Global Automotive Electric Vacuum Pump Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Diaphragm, Leaf and Swing Piston.

By Application;

Electric Vehicle - Battery Electric Vehicle, Hybrid Electric Vehicle and Plug-in Hybrid Electric Vehicle, Gasoline Vehicle.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn825408813 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Automotive Electric Vacuum Pump Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Electric Vacuum Pump Market was valued at USD 1,906.25 million. The size of this market is expected to increase to USD 3,810.33 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 10.4%.

The global automotive electric vacuum pump market is witnessing significant growth driven by the increasing demand for fuel-efficient vehicles and the rising adoption of electric and hybrid vehicles. Electric vacuum pumps play a crucial role in improving the performance and efficiency of modern automotive systems, particularly in vehicles equipped with advanced technologies such as electric powertrains and hybrid drivetrains. These pumps are responsible for maintaining the required vacuum levels in various vehicle systems, including brake boosters, exhaust gas recirculation (EGR) systems, and heating, ventilation, and air conditioning (HVAC) systems, contributing to improved fuel economy, reduced emissions, and enhanced overall vehicle performance.

One of the primary drivers of the global automotive electric vacuum pump market is the growing regulatory pressure to reduce vehicle emissions and improve fuel efficiency. Stringent emissions regulations imposed by governments worldwide, along with the increasing focus on environmental sustainability, are compelling automotive manufacturers to adopt innovative technologies to enhance the efficiency of their vehicles. Electric vacuum pumps offer a viable solution to meet these regulatory requirements by optimizing the operation of vehicle systems and reducing parasitic losses associated with traditional mechanical vacuum pumps, thereby contributing to lower fuel consumption and reduced greenhouse gas emissions.

The rising popularity of electric and hybrid vehicles is fueling the demand for automotive electric vacuum pumps. As automakers transition towards electrification to address environmental concerns and meet consumer demand for greener transportation options, the integration of electric vacuum pumps becomes imperative to ensure the efficient operation of vehicle systems. Electric vacuum pumps offer several advantages over their mechanical counterparts, including higher efficiency, reduced weight and size, and greater flexibility in design and integration, making them well-suited for use in electric and hybrid vehicles. As a result, the global automotive electric vacuum pump market is expected to witness substantial growth in the coming years, driven by the expanding electric and hybrid vehicle market and the ongoing technological advancements in automotive engineering.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Automotive Electric Vacuum Pump Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Electric and Hybrid Vehicles
        2. Stringent Emissions Regulations
        3. Advancements in Vehicle Technologies
        4. Lightweight and Compact Design
        5. Enhanced Performance and Efficiency
      2. Restraints
        1. High Initial Cost
        2. Reliability Concerns
        3. Limited Market Penetration
        4. Power Consumption
        5. Packaging Constraints
      3. Opportunities
        1. Integration with Advanced Driver Assistance Systems
        2. Integration with Electric Brake Systems
        3. Expansion in Emerging Markets
        4. Integration with Energy Recovery Systems
        5. Collaboration with Automotive OEMs
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Electric Vacuum Pump Market, By Type, 2020 - 2030 (USD Million)
      1. Diaphragm
      2. Leaf
      3. Swing Piston
    2. Global Automotive Electric Vacuum Pump Market, By Application, 2020 - 2030 (USD Million)
      1. Electric Vehicle
        1. Battery Electric Vehicle
        2. Hybrid Electric Vehicle
        3. Plug-in Hybrid Electric Vehicle
        4. Gasoline Vehicle
    3. Global Automotive Electric Vacuum Pump Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hella GmbH & Co. KGaA
      2. Continental AG
      3. Rheinmetall Automotive AG
      4. Robert Bosch GmbH
      5. Johnson Electric Holdings Limited
      6. Mikuni Corporation
      7. MAHLE GmbH
      8. Hitachi Automotive Systems, Ltd
      9. Youngshin Precision Co., Ltd
      10. Rheinmetall Automotive AG
  7. Analyst Views
  8. Future Outlook of the Market

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