Global Automotive Active Purge Pump Market Size study, by Material Type (Metal, Non-metal) by Vehicle Type (Passenger Vehicle, Commercial Vehicle) by Manufacturing Process (Cutting, Vacuum Forming, Injection Molding, Others) by Sales Channel (OEM , After

Global Automotive Active Purge Pump Market Size study, by Material Type (Metal, Non-metal) by Vehicle Type (Passenger Vehicle, Commercial Vehicle) by Manufacturing Process (Cutting, Vacuum Forming, Injection Molding, Others) by Sales Channel (OEM , After market) and Regional Forecasts 2022-2028

Global Automotive Active Purge Pump Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. An automotive active purge pump refers to an electrified solution to which is employed to reduce levels of hydrocarbon evaporative emissions from the vehicle. Purge pump system module is provided for an evaporative emission control (EVAP) system for a vehicle. Growing automotive industry and increasing demand for fuel-efficient vehicles are key drivers for the growth of Automotive Active Purge Pump market. For instance, according to global database Management company Statista- As of 2021, worldwide car sales have reached to around 66.7 million units, witnessing an increase from around 63.8 million units in the year 2020. Also, with favorable government policies and growing technological advancements in automobile sector, the adoption & demand for Automotive Active Purge Pump is likely to increase the market growth during the forecast period. However, high manufacturing cost of Automotive Active Purge Pump and supply chain disruption due to pandemic restrictions impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Automotive Active Purge Pump Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and growing technological advancements in automotive sector in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as stringent government regulation over emission norms and rising per capita income in the region would create lucrative growth prospects for the Automotive Active Purge Pump Market across Asia-Pacific region.

Major market player included in this report are:
Denso Corporation
Continental AG
Vitesco Technologies
Hyundai Kefico
Agilent Corporation
Robert Bosch GmbH
Rheinmetall Automotive
Hirschmann Automotive
Michelin and Changan Automobile
Elringklinger

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Metal
Non-metal
By Vehicle Type:
Passenger Vehicle
Commercial Vehicle
By Manufacturing Process:
Cutting
Vacuum Forming
Injection Molding
Others
By Sales Channel:
OEM
Aftermarket
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Automotive Active Purge Pump Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Denso Corporation
Continental AG
Vitesco Technologies
Hyundai Kefico
Agilent Corporation
Robert Bosch GmbH
Rheinmetall Automotive
Hirschmann Automotive
Michelin and Changan Automobile
Elringklinger

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