Electric Coolant Pump Market to Witness Substantial Growth by 2031 | Robert Bosch GmbH, AISIN SEIKI Co., Ltd., Continental AG.

The latest report published by DataM Intelligence highlights the growth prospects of Electric Coolant Pump market. The industry expansion is majorly driven by developments in technology across the globe.

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The Electric Coolant Pump Market is poised to grow at a CAGR of 16.7 % until 2024-2031.

The Electric Coolant Pump market focuses on pumps used in electric and hybrid vehicles to regulate battery and engine temperature. Growth is fueled by the rise in EV production, efficiency improvements, and government regulations promoting clean energy vehicles.

Competitive Evaluation:

Companies covered in this report are Rheinmetall Automotive AG, Robert Bosch GmbH, AISIN SEIKI Co., Ltd., Continental AG, MAHLE GmbH, DENSO CORPORATION, Johnson Electric Holdings Limited, Hanon Systems, Industrie Saleri Italo S.p.A

The Electric Coolant Pump Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.

Key Development

On August 23, 2019, Continental announced plans to expand production of speed sensors for electric pump motors and vehicles at its Manesar plant, aiming to meet growing safety technology demands in the Indian automotive market.

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Electric Coolant Pump Market Segments

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

By Type: Magnetically Driven, Electrically Driven/Canned

By Seal Type: Sealed Coolant Pumps (Seal Face Material (Carbon Sealed Material, Ceramic Sealed Material)), Sealless Coolant Pumps (Bearings Material (Engineered Plastics, Powdered Metal, Carbon Bearings), Shaft Materials (Metal, Ceramics)

By Power: Less than 100W, More than 100W

By Communication Interface: LIN, CAN, PWM

By Application: Engine and HVAC, Battery & Power Electronics, Gearbox Cooling, Others

By End-User: Electric Vehicle (Electric Vehicle Type (Battery Electric Vehicles (BEVS), Plug-In Hybrid Electric Vehicles (PHEVS)), Electric Vehicle Usage (Passenger Car, Commercial)), Ice Vehicle (Ice Vehicle Type (Passenger Car, Commercial), Ice Vehicle Voltage (12V, 48V)), Others)

Regional Assessment:

Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Electric Coolant Pump market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

In terms of geographical analysis, Electric Coolant Pump Market report provides an in-depth view of:-

∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies

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This report provides a 360-degree synopsis of the competitive scenario of the Electric Coolant Pump industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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