自動車用電動コンプレッサー市場 : 2033年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年5月

Automotive E-Compressor Market – Global Forecast to 2033

自動車用電動コンプレッサー市場 : コンプレッサーのタイプ (スクロール、ロータリースクリュー、遠心、回帰式、アキシャル)、テクノロジー (VFD、固定速度)、容量 (小型、中型、大型)、車両タイプ、推進力 (BEV、PHEV、HEV、FCEV) – 2033年までの世界予測
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.

自動車用電動コンプレッサー市場は、予測期間中のCAGR 12.5%で、2024年の推定66億ドルから2033年までに189億ドルに達すると予測されています。

自動車用電動コンプレッサー市場 : 2033年までの世界予測

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.

自動車用電動コンプレッサー市場 : 2033年までの世界予測 ecosystem

“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.

自動車用電動コンプレッサー市場 : 2033年までの世界予測 regionThe 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