Electric Vehicle Electronic Water Pumps Market Forecast: USD 6.76 Billion by 2031 with Strong 18.3% CAGR

QY Research has recently published a report, titled "Global Electric Vehicle Electronic Water Pumps Market Insights, Industry Share, Sales Projections, and Demand Outlook 2025 2031". The research report provides an in-depth explanation of the various factors that are likely to drive the market. It discusses the future of the market by studying the historical details. Analysts have studied the ever-changing market dynamics to evaluate their impact on the overall market. In addition, the report also discusses the segments present in the market. Primary and secondary research methodologies have been used to provide the readers with an accurate and precise understanding of the overall Electric Vehicle Electronic Water Pumps market. Analysts have also given readers an unbiased opinion about the direction companies will take during the forecast period.

The global Electric Vehicle Electronic Water Pumps market was valued at US$ 1951 million in 2024 and is anticipated to reach US$ 6756 million by 2031, witnessing a CAGR of 18.3% during the forecast period 2025-2031.

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From a product perspective, electronic water pumps have become the mainstream choice for new energy vehicles due to their long service life, small size, high precision, low energy consumption, high reliability, compact structure, and strong sealing. They are expected to replace the mechanical water pumps of traditional fuel vehicles in the future.

Electric water pumps are evolving from simple coolant circulators to intelligent, integrated components central to EV performance and sustainability. Future trends emphasize smart control, material innovation, and system integration, driven by demands for energy efficiency, reliability, and adaptability across diverse vehicle segments. As EVs scale globally, EWPs will play a pivotal role in enabling next-gen technologies like ultra-fast charging, autonomous driving, and zero-emission mobility.

Key Players Mentioned in the Global Electric Vehicle Electronic Water Pumps Market Research Report:

Bosch
GMB
Continental
Valeo
Hanon Systems
Aisin
Rheinmetall Automotive
Gates
MAHLE
Buehler Motor
FinDreams (BYD)
VISU
SANHUA Automotive
Feilong Auto Components
Tuopu Group
Huahui Enterprise
Jiangsu Leili Motor
Yinlun
Shenpeng Electronics
Southeast Electric
Fawer Automotive Parts
Johnson Electric
Xiang Oil Pump
Wuxi Huishan Pump

At present, major global main manufacturers of Electric Vehicle Electronic Water Pumps include Bosch, GMB, Continental, Valeo, Hanon Systems, Aisin, Rheinmetall Automotive, Gates, MAHLE, Buehler Motor, SANHUA Automotive, Feilong Auto Components, Jiangsu Leili Motor, Yinlun, etc. In 2024, the global three largest players have a share approximately 32% in terms of revenue. It is expected that industry competition will become more intense in the next few years, especially in the Chinese market.

Market Drivers and Restrains

This section of the Electric Vehicle Electronic Water Pumps report discusses various drivers and restrains that have shaped the global market. The detailed study of numerous drivers of the market enables readers to get a clear perspective of the market, which includes market environment, government policies, product innovations, breakthroughs, and market risks.

The research report also points out the myriad opportunities, challenges, and market barriers present in the global Electric Vehicle Electronic Water Pumps market. The comprehensive nature of the information will help the reader determine and plan strategies to benefit from. Restrains, challenges, and market barriers also help the reader to understand how the company can prevent itself from facing downfall.

Detailed of Electric Vehicle Electronic Water Pumps Market Segmentation: -

Segment by Type:

12V Electric Water Pump
24V Electric Water Pump
Others

Segment by Application:

Battery Electric Vehicles (BEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Others

In terms of product type and technology, the Electric Vehicle Electronic Water Pumps mainly include 12V Electric Water Pump, 24V Electric Water Pump, and Others. 12V Electric Water Pump is a relatively popular and widely used for Electric Vehicles, 12V Electric Water Pump accounting for 58.11% of the Electric Vehicle Electronic Water Pumps global market in 2024. The Electric Vehicle Electronic Water Pumps market will bifurcate into low-voltage (12V/24V) for niche/auxiliary uses and high-voltage systems for mainstream EVs, with innovation focused on smart controls, material science, and integration with next-gen thermal management architectures. Suppliers like Bosch, Rheinmetall, and Nidec will lead in developing voltage-agnostic, modular solutions to cater to diverse global markets.

From the perspective of product market applications, Electric Vehicle Electronic Water Pumps mainly include BEV. In 2024, BEV accounted for 69.44% of the total market, Battery Electric Vehicles (BEVs) segment is altered to a 22.16% CAGR throughout this forecast period and will hold a share about 77.27% in 2028. The Electric Vehicle Electronic Water Pumps market will bifurcate, with BEVs driving cutting-edge advancements (high-voltage, smart systems) and PHEVs sustaining demand for hybrid-optimized pumps. Sustainability, connectivity, and regional regulatory shifts will shape both segments, but BEVs will lead long-term growth as global electrification accelerates.

Regional Analysis -

The global Electric Vehicle Electronic Water Pumps market is extensively analyzed on the basis of geography, where important regions and countries are deeply studied to understand their current and future market growth. The report provides market shares, consumption, production, revenue, and other estimations of regional markets. This helps players to target lucrative areas of the global Electric Vehicle Electronic Water Pumps market and expand their market presence across the world.

North America
United States
Canada

Europe

Germany
France
U.K.
Italy
Russia

Asia-Pacific

China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia

Latin America

Mexico
Brazil
Argentina
Colombia

Middle East & Africa

Turkey
Saudi Arabia
UAE

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Key Takeaways of the Study: -

(1) In-depth evaluation of regulatory landscape, import and export statistics, and supply and demand gaps in important regional markets

(2) Market entropy

(3) Accurate detailing of new product launches, partnerships, deals, mergers and acquisitions, and other factors that define the position and growth of leading companies operating in the global Electric Vehicle Electronic Water Pumps market

(4) Deep assessment of industry supply chain with high focus on service and product augmentation that could increase value marketing essay

(5) Powerful analysis of the global Electric Vehicle Electronic Water Pumps market to bring efficiency in your business, optimize costs, and plan effective business strategies

(6) Strong analysis of sales and distribution channels to help improve your revenues

(7) Detailed assessment of competitor performance, taking into consideration SWOT analysis, product benchmarking, financial benchmarking, market strategies, and market shares

(8) Analyzing market potential of regional, product, and application segments using value and volume data and CAGR

Important Questions Answered included in the Report:

(1) What is the market size and growth rate of the global and regional market by various segments?

(2) What is the market size and growth rate of the market for selective Countries?

(3) Which region or sub-segment is expected to drive the market in the forecast period?

(4) What factors are estimated to drive and restrain the market growth?

(5) What are the key technology and market trends shaping the market?

(6) what are the key opportunity in the market?

(7) Who are the leading manufacturers operating in the global Electric Vehicle Electronic Water Pumps market?

(8) Which key player accounted for the highest market share?

(9) What are the growth opportunities for the new entrants in the global Electric Vehicle Electronic Water Pumps market?

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