A Electric Coolant Pump is a type of pump used to recirculate a coolant, generally a liquid, that is used to transfer heat away from an engine or other device that generates heat as a by-product of producing energy.
Market Analysis and Insights: Global Electric Coolant Pumps Market
Due to the COVID-19 pandemic, the global Electric Coolant Pumps market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Less than 50W accounting for % of the Electric Coolant Pumps global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive segment is altered to an % CAGR throughout this forecast period.
North America Electric Coolant Pumps market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Electric Coolant Pumps include Bosch, Continental, Johnson Electric, Aisin Seiki, MAHLE Group, Rheinmetall Automotive, Webasto, Cardone Industries and Nidec Corporation, etc. In terms of revenue, the global 3 largest players have a % market share of Electric Coolant Pumps in 2021.
Global Electric Coolant Pumps Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electric Coolant Pumps Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Less than 50W
50W-100W
100W-400W
More than 400W
Segment by Application
Automotive
Machinery
Nuclear Power Plants
Others
By Company
Bosch
Continental
Johnson Electric
Aisin Seiki
MAHLE Group
Rheinmetall Automotive
Webasto
Cardone Industries
Nidec Corporation
Sogefi
KSB
Fuji Electric
Shurflo
Grundfos
HELLA
Graymills
Hanon Systems
Concentric AB
SANHUA Automotive
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina