Automotive Electric Water Pump Market is predicted to reach USD 10.09 billion at a CAGR of 15.00% during the forecast period 2024-2032

Market Research Future (MRFR) has published on the “Global Automotive Electric Water Pump Market”.

The Automotive Electric Water Pump market is estimated to register a CAGR of 15.00% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Automotive Electric Water Pump market— Robert Bosch GmbH, Continental AG, Aisin Seiki Co., Ltd., Johnson Electric Holdings Limited, Mahle GmbH, Rheinmetall Automotive AG, KSPG AG, GMB Corporation, Davies Craig Pty Ltd, Aisin Group and Others.

Market Highlights

The global Automotive Electric Water Pump market is accounted for to register a CAGR of 15.00% during the forecast period and is estimated to reach USD 10.09 billion by 2032.

The Automotive Electric Water Pump market is experiencing growth due to several factors. Firstly, increasing concerns over fuel efficiency and emissions have prompted automakers to adopt electric water pumps, which offer improved energy efficiency compared to traditional mechanical pumps. Additionally, the rise of electric and hybrid vehicles has created a demand for electric water pumps to support cooling systems in these vehicles. Moreover, advancements in electric pump technology and expanding automotive production further drive market growth.

Browse In-depth Detailed Research Report [Table of Content, List of Figures, List of Tables] of Automotive Electric Water Pump market Trends

Segment Analysis

The global Automotive Electric Water Pump market has been segmented based on Voltage Type, Application, Propulsion, Vehicle Type, and Sales Channel.

On the basis of Voltage Type, the market is segmented into 12V and 24V. The 12V Voltage Type captured the largest market share in the Automotive Electric Water Pump Market in 2023 due to its compatibility with traditional automotive electrical systems. Most vehicles operate on a 12V electrical system, making 12V pumps the preferred choice for integration into existing vehicle architectures, driving their dominance in the market.

Based on Application, the global Automotive Electric Water Pump market has been segmented into Battery, Engine, Turbocharger, and Others. The Battery Application secured the largest market share in the Automotive Electric Water Pump Market in 2023 due to the increasing adoption of electric and hybrid vehicles. These vehicles rely on battery-powered systems, including water pumps, for cooling, making battery applications the predominant choice for integrating electric water pumps into automotive cooling systems.

Based on Propulsion, the global Automotive Electric Water Pump market has been segmented into IC Engine (Gasoline, Diesel) and Electric (Battery Electric, Hybrid/Plug-in Hybrid Electric, Fuel-Cell Electric). The IC Engine Propulsion claimed the largest market share in the Automotive Electric Water Pump Market in 2023 due to the continued dominance of internal combustion engine vehicles. These vehicles require efficient cooling systems, driving the demand for electric water pumps to improve engine performance and fuel efficiency, thus elevating their market share.

Based on Vehicle Type, the global Automotive Electric Water Pump market has been segmented into Passenger Vehicle (Hatchback, Sedan, SUVs), Light Commercial Vehicle, Heavy Duty Trucks and Buses & Coaches. The Passenger Vehicle Type secured the largest market share in the Automotive Electric Water Pump Market in 2023 due to the high volume of passenger vehicle production globally. These vehicles typically utilize electric water pumps for cooling systems, contributing to their significant market share within the automotive sector.

Based on the Sales Channel, the global Automotive Electric Water Pump market has been segmented into OEM and Aftermarket. The OEM Sales Channel claimed the largest market share in the Automotive Electric Water Pump Market in 2023 due to direct integration into new vehicle manufacturing. Original Equipment Manufacturers prioritize electric water pumps to enhance vehicle performance and fuel efficiency, driving their dominance in the market through direct inclusion in vehicle assembly processes.

Regional Analysis

The global Automotive Electric Water Pump market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Automotive Electric Water Pump market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Automotive Electric Water Pump market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Automotive Electric Water Pump market comprises the Middle East, Africa, and Latin America.

North America dominated the Automotive Electric Water Pump Market due to several factors. The region boasts a mature automotive industry with significant investments in advanced technologies. Moreover, stringent emission regulations and consumer demand for fuel-efficient vehicles drive the adoption of electric water pumps. Additionally, North American automakers prioritize innovation, leading to the widespread adoption of these pumps and solidifying the region's market leadership.

Europe secured the second largest market share in the Automotive Electric Water Pump Market due to its advanced automotive industry and stringent emission regulations. European automakers prioritize sustainability and efficiency, driving the adoption of electric water pumps. Moreover, the region's focus on electric and hybrid vehicles further boosts the demand for these pumps, consolidating Europe's position in the market.

Asia Pacific is experiencing the highest Compound Annual Growth Rate (CAGR) in the Automotive Electric Water Pump Market due to several factors. These include the rapid expansion of the automotive industry, increasing demand for electric and hybrid vehicles, and rising awareness about fuel efficiency and emissions reduction. Additionally, government initiatives promoting clean energy further accelerate the adoption of electric water pumps in the region.

Furthermore, the rest of the world's Automotive Electric Water Pump market is divided into the Middle East, Africa, and Latin America. The rest of the world is Experiencing growth in the Automotive Electric Water Pump market due to expanding automotive production and increasing adoption of electric and hybrid vehicles. Emerging markets outside major regions are experiencing rising demand for advanced automotive technologies, including electric water pumps, driving market growth in these regions.

Key Findings of the Study

• The global Automotive Electric Water Pump market is expected to reach USD 10.09 billion by 2032, at a CAGR of 15.00% during the forecast period.


• The Asia Pacific region is the fastest-growing in the Automotive Electric Water Pump market due to its expanding automotive industry, increasing adoption of electric vehicles, and supportive government policies promoting energy efficiency and emissions reduction.


• Based on Application, the Battery segment was attributed to holding the largest market in 2023.


• Robert Bosch GmbH, Continental AG, Aisin Seiki Co., Ltd., Johnson Electric Holdings Limited, Mahle GmbH, Rheinmetall Automotive AG, KSPG AG, GMB Corporation, Davies Craig Pty Ltd, and Aisin Group are the key market players.