Automotive Electric Vacuum Pump (EVP) Market Report 2018 — Hella, Continental, Youngshin
Automotive Electric Vacuum Pump (EVP) Market is expected to grow with a CAGR of 6.1% during the forecast period of 2018 to 2025.Usually, the vacuum which is generated by the internal combustion engine is used by the brake booster, through the tube, in order to create breaking power. But, certain conditions such as excessive heating of engine and high altitude can lessen the amount of a vacuum that the manifold creates and hence, can even lead to break failures. An electric vacuum pump avoids such a condition by creating additional vacuum pressure going to the brake booster and hence increase the road safety of the vehicle as well. With the incorporation of vacuum sensors, automotive electric vacuum pumps are now also capable of monitoring vacuum changes within the booster.
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Apart from this, these EVPs also provide various benefits to the vehicle engine by keeping it functioning for the longer time spans and increasing the life of the motor. The prevention of improper braking, even in the unfavorable conditions reduces excessive CO2 emission and hence saves the fuel, hence, improving the efficiency of the vehicle. A continuously growing demand for vehicles all over the globe is the most contributing factor which is driving the growth of automotive EVP market. Apart from that, continuous government initiatives to spread awareness regarding vehicle safety and global warming is leading the people to prefer highly fuel efficient vehicles equipped with electric vacuum pumps.
As a result the OEMs are getting dedicatedly focused towards optimizing the efficiency of their vehicle products by incorporating highly advanced and latest vacuum pumps in them. However, there are various issues which could occur due to the malfunctioning of an electric vacuum pump such as problems regarding pressing the brake pedal and inefficient generation of vacuum. These are some factors which can act as a restraint to the market growth. However, the emergence of electric pumps for various types of vehicles including, petrol based vehicles, electric vehicles and hybrid vehicles will emerge out a lucrative opportunity for the growth of automotive EVP market.
The report provides detailed qualitative and quantitative analysis of the automotive electric vacuum pump (EVP) market. Market size and forecast in terms of value and volume has been provided for the period — (2017–2025), for the segment namely type and applications in each of the major regions.
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Automotive Electric Vacuum Pump (EVP) Market Player Analysis -
The report presents detailed analysis of major players operating in automotive electric vacuum pump market. Few of the include Hella, Continental, Youngshin, Tuopu Group, and VIE. Detailed coverage on these market players with information on their revenue from automotive electric vacuum pump business, market share, and their growth strategies have been provided in the report.
Market Segmentation
The global automotive electric vacuum pump market is segmented on the basis of type, application and geography. By type, the market is segmented into diaphragm type, leaf type, and swing piston type. On the basis of application, the market is segregated into EV cars, hybrid cars, diesel vehicles, and others. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Middle East & Africa.
Automotive Electric Vacuum Pump Market Segmentation
By Type
• Diaphragm Type
• Leaf Type
• Swing Piston Type
By Application
• EV Cars
• Hybrid Cars
• Diesel Vehicles
• Others
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o France
o Germany
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Korea
o Rest of APAC
• South America
o Brazil
o Argentina
o Columbia
o Rest of South America
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o Nigeria
o South Africa
o Others
Automotive Electric Vacuum Pump Market Key Players
• Hella
• Continental
• Youngshin
• Tuopu Group
• VIE
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