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Automotive Electric Water Pump for Engine Cooling Market Share

Report ID: GMI12543
Published Date: Dec 2024
Report Format: PDF

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Automotive Electric Water Pump for Engine Cooling Market Share

Automotive Electric Water Pump for Engine Cooling Company Market, 2024

Continental and Aisin Seiki hold a market share of over 10% in the automotive electric water pump for engine cooling market. Continental focuses on developing electric water pumps that improve thermal management and energy efficiency. By adding smart control systems and IoT diagnostics, the company meets the demand for advanced cooling in EVs and hybrids. Additionally, working closely with car manufacturers, the company creates custom electric water pumps for specific vehicles. This helps the company to grow in the market and provide solutions for high-performance, low-emission vehicles.

Aisin Seiki is focusing its R&D on electric water pumps for electric and hybrid vehicles. By designing lightweight, compact, and efficient pumps, the company supports the growing global EV market. Using its large distribution network, the company is also is expanding into emerging markets in Asia and South America. With local production and cost-effective solutions, Aisin meets the increasing automotive demand in these regions.

Automotive Electric Water Pump for Engine Cooling Market Companies

Major players operating in the automotive electric water pump for engine cooling industry include:

Aisin Seiki
BLDC Pump
Bosch
Carter Fuel Systems
Continental
Gates
GMB
Rheinmetall
Schaeffler
Valeo

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive electric water pump for engine cooling was valued at USD 2.4 billion in 2024 and is set to grow at a 10.3% CAGR from 2025 to 2034, driven by the increased demand for fuel-efficient vehicles.

The natural gas segment held a market share of around 71% in 2024, propelled by rising consumer preferences for quieter, more efficient passenger cars with advanced features.

In 2024, the Asia Pacific region accounted for 40% of the market revenue, led by China and India, as the largest automotive manufacturing hub.

The key players in the industry include Aisin Seiki, BLDC Pump, Bosch, Carter Fuel Systems, Continental, Gates, GMB, Rheinmetall, Schaeffler, and Valeo.