Global Electric Coolant Pump Market Size, Share, Forecast Report, 2020-2027

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The report provides rational insights along with historical and forecast data to aid in better understanding of the Global Electric Coolant Pump Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the Electric Coolant Pump market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.

The global electric coolant pump market size for electric vehicles is projected to reach USD 662 million by 2027 from an estimated USD 227 million in 2020 at a CAGR of 16.5% during the forecast period. Stringency in emission norms to cut down vehicular emissions and increasing demand for electric vehicles globally are expected to be the primary reasons for the growing electric coolant pump market.

The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global Electric Coolant Pump market are included as given below:

The electric coolant pump market is led by globally established players such as Rheinmetall Automotive AG(Germany), Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Continental AG (Germany), and MAHLE GmbH (Germany). These companies are key players in the electric coolant pump technology and adhere to strategies such as new product developments and strategic expansions through collaborations, partnerships, and mergers & acquisitions to gain traction in the growing demand electric coolant pumps.

The global Electric Coolant Pump market has been segmented as below:

Based on the Application:

Engine Cooling & HAVC

Battery and Power Electronics Cooling

Gearbox Cooling

Based on the Type:

Sealed

Sealless

Based on the Sealless Type:

Electrically driven/ Canned

Magnetically driven

Based on the Vehicle Type:

Battery Electric (BEV)

Plug-in Hybrid Electric Vehicle (PHEV)

Based on Electric Vehicle Use:

Passenger Car

Commercial Vehicle

Based on ICE Vehicle:

Passenger Car

Commercial Vehicle

Based on Vehicle Voltage:

12V

48V

Based on Power Output:

Up to 100W

>100W

Based on Communication Interface:

LIN

CAN

PWM

Based on the Region:

Asia Pacific

China

India

Japan

South Korea

North America

US

Canada

Europe

Norway

Germany

France

The Netherlands

UK

Sweden

Austria

Denmark

Reasons to Purchase this Report:

Estimates Electric Coolant Pump development trends with SWOT analysis

� Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players

� Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion

� Market dynamics scenario, along with growth opportunities for players in the years to come

� Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period

� Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects