Automotive Electric Vacuum Pump Market Scope, Share Analysis And Growth 2025
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How Has the Automotive Electric Drivetrain Components Market Performed Historically, and What Are Its Future Growth Projections?
The automotive electric vacuum pump market size has grown rapidly in recent years. It will grow from $20.25 billion in 2024 to $22.29 billion in 2025 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to emission reduction regulations, transition to electric and hybrid vehicles, performance enhancement in automotive systems, reduction in engine weight and size, and integration of advanced safety features.
The automotive electric vacuum pump market size is expected to see rapid growth in the next few years. It will grow to $33.84 billion in 2029 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to investments in sustainable automotive solutions, evolving consumer preferences, growth in automotive electrification, and regulatory emphasis on vehicle safety. Major trends in the forecast period include development of dual-function pump systems, adoption of regenerative braking systems, customized pump solutions for EVs, silent operation and reduced vibration, compact and modular pump designs.
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What Are the Significant Market Forces Driving the Automotive Electric Vacuum Pump Market Performance?
The increasing adoption of electric vehicles is expected to propel the growth of the automotive electric vacuum pump market going forward. The electric vehicle is an automotive that can be powered by an electric motor that takes electricity from a battery and can be charged from an external source. An automotive electric vacuum pump reduces the load on the engine lubrication system without a mechanical pump by lubricating the vacuum pump. It allows a more compact pump design, boosting engine efficiency. For instance, in November 2023, according to the U.S. Energy Information Administration, a US-based government agency, the share of battery-electric vehicles (BEVs) in new light-duty vehicle sales reached 17.7% in the third quarter of 2023, with BEVs accounting for 16.0% of total new vehicle sales so far this year, up from 12.5% in 2022 and 9.0% in 2021. Therefore, the increasing adoption of electric vehicles drives the automotive electric vacuum pump market.
Which Segments Are Likely to Shape the Future Outlook of the Automotive Electric Vacuum Pump Market?
The automotive electric vacuum pumpmarket covered in this report is segmented –
1) By Product Type: Diaphragm Type, Leaf Type, Swing Piston Type
2) By Propulsion Type: Electric Vehicle (EV), Internal Combustion Engine (ICE)
3) By Vehicle Type: Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles
4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Subsegments:
1) By Diaphragm Type: Single Diaphragm Pumps, Double Diaphragm Pumps
2) By Leaf Type: Fixed Leaf Pumps, Adjustable Leaf Pumps
3) By Swing Piston Type: Single Swing Piston Pumps, Multi-Piston Swing Pumps
Which Major Trends Are Expected to Define the Automotive Electric Vacuum Pump Market Through 2029?
Technological advancements are a key trend gaining popularity in the automotive electric vacuum pump market. Major companies operating in the automotive electric vacuum pump market are focused on developing innovative technologies to meet specific demands and sustain their position in the market. For instance, in May 2022, Atlas Copco AB, a Sweden-based manufacturing company of vacuum pumps, launched the GHS VSD+ range of vacuum pumps. These pumps include a revolutionary design for improved performance, superior oil division, a smaller footprint, and an innovative new regulator that prepares the client for Industry 4.0. The new Atlas Copco oil-injected screw element is used in the GHS 1402-2002 VSD+. Its novel compression optimization valves enable high pumping rates at low vacuum. This is also a pump that looks ahead. It is outfitted with HEX@, Atlas Copco's groundbreaking new vacuum controller, making it industry 4.0-ready. Users of speed-driven pumps are also well-equipped for the entire digitization of industrial processes with a new control system.
Which Key Players Dominate the Automotive Electric Vacuum Pump Market Landscape?
Major companies operating in the automotive electric vacuum pump market include Robert Bosch GmbH, Denso Corporation, Continental AG, Magna International Inc., Aisin Seiki Co. Ltd., Valeo SA, TRW Automotive Holdings Corp.,MAHLE GmbH, Atlas Copco, Hella GmbH & Co. KGaA, Rheinmetall Automotive AG, Ingersoll Rand, MANN+HUMMEL Group, Delphi Technologies, The Johnson Electric Group, Ningbo Tuopu Group Co. Ltd., Cooper-Standard Holdings Inc,Mitsuba Corporation, Dorman Products Inc., SHW AG, Hitachi Astemo Americas Inc., Pricol Limited, Advik Hi Tech Pvt Ltd, Pierburg,Nagman Instruments & Electronics Private Limited, WABCO Holdings Inc., Woosung Vacuum Co. Ltd.
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Which Region Holds the Largest Share of the Automotive Electric Drivetrain Components Market?
Asia-Pacific was the largest region in the automotive electric vacuum pump market in 2024. The regions covered in the automotive electric vacuum pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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