Press release
Automotive Electric Water Pump Market Size Hit USD 6690.8 Million by 2026
For instance, Italy-based automotive cooling system specialist Saleri engineered a unique electromechanical water pump (EMP) to enable enhanced temperature control, without increasing power, in hybrid-powered vehicles. Similarly, the German automotive major Rheinmetall employed the canned motor concept to design a novel coolant solution that eliminates the need for sealing elements, thus ensuring a prolonged lifespan of the water pump. These, and many such innovations, are expected to emerge as the leading automotive electric water pump market trends in the forthcoming years.
Get a Sample PDF Brochure with Impact of COVID-19 Analysis: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/automotive-electric-water-pump-market-102618
The report states that the value of the market stood at USD 2410.2 million in 2018. Additionally, it provides the following information:
Comprehensive insights into the regional dynamics of the market;
Detailed analysis of the competitive landscape of the market;
Exhaustive study of the various market segments; and
Microscopic evaluation of the market drivers, trends, and challenges.
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
To get the short-term and long-term impact of COVID-19 on the automotive electric water pump market: https://www.fortunebusinessinsights.com/automotive-electric-water-pump-market-102618
List of Players Covered in the Automotive Electric Water Pump Market Report:
o DaviesCraig
o Gates Corporation
o Magna International Inc.
o Robert Bosch GmbH
o Schaeffler AG
o BLDC Pump Co., Ltd.
o Rheinmetall Automotive AG
o Continental AG
Market Driver
Escalating Pollution Levels Worldwide to Aid Market Expansion
Air pollution levels all over the world are escalating at an unprecedented rate and emissions from on-road vehicles is one of the foremost contributors to this rise. According to the World Health Organization (WHO), ambient air pollution was responsible for close to 4.2 million deaths worldwide in 2016. In the US, the Environment Protection Agency (EPA) estimates that motor vehicles account for 75% of the carbon monoxide pollution. One of the main reasons for such high level of vehicular pollution is the outdated and inefficient combustion and coolant technologies in automobiles. As a result, the fuel efficiency of vehicles is reduced, leading to more emissions and more pollution. In this scenario, the development of sustainable EWP systems for automobiles will bode well for the automotive electric water pump market growth.
Regional Analysis
Asia-Pacific to Hold Lion's Share; Europe to Follow Closely
The market size in Asia-Pacific stood at USD 951.7 million in 2018 and is expected to expand steadily in the coming years, enabling the region to dominate the automotive electric water pump market share. The chief growth propeller in the region is the skyrocketing demand for passenger vehicles, which itself is supported by continuously rising disposable income. In Europe, on the other hand, stringent government regulations on vehicular carbon emissions are nudging people towards electric vehicles which come preinstalled with EWP systems. A similar trend is witnessed in North America where there is an increasing demand for fuel-efficient vehicles, which augurs well for this market.
Competitive Landscape
Targeted Innovation Strategies to be Adopted by Major Players
While the opportunities for innovation are wide and extensive in this market, industry leaders are adopting a more targeted approach towards developing innovative solutions, the automotive electric water pump market analysis suggests. Companies are particularly designing products to cater to the rapidly growing market for electric vehicles, where the demand for advanced EWP units is set to rise in the near future.
Quick Buy - Automotive Electric Water Pump Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/102618
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Electric Water Pump Market Size Hit USD 6690.8 Million by 2026 here
News-ID: 2026208 • Views: …
More Releases from Fortune Business Insights Pvt Ltd
Aircraft Engine Market Latest Key Drivers and Future Demand Forecast by 2029
According to a recent report by Fortune Business Insights, the global Aircraft Engine Market is expected to reach a size of USD 112.61 billion by 2028, growing at a CAGR of 10.87% during the forecast period 2021-2028. The report offers a thorough analysis of the market size, regional landscape, revenue forecasts, and upcoming challenges in the market. It also provides current statistics and future predictions, aiming to evaluate growth prospects,…
Space Mining Market the Development Strategies Adopted by Major Key Players And …
The increasing investments by mining companies is expected to foster healthy growth of the market during the forecast period, sates Fortune Business Insights in a report, titled "Space Mining Market Size, Share & Industry Analysis, By Phase (Spacecraft Design, Launch, Operation), By Asteroid type (Type C, Type S, Type M, Others), By Application (Construction, Resource Harvesting, 3D Printing, Others) and Regional Forecast, 2023-2030." The growing number of government initiatives for…
Radar Level Transmitter Market Size, Gross Margin, Trends, Future Demand, Analys …
The higher level of accuracy, reliability, and stability offered by radar level transmitters is expected to fuel the demand of the market during the forecast period, states Fortune Business Insights, in a report, titled "Radar Level Transmitter Market Size, Share & Industry Analysis, By Technology (Contact, Noncontact), By Frequency Range (C and X Band, W Band, K Band), By Application (Liquids, slurries, and interfaces, Solids), By Industry (Oil & Gas,…
Explosive Detectors Market Analysis, Growth, Trends, Demands and Emerging Techno …
The global explosive detectors market is set to gain traction from their ever-increasing usage in the security check-in department of domestic, as well as international airports worldwide. This information is published by Fortune Business Insights™ in an upcoming report, titled, "Explosive Detectors Market Size, Share & Industry Analysis, By Technology (Trace Detector, Bulk Detector), By Product Type (Vehicle Mounted, Handheld, Robotics, Others), By End User (Military & Defense, Cargo &…
More Releases for Pump
Automotive Pump Market Forecast to 2028 - Covid-19 Impact and Global Analysis - …
MARKET INTRODUCTION
Automotive pumps are utilized for transferring automotive fluids in the vehicles. These pumps are mainly used for improving vehicle performance and fuel efficiency. The increase in demand for environment-friendly solutions has pushed several manufacturers to design and develop advanced pumps. The pumps are used in various vehicle systems such as coolant, steering, fuel, transmission, and lubrication.
Download Sample Report in PDF Version @ www.theinsightpartners.com/sample/TIPRE00006033/?utm_source=openpr&utm_medium=10387
This report sample includes:
A brief introduction to…
Agricultural Pump Market Advancement Outlook 2020-2026: Sulzer, Dayuan Pump, Wil …
The Latest report about the Agricultural Pump market provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Agricultural Pump market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with…
Agricultural Water Pump Market Growth Opportunities 2020: Lingxiao Pump, East Pu …
The newly issued research report provides comprehensive and an in-depth assessment of the "Global Agricultural Water Pump Market Forecast 2020-2026", which will also offer relevant data for the new industry entrants as well as well-established Agricultural Water Pump market players. According to the study, the worldwide Agricultural Water Pump market report unfolds the current and historical Agricultural Water Pump industry scenarios, Agricultural Water Pump market development patterns and is expected…
Asphalt Pumps Market Size Study and Regional Forecasts 2019-2025| Johnson Pump, …
This study focuses on the production side and consumption side of Asphalt Pumps, presents the global Asphalt Pumps market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Asphalt Pumps capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this…
Asia-Pacific Vertical Turbine Pump Market By Type - Ductile Iron Pump, Stainless …
Researchmoz added Most up-to-date research on "Asia-Pacific Vertical Turbine Pump Market By Type - Ductile Iron Pump, Stainless Steel Pump & Other Pump" to its huge collection of research reports.
Vertical turbine pumps are Vertical Turbine Pump s specially designed to move water from an underground well or reservoir. Theyre also known a deep well turbine pumps or a line shaft turbine pumps. While submersible pumps have an electric motor located…
Global Industrial Pump Rental Market 2017: Xylem, Holland Pump, Selwood, Global …
Global Industrial Pump Rental Market 2017-2022
QY Market Research include new Industrial Pump Rental market research report "2016-2022 Report on Global Industrial Pump Rental Market Competition, Status and Forecast, Market Size by Players, Regions, Type, Application" to its huge collection of research reports.
This report on the global Industrial Pump Rental market is highly helpful because it covers all the aspects which are important in deciding the future of this industry. The…
