As per the 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 MarketStudyReport, global automotive electric vacuum pump industry is anticipated to record a healthy growth rate during the forecast period 2021-2027.
 

Increasing adoption of direct fuel injection technology in gasoline vehicles, spike in passenger vehicle sales, rising penetration of electric vehicles, and stringent regulations to reduce carbon emissions are fostering global automotive electric vacuum pump market growth. However, high cost and lower efficiency may limit product adoption in the forthcoming years.

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Notably, an electric vacuum pump is ideal for a wide range of vehicle types, including standard gasoline vehicles, EVs, hybrids, NEVs (neighborhood electric vehicles), high-performance vehicles, trucks, mini-buses, sedans, and SUVs. The purpose of these pumps is to ensure that there is brake booster performs without any fault. These pumps are specially designed to rude noise, are maintenance-free, do not require oil, and are long-lasting.

Considering the application scope, engine segment is estimated to capture 15% of global automotive electric vacuum pump industry share over the forecast timeframe, creditable growing necessity of additional vacuum in gasoline direct engines and mandates to reduce carbon emissions. Besides, new engine technologies like those in electric vehicles and hybrid vehicles are not able to produce vacuum pressure, further enhancing the demand for the pump.

From a geographical perspective, Middle East & Africa is anticipated to represent a lower share of the market to logistics issues and higher dependency on raw materials supply from major economies like China and Germany. Moreover, lower production of electric vehicles in the region have held back the industry expansion. However, escalating sales of luxury passenger cars along increasing EV production is touted to boost the regional market growth over the forecast timeframe.

Johnson Electric Holdings Ltd., SDTec Co. Ltd., Mikuni Corp., Rheinmetall Automotive AG, YT Stable Tech. Corp., Youngshin Precision Co. Ltd., LPR Global, Ningbo Tuopu Group Co. Ltd., Lvxiang Electric Vehicle Co. Ltd., Continental AG, Dalian Haina New Energy Auto Parts Manufacturing Co. Ltd., and Hella KGaA Hueck & Co. are the major players in global automotive electric vacuum pumps business sphere.