Global Canister Purge Valve Market Growth 2023-2029

Global Canister Purge Valve Market Growth 2023-2029

The canister purge valve is a vital part of the Evaporative Emission Control System (EVAP). The EVAP system seals the fuel system of your vehicle to prevent harmful fuel vapors from entering the environment. In particular, the canister purge valve is an emissions control component that allows the engine intake vacuum to take the exact amount of fuel vapors from the EVA canister into the engine intake manifold.

In newer model vehicles the purge valve is electrically operated solenoid controlled by the engine computer. When your engine is off the valve is closed. Once your engine is up and running the computer continuously and moderately opens the purge valve. This action allows fuel vapor to move from the charcoal canister to burn in the engine. A hose connects all of these parts to form the EVAP system. Like many automotive parts, dust and dirt can clog the canister. The purge valve can even crack from harsh conditions in the environment. If the purge valve fails, it can cause problems for the EVAP system which will negatively affect your car’s emission output level.

LPI (LP Information)' newest research report, the “Canister Purge Valve Industry Forecast” looks at past sales and reviews total world Canister Purge Valve sales in 2022, providing a comprehensive analysis by region and market sector of projected Canister Purge Valve sales for 2023 through 2029. With Canister Purge Valve sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Canister Purge Valve industry.

This Insight Report provides a comprehensive analysis of the global Canister Purge Valve landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Canister Purge Valve portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Canister Purge Valve market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Canister Purge Valve and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Canister Purge Valve.

The global Canister Purge Valve market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Canister Purge Valve is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Canister Purge Valve is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Canister Purge Valve is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Canister Purge Valve players cover ACDelco, Genuine, Intermotor, Duralast, BWD, Bosch, Dorman, Delphi and Febi, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Canister Purge Valve market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
OEM Market
Aftermarket

Segmentation by application
Sedan
SUV
Commercial Vehicle
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ACDelco
Genuine
Intermotor
Duralast
BWD
Bosch
Dorman
Delphi
Febi
Forecast
Kayser
Mopar
Motorcraft
OES Genuine
Original Equipment
Pierburg
Vaico
Vemo
Worldpac

Key Questions Addressed in this Report

What is the 10-year outlook for the global Canister Purge Valve market?

What factors are driving Canister Purge Valve market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Canister Purge Valve market opportunities vary by end market size?

How does Canister Purge Valve break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.