Press release
Emerging Sub-Segments Transforming the Automotive Electric Vacuum Pump Market Landscape
Automotive Electric Vacuum Pump Market
Automotive Electric Vacuum Pump Market Size and Growth Outlook
The market for automotive electric vacuum pumps is projected to reach $38.02 billion by 2030, expanding at a solid compound annual growth rate (CAGR) of 11.4%. This rapid growth is fueled by rising demand for advanced braking systems, the increasing prevalence of autonomous vehicles, stricter regulatory safety standards, ongoing miniaturization of pump components, and seamless integration with electronic control units (ECUs). Key market trends over the forecast period include the growing use of these pumps in brake systems, the development of quieter pump designs, expanding applications in electric vehicles (EVs), a preference for compact pump solutions, and tighter integration with smart control technologies.
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Leading Companies Driving the Automotive Electric Vacuum Pump Market
The automotive electric vacuum pump sector features several prominent players, including 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., and Woosung Vacuum Co. Ltd.
A notable recent development occurred in July 2024 when Robert Bosch GmbH, based in Germany, acquired Johnson Controls International plc. for $8 billion. This acquisition aims to strengthen Bosch's position in the automotive industry by leveraging Johnson Controls' expertise in advanced battery technology and smart energy solutions. Johnson Controls, headquartered in Ireland, is also a supplier of automotive electric vacuum pumps. This strategic move is expected to accelerate Bosch's development of innovative, sustainable mobility solutions and expand its electric vehicle and energy management product lines.
Trends Highlighting Opportunities in the Automotive Electric Vacuum Pump Market
Automotive electric vacuum pump manufacturers are focusing on creating powertrain-neutral vacuum pump solutions that can improve brake assistance and enhance system reliability across internal combustion engine (ICE), hybrid, and electric vehicles. A powertrain-neutral vacuum pump serves multiple vehicle systems by providing vacuum assistance irrespective of the vehicle's propulsion type.
For example, in November 2023, Standard Motor Products (SMP), a US-based manufacturer and distributor in the automotive aftermarket, broadened its product range by launching new Standard® Vacuum Pumps compatible with ICE, hybrid, and EV models. Each pump undergoes 100% pressure testing to ensure leak prevention and features high-quality O-rings and seals to maintain consistent vacuum pressure. The new pumps cater to popular vehicles such as the 2017-2022 Ford F-Series Super Duty, 2017-2022 Dodge Challenger, and 2018-2023 Toyota Camry.
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Dominant Market Segments in the Automotive Electric Vacuum Pump Industry
The automotive electric vacuum pump market is segmented into the following categories:
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), Aftermarket
Further subsegments include:
- Diaphragm Type: Single Diaphragm Pumps, Double Diaphragm Pumps
- Leaf Type: Fixed Leaf Pumps, Adjustable Leaf Pumps
- Swing Piston Type: Single Swing Piston Pumps, Multi-Piston Swing Pumps
This segmentation reflects the diverse range of products and applications within the market, catering to various vehicle types and distribution channels.
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