Press release
Predictions for 2019: Global Automotive Electric Vacuum Pump Industry Is Set to Boom
Automotive electric vacuum pump is a device that gets the drive from the camshaft in the engine and can be run by alternator shaft in some designs. It’s an added benefit to any engine, which has high performance. The primary function of an automotive electric vacuum pump is to drain out the air from brake booster tank hence creating the vacuum, which in turn can be used for application of the brake. An automotive electric vacuum pump will increase engine life, add horsepower and keep the oil clean for a longer period. It enhances the safety function of the vehicle. Automotive electric vacuum pump monitors the change in the space of the brake booster tank by the vacuum sensors, thus providing enough power to the drivers. The automotive electric vacuum pump market is on a rise with high usage in cars for safety purpose. It also keeps engine functioning for a longer period hence increasing the motor life.
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Enhanced Vehicle Manufacturing to Drive the Global Automotive Electric Vacuum Pump Market
The primary factor driving the growth of automotive electric vacuum pump market is improving vehicle manufacturing in countries such as China, Brazil, and India along with increased installation of automotive electric vacuum pump owing to growing demand for safety by customers. Pulling the vacuum with a dedicated pump has been a preferred method for over two decades. With the advancing technology the important benefits of automotive electric vacuum pump include improved ring seal by relieving crankcase pressure below the rings, reduced lubricant contamination, reduced gas port pollution and so forth. For instance, Hella- an automotive part manufacturer has developed a novel electric vacuum pump for the brake system that will save gas and reduce emission in cars and enhance fuel efficiency and help in keeping the overall fuel cost low. With the increase in demand for installation of the automotive electric vacuum pump in the vehicles, the automotive part manufacturers have benefited undoubtedly. Most OEM vacuum pumps work ideal for short time as they are not meant to be used in an oily environment. They need some modification to make them compatible with oil. The only problem with an OEM-designed vacuum pump is that the components inside the pump are designed for oil free air. These scenarios mostly happen in the race or high-performance cars.
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Overview of the Automotive Electric Vacuum Pump Market Segments
Based on the type, the automotive electric vacuum pump market is segmented into:
Diaphragm Type
Swing Piston Type
Leaf Type
Based on application, the automotive electric vacuum pump market is segmented into:
EV Cars
Diesel Vehicles
Hybrid Cars
Ports Cars
Others
US is the Leading Producer of Automotive Electric Vacuum Pumps
Geographically, automotive electric vacuum pump market has been segmented into seven major regions including APEJ, Western Europe, Europe, North America, Eastern Japan, Latin America, and the Middle East & Africa. The APEJ is estimated to be the largest automotive electric vacuum pump market due to emerging economies such as India and China. OEMs have plans to increase their production capacity concerning volume and are also setting up new manufacturing facilities with technological advancement in these regions. Increasing vehicle production in APEJ has propelled the growth of automotive industry which is further led to the surge in automotive electric vacuum pump market. The Western European countries like Germany, France, and the UK are stepping up their production in automotive electric vacuum pump manufacturing, with the implementation of new technology in their output followed by North America and Latin America with few of the biggest automotive manufacturing companies in these regions. The USA has been leading in the production of automotive electric vacuum pump followed by Brazil and Mexico. Japan, being technologically advanced coupled with a top automotive manufacturer is expected to grow in near future. The Middle East and Africa region has also been predicted to develop with the GCC countries stepping up their attempt to set up new manufacturing facilities.
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Prominent Players Influencing the Global Automotive Electric Vacuum Pump Market
Major players identified in the automotive electric vacuum pump market include:
Hella
Continental
Youngshin
LPR Global
Tuopu Group
GZ Motorsports
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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