From GlobeNewswire: 2024-04-17 17:00:00

The Global Automotive E Compressor Market is set to grow from USD 3.142 Billion in 2023 to USD 43.64 Billion by 2033, with a CAGR of 30.10%. E-compressors, powered by electric motors, provide efficient cooling for both traditional and electric vehicles. Rising demand for EVs is a major driver of market growth.

The scroll segment is expected to dominate the automotive E compressor market. Scroll compressors consist of two spiral-shaped scrolls and offer high volume efficiency compared to traditional compressors. Passenger cars are driving demand for e-compressors, ensuring optimal cabin temperatures for a comfortable driving experience.

The BEV segment is projected to hold the largest share of the global automotive E compressor market due to the increasing adoption of electric vehicles. North America is leading the market share with a growing interest in EVs, while Europe is growing rapidly due to stringent emission standards and government support for electric mobility.

Major vendors in the market include Denso Corporation, Valeo S.A., Panasonic Corporation, and Robert Bosch GmbH. Recent developments include Brose unveiling an 800-volt climate compressor for rapid charging. Market segmentation includes product type, region, and key players. Browse related reports for more insights on advanced tires, CNG & LPG vehicles, connected tires, and electric highways.



Read more at GlobeNewswire: Global Automotive E Compressor Market Size To Exceed USD