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Bosch and Continental AG hold a market share of over 8% in the automotive electric coolant valve industry. Owing to their established leadership in the automotive components sector, extensive experience in thermal management technologies, and a strong emphasis on innovation and sustainability, Bosch and Continental AG hold a substantial share of the automotive electric coolant valve market. As prominent global suppliers of advanced automotive technologies, both companies offer thermal management solutions that enhance fuel efficiency, control emissions, and improve vehicle performance, thereby driving the demand for electric coolant valves.
Valeo and ZF Friedrichshafen AG are progressively expanding their shares in the automotive electric coolant valve market. They achieve this by leveraging their extensive expertise in automotive technology, a strong commitment to sustainability, and continuous innovation in thermal management solutions. Both companies are at the forefront of advancements in vehicle electrification, fuel efficiency, and emissions reduction, which are crucial drivers for the increasing demand for electric coolant valves.
Major players operating in the automotive electric coolant valve industry include:
Key players include Aisin Seiki, Bosch, Continental, Cummins, Denso, Hanon Systems, Hitachi, Mahle GmbH, Parker-Hannifin, and PV Clean Mobility Technologies.
The Asia Pacific market accounted for 40% of the revenue share in 2024, driven by the region's position as the largest automotive market and rapid adoption of EVs.
The 12V segment held around 72% market share in 2024, primarily due to its extensive use in conventional ICE vehicles and cost-effectiveness.
The market size of automotive electric coolant valve reached USD 1.4 billion in 2024 and is set to grow at an 8% CAGR from 2025 to 2034, driven by advancements in automotive thermal management.