Skip to main content

Automotive Active Purge Pump Market Demand, Scope and Future Estimation until 2031

 Automotive Active Purge Pump Market is slated to witness impressive growth at 11.2% CAGR between 2021 and 2031

According to Future Market Insights (FMI), the global automotive active purge pump market is projected to expand at a CAGR of 11.2% between 2021 and 2031. As the focus on reducing vehicular emissions gains traction, sales of active purge pumps for automobiles will grow.

The overall market valuation will total US$ 192 Mn in 2031, up from US$ 66.3 Mn recorded in 2021. Growth will continue as automakers exhibit higher inclination for integrating effective emission control systems in vehicles they manufacture. Supporting this will be consistently expanding market fuel-efficient vehicles.

Rising cognizance of emission control and scramble for fuel efficiency among motorists is likely to propel growth of the automotive active purge pump market.

Poor air quality caused by fossil fuel continues to be a major source of concern in metropolitan areas, necessitating the installation of an automobile active purge pumps for effective emission control in vehicles.

According to organizations such as the World Health Organization, urban air pollution is still a serious problem that can be addressed with proper emission management. As a result, demand for effective automobile emission control technologies, such as automotive active purge pumps is at all-time high.

Key Takeaways from Market Study

  • By material type, the non-metal segment is expected to account for a share of more than 70% in the global market. The high demand for non-metal automotive active purge pumps can be ascribed to their cost-effectiveness and easy availability.
  • By manufacturing process, others segment is expected to be the leader with a share of more than 40%.
  • By sales channel, the OEM segment will dominate the market, accounting for nearly 65% of sales.
  • By vehicle type, passenger car segment projected to dominate the market, accounting for more than 77% of the total demand.
  • By region, Europe is expected to have the largest share in the global market, accounting to more than 49% of sales.

“Government intervention for effective emission control and increasing number of programs intended to reduce vehicle emissions are projected to push growth in the automotive active purge pump market. With the increasing popularity of hybrid cars, makers of automotive active purge pumps will have impressive opportunities for sales in the future” says a Future Market Insights analyst.

Key Market Segments Covered

By Material Type :

  • Metal 
  • Non-Metal 

By Manufacturing Process :

  • Cutting
  • Vacuum Forming 
  • Injection Molding 
  • Others 

By Sales Channel :

  • OEM 
  • Aftermarket 

By Vehicle Type :

  • Passenger Vehicle 
  • Commercial Vehicle 

By Region :

  • North America 
  • Latin America 
  • Europe 
  • East Asia 
  • South Asia & Pacific 
  • Middle East & Africa 

Automotive Active Purge Pump Market Competitive Landscape

Key players operating in the market are Denso Corporation, Continental AG, Vitesco Technologies, Hyundai Kefico, Agilent Corporation, Robert Bosch GmbH, Rheinmetall Automotive, and others.

For More Info@ https://www.futuremarketinsights.com/reports/automotive-active-purge-pump-market

Comments

Popular posts from this blog

Medical Gloves Market Trends, Growth, Future Demand, Analysis and Forecast by 2032

 The medical gloves market has witnessed significant growth and evolution, especially in recent years, due to the global healthcare challenges, including the COVID-19 pandemic. Medical gloves are crucial protective equipment used by healthcare professionals to prevent the transmission of infections, maintain hygiene standards, and ensure the safety of both patients and medical personnel. This market encompasses a wide range of glove types, including latex, nitrile, vinyl, and others, each with its unique features and applications. One of the key drivers of the medical gloves market is the increasing focus on infection prevention and control in healthcare settings. The heightened awareness of the importance of hand hygiene, especially in the wake of the pandemic, has led to a surge in demand for medical gloves worldwide. Healthcare facilities, including hospitals, clinics, and laboratories, require a steady and reliable supply of gloves to maintain safety protocols an...

Sales of Commercial Aircraft Video Surveillance Systems to Decelerate in 2020 as COVID 19 Pandemic Takes its Toll on Global Market

  Market Introduction Future Market Insights, in its recent study on the  Commercial Aircraft Video Surveillance Systems market,  offers a detailed value-volume analysis of the Commercial Aircraft Video Surveillance Systems market on the basis of various segments such as product type, application, aircraft type, assembly and region. In terms of product type, cabin surveillance systems is projected to be a lucrative segment in terms of growth opportunities and are mostly being installed in the line fit assembly applications in the commercial aircraft video surveillance systems. To Get the Sample Copy of Report visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5202 There has been significant growth in the number of freighter planes due to expanding e-commerce and pharmaceutical sectors and outperforming global trade growth. From a macroeconomic point of view, demand for commercial aircrafts is anticipated to more than double in the next two decade...

Dural Graft Market Future Trends, Industry Size and Forecast to 2032

 The Dural Graft market is a dynamic and vital sector within the medical device industry, contributing significantly to the advancement of neurosurgery and the treatment of various neurological conditions. Dural grafts, also known as dural substitutes or patches, are crucial in repairing and reinforcing the dura mater, the protective membrane surrounding the brain and spinal cord. As of 2033, this market is experiencing substantial growth due to an increased demand for neurosurgical procedures and a surge in innovative technologies and materials. One of the key drivers of the Dural Graft market's growth is the rising incidence of neurological disorders and traumatic brain injuries. With an aging population and a greater understanding of neurological conditions, more individuals require neurosurgical interventions, driving up the demand for dural grafts. These grafts are instrumental in providing structural support and sealing cerebrospinal fluid leaks after surgerie...