Electric Water Pump Market Growth, Size, Trends, Demand, Revenue Challenges and Future Outlook
Electric Water Pump Market Size- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2023 | Report ID: POAE2371 | Pages: 1 - 244 | Formats*: |
| Category : Power & Energy | |||
Electric Water Pump Market Introduction and Overview
According to SPER Market Research, the Global Electric Water Pump Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the Global Electric Water Pump Market, including market size and trends, product mix, Applications, and supplier analysis. An electric water pump is a device that uses electricity to move water from one location to another. The fluids are forced via a number of electrically or battery-powered valves, impellers, and other components for it to work. Electric water pumps have gained popularity because they are more cost-effective, environmentally friendly, and efficient than traditional non-electric water pumps.
- In 2020, Robert Bosch GmbH unveiled a line of cutting-edge electric water pumps for petrol engines with turbochargers. These pumps perform more effectively and consume less energy than conventional ones, claims the maker.
- 2021: For use in cooling and heating systems for automobiles, trucks, and other commercial and industrial vehicles, Continental AG presented a variety of electric water pumps in 2021. The manufacturer claims that these pumps are efficient, suitable for urban settings, and low-noise.
- 2022: In order to be used in commercial, industrial, and automotive contexts, Johnson Electric plans to release a variety of electric water pumps in 2022. These pumps are designed to operate better and with less energy, claims the manufacturer.
Market Opportunities and Challenges
Due to the increasing need for energy-efficient pumps, there is a need for the market for electric water pumps. Electric water pumps are used to boost power output, lower greenhouse gas emissions, and enhance the dependability and performance of engines. Additionally, electric water pumps are more compact and require less maintenance than traditional hydraulic ones. As a result of their affordability and other benefits, electric water pumps are now widely used in numerous industries, including the manufacturing of automobiles. Additionally, technological advancements that have made it feasible to manufacture more efficient electric water pumps have contributed to the growth of this industry.
However, electric water pumps have a limited market due to factors including the high cost, difficulties, and regular maintenance needed during installation. The cost to buy and install electric water pumps is significantly higher than that of conventional pumps. In order to avoid damage from overheating or other reasons, these products also require frequent maintenance. Another barrier to the market is the dependence of the electric water pump industry on the price and availability of raw materials, which affects their cost of production and selling price. Similar to how the development of hybrid, plug-in hybrid, and fuel-cell vehicles may result in a price decrease for electric water pumps in certain circumstances. This may further impede the market's growth during the anticipated period.
Market Competitive Landscape
The Global Electric Water Pump market is fiercely competitive. The major players in the market include: Bosch Rexroth Corporation, Federal-Mogul Corporation, Flowserve Corporation, Grundfos Group, IHI Corporation, Robert Bosch GmbH, SPX Flow, Inc., Sulzer Ltd., Topeak Automotive Industries Co., Ltd., Xylem Inc., Others. These companies are well-known in the global market for electric water pumps and create products that are energy-efficient and meet customer expectations. They provide creative solutions for reducing energy consumption, reducing pollution, and improving the performance of electric water pumps used in automotive applications. The firms devote a lot of money in research and development to produce contemporary electric water pumps. They also use strategies like product releases and collaborations to stay competitive in the market.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2021 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Application |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | Bosch Rexroth Corporation, Federal-Mogul Corporation, Flowserve Corporation, Grundfos Group, IHI Corporation, Robert Bosch GmbH, SPX Flow, Inc., Sulzer Ltd., Topeak Automotive Industries Co., Ltd., Xylem Inc., Others |
COVID-19 Impact on Global Electric Water Pump Market
The COVID-19 epidemic has significantly impacted the market for electric water pumps by disrupting worldwide supply chains and production. The pandemic has reduced demand for electric water pumps, which has a major impact on the automotive industry, one of its primary industries. Consequently, the pandemic has caused a pause in the growth of the electric water pump industry. However, as a result of rising expenditures made by business leaders and governmental organisations in cutting-edge technology like self-driving cars and electric vehicle charging stations, there is an increase in demand for energy-efficient electric water pumps.
Key Target Audience:
- Construction sites
- Domestic water supply
- Emergency Services
- Environmental restoration projects
- Farmers
- Fire departments
- Fisheries and aquaculture
- Fountains and decorative water features
- Lawn irrigation
- Mining operations
- Municipal Water Features
- Public water supply
- Quarry operations
- Recreational and Sports Facilities
- Swimming pools and water parks
- Others
Our in-depth analysis of the Electric Water Pump Market includes the following segments:
| By Type: |
|
| By Application: |
|
Key Topics Covered in the Report:
- Global Electric Water Pump Market Size (FY’2023-FY’2033)
- Overview of Global Electric Water Pump Market
- Segmentation of Global Electric Water Pump Market By Type (12V EWP, 24V EWP)
- Segmentation of Global Electric Water Pump Market By Application (Battery, Engine, Turbocharger, Others)
- Statistical Snap of Global Electric Water Pump Market
- Expansion Analysis of Global Electric Water Pump Market
- Problems and Obstacles in Global Electric Water Pump Market
- Competitive Landscape in the Global Electric Water Pump Market
- Impact of COVID-19 and Demonetization on Global Electric Water Pump Market
- Details on Current Investment in Global Electric Water Pump Market
- Competitive Analysis of Global Electric Water Pump Market
- Prominent Players in the Global Electric Water Pump Market
- SWOT Analysis of Global Electric Water Pump Market
- Global Electric Water Pump Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Electric Water Pump Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Electric Water Pump Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Electric Water Pump Market
7. Global Electric Water Pump Market, By Type (USD Million)
7.1. Global Electric Water Pump Market Value Share and Forecast, By Type, 2023-20337.2. 12V EWP7.3. 24V EWP
8. Global Electric Water Pump Market, By Application (USD Million)
8.1. Global Electric Water Pump Market Value Share and Forecast, By Application, 2023-20338.2. Battery8.3. Engine8.4. Turbocharger8.5. Others
9. Global Electric Water Pump Market Forecast, 2019-2033 (USD Million)
9.1. Global Electric Water Pump Market Size and Market Share
10. Global Electric Water Pump Market, By Type, 2019-2033 (USD Million)
10.1. Global Electric Water Pump Market Size and Market Share By Type (2019-2026)10.2. Global Electric Water Pump Market Size and Market Share By Type (2027-2033)
11. Global Electric Water Pump Market, By Application, 2019-2033 (USD Million)
11.1. Global Electric Water Pump Market Size and Market Share By Application (2019-2026)11.2. Global Electric Water Pump Market Size and Market Share By Application (2027-2033)
12. Global Electric Water Pump Market, By Region, 2019-2033 (USD Million)
12.1. Global Electric Water Pump Market Size and Market Share By Region (2019-2026)12.2. Global Electric Water Pump Market Size and Market Share By Region (2027-2033)12.3. Asia-Pacific12.3.1. Australia12.3.2. China12.3.3. India12.3.4. Japan12.3.5. South Korea12.3.6. Rest of Asia-Pacific12.4. Europe12.4.1. France12.4.2. Germany12.4.3. Italy12.4.4. Spain12.4.5. United Kingdom12.4.6. Rest of Europe12.5. Middle East and Africa12.5.1. Kingdom of Saudi Arabia12.5.2. United Arab Emirates12.5.3. Rest of Middle East & Africa12.6. North America12.6.1. Canada12.6.2. Mexico12.6.3. United States12.7. Latin America12.7.1. Argentina12.7.2. Brazil12.7.3. Rest of Latin America
13. Company Profile
13.1. Bosch Rexroth Corporation13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Federal-Mogul Corporation13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Flowserve Corporation13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Grundfos Group13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. IHI Corporation13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Robert Bosch GmbH13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. SPX Flow, Inc.13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Sulzer Ltd.13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Topeak Automotive Industries Co., Ltd.13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Xylem Inc.13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
An electric water pump is a device that uses electricity to move water from one location to another.
Electric Water Pump Market is projected to reach USD XX billion by 2033, growing at a CAGR of XX% during the forecast period.
Electric Water Pump Market grew in market size from 2023. The Market is expected to reach USD XX billion by 2033, at a CAGR of XX% during the forecast period.
Electric Water Pump Market CAGR of XX% during the forecast period.
"You can get the sample pages by clicking the link -Click Here"
Electric Water Pump Market size is USD XX billion from 2023 to 2033.
Electric Water Pump Market Segment is Covered By Type, By Application
The North America region is anticipated to have the highest market share in Electric Water Pump Market.
The key players in the market include Companies Covered Bosch Rexroth Corporation, Federal-Mogul Corporation, Flowserve Corporation, Grundfos Group, IHI Corporation, Robert Bosch GmbH, SPX Flow, Inc., Sulzer Ltd., Topeak Automotive Industries Co., Ltd., Xylem Inc., Others
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
