Automotive Scroll e-Compressor Market to Reach $20.8 Billion, Globally, by 2033 at 12.6% CAGR: Allied Market Research [Yahoo! Finance]
DENSO CORP UNSP/ADR (DNZOY)
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Source: Yahoo! Finance
WILMINGTON, Del. Sept. 4, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, Automotive Scroll e-Compressor Market by Type (Below 25 Cc, 25-40 Cc and Above 40 Cc), by Material (Steel, Aluminum and Others), Vehicle Type (Hatchback, Sedan, SUV, LCV and HCV), and Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2024-2033" . According to the report, the automotive scroll e-compressor market was valued at $6.6 billion in 2023, and is estimated to reach $20.8 billion by 2033, growing at a CAGR of 12.6% from 2024 to 2033. Prime determinants of growth The overall growth and trends within the automotive industry significantly impact the demand for scroll e-compressors. Factors such as increasing vehicle production, rising consumer demand for comfort features, and regulatory requirements for improved energy efficiency drive the adoption of advanced HVAC systems powered by scroll e-compressors. The shift towards electric vehicles i
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