Electric Coolant Pump Market worth USD 3.9 billion by 2030 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
CONTL AG S/ADR (CTTAY)
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Source: Yahoo! Finance
a CAGR of 12.8% during the forecast period, according to a new report by MarketsandMarkets™. The growth of the electric coolant pump market is influenced by factors such as growing stringency in emission regulations with decreased emission limits, where electric coolant pumps can help reduce engine load and lower emissions. Factors such as the increase in hybrid and plug-in hybrid electric vehicles and powerful GDI engines installed with gasoline turbochargers are also estimated to boost the market for electric coolant pumps. These factors fuel continuous developments in pump specifications like power output, and increasing collaborations between electric coolant manufacturers and OEMs drive its growing popularity. Therefore, the electric coolant pump market is expected to witness significant growth in the future. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107390652 Browse in-depth TOC on " Electric Coolant Pump Market 391 - Tables 65 - Figure
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