Press release
Electric Coolant Pump Market worth $5.40 billion by 2030, growing at a CAGR of 7.34% - Exclusive Report by 360iResearch
Electric Coolant Pump Market | 360iResearch
The Global Electric Coolant Pump Market to grow from USD 3.29 billion in 2023 to USD 5.40 billion by 2030, at a CAGR of 7.34%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/electric-coolant-pump?utm_source=openpr&utm_medium=referral&utm_campaign=sample
An electric coolant pump is a mechanically simplistic yet technologically advanced device designed to circulate coolant through an engine's cooling system using electric power. Unlike traditional belt-driven coolant pumps that rely on the engine's rotation to operate, an electric coolant pump is independent of the engine's mechanical functions. It is controlled electronically, typically by the vehicle's engine control unit (ECU), allowing for more precise management of the engine's temperature. Electric coolant pumps are employed in various end-use sectors, including automotive (passenger cars, commercial vehicles, and electric vehicles), aerospace, heavy machinery, and industrial cooling systems. They are also increasingly being incorporated into high-performance computing systems and renewable energy installations for thermal management purposes. Stricter environmental regulations push for improved fuel efficiency, and reduced emissions have increased the demand for electric coolant pumps. Additionally, the growing electric vehicle market demands efficient thermal management systems, further pushing the market growth. However, high initial development costs, pricing pressure from competitive technologies, and technical challenges related to integration with existing vehicle systems may challenge the market growth. Nevertheless, the advent of autonomous and connected vehicles, which require advanced thermal management systems, is expected to provide growth for the market. Moreover, growth in high-performance computing and electronics with integrated sensors and controls , elevates the need for efficient cooling technologies to enhance performance and energy efficiency, which boost the market's growth.
The automotive, aerospace, and telecommunication sector in the Americas, particularly in the United States and Canada, is a substantial consumer of electric coolant pumps. Factors such as the adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs), along with major automotive manufacturers' production presence, enrich market growth. Moreover, the presence of numerous data centers in the United States requires data center cooling applications coupled with HVAC needs, which has further fueled the market growth in the region. Environmental regulations including Corporate Average Fuel Economy standards in the U.S. push automotive manufacturers to adopt innovative technologies such as electric coolant pumps. EMEA is a critical market for electric coolant pumps with the presence of leading automotive manufacturers and stringent emission regulations, especially in Europe. The European Union's aggressive CO2 reduction targets are a driving force behind adopting electric coolant pumps. Additionally, the increase in vehicle production and technological advancements in Europe contribute to the market expansion. The EMEA region presents opportunities to retrofit existing vehicle fleets with electric coolant pumps to comply with environmental standards. The Asia Pacific region shows the fastest growth of the electric coolant pump market. This is attributed to the high production of vehicles in China, Japan, and India. Rising consumer income levels and increasing awareness about vehicle maintenance for better performance and fuel efficiency are the most contributing factors to the growth of the market.
Market Segmentation & Coverage:
This research report categorizes the Electric Coolant Pump Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Coolant Pump Type, market is studied across Centrifugal Pumps and Positive Displacement Pumps. The Positive Displacement Pumps is projected to witness significant market share during forecast period.
Based on Coolant Type, market is studied across Glycol-based and Water-based. The Glycol-based is projected to witness significant market share during forecast period.
Based on Power Source, market is studied across Battery-powered, Electric grid-powered, and Hybrid. The Electric grid-powered is projected to witness significant market share during forecast period.
Based on Wattage Range, market is studied across 100 to 500 watts, Above 500 watts, and Below 100 watts. The 100 to 500 watts is further studied across 150W, 200W, and 250W. The 100 to 500 watts is projected to witness significant market share during forecast period.
Based on Applications, market is studied across Automotive Engine Cooling, Data Center Cooling, Heating, Ventilation, & Air Conditioning (HVAC), Hybrid & Electric Vehicles, and Industrial Machinery. The Heating, Ventilation, & Air Conditioning (HVAC) is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.26% in 2023, followed by Americas.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/electric-coolant-pump?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Electric Coolant Pump Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Electric Coolant Pump Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Electric Coolant Pump Market, highlighting leading vendors and their innovative profiles. These include Aisin Seiki Co. Ltd., Allstar Performance, Brinkmann Pumps Inc., Bühler Motor GmbH, Concentric, LLC, Continental AG, Denso Corporation, Fuji Electric Co., Ltd., Gates Corporation, GMB Corporation, Grayson Automotive Services Limited, Grundfos Pumps Corporation, Hanon Systems, HELLA GmbH and Co. KGaA, Hitachi Automotive Systems, Ltd. by Hitachi, Ltd., Industrie Saleri Italo S.p.A., Johnson Electric Holdings Limited, MAHLE GmbH, MEZIERE ENTERPRISES, Moog Inc., RAJLAXMI - ROLEX ENTERPRISE, Rheinmetall AG, Robert Bosch GmbH, Sanhua Holding Group, Sogefi SpA, SUMITOMO PRECISION PRODUCTS Co., Ltd., TBK Co., Ltd., TOPS Industry & Technology Co.,Ltd., VARO - Vic. Van Rompuy nv, Vitesco Technologies GmbH, VOVYO Technology Co., Ltd., and Zebra Skimmers Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Electric Coolant Pump Market, by Coolant Pump Type
7. Electric Coolant Pump Market, by Coolant Type
8. Electric Coolant Pump Market, by Power Source
9. Electric Coolant Pump Market, by Wattage Range
10. Electric Coolant Pump Market, by Applications
11. Americas Electric Coolant Pump Market
12. Asia-Pacific Electric Coolant Pump Market
13. Europe, Middle East & Africa Electric Coolant Pump Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Electric Coolant Pump Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Electric Coolant Pump Market?
3. What is the competitive strategic window for opportunities in the Electric Coolant Pump Market?
4. What are the technology trends and regulatory frameworks in the Electric Coolant Pump Market?
5. What is the market share of the leading vendors in the Electric Coolant Pump Market?
6. What modes and strategic moves are considered suitable for entering the Electric Coolant Pump Market?
Read More @ https://www.360iresearch.com/library/intelligence/electric-coolant-pump?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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 Electric Coolant Pump Market worth $5.40 billion by 2030, growing at a CAGR of 7.34% - Exclusive Report by 360iResearch here
News-ID: 3408816 • Views: …
More Releases from 360iResearch
Rising Incidence of Human Metapneumovirus in Vulnerable Populations Boosts Globa …
In recent years, the silent ascent of human metapneumovirus (HMPV) infections has begun to capture significant attention within the realm of infectious diseases. As we advance in medical science, unraveling complexities of age-old pathogens like common influenza or emerging illnesses like COVID-19, a critical discourse has been emerging around HMPV. Particularly, there seems to be a burgeoning acknowledgment of its growing impact on vulnerable global populations, propelling an increased demand…
The Meat Alternatives Market size was estimated at USD 9.39 billion in 2023 and …
From Appetite to Advocacy: The Rising Demand for Meat Alternatives
In recent years, the global food industry has been undergoing a remarkable transformation, driven primarily by an increasing consumer demand for healthier, sustainable, and ethically sourced food products. This seismic shift has brought traditional meat alternatives and high-protein plant-based foods into the spotlight. As the world becomes more conscious of the implications of meat consumption on health and the environment, the…
The Mobility-as-a-Service Market size was estimated at USD 264.80 billion in 202 …
Unpacking the Surge in Investments and Collaborations to Bolster Mobility-as-a-Service
In recent years, as urban landscapes continually evolve, a transformative shift known as Mobility-as-a-Service (MaaS) has reshaped the way we perceive transportation. Marked by the integration of various forms of transport services into a single accessible on-demand mobility solution, MaaS is rapidly gaining traction across global cities. As an emerging paradigm, it's not just shaping the future of travel but also…
The Data Center Services Market size was estimated at USD 56.65 billion in 2023 …
Smart City Revolutions: Why Data Center Colocation is the Future Backbone
In the era of digital transformation, urban landscapes across the globe are undergoing a seismic shift toward becoming "smart cities." The concept of a smart city revolves around using digital technology, IoT (Internet of Things), AI, and data analytics at an unprecedented scale to improve urban infrastructure, manage resources efficiently, and enhance the quality of life for citizens. A vital…
More Releases for Pump
Asphalt Pumps Market Key Players: Johnson Pump, Viking Pump, Rotan Pump, Shanggu …
The Asphalt Pumps Market Research Reports 2021 – 2027 is an Analysis and In-depth study of the Asphalt Pumps Market Industry, with the target of global market trend. The report mainly focuses on the market size, market structure, market share, growth cost structure, and forecast for 2027. The Research Report is an analysis of quantitative of the Asphalt Pumps market and gives information for making strategies…
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…
Solar Pump Market Current & Future Growth Forecast To 2027 | CRI Pump, LORENTZ, …
Asia-pacific contributed to the highest share, accounting for more than half of the global solar pump market in 2019, and will maintain its dominance throughout the forecast period. This is attributed to increase in government initiatives in region such as India, drive the market growth in this region. However, Europe is expected to grow at the highest CAGR of 8.5% from 2020 to 2027. This is owing to means of…
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…
Global Slurry Pump Market: Tsurumi Pump, Shijiazhuang Kingda Pump, Xylem, Weir G …
Global Market Study Evaluate on Slurry Pump Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022
The scope of the global Slurry Pump market report is:
This report offers a comprehensive evaluation of the Slurry Pump market. It does so by in-depth qualitative insights, historical Slurry Pump market data, and verifiable projections about global Slurry Pump market size. The projections featured in the Slurry Pump market report have been…
