Global Automotive Electric Water Pumps Market By Product Type (12V EWP, 24V EWP), By Application (EngineTurbocharger, Battery and Other Applications), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

  • TBI798235
  • September 16, 2021
  • Global
  • 145 pages
  • Market.US
                                          

Report updated on 11th September, 2021: Global Automotive Electric Water Pumps Market By Product Type (12V EWP, 24V EWP), By Application (EngineTurbocharger, Battery and Other Applications), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

Trusted Business Insights has published a comprehensive market research report on, Global Automotive Electric Water Pumps Market byProduct Type (12V EWP and 24V EWP), By Application (Engine, Turbocharger, Battery and Other Applications), and by Region -Global Forecast to 2030. It offers a holistic view of the Global Automotive Electric Water Pumps Market through systematic segmentation that covers every aspect of the target market. The Global Automotive Electric Water Pumps Market was valued at US$ 1036.6 Mn in 2020 and is expected to reach US$1960.4 Mn by 2030 at a CAGR of 6.6%. Electric water pumps operate on battery and motor power for cooling engines, which helps to minimize load on engines. Electric water pumps are part of a growing number of new generation vehicles, where demand for higher efficiency engines is on the rise. Apart from providing standard engine cooling, they reduce engine load and can be controlled by sensors to provide the necessary amount of coolant during operations. Certain new vehicles use up to three pumps for various systems including cabin heating, turbocharger and battery system cooling. Electric water pumps are essential for heavy engines, owing to their outstanding performance for cooling, as well as in aiding the smooth functioning of vehicles. A major segment of passenger cars is still dependent on mechanical water pumps, which are attached with the drive via a belt, whereas electric water pump controls the cooling of the engine electronically. Working of electric water pumps is not dependent on the rotation speed of the engine, i.e., it does not require direct supply from the engine to operate the pump. Majority of light-duty and passenger vehicles use an electric pump to cool its turbocharged air. Electric water pumps utilize only 10% energy for its operation, as compared to mechanically operated water pumps. Some other advantages of electric water pumps over mechanical water pumps are lower emissions, elimination of engine heat sock, better management of engine temperature and greater longevity of the engine. Electric automotive water pumps are considered more effective in cooling than their predecessors and also help in reducing the radiator size in vehicles.

Global Automotive Electric Water Pumps Market Revenue (US$ Mn), 2021 to 2030

Significant growth of the automotive industry, particularly in developing economies, is expected to drive the growth of the Global Automotive Electric Water Pumps Market. Increased focus of automotive OEMs towards providing enhanced technology for fuel efficiency in vehicles, while reducing the carbon footprint on the environment, is expected to increase the adoption of automotive electric water pumps. However, automotive electric water pumps are comparatively more expensive than conventional mechanical water pumps, which is expected to hinder the growth of Global Automotive Electric Water Pumps Market, to a certain extent. Nonetheless, a significant demand for turbocharged engines in passenger, as well as commercial vehicles globally, provides lucrative opportunities for the manufacturers of electric water pumps. Global Automotive Electric Water Pumps Market is segmented on the basis of product type, application, and region. On the basis of product type, the market is segmented into 12V EWP and 24V EWP. The 12V EWP segment accounts for the majority share in this market, and the segment is expected to register the highest growth rate over the forecast period. On the basis of application, the market is segmented into Engine, Turbocharger, Battery and Other Applications, in which the Turbocharger accounts for a majority share.

Global Automotive Electric Water Pumps Market Attractiveness Analysis by Product Type, 2018

On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Europe accounts for a majority share in the Global Automotive Electric Water Pumps Market, followed by North America. Asia-Pacific is expected to record the highest growth rate over the forecast period. The research report on the Global Automotive Electric Water Pumps Market includes profiles of some of the major companies such as Robert Bosch Gmbh, Continental AG, Aisin Seiki Co. Ltd., Rheinmetall AG, Gates Industrial Corporation plc, Behr Hella Service GmbH, Magna International Inc, GMB Corporation, Engineered Machined Products, Hitachi Ltd., Sanhua Holding Group Co. Ltd., etc

Below are the active patents related to Automotive Electric Water Pumps Market.

Patent Number:- DE102010037493B4 Electric water pump Abstract An electric water pump comprising: a body (30) having a hollow cylindrical shape and having one end open and the other end having a front surface (32), a stator having a hollow cylindrical shape and being fixed in the body (30 ) is arranged to generate a magnetic field according to a control signal, a rotor which is surrounded by the stator and which is rotated by the magnetic field generated at the stator, wherein the rotor has a hollow cylindrical shape, a pump cover (10), which comprises an inlet (12) through which coolant flows and an outlet (14) through which pressurized coolant flows out, the front surface (32) of the body (30) and the pump cover (10) interposing therebetween a pumping chamber (12). 16), wherein a stator chamber (42) is formed in the body (30) in the radial direction at an outer portion and the stator is disposed in the stator chamber (42), and wherein a Rotor chamber (38) is formed on an inner portion of the stator chamber (42) and the rotor is mounted in the rotor chamber (38), a shaft (83) which is rotatably coupled to the front surface (32) and fixed to the rotor, that it is rotatable together with the rotor about a central axis (x) of the shaft (83) and which is mounted in the rotor chamber (38), and a pumping wheel (22) attached to a front portion of the shaft (83) in the pumping chamber (16) is fixed to rotate together with the shaft (83) to pressurize the refrigerant flowed through the inlet (12) under pressure. Application File Date:- 2010-09-13 Application Granted Date:- 2015-01-22 Current Assignee:- Hyundai Motor Co , Myunghwa Ind Co Ltd Kia Corp Patent Number:- US20110115313A1 Electric water pump Abstract An electric water pump may include a stator generating a magnetic field according to a control signal and a rotor rotated by the magnetic field generated at the stator and pressurizing coolant. According to the electric water pump, the stator may include, a stator core formed by stacking a plurality of pieces made of a magnetic material, an insulator connecting pieces of the stator core to each other, a coil coiling the stator core so as to form a magnetic path, a Hall sensor detecting a position of the rotor, a Hall sensor board controlling the control signal supplied to the stator according to the position of the rotor detected by the Hall sensor, and a stator case wrapping and sealing the stator core, the insulator, the coil, the Hall sensor, and the Hall sensor board. Application File Date: 2010-09-07 Application Granted Date: 2012-11-06 Current Assignee: Amotech Co Ltd, Hyundai Motor Co, Myunghwa Ind Co Ltd, Kia Corp Patent Number:- US8485292B2 Hybrid vehicle cooling apparatus Abstract In cooling apparatus for a hybrid vehicle having driving apparatus including a generator driven by an engine and an electric motor (12) for driving the vehicle, the driving apparatus, a radiator arranged in a front portion of an engine compartment and an inverter (41) are coupled by a cooling circuit for the motor equipment. An electric water pump (45) for circulating cooling water is arranged in the cooling circuit. Mounting apparatus (15) for supporting the driving apparatus to the vehicle body is arranged laterally in the vehicle width direction of the driving apparatus. The electric water pump (45) is arranged under the mounting apparatus (15). By the use of such a structure, a situation in which the electric water pump (45) gets sandwiched between the engine radiator which has been shifted backwardly in the presence of an external force acting from the front of the vehicle, and the driving apparatus and gets damaged can be prevented. Application File Date: 2010-09-24 Application Granted Date: 2013-07-16 Current Assignee: Suzuki Motor Co Ltd

Key Market Segments

By Pump Type
  • 12v
  • 24v
By Vehicle Type
  • Passenger Car
  • Commercial Vehicle
  • Electric Vehicle

Key Market Players included in the report:

  • AIRTEX ASC
  • Aisin Seiki Co., Ltd.
  • Behr Hella Service GmbH
  • BLDC Pump Co., Ltd.
  • BorgWarner Inc.
  • Concentric AB
  • Continental AG
  • DaviesCraig
  • Engineered Machined Products
  • Gates Industrial Corporation plc
  • GMB Corporation
  • Hitachi Automotive Systems Americas, Inc.
  • Magna International Inc.
  • Meko Auto Pvt. Ltd.
  • Rheinmetall Automotive AG
  • Robert Bosch GmbH
  • Sanhua Holding Group Co., Ltd.
  • Schaeffler Group
  • TBK Co., Ltd.
  • Valeo SA

Below are the key development related to Automotive Electric Water Pumps Market in 2020 and 2021.

February 2021: Advik Hi-Tech acquires Hanon Bangalore Operations. This acquisition is a strategic step in developing Advik Hi-Techs customer base, and product portfolio which includes oil pumps, water pumps, and vacuum pumps for the global vehicle manufacturers. Advik Hi-Tech acquires Hanon Bangalore OperationsNew Delhi: Global auto component manufacturer Advik Hi-Tech has completed the acquisition of Hanon Bangalore Operations Pvt. Ltd. (Hanon Bangalore), from Hanon Systems, South Korea. The acquisition is said to accelerate Advik Hi-Tech’s global manufacturing and R&D expertise in the powertrain systems. It will enable it to deliver a comprehensive portfolio for pumps which include oil pumps, water pumps, and vacuum pumps for the global vehicle manufacturers. Source January 2020: RHEINMETALL AUTOMOTIVE TO SUPPLY PUMPS FOR ELECTRIC VEHICLES. First-tier auto-industry supplier Rheinmetall Automotive, part of the Rheinmetall Technology Group, has been awarded a megacontract by a renowned international carmaker to supply pumps for electric vehicles over a total period of eight years. Rheinmetall Automotive to supply pumps for electric vehicles. Pierburg Pump Technology Hartha, final assembly of water recirculation pumps (Image source: Rheinmetall Automotive AG). Through its Chinese joint venture Pierburg Huayu Pump Technology Co. Ltd. Rheinmetall Automotive will supply two versions of its electric water recirculation pump (WUP) with a total lifetime value of €130 million, series production scheduled to commence in 2020. Source

Chapter 1 Global Automotive Electric Water Pumps Market Overview

1.1 Introduction
1.2 Drivers for Automotive Electric Water Pump Market
1.3 Restraints for Automotive Electric Water Pump Market
1.4 Opportunities for Automotive Electric Water Pump Market
1.5 Automotive Electric Water Pump Operation
1.6 Comparison between Electric Water Pump and Mechanical Water Pump
1.7 Opportunity Map Analysis
1.8 PESTLE ANALYSIS
1.9 PORTER'S Five Forces Analysis
1.10 Market Investment Feasibility Analysis
1.11 Opportunity Orbits
1.12 Global Electric Water Pumps Market Share Analysis
1.13 Global Automotive Ele
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