Automotive Scroll e-Compressor demand To Witness Increase In Revenues By 2031

Automotive Scroll e-Compressor Market: Introduction

• Automotive electric scroll compressor works independent of engine power and is driven by an electric motor. It reduces the engine load and is suitable for upcoming electric vehicles, which are potential drivers of the automotive scroll e-compressor market.
• This compressor is constructed from one fixed and one rotating scroll in an offset spiral configuration. Shaft rotation creates spaces of varying volume between the two scrolls, causing the refrigerant to be sucked in and compressed.

Key Drivers of Automotive Scroll e-Compressor Market

• The Global EV Outlook 2019 report of International Energy Agency stated that sale of electric cars witnessed 40% year-on-year growth in 2019 with a total sale of 2.1 million electric cars worldwide. Increase in sale of electric vehicles is fueling the demand for EV driving systems and components. These electric vehicles utilize complex networks of electro-mechanical parts and large battery packs that require efficient cooling systems to ensure safe and continuous operation of the vehicle. Consequently, HVAC systems are a vital part of electric vehicles. However, electric vehicles have no I.C engine, which makes the conventional belt-driven compressors obsolete and creates a demand for compressors that can be powered and controlled by electric energy of the battery. Electric scroll compressors are driven by electric motors and deliver continuous flow of compressed refrigerant, which makes them ideal for electric vehicles. Thus, a rise in the adoption of electric vehicles around the world is driving the global automotive scroll e-compressor market.

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• Tailpipe emissions such as carbon dioxide, nitrogen oxides, hydrocarbons, carbon monoxide, and sulfur dioxide cause respiratory illnesses, heart conditions, and mental illness, which results in increased healthcare burden. Consequently, worldwide transportation and environment regulatory authorities have tightened regulations related to vehicle emissions. Implementation of stringent emission norms along with soaring fossil fuel prices have prompted automakers to reduce emissions and fuel consumption of their vehicle models by decreasing engine load. Automotive scroll e-compressors work independently of the engine and can be turned on or off without affecting the engine performance. This rise in environmental awareness is boosting the automotive scroll e-compressor market across the globe.

Restrains of Automotive Scroll e-Compressor Market

• A major restraint of the automotive scroll e-compressor market is that these systems add extra components to the automobile. Numerous professionals working at automobile repair shops are not acquainted with this new system. Moreover, e-compressors require additional heavy duty electrical wiring. This increases the complexity in repair and maintenance of these systems and overall cost.

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Impact of COVID-19 pandemic on Automotive Scroll e-Compressor Market

• The COVID-19 pandemic affected supply chains of automakers and auto-component manufacturers, thus creating a shortage of raw materials and vehicles. This negatively impacted the global automotive scroll e-compressor market. However, sales of automobiles and electric vehicles are anticipated to rebound, as governments have lifted the restriction on industrial activities, which in turn is estimated to propel the automotive scroll e-compressor market in the near future.

North America and Europe hold Significant Share of Global Automotive Scroll e-Compressor Market

• North America and Europe account for a significant share of automotive scroll e-compressor market owing to government initiatives of the U.K, the U.S., Netherlands, France, and Spain to promote electric cars and develop charging infrastructure, which has fueled the sales of electric cars in these regions.
• Sales of electric cars are increasing at a rapid pace in Asia Pacific, with China and Japan leading the region. According to the statistics of International Energy Agency, in 2019, 1.10 million electric vehicles were sold across China, which was highest across the globe. This rise in sale of electric vehicles in Asia Pacific is fueling the automotive scroll e-compressor market in the region.

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Key Players Operating in Automotive Scroll e-Compressor Market

The global automotive scroll e-compressor market is highly concentrated due to the presence of top manufacturers. A few of the key players operating in the global automotive scroll e-compressor market are:

• Brose Fahrzeugteile GmbH & Co. Kg
• Calsonic Kansei Corporation
• Continental AG
• Delphi Plc
• Denso Corporation
• Hanon Systems
• Hella
• Mahle Behr GmbH
• Panasonic Corporation
• Robert Bosch GmbH
• Sanden Corporation
• Toyota Industries Corporation
• Valeo S.A.

Global Automotive Scroll e-Compressor Market: Research Scope

Global Automotive Scroll e-Compressor Market, by Displacement

• Less than 20 CC
• 20 CC to 40 CC
• More Than 40 CC

Global Automotive Scroll e-Compressor Market, by Electric Vehicle

• Hybrid Vehicle
• Plug-in Hybrid vehicle
• Battery Electric vehicle

Global Automotive Scroll e-Compressor Market, by Vehicle Type

• Passenger Vehicle
• Hatchback
• Sedan
• Utility Vehicle
• Commercial Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Buses & Coaches

Global Automotive Scroll e-Compressor Market, by Sales Channel

• OEM
• Aftermarket

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

• Customer Experience Maps
• Insights and Tools based on data-driven research
• Actionable Results to meet all the business priorities
• Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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