Automotive EVP (Electric Vacuum Pump) Market

Automotive EVP (Electric Vacuum Pump) Market Size

[ 170 + Pages Research Report ]  is expected to cross USD 2.3 billion by 2031 from USD 1.1 billion in 2021 at a CAGR of 7.8% in the coming years, i.e., 2021-31.

The electric vacuum pump is employed when the vacuum needed for the brake booster cannot or is not enough from the vehicle's propulsion engine. This is especially true for gasoline direct injection, diesel, and electric vehicles. Other engine parts including central locking systems, wastegate valves on the exhaust-gas turbocharger, and exhaust gas recirculation valves also require vacuum, which is provided by vacuum pumps.

Market Highlights

Automotive EVP (Electric Vacuum Pump) Market is expected to project a notable CAGR of 7.8% in 2031.

The factors driving the Automotive EVP (Electric Vacuum Pump) Market include fuel efficiency and the increasing number of electric vehicles, as well as a greater emphasis on research and development activities by key players.

Automotive EVP (Electric Vacuum Pump) Market: Segments

Diaphragm Type segment to grow with the highest CAGR during 2021-31

Based on Type, Automotive EVP (Electric Vacuum Pump) Market is fragmented into Leaf Type, Diaphragm Type, and Swing Piston Type. Due to its predominant use in sedans and SUVs, the diaphragm is the most lucrative category of the automotive electric vacuum pump market in terms of revenue. Diaphragm vacuum pumps are portable and have a small footprint. Additionally, they are popular in vehicles since they are simple to install into disc and drum brakes.

Passenger Cars segment to grow with the highest CAGR during 2021-31

Automotive EVP (Electric Vacuum Pump) Market is classified on the basis of Vehicle Type into Passenger Cars, Light Commercial Vehicles (LCV), and Heavy Commercial Vehicles (HCV). Passenger Cars segment is expected to be at a significant growth rate in the market during the forecast period. Increasing funds by the premium car producers to manufacture new products with advanced qualities, and the increasing perforation of direct fuel insertion systems in vans and trucks are expected to drive the Automotive Electric Vacuum Pump Market growth over the forecast period.

Market Dynamics

Drivers

Growing Demand for Automotive EVP Market

Acceptance of automotive EVPs has enhanced vehicle fuel effectiveness, which is driving the rise of the automotive EVP market. So, excess use of energy by mechanical pumps is skipped. On-demand pump service provides pump's capacity for longer duration service, as well as expands the motor's life. Absence of a mechanical pump lowers the load on the engine's lubrication, as the vacuum pump does not need additional oil. This helps to have compressed pump design for updating engine effectiveness. Advantage of this system is fuel conservation; enhancement of quality and it avoids the excess CO2 emission. Growing demand for mobility services worldwide, as well as rising alertness of global warming and vehicle safety, are driving the adoption of highly fuel-efficient vehicles with automotive EVPs.

Power Breaking Function and Straightforward Mounting Solutions Tend To Be Cost-efficient for Manufacturers

The automotive electric vacuum pump market is rather integrated. Expansion of new products in the market is a real challenge. An increasing amount of money required for research & development tends to be challenging, so market players have to launch well-trained and skilled engineers and developers. This s time taking process throughout product development. To sustain the competition in the automotive electric vacuum pump market is difficult for manufacturers, because this may lead to issues in design, configuration, and simulation. Reduction of engines is a remarkable swing in the market, with smaller engines being turbocharged.

Restraint

Breaking System Is Predicted to Restrict Market Growth

When automotive EVPs fail, it leads to the issues with pressing brake pedal and insufficient vacuum generation. As OEM pumps are not made for an oily environment, they work for a short duration. To get harmony between pumps and oil, some amendments are needed. The components of the pump are essentially made for oil-free air cooling. Fast improvements in mechanical pumps, like capacity of giving more braking force and improvement of vacuum-free braking systems, are predicted to restrict the market\'s growth.

Automotive EVP (Electric Vacuum Pump) Market Key Players:

• Continental AG
• Dalain Haina New Energy Auto Parts Manufacturing Co., Ltd.
• HELLA GmbH & Co. KGaA
• Johnson Electric
• Magna International Inc.
• Toupo Group
• Rheinmetall Automotive AG
• Robert Bosch GmbH
• Valeo SA
• WABCO
• Youngshin Precision, Co., Ltd.
• Other Prominent Players

Automotive EVP (Electric Vacuum Pump) Market: Regions

The Automotive EVP (Electric Vacuum Pump) Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Asia Pacific is considered to be the leading share of the global automotive electric vacuum pump market, due to the high demand for electric vehicles in China. Asia Pacific is having significant rise in the acquisition of electric vehicles, especially in Japan, ASEAN, and India.

Impact of COVID-19 on Automotive EVP (Electric Vacuum Pump) Market

COVID-19 disease has started to spread around the globe in December 2019. Automotive EVP (Electric Vacuum Pump) industries have been affected. The global market size of Automotive EVP (Electric Vacuum Pump) in 2020 is not far more than 2019 due to COVID-19. As of the present situation, the market has overcome the pandemic, and the global Automotive EVP (Electric Vacuum Pump) market size will be increased in the forecast year as per prediction.

Automotive EVP (Electric Vacuum Pump) Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of Asia Pacific
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of Middle East and Africa

Recent Development:

Hella has developed electrical vacuum pump for vehicle brake system, applicable for high efficiency engines, diesel, and super-charged engines, as well as hybrid or fully electric powertrains. New UP5 pumps have CO2 saving capacity more than mechanical pumps.

The Automotive EVP (Electric Vacuum Pump) Market report also contains analysis on:

Automotive EVP (Electric Vacuum Pump) Market Segments:

• By Type  
  • Diaphragm Type
  • Leaf Type
  • Swing Piston Type 
• By Application  
  • Electric Vehicles
  • Gasoline/Diesel Vehicles 
• By Vehicle Type 
  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV) 
• By Sales Channel 
  • OEMs
  • Aftermarket

Automotive EVP (Electric Vacuum Pump) Market Report Scope and Segmentation

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