USD 3144.71 million
Report ID:
SQMIG25A2067 |
Region:
Global |
Published Date: November, 2024
Pages:
209
|Tables:
62
|Figures:
75
Global Automotive Active Purge Pump Market size was valued at USD 198 million in 2022 and is poised to grow from USD 242.75 million in 2023 to USD 1239.02 million by 2031, growing at a CAGR of 22.60% during the forecast period (2024-2031).
An automotive active purge pump is an electrified option for reducing hydrocarbon evaporative emissions in a vehicle. An automobile active purge pump actively removes hydrocarbon-laden air from the exhaust manifold, which is used to manage the vehicle's evaporative hydrocarbon emissions. It is a component of Continental AG's evaporation fuel processing system, which was introduced as a new state-of-the-art solution to meet the strict hydrocarbon evaporation requirements and legislation worldwide. Due to the increasing pollution caused by vehicles worldwide, there is a need to reduce emissions. These growing pollution concerns can be addressed by installing automotive active purge pumps in vehicles.
Governments around the world are constantly imposing strict regulations and standards on the automotive and transportation industries to limit the rate of carbon emissions produced by diesel or gasoline cars. The above factors are expected to drive the automotive active purge pump market during the forecast period. Gasoline fuel (petrol) is highly flammable and evaporates rapidly. The fumes emitted after running out of gasoline contain benzene, which is harmful to health if inhaled. Also, photochemical smog is a major threat in megacities, produced by a combination of sunlight and exhaust emissions. As a result, modern gasoline-powered automobiles are equipped with on board technologies that reduce hydrocarbon (HC) emissions.
Additionally, increased popular desire towards the adoption of electric vehicles in recent years due to emission concerns, as well as government focus, is expected to drive the growth of the market for automotive active purge pumps in the coming years. Despite its various advantages, the automobile active purge pump has some disadvantages. Electric and battery powered vehicles, as well as their increasing sales in the coming years, are expected to limit the growth of the active purge pump market. Electric or battery powered vehicles produce no emissions and do not require an operating purge pump. The above reason is expected to hamper the demand for automobile active purge pumps.
US Automotive Active Purge Pump Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 3144.71 million
Largest Segment
Passenger Vehicle
Fastest Growth
Passenger Vehicle
Growth Rate
7.19% CAGR
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Global Automotive Active Purge Pump Market is segmented by Material Type, Component, Manufacturing Process, Sales Channel, Vehicle Type, and region. Based on Material Type, the market is segmented into Metal, and Non-metal. Based on Component, the market is segmented into DC Motor, Sensor, Actuator, Valve, Others. Based on Manufacturing Process, the market is segmented into Cutting, Vacuum Forming, Injection Molding, and Others. Based on Sales Channel, the market is segmented into OEMs, Aftermarket. Based on Vehicle Type, the market is segmented into Passenger Vehicle, and Commercial Vehicle. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Automotive Active Purge Pump Market Analysis by Vehicle Type
On the basis of vehicle type, global automotive active purge pump market is segmented into commercial vehicle and passenger vehicle. Passenger vehicles account for the largest share of the global automotive active purge pump market as their sales share is higher than that of commercial vehicles, accounting for more than 75% of total vehicle sales. Also, it maintains its dominance during the forecast period. The increasing demand for personal transportation along with the growing global population is the primary reasons behind the strong growth of this segment.
However, the industrial revolution, as well as changing consumer preferences towards online shopping and retail stores, will drive the growth of logistics and transportation, fuelling the growth of automotive active purge pumps in commercial vehicles during the forecast period.
Automotive Active Purge Pump Market Analysis by Component
On the basis of component, global automotive active purge pump market is segmented into sensors, DC motor, valves and actuators. As the component responsible for the operation of automotive active purge pumps, DC motors are expected to grow rapidly in the coming years. A brushless DC motor is an important component in powering an automobile's active purge pumps. Also, the high cost of brushless DC motors is the primary factor responsible for the substantial market share of this segment in the global industry. As a result, the DC motors market is expected to grow significantly during the forecast period.
Sensors are the other essential component that is expected to expand significantly during the forecast period. This is mainly due to the decreasing cost of sensors as well as their increasing use in numerous functions of automobiles. Depending on the extent of automation, the average number of sensors used in a vehicle can reach 200. As a result, sensors are now considered an essential component of any vehicle. Similarly, sensors are widely used in vehicle active purge pumps to monitor the flow of fuel vapours produced by the evaporative emission canister. Consequently, the above-mentioned factors are expected to increase the market size of sensors in automotive active purge pumps during the forecast period.
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On the basis of region, global automotive active purge pump market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. Europe is the leading market for automotive active purge pump. The market in Europe is the most developed. Germany is a centre of automotive technology advancement, driving the market for automotive active purge pumps in Europe due to increased car sales in recent years. Due to the widespread use of automotive active purge pumps in automobiles, the United Kingdom is a major contributor to the Europe automotive active purge pumps market. During the forecast period, Germany is likely to be one of the most attractive markets for automotive active purge pump sales. According to research, Germany will account for more than 44% of Europe's automotive active purge pump industry during the forecast period. Emission-control regulations in Europe are very strict. Portable Emission Monitoring Systems (PEMS) are widely used in the United States because they provide a complete emissions profile for real-world engine use. As a result of the implementation of these tests, WLTP was adopted in 2017. These tests are used to determine control, gaseous and particulate emissions from road vehicles. The automotive active purge pump market is driven by an increasing focus on creating technology that will help automobiles perform better.
Asia Pacific automotive active purge pump is the fastest growing market region. China's ever-growing population has necessitated an increase in vehicle production, which has increased the demand for automotive active purge pumps in both the OEM and aftermarket segments. Also, the region's high production and high consumption characteristics have fuelled the expansion of the China automotive active purge pump market. Growing awareness of automotive active purge pumps and an increase in the frequency of accidents in this region have helped the market growth during the forecast period. China dominates the APAC automobile active purge pump market, accounting for nearly 52% of sales. China will be the largest market for automotive active purge pump during the forecast period. China is the world's largest passenger vehicle producer, accounting for more than 34% of total passenger vehicle production. This factor has a direct impact on the automotive active purge pump demand and sales in the region. The Chinese government announced a new pollution standard that requires cars to have particulate matter filtration systems and exhaust gas trapping systems, which will fuel the growth of the automotive active purge pump market during the forecast period.
North America is likely to account for a significant share of the global automotive active purge pump market due to the strong adoption of automotive vehicles in this region. Also, increased driving awareness and high disposable income are some of the major factors fuelling the expansion of the automotive active purge pump market. Growing demand for automotive cars in the region, along with rising environmental awareness, is expected to fuel the growth of the automotive active purge pump market during the forecast period. The United States accounted for about 85% of the North American automobile active purge pump industry. The United States is a mature automotive market with early access to high-technology and high-cost automotive components. A significant proportion of commercial vehicles in the country are used for freight and by fleet owners. The basic objective of these industries is to reduce fuel consumption. Also, the market in the United States will be pushed by the increase in demand for fuel-efficient vehicles as well as the implementation of strict emission standards. Government policies, availability of resources, high per capita income, strong financial grip on the global economy, and increasing purchasing power parity are some of the reasons that contribute to the huge share and maximum growth of the US.
Due to the presence of poor economies, especially in Africa, LAMEA has the smallest share of the worldwide automotive active purge pump market. Due to the lack of awareness about automobile active purge pumps, Brazil is expected to have a low to moderate market share. Also, lack of major competitors in the region and the lack of government support are some of the factors contributing to the slow growth of the automotive active purge pump market. However, this situation is expected to change during the forecast period due to the growing industrialization and developing automotive sector, as well as unrealized potential opportunities in this region.
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Automotive Active Purge Pump Market Driver
As passenger vehicles account for a larger share of sales as compared to commercial vehicles, the demand for automotive active purge pumps increases. For example, passenger vehicle sales account for nearly 75% of total vehicle sales. As a result, growing passenger vehicle sales are driving the demand for automotive active purge pumps, which is expected to increase the market growth rate during the forecast period.
The presence of DC motors in automotive active purge pumps is expected to drive market growth as it is an important component for the movement of automotive active purge pumps. A brushless DC motor is the key component to power an automobile active purge pump. Also, the high cost of brushless DC motors is an important driver for the significant growth of the market. Consequently, the DC motors market is expected to expand significantly during the forecast period.
Automotive Active Purge Pump Market Restraint
Increasing sales of electric and battery-powered vehicles is estimated to hamper industry growth during the forecast period. Battery-powered or electric vehicles produce no emissions and do not require an operating purge pump. Consequently, all these factors are expected to hamper the demand for automotive active purge pumps during the forecast period.
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Global automotive active purge pump market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global automotive active purge pump market.
For example, Continental introduced an electrified solution, Active Purge Pump, to reduce hydrocarbon evaporative emissions (APP). It actively pulls HC-containing air from the canister used to regulate HC emissions from the evaporator. The pump used in practice is a small and light pump driven by a brushless DC motor. APP enables canister purging regardless of engine operation point or vacuum availability. To collect all the vapours in the tank, an activated carbon canister is used and the canister containing accumulated hydrocarbon (HC) must be regularly flushed or purged.
Automotive Active Purge Pump Market Top Player's Company Profiles
Automotive Active Purge Pump Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.
According to our global automotive active purge pump market analysis, automotive active purge pump is an electrified option for reducing hydrocarbon evaporative emissions in a vehicle. By vehicle type segmentation, passenger vehicles account for the largest share of the global market as their sales share is higher than that of commercial vehicles, accounting for more than 75% of total vehicle sales. By region, Europe is the leading market for automotive active purge pump. According to research, Germany will account for more than 44% of Europe's automotive active purge pump industry during the forecast period. Electric and battery powered vehicles, as well as their increasing sales in the coming years, are expected to limit the growth of the market.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 198 million |
Market size value in 2031 | USD 1239.02 million |
Growth Rate | 22.60% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Million |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Automotive Active Purge Pump Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Active Purge Pump Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Active Purge Pump Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Report ID: SQMIG25A2067
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