Global Automotive Active Purge Pump Market

Automotive Active Purge Pump Market Size, Share, Growth Analysis, By Vehicle Type(Commercial Vehicle and Passenger Vehicle), By Component(Sensors, DC Motor, Valves, Actuators), By Region - Industry Forecast 2024-2031


Report ID: SQMIG25A2067 | Region: Global | Published Date: February, 2024
Pages: 209 | Tables: 62 | Figures: 75

Automotive Active Purge Pump Market News

  • In 2019, Continental AG started production of automotive active purge pumps in the Europe.
  • Robert Bosch is moving towards more inclined development by incorporating new and better optimization criteria in terms of global technological integrations. It aims to provide enhanced OE technology, such as proper operation and certification to ensure trouble-free operations and environmental compliance. This pure valve is completely new; it is not remanufactured or rebuilt for this purpose with the same original electronics manufacturer (OEM). Guaranteed to meet vehicle performance, efficiency, fuel efficiency, and emission standards.
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Automotive Active Purge Pump Market size was valued at USD 3144.71 million in 2021 and is poised to grow from USD 3370.81 million in 2022 to USD 5874.47 million by 2030, growing at a CAGR of 7.19% in the forecast period (2023-2030).

automotive active purge pump market is highly competitive with the presence of local as well as companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of automotive active purge pump market. 'Robert Bosch GmbH', 'Continental AG', 'Denso Corporation', 'Delphi Technologies', 'Johnson Matthey', 'Cummins Inc.', 'BorgWarner Inc.', 'Aisan Industry Co. Ltd.', 'Rheinmetall Automotive AG', 'Marelli Corporation', 'Hitachi Automotive Systems Ltd.', 'Sogefi S.p.A.', 'Mahle GmbH', 'Stackpole International', 'Eberspaecher Group', 'Toyoda Gosei Co. Ltd.', 'Trelleborg AB', 'Haldex AB', 'Ningbo Tuopu Group Co. Ltd.', 'DiSanzo Technologies, Inc.'

Increasing sales of passenger vehicle

Weight and cost reduction are the two major factors driving the automotive active purge pump market. Due to strict environmental regulations and increasing demand for fuel-efficient vehicles, automotive manufacturers are looking for lightweight components to reduce weight, which can help meet the demand for lower emissions and improved mileage. Tier-II suppliers are now focusing on manufacturing lighter weight raw materials through technological advancements while maintaining component structural strength, which is likely to positively impact the growth of automotive active purge pump market during the forecast period.

On the basis of region, automotive active purge pump market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. Europe is the leading market for automotive active purge pump. The market in Europe is the most developed. Germany is a centre of automotive technology advancement, driving the market for automotive active purge pumps in Europe due to increased car sales in recent years. Due to the widespread use of automotive active purge pumps in automobiles, the United Kingdom is a major contributor to the Europe automotive active purge pumps market. During the forecast period, Germany is likely to be one of the most attractive markets for automotive active purge pump sales. According to research, Germany will account for more than 44% of Europe's automotive active purge pump industry during the forecast period. Emission-control regulations in Europe are very strict. Portable Emission Monitoring Systems (PEMS) are widely used in the United States because they provide a complete emissions profile for real-world engine use. As a result of the implementation of these tests, WLTP was adopted in 2017. These tests are used to determine control, gaseous and particulate emissions from road vehicles. The automotive active purge pump market is driven by an increasing focus on creating technology that will help automobiles perform better.

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Global Automotive Active Purge Pump Market

Report ID: SQMIG25A2067

$5,300
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