Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Automotive Active Purge Pump Market_Written

Surging Demand for Fuel-Efficient Vehicles Promoting the Automotive Active Purge Pump Market
Swelling Demand for Passenger Car Sales Encouraging Automotive Active Purge Pump Market
Rising Awareness Regarding Fuel Efficiency to Favor the Automotive Active Purge Pump Market
Automotive Active Purge Pump Market Share, Size, Trends, And Business Opportunity Analysis Report
2019 include historic data, with forecast data to 2023. Automotive Active Purge Pump Industry report is
helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities,
And Global market size, share, Growth, Trends, key players forecast to 2023.
As per a detailed analysis by Market Research Future (MRFR), the global automotive active purge pump
market is anticipated to register a CAGR of 11% during the forecast period (2018-2023). The surging
demand for fuel-efficient vehicles is anticipated to favor the market growth across the globe. An active
purge pump can be defined as an electromechanical device which is extensively used to reduce the
hydrocarbon evaporative emissions from the vehicle. It also helps to actuate the flow of the fuel vapors
from an evaporative emission canister besides controlling the purge flow. The active purge pump uses
vapor canister, motor, and valve assembly in order to offer pressurized air to the engine, thus eradicating
the fuel vapor from the canister.
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Market Potential and Pitfalls
The automotive active purge pump market is expanding at breakneck speed due to the surging demand
for fuel-efficient vehicles. The swelling demand for passenger car sales across the globe and plummeting
demand to minimize the carbon emissions are some of the top factors likely to dictate the growth
trajectory of the automotive active purge pump market. Strict regulations imposed by the government
regarding the environment is further estimated to trigger the demand for automotive active purge pump
during the review period. These pumps have several functions like air pressure detection, hydrocarbon
evaporative leak detection, and hose off emission detection, which is likely to favor the market growth in
the coming years. The low investment for active purge manufacturing unit will further create growth
opportunities for the new entrants. Moreover, the increased awareness regarding fuel efficiency and
emission among the vehicle owners is considered to boost the market growth.
On the contrary, the development and innovation regarding hydrocarbon emission products are
considered to be one of the major concerns restricting the growth of the market across the globe. Also,
the surging demand for battery-operated electric vehicles coupled with the high prices of active purge
pumps is predicted to curb the growth of the market in the foreseeable future.
Automotive Active Purge Pump Market: Segmental Analysis
The automotive active purge pump market has been segmented on the basis of components, material,
sales channel, manufacturing process, and vehicle type.
By mode of material, the automotive active purge pump market comprises metal and non-metal. Among
these, the non-metal type is likely to occupy a significant share due to its cost-effectiveness and ease of
availability across the world.