PUBLISHER: TechNavio | PRODUCT CODE: 1660796
PUBLISHER: TechNavio | PRODUCT CODE: 1660796
The automotive HVAC compressor market is forecasted to grow by USD 10088.4 million during 2024-2029, accelerating at a CAGR of 9% during the forecast period. The report on the automotive 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 growing adoption of electric HVAC compressors, increasing demand for variable displacement compressors, and increasing adoption of HVAC systems in trucks.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 8% |
CAGR | 9% |
Incremental Value | $10088.4 mn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's automotive HVAC compressor market is segmented as below:
By Application
By Type
By Channel
By Material
By Geographical Landscape
This study identifies the rise in adoption of EVs as one of the prime reasons driving the automotive HVAC compressor market growth during the next few years. Also, increasing popularity of low-noise HVAC compressors and growing development of HVAC compressors with gas injection will lead to sizable demand in the market.
The report on the automotive HVAC compressor market covers the following areas:
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 HVAC compressor market vendors that include Aotejia New Energy Technology Co. Ltd, DENSO Corp., ERAE AMS, 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, Sanden Corp., Smiths Manufacturing (Pty) Ltd., Subros Ltd., Toyota Industries Corp., and Valeo SA. Also, the automotive 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 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 primary and secondary research. 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 accurate market growth.