Global Electronic Water Pump for New Energy Vehicle Market Growth 2025-2031
Description
The global Electronic Water Pump for New Energy Vehicle market size is predicted to grow from US$ 2409 million in 2025 to US$ 6842 million in 2031; it is expected to grow at a CAGR of 19.0% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Water pumps are mainly used in the main cooling system of internal combustion engines, turbocharger cooling circuits and intake intercooling systems, and are also used in the drive system and power battery thermal management system of new energy vehicles. The water pumps in electric vehicles are generally electronic water pumps (also known as "electric water pumps"), which are mainly used for circulating cooling of drive motors, electric components, power batteries, etc.
Compared with mechanical water pumps used in thermal management of traditional fuel vehicles, the core components of the thermal management system of new energy vehicles represented by electronic water pumps are mainly used for circulating cooling of drive motors, electric components, power batteries, etc., and the usage and value of each vehicle have increased by 2-3 times. For new energy vehicles, electronic water pumps can also improve energy utilization efficiency, that is, the motor speed is flexibly adjusted according to the needs of the cooling system, and the circulation speed of the coolant is automatically adjusted under different operating conditions of the vehicle to avoid unnecessary energy consumption, which will increase the vehicle's cruising range to a certain extent.
From a product perspective, electronic water pumps have become the mainstream choice for new energy vehicles due to their long service life, small size, high precision, low energy consumption, high reliability, compact structure, and strong sealing. They are expected to replace the mechanical water pumps of traditional fuel vehicles in the future.
Electric water pumps are evolving from simple coolant circulators to intelligent, integrated components central to EV performance and sustainability. Future trends emphasize smart control, material innovation, and system integration, driven by demands for energy efficiency, reliability, and adaptability across diverse vehicle segments. As EVs scale globally, EWPs will play a pivotal role in enabling next-gen technologies like ultra-fast charging, autonomous driving, and zero-emission mobility.
In terms of product type and technology, the Electronic Water Pump for New Energy Vehicle mainly include 12V Electric Water Pump, 24V Electric Water Pump, and Others. 12V Electric Water Pump is a relatively popular and widely used for Electric Vehicles, 12V Electric Water Pump accounting for 58.11% of the Electronic Water Pump for New Energy Vehicle global market in 2024. The Electronic Water Pump for New Energy Vehicle market will bifurcate into low-voltage (12V/24V) for niche/auxiliary uses and high-voltage systems for mainstream EVs, with innovation focused on smart controls, material science, and integration with next-gen thermal management architectures. Suppliers like Bosch, Rheinmetall, and Nidec will lead in developing voltage-agnostic, modular solutions to cater to diverse global markets.
From the perspective of product market applications, Electronic Water Pump for New Energy Vehicle mainly include BEV. In 2024, BEV accounted for 69.44% of the total market, Battery Electric Vehicles (BEVs) segment is altered to a 22.16% CAGR throughout this forecast period and will hold a share about 77.27% in 2028. The Electronic Water Pump for New Energy Vehicle market will bifurcate, with BEVs driving cutting-edge advancements (high-voltage, smart systems) and PHEVs sustaining demand for hybrid-optimized pumps. Sustainability, connectivity, and regional regulatory shifts will shape both segments, but BEVs will lead long-term growth as global electrification accelerates.
At present, major global main manufacturers of Electronic Water Pump for New Energy Vehicle include Bosch, GMB, Continental, Valeo, Hanon Systems, Aisin, Rheinmetall Automotive, Gates, MAHLE, Buehler Motor, SANHUA Automotive, Feilong Auto Components, Jiangsu Leili Motor, Yinlun, etc. In 2024, the global three largest players have a share approximately 32% in terms of revenue. It is expected that industry competition will become more intense in the next few years, especially in the Chinese market.
LP Information, Inc. (LPI) ' newest research report, the “Electronic Water Pump for New Energy Vehicle Industry Forecast” looks at past sales and reviews total world Electronic Water Pump for New Energy Vehicle sales in 2024, providing a comprehensive analysis by region and market sector of projected Electronic Water Pump for New Energy Vehicle sales for 2025 through 2031. With Electronic Water Pump for New Energy Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Water Pump for New Energy Vehicle industry.
This Insight Report provides a comprehensive analysis of the global Electronic Water Pump for New Energy Vehicle 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 Electronic Water Pump for New Energy Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Water Pump for New Energy Vehicle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Water Pump for New Energy Vehicle 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 Electronic Water Pump for New Energy Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Water Pump for New Energy Vehicle market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
12V Electric Water Pump
24V Electric Water Pump
Others
Segmentation by Application:
Battery Electric Vehicles (BEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Bosch
GMB
Continental
Valeo
Hanon Systems
Aisin
Rheinmetall Automotive
Gates
MAHLE
Buehler Motor
FinDreams (BYD)
VISU
SANHUA Automotive
Feilong Auto Components
Tuopu Group
Huahui Enterprise
Jiangsu Leili Motor
Yinlun
Shenpeng Electronics
Southeast Electric
Fawer Automotive Parts
Johnson Electric
Xiang Oil Pump
Wuxi Huishan Pump
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Water Pump for New Energy Vehicle market?
What factors are driving Electronic Water Pump for New Energy Vehicle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Water Pump for New Energy Vehicle market opportunities vary by end market size?
How does Electronic Water Pump for New Energy Vehicle break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Water pumps are mainly used in the main cooling system of internal combustion engines, turbocharger cooling circuits and intake intercooling systems, and are also used in the drive system and power battery thermal management system of new energy vehicles. The water pumps in electric vehicles are generally electronic water pumps (also known as "electric water pumps"), which are mainly used for circulating cooling of drive motors, electric components, power batteries, etc.
Compared with mechanical water pumps used in thermal management of traditional fuel vehicles, the core components of the thermal management system of new energy vehicles represented by electronic water pumps are mainly used for circulating cooling of drive motors, electric components, power batteries, etc., and the usage and value of each vehicle have increased by 2-3 times. For new energy vehicles, electronic water pumps can also improve energy utilization efficiency, that is, the motor speed is flexibly adjusted according to the needs of the cooling system, and the circulation speed of the coolant is automatically adjusted under different operating conditions of the vehicle to avoid unnecessary energy consumption, which will increase the vehicle's cruising range to a certain extent.
From a product perspective, electronic water pumps have become the mainstream choice for new energy vehicles due to their long service life, small size, high precision, low energy consumption, high reliability, compact structure, and strong sealing. They are expected to replace the mechanical water pumps of traditional fuel vehicles in the future.
Electric water pumps are evolving from simple coolant circulators to intelligent, integrated components central to EV performance and sustainability. Future trends emphasize smart control, material innovation, and system integration, driven by demands for energy efficiency, reliability, and adaptability across diverse vehicle segments. As EVs scale globally, EWPs will play a pivotal role in enabling next-gen technologies like ultra-fast charging, autonomous driving, and zero-emission mobility.
In terms of product type and technology, the Electronic Water Pump for New Energy Vehicle mainly include 12V Electric Water Pump, 24V Electric Water Pump, and Others. 12V Electric Water Pump is a relatively popular and widely used for Electric Vehicles, 12V Electric Water Pump accounting for 58.11% of the Electronic Water Pump for New Energy Vehicle global market in 2024. The Electronic Water Pump for New Energy Vehicle market will bifurcate into low-voltage (12V/24V) for niche/auxiliary uses and high-voltage systems for mainstream EVs, with innovation focused on smart controls, material science, and integration with next-gen thermal management architectures. Suppliers like Bosch, Rheinmetall, and Nidec will lead in developing voltage-agnostic, modular solutions to cater to diverse global markets.
From the perspective of product market applications, Electronic Water Pump for New Energy Vehicle mainly include BEV. In 2024, BEV accounted for 69.44% of the total market, Battery Electric Vehicles (BEVs) segment is altered to a 22.16% CAGR throughout this forecast period and will hold a share about 77.27% in 2028. The Electronic Water Pump for New Energy Vehicle market will bifurcate, with BEVs driving cutting-edge advancements (high-voltage, smart systems) and PHEVs sustaining demand for hybrid-optimized pumps. Sustainability, connectivity, and regional regulatory shifts will shape both segments, but BEVs will lead long-term growth as global electrification accelerates.
At present, major global main manufacturers of Electronic Water Pump for New Energy Vehicle include Bosch, GMB, Continental, Valeo, Hanon Systems, Aisin, Rheinmetall Automotive, Gates, MAHLE, Buehler Motor, SANHUA Automotive, Feilong Auto Components, Jiangsu Leili Motor, Yinlun, etc. In 2024, the global three largest players have a share approximately 32% in terms of revenue. It is expected that industry competition will become more intense in the next few years, especially in the Chinese market.
LP Information, Inc. (LPI) ' newest research report, the “Electronic Water Pump for New Energy Vehicle Industry Forecast” looks at past sales and reviews total world Electronic Water Pump for New Energy Vehicle sales in 2024, providing a comprehensive analysis by region and market sector of projected Electronic Water Pump for New Energy Vehicle sales for 2025 through 2031. With Electronic Water Pump for New Energy Vehicle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Water Pump for New Energy Vehicle industry.
This Insight Report provides a comprehensive analysis of the global Electronic Water Pump for New Energy Vehicle 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 Electronic Water Pump for New Energy Vehicle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Water Pump for New Energy Vehicle market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Water Pump for New Energy Vehicle 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 Electronic Water Pump for New Energy Vehicle.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Water Pump for New Energy Vehicle market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
12V Electric Water Pump
24V Electric Water Pump
Others
Segmentation by Application:
Battery Electric Vehicles (BEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Others
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 analysing the company's coverage, product portfolio, its market penetration.
Bosch
GMB
Continental
Valeo
Hanon Systems
Aisin
Rheinmetall Automotive
Gates
MAHLE
Buehler Motor
FinDreams (BYD)
VISU
SANHUA Automotive
Feilong Auto Components
Tuopu Group
Huahui Enterprise
Jiangsu Leili Motor
Yinlun
Shenpeng Electronics
Southeast Electric
Fawer Automotive Parts
Johnson Electric
Xiang Oil Pump
Wuxi Huishan Pump
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Water Pump for New Energy Vehicle market?
What factors are driving Electronic Water Pump for New Energy Vehicle market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Water Pump for New Energy Vehicle market opportunities vary by end market size?
How does Electronic Water Pump for New Energy Vehicle break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
149 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Electronic Water Pump for New Energy Vehicle by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Electronic Water Pump for New Energy Vehicle by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
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