Global Automotive Active Purge Pump Market Size, Trends and Growth Opportunity, 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) By Region and forecast till 2027.
Report ID : IR1001115 | Industries : Automotive and Transportation | Published On :May 2024 | Page Count : 254
Global Automotive Active Purge Pump Market Size, Trends and Growth Opportunity, 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) By Region and forecast till 2027.
Global Automotive Active Purge Pump Market
Global Automotive Active Purge Pump Market was valued at USD 3,144.71 Million in 2021 and is slated to reach at USD 6,677.50 Million by 2027 at a CAGR of 7.19 % from 2022-2027.
An electrified method to reduce vehicle emissions from hydrocarbon evaporation is an automobile active purge pump. The automotive active purge pump is used to dynamically remove air that had hydrocarbon-filled from emission canisters and is used to regulate evaporative hydrocarbon emissions in cars.
Market Drivers
Due to the larger sales percentage of passenger vehicles compared to commercial vehicles, there is an increase in demand for automotive active purge pumps. For instance, around 75% of all vehicle sales go towards the purchase of passenger vehicles. The demand for automotive active purge pumps consequently increased as a result of rising passenger vehicle sales, and this is what is anticipated to drive the market's growth rate over the course of the projected year. Because the DC motor is a crucial component that controls the movement of the automotive active purge pump, its presence in this component is anticipated to fuel market expansion. A brushless DC motor is a crucial part that is used to power the active purge pumps in automobiles. In addition, the high cost of brushless DC motors is the main cause of the significant market expansion. As a result, it is anticipated that the targeted market would expand noticeably on the DC motor market during the projection period.
Market Restraints
Market expansion is anticipated to be hampered during the projected period by rising sales of electric and battery-powered vehicles in the coming years. Vehicles that run on batteries or electricity have no emissions and do not require an operational purge pump. Hence, during the projection period, all of these issues are projected to reduce demand for automotive active purge pumps.
Impact of COVID-19
Three main implications of COVID-19 on the world economy are: direct impact on demand and manufacturing; market and supply chain disruption; and financial impact on companies and financial markets. The pandemic has affected the market for automotive components, exposing the automotive industry to short-term supply and demand issues. COVID-19 has also had an impact on the globalization and interrelated economic activity in the majority of countries. As a result, the near- and medium-term outlook for high-cost producers, smallholders, and high-debt enterprises appears to be more difficult than ever. A change in business model may emerge from certain significant corporations' ambitions to diversify into new markets.
Recent Developments
Electric automobile active purge pumps with variable pump speed and optimal emission management were first demonstrated by Rheinmetall Automotive in 2018.
Market Segmentation
Global Automotive Active Purge Pump Market is segmented into By Material Type, Components, Manufacturing Process, Vehicle Type, Sales Channel. By Material Type such as Metal, Non Metal. By Components such as DC Motor, Sensors, Actuator, Valves. By Manufacturing Process such as Cutting, Vacuum Forming, Injection Molding. By Vehicle Type such as Passenger Vehicle, Commercial Vehicle. By Sales Channel such as OEMs, Aftermarket.
Regional Analysis
Global Automotive Active Purge Pump Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to increased knowledge of the region's strict emission requirements, Europe currently leads the world in terms of revenue growth for automotive active purge pumps. Over the forecast period of 2022–2027, the Asia–Pacific is expected to experience the quickest rate of development. This is primarily due to an increase in automobile sales in this area.
Key Players
This report includes a list of numerous Key Players, namely Agilent Technologies Inc, (U.S.), Robert Bosch GmbH (Germany), Denso Corporation (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 Taxonomy
By Material Type
• Metal
• Non Metal
By Components
• DC Motor
• Sensors
• Actuator
• Valves
By Manufacturing Process
• Cutting
• Vacuum Forming
• Injection Molding
By Vehicle Type
• Passenger Vehicle
• Commercial Vehicle
By Sales Channel
• OEMs
• Aftermarket
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Automotive Active Purge Pump Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Automotive Active Purge Pump Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Automotive Active Purge Pump Market, By Material Type
5.1 Y-o-Y Growth Comparison, By Material Type
5.2 Global Automotive Active Purge Pump Market Share Analysis, By Material Type
5.3 Global Automotive Active Purge Pump Market Size and Forecast, By Material Type
5.3.1 Metal
5.3.2 Non Metal
6 Global Automotive Active Purge Pump Market, By Components
6.1 Y-o-Y Growth Comparison, By Components
6.2 Global Automotive Active Purge Pump Market Share Analysis, By Components
6.3 Global Automotive Active Purge Pump Market Share Analysis, By Components
6.3.1 DC Motor
6.3.2 Sensors
6.3.3 Actuator
6.3.4 Valves
7.Global Automotive Active Purge Pump Market, By Manufacturing Process
7.1 Y-o-Y Growth Comparison, By Manufacturing Process
7.2 Global Automotive Active Purge Pump Market Share Analysis, By Manufacturing Process
7.3 Global Automotive Active Purge Pump Market Share Analysis, By Manufacturing Process
7.3.1 Cutting
7.3.2 Vacuum Forming
7.3.3 Injection Molding
8. Global Automotive Active Purge Pump Market, By Propulsion
8.1 Y-o-Y Growth Comparison, By Propulsion
8.2 Global Automotive Active Purge Pump Market Share Analysis, By Propulsion
8.3 Global Automotive Active Purge Pump Market Share Analysis, By Propulsion
8.3.1 Passenger Vehicle
8.3.2 Commercial Vehicle
9. Global Automotive Active Purge Pump Market, By Sales Channel
9.1 Y-o-Y Growth Comparison, By Sales Channel
9.2 Global Automotive Active Purge Pump Market Share Analysis, By Sales Channel
9.3 Global Automotive Active Purge Pump Market Share Analysis, By Sales Channel
9.3.1 OEMs
9.3.2 Aftermarket
10 Global Automotive Active Purge Pump Market, By Region
10.1 Global Automotive Active Purge Pump Market Share Analysis, By Region
10.2 Global Automotive Active Purge Pump Market Share Analysis, By Region
11 North America Automotive Active Purge Pump Market and Forecast (2022-2027)
11.1 Introduction
11.2 North America Automotive Active Purge Pump Market Share Analysis, By Material Type
11.3 North America Automotive Active Purge Pump Size and Forecast, By Components
11.4 North America Automotive Active Purge Pump Market, By Manufacturing Process
11.5 North America Automotive Active Purge Pump Market Size and Forecast, By Propulsion
11.6 North America Automotive Active Purge Pump Market Share Analysis, By Sales Channel
11.7 North America Automotive Active Purge Pump Market Size and Forecast, By Country
11.7.1 U.S
11.7.2 Canada
11.7.3 Mexico
12 Europe Automotive Active Purge Pump Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Europe Automotive Active Purge Pump Market Share Analysis, By Material Type
12.3 Europe Automotive Active Purge Pump Market Size and Forecast, By Components
12.4 Europe Automotive Active Purge Pump Market, By Manufacturing Process
12.5 Europe Automotive Active Purge Pump Market Size and Forecast, By Propulsion
12.6 Europe Automotive Active Purge Pump Market Share Analysis, By Sales Channel
10.7 Europe Automotive Active Purge Pump Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4 Rest of Europe
13 Asia Pacific Automotive Active Purge Pump Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Asia-Pacific Automotive Active Purge Pump Market Size and Forecast, By Material Type
13.3 Asia-Pacific Automotive Active Purge Pump Market Size and Forecast, By Components
13.4 Asia-Pacific Automotive Active Purge Pump Market, By Manufacturing Process
13.5 Asia-Pacific Automotive Active Purge Pump Market Size and Forecast, By Propulsion
13.6 Asia-Pacific Automotive Active Purge Pump Market Share Analysis, By Sales Channel
11.7 Asia-Pacific Automotive Active Purge Pump Market Size and Forecast, By Country
11.7.1 China
11.7.2 Japan
11.7.3 India
11.5.4. Rest of Asia Pacific
14 Latin America Automotive Active Purge Pump Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Latin America Automotive Active Purge Pump Market Size and Forecast, By Material Type
14.3 Latin America Automotive Active Purge Pump Market Size and Forecast, By Components
14.4 Latin America Automotive Active Purge Pump Market, By Manufacturing Process
14.5 Latin America Automotive Active Purge Pump Market Size and Forecast, By Propulsion
14.6 Latin America Automotive Active Purge Pump Market Share Analysis, By Sales Channel
14.7 Latin America Automotive Active Purge Pump Market Size and Forecast, By Country
14.7.1 Brazil
14.7.2.Rest of Latin America
15 Middle East Automotive Active Purge Pump Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Middle East Automotive Active Purge Pump Market Share Analysis, By Material Type
15.3 Middle East Automotive Active Purge Pump Market Size and Forecast, By Components
15.4 Middle East Automotive Active Purge Pump Market, By Manufacturing Process
15.5 Middle East Automotive Active Purge Pump Market Size and Forecast, By Propulsion
15.6 Middle East Automotive Active Purge Pump Market Share Analysis, By Sales Channel
15.7 Middle East Automotive Active Purge Pump Market Size and Forecast, By Country
15.7.1. Saudi Arabia
15.7.2. UAE
15.7.2. Egypt
15.7.4. Kuwait
15.7.5. South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1. Agilent Technologies Inc, (U.S.)
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2. Robert Bosch GmbH (Germany)
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. Denso Corporation (Japan)
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4. Allied Nippon (India)
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5. Nisshinbo Holdings Inc. (Japan)
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6. Dial Manufacturing, Inc. (U.S.)
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7. Geotech Environmental Equipment Inc, (U.S.)
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8. HELLA GmbH & Co. KGaA (Germany)
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9. TSURUMI AMERICA, INC (U.S.)
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10. Sauermann (France)
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies