Global Automotive Heating, Ventilation, and Air Conditioning (HVAC) Compressor Market 2024-2028

The automotive heating, ventilation, and air conditioning (HVAC) compressor market is forecasted to grow by USD 6.32 bn during 2023-2028, accelerating at a CAGR of 7.68% during the forecast period. The report on the automotive heating, ventilation, and air conditioning (HVAC) compressor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of automotive HVAC electric compressors, increasing demand for variable displacement compressors, and increasing adoption of HVAC systems in trucks.

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.22%
CAGR	7.68%
Incremental Value	$6.32bn

Technavio's automotive heating, ventilation, and air conditioning (HVAC) compressor market is segmented as below:

By Application

Passenger cars
LCVs
MCVs and HCVs

By Type

Swash plate compressors
Scroll compressors
Rotary compressors
Reciprocating compressors

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the growing development of HVAC compressors with gas injection as one of the prime reasons driving the automotive heating, ventilation, and air conditioning (HVAC) compressor market growth during the next few years. Also, increasing popularity of low-noise HVAC compressors and emergence of eco-friendly automotive HVAC systems will lead to sizable demand in the market.

The report on the automotive heating, ventilation, and air conditioning (HVAC) compressor market covers the following areas:

Automotive heating, ventilation, and air conditioning (HVAC) compressor market sizing
Automotive heating, ventilation, and air conditioning (HVAC) compressor market forecast
Automotive heating, ventilation, and air conditioning (HVAC) compressor market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive heating, ventilation, and air conditioning (HVAC) compressor market vendors that include Aotejia New Energy Technology Co. Ltd, AutoAirOnline, DENSO Corp., ESTRA Automotive Systems Co. Ltd., Hanon Systems, HELLA GmbH and Co. KGaA, Japan Climate Systems Corp., MAHLE GmbH, Marelli Holdings Co. Ltd., Mitsubishi Heavy Industries Ltd., Ningbo Anchor Auto Parts Co. Ltd., OMEGA Environmental Technologies, R and Y AC Compressors, Sanden Corp., Smiths Manufacturing Pty Ltd., Subros Ltd., Toyota Industries Corp., Valeo SA, Zhejiang Santian A/C Compressor Co. Ltd., and ERAE AMS. Also, the automotive heating, ventilation, and air conditioning (HVAC) compressor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR45605

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global automotive heating, ventilation, and air conditioning (HVAC) compressor market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global automotive heating, ventilation, and air conditioning (hvac) compressor market 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Passenger cars - Market size and forecast 2023-2028
Exhibit 34: Chart on Passenger cars - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Passenger cars - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
6.4 LCVs - Market size and forecast 2023-2028
Exhibit 38: Chart on LCVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on LCVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on LCVs - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on LCVs - Year-over-year growth 2023-2028 (%)
6.5 MCVs and HCVs - Market size and forecast 2023-2028
Exhibit 42: Chart on MCVs and HCVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on MCVs and HCVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on MCVs and HCVs - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on MCVs and HCVs - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application ($ billion)
Exhibit 47: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 48: Chart on Type - Market share 2023-2028 (%)
Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 50: Chart on Comparison by Type
Exhibit 51: Data Table on Comparison by Type
7.3 Swash plate compressors - Market size and forecast 2023-2028
Exhibit 52: Chart on Swash plate compressors - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Swash plate compressors - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Swash plate compressors - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Swash plate compressors - Year-over-year growth 2023-2028 (%)
7.4 Scroll compressors - Market size and forecast 2023-2028
Exhibit 56: Chart on Scroll compressors - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Scroll compressors - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Scroll compressors - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Scroll compressors - Year-over-year growth 2023-2028 (%)
7.5 Rotary compressors - Market size and forecast 2023-2028
Exhibit 60: Chart on Rotary compressors - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Rotary compressors - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Rotary compressors - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Rotary compressors - Year-over-year growth 2023-2028 (%)
7.6 Reciprocating compressors - Market size and forecast 2023-2028
Exhibit 64: Chart on Reciprocating compressors - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Reciprocating compressors - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Reciprocating compressors - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Reciprocating compressors - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Type
Exhibit 68: Market opportunity by Type ($ billion)
Exhibit 69: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
Exhibit 111: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 Aotejia New Energy Technology Co. Ltd
Exhibit 123: Aotejia New Energy Technology Co. Ltd - Overview
Exhibit 124: Aotejia New Energy Technology Co. Ltd - Product / Service
Exhibit 125: Aotejia New Energy Technology Co. Ltd - Key offerings
12.4 DENSO Corp.
Exhibit 126: DENSO Corp. - Overview
Exhibit 127: DENSO Corp. - Business segments
Exhibit 128: DENSO Corp. - Key news
Exhibit 129: DENSO Corp. - Key offerings
Exhibit 130: DENSO Corp. - Segment focus
12.5 ERAE AMS
Exhibit 131: ERAE AMS - Overview
Exhibit 132: ERAE AMS - Product / Service
Exhibit 133: ERAE AMS - Key offerings
12.6 ESTRA Automotive Systems Co. Ltd.
Exhibit 134: ESTRA Automotive Systems Co. Ltd. - Overview
Exhibit 135: ESTRA Automotive Systems Co. Ltd. - Product / Service
Exhibit 136: ESTRA Automotive Systems Co. Ltd. - Key offerings
12.7 Hanon Systems
Exhibit 137: Hanon Systems - Overview
Exhibit 138: Hanon Systems - Business segments
Exhibit 139: Hanon Systems - Key offerings
Exhibit 140: Hanon Systems - Segment focus
12.8 HELLA GmbH and Co. KGaA
Exhibit 141: HELLA GmbH and Co. KGaA - Overview
Exhibit 142: HELLA GmbH and Co. KGaA - Business segments
Exhibit 143: HELLA GmbH and Co. KGaA - Key news
Exhibit 144: HELLA GmbH and Co. KGaA - Key offerings
Exhibit 145: HELLA GmbH and Co. KGaA - Segment focus
12.9 Japan Climate Systems Corp.
Exhibit 146: Japan Climate Systems Corp. - Overview
Exhibit 147: Japan Climate Systems Corp. - Product / Service
Exhibit 148: Japan Climate Systems Corp. - Key offerings
12.10 MAHLE GmbH
Exhibit 149: MAHLE GmbH - Overview
Exhibit 150: MAHLE GmbH - Business segments
Exhibit 151: MAHLE GmbH - Key news
Exhibit 152: MAHLE GmbH - Key offerings
Exhibit 153: MAHLE GmbH - Segment focus
12.11 Marelli Holdings Co. Ltd.
Exhibit 154: Marelli Holdings Co. Ltd. - Overview
Exhibit 155: Marelli Holdings Co. Ltd. - Product / Service
Exhibit 156: Marelli Holdings Co. Ltd. - Key news
Exhibit 157: Marelli Holdings Co. Ltd. - Key offerings
12.12 Mitsubishi Heavy Industries Ltd.
Exhibit 158: Mitsubishi Heavy Industries Ltd. - Overview
Exhibit 159: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibit 160: Mitsubishi Heavy Industries Ltd. - Key news
Exhibit 161: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibit 162: Mitsubishi Heavy Industries Ltd. - Segment focus
12.13 Ningbo Anchor Auto Parts Co. Ltd.
Exhibit 163: Ningbo Anchor Auto Parts Co. Ltd. - Overview
Exhibit 164: Ningbo Anchor Auto Parts Co. Ltd. - Product / Service
Exhibit 165: Ningbo Anchor Auto Parts Co. Ltd. - Key offerings
12.14 OMEGA Environmental Technologies
Exhibit 166: OMEGA Environmental Technologies - Overview
Exhibit 167: OMEGA Environmental Technologies - Product / Service
Exhibit 168: OMEGA Environmental Technologies - Key offerings
12.15 Sanden Corp.
Exhibit 169: Sanden Corp. - Overview
Exhibit 170: Sanden Corp. - Business segments
Exhibit 171: Sanden Corp. - Key offerings
Exhibit 172: Sanden Corp. - Segment focus
12.16 Toyota Industries Corp.
Exhibit 173: Toyota Industries Corp. - Overview
Exhibit 174: Toyota Industries Corp. - Business segments
Exhibit 175: Toyota Industries Corp. - Key news
Exhibit 176: Toyota Industries Corp. - Key offerings
Exhibit 177: Toyota Industries Corp. - Segment focus
12.17 Valeo SA
Exhibit 178: Valeo SA - Overview
Exhibit 179: Valeo SA - Business segments
Exhibit 180: Valeo SA - Key news
Exhibit 181: Valeo SA - Key offerings
Exhibit 182: Valeo SA - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 183: Inclusions checklist
Exhibit 184: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 185: Currency conversion rates for US$
13.4 Research methodology
Exhibit 186: Research methodology
Exhibit 187: Validation techniques employed for market sizing
Exhibit 188: Information sources
13.5 List of abbreviations
Exhibit 189: List of abbreviations