The global Electric Vehicle Circulation Pump market size is predicted to grow from US$ 2376 million in 2025 to US$ 9476 million in 2031; it is expected to grow at a CAGR of 25.9% from 2025 to 2031.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
Key Features:
- Comprehensive analysis by region and market sector of projected Electric Vehicle Circulation Pump sales for 2025 through 2031.
- Detailed analysis in US$ millions of the world Electric Vehicle Circulation Pump industry.
- Overview of market shares and growth opportunities of Electric Vehicle Circulation Pump market by product type.
Segmentation by Type:
- 12V EWP
- 24V EWP
Segmentation by Application:
- Passenger Car
- Commercial Vehicle
Market by Region:
- Americas
- APAC
- Europe
- Middle East & Africa
Company Coverage:
- Hanyu Group
- Bosch
- Continental
- Aisin
- Rheinmetall Automotive
- Gates
- Hanon Systems
- Zhongke Electromechanical (Shenzhen) Technology
- Dayco
- TOPSFLO
Key Questions Addressed in this Report:
- What is the 10-year outlook for the global Electric Vehicle Circulation Pump market?
- What factors are driving Electric Vehicle Circulation Pump market growth, globally and by region?
- Which technologies are poised for the fastest growth by market and region?
- How do Electric Vehicle Circulation Pump market opportunities vary by end market size?
- How does Electric Vehicle Circulation Pump break out by Type, by Application?
Frequently Asked Questions
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- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market