Global Automotive Canister Purge Valve Market Overview
Automotive canister purge valve plays a major role in day to day operations of vehicle’s emission control system. Canister purge valve is an equipment used for the minimization of evaporative emissions that are released to the atmosphere. The emission gases are made to pass through this canister purge valve into an activated charcoal filter which traps the hydrocarbon vapors. Part of the intake air is routed through this filter and it carries the vapors into the engine’s cylinder. The canister purge valve measures this airflow in accordance with the engine’s operating state. The canister purge valve is an electronically operated solenoid that is controlled by the ECU. Automotive canister purge valve will witness an increase in the market size due to the growth in the automotive industry.
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Global Automotive Canister Purge Valve Market Scenario
Automotive canister purge valve has witnessed significant growth in recent years as per demands in developed and developing countries. Canister purge valve market is predicted to grow significantly in developing and under developing countries according to research conducted by the company for the forecast period due to increase in the demand of automobiles. Canister purge valve is used extensively across the globe for controlling the hydrocarbons that are released to the atmosphere. Further, the canister purge valve has a positive reaction from the end user side for its application, reliability and durability. Apart from this automotive manufacturers are making sure that there is no error involved in the operation of canister purge valve. When the canister purge valve does not function the check engine light of the vehicle glows to warn the passenger about the fault.
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Global Automotive Canister Purge Valve Market Dynamics
Canister purge valve market has a very strong market growth in the future due to rising demand in automobiles. Government laws have been implemented globally for the compulsion of canister purge valve in the vehicle due to the rising emissions from vehicle. Canister purge valve are becoming advanced and can operate under severe conditions, such as high temperature, high humidity and vibrations. Canister purge valve will boom more in developing countries in comparison to developed countries due to higher demand rate of automobiles. The increasing number of design improvements in car technology will be one of the key trends for the growth of the global canister purge valve market.
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Global Automotive Canister Purge Valve Market Segmentation
Automotive canister purge valve market can be segmented on the basis of vehicle type, by product type and sales channel. On the basis of vehicle type, canister purge valve can be segmented into passenger vehicle and commercial vehicles. On the basis of product type, canister purge valve can be segmented into linear type and turbo type. On the basis of sales channel, canister purge valve can be segmented into OEM and aftermarket. Geographically, the global market for the canister purge valve market can be segmented into seven regions, namely North America, Latin America, Europe, CIS & Russia, APEJ, Japan, and MEA.
Global Automotive Canister Purge Valve Market Regional Overview
Automotive canister purge valve market has a strong market in developed and developing countries as they are matured markets with more automotive fleets. Among the regions mentioned above the Asia Pacific region ranks as the fastest growing market for canister purge valve. In APEJ region China, South Korea, and India are the top automobile producing countries making them prominent market for canister purge valve. Overall the outlook for the global canister purge valve market will have a positive growth over the forecasted period with the increase in demand for automobiles.