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Automotive Electric HVAC Compressor Market Analysis (2023-2032)- Opportunity Assessment, Global Trends, Regional Analysis And Major Players Till 2032 | Denso Corporation, Toyota Industries Corporation, Valeo SA, MAHLE GmbH, Robert Bosch GmbH
Automotive Electric HVAC Compressor Market
Automotive Electric HVAC Compressor Market Size, Growth Rate, And Forecast:
The global automotive electric hvac compressor market size grew from $10.98 billion in 2022 to $13.9 billion in 2023 at a compound annual growth rate (CAGR) of 26.6%. The Russia-Ukraine war 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive electric hvac compressor market size is expected to grow to $32.2 billion in 2027 at a CAGR of 23.4%.
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Automotive Electric HVAC Compressor Market Drivers:
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.
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Automotive Electric HVAC Compressor Market Segments:
By Product Type: Scroll, Screw, Swash, Wobble
By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV), Buses And Coaches
By Cooling Capacity: Less Than 20 CC, 20-40 CC, 40-60 CC, More Than 60 CC
By Drivetrain: Plug-In Hybrid Electric Vehicles (PHEV), Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV)
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Electric HVAC Compressor Market.
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Automotive Electric HVAC Compressor Market Key Players:
Major competitors in the automotive electric HVAC compressor Market include Denso Corporation, Toyota Industries Corporation, Valeo SA, MAHLE GmbH, Robert Bosch GmbH.
The Business Research Company's "Global Automotive Electric HVAC Compressor Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Automotive Electric HVAC Compressor Market Include:
1. Executive Summary
2. Automotive Electric HVAC Compressor Market Characteristics
3. Automotive Electric HVAC Compressor Market Trends And Strategies
4. Automotive Electric HVAC Compressor Market - Macro Economic Scenario
5. Automotive Electric HVAC Compressor Market Size And Growth
……
26. Africa Automotive Electric HVAC Compressor Market
27. Automotive Electric HVAC Compressor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Electric HVAC Compressor Market
29. Automotive Electric HVAC Compressor Market Future Outlook and Potential Analysis
30. Appendix
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