What is an Electric Coolant Pump? Explore its Market

 With a projected CAGR of 16.5%, the global market for electronic pumps for electric vehicles is expected to grow from an estimated USD 227 million in 2020 to USD 662 million by 2027.

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Since an electric coolant pump contributes to the reduction of pollutants, the severe emission standards that are being implemented internationally are anticipated to greatly fuel the expansion of the electric coolant pump market. For instance, the implementation of China VI and Euro VI has compelled automakers to use fuel-efficient technologies like coolant pumps in their automobiles. However, relatively expensive prices and upkeep may impede the expansion of the market as a whole.

Before understanding its market size, let’s discuss what it exactly means!

Understanding Electric Coolant Pump

An essential component of the car's cooling system, the electric coolant pump is needed to maintain engine temperature, power train cooling, and other accessories, including battery and power electronics cooling. In terms of effectiveness, cost, and other factors, these pumps have several benefits over mechanically driven pumps. As a result, there is a great increase in demand for both low-power class and high power class electric coolant pumps on the market. In addition to this, the market is expected to develop due to the rise in vehicle production and a corresponding rise in demand for environmentally friendly automobiles.

Top Impacting Factors Driving the Growth of Electric Coolant Pumps

1. Effective Heat Management Capabilities

In order to guarantee the best operational efficiency in any ICE or EV, cooling the battery & e-motors has become essential. Electric coolant pumps can be used to manage heat effectively. The move towards driverless vehicles is likely to increase demand for electric coolant pumps in South American nations like Argentina and Brazil. Additionally, it is anticipated that a significant portion of the growth of the electric coolant pump market in South America will come from the rising expenditure on research and development of electric fluids and drive systems.

2. Government Support

Manufacturers of battery cells and electric coolant pumps are expanding their production capabilities in European markets. Leading automotive companies are making investments in the creation of cutting-edge electric coolant products. By the end of this decade, the European Commission hopes to see at least 30 million electric cars on the road. Additionally, the European Commission invested approximately US$ 793.59 billion in a stimulus package, including US$ 21.16 billion to increase the sales of environmentally friendly vehicles. Additional government attempts to speed up manufacturing and raise public awareness of the need for clean automobiles are significant drivers of the demand for electric vehicles and electric coolant pumps.

3. Demand for Hybrid and Electric Vehicles

Several aspects that influence the electric coolant pump market globally are what fuel its expansion and development. The rising global demand for electric and hybrid automobiles is one of the major contributing causes. The demand for electric vehicles has increased as more people seek alternative fuel sources and become more aware of the value of environmental sustainability. Electric coolant pumps are crucial parts of these cars because they control engine temperature and guarantee effective operation.

4. For Increased Vehicle Safety

Additionally, technological developments have fueled the expansion of the world market for electric coolant pumps. These pumps are becoming more reliable, efficient, and portable, making it possible to integrate them into vehicle designs more effectively. Furthermore, the advancement of intelligent and interconnected cooling systems makes it possible to monitor and manage coolant pump operations in real time, optimizing performance and boosting vehicle safety.


If you want to buy a high-quality and efficient electric coolant pump for your vehicle, look no further than PV Clean Mobility & Technologies!

We design, manufacture, and sell electronic coolant pumps for hybrid, electric, and combustion engines to facilitate clean and affordable transportation. Our in-house experts use scalability and adaptability approaches to cater to the mushrooming needs of commercial vehicles, two-wheelers, passenger vehicles, and more.

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