In the automotive industry, there is a constant revision and upgrading of technology to increase fuel efficiency in powertrains and reduce vehicular emissions to comply with stringent emission rules. The introduction of electric coolant pumps is a step in this direction.
OEMs are diversifying their product portfolio by launching plug-in hybrid vehicles that have advanced technologies such as regenerative braking systems and electric motors to assist as well as retain vehicles powered by IC engines. Due to this reason, electric coolant pumps in the mid-size segment will increase significantly, and there will be a corresponding decline in the full-size vehicle type market. In the US, the majority of the vehicles of earlier make have engine capacity greater than 3L. Approximately 50% of the sales in the US in the light duty segment is for pickup trucks. They were earlier powered by large displacement engines like 3.5L V6 or 5L V8 engines but owing to the downsizing trend these bigger engines are being replaced by 2L turbocharged engines, which not only produce similar power but are 30% more fuel efficient.
The market appears to be highly fragmented due to the presence of various established players and smaller firms. The competition is intense, and the manufacturers have to introduce innovative products to survive in the market. The demand for fuel-efficient cars will prompt the OEMs to focus on extensive research, development of specialized products, and upgraded technology matching the advancements in the industry. The stringent norms from the government to reduce pollution and control emissions will be another factor that will need attention from the vendors during the estimated period of next four years.
In 2019, the market size of Electric Coolant Pump is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric Coolant Pump.
This report studies the global market size of Electric Coolant Pump, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Electric Coolant Pump production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Robert Bosch
Continental
Johnson Electric
Aisin Seiki
KSPG
Davies Craig
MAHLE
...
Market Segment by Product Type
Full-size
Mid-size
Compact size
Market Segment by Application
Vehicles
Passenger Cars
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Electric Coolant Pump status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Electric Coolant Pump manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Electric Coolant Pump are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Electric Coolant Pump. Industry analysis & Market Report on Electric Coolant Pump is a syndicated market report, published as Global (United States, European Union and China) Electric Coolant Pump Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Electric Coolant Pump market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.