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Electric Coolant Pumps Market Share, Growth - Industry Report, 2026

Global Electric Coolant Pump Market is valued to grow by 32.4 Million units, growing at a healthy CAGR of 40% over the forecast period 2020-2026.

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Electric Coolant Pumps Market Share, Growth - Industry Report, 2026

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  1. WelcomeToDataintelo

  2. Electric Coolant Pumps Market Share, Growth - Industry Report, 2026 • Global Electric Coolant Pump Market is valued to grow by 32.4 Million units, growing at a healthy CAGR of 40% over the forecast period 2020-2026. Growing adoption of electric vehicles, growing electrification of mechanical components and rise in the production of automobiles are key factors augmenting the market. • Market Dynamics: • Rise in use of electric coolant pumps in vehicles to cool down components such as batteries, cabins, electronic circuits, and power train systems is expected to drive the market growth. • Increasing need to control the inner temperature of vehicle components to prevent internal damages is creating an irreplaceable place for the electric coolant pumps and boosting their demand. • The need for installation of electric coolant pumps and thermal management systems and integrated circuits is another factor driving the growth of the market. • Availability of online retail channels for the worldwide distribution of electric coolant pumps is projected to create opportunities for the electric coolant pumps manufacturers to enter into untapped market.

  3. Scope of the Report The report on the electric coolant pumps market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report. Request for Free Sample: https://dataintelo.com/request-sample/?reportId=6058

  4. Electric Coolant Pumps Market Segment Insights: The less than 50W segment accounts for a dominant share of the market   Based on the power, the electric coolant pumps market has been segmented into the less than 50w, 50w–100w, 100w–400w, and more than 400w. Increasing production of electric vehicles and electrification of vehicle that require 50w of power for operations is expected to drive the growth of the segment during the forecast period. The electric vehicles segment is projected to expand at a significant CAGR during the forecast period On the basis of vehicle types, the market has been divided into passenger vehicle, commercial vehicle, autonomous & semi-autonomous vehicles, and electric vehicles. The electric vehicles segment is anticipated to expand at a significant CAGR during the forecast period. This, in turn, is increasing the application of electric coolant pumps in these vehicles. North America to dominate the global market due to high adoption rate and favorable policies in the region In terms of region, the global electric coolant pumps market has been segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of demand for electric coolant pumps, Asia Pacific led the global market in the year 2019 and this trend is expected to continue during the forecast period. Rapid expansion of the automobile production industry in this region is expected to be a key factor fuelling the demand for electric coolant pumps. Moreover, availability of cheap raw materials and labor workforce, and strong customer base for electric coolant pumps are fueling the growth of the market in the region. Europe accounts for a large share of the market, in terms of demand.

  5. Competitive Landscape: Key players operating in the global electric coolant pumps market include Continental AG, SANHUA Automotive, Aisin Seiki, MAHLE GmbH, DaviesCraig, Robert Bosch GmbH, Johnson Electric, Pierburg GMBH, Magna International Inc., and Rheinmetall Automotive AG. Manufactures of these pumps are increasingly focusing on product innovation to sustain the global competition. • Segments Covered in the Report • The global electric coolant pumps market has been segmented on the basis of vehicle types, power, and regions • By Vehicle Types • Passenger Vehicles • Commercial Vehicles • Autonomous & Semi-autonomous Vehicles • Electric Vehicles • By Power • Less than 50W • 50W–100W • 100W–400W • More than 400W

  6. By Regions • North America • Europe • Asia Pacific • Latin America • Middle East & Africa • Discover More @ https://dataintelo.com/

  7. Thank You

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