The Latin America, Middle East and Africa Automotive Electric HVAC Compressor Market would witness market growth of 20.6% CAGR during the forecast period (2021-2027).
An electric compressor obtains power from an independent motor, which draws power from an inverter. Such procedure makes certain that there is a continuation of the cooling operation of the vehicle even when the vehicle is switched off. The electric compressor also needs a low amount of power to drive due to this arrangement, hence least affecting the vehicle performance and facilitating the cleaner operations because of the low oil carryover.
There are many advantages provided by an electric compressor as compared to the traditional compressor. Advantages like controlled revolution speed, lower consumption of energy, compact size, and noise-free operations make electric compressors highly popular across the automotive industry. In addition to it, an electric compressor is separated from the engine of the vehicle which is quite different from a traditional compressor that is belt-driven.
Electric vehicles have been launched in the market so as to manage the problem of vehicle emission. For electric vehicles, an electric AC compressor is utilized. An electric AC compressor is installed in high-end vehicles. The growing standard of living and buying power of the customers has boosted the demand for premium vehicles. Moreover, demand for zero-emission vehicles is boosting with an aim to address the issue of a deteriorating environment. In addition, the growing trend of electrification of vehicles would boost the electric segment of the regional market. These aspects are likely to accelerate the regional automotive electric HVAC compressor market during the forecast period.
The Passenger Vehicle market dominated the Brazil Automotive Electric HVAC Compressor Market by Vehicle Type 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $153.2 million by 2027. The Light Commercial Vehicle (LCV) market is estimated to witness a CAGR of 18.6% during (2021 - 2027). Additionally, The Heavy Commercial Vehicle (HCV) market is expected to witness a CAGR of 19.9% during (2021 - 2027).
Based on Vehicle Type, the market is segmented into Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV) and Others. Based on Drivetrain, the market is segmented into Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicles (PHEV) and Battery Electric Vehicles (BEV). Based on Cooling Capacity, the market is segmented into 20-40 CC, Less Than 20 CC, 40-60 CC and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Automotive Electric HVAC Compressor Market is Predict to reach $30.4 Billion by 2027, at a CAGR of 19.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Denso Corporation, Toyota Industries Corporation, Valeo SA, Aptiv PLC, Panasonic Corporation, Brose Fahrzeugteile SE & Co. KG, BorgWarner, Inc., Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.), Mahle GmbH (Mahle Stiftung GmbH), and Sanden Holdings Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Vehicle Type
- Passenger Vehicle
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
- Others
By Drivetrain
- Hybrid Electric Vehicles (HEV)
- Plug-in Hybrid Electric Vehicles (PHEV)
- Battery Electric Vehicles (BEV)
By Cooling Capacity
- 20-40 CC
- Less Than 20 CC
- 40-60 CC
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Denso Corporation
- Toyota Industries Corporation
- Valeo SA
- Aptiv PLC
- Panasonic Corporation
- Brose Fahrzeugteile SE & Co. KG
- BorgWarner, Inc.
- Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.)
- Mahle GmbH (Mahle Stiftung GmbH)
- Sanden Holdings Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Automotive Electric HVAC Compressor Market, by Vehicle Type
1.4.2 LAMEA Automotive Electric HVAC Compressor Market, by Drivetrain
1.4.3 LAMEA Automotive Electric HVAC Compressor Market, by Cooling Capacity
1.4.4 LAMEA Automotive Electric HVAC Compressor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Automotive Electric HVAC Compressor Market by Vehicle Type
3.1 LAMEA Passenger Vehicle Automotive Electric HVAC Compressor Market by Country
3.2 LAMEA Light Commercial Vehicle (LCV) Automotive Electric HVAC Compressor Market by Country
3.3 LAMEA Heavy Commercial Vehicle (HCV) Automotive Electric HVAC Compressor Market by Country
3.4 LAMEA Other Vehicle Type Automotive Electric HVAC Compressor Market by Country
Chapter 4. LAMEA Automotive Electric HVAC Compressor Market by Drivetrain
4.1 LAMEA Automotive Electric HVAC Compressor Hybrid Electric Vehicles (HEV) Market by Country
4.2 LAMEA Automotive Electric HVAC Compressor Plug-in Hybrid Electric Vehicles (PHEV) Market by Country
4.3 LAMEA Automotive Electric HVAC Compressor Battery Electric Vehicles (BEV) Market by Country
Chapter 5. LAMEA Automotive Electric HVAC Compressor Market by Cooling Capacity
5.1 LAMEA 20-40 CC Automotive Electric HVAC Compressor Market by Country
5.2 LAMEA Less Than 20 CC Automotive Electric HVAC Compressor Market by Country
5.3 LAMEA 40-60 CC Automotive Electric HVAC Compressor Market by Country
5.4 LAMEA Others Automotive Electric HVAC Compressor Market by Country
Chapter 6. LAMEA Automotive Electric HVAC Compressor Market by Country
6.1 Brazil Automotive Electric HVAC Compressor Market
6.1.1 Brazil Automotive Electric HVAC Compressor Market by Vehicle Type
6.1.2 Brazil Automotive Electric HVAC Compressor Market by Drivetrain
6.1.3 Brazil Automotive Electric HVAC Compressor Market by Cooling Capacity
6.2 Argentina Automotive Electric HVAC Compressor Market
6.2.1 Argentina Automotive Electric HVAC Compressor Market by Vehicle Type
6.2.2 Argentina Automotive Electric HVAC Compressor Market by Drivetrain
6.2.3 Argentina Automotive Electric HVAC Compressor Market by Cooling Capacity
6.3 UAE Automotive Electric HVAC Compressor Market
6.3.1 UAE Automotive Electric HVAC Compressor Market by Vehicle Type
6.3.2 UAE Automotive Electric HVAC Compressor Market by Drivetrain
6.3.3 UAE Automotive Electric HVAC Compressor Market by Cooling Capacity
6.4 Saudi Arabia Automotive Electric HVAC Compressor Market
6.4.1 Saudi Arabia Automotive Electric HVAC Compressor Market by Vehicle Type
6.4.2 Saudi Arabia Automotive Electric HVAC Compressor Market by Drivetrain
6.4.3 Saudi Arabia Automotive Electric HVAC Compressor Market by Cooling Capacity
6.5 South Africa Automotive Electric HVAC Compressor Market
6.5.1 South Africa Automotive Electric HVAC Compressor Market by Vehicle Type
6.5.2 South Africa Automotive Electric HVAC Compressor Market by Drivetrain
6.5.3 South Africa Automotive Electric HVAC Compressor Market by Cooling Capacity
6.6 Nigeria Automotive Electric HVAC Compressor Market
6.6.1 Nigeria Automotive Electric HVAC Compressor Market by Vehicle Type
6.6.2 Nigeria Automotive Electric HVAC Compressor Market by Drivetrain
6.6.3 Nigeria Automotive Electric HVAC Compressor Market by Cooling Capacity
6.7 Rest of LAMEA Automotive Electric HVAC Compressor Market
6.7.1 Rest of LAMEA Automotive Electric HVAC Compressor Market by Vehicle Type
6.7.2 Rest of LAMEA Automotive Electric HVAC Compressor Market by Drivetrain
6.7.3 Rest of LAMEA Automotive Electric HVAC Compressor Market by Cooling Capacity
Chapter 7. Company Profiles
7.1 Denso Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.1 Research & Development Expense
7.1.2 Recent strategies and developments:
7.1.2.1 Product Launches and Product Expansions:
7.2 Toyota Industries Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Partnerships, Collaborations, and Agreements:
7.2.5 SWOT Analysis
7.3 Valeo SA
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Product Launches and Product Expansions:
7.3.6 Swot Analysis
7.4 Aptiv PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 Panasonic Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 SWOT Analysis
7.6 Brose Fahrzeugteile SE & Co. KG
7.6.1 Company Overview
7.7 BorgWarner, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional & Segmental Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Geographical Expansions:
7.9 Mahle GmbH (Mahle Stiftung GmbH)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Geographical Expansions:
7.10. Sanden Holdings Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Recent strategies and developments:
7.10.3.1 Geographical Expansions:
7.10.3.2 Partnerships, Collaborations, and Agreements:
TABLE 1 LAMEA Automotive Electric HVAC Compressor Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Automotive Electric HVAC Compressor Market, 2021 - 2027, USD Million
TABLE 3 LAMEA Automotive Electric HVAC Compressor Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 4 LAMEA Automotive Electric HVAC Compressor Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 5 LAMEA Passenger Vehicle Automotive Electric HVAC Compressor Market by Country, 2017 - 2020, USD Million
TABLE 6 LAMEA Passenger Vehicle Automotive Electric HVAC Compressor Market by Country, 2021 - 2027, USD Million
TABLE 7 LAMEA Light Commercial Vehicle (LCV) Automotive Electric HVAC Compressor Market by Country, 2017 - 2020, USD Million
TABLE 8 LAMEA Light Commercial Vehicle (LCV) Automotive Electric HVAC Compressor Market by Country, 2021 - 2027, USD Million
TABLE 9 LAMEA Heavy Commercial Vehicle (HCV) Automotive Electric HVAC Compressor Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Heavy Commercial Vehicle (HCV) Automotive Electric HVAC Compressor Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Other Vehicle Type Automotive Electric HVAC Compressor Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Other Vehicle Type Automotive Electric HVAC Compressor Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Automotive Electric HVAC Compressor Market by Drivetrain, 2017 - 2020, USD Million
TABLE 14 LAMEA Automotive Electric HVAC Compressor Market by Drivetrain, 2021 - 2027, USD Million
TABLE 15 LAMEA Automotive Electric HVAC Compressor Hybrid Electric Vehicles (HEV) Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Automotive Electric HVAC Compressor Hybrid Electric Vehicles (HEV) Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Automotive Electric HVAC Compressor Plug-in Hybrid Electric Vehicles (PHEV) Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Automotive Electric HVAC Compressor Plug-in Hybrid Electric Vehicles (PHEV) Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Automotive Electric HVAC Compressor Battery Electric Vehicles (BEV) Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Automotive Electric HVAC Compressor Battery Electric Vehicles (BEV) Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Automotive Electric HVAC Compressor Market by Cooling Capacity, 2017 - 2020, USD Million
TABLE 22 LAMEA Automotive Electric HVAC Compressor Market by Cooling Capacity, 2021 - 2027, USD Million
TABLE 23 LAMEA 20-40 CC Automotive Electric HVAC Compressor Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA 20-40 CC Automotive Electric HVAC Compressor Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Less Than 20 CC Automotive Electric HVAC Compressor Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Less Than 20 CC Automotive Electric HVAC Compressor Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA 40-60 CC Automotive Electric HVAC Compressor Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA 40-60 CC Automotive Electric HVAC Compressor Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Others Automotive Electric HVAC Compressor Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Others Automotive Electric HVAC Compressor Market by Country, 2021 - 2027, USD Million
TABLE 31 LAMEA Automotive Electric HVAC Compressor Market by Country, 2017 - 2020, USD Million
TABLE 32 LAMEA Automotive Electric HVAC Compressor Market by Country, 2021 - 2027, USD Million
TABLE 33 Brazil Automotive Electric HVAC Compressor Market, 2017 - 2020, USD Million
TABLE 34 Brazil Automotive Electric HVAC Compressor Market, 2021 - 2027, USD Million
TABLE 35 Brazil Automotive Electric HVAC Compressor Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 36 Brazil Automotive Electric HVAC Compressor Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 37 Brazil Automotive Electric HVAC Compressor Market by Drivetrain, 2017 - 2020, USD Million
TABLE 38 Brazil Automotive Electric HVAC Compressor Market by Drivetrain, 2021 - 2027, USD Million
TABLE 39 Brazil Automotive Electric HVAC Compressor Market by Cooling Capacity, 2017 - 2020, USD Million
TABLE 40 Brazil Automotive Electric HVAC Compressor Market by Cooling Capacity, 2021 - 2027, USD Million
TABLE 41 Argentina Automotive Electric HVAC Compressor Market, 2017 - 2020, USD Million
TABLE 42 Argentina Automotive Electric HVAC Compressor Market, 2021 - 2027, USD Million
TABLE 43 Argentina Automotive Electric HVAC Compressor Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 44 Argentina Automotive Electric HVAC Compressor Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 45 Argentina Automotive Electric HVAC Compressor Market by Drivetrain, 2017 - 2020, USD Million
TABLE 46 Argentina Automotive Electric HVAC Compressor Market by Drivetrain, 2021 - 2027, USD Million
TABLE 47 Argentina Automotive Electric HVAC Compressor Market by Cooling Capacity, 2017 - 2020, USD Million
TABLE 48 Argentina Automotive Electric HVAC Compressor Market by Cooling Capacity, 2021 - 2027, USD Million
TABLE 49 UAE Automotive Electric HVAC Compressor Market, 2017 - 2020, USD Million
TABLE 50 UAE Automotive Electric HVAC Compressor Market, 2021 - 2027, USD Million
TABLE 51 UAE Automotive Electric HVAC Compressor Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 52 UAE Automotive Electric HVAC Compressor Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 53 UAE Automotive Electric HVAC Compressor Market by Drivetrain, 2017 - 2020, USD Million
TABLE 54 UAE Automotive Electric HVAC Compressor Market by Drivetrain, 2021 - 2027, USD Million
TABLE 55 UAE Automotive Electric HVAC Compressor Market by Cooling Capacity, 2017 - 2020, USD Million
TABLE 56 UAE Automotive Electric HVAC Compressor Market by Cooling Capacity, 2021 - 2027, USD Million
TABLE 57 Saudi Arabia Automotive Electric HVAC Compressor Market, 2017 - 2020, USD Million
TABLE 58 Saudi Arabia Automotive Electric HVAC Compressor Market, 2021 - 2027, USD Million
TABLE 59 Saudi Arabia Automotive Electric HVAC Compressor Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 60 Saudi Arabia Automotive Electric HVAC Compressor Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 61 Saudi Arabia Automotive Electric HVAC Compressor Market by Drivetrain, 2017 - 2020, USD Million
TABLE 62 Saudi Arabia Automotive Electric HVAC Compressor Market by Drivetrain, 2021 - 2027, USD Million
TABLE 63 Saudi Arabia Automotive Electric HVAC Compressor Market by Cooling Capacity, 2017 - 2020, USD Million
TABLE 64 Saudi Arabia Automotive Electric HVAC Compressor Market by Cooling Capacity, 2021 - 2027, USD Million
TABLE 65 South Africa Automotive Electric HVAC Compressor Market, 2017 - 2020, USD Million
TABLE 66 South Africa Automotive Electric HVAC Compressor Market, 2021 - 2027, USD Million
TABLE 67 South Africa Automotive Electric HVAC Compressor Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 68 South Africa Automotive Electric HVAC Compressor Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 69 South Africa Automotive Electric HVAC Compressor Market by Drivetrain, 2017 - 2020, USD Million
TABLE 70 South Africa Automotive Electric HVAC Compressor Market by Drivetrain, 2021 - 2027, USD Million
TABLE 71 South Africa Automotive Electric HVAC Compressor Market by Cooling Capacity, 2017 - 2020, USD Million
TABLE 72 South Africa Automotive Electric HVAC Compressor Market by Cooling Capacity, 2021 - 2027, USD Million
TABLE 73 Nigeria Automotive Electric HVAC Compressor Market, 2017 - 2020, USD Million
TABLE 74 Nigeria Automotive Electric HVAC Compressor Market, 2021 - 2027, USD Million
TABLE 75 Nigeria Automotive Electric HVAC Compressor Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 76 Nigeria Automotive Electric HVAC Compressor Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 77 Nigeria Automotive Electric HVAC Compressor Market by Drivetrain, 2017 - 2020, USD Million
TABLE 78 Nigeria Automotive Electric HVAC Compressor Market by Drivetrain, 2021 - 2027, USD Million
TABLE 79 Nigeria Automotive Electric HVAC Compressor Market by Cooling Capacity, 2017 - 2020, USD Million
TABLE 80 Nigeria Automotive Electric HVAC Compressor Market by Cooling Capacity, 2021 - 2027, USD Million
TABLE 81 Rest of LAMEA Automotive Electric HVAC Compressor Market, 2017 - 2020, USD Million
TABLE 82 Rest of LAMEA Automotive Electric HVAC Compressor Market, 2021 - 2027, USD Million
TABLE 83 Rest of LAMEA Automotive Electric HVAC Compressor Market by Vehicle Type, 2017 - 2020, USD Million
TABLE 84 Rest of LAMEA Automotive Electric HVAC Compressor Market by Vehicle Type, 2021 - 2027, USD Million
TABLE 85 Rest of LAMEA Automotive Electric HVAC Compressor Market by Drivetrain, 2017 - 2020, USD Million
TABLE 86 Rest of LAMEA Automotive Electric HVAC Compressor Market by Drivetrain, 2021 - 2027, USD Million
TABLE 87 Rest of LAMEA Automotive Electric HVAC Compressor Market by Cooling Capacity, 2017 - 2020, USD Million
TABLE 88 Rest of LAMEA Automotive Electric HVAC Compressor Market by Cooling Capacity, 2021 - 2027, USD Million
TABLE 89 key information – Denso Corporation
TABLE 90 Key Information – Toyota Industries Corporation
TABLE 91 key information – Valeo SA
TABLE 92 Key Information – Aptiv PLC
TABLE 93 Key Information – Panasonic Corporation
TABLE 94 Key information – Brose Fahrzeugteile SE & Co. KG
TABLE 95 Key Information – BorgWarner, Inc.
TABLE 96 Key information – Hanon Systems
TABLE 97 Key information – Mahle GmbH
TABLE 98 Key information – Sanden holdings corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: Toyota Industries Corporation
FIG 3 SWOT Analysis: Valeo SA
FIG 4 SWOT Analysis: Panasonic Corporation
FIG 5 Recent strategies and developments: Hanon Systems
FIG 6 Recent strategies and developments: Sanden Holdings Corporation