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Automotive Electric Vacuum Pump Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Automotive Electric Vacuum Pump
What Is the Projected Growth of the Automotive Electric Vacuum Pump Market?
The Automotive Electric Vacuum Pump Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Automotive Electric Vacuum Pump Market?
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What Are the Different Automotive Electric Vacuum Pump Market Segments?
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 Are the Primary Drivers Shaping the Automotive Electric Vacuum Pump Market?
The growth of the automotive electric vacuum pump market is projected to be driven by the rising popularity of electric vehicles. Battery-powered vehicles, which utilize electricity from a battery to power an electric motor and can be recharged from an external source, are considered electric vehicles. The automotive electric vacuum pump alleviates the burden on the engine lubrication system in the absence of a mechanical pump by lubricating the vacuum pump, enabling a more sleek pump design and enhancing engine efficiency. As per data from the U.S. Energy Information Administration, a government agency in the US, the proportion of battery-electric vehicles (BEVs) in new light-duty vehicle sales hit 17.7% in the third quarter of 2023. BEVs accounted for 16.0% of all new vehicle sales for the year to date, an increase from 12.5% in 2022 and 9.0% in 2021. Therefore, the expanding acceptance of electric vehicles is fueling the growth of the automotive electric vacuum pump market.
Which Companies Are Leading 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.
What Are the Major Trends Shaping the Automotive Electric Vacuum Pump Market?
The rise in technological advancements constitutes a chief trend in the automotive electric vacuum pump sector. Leading businesses in this market are endeavoring to create innovative technologies to cater to specific requirements and maintain their dominance in the field. For instance, Atlas Copco AB, a manufacturer of vacuum pumps based in Sweden, unveiled the GHS VSD+ series of vacuum pumps in May 2022. These pumps boast a groundbreaking design for enhanced performance, superior oil separation, smaller physical size, and a new type of regulator to make the client ready for Industry 4.0. The GHS 1402-2002 VSD+ employs the new Atlas Copco oil-injected screw element, with its inventive compression optimization valves facilitating high pumping capacities at low vacuum levels. This pump also has a forward-thinking design and includes HEX@, a revolutionary vacuum control system by Atlas Copco, making it primed for Industry 4.0. This advanced control system also makes users of speed-driven pumps ready for complete digitization of industrial processes.
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What Are the Top Revenue-Generating Geographies in the Automotive Electric Vacuum Pump Market?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Electric Vacuum Pump Market?
2. What is the CAGR expected in the Automotive Electric Vacuum Pump Market?
3. What Are the Key Innovations Transforming the Automotive Electric Vacuum Pump Industry?
4. Which Region Is Leading the Automotive Electric Vacuum Pump Market?
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