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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Automotive EVAP Systems Market to exceed $65bn by 2025
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Automotive EVAP Systems Market is estimated to exceed USD 65 billion by 2025; according to a new research report by Global Market Insights, Inc. Increasing vehicular emissions along with rising awareness regarding air pollution will drive the automotive EVAP systems market over the forecast period. Fuel tank temperature further increases with the heat coming from various sources including exhaust system and engine leading to evaporation. Moreover, escalating fuel evaporation during vehicle parking, operation and refueling are inducing significant potential for industry proliferation. Stringent government regulations pertaining to fuel evaporation will escalate the automotive EVAP systems market size. In North America, the U.S. government implemented regulations including CARB LEVII and EPA stage II to improve the air quality. Key Insights from Automotive EVAP Systems Market :
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued… Ongoing initiatives by international organization such as EPA, UNECE, to reduce fuel evaporation will escalate the automotive EVAP systems market share over the projected timeframe. For instance, 40 CFR part 1066 provides regulations for the required testing procedures for measuring exhaust, evaporative, and refueling operations. Emergence of vehicle testing procedures for vehicular pollution will positively influence the industry size. Passenger cars hold significant share in the automotive EVAP systems market size owing to rising vehicle production. According to OICA, in 2017, the PCV production increased by around 11% as compared to 2013.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Automotive EVAP Systems Market@ https://www.gminsights.com/industry-analysis/automotive-evaporative- emission-control-evap-system-market https://www.gminsights.com/industry-analysis/automotive-evaporative- emission-control-evap-system-market Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/3222
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Automotive Evaporative Emission Control System Market, By Vehicle, 2018 & 2025, (USD Million)
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Eagle Industry Co Delphi Technologies Didac International TI Automotive Plastic Fuel Systems Padmini VNA Mechatronics Pvt Ltd Major Companies Automotive EVAP Systems Market:
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Industry Coverage
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latin America will hold a considerable revenue share in the automotive EVAP systems market size on account of increasing concern to reduce fuel evaporation along with implementation of stringent international policies to curb air pollution. Further, countries such as Mexico is emerging as key destination for automotive investments. Companies such as Nissan, Delphi, General Motors, Continental, and Volkswagen are establishing their R&D center and engineering plants in Mexico thereby escalating the regional growth. OEM segment leads the automotive EVAP systems market share owing to installation of EVAP systems to meet government regulations. Manufacturers are minimizing the component size to reduce weight and vehicular emissions. Moreover, the system providers are involved in designing components with unique design for environment and safety concerns escalating the industry size. Regional Insights in Automotive EVAP Systems Market:
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media:
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