Press release
Prominent Automotive Electric Vacuum Pump Market Trend for 2025: Automotive Electric Vacuum Pump Market Embraces Technological Advancements
Automotive Electric Vacuum Pump Market Size
The growth of the automotive electric vacuum pump market is set to be driven by the rising popularity of electric vehicles. These vehicles, which are powered by an electric motor that obtains electricity from a battery that is rechargeable from an outside source, are becoming more common. The automotive electric vacuum pump takes some pressure off of the engine lubrication system that's used in conventional vehicles by lubricating the vacuum pump, allowing it to run without a traditional mechanical pump. This system enables a sleeker pump design and improves overall engine efficiency. In November 2023, the U.S. Energy Information Administration, a government agency, reported that the battery-electric vehicles (BEVs) accounted for 17.7% of new light-duty vehicle sales in the third quarter of 2023. So far this year, BEVs make up 16.0% of all new vehicle sales, an increase from 12.5% in 2022 and 9.0% in 2021. Thus, the surge in electric vehicle usage is fueling the growth of the automotive electric vacuum pump market.
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What is the future CAGR of the automotive electric vacuum pump market, and how will it impact industry expansion?
In the past few years, the market size of the automotive electric vacuum pump has experienced significant expansion. The market is anticipated to rise from $20.25 billion in 2024 to $22.58 billion in 2025, marking an 11.5% compound annual growth rate (CAGR). Factors such as emission reduction guidelines, a switch to electric and hybrid vehicles, improved performance of automotive systems, reduction in engine mass and dimensions, and the inclusion of high-end safety features, have all contributed to this historic period of growth.
The market size for automotive electric vacuum pumps is projected to experience substantial growth in the coming years, with estimations indicating a surge to $34.69 billion by 2029, reflecting a compound annual growth rate (CAGR) of 11.3%. The anticipated growth during this forecast period is linked to various factors such as an investment influx in sustainable automotive alternatives, changing consumer demands, an increase in automotive electrification, and regulatory focus on vehicular safety. The forecast period will likely witness key trends like the progression of dual-function pump systems, widespread adoption of regenerative braking systems, customized pump systems crafted for EVs, operations with less noise and vibration, as well as compact and modular pump designs.
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What are the most significant trends transforming the automotive electric vacuum pump market today?
The adoption of progressive technologies is a predominant trend that is becoming increasingly popular in the automotive electric vacuum pump industry. Many of the leading companies in this industry are investing in technological innovation to cater to specific customer needs and to solidify their standing in the market. For example, Atlas Copco AB, a Sweden-based vacuum pump manufacturer, introduced the GHS VSD+ line of vacuum pumps in May 2022. These pumps feature a transformative design for enhanced performance, improved oil separation, a compact design, and a cutting-edge regulator that gears the client up for Industry 4.0. The innovative Atlas Copco oil-injected screw element is incorporated into the GHS 1402-2002 VSD+. This utilizes unique compression optimization valves for superior pumping rates at low vacuum levels. This forward-thinking pump also deploys HEX@, a revolutionary new vacuum controller by Atlas Copco, rendering it ready for Industry 4.0. With a new control system, the users of these variable-speed pumps are also fully prepared for the wholesale digitization of industrial processes.
Which key market segments comprise the automotive electric vacuum pump market and drive its revenue growth?
The automotive electric vacuum pump market covered in this report is segmented -
1) By Product Type: Diaphragm Type, Leaf Type, Swing Piston Type
2) By Propulsion Type: Electric Vehicle (EV), Internal Combustion Engine (ICE)
3) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
4) By Sales Channel: Original Equipment Manufacturer (OEM), After market
Subsegments:
1) By Diaphragm Type: Single Diaphragm Pumps, Double Diaphragm Pumps
2) By Leaf Type: Fixed Leaf Pumps, Adjustable Leaf Pumps
3) By Swing Piston Type: Single Swing Piston Pumps, Multi-Piston Swing Pumps
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What regions are at the forefront of automotive electric vacuum pump market expansion?
Asia-Pacific was the largest region in the automotive electric vacuum pump market in 2024. The regions covered in the automotive electric vacuum pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the automotive electric vacuum pump market?
Major companies operating in the automotive electric vacuum pump market include Robert Bosch GmbH, Denso Corporation, Continental AG, Magna International Inc., Aisin Seiki Co. Ltd., Valeo SA, TRW Automotive Holdings Corp.,MAHLE GmbH, Atlas Copco, Hella GmbH & Co. KGaA, Rheinmetall Automotive AG, Ingersoll Rand, MANN+HUMMEL Group, Delphi Technologies, The Johnson Electric Group, Ningbo Tuopu Group Co. Ltd., Cooper-Standard Holdings Inc,Mitsuba Corporation, Dorman Products Inc., SHW AG, Hitachi Astemo Americas Inc., Pricol Limited, Advik Hi Tech Pvt Ltd, Pierburg,Nagman Instruments & Electronics Private Limited, WABCO Holdings Inc., Woosung Vacuum Co. Ltd.
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What Is Covered In The Automotive Electric Vacuum Pump Global Market Report?
• Market Size Forecast: Examine the automotive electric vacuum pump market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automotive electric vacuum pump market for a structured understanding.
• Key Players Overview: Analyze major players in the automotive electric vacuum pump market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive electric vacuum pump market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automotive electric vacuum pump market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive electric vacuum pump market.
• Industry Challenges: Identify potential risks and obstacles affecting the automotive electric vacuum pump market.
• Competitive Landscape: Review strategic developments in the automotive electric vacuum pump market, including expansions, agreements, and new product launches.
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