Global Automotive Electric Vacuum Pump Market 2024–2033
Market size, share and growth analysis across all major regions and key countries, with forecasts for 2022–2030. The competitive landscape profiles 12 companies, including Continental AG and HELLA GmbH & Co. KGaA.
The global automotive electric vacuum pump market was valued at USD 1.51 Bn in 2022 and is projected to reach USD 3.2 Bn by 2030, growing at a CAGR of 14%. Europe is the largest regional market and Asia-Pacific is growing fastest.
Reports Description
The surging demand for fuel-efficient vehicles is boosting the market
According to Custom Market Insights (CMI), The Global Automotive Electric Vacuum Pump Market was worth around USD 1.3 billion in 2021 and is expected to reach USD 1.51 billion in 2022 and is predicted to grow to around USD 3.2 billion by 2030 with a compound annual growth rate (CAGR) of roughly 14% between 2022 and 2030.
The report analyses the Automotive Electric Vacuum Pump market’s drivers and restraints and the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Automotive Electric Vacuum Pump market.
The pneumatic operation of the brake booster and other components, such as the vacuum for the direct fuel injection system, are both adequately supported by automotive electric vacuum pumps (EVPs). Compared to mechanical pumps, which result in fuel savings of between 0.3 and 0.6 km for every three litres of fuel, these increase the fuel efficiency of the cars, which reduces carbon emissions by up to two grams of CO2/km. Other engine parts, including central locking systems, wastegate valves on the exhaust-gas turbocharger, and exhaust gas recirculation valves, also require a vacuum provided by vacuum pumps.
Automotive Electric Vacuum Pump Market: COVID–19 Impact Analysis
The automobile industry has been dramatically impacted by the COVID-19 pandemic, which has resulted in a significant drop in car production and inventory. However, the market for vehicle electric vacuum pumps is seeing long-term value grab potential as electric mobility gains traction. Manufacturers are growing their operations in China because the nation has one of the largest fleets of electric vehicles, followed by the United States.
Industry experts anticipate that sales will keep improving in 2022. However, based on the downturns experienced in 2020 due to the coronavirus pandemic, it is estimated that it may even take up to 3-5 years for the automobile sector to return to normal. As a result, it is anticipated that newly registered passengers in electric mobility would maintain economies in the automobile electric vacuum pump industry.
Automotive Electric Vacuum Pump Market: Growth Drivers
Enhanced vehicle fuel efficiency
The automotive electric vacuum pump market is expanding due to the increased fuel efficiency of using automotive EVPs. Depending on demand, it can be turned on and off. As a result, it is possible to prevent mechanical pumps from idling and wasting energy. Additionally, on-demand pump operation increases the likelihood that the pump will have a longer useful life while also prolonging the motor's lifespan. The lack of a mechanical pump also lessens the strain on the engine's lubrication system because there is no need for an additional oil supply for the vacuum pump. As a result, pumps can be designed to be smaller, which increases engine efficiency.
Furthermore, avoiding erroneous braking lowers excessive CO2 emissions and so conserves fuel, increasing a vehicle's fuel efficiency even in challenging driving situations. Therefore, the market will gain from developing automotive EVPs that allow engine-independent vacuum generation for brake boosters throughout the projected period. Additionally, the adoption of highly fuel-efficient automobiles with automotive EVPs is being fueled by a surge in global awareness of global warming, the need for mobility services, and vehicle safety.
Improved safety
The engine's camshaft powers the automotive electric vacuum pump, which can also be powered by the alternator shaft in some systems. Any machine that has excellent performance will gain from it. For example, a brake booster tank's air must be drained to create a vacuum, which can then be utilized to apply the brakes. This is the primary purpose of an automotive electric vacuum pump.
An electric vacuum pump for cars will lengthen engine life, boost horsepower, and keep the oil clean for longer. In addition, it improves the vehicle's capacity for safety. With vacuum sensors to track changes in the brake booster tank's space, the automotive electric vacuum pump ensures that drivers have enough power. With extensive use in cars for safety purposes, the automotive electric vacuum pumps market is expanding. Additionally, it keeps the engine running longer, extending motor life.
Automotive Electric Vacuum Pump Market Segmentation Analysis
In our research scope, the moringa market is segmented into propulsion, vehicle type, application, and sales channel. Based on propulsion type, the electric vehicle is estimated to hold a dominant market position in 2021 owing to the demand from the aftermarket sector and the recent increase in new energy vehicle manufacturing and sales. Additionally, during the forecast period, the market for new energy cars, such as BEVs and PHEVs, is anticipated to rise in emerging nations.
Based on the sales channel, the market is categorized into OEM and aftermarket segments. Because EV production is rising internationally to reduce carbon emissions, the OEM category is predicted to hold the top spot in the market. In addition, the start of the COVID-19 pandemic has had an impact on the manufacture of electric vehicles all around the world. However, the effect is anticipated to diminish starting in 2021, restarting electric car manufacture and reviving the EVP market.
Report Scope
Feature of the Report
Details
Market Size in 2021
USD 1.3 Billion
Projected Market Size in 2030
USD 3.2 Billion
Market Size in 2022
USD 1.51 Billion
CAGR Growth Rate
14% CAGR
Base Year
2023
Forecast Period
2024-2033
Prominent Players
Continental AG, HELLA GmbH & Co. KGaA, Dalain Haina New Energy Auto Parts Manufacturing Co. Ltd., Robert Bosch GmbH, Johnson Electric, Magna International Inc., Rheinmetall Automotive AG, Toupo Group, Valeo SA, WABCO, YT STABLE TECH. CORP., Youngshin Precision, Co. Ltd., and Others
Key Segment
By Propulsion, Application, Vehicle Type, Sales Channel, and Region
Report Coverage
Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options
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Key Insights:
As per the analysis shared by our research analyst, the Automotive Electric Vacuum Pump market is estimated to grow annually at a CAGR of around 14% over the forecast period (2022-2030).
In terms of revenue, the Automotive Electric Vacuum Pump market size was valued at around USD 1.3 billion in 2021 and is projected to reach USD 3.2 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
Based on propulsion segmentation, the electric vehicle segment was estimated to hold the maximum market share in 2021.
Based on application type segmentation, the brake segment was the top revenue-generating category in 2021.
Based on vehicle type segmentation, the passenger car segment was the top revenue-generating category in 2021.
Based on sales channel segmentation, the OEM segment was the top revenue-generating category in 2021.
Based on geography/region, the Asia Pacific region was the leading revenue generator in 2021.
Recent Development
May 2022: ADVIK and Entecnia, a Spanish company, collaborate technically on electric vacuum pumps for xEV and ICE Braking Systems.
Regional Landscape
The automotive electric vacuum pump market is estimated to be the largest in the Asia Pacific because of developing nations like China and India. With the improvement of technology in these areas, OEMs plan to expand their manufacturing capacity in terms of volume and establish new facilities. The rise of the automotive industry in the Asia Pacific has been fueled by an increase in car production, which has also fueled the market for automotive electric vacuum pumps. With the implementation of new technology in their output, Western European nations like Germany, France, and the UK are increasing their production of automotive electric vacuum pumps. North America and Latin America are following, with a few of the largest automotive manufacturing companies in these regions.
Competitive Landscape
The industry is heavily consolidated, with the top five manufacturers controlling about half of the global Automotive EVP (Electric Vacuum Pump) market. To obtain an advantage over rival businesses, well-known corporations collaborate with producers of electric vehicles. Due to the growing market need for electric vacuum pumps, several manufacturers are investing in these technologies. For instance, Continental AG created the one-box braking system, which reduces fuel consumption and carbon emissions by weighing the size and quantity of brake system components.
Prominent Players:
Continental AG
HELLA GmbH & Co. KGaA
Dalain Haina New Energy Auto Parts Manufacturing Co. Ltd.
Robert Bosch GmbH
Johnson Electric
Magna International Inc.
Rheinmetall Automotive AG
Toupo Group
Valeo SA
WABCO
YT STABLE TECH. CORP.
Youngshin Precision Co. Ltd.
The global Automotive Electric Vacuum Pump market is segmented as follows:
By Propulsion
EV
ICE
By Application
Brake
Engine
By Vehicle Type
Passenger Cars
Commercial Vehicles
By Sales Channel
OEM
Aftermarket
On the basis of Geography
North America
U.S.
Canada
Mexico
Rest of North America
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
New Zealand
Australia
South Korea
Rest of Asia Pacific
The Middle East & Africa
Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
CMI.Market Research Report2022-2030
Global Automotive Electric Vacuum Pump Market 2024–2033
Which region will dominate the global Automotive Electric Vacuum Pump market?
"Asia-Pacific" region will lead the global Automotive Electric Vacuum Pump market during the forecast period 2022 to 2030.
Which are the driving factors of the Automotive Electric Vacuum Pump market?
The key factors driving the market are enhanced vehicle fuel efficiency and improved safety.
Who are the top players operating in the Automotive Electric Vacuum Pump market?
The key players operating in the Automotive Electric Vacuum Pump market are Continental AG, HELLA GmbH & Co. KGaA, Dalain Haina New Energy Auto Parts Manufacturing Co. Ltd., Robert Bosch GmbH, Johnson Electric, Magna International Inc., Rheinmetall Automotive AG, Toupo Group, Valeo SA, WABCO, YT STABLE TECH. CORP., Youngshin Precision, Co. Ltd.
What will be the CAGR of global Automotive Electric Vacuum Pump market?
The global Automotive Electric Vacuum Pump market is expanding growth with a CAGR of approximately 14% during the forecast period (2022 to 2030).
What is the existing size of Automotive Electric Vacuum Pump market?
The global Automotive Electric Vacuum Pump market size was valued at USD 1.3 Billion in 2021 and it is projected to reach around USD 3.2 Billion by 2030.
Ayush Kadam is a Senior Market Research Analyst at Custom Market Insights, with over seven years of experience in syndicated and custom market research. He specializes in market sizing, competitive intelligence, industry trends, forecasting, and strategic insights, helping clients turn complex data into actionable business decisions.