Automotive E-Compressor Market Analysis, Market Size, Trends, OEM, Aftermarket Analysis, and Forecast, 2023-2030 | Automotive Market Report by RationalStat

The global automotive e-compressor market is expected to approach US$ 3,148.2 million by 2030, with an annual growth rate of more than 10.5%, primarily driven by increasing demand for EVs and AC systems.


Wilmington, Delaware, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Global Automotive E-Compressor Market is estimated at US$ 1,564.2 million in 2023 and is expected to grow at a significant CAGR of over 10.5% over the forecast period of 2023-2030, according to the published market report by RationalStat


Market Definition, Market Scope, and Report Overview

An automotive E-compressor, or electric compressor, is a component used in electric and hybrid vehicles to enhance their powertrain efficiency and performance. It serves a similar function to a traditional turbocharger or supercharger in internal combustion engines but operates differently.

The global shift towards electric vehicles (EVs) and hybrid electric vehicles (HEVs) has significantly boosted the demand for E-compressors. These devices are essential for enhancing powertrain efficiency, performance, and range in electric and hybrid vehicles.

  • According to a deep-dive market assessment by RationalStat, the global automotive E-Compressor market has been analyzed on the basis of market segments, including application, sales channel, end user and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
  • Market intelligence for the global automotive E-Compressor market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
  • In addition, the long-term sector and products/services 10-year outlook and its implications on the global automotive E-Compressor market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Automotive E-Compressor Market: Segmental and Market Share Analysis

  • On the basis of sales channel, OEMs is expected to take up the major portion of the automotive e-compressor market.

Report Synopsis

Report Metrics Details
Base Year 2022
Forecast Period 2023-2030
Base Year Market Size US$ 1,564.2 million
Market Size Forecast US$ 3,148.2 million
Growth Rate 10.5%
Key Market Drivers
  • Performance Enhancement
  • Increased fuel efficiency
  • Rising automotive demand
Companies Profiled
  • BorgWarner Inc.
  • Continental AG
  • DENSO
  • MAHLE
  • Honeywell International
  • Valeo
  • GKN Automotive
  • Infineon Technologies

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Competition Analysis and Market Structure

Some of the prominent players and suppliers operating and contributing significantly to the global automotive E-Compressor market growth include BorgWarner Inc., Continental AG, DENSO, MAHLE, Honeywell International, Valeo, GKN Automotive, and Infineon Technologies, among others.

  • In June 2023, Garrett Motion Inc. debuted in next-generation automotive e-compressor technology for hydrogen fuel cell vehicles. The company is supporting BMW Group's commitment to developing zero-emission hydrogen fuel cell vehicles. 
  • In April 2023, ZF's Commercial Vehicle Solutions (CVS) division revealed an electric high-speed air compressor for fuel-cell-powered M&HCVs.

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RationalStat has segmented the global automotive E-Compressor market based on application, sales channel, end user and region

  • Global Automotive E-Compressor Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
    • Passenger Vehicles
      • Sedan
      • Hatchbacks
      • Crossover
      • SUVs
    • Commercial Vehicles
      • Light Weight
      • Heavy Weight
    • Others
  • Global Automotive E-Compressor Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Sales Channel
    • OEM
    • Aftermarket
  • Global Automotive E-Compressor Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
    • North America Automotive E-Compressor Market
      • US
      • Canada
    • Latin America Automotive E-Compressor Market
      • Brazil
      • Mexico
      • Rest of Latin America
    • Western Europe Automotive E-Compressor Market
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Benelux
      • Nordic
      • Rest of Western Europe
    • Eastern Europe Automotive E-Compressor Market
      • Russia
      • Poland
      • Hungary
      • Other CIS Countries
      • Rest of Eastern Europe
    • Asia Pacific Automotive E-Compressor Market
      • China
      • Japan
      • India
      • South Korea
      • Australia
      • ASEAN
        • Indonesia
        • Thailand
        • Philippines
        • Vietnam
        • Malaysia
        • Rest of ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa Automotive E-Compressor Market
      • GCC
        • Saudi Arabia (KSA)
        • United Arab Emirates (UAE)
        • Rest of the GCC
      • South Africa
      • Nigeria
      • Turkey
      • Rest of the Middle East & Africa

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Key Questions Answered in the Automotive E-Compressor Report:

  • What will be the market value of the global automotive E-Compressor market by 2030?
  • What is the market size of the global automotive E-Compressor market?
  • What are the market drivers of the global automotive E-Compressor market?
  • What are the key trends in the global automotive E-Compressor market?
  • Which is the leading region in the global automotive E-Compressor market?
  • What are the major companies operating in the global automotive E-Compressor market?
  • What are the market shares by key segments in the global automotive E-Compressor market?  

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

  • Defining the problem by understanding the type of market and data required by the client.
  • Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
  • Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
  • Evaluating and analyzing the data by referring to data sources utilized and leveraged.
  • Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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