Automotive Electric Vacuum Pump Market: Global Analysis, Industry Demand and Regional Forecast to 2027

Global automotive electric vacuum pump market is anticipated to depict a CAGR of 4.5% through 2027, having recorded a valuation of USD 864.33 billion in 2020. By 2027, the market is expected to hit a remuneration of USD 1.1 billion.

The automotive electric vacuum pump industry is estimated to procure steady growth supported by the rising need in the operation of several engine applications like direct fuel injection and for better fuel efficiency. Electric vacuum pumps are powerful and compact and are used in modern electric vehicles, hybrids, as well as in vehicles that have conventional drivelines. For downsized gasoline engines, small pumps are essential as they guarantee an adequate vacuum level, such as for boosting the braking power.

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Companies operating in the automotive electric vacuum pump market are focusing on enhancing the operational efficiency of products to have a correct vacuum, even in extreme situations like during cold start or driving at extreme altitudes. In order to serve this demand, several manufacturers are making electric vacuum pumps that are operational only when brakes are applied, which in turn, raises the efficiency of the driveline.

They are also working on forward integration in terms of services like product installation, design, and final assembly, given that aftersales is an important way to gain customer trust. Collaborations and partnerships with vehicle manufacturers is another business strategy being adopted, for achieving direct sales and product development.

In 2019, automotive supplier, Hella announced the integration of a range of diverse electronics and lighting products in the new e.GO Life vehicle, including a new electric vacuum pump which supports braking function.

Based on vehicle type, the HCV segment is likely to record a CAGR of around 6% on account of expanding logistics and construction industries in Latin America and Asia Pacific. The cost effectiveness of the product is also a key benefit that could boost its adoption.

Meanwhile, the North America automotive electric vacuum pump market held more than 15% share in 2020 credited to large-scale electric vehicle sales and production in the region. Electric vehicle sales in the U.S were recorded above 300,000 in 2020. OEMs are using a wide range of modern and evolved fuel-efficient technologies in gasoline engine vehicles, that is projected to drive product demand.

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Data Tables

TABLE 1    Global automotive electric vacuum pump market estimates & forecast (Thousand Units) (USD Million), 2017 - 2027

TABLE 2    Global automotive electric vacuum pump industry volume estimates & forecast by propulsion type, (Thousand Units), 2017 - 2027

TABLE 3    Global automotive electric vacuum pump industry revenue estimates & forecast by propulsion type, (USD Million), 2017 - 2027

TABLE 4    Global automotive electric vacuum pump industry volume estimates & forecast by vehicle, (Thousand Units), 2017 - 2027

TABLE 5    Global automotive electric vacuum pump market revenue estimates & forecast by vehicle, (USD Million), 2017 - 2027

TABLE 6    Global automotive electric vacuum pump industry volume estimates & forecast by application, (Thousand Units), 2017 - 2027

TABLE 7    Global automotive electric vacuum pump industry revenue estimates & forecast by application, (USD Million), 2017 - 2027

TABLE 8    Global automotive electric vacuum pump industry volume estimates & forecast by sales channel, (Thousand Units), 2017 - 2027

TABLE 9    Global automotive electric vacuum pump industry revenue estimates & forecast by sales channel, (USD Million), 2017 – 2027

TABLE 10    Global automotive electric vacuum pump market volume estimates & forecast by Region, (Thousand Units), 2017 - 2027

TABLE 11    Global automotive electric vacuum pump market revenue estimates & forecast by Region, (USD Million), 2017 - 2027

TABLE 12    Vendor matrix

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