Growth Opportunities for the Automotive Active Purge Pump Market 2019-2024


Posted September 27, 2019 by nik11421verma

Trends, opportunities and forecast in automotive active purge pump market to 2024 by material type (metal, and non metal), components (dc motor, sensors, actuator, valves, and others),

 
According to a market report by Lucintel, the future of the automotive active purge pump market looks promising with opportunities in this industry. The active purge pump market is expected to grow with a CAGR of 63% from 2019 to 2024. The major drivers for this market are stringent government regulations, and increase in demand for fuel-efficient vehicles.
Within the automotive active purge pump market, passenger cars, and light commercial vehicles are the major end use industries. Passenger car is the largest end use market segment for automotive active purge pump.

North America will remain the largest region over the forecast period due to an increasing demand for the commercial vehicles and presence of leading players in the market.
Continental, Agilent Technologies, Robert Bosch, and Denso Corporation are among the major manufacturers of the automotive active purge pump.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the automotive active purge pump market by material type, by component, by manufacturing process, by sales channel, by end use, and by region. Lucintel has prepared a comprehensive research report titled "Automotive Active Purge Pump Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the automotive active purge pump market by material type, by component, by manufacturing process, by sales channel, by end use, and by region as follows:
By Material Type [$M shipment analysis for 2013 – 2024]
• Metal
• Non Metal
By Component [$M shipment analysis for 2013 – 2024]
• DC Motor
• Sensors
• Actuator
• Valves
• Others
By Manufacturing Process [$M shipment analysis for 2013 – 2024]
• Cutting
• Vacuum Forming
• Injection Molding
• Others
By Sales Channel [$M shipment analysis for 2013 – 2024]
• OEMs
• Aftermarket
By End Use [$M shipment analysis for 2013 – 2024]
• Passenger Car
o Small cars
o Compact cars
o Mid-Sized cars
o Luxury cars
o SUVs & Crossovers
• Light Commercial Vehicle
By Region [$M shipment analysis for 2013 – 2024]
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o Russia
o France
o United Kingdom
o Italy
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
• The Rest of the World
o Brazil
o Turkey

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the automotive active purge pump market by material type (metal, non metal), by components (dc motor, sensors, actuator, valves, and others), by manufacturing process (cutting, vacuum forming, injection molding, and others), by sales channel (OEMs, aftermarket), by end use (small car, compact car, mid-size car, Large Car, SUVs & Crossovers, and light commercial vehicles), and by region (North America, Europe, APAC, and ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the automotive active purge pump market?
Q.5 What are the business risks and threats to the automotive active purge pump market?
Q.6 What are emerging trends in this automotive active purge pump market and the reasons behind them?
Q.7 What are some changing demands of customers in the automotive active purge pump market?
Q.8 What are the new developments in the automotive active purge pump market? Which companies are leading these developments?
Q.9 Who are the major players in this automotive active purge pump market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this active purge pump area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, automotive active purge pump market?
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Last Updated September 27, 2019