Pune, India, July, 2018 /MRFR Press Release/- Market Research Future published a half cooked research report on global Automotive Active Purge Pump market.
An automotive active purge pump refers to an evaporative fuel processing system that uses vapor canister, valve assembly and actuator to reduce the hydrocarbon evaporative emissions from the vehicle. The active purge pump extracts hydrocarbon from the emission canister to control hydrocarbon emission. Stringent government regulations and growing sales of vehicles across the globe increases the demand for active purge pumps. The massive growth in sales of passenger vehicles will boost the demand for active purge pump systems with increased number of benefits such as pressure sensing, hose off detection and low power consumption.. Increase in the per capita disposable income and growing purchasing power will enhance the growth of the market. However, the growth of the market is challenged by the high prices of the product and demand for battery-operated electric vehicles.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Active Purge Pump market Research Report
Market Research Analysis
On the basis of region, the market is segmented into the regions of North America, Asia-Pacific, Europe, and the rest of the world. Europe region is expected to dominate the market during the forecast period. In Europe, the existence of major manufacturers and their partnerships with the local players, over time, have deepened the scope of the market. The increase in the sales of vehicles in Europe and awareness towards the environment safety will drive the market during the forecast period. In the future, government regulations regarding emissions in Europe are expected to become stricter every year. This requires the manufacturers to be well aware about the regulatory demands. North America is expected to be the second largest market during the forecast period due to immense demand for passenger cars in the U.S. With an increase in demand for commercial vehicles there has been an increase in demand for automotive active purge pumps. Asia-Pacific is expected to be the third largest market during the forecast period due to the presence of major manufacturers such as Continental AG in this region. India, Japan, and China account for a majority of the market share of automotive active purge market in Asia-Pacific.
Scope of the Report
This study provides an overview of the global automotive active purge pump market, tracking five market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive active purge pump market by material, components, manufacturing process, sales channel, vehicle type and regions.
The prominent players in the automotive active purge pump market include Continental AG (Germany), Agilent Technologies (US), Robert Bosch GmbH (Germany), and Denso Corporation (Japan).