Bharat Book Bureau Provides the Trending Market Research Report on “Global Electric Water Pumps Market by Manufacturers, Regions, Type and Application, Forecast to 2023” under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Electric Water Pumps are a part of a growing number of newer vehicles where higher efficiency engines are demanded. Aside from providing standard engine cooling, they reduce engine load and can be controlled by sensors to provide the necessary amount of coolant at any time. Some new vehicles even use up to three pumps for various systems, including cabin heating, turbocharger and battery system cooling.
Scope of the Report:
This report focuses on the Electric Water Pumps in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The global Electric Water Pumps production is about 11 Millon Units, Europe and USA are the two largest production regions, in 2015, Europe is the largest production region, it occupies about 42.5%, USA is the second largest production region, it occupies about 28% market share; The Electric Water Pumps industry is relative concentrated industry, the largest five manufactures occupy about 90% market share.
The largest consumption regions are Europe and USA, the Europe occupies about 37.5% market share and the USA occupies about 30% market share in 2015; the consumption regions are relative dispersion;
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The price of Electric Water Pumps’ price has the down streaming trend and the gross margin also has the similar trend, in 2015, the average price is about 67.5 USD per Unit and the gross margin is about 27%;
The Electric Water Pumps’ production is mainly concentrated in the developed countries; the developing countries’ consumption mainly depends on import market;
In the future, the technology of Electric Water Pumps will be more and more mature, and the application regions will expand, it will have larger market share in the automotive battery. The future price will have great relationship with the power and frequency. China will be a potential market.
The worldwide market for Electric Water Pumps is expected to grow at a CAGR of roughly 5.4% over the next five years, will reach 1190 million US$ in 2023, from 860 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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