The global automotive AC compressor market is expected to grow at a CAGR of 3.90% throughout the forecast period as a result of the rising demand. From US$ 9,342.1 Mn in 2022 to US$ 13,696.2 Mn in 2032, its value is anticipated to rise.
In recent years, the interior of cars has improved in terms of sophistication, technological advancement, aesthetics, and comfort. These days, air conditioning systems have changed from being a comfort element to a necessity.
Air conditioning systems are now more affordable and practical to install in low-priced and compact cars without sacrificing the overall performance of the vehicle because of technological breakthroughs achieved by automakers and component manufacturers in the areas of efficiency, performance, and cost.
Compressors are crucial to the effective and smooth operation of automotive air conditioning systems. Modern heating, ventilation, and air conditioning (HVAC) systems provide the occupants of vehicles with thermal comfort in a variety of temperatures, from hot and humid to cooler ones.
To facilitate heat rejection from the confined space, compressors keep the necessary flow and pressure of refrigerant in the system at a constant level. Utilizing the system’s capacity and flexible speed ranges, these criteria are satisfied.
key players:
- Denso Auto Corporation
- Michigan Automotive Compressor Inc.
- General Auto
- OMEGA Environmental Technologies
- Yantai Shougang TD Automotive Compressor Co. Ltd.
- HELLA KGaA Hueck & Co.
- Zhajiang Santian A/C compressor Co. Ltd.
- Valeo S.A.
- Calsonic Kansei Corporation
- Mitsubishi Heavy Industries
- Highly Marelli Holdings Co. Ltd.
- Dunair Smiths Manufacturing PTY Ltd.
- Behr Hella Service GmbH
- Keihin Corporation
- Continental AG
- Robert Bosch GmbH
- SANTIAN A/C COMPRESSOR CO. LTD.