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Automotive Active Purge Pump Market (By Material Type: Metal, Non Metal; By Components: Dc Motor, Sensors, Actuator, Valves; By Manufacturing Process: Cutting, Vacuum Forming, Injection Molding; By Sales Channel: OEM’s, Aftermarket; By Vehicle Types: Passenger Vehicle, Commercial Vehicle) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

  • Category : Automotive, Transportation and Logistics
  • Pages : 190 Pages
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  • Status : Published

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The global automotive active purge pump market size is expected to reach over USD 4.1 billion by 2026 and will grow at the CAGR of 67.3% from forecast period 2019-2026.

An automotive active purge pump is an electrified solution to reduce hydrocarbon evaporative emissions from the vehicle. The automotive active purge pump actively extracts hydrocarbon-laden air from the emission canister that is used to control evaporative hydrocarbon emissions in the vehicle. The increasing vehicle sales throughout the globe coupled with increasing environment concern are expected to drive the global automotive active purge pump market during the forecast period 2019-2026. The other factors such as growing demand for electronic systems in vehicles, increasing demand for fuel efficiency, and high penetration of air conditioning systems may propel the growth of the Automotive Active Purge Pump market. Therefore, growing demand for electronic systems in modern vehicles is likely to fuel the growth of the automotive active purge pump market. Additionally, increasing number of electric vehicles in developing countries is likely to boost the global Automotive Active Purge Pump market.

The market research study on “Automotive Active Purge Pump Market - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers a detailed outlook, strategic recommendations, and insightful viewpoints on the global Automotive Active Purge Pump market. The report also analyzes the key players operating in Automotive Active Purge Pump market and identifies the key strategies deployed by them along with the market share of leading players.

The global Automotive Active Purge Pump market is segmented as below:

Automotive Active Purge Pump Market By Material Type

  • Metal
  • Non Metal

Automotive Active Purge Pump Market By Components

  • Dc Motor
  • Sensors
  • Actuator
  • Valves

Automotive Active Purge Pump Market By Manufacturing Process

  • Cutting
  • Vacuum Forming
  • Injection Molding

Automotive Active Purge Pump Market By Sales Channel

  • OEM’s
  • Aftermarket

Automotive Active Purge Pump Market By Vehicle Types

  • Passenger Vehicle
  • Commercial Vehicle

Automotive Active Purge Pump Market by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Sweden
    • Norway
    • Denmark
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Singapore
    • India
    • Rest of Asia-Pacific
  • Rest of the World
    • UAE
    • Qatar
    • Saudi Arabia
    • South Africa
    • Rest of the World

The global Automotive Active Purge Pump market is segmented on the basis of material type, components, manufacturing process, vehicle types, sales channel and position. On the basis of vehicles types the market is segmented into Passenger Vehicle and Commercial Vehicle. On the basis of material type, the global automotive active purge pump market is segmented into Metal and Non Metal. On the basis of sales channel Automotive Active Purge Pump market is bifurcated into OEM, and Aftermarket. Based on component the market is segmented into DC motor, sensors, actuator, valves, and others.

Geographically, the global automotive active purge pump market is segmented into North America, Europe, Asia Pacific, Latin America and The Middle East & Africa (LAMEA).

North America is expected to account for significant share of the global automotive active purge pump market owing to the high adoption of the automotive vehicles in the region. Additionally, high disposable income and rising awareness regarding vehicle driving are some of the other factors which are expected to support the automotive active purge pump market growth further. Rising demand for automotive vehicles in the region and increasing environment concern are some of the other factors which are anticipated to escalate the automotive active purge pump market growth during the forecast period. The Europe automotive active purge pump market is the leading market for automotive active purge pump. Germany is the hub for automotive technological advancements which is driving the market for Automotive Active Purge Pump in Europe owing to increased sale of vehicles in the last few years. The U.K is the significant contributor to the Europe automotive active purge pump market owing to the high adoption of automotive active purge pump in automotive vehicles. Europe market is anticipated to account for significant share of the market. The Asia Pacific Automotive Active Purge Pump are the fastest growing region for the market. Constantly growing population in China is demanding for increased number of vehicle production which in turn has increased the demand for automotive active purge pump in the OEM as well as aftermarket segment. Additionally, high production and high consumption nature of the region has escalated the China Automotive Active Purge Pump market growth further. Increasing awareness regarding the Automotive Active Purge Pump and rising number of incidences of accidents in the region has supported the market growth during the forecast period 2019–2026. LAMEA holds the least share in the global automotive active purge pump market owing to the presence of the poor economy especially in Africa region. The Brazil automotive active purge pump is forecasted to account for low to medium share of the market owing to the lack of awareness regarding the automotive active purge pump. Additionally, lack of major players in the region and no government support are some of the factors which has led the automotive active purge pump market to sluggish growth. However, this scenario is likely to change in the next few years due to rapid industrialization and growing automotive sector in the region coupled with untapped potential opportunities.

Several types of marketing channels are used for to distribute and sell the product. Some of the basic channels of marketing which includes: direct selling, selling through intermediaries, dual distribution, and reverse channels. In the automotive active purge pump market three channels are most widely used direct selling, selling through intermediaries, and dual distribution along with e-commerce distribution.

Some of the major players analyzed and profiles in this market include Allied-Nippon Limited, Akebono Brake Company, Robert Bosch Gmbh, Hitachi Chemical Co. Ltd., and Nisshinbo Holdings Inc. Many players are engaged in new product launches to gain competitive edge and serve larger consumer base.