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“Electric Coolant Pump Market for Passenger Cars Market” report presents analysis by region-wise market volume and the futuristic possibilities analogous to the development of Electric Coolant Pump Market for Passenger Cars market during the forecast period. It gives data about who are the leading manufacturers, distributors of global Electric Coolant Pump Market for Passenger Cars market, together with the explanation of product, company profiles and Electric Coolant Pump Market for Passenger Cars market outline. Report also describes market situation and current trends in Electric Coolant Pump Market for Passenger Cars market by segmentation of product type, application.
“Electric Coolant Pump Market for Passenger Cars market is giving the largest share of 36.14% in 2018 and expected to grow at compound annual growth rate (CAGR) of almost 41% during forecast period 2019-2023.“
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Electric Coolant Pump Market for Passenger Cars Market Summary: The electric coolant pump is driven by an electric motor and can provide on-demand cooling based on engine load/vehicle load. Our electric coolant pump market for passenger cars analysis considers sales from both hybrid and electric powertrain and internal combustion engine (ICE) powertrain. Our analysis also considers the sales of electric coolant pump in APAC, Europe, MEA, North America, and South America. In 2018, the hybrid and electric powertrain segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing adoption of electric vehicles (EVs) will play a significant role in the hybrid and electric powertrain segment to maintain its market position. Also, our global electric coolant pump market for passenger cars report also looks at factors such as increasing adoption of EVs, rapid electrification of mechanical components, and stringent emission control regulations. However, recalls due to faulty electric coolant pumps, high cost of installation, and design and operational defects causing failure in electric coolant pumps may hamper the growth of the electric coolant pump industry over the forecast period.
Market Driver: rapid electrification of mechanical componentsMarket Trend: improvements in the automotive electric pump systemMarket Challenge: recalls due to faulty electric coolant pumps.Rapid electrification of mechanical componentsThe automotive industry is highly competitive, and manufacturers must adopt newer and fast-changing technologies to sustain in the market in the long term. Technological advances in the automotive industry are replacing mechanical components with electronic components as they are more efficient and capable of handling higher complexities than the conventional components. There are multiple automotive controls that are replaced with electronic components to improve the safety and comfort of users and to reduce the weight of the vehicle. This demand for technological advancements will lead to the expansion of the global electric coolant pump market for passenger cars at a CAGR of almost 41% during the forecast period.Improvements in the automotive electric pump systemThe prime concentration of vehicle manufacturers is on the development of the automotive system to improve the safety, comfort, and performance of the vehicle. With the advent of EVs, the majority of the developments are for EVs related parts and components. As a result, there have been advances in electric pumps, especially their design, that are used in EVs. Such improvements in electric coolant pumps are expected to offer benefits such as improved efficiency in heat transfer, thus improving the performance of the vehicle. This development is expected to have a positive impact on the overall market growth.
Various plans and news are also included in the Electric Coolant Pump Market for Passenger Cars Market report. This comprises labour cost, reduction cost, raw material charges and other economic data. The production method is analysed with respect to various aspects of, manufacturing cost analysis, size, commercial production, RandD grade, raw material source, and technology source.
Electric Coolant Pump Market for Passenger Cars Market has been segmented on the basis of industry which comprises of:
Electric Coolant Pump Market for Passenger Cars market report provides regional analysis forecast (2019-2023) including following regions and country level analysis:APAC, Europe, MEA, North America, and South America
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Key Benefits of Report:
Lastly Electric Coolant Pump Market for Passenger Cars Market analyse different driving factors associated with Electric Coolant Pump Market for Passenger Cars market growth, major challenges, and Electric Coolant Pump Market for Passenger Cars opportunities. Electric Coolant Pump Market for Passenger Cars market surveys on dynamics, the scope of production, a study on the complete pricing of the top manufacturer.
No. of Pages: 122
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TOC of Electric Coolant Pump Market for Passenger Cars Market ReportPART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORT2.1 Preface2.2 Preface2.3 Currency conversion rates for US$PART 03: MARKET LANDSCAPEMarket ecosystemMarket characteristicsMarket segmentation analysisPART 04: MARKET SIZINGMarket definitionMarket sizing 2018Market size and forecast 2018-2023PART 05: FIVE FORCES ANALYSISBargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket conditionPART 06: CUSTOMER LANDSCAPEPART 07: GEOGRAPHIC LANDSCAPEGeographic segmentationGeographic comparisonAPAC – Market size and forecast 2018-2023Europe – Market size and forecast 2018-2023North America – Market size and forecast 2018-2023South America – Market size and forecast 2018-2023MEA – Market size and forecast 2018-2023Key leading countriesMarket opportunityPART 08: MARKET SEGMENTATION BY POWERTRAIN TYPEMarket segmentation by powertrain typeComparison by powertrain typeHybrid and electric powertrain – Market size and forecast 2018-2023ICE powertrain – Market size and forecast 2018-2023Market opportunity by powertrain typePART 09: DECISION FRAMEWORKPART 10: DRIVERS AND CHALLENGESMarket driversMarket challengesPART 11: MARKET TRENDSImprovements in the automotive electric pump systemIncreasing popularity of 48V electrical architecture in automobilesUse of advanced materials for automotive pumpsPART 12: VENDOR LANDSCAPEOverviewLandscape disruption
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