Automotive Electric Vacuum Pump Market Size, Share, Competitive Landscape and Trend Analysis Report, by Propulsion Type, by Vehicle Type, by Sales Channel : Global Opportunity Analysis and Industry Forecast, 2024-2033

Market Introduction and Definition

The automotive electric vacuum pump (EVP) improves engine performance. It is powered by the engines camshaft. Motor cars?braking systems receive servo assistance. It is employed to reduce the force exerted on the brake pedal in order to produce a certain braking effect. Usually, vacuum assistance is provided via a vacuum brake booster. A vacuum pump is driven mechanically by the depression by the engine inlet manifold or the vehicle engine.

Key Takeaways 

• The automotive electric vacuum pump market analysis study covers 20 countries. The research includes a segment analysis of each country in terms of value for the projected period. 

• More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major automotive electric vacuum pump (EVP) industry participants along with authentic industry journals, trade associations releases, and government websites have been reviewed for generating high-value industry insights. 

• The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions in order to achieve their most ambitious growth objectives. 

Recent Key Developments 

• In November 2021, the UK National Traffic Information Service (NTIS) incorporated new technology, enhancing data reliability on motorways and major roads. This upgrade aids efficient incident management and traffic regulation.  

• In February 2022, Sensys Gatso Group, through its subsidiary, Sensys Gatso USA signed a 5-year TRaaS contract with Oelwein, Iowa to provide automated red-light enforcement.  

Key Market Dynamics 

The global automotive electric vacuum pump market size is growing due to several factors such as need for improving the fuel efficiency and durability of vehicle, integration of small signs with intelligent transportation systems and technological advancements in computer vision. However, malfunctioning of electric vaccum pump and durability problems restrains the growth of the market. In addition, the growing demand for electric vehicles will provide lucrative automotive electric vacuum pump market opportunity development during the forecast period. 

The global automotive electric vacuum pump market share is expanding significantly due to the rising demand for electric vehicles and the government's stringent emission regulations. The Asia Pacific region is expected to lead the market in terms of revenue share, followed by North America and Europe. The growing popularity of electric vehicles and the need for environmentally friendly transportation choices are expected to fuel market expansion in these areas.The automotive electric vacuum pump industry players in these areas can also look forward to advantages from the presence of well-known automakers and technological advancements. 

Sales Analysis of Vehicles

However recently, automotive electric vacuum pumps, or EVPs, have become more and more common because they don't rely on the engine of the car, giving designers and engineers more freedom in how the engine compartment is used. The electric vacuum pump only activates when the brakes are engaged; it does not run constantly at high speeds without any need. All engines are supported by automotive electric vacuum pumps, which also provide a flexible vehicle platform idea. The use of automotive EVPs is growing as a result of these considerations. 

Integration of Electric Vehicle and Hybrid Electric Vehicles 

The integration of automotive vacuum pumps into electric and hybrid vehicles is an important development in the market. The demand for vacuum pumps for operating features such as?battery cooling and regenerative braking has grown as these cars become more widely used. Compact, effective hoover pumps are being developed by manufacturers to meet the unique needs of electric and hybrid vehicles. 

Demand for Lightweight and Compact Designs 

Lightweight and compact vacuum pump designs are becoming more and more in demand as vehicle weight reduction and space optimisation become priorities. Manufacturers are searching for vacuum pump solutions that are both efficient and easily fitted into the architecture of their cars, without sacrificing performance. In response, vacuum pump producers are coming up with creative designs that satisfy these specifications. 

Increased in Adoption of Commercial Vehicles 

Automotive vacuum pumps are not limited to being utilised in passenger cars alone. Commercial vehicles, such as trucks and buses, can also benefit from the energy savings and improved performance that vacuum-assisted systems offer. In order to ensure the reliability and safety of heavy-duty cars' braking systems, which in turn improves road safety overall, vacuum pumps are a necessary part of the process. ???????

Market Segmentation 

The automotive electric vacuum pump market growth is segmented into propulsion type, vehicle type  and sales channel and region. On the basis of propulsion type, the market is divided into EV, and ICE.On the basis of vehicle type, the market is segregated into passenger cars, LCV, and HCV. On the basis of sales channel, the market is classified into OEM and aftermarket. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. 

Regional/Country Market Outlook 

China and India are predicted to make the largest contributions to automotive electric vacuum pump development in APAC. The regions market is expanding mostly as a result of rising construction activity in developing countries. It is anticipated that the building industry would expand steadily, necessitating the development of new infrastructure to house and service the expanding urban population. Such factors are driving the automotive electric vacuum pump market demand as automotive electric vacuum pumpare used for directions and used to warn people for potentially hazardous situations. 

Competitive Landscape 

The major players operating in the automotive electric vacuum pump (EVP) market include HELLA GmbH & Co. KGaA, RheinMetall Automotive AG, Continental AG, Youngshein Precision Co., Ltd, Tuopu Group, Mikuni Corp., Robert Bosch Gmbh, Johnson Electric, Luxiang Electric Vehicle Co., Ltd, and Dalian New Energy Auto Parts Manufacturing  Co., Ltd. 

Other players in automotive electric vacuum pump (EVP) market includes Nagman, SDTec Co., Ltd Gmbh, Wabco Holdings Inc., and others. 

Regulatory Analysis of Global Automotive Electric Vacuum Pump Market 

• The European Union has established minimum energy efficiency standards for electric vacuum pumps, along with labeling requirements to inform consumers about product performance and estimated annual energy costs. 

• The U.S. Department of Energy's Appliance and Equipment Standards Program also establishes minimum energy efficiency standards for electric vacuum pumps in commercial vehicles, while offering incentives and rebates to encourage the purchase of more efficient models. 

• In India, the Bureau of Energy Efficiency has introduced a rating system for electric vacuum pumps, mandating manufacturers to label their products with energy efficiency ratings and estimated annual energy costs. 

• China has adopted a mandatory three-level labeling system for electric vacuum pumps sold within its borders, providing consumers with details on product performance and estimated annual energy costs. 

• The Japan Automobile Manufacturers Association (JAMA) has implemented standards for electric vacuum pumps used in vehicles, requiring manufacturers to include information on product labels regarding energy efficiency ratings and estimated annual energy costs. 

Key Sources Referred 

1. IOPscience 

2. ANSI Organisation 

3. U.S. Department of Transportation  

4. National Aeronautics and Space Administration 

5. International Transport Forum 

6. Maryland Department of Natural Reseources 

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the market analysis to identify the prevailing automotive electric vacuum pump market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the automotive electric vacuum pump market forecast segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global Automotive Electric Vacuum Pump Industrymarket.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global automotive electric vacuum pump market trends, key players, market segments, application areas, and market growth strategies.