Automotive Active Disinfection Pump Market Will Reach US$ 192.0 Million By 2031

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Automotive Active Disinfection Pump Market – Analysis, Forecasts, Growth, Trends, Forecast

DUBAI, United Arab Emirates, January 18, 2022 (GLOBE NEWSWIRE) – The automotive active disinfection pumps market is set to witness impressive growth in 11.2% Compound annual growth rate between 2021 and 2031.

According to Future Market Insights (FMI), the global automotive active disinfection pumps market is expected to expand at a compound annual growth rate of 11.2% Between 2021 and 2031. With increased traction and a focus on reducing vehicle emissions, sales of automotive active purge pumps will grow.

data points

market insights

2020 Automotive Active Disinfection Pump Market Value

60.1 million USD

Market Value of Automotive Active Disinfection Pump 2021

66.3 million US dollars

2031 . Automotive Active Disinfection Pump Market Value

192.0 million US dollars

CAGR 2021-2031

11.2%

Increasing knowledge of emissions control and competition for fuel efficiency among motorists is likely to drive the growth of the Automotive Active Purge Pump Market.

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Poor air quality caused by fossil fuels remains a major concern in urban areas, necessitating the installation of active vehicle purge pumps to effectively control emissions in vehicles.

According to organizations such as the World Health Organization, urban air pollution remains a serious problem that can be addressed through proper emissions management. As a result, the demand for efficient automotive emissions control technologies, such as automotive active purge pumps, is all-time high.

The main takeaway from the market study

  • Depending on the material type, the non-metallic part is expected to account for more than 70% in the global market. The high demand for non-metallic automobile active purging pumps can be attributed to their cost-effectiveness and ease of availability.

  • Through the manufacturing process, the other segment is expected to be the leader with a share of more than 40%.

  • According to the sales channel, the OEM segment will dominate the market, accounting for approximately 65% of sales.

  • By vehicle type, the passenger car segment is expected to dominate the market, accounting for more than 77% of the total demand.

  • By region, Europe is expected to have the largest share in the global market, accounting for more than 49% of sales.

“Government intervention to effectively control emissions and an increase in the number of programs aimed at reducing vehicle emissions are expected to drive growth in the automotive active purge pump market. With the growing popularity of hybrid vehicles, auto active purge pump makers will have great sales opportunities going forward,” As a Future Market Insights analyst says.

Auto Active Disinfection Pump Market Competitive Landscape

The main players operating in the market are Denso Corporation, Continental AG, Vitesco Technologies, Hyundai Kefico, Agilent Corporation, Robert Bosch GmbH, Rheinmetall Automotive and others.

A number of companies are prioritizing product approvals, product launches, and other organic growth technologies including organizing events and focusing on obtaining patents. Acquisitions along with collaborations and partnerships, have also been seen as popular growth strategies.

These efforts paved the way for market participants to expand their operations and customer base. The players in the Automotive Active Purge Pump market are expected to benefit from favorable growth opportunities in the future, owing to the increasing demand for fuel-efficient vehicles.

Automotive Active Purge Pump Market Forecast

The Active Purge Pump for Enhanced Vehicles has been developed with the increased focus on vehicle carbon emissions and seamless refueling has occurred in recent years. The current trend is expected to continue for the foreseeable future, increasing the demand for the most modern automotive active purging pump for vehicles in the coming years.

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The massive increase in demand for passenger cars and commercial vehicles in regions such as Asia Pacific and Europe, mainly due to booming transportation sectors and increasing traffic in emerging economies in Europe, is expected to bode well for the global automotive active purge pumps market in the near future.

Report scope

Describe

details

prediction period

2021-2031

Historical data available for

2019-2020

market analysis

Millions of dollars in value and volume units

Main areas covered

North America, Latin America, Europe, East Asia, South Asia Pacific, Middle East and Africa

Main countries covered

US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Benelux, Russia, China, Japan, South Korea, India, ASEAN, GCC, Turkey, South Africa

Main parts covered

Material type, manufacturing process, sales channel, vehicle type and region

An overview of the main companies

Report coverage

Market forecast, brand share analysis, competition intelligence, DROT analysis, market dynamics and challenges, strategic growth initiatives

CUSTOMIZATION AND PRICING

Available upon request

About FMI’s Automotive Division

The Automotive division of FMI offers a fresh approach and innovative perspective in the analysis of the Industrial Automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special purpose machinery across the manufacturing sector and featured analysis on installed base, consumables, replacement, and USP features application matrix make us a leading voice in the industry. We prefer partners with established stakeholders as well as industry stakeholders, and channel partners when it comes to maintaining, growing and identifying new revenue prospects.

Discover FMI’s on-going comprehensive coverage of the automotive industry

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market information and advisory services, serving clients in more than 150 countries. FMI is headquartered in Dubai, with delivery hubs in the UK, US and India. The latest market research and industry analysis reports from FMI help companies face challenges and make critical decisions with confidence and clarity amidst intense competition. Our customized and syndicated market research reports provide actionable insights that drive sustainable growth. FMI’s expert-led team of analysts constantly track emerging trends and events in a wide range of industries to ensure our clients are prepared for the evolving needs of their clients.

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