Business

Automotive AC Vacuum Pump Market Projected to Gain Significant Value by 2028

Press Release

Automotive AC vacuum pumps are used for vacuuming automotive air-conditioning systems to eliminate moisture or air that may damage the system in the long run. The moisture present in an AC system can hamper its performance and may also lead to freezing of the system due to condensation of the water present in moisture. Automotive AC vacuum pumps create a vacuum deep enough to boil the moisture away.

Automotive AC vacuum pumps are of two types: Venturi type vacuum pumps and Electric vacuum pumps. Venturi type vacuum pumps are also referred to as air powered vacuum pumps. Electric vacuum pumps are electrically powered vacuum pumps. For different type of vehicles, different sized vacuum pumps are used depending upon the requirement and CFM (Cubic feet per minute) rating of the automotive AC vacuum pump.

Furthermore, an automotive AC vacuum pump can increase the reliability and effectiveness of an AC system and is a low-cost method of maintaining an AC system..

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An automotive AC vacuum pump not only protects the AC system from freezing up, it also protects the system from any kind of corrosion and damage from moisture. These pumps can increase the life of an AC system and are a cost-effective way of preventive maintenance. Electric vacuum pumps are more efficient than venturi-type vacuum pumps and can clear almost all of the moisture particles from an AC system easily.

Furthermore, in the growing automotive industry, the AC system is an essential element of any vehicle as the that demand for comfortable and convenient vehicles is increasing. This is expected to push the demand for automotive AC vacuum pumps for the maintenance of automotive AC systems over the forecast period.

However, venture-type vacuum pumps cannot boil off all of the moisture from the AC system and thus, they are less efficient. On the other hand, though electric vacuum pumps are effective, they are quite expensive. Additionally, new automotive AC systems do not require much maintenance. All of these factors are expected to hinder the growth of the automotive AC vacuum pump market over the forecast period.

Automotive AC Vacuum Pump Market: Segmentation:

The global market can be segmented by product type, end-use vehicles and region.

On the basis of product type, the global market is segmented into:

  • Venturi-Type Vacuum Pump
  • Electric Vacuum Pump

On the basis of end-use vehicles, the global market is segmented into:

  • Passenger Cars
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)

Automotive AC Vacuum Pump Market: Regional Outlook:

The Asia Pacific automotive AC vacuum pump market is expected to grow at a significant growth rate as China and India are the leading countries in terms of automotive vehicles production and sales. The need of preventive maintenance in automotive AC systems for preventing any type of breakdown is expected to be a key factor contributing to the growth of automotive AC vacuum pump market over the forecast period.

North America and Europe are expected to register prominent growth owing to the growing automotive industry, which is expected to increase the demand for automotive AC vacuum pumps in the region. Middle East & Africa region will also witness decent growth in the automotive AC vacuum pump market over the forecast period.

Automotive AC Vacuum Pump Market: Market Participants:

Some of the market participants in the global automotive AC vacuum pump market are:

  • Bosch Automotive Service Solutions Inc.
  • Ritchie Engineering Company, Inc.
  • CPS Products, Inc.
  • ATD Tools, Inc.
  • AIR-VAC Engineering Company
  • Mac Tools.
  • FJC Inc.
  • Mastercool Inc.
  • Kozyard LLC.
  • Wenling Aitcool Equipment Co., Ltd.
  • Zhejiang Value Mechanical & Electrical Products Co.,Ltd.

The research report presents a comprehensive assessment of the Automotive AC vacuum pump market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to automotive AC vacuum pump market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

  • Automotive AC vacuum pump Market Segments
  • Automotive AC vacuum pump Market Dynamics
  • Automotive AC vacuum pump Market Size
  • Automotive AC vacuum pump Supply & Demand
  • Automotive AC vacuum pump Current Trends/Issues/Challenges
  • Automotive AC vacuum pump Competition & Companies involved
  • Automotive AC vacuum pump Technology
  • Automotive AC vacuum pump Value Chain

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Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint