Global Automotive Evp (Electric Vacuum Pump) Market Expected to Witness a Sustainable Growth over 2025 - QY ResearchThis report studies the Automotive Evp (Electric Vacuum Pump) market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report studies the Automotive Evp (Electric Vacuum Pump) market, Automotive Evp (Electric Vacuum Pump) is an ideal brake booster solution for both pneumatic brakes and hydraulic brakes.
The effect of vacuum boost in the braking system is related to the safety of the vehicle. In the automotive brake assist system, the vacuum booster can not get a vacuum or get a vacuum will lead the brake system is not so good. Electric vacuum pump can monitor the vacuum changes of the boosters by the vacuum sensor, and thus can provide sufficient power for the drivers in a variety of conditions.
Currently, almost all new energy and electric vehicles need Electric Vacuum Pump, and the size of the market for passenger cars grew rapidly, and passenger cars has a higher frequency parts replacement, so both in OEM and after-market, the Electric Vacuum Pump used in passenger cars has growth driving factor. So the demand has a stable growth rate. The China’s sales of Electric Vacuum Pump in 2016 have been over 3932.6 K Units.
The technology of the Electric Vacuum Pump is difficult, and there are a few manufacturers can manufacture Evps. The big manufacturers can ensure high quality, so their product can meet the high-end consumer’s demand.
The price is decreasing at a stable speed, and high quality means high price. Price between different manufactures has gradient.
The global Automotive Evp (Electric Vacuum Pump) market was million US$ in 2017 and is expected to million US$ by the end of 2025, growing at a CAGR of % between 2018 and 2025.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The leading players include following list:
Hella
Continental
Youngshin
Tuopu Group
VIE
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