Automotive Electric Vacuum Pump Market Overview

The global automotive electric vacuum pump market is expected to increase from USD 12.24 billion in 2024 to USD 12.96 billion by 2035, at a compound annual growth rate (CAGR) of 0.5%. The market for automotive pumps is anticipated to expand due to the rising production of automobiles, particularly passenger cars. The need for high-pressure fuel injection pumps has grown as a result of various government regulations aimed at reducing CO2 and NOx emissions. In a similar vein, it is anticipated that the growing need for battery-powered cars to reduce pollution will raise the demand for electric water pumps. To enable fluid to flow at the required pressure, an electric pump is powered by electricity. The demand for electric pumps has grown over the past ten years as a result of better car performance.

The powertrain sector is anticipated to experience the fastest growth in the automotive electric vacuum pump market throughout the forecast period. In vehicle powertrains, both transmission oil pumps and vacuum pumps are utilized. The increasing prevalence of automatic transmission systems in high-end vehicles is a key factor driving market growth in this area. Essential for cooling and lubricating the engine and gearbox, powertrain pumps enhance vehicle longevity and performance. For instance, transmission pumps are crucial for maintaining fluid pressure to facilitate smooth gear shifts, while oil pumps ensure that engine components are adequately lubricated, reducing friction and preventing overheating. By optimizing engine performance, these pumps boost efficiency, improve fuel economy, and decrease emissions. They also enhance vehicle reliability by minimizing the chances of engine and transmission failures and prolonging the lifespan of vital components. Current powertrain and transmission systems focus on developing solutions that comply with government regulations and meet consumer demands for cleaner, more fuel-efficient vehicles. Additionally, these systems aim to provide outstanding engine control performance for a superior driving experience. The powertrain distributes the power or energy produced between the vehicle’s front and rear wheels. Automotive pumps within a powertrain operate in conjunction with the gears, clutch, and various electrical components to assist in steering the car effectively.

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The OEM sector is anticipated to be the largest in the automotive electric vacuum pump market throughout the forecast period. OEM components feature the automaker's branding and packaging, and they are manufactured according to the automaker's specifications using high-quality materials. Sometimes, these components are produced by third-party contract manufacturers instead of the car makers themselves. Automotive OEMs are increasing their investments in product research and development to create enhanced fuel pump designs and control electronics, which is propelling this segment forward. For example, in January 2023, Robert Bosch GmbH (Germany) presented hydrogen circulation pumps intended for high-power fuel cells at the 2023 Haikou NEV Show. Additionally, in May 2023, Valeo (France) introduced its smart heat pump, which is twice as effective as conventional electric heaters and 20% lighter. The automotive pumps produced by OEMs incorporate cutting-edge technologies and intelligent features that meet the latest safety, quality, emission, and performance requirements, and they come with a warranty.

The fuel injection pumps sector is anticipated to lead during the forecast period. A fuel injection pump is a mechanism that delivers fuel into the cylinders of an engine. These pumps are typically operated indirectly through the crankshaft via toothed belts, gears, or chains connected to their camshaft. In four-stroke diesel engines, they rotate at half the speed of the crankshaft. Fuel injection pumps are primarily utilized in internal combustion engine (ICE) vehicles. While mechanical fuel injection pumps hold a larger share of the market, electric fuel injection pumps are increasingly becoming popular. Progress in engine technology is a key factor driving the expansion of fuel injection pumps. The transition to high-performance engines and the swift uptake of direct injection systems in both gasoline and diesel vehicles further enhance the demand for fuel injection pumps. Denso Corporation (Japan) is a significant supplier of fuel injection pumps to automotive original equipment manufacturers (OEMs).

The ROW (Rest of World) region is anticipated to experience the fastest growth in the automotive electric vacuum pump market during the forecast period. This area mainly comprises Brazil, Iran, and South Africa. While the region has a moderate level of automobile production due to the lack of large manufacturing hubs, countries like Brazil, Iran, and South Africa have recently seen notable growth in their automotive sectors. Global vehicle manufacturers are beginning to acknowledge these unexploited markets and are concentrating on expanding their presence in these nations. The growth of the automotive market in this region can be linked to an increase in vehicle demand, the availability of inexpensive labor, and reduced production costs. Brazil stands as one of the largest automotive industries in South America, producing all types of vehicles. The country hosts a presence of major global automakers, including BYD, Fiat Automobile S.p.A, Volkswagen AG, Ford Motor Company, General Motors, and Nissan Motor Co., Ltd, among others. Consequently, with the rising demand for vehicles alongside its growing production, the need for automotive pumps in the region is expected to increase.