According to the 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 anticipated to showcase lucrative growth trends between 2021 and 2027.
 

Rising sales of luxury passenger cars, need for additional vacuum in gasoline direct engine system, growing EV production, and regulations to limit carbon emissions are the primary factors driving the growth of global automotive electric vacuum pump market.
 

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For the record, electric vacuum pumps are ultimate choice for electric RVs, hybrids, standard gasoline vehicles, electric vehicles, and top-performance automobiles. These are specially designed to reduce noise and are mostly oil free with minimal maintenance and longer life.
 

However, excessive cost of electric vacuum pump in comparison to correspondents along with lesser efficiency to generate vacuum are the major factors restraining the growth of worldwide automotive electric vacuum pump industry.
 

Considering the application ambit, the industry is segmented into engine and brake. As cited in the report, engine segment is anticipated to amass a market share of 15% by the end of forecast duration.
 

Based on propulsion type, the marketplace is divided into EV and ICE. Speaking of sales channel, the industry space is classified into aftermarket and OEM.
 

Geographically, North America, Asia Pacific, Europe, Middle East & Africa, and Latin America are major contributors to overall automotive electric vacuum pump industry valuation.
 

As cited in the report, Middle East & Africa market is likely to hold a lower share over the forecast period, owing lower production of electric vehicles and increased dependency of raw materials from Germany and China along with logistical issues. However, increasing sales of luxury passenger cars each year with boom in EV production is likely to raise the demand for automotive electric vacuum pump over the forecast timeline.
 

Major companies profile in the business intelligence report include Johnson Electric, SDTec Co. Ltd., Mikuni Corporation, YT STABLE Tech. Corp., Rheinmetall Automotive AG, Hella KGaA Hueck & Co., Youngshin Precision Co. Ltd., LPR Global, Ningbo Tuopu Group,  Lvxiang Electric Vehicle Co. Ltd., Continental AG, and Dalian Haina New Energy Auto Parts Manufacturing Co. Ltd.