Automotive Air condition Compressor Market Insights Video
According to Cognitive Market Research, The Global Automotive Air Condition Compressor market size is USD 8512.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 4.20% from 2023 to 2030.
The demand for automotive air condition compressors is rising due to the growing emphasis on eco-friendly automotive technologies.
Demand for passenger cars remains higher in the automotive air condition compressor market.
The swash plate segment held the highest automotive air condition compressor market revenue share in 2023.
North American automotive air condition compressor will continue to lead, whereas the European automotive air condition compressor market will experience the most substantial growth until 2030.
