Global Automotive Air Conditioning Compressor Market – Recent Study Including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts 2018 to 2025

The belt-driven pump fastened to the engine, responsible for transferring and compressing the refrigerant gas is the compressor, otherwise known as the heart of the system. Cabin space in automobiles is turning out to be more aesthetic, sophisticated, advanced, and comfort-focused. Air conditioning systems have evolved from comfort feature to necessary feature nowadays. Mounting vehicle production, fleet on road, in addition, to increasing installation of comfort features in the economic segment like cars, is seen currently. This increase leads to the demand of automotive air conditioning compressors in the market. The rise in growth of the market is anticipated with more organizations opting for automotive air conditioning compressors in the coming future.

The emerging use of different refrigerants to replace the more usual R134a, multi-zone air conditioning systems and the use of physiologically controlled air conditioning are observed nowadays. The long-term prospects for R134a are not very good, due to its greenhouse effect. The most excellent contender to substitute R134a as a refrigerant in automobile air conditioning is carbon dioxide. Presently, the abundance of completely automatic air conditioning equipment used in automobiles regulates themselves on the basis of temperature measurements in the area near the driver. Increasing car ownership all over the world is driving the global automotive AC compressor market. Ultimately, the budding necessity of consumers related to comfort in the vehicle is creating the demand for automotive air conditioning for automotive AC compressors.

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High prices of luxury vehicles, maintenance issues, and several technical limitations are anticipated to affect the rapid growth of global automotive AC compressor market over the forecast period. The market players in this market hold the significant opportunity for the launch of the new compact as well as efficient AC compressor at competitive prices. The market is predicted to register a considerable growth over the forecast period, owing to the technological advancements to provide superior products at low price. Moreover, rising implementation of AC systems in automobiles air conditioning systems have turn out to be an essential feature in buses and passenger cars nowadays. Several automakers are making efforts to create these systems economical along with small budget without compromising of overall vehicle performance. The automotive AC compressor is considered as the principal part of overall air conditioning system which plays a significant role in the efficient performance. It maintains compulsory flow and pressure of the refrigerant in the system to enable heat rejection from the confined space.

Regional Analysis:
The global automotive air conditioning compressor market is divided into various regions covering North America, Europe, Asia Pacific, and LAMEA. Asia-Pacific is one of the growing regions that have been showing remarkable growth in the market, owing to the factors covering increasing individual's purchasing power in addition to the establishments of the automotive industry in this region caused by the availability of resources at a low cost. Both the regions like Eastern Europe and Western Europe are also considered as the prominent markets for automotive AC compressor as they are finely covered with several auto industries. Japan also has a considerable base of automotive industries, which is anticipated to generate a demand for automotive AC compressors.

Key Players:
ZHEJIANG SANTIAN A/C COMPRESSOR CO., LTD
SANDEN HOLDINGS CORPORATION
OMEGA Environmental Technologies
Yantai Shougang TD Automotive Compressor Co., Ltd.
HELLA KGaAHueck& Co
Michigan Automotive Compressor Inc.
Calsonic Kansei Corporation
Denso Corporation
TD Automotive Compressor Georgia, LLC.
Dunair Smiths Manufacturing PTY Ltd. and others
Business Intelligence:
Along with DENSO Corporation, Toyota Industries Corporation have established a new company, named Yantai Shougang TD Automotive Compressor Co., Ltd. in Yantai City.

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Moreover, in June 2014, DENSO Corporation has acquired 34 percent stake of Hefei Dyne Auto Air Conditioner Co., Ltd. that manufactures the compressors in China. It might assist to give a rise in an automotive aftermarket compressor business worldwide.

Automotive air conditioning compressor market segmentation:
By Applications:
Passenger Cars
Heavy Commercial Vehicle
Light Commercial Vehicle

By Product Type:
Scroll Type Compressor
Rotary Vane Compressor
Swash Plate Compressor

By Region:
North America
U.S
Canada
Mexico
Europe
U.K
Germany
France
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
LAMEA
Brazil
UAE
Saudi Africa
South Africa
Rest of LAMEA

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