Automotive Active Purge Pump Industry

1. Summary Global Automotive Active Purge Pump Industry Report: Information by Material (Metal, Non- Metal), Components (DC Motor, Sensors, Actuator), Manufacturing Process (Cutting, Vacuum Forming, Injection Molding), Sales Channel, Vehicle Type - Forecast till 2023 Automotive Active Purge Pump Industry Overview An automotive active purge pump refers to an evaporative fuel processing system that uses vapor canister, valve assembly and actuator to reduce the hydrocarbon evaporative emissions from the vehicle. The active purge pump extracts hydrocarbon from the emission canister to control hydrocarbon emission. Stringent government regulations and growing sales of vehicles across the globe increases the demand for active purge pumps. The massive growth in sales of passenger vehicles will boost the demand for active purge pump systems with increased number of benefits such as pressure sensing, hose off detection and low power consumption.. Increase in the per capita disposable income and growing purchasing power will enhance the growth of the market. However, the growth of the market is challenged by the high prices of the product and demand for battery-operated electric vehicles. As per a detailed analysis by Market Research Future (MRFR), the global Automotive Active Purge Pump Industry is anticipated to register a CAGR of 11% during the forecast period (2018-2023). Industry Updates October 24, 2018: Cadillac has recently developed an all-new 2.0-liter turbocharged inline-four engine. It is a part of a global architecture of high-efficiency and versatile powertrains. The engine incorporates the next generation of powertrain engineering. Competitive Dashboard The key players operating in the global Automotive Active Purge Pump Industry comprises Agilent Technologies (U.S.), Continental AG (Germany), Denso Corporation (Japan), and Robert Bosch GmbH (Germany). Market Potential and Pitfalls The Automotive Active Purge Pump Industry is expanding at breakneck speed due to the surging demand for fuel-efficient vehicles. The swelling demand for passenger car sales across the globe and plummeting demand to minimize the carbon emissions are some of the top factors likely to dictate the growth trajectory of the Automotive Active Purge Pump Industry. Strict regulations imposed by the government regarding the environment is further estimated to trigger the demand for automotive active purge pump during the review period. These pumps have several

2. functions like air pressure detection, hydrocarbon evaporative leak detection, and hose off emission detection, which is likely to favor the market growth in the coming years. The low investment for active purge manufacturing unit will further create growth opportunities for the new entrants. Moreover, the increased awareness regarding fuel efficiency and emission among the vehicle owners is considered to boost the market growth. On the contrary, the development and innovation regarding hydrocarbon emission products are considered to be one of the major concerns restricting the growth of the market across the globe. Also, the surging demand for battery-operated electric vehicles coupled with the high prices of active purge pumps is predicted to curb the growth of the market in the foreseeable future. Automotive Active Purge Pump Industry: Segmental Analysis The Automotive Active Purge Pump Industry has been segmented on the basis of components, material, sales channel, manufacturing process, and vehicle type. By mode of material, the Automotive Active Purge Pump Industry comprises metal and non- metal. Among these, the non-metal type is likely to occupy a significant share due to its cost- effectiveness and ease of availability across the world. The components segment of Automotive Active Purge Pump Industry comprises sensors, DC motor, valves, and actuator. Among these, the DC motor segment is likely to gain prominence in the coming years as it is a prime component of the automotive active purge pump. It converts DC electrical energy to mechanical energy and also possesses excellent controllability and high efficiency. Based on the manufacturing process, the market comprises vacuum forming, cutting, and injection molding. By mode of sales channel, the market has been segmented into OEM and aftermarket. Among these, the aftermarket sales channel is likely to gain prominence owing to the surging awareness regarding emission along with the frequent replacement of electronic components like ECUs and sensors due to shorter life span and malfunctioning. The vehicle type segment comprises passenger car and commercial vehicle. Among these, the passenger vehicle segment is likely to acquire a considerable share due to the surging demand for passenger vehicles across the globe. The demand for automotive active purge pump is high due to rapid urbanization and hub-spoke architecture, which has increased the overall vehicle sales. Regional Frontiers Globally, the Automotive Active Purge Pump Industry comprises Europe, North America, Asia Pacific, and the Rest-of-the-World (RoW).

3. Considering the global scenario, the European region is considered to dominate the global market owing to the deployment of innovative technologies in order to control emissions. Also, the high availability of automotive parts is likely to drive the market growth in this region. The regional market is also predicted to experience high growth due to the presence of strict European emission norms. Moreover, the surging sales of vehicles in this region, coupled with the rising awareness regarding the safety of the environment, will elevate the scope of the regional market. Get Full Report @ https://www.marketresearchfuture.com/reports/automotive-active-purge- pump-market-6258 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Office No. 528, Amanora Chambers Pune – 411028 Maharashtra, India Phone: +1646 845 9312 Email: sales@marketresearchfuture.com