Market Overview:
The global electrical coolant pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles and rising concerns about environment pollution. Based on type, the global electrical coolant pumps market is segmented into < 100 W and > 100 W. The < 100 W segment is expected to account for a larger share of the market in 2018 owing to its low cost and easy installation.
Product Definition:
Electrical coolant pumps circulate the coolant through the engine to keep it from overheating.
< 100 W:
Electrical coolant pumps are used to transfer a low volume of liquid (water or antifreeze) at high speed and with minimum pressure loss. They are primarily used in air conditioning compressors, refrigeration systems, and heat pumps for removing the heat from an enclosed space. The pump is driven by a small motor which creates a vacuum through backward flow of the liquid thus creating an artificial low pressure inside the system.
> 100 W:
Electrical coolant pumps are used to transfer a mechanical refrigerant from the heat exchanger to an air conditioning system. The working principle of these pumps is based on the compression of a refrigerant gas which acts as a mechanical compressor. These products are available in two forms including reciprocating and rotary.
Application Insights:
The commercial vehicle segment dominated the global electrical coolant pumps market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to an increase in demand for trucks and buses by various industries, such as automotive, construction and mining. Moreover, governments across the world are focusing on increasing public transportation systems to reduce automobile usage and promote green transport solutions that will further propel industry growth during the forecast period.
Electrical coolant pumps are used in passenger cars as well as light commercial vehicles (LCVs). These devices assist with heat management by providing a constant flow of antifreeze solution into engine block thus maintaining optimum operating temperatures throughout its life cycle without any intervention or maintenance costs required on part of owners/operators of passenger cars/light commercial vehicles (LCVs). This factor is anticipated to drive their demand from LCV manufacturers over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to rapid industrialization and increasing demand from end-use industries. The region accounted for a revenue share of more than 35% in 2017, which is attributed to high product penetration in China and Japan. Europe also held a significant share of global sales due to early adoption of electric cooling pumps across major countries such as Germany, France, Italy, U.K., and Spain among others.
Growth Factors:
- Increasing demand for electrical coolant pumps in the automotive industry as a result of the increasing production of vehicles.
- Growing demand for electrical coolant pumps from the HVAC industry due to rising installation of air conditioning systems across various end-use industries.
- Rising demand for electric vehicles which is expected to boost the growth of the electrical coolant pump market over the forecast period.
- Increasing investments in research and development activities by key players operating in this market to develop new and innovative products that can cater to changing needs of consumers.
- Growing awareness about energy efficiency among consumers, which is expected to fuel adoption of energy efficient electrical coolant pumps across various end-use industries over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Coolant Pumps Market Research Report
By Type
< 100 W, > 100 W
By Application
Commercial Vehicle, Passenger Car
By Companies
Rheinmetall Automotive, Robert Bosch, Continental, Aisin Seiki, MAHLE Group, Johnson Electric
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Coolant Pumps Market Report Segments:
The global Electrical Coolant Pumps market is segmented on the basis of:
Types
< 100 W, > 100 W
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
Commercial Vehicle, Passenger Car
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:
- Rheinmetall Automotive
- Robert Bosch
- Continental
- Aisin Seiki
- MAHLE Group
- Johnson Electric
Highlights of The Electrical Coolant Pumps 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:
- < 100 W
- > 100 W
- By Application:
- Commercial Vehicle
- Passenger Car
- 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 Electrical Coolant Pumps 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 electrical coolant pump is a device that transfers heat from an engine or other hot component to the surrounding air. The pump uses a rotating impeller to create a flow of liquid, which absorbs and dissipates heat.
Some of the major companies in the electrical coolant pumps market are Rheinmetall Automotive, Robert Bosch, Continental, Aisin Seiki, MAHLE Group, Johnson Electric.
The electrical coolant pumps 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 Electrical Coolant Pumps 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 Electrical Coolant Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrical Coolant Pumps 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 Electrical Coolant Pumps 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 Electrical Coolant Pumps Market Size & Forecast, 2018-2028
4.5.1 Electrical Coolant Pumps Market Size and Y-o-Y Growth
4.5.2 Electrical Coolant Pumps Market Absolute $ Opportunity
Chapter 5 Global Electrical Coolant Pumps 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 Electrical Coolant Pumps Market Size Forecast by Type
5.2.1 < 100 W
5.2.2 > 100 W
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrical Coolant Pumps 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 Electrical Coolant Pumps Market Size Forecast by Applications
6.2.1 Commercial Vehicle
6.2.2 Passenger Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrical Coolant Pumps 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 Electrical Coolant Pumps 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 Electrical Coolant Pumps Analysis and Forecast
9.1 Introduction
9.2 North America Electrical Coolant Pumps 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 Electrical Coolant Pumps Market Size Forecast by Type
9.6.1 < 100 W
9.6.2 > 100 W
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 Electrical Coolant Pumps Market Size Forecast by Applications
9.10.1 Commercial Vehicle
9.10.2 Passenger Car
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 Electrical Coolant Pumps Analysis and Forecast
10.1 Introduction
10.2 Europe Electrical Coolant Pumps 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 Electrical Coolant Pumps Market Size Forecast by Type
10.6.1 < 100 W
10.6.2 > 100 W
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 Electrical Coolant Pumps Market Size Forecast by Applications
10.10.1 Commercial Vehicle
10.10.2 Passenger Car
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 Electrical Coolant Pumps Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrical Coolant Pumps 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 Electrical Coolant Pumps Market Size Forecast by Type
11.6.1 < 100 W
11.6.2 > 100 W
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 Electrical Coolant Pumps Market Size Forecast by Applications
11.10.1 Commercial Vehicle
11.10.2 Passenger Car
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 Electrical Coolant Pumps Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrical Coolant Pumps 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 Electrical Coolant Pumps Market Size Forecast by Type
12.6.1 < 100 W
12.6.2 > 100 W
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 Electrical Coolant Pumps Market Size Forecast by Applications
12.10.1 Commercial Vehicle
12.10.2 Passenger Car
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) Electrical Coolant Pumps Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrical Coolant Pumps 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) Electrical Coolant Pumps Market Size Forecast by Type
13.6.1 < 100 W
13.6.2 > 100 W
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) Electrical Coolant Pumps Market Size Forecast by Applications
13.10.1 Commercial Vehicle
13.10.2 Passenger Car
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 Electrical Coolant Pumps Market: Competitive Dashboard
14.2 Global Electrical Coolant Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rheinmetall Automotive
14.3.2 Robert Bosch
14.3.3 Continental
14.3.4 Aisin Seiki
14.3.5 MAHLE Group
14.3.6 Johnson Electric
