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An Global Auto Active Purge Pump is used in an evaporative fuel processing system which is located outside engine compartment to control the purge flow. The active purge pump is most often used in vehicles to reduce hydrocarbon emissions from the evaporative canister and store the gases that are burned in the engine.
Growing awareness and concerns regarding the environment and an increase in demand for fuel-efficient active purge pump systems will drive the growth of the market. Increased GDP in the developing countries and increase in sales of premium vehicles in the global market will boost the growth of the Global Auto Active Purge Pump market. Stringent regulations for emissions by the European government will boost the market demand as most of the key players of active purge pump market are also major players in Europe. The manufacturers are also investing heavily in new technologies with the objective to meet the demand of reduced emissions and fuel efficient products. This will play a significant role in the growth of the market. Furthermore, the introduction of stringent safety norms and standards by various governments increases the demand for active purge pump. Owing to this, the major manufacturers are focusing on the development of improved Global Auto Active Purge Pumps as per regulations.
Global Auto Active Purge Pump market is expected to witness ~11% CAGR during the period 2017 to 2023.
The global Global Auto Active Purge Pump market has been segmented on the basis of material, components, manufacturing process, sales channel, vehicle type and region. On the basis of material, the market is segmented into Metal and Non-metal. Non-Metal type active purge pump is expected to dominate the global market throughout the forecast period in terms of market revenue due to increased demand for non-metal parts and lightweight parts. Non-Metal type active purge pump system segment had more than 50% of the total market revenue share in the year 2016. On the basis of component, the market is segmented as DC motor, sensors, actuator, and valves. DC motor segment will dominate the market during the forecast period as it converts electrical energy into mechanical energy and drives the active purge pump. On the basis of manufacturing process, the market has been segmented into cutting, vacuum forming, and injection molding. Vacuum forming type will dominate the market throughout the forecast period due to the increased use of plastic formability in auto ancillary. On the basis of sales channel, the market has been segmented as OEM and aftermarket. Aftermarket segment is expected to grow at a higher CAGR over the forecast period owing to the increase in awareness regarding emission norms and replacement of active purge pump parts such as sensors and actuators due to shorter lifespan. On the basis of vehicle type, the market is segmented into passenger vehicle and commercial vehicle. Passenger vehicles has accounted for the major market share. The increase in demand for fuel-efficient passenger vehicle in major developing nations will enhance the growth of the global market.
The prominent players in the Global Auto Active Purge Pump market include Continental AG (Germany), Agilent Technologies (U.S.), Robert Bosch GmbH (Germany), and Denso Corporation (Japan).
This research report provides insights into various levels of analysis, such as industry analysis and market share analysis for the leading industry competitors, along with their profiles. It also helps in studying the target segments by providing views on the emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios and strategies in the global Global Auto Active Purge Pump market, including high-growth regions and/or countries, and political and economic environments. The project report, further provides both – historical market values and pricing & cost analysis.
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