April 28, 2022
According to the recent research report titled ‘Automotive Evaporative Emission Control (EVAP) System Market Size By Vehicle (PCV, LCV, HCV, Two Wheelers), By Components (Fuel Tank, Gas Cap, Liquid Vapor Separator, Canister, Control Valve, Sensor, Hoses), By Distribution Channel (OEM, Aftermarket) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, Netherlands, China, India, Japan, Australia, South Korea, Thailand, Indonesia, Brazil, Mexico, Argentina, Chile, Saudi Arabia, UAE, Iran, South Africa), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’ available with MarketStudyReport, global automotive evaporative emission control (EVAP) system market to garner substantial gains by 2025.
The factors inducing the growth of global automotive evaporative emission control system market are increasing concerns over solar radiation and gasoline evaporation at different temperatures throughout the day, as well as growing vehicle pollution levels.
Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/1984500/
Focus towards mandating fuel evaporation regulations, increasing R&D efforts, and subsequent technological breakthroughs are also aiding towards the overall market expansion. Growing demand for emission control solutions to encourage carbon neutral cities, improve air quality, and reduce harmful vehicle discharge are adding traction to the overall market size.
The global automotive evaporative emission control system marketplace is segmented on the basis of vehicle type, component type, distribution channel, and regional analysis.
As per vehicle type, the market is divided into HCV, LCV, PCV, and two-wheelers. Among these, PCV segment is poised to grow significantly due to increasing passenger vehicle demand and improving economic conditions.
By component, the market is bifurcated into a gas cap, fuel tank, canister, control valve, liquid-vapor separator, sensor, and horses. The report cites that sensors segment held a captured a considerable volume share and is expected to show considerable growth in the forecast timeline.
In terms of distribution channels, the market is divided into OEM and aftermarket. OEM is predicted to garner positive gains by 2025 with the help of fuel evaporation control equipment to qualify test and meet the standard.
Moving forward the regional analysis, global automotive evaporative emission control system industry spans across North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. North America will showcase significant growth over the forecast period, primarily due to high concentration of vehicles manufacturers and introduction of strict environmental norms related to fuel emission.
The major players defining the global automotive evaporative emission control system marketplace are Plastic Fuel Systems, Delphi Technologies, Sentec Group, Stant Corporation, Didac International, Padmini VNA Mechatronics Pvt. Ltd., TI Automotive, Eagle Industry Co., The Plastic Omnium Group, Robert Bosch, and Standard Motor Products Inc.