The rapid pace of urbanization and increasing affordability are propelling the growth of the Scroll-e Compressor Market in the APAC Region!

The Asia Pacific region holds the majority of the market share and is also poised to witness significant growth in the CAGR terms during the forecasted period. The Asia Pacific region has witnessed rapid growth in the automotive industry, with countries like China, India, Japan, and South Korea being major automotive manufacturing hubs. As vehicle production increases in the region, the demand for automotive scroll e compressors rises to meet the air conditioning needs of these vehicles. Furthermore, rising incomes, urbanization, and a growing middle class in many Asia Pacific countries have led to increased vehicle ownership. As more people purchase cars, the demand for automotive scroll e compressors for air conditioning systems also expands.

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For instance, on January 2023, as per CARS24, Indians’ average car buying budget increased an impressive 30 percent in 2022 from USD 5483 to USD 7310. Moreover, many countries in the Asia Pacific region experience hot and humid climates. As a result, reliable and efficient air conditioning systems are crucial for vehicle occupants’ comfort. Automotive scroll e compressors, with their high energy efficiency and rapid cooling capabilities, are well-suited to handle the demanding cooling requirements in such climates. Additionally, the Asia Pacific region has been witnessing significant growth in the electric and hybrid vehicle market. Automotive scroll e compressors are utilized in these eco-friendly vehicles for their efficiency and ability to optimize cooling system performance. The increasing adoption of electric and hybrid vehicles is also contributing to the growing demand for scroll e compressors

APAC is anticipated to emerge as the fastest-growing scroll-e compressor market primarily owing to the increasing vehicle demand. Furthermore, rapid urbanization and increasing affordability of the middle class is further driving up the demand of automotive scroll-e compressors.

• Revenue (2020-2030)- USD Mn

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“Amongst type, the 25-40CC segment is anticipated to grow at a significant CAGR during the forecasted period”

Based on type, the market is segmented into below 25 cc, 25-40 cc, and above 40 cc. The scroll- e compressor within the range of 25-40 cc segment holds a significant share of the market. The primary reason responsible for this leadership position is, scroll e compressors within the 25-40cc displacement range find widespread use in mid-sized vehicles, including sedans, SUVs, and certain commercial vehicles. This size range provides a balance between cooling capacity, efficiency, and compactness, making it suitable for a range of automotive applications.

Global Scroll-e Compressor Market Segmentation

Market Insight, by Type

• Below 25 CC
• 25-40 CC
• Above 40 CC

Market Insights, by Material

• Steel
• Aluminum
• Other Material

Market Insights, by Vehicle Type

• Hatchback
• Sedan
• SUV
• LCV
• HCV

Market Insights, by Sales Channel

• OEM
• Aftermarket

Market Insight, by Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • India
  • Australia
  • Rest of APAC
• Rest of the World

Top Company Profiles

• DENSO CORPORATION
• Hanon Systems
• MAHLE GmbH, Stuttgart
• MITSUBISHI HEAVY INDUSTRIES, LTD.
• Robert Bosch GmbH
• SANDEN CORPORATION
• Valeo
• BorgWarner Inc.
• Schott AG
• ZF Friedrichshafen AG