cdx-24801

FAQ's

Answer : The global automotive active purge pump market is expected to grow at a CAGR of 65% over forecast period 2021 to 2027.

Answer : The global automotive active purge pump market size is anticipated to reach over US$ 7.07 billion by 2027.

Answer : DC motor anticipated to project lucrative growth over the coming years as it is a vital component responsible for the actions of automotive active purge pump.

Answer : Rising concern for emission of harmful gases in air that further leads to serious health hazards is presently a major concern for the governments of various regions. In addition, transportation industry contribute nearly one-fourth of the total emission as gasoline (or petrol) when combusted release benzene that is one of the most harmful substances and has adverse impact on the human health. Because of the same, governments impose stringent regulation for emission control from the vehicle. This is attributed to impel the market growth for automotive active purge pump market.

Answer : Some of the key players operating in the market are Agilent Technologies, Continental AG, Denso Corporation, Robert Bosch GmbH, Akebono Brake Company, Hitachi Chemical Co. Ltd., Allied-Nippon Limited, and Nisshinbo Holdings Inc. among others.

Answer : Based on vehicle type, passenger vehicle accounted for the largest market share owing to its high sales share i.e. around 75% out of total vehicle sales.

Answer : Europe led the global market and projected to retain its position over the forthcoming years because of the rising awareness regarding stringent emission standards.