Automotive E-Compressor Market Share, Size, Trends, and Forecast by 2031

MARKET INTRODUCTION

Automotive E-compressors or electric compressors are widely used in vehicles to support the operation of the HVAC system for passenger comfort. The growing acceptance of environmentally friendly vehicles is the prime factor driving the automotive E-compressor market growth. Further, the traditional belt-driven compressor raises the engine's workload, which reduces the efficiency and performance of the vehicle, thus resulting in higher emissions. This factor is likely to propel the growth of the automotive E-compressor market.

MARKET DYNAMICS

The growing preference for e-compressors by automotive manufacturers to achieve fuel efficiency is a major driving factor for the automotive E-compressor market's growth. However, automotive e-compressors are less powerful than conventional compressors, which might hamper the automotive E-compressor market growth. Moreover, technological developments in the vehicle, favorable government policies promoting EVs are boosting sales and production of EVs, which is expected to influence the automotive E-compressor market's growth during the forecast period.

MARKET SCOPE

The "Global Automotive E-Compressor Market Analysis to 2031" is a specialized and in-depth study of the automotive E-compressor industry with a special focus on the global market trend analysis. The report aims to provide an overview automotive E-compressor market with detailed market segmentation as product, type, vehicle type, and geography. The global automotive E-compressor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive E-compressor market players and offers key trends and opportunities in the automotive E-compressor market.

MARKET SEGMENTATION

The global automotive E-compressor market is segmented on the basis of product, type, vehicle type. On the basis of product the market is segmented as scroll, screw, swash, wobble, others. On the basis of type the market is segmented as electric vehicles (EV), hybrid electric vehicles (HEV). On the basis of vehicle type the market is segmented as passenger cars, light commercial vehicles, medium and heavy commercial vehicles.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive E-compressor market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive E-compressor market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting automotive E-compressor market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive E-compressor market in these regions.

MARKET PLAYERS

The reports cover key developments in the automotive E-compressor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Automotive E-compressor market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive E-compressor in the global market. Below mentioned is the list of few companies engaged in the automotive E-compressor market.

The report also includes the profiles of key automotive E-compressor companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Denso Corporation
  
•   Hanon Systems
  
•   MAHLE GmbH
  
•   Mitsubishi Heavy Industries, Ltd.
  
•   Robert Bosch GmbH
  
•   Sanden Corporation
  
•   SCHOTT AG
  
•   Toyota Industries Corporation
  
•   Valeo S.A.
  
•   WABCO
  
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Automotive E-Compressor Report Scope