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MarketersMEDIA / Newsroom / Global Automotive Electric Vacuum Pump Market is expected to reach $16.48 billion by 2027 growing at a CAGR of 17.5% during 2018 to 2027.

Global Automotive Electric Vacuum Pump Market is expected to reach $16.48 billion by 2027 growing at a CAGR of 17.5% during 2018 to 2027.

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Some of the key players profiled in the Automotive Electric Vacuum Pump Market include Continental AG, Hella GmbH & Co. KGaA, Mikuni Corp., Ningbo Tuopu Group Co. Ltd., LPR Global, GZ Motorsports, Johnson Electric, Robert Bosch GmbH, Valeo SA, and WABCO.

— Growing automobile production in the developing regions and increased installation of these pumps for improving the customer’s safety are the major factors driving the market growth. However, decreasing car ownership due to the availability of smart mobility solutions is restraining the market growth.

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The device that gets the drive from the camshaft that is inside the engine is called an automatic electric vacuum pump. The installation of the electric vacuum pump gives additional benefit to the engines which improves the performance of the vehicle. The basic functionality of the automatic electric vacuum pump is to exhaust the air out from the brake booster tank which, in turn, creates vacuum thus being helpful in the application of the brake.

Based on the vehicle, the passenger vehicle segment is likely to have a huge demand owing to the presence of stringent regulations related to fuel efficiency.

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By geography, Asia Pacific is going to have a lucrative growth during the forecast period. OEMs in the emerging nations such as India and China in the Asia Pacific region are considering increasing their production volume coupled with the enhanced manufacturing facilities

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Vehicles Covered:
• Commercial vehicles
• Passenger vehicles

Types Covered:
• Leaf Type
• Swing Piston Type
• Diaphragm Type

Sales Channels Covered:
• OEM (Original Equipment Manufacturer)
• Aftermarket

Applications Covered:
• Electric Vehicle
• Gasoline/Diesel Vehicle

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929

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Source: MarketersMedia

Release ID: 88936427

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