Market Overview:
The global automotive water pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, factors such as rising disposable income, technological advancements, and growing awareness about vehicle maintenance are also contributing to the growth of this market. The global automotive water pump market is segmented on the basis of type into mechanical water pumps and electric water pumps. The mechanical water pump segment is expected to dominate the global automotive water pump market during the forecast period owing to its low cost and easy installation process as compared to electric water pumps. However, electric water pumps are gaining popularity due their high efficiency levels and longer life span as compared to mechanical ones. On basis of application,the global automotive Water Pump Market is segmented into passenger car and commercial vehicle segments respectively . Passenger car segment dominates this market with highest share owing increase in sales volume for these types od vehicles all over world .
Product Definition:
A water pump is a device that circulates water by mechanical action.
Mechanical Water Pump:
A mechanical water pump is a device used to move water from a lower to an upper reservoir. It's basically an inclined tube with fluid flowing in it, which helps in transferring the pressure of the incoming fluid to the outlet pipe at a constant rate. Theory of operation: A mechanical water pump consists of two reservoirs connected by an intake and output pipe.
Electric Water Pump:
An electric water pump is a mechanical device used to move water. It is mostly used in the automotive industry for cooling systems. The working principle of an electric water pump is very simple, it uses a motor and gears to convert the rotation energy into mechanical energy which then drives the impellers or blades attached to it. The most commonly used type of pumps are centrifugal, positive displacement, and negative displacement pumps.
Application Insights:
The passenger car segment held the largest share of over 60.0% in 2017. The demand for automotive water pumps is expected to increase due to the growing number of passenger cars on roads across various regions including Asia Pacific, North America and Europe. Moreover, technological advancements such as VVTi are further anticipated to propel industry growth over the forecast period.
Commercial vehicles segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing government spending towards infrastructure development particularly in developing countries such as India and China which will eventually boost product demand globally over the forecast period especially during peak winters when commercial vehicle owners prefer using snow melting products owing tp their performance characteristics which are used worldwide by utility companies for clearing ice dams from their water supply systems thereby boosting market growth globally during this time frame (see reference below).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in automobile production, owing to which there is an acute requirement of water pumps. Moreover, increasing per capita income levels coupled with rising consumer awareness about vehicle maintenance will drive demand further.
Europe accounted for more than 20% of the overall revenue share in 2017 on account of high automotive production rates coupled with stringent government regulations regarding fuel emissions and safety norms. The presence of major players such as Bosch, Continental AG & Co., Ferrari S.p.A., Pirelli & C., and Schaeffler Group Gmbh are likely to boost regional growth over the next eight years (2030).
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries is expected to drive the growth of the automotive water pump market.
- The increasing trend of engine downsizing in passenger cars is also projected to fuel the demand for automotive water pumps during the forecast period.
- Stringent emission norms by regulatory authorities are compelling OEMs to equip vehicles with advanced technologies, which is anticipated to create opportunities for automotive water pump manufacturers over the next few years.
- Growing popularity of electric and hybrid vehicles is another key factor that would propel demand for automotive water pumps in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Water Pump Market Research Report
By Type
Mechanical Water Pump, Electric Water Pump
By Application
Passenger Car, Commercial Vehicle
By Companies
Aisin Seiki, KSPG AG, Bosch, Xibeng, Continental, Gates Corporation, GMB Corporation, ACDelco, Fawer, Jinglong, US Motor Works, Edelbrock, Dongfeng, Longji Group, Jung Woo Auto
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Water Pump Market Report Segments:
The global Automotive Water Pump market is segmented on the basis of:
Types
Mechanical Water Pump, Electric Water Pump
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aisin Seiki
- KSPG AG
- Bosch
- Xibeng
- Continental
- Gates Corporation
- GMB Corporation
- ACDelco
- Fawer
- Jinglong
- US Motor Works
- Edelbrock
- Dongfeng
- Longji Group
- Jung Woo Auto
Highlights of The Automotive Water Pump Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mechanical Water Pump
- Electric Water Pump
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Water Pump Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automotive water pump is a device that uses the power of an engine to move water through a system. This system can be used to cool the engine or transfer fuel and oil.
Some of the major companies in the automotive water pump market are Aisin Seiki, KSPG AG, Bosch, Xibeng, Continental, Gates Corporation, GMB Corporation, ACDelco, Fawer, Jinglong, US Motor Works, Edelbrock, Dongfeng, Longji Group, Jung Woo Auto.
The automotive water pump market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Water Pump Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Water Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Water Pump Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Water Pump Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Water Pump Market Size & Forecast, 2020-2028
4.5.1 Automotive Water Pump Market Size and Y-o-Y Growth
4.5.2 Automotive Water Pump Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mechanical Water Pump
5.2.2 Electric Water Pump
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Water Pump Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Water Pump Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mechanical Water Pump
9.6.2 Electric Water Pump
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mechanical Water Pump
10.6.2 Electric Water Pump
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mechanical Water Pump
11.6.2 Electric Water Pump
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mechanical Water Pump
12.6.2 Electric Water Pump
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mechanical Water Pump
13.6.2 Electric Water Pump
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Water Pump Market: Competitive Dashboard
14.2 Global Automotive Water Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aisin Seiki
14.3.2 KSPG AG
14.3.3 Bosch
14.3.4 Xibeng
14.3.5 Continental
14.3.6 Gates Corporation
14.3.7 GMB Corporation
14.3.8 ACDelco
14.3.9 Fawer
14.3.10 Jinglong
14.3.11 US Motor Works
14.3.12 Edelbrock
14.3.13 Dongfeng
14.3.14 Longji Group
14.3.15 Jung Woo Auto
