The global Automotive EVP (Electric Vacuum Pump) market Size was valued at USD 1.11 billion in 2022 and is projected to reach USD 2.40 billion by 2029, exhibiting a CAGR of 10.3% during the forecast period.
Global Automotive EVP (Electric Vacuum Pump) Market 2023-2029 research report gives most upcoming industry information on the market situation and future outlook. This report provides you analysis of Automotive EVP (Electric Vacuum Pump) market size, share, future growth, and cost structure, statistical and comprehensive data of the global market. The report is beneficial for strategists and industry players to plan their future business strategies. This is an in-depth market report, provides all you need to know about the Automotive EVP (Electric Vacuum Pump) Market. It includes the market news and updates about the market current situation, historic data, present market trends, and this factor which is valuable and supportive to the business.
With tables and figures helping analyze worldwide Global Automotive EVP (Electric Vacuum Pump) market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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Top Prominent Players Mentioned in this report:
This report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Key companies covered as a part of this study include: Hella,Continental, Rheinmetall Automotive AG,Youngshin,Tuopu Group,LPR Global,VIE and others.
KEY INDUSTRY DEVELOPMENTS:
- May 2018 – Hella has developed an electrically driven vacuum pump for vehicle brake systems that is applicable for high-efficiency gasoline engines, diesel, and turbo, and supercharged engines, as well as hybrid or full electric powertrains. The new UP5.0 pumps provide CO2 savings of up to 2g CO2/km compared to mechanical pumps, which equate to fuel savings of 0.2 to 0.4 miles per gallon.
Global Automotive EVP (Electric Vacuum Pump) Market Segmentation:
Market segment by Type:
Swing Piston Type
Market segment by Application:
The Middle East and Africa (Turkey, GCC Countries, Egypt, South Africa)
North America (United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Germany, Russia, UK, Italy, France, etc.)
Asia-Pacific (China, Japan, Philippines, Korea, India, Indonesia, and Australia)
APAC is projected to hold the largest share of the global automotive electric vacuum pump market owing to the high number of automobile sales in the region and a significant rise in the adoption of electric vehicles in countries such as Japan and China. OEMs are planning to increase their production volume coupled with the introduction of rapid technological advancements in manufacturing facilities in emerging nations such as China, and India, among others. Europe is projected to hold the second-largest market share, which is primarily attributed to stringent government regulations on emission levels. Therefore, the high sale and production of EVs have propelled market growth in this region. North America is also expected to show good growth in this market over the forecast period. The presence of popular automotive manufacturing companies and a need to introduce effective fuel efficiency measures in the pickup truck segment is expected to boost the market growth in this region.
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This report aims to provide:
– A qualitative and quantitative analysis of the current trends, dynamics, and estimations from 2023 to 2029.
– The analysis tools such as SWOT analysis and Porter’s five force analysis are utilized, which explain the potency of the buyers and suppliers to make profit-oriented decisions and strengthen their business.
– The in-depth market segmentation analysis helps identify the prevailing market opportunities.
– In the end, this Automotive EVP (Electric Vacuum Pump) report helps to save you time and money by delivering unbiased information under one roof.
Key question answered in this report
- What will the market size be in 2029 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Table of Contents: Automotive EVP (Electric Vacuum Pump) Market
Part 1: Overview of Automotive EVP (Electric Vacuum Pump) Market
Part 2: Global Automotive EVP (Electric Vacuum Pump) Market Status and Forecast by Regions
Part 3: Global Market Status and Forecast by Types
Part 4: Global Market Status and Forecast by Downstream Industry
Part 5: Market Driving Factor Analysis
Part 6: Market Competition Status by Major Manufacturers
Part 7: Major Manufacturers Introduction and Market Data
Part 8: Upstream and Downstream Market Analysis
Part 9: Cost and Gross Margin Analysis
Part 10: Marketing Status Analysis
Part 11: Market Report Conclusion
Part 12: Automotive EVP (Electric Vacuum Pump): Research Methodology and Reference
Finally, the Automotive EVP (Electric Vacuum Pump) Market report is the believable source for gaining the market research that will exponentially accelerate your business.
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