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Heating , Ventilation and Cooling(HVAC) of a car is a major criterion in a buyer’s purchasing experience as it has a direct effect on the cabin comfort and overall driving experience.
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Till early 2000`s, >97% of cars produced had reciprocal compressors, which sapped engine power to compress the intake ambient air. But, now as the industry progresses towards fuel efficient and electrified cars, electric/scroll compressors are getting prominence.
To address the issue Sanden will combine its air-conditioning expertise with Nidec’s traction motor and inverter expertise to accelerate the development and commercialization of an integrated thermal management system for air-conditioning and drive systems for future electric vehicles.
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The market for electric HVAC systems will be directly proportional to the growth experienced by the development and sales of electric vehicles. New programs with incentives for the production of electric vehicles by governments and other investors will drive the growth of the industries that supply automotive components and systems.
The Global Automotive Electric HVAC Compressor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
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