The electric coolant pump market in Middle East & Africa is expected to grow from US$ 69.02 million in 2022 to US$ 158.29 million by 2028; it is estimated to grow at a CAGR of 14.8% from 2022 to 2028.
Improvement of Electric Coolant Pumps Over Mechanical Pumps
Electric coolant pumps supply coolants to vehicle components such as engines, power electronics, gearboxes, and batteries in thermal management systems. These coolant pumps deliver efficient cooling even at higher engine speeds with high engine loads, which is leveraging the adoption of electric coolant pumps in automobiles. Electric coolant pumps use a battery system as a power source, which is highly efficient with respect to emissions, making them the most preferred solution for various electric and hybrid automotive vehicles. However, mechanical pumps are belt-driven pumps that run on mechanical and rotational energy from the engine provided in the form of a spinning rubber belt and use it to drive an internal pump mechanism.
The electric coolant pump consumes a small amount of energy to perform the cooling function. It takes the 12V output from the car battery and supplies coolant to the engine of the vehicle. Also, there is no energy loss while using the electric coolant pump. The constant electric power results in an uninterruptible supply of coolant to the engine. However, the mechanical pump extracts energy from the crankshaft, which is then transferred to the belt and pulley system and finally to the pump. Hence, the true power from the crankshaft is never fully transferred to the coolant pump. Moreover, the mechanical coolant pump has several moving parts, which results in friction and the production of heat inside the engine bay. On the other hand, the electric pump
has fewer moving parts, and it comes in ideal packaging, saving space and reducing friction. Thus, the advantages of the electric coolant pumps over the mechanical pumps are aiding the market growth.
Market Overview
The growing emphasis on autonomous vehicles and high demand for electric vehicles is expected to boost the market in the Middle East and Africa during the forecast period. The UAE government has planned to make 25% of transport autonomous by 2030. Gulf countries, such as UAE, Qatar, and Saudi Arabia, have very high-temperature environments. This stresses automobile companies to develop efficient cooling technologies in vehicles that are expected to foster the demand for electric coolant pumps in the region. Moreover, the expanding automotive industry and the increasing demand for luxury cars in Saudi Arabia, the UAE, and Qatar are anticipated to reflect on the regional market over the next few years. Dubai Expo 2020, held in 2022, has opened up new opportunities for automobile companies in the UAE automotive aftermarket.
Middle East & Africa Electric coolant pump Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the Middle East & Africa Electric Coolant Pump provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Electric Coolant Pump refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Electric Coolant Pump Strategic Insights
Middle East & Africa Electric Coolant Pump Report Scope
Report Attribute
Details
Market size in 2022
US$ 69.02 Million
Market Size by 2028
US$ 158.29 Million
Global CAGR (2022 - 2028)
14.8%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Type
By Material
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Electric Coolant Pump Regional Insights
Middle East & Africa Electric coolant pump market Segmentation
The Middle East & Africa electric coolant pump market is segmented on the basis of application, power, vehicle type, propulsion type, pump type, and country. Based on application, the Middle East & Africa electric coolant pump market is segmented into engine cooling & HVAC, battery & power electronics cooling, and gearbox cooling. The engine cooling & HVAC segment held the largest market share in 2022.
Based on power, the Middle East & Africa electric coolant pump market is bifurcated into below 100 W and above 100 W.
The below 100 W segment held a larger market share in 2022.
Based on vehicle type, the Middle East & Africa electric coolant pump market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles.
The passenger cars segment held the largest market share in 2022.
Based on propulsion type, the Middle East & Africa electric coolant pump market is segmented into ICE, electric, and hybrid.
The ICE segment held the largest market share in 2022.
Based on pump type, the Middle East & Africa electric coolant pump market is bifurcated into with ECU and without ECU.
The without ECU segment held a larger market share in 2022.
Based on country, the Middle East & Africa electric coolant pump market is segmented into the South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa. The South Africa dominated the market share in 2022.
Aisin Seiki Co. Ltd.; Continental AG; Hanon Systems; Hitachi Automotive Systems, LTD.; Johnson Electric Holdings Limited; Mahle GmbH; Rheinmetall Automotive AG; Robert Bosch GmbH; GMB CORPORATION; and VOVYO Technology Co. Ltd are the leading companies operating in the Middle East & Africa electric coolant pump market.
The Middle East & Africa Electric Coolant Pump Market is valued at US$ 69.02 Million in 2022, it is projected to reach US$ 158.29 Million by 2028.
As per our report Middle East & Africa Electric Coolant Pump Market, the market size is valued at US$ 69.02 Million in 2022, projecting it to reach US$ 158.29 Million by 2028. This translates to a CAGR of approximately 14.8% during the forecast period.
The Middle East & Africa Electric Coolant Pump Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Electric Coolant Pump Market report:
The Middle East & Africa Electric Coolant Pump Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Electric Coolant Pump Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Electric Coolant Pump Market value chain can benefit from the information contained in a comprehensive market report.