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Global Automotive Electric HVAC Compressor Market By Vehicle Type, By Drivetrain, By Cooling Capacity, By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 – 2027

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New York, Aug. 31, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Automotive Electric HVAC Compressor Market By Vehicle Type, By Drivetrain, By Cooling Capacity, By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 – 2027” – https://www.reportlinker.com/p06131407/?utm_source=GNW
In an electric vehicle, the compressor is required to perform the cooling of the complete cabin and the battery pack.

Electric compressor is beneficial in protecting the battery from overheating and eventually the vehicle from collapsing. Therefore, an electric HVAC compressor is considered as a crucial part of the complete functioning of an electric vehicle. The adoption of electric vehicles has been fueled by the growing fuel costs along with the rising awareness regarding environmental protection, thereby augmenting the demand for electric HVAC compressors.

Though, the growth of the automotive electric HVAC compressor market would be hampered by the huge initial costs and maintenance costs related to the electric HVAC compressors. The implementation of electric HVAC compressors includes heavy-duty electric wiring, which eventually surges the overall cost of the system. Repairs and maintenance of electric compressors is also a complicated task needing optimum level expertise, hence increasing the overall cost.

In addition to it, the demand for electric vehicles is directly proportional to the sales of electric compressors. Though, the sales of electric vehicles are going through a decline phase due to the huge cost and range anxiety related to electric vehicles. However, the consumers would be encouraged to choose electric vehicles due to the factors like technological advancements, the introduction of new products, and the constant implementation of electric chargers and charging stations, hence boosting the demand for electric HVAC compressors during the forecast period.

COVID-19 Impact

The outbreak of the COVID-19 pandemic has adversely affected the global automotive industry. In addition to it, it is expected that the automotive sector will require at least 4 years to completely recover and run according to the regular business norms. Such possibilities are acting as barriers for stakeholders in the automotive AC compressor market. Players operating in the global automotive AC compressor market are embracing the plug-and-play method in order to adapt to the gradual growth in the global industry. Car manufacturers are forced to enhance their focus on electric vehicles (EV) due to the changing demand and supply scenario. This is because customers are getting more aware of their expenditures and willing to make a long-term investment to procure different kinds of goods and commodities.

Vehicle Type Outlook

Based on Vehicle Type, the market is segmented into Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV) and Others. In 2020, the passenger vehicle segment obtained the maximum revenue share of the automotive electric HVAC compressor market. Electric compressors are highly deployed to enhance the range of passenger vehicles, manufacturing of which is increasing substantially.

Drivetrain Outlook

Based on Drivetrain, the market is segmented into Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicles (PHEV) and Battery Electric Vehicles (BEV). The hybrid electric vehicles segment garnered the highest revenue share of the global automotive electric HVAC market because hybrid electric vehicles (HEVs) provide a dual fuel option. Electric compressors are independent of the engine of the vehicle and help in achieving higher fuel efficiency. Due to this, the deployment of electric compressors in HEVs would gain high popularity in the next few years.

Cooling Capacity Outlook

Based on Cooling Capacity, the market is segmented into 20-40 CC, Less Than 20 CC, 40-60 CC and Others. In 2020, the less than 20 CC segment procured the second-highest share. This is credited to the installation of these compressors in smaller vehicles. However, compressors that belong to this segment are very small to be deployed in commercial vehicles because of their lesser heat-absorbing capacity. But their deployment would surge due to the increasing popularity of smaller vehicles.

Regional Outlook

Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Europe obtained the second-highest revenue share in 2020 due to the existence of various automotive OEMs in the region. In addition to it, the acceptance of electric vehicles is increasing substantially across Europe on account of the strict greenhouse gas emission regulations formulated by the EU.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Denso Corporation, Toyota Industries Corporation, Valeo SA, Aptiv PLC, Panasonic Corporation, Brose Fahrzeugteile SE & Co. KG, BorgWarner, Inc., Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.), Mahle GmbH (Mahle Stiftung GmbH), and Sanden Holdings Corporation.

Strategies deployed in Automotive Electric HVAC Compressor Market

Apr-2021: Sanden Huayu Automotive Air-Conditioning joined hands with ROHM Semiconductor. This collaboration aims to strengthen their collaborative partnership and accelerate technical innovation in the automotive industry by offering power solutions, which fulfill both customer requirements and market trends.

Apr-2021: Toyota Industries Corporation teamed up with Siemens, a German multinational conglomerate company. This collaboration aims to make artificial intelligence (AI), which can forecast product defects in aluminum die casting, a major process in automotive air conditioning compressor production. It further enhances quality and productivity by using the AI application in Industrial Edge, the Siemens edge computing platform for the industry.

Mar-2021: Hanon Systems expanded its global footprint by building its fifth plant in Korea. The facility would make a variety of solutions that includes heat pump modules and coolant valve assemblies to complement electric vehicles for the Genesis brand & Ioniq 5 model of the Hyundai Motor Group.

Dec-2019: Denso launched its new full electrical rooftop HVAC system with two combined electrical compressors, made for electric buses in 9 meters plus segment. This product is developed especially for Asian markets; another variant with a more efficient heat pump system would also be showcased for the European and North American users.

Nov-2019: Valeo released an all-electric, roof-mounted, zero-emission R744 (CO2) HVAC unit with a heat pump function. It is developed for buses with alternative drives. This fully automatic, energy-efficient system chooses the suitable operating mode, which changes from air conditioning to heat pump or de-icing.

Oct-2018: MAHLE expanded its geographical footprint by establishing its first production plant for electric compressors. This plant would manufacture e-compressors for global automobile manufacturers at the production location in Balassagyarmat/Hungary and already got various customer projects.

Aug-2018: BorgWarner came into collaboration with NIO, a Chinese multinational automobile manufacturer. Under this collaboration, BorgWarner would supply its improved high-voltage positive temperature coefficient (PTC) cabin heating technology for the new pure-electric ES8 SUV from NIO. The improved heating solution instantly warms the cabin & defrosts windows for increased comfort & driving visibility.

Jul-2018: Sanden Huayu Automotive Air Conditioning expanded its production capability by establishing a new plant in Pudong New Area, Shanghai. Huayu Sanden has continued its compressor manufacturing & development for the domestic users in China at its Shilong plant.

Jan-2018: Hanon Systems partnered with FAWER Automotive Parts Limited Company to set up its second joint venture with the company. Together, the companies aimed to establish a joint venture, under which Hanon Systems holds majority stakes at 55 percent and FAWER holds the remaining 45 percent. This new joint venture named FAWER Hanon Automotive Components Co., Ltd. and at the beginning produces electric compressors along with fluid transport components, and exhaust gas recirculation modules & parts from a manufacturing site in Changchun, China.

Sep-2017: BorgWarner collaborated with a globally known EV automaker. Under this collaboration, the company would supply its improved high-voltage positive temperature coefficient (PTC) cabin heating technology for the EV automaker. BorgWarner’s technology features more effective usage of energy and also offering fast cabin heating.

Scope of the Study

Market Segments covered in the Report:

By Vehicle Type

• Passenger Vehicle

• Light Commercial Vehicle (LCV)

• Heavy Commercial Vehicle (HCV)

• Others

By Drivetrain

• Hybrid Electric Vehicles (HEV)

• Plug-in Hybrid Electric Vehicles (PHEV)

• Battery Electric Vehicles (BEV)

By Cooling Capacity

• 20-40 CC

• Less Than 20 CC

• 40-60 CC

• Others

By Geography

• North America

o US

o Canada

o Mexico

o Rest of North America

• Europe

o Germany

o UK

o France

o Russia

o Norway

o Netherlands

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o Singapore

o Taiwan

o Rest of Asia Pacific

• LAMEA

o Brazil

o Argentina

o UAE

o Saudi Arabia

o South Africa

o Nigeria

o Rest of LAMEA

Companies Profiled

• Denso Corporation

• Toyota Industries Corporation

• Valeo SA

• Aptiv PLC

• Panasonic Corporation

• Brose Fahrzeugteile SE & Co. KG

• BorgWarner, Inc.

• Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.)

• Mahle GmbH (Mahle Stiftung GmbH)

• Sanden Holdings Corporation

Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free
Read the full report: https://www.reportlinker.com/p06131407/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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Artificial Intelligence

Digital China’s Guo Wei Shares ‘China’s Sample’ of Global Digital Innovation with London Business School

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LONDON, May 22, 2024 /PRNewswire/ — On May 21st, at the invitation of London Business School (LBS), Guo Wei, Chairman of Digital China, participated in the esteemed “Managing the Digital Organization” lecture, engaging with a cohort of prospective business leaders. Focusing on the trending topics of ‘Artificial Intelligence’ and ‘Digital Transformation’, he imparted the digital philosophy and practices of Chinese enterprises amidst the digital civilization era.

Digital China, a prominent player in China’s digital economy, has harnessed over two decades of deep involvement in the nation’s information industry to embrace the power of digitization. This has culminated in what Guo Wei refers to as ‘China’s Vibrant Blueprint for Digital Transformation’, carving a distinctive path of digital metamorphosis. Notably, Digital China’s transformation narrative has been incorporated into LBS’s esteemed case library, underscoring its significance as a teaching instrument.
In his lecture, Guo Wei emphasized that the digital economy now constitutes the backbone of supply, with digital technology emerging as the paramount catalyst for economic expansion. The hastening pace of global digitization propels us into an epoch of digital civilization. For multinational corporations, digital strategies have escalated to the status of corporate strategy, and the amassing of data assets constitutes the pivotal lever for business innovation. Amidst this evolution, AI-fueled digital-cloud integration signifies a disruptive technological innovation, poised to invigorate the global landscape. Digital China feels honored to reprise its role in elite international business school case repositories, thereby contributing insights to academia. This recognition signifies that Chinese enterprises’ digital and AI acumen resonates globally, exemplifying world-class practices.
Professor Julian Birkinshaw, Vice Dean and Professor of Strategy and Entrepreneurship at LBS, remarked, “As a global institution, we constantly seek out exemplary cases worldwide. Digital China was chosen not solely due to its prominence in China but also its sophisticated implementation of digital technologies, demonstrating adaptability and offering invaluable insights to our students about the contemporary business milieu. The story of Digital China encapsulates Mr. Guo Wei’s philosophy – digitization transcends being a mere process; it embodies the existential rationale for companies. This philosophy underpins our decision to feature Digital China in our case studies.”
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Saviynt Appoints James Ross as RVP-ANZ to Strategically Accelerate Growth in the Australia and New Zealand Region

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LOS ANGELES, May 22, 2024 /PRNewswire/ — Saviynt, a leading provider of cloud-native identity and governance platform solutions, today announced the appointment of James Ross as RVP-ANZ as the company has seen rapid growth in the Australia and New Zealand (ANZ) region, with double digit growth year over year.

Saviynt has solidified its position as a key player in the cloud identity security landscape with its Identity Cloud. The company’s continued focus on innovation and client satisfaction has contributed significantly to building a safer Australia with prominent customers across the energy and utilities, finance, retail, energy, and transport and logistics sectors.
“James’ appointment as the Regional Vice President (RVP) for ANZ marks a strategic move to accelerate growth and solidify market presence in the region,” said Dan Mountstephen, SVP APAC at Saviynt. “With a proven track record of dynamic leadership at Collibra, ForgeRock, and CA Technologies, James brings a wealth of experience and expertise to the role. His visionary approach and collaborative spirit are poised to inspire and mobilize teams toward ambitious targets.”
Saviynt has consistently expanded its client base and deepened its relationships with existing customers through customized solutions and unparalleled support, cementing its reputation as a trusted partner in the region’s cybersecurity ecosystem. As RVP ANZ, Ross is set to foster key partnerships and implement agile strategies to propel the company towards new heights of success in the dynamic ANZ market.
“Joining Saviynt excites me because it’s an opportunity to help more organizations simplify their identity ecosystem in order to drive efficiencies and improved security posture. I am committed to leveraging Saviynt’s cutting-edge solutions to continue to broaden our partnerships in the region to improve our accessibility for customers, strengthen our regional delivery, whilst continuing to provide a great customer experience,” said Ross.
To learn more about Saviynt, please visit our website.
About Saviynt
Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt’s cutting-edge solutions have been recognized as industry leaders. For more information, please visit www.saviynt.com.
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Jacklyn [email protected]
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Appdome Sweeps Cybersecurity Excellence Awards

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Unified Mobile Defense Platform Recognized for Innovation and Leadership Across Nine Cybersecurity Categories
REDWOOD CITY, Calif., May 21, 2024 /PRNewswire/ — Appdome, the mobile app economy’s one-stop shop for mobile defense, today announced it has received a total of nine (9) Cybersecurity Excellence Awards. The Appdome Unified Mobile App Defense Platform was awarded best in class across nine categories in recognition of the comprehensive breadth, depth and value of the Appdome platform to brands and enterprises alike.

“We congratulate Appdome on being recognized as an award winner in 9 categories of the 2024 Cybersecurity Excellence Awards,” said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 600,000-member Information Security Community on LinkedIn, which organizes the 9th annual Cybersecurity Excellence Awards. “With over 600 entries across more than 300 categories, the awards are highly competitive. Appdome’s achievement reflects outstanding commitment to the core principles of excellence, innovation, and leadership in cybersecurity.”
Within a single pane of glass, Appdome delivers the most complete set of no-code, no-SDK, fully automated mobile defenses to mobile brands and enterprises, empowering mobile developers, cybersecurity, fraud and IT teams to deliver on any mobile cyber objective quickly and easily.
The nine (9) categories in which Appdome received a Cybersecurity Excellence Award are:
Mobile Security Platform: Appdome is the only enterprise-grade mobile security platform built for full mobile defense lifecycle management, visibility and control to brands and enterprises alike, including key features for build, test, release, monitor, response, and compliance automation. Mobile Security Automation: Appdome is the only mobile defense solution that uses machine learning to code and build over 300+ mobile app security, anti-fraud, anti-cheat, anti-malware, anti-bot, geo-compliance and other defenses in Android & iOS apps in the DevOps pipeline.Mobile Social Engineering Defense:  The Appdome Social Engineering Prevention solution is the first of its kind to protect mobile users from voice phishing (Vishing) scams and other imposter scams, T.O.A.D. attacks, Remote Access Trojans (RATs), Gold Pickaxe, FaceID bypass and more without an SDK or external servers.Mobile Bot Defense: The Appdome MOBILEBot™ Defense solution is the first mobile anti-bot solution to come out of the box compatible with any industry standard web application firewall (WAF) on the market and provide multi-layered bot, credential stuffing and Account Take Over (ATO) defense without an SDK, external server, performance limits, or restrictions.Mobile Geo Compliance:  Only the Appdome Mobile Geo-Compliance solution guarantees accurate and authentic geo location of mobile devices, applications and users without code or coding in the mobile app, without implementing an SDK and without deploying additional servers.Mobile XDR: The Appdome ThreatScope™ Mobile XDR solution is the only mobile attack and threat monitoring service that comes pre-packaged into the mobile defense lifecycle, requires no device agent, device profile, separate code, coding, SDK or server, and provides real-time detection and automated response across internal (employee facing) and external (consumer facing) Android & iOS apps.DevOps Mobile Security Tool: The Appdome platform’s fully integrated Security Release Management™ capabilities and Appdome Certified Secure™ mobile DevSecOps certification offer the only true enterprise-grade compliance assurance, audit and control for mobile defense at brands and enterprises, allowing quick verification that all security, anti-fraud and compliance objectives have been met.   Mobile Application Security:  With 300+ separate defenses for mobile apps, Appdome has the most comprehensive set of mobile application security features available in one product, fully compatible with all mobile Android & iOS apps.”Nine Cybersecurity Excellence Awards for Mobile Defense tells a very compelling story for the incredibly complex Dev, Sec, and Ops challenges organizations face detecting and defeating mobile-based risks and attacks,” said Chris Roeckl, Chief Product Officer at Appdome. “Point products make these challenges worse by adding complexity and overloading already taxed cyber and engineering teams. Appdome is the only platform simplifying work, bringing all these unique challenges under a single pane of glass, delivering 300+ protections and simultaneously resolving the security, fraud, resilience and compliance challenges brands and enterprises face.”
Learn more about the award-winning Appdome Platform at www.appdome.com or request a personalized demo at https://www.appdome.com/request-a-demo/appdome-home/
The full list of awards are available from the Cybersecurity Excellence Awards website  https://cybersecurity-excellence-awards.com/
About AppdomeThe Appdome mission is to protect every mobile app and mobile user in the world. Appdome provides the mobile industry’s only Unified Mobile App Defense platform, powered by a patented mobile coding engine, Threat-Events™ Threat-Aware UX/UI Control, and ThreatScope™ Mobile XDR. Using Appdome, mobile brands eliminate complexity, ship faster and save money by delivering 300+ Certified Secure™ mobile app security, anti-malware, anti-fraud, mobile anti-bot, anti-cheat, geo compliance, MiTM attack prevention, code obfuscation, social engineering and other protections in Android and iOS apps with ease, inside the mobile DevOps and CI/CD pipeline. Leading financial, healthcare, government and m-commerce brands use Appdome to protect Android and iOS apps, mobile customers and mobile businesses globally. Appdome holds several patents including U.S. Patents 9,934,017 B2, 10,310,870 B2, 10,606,582 B2, 11,243,748 B2 and 11,294,663 B2. Additional patents pending.
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