Scroll-E Compressor Market: Current Analysis and Forecast (2023-2030)

The automotive scroll e compressor refers to a scroll compressor specifically designed and used in automotive air conditioning systems. It is a type of compressor that utilizes scroll technology to compress refrigerant for cooling the vehicle's cabin. They are known for their high energy efficiency. The scroll design enables continuous compression, minimizing internal leakage and improving overall system efficiency. This can result in reduced fuel consumption and improved vehicle efficiency.

The scroll-e compressor market is expected to grow at a strong CAGR of around 8% during the forecast period owing to the increasing vehicle production globally. Furthermore, the growth of automotive scroll-e compressors can be attributed to the growing demand for comfort and convenience in vehicles by consumers. Where the rising consumer expectations for comfort and convenience in vehicles, efficient and reliable air conditioning systems are becoming increasingly important. Automotive scroll e-compressors offer advantages such as quiet operation, rapid cooling, and precise temperature control, making them a preferred choice for automotive manufacturers, and can be seen in the recent developments that are happening in this space. For instance, on December 2019, Danfoss a manufacturer of scroll-e compressors introduced an innovative feature in its scroll-e compressor design called an intermediate discharge valve, which improves part load efficiency and enhances overall system performance.

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.

Based on the material, the market is segmented into steel, aluminum, and other material. Both steel and aluminum are used together in order to manufacture different parts of a single scroll-e compressor. Where steel is used for components such as the scroll elements, housing, and shaft. Steel offers excellent structural integrity and can withstand the mechanical stresses and high pressures associated with compressor operation. And aluminum is a lightweight material with good thermal conductivity and corrosion resistance. It is often used in automotive scroll e compressors for components like motor housings, brackets, and other non-load-bearing parts. Aluminum helps reduce the overall weight of the compressor, which is beneficial for improving fuel efficiency and reducing vehicle emissions.

Based on vehicle type, the market is segmented into hatchback, sedan, SUV, LCV, and HCV. The SUV segment is showing significant growth in the CAGR terms amongst all the other segment. The notable reasons that are responsible fot the exponential growth of this segment are changing consumer preferances, where consumers seeking vehicles that offers a combination of practicality, comfort, safety, and style. Furthermore, with automotive manufacturers expanding their product portfolio in this segment has made a wide range of SUV options available for consumers including compact SUV, mid-size SUV, full size SUV, and luxury SUV, thus increasing the affordability and availability for all kind of buyers. Moreover, automakers are investing heavily in marketing and advertising is also pushing up the demand for the SUVs in the market, where the promotional campaigns highlighting their features, capabilities, and appeal is creating awareness and desire among consumers. For instance, on December 2022, as per Jato Dyanamics an automotive sector publisher, in calender year of 2022, first time that SUVs have sold more volumes than hatchbacks where 1.47 million units of SUVs have been sold in 2022 and SUV market share in India has gone up from 38.2 percent to 41.7 percent in 2022.

Based on sales channel, the market is segmented into OEM and aftermarket. OEM holds a significant share of the market owing to the fact that OEM parts are manufactured by the same company that produced the original parts for a vehicle. These parts are designed to match the specifications and quality of the original components. OEM parts are often preferred by consumers because of brand reputation, vehicle warranties, and to maintain the original performance and appearance of their vehicles. OEM parts are commonly sold through authorized dealerships and service centers

For a better understanding of the market adoption of the scroll-e compressor, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and the Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific), Rest of World. 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. 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.

Some of the major players operating in the market include: DENSO CORPORATION; Hanon Systems; MAHLE GmbH, Stuttgart; MITSUBISHI HEAVY INDUSTRIES, LTD.; Robert Bosch GmbH; SANDEN CORPORATION; Valeo; BorgWarner Inc.; Continental AG; and ZF Friedrichshafen AG.