Automotive Electric Water Pump Market reached a value of US $ 15.41 Bn. in 2022. Global Automotive Electric Water Pump Market size is estimated to grow at a CAGR of 4.2%. The market is expected to reach a value of US $ 20.56 Bn in 2029.
Automotive Electric Water Pump Market Overview
The market report on the Automotive Electric Water Pump Market published by Maximize Market Research, presents a detailed analysis of the global market in 2022. It encompasses a wide range of factors such as type, distribution channel, end-user, and industry vertical within the Automotive Electric Water Pump market. The report further includes a comprehensive forecast up to 2029, accompanied by in-depth information on mergers and acquisitions, recent advancements, and business strategies implemented by prominent companies. This report on the Automotive Electric Water Pump market serves as an invaluable source of information for newcomers aiming to gain insights into the industry.
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Automotive Electric Water Pump Market Scope
The Maximize Market Research report gives a thorough analysis of the Automotive Electric Water Pump market and dynamic research methodology. The report provides, information about key growth drivers, market dynamics, challenges, and scope along with the PESTAL, PORTER and SWOT analysis. The report encompasses the latest developments and emerging technologies in the global Automotive Electric Water Pump market. It offers comprehensive information, including market shares, supply chain analysis, and key success factors, for the global Automotive Electric Water Pump market. The concluding section of the report presents insights and opinions from industry experts representing top leading organizations in the global Automotive Electric Water Pump market. The report covers a specified timeframe, including historical years (2018-2020), base year (2022), estimated year (2022), and the forecast period (2023-2029).
Automotive Electric Water Pump Market Segmentation
The market is divided into 12V EWP and 24V EWP segments based on the type of pump used. In 2022, the 12V EWP segment dominated the industry. The 12V electric water pump market has the largest market share since 12V EWPs are employed in passenger cars. Due to the rising prevalence of traction cooling systems in heavy-duty hybrid cars, the market for 24V electric water pumps is anticipated to grow.
The market is divided into light commercial vehicles, heavy commercial vehicles, and passenger vehicles based on the kind of vehicle. In 2022, the passenger car dominated the market. The demand for passenger cars has increased in response to the rise in consumer disposable income, which has also spurred the expansion of the automotive pump sector. The passenger car category is anticipated to hold the largest share of the automotive pump market. Rising consumer demand for electric cars, significant government changes to transportation regulations aimed at reducing harmful emissions, and the market for automotive pumps in passenger cars are all expected to drive the passenger car segment forward. This is especially true in Asia Pacific's emerging economies.
1. Global Automotive Electric Water Pump Market Size, by Pump type (2022-2029)
• 12V EWP
• 24V EWP
2. Global Automotive Electric Water Pump Market Size, by Vehicle Type (2022-2029)
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Passenger Vehicle
3. Global Automotive Electric Water Pump Market Size, by Sale channel (2022-2029)
• OEMs
• Aftermarket
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Automotive Electric Water Pump Market Key Players
1. Continental AG
2. Robert Bosch GmbH
3. Behr Hella Service GmbH
4. VALEO SERVICE.
5. Magna International Inc.
6. KSPG
7. Schaeffier AG
8. DaviesCraig
9. Gates Corporation
10. BLDC Pump Co., Ltd.
11. Rheinmetall Automotive AG
12. AISIN SEIKI Co., Ltd.
13. Hitachi Automotive Systems Americas, Inc.
14. GMB Corporation
15. Schaeffler Group
16. Aisin Seiki Co., Ltd.
17. Concentric AB
18. AIRTEX ASC
19. TBK Co., Ltd.
20. Meko Auto Pvt. Ltd.
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Regional Analysis
The report presents statistical data on market growth for each influential economy in the global Automotive Electric Water Pump market. It encompasses various regions, including North America, Asia-Pacific, Europe, Latin America, and MEA, providing comprehensive insights. The report covers emerging trends, population growth, and government strategies and regulations, offering a holistic view of the market. The concluding section of regional insights provides historical and forecasted data on the market influence of all economies within the respective regions.
Key Questions answered in the Automotive Electric Water Pump Market Report are:
- What is Automotive Electric Water Pump Market?
- What is the forecast period of the Automotive Electric Water Pump Market?
- What is the competitive scenario of the Automotive Electric Water Pump market?
- Which region held the largest market share in the Automotive Electric Water Pump Market?
- What are the opportunities for the Automotive Electric Water Pump Market?
- What are the restraining factors in the Automotive Electric Water Pump market?
- Who are the key players of the Automotive Electric Water Pump market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Automotive Electric Water Pump#
- Landscape- Leading key players and other prominent key players.
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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The Automotive Electric Oil Pump market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the automotive electric oil pump market include AISIN SEIKI, Delphi Automotive PLC., DENSO CORPORATION, FTE automotive, Hitachi Automotive, HUSCO Automotive, LLC, Johnson Electric, Magna International, MAHLE Group, Mikuni American Corporation, Mitsubishi Electric, Nidec Corporation, Rheinmetall Automotive AG, Robert Bosch GmbH, SHW AG and ZF Friedrichshafen AG among others.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Automotive Electric Oil Pump Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/automotive-electric-oil-pump-market/download-sampleMarket DynamicsThe continuous increase in demand for passenger vehicles owing to rapid urbanization, rising disposable income, and stable economic conditions, is driving the market growth.
Owing to its characteristics such as operating at high pressure and also help in reducing CO2 emission from engines are likely to drive the market.
Advanced features and benefits over mechanical pump help in adoption of electric pump over the forecast period.
