
  • Ingersoll Rand plc
  • Kirloskar Pneumatic Company Ltd KPCL
  • Kobe Steel Ltd
  • Mitsubishi Heavy Industries Ltd
  • Stanley Black and Decker Inc
  • Sulzer Ltd
  • VMAC Global Technology Inc
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Automotive Air Compressor Market News and Recent Developments

The automotive air compressor market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive air compressor market are listed below:

  • MAHLE GmbH has successfully established itself as a supplier of e-mobility. One bestseller in this area is the electric A/C compressor, for which the technology group from Stuttgart has already secured numerous series orders in the passenger car and commercial vehicle sectors. The total order volume is approximately 1.4 billion euros. Most recently, MAHLE introduced the most powerful e-compressor currently available on the market, with a peak power of 18 kW. E-compressors are the heart of thermal management in electric vehicles. (Source: MAHLE GmbH, Company Website, November 2022)
  • Hitachi Industrial Equipment Systems Co., Ltd. announced it has launched the "Predictive Diagnosis Service" for air compressors used as power sources for factory equipment, etc. The service uses machine learning to analyze data obtained through remote monitoring. It combines it with the knowledge accumulated by Hitachi Industrial Equipment Systems maintenance staff to detect and prevent problems and abnormalities that could lead to equipment stoppages in advance. This service also uses the expertise of maintenance staff to estimate the effects of factors that reduce operating efficiency and can propose more efficient operations with less environmental impact. (Source: Hitachi Industrial Equipment Systems Co., Ltd., Company Website, June 2024)

Automotive Air Compressor Market Report Coverage and Deliverables

The “Automotive Air Compressor Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

  • Automotive air compressor market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Automotive air compressor market trends as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Automotive air compressor market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive air compressor market
  • Detailed company profiles
Report Coverage

Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered

Segment Covered

This text is related
to segments covered.

Regional Scope

Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope

Country Scope

This text is related
to country scope.

Frequently Asked Questions


What are the deliverable formats of the automotive air compressor market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the options available for the customization of this report?

Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

Which are the leading players operating in the automotive air compressor market?

The leading players operating in the automotive air compressor market are Gardner Denver, Inc., Hitachi Industrial Equipment Systems Co., Ltd., Ingersoll-Rand plc, Kirloskar Pneumatic Company Ltd. (KPCL), Kobe Steel, Ltd., Mitsubishi Heavy Industries, Ltd., Stanley Black and Decker, Inc., Sulzer Ltd and VMAC Global Technology Inc.

What are the driving factors impacting the global automotive air compressor market?

The rapid advancement of automated vehicles is one of the major factors driving the automotive air compressor market.

What is the expected CAGR of the automotive air compressor market?

The global automotive air compressor market is expected to grow at a CAGR of 4.2% during the forecast period 2023 - 2031.

What are the future trends of the automotive air compressor market?

An increase in sales of vehicles is anticipated to play a significant role in the global automotive air compressor market in the coming years.

The List of Companies

1. Elgi Equipments Limited
2. Gardner Denver, Inc.
3. Hitachi Industrial Equipment Systems Co., Ltd.
4. Ingersoll-Rand plc
5. Kirloskar Pneumatic Company Ltd. (KPCL)
6. Kobe Steel, Ltd.
7. Mitsubishi Heavy Industries, Ltd.
8. Stanley Black and Decker, Inc.
9. Sulzer Ltd
10. VMAC Global Technology Inc.

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