The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Growing automobile production is likely to promote innovation in automotive AC compressor manufacturing, propelling the market over the forecast period.

The global automotive AC compressor market is expected to grow from $8.54 billion in 2022 to $8.89 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The global automotive AC compressor market size is expected to reach $10.26 billion in 2027 at a CAGR of 3.7%.

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Global Automotive AC Compressor Market Segments Include:

• By Compressor: Variable Displacement, Fixed Displacement, Electric Compressor
• By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
• By Drive Type: Electric, Conventional
• By Sales Channel: Original Equipment Manufacturer (OEM), Replacement
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global automotive AC compressor market in 2021.

Major Market Players in the automotive AC compressor market include Continental AG, Toyota Industries Corporation, Hanon Systems, Calsonic Kansei Corporation, Subros Limited, DENSO Corporation, Hella Gmbh Co KGaA, MAHLE GmbH, Keihin Co. Ltd..

Technological advancement is a major trend that is gaining traction in the automotive AC compressor market. Major players in the automotive AC compressor market are focusing their efforts on developing technologically sophisticated products in order to fulfil the changing demands of the automotive sector and remain competitive in the market. For example, Mahle, a German automobile components maker, introduced an e-compressor (electric AC compressor) based on high voltage technology in November 2022. This compressor regulates the temperature of the e-drive, which is vital for charging speed, maintenance life, and battery life. It is a noise-optimized high-voltage compressor that generates light vibrations.

The Automotive AC Compressor Global Market Report 2023  provides a automotive AC compressor market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The automotive AC compressor market forecast analyzes automotive AC compressor market size, automotive AC compressor market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

An automotive AC compressor is a mechanical device that pressurises and circulates refrigerant in a vehicle’s air conditioning system to chill the interior. It is used to change the temperature of the air inside the car from hot to cold and vice versa.

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