Global Automotive Battery Thermal Management System
Market Report
2024
Automotive Battery Thermal Management System Market size is USD 2.2 Billion in 2024 and will expand at a compound annual growth rate (CAGR) of 18.20% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global automotive battery thermal management system market size will be USD 2.2 billion in 2024. It will spread at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Automotive Battery Thermal Management System Market Sales Revenue 2024 | $ 2.2 Billion |
Global Automotive Battery Thermal Management System Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 18.2% |
Market Split by Battery Capacity |
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Market Split by Vehicle |
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Market Split by Battery Type |
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Market Split by Propulsion |
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Market Split by Technology |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Automotive Battery Thermal Management System Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Automotive battery thermal management systems are used in the automotive industry to record vehicle data, transactions, and supply chain details. It enhances transparency, traceability, and data security within automotive ecosystems, offering benefits like fraud prevention and improved efficiency. One of the key drivers that propel the growth of the automotive battery thermal management system market is the expansion of charging infrastructure. As the adoption of electric vehicles increases globally, there is a critical need for robust charging networks to support this transition. The proliferation of charging stations, including fast chargers, across highways, urban areas, and workplaces addresses range anxiety and enhances the appeal of EVs to consumers.
Rising Adoption of Electric Vehicles — One key driver in the automotive battery thermal management system market is the rising adoption of electric vehicles. As more consumers and governments prioritize sustainability and seek alternatives to traditional combustion engines, EVs have gained significant traction. With increasing demand for EVs globally and advancements in battery technology, the automotive battery thermal management system market is poised for expansion to support the mainstream adoption of electric vehicles. Advancements in battery technology.
Regulatory challenges serve as a significant restraint in the automotive battery thermal management system market. High costs of electric vehicles hinder market growth.
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January 2021: Robert Bosch GmbH raised the variety of electric vehicles up to a certain % with intelligent thermal management. It has achieved it by combining a heat pump with new coolant pumps and valves to get the vehicle's precise distribution of heat and cold.
Top Companies Market Share in Automotive Battery Thermal Management System Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the automotive battery thermal management system market due to increasing demand for electric vehicles (EVs), which is pushing the adoption of efficient battery thermal management systems, stringent environmental regulations, advancements in battery technologies, and a growing focus on sustainable mobility. These factors contribute to an outlook for the growth of the market in the region.
Asia-Pacific stands out as the fastest-growing region in the automotive battery thermal management system market due to the increasing adoption of electric vehicles, strict environmental regulations are pushing automakers to enhance battery efficiency and safety through thermal management solutions, rising investments in research and development, and more advanced and effective thermal management technologies. Overall, these drivers are propelling the rise of the market in the Asia-Pacific region.
The current report Scope analyzes Automotive Battery Thermal Management System Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Automotive Battery Thermal Management System Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Automotive Battery Thermal Management System Industry growth. Automotive Battery Thermal Management System market has been segmented with the help of its Battery Capacity, Vehicle Battery Type, and others. Automotive Battery Thermal Management System market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, the <100 kWh segment stands out as the dominating category. It encompasses vehicles with relatively smaller battery capacities, typically suited for compact and mid-sized electric vehicles (EVs). This segment focuses on efficient cooling and heating solutions to maintain battery performance and longevity. They often incorporate liquid cooling or air cooling technologies tailored to the specific requirements of smaller battery packs. This segment represents a crucial aspect of enhancing the viability and adoption of EVs in the mainstream automotive market.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Automotive Battery Thermal Management System from 2019 to 2031. This will also help to analyze the demand for Automotive Battery Thermal Management System across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Vehicle of Automotive Battery Thermal Management System are:
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Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Automotive Battery Thermal Management System Market is witnessing significant growth in the near future.
In 2023, the <100 kWh segment accounted for noticeable share of global Automotive Battery Thermal Management System Market and is projected to experience significant growth in the near future.
The Passenger Vehicle segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies LG Chem (South Korea) , Gentherm (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Battery Capacity | <100 kWh, 100-200 kWh, 200-500 kWh, >500 kWh |
Vehicle | Passenger Vehicle, Commercial Vehicle |
Battery Type | Conventional, Solid-State |
Propulsion | Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Fuel Cell Vehicle (FCV) |
Technology | Active, Passive |
List of Competitors | LG Chem (South Korea), Continental (Germany), Gentherm (US), Robert Bosch (Germany), Valeo (France), Calsonic Kansei (Japan), Dana (US), Hanon System (Korea), Samsung SDI (Korea), MAHLE (Germany), VOSS Automotive (Germany), CapTherm Systems (Canada) |
This chapter will help you gain GLOBAL Market Analysis of Automotive Battery Thermal Management System. Further deep in this chapter, you will be able to review Global Automotive Battery Thermal Management System Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Battery Capacity Analysis 2019 -2031, will provide market size split by Battery Capacity. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Battery Capacity Analysis 2019 -2031
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Chapter 11 Market Split by Vehicle Analysis 2019 -2031
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Chapter 12 Market Split by Battery Type Analysis 2019 -2031
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Chapter 13 Market Split by Propulsion Analysis 2019 -2031
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Chapter 14 Market Split by Technology Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Automotive Battery Thermal Management System market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why <100 kWh have a significant impact on Automotive Battery Thermal Management System market? |
What are the key factors affecting the <100 kWh and 100-200 kWh of Automotive Battery Thermal Management System Market? |
What is the CAGR/Growth Rate of Passenger Vehicle during the forecast period? |
By type, which segment accounted for largest share of the global Automotive Battery Thermal Management System Market? |
Which region is expected to dominate the global Automotive Battery Thermal Management System Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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