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.
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.