Automotive Electric Vacuum Pump Market Report 2031 by Segments, Geography, Dynamics, Recent Developments, and Strategic Insights

The automotive electric vacuum pump market is expected to register a CAGR of 7.5% during 2023–2031. Stringent emission regulation by countries worldwide is driving auto manufacturers to make vehicles that are fuel efficient and emissions free.

Automotive Electric Vacuum Pump Market Analysis

The automatic electric vacuum pump is used to exhaust the air out from the brake booster tank, which creates a vacuum and thus helps in the application of the brake. The increased automobile production globally has increased installation of the automatic electric vacuum pump for improving the customer’s safety is driving the growth of the market, in the coming years. In automobiles, the electrically driven vacuum pump for the brake system aids in minimizing the emissions in the cars and saves fuel. So, rising environmental consciousness is anticipated to drive the growth of the automotive electric vacuum pump.

Automotive Electric Vacuum Pump Market Overview

Electric vacuum pumps play a vital role in improving the performance efficiency of modern automotive systems, mainly in vehicles with advanced technologies such as electric powertrains and hybrid drivetrains. The Automotive Electric Vacuum Pump industry is driven by the rising demand for fuel-efficient vehicles and the rising adoption of electric and hybrid vehicles, the growing regulatory pressure to reduce vehicle emissions and improve fuel efficiency and strict emissions regulations enacted by governments worldwide, and the increasing focus on environmental sustainability, are making automotive manufacturers adopt innovative technologies to enhance the efficiency of their vehicles.

Electric vacuum pumps offer a solution, thereby contributing to low fuel consumption and lower greenhouse gas emissions. Further, the increasing adoption of hybrid and electric vehicles is boosting the demand for automotive electric vacuum pumps. As automakers are addressing this transition towards electrification to reduce environmental concerns and fulfill consumer demand for greener transportation solutions, the integration of electric vacuum pumps ensures the efficient operation of vehicle systems. Along with several advantages over their mechanical pumps such as higher efficiency, reduced weight and size, and greater flexibility in design and integration, making them well-suited for use in electric and hybrid vehicles. As a result, to expanding electric and hybrid vehicle market and the ongoing technological advancements in automotive engineering are anticipated to fuel the market in coming years.

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Automotive Electric Vacuum Pump Market: Strategic Insights

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Automotive Electric Vacuum Pump Market Drivers and Opportunities

Rising demand for vehicle fuel efficiency

The automotive electric vacuum pump is in demand; it can be turned on and off, therefore providing fuel efficiency. On the other hand, mechanical pumps cause idling and energy wastage. In contrast, on-demand pump operation increases the pump and motor’s lifespan. An electric pump reduces the strain on the engine’s lubrication system as there is no requirement for a separate oil supply for the vacuum pump. As a result, pumps can be made smaller, which increases engine efficiency. Provides several benefits, such as avoiding erroneous braking, lowering excessive CO2 emissions and saving fuel, and higher fuel efficiency even in challenging driving environments. Therefore, the surge in global awareness of global warming, the need for mobility services, improved vehicle safety, and the adoption of highly fuel-efficient vehicles are surging demand for Automotive Electric Vacuum Pump and are anticipated to continue its growth in coming years.

Rise in Electrical Vehicle Adoption

The rise in electrical vehicle adoption offers significant opportunity for the electric vacuum pump market. Electric and hybrid vehicles require an electric vacuum to provide a consistent braking function. So, as EV adoption continues to rise, the demand for vacuum pumps will rise, creating substantial growth opportunities. Stringent emission regulations by countries worldwide are driving auto manufacturers to make fuel-efficient and emissions-free vehicles, which in turn boosts the demand for electric vacuum pumps. This helps improve engine performance and reduce fuel consumption. As regulations become stricter, the need for electric vacuum pumps increases, offering lucrative growth opportunities for the players in the automotive electric vacuum market.

Automotive Electric Vacuum Pump Market Report Segmentation Analysis

Key segments that contributed to the derivation of the automotive electric vacuum pump market analysis are product type and application.

• Based on product type, the automotive electric vacuum pump market is divided into Diaphragm Type, Leaf Type, and Swing Piston Type.
• Based on application, the automotive electric vacuum pump market is divided into EV Cars, Hybrid Cars, Diesel Vehicles, Others.

Automotive Electric Vacuum Pump Market Share Analysis by Geography

Automotive Electric Vacuum Pump Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering automotive electric vacuum pump market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level. Also, the report covers PEST analysis, which involves the study of major factors that influence the automotive electric vacuum pump market in these regions.

Automotive Electric Vacuum Pump Market Regional Insights

The regional trends and factors influencing the Automotive Electric Vacuum Pump Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Automotive Electric Vacuum Pump Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Automotive Electric Vacuum Pump Market Report Scope

Automotive Electric Vacuum Pump Market Players Density: Understanding Its Impact on Business Dynamics

The Automotive Electric Vacuum Pump Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Automotive Electric Vacuum Pump Market are:

1. Hella GmbH & Co. KGaA
2. Rheinmetall Automotive AG
3. Continental AG
4. Youngshin Precision Co., Ltd.
5. Tuopu Group
6. Mikuni Corp.

Disclaimer: The companies listed above are not ranked in any particular order.

Automotive Electric Vacuum Pump Market News and Recent Developments

The automotive electric vacuum pump market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automotive electric vacuum pump market are listed below:

• Edwards Vacuum, one of the world's leading designers and manufacturers of vacuum pumps, has launched a new oil-sealed rotary vane vacuum pump. The company offers a reliable product in the form of the powerful, robust E2S series for low and medium vacuum in industry and research. (Source: Edwards Vacuum, Company Website, August 2023)

Automotive Electric Vacuum Pump Market Report Coverage and Deliverables

The “Automotive Electric Vacuum Pump Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Automotive electric vacuum pump market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Automotive electric vacuum pump market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Automotive electric vacuum pump market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automotive electric vacuum pump market.
• Detailed company profiles