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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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