North America Market Statistics
North America automotive active purge pump market is poised to account for revenue share of more than 36.4% by the end of 2037. The market is growing in the region owing to the presence of leading automakers in the U.S. Leading automakers in the region, such as Ford, Tesla, and General Motors, control a sizable portion of the market and make significant investments in enhancing fuel economy and cutting emissions from their cars. For instance, Ford Corporate is investing more than USD 50 billion between 2022 and 2026 to build a transportation system that is carbon neutral.
The growing demand for EVs in the U.S. is driving the automotive active purge pump market. According to the International Energy Agency, in 2023, there were 1.4 million new electric vehicle registrations in the U.S., a more than 40% increase from 2022. As electric vehicles (EVs) gain popularity, they must comply with strict environmental requirements by using sophisticated pollution control systems, which may include active purge pumps. As a result, the need for creative purge pump solutions made especially for electric powertrains has increased.
Canada's regulatory framework is changing rapidly to combat climate change and lower greenhouse gas emissions. For instance, the 2030 Emissions Reduction Plan offers a road plan for the Canadian economy to attain 40 to 45% reductions in greenhouse gas emissions by 2030 to combat climate change. Also, automakers are highly investing in advanced technologies like active purge pumps due to new emissions standards to achieve compliance. Opportunities are being created by these regulatory reforms for both established and new companies in the sector.
APAC Market Analysis
Asia Pacific will witness huge growth in the automotive active purge pump market during the forecast period. The market is growing in the region due to expansion in the automobile industry and increased adoption of lightweight EVs. Additionally, the quality of products and production efficiency is improving due to smart manufacturing techniques. Advanced technologies like automation, robotics, and artificial intelligence are being integrated with the manufacturing processes of active purge pumps to ensure consistency and reliability.
In China, active purge pumps designed specifically for hydrogen-powered vehicles are being developed due to the emphasis on hydrogen fuel cell technology. This cutting-edge movement supports the nation's goal of using cleaner energy sources and zero-emission vehicles. For instance, China leads the world in fuel cell commercial vehicle production, boasting over 7000 fuel cell vehicles and more than 100 hydrogen recharging stations as of the end of 2020.
Environment and air quality concerns are growing in India as metropolitan areas grow. According to the World Bank Group, the most dangerous pollutant, PM2.5, is present in unsafe amounts in the ambient air for all 1.4 billion Indians, or 100% of the nation's population, and it comes from various sources. Active purge pumps are a vital component of urban transportation systems since they can be instrumental in resolving these issues. In India, automotive technology has evolved to comply with the safety and emission regulations of the Auto Fuel Policy. It specifies the GHC road map as per the CMVR-TSC guidelines. Presently, the vehicle technology in the country is at par with international benchmarks and aligned with the UN and Global Technical Regulations (GTR).
The government in South Korea has established policies that are favorable for the expansion of the automotive active purge pump sector. These policies include subsidies for green vehicles and emissions reduction targets. According to the International Energy Agency, to achieve its 2050 net-zero target, the government has revealed plans to manufacture 20 million electric vehicles. These laws encourage the use of cutting-edge pollution control technology, which advances the sector even more.
Author Credits: Saima Khursheed
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