Global Electrical Water Pump Market Growth 2023-2029

Global Electrical Water Pump Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global Electrical Water Pump 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 Electrical Water Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electrical Water Pump market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electrical Water Pump 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 Electrical Water Pump.

The global Electrical Water Pump market size is projected to grow from US$ 845.2 million in 2022 to US$ 1155.2 million in 2029; it is expected to grow at a CAGR of 1155.2 from 2023 to 2029.

Global Electric Water Pumps key players include Bosch, Continental, Aisin, Rheinmetall Automotive, etc. Global top four manufacturers hold a share over 75%.

Europe is the largest market, with a share about 55%, followed by Japan, and North America, both have a share over 30 percent.

In terms of product, 12V EWP is the largest segment, with a share over 70%. And in terms of application, the largest application is Engine, followed by Battery, Turbocharger, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Water Pump market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Light
Medium
Other

Segmentation by application
Motorcycle
Electric car
Other

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.
Continental
Demon Tweeks
Davies Craig
GMB
Bosch
Yili Technology
Jegs
Toyota Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electrical Water Pump market?

What factors are driving Electrical Water Pump market growth, globally and by region?

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

How do Electrical Water Pump market opportunities vary by end market size?

How does Electrical Water Pump 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.