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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.
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.