Current and Future Development Trends of the Global Automative Electric Pump Market

The global electric water pump market is undergoing dual drivers of technological iteration and demand fragmentation. According to the latest “QY Research” report, the global market size reached $944 million in 2024 and is projected to rise to $1.27 billion by 2031, with a CAGR of 4.4% from 2025 to 2031. As the fastest-growing market globally, China's market share in 2024 remains unspecified, but its global share is expected to significantly increase by 2031. The industry exhibits a competitive landscape of "European dominance and APAC rise," where leading players such as Bosch, Continental, and Aisin account for over 75% of the market share. Meanwhile, Chinese manufacturers are accelerating their penetration through technological breakthroughs and cost advantages.

1、 Industry definition and segmented markets

Electric Water Pump (EWP) is a device that uses electric power to drive impellers to achieve liquid circulation, and is widely used in fields such as automotive thermal management, industrial fluid transportation, and agricultural irrigation. According to product type, it can be divided into light (power<50W), medium (50-200W), and others (>200W); Divided by application scenarios into segmented markets such as motorcycles, electric vehicles, and industrial equipment.

The global market size of electronic water pumps for electric vehicles is expected to reach 1.951 billion US dollars in 2024, and is projected to increase to 6.756 billion US dollars by 2031, with a CAGR of 18.3% (QYResearch).

The scale of China's new energy vehicle electronic water pump market will reach 8.76 billion yuan in 2024, and is expected to exceed 15 billion yuan by 2030.

2、 Supply Chain Structure and Upstream and Downstream Analysis

Upstream: Breakthrough in domestication of core materials and components

Upstream coverage includes motors, pump body materials (such as high-performance alloys, engineering plastics), seals, etc. By 2025, Chinese enterprises will achieve technological breakthroughs in fields such as permanent magnet synchronous motors and magnetic coupling transmission systems

The efficiency of domestically produced permanent magnet synchronous motors has exceeded 97%, and energy consumption has been reduced by 23%;

The permeability of the magnetic coupling transmission system reaches 39%, and the leakage rate drops to 0.01ppm.

Case: A super duplex stainless steel material developed by a certain enterprise has increased the corrosion resistance life of the pump body by three times and reduced costs by 40% after replacing imported products.

Midstream: Intelligent Manufacturing and Modular Production

Midstream manufacturers achieve a leap in production efficiency through industrial robots and digital twin technology:

A certain enterprise applied 3D printing impeller technology, which shortened the production cycle by 60% and increased the yield rate to 99.5%;

Modular design has become a trend, and the delivery cycle of standardized pump module has been shortened to 72 hours.

Competitive landscape:

The top four global manufacturers (Bosch, Continental, Aisin, Rheinmetall Automotive) hold over 75% of the market share;

Chinese manufacturers such as KITAKI WATERPUMP and OKAYPARTS have a market share of over 35% in the mid to low end market due to their cost-effectiveness advantage.

Downstream: demand diversification and high-end

Downstream application scenarios are expanding from traditional fuel vehicles to new energy vehicles, industrial equipment, smart cities, and other fields:

In the field of electric vehicles, the usage per vehicle has increased from 1 to 2-3 fuel vehicles, used for driving motors and cooling battery packs;

Industrial sector: The demand for deepwater high-pressure pumps has surged, with a pressure rating of over 30MPa.

3、 Analysis of Major Manufacturers and Enterprises

International leading manufacturers

Bosch: a global leader in electric water pumps, occupying 28% of the electric vehicle market share by 2024. Its 12V electronic water pump is widely used in Tesla, Volkswagen and other models.

Continental: Focusing on the research and development of high-pressure electronic water pumps, 48V system products have a 30% increase in energy efficiency compared to traditional water pumps, and are compatible with high-end models such as BMW iX3.

Aisin: A Japanese nuclear power main pump supplier with technology extended to the electric vehicle field. Its LNG customized pump technology is globally leading.

China's leading enterprise

KITAKI WATERPUMP, OKAYPARTS.

4、 Policy environment and industry driving factors

Global policy orientation

EU: Implement the "Pump Energy Efficiency Index and Energy Efficiency Level" standard by 2025, promote the popularization of high-efficiency variable frequency water pumps;

China: The 14th Five Year Plan clearly requires industrial pumps to improve energy efficiency by 15%. In 2024, seven departments including the Ministry of Industry and Information Technology will release the "Implementation Plan for Promoting Equipment Renewal in the Industrial Sector", encouraging enterprises to adopt energy-saving equipment with energy efficiency level two or above.

Core driving factors

The penetration rate of new energy vehicles is increasing: global sales of electric vehicles are expected to reach 25 million units by 2025, driving an increase in demand for electronic water pumps;

Deep sea resource development: The application of underwater electric pumps in deep sea mining and underwater wind power fields is driving the demand for high-pressure and long-life products;

Intelligent upgrade: AIoT technology enables pump unit fault warning accuracy to exceed 92%, reducing operation and maintenance costs by 25%.

5、 Market Trends and Industry Outlook Forecast

technology trends

Material innovation: The composite use of high-temperature resistant engineering plastics and lightweight aluminum alloys has increased the energy efficiency ratio of the new generation of products by 20%;

System integration: Transitioning from a single water pump to an integrated solution of "pump+motor+controller", such as Bosch's voltage independent modular platform;

Green manufacturing: Biobased coating technology improves the corrosion resistance of pump bodies by 50%, and reduces the cost of recycled titanium alloy impellers to 90% of primary materials.

market forecast

Regional market: The Asia Pacific region is expected to become the world's largest market, accounting for over 45% by 2031, mainly driven by the demand for new energy vehicles in China and India;

Product structure: The proportion of high-voltage electronic water pumps (24V/48V) will increase from 25% in 2024 to 40% in 2031, benefiting from the trend of commercial vehicle electrification;

Competitive landscape: Chinese manufacturers are expected to increase their global market share from 15% in 2024 to 30% in 2031, with technology going global and localized production becoming key strategies. KITAKI WATERPUMP and OKAYPARTS will be good choices for you to choose electronic water pumps.