Automotive Electric Water Pump Market Growth Analysis - Forecast Trends, Market Size, Share and Outlook (2025-2034)

The global automotive electric water pump market attained a value of over USD 4.05 Billion in 2024 . The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 14.30%, to reach more than USD 15.41 Billion by 2034 .

The Asia Pacific Region to Represent a Significant Share of the Automotive Electric Water Pump Industry

The Asia Pacific region accounts for a significant share of the automotive electric water pump industry owing to the rising demand for passenger cars. The market growth can also be attributed to the growing disposable incomes and the emergence of the middle-class population in developing countries like India and China, among others. As consumers are increasingly preferring passenger cars that optimise fuel usage, the deployment of automotive electric water pumps to prevent excessive use of fuels is growing, hence bolstering the industry growth.

Moreover, the introduction of various stringent government initiatives for emission controls from automobiles is propelling the market for automotive electric water pumps. With the emerging trend of green transportation, the demand for automotive electric water pumps is expected to grow and bolster the industry growth in the forecast period.

Automotive Electric Water Pump: Market Segmentation

An automotive electric water pump is a pump that transports coolant from the radiator to all the essential components of the powertrain. It is typically activated by battery and motor to manage volume flow required by engines. The pump operates by forcing coolant into the engine and absorbing the heat it generates. The hot coolant is then cooled and recirculated back into the engine through the radiator.

Market Breakup by Vehicle Type

• Passenger Cars
• Light Commercial Vehicles
• Electric Vehicles

Market Breakup by Pump Type

• 12V
• 24V

Market Breakup by Application

• Engine
• Turbocharger
• Battery
• Others

Market Breakup by Sales Channel

• OEMs
• Aftermarket

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Growing Demand for Fuel-Efficient Vehicles to Augment the Growth of the Automotive Electric Water Pump Industry

The increasing demand for automotive electric water pumps to reduce the fuel-efficiency and horsepower of automobiles is propelling the market growth. As automotive electric water pumps allow the manufacturer to control the amount of coolant that flows through the engine at different temperatures, it enhances the cooling requirements and efficiency of engines, hence driving the growth of the market. The growing preference for low-toxic and environment-friendly products and the increasing accessibility of sustainable vehicles are bolstering the growth of the automotive electric water pump industry.

With the integration of new technologies in the automotive sector, the development of innovative automotive electric water pumps is increasing. Moreover, such water pumps are durable and have excellent wear and tear properties, which is anticipated to augment the market growth in the forecast period.

Key Industry Players in the Global Automotive Electric Water Pump Market

The report presents a detailed analysis of the following key players in the global automotive electric water pump market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Schaeffler Technologies AG & Co. KG
• Continental AG
• Robert Bosch GmbH
• Rheinmetall Automotive AG
• Gates Corporation
• BLDC Pump Co., Ltd.
• Davies, Craig Pty Ltd
• Valeo SA
• Behr Hella Service GmbH
• Hanon Systems
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.