Global Automotive Electric Water Pump Market is estimated to be US$ 30.11 billion by 2030 with a CAGR of 6.10% during the forecast period.
Global Automotive Electric Water Pump Market accounted for US$ 16.73 billion in 2020 and is estimated to be US$ 30.11 billion by 2030 and is anticipated to register a CAGR of 6.10%. A electric water pump is powered by a motor and battery, and it regulates the volume flow required by the engine. Demand-driven cooling minimises fuel usage and pollutants, and is most effective during the cold-start period. On-demand water volume flow for the engine and other vehicle components such as power electronics is controlled by the automotive electric water pump. The electric water pump is also used to cool turbocharged air in passenger and light-duty vehicles. An electric water pump consumes 90% less energy than a manually driven water pump. An electric water pump has several advantages over a mechanical water pump, including lower emissions, superior engine temperature management, elimination of the engine heat sock, and increased engine life. The report " Global Automotive Electric Water...