| Product Code: ETC5898263 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Armenia electric coolant pump market witnessed a significant increase in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of 54.94%. Particularly noteworthy was the year-on-year growth rate of 8.72% observed in 20232024, contributing to the overall upward trend in imports during this period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Electric Coolant Pump Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Electric Coolant Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Electric Coolant Pump Market - Industry Life Cycle |
3.4 Armenia Electric Coolant Pump Market - Porter's Five Forces |
3.5 Armenia Electric Coolant Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Armenia Electric Coolant Pump Market Revenues & Volume Share, By Sealless, 2021 & 2031F |
3.7 Armenia Electric Coolant Pump Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 Armenia Electric Coolant Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of electric vehicles in Armenia |
4.2.2 Government initiatives promoting energy efficiency and sustainability |
4.2.3 Growing awareness about the environmental impact of traditional coolant pumps |
4.3 Market Restraints |
4.3.1 High initial costs associated with electric coolant pumps |
4.3.2 Limited charging infrastructure for electric vehicles in Armenia |
4.3.3 Lack of skilled workforce for maintenance and repair of electric coolant pumps |
5 Armenia Electric Coolant Pump Market Trends |
6 Armenia Electric Coolant Pump Market Segmentations |
6.1 Armenia Electric Coolant Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Electric Coolant Pump Market Revenues & Volume, By Sealed, 2021-2031F |
6.1.3 Armenia Electric Coolant Pump Market Revenues & Volume, By Sealless, 2021-2031F |
6.2 Armenia Electric Coolant Pump Market, By Sealless |
6.2.1 Overview and Analysis |
6.2.2 Armenia Electric Coolant Pump Market Revenues & Volume, By Electrical, 2021-2031F |
6.2.3 Armenia Electric Coolant Pump Market Revenues & Volume, By Magnetic, 2021-2031F |
6.3 Armenia Electric Coolant Pump Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 Armenia Electric Coolant Pump Market Revenues & Volume, By |
6.3.3 Armenia Electric Coolant Pump Market Revenues & Volume, By >100W, 2021-2031F |
7 Armenia Electric Coolant Pump Market Import-Export Trade Statistics |
7.1 Armenia Electric Coolant Pump Market Export to Major Countries |
7.2 Armenia Electric Coolant Pump Market Imports from Major Countries |
8 Armenia Electric Coolant Pump Market Key Performance Indicators |
8.1 Energy efficiency improvements in electric coolant pumps |
8.2 Adoption rate of electric vehicles in Armenia |
8.3 Number of government policies supporting the use of electric coolant pumps |
8.4 Increase in demand for environmentally friendly automotive components |
8.5 Number of training programs for maintenance of electric coolant pumps |
9 Armenia Electric Coolant Pump Market - Opportunity Assessment |
9.1 Armenia Electric Coolant Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Armenia Electric Coolant Pump Market Opportunity Assessment, By Sealless, 2021 & 2031F |
9.3 Armenia Electric Coolant Pump Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 Armenia Electric Coolant Pump Market - Competitive Landscape |
10.1 Armenia Electric Coolant Pump Market Revenue Share, By Companies, 2024 |
10.2 Armenia Electric Coolant Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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