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Automotive Electric Water Pump Market Size, Share & Trends Analysis Report By Voltage Type, By Vehicle Type, By Distribution Channel, By Propulsion Type, By Application, By Region, and Segment Forecasts, 2024 - 2030

Publisher Grand View Research
Published Jul 17, 2024
Length 100 Pages
SKU # GV19066232

Description

Automotive Electric Water Pump Market Size, Share & Trends Analysis Report By Voltage Type, By Vehicle Type, By Distribution Channel, By Propulsion Type, By Application, By Region, and Segment Forecasts, 2024 - 2030


Market Size & Trends

The global automotive electric water pump market size was estimated at USD 3.21 billion in 2023 and is projected to grow at a CAGR of 14.2% from 2024 to 2030. An automotive electric water pump is a device used in vehicles to circulate coolant through the engine and other components to regulate their temperature. The increasing adoption of electric water pumps in maintaining efficient cooling systems, both in hybrid and electric vehicles, is the major driving factor behind the market growth. In addition, these advanced pumps are powered by a motor and a battery, allowing for precise control over the coolant flow needed by the engine, which further drives their demand.

The integration of electric water pumps in automobiles significantly boosts fuel efficiency. These pumps significantly enhance fuel efficiency by operating only when needed and adjusting their speed accordingly. Besides their efficient performance, electric water pumps consume around 90% less energy than their mechanical counterparts. This increased demand for electric water pumps has enhanced vehicle efficiency and played a crucial role in reducing emissions, promoting a safer and more environmentally friendly environment. In addition, electric water pumps extend engine life by preventing overheating and reducing wear and tear on engine components. Thus, increasing demand for automotive electric water pumps owing to their benefits, including improved fuel efficiency, enhanced engine performance, reduced emissions, extended engine life, and quieter operations, are expected to drive market growth.

Increasing production and sales of electric and hybrid vehicles across the globe is further driving the demand for automotive electric water pumps. These vehicles require advanced cooling systems for their high-voltage batteries and inverters, driving demand for efficient electric water pumps. Manufacturers are focusing on developing pumps that can seamlessly integrate with the unique cooling needs of electric drivetrains. Furthermore, according to IEA, electric car sales are constantly increasing and are projected to reach approximately 17 million units in 2024, representing over one in five cars sold globally. Thus, as electric vehicle adoption continues to grow, the market for automotive electric water pumps spurring innovation and technological advancements.

As vehicles become more technologically advanced, the need for effective thermal management systems is increasing. Automotive electric water pumps play a crucial role in maintaining optimal engine and component temperatures, especially in high-performance and hybrid vehicles. Manufacturers are developing pumps with precise control capabilities to meet the specific cooling requirements of modern engines. This increased focus on thermal management is driving innovation and market growth.

Factors such as high initial costs and the complexity of integrating these systems into existing vehicle architectures could hamper the growth of the market. In addition, ongoing improvements in design and materials are making automotive electric water pumps more reliable. However, there are still concerns about their long-term durability and performance across a wide range of operating conditions. Thus, the need for advanced technological expertise and potential reliability issues could restrain market growth.

Global Automotive Electric Water Pump Market Report Segmentation

The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global automotive electric water pump market report based on voltage type, vehicle type, distribution channel, propulsion type, application, and region.
  • Voltage Type Outlook (Revenue, USD Million, 2018 - 2030)
  • 12V
  • 24V
  • Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
  • Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
  • OEMs
  • Aftermarket
  • Propulsion Type Outlook (Revenue, USD Million, 2018 - 2030)
  • ICE
  • Electric
  • Application Outlook (Revenue, USD Million, 2018 - 2030)
  • Battery
  • Engine
  • Turbocharger
  • Others
  • Regional Outlook (Revenue, USD Million, 2018 - 2030)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Latin America
  • Brazil
  • Middle East & Africa
  • UAE
  • Kingdom of Saudi Arabia
  • South Africa
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

100 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.4. Information Analysis
1.4.1. Market Formulation & Data Visualization
1.4.2. Data Validation & Publishing
1.5. Research Scope and Assumptions
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Impact Analysis
3.3.2. Market Restraint Impact Analysis
3.3.3. Market Opportunity Impact Analysis
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.4.2. PESTEL Analysis
Chapter 4. Automotive Curtain Airbags Market: Type Estimates & Trend Analysis
4.1. Type Movement Analysis & Market Share, 2023 & 2030
4.2. Automotive Curtain Airbags Market Estimates & Forecast, By Type
4.2.1. Torso Curtain Airbags
4.2.2. Head Curtain Airbags
4.2.3. Combo Curtain Airbags
Chapter 5. Automotive Curtain Airbags Market: Vehicle Type Estimates & Trend Analysis
5.1. Vehicle Type Movement Analysis & Market Share, 2023 & 2030
5.2. Automotive Curtain Airbags Market Estimates & Forecast, By Vehicle Type
5.2.1. Passenger Cars
5.2.2. Commercial Vehicles
Chapter 6. Automotive Curtain Airbags Market: End Use Estimates & Trend Analysis
6.1. End Use Movement Analysis & Market Share, 2023 & 2030
6.2. Automotive Curtain Airbags Market Estimates & Forecast, By End Use
6.2.1. OEMs
6.2.2. Aftermarket
Chapter 7. Automotive Curtain Airbags Market: Regional Estimates & Trend Analysis
7.1. Automotive Curtain Airbags Market: Regional Outlook
7.2. North America
7.2.1. North America automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Canada automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.2. Germany
7.3.2.1. Germany automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.3. UK
7.3.3.1. UK automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.4. France
7.3.4.1. France automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1. China automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.3. India
7.4.3.1. India automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.4. Japan
7.4.4.1. Japan automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.5. Australia
7.4.5.1. Australia automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.6. South Korea
7.4.6.1. South Korea automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
7.5.1. Latin America automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.6. MEA
7.6.1. MEA automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.6.2. UAE
7.6.2.1. UAE automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.6.3. Kingdom of Saudi Arabia (KSA)
7.6.3.1. Kingdom of Saudi Arabia (KSA) automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
7.6.4. South Africa
7.6.4.1. South Africa automotive curtain airbags market estimates & forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Financial Performance
8.3. Product Benchmarking
8.4. Company Market Share Analysis, 2023
8.5. Company Heat Map Analysis
8.6. Strategy Mapping
8.6.1. Expansion
8.6.2. Collaborations
8.6.3. Mergers & Acquisitions
8.6.4. New Vehicle Type Launches
8.6.5. Partnerships
8.6.6. Others
8.7. Company List
8.7.1. Ashimori Industry; Co., Ltd.
8.7.2. Autoliv
8.7.3. Kolon Industries, Inc.
8.7.4. Scania Group
8.7.5. SEIREN Co., LTD.
8.7.6. Sumitomo Corporation
8.7.7. TG Missouri
8.7.8. TOYODA GOSEI Co., Ltd.
8.7.9. Yanfeng
8.7.10. ZF Friedrichshafen AG

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