The belt-driven pump fastened to the engine, responsible for transferring and compressing the refrigerant gas is the compressor, otherwise known as the heart of the system. Cabin space in automobiles is turning out to be more aesthetic, sophisticated, advanced, and comfort-focused. Air conditioning systems have evolved from comfort feature to necessary feature nowadays. Mounting vehicle production, fleet on road, in addition, to increasing installation of comfort features in the economic segment like cars, is seen currently. This increase leads to the demand of automotive air conditioning compressors in the market. The rise in growth of the market is anticipated with more organizations opting for automotive air conditioning compressors in the coming future.
The emerging use of different refrigerants to replace the more usual R134a, multi-zone air conditioning systems and the use of physiologically controlled air conditioning are observed nowadays. The long-term prospects for R134a are not very good, due to its greenhouse effect. The most excellent contender to substitute R134a as a refrigerant in automobile air conditioning is carbon dioxide. Presently, the abundance of completely automatic air conditioning equipment used in automobiles regulates themselves on the basis of temperature measurements in the area near the driver. Increasing car ownership all over the world is driving the global automotive AC compressor market. Ultimately, the budding necessity of consumers related to comfort in the vehicle is creating the demand for automotive air conditioning for automotive AC compressors.
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High prices of luxury vehicles, maintenance issues, and several technical limitations are anticipated to affect the rapid growth of global automotive AC compressor market over the forecast period. The market players in this market hold the significant opportunity for the launch of the new compact as well as efficient AC compressor at competitive prices. The market is predicted to register a considerable growth over the forecast period, owing to the technological advancements to provide superior products at low price. Moreover, rising implementation of AC systems in automobiles air conditioning systems have turn out to be an essential feature in buses and passenger cars nowadays. Several automakers are making efforts to create these systems economical along with small budget without compromising of overall vehicle performance. The automotive AC compressor is considered as the principal part of overall air conditioning system which plays a significant role in the efficient performance. It maintains compulsory flow and pressure of the refrigerant in the system to enable heat rejection from the confined space.
The global automotive air conditioning compressor market is divided into various regions covering North America, Europe, Asia Pacific, and LAMEA. Asia-Pacific is one of the growing regions that have been showing remarkable growth in the market, owing to the factors covering increasing individual’s purchasing power in addition to the establishments of the automotive industry in this region caused by the availability of resources at a low cost. Both the regions like Eastern Europe and Western Europe are also considered as the prominent markets for automotive AC compressor as they are finely covered with several auto industries. Japan also has a considerable base of automotive industries, which is anticipated to generate a demand for automotive AC compressors.
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l ZHEJIANG SANTIAN A/C COMPRESSOR CO., LTD
l SANDEN HOLDINGS CORPORATION
l OMEGA Environmental Technologies
l Yantai Shougang TD Automotive Compressor Co., Ltd.
l HELLA KGaAHueck& Co
l Michigan Automotive Compressor Inc.
l Calsonic Kansei Corporation
l Denso Corporation
l TD Automotive Compressor Georgia, LLC.
l Dunair Smiths Manufacturing PTY Ltd. and others
Along with DENSO Corporation, Toyota Industries Corporation have established a new company, named Yantai Shougang TD Automotive Compressor Co., Ltd. in Yantai City.
Moreover, in June 2014, DENSO Corporation has acquired 34 percent stake of Hefei Dyne Auto Air Conditioner Co., Ltd. that manufactures the compressors in China. It might assist to give a rise in an automotive aftermarket compressor business worldwide.
Automotive air conditioning compressor market segmentation:
l Passenger Cars
l Heavy Commercial Vehicle
l Light Commercial Vehicle
By Product Type:
l Scroll Type Compressor
l Rotary Vane Compressor
l Swash Plate Compressor
l North America
l Rest of Europe
l Asia Pacific
l South Korea
l Rest of Asia Pacific
l Saudi Africa
l South Africa
l Rest of LAMEA
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