# Hanon Systems targets 4.4 million electric compressors a year by 2025

Hanon Systems announced at its Virtual Investor Day a goal to expand annual electric compressor production to 4.4 million units by 2025 and reach a 25% global market share. Output will rise at its Pamela plant in Portugal and Dalian plant in China.

- Type: Expansion
- Announced: 2020-11-10
- Where: Pamela plant (Portugal) and Dalian plant (China)
- Status: announced
- Capacity: 4.4 million electric compressors per year by 2025
- Products: electric compressors, heat pump systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Hanon Systems](https://endata.com/companies/2556.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2020111212513808843), 2020-11-12: "announced a goal to expand annual production of electric compressors to 4.4 million units by 2025 and increase its global market share to 25%."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.