Global Electric Water Pump for Electric Vehicles Market Research Report 2022

An electric water pump is powered by the vehicle’s electrical system. There can be up to two or three water pumps in an EV. The ECU turns them on only when their circuit needs cooling. That way, the system has more targeted cooling, which helps reduce the load on the battery. Additionally, some vehicles also have a water pump just to provide cabin heat.
Market Analysis and Insights: Global Electric Water Pump for Electric Vehicles Market
Due to the COVID-19 pandemic, the global Electric Water Pump for Electric Vehicles market size is estimated to be worth US$ 964.5 million in 2022 and is forecast to a readjusted size of US$ 2692.3 million by 2028 with a CAGR of 18.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, 12V Electric Water Pump accounting for % of the Electric Water Pump for Electric Vehicles global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Battery Electric Vehicles (BEVs) segment is altered to an % CAGR throughout this forecast period.
Bosch, and Continental are the top 2 companies in global electric water pump for electric vehicles market and account for about 20% of total market share. Geographically speaking, Europe holds about 50% of global market share, followed by Asia-Pacific with over 40% share. In terms of voltage, 12V electric water pump segment holds an important share of nearly 60%. In terms of application, BEVs segment accounts for about 70% of the global share.
Global Electric Water Pump for Electric Vehicles Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electric Water Pump for Electric Vehicles Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Voltage and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Voltage
12V Electric Water Pump
24V Electric Water Pump
Others
Segment by Application
Battery Electric Vehicles (BEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
By Company
Bosch
Continental
Aisin
Rheinmetall Automotive
Gates
Hanon Systems
MAHLE
GMB
Buehler Motor
Valeo
Feilong Auto Components
Sanhua Automotive Components
Yinlun
Jiangsu Leili Motor
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

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