Electric Coolant Pump For Passenger Cars Market 2024-2028
The electric coolant pump for passenger cars market is forecasted to grow by USD 26581.6 mn during 2023-2028, accelerating at a CAGR of 20.6% during the forecast period. The report on the electric coolant pump for passenger cars market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid electrification of mechanical components, increasing adoption of evs, and improved reliability and longevity of electric coolant pumps.
Technavio's electric coolant pump for passenger cars market is segmented as below:
- By Application
- ICE powertrain
- Hybrid and electric powertrain
- By Type
- Battery electric vehicle
- Plug-in hybrid electric vehicle
- Hybrid electric vehicle
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the improvements in automotive electric pump system as one of the prime reasons driving the electric coolant pump for passenger cars market growth during the next few years. Also, rising integration with thermal management systems and use of advanced materials for automotive pumps will lead to sizable demand in the market.
The report on the electric coolant pump for passenger cars market covers the following areas:
- Electric coolant pump for passenger cars market sizing
- Electric coolant pump for passenger cars market forecast
- Electric coolant pump for passenger cars market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric coolant pump for passenger cars market vendors that include AISIN CORP., Buhler Motor GmbH, Continental AG, Davies Craig Pty Ltd., Gates Industrial Corp. Plc, GMB CORP., Hanon Systems, Johnson Electric Holdings Ltd., MAHLE GmbH, Mikuni Corp., Nidec Corp., Rheinmetall AG, Robert Bosch GmbH, Sanhua Holding Group Co. Ltd., Schaeffler AG, Sogefi Spa, Stellantis NV, Valeo SA, and VOVYO TECHNOLOGY Co. Ltd.. Also, the electric coolant pump for passenger cars market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.