Automotive Active Purge Pump Market Size, Share and Segmentation by Material Type (Metal, Non-Metal), by Components (DC Motor, Sensors, Actuator, Valves, Others), by Manufacturing Process (Cutting, Vacuum Forming, Injection Molding, Others), by Regions and Global Market Forecast 2023-2030
Report Id: SNS/AUTO/2257 | July 2022 | Region: Global | 126 Pages
Report Scope & Overview:
Automotive Active Purge Pump Market Size was valued at USD 94.61 million in 2022 and is expected to reach USD 1848 million by 2030 and grow at a CAGR of 45% over the forecast period 2023-2030.
An active purge pump is a way to reduce evaporative hydrocarbon emissions from a car that uses electricity. The active purge pump in a car pulls hydrocarbon-filled air out of the emission canister, which is used to control evaporative hydrocarbon emissions. The reduction of hydrocarbon evaporative emissions from a vehicle can be accomplished with the use of an electromechanical device known as an active purge pump. It is responsible for controlling the purge flow as well as actuating the flow of fuel vapors from an evaporative emission canister. A motor, a vapor canister, and a valve assembly are the three components that make up an active purge pump. This type of pump supplies pressured air to the engine and removes fuel vapor from the canister. Measurement of hydrocarbon evaporative leaks, detection of air pressure, and detection of hose-off emissions are just some of the roles that an automobile active purge pump can do.
To get around severe hydrocarbon evaporation rules and legislation all around the world, In 2021, Continental AG has come out with an active purge pump as a component of the evaporative fuel processing system. This was done in order to meet the needs of their customers.
MARKET DYNAMICS:
KEY DRIVERS:
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The preference of automobile manufacturers for emission control systems that are more effective.
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Increased interest in environmental protection and safety.
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An increase in the demand for active purge pumps would be a result of stricter emission restrictions.
RESTRAINTS:
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The rise in popularity of electric vehicles powered by batteries.
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Market expansion may be hampered by the high cost of active purge pumps.
OPPORTUNITIES:
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Fuel-efficient automobiles are becoming more popular.
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Hydrocarbon emission reductions are becoming more popular.
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High standards for environmental protection.
CHALLENGES:
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Manufacturers face a significant challenge in terms of hydrocarbon emission product innovation and development.
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Photochemical smog is created by exhaust gases and sunlight in megacities.
IMPACT OF COVID-19:
In terms of the global economy, COVID-19 has had three main effects: it has affected manufacturing and demand directly, it has disrupted the supply chain and market, and it has had an economic impact on enterprises and financial markets. Since the pandemic has affected the automotive component market, there may be supply and demand issues in the short term. COVID-19 has had a significant impact on the globalization and interrelated economic activity of most countries. As a result, the short and medium-term outlook for high-cost producers, smallholders, and high-debt enterprises appears to be more challenging than ever. Some of the world's largest corporations may alter or accelerate their plans to diversify into new markets, resulting in a shift in the business model. This market has a wide range of influences, each with a varied level of sway over the various segments.
KEY MARKET PLAYERS:
Robert Bosch GmbH (Germany), Daimler AG, Continental AG (Germany), Agilent Technologies (U.S.), and Denso Corporation (Japan) are some of the affluent competitors with significant market share in the Automotive Active Purge Pump Market.
MARKET ESTIMATION:
Market, By Material Type:
The global market has been divided into metal, and non-metal Based on the material type segment. Non-metal is a highly attractive area that will dominate the industry in the coming years. Metallurgical advances have led to the replacement of metals by non-metals. Nonmetals are inexpensive, flexible, and light. Their ability to generate complicated shapes and designs, especially for casing, will drive the non-metal category over the projected period.
Market, By Components:
The global market has been divided into DC Motor, Sensors, Actuator, Valves, and Others Based on the components segment. The automobile active purge pump's DC motor should offer lucrative chances. This will drive the worldwide active purge pump market over the forecast period. The active purge pump uses a brushless DC motor. Brushless DC motors are more expensive, but they have a larger market share. It should grow rapidly by 2026.
Market, By Manufacturing Process:
The global market has been divided into Cutting, Vacuum Forming, Injection Molding, and Others based on the manufacturing process segment. Vacuum forming is expected to increase faster than other manufacturing processes over the forecast period. It reduces production costs and time. Vacuum forming will be in high demand for mass production in the automobile industry in the next years.
MARKET SEGMENTATION:
By Material Type:
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Metal
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Non-Metal
By Components:
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DC Motor
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Sensors
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Actuator
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Valves
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Others
By Manufacturing Process:
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Cutting
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Vacuum Forming
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Injection Molding
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Others
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REGIONAL ANALYSIS:
North America, Europe, Asia-Pacific, and the rest of the world make up the four primary regions that make up the worldwide automotive active purge pump market. The market has been divided into these four sections. During the time period covered by the forecast, it is anticipated that Asia-Pacific would come in second place behind Europe in terms of market growth. In Europe, Demand in the automotive active purge pump market is expected to be fueled throughout the forecast period by the development of advanced technology to regulate emissions as well as the availability of automotive parts. Because of European Union regulations on emissions, it is anticipated that the European market would experience significant expansion as well. They will be further encouraged to hold the greatest market share during the entire projected period as a result of a growth in the sales of vehicles in Europe as well as an improved awareness regarding the safety of the environment.
REGIONAL COVERAGE:
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North America
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The USA
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Canada
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Mexico
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Europe
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Germany
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The UK
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France
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Italy
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Spain
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The Netherlands
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Rest of Europe
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Asia-Pacific
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Japan
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south Korea
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China
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India
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Australia
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Rest of Asia-Pacific
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The Middle East & Africa
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Israel
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UAE
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South Africa
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Rest of Middle East & Africa
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Latin America
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Brazil
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Argentina
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Rest of Latin America
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| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 94.61 Million |
| Market Size by 2030 | US$ 1848 Million |
| CAGR | CAGR of 45% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Material Type (Metal, Non-Metal) • by Components (DC Motor, Sensors, Actuator, Valves, Others) • by Manufacturing Process (Cutting, Vacuum Forming, Injection Molding, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Robert Bosch GmbH (Germany), Daimler AG, Continental AG (Germany), Agilent Technologies (U.S.), and Denso Corporation (Japan) |
| Key Drivers | •The preference of automobile manufacturers for emission control systems that are more effective. •Increased interest in environmental protection and safety. |
| RESTRAINTS | •The rise in popularity of electric vehicles powered by batteries. •Market expansion may be hampered by the high cost of active purge pumps. |
Frequently Asked Questions (FAQ) :
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Active Purge Pump Market Segmentation, By Material Type
8.1 Metal
8.2 Non-Metal
9. Global Automotive Active Purge Pump Market Segmentation, By Components
9.1 DC Motor
9.2 Sensors
9.3 Actuator
9.4 Valves
9.5 Others
10. Global Automotive Active Purge Pump Market Segmentation, By Manufacturing Process
10.1 Cutting
10.2 Vacuum Forming
10.3 Injection Molding
10.4 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 the USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 the UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Daimler AG,
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Robert Bosch GmbH (Germany)
12.3 Continental AG (Germany)
12.4 Agilent Technologies (U.S.)
12.5 Denso Corporation (Japan)
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
14. Conclusion
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