The global market for automotive scroll e-compressors has seen significant growth and is expected to continue expanding in the coming years. Valued at over US$ 1 billion in 2020, the market is projected to reach US$ 2.6 billion by 2031, growing at a compound annual growth rate (CAGR) of 2.14% from 2021 to 2031.
This growth is driven by several factors, including the increasing demand for energy-efficient and eco-friendly solutions, the rise in electric vehicle (EV) adoption, and advancements in automotive technology. However, challenges such as high integration costs, maintenance issues, and a shortage of trained technicians are limiting the widespread use of these compressors.
Automotive scroll e-compressors are becoming increasingly important, particularly in electric and hybrid vehicles. These compressors are used in heating, ventilation, and air conditioning (HVAC) systems to improve cooling efficiency, reduce power consumption, and enhance overall vehicle performance. The growing global focus on reducing carbon emissions, a priority for many governments, also drives demand for these compressors. Since electric vehicles rely on efficient HVAC systems to maintain comfort while minimizing energy use, the need for scroll e-compressors is on the rise.
While these systems offer benefits like improved cooling efficiency and lighter vehicle weight, they are more expensive than traditional compressors used in internal combustion engine (IC) vehicles. The higher installation and maintenance costs make it harder to incorporate these advanced systems into lower-priced vehicles. To address this, automotive manufacturers are encouraged to collaborate with research organizations to develop more cost-effective and efficient scroll e-compressors.
Related topics:
- Global Compressor Rental Market Expected to Grow Significantly by 2031
- SNGPL Warns Consumers Against Using Compressors and Urges Gas Safety
- BYD Reaches 10 Million Electric Compressors Milestone
