Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Electric Coolant Pump Market Size

The global market for electric coolant pump is expected to grow in the forecast period of 2024-2032 at a CAGR of 14.1%. Improvements in the automotive electric pump system are one of the key factors driving the global market growth in the passenger car sector.

 

Global Electric Coolant Pump Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 14.1%
CAGR 2024-2032 - Market by Region Asia Pacific 18.2%
CAGR 2024-2032 - Market by Country India 20.9%
CAGR 2024-2032 - Market by Country Saudi Arabia 16.0%
CAGR 2024-2032 - Market by Type Hybrid and Electric Powertrain 15.8%
Market Share by Country 2023 Canada 2.4%

 

Electric Coolant Pump Market Report Snapshots

Electric Coolant Pump Market Size

Electric Coolant Pump Market Growth

Electric Coolant Pump Market Trends

Electric Coolant Pump Companies

Electric Coolant Pump Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 14.1% between 2023 and 2032.

The major drivers of the global electric coolant pump market include rising urbanisation and industrialisation, fast-changing innovations, and the dynamic automotive industry.

Mechanical parts being replaced by electronic components due to ongoing advancements in technology in the automotive industry are the key trends propelling the growth of the market.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Hybrid and electric powertrain, and ICE powertrain are the two dominant powertrain types of electric coolant pump in the  global electric coolant pump market.

The major players in the market are MAHLE GmbH, Johnson Electric Holdings Limited , Robert Bosch GmbH, VOVYO Technology Co., Ltd, Rheinmetall AG, Hanon Systems, Continental AG, Aisin Seiki Co. Ltd., Others.

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