Automotive Air-Conditioning Electric Compressors Market Growth Analysis 2025

The global Automotive Air-Conditioning Electric Compressors market was valued at US$ 5147.50 million in 2023 and is anticipated to reach US$ 16011.94 million by 2030, witnessing a CAGR of 16.76% during the forecast period 2024-2030.

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Automotive Air-Conditioning Electric Compressors, or AC Electric Compressors, are electrically-powered air conditioning compressors used in hybrid or electric vehicles. Unlike traditional automotive air conditioning systems, which rely on the vehicle's engine to power the compressor, electric compressors use electricity from the vehicle's battery or electrical system.

Europe market for Automotive Air-Conditioning Electric Compressors is estimated to increase from $ 721.69 million in 2023 to reach $ 2,111.08 million by 2030, at a CAGR of 15.51% during the forecast period of 2024 through 2030.

China market for Automotive Air-Conditioning Electric Compressors is estimated to increase from $ 2,552.44 million in 2023 to reach $ 10,539.12 million by 2030, at a CAGR of 20.90% during the forecast period of 2024 through 2030.

Japan market for Automotive Air-Conditioning Electric Compressors is estimated to increase from $ 1,663.08 million in 2023 to reach $ 2,857.06 million by 2030, at a CAGR of 8.00% during the forecast period of 2024 through 2030.

South Korea market for Automotive Air-Conditioning Electric Compressors is estimated to increase from $ 172.01 million in 2023 to reach $ 337.11 million by 2030, at a CAGR of 7.75% during the forecast period of 2024 through 2030.

The major global manufacturers of Automotive Air-Conditioning Electric Compressors include Toyota Industries, Hanon Systems, Aotecar, Sanden HASCO, BYD, MAHLE, Sanden, Zhongcheng New Energy, Valeo, Brose, Weiling Auto Parts (Media), Shanghai Highly, Shanghai Velle (Huayi), Xingtai Guiyou New Energy, Yuebo Auto, SONGZ, Yinhe Electronics, Shanghai Benling, Yinmao Holiding Group, Shanghai Guangyu, Sichuan TianQuan, etc. In 2023, the world's top five vendors accounted for approximately 68.09%of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Automotive Air-Conditioning Electric Compressors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Air-Conditioning Electric Compressors.

The Automotive Air-Conditioning Electric Compressors market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Air-Conditioning Electric Compressors market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Automotive Air-Conditioning Electric Compressors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company