The automotive EVP market is anticipated to observe commendable growth owing to increasing sales of luxury passenger cars, growing need for the additional vacuum in gasoline direct engine system, increasing EV production, and ongoing regulations to curb the carbon emissions. EVP or electric vacuum pump are an ideal choice for RVs (electric vehicles), standard gasoline vehicles, hybrids, NEVs (neighborhood electric vehicles) as well as top-performance automobiles.
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It is also used for trucks, mini-buses, SUVs, and sedans. These are also specifically designed to lessen noise and are basically maintenance free, and oil free and are also known to be long lasting. Automotive electric vehicle pumps are mainly used to make sure there is reliable operation of the brake booster.
The automotive EVP market is bifurcated into various segments in terms of vehicle type, application, propulsion type, sales channel, and regional landscape.
In terms of application, the market for automotive electric vacuum pump is divided into engine and brake. Among these, the engine application segment will be hold considerable share of around 15% over projected time period. Rising need for the additional vacuum in gasoline direct engine system and new regulation to curb the carbon emission across North America, Asia Pacific and Europe will drive demand for the automotive electric vacuum pump.
Besides, internal combustion engine, new and up-to-date engine technologies like those found in hybrid vehicles or electric vehicles are not able to form vacuum pressure. This is where the additional vacuum comes into play.
Apart from supporting engine types like EV and hybrid and reduction of carbon emissions, there are numerous other advantages as well. Having an additional vacuum results in reduction in energy needs thanks to the on-demand based pump operation. These vacuums are also independent of combustion engine technology and are further maintenance free. Here, the dry running and self-lubrication does not require any connection to the oil circuit. In addition, electrically driven vacuum pumps also support a versatile vehicle platform concept.
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From a regional frame of reference, Middle East & Africa will be accounting for lower share of the global automotive EVP market. Logistical issues as well as higher dependency on raw materials supply from the countries such as China and Germany and lower production of electric vehicles are key reason behind low penetration of automotive electric vacuum pump market in the region.
However, the increasing sales of luxury passenger cars seen each year coupled with increasing EV production in the region will raise the demand for automotive electric vacuum pump by the end of forecast time period.
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