Electric water pump is activated by battery and motor only on demand for cooling. The just function minimizes the load on engine.
Electric water pumps are a part of a growing number of newer vehicles where higher efficiency engines are demanded. Aside from providing standard engine cooling, they reduce engine load and can be controlled by sensors to provide the necessary amount of coolant at any time. Some new vehicles even use up to three pumps for various systems, including cabin heating, turbocharger and battery system cooling.
Europe and USA are the two largest production regions, in 2017, Europe is the largest production region, it occupies about 60%, North America is the second largest production region, it occupies about 24.6% market share; The Electric Water Pumps industry is relative concentrated industry, the largest five manufactures occupy about 89% market share.
The largest consumption regions are Europe and USA, the Europe occupies about 36.5% market share and the North America occupies about 31.52% market share in 2017; the consumption regions are relative dispersion.
The Electric Water Pumps\' production is mainly concentrated in the Europe and North America; the developing countries\' consumption mainly depends on import market.
In the future, the technology of Electric Water Pumps will be more and more mature, and the application regions will expand, it will have larger market share in the automotive battery. The future price will have great relationship with the power and frequency. China will be a potential market.
The report offers detailed coverage of Electric Water Pumps industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Electric Water Pumps by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Electric Water Pumps market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Electric Water Pumps market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Bosch
Aisin
Continental
KSPG
Gates
At the same time, we classify Electric Water Pumps according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
12V EWP
24V EWP
Market by Application
Engine
Turbocharger
Battery
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Electric Water Pumps market for the forecast period 2021 - 2025?
• What are the driving forces in the Electric Water Pumps market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Electric Water Pumps industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?