Electric Coolant Pumps Market, Share, Growth, Trends And Forecast To 2027: Dataintelo

Global Electric Coolant Pumps Market is valued to grow by 32.4 Million units, growing at a healthy CAGR of 40% over the forecast period 2020-2026. Growing adoption of electric vehicles, growing electrification of mechanical components and rise in the production of automobiles are key factors augmenting the market.

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Rise in use of electric coolant pumps in vehicles to cool down components such as batteries, cabins, electronic circuits, and power train systems is expected to drive the market growth. Increasing need to control the inner temperature of vehicle components to prevent internal damages is creating an irreplaceable place for the pumps and boosting their demand. The need for installation of electric coolant pumps and thermal management systems and integrated circuits is another factor driving the growth of the market.

Segments Covered in the Report

The global electric coolant pumps market has been segmented on the basis of vehicle types, power, and regions

By Vehicle Types

Passenger Vehicles
Commercial Vehicles
Autonomous & Semi-autonomous Vehicles
Electric Vehicles

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By Power

Less than 50W
50W–100W
100W–400W
More than 400W

By Regions

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

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