Automotive Electric Vacuum Pump Market 2027; Regional Revenue, Opportunity and Key Players Outlook

The size of automotive electric vacuum pump market was registered at USD 864.33 million in the year 2020 and is anticipated to cross USD 1.1 billion by 2027. Between the period 2021-2027, the market is expected to register a CAGR of 4.5%.

Based on vehicle type, the HCV segment is likely to record a CAGR of around 6% on account of expanding logistics and construction industries in Latin America and Asia Pacific. The cost effectiveness of the product is also a key benefit that could boost its adoption.

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They are also working on forward integration in terms of services like product installation, design, and final assembly, given that aftersales is an important way to gain customer trust. Collaborations and partnerships with vehicle manufacturers is another business strategy being adopted, for achieving direct sales and product development.

The automotive electric vacuum pump industry is estimated to procure steady growth supported by the rising need in the operation of several engine applications like direct fuel injection and for better fuel efficiency. Electric vacuum pumps are powerful and compact and are used in modern electric vehicles, hybrids, as well as in vehicles that have conventional drivelines. For downsized gasoline engines, small pumps are essential as they guarantee an adequate vacuum level, such as for boosting the braking power.

Companies operating in the automotive electric vacuum pump market are focusing on enhancing the operational efficiency of products to have a correct vacuum, even in extreme situations like during cold start or driving at extreme altitudes. In order to serve this demand, several manufacturers are making electric vacuum pumps that are operational only when brakes are applied, which in turn, raises the efficiency of the driveline.

In 2019, automotive supplier, Hella announced the integration of a range of diverse electronics and lighting products in the new e.GO Life vehicle, including a new electric vacuum pump which supports braking function.

Meanwhile, the North America automotive electric vacuum pump market held more than 15% share in 2020 credited to large-scale electric vehicle sales and production in the region. Electric vehicle sales in the U.S were recorded above 300,000 in 2020. OEMs are using a wide range of modern and evolved fuel-efficient technologies in gasoline engine vehicles, that is projected to drive product demand.

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Some Point from Table of Contents:

Chapter 5   Automotive Electric Vacuum Pump Market, By Vehicle

5.1    Global automotive electric vacuum pump industry insights, by vehicle

5.2    Passenger Cars

5.2.1    Global market estimates and forecasts, 2017 - 2027

5.2.2    Market estimates and forecast, by region, 2017 - 2027

5.3    LCV

5.3.1    Global market estimates and forecasts, 2017 - 2027

5.3.2    Market estimates and forecast, by region, 2017 – 2027

5.4    HCV

5.4.1    Global market estimates and forecasts, 2017 - 2027

5.4.2    Market estimates and forecast, by region, 2017 - 2027

Chapter 6   Automotive Electric Vacuum Pump Market, By Application

6.1    Global automotive electric vacuum pump industry insights, by application

6.2    Brake

6.2.1    Global market estimates and forecasts, 2017 - 2027

6.2.2    Market estimates and forecast, by region, 2017 - 2027

6.3    Engine

6.3.1    Global market estimates and forecasts, 2017 - 2027

6.3.2    Market estimates and forecast, by region, 2017 – 2027

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