Electric Vehicle Electric Coolant Pumps Market Size, Share, Growth, and Industry Analysis, By Type (12V Electric Vehicle Electric Coolant Pumps, 24V Electric Vehicle Electric Coolant Pumps), By Application (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV)), Regional Insights and Forecast to 2034

Electric Vehicle Electric Coolant Pumps Market Overview

The Electric Vehicle Electric Coolant Pumps Market size was valued at USD 1745.23 million in 2025 and is expected to reach USD 11150.84 million by 2034, growing at a CAGR of 22.5% from 2025 to 2034

The Electric Vehicle Electric Coolant Pumps Market is a specialized segment supplying electric coolant circulation systems for electric vehicles (EVs), used in cooling battery packs, power electronics, and drivetrains. As of 2024, the global EV parc exceeded 26 million vehicles, pushing demand for electric coolant pumps proportionally — with roughly 1 coolant pump per EV required, implying over 26 million pump units in use globally by end-2024. Electric coolant pumps improve thermal management, enabling stable battery temperatures, extending battery life, and ensuring safety under high load or temperature conditions. Their adoption is accelerating along with rising EV production and global fleet expansion, positioning coolant pumps as a critical electric vehicle component.

In the United States, EV sales reached around 1.2 million units in 2024, representing a substantial share of global EV production, and directly driving demand for electric coolant pumps. About 88% of U.S. EV models delivered in 2024 were battery-electric vehicles (BEVs), each requiring dedicated electric coolant pump systems for battery pack thermal management and power-electronics cooling. Leading U.S. EV manufacturers increasingly specify dual-stage coolant pump configurations — typically one pump for battery pack cooling and another for drivetrain/power-electronics cooling — underscoring high per-vehicle coolant pump penetration. As a result, the U.S. represents a major market for electric coolant pump suppliers targeting EV OEM contracts and aftermarket replacement parts.

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Key Findings

• Key Market Driver: 67% of global electric vehicles manufactured in 2024 required electric coolant pumps for thermal management.
• Major Market Restraint: 42% of smaller EV manufacturers cited cost and complexity of dual-system coolant integration as deterrent.
• Emerging Trends: 53% of new EV designs in 2024–2025 adopted multi-stage electric coolant pump systems.
• Regional Leadership: Asia-Pacific represented approximately 45% of global EV coolant pump demand in 2024.
• Competitive Landscape: Top two suppliers capture roughly 28–32% of global electric coolant pump shipments.
• Market Segmentation: In 2024, 12V coolant pumps comprised about 34% of shipments whereas 24V pumps made up 66%.
• Recent Development: Global shipments of electric coolant pumps grew by nearly 18% in 2024 compared to 2023.

Electric Vehicle Electric Coolant Pumps Market Latest Trends

The Electric Vehicle Electric Coolant Pumps Market is seeing rapid innovation and growing adoption consistent with global EV market expansion. One prominent trend is the shift toward multi-stage coolant pump systems: in 2024, roughly 53% of new EV platform designs integrated at least two electric coolant pumps — one dedicated to battery thermal management and another for power electronics and motor cooling. Multi-stage architecture ensures optimal temperature control across battery and drivetrain subsystems, improving performance and safety across variable operating conditions.

Another notable trend is the dominance of 24 V electric coolant pumps in newer, high-performance EVs. In 2024, about 66% of coolant pumps shipped globally were 24 V models — reflecting growing demand for higher flow rates, stronger coolant circulation, and capability to support larger battery packs and more powerful motors. Meanwhile, 12 V pumps, though still relevant for smaller or entry-level EVs, accounted for roughly 34% of shipments.

Thermal management integration is becoming more advanced: about 48% of new coolant pump installations in 2023–2025 include temperature sensors, flow sensors, and control electronics embedded within pump assemblies — enabling real-time monitoring of coolant flow, temperature, and pump performance. This embedded sensing supports predictive maintenance, thermal safety, and optimized battery longevity.

Additionally, modular and compact pump designs are gaining traction, supporting packaging requirements in compact EVs or multi-module battery systems. Around 39% of newly introduced coolant pumps in 2024 had reduced form-factor designs enabling easier integration into confined EV chassis or battery enclosures.

Finally, as EV adoption increases in emerging markets, aftermarket demand for coolant pump replacements and retrofit kits is rising. Markets such as Asia-Pacific, Latin America, and some European countries show growing demand for replacement pumps — especially for older EV models — supporting ongoing business for pump manufacturers beyond OEM supply.

Electric Vehicle Electric Coolant Pumps Market Dynamics

DRIVER

Rapid growth of global EV fleet and rising thermal management demands

The primary driver for the Electric Vehicle Electric Coolant Pumps Market is the rapid expansion of the global EV fleet and the resulting demand for effective thermal management systems. In 2024, global EV sales crossed 10.5 million units, pushing total EV stock to over 26 million vehicles. Given that nearly every BEV and many PHEVs require coolant-based thermal management, the coolant pump demand rises in direct proportion to EV production.

Battery packs and power electronics generate heat during charging, driving, and fast-charging cycles; maintaining optimal temperature is critical for battery longevity and safety. Electric coolant pumps provide active circulation of coolant, ensuring battery packs remain within safe operating temperatures during high-load conditions, reducing degradation risk. As EV battery capacities increase — many models now ship with packs of 60–100 kWh or higher — the need for robust cooling becomes more pronounced, driving adoption of advanced electric coolant pumps. Multi-pump configurations and embedded sensors enhance thermal regulation, making coolant pumps indispensable in modern EV design.

RESTRAINT

Cost, complexity, and integration challenges in EV design

Despite growing demand, one restraint hampering broader adoption or cost-efficient implementation of electric coolant pumps is the added cost, complexity, and integration burden — especially for smaller or low-cost EV models. Around 42% of small or budget-segment EV manufacturers report that integrating dual-pump thermal management systems (for battery and power electronics) significantly increases vehicle Bill-of-Materials cost and complicates vehicle layout and packaging.

Additionally, the engineering effort required — including designing coolant circuits, heat exchangers, plumbing, and control electronics — may deter cost-sensitive markets or low-range EV models. For entry-level EVs designed for urban commuting, manufacturers may prefer air cooling or simpler passive thermal solutions to avoid complexity and cost overhead, restraining coolant pump penetration in that segment.

Maintenance and after-sales complexity also present challenges: coolant pumps may require periodic coolant changes, system sealing integrity checks, and electronic diagnostics. For markets lacking reliable service infrastructure, these maintenance requirements can deter adoption. Thus, cost and system complexity act as a market restraint despite growing EV adoption.

OPPORTUNITY

Growing PHEV to BEV transition, aftermarket replacement demand, and retrofits

A significant opportunity for the Electric Vehicle Electric Coolant Pumps Market lies in the ongoing transition from internal-combustion-engine (ICE) and hybrid vehicles to full battery-electric vehicles (BEVs), and corresponding upgrades of existing hybrids/PHEVs. As vehicle fleets electrify, demand for coolant pumps increases not only for new builds but also for retrofit kits or replacement parts for older EV models. With over 40 million hybrid vehicles globally, a portion transitioning toward full electric or undergoing battery-system upgrades may adopt newer coolant pump-based thermal management systems.

Furthermore, aftermarket demand for coolant pumps and replacement parts is expected to grow. Given that EVs have been mass-produced only in the last decade, many early models will require coolant pump replacements or thermal system overhauls as coolant systems age. This creates a recurring demand stream for pump manufacturers and aftermarket suppliers.

Another opportunity is to supply coolant pump systems to small-volume EV OEMs and conversion kit manufacturers targeting retrofits and niche markets. Modular, compact, and cost-effective coolant pumps designed for retrofit applications — including 12 V systems for small battery systems — can tap into a growing market of custom EV builders, small OEMs, and fleet conversions.

Finally, as battery capacities grow and fast-charging infrastructure expands, thermal load during charging increases. High-capacity pumps with advanced thermal management will be essential to support fast-charging cycles safely — offering an opportunity for advanced pump technologies integrated with battery thermal management systems.

CHALLENGE

Standardization, supply chain constraints, and regulatory requirements

One of the major challenges for the Electric Vehicle Electric Coolant Pumps Market is lack of standardization across EV platforms, which complicates pump design, supply, and integration. EV battery pack designs, cooling circuit layouts, coolant types (glycol-water, refrigerant loops, etc.) vary greatly across OEMs. This heterogeneity means pump manufacturers must offer a range of models or custom solutions — increasing R&D and production costs.

Supply chain constraints also pose a challenge. The materials required for pump manufacturing — such as corrosion-resistant metals, precision electric motors, electronic controllers — may face shortage or high cost, especially as global demand for EV components surges. This can delay production, increase lead times, and raise final pump costs.

Regulatory and safety requirements add further complexity. As coolants circulate through battery packs and power electronics, they must meet safety, fire risk, and environmental standards. Ensuring compliance with safety norms across different markets — particularly in Europe, North America, and Asia — requires rigorous testing and certification, which increases time-to-market and developmental cost.

Moreover, for retrofit markets or in emerging countries with lower regulation, maintaining after-sales support, coolant supply, and maintenance infrastructure could be challenging, limiting adoption.

Segmentation Analysis

The Electric Vehicle Electric Coolant Pumps Market can be segmented by Type (voltage rating / pump specification) and by Application (vehicle type). These distinctions reflect different EV architectures, battery systems, vehicle classes, and thermal management requirements.

By Type

12 V Electric Vehicle Electric Coolant Pumps

12 V electric coolant pumps are typically used in smaller or entry-level EVs, hybrid vehicles, or smaller battery-pack applications. These pumps provide sufficient coolant circulation for low-capacity battery systems or compact electric drivetrains. Their lower power requirement and simpler design make them suitable for cost-sensitive or compact EV models. A notable portion of early generation PHEVs and some micro-EVs use 12 V coolant pumps to manage thermal load of battery packs and power electronics without requiring high-voltage systems or complex cooling circuits.

However, as battery capacities increase and thermal load rises (e.g., fast charging, high-power discharge), 12 V pumps may face limitations in flow rate and thermal handling capacity, leading to performance compromises. Still, they remain relevant for lightweight EVs, retrofit kits, and cost-conscious vehicle segments seeking basic thermal management.

24 V Electric Vehicle Electric Coolant Pumps

24 V electric coolant pumps are the predominant type used in modern, mid-size to large EVs and high-capacity battery pack systems. In 2024, about 66% of electric coolant pumps shipped globally were 24 V models — reflecting demand from high-performance EVs, larger battery packs, and robust thermal management requirements.

These pumps deliver higher coolant flow rates, stronger pressure head, and better support for multi-stage cooling circuits (battery, motor, power electronics) especially during fast charging, high-speed driving, or heavy load conditions. Their higher power draw and compatibility with high-voltage battery systems make them suitable for mid-range to premium EV segments, where thermal stability and battery longevity are prioritized. In multi-pump setups — with separate pumps for battery and drivetrain cooling — 24 V pumps ensure adequate circulation and cooling performance across all subsystems.

By Application

Battery Electric Vehicle (BEV)

In Battery Electric Vehicles (BEVs), electric coolant pumps are vital for battery pack thermal management and power-electronics/motor cooling. Given the high energy density of modern EV battery packs — often ranging from 50 kWh to over 100 kWh — maintaining optimal temperature during charging, discharging, and fast charging is essential. Coolant pumps ensure circulation of coolant through battery thermal management systems (liquid cooling), enabling consistent temperature control across all battery modules. In 2024, over 88% of BEVs produced globally incorporated liquid-cooling systems — thus requiring electric coolant pumps — underscoring the critical role of pumps in BEV powertrain architecture.

Additionally, BEV designs increasingly utilize dual-pump or multi-pump circuits: one pump for battery cooling, another for motor/inverter cooling — to ensure proper thermal regulation under varying operating conditions. This multi-pump usage increases coolant pump component count per vehicle compared to simpler single-pump or passive systems.

Plug-in Hybrid Electric Vehicle (PHEV)

Plug-in Hybrid Electric Vehicles (PHEVs) also use electric coolant pumps, especially for managing battery thermal conditions when operating in electric-only mode, as well as cooling power electronics and sometimes engine coolant loops. Though battery packs in PHEVs tend to be smaller (e.g., 8–20 kWh), coolant pumps help stabilize temperature during charging cycles and prevent battery degradation. The adoption rate of electric coolant pumps in PHEVs has been rising: as of 2024, roughly 62% of new PHEV models launched worldwide included liquid-cooling systems over traditional air-cooling — signaling rising confidence in pump-based thermal solutions for hybrids.

For PHEVs, coolant pumps also enable integration of hybrid thermal systems where battery, engine, and HVAC systems share coolant loops — improving energy efficiency and enabling compact design. As PHEVs remain a bridge technology during global transition to full BEVs, demand for electric coolant pumps in this segment remains significant.

Regional Outlook

• The global Electric Vehicle Electric Coolant Pumps Market is distributed across key automotive and EV-adoption regions — North America, Europe, Asia-Pacific, Middle East & Africa — each reflecting different EV adoption rates, regulatory frameworks, and manufacturing capacities.

North America

North America remains a key region, especially the United States, due to high EV adoption, regulatory push for clean mobility, and strong OEM presence. In 2024, U.S. EV sales reached 1.2 million units, with most new BEV and PHEV models incorporating electric coolant pumps, significantly driving regional pump demand. The prevalence of high-capacity EVs, fast-charging infrastructure, and premium EV models mandates robust thermal management systems — ensuring coolant pumps remain standard components.

Manufacturers and suppliers targeting North America benefit from relatively stable regulatory standards, established automotive supply chains, and demand for reliable thermal management systems. As aftermarket maintenance and replacement become relevant — for example pump replacements after 5–7 years — a recurring demand stream supports long-term business models.

Europe

Europe represents another major region for electric coolant pumps, driven by aggressive EV adoption targets, strong regulatory push toward emissions reduction, and growing EV manufacturing base. Countries such as Germany, France, Norway, and the Netherlands lead in BEV and PHEV registrations, with coolant-pump based thermal management becoming standard in mid- to premium-segment EVs.

European OEMs increasingly specify liquid-cooling systems for battery packs and powertrain electronics, resulting in high penetration of 24 V coolant pump systems. The region’s focus on battery longevity, thermal safety, and energy efficiency — especially with cold climate conditions in parts of Northern Europe — further supports demand.

Additionally, the aftermarket for coolant pump replacement and retrofit kits remains attractive, as early EV adopters begin maintenance cycles. Regulation around battery safety and thermal management also encourages adoption of standardized coolant systems — aiding suppliers with compliant pump designs.

Asia-Pacific

Asia-Pacific stands out as the fastest-growing regional market for electric coolant pumps, largely due to rapid EV adoption in China, South Korea, Japan, and emerging markets like India and Southeast Asia. In 2024, China alone accounted for over 45% of global EV sales, making it a major driver of coolant pump demand. As EV manufacturers scale production, coolant pump suppliers benefit from high-volume orders and local OEM partnerships.

The dominance of compact and budget-class EVs in some Asia-Pacific markets has driven demand for 12 V pumps, but the shift toward larger-capacity BEVs and higher-end models is increasing 24 V pump penetration. The combination of high EV growth rates, local manufacturing capacity, and evolving regulatory standards around battery safety and thermal management makes Asia-Pacific a critical region for market expansion.

Furthermore, retrofit and aftermarket opportunities are strong in Asia-Pacific, as many early EVs and PHEVs require maintenance or upgrades to cooling systems. Suppliers able to provide cost-effective pumps and local support stand to gain long-term market share.

Middle East & Africa

Middle East & Africa currently represent a modest portion of global electric coolant pump demand, given lower EV adoption rates and limited local EV manufacturing. However, growing interest in EV adoption — supported by government incentives and rising environmental awareness — is gradually creating potential demand.

In key urban markets of the Middle East, recent registrations of BEVs and PHEVs create entry-level demand for coolant pump packages. While many early EVs in the region rely on simpler or air-cooling solutions due to cost constraints, rising average incomes and import of higher-end EVs increase demand for liquid-cooling systems — particularly for battery performance and thermal stability in hot climates.

For suppliers, there is opportunity in supplying pumps along with coolant kits, installation support, and maintenance services to emerging EV owners. As EV adoption expands slowly but steadily, markets in the Middle East & Africa may represent niche growth areas for electric coolant pump vendors targeting premium EV buyers or retrofit customers.

List of Top Electric Vehicle Electric Coolant Pumps Companies

• Bosch — a leading supplier with strong global footprint, Bosch holds approximately 16–18% share of global electric coolant pump shipments due to its extensive OEM partnerships and integrated thermal management solutions.
• Valeo — another top competitor specializing in EV thermal systems; Valeo commands about 12–14% share globally, driven by high-volume contracts with multiple EV manufacturers across Europe, Asia, and North America.
• GMB
• Vitesco Technologies
• Industrias Dolz
• MAHLE
• Hanon Systems
• AISIN
• Rheinmetall
• Turntide Technologies
• Gates
• Dayco
• Bühler Motor
• VOVYO
• Concentric e-Pumps (Concentric AB)
• Sanhua Intelligent Controls
• Ruian Ouchao Auto Spare Parts
• Feilong Auto Components
• Yinlun, Jiangsu Leili Motor

Investment Analysis and Opportunities

For investors and component suppliers, the Electric Vehicle Electric Coolant Pumps Market presents high-potential opportunities due to expanding EV adoption, increasing demand for efficient thermal management, and growing EV parc worldwide. With the global EV stock surpassing 26 million vehicles in 2024, demand for coolant pumps scales directly with new EV production, offering a large addressable market for pump manufacturers.

Investments in manufacturing capacity for 24 V high-capacity electric coolant pumps, multi-stage pump systems, and integrated thermal management modules can yield significant returns, particularly targeting premium BEV segments in North America, Europe, and Asia-Pacific. Supply contracts with OEMs for new EV platforms — especially those designing dual-pump or multi-pump cooling systems — represent high-margin opportunities for pump suppliers.

The aftermarket segment also offers investment potential: as early EVs age, demand for coolant pump replacements, maintenance kits, and retrofit solutions is likely to grow. Suppliers investing in replacement pumps, coolant kits, and maintenance services can establish recurring-revenue streams beyond new-vehicle production cycles.

Emerging markets in Asia-Pacific and Middle East & Africa represent another major opportunity. As EV adoption accelerates, demand for cost-effective coolant solutions — including compact 12 V pumps for entry-level EVs — is expected to rise. Localized manufacturing or partnerships with regional automotive suppliers can reduce costs and improve accessibility, making investment in regional production infrastructure attractive.

Finally, technology innovation offers additional opportunities: development of smart coolant pumps with embedded sensors, IoT connectivity, predictive maintenance, and coolant system diagnostics can meet growing demand for reliable, high-performance EV thermal systems. Investors backing R&D in such innovations may gain competitive advantage as EV thermal management demands become more stringent with larger battery capacities, fast-charging, and performance EV growth.

New Product Development

Recent years have witnessed significant innovation in electric coolant pump design and functionality to meet evolving EV thermal management needs. Major developments include multi-stage coolant pump systems integrating separate pumps for battery pack cooling and power-electronics/motor cooling — allowing independent thermal management of critical subsystems under variable load conditions. As of 2024, over 53% of new EV models under development include dual-pump setups as standard.

Another key trend is enhanced pump integration and compact design: numerous new pumps introduced between 2023–2025 feature reduced form factors, enabling easier integration into compact EV chassis or battery modules. Approximately 39% of new coolant pump models launched in 2024 adopted these compact designs, making them suitable for smaller EV formats or modular battery layouts.

Additionally, manufacturers are embedding sensors and control electronics directly within coolant pump assemblies — including temperature sensors, flow sensors, and electronic control units — supporting real-time thermal management, predictive diagnostics, and safety thresholds. Roughly 48% of coolant pumps shipped in 2025 include such integrated sensor and control capabilities.

Advancements also include improved materials and corrosion-resistant components, enabling coolant pumps to use varied coolant chemistries (glycol-based, low-freezing-point mixtures) and endure long-term exposure without degradation — addressing concerns around coolant compatibility and longevity in diverse climates.

Moreover, to support retrofit and aftermarket demand, several manufacturers have introduced universal coolant pump kits compatible with multiple EV platforms, including 12 V and 24 V variants, providing a flexible solution for small OEMs, EV conversions, and rebuild projects. These kits simplify installation and lower entry barriers for smaller producers: in 2025, at least 7 new universal pump kit models were launched targeting retrofit and conversion markets.

Five Recent Developments (2023–2025)

1. In 2024, global shipments of electric coolant pumps increased by around 18% compared with 2023 — reflecting rising EV production and thermal management demand.
2. In 2025, a leading pump supplier launched a new compact 24 V coolant pump model with integrated flow and temperature sensors, enabling real-time thermal data monitoring for battery and power electronics systems.
3. Between 2023 and 2025, more than 53% of newly announced EV models incorporated multi-stage coolant pump systems (dual-pump configuration) for battery pack and motor cooling — up from around 41% in 2022.
4. In 2024, a major Asian EV manufacturer switched from air-cooling to liquid-cooling for its mid-size EV line, triggering orders for over 4 million coolant pumps for global deployments.
5. In 2025, aftermarket demand surged: coolant pump replacement and retrofit kit orders grew by approximately 24% year-on-year, particularly in regions with older EV fleets requiring thermal system maintenance or upgrades.

Report Coverage of Electric Vehicle Electric Coolant Pumps Market

This Electric Vehicle Electric Coolant Pumps Market Report provides a comprehensive review of global demand, segmentation, regional performance, and industry dynamics through 2023–2025. It covers pump types — 12 V and 24 V electric coolant pumps — and applications across Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV). The report outlines split of pump shipments by type (34% 12 V, 66% 24 V in 2024), adoption trends such as dual-pump systems for multi-subsystem thermal management, and capacity of pump demand corresponding with growing EV fleet (over 26 million EVs globally by end-2024).

Regional analysis examines market performance across North America, Europe, Asia-Pacific, and Middle East & Africa — highlighting factors like EV adoption rates, regulatory environment, climate conditions, and manufacturing base that influence coolant pump demand. The competitive landscape section profiles top global suppliers such as Bosch and Valeo, which together account for roughly 28–32% of global pump shipments, driven by strong OEM contracts and advanced thermal-management solutions.

The report also delves into market dynamics — including demand drivers (EV fleet growth, thermal management needs), restraints (cost, integration complexity), opportunities (aftermarket, retrofit, emerging markets, multi-pump systems), and challenges (standardization, supply-chain constraints). Product innovation coverage details new developments in compact pump design, integrated sensing/control, universal pump kits, and pump systems for retrofit markets.

For B2B stakeholders — including EV OEMs, tier-1 suppliers, aftermarket component producers, investors, and thermal-management system integrators — this Electric Vehicle Electric Coolant Pumps Market Insights report provides actionable intelligence. It supports strategic decisions on pump sourcing, manufacturing investments, product development, regional market entry, and long-term service and maintenance planning in the evolving electric vehicle ecosystem.