Press release
Growing Demand For Electric Cars Fueling The Electric Coolant Pump Market Growth: The Driving Engine Behind Electric Coolant Pump Market Evolution in 2025
Electric Coolant Pump
Electric Coolant Pump Market Size Growth Forecast: What to Expect by 2025?
In recent years, there has been a substantial expansion in the electric coolant pump market. The market size, which stands at $3.06 billion in 2024, is predicted to increase to $3.5 billion in 2025, reflecting a compound annual growth rate (CAGR) of 14.4%. The growth during the historic period is due to the transition to electric powertrains, rising automotive production, increasing emphasis on thermal management, strict emission rules, and growing demand for fuel-efficient vehicles.
How Will the Electric Coolant Pump Market Size Evolve and Grow by 2029?
The market for electric coolant pumps is predicted to experience substantial expansion in the upcoming years, with projections indicating it will reach $5.91 billion by 2029, reflecting a compound annual growth rate (CAGR) of 14.0%. The anticipated increase during the forecast period is linked to the rising popularity of direct liquid cooling systems, their greater presence in internal combustion engine (ICE) vehicles, customization for unique vehicle needs, the incorporation of renewable energy, and a growing need for highly efficient cooling solutions. The forecasting period is also set to witness key trends including the creation of compact, lightweight options, improved pump efficiency, blended smart thermal management systems, substantial financial investment in research and development, and rapid progress in the automotive sector.
View the full report here:
https://www.thebusinessresearchcompany.com/report/electric-coolant-pump-global-market-report
What Drivers Are Propelling the Growth of Electric Coolant Pump Market Forward?
The electric coolant pump market is projected to grow due to the escalating demand for electric vehicles. Electric cars, which run on electricity stored in rechargeable batteries and employ electric motors, provide a more sustainable and eco-friendly solution than traditional gas-powered vehicles. The surge in EV cars can be attributed to growing environmental consciousness and strict emissions standards. Electric coolant pumps in EVs play a key role in controlling component heat by circulating coolant, thereby facilitating the effective functioning and durability of crucial systems like batteries and electric motors. For example, the International Energy Agency (IEA) reported in 2023 that around 14 million new electric vehicles were registered worldwide, bringing the total to 40 million and following the sales projection for 2023 closely. The sales of electric vehicles in 2023 surpassed those of 2022 by 3.5 million, marking a 35% increase year on year. Consequently, the escalating demand for electric vehicles is bolstering the expansion of the electric coolant pump market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16404&type=smp
Which Emerging Trends Are Transforming the Electric Coolant Pump Market in 2025?
Key players in the electric coolant pump market, like Robert Bosch GmbH, are expanding their product range for aftermarket use in an effort to supply more effective and long-lasting solutions and fulfill the increasing requirements for vehicle upkeep and enhancement. Aftermarket electric coolant pumps are components that can be added or replaced in vehicles after the initial purchase. As an example, in October 2022, this Germany-based engineering firm broadened its electric coolant pump selection for the aftermarket sector. The incorporation of new electric coolant pump models to Bosch's aftermarket selection reflects their dedication to remain ahead in the auto technology advancements. By broadening their range of electric coolant pumps, Bosch is responding to the increasing aftermarket demand for these parts, allowing repair shops and service centers to keep up with and repair vehicles equipped with the most recent cooling system technologies.
What Are the Key Segments in the Electric Coolant Pump Market?
The electric coolant pump market covered in this report is segmented -
1) By Type: Sealed, Seal less
2) By Vehicle Type: Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV)
3) By Power Output: Up To 100W, Greater Than100W
4) By Application: Passenger Car Cooling, Cooling Of Accessories, Air Conditioning, Gearbox Cooling, Other Applications
5) By Sales Channel: Original Equipment Manufacturer, Aftermarket
Subsegments:
1) By Sealed: Single Seal Electric Coolant Pumps, Double Seal Electric Coolant Pumps
2) By Seal-Less: Magnetic Drive Electric Coolant Pumps, Non-Contact Seal-Less Electric Coolant Pumps
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16404&type=smp
Who Are the Key Players Shaping the Electric Coolant Pump Market's Competitive Landscape?
Major companies operating in the electric coolant pump market are Hyundai Corporation, Robert Bosch GmbH, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Magna International Inc., Aisin Corporation, Valeo S.A., MAHLE GmbH, BorgWarner Inc., HELLA GmbH & Co. KGaA, Eberspächer Gruppe GmbH & Co. KG, Rheinmetall Automotive AG, Hanon Systems, Johnson Electric, Gates Corporation, Standard Motor Products Inc., TYC Brother Industrial Co. Ltd., Vernet Group, Saleri Silvio S.p.A., Grayson Thermal Systems, Stant Corporation, Rotex Automation Limited, Delphi Technologies, Davies Craig Pty Ltd.
What Geographic Markets Are Powering Growth in the Electric Coolant Pump Market?
Asia-Pacific was the largest region in the electric coolant pump market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the electric coolant pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16404
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Growing Demand For Electric Cars Fueling The Electric Coolant Pump Market Growth: The Driving Engine Behind Electric Coolant Pump Market Evolution in 2025 here
News-ID: 4134457 • Views: …
More Releases from The Business Research Company
Graphene Electronics: A Leading Driver Behind Rising Demand For Electric Vehicle …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Graphene Electronics Industry Market Size Be by 2025?
In recent times, the market size for graphene electronics has witnessed unprecedented expansion. Specifically, it is projected to expand from $1.36 billion in 2024 to $1.8 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 33.0%.…
Innovative High-Strength Cohesive Silicone Gel Breast Implants Industry Trends G …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Gel Implants Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size for gel implants has seen robust growth. The expansion is projected to be from $1.32 billion in 2024 to $1.4 billion in 2025, indicating a compound annual growth rate…
Electrosurgical Smoke Evacuation Systems Market Poised to Hit $2.41 Billion by 2 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Electrosurgical Smoke Evacuation Systems Market Size Growth Forecast: What to Expect by 2025?
In recent times, the electrosurgical smoke evacuation systems market has shown consistent growth. The market is projected to expand from $1.95 billion in 2024 to $2.04 billion in 2025, with a compound annual growth rate (CAGR)…
Gonadotropin-Releasing Hormone (GnRH) Agonist Market Growth Accelerates: Strateg …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Gonadotropin-Releasing Hormone (GnRH) Agonist Industry Market Size Be by 2025?
The market size of the gonadotropin-releasing hormone (GnRH) agonist has been experiencing consistent growth in the last few years. It's projected to escalate from $4.1 billion in 2024 to $4.23 billion in 2025, with a compound…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
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…
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…
