The global electric vehicle battery thermal management systems market size was USD 4.70 Billion in 2022 and is expected to register a revenue CAGR of 20.50% during the forecast period, according to latest analysis by Emergen Research. Electric vehicle battery thermal management systems market revenue growth is driven by factors such as rising demand for electric vehicles, increasing adoption of new technologies in lithium-ion batteries, government regulation & incentives, increasing automotive Original Equipment Manufacturers (OEMs), and supplier partnerships and technological advancements.
The thermal management of these vehicles affects their performance, reliability, and robustness, among other factors. Electric automobiles need optimal temperatures that are neither too hot nor too cold to function properly. An electric vehicle’s battery pack, power electronics, and motor must perform effectively at optimal temperatures. When kept at the proper temperature, the battery’s charge, health, and capacity are all maintained. Power electronic systems and motors display their optimal functioning profiles at ideal temperatures.
The latest and updated research report on the Global Electric Vehicle Battery Thermal Management Systems Market covers a comprehensive overview of the Electric Vehicle Battery Thermal Management Systems market, future economic condition, competitive landscape mapping, supply and demand trends, and production and consumption analysis. The report also covers the influence of the COVID-19 pandemic on the Electric Vehicle Battery Thermal Management Systems market. The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.
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Competitive Outlook: The leading companies operating in the Electric Vehicle Battery Thermal Management Systems market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Electric Vehicle Battery Thermal Management Systems Market and Profiled in the Report are:
Valeo, Hanon Systems., SAMSUNG SDI CO., LTD, VOSS Automotive GmbH, MAHLE GmbH, Dana Limited, GENTHERM, Robert Bosch GmbH, Continental AG., LG Chem
Objectives of the Report:
Study of the global Electric Vehicle Battery Thermal Management Systems market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Electric Vehicle Battery Thermal Management Systems market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Electric Vehicle Battery Thermal Management Systems market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Electric Vehicle Battery Thermal Management Systems market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
- Propulsion Type Outlook (Revenue, USD Billion; 2019-2032)
- Battery Electric (BEV)
- Plug-in Hybrid (PHEV)
- Hybrid Electric (HEV)
- Technology Outlook (Revenue, USD Billion; 2019-2032)
- Air Cooling and Heating
- Liquid Cooling and Heating
- Phase Change Material (PCM)
- Vehicle Type Outlook (Revenue, USD Billion; 2019-2032)
- Passenger Cars
- Commercial Vehicle
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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