Electric Water Pumps Market Projected to Reach 1200 Million US$ by 2025, at a CAGR of 7.9%
The Electric Water Pumps market was valued at 650 Million US$ in 2017 and is projected to reach 1200 Million US$ by 2025, at a CAGR of 7.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Water Pumps.
Los Angeles, CA -- (SBWire) -- 10/04/2018 --This study focuses on the production side and consumption side of Electric Water Pumps, presents the global Electric Water Pumps market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Electric Water Pumps capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Electric Water Pumps by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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.
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This report includes the following manufacturers; we can also add the other companies as you want.
Bosch
Aisin
Continental
KSPG
Gates
Market Segment by Product Type
12V EWP
24V EWP
Market Segment by Application
Engine
Turbocharger
Battery
Others
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