Global Automotive E-compressor Market is valued approximately at USD 1,730.7 million in 2023 and is anticipated to grow with a healthy growth rate of more than 11.30% over the forecast period 2024-2032. Automobile E-compressors are components in modern automobile systems that improve engine performance and efficiency, especially in vehicles with turbocharged or supercharged engines. This compressor works independently and helps to avoid turbo lag, which is the delay in power delivery that occurs with standard turbocharged engines. Furthermore, rising focus on sustainable transport solutions are gaining attention towards Global Automotive E-compressor Market. E-compressors enable automakers to design vehicles with smaller, more efficient combustion engines that produce fewer emissions while still delivering adequate performance.
Global Automotive E-compressor Market is driven by rising number of hybrid electric vehicles and increase in demand for fuel-efficient vehicles globally. Hybrid electric vehicles utilize both an internal combustion engine and an electric motor for propulsion. E-compressors play a crucial role in HEVs by providing immediate boost pressure to the engine when needed, thereby improving overall vehicle efficiency and performance. In addition, automakers are increasingly downsizing engines to improve fuel efficiency without compromising performance. Smaller engines consume less fuel but may lack the power required for certain driving conditions. E-compressors address this challenge by providing immediate boost pressure, allowing downsized engines to deliver the performance of larger engines when needed, while still maintaining fuel efficiency. However, high cost of automotive e-compressor and risk of failure is going to impede the overall demand for the market during the forecast period 2024-2032.
The key regions considered for the Global Automotive E-compressor market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Asia Pacific was the largest regional market in terms of revenue owing to factors such as increasing demand of hybrid vehicles across the region. E-compressors play a vital role in hybrid powertrains by providing immediate boost pressure to enhance the performance of smaller, downsized engines, thus compensating for any power deficits during acceleration or high-load conditions. Furthermore, the market in North America, on the other hand, is expected to grow at the fastest rate over the forecast period.
Major market player included in this report are:
- Denso Corporation
- Hanon Systems Co., Ltd
- Valeo SA
- Mahle GmbH
- Sanden Holdings Corporation
- Mitsubishi Heavy Industries, Ltd
- Hitachi Automotive Systems, Ltd
- LG Electronics Inc
- Panasonic Holdings Corporation
- Marelli Holdings Co., Ltd
The detailed segments and sub-segment of the market are explained below:
by Type
- Pressure Decay Testing
- Helium Sniff Testing
by End-use
- Automotive & Transportation
- Medical & Pharmaceutical
- Packaging
- Industrial
- Aerospace and Defence
- Power and Energy
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- RoMEA
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Automotive E-compressor Market Definition and Research Assumptions
- 1.1. Research Objective
- 1.2. Market Definition
- 1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
- 1.3.3.1. Availability
- 1.3.3.2. Infrastructure
- 1.3.3.3. Regulatory Environment
- 1.3.3.4. Market Competition
- 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
- 1.3.4.1. Regulatory frameworks
- 1.3.4.2. Technological Advancements
- 1.3.4.3. Environmental Considerations
- 1.3.4.4. Consumer Awareness & Acceptance
- 1.4. Estimation Methodology
- 1.5. Years Considered for the Study
- 1.6. Currency Conversion Rates
Chapter 2. Executive Summary
- 2.1. Global Automotive E-compressor Market Size & Forecast (2022- 2032)
- 2.2. Regional Summary
- 2.3. Segmental Summary
- 2.3.1. By Type
- 2.3.2. By End-use
- 2.4. Key Trends
- 2.5. Recession Impact
- 2.6. Analyst Recommendation & Conclusion
Chapter 3. Global Automotive E-compressor Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Challenges
- 3.3. Market Opportunities
Chapter 4. Global Automotive E-compressor Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive E-compressor Market Size & Forecasts by Type 2022-2032
- 5.1. Pressure Decay Testing
- 5.2. Helium Sniff Testing
Chapter 6. Global Automotive E-compressor Market Size & Forecasts by End-use 2022-2032
- 6.1. Automotive & Transportation
- 6.2. Medical & Pharmaceutical
- 6.3. Packaging
- 6.4. Industrial
- 6.5. Aerospace and Defence
- 6.6. Power and Energy
Chapter 7. Global Automotive E-compressor Market Size & Forecasts by Region 2022-2032
- 7.1. North America Automotive E-compressor Market
- 7.1.1. U.S. Automotive E-compressor Market
- 7.1.1.1. Type breakdown size & forecasts, 2022-2032
- 7.1.1.2. End-use breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Automotive E-compressor Market
- 7.2. Europe Automotive E-compressor Market
- 7.2.1. U.K. Automotive E-compressor Market
- 7.2.2. Germany Automotive E-compressor Market
- 7.2.3. France Automotive E-compressor Market
- 7.2.4. Spain Automotive E-compressor Market
- 7.2.5. Italy Automotive E-compressor Market
- 7.2.6. Rest of Europe Automotive E-compressor Market
- 7.3. Asia-Pacific Automotive E-compressor Market
- 7.3.1. China Automotive E-compressor Market
- 7.3.2. India Automotive E-compressor Market
- 7.3.3. Japan Automotive E-compressor Market
- 7.3.4. Australia Automotive E-compressor Market
- 7.3.5. South Korea Automotive E-compressor Market
- 7.3.6. Rest of Asia Pacific Automotive E-compressor Market
- 7.4. Latin America Automotive E-compressor Market
- 7.4.1. Brazil Automotive E-compressor Market
- 7.4.2. Mexico Automotive E-compressor Market
- 7.4.3. Rest of Latin America Automotive E-compressor Market
- 7.5. Middle East & Africa Automotive E-compressor Market
- 7.5.1. Saudi Arabia Automotive E-compressor Market
- 7.5.2. South Africa Automotive E-compressor Market
- 7.5.3. Rest of Middle East & Africa Automotive E-compressor Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Denso Corporation
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Market Strategies
- 8.3.2. Hanon Systems Co., Ltd
- 8.3.3. Valeo SA
- 8.3.4. Mahle GmbH
- 8.3.5. Sanden Holdings Corporation
- 8.3.6. Mitsubishi Heavy Industries, Ltd
- 8.3.7. Hitachi Automotive Systems, Ltd
- 8.3.8. LG Electronics Inc
- 8.3.9. Panasonic Holdings Corporation
- 8.3.10. Marelli Holdings Co., Ltd
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes