The Europe Automotive AC Compressor Market would witness market growth of 2.8% CAGR during the forecast period (2022-2028).
In modern automobiles, air conditioning is used frequently. In vehicles, most of the mobile air conditioning (MAC) systems employ R134a refrigerant along with engine-driven compressors. Under the F-Gas standards, these systems are categorized differently. R134a will eventually be phased out as a result, and alternative fluids with global warming potential (GWPs) under 150 are now being developed. As a replacement for HFC-134a, which is being replaced rapidly in many regions, particularly in the European Union, due to its greater global warming potential, HFO-1234yf is a modern low GWP refrigerant designed for automobile air conditioning systems.
With minor design changes, HFO-1234yf might potentially be employed in direct expansion vehicle air conditioning systems. It also has low toxicity. Significant research has already been done to support HFO-1234yf's modest flammability traits. Industry-wide risk analyses have determined that HFO-1234yf can be utilized in automotive air-conditioning systems without posing any danger. Potential implementation options are provided, and automotive OEM companies are prepared for the HFO-1234yf product installation at the manufacturing site.
Europe is home to major car manufactures. The automotive industry is essential to Europe's development. The EU is among the leading automobile producers in the world, and this sector has the biggest private investment in R&D. To boost the productivity of the EU automotive industry as well as maintain its status as a technological leader, the European Commission promotes technology standardization and provides funding for R&D. The regional governments have created strict regulations for greenhouse gas emissions and are putting HVAC systems into place. This is expected to boost product demand and fuel the expansion of the automotive AC compressor market.
The Germany market dominated the Europe Automotive AC Compressor Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $692.1 million by 2028. The UK market is anticipated to grow at a CAGR of 2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 3.6% during (2022 - 2028).
Based on Vehicle Type, the market is segmented into Passenger Cars, Heavy Commercial Vehicles and Light Commercial Vehicles. Based on Compressor Type, the market is segmented into Variable Displacement, Fixed Displacement and Electric Compressor. Based on Drive Type, the market is segmented into Conventional and Electric. Based on Sales Channel, the market is segmented into OEM and Aftermarket. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Automotive AC Compressor Market will Hit $10.1 Billion by 2028, at a CAGR of 3.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Continental AG, Hanon SYSTEMS (Hahn & Co. Auto Holdings Co., Ltd.), Toyota Industries Corporation, Mitsubishi Heavy Industries Ltd., Subros Ltd, Mahle GmbH (Mahle Stiftung GmbH), Denso Corporation, Sanden Corporation (Hisense Home Appliances Group Co., Ltd), Valeo SA, and BorgWarner Inc.
Scope of the Study
Market Segments Covered in the Report:
By Vehicle Type
- Passenger Cars
- Heavy Commercial Vehicles
- Light Commercial Vehicles
By Compressor Type
- Variable Displacement
- Fixed Displacement
- Electric Compressor
By Drive Type
By Sales Channel
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Continental AG
- Hanon SYSTEMS (Hahn & Co. Auto Holdings Co., Ltd.)
- Toyota Industries Corporation
- Mitsubishi Heavy Industries Ltd.
- Subros Ltd
- Mahle GmbH (Mahle Stiftung GmbH)
- Denso Corporation
- Sanden Corporation (Hisense Home Appliances Group Co., Ltd)
- Valeo SA
- BorgWarner Inc.
TABLE 1 Europe Automotive AC Compressor Market, 2018 - 2021, USD Million
TABLE 2 Europe Automotive AC Compressor Market, 2022 - 2028, USD Million
TABLE 3 Europe Automotive AC Compressor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 4 Europe Automotive AC Compressor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 5 Europe Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Heavy Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Heavy Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Light Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Light Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Automotive AC Compressor Market by Compressor Type, 2018 - 2021, USD Million
TABLE 12 Europe Automotive AC Compressor Market by Compressor Type, 2022 - 2028, USD Million
TABLE 13 Europe Variable Displacement Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Variable Displacement Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Fixed Displacement Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Fixed Displacement Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Electric Compressor Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Electric Compressor Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Automotive AC Compressor Market by Drive Type, 2018 - 2021, USD Million
TABLE 20 Europe Automotive AC Compressor Market by Drive Type, 2022 - 2028, USD Million
TABLE 21 Europe Conventional Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Conventional Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Electric Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Electric Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Automotive AC Compressor Market by Sales Channel, 2018 - 2021, USD Million
TABLE 26 Europe Automotive AC Compressor Market by Sales Channel, 2022 - 2028, USD Million
TABLE 27 Europe OEM Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe OEM Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Aftermarket Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Aftermarket Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Automotive AC Compressor Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Automotive AC Compressor Market by Country, 2022 - 2028, USD Million
TABLE 33 Germany Automotive AC Compressor Market, 2018 - 2021, USD Million
TABLE 34 Germany Automotive AC Compressor Market, 2022 - 2028, USD Million
TABLE 35 Germany Automotive AC Compressor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 36 Germany Automotive AC Compressor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 37 Germany Automotive AC Compressor Market by Compressor Type, 2018 - 2021, USD Million
TABLE 38 Germany Automotive AC Compressor Market by Compressor Type, 2022 - 2028, USD Million
TABLE 39 Germany Automotive AC Compressor Market by Drive Type, 2018 - 2021, USD Million
TABLE 40 Germany Automotive AC Compressor Market by Drive Type, 2022 - 2028, USD Million
TABLE 41 Germany Automotive AC Compressor Market by Sales Channel, 2018 - 2021, USD Million
TABLE 42 Germany Automotive AC Compressor Market by Sales Channel, 2022 - 2028, USD Million
TABLE 43 UK Automotive AC Compressor Market, 2018 - 2021, USD Million
TABLE 44 UK Automotive AC Compressor Market, 2022 - 2028, USD Million
TABLE 45 UK Automotive AC Compressor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 46 UK Automotive AC Compressor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 47 UK Automotive AC Compressor Market by Compressor Type, 2018 - 2021, USD Million
TABLE 48 UK Automotive AC Compressor Market by Compressor Type, 2022 - 2028, USD Million
TABLE 49 UK Automotive AC Compressor Market by Drive Type, 2018 - 2021, USD Million
TABLE 50 UK Automotive AC Compressor Market by Drive Type, 2022 - 2028, USD Million
TABLE 51 UK Automotive AC Compressor Market by Sales Channel, 2018 - 2021, USD Million
TABLE 52 UK Automotive AC Compressor Market by Sales Channel, 2022 - 2028, USD Million
TABLE 53 France Automotive AC Compressor Market, 2018 - 2021, USD Million
TABLE 54 France Automotive AC Compressor Market, 2022 - 2028, USD Million
TABLE 55 France Automotive AC Compressor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 56 France Automotive AC Compressor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 57 France Automotive AC Compressor Market by Compressor Type, 2018 - 2021, USD Million
TABLE 58 France Automotive AC Compressor Market by Compressor Type, 2022 - 2028, USD Million
TABLE 59 France Automotive AC Compressor Market by Drive Type, 2018 - 2021, USD Million
TABLE 60 France Automotive AC Compressor Market by Drive Type, 2022 - 2028, USD Million
TABLE 61 France Automotive AC Compressor Market by Sales Channel, 2018 - 2021, USD Million
TABLE 62 France Automotive AC Compressor Market by Sales Channel, 2022 - 2028, USD Million
TABLE 63 Russia Automotive AC Compressor Market, 2018 - 2021, USD Million
TABLE 64 Russia Automotive AC Compressor Market, 2022 - 2028, USD Million
TABLE 65 Russia Automotive AC Compressor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 66 Russia Automotive AC Compressor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 67 Russia Automotive AC Compressor Market by Compressor Type, 2018 - 2021, USD Million
TABLE 68 Russia Automotive AC Compressor Market by Compressor Type, 2022 - 2028, USD Million
TABLE 69 Russia Automotive AC Compressor Market by Drive Type, 2018 - 2021, USD Million
TABLE 70 Russia Automotive AC Compressor Market by Drive Type, 2022 - 2028, USD Million
TABLE 71 Russia Automotive AC Compressor Market by Sales Channel, 2018 - 2021, USD Million
TABLE 72 Russia Automotive AC Compressor Market by Sales Channel, 2022 - 2028, USD Million
TABLE 73 Spain Automotive AC Compressor Market, 2018 - 2021, USD Million
TABLE 74 Spain Automotive AC Compressor Market, 2022 - 2028, USD Million
TABLE 75 Spain Automotive AC Compressor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 76 Spain Automotive AC Compressor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 77 Spain Automotive AC Compressor Market by Compressor Type, 2018 - 2021, USD Million
TABLE 78 Spain Automotive AC Compressor Market by Compressor Type, 2022 - 2028, USD Million
TABLE 79 Spain Automotive AC Compressor Market by Drive Type, 2018 - 2021, USD Million
TABLE 80 Spain Automotive AC Compressor Market by Drive Type, 2022 - 2028, USD Million
TABLE 81 Spain Automotive AC Compressor Market by Sales Channel, 2018 - 2021, USD Million
TABLE 82 Spain Automotive AC Compressor Market by Sales Channel, 2022 - 2028, USD Million
TABLE 83 Italy Automotive AC Compressor Market, 2018 - 2021, USD Million
TABLE 84 Italy Automotive AC Compressor Market, 2022 - 2028, USD Million
TABLE 85 Italy Automotive AC Compressor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 86 Italy Automotive AC Compressor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 87 Italy Automotive AC Compressor Market by Compressor Type, 2018 - 2021, USD Million
TABLE 88 Italy Automotive AC Compressor Market by Compressor Type, 2022 - 2028, USD Million
TABLE 89 Italy Automotive AC Compressor Market by Drive Type, 2018 - 2021, USD Million
TABLE 90 Italy Automotive AC Compressor Market by Drive Type, 2022 - 2028, USD Million
TABLE 91 Italy Automotive AC Compressor Market by Sales Channel, 2018 - 2021, USD Million
TABLE 92 Italy Automotive AC Compressor Market by Sales Channel, 2022 - 2028, USD Million
TABLE 93 Rest of Europe Automotive AC Compressor Market, 2018 - 2021, USD Million
TABLE 94 Rest of Europe Automotive AC Compressor Market, 2022 - 2028, USD Million
TABLE 95 Rest of Europe Automotive AC Compressor Market by Vehicle Type, 2018 - 2021, USD Million
TABLE 96 Rest of Europe Automotive AC Compressor Market by Vehicle Type, 2022 - 2028, USD Million
TABLE 97 Rest of Europe Automotive AC Compressor Market by Compressor Type, 2018 - 2021, USD Million
TABLE 98 Rest of Europe Automotive AC Compressor Market by Compressor Type, 2022 - 2028, USD Million
TABLE 99 Rest of Europe Automotive AC Compressor Market by Drive Type, 2018 - 2021, USD Million
TABLE 100 Rest of Europe Automotive AC Compressor Market by Drive Type, 2022 - 2028, USD Million
TABLE 101 Rest of Europe Automotive AC Compressor Market by Sales Channel, 2018 - 2021, USD Million
TABLE 102 Rest of Europe Automotive AC Compressor Market by Sales Channel, 2022 - 2028, USD Million
TABLE 103 Key Information – Continental AG
TABLE 104 Key Information – Hanon Systems
TABLE 105 Key Information – Toyota Industries Corporation
TABLE 106 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 107 Key Information – Subros ltd
TABLE 108 Key information – Mahle GmbH
TABLE 109 key information – Denso Corporation
TABLE 110 Key Information – Sanden corporation
TABLE 111 key information – Valeo SA
TABLE 112 Key Information – BorgWarner Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Continental AG
FIG 3 Recent strategies and developments: Hanon SYSTEMS