Compressors are the important factor of air conditioning system. The automotive industry has been witnessing a shift in preference from reciprocating compressors to e-compressors since 2012-13. E-compressor provide an efficient solution to hybrid and full electric vehicles. E- Compressors are expected to remove the link between the air conditioning system and the combustion engine.
Global Automotive E-Compressor Market - Competitive Landscape
On October 31, 2018, MAHLE established its first production plant for electric compressors in Hungary. MAHLE is expected to manufacture e-compressors for global automobile manufacturers and has already bagged many customer projects.
Denso Corporation is leading company based in Japan, which manufactures automotive components. Denso Corporation introduced electric compressors for hybrid electric vehicles in 2003. In 2005, Denso manufactured an electric compressor, with Toyota Industries Corporation. Denso primarily provides e-compressors to automakers such as Audi, BMW, Honda, Mercedes, and Toyota. Denso is also the world’s first company to combine an inverter with a compressor in a single component.
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Established in 1869, and presently headquartered in Switzerland, WABCO recorded US $ 3.8 Bn in sales in 2018. The company has 16,000 employees located across 40 countries, worldwide. WABCO developed electrically driven compressor for heavy duty air braking system.
MAHLE GmbH is a leading company based in Germany, which manufactures automotive parts. The company has 80,000 employees worldwide. MAHLE’s electric air conditioning compressor was recognized by the European Association of Automotive Suppliers with the prestigious CLEPA Innovation Award 2019.
Global Automotive E-Compressor Market - Dynamics
Rise in demand for hybrid and electric cars
The conventional compressor is powered by the engine’s belt drive; however, an EV does not have a belt driven engine that give energy to the system. Therefore, electric vehicle manufacturers prefer E compressors. Luxury car manufacturers based in Europe have started using E-compressors in their vehicles, which is estimated to drive the E-compressor market in the near future.