Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on the automotive electric vacuum pump market provides
an in-depth analysis of segments and sub-segments in the global as well as
regional automotive electric vacuum pump market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
automotive electric vacuum pump market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of the global automotive electric vacuum pump market. According to the
report, the global automotive electric vacuum pump market is projected to grow
at a CAGR of 15.8% over the forecast period of 2019-2025.
The increasing automotive
production in developing economies drives the growth of the automotive electric
vacuum pump market. The surge in the adoption of electric vehicles contributes
to the growth of the automotive electric vacuum pump market. The improved
strength and durability of electric vehicle pumps stimulate the growth of the
automotive electric vacuum pump market. The rise in demand for the installation
of an electric vacuum pump in vehicles promotes the growth of the automotive
electric vacuum pump market. In addition, improved vehicle efficiency with the
use of electric vehicle pumps and stringent regulations regarding emissions
boost the growth of the automotive electric vacuum pump market. On the flip
side, the high cost of electric vehicle pumps hampers the growth of the
automotive electric vacuum pump market. Moreover, technological advancement
creates several opportunities for the growth of the automotive electric vacuum pump
market.
Based on geography, the global
automotive electric vacuum pump market is classified into North America,
Asia-Pacific, Europe, and the Rest of the World. Asia-Pacific region is
anticipated to hold a premium share in the global automotive electric vacuum
pump market. The growing automobile production and improved manufacturing
facilities in the automobile sector in Asia-Pacific stimulate the growth of the
automotive electric vacuum pump market in the Asia-Pacific region. Europe is
expected to grow in the global automotive electric vacuum pump market with a
significant CAGR over the forecast period. The rising implementation of
advanced technology in electric vacuum pumps in Europe drives the growth of the
automotive electric vacuum pump market in Europe. North America is anticipated
to witness considerable growth in the global automotive electric vacuum pump
market.
The report on the global
automotive electric vacuum pump market covers segments such as type and
application. On the basis of type, the sub-markets include the diaphragm, leaf,
and swing piston. On the basis of application, the sub-markets include electric
vehicle, and gasoline vehicle.
The report provides profiles of
the companies in the market such as Continental AG, Johnson Electric Holdings
Ltd., Magna International Inc., Ningbo Tuopu Group Co., Ltd., Rheinmetall
Automotive AG, Hella GmbH & Co KGaA, Robert Bosch GmbH, Valeo SA, Youngshin
Precision, Co. Ltd., WABCO Holdings Inc., and other companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of automotive electric vacuum pump market. Moreover, the study
highlights current market trends and provides forecast from 2019-2025. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.