Global Automotive Scroll E-Compressor Market Segments 2024, Forecast To 2033

The automotive scroll e-compressor market has demonstrated strong growth, rising from $1.38 billion in 2023 to $1.5 billion in 2024, with an 8.1% CAGR. Historical growth is linked to increasing demand for in-car comfort, demand for fuel efficiency, a shift toward electric and hybrid vehicles, consumer demand for comfort and performance, OEM adoption and standardization, and innovation in the automotive industry. The forecast predicts strong growth to $2.04 billion in 2028, attributed to the expansion of electric vehicles (EVs), the development of next-generation refrigerants, an increasing focus on cabin air quality, the rise in demand for autonomous vehicles, and the integration of smart HVAC systems. Key trends include the rise in electric and hybrid vehicle adoption, advancements in scroll compressor technology, a focus on energy efficiency, integration with smart climate control systems, the adoption of low GWP refrigerants, and market expansion in emerging economies.