Automotive Electric Water Pump Market Share

APAC Market Statistics

The Asia Pacific automotive electric water pump market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the presence of a strong vehicle network in the region, growing production of vehicles, as well as the rising awareness amongst automobile manufacturers for fuel-efficient vehicles with advanced auto parts & components. It was found that in 2021, around 32% of global vehicles had been manufactured in China. Heavy-duty truck sales are increasing as a result of increased imports and exports of high-capacity loads. Also, an increasing number of construction sectors employ only heavy-duty drugs to carry debris, raw materials, cement, sand, and rocks. The rising use of trucks in mining, infrastructure development, energy plants, the construction sector, and the shipping industry rises the demand for automotive water pumps. The electric water pump provides a pressurized flow to all parts of the engine, allowing a fast and better cooling effect.