Global Electric Vehicle Liquid Cooling Plates (LCP) Market Research Report 2023

The core components of the Battery Thermal Management System mainly include battery coolers and battery water cooling plates. The battery water-cooling plate is essentially a kind of radiator with a cooling water jacket embedded inside. When the cooling liquid in the cooling water jacket flows, the heat transferred from the power battery to the water-cooling plate is taken out through convection heat exchange to complete the heat dissipation effect. The cooling plate is one of the most critical components in the liquid cooling system of the battery pack, and the selection of the cooling plate is very important.

According to Researcher's new survey, global Electric Vehicle Liquid Cooling Plates (LCP) market is projected to reach US$ 3532.2 million in 2029, increasing from US$ 730 million in 2022, with the CAGR of 29.0% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Electric Vehicle Liquid Cooling Plates (LCP) market research.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

Report Scope

This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Electric Vehicle Liquid Cooling Plates (LCP) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.



By Company


Valeo

Hella

MAHLE

Nippon Light Metal

Modine Manufacturing

ESTRA Automotive

Mersen

Bespoke Composite Panel

Senior Flexonics

Priatherm

Dana

Kaweller

SANHUA Automotive

Yinlun

Sanhua Intelligent Controls

Songz Automobile Air Conditioning

Nabaichuan Holding

Cotran New Material

Zhejiang Lurun Group



Segment by Type


Harmonica Tube Type Liquid Cooling Plates

Stamping Type Liquid Cooling Plates

Inflation Type Liquid Cooling Plates



Segment by Application


Battery Electric Vehicle (BEV)

Plug-in Hybrid Electric Vehicle (PHEV)


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

The Electric Vehicle Liquid Cooling Plates (LCP) report covers below items:

Chapter 1: Product Basic Information (Definition, type and application)

Chapter 2: Manufacturers’ Competition Patterns

Chapter 3: Production Region Distribution and Analysis

Chapter 4: Country Level Sales Analysis

Chapter 5: Product Type Analysis

Chapter 6: Product Application Analysis

Chapter 7: Manufacturers’ Outline

Chapter 8: Industry Chain, Market Channel and Customer Analysis

Chapter 9: Market Opportunities and Challenges

Chapter 10: Market Conclusions

Chapter 11: Research Methodology and Data Source