Automotive Electric HVAC Compressor Market Report 2026

The automotive electric hvac compressor market size has grown exponentially in recent years. It will grow from $20.01 billion in 2025 to $24.28 billion in 2026 at a compound annual growth rate (CAGR) of 21.3%. The growth in the historic period can be attributed to ev production growth, need for cabin comfort, shift from belt-driven compressors, hvac electrification, battery cooling requirements.

The automotive electric hvac compressor market size is expected to see exponential growth in the next few years. It will grow to $52.09 billion in 2030 at a compound annual growth rate (CAGR) of 21%. The growth in the forecast period can be attributed to range optimization needs, fast charging adoption, thermal efficiency regulations, growth of premium EVs, smart climate control integration. Major trends in the forecast period include growth of electric hvac systems, demand for battery thermal protection, adoption of variable-speed compressors, integration with smart thermal controls, expansion in ev platforms.

The growing adoption of electric vehicles (EVs) is expected to support the expansion of the automotive electric HVAC compressor market in the coming years. Electric vehicles are automobiles that use one or more electric motors for propulsion and operate on electrical energy. In electric vehicles, electric HVAC compressors are needed not only to cool the cabin but also to regulate the temperature of onboard electronic components that generate heat. As a result, the importance of these compressors is increasing in electric vehicles, leading to higher production levels. For example, in January 2024, according to a report published by Kelley Blue Book, a US-based Cox Automotive company, a record 1.2 million car buyers in the United States opted for electric vehicles in 2023, accounting for 7.6% of the total U.S. vehicle market, up from 5.9% in 2022. Therefore, the rising adoption of EVs is contributing to the growth of the automotive electric HVAC compressor market.

Major companies in the automotive electric HVAC compressor market are forming strategic collaborations to enhance production. Strategic partnerships involve companies utilizing each other's strengths and resources to achieve mutual benefits and success. For instance, in December 2023, TI Fluid Systems, a UK-based manufacturer specializing in thermal management and fluid handling systems, teamed up with Sanden Corporation, a Japan-based automotive company. This collaboration will combine TIFS’s leading capabilities in thermal management technologies with Sanden’s expertise in refrigerants, particularly in e-compressors. The two companies aim to accelerate TIFS’s development of next-generation automotive Integrated Thermal Modules by leveraging their combined knowledge. This strategic partnership will allow TIFS to address the increasing market demand for highly efficient thermal management architectures and provide customers with a comprehensive solution for Integrated Thermal Modules.

In March 2023, Danfoss, a Denmark-based industrial equipment firm, acquired BOCK GmbH for an undisclosed sum. This acquisition will showcase the significant growth potential in products and solutions that aid in achieving global and regional climate objectives. BOCK GmbH is a Germany-based manufacturer of automotive HVAC compressors.

Major companies operating in the automotive electric hvac compressor market report include Denso Corporation, Toyota Industries Corporation, Valeo SA, MAHLE GmbH, Robert Bosch GmbH, Highly Marelli Holdings Co. Ltd., Brose Fahrzeugteile SE & Co. KG, Borg Warner Inc., Hanon Systems, Aptiv plc, Mitsubishi Heavy Industries Ltd., Estra Automotive Systems Co. Ltd., Hella KGaA Hueck & Co., Subros Ltd., Michigan Automotive Compressor Inc., Shanghai Highly Group Co. Ltd., Continental AG, Sanden Holdings Corporation, Behr Hella Service GmbH, Calsonic Kansei Corporation, Delphi Technologies plc, Panasonic Corporation, Johnson Controls International plc, Modine Manufacturing Company, Xiezhong International Holdings Limited, Red Dot Corporation, Eberspaecher Climate Control Systems GmbH & Co. KG.

Asia-Pacific was the largest region in the automotive electric HVAC compressor in 2025.Europe was the second largest region in the automotive electric HVAC compressor market share. The regions covered in the automotive electric hvac compressor market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive electric hvac compressor market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive electric HVAC compressor market consists of sales of rotary, centrifugal and reciprocating. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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