Press release
Global Electric Water Pumps Market Projected to Reach 1310 Million US$ by 2025-QY Research, INC.
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.
The global Electric Water Pumps production is about 11 Millon Units, Europe and USA are the two largest production regions, in 2015, Europe is the largest production region, it occupies about 42.5%, USA is the second largest production region, it occupies about 28% market share; The Electric Water Pumps industry is relative concentrated industry, the largest five manufactures occupy about 90% market share.
The largest consumption regions are Europe and USA, the Europe occupies about 37.5% market share and the USA occupies about 30% market share in 2015; the consumption regions are relative dispersion;
The price of Electric Water Pumps’ price has the down streaming trend and the gross margin also has the similar trend, in 2015, the average price is about 67.5 USD per Unit and the gross margin is about 27%;
The Electric Water Pumps’ production is mainly concentrated in the developed countries; 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.
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The global Electric Water Pumps market is valued at 860 million US$ in 2017 and will reach 1310 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2018-2025.
The major manufacturers covered in this report
Bosch
Aisin
Continental
KSPG
Gates
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Rest of Asia-Pacific
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