Automotive E-Compressor Market by Type (Screw, Scroll, Swash), Component (Compressor Section, Inverter, Motor), Drivetrain, Sales Channel, Vehicle - Global Forecast 2024-2030

Automotive E-Compressor Market by Type (Screw, Scroll, Swash), Component (Compressor Section, Inverter, Motor), Drivetrain, Sales Channel, Vehicle - Global Forecast 2024-2030

The Automotive E-Compressor Market size was estimated at USD 2.49 billion in 2023 and expected to reach USD 2.76 billion in 2024, at a CAGR 11.34% to reach USD 5.29 billion by 2030.

An automotive e-compressor, mainly used in electric and hybrid vehicles, is a device used to manage the climate control system. They operate using electric power, usually drawn from the vehicle’s battery or electrical system, to compress refrigerant gases for air conditioning or heat pump functions.With the increasing focus on environmentally friendly transport solutions and rising demand for electric vehicles, the need for e-compressors is expanding. Global initiatives to reduce carbon emissions pushing for the electrification of vehicles, rising consumer preference for energy-efficient vehicles, and growing supportive government policies favoring electric vehicle adoption have also accelerated the demand for e-compressors. However, the high manufacturing costs of e-compressors and technical complexities in their design and integration impede the product development process. Market players are working on design enhancement for compact and lightweight compressors, the development of high-performance e-compressors, reduction of manufacturing costs through material innovations, and establishment of sustainable supply chain practices. The market also holds potential opportunities that include partnerships with automotive manufacturers for seamless integration of e-compressors and investments in R&D for energy-efficient compressors.

Regional Insights

In the Americas, automotive compressors are extensively used in passenger vehicles and commercial trucks due to the extensive road network and high car ownership ratio. Production of automotive compressors in the Americas is concentrated mainly in the US and Mexico due to the presence of a large number of auto manufacturers and supportive industrial policies. Companies in the region are offering a diverse product portfolio and maintaining robust distribution networks. In Asia, particularly in countries such as India and China, with rising middle-class populations, the spike in electric automotive production and ownership has elevated the usage of automotive compressors. In Asia, Japan, China, and South Korea observe significant production, boosted by high local demand and established automobile industries. Asia's landscape is marked by competitive rivalry among key regional and international companies, which bank on innovation and competitive pricing. Europe has a relatively mature market defined by high technical standards and strong regulations, which drive the usage of high-quality, energy-efficient compressors. Europe's production is predominantly in Germany, France, and Italy, countries known for their long-standing automotive large-scale automotive industry and advanced technologies. Europe's landscape showcases a blend of traditional and new entrants, with companies focusing on constant research & development and high-quality products, with adherence to stringent European standards.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Automotive E-Compressor Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Increasing production and sales of electric and hybrid vehicles
• Government support for the adoption of fuel-efficient and eco-friendly solutions
• Preference for quieter and more compact compressors

Market Restraints

• Complex maintenance and compatibility issues of e-compressors

Market Opportunities

• Advancements and development of novel automotive e-compressors
• Emerging shift to autonomous and self-driving vehicles

Market Challenges

• Concerns associated with failure and malfunctioning of e-compressors

Market Segmentation Analysis

• Type: Improved operational efficiency and functioning benefits of screw compressors
• Component: Development of updated compressor sections to meet the evolving automotive landscape
• Sales Channel: High performance and optimized features of OEM e-compressors
• Vehicle: Need for improved reliability of e-compressors in passenger vehicles

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Automotive E-Compressor Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Automotive E-Compressor Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Garrett's Next-Generation Electric Compressor Technology Debuts in Hydrogen Fuel Cell Vehicle

Garrett Motion Inc. a key automotive technology company, is collaborating with BMW Group to develop an advanced electric fuel cell compressor. Garrett's high-performance electric air compressor optimizes the fuel cell stack's performance, resulting in better power output and durability over the vehicle's lifetime.

Sullair Announces Release of E1035H Electric Portable Compressor as Part of Long-Term Climate Action Strategy

Sullair, a renowned provider of innovative compressed air solutions, has introduced the E1035H electric portable compressor. The E1035H offers reliable performance, boasting quiet operation and enhanced safety features, all at a lower total cost of ownership compared to diesel compressors.

MAHLE Receives 1.4 Million Euros in e-compressor Orders

MAHLE has secured series orders amounting to approximately 1.4 billion euros in both passenger and commercial vehicle sectors for supply of E-compressor. With these orders, the company planned to expand their business offerings into the market.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Automotive E-Compressor Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Automotive E-Compressor Market, highlighting leading vendors and their innovative profiles. These include Anhui Dyne Automotive Air Conditioning Co. Ltd., BorgWarner Inc., Brose Fahrzeugteile SE & Co. KG, Continental AG by The Schaeffler Group, Denso Corporation, Faurecia, Garrett Motion Inc., Guchen Industry, Hanon Systems, Highly Marelli Holdings Co., Limited, Infineon Technologies AG, Ingersoll Rand Inc., MAHLE Aftermarket GmbH, Mitsubishi Heavy Industries, Ltd., Panasonic Automotive Systems Co., Ltd., Quanxing Machining Group Co., Ltd., Robert Bosch GmbH, Sanden Corporation, Schott AG, STMicroelectronics International N.V., Sullair by Hitachi Global Air Power US, LLC, TCCI Manufacturing, Toyota Industries Corporation, Valeo, Vikas Group, and ZF Friedrichshafen AG.

Market Segmentation & Coverage

This research report categorizes the Automotive E-Compressor Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Type
• Screw
• Scroll
• Swash
• Wobble
• Component
• Compressor Section
• Inverter
• Motor
• Oil Separator
• Drivetrain
• Battery Electric Vehicle
• Hybrid or Plug-in Electric Vehicle
• Sales Channel
• Aftermarket
• OEM
• Vehicle
• Commercial Vehicles
• Passenger Vehicles
• Region
• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year