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Major players in the automotive electric HVAC compressor market are Denso Corporation, Toyota Industries Corporation, Valeo SA, MAHLE GmbH, Robert Bosch GmbH, Highly Marelli Holdings Co. Ltd. , Brose vehicle parts SE & Co.

New York, Dec 05, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Automotive Electric HVAC Compressor Global Market Report 2022: Ukraine-Russia War Impact” – https://www.reportlinker.com/p06370316/?utm_source= GNW
KG, Borg Warner Inc., Hanon Systems, Aptiv PLC, Mitsubishi Heavy Industries Ltd., WABCO Vehicle Control Systems, Estra Automotive Systems Co. Ltd, Hella KGaA Hueck & Co., Merck KGaA, Subros Ltd, Michigan Automotive Compressor, Shanghai Highly Group Co Ltd, and Continental AG.

The global automotive electric HVAC compressor market is expected to grow from $8.59 billion in 2021 to $10.82 billion in 2022 at a compound annual growth rate (CAGR) of 26%. The Russia-Ukraine was disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The automotive electric HVAC compressor market is expected to reach $24.61 billion in 2026 at a CAGR of 22.8%.

The automotive electric HVAC compressor market consists of sales of automotive electric HVAC compressors by entities (organizations, sole traders, and partnerships) that are used to avoid vehicle breakdowns and keep the cabin and battery pack cool to protect the battery from overheating.HVAC refers to automotive electric heating, ventilation, and air conditioning.

These act as the heart of the cooling function in automotive vehicles.

The main product types of automotive electric HVAC compressors are scroll, screw, swash and wobble.The scroll type of automotive electric HVAC compressor is used in vehicles due to its features such as fewer moving parts and lower torque variations.

Scroll electric HVAC compressors refer to a specifically made compressor that operates in a circular movement rather than an up-and-down piston action.The various types of vehicles are passenger vehicles, light commercial vehicles (LCV), heavy commercial vehicles (HCV), and buses and coaches.

The various cooling capacities include less than 20 CC, 20-40 CC, 40-60 CC, and more than 60 CC and involve several drivetrains such as plug-in hybrid electric vehicles (PHEV), battery electric vehicles (BEV), and hybrid electric vehicles (HEV).

Asia Pacific was the largest region in the automotive electric HVAC compressor in 2021. Europe was the second largest region in the automotive electric HVAC compressor.

The regions covered in the automotive electric HVAC compressor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The increasing adoption of electric vehicles (EVs) is expected to contribute to the growth of the automotive electric HVAC compressor market going forward.Electric vehicles refer to vehicles that use one or more electric motors as a means of propulsion that run on electricity.

In electric vehicles, an electric HVAC compressor is required to cool not only the cabin but also other onboard electronics that tend to get hot.Therefore, the role of these compressors is expanding for electric vehicles and their production is increasing.

For instance, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, 10 million electric cars were on the road globally in 2020, a 43% increase from 2019. Therefore, the increasing adoption of EVs is driving the Growth of the automotive electric HVAC compressor market.

Product innovations have emerged as the key trend gaining popularity in the automotive electric HVAC compressor market. Major companies in the market are focused on launching innovative products to meet consumer demand.

For instance, in December 2019, Denso, a Japan-based automotive components manufacturer launched the full electrical rooftop HVAC system with two integrated electrical compressors.The product is designed for electric buses of 9 meters and above and on average it is 10-20% more efficient than similar products on the market.

This integrated, efficient, lightweight air-conditioning delivers high thermal comfort and air quality and is also a cost-efficient product.

In June 2021, Hisense Group, a China-based provider of home electronics acquired Sanden Corporation for $195.6 million. The acquisition will help Hisense Group to expand into the automotive compressor markets. Sanden corporation is a Japan-based company that manufactures automotive electrical equipment.

The countries covered in the automotive electric HVAC compressor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The automotive electric HVAC compressor market research report is one of a series of new reports that provides automotive electric HVAC compressor market statistics, including automotive electric HVAC compressor industry global market size, regional shares, competitors with an automotive electric HVAC compressor market share, detailed automotive electric HVAC compressor market segments, market trends and opportunities, and any further data you may need to thrive in the automotive electric HVAC compressor industry. This automotive electric HVAC compressor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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The post Automotive Electrical HVAC Compressor International Market Report 2022: Ukraine-Russia Conflict Influence appeared first on DAILY SAN FRANCISCO BAY NEWS.

“Grand View Research, Inc. – Market Research And Consulting.”

According to a new report published by Grand View Research, the global automotive electric HVAC compressor market size is anticipated to reach USD 38.31 billion by 2028. The market is expected to expand at a CAGR of 20.7% from 2021 to 2028.

The global automotive electric HVAC compressor market size is anticipated to reach USD 38.31 billion by 2028, registering a CAGR of 20.7% from 2021 to 2028, according to a study conducted by Grand View Research, Inc. An electric compressor offers several benefits over a conventional compressor, such as lower energy consumption , compact size, controlled revolution speed, and noise-free operations. Also, unlike a conventional compressor, which is belt-driven, an electric compressor is independent of the vehicle engine. An electric compressor draws power from a separate electric motor, which is powered using an inverter. Such an arrangement ensures that the cooling operation of the vehicle continues even when the vehicle is turned off. The electric compressor also requires lesser power to drive as a result of this arrangement, thereby leaving the vehicle performance unaffected and ensuring cleaner operations due to low oil carryover.

The function of an electric compressor in an electric vehicle is much significant than that of a conventional compressor in an ICE vehicle. In an electric vehicle, the compressor is responsible for the cooling of the entire cabin as well as the battery pack. Electric compressor protects the battery from overheating and subsequently the vehicle from breaking down. Hence, an electric HVAC compressor serves as an essential component for the overall functioning of an electric vehicle. Rising fuel prices coupled with the growing awareness about environmental protection have been driving the adoption of electric vehicles and subsequently the demand for electric HVAC compressors.

However, the high initial costs and maintenance costs associated with electric HVAC compressors are expected to restrain the growth of the market. The installation of electric HVAC compressors involves heavy-duty electric wiring, which increases the overall cost of the system. Repairs and maintenance of electric compressors is also a complex task requiring a high level of expertise, thereby adding to the overall cost. Moreover, the demand for electric compressors relies entirely on the demand for electric vehicles. However, the sales of electric vehicles are already facing a double whammy of the higher price and range anxiety associated with electric vehicles. Nevertheless, advances in technology, the subsequent launch of new products, and the continued installation of electric chargers and charging stations are expected to encourage consumers to opt for electric vehicles, thereby driving the demand for electric HVAC compressors over the forecast period.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/automotive-electric-hvac-compressor-market

Automotive Electric HVAC Compressor Market Report Highlights

• The 20-40 CC segment dominated the market in 2020 with a revenue share of 48.3% and is expected to continue leading over the forecast period. The growth can be attributed to the fact that compressors with a cooling capacity of 20-40 CC are usually installed in small and medium vehicles, which have a high adoption rate
• The passenger vehicle segment is expected to register the highest CAGR of more than 20% over the forecast period. The growth can be attributed to the growing adoption of electric passenger vehicles for personal use as well as by corporates, and government and defense agencies
• The battery electric vehicle segment is expected to register the highest CAGR over the forecast period. The growth can be attributed to the increasing demand for electric vehicles in line with the continued rollout of charging infrastructure and prompt availability of skilled technicians to service electric vehicles
• The Asia Pacific regional market is expected to witness significant growth over the forecast period in line with the rising adoption of electric vehicles across China and other developing countries in the Asia Pacific region

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/automotive-electric-hvac-compressor-market/request/rs1

Automotive Electric HVAC Compressor Market Segmentation

Grand View Research has segmented the global automotive electric HVAC compressor market based on cooling capacity, vehicle type, drivetrain, and region:

Automotive Electric HVAC Compressor Cooling Capacity Outlook (Revenue, USD Million, 2017 – 2028)

• Less Than 20 CC
• 20-40cc
• 40-60cc
• More than 60 CC

Automotive Electric HVAC Compressor Vehicle Type Outlook (Revenue, USD Million, 2017 – 2028)

• Passenger Vehicle
• Light Commercial Vehicles (LCV)
• Heavy Commercial Vehicles (HCV)
• Buses & Coaches

Automotive Electric HVAC Compressor Drivetrain Outlook (Revenue, USD Million, 2017 – 2028)

• Plug-in Hybrid Electric Vehicle (PHEV)
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)

Automotive Electric HVAC Compressor Region Outlook (Revenue, USD Million, 2017 – 2028)

• NorthAmerica
• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa

List of Key Players in the Automotive Electric HVAC Compressor Market

• Denso Corporation
• Hanon Systems
• MAHLE GmbH
• SANDEN Holdings Corporation
• Toyota Industries Corporation
• Highly Marelli Holdings Co.,Ltd.
• Valeo S.A

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/451527/ibb

Browse More Related Reports:

Electric Vehicle Market Size, Share & Trends Analysis Report By Product (Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicles (PHEV)), By Region (North America, Europe, APAC, LATAM, MEA), And Segment Forecasts, 2020 – 2027

About Grand View Research

Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitudes of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

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Company name: Grand View Research, Inc.
Contact person: Sherry James, Corporate Sales Specialist – USA
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City: san francisco
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site: https://www.grandviewresearch.com/industry-analysis/automotive-electric-hvac-compressor-market

The post Automotive Electrical HVAC Compressor Market Measurement, Share, Income, Demand, Business Tendencies and Forecast to 2028 | Grand View Analysis, Inc. appeared first on DAILY SAN FRANCISCO BAY NEWS.

SAN FRANCISCO, July 20, 2021 / PRNewswire / – The global automotive HVAC compressor market is expected to be reached $ 38.31 billion by 2028 with a CAGR of 20.7% from 2021 to 2028, according to a study by Grand View Research, Inc. An electric compressor offers several advantages over a conventional compressor, such as: and noiseless operation. In addition, unlike a conventional belt-driven compressor, an electric compressor is independent of the vehicle engine. An electric compressor gets its power from a separate electric motor, which is fed by an inverter. Such an arrangement ensures that the cooling operation of the vehicle continues even when the vehicle is switched off. Due to this arrangement, the electric compressor also requires less power to drive, which means that the vehicle’s performance remains unaffected and clean operation is ensured due to the low oil carryover.

Important findings and findings:

• The 20-40 CC segment dominated the market in 2020 with a revenue share of 48.3% and is expected to continue to lead in the forecast period. The growth is due to the fact that compressors with a cooling capacity of 20-40 CC are usually installed in small and medium-sized vehicles that are widely accepted
• The passenger car segment is expected to record the highest CAGR of more than 20% in the forecast period. The growth is due to the increasing adoption of electric passenger cars for personal use, as well as by corporate, government and defense agencies
• The battery electric vehicle segment is expected to have the highest CAGR over the forecast period. The growth is due to the increasing demand for electric vehicles in connection with the further expansion of the charging infrastructure and the rapid availability of qualified technicians for servicing electric vehicles
• the Asia Pacific The regional market is expected to experience significant growth over the forecast period in line with the increasing adoption of electric vehicles across the region China and other developing countries in the Asia Pacific region

Read 110-page market research report, “Market Size, Share, and Trending Analysis of Electric HVAC Compressors for Vehicles by Cooling Capacity (Less Than 20 CC, 20-40 CC, 40-60 CC), by Vehicle Type, by Powertrain, by Region, and Segment Forecasts , 2021-2028 “, from Grand View Research

The function of an electric compressor in an electric vehicle is much more important than that of a conventional compressor in an ICE vehicle. In an electric vehicle, the compressor is responsible for cooling the entire cabin and the battery pack. Electric compressor protects the battery from overheating and thus the vehicle from failure. Thus, an electric HVAC compressor serves as an essential component for the overall function of an electric vehicle. Rising fuel prices coupled with growing environmental awareness have fueled the introduction of electric vehicles and thus the demand for HVAC electric compressors.

However, the high acquisition and maintenance costs associated with HVAC electric compressors are expected to slow the growth of the market. HVAC electrical compressor installation requires heavy-duty electrical wiring, which increases the overall cost of the system. The repair and maintenance of electric compressors is also a complex task that requires a high level of specialist knowledge and thus increases the overall costs. In addition, the demand for electric compressors depends entirely on the demand for electric vehicles. However, the sale of electric vehicles is already facing the higher price and range fears associated with electric vehicles. Still, advances in technology, subsequent product launches, and the continued installation of electric chargers and charging stations are expected to encourage consumers to opt for electric vehicles, thereby fueling demand for HVAC electric compressors over the forecast period.

Grand View Research has segmented the global automotive HVAC electric compressor market by cooling capacity, vehicle type, powertrain, and region:

• Automotive HVAC Electric Compressor Cooling Capacity Outlook (Revenue, $ Mn, 2017-2028)
• Less than 20 CC
• 20-40 cc
• 40-60 cc
• More than 60 CC
• Vehicle Type Outlook for Electric HVAC Compressors for the Automotive Industry (Revenue, MILLION USD, 2017-2028)
• Passenger vehicle
• Light commercial vehicles (LCV)
• Heavy Commercial Vehicles (HCV)
• Buses and coaches
• Drivetrain Outlook for Automotive HVAC Electric Compressors (Revenue, $ Mn, 2017-2028)
• Plug-in hybrid electric vehicle (PHEV)
• Battery electric vehicle (BEV)
• Hybrid electric vehicle (HEV)
• Automotive HVAC Electric Compressor Region Outlook (Revenue, $ Mn, 2017-2028)
• North America
• Europe
• United Kingdom
• Germany
• France
• the rest of Europe
• Asia Pacific
• China
• India
• Japan
• the rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• the rest of Latin America
• middle East & Africa

List of the major players in the Automotive HVAC Compressor Market

• Denso Corporation
• Hanon systems
• MAHLE GmbH
• SANDEN Holdings Corporation
• Toyota Industries Corporation
• Very Marelli Holdings Co., Ltd.
• Valeo SA

Check out more electric vehicle studies from Grand View Research:

• Electric Vehicle Market – Worldwide demand in the electric vehicle market is expected to reach $ 1,212.1 billion by 2027. From 2020 to 2027 a CAGR of 41.5% is expected.
• Off-Highway Electric Vehicle Market – The global Off-Highway Electric Vehicle market size is expected to be reached $ 17.45 billion by 2027. It is expected to grow from 2020 to 2027 at a CAGR of 21.2%.
• Electric Vehicle Batteries Market – The global Electric Vehicle Batteries market size is expected to be reached $ 38.6 billion by 2025. The increasing preference for e-mobility and the associated increasing popularity of electric vehicles are likely to drive market growth.

Browse Grand View Research’s coverage of the global automotive and transportation industries.

Get access to Grand View Compass, our BI-enabled intuitive market research database with over 10,000 reports

Via Grand View Research

Grand View Research, a US-based market research and advisory firm, provides both syndicated and bespoke research reports and advisory services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants who add more than 1200 market research reports to its extensive database each year. These reports provide detailed analysis of 46 industries in 25 major countries around the world. Using an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutions understand the global and regional business environment and assess the opportunities ahead.

Contact:

Sherry James
Specialist in corporate sales, United States of America
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Internet: https://www.grandviewresearch.com
Follow us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

The post Automotive Electrical HVAC Compressor Market Measurement Price $38.31 Billion By 2028: Grand View Analysis, Inc. appeared first on DAILY SAN FRANCISCO BAY NEWS.

SAN FRANCISCO, July 20, 2021 / PRNewswire / – The global automotive HVAC compressor market is expected to be reached $ 38.31 billion by 2028 with a CAGR of 20.7% from 2021 to 2028, according to a study by Grand View Research, Inc. An electric compressor offers several advantages over a conventional compressor, such as: B. Lower energy consumption, compact size, controlled speed, and silent operation. In addition, unlike a conventional belt-driven compressor, an electric compressor is independent of the vehicle engine. An electric compressor gets its power from a separate electric motor, which is fed by an inverter. Such an arrangement ensures that the cooling operation of the vehicle continues even when the vehicle is switched off. As a result of this arrangement, the electric compressor also requires less power to drive, which means that vehicle performance remains unaffected and cleaner operation is ensured due to low oil carryover.

Important findings and findings:

• The 20-40 CC segment dominated the market in 2020 with a revenue share of 48.3% and is expected to continue to lead in the forecast period. The growth is due to the fact that compressors with a cooling capacity of 20-40 CC are usually installed in small and medium-sized vehicles that are widely accepted
• The passenger car segment is expected to record the highest CAGR of more than 20% in the forecast period. The growth is due to the increasing adoption of electric passenger cars for personal use, as well as by corporate, government and defense agencies
• The battery electric vehicle segment is expected to have the highest CAGR over the forecast period. The growth is due to the increasing demand for electric vehicles in connection with the further expansion of the charging infrastructure and the rapid availability of qualified technicians for servicing electric vehicles
• The Asia Pacific The regional market is expected to experience significant growth over the forecast period in line with the increasing adoption of electric vehicles across the region China and other developing countries in the Asia Pacific region

Read 110-page market research report, “Market Size, Share, and Trending Analysis of Electric HVAC Compressors for Vehicles by Cooling Capacity (Less than 20 CC, 20-40 CC, 40-60 CC), by Vehicle Type, by Powertrain, by Region, and Segment Forecasts , 2021-2028 “, from Grand View Research

The function of an electric compressor in an electric vehicle is much more important than that of a conventional compressor in an ICE vehicle. In an electric vehicle, the compressor is responsible for cooling the entire cabin and the battery pack. Electric compressor protects the battery from overheating and thus the vehicle from failure. Thus, an electric HVAC compressor serves as an essential component for the overall function of an electric vehicle. Rising fuel prices coupled with growing environmental awareness have fueled the introduction of electric vehicles and thus the demand for HVAC electric compressors.

However, the high acquisition and maintenance costs associated with HVAC electric compressors are expected to slow the growth of the market. HVAC electrical compressor installation requires heavy-duty electrical wiring, which increases the overall cost of the system. The repair and maintenance of electric compressors is also a complex task that requires a high level of specialist knowledge and thus increases the overall costs. In addition, the demand for electric compressors depends entirely on the demand for electric vehicles. However, the sale of electric vehicles is already facing the higher price and range fears associated with electric vehicles. Still, advances in technology, the subsequent introduction of new products, and the continued installation of electric chargers and charging stations are expected to encourage consumers to choose electric vehicles, thereby fueling demand for HVAC electric compressors over the forecast period.

Grand View Research has segmented the global automotive HVAC electric compressor market by cooling capacity, vehicle type, powertrain, and region:

• Automotive HVAC Electric Compressor Cooling Capacity Outlook (Revenue, $ Mn, 2017-2028)
• Less than 20 CC
• 20-40 cc
• 40-60 cc
• More than 60 CC
• Vehicle Type Outlook for Electric HVAC Compressors for the Automotive Industry (Revenue, MILLION USD, 2017-2028)
• Passenger vehicle
• Light commercial vehicles (LCV)
• Heavy Commercial Vehicles (HCV)
• Buses and coaches
• Drivetrain Outlook for Automotive HVAC Electric Compressors (Revenue, $ Mn, 2017-2028)
• Plug-in hybrid electric vehicle (PHEV)
• Battery electric vehicle (BEV)
• Hybrid electric vehicle (HEV)
• Automotive HVAC Electric Compressor Region Outlook (Revenue, $ Mn, 2017-2028)
• North America
• Europe
• United Kingdom
• Germany
• France
• the rest of Europe
• Asia Pacific
• China
• India
• Japan
• the rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• the rest of Latin America
• middle East & Africa

List of the major players in the Automotive HVAC Compressor Market

• Denso Corporation
• Hanon systems
• MAHLE GmbH
• SANDEN Holdings Corporation
• Toyota Industries Corporation
• Very Marelli Holdings Co., Ltd.
• Valeo SA

Check out more electric vehicle studies from Grand View Research:

• Electric Vehicle Market – Worldwide demand in the electric vehicle market is expected to reach $ 1,212.1 billion by 2027. From 2020 to 2027 a CAGR of 41.5% is expected.
• Off-Highway Electric Vehicle Market – The global Off-Highway Electric Vehicle market size is expected to be reached $ 17.45 billion by 2027. It is expected to grow from 2020 to 2027 at a CAGR of 21.2%.
• Electric Vehicle Batteries Market – The global Electric Vehicle Batteries market size is expected to reach $ 38.6 billion by 2025. The increasing preference for e-mobility and the associated increasing popularity of electric vehicles are likely to drive market growth.

Browse Grand View Research’s coverage of the global automotive and transportation industries.

Get access to Grand View Compass, our BI-enabled intuitive market research database with over 10,000 reports

Via Grand View Research

Grand View Research, a US-based market research and advisory firm, provides both syndicated and bespoke research reports and advisory services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants who add more than 1200 market research reports to its extensive database each year. These reports provide detailed analysis of 46 industries in 25 major countries around the world. Using an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutions understand the global and regional business environment and assess the opportunities ahead.

Contact:

Sherry James
Sales specialist for companies, United States
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
E-mail: [email protected]
Internet: https://www.grandviewresearch.com
Follow us: LinkedIn | Twitter

SOURCE Grand View Research, Inc.

The post Automotive Electrical HVAC Compressor Market Measurement Value $38.31 Billion By 2028: Grand View Analysis, Inc. appeared first on DAILY SAN FRANCISCO BAY NEWS.

SAN FRANCISCO, July 20, 2021 / PRNewswire / – The global automotive HVAC compressor market is expected to be reached $ 38.31 billion by 2028 with a CAGR of 20.7% from 2021 to 2028, according to a study by Grand View Research, Inc. An electric compressor offers several advantages over a conventional compressor, such as: B. Lower energy consumption, compact size, controlled speed, and silent operation. In addition, unlike a conventional belt-driven compressor, an electric compressor is independent of the vehicle engine. An electric compressor gets its power from a separate electric motor, which is fed by an inverter. Such an arrangement ensures that the cooling operation of the vehicle continues even when the vehicle is switched off. As a result of this arrangement, the electric compressor also requires less power to drive, which means that vehicle performance remains unaffected and cleaner operation is ensured due to low oil carryover.

Grand View Research Logo

Important findings and findings:

• The 20-40 CC segment dominated the market in 2020 with a revenue share of 48.3% and is expected to continue to lead in the forecast period. The growth is due to the fact that compressors with a cooling capacity of 20-40 CC are usually installed in small and medium-sized vehicles that are widely accepted

• The passenger car segment is expected to record the highest CAGR of more than 20% in the forecast period. The growth is due to the increasing adoption of electric passenger cars for personal use, as well as by corporate, government and defense agencies

• The battery electric vehicle segment is expected to have the highest CAGR over the forecast period. The growth is due to the increasing demand for electric vehicles in connection with the further expansion of the charging infrastructure and the rapid availability of qualified technicians for servicing electric vehicles

• The Asia Pacific The regional market is expected to experience significant growth over the forecast period in line with the increasing adoption of electric vehicles across the region China and other developing countries in the Asia Pacific region

Read 110-page market research report, “Market Size, Share, and Trending Analysis of Electric HVAC Compressors for Vehicles by Cooling Capacity (Less than 20 CC, 20-40 CC, 40-60 CC), by Vehicle Type, by Powertrain, by Region, and Segment Forecasts , 2021-2028 “, from Grand View Research

The story goes on

The function of an electric compressor in an electric vehicle is much more important than that of a conventional compressor in an ICE vehicle. In an electric vehicle, the compressor is responsible for cooling the entire cabin and the battery pack. Electric compressor protects the battery from overheating and thus the vehicle from failure. Thus, an electric HVAC compressor serves as an essential component for the overall function of an electric vehicle. Rising fuel prices coupled with growing environmental awareness have fueled the introduction of electric vehicles and thus the demand for HVAC electric compressors.

However, the high acquisition and maintenance costs associated with HVAC electric compressors are expected to slow the growth of the market. HVAC electrical compressor installation requires heavy-duty electrical wiring, which increases the overall cost of the system. The repair and maintenance of electric compressors is also a complex task that requires a high level of specialist knowledge and thus increases the overall costs. In addition, the demand for electric compressors depends entirely on the demand for electric vehicles. However, the sale of electric vehicles is already facing the higher price and range fears associated with electric vehicles. Still, advances in technology, the subsequent introduction of new products, and the continued installation of electric chargers and charging stations are expected to encourage consumers to choose electric vehicles, thereby fueling demand for HVAC electric compressors over the forecast period.

Grand View Research has segmented the global automotive HVAC electric compressor market by cooling capacity, vehicle type, powertrain, and region:

• Automotive HVAC Electric Compressor Cooling Capacity Outlook (Revenue, $ Mn, 2017-2028)

• Vehicle Type Outlook for Electric HVAC Compressors for the Automotive Industry (Revenue, MILLION USD, 2017-2028)

• Drivetrain Outlook for Automotive HVAC Electric Compressors (Revenue, $ Mn, 2017-2028)

• Automotive HVAC Electric Compressor Region Outlook (Revenue, $ Mn, 2017-2028)

List of the major players in the Automotive HVAC Compressor Market

• Denso Corporation

• Hanon systems

• MAHLE GmbH

• SANDEN Holdings Corporation

• Toyota Industries Corporation

• Very Marelli Holdings Co., Ltd.

• Valeo SA

Check out more electric vehicle studies from Grand View Research:

• Electric Vehicle Market – Worldwide demand in the electric vehicle market is expected to reach $ 1,212.1 billion by 2027. From 2020 to 2027 a CAGR of 41.5% is expected.

• Off-Highway Electric Vehicle Market – The global Off-Highway Electric Vehicle market size is expected to be reached $ 17.45 billion by 2027. It is expected to grow from 2020 to 2027 at a CAGR of 21.2%.

• Electric Vehicle Batteries Market – The global Electric Vehicle Batteries market size is expected to reach $ 38.6 billion by 2025. The increasing preference for e-mobility and the associated increasing popularity of electric vehicles are likely to drive market growth.

Browse Grand View Research’s coverage of the global automotive and transportation industries.

Get access to Grand View Compass, our BI-enabled intuitive market research database with over 10,000 reports

Via Grand View Research

Grand View Research, a US-based market research and advisory firm, provides both syndicated and bespoke research reports and advisory services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants who add more than 1200 market research reports to its extensive database each year. These reports provide detailed analysis of 46 industries in 25 major countries around the world. Using an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutions understand the global and regional business environment and assess the opportunities ahead.

Contact:

Sherry James
Sales specialist for companies, United States
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Internet: https://www.grandviewresearch.com
Follow us: LinkedIn | Twitter

Cision

View original content: https://www.prnewswire.com/news-releases/automotive-electric-hvac-compressor-market-size-worth-38-31-billion-by-2028-grand-view-research-inc- 301337007 .html

SOURCE Grand View Research, Inc.

The post Automotive Electrical HVAC Compressor Market Measurement Price $38.31 Billion By 2028: Grand View Analysis, Inc. appeared first on DAILY SAN FRANCISCO BAY NEWS.

SAN FRANCISCO, July 20, 2021 / PRNewswire / – The global automotive HVAC compressor market is expected to be reached $ 38.31 billion by 2028 with a CAGR of 20.7% from 2021 to 2028, according to a study by Grand View Research, Inc. An electric compressor offers several advantages over a conventional compressor, such as: B. Lower energy consumption, compact size, controlled speed, and silent operation. In addition, unlike a conventional belt-driven compressor, an electric compressor is independent of the vehicle engine. An electric compressor gets its power from a separate electric motor, which is fed by an inverter. Such an arrangement ensures that the cooling operation of the vehicle continues even when the vehicle is switched off. As a result of this arrangement, the electric compressor also requires less power to drive, which means that vehicle performance remains unaffected and cleaner operation is ensured due to low oil carryover.

Important findings and findings:

• The 20-40 CC segment dominated the market in 2020 with a revenue share of 48.3% and is expected to continue to lead in the forecast period. The growth is due to the fact that compressors with a cooling capacity of 20-40 CC are usually installed in small and medium-sized vehicles that are widely accepted
• The passenger car segment is expected to record the highest CAGR of more than 20% in the forecast period. The growth is due to the increasing adoption of electric passenger cars for personal use, as well as by corporate, government and defense agencies
• The battery electric vehicle segment is expected to have the highest CAGR over the forecast period. The growth is due to the increasing demand for electric vehicles in connection with the further expansion of the charging infrastructure and the rapid availability of qualified technicians for servicing electric vehicles
• The Asia Pacific The regional market is expected to experience significant growth over the forecast period in line with the increasing adoption of electric vehicles across the region China and other developing countries in the Asia Pacific region

Read 110-page market research report, “Market Size, Share, and Trending Analysis of Electric HVAC Compressors for Vehicles by Cooling Capacity (Less than 20 CC, 20-40 CC, 40-60 CC), by Vehicle Type, by Powertrain, by Region, and Segment Forecasts , 2021-2028 “, from Grand View Research

The function of an electric compressor in an electric vehicle is much more important than that of a conventional compressor in an ICE vehicle. In an electric vehicle, the compressor is responsible for cooling the entire cabin and the battery pack. Electric compressor protects the battery from overheating and thus the vehicle from failure. Thus, an electric HVAC compressor serves as an essential component for the overall function of an electric vehicle. Rising fuel prices coupled with growing environmental awareness have fueled the introduction of electric vehicles and thus the demand for HVAC electric compressors.

However, the high acquisition and maintenance costs associated with HVAC electric compressors are expected to slow the growth of the market. HVAC electrical compressor installation requires heavy-duty electrical wiring, which increases the overall cost of the system. The repair and maintenance of electric compressors is also a complex task that requires a high level of specialist knowledge and thus increases the overall costs. In addition, the demand for electric compressors depends entirely on the demand for electric vehicles. However, the sale of electric vehicles is already facing the higher price and range fears associated with electric vehicles. Still, advances in technology, the subsequent introduction of new products, and the continued installation of electric chargers and charging stations are expected to encourage consumers to choose electric vehicles, thereby fueling demand for HVAC electric compressors over the forecast period.

Grand View Research has segmented the global automotive HVAC electric compressor market by cooling capacity, vehicle type, powertrain, and region:

• Automotive HVAC Electric Compressor Cooling Capacity Outlook (Revenue, $ Mn, 2017-2028)
• Less than 20 CC
• 20-40 cc
• 40-60 cc
• More than 60 CC
• Vehicle Type Outlook for Electric HVAC Compressors for the Automotive Industry (Revenue, MILLION USD, 2017-2028)
• Passenger vehicle
• Light commercial vehicles (LCV)
• Heavy Commercial Vehicles (HCV)
• Buses and coaches
• Drivetrain Outlook for Automotive HVAC Electric Compressors (Revenue, $ Mn, 2017-2028)
• Plug-in hybrid electric vehicle (PHEV)
• Battery electric vehicle (BEV)
• Hybrid electric vehicle (HEV)
• Automotive HVAC Electric Compressor Region Outlook (Revenue, $ Mn, 2017-2028)
• North America
• Europe
• United Kingdom
• Germany
• France
• the rest of Europe
• Asia Pacific
• China
• India
• Japan
• the rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• the rest of Latin America
• middle East & Africa

List of the major players in the Automotive HVAC Compressor Market

• Denso Corporation
• Hanon systems
• MAHLE GmbH
• SANDEN Holdings Corporation
• Toyota Industries Corporation
• Very Marelli Holdings Co., Ltd.
• Valeo SA

Check out more electric vehicle studies from Grand View Research:

• Electric Vehicle Market – Worldwide demand in the electric vehicle market is expected to reach $ 1,212.1 billion by 2027. From 2020 to 2027 a CAGR of 41.5% is expected.
• Off-Highway Electric Vehicle Market – The global Off-Highway Electric Vehicle market size is expected to be reached $ 17.45 billion by 2027. It is expected to grow from 2020 to 2027 at a CAGR of 21.2%.
• Electric Vehicle Batteries Market – The global Electric Vehicle Batteries market size is expected to reach $ 38.6 billion by 2025. The increasing preference for e-mobility and the associated increasing popularity of electric vehicles are likely to drive market growth.

Browse Grand View Research’s coverage of the global automotive and transportation industries.

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Via Grand View Research

Grand View Research, a US-based market research and advisory firm, provides both syndicated and bespoke research reports and advisory services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants who add more than 1200 market research reports to its extensive database each year. These reports provide detailed analysis of 46 industries in 25 major countries around the world. Using an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutions understand the global and regional business environment and assess the opportunities ahead.

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SOURCE Grand View Research, Inc.

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