Automotive E-compressor Market Set for Substantial Growth Amid Rising Demand for Electric and Hybrid Vehicles | FMI Reports

The global automotive e-compressor market is projected to generate revenue of USD 1,730.7 million in 2023. With an anticipated CAGR of 11.3%, the market is expected to grow, reaching a valuation of USD 5,048.5 million by 2033. The global automotive E-compressor market is poised for strong growth over the forecast period as electric and hybrid …

Automotive E-Compressor Market Speeds Towards US$ 5,048.5 Million by 2033 with 11.3% CAGR Growth

The automotive e-compressor market is predicted to be worth US$ 1,730.7 Million in 2023 and rise to US$ 5,048.5 Million by 2033. The global industry was expanding at a CAGR of 7.3% from 2018 to 2022. The demand for automotive e-compressor is driven by the increased popularity of vehicle electrification or hybridization during the projected …