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Global Automotive Battery Thermal Management System Sales Market Report 2023

SKU ID : QYR-22289495 | Publishing Date : 02-Jan-2023 | No. of pages : 119

Market Analysis and Insights: Global Automotive Battery Thermal Management System Market

Automotive Battery Thermal Management System is a system controlling the cooling and pre-heating of battery used in electric and hybrid vehicles. Automotive Battery Thermal Management System is part of the automotive thermal management system. It ensures batteries operate within a certain temperature range, will be crucial to helping electric cars drive greater distances for a longer period of time. The major parts of automotive battery thermal management system are Cooling plate, battery cooler, electronic water pump and electronic expansion valve. Most of these parts are produced by the system suppliers

Due to the COVID-19 pandemic, the global Automotive Battery Thermal Management System market size is estimated to be worth US$ 786.7 million in 2022 and is forecast to a readjusted size of US$ 3858.4 million by 2029 with a CAGR of 25.2% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Liquid Cooling and Heating accounting for % of the Automotive Battery Thermal Management System global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While PHEV segment is altered to an % CAGR throughout this forecast period.

Mahle, Valeo, Hanon Systems, Gentherm and Dana are the top 5 manufacturters of Automotive Battery Thermal Management System, with about 66% market shares.

Europe is the largest consumption place, with a consumption market share nearly 61%. Following Europe, Asia Pacific is the second largest consumption place with the consumption market share of 20%.

Global Automotive Battery Thermal Management System Scope and Market Size

The global Automotive Battery Thermal Management System market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Automotive Battery Thermal Management System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.



Segment by Type



Liquid Cooling and Heating

Air Cooling and Heating



Segment by Application



PHEV

BEV


By Region


United States

Europe

China

Japan

Southeast Asia

India

Other Regions



By Company



Mahle

Valeo

Hanon Systems

Gentherm

Dana

Grayson

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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