Automotive Scroll E Compressor Market Overview
As per MRFR analysis, the Automotive Scroll E Compressor Market Size was estimated at 18.2 (USD Billion) in 2022. The Automotive Scroll E Compressor Market Industry is expected to grow from 19.33(USD Billion) in 2023 to 33.2 (USD Billion) by 2032. The Automotive Scroll E Compressor Market CAGR (growth rate) is expected to be around 6.19% during the forecast period (2024 - 2032).
Key Automotive Scroll E Compressor Market Trends Highlighted
The automotive scroll E compressor market is experiencing several notable trends. The growing demand for energy-efficient vehicles is driving the adoption of scroll E compressors, which offer high efficiency and reduced emissions. Another trend shaping the market is the increasing popularity of electric and hybrid vehicles. These vehicles require highly efficient compressors to support their air conditioning and thermal management systems. Additionally, government regulations aimed at reducing greenhouse gas emissions are favoring the adoption of scroll E compressors as they contribute to improved fuel economy and reduced CO2 emissions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Scroll E Compressor Market Drivers
Rising Demand for Energy-Efficient Vehicles
The increasing demand for energy-efficient vehicles is a major driver of the global automotive scroll E compressor market. As consumers become more environmentally conscious, they are opting for vehicles that consume less fuel and produce fewer emissions. Scroll E compressors are more efficient than traditional compressors, which makes them an attractive option for manufacturers of electric and hybrid vehicles. In addition, government regulations around the world are becoming increasingly stringent, which is also driving demand for energy-efficient vehicles. The Global Automotive Scroll E Compressor Market Industry is expected to witness significant growth over the next few years, driven by rising demand for energy-efficient vehicles.
Growing Popularity of Electric and Hybrid Vehicles
The growing popularity of electric and hybrid vehicles is another major driver of the global automotive scroll E compressor market. Electric and hybrid vehicles use scroll E compressors to cool the battery and power electronics. As the adoption of electric and hybrid vehicles increases, so too will the demand for scroll E compressors. The Global Automotive Scroll E Compressor Market Industry is anticipated to reach a valuation of USD 19.33 Billion by 2023, exhibiting a CAGR of 6.19% during the forecast period of 2024-2032.
Technological Advancements
Technological advancements are also driving the growth of the global automotive scroll E compressor market. Scroll E compressors are becoming more efficient and reliable, which is making them more attractive to manufacturers. In addition, new technologies are being developed that will allow scroll E compressors to be used in a wider range of applications. The Global Automotive Scroll E Compressor Market Industry is projected to expand significantly over the next ten years, driven by technological advancements and increasing adoption of electric and hybrid vehicles.
Automotive Scroll E Compressor Market Segment Insights
Automotive Scroll E Compressor Market Type Insights
The Global Automotive Scroll E Compressor Market is segmented by Type into Fixed-Displacement Compressors and Variable-Displacement Compressors. The Fixed-Displacement Compressors segment held the largest market share in 2023, accounting for over 60% of the global market revenue. This is due to their lower cost and simpler design, making them the more economical choice for many applications. However, the Variable-Displacement Compressors segment is expected to grow at a faster CAGR over the forecast period, due to their improved efficiency and ability to adjust to changing cooling demands.Fixed-Displacement Compressors have a fixed displacement, which means that they compress a fixed volume of refrigerant gas per revolution. This makes them well-suited for applications where a consistent cooling capacity is required, such as in smaller vehicles or in applications where the compressor is cycled on and off frequently. Variable-Displacement Compressors, on the other hand, have a variable displacement, which means that they can adjust their displacement to match the cooling demand. This makes them more efficient than Fixed-Displacement Compressors, as they can reduce energy consumption by reducing the amount of refrigerant gas that is compressed.The Global Automotive Scroll E Compressor Market is expected to grow significantly over the forecast period, driven by the increasing demand for vehicles with air conditioning systems. The market is also expected to benefit from the growing adoption of electric vehicles, as these vehicles require more efficient cooling systems.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Scroll E Compressor Market Application Insights
The Global Automotive Scroll E Compressor Market is segmented based on application into Refrigeration, Air Conditioning, Heat Pumps, and Other Applications. Among these, the Refrigeration segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing demand for refrigeration systems in various industries, including food processing, pharmaceuticals, and retail. The Air Conditioning segment is also expected to witness significant growth over the forecast period due to the rising demand for air conditioners in residential and commercial buildings.
The Heat Pumps segment is expected to grow at a steady pace, driven by increasing awareness of energy efficiency and the adoption of heat pumps in cold climates. The Other Applications segment includes applications such as industrial cooling, process cooling, and transportation refrigeration, and is expected to experience moderate growth over the forecast period.
Automotive Scroll E Compressor Market End User Insights
The Global Automotive Scroll E Compressor Market is segmented into OEMs, Aftermarket, and Other End Users. Among these segments, the OEMs segment is expected to hold the largest market share in 2023, accounting for around 60% of the total revenue. This is primarily due to the increasing demand for new vehicles, especially in emerging markets like China and India. The Aftermarket segment is also expected to grow significantly during the forecast period, owing to the rising number of vehicle repairs and replacements. The Other End Users segment includes various industrial and commercial applications, which are expected to contribute to the overall growth of the market.
Automotive Scroll E Compressor Market Vehicle Type Insights
The Global Automotive Scroll E Compressor Market segmentation by Vehicle Type includes Passenger Cars, Commercial Vehicles, Buses, and Two Wheelers. The Passenger Cars segment held the largest market share in 2023, accounting for over 60% of the Global Automotive Scroll E Compressor Market revenue. The growth of this segment is attributed to the increasing production and sales of passenger cars worldwide. The Commercial Vehicles segment is expected to grow at a significant CAGR during the forecast period, owing to the rising demand for commercial vehicles for transportation of goods and services.The Buses segment is also expected to grow at a steady pace, driven by the increasing demand for public transportation in urban areas. The Two Wheelers segment is expected to witness moderate growth, primarily due to the increasing popularity of two-wheelers as a mode of transportation in developing countries.
Automotive Scroll E Compressor Market Regional Insights
The regional segmentation of the Global Automotive Scroll E Compressor Market showcases distinct market dynamics and growth patterns across various geographic regions. North America holds a significant market share, driven by the presence of major automotive manufacturers and the rising demand for fuel-efficient vehicles. Europe follows closely, with a growing emphasis on reducing carbon emissions and promoting electric vehicles. The APAC region is projected to witness substantial growth in the coming years, attributed to the increasing production of automobiles in countries like China and India.South America and MEA represent emerging markets with untapped potential, offering growth opportunities for market players. These regional insights are crucial for businesses to tailor their strategies and capitalize on specific market opportunities.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Automotive Scroll E Compressor Market Key Players And Competitive Insights
Major players in Automotive Scroll E Compressor Market industry are investing heavily in research and development to gain a competitive edge. The Automotive Scroll E Compressor Market industry is characterized by intense competition, with leading players such as Sanden and Hanon Systems constantly striving to improve their products and services. Partnerships and collaborations are common in the Automotive Scroll E Compressor Market as companies seek to expand their market presence and gain access to new technologies.
One of the leading players in the Automotive Scroll E Compressor Market is Sanden, which offers a wide range of products, including variable displacement compressors, fixed displacement compressors, and electric compressors. The company has a strong presence in the global market and is known for its high-quality products. Sanden is committed to innovation and has invested heavily in research and development to stay ahead of the competition. The company has also expanded its global operations through partnerships and acquisitions.
A competitor in the Automotive Scroll E Compressor Market is Hanon Systems, which provides a comprehensive range of thermal management solutions, including compressors, condensers, and evaporators. The company has a strong focus on sustainability and has developed a number of innovative technologies to reduce fuel consumption and emissions. Hanon Systems has a global presence and is a major supplier to automakers around the world. The company is committed to providing high-quality products and services and has a strong track record of innovation.
Key Companies in the Automotive Scroll E Compressor Market Include
- Johnson Controls International plc
- Sanden Holdings Corporation
- Hyundai Mobis
- Panasonic Corporation
- Mitsubishi Electric Corporation
- BorgWarner Inc.
- Delphi Technologies
- Continental AG
- Denso Corporation
- Valeo
- Robert Bosch GmbH
- Hanon Systems
- Calsonic Kansei Corporation
- Hitachi Automotive Systems, Ltd.
Automotive Scroll E Compressor Market Industry Developments
The global automotive scroll e-compressor market is projected to reach USD 33.2 billion by 2032, exhibiting a CAGR of 6.19% during the forecast period. Increasing demand for fuel-efficient vehicles, stringent emission regulations, and rising adoption of electric vehicles are driving market growth. Asia Pacific is expected to dominate the market due to the presence of major automotive manufacturers and growing demand for electric vehicles in the region. Key players in the market include Denso Corporation, Hanon Systems, Valeo, and Mitsubishi Electric Corporation. Recent developments include the launch of new high-efficiency scroll e-compressors by major manufacturers and collaborations to develop advanced technologies.
Automotive Scroll E Compressor Market Segmentation Insights
Automotive Scroll E Compressor Market Type Outlook
- Fixed-Displacement Compressors
- Variable-Displacement Compressors
Automotive Scroll E Compressor Market Application Outlook
- Refrigeration
- Air Conditioning
- Heat Pumps
- Other Applications
Automotive Scroll E Compressor Market End User Outlook
- OEMs
- Aftermarket
- Other End Users
Automotive Scroll E Compressor Market Vehicle Type Outlook
- Passenger Cars
- Commercial Vehicles
- Buses
- Two Wheelers
Automotive Scroll E Compressor Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
18.2 (USD Billion) |
| Market Size 2023 |
19.33 (USD Billion) |
| Market Size 2032 |
33.2 (USD Billion) |
| Compound Annual Growth Rate (CAGR) |
6.19% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Johnson Controls International plc, Sanden Holdings Corporation, Hyundai Mobis, Panasonic Corporation, Mitsubishi Electric Corporation, BorgWarner Inc., Delphi Technologies, Continental AG, Denso Corporation, Valeo, Robert Bosch GmbH, Hanon Systems, Calsonic Kansei Corporation, Hitachi Automotive Systems, Ltd. |
| Segments Covered |
Type, Application, End User, Vehicle Type, Regional |
| Key Market Opportunities |
Electric vehicle penetration Growing demand for fuelefficient vehicles Rising disposable income in developing countries Technological advancements Increasing adoption of AC systems in budget vehicles |
| Key Market Dynamics |
Growing electric vehicle production Increasing demand for fuel efficiency Rising preference for scroll E compressors in hybrid vehicles Technological advancements Government regulations on emissions |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Global Automotive Scroll E Compressor Market is expected to reach USD 33.2 billion by 2032, growing at a CAGR of 6.19% from 2024 to 2032.
North America is the largest market for automotive scroll E compressors, followed by Europe and APAC.
Automotive scroll E compressors are primarily used in air conditioning and refrigeration systems in passenger cars and commercial vehicles.
Major players in the global automotive scroll E compressor market include Denso, Hanon Systems, Valeo, Mitsubishi Electric, and Panasonic.
Rising demand for energy-efficient and environmentally friendly cooling systems in vehicles is a key growth driver for the automotive scroll E compressor market.
Fluctuating raw material prices and intense competition from alternative technologies pose challenges to the growth of the automotive scroll E compressor market.
Government regulations aimed at reducing vehicle emissions and improving fuel efficiency are positively impacting the demand for automotive scroll E compressors.
The adoption of electric vehicles and the integration of advanced technologies, such as variable-speed compressors, are emerging trends in the automotive scroll E compressor market.
The Global Automotive Scroll E Compressor Market is expected to grow steadily over the next decade, driven by increasing vehicle production and demand for energy-efficient cooling solutions.
Growing demand for electric vehicles and the development of new technologies, such as scroll compressors with integrated electronics, present opportunities for market growth.
