Quick Summary:
As the global automotive industry continues to evolve, the increasing importance of the Automotive Active Purge Pump market cannot be overstated, with substantial growth projection causing a ripple of opportunity across related sectors. Estimated at US$73.3 Million in 2022, this market is projected to reach an impressive US$2 Billion by the year 2030.
Whether your interests lie in Metal—which is projected to record a 52.3% CAGR and reach US$873.1 Million—or the flourishing Non-Metal sector, predicted to adjust to an upward trajectory of 49.7% CAGR over the next eight years, our comprehensive market research report is a must-have. Geographically, the U.S. and China dominate, yet growth is also anticipated in other markets such as Japan, Canada and Germany. Our research, featuring insightful analysis of 47 competitors, provides the knowledge and insight senior business executives need to navigate this expanding market.
Global Automotive Active Purge Pump Market to Reach $2 Billion by 2030
The global market for Automotive Active Purge Pump estimated at US$73.3 Million in the year 2022, is projected to reach a revised size of US$2 Billion by 2030, growing at a CAGR of 50.8% over the analysis period 2022-2030. Metal, one of the segments analyzed in the report, is projected to record 52.3% CAGR and reach US$873.1 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Non Metal segment is readjusted to a revised 49.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $20.1 Million, While China is Forecast to Grow at 59.9% CAGR
The Automotive Active Purge Pump market in the U.S. is estimated at US$20.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$540.3 Million by the year 2030 trailing a CAGR of 59.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 40.3% and 45.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 42.7% CAGR.Select Competitors (Total 47 Featured) -
- Agilent Technologies, Inc
- Continental AG
- Denso Corporation
- Dial Manufacturing Inc
- Geotech Environmental Equipment, Inc.
- HELLA GmbH & Co. KGaA
- Robert Bosch GmbH
- Sauermann Group
- TSURUMI PUMP
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Active Purge Pump?
What is the growth rate of the Global Market for Automotive Active Purge Pump?
What is the forecasted size of the Global Market for Automotive Active Purge Pump?
Who are the key companies in the Global Market for Automotive Active Purge Pump?
| Report Attribute | Details |
|---|---|
| No. of Pages | 247 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 73.3 Million |
| Forecasted Market Value ( USD | $ 2000 Million |
| Compound Annual Growth Rate | 51.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Agilent Technologies, Inc
- Continental AG
- Denso Corporation
- Dial Manufacturing Inc
- Geotech Environmental Equipment, Inc.
- HELLA GmbH & Co. KGaA
- Robert Bosch GmbH
- Sauermann Group
- TSURUMI PUMP
