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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Automotive Vacuum Pump Market Outlook

The global automotive vacuum pump market is being aided by the automotive pump market, which is expected to grow at a CAGR of about 6.5% in the forecast period of 2024-2032.

Global Automotive Vacuum Pump Market

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Increasing Demand for Passenger Vehicles to Augment the Growth of the Automotive Vacuum Pump Industry Globally

Based on vehicle type, the passenger vehicles segment is witnessing a robust growth and is expected to account for a significant share in the industry in the forecast period. The rising sales of passenger cars owing to the escalating consumer disposable incomes, particularly in emerging nations, are facilitating the market growth. Meanwhile, commercial vehicles are anticipated to spur the growth of the automotive vacuum pump market in the forecast period owing to the increasing adoption of light and heavy commercial vehicles in various industries and SMEs.

The Asia Pacific to Significantly Boost the Automotive Vacuum Pump Industry Growth

The Asia Pacific accounts for a major share in the industry owing to the rising demand for and increased production of automobiles in the region, which, in turn, is increasing the demand for automotive vacuum pump at a rapid pace. The increase in production volume by the OEMs in emerging nations such as India and China is anticipated to augment the demand for automotive vacuum pump. Additionally, the increase in per capita income, low taxes on purchasing vehicles, and the establishment of enhanced manufacturing facilities in the region is also boosting the industry growth. Over the forecast period, the adoption of advanced technologies by the key players and the increasing focus on improving the fuel efficiency of vehicles are projected to augment the demand for automotive electric vacuum pump, thus, aiding the industry growth.

Automotive Vacuum Pump: Market Segmentation

A vacuum pump is a device that is used to eliminate gas molecules from a sealed volume by sucking air and its elements. Its main objective is to generate a partial vacuum within a capacity. These pumps support the functioning of mechanical devices and are commonly used in automotive accessories and the braking systems, among others. They are classified into various types and used in various processes for different requirements of vacuum and displacement levels.

Global Automotive Vacuum Pump Market By Vehicle Type

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Based on type, the market is bifurcated into:

  • Electric
  • Mechanical

By vehicle type, the industry can be segmented into:

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Based on sales channel, it is categorised as:

  • Aftermarket
  • OEM

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Automotive Vacuum Pump Market By Region

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Expanding Automotive Sector and the Advancements in Technology to Bolster the Growth of the Automotive Vacuum Pump Industry

The growth of the automotive sector and the increasing sales of passenger vehicles are driving the growth of the automotive vacuum pump industry. Moreover, the escalating demand for high performance cars is also expected to foster the industry's growth. The development of lightweight, fuel-efficient, and compact vehicles by various vehicle manufacturers and the development of electric vacuum pump with engine-independent vacuum generation for brake boosters are slated to fuel the industry. Other factors like the technological advancements and expanding automotive aftermarket industry are also aiding market growth.

Key Industry Players in the Global Automotive Vacuum Pump Market

The report gives a detailed analysis of the following key players in the global automotive vacuum pump market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • HELLA GmbH & Co. KGaA
  • Rheinmetall Automotive AG
  • Continental AG
  • MS Motorservice International GmbH
  • Robert Bosch GmbH
  • Youngshin Precision, Co. Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Vehicle Type 
  • Sales Channel
  • Region
Breakup by Type
  • Electric
  • Mechanical
Breakup by Vehicle Type
  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
Breakup by Sales Channel
  • Aftermarket
  • OEM
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • HELLA GmbH & Co. KGaA
  • Rheinmetall Automotive AG
  • Continental AG
  • MS Motorservice International GmbH
  • Robert Bosch GmbH
  • Youngshin Precision, Co. Ltd
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global automotive vacuum pump market is projected to grow at a CAGR of 6.5% between 2024 and 2032.

The major drivers of the market include the escalating demand for high performance cars, technological advancements, expanding automotive aftermarket industry, increase in per capita income, low taxes on purchasing vehicles, establishment of enhanced manufacturing facilities, and increasing focus on improving the fuel efficiency of vehicles.

The growth of the automotive sector and the increasing sales of passenger vehicles are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Electric and mechanical are the two types of automotive vacuum pumps in the market.

By vehicle type, the industry can be segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles.

Based on the sales channel, it is categorised as aftermarket and OEM.

The major players in the industry are HELLA GmbH & Co. KGaA, Rheinmetall Automotive AG, Continental AG, MS Motorservice International GmbH, Robert Bosch GmbH, and Youngshin Precision, Co. Ltd, among others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124