The electric coolant pump market in Asia Pacific is expected to grow from US$ 870.38 million in 2022 to US$ 2,307.06 million by 2028; it is estimated to grow at a CAGR of 17.6% from 2022 to 2028.
Growth in Number for Electric Vehicles
Electric vehicles have several sources of heat generation. However, they do not generate temperatures as high as an internal combustion engine. An electric water pump is powered by the vehicle'ss electrical system. There can be up to two or three water pumps in an electric vehicle. The EV control unit turns them on only when the circuit needs cooling. Thus, the rise in the number of EVs on the road is expected to drive the demand for electric coolant pumps. The supportive government regulations is also strengthening the demand for electric vehicles. As electric coolant pumps help reduce carbon emissions, the implementation of stringent emission norms globally is expected to propel the electric coolant pump industry growth significantly. For instance, the introduction of Euro VI and China VI pushed automotive manufacturers to employ fuel-efficient technologies such as electric coolant pumps in their electric vehicles. The increase in number of contracts and rising demand for coolant pumps is further bolstering the market growth. For instance, in April 2022, Concentric AB received a new development contract to supply electric coolant pumps for a fuel cell application. As the company supply e-pumps to many global OEMs for their hybrid and battery electric vehicles it is further propelling the demand for more electric coolant pumps. Thus, such trends for the adoption of electric coolant pumps for the EV industry are fueling the market growth.Market Overview
Asia Pacific Electric coolant pump market Segmentation
The Asia Pacific electric coolant pump market is segmented on the basis of application, power, vehicle type, propulsion type, pump type, and country. Based on application, the Asia Pacific electric coolant pump market is segmented into engine cooling & HVAC, battery & power electronics cooling, and gearbox cooling. The engine cooling & HVAC segment held the largest market share in 2022.- Based on power, the Asia Pacific electric coolant pump market is bifurcated into below 100 W and above 100 W. The below 100 W segment held a larger market share in 2022.
- Based on vehicle type, the Asia Pacific electric coolant pump market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger cars segment held the largest market share in 2022.
- Based on propulsion type, the Asia Pacific electric coolant pump market is segmented into ICE, electric, and hybrid. The ICE segment held the largest market share in 2022.
- Based on pump type, the Asia Pacific electric coolant pump market is bifurcated into with ECU and without ECU. The without ECU segment held a larger market share in 2022.
- Based on country, the Asia Pacific electric coolant pump market is segmented into China, Japan, India, South Korea, Australia, and Rest of Asia Pacific. China dominated the market share in 2022.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Electric Coolant Pump Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Electric Coolant Pump Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Usages of Electric Coolant Pumps Over Mechanical Pumps
5.1.2 Rise in Production of Vehicles and Rise in Demand for Eco-Friendly Vehicles
5.2 Market Restraints
5.2.1 Temperature Challenges and High Installation and Maintenance Charges
5.3 Market Opportunities
5.3.1 Amalgamation of Innovative Features in Electric Coolant Pumps
5.4 Future Trends
5.4.1 Growth in Number for Electric Vehicles
5.5 Impact analysis of Drivers and Restraints
6. Electric Coolant pump - APAC Market Analysis
6.1 APAC Electric Coolant Pump Market Overview
6.2 APAC Electric Coolant Pump Market Revenue Forecast and Analysis
7. APAC Electric Coolant Pump Market Analysis - By Application
7.1 Overview
7.2 Electric Coolant Pump Market, By Application (2021 And 2028)
7.3 Engine Cooling and HVAC
7.3.1 Overview
7.3.2 Engine Cooling and HVAC: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
7.4 Battery and Power Electronics Cooling
7.4.1 Overview
7.4.2 Battery and Power Electronics Cooling: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
7.5 Gearbox Cooling
7.5.1 Overview
7.5.2 Gearbox Cooling: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
8. APAC Electric Coolant Pump Market Analysis - By Power
8.1 Overview
8.2 Electric Coolant Pump Market, By Power (2021 And 2028)
8.3 Below 100 W
8.3.1 Overview
8.3.2 Below 100 W: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
8.4 Above 100 W
8.4.1 Overview
8.4.2 Above 100 W: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
9. APAC Electric Coolant Pump Market Analysis - By Vehicle Type
9.1 Overview
9.2 Electric Coolant Pump Market, By Vehicle Type (2021 and 2028)
9.3 Passenger Cars
9.3.1 Overview
9.3.2 Passenger Cars: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
9.4 Light Commercial Vehicles
9.4.1 Overview
9.4.2 Light Commercial Vehicles: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
9.5 Heavy Commercial Vehicles
9.5.1 Overview
9.5.2 Heavy Commercial Vehicles: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
10. APAC Electric Coolant Pump Market Analysis - By Propulsion Type
10.1 Overview
10.2 Electric Coolant Pump Market, By Propulsion Type (2021 And 2028)
10.3 ICE
10.3.1 Overview
10.3.2 ICE: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
10.4 Electric
10.4.1 Overview
10.4.2 Electric: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
10.5 Hybrid
10.5.1 Overview
10.5.2 Hybrid: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
11. APAC Electric Coolant Pump Market Analysis - By Pump Type
11.1 Overview
11.2 Electric Coolant Pump Market, By Pump Type (2021 And 2028)
11.3 With ECU
11.3.1 Overview
11.3.2 With ECU: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
11.4 Without ECU
11.4.1 Overview
11.4.2 Without ECU: Electric Coolant Pump Market Revenue and Forecast To 2028 (US$ Million)
12. APAC Electric Coolant Pump Market - by Country Analysis
12.1 Asia Pacific: Electric Coolant Pump Market
12.1.1 Overview
12.1.2 Asia Pacific Electric Coolant Pump Market Breakdown, by Country
12.1.2.1 China Electric Coolant Pump Market, Revenue and Forecast to 2028
12.1.2.1.1 China Electric Coolant Pump Market Breakdown, By Application
12.1.2.1.2 China Electric Coolant Pump Market Breakdown, By Power
12.1.2.1.3 China Electric Coolant Pump Market Breakdown, By Vehicle Type
12.1.2.1.4 China Electric Coolant Pump Market Breakdown, By Propulsion Type
12.1.2.1.5 China Electric Coolant Pump Market Breakdown, By Pump Type
12.1.2.2 Japan Electric Coolant Pump Market, Revenue and Forecast to 2028
12.1.2.2.1 Japan Electric Coolant Pump Market Breakdown, By Application
12.1.2.2.2 Japan Electric Coolant Pump Market Breakdown, By Power
12.1.2.2.3 Japan Electric Coolant Pump Market Breakdown, By Vehicle Type
12.1.2.2.4 Japan Electric Coolant Pump Market Breakdown, By Propulsion Type
12.1.2.2.5 Japan Electric Coolant Pump Market Breakdown, By Pump Type
12.1.2.3 India Electric Coolant Pump Market, Revenue and Forecast to 2028
12.1.2.3.1 India Electric Coolant Pump Market Breakdown, By Application
12.1.2.3.2 India Electric Coolant Pump Market Breakdown, By Power
12.1.2.3.3 India Electric Coolant Pump Market Breakdown, By Vehicle Type
12.1.2.3.4 India Electric Coolant Pump Market Breakdown, By Propulsion Type
12.1.2.3.5 India Electric Coolant Pump Market Breakdown, By Pump Type
12.1.2.4 South Korea Electric Coolant Pump Market, Revenue and Forecast to 2028
12.1.2.4.1 South Korea Electric Coolant Pump Market Breakdown, By Application
12.1.2.4.2 South Korea Electric Coolant Pump Market Breakdown, By Power
12.1.2.4.3 South Korea Electric Coolant Pump Market Breakdown, By Vehicle Type
12.1.2.4.4 South Korea Electric Coolant Pump Market Breakdown, By Propulsion Type
12.1.2.4.5 South Korea Electric Coolant Pump Market Breakdown, By Pump Type
12.1.2.5 Australia Electric Coolant Pump Market, Revenue and Forecast to 2028
12.1.2.5.1 Australia Electric Coolant Pump Market Breakdown, By Application
12.1.2.5.2 Australia Electric Coolant Pump Market Breakdown, By Power
12.1.2.5.3 Australia Electric Coolant Pump Market Breakdown, By Vehicle Type
12.1.2.5.4 Australia Electric Coolant Pump Market Breakdown, By Propulsion Type
12.1.2.5.5 Australia Electric Coolant Pump Market Breakdown, By Pump Type
12.1.2.6 Rest of Asia Pacific Electric Coolant Pump Market, Revenue and Forecast to 2028
12.1.2.6.1 Rest of Asia Pacific Electric Coolant Pump Market Breakdown, By Application
12.1.2.6.2 Rest of Asia Pacific Electric Coolant Pump Market Breakdown, By Power
12.1.2.6.3 Rest of Asia Pacific Electric Coolant Pump Market Breakdown, By Vehicle Type
12.1.2.6.4 Rest of Asia Pacific Electric Coolant Pump Market Breakdown, By Propulsion Type
12.1.2.6.5 Rest of Asia Pacific Electric Coolant Pump Market Breakdown, By Pump Type
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Merger and Acquisition
14. Company Profiles
14.1 AISIN SEIKI Co.Ltd.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Continental AG
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Hanon Systems
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Hitachi Automotive Systems, LTD.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Johnson Electric Holdings Limited
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Mahle GmbH
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Rheinmetall Automotive AG
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Robert Bosch GmbH
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 GMB CORPORATION
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 VOVYO Technology Co., Ltd.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About the Publisher
15.2 Word Index
List of Tables
Table 1. APAC Electric coolant pump Market Revenue Forecast and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific Electric Coolant Pump Market, Revenue and Forecast To 2028 - By Country (US$ million)
Table 3. China Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 4. China Electric Coolant Pump Market, Volume and Forecast to 2028 - By Application (in Thousands)
Table 5. China Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Power (US$ million)
Table 6. China Electric Coolant Pump Market, Volume and Forecast to 2028 - By Power (in Thousands)
Table 7. China Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ million)
Table 8. China Electric Coolant Pump Market, Volume and Forecast to 2028 - By Vehicle Type (in Thousands)
Table 9. CHINA Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ million)
Table 10. China Electric Coolant Pump Market, Volume and Forecast to 2028 - By Propulsion Type (in Thousands)
Table 11. China Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Pump Type (US$ million)
Table 12. China Electric Coolant Pump Market, Volume and Forecast to 2028 - By Pump Type (in Thousands)
Table 13. Japan Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 14. Japan Electric Coolant Pump Market, Volume and Forecast to 2028 - By Application (in Thousands)
Table 15. Japan Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Power (US$ million)
Table 16. Japan Electric Coolant Pump Market, Volume and Forecast to 2028 - By Power (in Thousands)
Table 17. Japan Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ million)
Table 18. Japan Electric Coolant Pump Market, Volume and Forecast to 2028 - By Vehicle Type (in Thousands)
Table 19. JAPAN Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ million)
Table 20. Japan Electric Coolant Pump Market, Volume and Forecast to 2028 - By Propulsion Type (in Thousands)
Table 21. Japan Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Pump Type (US$ million)
Table 22. Japan Electric Coolant Pump Market, Volume and Forecast to 2028 - By Pump Type (in Thousands)
Table 23. India Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 24. India Electric Coolant Pump Market, Volume and Forecast to 2028 - By Application (in Thousands)
Table 25. India Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Power (US$ million)
Table 26. India Electric Coolant Pump Market, Volume and Forecast to 2028 - By Power (in Thousands)
Table 27. India Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ million)
Table 28. India Electric Coolant Pump Market, Volume and Forecast to 2028 - By Vehicle Type (in Thousands)
Table 29. INDIA Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ million)
Table 30. India Electric Coolant Pump Market, Volume and Forecast to 2028 - By Propulsion Type (in Thousands)
Table 31. India Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Pump Type (US$ million)
Table 32. India Electric Coolant Pump Market, Volume and Forecast to 2028 - By Pump Type (in Thousands)
Table 33. South Korea Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 34. South Korea Electric Coolant Pump Market, Volume and Forecast to 2028 - By Application (in Thousands)
Table 35. South Korea Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Power (US$ million)
Table 36. South Korea Electric Coolant Pump Market, Volume and Forecast to 2028 - By Power (in Thousands)
Table 37. South Korea Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ million)
Table 38. South Korea Electric Coolant Pump Market, Volume and Forecast to 2028 - By Vehicle Type (in Thousands)
Table 39. South Korea Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ million)
Table 40. South Korea Electric Coolant Pump Market, Volume and Forecast to 2028 - By Propulsion Type (in Thousands)
Table 41. South Korea Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Pump Type (US$ million)
Table 42. South Korea Electric Coolant Pump Market, Volume and Forecast to 2028 - By Pump Type (in Thousands)
Table 43. Australia Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 44. Australia Electric Coolant Pump Market, Volume and Forecast to 2028 - By Application (in Thousands)
Table 45. Australia Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Power (US$ million)
Table 46. Australia Electric Coolant Pump Market, Volume and Forecast to 2028 - By Power (in Thousands)
Table 47. Australia Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ million)
Table 48. Australia Electric Coolant Pump Market, Volume and Forecast to 2028 - By Vehicle Type (in Thousands)
Table 49. AUSTRALIA Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ million)
Table 50. Australia Electric Coolant Pump Market, Volume and Forecast to 2028 - By Propulsion Type (in Thousands)
Table 51. Australia Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Pump Type (US$ million)
Table 52. Australia Electric Coolant Pump Market, Volume and Forecast to 2028 - By Pump Type (in Thousands)
Table 53. Rest of Asia Pacific Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Application (US$ million)
Table 54. Rest of Asia Pacific Electric Coolant Pump Market, Volume and Forecast to 2028 - By Application (in Thousands)
Table 55. Rest of Asia Pacific Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Power (US$ million)
Table 56. Rest of Asia Pacific Electric Coolant Pump Market, Volume and Forecast to 2028 - By Power (in Thousands)
Table 57. Rest of Asia Pacific Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Vehicle Type (US$ million)
Table 58. Rest of Asia Pacific Electric Coolant Pump Market, Volume and Forecast to 2028 - By Vehicle Type (in Thousands)
Table 59. REST OF ASIA PACIFIC Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Propulsion Type (US$ million)
Table 60. Rest of Asia Pacific Electric Coolant Pump Market, Volume and Forecast to 2028 - By Propulsion Type (in Thousands)
Table 61. Rest of Asia Pacific Electric Coolant Pump Market, Revenue and Forecast to 2028 - By Pump Type (US$ million)
Table 62. Rest of Asia Pacific Electric Coolant Pump Market, Volume and Forecast to 2028 - By Pump Type (in Thousands)
Table 63. List of Abbreviation
List of Figures
Figure 1. APAC Electric Coolant Pump Market Segmentation
Figure 2. APAC Electric Coolant Pump Market Segmentation - By Country
Figure 3. APAC Electric Coolant Pump Market Overview
Figure 4. APAC Electric Coolant Pump Market, by Application
Figure 5. APAC Electric Coolant Pump Market, by Power
Figure 6. APAC Electric Coolant Pump Market, by Vehicle Type
Figure 7. APAC Electric Coolant Pump Market, by Propulsion Type
Figure 8. APAC Electric Coolant Pump Market, by Pump Type
Figure 9. APAC Electric Coolant Pump Market, by Country
Figure 10. APAC: PEST Analysis
Figure 11. APAC Electric Coolant Pump Market- Ecosystem Analysis
Figure 12. APAC Expert Opinion
Figure 13. APAC Electric Coolant Pump Market: Impact Analysis of Drivers and Restraints
Figure 14. APAC Electric coolant pump Market Revenue Forecast and Analysis (US$ Million)
Figure 15. APAC Electric Coolant Pump Market, By Application (2021 and 2028)
Figure 16. APAC Engine Cooling and HVAC: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC Battery and Power Electronics Cooling: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. APAC Gearbox Cooling: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. APAC Electric Coolant Pump Market, By Power (2021 and 2028)
Figure 20. APAC Below 100 W: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. APAC Above 100 W: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. APAC Electric Coolant Pump Market, By Vehicle Type (2021 and 2028)
Figure 23. APAC Passenger Cars: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. APAC Light Commercial Vehicles: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. APAC Heavy Commercial Vehicles: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. APAC Electric Coolant Pump Market, By Propulsion Type (2021 and 2028)
Figure 27. APAC ICE: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. APAC Electric: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. APAC Hybrid: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. APAC Electric Coolant Pump Market, By Pump Type (2021 and 2028)
Figure 31. APAC With ECU: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. APAC Without ECU: Electric Coolant Pump Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. Asia Pacific Electric Coolant Pump Market, by Country - Revenue (2021) (US$ Million)
Figure 34. Asia Pacific Electric Coolant Pump Market Breakdown, by Country, 2021 & 2028(%)
Figure 35. China Electric Coolant Pump Market, Revenue and Forecast to 2028 (US$ million)
Figure 36. Japan Electric Coolant Pump Market, Revenue and Forecast to 2028 (US$ million)
Figure 37. India Electric Coolant Pump Market, Revenue and Forecast to 2028 (US$ million)
Figure 38. South Korea Electric Coolant Pump Market, Revenue and Forecast to 2028 (US$ million)
Figure 39. Australia Electric Coolant Pump Market, Revenue and Forecast to 2028 (US$ million)
Figure 40. Rest of Asia Pacific Electric Coolant Pump Market, Revenue and Forecast to 2028 (US$ million)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aisin Seiki Co. Ltd.
- Continental AG
- Hanon Systems
- Hitachi Automotive Systems, LTD.
- Johnson Electric Holdings Limited
- Mahle GmbH
- Rheinmetall Automotive AG
- Robert Bosch GmbH
- GMB CORPORATION
- VOVYO Technology Co. Ltd
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 163 |
| Published | December 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 870.38 Million |
| Forecasted Market Value ( USD | $ 2307.06 Million |
| Compound Annual Growth Rate | 17.6% |
| Regions Covered | Asia Pacific |
