電動クーラントポンプ市場 : 2030年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月

Electric Coolant Pump Market – Global Forecast to 2030

電動クーラントポンプ市場 : タイプ (シール型、シールレス)、シールレス (電気式、磁気式)、出力 (<150W、150-200W、>250W)、48V &電気自動車のタイプ、通信インターフェース (LIN、CAN、PWM)、用途&地域別 – 2030年までの世界予測
Electric Coolant Pump Market by Type (Sealed, Sealless), Sealless (Electrical, Magnetic), Power Output (<150W, 150-200 W, >250 W), 48V & Electric Vehicle Type, Communication Interface (LIN, CAN, PWM), Application and Region – Global Forecast to 2030

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Report Overview

The electric coolant pump market is estimated to grow from USD 1.9 billion in 2024 to USD 3.9 billion by 2030 at a CAGR of 12.8% during the forecast period.

電動クーラントポンプ市場は、予測期間中に12.8%のCAGRで2024年の19億米ドルから2030年までに39億米ドルに成長すると推定されています。

Electric coolant pumps help reduce emissions by reducing the engine load, thus improving fuel efficiency. Therefore, with the decreasing emission limits in the upcoming emission regulations and growing demand for hybrid & plug-in hybrid vehicles, the demand for electric coolant pumps is projected to grow. For instance, introducing Euro VI and China VI has pushed automakers to employ fuel-efficient technologies such as electric coolant pumps in their vehicles. However, relatively high costs and maintenance can hinder the overall growth of the electric coolant pump market.

電動クーラントポンプ市場 : 2030年までの世界予測

“<150 W electric coolant pump holds the largest market share during the forecast period”.

The market demand for <150 W electric coolant pumps is attributed to their compact cooling with low power consumption. Electric coolant pumps with a wattage range of <150 W are typically used in smaller vehicles or auxiliary cooling systems where lower power consumption and flow rates are sufficient. Rheinmetall Automotive classifies these pumps into two segments: 15 W and 50–150 W. The 15 W electric coolant pumps are used mainly for ancillary assembly cooling, air conditioning for ICE passenger vehicles, turbocharged engines, and cooling emission control systems. The 50–150 W electric coolant pumps are used for air conditioning in electric and hybrid vehicles, battery cooling, DC-DC converter, and power electronics cooling. Electric coolant pumps of <150 W wattage range are primarily installed in compact and mid-size electric passenger cars due to their lower power requirements, optimized thermal management systems, noise reduction, and cost-effectiveness. The demand for <150 W electric coolant pumps is higher in the Asia Pacific mainly due to the growing sales of economy electric vehicles in emerging economies of the region. Economy electric vehicles have less than 150 W electric coolant pumps for auxiliary applications, central battery cooling, and DC-AC converter cooling.

電動クーラントポンプ市場 : 2030年までの世界予測 ecosystem

“The 48 V mild hybrid vehicle market is analyzed as the largest segment for electric coolant pumps.”

The growing demand for high vehicle performance has led to the popularity of 48 V vehicles since these vehicles are highly effective despite capping voltages below a 60 V cut-off. 48 V systems can distribute power to EV components without causing Safety-Extra Low-Voltage (SELV) and minimizing copper losses. 48 V systems also allow four 12V batteries to be placed in series, eliminating the need for lead-acid batteries. Further, 48 V systems also benefit from providing increased power to the components without raising the current level. Due to increased power requirements, 48 V systems employ more electric coolant pumps than 12 V. 48 V mild-hybrid vehicle architecture, which is increasingly adopted in ICE vehicles. Hyundai Santa FE and KIA Sportage are examples of 48 V mild hybrid vehicles with turbodiesel engines. Europe is estimated to lead the most significant market during the forecast period due to increasing sales of 48 V hybrid passenger cars in the region. Additionally, considering the stringency in emission norms globally, 48 V hybrid systems demonstrate 28% fuel savings, a NOx reduction of 46%, and a particulate decrease of 93%. Thus, considering these factors, the demand for 48 V mild hybrid electric vehicles is expected to grow in the coming years, ultimately driving the demand for the electric coolant pump market.

“Sealless Electric coolant pump is the largest and fastest-growing segment during the Forecast Period.”

Sealless pumps are increasingly becoming popular as they eliminate the need for dynamic seals, reducing the wear and tear of the pump. This also eliminates the periodic seal replacement cost. As coolant leakage can be dangerous to EV components, sealless pumps provide increased safety to the vehicle. Also, the coupling between the motor and pump is easy and requires no alignment, making the installation convenient for sealless pumps. Thus, sealless electric coolant pumps exhibit high efficiency in reduced emissions and better reliability, making them particularly desirable for electric and hybrid vehicle models.
Furthermore, sealless electric coolants can be electrically/canned or magnetically driven, and electrically driven coolant pumps hold the prominent market due to their several technical benefits over mechanically driven pumps. Given the significant space occupied by batteries, automotive OEMs favor less expensive electric coolant pumps with their compact size. Thus, increasing sales of electric vehicles coupled with continuous research and developments in sealless electric pump technology to produce lower maintenance and leak-proof products, the sealless pump market is anticipated to remain dominant in the coming future.

“Europe accounted for the second largest electric coolant pump market during the forecast period.”

Europe is estimated to be the second largest electric coolant pump market after Asia Pacific, where Germany dominates the regional market. This is owing to the increasing demand for electric vehicles and the growing preference for premium cars fitted with electric coolant pumps. The presence of established OEMs such as BMW AG (Germany), Daimler AG (Germany), Fiat (Italy), PSA/Peugeot-Citroen (France), and Volkswagen Group (Germany) also drives the demand for electric coolant pumps in this region. The European region is an early adopter of regulations and mandates of automotive technologies. Thus, the penetration of electric coolant pumps in Europe is higher than in all other areas. The major drivers for the European electric pump market are the high focus on emission norms, rising demand for electric and luxury vehicles, and higher penetration of electric cars. Manufacturers are focusing their R&D activities on developing robust EVs, hybrid vehicles, and 48V mild hybrid vehicles, boosting the demand for electric coolant pumps in the region. The growing demand for EVs has prompted OEMs to partner with electric coolant pump manufacturers, which has led to the increased production of pumps and, thereby, market growth. Further, the region is mainly dominated by market players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Rheinmetall AG (Germany), Mahle GmbH (Germany), Schaeffler AG (Germany), Valeo SA (France), and Hella GmbH & Co. KgAa (Germany).

Breakdown of Primaries
In-depth interviews were conducted with CXOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
• By Company Type: Supply Side- 60%, Demand Side- 40%
• By Designation: C-Level Executives – 40%, Director Level– 30%, and Others – 30%
• By Region: North America – 30%, Europe – 20%, Asia Pacific- 50%,

電動クーラントポンプ市場 : 2030年までの世界予測 region
The electric coolant pump market is led by established players such as Robert Bosch GmbH (Germany), Continental AG (Germany), Rheinmetall AG (Germany), Mahle GmbH (Germany), Denso Corporation (Japan), Aisin Seiki., Co. Ltd. (Japan), Schaeffler AG (Germany), Hanon Systems (South Korea), and Gates Corporation (US). The study includes an in-depth competitive analysis of these key players in the electric coolant pump market with their company profiles, MnM view of the top five companies, recent developments, and key market strategies.

Research Coverage:

The electric coolant pump market is segmented by region (Asia Pacific, Europe, North America, and Rest of the World), wattage range (<150 W, 150 W, 200 W, 250 W, and >250 W), voltage type (12 V and 24 V), Application (Powertrain & HVAC, Battery & Power Electronics, and Gearbox Cooling), By Type (Sealed and Sealless), Sealless by Type (Magnetically Driven and Electrically/Canned Driven), ICE by vehicle type (passenger cars, light vans, full-size vans, pick-up trucks, medium-duty trucks, heavy-duty trucks, and buses), electric vehicle type (battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Electric vehicle use (e-passenger cars, e-light vans, e-full-size vans, e-pick-up trucks, e-medium-duty trucks, e-heavy-duty trucks, and e-buses), and communication interface (LIN, CAN, and CAM).
The study also includes an in-depth competitive analysis of the key players in the market along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
This report provides insights concerning the following points:

Country-level electric vehicle type-wise market: The report offers in-depth market sizing and forecasts for 2030 by electric vehicle types, such as battery electric vehicles (BEVs) and Plug-in hybrid vehicles (PHEVs). This study covers the market sizing for the electric coolant pump market at the country and regional levels.
By Electric Vehicle Use: The report offers in-depth market sizing and forecasts up to 2030 by electric vehicle use, such as e-passenger cars, e-light vans, e-full-size vans, e-pick-up trucks, e-medium-duty trucks, e-heavy-duty trucks, and e-buses at the regional level. In-depth analysis of different vehicle types at the regional level.
Sealless Electric Coolant Pump By Type: The report offers in-depth market sizing and forecasts up to 2030 by sealless electric coolant pump types, such as electrically/ canned driven and magnetically driven. The report provides market sizing and forecasting till 2030 by types, such as electrically/canned-driven and magnetically driven.
The report provides the “Market Share” of the leading electric coolant pump market players.
Market Development: The report provides comprehensive information about lucrative emerging markets for the electric coolant pump market across regions.
Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the electric coolant pump market.
Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the electric coolant pump market.

The report provides insights on the following pointers:

• Analysis of critical drivers (Technical benefits of electric coolant pumps over mechanical pumps, Technical benefits of electric coolant pumps over mechanical pumps, and Increasing sales of turbocharged engines), Restraints (Increasing sales of turbocharged engines and Complexity in integration with existing ICE vehicles), Opportunities (Complexity in integration with existing ICE vehicles and Developments in ceramic seal material), Challenges (Unreliability of electric coolant pumps)
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the electric coolant pump market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the electric coolant pump market across different regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric coolant pump market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Robert Bosch GmbH (Germany), Mahle GmbH (Germany), Rheinmetall AG (Germany), Continental AG (Germany), Denso Corporation (Japan), and Aisin Seiki., Co. Ltd (Japan) in the electric coolant pump market.

Table of Contents

1            INTRODUCTION            31

1.1         STUDY OBJECTIVES      31

1.2         MARKET DEFINITION   32

TABLE 1             ELECTRIC COOLANT PUMP MARKET DEFINITION, BY TYPE              32

1.2.1      INCLUSIONS AND EXCLUSIONS 32

TABLE 2             SEGMENT-WISE INCLUSIONS AND EXCLUSIONS             32

1.3         MARKET SCOPE             33

FIGURE 1           ELECTRIC COOLANT PUMP MARKET SEGMENTATION 33

1.3.1      REGIONS COVERED      34

1.3.2      YEARS CONSIDERED     34

1.4         CURRENCY CONSIDERED          34

TABLE 3             CURRENCY EXCHANGE RATES 35

1.5         STAKEHOLDERS            36

1.6         SUMMARY OF CHANGES            36

2            RESEARCH METHODOLOGY     37

2.1         RESEARCH DATA           37

FIGURE 2           ELECTRIC COOLANT PUMP MARKET: RESEARCH DESIGN              37

FIGURE 3           RESEARCH METHODOLOGY MODEL    38

2.1.1      SECONDARY DATA       39

2.1.2      LIST OF KEY SECONDARY SOURCES      39

2.1.2.1   Key data from secondary sources     40

2.1.3      PRIMARY DATA 41

FIGURE 4           BREAKDOWN OF PRIMARY INTERVIEWS            41

2.1.3.1   Sampling techniques & data collection methods           42

2.1.4      PRIMARY PARTICIPANTS           42

2.2         MARKET SIZE ESTIMATION       42

FIGURE 5           RESEARCH METHODOLOGY: HYPOTHESIS BUILDING  43

2.2.1      BOTTOM-UP APPROACH           44

FIGURE 6           BOTTOM-UP APPROACH: ELECTRIC COOLANT PUMP FOR ELECTRIC VEHICLES, BY VEHICLE TYPE AND VEHICLE USE       44

FIGURE 7           BOTTOM-UP APPROACH: ELECTRIC COOLANT PUMP MARKET FOR ICE VEHICLES      45

2.2.2      TOP-DOWN APPROACH             45

FIGURE 8           TOP-DOWN APPROACH: ELECTRIC COOLANT PUMP MARKET, BY APPLICATION           45

2.3         FACTOR ANALYSIS: DEMAND AND SUPPLY SIDES          46

2.4         FACTOR ANALYSIS        47

2.5         RECESSION IMPACT      47

2.6         MARKET BREAKDOWN AND DATA TRIANGULATION    48

FIGURE 9           DATA TRIANGULATION             48

2.6.1      GLOBAL ASSUMPTIONS             49

2.7         RESEARCH ASSUMPTIONS         49

2.8         RESEARCH LIMITATIONS           50

3            EXECUTIVE SUMMARY 51

3.1         REPORT SUMMARY       51

FIGURE 10         ELECTRIC COOLANT PUMP MARKET OUTLOOK            51

FIGURE 11         ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024 VS. 2030 (USD MILLION) 52

4            PREMIUM INSIGHTS      55

4.1         ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN ELECTRIC COOLANT PUMP MARKET         55

FIGURE 12         RISING DEMAND FOR ELECTRIC VEHICLES TO DRIVE MARKET              55

4.2         ELECTRIC COOLANT PUMP MARKET, BY WATTAGE RANGE      55

FIGURE 13         <150 W SEGMENT TO DOMINATE MARKET FROM 2024 TO 2030              55

4.3         ELECTRIC COOLANT PUMP MARKET, BY VOLTAGE TYPE          56

FIGURE 14         12 V SEGMENT TO LEAD MARKET DURING FORECAST PERIOD              56

4.4         ELECTRIC COOLANT PUMP MARKET, BY APPLICATION             56

FIGURE 15         BATTERY & POWER ELECTRONICS SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD    56

4.5         ELECTRIC COOLANT PUMP MARKET, BY TYPE 57

FIGURE 16         SEALLESS PUMPS TO LEAD MARKET DURING FORECAST PERIOD              57

4.6         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY TYPE           57

FIGURE 17         MAGNETICALLY DRIVEN SEGMENT TO REGISTER HIGHER CAGR THAN ELECTRICALLY DRIVEN SEGMENT DURING FORECAST PERIOD              57

4.7         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE              58

FIGURE 18         BEVS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD              58

4.8         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE USE              58

FIGURE 19         E-PASSENGER CARS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD    58

4.9         ELECTRIC COOLANT PUMP MARKET, BY ICE VEHICLE TYPE     59

FIGURE 20         48 V MILD HYBRID VEHICLES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD     59

4.10       ELECTRIC COOLANT PUMP MARKET, BY COMMUNICATION INTERFACE       59

FIGURE 21         LIN SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       59

4.11       ELECTRIC COOLANT PUMP MARKET, BY REGION          60

FIGURE 22         ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024      60

5            MARKET OVERVIEW     61

5.1         INTRODUCTION            61

5.2         MARKET DYNAMICS     62

FIGURE 23         ELECTRIC COOLANT PUMP MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    62

5.2.1      DRIVERS            62

5.2.1.1   Technical benefits of electric coolant pumps over mechanical pumps       62

TABLE 4             ELECTRIC COOLANT PUMPS VS. MECHANICAL COOLANT PUMPS 63

5.2.1.2   Stringent emission norms and rising electrification of vehicles   63

FIGURE 24         EMISSION STANDARDS IN DIFFERENT REGIONS/COUNTRIES              64

5.2.1.3   Increasing sales of turbocharged engines        64

FIGURE 25         GASOLINE TURBOCHARGED PASSENGER CARS, BY REGION, 2023 VS. 2028 (‘000 UNITS)          65

5.2.2      RESTRAINTS     65

5.2.2.1   High product and maintenance costs              65

5.2.2.2   Complexity in integration with existing ICE vehicles    65

5.2.3      OPPORTUNITIES           66

5.2.3.1   Advancements in electric coolant pump technology and strategic partnerships between OEMs    66

5.2.3.2   Developments in ceramic seal material          66

5.2.4      CHALLENGES   67

5.2.4.1   Complex design with different electronics leading to failure of electric coolant pumps    67

5.3         REVENUE SHIFT DRIVING MARKET GROWTH   67

FIGURE 26         REVENUE SHIFT AND NEW REVENUE POCKETS IN ELECTRIC COOLANT PUMP MARKET         67

5.4         ECOSYSTEM     68

FIGURE 27         ELECTRIC COOLANT PUMP MARKET: ECOSYSTEM MAPPING              68

5.5         TECHNOLOGY DEVELOPMENT 68

5.5.1      POWER TRENDS IN ELECTRIC COOLANT (WATER) PUMP INDUSTRY UP TO 800 V RANGE      68

5.5.2      ELECTRIC COOLANT PUMP, BY NON-SEALED PUMP MATERIAL              70

5.5.2.1   Shaft material      70

TABLE 5             RELATIVE CHARACTERISTICS OF STAINLESS-STEEL CLASSIFICATIONS         70

5.5.2.2   Bearing material  71

TABLE 6             PROPERTIES OF SILICON NITRIDE-BASED CERAMIC BALLS              71

5.6         SUPPLY CHAIN ANALYSIS          72

FIGURE 28         ELECTRIC COOLANT PUMP MARKET: SUPPLY CHAIN ANALYSIS          72

5.7         PATENT ANALYSIS        73

TABLE 7             ELECTRIC COOLANT PUMP MARKET: PATENT ANALYSIS              73

5.8         REGULATORY LANDSCAPE       76

5.8.1      LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          76

5.8.1.1   North America     76

TABLE 8             NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         76

5.8.1.2   Europe  77

TABLE 9             EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77

5.8.1.3   Asia Pacific          78

TABLE 10           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         78

5.9         TRADE ANALYSIS          79

5.9.1      IMPORT DATA 79

5.9.1.1   US         79

TABLE 11           US: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (IMPORT VALUE %)     79

5.9.1.2   Canada  79

TABLE 12           CANADA: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (IMPORT VALUE %)      79

5.9.1.3   China     80

TABLE 13           CHINA: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (IMPORT VALUE %)      80

5.9.1.4   Japan     80

TABLE 14           JAPAN: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (IMPORT VALUE %)      80

5.9.1.5   India      80

TABLE 15           INDIA: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (IMPORT VALUE %)      80

5.9.1.6   Germany             81

TABLE 16           GERMANY: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (IMPORT VALUE %)      81

5.9.1.7   France   81

TABLE 17           FRANCE: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (IMPORT VALUE %)      81

5.9.1.8   Spain     81

TABLE 18           SPAIN: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (IMPORT VALUE %)      81

5.9.1.9   UK         82

TABLE 19           UK: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (IMPORT VALUE %)     82

5.9.2      EXPORT DATA 82

5.9.2.1   US         82

TABLE 20           US: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (EXPORT VALUE %)     82

5.9.2.2   Canada  83

TABLE 21           CANADA: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (EXPORT VALUE %)      83

5.9.2.3   China     83

TABLE 22           CHINA: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (EXPORT VALUE %)      83

5.9.2.4   Japan     83

TABLE 23           JAPAN: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (EXPORT VALUE %)      83

5.9.2.5   India      84

TABLE 24           INDIA: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (EXPORT VALUE %)      84

5.9.2.6   Germany             84

TABLE 25           GERMANY: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (EXPORT VALUE %)      84

5.9.2.7   France   84

TABLE 26           FRANCE: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (EXPORT VALUE %)      84

5.9.2.8   Spain     85

TABLE 27           SPAIN: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (EXPORT VALUE %)      85

5.9.2.9   UK         85

TABLE 28           UK: COOLING MEDIUM PUMPS FOR INTERNAL COMBUSTION PISTON ENGINES, BY COUNTRY (EXPORT VALUE %)     85

5.10       KEY CONFERENCES AND EVENTS          86

TABLE 29           ELECTRIC COOLANT PUMP MARKET: LIST OF UPCOMING CONFERENCES AND EVENTS, 2024–2025             86

5.11       CASE STUDY     87

5.11.1    CASE STUDY 1: MODELON INC. INTEGRATING THERMAL MANAGEMENT SYSTEMS FOR ELECTRIC AND HYBRID VEHICLES           87

5.11.2    CASE STUDY 2: POWER TRANSMISSION SYSTEMS WITH ELECTRIC WATER PUMPS BY GATES CORPORATION         87

5.11.3    CASE STUDY 3: E-WATER PUMP SOLUTIONS OF CONCENTRIC AB              88

5.11.4    CASE STUDY 4: ENHANCED WATER PUMP DURABILITY AND PERFORMANCE OF ADVANCED TEST AND AUTOMATION INC. 88

5.12       KEY STAKEHOLDERS AND BUYING CRITERIA    89

FIGURE 29         KEY BUYING CRITERIA FOR ELECTRIC COOLANT PUMPS WITH CONTROLLERS VS. ELECTRIC COOLANT PUMPS WITHOUT CONTROLLERS              89

TABLE 30           KEY BUYING CRITERIA FOR ELECTRIC COOLANT PUMPS WITH CONTROLLERS VS. ELECTRIC COOLANT PUMPS WITHOUT CONTROLLERS              89

5.13       PRICING ANALYSIS        90

5.13.1    BY WATTAGE RANGE   90

TABLE 31           AUTOMOTIVE ELECTRIC COOLANT PUMP PRICE TREND, BY WATTAGE RANGE, 2022–2030    90

5.13.2    BY VOLTAGE TYPE        90

TABLE 32           AUTOMOTIVE ELECTRIC COOLANT PUMP PRICE TREND, BY VOLTAGE TYPE, 2022–2030        90

5.14       INVESTMENT AND FUNDING SCENARIO            91

FIGURE 30         INVESTMENT SCENARIO, 2019–2023       91

6            ELECTRIC COOLANT PUMP MARKET, BY WATTAGE RANGE      92

6.1         INTRODUCTION            93

FIGURE 31         ELECTRIC COOLANT PUMP MARKET, BY WATTAGE RANGE, 2024 VS. 2030 (USD MILLION)     93

TABLE 33           ELECTRIC COOLANT PUMP MARKET, BY WATTAGE RANGE, 2019–2023 (‘000 UNITS)  93

TABLE 34           ELECTRIC COOLANT PUMP MARKET, BY WATTAGE RANGE, 2024–2030 (‘000 UNITS)  94

TABLE 35           ELECTRIC COOLANT PUMP MARKET, BY WATTAGE RANGE, 2019–2023 (USD MILLION)          94

TABLE 36           ELECTRIC COOLANT PUMP MARKET, BY WATTAGE RANGE, 2024–2030 (USD MILLION)          94

6.2         <150 W 95

6.2.1      GROWING DEMAND FOR ELECTRIC COOLANT PUMPS IN ICE VEHICLES FOR AUXILIARY APPLICATIONS TO DRIVE MARKET  95

TABLE 37           <150 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)  95

TABLE 38           <150 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)  95

TABLE 39           <150 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)          95

TABLE 40           <150 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)          96

6.3         150 W    96

6.3.1      NEED FOR OPTIMAL COOLING SOLUTIONS FOR VARIOUS CAR MODELS TO DRIVE MARKET     96

TABLE 41           150 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)           96

TABLE 42           150 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)           97

TABLE 43           150 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)     97

TABLE 44           150 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)     97

6.4         200 W    98

6.4.1      EFFICIENT HEAT TRANSFER WITH HIGHER FLOW RATE TO BOOST DEMAND           98

TABLE 45           200 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)           98

TABLE 46           200 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)           98

TABLE 47           200 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)     99

TABLE 48           200 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)     99

6.5         250 W    99

6.5.1      RISING DEMAND FOR ENHANCED VEHICLE PERFORMANCE TO DRIVE MARKET            99

TABLE 49           250 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)           100

TABLE 50           250 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)           100

TABLE 51           250 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)     100

TABLE 52           250 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)     100

6.6         >250 W 101

6.6.1      REQUIREMENT FOR OPTIMAL COOLING SOLUTIONS IN VEHICLES TO DRIVE MARKET 101

TABLE 53           >250 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)  101

TABLE 54           >250 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)  101

TABLE 55           >250 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)          102

TABLE 56           >250 W: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)          102

6.7         INDUSTRY INSIGHTS    102

7            ELECTRIC COOLANT PUMP MARKET, BY VOLTAGE TYPE          103

7.1         INTRODUCTION            104

FIGURE 32         ELECTRIC COOLANT PUMP MARKET, BY VOLTAGE TYPE, 2024 VS. 2030 (USD MILLION)             104

TABLE 57           ELECTRIC COOLANT PUMP MARKET, BY VOLTAGE TYPE, 2019–2023 (‘000 UNITS)  104

TABLE 58           ELECTRIC COOLANT PUMP MARKET, BY VOLTAGE TYPE, 2024–2030 (‘000 UNITS)  104

TABLE 59           ELECTRIC COOLANT PUMP MARKET, BY VOLTAGE TYPE, 2019–2023 (USD MILLION)          105

TABLE 60           ELECTRIC COOLANT PUMP MARKET, BY VOLTAGE TYPE, 2024–2030 (USD MILLION)          105

7.2         12 V       105

7.2.1      DEMAND FOR EFFICIENT COOLING SYSTEMS TO DRIVE MARKET              105

TABLE 61           12 V: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)           106

TABLE 62           12 V: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)           106

TABLE 63           12 V: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)     106

TABLE 64           12 V: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)     106

7.3         24 V       107

7.3.1      NEED FOR MAXIMUM EFFICIENCY AND MINIMUM DOWNTIME TO DRIVE MARKET 107

TABLE 65           24 V: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)           107

TABLE 66           24 V: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)           107

TABLE 67           24 V: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)     108

TABLE 68           24 V: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)     108

7.4         INDUSTRY INSIGHTS    108

8            ELECTRIC COOLANT PUMP MARKET, BY APPLICATION             109

8.1         INTRODUCTION            110

FIGURE 33         ELECTRIC COOLANT PUMP MARKET, BY APPLICATION, 2024 VS. 2030 (USD MILLION)             110

TABLE 69           ELECTRIC COOLANT PUMP MARKET, BY APPLICATION, 2019–2023 (‘000 UNITS)           110

TABLE 70           ELECTRIC COOLANT PUMP MARKET, BY APPLICATION, 2024–2030 (‘000 UNITS)           111

TABLE 71           ELECTRIC COOLANT PUMP MARKET, BY APPLICATION, 2019–2023 (USD MILLION)     111

TABLE 72           ELECTRIC COOLANT PUMP MARKET, BY APPLICATION, 2024–2030 (USD MILLION)     111

8.2         POWERTRAIN & HVAC  111

8.2.1      GROWING USE OF ELECTRIC COOLANT PUMPS IN POWERTRAIN AND HVAC SYSTEMS TO DRIVE MARKET       111

TABLE 73           POWERTRAIN & HVAC: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)        112

TABLE 74           POWERTRAIN & HVAC: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)        112

TABLE 75           POWERTRAIN & HVAC: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)  112

TABLE 76           POWERTRAIN & HVAC: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)  113

8.3         BATTERY & POWER ELECTRONICS        113

8.3.1      GROWING FOCUS ON EFFICIENT BATTERY THERMAL MANAGEMENT TO DRIVE MARKET       113

TABLE 77           BATTERY & POWER ELECTRONICS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)       114

TABLE 78           BATTERY & POWER ELECTRONICS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)       114

TABLE 79           BATTERY & POWER ELECTRONICS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION) 114

TABLE 80           BATTERY & POWER ELECTRONICS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION) 115

8.4         GEARBOX COOLING     115

8.4.1      GROWING DEMAND FOR OPTIMIZED TRANSMISSION PERFORMANCE TO DRIVE MARKET       115

TABLE 81           GEARBOX COOLING: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             115

TABLE 82           GEARBOX COOLING: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             116

TABLE 83           GEARBOX COOLING: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       116

TABLE 84           GEARBOX COOLING: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       116

8.5         INDUSTRY INSIGHTS    117

9            ELECTRIC COOLANT PUMP MARKET, BY TYPE 118

9.1         INTRODUCTION            119

FIGURE 34         ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2024 VS. 2030 (USD MILLION) 119

TABLE 85           ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2019–2023 (‘000 UNITS) 119

TABLE 86           ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2024–2030 (‘000 UNITS) 119

TABLE 87           ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2019–2023 (USD MILLION)          120

TABLE 88           ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2024–2030 (USD MILLION)          120

9.2         SEALED COOLANT PUMPS        120

TABLE 89           SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)  120

TABLE 90           SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)  121

TABLE 91           SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)          121

TABLE 92           SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)          121

9.2.1      SEAL FACE MATERIALS 122

9.2.1.1   Carbon  122

9.2.1.1.1 Effective sealing performance to drive demand            122

TABLE 93           CARBON SEAL FACE: SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    122

TABLE 94           CARBON SEAL FACE: SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)    122

TABLE 95           CARBON SEAL FACE: SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            123

TABLE 96           CARBON SEAL FACE: SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            123

9.2.1.2   Ceramics             123

9.2.1.2.1 High strength and hardness with excellent thermal properties to drive demand              123

TABLE 97           CERAMIC SEAL FACE: SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    124

TABLE 98           CERAMIC SEAL FACE: SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)    124

TABLE 99           CERAMIC SEAL FACE: SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            124

TABLE 100         CERAMIC SEAL FACE: SEALED ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            125

9.3         SEALLESS COOLANT PUMPS     125

TABLE 101         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)  125

TABLE 102         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)  126

TABLE 103         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)          126

TABLE 104         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)          126

9.3.1      BEARING MATERIALS   127

9.3.1.1   Engineered plastics            127

9.3.1.1.1 Excellent performance, temperature resistance, and durability to drive demand              127

TABLE 105         ENGINEERED PLASTICS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    127

TABLE 106         ENGINEERED PLASTICS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)    128

TABLE 107         ENGINEERED PLASTICS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            128

TABLE 108         ENGINEERED PLASTICS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            128

9.3.1.2   Powdered metals 129

9.3.1.2.1 Inherent self-lubricating properties to drive demand    129

TABLE 109         POWDERED METALS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    129

TABLE 110         POWDERED METALS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)    129

TABLE 111         POWDERED METALS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            130

TABLE 112         POWDERED METALS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            130

9.3.1.3   Carbon bearings  130

9.3.1.3.1 Low friction coefficient and high wear resistance to drive demand           130

TABLE 113         CARBON BEARINGS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    131

TABLE 114         CARBON BEARINGS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)    131

TABLE 115         CARBON BEARINGS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            131

TABLE 116         CARBON BEARINGS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            132

9.3.2      SHAFT MATERIALS        132

9.3.2.1   Metals   132

9.3.2.1.1 Excellent resistance to corrosion to drive demand        132

TABLE 117         METALS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             133

TABLE 118         METALS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             133

TABLE 119         METALS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       133

TABLE 120         METALS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       134

9.3.2.2   Ceramics             134

9.3.2.2.1 Low thermal conductivity and high resistance to corrosion to drive demand              134

TABLE 121         CERAMICS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             134

TABLE 122         CERAMICS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             135

TABLE 123         CERAMICS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       135

TABLE 124         CERAMICS: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       135

9.4         INDUSTRY INSIGHTS    136

10          SEALLESS ELECTRIC COOLANT PUMP MARKET, BY TYPE           137

10.1       INTRODUCTION            138

FIGURE 35         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2024 VS. 2030 (USD MILLION)             138

TABLE 125         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2019–2023 (‘000 UNITS)           138

TABLE 126         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2024–2030 (‘000 UNITS)           138

TABLE 127         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2019–2023 (USD MILLION)     139

TABLE 128         SEALLESS ELECTRIC COOLANT PUMP MARKET, BY TYPE, 2024–2030 (USD MILLION)     139

10.2       MAGNETICALLY DRIVEN           139

10.2.1    NEED FOR OPTIMIZED PERFORMANCE TO DRIVE MARKET       139

TABLE 129         MAGNETICALLY DRIVEN: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)       140

TABLE 130         MAGNETICALLY DRIVEN: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)       140

TABLE 131         MAGNETICALLY DRIVEN: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION) 140

TABLE 132         MAGNETICALLY DRIVEN: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION) 141

10.3       ELECTRICALLY DRIVEN             141

10.3.1    HIGH EFFICIENCY AND REDUCED ENERGY CONSUMPTION TO DRIVE DEMAND           141

TABLE 133         ELECTRICALLY DRIVEN: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    141

TABLE 134         ELECTRICALLY DRIVEN: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)    142

TABLE 135         ELECTRICALLY DRIVEN: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            142

TABLE 136         ELECTRICALLY DRIVEN: SEALLESS ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            142

10.4       INDUSTRY INSIGHTS    143

11          ELECTRIC COOLANT PUMP MARKET, BY ICE VEHICLE TYPE     144

11.1       INTRODUCTION            145

FIGURE 36         ELECTRIC COOLANT PUMP MARKET, BY ICE VEHICLE TYPE, 2024 VS. 2030 (USD MILLION)     145

TABLE 137         ELECTRIC COOLANT PUMP MARKET, BY ICE VEHICLE TYPE, 2019–2023 (‘000 UNITS)  145

TABLE 138         ELECTRIC COOLANT PUMP MARKET, BY ICE VEHICLE TYPE, 2024–2030 (‘000 UNITS)  146

TABLE 139         ELECTRIC COOLANT PUMP MARKET, BY ICE VEHICLE TYPE, 2019–2023 (USD MILLION)          146

TABLE 140         ELECTRIC COOLANT PUMP MARKET, BY ICE VEHICLE TYPE, 2024–2030 (USD MILLION)          147

11.2       PASSENGER CARS          147

11.2.1    INCREASING SALES OF TURBOCHARGED PASSENGER CARS TO DRIVE MARKET            147

TABLE 141         PASSENGER CARS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)        148

TABLE 142         PASSENGER CARS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)        148

TABLE 143         PASSENGER CARS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)  148

TABLE 144         PASSENGER CARS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)  148

11.3       48 V MILD HYBRID VEHICLES    149

11.3.1    INCREASING SALES OF 48 V MILD HYBRID VEHICLES TO DRIVE MARKET            149

TABLE 145         48 V MILD HYBRID VEHICLES: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    149

TABLE 146         48 V MILD HYBRID VEHICLES: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)    149

TABLE 147         48 V MILD HYBRID VEHICLES: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            150

TABLE 148         48 V MILD HYBRID VEHICLES: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            150

11.4       MEDIUM-DUTY TRUCKS            150

11.4.1    EXISTING AND UPCOMING EMISSION REGULATIONS TO DRIVE MARKET            150

TABLE 149         MEDIUM-DUTY TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    151

TABLE 150         MEDIUM-DUTY TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (’000 UNITS)    151

TABLE 151         MEDIUM-DUTY TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            151

TABLE 152         MEDIUM-DUTY TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            151

11.5       HEAVY-DUTY TRUCKS 152

11.5.1    GROWTH IN CONSTRUCTION, INFRASTRUCTURE, AND TRANSPORTATION SECTORS TO DRIVE MARKET          152

TABLE 153         HEAVY-DUTY TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    152

TABLE 154         HEAVY-DUTY TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (’000 UNITS)    152

TABLE 155         HEAVY-DUTY TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            153

TABLE 156         HEAVY-DUTY TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            153

11.6       BUSES  153

11.6.1    INCREASING DEMAND FOR PUBLIC AND PRIVATE TRANSPORTATION TO DRIVE MARKET       153

TABLE 157         BUSES: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)  154

TABLE 158         BUSES: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)  154

TABLE 159         BUSES: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)          154

TABLE 160         BUSES: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)          154

11.7       LIGHT VANS     155

11.7.1    RISING LOGISTIC AND COURIER SERVICES TO DRIVE MARKET 155

TABLE 161         LIGHT VANS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             155

TABLE 162         LIGHT VANS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             155

TABLE 163         LIGHT VANS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       155

TABLE 164         LIGHT VANS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       156

11.8       FULL-SIZE VANS            156

11.8.1    DEMAND FOR OPTIMAL COOLING SOLUTIONS TO DRIVE MARKET              156

TABLE 165         FULL-SIZE VANS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             156

TABLE 166         FULL-SIZE VANS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             156

TABLE 167         FULL-SIZE VANS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       157

TABLE 168         FULL-SIZE VANS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       157

11.9       PICK-UP TRUCKS           157

11.9.1    GROWING DEMAND FUEL-EFFICIENT PICK-UP TRUCKS TO DRIVE MARKET            157

TABLE 169         PICK-UP TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             158

TABLE 170         PICK-UP TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             158

TABLE 171         PICK-UP TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       158

TABLE 172         PICK-UP TRUCKS: ICE ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       158

11.10     INDUSTRY INSIGHTS    159

12          ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE              160

12.1       INTRODUCTION            161

FIGURE 37         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024 VS. 2030 (USD MILLION)       161

TABLE 173         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)    161

TABLE 174         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)    162

TABLE 175         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)             162

TABLE 176         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)             162

12.2       BATTERY ELECTRIC VEHICLES (BEVS)  163

12.2.1    DRIVING RANGE EXTENSION TO INCREASE DEMAND FOR ELECTRIC COOLANT PUMPS         163

TABLE 177         BEVS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)           163

TABLE 178         BEVS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)           163

TABLE 179         BEVS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)     163

TABLE 180         BEVS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)     164

12.3       PLUG-IN HYBRID ELECTRIC VEHICLES (PHEVS)             164

12.3.1    DEMAND FOR OPTIMAL COOLING SOLUTIONS IN PLUG-IN HYBRID ELECTRIC VEHICLES TO DRIVE MARKET            164

TABLE 181         PHEVS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)  164

TABLE 182         PHEVS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)  165

TABLE 183         PHEVS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)          165

TABLE 184         PHEVS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)          165

12.4       INDUSTRY INSIGHTS    166

13          ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE USE              167

13.1       INTRODUCTION            168

FIGURE 38         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE USE, 2024 VS 2030           168

TABLE 185         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE USE, 2019–2023 (‘000 UNITS)       168

TABLE 186         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE USE, 2024–2030 (‘000 UNITS)       169

TABLE 187         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE USE, 2019–2023 (USD MILLION) 169

TABLE 188         ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE USE, 2024–2030 (USD MILLION) 170

13.2       E-PASSENGER CARS      170

13.2.1    FAVORABLE ELECTRIC REGULATIONS AND SUBSIDIES ACROSS REGIONS TO DRIVE MARKET    170

TABLE 189         E-PASSENGER CARS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             170

TABLE 190         E-PASSENGER CARS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             171

TABLE 191         E-PASSENGER CARS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       171

TABLE 192         E-PASSENGER CARS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       171

13.3       E-PICK-UP TRUCKS       172

13.3.1    GROWING DEMAND FOR EFFICIENT THERMAL MANAGEMENT TO DRIVE MARKET 172

TABLE 193         E-PICK-UP TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             172

TABLE 194         E-PICK-UP TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             172

TABLE 195         E-PICK-UP TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       173

TABLE 196         E-PICK-UP TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       173

13.4       E-LIGHT VANS 173

13.4.1    GROWING LOGISTICS AND COURIER INDUSTRIES TO DRIVE MARKET              173

TABLE 197         E-LIGHT VANS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             174

TABLE 198         E-LIGHT VANS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             174

TABLE 199         E-LIGHT VANS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       174

TABLE 200         E-LIGHT VANS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       175

13.5       E-FULL-SIZE VANS         175

13.5.1    DEMAND FOR OPTIMAL COOLING SOLUTIONS IN FULL-SIZE ELECTRIC VEHICLES TO DRIVE MARKET            175

TABLE 201         E-FULL-SIZE VANS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)             175

TABLE 202         E-FULL-SIZE VANS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)             176

TABLE 203         E-FULL-SIZE VANS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)       176

TABLE 204         E-FULL-SIZE VANS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)       176

13.6       E-MEDIUM-DUTY TRUCKS        177

13.6.1    MAXIMUM EFFICIENCY AND MINIMUM DOWNTIME TO DRIVE DEMAND           177

TABLE 205         E-MEDIUM-DUTY TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)    177

TABLE 206         E-MEDIUM-DUTY TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)    177

TABLE 207         E-MEDIUM-DUTY TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)            178

TABLE 208         E-MEDIUM-DUTY TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)            178

13.7       E- HEAVY-DUTY TRUCKS           178

13.7.1    GROWING DEMAND FOR CLEAN AND SUSTAINABLE TRANSPORTATION TO DRIVE MARKET 178

TABLE 209        E-HEAVY-DUTY TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)        179

TABLE 210        E-HEAVY-DUTY TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)        179

TABLE 211        E-HEAVY-DUTY TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)  179

TABLE 212        E-HEAVY-DUTY TRUCKS: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)  180

13.8       E-BUSES             180

13.8.1    GROWING DEMAND FOR EMISSION-FREE PUBLIC TRANSPORT TO DRIVE MARKET 180

TABLE 213         E-BUSES: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)  180

TABLE 214         E-BUSES: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)  181

TABLE 215         E-BUSES: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)          181

TABLE 216         E-BUSES: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)          181

13.9       INDUSTRY INSIGHTS    182

14          ELECTRIC COOLANT PUMP MARKET, BY COMMUNICATION INTERFACE       183

14.1       INTRODUCTION            184

FIGURE 39         ELECTRIC COOLANT PUMP MARKET, BY COMMUNICATION INTERFACE, 2024 VS. 2030 (USD MILLION)          184

TABLE 217         ELECTRIC COOLANT PUMP MARKET, BY COMMUNICATION INTERFACE, 2019–2023 (‘000 UNITS)       184

TABLE 218         ELECTRIC COOLANT PUMP MARKET, BY COMMUNICATION INTERFACE, 2024–2030 (‘000 UNITS)       185

TABLE 219         ELECTRIC COOLANT PUMP MARKET, BY COMMUNICATION INTERFACE, 2019–2023 (USD MILLION) 185

TABLE 220         ELECTRIC COOLANT PUMP MARKET, BY COMMUNICATION INTERFACE, 2024–2030 (USD MILLION) 185

14.2       LIN        186

14.2.1    RISING DEMAND FOR REAL-TIME FEEDBACK TO DRIVE MARKET              186

TABLE 221         LIN: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)           186

TABLE 222         LIN: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)           186

TABLE 223         LIN: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)     187

TABLE 224         LIN: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)     187

14.3       CAN      187

14.3.1    TECHNICAL ADVANTAGES TO DRIVE DEMAND             187

TABLE 225         CAN: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)           188

TABLE 226         CAN: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)           188

TABLE 227         CAN: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)     188

TABLE 228         CAN: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)     188

14.4       PWM     189

14.4.1    SEAMLESSLY INTEGRATION WITH VEHICLE COMMUNICATION NETWORKS TO DRIVE DEMAND            189

TABLE 229         PWM: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)           189

TABLE 230         PWM: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)           189

TABLE 231         PWM: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION)     190

TABLE 232         PWM: ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION)     190

14.5       INDUSTRY INSIGHTS    190

15          ELECTRIC COOLANT PUMP MARKET, BY REGION          191

15.1       INTRODUCTION            192

FIGURE 40         ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024 VS. 2030 (USD MILLION) 192

TABLE 233         ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (‘000 UNITS)      193

TABLE 234         ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (‘000 UNITS)      193

TABLE 235         ELECTRIC COOLANT PUMP MARKET, BY REGION, 2019–2023 (USD MILLION) 193

TABLE 236         ELECTRIC COOLANT PUMP MARKET, BY REGION, 2024–2030 (USD MILLION) 193

15.2       ASIA PACIFIC    194

15.2.1    RECESSION IMPACT      194

FIGURE 41         ASIA PACIFIC: ELECTRIC COOLANT PUMP MARKET SNAPSHOT        195

TABLE 237         ASIA PACIFIC: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2019–2023 (‘000 UNITS)          195

TABLE 238         ASIA PACIFIC: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024–2030 (‘000 UNITS)          196

TABLE 239         ASIA PACIFIC: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2019–2023 (USD MILLION)    196

TABLE 240         ASIA PACIFIC: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024–2030 (USD MILLION)    196

15.2.2    CHINA  197

15.2.2.1 Increasing sales of battery electric vehicles to drive market        197

TABLE 241         CHINA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  197

TABLE 242         CHINA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  197

TABLE 243         CHINA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          197

TABLE 244         CHINA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          198

15.2.3    INDIA   198

15.2.3.1 Introduction of BS-VI norms to drive market 198

TABLE 245         INDIA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  198

TABLE 246         INDIA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  199

TABLE 247         INDIA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          199

TABLE 248         INDIA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          199

15.2.4    JAPAN  199

15.2.4.1 Growing popularity of hybrid vehicle models to drive market     199

TABLE 249         JAPAN: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  200

TABLE 250         JAPAN: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  200

TABLE 251         JAPAN: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          200

TABLE 252         JAPAN: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          200

15.2.5    SOUTH KOREA 201

15.2.5.1 Increasing sales of hybrid cars to drive market             201

TABLE 253         SOUTH KOREA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)           201

TABLE 254         SOUTH KOREA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)           201

TABLE 255         SOUTH KOREA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)     201

TABLE 256         SOUTH KOREA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)     202

15.2.6    REST OF ASIA PACIFIC  202

TABLE 257         REST OF ASIA PACIFIC: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)     202

TABLE 258         REST OF ASIA PACIFIC: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)     203

TABLE 259         REST OF ASIA PACIFIC: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)             203

TABLE 260         REST OF ASIA PACIFIC: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)             203

15.3       EUROPE             204

15.3.1    RECESSION IMPACT      204

FIGURE 42         EUROPE: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024 VS. 2030     205

TABLE 261         EUROPE: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2019–2023 (‘000 UNITS)  205

TABLE 262         EUROPE: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024–2030 (‘000 UNITS)  206

TABLE 263         EUROPE: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2019–2023 (USD MILLION)          206

TABLE 264         EUROPE: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024–2030 (USD MILLION)          207

15.3.2    GERMANY         208

15.3.2.1 Growing demand for premium vehicles to drive market             208

TABLE 265         GERMANY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  208

TABLE 266         GERMANY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  208

TABLE 267         GERMANY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          208

TABLE 268         GERMANY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          209

15.3.3    FRANCE             209

15.3.3.1 Investment by domestic automakers to strengthen electric vehicle production capacity to drive market     209

TABLE 269         FRANCE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  209

TABLE 270         FRANCE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  210

TABLE 271         FRANCE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          210

TABLE 272         FRANCE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          210

15.3.4    NETHERLANDS 211

15.3.4.1 Collaborations with foreign automotive OEMs to drive market  211

TABLE 273         NETHERLANDS: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)           211

TABLE 274         NETHERLANDS: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)           211

TABLE 275         NETHERLANDS: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)     211

TABLE 276         NETHERLANDS: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)     212

15.3.5    NORWAY           212

15.3.5.1 Increasing adoption of electric vehicles to drive market 212

TABLE 277         NORWAY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  212

TABLE 278         NORWAY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  212

TABLE 279         NORWAY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          213

TABLE 280         NORWAY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          213

15.3.6    SWEDEN            213

15.3.6.1 Government initiatives to build robust charging infrastructure to drive market              213

TABLE 281         SWEDEN: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  213

TABLE 282         SWEDEN: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  214

TABLE 283         SWEDEN: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          214

TABLE 284         SWEDEN: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          214

15.3.7    ITALY   214

15.3.7.1 Presence of premium vehicle manufacturers to drive market      214

TABLE 285         ITALY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  215

TABLE 286         ITALY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  215

TABLE 287         ITALY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          215

TABLE 288         ITALY: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          215

15.3.8    UK         216

15.3.8.1 Increasing domestic production of components for electric vehicles to drive market              216

TABLE 289         UK: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  216

TABLE 290         UK: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  216

TABLE 291         UK: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          216

TABLE 292         UK: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          217

15.3.9    SWITZERLAND 217

15.3.9.1 Growing focus on expanding electric vehicle charging infrastructure to drive market   217

TABLE 293         SWITZERLAND: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)           217

TABLE 294         SWITZERLAND: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)           218

TABLE 295         SWITZERLAND: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)     218

TABLE 296         SWITZERLAND: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)     218

15.3.10  REST OF EUROPE           218

TABLE 297         REST OF EUROPE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)           219

TABLE 298         REST OF EUROPE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)           219

TABLE 299         REST OF EUROPE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)     219

TABLE 300         REST OF EUROPE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)     219

15.4       NORTH AMERICA          220

15.4.1    RECESSION IMPACT      220

FIGURE 43         NORTH AMERICA: ELECTRIC COOLANT PUMP MARKET SNAPSHOT        221

TABLE 301         NORTH AMERICA: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2019–2023 (‘000 UNITS)          221

TABLE 302         NORTH AMERICA: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024–2030 (‘000 UNITS)          222

TABLE 303         NORTH AMERICA: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2019–2023 (USD MILLION)    222

TABLE 304         NORTH AMERICA: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024–2030 (USD MILLION)    222

15.4.2    US         222

15.4.2.1 Growing popularity of premium electric vehicles and continuous new hybrid model launches to drive market        222

TABLE 305         US: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  223

TABLE 306         US: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  223

TABLE 307         US: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          223

TABLE 308         US: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          224

15.4.3    CANADA            224

15.4.3.1 Tax rebates on electric vehicles and government efforts to build national charging networks to drive market   224

TABLE 309         CANADA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  224

TABLE 310         CANADA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  225

TABLE 311         CANADA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          225

TABLE 312         CANADA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          225

15.5       REST OF THE WORLD   226

15.5.1    RECESSION IMPACT      226

FIGURE 44         REST OF THE WORLD: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024 VS. 2030 (USD MILLION)       226

TABLE 313         REST OF THE WORLD: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2019–2023 (‘000 UNITS)    227

TABLE 314         REST OF THE WORLD: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024–2030 (‘000 UNITS)    227

TABLE 315         REST OF THE WORLD: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2019–2023 (USD MILLION)            227

TABLE 316         REST OF THE WORLD: ELECTRIC COOLANT PUMP MARKET, BY COUNTRY, 2024–2030 (USD MILLION)            227

15.5.2    UAE      228

15.5.2.1 Establishment of local manufacturing plants for electric coolant pump components to drive market    228

TABLE 317         UAE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  228

TABLE 318         UAE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  228

TABLE 319         UAE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          229

TABLE 320         UAE: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          229

15.5.3    SOUTH AFRICA 229

15.5.3.1 Tax discounts on electric vehicles and government efforts to establish national charging networks to drive market   229

TABLE 321         SOUTH AFRICA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)           229

TABLE 322         SOUTH AFRICA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)           230

TABLE 323         SOUTH AFRICA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)     230

TABLE 324         SOUTH AFRICA: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)     230

15.5.4    OTHERS             231

TABLE 325         OTHERS: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (‘000 UNITS)  231

TABLE 326         OTHERS: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (‘000 UNITS)  231

TABLE 327         OTHERS: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2019–2023 (USD MILLION)          231

TABLE 328         OTHERS: ELECTRIC COOLANT PUMP MARKET, BY ELECTRIC VEHICLE TYPE, 2024–2030 (USD MILLION)          232

15.6       INDUSTRY INSIGHTS    232

16          COMPETITIVE LANDSCAPE       233

16.1       OVERVIEW        233

16.2       MARKET RANKING ANALYSIS, BY REGION, 2023 233

16.2.1    ASIA PACIFIC    233

FIGURE 45         ASIA PACIFIC: MARKET RANKING ANALYSIS, 2023          233

16.2.2    EUROPE             234

FIGURE 46         EUROPE: MARKET RANKING ANALYSIS, 2023     234

16.2.3    NORTH AMERICA          234

FIGURE 47         NORTH AMERICA: MARKET RANKING ANALYSIS, 2023   234

16.3       MARKET SHARE ANALYSIS, 2023             235

TABLE 329         ELECTRIC COOLANT PUMP MARKET SHARE ANALYSIS OF LEADING COMPANIES, 2023      235

FIGURE 48         ELECTRIC COOLANT PUMP MARKET SHARE ANALYSIS OF LEADING COMPANIES, 2023      235

16.4       REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 236

FIGURE 49         TOP PUBLIC/LISTED PLAYERS DOMINATING ELECTRIC COOLANT PUMP MARKET DURING LAST 3 YEARS          236

16.5       COMPANY EVALUATION MATRIX          238

16.5.1    STARS  238

16.5.2    EMERGING LEADERS    238

16.5.3    PERVASIVE PLAYERS     238

16.5.4    PARTICIPANTS 238

FIGURE 50         ELECTRIC COOLANT PUMP MARKET: COMPANY EVALUATION MATRIX, 2023    239

16.5.5    COMPANY FOOTPRINT 240

FIGURE 51         ELECTRIC COOLANT PUMP MARKET: COMPANY FOOTPRINT, 2023      240

TABLE 330         ELECTRIC COOLANT PUMP MARKET: VEHICLE TYPE FOOTPRINT, 2023          241

TABLE 331         ELECTRIC COOLANT PUMP MARKET: APPLICATION FOOTPRINT, 2023          242

TABLE 332         ELECTRIC COOLANT PUMP MARKET: REGION FOOTPRINT, 2023      243

16.6       COMPETITIVE SCENARIO          244

16.6.1    PRODUCT LAUNCHES/DEVELOPMENTS            244

TABLE 333         ELECTRIC COOLANT PUMP MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, FEBRUARY 2019–FEBRUARY 2024 244

16.6.2    DEALS  246

TABLE 334         ELECTRIC COOLANT PUMP MARKET: DEALS, JANUARY 2019–MARCH 2023     246

16.6.3    EXPANSIONS    247

TABLE 335         ELECTRIC COOLANT PUMP MARKET: EXPANSIONS, JUNE 2020–MARCH 2022          247

16.6.4    OTHER DEVELOPMENTS           248

TABLE 336         ELECTRIC COOLANT PUMP MARKET: OTHER DEVELOPMENTS, OCTOBER 2019–DECEMBER 2023        248

16.7       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2019–2024     249

TABLE 337         COMPANIES ADOPTED NEW PRODUCT DEVELOPMENTS AND EXPANSIONS AS KEY GROWTH STRATEGIES, 2019–2024 250

16.8       COMPANY VALUATION AND FINANCIAL METRICS        252

FIGURE 52         COMPANY VALUATION OF TOP 5 PLAYERS       252

FIGURE 53         FINANCIAL METRICS OF TOP 5 PLAYERS            252

FIGURE 54         BRAND VALUATION OF TOP 5 PLAYERS             253

17          COMPANY PROFILES    254

(Business overview, Products offered, Recent developments & MnM View)*

17.1       KEY PLAYERS   254

17.1.1    CONTINENTAL AG        254

TABLE 338         CONTINENTAL AG: COMPANY OVERVIEW         254

FIGURE 55         CONTINENTAL AG: COMPANY SNAPSHOT        255

TABLE 339         CONTINENTAL AG: PRODUCTS OFFERED          255

TABLE 340         CONTINENTAL AG: PRODUCT LAUNCHES/DEVELOPMENTS              256

17.1.2    ROBERT BOSCH GMBH 258

TABLE 341         ROBERT BOSCH GMBH: COMPANY OVERVIEW 258

FIGURE 56         ROBERT BOSCH GMBH: COMPANY SNAPSHOT 259

TABLE 342         ROBERT BOSCH GMBH: PRODUCTS OFFERED  259

TABLE 343         ROBERT BOSCH GMBH: PRODUCT LAUNCHES/DEVELOPMENTS   260

17.1.3    RHEINMETALL AG        262

TABLE 344         RHEINMETALL AG: COMPANY OVERVIEW         262

FIGURE 57         RHEINMETALL AG: COMPANY SNAPSHOT         263

TABLE 345         RHEINMETALL AG: PRODUCTS OFFERED          263

TABLE 346         RHEINMETALL AG: PRODUCT LAUNCHES/DEVELOPMENTS              264

TABLE 347         RHEINMETALL AG: OTHER DEVELOPMENTS    265

17.1.4    MAHLE GMBH  267

TABLE 348         MAHLE GMBH: COMPANY OVERVIEW   267

FIGURE 58         MAHLE GMBH: COMPANY SNAPSHOT  268

TABLE 349         MAHLE GMBH: PRODUCTS OFFERED   268

TABLE 350         MAHLE GMBH: PRODUCT LAUNCHES/DEVELOPMENTS              269

TABLE 351         MAHLE GMBH: DEALS  269

TABLE 352         MAHLE GMBH: EXPANSIONS     270

17.1.5    DENSO CORPORATION 272

TABLE 353         DENSO CORPORATION: COMPANY OVERVIEW 272

FIGURE 59         DENSO CORPORATION: COMPANY SNAPSHOT 273

TABLE 354         DENSO CORPORATION: PRODUCTS OFFERED  274

TABLE 355         DENSO CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS   274

TABLE 356         DENSO CORPORATION: DEALS 275

TABLE 357         DENSO CORPORATION: EXPANSIONS   275

17.1.6    AISIN SEIKI CO., LTD.    277

TABLE 358         AISIN SEIKI CO., LTD.: COMPANY OVERVIEW    277

FIGURE 60         AISIN SEIKI CO., LTD.: COMPANY SNAPSHOT    278

TABLE 359         AISIN SEIKI CO., LTD.: PRODUCTS OFFERED     279

TABLE 360         AISIN SEIKI CO., LTD.: DEALS    280

TABLE 361         AISIN SEIKI CO., LTD.: OTHER DEVELOPMENTS             280

17.1.7    CONCENTRIC AB           281

TABLE 362         CONCENTRIC AB: COMPANY OVERVIEW            281

FIGURE 61         CONCENTRIC AB: COMPANY SNAPSHOT           282

TABLE 363         CONCENTRIC AB: PRODUCTS OFFERED             282

TABLE 364         CONCENTRIC AB: OTHER DEVELOPMENTS       283

17.1.8    SCHAEFFLER AG            284

TABLE 365         SCHAEFFLER AG: COMPANY OVERVIEW             284

FIGURE 62         SCHAEFFLER AG: COMPANY SNAPSHOT            285

TABLE 366         SCHAEFFLER AG: PRODUCTS OFFERED 285

TABLE 367         SCHAEFFLER AG: PRODUCT LAUNCHES/DEVELOPMENTS              286

17.1.9    HELLA GMBH & CO. KGAA         287

TABLE 368         HELLA GMBH & CO. KGAA: COMPANY OVERVIEW          287

FIGURE 63         HELLA GMBH & CO. KGAA: COMPANY SNAPSHOT         288

TABLE 369         HELLA GMBH & CO. KGAA: PRODUCTS OFFERED          288

TABLE 370         HELLA GMBH & CO. KGAA: PRODUCT LAUNCHES/DEVELOPMENTS   289

17.1.10  GATES CORPORATION 290

TABLE 371         GATES CORPORATION: COMPANY OVERVIEW  290

FIGURE 64         GATES CORPORATION: COMPANY SNAPSHOT 291

TABLE 372         GATES CORPORATION: PRODUCTS OFFERED  291

TABLE 373         GATES CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS   292

17.1.11  HANON SYSTEMS          293

TABLE 374         HANON SYSTEMS: COMPANY OVERVIEW           293

FIGURE 65         HANON SYSTEMS: COMPANY SNAPSHOT           293

TABLE 375         HANON SYSTEMS: PRODUCTS OFFERED            294

TABLE 376         HANON SYSTEMS: EXPANSIONS             294

*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.

17.2       OTHER PLAYERS           295

17.2.1    VOVYO TECHNOLOGY CO., LTD.           295

TABLE 377         VOVYO TECHNOLOGY CO., LTD.: COMPANY OVERVIEW              295

17.2.2    TOPS INDUSTRY & TECHNOLOGY CO., LTD.     296

TABLE 378         TOPS INDUSTRY & TECHNOLOGY CO., LTD.: COMPANY OVERVIEW        296

17.2.3    BÜHLER MOTOR GMBH             297

TABLE 379         BÜHLER MOTOR GMBH: COMPANY OVERVIEW 297

17.2.4    DAVIES CRAIG  298

TABLE 380         DAVIES CRAIG: COMPANY OVERVIEW  298

17.2.5    VALEO SA.         299

TABLE 381         VALEO SA: COMPANY OVERVIEW          299

17.2.6    NTN CORPORATION     300

TABLE 382         NTN CORPORATION: COMPANY OVERVIEW     300

17.2.7    CARTER FUEL SYSTEMS, LLC    301

TABLE 383         CARTER FUEL SYSTEMS, LLC: COMPANY OVERVIEW     301

17.2.8    GMB CORPORATION    302

TABLE 384         GMB CORPORATION: COMPANY OVERVIEW     302

17.2.9    INDUSTRIE SALERI ITALO S.P.A.             303

TABLE 385         INDUSTRIE SALERI ITALO S.P.A.: COMPANY OVERVIEW 303

17.2.10  GRAYSON THERMAL SYSTEMS 304

TABLE 386         GRAYSON THERMAL SYSTEMS: COMPANY OVERVIEW  304

17.2.11  SHW AG             305

TABLE 387         SHW AG: COMPANY OVERVIEW 305

17.2.12  EMP CORP         306

TABLE 388         EMP CORP: COMPANY OVERVIEW         306

17.2.13  SLPT     307

TABLE 389         SLPT: COMPANY OVERVIEW     307

17.2.14  HITACHI ASTEMO, LTD.             308

TABLE 390         HITACHI ASTEMO, LTD.: COMPANY OVERVIEW             308

17.2.15  SANHUA AUTOMOTIVE             309

TABLE 391         SANHUA AUTOMOTIVE: COMPANY OVERVIEW 309

18          RECOMMENDATIONS FROM MARKETSANDMARKETS   310

18.1       ASIA PACIFIC TO BE ATTRACTIVE MARKET FOR ELECTRIC COOLANT PUMP MANUFACTURERS           310

18.2       COMPANIES SHOULD INCREASE FOCUS ON MATERIAL TRENDS              310

18.3       PENETRATION OF ELECTRIC COOLANT PUMPS IN ICE VEHICLES              311

18.4       CONCLUSION   311

19          APPENDIX         312

19.1       INSIGHTS FROM INDUSTRY EXPERTS   312

19.2       DISCUSSION GUIDE      312

19.3       CUSTOMIZATION OPTIONS      316

19.3.1   ELECTRIC COOLANT PUMP MARKET FOR ELECTRIC PASSENGER CARS, BY VEHICLE TYPE         316

19.3.1.1 BEVs     316

19.3.1.2 PHEVs  316

19.3.2    ELECTRIC COOLANT PUMP MARKET FOR ELECTRIC COMMERCIAL VEHICLES, BY VEHICLE TYPE    316

19.3.2.1 BEVs     316

19.3.2.2 PHEVs  316

19.3.3    ELECTRIC COOLANT PUMP MARKET FOR BY 48 V PASSENGER CARS, BY REGION        316

19.3.3.1 Asia Pacific          316

19.3.3.2 Europe  316

19.3.3.3 North America     316

19.3.3.4 Rest of the World 316

19.4       RELATED REPORTS       317

19.5       AUTHOR DETAILS         318