Automotive Active Purge Pump Market Size, Share, Growth Analysis, By Material Type (Metal, Non-metal), By Component (DC Motor, Sensor), By Manufacturing Process (Cutting, Vacuum Forming), By Sales Channel (OEMs, Aftermarket), By Vehicle Type (Passenger Vehicle, Commercial Vehicle), By Region - Industry Forecast 2024-2031

Global Automotive Active Purge Pump Market size was valued at USD 198 million in 2022 and is poised to grow from USD 242.75 million in 2023 to USD 1239.02 million by 2031, growing at a CAGR of 22.60% during the forecast period (2024-2031).

Global automotive active purge pump market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global automotive active purge pump market. 'Continental AG (Germany) ', 'Denso Corporation (Japan) ', 'Vitesco Technologies (Germany) ', 'Hyundai Kefico (South Korea) ', 'Agilent Technologies (US) ', 'Robert Bosch GmbH (Germany) ', 'Rheinmetall Automotive (Germany) ', 'Sauermann (France) ', 'TSURUMI AMERICA INC. (US) ', 'Dial Manufacturing, Inc. (US) ', 'Marelli Corporation (Japan) ', 'Akebono Brake Company (Japan) ', 'Allied-Nippon Limited (India) ', 'Hitachi Automotive Systems Ltd. (Japan) ', 'Pierburg GmbH (Germany) ', 'Mahle GmbH (Germany) ', 'Valeo SA (France) ', 'Aisan Industry Co., Ltd. (Japan) ', 'Aptiv PLC (Ireland) ', 'Mikuni Corporation (Japan) ', 'TI Fluid Systems (UK) ', 'NTN Corporation (Japan)'

Increasing sales of passenger vehicle

Weight and cost reduction are the two major factors driving the global 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 global automotive active purge pump market during the forecast period.

On the basis of region, global 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.