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    Europe Automotive Electric Vacuum Pump Market Forecast 2027 By Vehicle (Passenger Cars, LCV, HCV), By Application (Brake, Engine), By Propulsion Type (ICE, EV), By Sales Channel (OEM, Aftermarket), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: August 2021   |   Report ID: GR1927   |   Delivery: PDF  Request Free Sample

    Europe Automotive Electric Vacuum Pump Market size exceeded USD 200 million in 2020 and is anticipated to exhibit 4.1% CAGR from 2021 to 2027. Increasing regulations regarding carbon emissions is motivating the vehicle manufacturers to adopt components and technologies aiding in adherence to the stringent requirements, boosting the market demand.

    Europe Automotive Electric Vacuum Pump Market

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    The increasing vehicle production and electric vehicle adoption is supporting the demand for vacuum pumps. Countries in Western Europe, including Germany, Italy, U.K and the France are producing electric vacuum pumps in large quantities and introducing advanced technologies to promote production adoption.

    Insufficient negative pressure while braking will limit electric vacuum pump adoption in EVs. The rapid advancement of braking technology, such as the introduction of vacuum less technology, may hinder the market growth. In addition, the COVID-19 pandemic has created challenges for EVM manufacturers owing to temporary closure of manufacturing units.

    Europe Market, By Application

    In 2020, the braking application segment demand was over 2 million units. This is due to lower fuel consumption and emissions as compared to mechanical vacuum pumps. In addition, electric vacuum pumps also reduce the burden of engine lubrication system as it can operate without lubrication.

    Europe Market, By Propulsion Type

    Europe Automotive Electric Vacuum Pump Market Size, By Propulsion

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    The EV segment in the Europe automotive electric vacuum pump market will generate around USD 40 million revenue by 2027. In the emerging economies such as northern region of Europe including Spain and Italy, the demand for passenger cars is strong, and the sales potential of electric vacuum pumps is huge. For instance, the European Commission (EC) has set ambitious CO2 reduction targets for the transportation sector by 2050. In this case, most scenarios for decarbonization in the transportation sector envisage high penetration of electric vehicles by 2030.

    Europe Market, By Vehicle

    Europe Automotive Electric Vacuum Pump Market, By Vehicle

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    The passenger cars segment will showcase 4% growth rate through 2027, on account of continuous increase in vehicle adoption. The automotive OEMs are using fuel injection system to improve vehicle fuel efficiency. Modern gasoline direct injection requires an additional pump as the negative pressure cannot be adjusted through the throttle valve. Further, the increasing use of direct injection systems in commercial vehicles will fuel the industry expansion.

    Europe Market, By Sales Channel

    OEM sales channel segment size in the market will cross USD 245 million by 2027. Increased investment by governments for development of electric vehicle charging stations and hydrogen refueling stations, as well as incentives for buyers, is impelling the segment growth. In addition, the growing demand for low-emission commuting and the government's support for long-distance zero-emission vehicles through tax reductions and subsidies have motivated manufacturers to provide electric vehicles on a global scale, resulting in a growing market demand for automated electric vehicle pump.

    Competitive Industry Landscape

    Some of the key automotive electric vacuum pump manufacturers in Europe Dalian Haina New Energy Auto Parts Manufacturing Co., Ltd., Hella KGaA Hueck & Co., Lvxiang Electric Vehicle Co., Ltd., Youngshin Precision, Co. Ltd, mikuni corporation, SDTec Co.,Ltd, and Johnson Electric.

    Frequently Asked Question(FAQ) :

    What is Europe automotive electric vacuum pump market worth?
    The market size for automotive electric vacuum pump (EVP) in Europe had exceeded USD 200 million in 2020 and will witness a CAGR of 4.1% through 2027.
    What factors are driving the demand for automotive EVP for braking application?
    The market for automotive EVP in Europe had recorded product demand for over 2 million units from braking application owing to its ability to offer lower fuel consumption and emissions.
    How much revenue will Europe automotive EVP segment generate from EVs?
    EV segment will generate around USD 40 million revenue by 2027 owing to increasing demand for electric passenger cars in the Europe.
    How will passenger cars segment fare across Europe automotive EVP sector?
    Passenger cars segment will exhibit a CAGR of 4% through 2027 with rising vehicle adoption and increasing application of fuel injection system by automotive OEMs for improving vehicle fuel efficiency.
    Why is Europe automotive EVP industry witnessing higher sales from OEM channel?
    The regional market size from OEM sales channel will surpass USD 245 million by 2027 on account of higher government investments for the development of EV charging stations and hydrogen refueling stations.

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