Automotive Air Conditioning Compressor Market Analysis 2031
The automotive air conditioning compressor market is expected to register a CAGR of 4.0% during 2023–2031. The increasing awareness regarding environmental protection and growing fuel costs is likely to remain a key trend in the market.
Automotive Air Conditioning Compressor Market Analysis
- Increasing sales of automotive air conditioning compressor is playing a vital role in global market. The automotive air conditioning sector is estimated to undergo swift expansion over the forthcoming era due to numerous factors. Worldwide, the APAC region is projected to be the largest market as demand for air conditioners is likely to rise further as developed Asian economies show rising levels of vehicle sales. Continuing technological advancements such as reduced power consumption and smaller compressor dimensions, are triggering automotive air conditioner compressors demand along with rise in vehicle sales, changing customer expectations and environmental consciousness.
- According to the report, the automotive air conditioner compressor sector is going in a higher growth with increasing volumes of vehicles sold across economies. The market for automotive air conditioning compressors is going to expand mainly due to the significant increase in car manufacturing activities in major economies.
Automotive Air Conditioning Compressor Market Overview
- The global automotive air conditioning compressor market is forecasted to grow with a healthy growth rate during the forecast period. The main driving factor for market growth is increasing automotive air conditioning demand due to the growing consumer demand for comfort while driving a vehicle and thus creating a need for automotive A/C systems and ultimately the requirement for automotive AC compressor.
- The growing trend of aftermarket installation of AC by consumers in developed as well as developing economies is one of the key factors for the market growth in developing economies over the coming years. The rising trend of cars on roads worldwide and driving affordable comfort features in economy cars are some other factors projected to drive the market.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Automotive Air Conditioning Compressor Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Automotive Air Conditioning Compressor Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Automotive Air Conditioning Compressor Market Drivers and Opportunities
Increase in Automobile Production and Sales of Personal, Commercial and Passenger Vehicles to Favor the Market
- Increase in the production and sales of personal, commercial and passenger vehicles: Automatic air conditioning market is an integral part of the Automotive industry and it is always going hand in hand with that of personal, commercial and passenger vehicles.
- Rise in the global population across the developing countries and human migration which is known as urbanisation has primarily led to a tremendous demand for vehicles and eventually lead to its production in most of the developing countries due to availability of cheap labour.
Increasing Demand for Private Car Rental Services
- The growing demand for private taxi-cab rental services like Uber, Ola and Lyft are predicted to increase the demand for the innovated products like automotive air conditioning that can differentiate the customer experience and are probable to dramatically contribute to the industry growth.
- Additionally, the increasing competition among different taxi services is going to contribute to the application of the innovated differentiation in service, thus stimulating the customer’s loyalty.
Automotive Air Conditioning Compressor Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automotive air conditioning compressor market analysis are type, vehicle type, and distribution channel.
- Based on type, the automotive air conditioning compressor market is divided into swash plate, scroll, and rotary vane.
- On the basis of vehicle type, the market is divided into passenger cars, light commercial vehicles, and heavy commercial vehicles.
- Based on distribution channel, the automotive air conditioning compressor market is divided into OEMs and aftermarket.
Automotive Air Conditioning Compressor Market Share Analysis by Geography
- Automotive air conditioning compressor market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering automotive air conditioning compressor market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers PEST analysis, which involves the study of major factors that influence the automotive air conditioning compressor market in these regions.
Automotive Air Conditioning Compressor Market Report Scope
Automotive Air Conditioning Compressor Market News and Recent Developments
The automotive air conditioning compressor market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive air conditioning compressor market are listed below:
- MAHLE introduced the most powerful e-compressor currently available on the market with a peak power of 18 kW. E-compressors are the heart of thermal management in electric vehicles. The most recently presented e-compressor with 18 kW is currently the most powerful electric A/C compressor on the market. (Source: MAHLE Group, Company Website, November 2022)
- Garrett Motion Inc. (Nasdaq: GTX), a differentiated technology leader for the automotive industry, is supporting BMW Group’s commitment to developing zero-emission hydrogen fuel cell vehicles with an advanced electric fuel cell compressor (FCC) developed by Garrett’s R&D team. BMW Group recently announced that it will pilot the second generation of its hydrogen fuel cell drive train in a small series of the BMW iX5 Hydrogen, boosted by Garrett’s new generation, modular fuel cell compressor for hydrogen fuel cell electric vehicles. (Source: Garrett Motion Inc., Company Website, June 2023)
Automotive Air Conditioning Compressor Market Report Coverage and Deliverables
The “Automotive air conditioning compressor market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automotive air conditioning compressor market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automotive air conditioning compressor market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automotive air conditioning compressor market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive air conditioning compressor market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Increase in automobile production and sales of personal, commercial and passenger vehicles is the major factors driving the automotive air conditioning compressor market.
The increasing awareness regarding environmental protection and growing fuel costs is the key future trend in the global automotive air conditioning compressor market in the coming years.
The leading players operating in the automotive air conditioning compressor market include Continental AG, Hanon Systems, Keihin Corporation, Michigan Automotive Compressor, Inc., SANDEN, MAHLE Group, Robert Bosch GmbH, DENSO Corporation, Valeo SA, and Subros Limited.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on the request are an additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The global automotive air conditioning compressor market is expected to grow at a CAGR of 4.0% during the forecast period 2023 - 2031.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Automotive Air Conditioning Compressor Market - By Type
1.3.2 Automotive Air Conditioning Compressor Market - By Vehicle Type
1.3.3 Automotive Air Conditioning Compressor Market - By Distribution Channel
1.3.4 Automotive Air Conditioning Compressor Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. AUTOMOTIVE AIR CONDITIONING COMPRESSOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AUTOMOTIVE AIR CONDITIONING COMPRESSOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. AUTOMOTIVE AIR CONDITIONING COMPRESSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. AUTOMOTIVE AIR CONDITIONING COMPRESSOR - GLOBAL MARKET OVERVIEW
6.2. AUTOMOTIVE AIR CONDITIONING COMPRESSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AUTOMOTIVE AIR CONDITIONING COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. SWASH PLATE
7.3.1. Overview
7.3.2. Swash Plate Market Forecast and Analysis
7.4. SCROLL
7.4.1. Overview
7.4.2. Scroll Market Forecast and Analysis
7.5. ROTARY VANE
7.5.1. Overview
7.5.2. Rotary Vane Market Forecast and Analysis
8. AUTOMOTIVE AIR CONDITIONING COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 - VEHICLE TYPE
8.1. OVERVIEW
8.2. VEHICLE TYPE MARKET FORECASTS AND ANALYSIS
8.3. PASSENGER CARS
8.3.1. Overview
8.3.2. Passenger Cars Market Forecast and Analysis
8.4. LIGHT COMMERCIAL VEHICLES
8.4.1. Overview
8.4.2. Light Commercial Vehicles Market Forecast and Analysis
8.5. HEAVY COMMERCIAL VEHICLES
8.5.1. Overview
8.5.2. Heavy Commercial Vehicles Market Forecast and Analysis
9. AUTOMOTIVE AIR CONDITIONING COMPRESSOR MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
9.1. OVERVIEW
9.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
9.3. OEMS
9.3.1. Overview
9.3.2. OEMs Market Forecast and Analysis
9.4. AFTERMARKET
9.4.1. Overview
9.4.2. Aftermarket Market Forecast and Analysis
10. AUTOMOTIVE AIR CONDITIONING COMPRESSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Automotive Air Conditioning Compressor Market Overview
10.1.2 North America Automotive Air Conditioning Compressor Market Forecasts and Analysis
10.1.3 North America Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Type
10.1.4 North America Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Vehicle Type
10.1.5 North America Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Distribution Channel
10.1.6 North America Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Countries
10.1.6.1 United States Automotive Air Conditioning Compressor Market
10.1.6.1.1 United States Automotive Air Conditioning Compressor Market by Type
10.1.6.1.2 United States Automotive Air Conditioning Compressor Market by Vehicle Type
10.1.6.1.3 United States Automotive Air Conditioning Compressor Market by Distribution Channel
10.1.6.2 Canada Automotive Air Conditioning Compressor Market
10.1.6.2.1 Canada Automotive Air Conditioning Compressor Market by Type
10.1.6.2.2 Canada Automotive Air Conditioning Compressor Market by Vehicle Type
10.1.6.2.3 Canada Automotive Air Conditioning Compressor Market by Distribution Channel
10.1.6.3 Mexico Automotive Air Conditioning Compressor Market
10.1.6.3.1 Mexico Automotive Air Conditioning Compressor Market by Type
10.1.6.3.2 Mexico Automotive Air Conditioning Compressor Market by Vehicle Type
10.1.6.3.3 Mexico Automotive Air Conditioning Compressor Market by Distribution Channel
10.2. EUROPE
10.2.1 Europe Automotive Air Conditioning Compressor Market Overview
10.2.2 Europe Automotive Air Conditioning Compressor Market Forecasts and Analysis
10.2.3 Europe Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Type
10.2.4 Europe Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Vehicle Type
10.2.5 Europe Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Distribution Channel
10.2.6 Europe Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Automotive Air Conditioning Compressor Market
10.2.6.1.1 Germany Automotive Air Conditioning Compressor Market by Type
10.2.6.1.2 Germany Automotive Air Conditioning Compressor Market by Vehicle Type
10.2.6.1.3 Germany Automotive Air Conditioning Compressor Market by Distribution Channel
10.2.6.2 France Automotive Air Conditioning Compressor Market
10.2.6.2.1 France Automotive Air Conditioning Compressor Market by Type
10.2.6.2.2 France Automotive Air Conditioning Compressor Market by Vehicle Type
10.2.6.2.3 France Automotive Air Conditioning Compressor Market by Distribution Channel
10.2.6.3 Italy Automotive Air Conditioning Compressor Market
10.2.6.3.1 Italy Automotive Air Conditioning Compressor Market by Type
10.2.6.3.2 Italy Automotive Air Conditioning Compressor Market by Vehicle Type
10.2.6.3.3 Italy Automotive Air Conditioning Compressor Market by Distribution Channel
10.2.6.4 United Kingdom Automotive Air Conditioning Compressor Market
10.2.6.4.1 United Kingdom Automotive Air Conditioning Compressor Market by Type
10.2.6.4.2 United Kingdom Automotive Air Conditioning Compressor Market by Vehicle Type
10.2.6.4.3 United Kingdom Automotive Air Conditioning Compressor Market by Distribution Channel
10.2.6.5 Russia Automotive Air Conditioning Compressor Market
10.2.6.5.1 Russia Automotive Air Conditioning Compressor Market by Type
10.2.6.5.2 Russia Automotive Air Conditioning Compressor Market by Vehicle Type
10.2.6.5.3 Russia Automotive Air Conditioning Compressor Market by Distribution Channel
10.2.6.6 Rest of Europe Automotive Air Conditioning Compressor Market
10.2.6.6.1 Rest of Europe Automotive Air Conditioning Compressor Market by Type
10.2.6.6.2 Rest of Europe Automotive Air Conditioning Compressor Market by Vehicle Type
10.2.6.6.3 Rest of Europe Automotive Air Conditioning Compressor Market by Distribution Channel
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Automotive Air Conditioning Compressor Market Overview
10.3.2 Asia-Pacific Automotive Air Conditioning Compressor Market Forecasts and Analysis
10.3.3 Asia-Pacific Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Vehicle Type
10.3.5 Asia-Pacific Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Distribution Channel
10.3.6 Asia-Pacific Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Automotive Air Conditioning Compressor Market
10.3.6.1.1 Australia Automotive Air Conditioning Compressor Market by Type
10.3.6.1.2 Australia Automotive Air Conditioning Compressor Market by Vehicle Type
10.3.6.1.3 Australia Automotive Air Conditioning Compressor Market by Distribution Channel
10.3.6.2 China Automotive Air Conditioning Compressor Market
10.3.6.2.1 China Automotive Air Conditioning Compressor Market by Type
10.3.6.2.2 China Automotive Air Conditioning Compressor Market by Vehicle Type
10.3.6.2.3 China Automotive Air Conditioning Compressor Market by Distribution Channel
10.3.6.3 India Automotive Air Conditioning Compressor Market
10.3.6.3.1 India Automotive Air Conditioning Compressor Market by Type
10.3.6.3.2 India Automotive Air Conditioning Compressor Market by Vehicle Type
10.3.6.3.3 India Automotive Air Conditioning Compressor Market by Distribution Channel
10.3.6.4 Japan Automotive Air Conditioning Compressor Market
10.3.6.4.1 Japan Automotive Air Conditioning Compressor Market by Type
10.3.6.4.2 Japan Automotive Air Conditioning Compressor Market by Vehicle Type
10.3.6.4.3 Japan Automotive Air Conditioning Compressor Market by Distribution Channel
10.3.6.5 South Korea Automotive Air Conditioning Compressor Market
10.3.6.5.1 South Korea Automotive Air Conditioning Compressor Market by Type
10.3.6.5.2 South Korea Automotive Air Conditioning Compressor Market by Vehicle Type
10.3.6.5.3 South Korea Automotive Air Conditioning Compressor Market by Distribution Channel
10.3.6.6 Rest of Asia-Pacific Automotive Air Conditioning Compressor Market
10.3.6.6.1 Rest of Asia-Pacific Automotive Air Conditioning Compressor Market by Type
10.3.6.6.2 Rest of Asia-Pacific Automotive Air Conditioning Compressor Market by Vehicle Type
10.3.6.6.3 Rest of Asia-Pacific Automotive Air Conditioning Compressor Market by Distribution Channel
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Automotive Air Conditioning Compressor Market Overview
10.4.2 Middle East and Africa Automotive Air Conditioning Compressor Market Forecasts and Analysis
10.4.3 Middle East and Africa Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Vehicle Type
10.4.5 Middle East and Africa Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Distribution Channel
10.4.6 Middle East and Africa Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Automotive Air Conditioning Compressor Market
10.4.6.1.1 South Africa Automotive Air Conditioning Compressor Market by Type
10.4.6.1.2 South Africa Automotive Air Conditioning Compressor Market by Vehicle Type
10.4.6.1.3 South Africa Automotive Air Conditioning Compressor Market by Distribution Channel
10.4.6.2 Saudi Arabia Automotive Air Conditioning Compressor Market
10.4.6.2.1 Saudi Arabia Automotive Air Conditioning Compressor Market by Type
10.4.6.2.2 Saudi Arabia Automotive Air Conditioning Compressor Market by Vehicle Type
10.4.6.2.3 Saudi Arabia Automotive Air Conditioning Compressor Market by Distribution Channel
10.4.6.3 U.A.E Automotive Air Conditioning Compressor Market
10.4.6.3.1 U.A.E Automotive Air Conditioning Compressor Market by Type
10.4.6.3.2 U.A.E Automotive Air Conditioning Compressor Market by Vehicle Type
10.4.6.3.3 U.A.E Automotive Air Conditioning Compressor Market by Distribution Channel
10.4.6.4 Rest of Middle East and Africa Automotive Air Conditioning Compressor Market
10.4.6.4.1 Rest of Middle East and Africa Automotive Air Conditioning Compressor Market by Type
10.4.6.4.2 Rest of Middle East and Africa Automotive Air Conditioning Compressor Market by Vehicle Type
10.4.6.4.3 Rest of Middle East and Africa Automotive Air Conditioning Compressor Market by Distribution Channel
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Automotive Air Conditioning Compressor Market Overview
10.5.2 South and Central America Automotive Air Conditioning Compressor Market Forecasts and Analysis
10.5.3 South and Central America Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Type
10.5.4 South and Central America Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Vehicle Type
10.5.5 South and Central America Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Distribution Channel
10.5.6 South and Central America Automotive Air Conditioning Compressor Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Automotive Air Conditioning Compressor Market
10.5.6.1.1 Brazil Automotive Air Conditioning Compressor Market by Type
10.5.6.1.2 Brazil Automotive Air Conditioning Compressor Market by Vehicle Type
10.5.6.1.3 Brazil Automotive Air Conditioning Compressor Market by Distribution Channel
10.5.6.2 Argentina Automotive Air Conditioning Compressor Market
10.5.6.2.1 Argentina Automotive Air Conditioning Compressor Market by Type
10.5.6.2.2 Argentina Automotive Air Conditioning Compressor Market by Vehicle Type
10.5.6.2.3 Argentina Automotive Air Conditioning Compressor Market by Distribution Channel
10.5.6.3 Rest of South and Central America Automotive Air Conditioning Compressor Market
10.5.6.3.1 Rest of South and Central America Automotive Air Conditioning Compressor Market by Type
10.5.6.3.2 Rest of South and Central America Automotive Air Conditioning Compressor Market by Vehicle Type
10.5.6.3.3 Rest of South and Central America Automotive Air Conditioning Compressor Market by Distribution Channel
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. AUTOMOTIVE AIR CONDITIONING COMPRESSOR MARKET, KEY COMPANY PROFILES
12.1. CALSONIC KANSEI CORPORATION (KKR AND CO. INC.)
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. DELPHI TECHNOLOGIES
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. GARDNER DENVER, INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HANON SYSTEMS
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. HELLA GMBH AND CO. KGAA
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. MICHIGAN AUTOMOTIVE COMPRESSOR, INC.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. MAHLE GMBH
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. OMEGA ENVIRONMENTAL TECHNOLOGIES
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. VALEO S.A.
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. YANTAI SHOUGANG TD AUTOMOTIVE COMPRESSOR CO., LTD.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1. Calsonic Kansei Corporation (KKR and Co. Inc.)
2. Delphi Technologies
3. Gardner Denver, Inc.
4. Hanon Systems
5. HELLA GmbH and Co. KGaA
6. Michigan Automotive Compressor, Inc.
7. Mahle GmbH
8. OMEGA Environmental Technologies
9. Valeo S.A.
10. Yantai Shougang TD Automotive Compressor Co., Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For