An automotive electric water pump is used to move the liquid (coolant) from one place to another. It transports the coolant from the radiator to all necessary parts in the drive train. An automatic electric water pump is a 12-volt or 24-volt electric coolant pump that uses centrifugal force to pressurize and circulate fluids such as water and coolant to assist the vehicle’s engine and batteries in dissipating heat . It is a crucial part of the cooling system in vehicles. Automotive electric coolant pumps are primarily used to cool vehicle engines, circulate hot air, regulate the heat of hydrogen fuel cells, turbochargers, charge air coolers, and operate battery thermal management systems. The globe Automotive Electric Water Pump Market is expected to advance at a substantial growth rate during the forecast period owing to the increasing adoption of electric vehicles hybrid electric vehicles. In addition, an increase in demand for fuel-efficient vehicles along with an increase in consumers’ purchasing power is expected to increase the market demand for automotive electric water pumps in the next few years. Stakeholders operating in the Automotive Electric Water Pumps market are gaining opportunities to add value in a global marketplace. Furthermore, an increasing focus by manufacturers on improving the quality of universal automotive electric water pump is expected to drive the global market over the forecast period.

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Increased demand for 12V electric water pumps for passenger cars

12V and 24V are the key market segments in the automotive electric water pump market based on voltage type. The 12V electric water pump segment accounted for a large share (~65%) of the automotive electric water pump market in 2021. The segment is expected to maintain its share and grow at a rate of more than 9.00% during the forecast period. The 24V electric water pump was quickly installed in all…