Reports

Global Automotive Electric Water Pump Market Size, Forecast: By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Electric Vehicles; By Pump Type: 12V, 24V; By Application: Engine, Turbocharger, Battery, Others; By Sales Channel: OEMs, Aftermarket; Regional Analysis; Competitive Landscape; 2024-2032

Global Automotive Electric Water Pump Market Outlook

The global automotive electric water pump market attained a value of over USD 3.1 billion in 2021. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 14.27% to reach more than USD 6.9 billion by 2027.

Global Automotive Electric Water Pump Market

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The Asia Pacific Region to Represent a Significant Share of the Automotive Electric Water Pump Industry

The Asia Pacific region accounts for a significant share of the automotive electric water pump industry owing to the rising demand for passenger cars. The market growth can also be attributed to the growing disposable incomes and the emergence of the middle-class population in developing countries like India and China, among others. As consumers are increasingly preferring passenger cars that optimise fuel usage, the deployment of automotive electric water pumps to prevent excessive use of fuels is growing, hence bolstering the industry growth.

Moreover, the introduction of various stringent government initiatives for emission controls from automobiles is propelling the market for automotive electric water pumps. With the emerging trend of green transportation, the demand for automotive electric water pumps is expected to grow and bolster the industry growth in the forecast period.

Automotive Electric Water Pump: Market Segmentation

An automotive electric water pump is a pump that transports coolant from the radiator to all the essential components of the powertrain. It is typically activated by battery and motor to manage volume flow required by engines. The pump operates by forcing coolant into the engine and absorbing the heat it generates. The hot coolant is then cooled and recirculated back into the engine through the radiator.

Global Automotive Electric Water Pump Market by Segment

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The major vehicle types of automotive electric water pump are:

Passenger Cars
Light Commercial Vehicles
Electric Vehicles

By pump types, the market can be classified into:

The market can be broadly categorised on the basis of its applications into:

Engine
Turbocharger
Battery
Others

On the basis of sales channel, the market can be bifurcated into:

OEMs
Aftermarket

The EMR report looks into the regional markets of automotive electric water pump like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Automotive Electric Water Pump Market by Region

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Growing Demand for Fuel-Efficient Vehicles to Augment the Growth of the Automotive Electric Water Pump Industry

The increasing demand for automotive electric water pumps to reduce the fuel-efficiency and horsepower of automobiles is propelling the market growth. As automotive electric water pumps allow the manufacturer to control the amount of coolant that flows through the engine at different temperatures, it enhances the cooling requirements and efficiency of engines, hence driving the growth of the market. The growing preference for low-toxic and environment-friendly products and the increasing accessibility of sustainable vehicles are bolstering the growth of the automotive electric water pump industry.

With the integration of new technologies in the automotive sector, the development of innovative automotive electric water pumps is increasing. Moreover, such water pumps are durable and have excellent wear and tear properties, which is anticipated to augment the market growth in the forecast period.

Key Industry Players in the Global Automotive Electric Water Pump Market

The report presents a detailed analysis of the following key players in the global automotive electric water pump market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

Schaeffler Technologies AG & Co. KG
Continental AG
Robert Bosch GmbH
Rheinmetall Automotive AG
Gates Corporation
BLDC Pump Co., Ltd.
Davies, Craig Pty Ltd
Valeo SA
Behr Hella Service GmbH
Hanon Systems
Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES	DETAILS
Base Year	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Scope of the Report	Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Vehicle Type, Pump Type, Application, Sales Channel, Region
Breakup by Vehicle Type	Passenger Cars, Light Commercial Vehicles, Electric Vehicles
Breakup by Pump Type	12V, 24V
Breakup by Application	Engine, Turbocharger, Battery, Others
Breakup by Sales Channel	OEMs, Aftermarket
Breakup by Region	North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics	SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape	Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered	Schaeffler Technologies AG & Co. KG, Continental AG, Robert Bosch GmbH, Rheinmetall Automotive AG, Gates Corporation, BLDC Pump Co., Ltd., Davies, Craig Pty Ltd, Valeo SA, Behr Hella Service GmbH, Hanon Systems, Others
Report Price and Purchase Option	Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format	Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1   Preface
2   Report Coverage – Key Segmentation and Scope
3   Report Description
   3.1   Market Definition and Outlook
   3.2   Properties and Applications
   3.3   Market Analysis
   3.4   Key Players
4   Key Assumptions
5   Executive Summary
   5.1   Overview
   5.2   Key Drivers
   5.3   Key Developments
   5.4   Competitive Structure
   5.5   Key Industrial Trends
6   Snapshot
   6.1   Global
   6.2   Regional
7   Opportunities and Challenges in the Market
8   Global Automotive Electric Water Pump Market Analysis
   8.1   Key Industry Highlights
   8.2   Global Automotive Electric Water Pump Historical Market (2018-2023)
   8.3   Global Automotive Electric Water Pump Market Forecast (2024-2032)
   8.4   Global Automotive Electric Water Pump Market by Vehicle Type
       8.4.1   Passenger Cars
           8.4.1.1 Historical Trend (2018-2023)
           8.4.1.2 Forecast Trend (2024-2032)
       8.4.2   Light Commercial Vehicles
           8.4.2.1 Historical Trend (2018-2023)
           8.4.2.2 Forecast Trend (2024-2032)
       8.4.3   Electric Vehicles
           8.4.3.1 Historical Trend (2018-2023)
           8.4.3.2 Forecast Trend (2024-2032)
   8.5   Global Automotive Electric Water Pump Market by Pump Type
       8.5.1   12V
           8.5.1.1 Historical Trend (2018-2023)
           8.5.1.2 Forecast Trend (2024-2032)
       8.5.2   24V
           8.5.2.1 Historical Trend (2018-2023)
           8.5.2.2 Forecast Trend (2024-2032)
   8.6   Global Automotive Electric Water Pump Market by Application
       8.6.1   Engine
           8.6.1.1 Historical Trend (2018-2023)
           8.6.1.2 Forecast Trend (2024-2032)
       8.6.2   Turbocharger
           8.6.2.1 Historical Trend (2018-2023)
           8.6.2.2 Forecast Trend (2024-2032)
       8.6.3   Battery
           8.6.3.1 Historical Trend (2018-2023)
           8.6.3.2 Forecast Trend (2024-2032)
       8.6.4   Others
   8.7   Global Automotive Electric Water Pump Market by Sales Channel
       8.7.1   OEMs
           8.7.1.1 Historical Trend (2018-2023)
           8.7.1.2 Forecast Trend (2024-2032)
       8.7.2   Aftermarket
           8.7.2.1 Historical Trend (2018-2023)
           8.7.2.2 Forecast Trend (2024-2032)
   8.8   Global Automotive Electric Water Pump Market by Region
       8.8.1   North America
           8.8.1.1 Historical Trend (2018-2023)
           8.8.1.2 Forecast Trend (2024-2032)
       8.8.2   Europe
           8.8.2.1 Historical Trend (2018-2023)
           8.8.2.2 Forecast Trend (2024-2032)
       8.8.3   Asia Pacific
           8.8.3.1 Historical Trend (2018-2023)
           8.8.3.2 Forecast Trend (2024-2032)
       8.8.4   Latin America
           8.8.4.1 Historical Trend (2018-2023)
           8.8.4.2 Forecast Trend (2024-2032)
       8.8.5   Middle East and Africa
           8.8.5.1 Historical Trend (2018-2023)
           8.8.5.2 Forecast Trend (2024-2032)
9   North America Automotive Electric Water Pump Market Analysis
   9.1   United States of America
       9.1.1 Historical Trend (2018-2023)
       9.1.2 Forecast Trend (2024-2032)
   9.2   Canada
       9.2.1 Historical Trend (2018-2023)
       9.2.2 Forecast Trend (2024-2032)
10   Europe Automotive Electric Water Pump Market Analysis
   10.1   United Kingdom
       10.1.1 Historical Trend (2018-2023)
       10.1.2 Forecast Trend (2024-2032)
   10.2   Germany
       10.2.1 Historical Trend (2018-2023)
       10.2.2 Forecast Trend (2024-2032)
   10.3   France
       10.3.1 Historical Trend (2018-2023)
       10.3.2 Forecast Trend (2024-2032)
   10.4   Italy
       10.4.1 Historical Trend (2018-2023)
       10.4.2 Forecast Trend (2024-2032)
   10.5   Others
11   Asia Pacific Automotive Electric Water Pump Market Analysis
   11.1   China
       11.1.1 Historical Trend (2018-2023)
       11.1.2 Forecast Trend (2024-2032)
   11.2   Japan
       11.2.1 Historical Trend (2018-2023)
       11.2.2 Forecast Trend (2024-2032)
   11.3   India
       11.3.1 Historical Trend (2018-2023)
       11.3.2 Forecast Trend (2024-2032)
   11.4   ASEAN
       11.4.1 Historical Trend (2018-2023)
       11.4.2 Forecast Trend (2024-2032)
   11.5   Australia
       11.5.1 Historical Trend (2018-2023)
       11.5.2 Forecast Trend (2024-2032)
   11.6   Others
12   Latin America Automotive Electric Water Pump Market Analysis
   12.1   Brazil
       12.1.1 Historical Trend (2018-2023)
       12.1.2 Forecast Trend (2024-2032)
   12.2   Argentina
       12.2.1 Historical Trend (2018-2023)
       12.2.2 Forecast Trend (2024-2032)
   12.3   Mexico
       12.3.1 Historical Trend (2018-2023)
       12.3.2 Forecast Trend (2024-2032)
   12.4   Others
13   Middle East and Africa Automotive Electric Water Pump Market Analysis
   13.1   Saudi Arabia
       13.1.1 Historical Trend (2018-2023)
       13.1.2 Forecast Trend (2024-2032)
   13.2   United Arab Emirates
       13.2.1 Historical Trend (2018-2023)
       13.2.2 Forecast Trend (2024-2032)
   13.3   Nigeria
       13.3.1 Historical Trend (2018-2023)
       13.3.2 Forecast Trend (2024-2032)
   13.4   South Africa
       13.4.1 Historical Trend (2018-2023)
       13.4.2 Forecast Trend (2024-2032)
   13.5   Others
14   Market Dynamics
   14.1   SWOT Analysis
       14.1.1   Strengths
       14.1.2   Weaknesses
       14.1.3   Opportunities
       14.1.4   Threats
   14.2   Porter’s Five Forces Analysis
       14.2.1   Supplier’s Power
       14.2.2   Buyer’s Power
       14.2.3   Threat of New Entrants
       14.2.4   Degree of Rivalry
       14.2.5   Threat of Substitutes
   14.3   Key Indicators for Demand
   14.4   Key Indicators for Price
15   Value Chain Analysis
16   Competitive Landscape
   16.1   Market Structure
   16.2   Company Profiles
       16.2.1   Schaeffler Technologies AG & Co. KG
           16.2.1.1   Company Overview
           16.2.1.2   Product Portfolio
           16.2.1.3   Demographic Reach and Achievements
           16.2.1.4   Certifications
       16.2.2   Continental AG
           16.2.2.1   Company Overview
           16.2.2.2   Product Portfolio
           16.2.2.3   Demographic Reach and Achievements
           16.2.2.4   Certifications
       16.2.3   Robert Bosch GmbH
           16.2.3.1   Company Overview
           16.2.3.2   Product Portfolio
           16.2.3.3   Demographic Reach and Achievements
           16.2.3.4   Certifications
       16.2.4   Rheinmetall Automotive AG
           16.2.4.1   Company Overview
           16.2.4.2   Product Portfolio
           16.2.4.3   Demographic Reach and Achievements
           16.2.4.4   Certifications
       16.2.5   Gates Corporation
           16.2.5.1   Company Overview
           16.2.5.2   Product Portfolio
           16.2.5.3   Demographic Reach and Achievements
           16.2.5.4   Certifications
       16.2.6   BLDC Pump Co., Ltd.
           16.2.6.1   Company Overview
           16.2.6.2   Product Portfolio
           16.2.6.3   Demographic Reach and Achievements
           16.2.6.4   Certifications
       16.2.7   Davies, Craig Pty Ltd
           16.2.7.1   Company Overview
           16.2.7.2   Product Portfolio
           16.2.7.3   Demographic Reach and Achievements
           16.2.7.4   Certifications
       16.2.8   Valeo SA
           16.2.8.1   Company Overview
           16.2.8.2   Product Portfolio
           16.2.8.3   Demographic Reach and Achievements
           16.2.8.4   Certifications
       16.2.9   Behr Hella Service GmbH
           16.2.9.1   Company Overview
           16.2.9.2   Product Portfolio
           16.2.9.3   Demographic Reach and Achievements
           16.2.9.4   Certifications
       16.2.10   Hanon Systems
           16.2.10.1   Company Overview
           16.2.10.2   Product Portfolio
           16.2.10.3   Demographic Reach and Achievements
           16.2.10.4   Certifications
       16.2.11 Others
17   Key Trends and Developments in the Market

List of Key Figures and Tables

1.   Global Automotive Electric Water Pump Market: Key Industry Highlights, 2018 and 2032
2.   Global Automotive Electric Water Pump Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
3.   Global Automotive Electric Water Pump Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
4.   Global Automotive Electric Water Pump Historical Market: Breakup by Pump Type (USD Billion), 2018-2023
5.   Global Automotive Electric Water Pump Market Forecast: Breakup by Pump Type (USD Billion), 2024-2032
6.   Global Automotive Electric Water Pump Historical Market: Breakup by Application (USD Billion), 2018-2023
7.   Global Automotive Electric Water Pump Market Forecast: Breakup by Application (USD Billion), 2024-2032
8.   Global Automotive Electric Water Pump Historical Market: Breakup by Sales Channel (USD Billion), 2018-2023
9.   Global Automotive Electric Water Pump Market Forecast: Breakup by Sales Channel (USD Billion), 2024-2032
10.   Global Automotive Electric Water Pump Historical Market: Breakup by Region (USD Billion), 2018-2023
11.   Global Automotive Electric Water Pump Market Forecast: Breakup by Region (USD Billion), 2024-2032
12.   North America Automotive Electric Water Pump Historical Market: Breakup by Country (USD Billion), 2018-2023
13.   North America Automotive Electric Water Pump Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.   Europe Automotive Electric Water Pump Historical Market: Breakup by Country (USD Billion), 2018-2023
15.   Europe Automotive Electric Water Pump Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.   Asia Pacific Automotive Electric Water Pump Historical Market: Breakup by Country (USD Billion), 2018-2023
17.   Asia Pacific Automotive Electric Water Pump Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.   Latin America Automotive Electric Water Pump Historical Market: Breakup by Country (USD Billion), 2018-2023
19.   Latin America Automotive Electric Water Pump Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.   Middle East and Africa Automotive Electric Water Pump Historical Market: Breakup by Country (USD Billion), 2018-2023
21.   Middle East and Africa Automotive Electric Water Pump Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.   Global Automotive Electric Water Pump Market Structure

Key Questions Answered in the Report

What was the global automotive electric water pump market size in 2021?

In 2021, the global automotive electric water pump market attained a value of more than USD 3.1 billion.

What is the growth rate of the market?

The market is estimated to grow at a CAGR of 14.27% between 2024 and 2032.

What is the forecast outlook of the market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach over USD 6.9 billion by 2027.

What are the major regional markets of the automotive electric water pump, according to the EMR report?

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

What are the major industry drivers?

The major drivers of the market include the rising application of automotive electric water pumps in the automotive industry, coupled with the increasing demand for commercial and passenger vehicles.

What are the key industry trends of the global automotive electric water pump market?

The increasing preference towards environment-friendly automotive equipment with minimal toxicity is expected to be a key trend guiding the growth of the industry.

What are the major vehicle types in the market?

The major vehicle types in the market are passenger cars, light commercial vehicles, and electric vehicles.

What are the different pump types in the market?

The different pump types in the market are 12V and 24V.

What are the different applications of the automotive electric water pump?

The different applications of automotive electric water pump are engine, turbocharger, and battery, among others.

What are the significant sales channel?

The significant sales channel are OEMs and aftermarket.

Who are the key industry players, according to the report?

The major players in the industry are Schaeffler Technologies AG & Co. KG, Continental AG, Robert Bosch GmbH, Rheinmetall Automotive AG, Gates Corporation, BLDC Pump Co., Ltd., Davies, Craig Pty Ltd, Valeo SA, Behr Hella Service GmbH, and Hanon Systems, among others.

Analyst Review

The global automotive electric water pump market attained a value of more than USD 3.1 billion in 2021, driven by the rising application of automotive electric water pump in various automotive equipment including engine, turbocharger, and battery, among others. Aided by the technological advancements in the automotive industry, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 14.27%. The market is projected to reach over USD 6.9 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on vehicle type, the market is divided into passenger cars, light commercial vehicles, and electric vehicles. On the basis of pump type, the market is bifurcated into 12V and 24V. Based on application, the market is segregated into engine, turbocharger, and battery, among others. By sales channel, the market has been segmented into OEMs and aftermarket. The major regional markets for automotive electric water pump are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Schaeffler Technologies AG & Co. KG, Continental AG, Robert Bosch GmbH, Rheinmetall Automotive AG, Gates Corporation, BLDC Pump Co., Ltd., Davies, Craig Pty Ltd, Valeo SA, Behr Hella Service GmbH, and Hanon Systems, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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