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

Published Date: Mar 2021  |  Report ID: GMI5009  |  Authors: Kiran Pulidindi, Akshay Prakash

Report Format: PDF   |   Pages: 200   |   Base Year: 2020




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Automotive Electric Vacuum Pump Market size valued at USD 864.33 million in 2020 and is estimated to exhibit over 4.5% CAGR from 2021 to 2027. Automotive electric vacuum pumps (EVP) provide sufficient vacuum for the pneumatic operation of the brake booster and other components such as vacuum for the direct fuel injection system. These improve the fuel efficiency of the vehicles, which result in carbon-savings of up to two grams CO2/km compared to mechanical pumps, which equate to fuel-savings of 0.3 to 0.6 km on every three liters of fuel. Vacuum pumps also provide vacuum for other engine components such as central locking systems, wastegate valves on the exhaust-gas turbocharger, and exhaust gas recirculation valves.
 

Automotive Electric Vacuum Pump Market

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Several automotive manufacturers are lowering CO2 emissions owing to strict new requirements taking effect in 2020 and 2025. For instance, in 2015, many automotive manufacturers in Europe faced penalties due to vehicles generating carbon above 180 per km. In 2020, the limit decreased to 140g carbon per km and by 2025, the limit will be around 100g carbon per km, which is anticipated to provide significant opportunities for automotive electric vacuum pump manufacturers.
 

Automotive Electric Vacuum Pump Market Report Coverage
Report Coverage Details
Base Year:2020Historical Data for:2017 to 2020
Market Size in 2020:864.33 Million (USD)Forecast Period:2021 to 2027
Forecast Period 2021 to 2027 CAGR:4.5%No. of Pages:200
2027 Value Projection:1,168.70 Million (USD) Tables, Charts & Figures:294
Geographies covered (21):U.S., Canada, Germany, France, Italy, Spain, U.K , Russia, Poland, China, India, Japan, Malaysia, South Korea, Indonesia, Brazil, Mexico, Argentina, Turkey, South Africa and Iran
Segments covered:Product, Vehicle , Material , Sales Channel and Region
Growth Drivers:
  • Increasing adoption of direct fuel injection technology in gasoline vehicle
  • Growth in passenger vehicle sales
  • The increasing adoption of EVs is likely to surge the industry proliferation
Pitfalls & Challenges:
  • Prohibitive cost of electric vacuum pump compared to other counter parts
  • Lower efficiency to generate vacuum may restrict the product demand

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The increasing adoption of EVs is likely to surge the industry proliferation

The electric vehicles segment accounted for around 20% of the automotive electric vacuum pump market share in 2020 driven by the increasing production and sales of new energy vehicles in the past few years and demand from the aftermarket segment. In emerging countries including China, India, and Mexico, the potential of electric vacuum pump sales is enormous as the demand for new energy vehicles, such as BEV and PHEVs, is expected to increase significantly.
 

Many government authorities are offering subsidies to consumers on buying new energy vehicles. For instance, in Shenzhen (China), local authorities are offering subsidies of up to USD 5,000 for every New Energy Vehicle (NEV) to stimulate automobile sales, which was whittled down on account of the COVID-19 pandemic.
 

Growing passenger vehicle sales to spur heatshield demand

Automotive Electric Vacuum Pump Market

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In 2020, the passenger cars segment generated around USD 650 million revenue. The dominance is mainly attributed to increasing passenger car production and product adoption in luxury & sedan cars. Moreover, in developing countries, the adoption of direct fuel injection systems has increased in passenger cars to improve the fuel efficiency of the vehicle and lower carbon emissions. The current direct fuel injection system needs an additional pump since the vacuum can no longer be controlled by the throttle valve. Moreover, the increasing penetration of direct fuel injection systems in vans and pickup trucks will lead to a larger demand for EVP.
 

OEM segment to hold a major market share

The OEM automotive electric vacuum pump market accounted for more than 95% share in 2020. The rising production of electric vehicles worldwide to reduce carbon emissions is enhancing the segment growth. The COVID-19 pandemic has considerably obstructed electric vehicle production globally. Despite lockdown and halt in the production of electric vehicles globally, the NEV industry has observed substantial growth. For instance, according to the China Association of Automobile Manufacturers (CAAM) from January to November 2020, China has manufactured nearly 1.2 million new electric vehicles.
 

Lower carbon emissions & high fuel efficiency to augment electric vacuum pump penetration

The brake segment is projected to witness above 4.4% CAGR through 2027propelled by its lower fuel consumption and emissions compared to mechanical vacuum pumps since it stops working if the person does not use the brakes. Additionally, electric vacuum pumps also release the extra load from the engine lubrication systems since it does not require any lubrication for working, which will further boost the market expansion.  
 

Asia Pacific to account for significant share impelled by the presence of a large automotive industry

Automotive Electric Vacuum Pump Market

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Asia Pacific automotive electric vacuum pump market captured about 50% share in 2020 led by large automotive and electric vehicle production in China. In 2019, electric vehicle production in China was nearly 1.2 million. Automotive manufacturers are adopting a wide array of advanced fuel-efficient technologies to lower carbon emissions, such as direct fuel injection systems, driving the market growth. Moreover, many Asian countries are adopting electric vehicles in public transports.
 

The automotive electric vacuum pump industry to be highly consolidated

The industry is vastly consolidated with the top five manufacturers holding nearly half of the global market. Prominent companies are involved in partnerships with electric vehicle manufacturers to gain a competitive edge over other competitors. With the rising demand for electric vacuum pumps, many manufacturers are investing in these technologies to gain an upper hand in the market. For instance, Continental AG developed the one box brake system, which weighs the size and number of components of the brake system and lowers fuel consumption & carbon emission.
 

Some of the key automotive electric vacuum pump market players are Hella, Continental AG, Lvxiang Electric Vehicle Co., Ltd., Tuopu Group, LPR Global, Youngshin Precision, Co., Ltd., and Rheinmetall Automotive AG. Some of the key strategies adopted by these manufacturers are the expansion of production facilities and investment in R&D and new product development.
 

This market research report on automotive electric vacuum pump includes in-depth coverage of the industry with estimates & forecast in terms of volume in Thousand Units and revenue in USD million from 2017 to 2027 for the following segments

Market, by Propulsion Type

  • EV
  • ICE

Market, by Vehicle

  • Passenger Cars
  • LCV
  • HCV

Market, by Application

  • Brake
  • Engine

Market, by Sales Channel

  • OEM
  • Aftermarket

The above information is provided on a regional and country basis for the following:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • U.K
    • Russia
    • Poland
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • Turkey
    • South Africa
    • Iran

 

Frequently Asked Questions (FAQ) :

The automotive electric vacuum pump market size was valued at USD 864.33 million in 2020 and will grow at a CAGR of 4.5% by 2027.
The OEM segment accounted for over 95% of the overall market share in 2020 and will expand with the surging production of electric vehicles for the reduction of carbon emissions.
The APAC automotive electric vacuum pump market held 50% of the total revenue in 2020 and will depict an increase in industry size due to the rising adoption of advanced fuel technologies by regional automobile manufacturers.
The brake segment will expand at a CAGR of 4.4% by 2027, given the advantage of lower fuel consumption over mechanical vacuum pumps.

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Premium Report Details

  • Published Date: Mar 2021
  • Pages: 200
  • Tables: 275
  • Charts / Figures: 19
  • Companies covered: 12
  • Countries covered: 21

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