Global Automotive Active Purge Pump Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2023 –2030 |
Market Size (Base Year) |
USD 67.50 Billion |
Market Size (Forecast Year) |
USD 107.43 Billion |
CAGR |
|
Major Markets Players |
Global Automotive Active Purge Pump Market, By Material Type (Metal, Non Metal), Components (DC Motor, Sensors, Actuator, Valves), Manufacturing Process (Cutting, Vacuum Forming, Injection Molding), Vehicle Type (Passenger Vehicle, Commercial Vehicle), Sales Channel (OEMs, Aftermarket) – Industry Trends and Forecast to 2030.
Automotive Active Purge Pump Market Analysis and Size
The increasing need to reduce the emissions hydrocarbon evaporation as a result of augmented pollution generated by vehicles all over the globe will enhance the market growth rate. This augmented worry regarding emissions may be addressed by incorporating an automotive active purge pump into automobiles. The “vacuum forming” is expected to be the fastest growing manufacturing process segment owing to its ability to decrease the manufacturing product price along with production time during the forecast period of 2023-2030.
Data Bridge Market Research analyses that the automotive active purge pump market was valued at USD 67.50 billion in 2022 and is expected to reach the value of USD 107.43 billion by 2030, at a CAGR of 5.98% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Automotive Active Purge Pump Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2023 to 2030 |
Base Year |
2022 |
Historic Years |
2021 (Customizable to 2015 - 2020) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Material Type (Metal, Non Metal), Components (DC Motor, Sensors, Actuator, Valves), Manufacturing Process (Cutting, Vacuum Forming, Injection Molding), Vehicle Type (Passenger Vehicle, Commercial Vehicle), Sales Channel (OEMs, Aftermarket) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Continental AG (Germany), Agilent Technologies Inc, (U.S.), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Showa Denko Materials Co., Ltd. (Japan), AKEBONO BRAKE INDUSTRY CO., LTD (Japan), Allied Nippon (India), Nisshinbo Holdings Inc. (Japan), Dial Manufacturing, Inc. (U.S.), Geotech Environmental Equipment Inc, (U.S.), HELLA GmbH & Co. KGaA (Germany), TSURUMI AMERICA, INC (U.S.), Sauermann (France) |
Market Opportunities |
|
Market Definition
An automotive active purge pump is an electrified solution to decrease the emissions of hydrocarbon evaporation from the vehicle. The automotive active purge pump dynamically removed hydrocarbon-laden air from emission canisters and is used to control emissions of evaporation hydrocarbon in the automobile.
Automotive Active Purge Pump Market Dynamics
Drivers
- Increasing sales of passenger vehicles
The demand for the automotive active purge pump increases in passenger vehicles because passenger vehicles have a higher share of sales than commercial vehicles. For instance, the sakes of the passenger vehicle around 75 percent out of total vehicle sales. Therefore, increasing sales of passenger vehicles ultimately surge the demand for the automotive active purge pump, which is expected to drive the market's growth rate during the forecast period.
- Increasing demand of DC motor based automotive active purge pump
Presences of DC motor in automotive active purge pump is expected to drive the market's growth because it is an important component responsible for the movements of automotive active purge pump. A brushless DC motor is a significant component which is required for supply power to the automotive active purge pumps. Moreover, high price of brushless DC motor is the major factor responsible for the substantial market growth. Thus, the market for DC motor estimated to witness the notable expansion of the targeted market over the forecast period.
Opportunities
- Increasing implementation of strict pollution control regulations
Implementation of strict pollution control regulations in numerous developing countries such as Germany, the U.K., and Italy are compelling automakers to manufacture fuel-efficient vehicles. As a result, automakers are looking to decrease the weight of vehicles and their components to increase fuel economy, which will upsurge the integration of active purge pumps in automobiles. Automotive active purge pumps helps in the generation of a continuous flow of gasoline vapours in automobiles and the management of the purge flow. On-board diagnostics testing system (OBD) monitoring systems are also comprised in automotive active purge pumps, which aid in the accurate identification of hydrocarbon evaporations. Moreover, government efforts in several countries to decrease emissions caused by vehicles, and increasing preference for low-emission vehicles among consumer such as battery-powered electric vehicles, hybrid vehicles and plug-in hybrid electric vehicles, are expected to increase sales of automotive active purge pumps and create immense opportunities for the market growth during the forecast period.
Restraints
- Drawbacks associated with automotive active purge pump
Increasing sales of electric and battery-powered vehicles in upcoming years is expected to hamper the market growth during the forecast period. Battery-powered or electric vehicles are zero emission vehicles that do not need an active purge pump. Therefore, all these factors are likely to hamper the demand for the automotive active purge pump during the forecast period.
This automotive active purge pump market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the automotive active purge pump market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Automotive Active Purge Pump Market Scope
The automotive active purge pump market is segmented based on the material type, components, manufacturing process, vehicle type and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material Type
- Metal
- Non Metal
Components
- DC Motor
- Sensors
- Actuator
- Valves
Manufacturing Process
- Cutting
- Vacuum Forming
- Injection Molding
Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
Sales Channel
- OEMs
- Aftermarket
Automotive Active Purge Pump Market Regional Analysis/Insights
The automotive active purge pump market is analyzed and market size insights and trends are provided by country, material type, components, manufacturing process, vehicle type and sales channel as referenced above.
The countries covered in the automotive active purge pump market report are report U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the automotive active purge pump market in revenue growth owing to the increase in awareness regarding stringent emission standards in this region.
Asia-Pacific is projected to be the fastest developing region during the forecast period of 2023-2030. This is mainly owing increase in sales of vehicles in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automotive Active Purge Pump Market Share Analysis
The automotive active purge pump market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive active purge pump market.
Some of the major players operating in the automotive active purge pump market are:
- Continental AG (Germany)
- Agilent Technologies Inc, (U.S.)
- Robert Bosch GmbH (Germany)
- Denso Corporation (Japan)
- Showa Denko Materials Co., Ltd. (Japan)
- AKEBONO BRAKE INDUSTRY CO., LTD (Japan)
- Allied Nippon (India)
- Nisshinbo Holdings Inc. (Japan)
- Dial Manufacturing, Inc. (U.S.)
- Geotech Environmental Equipment Inc, (U.S.)
- HELLA GmbH & Co. KGaA (Germany)
- TSURUMI AMERICA, INC (U.S.)
- Sauermann (France)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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