Automotive Electric Vacuum Pump Market Analysis, Industry Growth Trends & Forecast up to 2027
Category: #business  By Ronak Bora  Date: 2021-08-05
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Automotive Electric Vacuum Pump Market Analysis, Industry Growth Trends & Forecast up to 2027

Automotive electric vacuum pump market is estimated to procure steady growth supported by the rising need in the operation of several engine applications like direct fuel injection and for better fuel efficiency. Electric vacuum pumps are powerful and compact and are used in modern electric vehicles, hybrids, as well as in vehicles that have conventional drivelines. For downsized gasoline engines, small pumps are essential as they guarantee an adequate vacuum level, such as for boosting the braking power.

Automotive electric vacuum pumps are anticipated to witness substantial demand in the aftermarket segment owing to growing electric vehicle sales. As automotive electric vacuum pumps are irreparable, replacing them is the only option. On the other hand, the requirement for ICE propulsion type pumps is likely to grow throughout emerging nations given to the use of direct fuel injection systems in new cars.

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Companies operating in the automotive electric vacuum pump market are focusing on enhancing the operational efficiency of products to have a correct vacuum, even in extreme situations like during cold start or driving at extreme altitudes. In order to serve this demand, several manufacturers are making electric vacuum pumps that are operational only when brakes are applied, which in turn, raises the efficiency of the driveline.

They are also working on forward integration in terms of services like product installation, design, and final assembly, given that aftersales is an important way to gain customer trust. Collaborations and partnerships with vehicle manufacturers is another business strategy being adopted, for achieving direct sales and product development.

Based on vehicle type, the HCV segment is likely to record a CAGR of around 6% on account of expanding logistics and construction industries in Latin America and Asia Pacific. The cost effectiveness of the product is also a key benefit that could boost its adoption.

Meanwhile, the North America automotive electric vacuum pump market held more than 15% share in 2020 credited to large-scale electric vehicle sales and production in the region. Electric vehicle sales in the U.S were recorded above 300,000 in 2020. OEMs are using a wide range of modern and evolved fuel-efficient technologies in gasoline engine vehicles, that is projected to drive product demand.

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Partial Chapter of the Table of Content

Chapter 4   Automotive Electric Vacuum Pump Market, By Propulsion Type

4.1    Global market insights, by propulsion type

4.2    EV

4.2.1    Global market estimates and forecasts, 2017 - 2027

4.2.2    Market estimates and forecast, by region, 2017 - 2027

4.3    ICE

4.3.1    Global market estimates and forecasts, 2017 - 2027

4.3.2    Market estimates and forecast, by region, 2017 - 2027

Chapter 5   Automotive Electric Vacuum Pump Market, By Vehicle

5.1    Global automotive electric vacuum pump market insights, by vehicle

5.2    Passenger Cars

5.2.1    Global market estimates and forecasts, 2017 - 2027

5.2.2    Market estimates and forecast, by region, 2017 - 2027

5.3    LCV

5.3.1    Global market estimates and forecasts, 2017 - 2027

5.3.2    Market estimates and forecast, by region, 2017 – 2027

5.4    HCV

5.4.1    Global market estimates and forecasts, 2017 - 2027

5.4.2    Market estimates and forecast, by region, 2017 - 2027

Chapter 6   Automotive Electric Vacuum Pump Market, By Application

6.1    Global automotive electric vacuum pump market insights, by application

6.2    Brake

6.2.1    Global market estimates and forecasts, 2017 - 2027

6.2.2    Market estimates and forecast, by region, 2017 - 2027

6.3    Engine

6.3.1    Global market estimates and forecasts, 2017 - 2027

6.3.2    Market estimates and forecast, by region, 2017 – 2027

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/automotive-electric-vacuum-pump-market

 

 

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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