The report highlights the increasing adoption of pumps in the automotive industry to improve the performance of the braking system. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the automotive electric vacuum pump market.
Consegic Business Intelligence provided an inclusive research report on the automotive electric vacuum pump market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends. By type segment including swing piston automotive electric vacuum pump is projected to register the fastest CAGR owing to the higher efficiency. The swing piston provides strong vacuum power while consuming less energy compared to other types of pumps. The high efficiency leads to reduced energy consumption and improved vehicle efficiency aligns with the growing demand for more eco-friendly and energy-efficient vehicles, thus driving the growth of the market.Get Free Sample
|Report Attributes||Report Details|
|By Type||Diaphragm Type, Leaf Type, and Swing Piston Type|
|By Vehicle Type||Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles|
|By Sales Channel||OEM and Aftermarket|
|By Application||Brake and Engine|
|By Region||North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa|
As per the study, the market is dominated by certain major companies such as Atlas Copco AB, Continental AG, Hella GmBH & Co. KGaA, and Mikuni Corp. that have a strong market position in current market circumstances. The market players compete for a firm market position through mergers and acquisitions, Insulation innovations, and business strategies. Thus, evolving research and developments in the automotive electric vacuum pump market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.