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.
Europe and USA are the two largest production regions, in 2017, Europe is the largest production region, it occupies about 60%, North America is the second largest production region, it occupies about 24.6% market share; The Electric Water Pumps industry is relative concentrated industry, the largest five manufactures occupy about 89% market share.
The largest consumption regions are Europe and USA, the Europe occupies about 36.5% market share and the North America occupies about 31.52% market share in 2017; the consumption regions are relative dispersion.
The Electric Water Pumps? production is mainly concentrated in the Europe and North America; the developing countries? consumption mainly depends on import market.
In the future, the technology of Electric Water Pumps will be more and more mature, and the application regions will expand, it will have larger market share in the automotive battery. The future price will have great relationship with the power and frequency. China will be a potential market.
According to this study, over the next five years the Electric Water Pumps market will register a 8.4% CAGR in terms of revenue, the global market size will reach USD 1060 million by 2024, from USD 650 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electric Water Pumps business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Water Pumps market by product type, application, key manufacturers and key regions and countries.
This study considers the Electric Water Pumps value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
12V EWP
24V EWP
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Engine
Turbocharger
Battery
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Bosch
Aisin
Continental
KSPG
Gates
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Electric Water Pumps consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electric Water Pumps market by identifying its various subsegments.
Focuses on the key global Electric Water Pumps manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electric Water Pumps with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electric Water Pumps submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
