About Automotive Electric Water Pump
The automotive electric water pump is the major part of the vehicle which ensures high efficiency and regulates the temperature in the engines. It consists includes components like rotor, stator, shaft, shaft sleeve, impeller, pump body. Besides engine temperature controlling its also reduce the engine load and can be controlled by the sensors to provide the needed coolant at any time. The automatic electric water pump is driven by the voltage range of 12v, 24v or 48v DC motor.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd., (Japan), Continental AG (Germany), Rheinmetall Automotive (Germany), Gates Corporation (United States), Hitachi Automotive Systems Americas, Inc. (United States), Mitsubishi Electric Corporation (Japan), VOVYO Technology Co., Ltd (China) and BLDC Pump Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Automotive Electric Water Pump market by , Application (Engine Cooling, Battery Cooling, Turbocharger Cooling and Others) and Region.
On the basis of geography, the market of Automotive Electric Water Pump has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Rotor will boost the Automotive Electric Water Pump market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Automotive Electric Water Pump market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage Range, the sub-segment i.e. 12 V will boost the Automotive Electric Water Pump market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Technological Advancement in Automotive Electric Water Pump
Market Growth Drivers:
Growing Demand for Automobile Components for Complex Heating and Cooling Need and The Need for Economic Efficiency and Effectiveness
Challenges:
Stiff Competition in Automotive Electric Water Pump Market
Restraints:
Low Power as compared to Mechanical Water Pump and Handling and Maintenance Related Issues with Automotive Electric Water Pump
Opportunities:
Growing Production fo New Energy Vehicle Around the World and Rising Demand for Automotive Electric Water Pump from Developed Countries
Market Leaders and their expansionary development strategies
In November 2021, Gates, a leading global supplier of application-specific fluid power and power transmission solutions, is expanding its presence in hybrid and battery electric vehicle (BEV) applications with the launch of next-generation technology for electric water pumps (EWPs). Used in automobiles, light commercial, and heavy vehicles.
On 2nd April 2020, Japan's Mitsubishi Electric has announced that its Amsterdam-based subsidiary in Europe has acquired all shares in Swedish comfort, process and IT cooling and heat pump distributor, AQS Produkter AB.
Key Target Audience
Automotive Electric Water Pump Manufacturers, Automotive Electric Water Pump International Traders, Automotive Electric Water Pump Distributors and Suppliers, Research and Development institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.