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Report overview
The global Electric Water Pump for Electric Vehicles market was valued at US$ 683.7 million in 2022 and is projected to reach US$ 912.6 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Electric Water Pump for Electric Vehicles market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Electric Water Pump for Electric Vehicles market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Electric Water Pump for Electric Vehicles market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
An electric water pump is powered by the vehicle?s electrical system. There can be up to two or three water pumps in an EV. The ECU turns them on only when their circuit needs cooling. That way, the system has more targeted cooling, which helps reduce the load on the battery. Additionally, some vehicles also have a water pump just to provide cabin heat.
This report aims to provide a comprehensive presentation of the global market for Electric Water Pump for Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Water Pump for Electric Vehicles. This report contains market size and forecasts of Electric Water Pump for Electric Vehicles in global, including the following market information:
Bosch, and Continental are the top 2 companies in global electric water pump for electric vehicles market and account for about 20% of total market share. Geographically speaking, Europe holds about 50% of global market share, followed by Asia-Pacific with over 40% share. In terms of voltage, 12V electric water pump segment holds an important share of nearly 60%. In terms of application, BEVs segment accounts for about 70% of the global share.
We surveyed the Electric Water Pump for Electric Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Water Pump for Electric Vehicles Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Electric Water Pump for Electric Vehicles Market Segment Percentages, by Type, 2022 (%)
Global Electric Water Pump for Electric Vehicles Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Electric Water Pump for Electric Vehicles Market Segment Percentages, by Application, 2022 (%)
Global Electric Water Pump for Electric Vehicles Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Electric Water Pump for Electric Vehicles Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
key players include:
Outline of Major Chapters: