Automotive Electric Water Pump Market - Top Companies and Manufacturers

In the year 2024, the industry size of automotive electric water pump is evaluated at USD 3.92 Billion.

The automotive electric water pump market size was over USD 3.43 Billion in 2023 and is expected to exceed USD 19.27 Billion by the end of 2036, witnessing over 14.2% CAGR during the forecast period i.e., between 2024-2036. Growing sales of vehicles as well as the rising penetration of electric vehicles along with a surge in the demand for key battery minerals are some of the major factors anticipated to drive the growth of the market.

Asia Pacific is set to account for majority industry share by 2036, attributed to presence of a strong vehicle network in the region, growing production of vehicles, as well as the rising awareness amongst automobile manufacturers for fuel-efficient vehicles with advanced auto parts & components.

Schaeffler Group, Gates Corporation, Rheinmetall AG, Robert Bosch GmbH, Hitachi Inc., Behr Hella Service GmbH, Magna International Inc., ZF Friedrichshafen AG, Continental AG, BLDC Pump Co., Ltd.