The "Electric Vehicle HVAC Market - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Electric Vehicle HVAC was valued at US$5.9 Billion in 2024 and is projected to reach US$9.8 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the electric vehicle HVAC market is driven by a mix of advanced thermal engineering and evolving EV design requirements. The widespread shift toward heat pump-based HVAC systems, which can deliver 50-70% greater energy efficiency compared to resistive heating, is one of the strongest technological drivers. Smart sensor networks and software-defined HVAC control systems are also enhancing load balancing between cabin climate and battery cooling demands. Modular, low-voltage components are reducing space and weight penalties, making HVAC systems more compatible with compact EV chassis designs.

On the application front, the demand for efficient HVAC in electric delivery fleets, long-range electric SUVs, and luxury EV sedans is shaping both design and innovation priorities. Regulatory focus on refrigerant transition, especially toward R-744 (CO2), is accelerating system redesigns across regions. Moreover, rising expectations for air purification, in-vehicle wellness, and adaptive climate features are pushing automakers to invest in more intelligent and energy-conscious HVAC technologies. The growing consumer emphasis on range preservation - especially in winter climates - is reinforcing HVAC as a mission-critical element of EV development.

Report Scope

The report analyzes the Electric Vehicle HVAC market, presented in terms of market value (US$). The analysis covers the key segments and geographic regions outlined below:

• Segments: Component (Compressor, Condenser, Heater Core, Evaporator, Other Components); Technology (BEV, PHEV); End-Use (Passenger Cars, Commercial Vehicles).
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Compressor Component segment, which is expected to reach US$3.3 Billion by 2030 with a CAGR of a 7.1%. The Condenser Component segment is also set to grow at 9.2% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $1.5 Billion in 2024, and China, forecasted to grow at an impressive 8.6% CAGR to reach $1.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 32 companies featured in this Electric Vehicle HVAC market report include:

• Air International Thermal Systems
• Bergstrom Inc.
• BorgWarner Inc.
• Brose Fahrzeugteile SE & Co. KG
• DENSO Corporation
• Eberspacher Group
• Grayson Thermal Systems
• Hanon Systems
• Highly Marelli Holdings Co., Ltd.
• Johnson Electric Holdings Limited
• Kiepe Electric GmbH
• MAHLE GmbH
• Marelli Holdings Co., Ltd.
• Mitsubishi Electric Corporation
• Panasonic Holdings Corporation
• Sanden Corporation
• Toyota Industries Corporation
• Valeo SA
• Visteon Corporation
• Webasto SE

Key Attributes

MARKET OVERVIEW

• Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy
• World Market Trajectories
• How Trump's Tariffs Impact the Market? The Big Question on Everyone's Mind
• Electric Vehicle HVAC - Global Key Competitors Percentage Market Share in 2025
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025

MARKET TRENDS & DRIVERS

• Growth of Passenger and Commercial EVs Drives Investment in Energy-Efficient HVAC Systems
• Increased Focus on Cabin Comfort and Climate Control Enhances Importance of EV-Specific HVAC Units
• OEM Demand for Range-Optimized Heating and Cooling Spurs Development of Heat Pump HVAC Systems
• Integration of Cabin Pre-Conditioning and Remote Climate Apps Boosts Adoption
• Vehicle Electrification Necessitates Transition From Engine Waste Heat to Electrified Heating Solutions
• Inverter-Driven Compressors and Variable Flow Pumps Improve HVAC Efficiency and Responsiveness
• Regulatory Requirements for Battery Thermal Stability Reinforce HVAC Role in Battery Management Systems
• Development of CO2-Based and Low-GWP Refrigerants Aligns With Climate Regulation Trends
• Comfort Features Like Multi-Zone Climate and Air Quality Sensors Create Market Differentiators
• Expansion of Vehicle-to-Grid Technologies Drives Demand for HVAC Load Management Integration
• EV Fleet Operators Seek Predictable HVAC Energy Consumption for Operational Optimization
• Advances in Thermal Insulation Materials Reduce Cabin Heating and Cooling Loads
• Emerging EV Platforms Integrate Centralized Thermal Management Including HVAC and E-Motor Cooling
• Development of Solar-Assisted HVAC Systems Enables Greater Off-Grid Climate Control

For more information about this report visit https://www.researchandmarkets.com/r/e4v78r

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