Press release
Electric Vehicle Electronic Water Pumps Market Strong Growth Ahead with 18.3% CAGR by 2031 | Bosch, GMB, Continental
Electric Vehicle Electronic Water Pumps Market
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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Water pumps are mainly used in the main cooling system of internal combustion engines, turbocharger cooling circuits and intake intercooling systems, and are also used in the drive system and power battery thermal management system of new energy vehicles. The water pumps in electric vehicles are generally electronic water pumps (also known as "electric water pumps"), which are mainly used for circulating cooling of drive motors, electric components, power batteries, etc.
Compared with mechanical water pumps used in thermal management of traditional fuel vehicles, the core components of the thermal management system of new energy vehicles represented by electronic water pumps are mainly used for circulating cooling of drive motors, electric components, power batteries, etc., and the usage and value of each vehicle have increased by 2-3 times. For new energy vehicles, electronic water pumps can also improve energy utilization efficiency, that is, the motor speed is flexibly adjusted according to the needs of the cooling system, and the circulation speed of the coolant is automatically adjusted under different operating conditions of the vehicle to avoid unnecessary energy consumption, which will increase the vehicle's cruising range to a certain extent.
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.
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.
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.
Featured Companies: -
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
Why This Report is a Must-Have -
> Historical Analysis (2020-2024) & Forecasts (2025-2031): Gain a clear understanding of market trends and future growth potential.
> Comprehensive Market Segmentation: Detailed breakdown by Type, Application, and Region to identify lucrative opportunities.
> Competitive Landscape: Insights into key players, their market share, and strategic developments like mergers, acquisitions, and expansion plans.
> Drivers & Restraints: Understand the factors shaping the market's growth and the challenges that could impact your strategy.
> Expert Opinions & Market Dynamics: Benefit from expert analysis to navigate market risks and capitalize on emerging trends.
Detailed of Electric Vehicle Electronic Water Pumps Market Segmentation: -
Segmentation By Type :-
12V Electric Water Pump
24V Electric Water Pump
Others
Segmentation By Application : -
Battery Electric Vehicles (BEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Others
Electric Vehicle Electronic Water Pumps Market Regional Insights -
United States
-Canada
-Mexico
-Brazil
APAC
-Japan
-South Korea
-China
-ASEAN
-India
EMEA
-Europe
-Middle East
-Africa
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What You'll Gain from This Report -
> In-Depth Regional Analysis: Explore market potential across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
> Competitive Intelligence: Profiles of key players, including their sales, revenue, product portfolios, and recent developments.
> Market Dynamics: Understand the latest trends, driving factors, and risks impacting the industry.
> Actionable Insights: Make informed business decisions with data-driven strategies and forecasts.
How Can the Research Study Help your Business?
(1) The information presented in the Electric Vehicle Electronic Water Pumps report helps your decision makers to become prudent and make the best business choices.
(2) The report enables you to see the future of the global Electric Vehicle Electronic Water Pumps market and accordingly take decisions that will be in the best interest of your business.
(3) It offers you a forward-looking perspective of the global Electric Vehicle Electronic Water Pumps market drivers and how you can secure significant market gains in the near future.
(4) It provides SWOT analysis of the global Electric Vehicle Electronic Water Pumps market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.
(5) It also assesses the changing competitive dynamics of the global Electric Vehicle Electronic Water Pumps market using pin-point evaluation.
This Electric Vehicle Electronic Water Pumps Market Research Report Contains Answers to your following Questions -
(A) Which Manufacturing Technology is Used for Electric Vehicle Electronic Water Pumps? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
(B) Who Are the Global Key Players in This Electric Vehicle Electronic Water Pumps Market? What's Their Company Profile, Their Product Information, and Contact Information?
(C) What Was Global Market Status of Electric Vehicle Electronic Water Pumps Market? What Was Capacity, Production Value, Cost and PROFIT of Electric Vehicle Electronic Water Pumps Market?
(D) What Is Current Market Status of Electric Vehicle Electronic Water Pumps Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Electric Vehicle Electronic Water Pumps Market by Taking Applications and Types in Consideration?
(E) What Are Projections of Global Electric Vehicle Electronic Water Pumps Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
(F) What Is Electric Vehicle Electronic Water Pumps Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
(G) What Is Economic Impact On Electric Vehicle Electronic Water Pumps Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
(H) What Are Market Dynamics of Electric Vehicle Electronic Water Pumps Market? What Are Challenges and Opportunities?
(I) What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Electric Vehicle Electronic Water Pumps Industry?
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Electric Vehicle Electronic Water Pumps manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Sales, revenue of Electric Vehicle Electronic Water Pumps in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
About Us:
QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.
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