According to research report titled ‘Automotive Electric Vacuum Pump Market Size By Application (Brake, Engine), By Vehicle (Passenger Cars, LCV, HCV), By Propulsion Type (ICE, EV), By Sales Channel (OEM, Aftermarket), Industry Analysis Report, Regional Outlook, Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027’, available with Market Study Report, global automotive electric vacuum pump market is touted to register considerable growth over the forecast period 2021-2027.
 

Surging demand for additional vacuum in gasoline direct engine systems, augmenting luxury passenger car sales, mounting EV production, and introduction of new regulations to reduce carbon emissions are the primary factors stimulating worldwide automotive electric vacuum pump market growth.
 

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For the record, electric vacuum pumps or EVPs are primarily used to ensure reliability of the brake booster. They are also designed to reduce noise and are typically maintenance and oil free, while also having a long useful life. EVPs are ideal choice for EVs (electric vehicles), hybrids, standard gasoline vehicles, NEVs (neighborhood electric vehicles), and high-performance automobiles.
 

Based on propulsion type, global automotive electric vacuum pump industry is arrayed into EV (electric vehicles), and ICE (internal combustion engines). By Vehicle type, the industry classification comprises HCV (heavy commercial vehicle), LCV (light commercial vehicle), and passenger cars. Speaking of sales channel, the business vertical is segmented into OEM (original equipment manufacturers), and aftermarket.
 

Moving on to application ambit, the industry is split into engine, and brake segments. Among these, engine segment is expected to account for 15% market share over the forecast timeframe. This can be attributed to stringent regulations on carbon emissions across Asia Pacific, North America, and Europe, coupled with increasing requirements for additional vacuum pumps for internal combustion engine systems.
 

From a geographical perspective, the research literature fragments automotive electric vacuum pump marketplace into North America (U.S., Canada), Europe (Germany, France, Spain, U.K, Italy, Russia, Poland), Asia Pacific (China, Malaysia, India, Japan, Indonesia, South Korea), Latin America (Brazil, Mexico, Argentina), and Middle East & Africa (Turkey, Iran, South Africa).
 

Major contenders in the industry sphere include Johnson Electric Holdings Ltd., SDTec Co. Ltd., Rheinmetall AG, Mikuni Corp., YT Stable Tech. Corp., Youngshin Precision Co. Ltd., LPR Global Inc., Lvxiang Electric Vehicle Co. Ltd., Continental AG, Hella KGaA Hueck & Co., Ningbo Tuopu Group Co. Ltd., and Dalian Haina New Energy Automobile Parts Manufacturing Co. Ltd.