ID: MRFR/AM/8615-HCR | February 2021 | Region: Global | 130 Pages
Table of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope of the Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Capacity Estimation
3.4 Forecast Model
3.5 List of Assumptions
3.6 Limitations of the Study
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Porterβs Five Forces Analysis
5.5.1 Threat of New Entrants
5.5.2 Bargaining Power of Buyers
5.5.3 Bargaining Power of Suppliers
5.5.4 Threat of Substitutes
5.5.5 Intensity of Rivalry
5.6 Value Chain/Supply Chain Analysis
6 Global Automotive Evaporative Emission Control System (EVAP) Market, by Part
6.1 Introduction
6.2 Fuel Tank
6.2.1 Market Estimates & Forecast, 2020β2027
6.2.2 Market Estimates & Forecast, by Region, 2020β2027
6.3 Vent Hoses
6.3.1 Market Estimates & Forecast, 2020β2027
6.3.2 Market Estimates & Forecast, by Region, 2020β2027
6.4 Purge Valve/Sensor
6.4.1 Market Estimates & Forecast, 2020β2027
6.4.2 Market Estimates & Forecast, by Region, 2020β2027
6.5 EVAP Canister
6.5.1 Market Estimates & Forecast, 2020β2027
6.5.2 Market Estimates & Forecast, by Region, 2020β2027
6.6 Fuel Tank Pressure Sensor
6.6.1 Market Estimates & Forecast, 2020β2027
6.6.2 Market Estimates & Forecast, by Region, 2020β2027
6.7 Liquid-vapor Separator
6.7.1 Market Estimates & Forecast, 2020β2027
6.7.2 Market Estimates & Forecast, by Region, 2020β2027
6.8 Fuel Level Sensor
6.8.1 Market Estimates & Forecast, 2020β2027
6.8.2 Market Estimates & Forecast, by Region, 2020β2027
6.9 Gas Cap
6.9.1 Market Estimates & Forecast, 2020β2027
6.9.2 Market Estimates & Forecast, by Region, 2020β2027
7 Global Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type
7.1 Introduction
7.2 Passenger Vehicle
7.2.1 Market Estimates & Forecast, 2020β2027
7.2.2 Market Estimates & Forecast, by Region, 2020β2027
7.3 Light Commercial Vehicle
7.3.1 Market Estimates & Forecast, 2020β2027
7.3.2 Market Estimates & Forecast, by Region, 2020β2027
7.4 Heavy Commercial Vehicle
7.4.1 Market Estimates & Forecast, 2020β2027
7.4.2 Market Estimates & Forecast, by Region, 2020β2027
7.5 Two-wheelers
7.5.1 Market Estimates & Forecast, 2020β2027
7.5.2 Market Estimates & Forecast, by Region, 2020β2027
8 Global Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel
8.1 Introduction
8.2 OEM
8.2.1 Market Estimates & Forecast, 2020β2027
8.2.2 Market Estimates & Forecast, by Region, 2020β2027
8.3 Aftermarket
8.3.1 Market Estimates & Forecast, 2020β2027
8.3.2 Market Estimates & Forecast, by Region, 2020β2027
9 Global Automotive Evaporative Emission Control System (EVAP) Market, by Region
9.1 Introduction
9.2 North America
9.2.1 Market Estimates & Forecast, by Part, 2020β2027
9.2.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.2.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.2.4 Market Estimates & Forecast, by Country, 2020β2027
9.2.5 US
9.2.5.1 Market Estimates & Forecast, by Part, 2020β2027
9.2.5.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.2.5.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.2.6 Canada
9.2.6.1 Market Estimates & Forecast, by Part, 2020β2027
9.2.6.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.2.6.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.2.7 Mexico
9.2.7.1 Market Estimates & Forecast, by Part, 2020β2027
9.2.7.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.2.7.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.3 Europe
9.3.1 Market Estimates & Forecast, by Part, 2020β2027
9.3.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.3.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.3.4 Market Estimates & Forecast, by Country, 2020β2027
9.3.5 Germany
9.3.5.1 Market Estimates & Forecast, by Part, 2020β2027
9.3.5.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.3.5.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.3.6 UK
9.3.6.1 Market Estimates & Forecast, by Part, 2020β2027
9.3.6.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.3.6.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.3.7 France
9.3.7.1 Market Estimates & Forecast, by Part, 2020β2027
9.3.7.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.3.7.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.3.8 Italy
9.3.8.1 Market Estimates & Forecast, by Part, 2020β2027
9.3.8.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.3.8.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.3.9 Rest of Europe
9.3.9.1 Market Estimates & Forecast, by Part, 2020β2027
9.3.9.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.3.9.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.4 Asia-Pacific
9.4.1 Market Estimates & Forecast, by Part, 2020β2027
9.4.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.4.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.4.4 Market Estimates & Forecast, by Country, 2020β2027
9.4.5 China
9.4.5.1 Market Estimates & Forecast, by Part, 2020β2027
9.4.5.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.4.5.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.4.6 Japan
9.4.6.1 Market Estimates & Forecast, by Part, 2020β2027
9.4.6.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.4.6.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.4.7 India
9.4.7.1 Market Estimates & Forecast, by Part, 2020β2027
9.4.7.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.4.7.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.4.8 Rest of Asia-Pacific
9.4.8.1 Market Estimates & Forecast, by Part, 2020β2027
9.4.8.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.4.8.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
9.5 Rest of the World
9.5.1 Market Estimates & Forecast, by Part, 2020β2027
9.5.2 Market Estimates & Forecast, by Vehicle Type, 2020β2027
9.5.3 Market Estimates & Forecast, by Distribution Channel, 2020β2027
10 Competitive Landscape
10.1 Competitive Scenario
10.2 Competitive Benchmarking of the Global Automotive Evaporative Emission Control System (EVAP) Market
10.3 Major Growth Key Strategies in the Global Automotive Evaporative Emission Control System (EVAP) Market
10.4 Market Share Analysis: Global Automotive Evaporative Emission Control System (EVAP) Market
10.5 Product Development in Global Automotive Evaporative Emission Control System (EVAP) Market
10.6 Mergers and Acquisitions in the Global Automotive Evaporative Emission Control System (EVAP) Market
10.7 Contracts and Agreements in the Global Automotive Evaporative Emission Control System (EVAP) Market
10.8 Expansions and Investments in Global Automotive Evaporative Emission Control System (EVAP) Market
11 Company Profile
11.1 SenTec Group (Switzerland)
11.1.1 Company Overview
11.1.2 Products/Services Offered
11.1.3 Financial Overview
11.1.4 Key Developments
11.1.5 Key Strategies
11.1.6 SWOT Analysis
11.2 The Plastic Omnium Group (France)
11.2.1 Company Overview
11.2.2 Products/Services Offered
11.2.3 Financial Overview
11.2.4 Key Developments
11.2.5 Key Strategies
11.2.6 SWOT Analysis
11.3 Eagle Industry Co., Ltd. (Japan)
11.3.1 Company Overview
11.3.2 Products/Services Offered
11.3.3 Financial Overview
11.3.4 Key Developments
11.3.5 Key Strategies
11.3.6 SWOT Analysis
11.4 Delphi Technologies (UK)
11.4.1 Company Overview
11.4.2 Products/Services Offered
11.4.3 Financial Overview
11.4.4 Key Developments
11.4.5 Key Strategies
11.4.6 SWOT Analysis
11.5 TI Automotive (UK)
11.5.1 Company Overview
11.5.2 Products/Services Offered
11.5.3 Financial Overview
11.5.4 Key Developments
11.5.5 Key Strategies
11.5.6 SWOT Analysis
11.6 Plastic Fuel Systems (China)
11.6.1 Company Overview
11.6.2 Products/Services Offered
11.6.3 Financial Overview
11.6.4 Key Developments
11.6.5 Key Strategies
11.6.6 SWOT Analysis
11.7 Didac International (India)
11.7.1 Company Overview
11.7.2 Products/Services Offered
11.7.3 Financial Overview
11.7.4 Key Developments
11.7.5 Key Strategies
11.7.6 SWOT Analysis
11.8 Padmini VNA Mechatronics Pvt Ltd (India)
11.8.1 Company Overview
11.8.2 Products/Services Offered
11.8.3 Financial Overview
11.8.4 Key Developments
11.8.5 Key Strategies
11.8.6 SWOT Analysis
11.9 Stant Corporation (Indiana)
11.9.1 Company Overview
11.9.2 Products/Services Offered
11.9.3 Financial Overview
11.9.4 Key Developments
11.9.5 Key Strategies
11.9.6 SWOT Analysis
11.10 Robert Bosch GmbH (Germany)
11.10.1 Company Overview
11.10.2 Products/Services Offered
11.10.3 Financial Overview
11.10.4 Key Developments
11.10.5 Key Strategies
11.10.6 SWOT Analysis
11.11 Okay Motor Products Hangzhou Inc. (China)
11.11.1 Company Overview
11.11.2 Products/Services Offered
11.11.3 Financial Overview
11.11.4 Key Developments
11.11.5 Key Strategies
11.11.6 SWOT Analysis
11.12 Standard Motor Products Inc. (US)
11.12.1 Company Overview
11.12.2 Products/Services Offered
11.12.3 Financial Overview
11.12.4 Key Developments
11.12.5 Key Strategies
11.12.6 SWOT Analysis
List of Tables
Table 1 Global Automotive Evaporative Emission Control System (EVAP) Market, by Region, 2020β2027 (USD Million)
Table 2 North America Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Table 3 Europe Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Table 4 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Table 5 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Table 7 Global Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 8 North America Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 9 Europe Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 10 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 11 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 13 Global Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 14 North America Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 15 Europe Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 16 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 17 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 20 Global Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 20 North America Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 21 Europe Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 22 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 23 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 25 Global Automotive Evaporative Emission Control System (EVAP) Market: by Region, 2020β2027 (USD Million)
Table 27 North America Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Table 27 North America Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 28 North America Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 29 North America Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 30 US Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 31 US Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 32 North America Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 33 Canada Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 34 Canada Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 35 Canada Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 33 Mexico Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 34 Mexico Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 35 Mexico Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 35 Europe Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Table 36 Europe Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 37 Europe Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 38 Europe Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 39 Germany Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 40 Germany Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 41 Germany Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 42 UK Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 43 UK Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 44 UK Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 45 France Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 46 France Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 47 France Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 45 Italy Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 46 Italy Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 47 Italy Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 48 Rest of Europe Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 49 Rest of Europe Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 50 Rest of Europe Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 51 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Table 52 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 53 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 54 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 55 China Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 56 China Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 57 China Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 58 Japan Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 59 Japan Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 60 Japan Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 61 India Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 62 India Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 63 India Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 67 Rest of Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 68 Rest of Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 69 Rest of Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Table 70 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Table 71 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Table 72 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Table 73 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
List of Figures
Figure 1 Research Process of MRFR
Figure 2 Top-Down and Bottom-Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porterβs Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Automotive Evaporative Emission Control System (EVAP) Market Share, by Part, 2020 (%)
Figure 9 Global Automotive Evaporative Emission Control System (EVAP) Market, by Part, 2020β2027 (USD Million)
Figure 10 Global Automotive Evaporative Emission Control System (EVAP) Market Share, by Vehicle Type, 2020 (%)
Figure 11 Global Automotive Evaporative Emission Control System (EVAP) Market, by Vehicle Type, 2020β2027 (USD Million)
Figure 12 Global Automotive Evaporative Emission Control System (EVAP) Market Share, by Distribution Channel, 2020 (%)
Figure 13 Global Automotive Evaporative Emission Control System (EVAP) Market, by Distribution Channel, 2020β2027 (USD Million)
Figure 14 North America Automotive Evaporative Emission Control System (EVAP) Market Share (%), 2020
Figure 15 North America Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Figure 16 Europe Automotive Evaporative Emission Control System (EVAP) Market Share (%), 2020
Figure 17 Europe Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Figure 20 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market Share (%), 2020
Figure 20 Asia-Pacific Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
Figure 20 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market Share (%), 2020
Figure 21 Rest of the World Automotive Evaporative Emission Control System (EVAP) Market, by Country, 2020β2027 (USD Million)
$68.3 Billion
5.2%
Asia Pacific
2021-2027
The Automotive Evaporative Emission Control System Market Size is expected to register a CAGR of 4% and will reach the Automotive Evaporative Emission Control System Market Share of USD 60 Billion by the end of the Automotive Evaporative Emission Control System Market Forecast. Due to rising demand for eco-friendly automobiles, favorable government regulations, and rising vehicle demand, the Automotive Evaporative Emission Control System Market is predicted to rise steadily over the Automotive Evaporative Emission Control System Market Analysis period. In the next years, this is projected to fuel the Automotive Evaporative Emission Control System Market Demand. The vehicle's fuel systems are sealed using the Automotive Evaporative Emission Control System Market Revenue and technology. This stops fuel vapors from escaping into the atmosphere from the fuel system and the fuel tank. Fuel vapors contain a variety of hydrocarbons that are potentially damaging to the environment. When these hydrocarbons react or come into contact with sunlight and air, they can generate and form a photochemical haze in the environment. Humans can develop a variety of respiratory problems as a result of exposure to photochemical haze. Even when the engine is shut off, gasoline has high volatility and evaporates quickly in the atmosphere. Furthermore, even when the car is inactive or parked, it can contaminate the environment. Automobile makers have been told to limit the Automotive Evaporative Emission Control System Industry from the vehicle's tailpipe. Gasoline and oils hold the majority of VOCs, which evaporate and escape into the atmosphere via the fuel system and engine.
The COVID-19 epidemic has had a significant influence on people's lives all across the world. Every firm must fight the battle on both health and economic fronts and will be compelled to endure this forced recession including the Automotive Evaporative Emission Control System Market Growth and Automotive Evaporative Emission Control System Market Trends. With the global economic crisis costing trillions of dollars, there is concern that the recovery period will last far into early next year. The only way out of this spiral is to strategize your way through this pandemic upheaval, and we believe that businesses will greatly profit from our market insights. The pandemic of COVID-19 had a significant impact on the Automotive Evaporative Emission Control System Market and Automotive Evaporative Emission Control System Industry. With global passenger and commercial vehicle sales at all-time lows, demand for after-treatment systems was essentially non-existent. The aftermarket business of after-treatment systems has nearly vanished due to global lockdown and social distancing norms. However, with the progressive relaxation of regulations, the growing need for lower emissions from cars of all types, and tough emission standards imposed by governments around the world, the future Automotive Evaporative Emission Control System Market Trends for this industry appear to be bright during the Automotive Evaporative Emission Control System Market Analysis.
The Automotive Evaporative Emission Control System Market Size and Automotive Evaporative Emission Control System Market Share seal the vehicle's fuel system, preventing fuel vapors from leaking into the atmosphere from the fuel tank and fuel system. Because gasoline vapors contain a range of hydrocarbons, this is critical. When hydrocarbons react with air and sunshine, they produce smog. The Automotive Evaporative Emission Control System Market Growth is being driven by rising demand for environmentally friendly automobiles that are predicted to release fewer hydrocarbons and have a lower environmental impact. Governments in many countries/cities, such as California, Germany, and the United Kingdom, are enacting strict rules to reduce or restrict car emission rates to safeguard the environment from dangerous VOCs. During the projection period, an increase in vehicle demand is expected to raise Automotive Evaporative Emission Control System Market Demand. The Automotive Evaporative Emission Control System Market Revenue is projected to be constrained by increased demand for electric vehicles.
The industry is expected to be restrained by the increasing adoption of hybrid and electric vehicles during the Automotive Evaporative Emission Control System Market Forecast. Consumer preferences are shifting toward alternative vehicles as a result of increased government measures like tax rebates and the building of supporting infrastructure. Furthermore, continuous efforts to minimize vehicle ownership costs are projected to stymie the global market for automotive evaporative emission control (EVAP) systems.
High pressure to force exhaust through the filtering system, lack of availability of these systems for biodiesel, passive regeneration system needing highway driving to remove collected soot, and complicated set-up for urea injection have all worked as roadblocks to market growth. However, by the end of the forecast period, the global automobile sector is rebounding, and production sites in developing countries like Mexico and India are expanding, creating new chances for market growth. Automobile manufacturers are heavily investing in research and development to develop cleaner vehicle technologies, which is propelling the market for automotive evaporative emission control systems. For efficient system operation, industry partners are merging onboard diagnostic sensors with the vehicle fuel system. The sector is expected to be driven by the introduction of enhanced system integration with the Automotive Evaporative Emission Control System Market.
The Automotive Evaporative Emission Control System Market is further bifurcated into various segments depending on various factors to help the market grow as per the predicted CAGR growth by the end of the Automotive Evaporative Emission Control System Market Forecast period. The market has been segmented based on the following:
Based on the component, the Automotive Evaporative Emission Control System Market is segmented as follows:
Fuel tank
Based on the vehicle type, the Automotive Evaporative Emission Control System Market is segmented as follows:
Based on the sales channel, the Automotive Evaporative Emission Control System Market is segmented as follows:
Based on the region, the Automotive Evaporative Emission Control System Market is segmented as follows:
Due to rising vehicle demand and per capita income in the region, the Asia-Pacific Automotive Evaporative Emission Control System Market is expected to grow at a substantial CAGR over the forecast period. Furthermore, China and India are major automobile producers, which is projected to be the major driver driving the Asia-Pacific Automotive Evaporative Emission Control System Market during the forecast period. The Automotive Evaporative Emission Control System Market was controlled by Asia-Pacific. Various governments have developed plans to increase electric vehicle infrastructure to reduce carbon emissions and reduce reliance on non-renewable energy sources. They provide funding to manufacturers to help them set up new factories and urge customers to buy. Despite numerous efforts, the demand for diesel-powered cars remains high, particularly in commercial trucks used for mass transportation or mining.
The firms intend to enter the market by introducing or extending their product lines. Manufacturers have been pushed to develop innovative technology that reduces polluting gas emissions from the exhaust as a result of increasing demand from emission regulating agencies. As a result, manufacturers have had to raise their R&D spending to develop better exhaust after-treatment methods. The major Automotive Evaporative Emission Control System Market Key Players are as follows:
Bosch has stated that it is working on an efficient drive solution for commercial cars with diesel-fueled internal combustion engines. Engine and air control, fuel delivery, and exhaust gas after-treatment systems are all part of this product line.
Eaton and Tenneco teamed up to create an integrated thermal management system that would help commercial cars fulfill rigorous emission standards. This system directs heat to after-treatment systems, which can help to minimize dangerous exhaust emissions.
This report is the result of a thorough research process that included comprehensive secondary research, in-depth primary interviews with industry stakeholders, and validation and triangulation using the research's internal database and statistical tools. The data was gathered from secondary sources for the Automotive Evaporative Emission Control System Market. The study provides market size and projections for Automotive Evaporative Emission Control System Market in volume and value. The experimentation of the many elements influencing market dynamics, as well as essential and related industries, aids businesses in comprehending distinct consumer propositions.
Report Attribute/Metric | Details |
---|---|
Market Size | 2026 : USD 60 Billion |
CAGR | 4% (2022-2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2019Β &Β 2020 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Part, Vehicle Type, Distribution Channel |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | SenTec Group (Switzerland), The Plastic Omnium Group (France), Eagle Industry Co., Ltd. (Japan), Delphi Technologies (UK), TI Automotive (UK), Plastic Fuel Systems (China), Didac International (India), Padmini VNA Mechatronics Pvt Ltd (India), Stant Corporation (Indiana), Robert Bosch GmbH (Germany), Okay Motor Products Hangzhou Inc. (China), and Standard Motor Products Inc. (US) |
Key Market Opportunities | New product launches and R&D Amongst major key Players |
Key Market Drivers |
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Frequently Asked Questions (FAQ) :
The global automotive evaporative emission control system (EVAP) market is predicted to grow at a 4% CAGR between 2020- 2026.
The global automotive evaporative emission control system (EVAP) market is predicted to reach USD 60 billion by 2026.
Asia Pacific will lead the automotive evaporative emission control system (EVAP) market.
Demand for eco-friendly cars is driving the global automotive evaporative emission control system (EVAP) market growth.
Key contenders profiled in the global automotive evaporative emission control system (EVAP) market include SenTec Group (Switzerland), The Plastic Omnium Group (France), Eagle Industry Co., Ltd. (Japan), Delphi Technologies (UK), TI Automotive (UK), Plastic Fuel Systems (China), Didac International (India), Padmini VNA Mechatronics Pvt Ltd (India), Stant Corporation (Indiana), Robert Bosch GmbH (Germany), Okay Motor Products Hangzhou Inc. (China), and Standard Motor Products Inc. (US).