Automotive Electric Water Pump Market Overview:
The Automotive Electric Water Pump Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Automotive Electric Water Pump Market, as well as the causes for variances in the industry’s growth in different regions.
The Automotive Electric Water Pump Market reached a value of US $ 15.41 Bn. in 2022. Global Automotive Electric Water Pump Market size is estimated to grow at a CAGR of 4.2%. The market is expected to reach a value of US $ 20.56 Bn in 2029.
Available Exclusive Sample Copy of this Report @
https://www.maximizemarketresearch.com/request-sample/75154
Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
Based on Pump Type, the market is sub-segmented into 12V EWP and 24V EWP. The 12V EWP segment was dominating the market in 2022. Because 12V EWPs are used in passenger automobiles, the 12V electric water pump sector has the biggest market share. The 24V electric water pump market is likely to expand as traction cooling systems in heavy-duty hybrid vehicles become more common.
Based on Vehicle Type, the market is sub-segmented into Light commercial vehicles, heavy commercial vehicles, and Passenger Vehicles. The passenger vehicle was leading the market in 2022. The rise in consumer disposable income has fueled demand for passenger automobiles, which has fueled the growth of the automotive pump industry. In the automotive pump market, the passenger car category is expected to have the highest share. The market for automotive pumps in passenger automobiles is predicted to increase rapidly, particularly in Asia Pacific’s emerging economies, rising consumer demand for electric cars, as well as significant government adjustments to transportation rules aimed at reducing harmful emissions, are likely to propel the passenger car segment forward
Purchase Inquiry:
https://www.maximizemarketresearch.com/request-sample/75154
Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
• The biggest players in the Automotive Electric Water Pump Market are as follows:
• Continental AG
• Robert Bosch GmbH
• Behr Hella Service GmbH
• VALEO SERVICE.
• Magna International Inc.
• KSPG
• Schaeffier AG
• DaviesCraig
• Gates Corporation
• BLDC Pump Co., Ltd.
• Rheinmetall Automotive AG
• AISIN SEIKI Co., Ltd.
• Hitachi Automotive Systems Americas, Inc.
• GMB Corporation
• Schaeffler Group
• Aisin Seiki Co., Ltd.
• Concentric AB
• AIRTEX ASC
• TBK Co., Ltd.
• Meko Auto Pvt. Ltd.
Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Automotive Electric Water Pump Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Automotive Electric Water Pump Market:
End-user industries where Automotive Electric Water Pump Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Automotive Electric Water Pump Market manufacturers, influencing the development of the Automotive Electric Water Pump Market in 2020. End-user business demand for Automotive Electric Water Pump Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Automotive Electric Water Pump Market Report are:
-
In 2021, which segment held the highest proportion of the Automotive Electric Water Pump Market?
-
What is the Automotive Electric Water Pump Market’s competitive landscape?
-
What are the primary drivers assisting the Automotive Electric Water Pump Market growth?
-
Which region has the most market share in the Automotive Electric Water Pump Market?
-
What will be the Automotive Electric Water Pump Market’s CAGR throughout the projected period?
Request For Free Sample @
https://www.maximizemarketresearch.com/request-sample/75154
About Us:
Maximize Market Research provides B2B and B2C research on 12000 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defence, and other manufacturing sectors.
Contact Us:
MAXIMIZE MARKET RESEARCH PVT. LTD
3rd Floor, Navale IT Park Phase 2,
Pune Banglore Highway,
Narhe, Pune, Maharashtra 411041, India.
+91 96071 95908, +91 9607365656
