Report ID: UCMIG25A2083
Report ID:
UCMIG25A2083 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The market size of the global automotive electric HVAC compressor reached USD 9.36 billion in 2020 and is projected to witness a steady growth rate of 20.7% annually from 2021 to 2028. This growth can be attributed to the increasing demand for electric vehicles (EVs) worldwide and the need for efficient and eco-friendly HVAC systems in automobiles. The automotive industry's shift towards electrification and the rising consumer awareness regarding environmental sustainability are driving the adoption of electric HVAC compressors. With technological advancements and stringent government regulations promoting electric mobility, the market for automotive electric HVAC compressors is expected to experience significant expansion in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Auto Parts & Equipment by segment aggregation, the contribution of the Auto Parts & Equipment in Automobiles & Components and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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REQUEST FREE CUSTOMIZATIONThe market for Automotive Electric HVAC Compressor was estimated to be valued at US$ XX Mn in 2021.
The Automotive Electric HVAC Compressor Market is estimated to grow at a CAGR of XX% by 2028.
The Automotive Electric HVAC Compressor Market is segmented on the basis of Cooling Capacity, Vehicle Type, Drivetrain, Region.
Based on region, the Automotive Electric HVAC Compressor Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Automotive Electric HVAC Compressor Market are Denso Corporation, Hanon Systems, MAHLE GmbH, SANDEN Holdings Corporation, Toyota Industries Corporation, Highly Marelli Holdings Co., Ltd., Valeo S.A..
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Report ID: UCMIG25A2083