by It actively purges accumulated fuel vapors from the charcoal canister to the engine intake manifold during vehicle operation, reducing hydrocarbon emissions from tailpipes. Active purge pumps help meet stringent emission standards by transporting fuel vapors from the charcoal canister to the intake manifold when the engine is running. Growing regulatory norms regarding vehicular emissions globally are augmenting the demand for automotive active purge pumps.
The Global Automotive Active Purge Pump Market is estimated to be valued at US$ 283.94 million in 2024 and is expected to exhibit a CAGR of 5.1% over the forecast period 2024 to 2031.
Automotive Active Purge Pump Market Size removes accumulated fuel vapors from the charcoal canister by drawing them out of the canister and pumping them into the engine intake manifold where they can be burned during combustion. This helps control hydrocarbon emission levels from vehicles and meet emission standards. The growing sales of gasoline-powered vehicles and tightening emissions norms are fueling the demand of active purge pumps in automotive industry.
Key Takeaways
Key players operating in the automotive active purge pump are Continental AG, Denso Corporation, Vitesco Technologies, Hyundai Kefico, Agilent Technologies, Robert Bosch GmbH, Rheinmetall Automotive, Sauermann, TSURUMI AMERICA INC., HELLA GmbH & Co. KGaA, Dial Manufacturing, Inc., Marelli Corporation, Akebono Brake Company, Allied-Nippon Limited, Hitachi Automotive Systems Ltd.
The rising vehicle production and sales along with stringent government emission regulations are fueling the demand for automotive active purge pumps globally. Asia Pacific dominates the automotive active purge pump market owing to large automobile manufacturing base in China and India. European and North American markets are also significant contributors to the growth of automotive active purge pump market.
Major automotive manufacturing companies are expanding their presence in developing countries of Asia Pacific and Latin America to leverage growth opportunities. For instance, in 2021, Continental AG announced plans to build a new automotive components plant in Mexico to meet rising demand from automakers in North America.
Market Key Trends
One of the major trends in automotive active purge pump market is the development of advanced electric driven systems. Earlier purge pumps were primarily vacuum or mechanical driven but automakers are now focusing on developing more efficient electrically operated purge pumps. Electric pumps offer benefits such as low noise, precise flow control and quick response time. Another key trend is the increasing adoption of active purge pumps in hybrid vehicles. With growing market for hybrid electric vehicles, components such as active purge pumps are witnessing rising installations in order to meet stringent emission norms applicable to hybrid powertrains as well.
Porter’s Analysis
Threat of new entrants: New players find it difficult to enter the market as the automotive space requires large investments and established supply chains.
Bargaining power of buyers: Automobile manufacturers hold strong bargaining power as major buyers in the market and can negotiate lower prices from suppliers.
Bargaining power of suppliers: A few large players dominate the supply market, giving them some control over pricing but automobile manufacturers can source from multiple suppliers to avoid dependency on any single one.
Threat of new substitutes: There are no close substitutes for automotive active purge pumps as they perform a crucial vapor management function in vehicles.
Competitive rivalry: Being a strategic component, competition is high among established players to supply pumps through innovations and competitive pricing.
Geographical Regions
North America currently holds the largest share of the global automotive active purge pump market in terms of value due to high vehicle production and sales. Asia Pacific is expected to witness the fastest growth during the forecast period owing to increasing vehicle manufacturing and uptake of emission control equipment in major economies like China and India.
The automotive purge pump market in Europe holds significant value backed by stringent emission norms. Europe exemplifies a strong presence of international automakers and large pump suppliers catering to regional as well as global demand. Countries including Germany, France, UK, and Italy contribute substantially to the regional market.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it
