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May 14, 2020, 11:46 a.m. EDT

Electric Water Pumps Market: Key vendors, Quality, Reliability & Insights for next 5 years

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May 14, 2020 (HTF Market Intelligence via COMTEX) -- Advance Market Analyticsreleased the research report ofGlobal Electric Water PumpsMarket, offers a detailed overview of the factors influencing the global business scope.Global Electric Water Pumps Market research report shows the latest market insights with upcoming trends and breakdown of the products and services.The report provides key statistics on the market status, size, share, growth factors of the Global Electric Water Pumps.This Report covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are Hitachi Automotive Systems Limited (Japan), Aisin Seiki (Japan), Continental AG (Germany), Rheinmetall Automotive (Germany), GMB Corporation (Japan), Gates Corporation (United States), AVID Technology Group Ltd (United States), Absolute Water Pumps (United States), Mieco Pumps and Generators Private Limited (India) and Nidec Corporation (Japan)

Free Sample Report + All Related Graphs & Charts @ https://www.advancemarketanalytics.com/sample-report/61392-global-electric-water-pumps-market

An electric water pump is a machine that is used for transferring water through pipelines. They are one of the most important mechanical devices with end-user in several industries and households. The usage of electric water pumps are plenty, but they are primarily used to provide a continuous supply of water in industrial and commercial buildings, hospitals, houses, and other infrastructures. Electric water pumps find their usage in several household users including an in-house water fountain, gardening, and water coolers. It is also used to transfer various types of liquids like sewage water and industrial liquids.

Market Trend

  • Constantly expanding user base of electric water pumps in agricultural sector

Market Drivers

  • The requirement for lower emission, reduction in heat of the engine, long life, lower maintenance, and better pump management are the reasons for the rise in the market share of electric water pumps

  • The surge in the development projects, industrial sewage treatment facilities, water storage in water-scarce locations

Opportunities

  • There is a growing opportunity for the expansion for new generation electric water pump in the automotive industry owing to surge in demand for fuel-efficient and lightweight electric water pump aimed at improved performance and fuel consumption of the vehicle

Restraints

  • Presence of diesel and petrol powered water pumps may hamper the growth of electric water pumps

Challenges

  • Tackling the high maintenance cost of the electric water pumps

  • Increasing the life cycle of the electric water pumps

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