Lucintel Forecasts the Global Automotive AC Compressor Market to Reach$11.6 billion by 2030

According to a market report by Lucintel, the future of the global automotive AC compressor market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle markets. The global automotive AC compressor market is expected to reach an estimated $11.6 billion by 2030 from $9.2 billion in 2024,at a CAGR of 3.9% from 2024 to 2030. The major drivers for this market are rapid growth in the number of vehicles produced along with the installation of high-quality comfort features in affordable cars, and increased usage of car air conditioners in developing nations, and increase in EV usage.

A more than 150-page report to understand trends, opportunity and forecast in automotive AC compressor market to 2030 by compressor type (variable displacement, fixed displacement, and electric compressor), drive type (electric and conventional), sales channel (OEM and aftermarket), vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the compressor type category, variable displacement will remain the largest segment over the forecasts period.

Within the vehicle type category, passenger car will remain the largest segment due to the proportion of passenger automobiles equipped with air conditioning has increased significantly.

Download sample by clicking on automotive AC compressor market

In terms of regions, APAC will remain the largest region over the forecasts period due to rise in production to fulfill the demand for both domestic and exports for automobiles.

Rivgasasha are the major suppliers in the automotive AC compressor market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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