Automotive Electric Water Pump for Engine Cooling Market Size - By Voltage, By Propulsion, By Vehicle, By Sales Channel, Growth Forecast, 2025 – 2034
Report ID: GMI12543
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Published Date: December 2024
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Report Format: PDF
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Premium Report Details
Base Year: 2024
Companies covered: 20
Tables & Figures: 200
Countries covered: 21
Pages: 175
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Automotive Electric Water Pump for Engine Cooling Market Size
The global automotive electric water pump for engine cooling market size was valued at USD 2.4 billion in 2024 and is estimated to register a CAGR of 10.3% between 2025 and 2034. The growth of the market can be attributed to the increased demand for fuel-efficient vehicles. Governments and consumers are focusing on energy efficiency to save on fuel costs and reduce environmental impact.
Electric water pumps are replacing traditional mechanical pumps that run continuously. Instead, they work only when needed, cutting down on unnecessary energy use and fuel consumption. This efficient cooling method supports the global move towards more sustainable vehicles, increasing their use in both conventional and hybrid powertrains.
The increasing demand for high-performance and luxury vehicles is further expected to drive the growth of the market. According to statista, The global sales of luxury passenger cars are expected to grow from 207.2 thousand units in 2024 to 386.15 thousand units in 2029. High-performance and luxury vehicles require precise temperature control to maintain optimal performance. Electric water pumps can adjust flow rates dynamically, ensure engines and other components remain within safe operating temperatures even during extreme conditions. The rising popularity of performance and luxury vehicles in both established and emerging markets further drives this demand.
Additionally, stringent regulations such as Euro 6/7, U.S. CAFE standards, and India's Bharat Stage VI are pushing car manufacturers to use advanced technologies for better fuel efficiency and lower emissions. Electric water pumps help engines run more efficiently by controlling temperature precisely and reducing engine workload. This helps carmakers meet strict regulations and encourages the use of these pumps in more vehicle types.
Automotive Electric Water Pump for Engine Cooling Market Trends
The global trend of downsizing engines while keeping high power has increased to a proliferation of turbocharged engines. These smaller engines generate more heat than naturally aspirated ones, requiring advanced cooling solutions. Electric water pumps efficiently handle these higher cooling demands of these engines by operating at variable speeds, providing tailored thermal regulation under different conditions.
Electric water pump manufacturers are expanding their aftermarket portfolio. For instance, in March 2024, Schaeffler expanded its aftermarket portfolio with electric auxiliary water pumps under its INA brand. These pumps are essential for managing the temperature of modern combustion engines, hybrids, and electric vehicles. Schaeffler's Automotive Aftermarket division offers these pumps, meeting high OEM standards. This solution covers over 50 million vehicles from various well-known manufacturers, benefiting owners of combustion engines, hybrids, and electric vehicles.
Additionally, manufacturers are focusing on developing advanced electric water pumps that are lightweight, durable, and energy efficient. Innovations such as brushless motors, integrated control systems, and compact designs enhance overall vehicle efficiency while offering superior cooling performance. These advancements have accelerated the adoption of electric water pumps across various automotive applications.
Electric water pumps cost more than traditional mechanical pumps as it uses advanced parts such as high-performance motors, control systems, and electronic circuits. These costs increase due to specialized manufacturing and testing. Integrating these pumps into existing vehicles requires changes to engine design and software, raising development costs. This is a significant issue for automakers and markets with tight budgets, limiting adoption in regions that prefer affordable options over advanced technology.
Automotive Electric Water Pump for Engine Cooling Market Analysis
Based on vehicle, the market is divided into passenger cars and commercial vehicles. In 2024, passenger cars segment held a market share of over 65% and is expected to cross USD 3.5 billion by 2034. As emission regulations become stricter worldwide, automakers are using advanced cooling solutions such as electric water pumps in internal combustion engine (ICE) vehicles. These pumps help manage heat, reduce engine stress, improve fuel efficiency, and lower emissions to meet environmental standards.
In areas where electric vehicle (EV) adoption is slower, ICE vehicles are still prevalent. This drives the need for efficient solutions, leading to the use of electric water pumps for better performance and efficiency.
Based on propulsion, the automotive electric water pump for engine cooling market is categorized into propulsion including ICE and electric. The natural gas segment held a market share of around 71% in 2024. The rising consumer preferences for quieter, more efficient passenger cars with advanced features drive the adoption of electric water pumps. These pumps not only cool the engine better but also provide faster cabin heating, improving the driving experience.
Additionally, the growing production of passenger cars, especially in emerging markets, supports the use of electric water pumps as manufacturers aim to offer advanced and cost-effective solutions.
Asia Pacific automotive electric water pump for engine cooling market accounted for 40% of the revenue share in 2024. Asia Pacific, led by China and India, is the largest automotive manufacturing hub, driving demand for advanced engine cooling technologies. Manufacturers are increasingly integrating electric water pumps in both ICE vehicles and EVs to meet global standards.
Government policies in the region support EV adoption through subsidies and infrastructure development, creating a growing market for electric water pumps essential for EV thermal management. Additionally, as the world's largest EV producer, China is quickly adopting electric water pumps for efficient battery and engine cooling, driven by strong government incentives and consumer preferences.
North America’s automotive market is known for adopting cutting-edge technologies. The demand for electric water pumps is increasing as automakers integrate energy-efficient systems to attract environmentally conscious consumers. Strict emission norms in the region are pushing automakers to adopt electric water pumps to comply with regulations and improve fuel efficiency.
Europe's strict emission standards and goals for carbon neutrality are major drivers for the adoption of electric water pumps in both ICE and electric vehicles. These systems help manufacturers meet compliance targets. Additionally, Europe's rapid shift to electric vehicles, supported by strong government incentives and growing charging infrastructure, is driving significant demand for electric water pumps crucial for battery and thermal management systems.
Automotive Electric Water Pump for Engine Cooling Market Share
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:
Automotive Electric Water Pump for Engine Cooling Industry News
The automotive electric water pump for engine cooling market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Bn) and shipment (units) from 2021 to 2034, for the following segments:
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Market, By Voltage
Market, By Propulsion
Market, By Vehicle
Market, By Sales Channel
The above information is provided for the following regions and countries: