Automotive E-Compressor Market worth USD 18.9 billion by 2033 - Exclusive Report by MarketsandMarkets™

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include DENSO CORPORATION (Japan), Hanon Systems (South Korea), MAHLE GmbH (Germany), VALEO (France), and Sanden Corporation (Japan).

Recent Developments

In Feb 2024, Hanon Systems announced the opening of a new engineering center located on the company's compressor manufacturing campus in Palmela, Portugal. The new center supports the Palmela plant, the company's European flagship for the electric scroll compressor. It is a two-story structure with around 2,488 square meters of space for existing and new test operations.In Jan 2024, Robert Bosch expanded its product offerings by introducing AC components to repair requirements. The expansion includes AC compressors and condensers for vehicles from different manufacturers in Europe.In Aug 2023, VALEO presented the REVO-E- HP R744 in Busworld 2023. It is a zero-emission HVAC unit designed for buses with alternative drives. The use of natural refrigerant R744 enables the HVAC system to be environmentally neutral for cooling the bus. The system has integrated the compressor, giving a compact design, low refrigerant charge, and low energy consumption.

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