Global Automotive Evaporative Emission Control System (EVAP) Market Size, Share, Forecast Report, 2020-2027

The global Automotive Evaporative Emission Control System (EVAP) market garnered revenue around USD XX Billion in 2019 and projected to reach USD 60.1Billion in 2027, with at a compound annual growth rate of 4.10% throughout the estimate period from 2020 to 2027.

The Evaporative Emission Control (EVAP) System seals the fuel system of the vehicle to prevent fuel vapors from the fuel tank and fuel system from escaping into the atmosphere. This is important because fuel vapors contain a variety of hydrocarbons. Hydrocarbons form smog when they react with air and sunlight. Gasoline evaporates very quickly, so if the fuel system is open to the atmosphere a vehicle can pollute 24 hours per day without even being turned on. These uncontrolled evaporative emissions account for as much as 20% of the pollution produced by a vehicle.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Automotive Evaporative Emission Control System (EVAP) market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Automotive Evaporative Emission Control System (EVAP) market growth.

The global Automotive Evaporative Emission Control System (EVAP) market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

Key players operating in the global automotive evaporative emission control (EVAP) system market include SenTec Group (Switzerland), The Plastic Omnium Group (France), Eagle Industry Co., Ltd. (Japan), Delphi Technologies (UK), TI Automotive (UK), Plastic Fuel Systems (China), Didac International (India), Padmini VNA Mechatronics Pvt Ltd (India), Stant Corporation (Indiana), Robert Bosch GmbH (Germany), Okay Motor Products Hangzhou Inc. (China), and Standard Motor Products Inc. (US).

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

The global automotive evaporative emission control (EVAP) system market can be segmented based on component, vehicle type, sales channel, and region. Based upon component, the automotive evaporative emission control (EVAP) system market can be bifurcated into fuel tank, vent hoses, purge valve/sensor, EVAP canister, fuel tank pressure sensor, liquid-vapor separator, fuel level sensor, and gas cap.

Based on vehicle type, the automotive evaporative emission control (EVAP) system market can be classified into passenger vehicle, light commercial vehicle, heavy commercial vehicle, and two-wheelers. The passenger vehicle segment is anticipated to grow at a significant rate in the coming years.

In terms of sales channel, the global automotive evaporative emission control (EVAP) system market can split into OEM and aftermarket. The OEM distribution channel segment held a significant share in the global market in 2019.

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA