Market Overview:
The global electric water pump for new energy vehicles market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for new energy commercial and passenger vehicles across the globe. In terms of type, the 20W segment is expected to hold the largest share in terms of volume in 2018, while 60W and 100W are projected to be the fastest-growing segments during the forecast period. In terms of application, new energy commercial vehicle segment is estimated to account for a larger share in 2018 as compared with that of new energy passenger vehicle segment; however, both segments are projected exhibit high growth rates over the next decade. Regionally, North America accounted for majority share in 2017 and it is anticipated that this region will continue its dominance throughout 2030 owing to technological advancements pertaining electric water pumps coupled with stringent emission norms being implemented by various countries such as U.S.
Product Definition:
An electric water pump is a water pump that uses an electric motor to circulate water. Electric water pumps are commonly used in automobiles, where they are often called engine cooling systems.
20W:
20W is the power rating for electric water pump used in new energy vehicles. It's a key component of any EV, as it provides boost to get the vehicle moving. The higher the power rating, the faster will be its operation and performance.
The 20-watt electric water pump is one of those components which are responsible for providing boost to drive an EV’s engine or motor at start-up and during acceleration.
60W:
60W is the maximum power output of an electric water pump for new energy vehicles. It is also known as the New European Driving Cycle (NEDC) power rating. The NEDC standard has been adopted in many countries across Europe and Asia Pacific, including Japan, China, South Korea, Taiwan and Australia.
Application Insights:
The market is segmented by application into new energy commercial vehicle and new energy passenger vehicle. New energy commercial vehicles include electric buses, trucks, trolleybuses and other forms of public transport. Increasing government funding for the deployment of electric bus fleets across the world is expected to drive demand over the forecast period.
Increasing awareness among consumers regarding environment protection along with growing concerns regarding global warming due to increasing carbon emissions has led major manufacturers such as Siemens AG, ABB Ltd., Mitsubishi Electric Corporation and Panasonic Corporation to focus on developing products for New Energy Vehicles (NEV). This in turn will increase product penetration in NEMA applications over the forecast period.
The others application segment includes residential water pumps that are used without electricity source or with alternative sources such as solar power or windmills.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of total volume in 2017 owing to high demand from countries, such as China and Japan. In addition, rising investments by governments across various developing economies are anticipated to fuel market growth over the coming years.
The European regional market held a significant share in terms of revenue as well as volume due to growing adoption by major manufacturers across Europe including Bosch Group; Delphi Automotive PLC.; Johnson Controls Inc.; and Siemens AG & Co., KG among others. Growing emphasis on reducing carbon footprint along with stringent government regulations regarding new energy vehicle sales is likely to propel product demand across this region during the forecast period. North America also contributed significantly towards industry growth owing to increasing awareness about electric vehicles coupled with supportive policies framed by U.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 28% from 2016 to 2020, according to MarketsandMarkets. This growth is primarily attributed to the increasing demand for environment-friendly and low-emission vehicles.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles through various initiatives and subsidies. For instance, in China, the government offers a subsidy of up to ,000 per vehicle. Such government initiatives are expected to drive the growth of the electric water pump market for new energy vehicles during the forecast period.
- Technological advancements: The development of advanced technologies such as brushless DC motors has led to significant improvements in performance and efficiency of electric water pumps for new energy vehicles, thereby driving their adoption worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Water Pump for New Energy Vehicles Market Research Report
By Type
20W, 60W, 100W, 400W, 900W, Others
By Application
New Energy Commercial Vehicle, New Energy Passenger Vehicle
By Companies
Bosch, Rheinmetall Automotive AG, Aisin, Gates, Dongdian Group, Shanhua Group, Shanghai RiYong Jea Gate Electric Co.,Ltd, Yili Technology, Feilong Auto Components Co.,Ltd, Shenpeng Pump, Ningbo Tuopu, Jiangsu Leili Motor Co.,Ltd
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Electric Water Pump for New Energy Vehicles Market Report Segments:
The global Electric Water Pump for New Energy Vehicles market is segmented on the basis of:
Types
20W, 60W, 100W, 400W, 900W, Others
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
New Energy Commercial Vehicle, New Energy Passenger 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:
- Bosch
- Rheinmetall Automotive AG
- Aisin
- Gates
- Dongdian Group
- Shanhua Group
- Shanghai RiYong Jea Gate Electric Co.,Ltd
- Yili Technology
- Feilong Auto Components Co.,Ltd
- Shenpeng Pump
- Ningbo Tuopu
- Jiangsu Leili Motor Co.,Ltd
Highlights of The Electric Water Pump for New Energy Vehicles 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:
- 20W
- 60W
- 100W
- 400W
- 900W
- Others
- By Application:
- New Energy Commercial Vehicle
- New Energy Passenger 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 Electric Water Pump for New Energy Vehicles 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.
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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 electric water pump is a device that uses electricity to move water. It is used in new energy vehicles to help power the vehicle's engine and other systems.
Some of the major players in the electric water pump for new energy vehicles market are Bosch, Rheinmetall Automotive AG, Aisin, Gates, Dongdian Group, Shanhua Group, Shanghai RiYong Jea Gate Electric Co.,Ltd, Yili Technology, Feilong Auto Components Co.,Ltd, Shenpeng Pump, Ningbo Tuopu, Jiangsu Leili Motor Co.,Ltd.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles Market Size & Forecast, 2018-2028 4.5.1 Electric Water Pump for New Energy Vehicles Market Size and Y-o-Y Growth 4.5.2 Electric Water Pump for New Energy Vehicles Market Absolute $ Opportunity
Chapter 5 Global Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Type
5.2.1 20W
5.2.2 60W
5.2.3 100W
5.2.4 400W
5.2.5 900W
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Applications
6.2.1 New Energy Commercial Vehicle
6.2.2 New Energy Passenger Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles Analysis and Forecast
9.1 Introduction
9.2 North America Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Type
9.6.1 20W
9.6.2 60W
9.6.3 100W
9.6.4 400W
9.6.5 900W
9.6.6 Others
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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Applications
9.10.1 New Energy Commercial Vehicle
9.10.2 New Energy Passenger 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 Electric Water Pump for New Energy Vehicles Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Type
10.6.1 20W
10.6.2 60W
10.6.3 100W
10.6.4 400W
10.6.5 900W
10.6.6 Others
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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Applications
10.10.1 New Energy Commercial Vehicle
10.10.2 New Energy Passenger 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 Electric Water Pump for New Energy Vehicles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Type
11.6.1 20W
11.6.2 60W
11.6.3 100W
11.6.4 400W
11.6.5 900W
11.6.6 Others
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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Applications
11.10.1 New Energy Commercial Vehicle
11.10.2 New Energy Passenger 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 Electric Water Pump for New Energy Vehicles Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Water Pump for New Energy Vehicles 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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Type
12.6.1 20W
12.6.2 60W
12.6.3 100W
12.6.4 400W
12.6.5 900W
12.6.6 Others
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 Electric Water Pump for New Energy Vehicles Market Size Forecast by Applications
12.10.1 New Energy Commercial Vehicle
12.10.2 New Energy Passenger 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) Electric Water Pump for New Energy Vehicles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Water Pump for New Energy Vehicles 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) Electric Water Pump for New Energy Vehicles Market Size Forecast by Type
13.6.1 20W
13.6.2 60W
13.6.3 100W
13.6.4 400W
13.6.5 900W
13.6.6 Others
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) Electric Water Pump for New Energy Vehicles Market Size Forecast by Applications
13.10.1 New Energy Commercial Vehicle
13.10.2 New Energy Passenger 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 Electric Water Pump for New Energy Vehicles Market: Competitive Dashboard
14.2 Global Electric Water Pump for New Energy Vehicles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Rheinmetall Automotive AG
14.3.3 Aisin
14.3.4 Gates
14.3.5 Dongdian Group
14.3.6 Shanhua Group
14.3.7 Shanghai RiYong Jea Gate Electric Co.,Ltd
14.3.8 Yili Technology
14.3.9 Feilong Auto Components Co.,Ltd
14.3.10 Shenpeng Pump
14.3.11 Ningbo Tuopu
14.3.12 Jiangsu Leili Motor Co.,Ltd