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Europe Automotive Electric Coolant Valve Market Size, Share & Trends Analysis Report By Voltage, By Type, By Modulation Type, By Vehicle Type, By Communication Protocol, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 199 Pages
  • April 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5967337
The Europe Automotive Electric Coolant Valve Market would witness market growth of 7.5% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 16,679.9 thousand units, showcasing a growth of 19.3% (2020-2023).

The 24V automotive electric coolant valve market is experiencing robust growth, driven by its critical role in heavy-duty vehicles, including commercial trucks, buses, and specialized industrial machinery. These 24V systems, favoured for their reliability and efficiency in managing engine temperatures under demanding conditions, are crucial for vehicles that require more robust electrical systems to handle higher power demands. Therefore, the Germany market would utilize 2,745.91 thousand units of 24V systems in 24V automotive electric coolant by 2031.



The Germany market dominated the Europe Automotive Electric Coolant Valve Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $674.2 million by 2031. The UK market is exhibiting a CAGR of 6.6% during (2024 - 2031). Additionally, The France market would experience a CAGR of 8.4% during (2024 - 2031).

Electric coolant valves in vehicle climate control systems control coolant flow via the heater core and cabin heat exchanger. They enable precise control over cabin temperature and allow more efficient heating and defrosting operations. Some advanced vehicles employ waste heat recovery systems to improve efficiency by capturing and utilizing the engine's or exhaust's waste heat. Electric coolant valves play a role in these systems by controlling coolant flow to heat exchangers or thermoelectric generators, where waste heat is converted into useful energy. Manufacturers are exploring using advanced materials, such as lightweight alloys, composites, and high-performance polymers, to enhance the performance and durability of electric coolant valves while reducing weight and improving efficiency.

Moreover, 3D printing creates complex geometries and intricate designs that are difficult or impossible to achieve using traditional manufacturing methods. Electric coolant valve manufacturers can leverage 3D printing to design and produce customized valve components tailored to specific vehicle models or thermal management requirements. This flexibility in design allows for optimized performance, improved integration, and reduced weight, contributing to the overall efficiency of automotive cooling systems. 3D printing enables rapid prototyping and iterative development of electric coolant valves, allowing manufacturers to iterate designs, test functionality, and refine performance quickly. For example, according to Invest India, the 3D printing industry in India is projected to increase from $12.6 billion in 2020 to $37.2 billion in 2026. Electric coolant valves are becoming increasingly intelligent and connected, enabling seamless integration with vehicle control systems and communication networks.

France is allocating resources to develop charging infrastructure to support the extensive adoption of electric vehicles. The expansion of charging infrastructure enhances the convenience and accessibility of EVs, encouraging their adoption among consumers and businesses in France. France is home to several leading automotive manufacturers and technology companies investing in research and development (R&D) to advance electric vehicle technology. France has a strong automotive manufacturing sector, with several major automakers and component suppliers operating in the country. Thus, all these factors will uplift the regional market’s expansion in the coming years.

Based on Voltage, the market is segmented into 12 V and 24 V. Based on Type, the market is segmented into Two Way, Three Way, Four Way, Five Way and Others. Based on Modulation Type, the market is segmented into Pre-configured and Field-configurable. Based on Vehicle Type, the market is segmented into Passenger Vehicle, Light Duty Vehicle, Buses & Coaches, Medium & Heavy Duty Trucks, and Off Highway Vehicles. Based on Communication Protocol, the market is segmented into Controller Area Network (CAN), LIN (Local Interconnect Network), Analog with Voltage Feedback and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled

  • Emerson Electric Co.
  • Siemens AG
  • Robert Bosch GmbH
  • Parker-Hannifin Corporation
  • Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.)
  • Honeywell International, Inc.
  • Continental AG
  • Robertshaw (One Rock Capital Partners, LLC)
  • VOSS Fluid GmbH (VOSS Holding GmbH + Co. KG)
  • Rotex Automation Limited

Market Report Segmentation

By Voltage (Volume, Thousand Units, USD Billion, 2020-2031)
  • 12 V
  • 24 V
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
  • Two Way
  • Three Way
  • Four Way
  • Five Way
  • Others
By Modulation Type
  • Pre-configured
  • Field-configurable
By Vehicle Type (Volume, Thousand Units, USD Billion, 2020-2031)
  • Passenger Vehicle
  • Light Duty Vehicle
  • Buses & Coaches
  • Medium & Heavy Duty Trucks
  • Off Highway Vehicles
By Communication Protocol
  • Controller Area Network (CAN)
  • LIN (Local Interconnect Network)
  • Analog with Voltage Feedback
  • Others
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive Electric Coolant Valve Market, by Voltage
1.4.2 Europe Automotive Electric Coolant Valve Market, by Type
1.4.3 Europe Automotive Electric Coolant Valve Market, by Modulation Type
1.4.4 Europe Automotive Electric Coolant Valve Market, by Vehicle Type
1.4.5 Europe Automotive Electric Coolant Valve Market, by Communication Protocol
1.4.6 Europe Automotive Electric Coolant Valve Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2023
4.2 Strategies Deployed in Automotive Electric Coolant Valve Market
4.3 Porter Five Forces Analysis
Chapter 5. Europe Automotive Electric Coolant Valve Market by Voltage
5.1 Europe 12 V Market by Country
5.2 Europe 24 V Market by Country
Chapter 6. Europe Automotive Electric Coolant Valve Market by Type
6.1 Europe Two Way Market by Country
6.2 Europe Three Way Market by Country
6.3 Europe Four Way Market by Country
6.4 Europe Five Way Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Automotive Electric Coolant Valve Market by Modulation Type
7.1 Europe Pre-configured Market by Country
7.2 Europe Field-configurable Market by Country
Chapter 8. Europe Automotive Electric Coolant Valve Market by Vehicle Type
8.1 Europe Passenger Vehicle Market by Country
8.2 Europe Light Duty Vehicle Market by Country
8.3 Europe Buses & Coaches Market by Country
8.4 Europe Medium & Heavy Duty Trucks Market by Country
8.5 Europe Off Highway Vehicles Market by Country
Chapter 9. Europe Automotive Electric Coolant Valve Market by Communication Protocol
9.1 Europe Controller Area Network (CAN) Market by Country
9.2 Europe LIN (Local Interconnect Network) Market by Country
9.3 Europe Analog with Voltage Feedback Market by Country
9.4 Europe Others Market by Country
Chapter 10. Europe Automotive Electric Coolant Valve Market by Country
10.1 Germany Automotive Electric Coolant Valve Market
10.1.1 Germany Automotive Electric Coolant Valve Market by Voltage
10.1.2 Germany Automotive Electric Coolant Valve Market by Type
10.1.3 Germany Automotive Electric Coolant Valve Market by Modulation Type
10.1.4 Germany Automotive Electric Coolant Valve Market by Vehicle Type
10.1.5 Germany Automotive Electric Coolant Valve Market by Communication Protocol
10.2 UK Automotive Electric Coolant Valve Market
10.2.1 UK Automotive Electric Coolant Valve Market by Voltage
10.2.2 UK Automotive Electric Coolant Valve Market by Type
10.2.3 UK Automotive Electric Coolant Valve Market by Modulation Type
10.2.4 UK Automotive Electric Coolant Valve Market by Vehicle Type
10.2.5 UK Automotive Electric Coolant Valve Market by Communication Protocol
10.3 France Automotive Electric Coolant Valve Market
10.3.1 France Automotive Electric Coolant Valve Market by Voltage
10.3.2 France Automotive Electric Coolant Valve Market by Type
10.3.3 France Automotive Electric Coolant Valve Market by Modulation Type
10.3.4 France Automotive Electric Coolant Valve Market by Vehicle Type
10.3.5 France Automotive Electric Coolant Valve Market by Communication Protocol
10.4 Russia Automotive Electric Coolant Valve Market
10.4.1 Russia Automotive Electric Coolant Valve Market by Voltage
10.4.2 Russia Automotive Electric Coolant Valve Market by Type
10.4.3 Russia Automotive Electric Coolant Valve Market by Modulation Type
10.4.4 Russia Automotive Electric Coolant Valve Market by Vehicle Type
10.4.5 Russia Automotive Electric Coolant Valve Market by Communication Protocol
10.5 Spain Automotive Electric Coolant Valve Market
10.5.1 Spain Automotive Electric Coolant Valve Market by Voltage
10.5.2 Spain Automotive Electric Coolant Valve Market by Type
10.5.3 Spain Automotive Electric Coolant Valve Market by Modulation Type
10.5.4 Spain Automotive Electric Coolant Valve Market by Vehicle Type
10.5.5 Spain Automotive Electric Coolant Valve Market by Communication Protocol
10.6 Italy Automotive Electric Coolant Valve Market
10.6.1 Italy Automotive Electric Coolant Valve Market by Voltage
10.6.2 Italy Automotive Electric Coolant Valve Market by Type
10.6.3 Italy Automotive Electric Coolant Valve Market by Modulation Type
10.6.4 Italy Automotive Electric Coolant Valve Market by Vehicle Type
10.6.5 Italy Automotive Electric Coolant Valve Market by Communication Protocol
10.7 Rest of Europe Automotive Electric Coolant Valve Market
10.7.1 Rest of Europe Automotive Electric Coolant Valve Market by Voltage
10.7.2 Rest of Europe Automotive Electric Coolant Valve Market by Type
10.7.3 Rest of Europe Automotive Electric Coolant Valve Market by Modulation Type
10.7.4 Rest of Europe Automotive Electric Coolant Valve Market by Vehicle Type
10.7.5 Rest of Europe Automotive Electric Coolant Valve Market by Communication Protocol
Chapter 11. Company Profiles
11.1 Emerson Electric Co.
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 Recent strategies and developments:
11.1.5.1 Product Launches and Product Expansions:
11.1.5.2 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 Siemens AG
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Acquisition and Mergers:
11.2.6 SWOT Analysis
11.3 Robert Bosch GmbH
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Research & Development Expense
11.3.5 SWOT Analysis
11.4 Parker-Hannifin Corporation
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 SWOT Analysis
11.5 Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.)
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Regional Analysis
11.5.4 Research & Development Expenses
11.5.5 Recent strategies and developments:
11.5.5.1 Geographical Expansions:
11.5.6 SWOT Analysis
11.6 Honeywell International, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Partnerships, Collaborations, and Agreements:
11.6.5.2 Product Launches and Product Expansions:
11.6.6 SWOT Analysis
11.7 Continental AG
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Research & Development Expense
11.7.5 SWOT Analysis
11.8 Robertshaw (One Rock Capital Partners, LLC)
11.8.1 Company Overview
11.8.2 SWOT Analysis
11.9 VOSS Fluid GmbH (VOSS Holding GmbH + Co. KG)
11.9.1 Company Overview
11.9.2 SWOT Analysis
11.10. Rotex Automation Limited
11.10.1 Company Overview
11.10.2 SWOT Analysis

Companies Mentioned

  • Emerson Electric Co.
  • Siemens AG
  • Robert Bosch GmbH
  • Parker-Hannifin Corporation
  • Hanon Systems (Hahn & Co. Auto Holdings Co., Ltd.)
  • Honeywell International, Inc.
  • Continental AG
  • Robertshaw (One Rock Capital Partners, LLC)
  • VOSS Fluid GmbH (VOSS Holding GmbH + Co. KG)
  • Rotex Automation Limited

Methodology

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