Press release
Automotive Electric Water Pump Market: Accelerated Growth Rate, Key Drivers, and Emerging Trends 2024-2029
Automotive Electric Water Pump Market
What Is The Projected Market Size Of The Global Automotive Electric Water Pump Market And Its Growth Rate?
The automotive electric water pump market has been displaying rapid growth in recent years and is set to continue its upward trajectory with diversified contributions from various facets.
• 2024 Market Size: $3.81 billion
• 2025 Market Size: $4.38 billion (14.8% CAGR)
• 2029 Market Size: $7.6 billion (14.8% CAGR)
The factors contributing towards this growth include rising fuel efficiency standards, increased emphasis on emission reduction, and rising demand for electric and hybrid vehicles.
What Is Driving The Growth In The Automotive Electric Water Pump Market?
The surge in demand for electric vehicles globally is a significant factor propelling the growth of the automotive electric water pump market. An essential aspect of these electric vehicles, the automotive electric water pump, efficiently controls the coolant circulation in the engine at specific temperature ranges while maintaining a target temperature. This effective temperature management prevents both insufficient and excess cooling, thereby boosting the performance of electric vehicles. An increase in global vehicle production, with production reaching 93546599 units in 2023, indicates the significant growth potential for the automotive electric water pump market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9520&type=smp
Who Are the Key Players Driving Automotive Electric Water Pump Market Growth?
Key players operating in the automotive electric water pump market include:
• Robert Bosch GmbH
• Schaeffler AG
• Hitachi Astemo Americas Inc.
• HELLA GmbH & Co. KGaA
• Rheinmetall Automotive AG
• Valeo Service
• Continental Automotive GmbH
• BLDC Pump Co. Ltd.
• Gates Corporation
• Davies Craig Pty Ltd.
• ZF Friedrichshafen AG
• Johnson Electric Holdings Limited
• Hanon Systems Co. Ltd.
• Aisin Seiki Co. Ltd.
• Magna International Inc.
What Are The Key Trends In The Automotive Electric Water Pump Market?
Key trends shaping the market's trajectory include:
• Increased electrification of vehicles
• Focus on energy efficiency
• Integration with smart cooling systems
• Lightweight design and materials
• Rise of electric and hybrid powertrains
What Are The Segments Of The Global Automotive Electric Water Pump Market?
The global automotive electric water pump market can be segmented into:
1) By Voltage Type: 12V, 24V
2) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Duty Trucks, Buses And Coaches
3) By Propulsion: Internal Combustion Engines (ICEs), Electric, Battery Electric, Hybrid Or Plug-In Hybrid Electric, Fuel-Cell Electric
4) By Application: Engine, Turbocharger, Battery, Other Applications
5) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket
Which Region Leads The Automotive Electric Water Pump Market?
Asia-Pacific was leading the automotive electric water pump market in 2024, with the other regions in the market being Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The swift adoption of electric vehicles and tightening emission norms are few of the factors contributing to this region's dominance.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/automotive-electric-water-pump-global-market-report
What Is Covered In The Automotive Electric Water Pump Market Global Market Report?
- Market Size Analysis: Analyze the Automotive Electric Water Pump Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automotive Electric Water Pump Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automotive Electric Water Pump Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automotive Electric Water Pump Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=9520&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: mailto:info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company ( https://www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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: Accelerated Growth Rate, Key Drivers, and Emerging Trends 2024-2029 here
News-ID: 3828071 • Views: …
More Releases from The Business Research Company
Key Driver Shaping the Future Artificial Intelligence (AI) In Ultrasound Imaging …
What Is the Estimated Market Size and Growth Rate for the Artificial Intelligence (AI) In Ultrasound Imaging Market?
In recent years, the ultrasound imaging market utilizing artificial intelligence (AI) has seen considerable expansion. The market, which was valued at $1.14 billion in 2024, is expected to rise to $1.28 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 12.2%. The exponential growth during the recent period is due to…
Leading Element Driving Change in the Artificial Intelligence (AI) Image Enhance …
What Is the Estimated Market Size and Growth Rate for the Artificial Intelligence (AI) Image Enhancer Market?
The market size of the artificial intelligence (AI) image enhancer has experienced rapid expansion in the past years. It is projected to increase from $2.11 billion in 2024 to $2.45 billion in 2025, with a compound annual growth rate (CAGR) of 15.9%. The significant growth during the historical period is credited to the rising…
Ampoule Bottle Market Set to Reach $13.55 Billion by 2029 with 5% Yearly Growth
What Is the Estimated Market Size and Growth Rate for the Ampoule Bottle Market?
In recent years, there has been a notable growth in the size of the ampoule bottle market. It's projected to expand from $10.69 billion in 2024 to $11.24 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 5.1%. This growth during the historical period can be linked to the increasing popularity of injectable medications,…
Major Market Shift in Rituxan Hycela, Rituxan Mabthera (Rituximab) Industry: Dev …
What Is the Estimated Market Size and Growth Rate for the Rituxan Hycela, Rituxan Mabthera (Rituximab) Market?
The market for rituxan hycela, also known as rituxan mabthera or rituximab, has expanded swiftly over the recent past. Its projected growth is from $2943.97 million in 2024 to $3430.93 million in 2025, with a compound annual growth rate (CAGR) of 16.5%. Factors accounting for this growth in the historic period include a heightened…
More Releases for Electric
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Wireless Sensors Market Regional Outlook, Top Manufactures General Electric, Yok …
The Global Wireless Sensors Market is measurement tools equipped with transmitters that convert signals from instruments into radio transmission signals. Increasing interest of manufacturers in research and development of more efficient Wireless sensors are expected to drive the wireless sensors market. However, this market is highly competitive and price sensitive are hampering the growth of the market.
For More Info, Get Sample Report Here @ https://www.orianresearch.com/request-sample/1371276
What you can expect from…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
