The E-compressor market will grow from US$3.360 billion in 2025 to US$12.136 billion in 2030 at a CAGR of 29.28%.
E-compressors, or electronic compressors, are advanced devices designed for compressing gases, particularly in various industrial applications. Unlike traditional mechanical compressors, e-compressors utilize electronic control systems and digital technologies to optimize the compression process. These compressors are often employed in sectors such as manufacturing, energy, and transportation.
Electronic control systems in e-compressors enable precise monitoring and adjustment of compression parameters, leading to improved efficiency and performance. They can respond dynamically to changes in demand, ensuring a more adaptable and energy-efficient compression process. Additionally, e-compressors often feature sensors and connectivity, allowing for remote monitoring and control.
The adoption of e-compressors aligns with the broader trend of digitalization and smart technologies in industrial processes. This facilitates enhanced sustainability, reduced energy consumption, and improved overall operational effectiveness in various sectors.
E-compressors find application in electric vehicles, and there is a rising inclination towards electrically powered air-conditioner systems due to the growing demand for electric vehicles. The market is expected to witness an increase in the adoption of smaller and lighter e-compressors. A notable development in the global e-compressor sector is the emergence of smart e-compressors that can be controlled through smartphones and diverse electronic devices. The surge in the popularity of electric cars is also poised to contribute to the global e-compressor market growth in the future.
The 2023 release of the IEA’s annual Global Electric Vehicle Outlook reveals a remarkable surge in electric vehicle (EV) sales, escalating from approximately 1 million in 2017 to surpassing 10 million in 2022 within just five years. In the preceding five years from 2012 to 2017, the growth from 100,000 to 1 million EV sales highlights the exponential trajectory of EV market expansion. The proportion of electric cars in total car sales experienced a substantial increase from 9% in 2021 to 14% in 2022, marking over a tenfold rise compared to their share in 2017. Despite this growth, the global EV fleet's electricity consumption in 2022, amounting to about 110 TWh, constitutes less than 0.5% of the present total final electricity consumption worldwide. Additionally, the utilization of EVs led to the displacement of around 0.7 Mb/d (1.3 EJ) of oil in 2022.
One of the things propelling the market expansion is the strict regulations on vehicle efficiency and emissions. Moreover, the legal requirements controlling air pollutants released into the environment are reflected in the emission models. An emission performance standard is a cap that establishes the upper limit that various car emissions control technologies can't exceed. Furthermore, the conventional belt-driven compressor increases the workload on the engine, which lowers the vehicle's performance and efficiency and raises emissions, which contribute to the market's growth.
The automotive e-compressor market is largely driven by the profitable global presence of industry contributors. Additionally, the use of air conditioners in these cars and recent advancements in e-vehicles support the market growth during the projection period. Furthermore, the opportunity factor for market growth during the forecast period is the industry players' increased competition.
Furthermore, these vendors have benefited from the wide range of cutting-edge products offered by some of the industry leaders. Therefore, it is expected that the increasing number of local vendors will increase competition in the automotive e-compressors market. Cars that are environmentally friendly and fuel-efficient are necessary to reduce carbon emissions due to the rising levels of pollution in the world. The global market is being driven by customers' increasing awareness of the need to use fuel-efficient solutions.
The e-compressor market predominantly serves the automotive sector, playing a crucial role in thermal management by regulating refrigerants under pressure. These compressors efficiently transform low-pressure gas into high-pressure gas. Their widespread application in electric vehicles aligns with government initiatives aimed at promoting the adoption of electric vehicles in the United States. For instance, the Federal Government has set a goal to make half of all the new vehicles sold in the United States in 2030 zero-emission vehicles and to build a continent-wide and equitable network of 5,00,000 charging stations to make electric vehicles accessible to Americans for both local and long-distance trips. Such initiatives are expected to further increase the use of e-compressors in electric vehicles and push the market in an upward direction. Taking advantage of this increased demand for e-compressors, companies are launching new and innovative products in the market. For instance, in July 2023, Atlas Copco launched the XATS 900E electric portable compressor. The XATS 900E will deliver compressed air from 7 to 10 bars with a flow of up to 25m3/min, while it offers users the advantage of reduced running costs and reduced requirements for maintenance.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2025 | US$3.360 billion |
| Market Size Value in 2030 | US$12.136 billion |
| Growth Rate | CAGR of 29.28% from 2025 to 2030 |
| Study Period |
2020 to 2030 |
| Historical Data |
2020 to 2023 |
| Base Year | 2025 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered |
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| Companies Covered |
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| Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| Customization Scope | Free report customization with purchase |