Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Automotive Electric HVAC Compressor Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Automotive Electric HVAC Compressor Market?
The market size of the automotive electric HVAC compressor has seen rapid expansion lately. It is set to rise from $16.48 billion in 2024 to $20.01 billion in 2025, reflecting a compound annual growth rate (CAGR) of 21.4%.
What Is the Forecasted CAGR for the Automotive Electric HVAC Compressor Market by 2029?
The Automotive Electric HVAC Compressor Global Market is projected to expand significantly, reaching a valuation of $43.16 billion by 2029. The market is predicted to grow at a compound annual growth rate (CAGR) of 21.2%
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What Are the Market Drivers in the Automotive Electric HVAC Compressor Industry?
The key drivers in the automotive electric hvac compressor market are:
• Rising trend of vehicle electrification
• Emergence of autonomous vehicles and enhanced vehicle connectivity
• Consumer demand for more advanced and efficient features in vehicles
• Increasing focus on sustainability initiatives within the automotive industry
What Is the Segment-Wise Breakdown of the Automotive Electric HVAC Compressor Market?
The automotive electric hvac compressor market covered in this report is segmented –
1) By Product Type: Scroll, Screw, Swash, Wobble
2) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), Buses And Coaches
3) By Cooling Capacity: Less Than 20 CC, 20-40 CC, 40-60 CC, More Than 60 CC
4) By Drivetrain: Plug-In Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV)
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Which Emerging Trends Are Driving Growth in the Automotive Electric HVAC Compressor Sector?
The key trends in the automotive electric hvac compressor market are:
• The market is trending towards the integration of HVAC compressors with thermal management systems.
• There's a growing demand for smart climate control features in vehicles.
• The use and integration of cabin air quality sensors is becoming a significant trend in the market.
• There is an emerging trend of thermal comfort in autonomous vehicles and the use of advanced refrigerant technologies.
Which Companies Are Dominating the Automotive Electric HVAC Compressor Market in Terms of Revenue?
Major players in the automotive electric hvac compressor market are:
• Denso Corporation
• Toyota Industries Corporation
• Valeo SA
• MAHLE GmbH
• Robert Bosch GmbH
• Highly Marelli Holdings Co. Ltd.
• Brose Fahrzeugteile SE & Co. KG
• Borg Warner Inc.
• Hanon Systems
• Aptiv plc
• Mitsubishi Heavy Industries Ltd.
• Estra Automotive Systems Co. Ltd.
• Hella KGaA Hueck & Co.
• Subros Ltd.
• Michigan Automotive Compressor Inc.
• Shanghai Highly Group Co. Ltd.
• Continental AG
• Sanden Holdings Corporation
• Behr Hella Service GmbH
• Calsonic Kansei Corporation
• Delphi Technologies plc
• Panasonic Corporation
• Johnson Controls International plc
• Modine Manufacturing Company
• Xiezhong International Holdings Limited
• Red Dot Corporation
• Eberspaecher Climate Control Systems GmbH & Co. KG.
What Are the Regions Driving Demand in the Automotive Electric HVAC Compressor Market?
Asia-Pacific was the largest region in the automotive electric HVAC compressor in 2024
