Market Overview:
The global electric 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 electric water pump market can be attributed to the increasing demand for electric water pumps in various applications such as engine, turbocharger, and battery among others. Additionally, factors such as rising disposable income and technological advancements are also contributing to the growth of this market. Based on type, the global electric water pump market is segmented into 12V EWP and 24V EWP segments. The 12V EWP segment is expected to account for a major share of the global electric water pump market during the forecast period owing to its low cost and easy installation. Based on application, the global electric water pump market is segmented into engine, turbocharger, battery among others.
Product Definition:
An electric water pump is a device that uses an electric motor to move water. Electric water pumps are used in a variety of applications, including irrigation, firefighting, and domestic use.
12V EWP:
12V EWP is an electric water pump used to move water from one place to another using the principle of centrifugal force. It’s a self-contained unit that uses no external power source and can be used in both residential and commercial applications. The product has gained popularity owing to its energy efficiency, low maintenance cost, eco-friendly nature, easy installation process and it’s affordable price compared to other types of pumps available in the market.
24V EWP:
24V EWP is an electric water pump that can provide up to 24 Volts of DC and it's used in various applications such as air conditioners, refrigerators, washing machines, etc. It has a high power to weight ratio which makes it ideal for use in commercial applications where there is a requirement for higher volume flow of water at low pressure.
24V EWPs are available with two different impellers; namely centrifugal.
Application Insights:
The engine application segment accounted for the largest share of over 50.0% in 2017 and is projected to witness significant growth over the forecast period. The growing demand for electric water pumps owing to their ability to eliminate emissions, provide fuel efficiency, reduce noise and offer reliable performance are expected to drive the market growth over the coming years.
Battery application segment is projected register a CAGR of XX% from 2018 to 2030 owingto its ability eliminate emissions, provide energy security and sustainable development, improve air quality by eliminating diesel engines from power plants along with other benefits such as improved reliability & durability which will drive demand in this segment during future period.
Other applications include HVAC (heating ventilation & cooling), food processing plants.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. These countries are witnessing strong economic growth owing to various factors such as rapid industrialization and urbanization along with increasing per capita income levels. Moreover, these developing nations have a large base of rural population that requires access to electricity for basic amenities such as lighting & refrigeration in their homes along with pumping systems for water supply purposes. This factor is anticipated to drive the regional demand over the next eight years.
The North American market was valued at USD X million in 2017 owing both volumes (electricity usage) and revenue based on EWP consumption measurement (kilo-watt hours). The U.S.
Growth Factors:
- Increasing demand for electric water pumps from the agricultural sector as a result of growing population and rising food demand.
- Rapid industrialization in developing countries is expected to drive the growth of electric water pump market over the forecast period.
- Growing investments in municipal infrastructure projects are anticipated to boost the growth of electric water pump market during the forecast period.
- Rising awareness about energy-efficient and environment-friendly alternatives is projected to fuel the growth of electric water pump market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Water Pump Market Research Report
By Type
12V EWP, 24V EWP
By Application
Engine, Turbocharger, Battery, Others
By Companies
Bosch, Aisin, Continental, Rheinmetall Automotive, Gates, Hanon Systems
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Electric Water Pump Market Report Segments:
The global Electric Water Pump market is segmented on the basis of:
Types
12V EWP, 24V EWP
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
Engine, Turbocharger, Battery, Others
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
- Aisin
- Continental
- Rheinmetall Automotive
- Gates
- Hanon Systems
Highlights of The Electric 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:
- 12V EWP
- 24V EWP
- By Application:
- Engine
- Turbocharger
- Battery
- Others
- 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 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 electric water pump is a device used to move water through a system. It uses an electric motor to create rotational motion that can be used to push or pull water through the system.
Some of the key players operating in the electric water pump market are Bosch, Aisin, Continental, Rheinmetall Automotive, Gates, Hanon Systems.
The electric water pump market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric 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 Electric Water Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric 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 Electric 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 Electric Water Pump Market Size & Forecast, 2020-2028
4.5.1 Electric Water Pump Market Size and Y-o-Y Growth
4.5.2 Electric 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 12V EWP
5.2.2 24V EWP
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 Engine
6.2.2 Turbocharger
6.2.3 Battery
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric 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 Electric 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 12V EWP
9.6.2 24V EWP
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 Engine
9.10.2 Turbocharger
9.10.3 Battery
9.10.4 Others
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 12V EWP
10.6.2 24V EWP
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 Engine
10.10.2 Turbocharger
10.10.3 Battery
10.10.4 Others
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 12V EWP
11.6.2 24V EWP
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 Engine
11.10.2 Turbocharger
11.10.3 Battery
11.10.4 Others
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 12V EWP
12.6.2 24V EWP
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 Engine
12.10.2 Turbocharger
12.10.3 Battery
12.10.4 Others
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 12V EWP
13.6.2 24V EWP
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 Engine
13.10.2 Turbocharger
13.10.3 Battery
13.10.4 Others
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 Market: Competitive Dashboard
14.2 Global Electric Water Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Aisin
14.3.3 Continental
14.3.4 Rheinmetall Automotive
14.3.5 Gates
14.3.6 Hanon Systems
