Electric water pump is activated by battery and motor only on demand for cooling. The just function minimizes the load on engine. Electric water pumps are a part of a growing number of newer vehicles where higher efficiency engines are demanded. Aside from providing standard engine cooling, they reduce engine load and can be controlled by sensors to provide the necessary amount of coolant at any time. Some new vehicles even use up to three pumps for various systems, including cabin heating, turbocharger and battery system cooling.
This report contains market size and forecasts of Electric Water Pump in global, including the following market information:
Global Electric Water Pump Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Water Pump Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Electric Water Pump companies in 2021 (%)
The global Electric Water Pump market was valued at 889 million in 2021 and is projected to reach US$ 1716.7 million by 2028, at a CAGR of 9.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
12V EWP Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Water Pump include Bosch, Aisin, Continental, Rheinmetall Automotive, Gates and Hanon Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Water Pump manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Water Pump Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Water Pump Market Segment Percentages, by Type, 2021 (%)
12V EWP
24V EWP
Global Electric Water Pump Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Water Pump Market Segment Percentages, by Application, 2021 (%)
Engine
Turbocharger
Battery
Others
Global Electric Water Pump Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Water Pump Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Water Pump revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Water Pump revenues share in global market, 2021 (%)
Key companies Electric Water Pump sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Electric Water Pump sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Aisin
Continental
Rheinmetall Automotive
Gates
Hanon Systems