Global Automotive Evaporative Emission Control (EVAP) System Market Size was valued nearly USD 43.87 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5% during the forecast period, i.e. 2017-2025. Due to growing awareness regarding environmental responsibility and government Appling new regulation on automotive, transportation and manufacturing sectors which are impact to drive the Automotive Evaporative Emission Control (EVAP) System industry in coming years.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

Growing environmental concern same time increasing ambient temperature across the world that reflect to increase the fuel tank temperature, high tank temperature resulted to evaporation of the petrol. The increasing fuel losses and air pollution due to evaporative emission which will boost the EVAP system market share during the forecast period. The government concern and new policies on reducing evaporation which is volatile organic compound is influencing the product demand. Policy standards and government rules as California CARB are analysis on reducing carbon monoxide, hydrocarbons, and nitrogen oxide pollution for improving air quality, boost to EVAP system market growth in coming years. The research and development in automotive sector to innovate cleaner technologies will boost the driving the automotive evaporative emission control system market share. Additionally increasing demand adaption of hybrid and electric vehicles is one of the major concerns to industry slowdown in coming years. 

Segment Analysis

Vehicles Type: Based on the vehicles type, the EVAP system segment is divided into PCV, LCV, HCV, and Two Wheelers. Heavy commercial vehicles will showcase significant growth over the projected timeframe due to proliferating logistic and construction industry. The two wheelers was held largest share in the automotive evaporative emission control system industry size on account of their relative affordability and higher fuel efficiency.  

Component Type: Based on the component type, the EVAP system segment is divided into Fuel Tank, Gas Cap, Liquid Vapor Separator, Canister, Control Valve, Sensor, Hoses and other Canister will account for a significant share in the automotive evaporative emission control system market size over the study timeframe.

Distribution Channel: The global EVAP system market is segmented on distribution channel that are OEM, Aftermarket. In 2017 OEM holds a significant volume share in the EVAP system market on account of advanced technology innovation and adoption of systems to adhere to vehicular pollution standards. Aftermarket segment will witness significant growth in coming years. 

Reginal Analysis

The Global Automotive Evaporative Emission Control (EVAP) System Market is divided into region that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe – UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2017, Asia pacific market was held largest share and is projected to contribute major demand over the forecast period due to highest vehicles demand and production from manufacturer to grab market demand and to meet consumer expectations. In coming years growing government concern for reducing pollution and clean transportation as well environment will calculate healthy growth in automotive evaporative emission control system market. North America and Europe is showing positive sign in industry and it will generating significant CAGR in coming years due to contributing major key players role in region. Recent years policy upgradation from European about the greenhouse gas and air quality will push the product demand same time production demand over the forecast period.  

Global Market Size, Share Analysis By Region 2017

Automotive Evaporative Emission Control System Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Automotive Evaporative Emission Control System Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in automotive evaporative emission control system market are included as primary sources of the supply side.

After performing comprehensive engineering of automotive evaporative emission control system market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Key Players

Some of the prominent manufacturers form regional industry as well global industry that are Delphi Technologies, Didac International, Eagle Industry Co., Ltd., TI Automotive, Padmini VNA Mechatronics Pvt Ltd, Plastic Fuel Systems, Robert Bosch, Sentec Group, Standard Motor Products Inc, Stant Corporation, The Plastic Omnium Group

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