Global EV Battery Cooling Systems Industry Growth and Trends Forecast to 2031

Summary

According to APO Research, The global EV Battery Cooling Systems market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for EV Battery Cooling Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for EV Battery Cooling Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for EV Battery Cooling Systems is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global companies of EV Battery Cooling Systems include Grayson, Hanon Systems, Valeo, Webasto Electrified, Dana, Gentherm and Mahle, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for EV Battery Cooling Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EV Battery Cooling Systems.

The EV Battery Cooling Systems market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global EV Battery Cooling Systems market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

EV Battery Cooling Systems Segment by Company

Grayson
Hanon Systems
Valeo
Webasto Electrified
Dana
Gentherm
Mahle

EV Battery Cooling Systems Segment by Type
Liquid Cooling System
Air Cooling System

EV Battery Cooling Systems Segment by Application

Plug-in Hybrid Electric Vehicle (PHEV)
Battery Electric Vehicle (BEV)

EV Battery Cooling Systems Segment by Region

North America

United States

Canada

Mexico
Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland
Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia
South America

Brazil

Argentina

Chile
Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global EV Battery Cooling Systems market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of EV Battery Cooling Systems and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of EV Battery Cooling Systems.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2020-2025, 2026-2031). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of EV Battery Cooling Systems companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report

Please Note: Single-User license will be delivered via PDF from the publisher without the rights to print or to edit.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global EV Battery Cooling Systems Market Size Overview by Region 2020 VS 2024 VS 2031
1.4 Global EV Battery Cooling Systems Market Size by Region (2020-2031)
1.4.1 Global EV Battery Cooling Systems Market Size by Region (2020-2025)
1.4.2 Global EV Battery Cooling Systems Market Size by Region (2026-2031)
1.5 Key Regions EV Battery Cooling Systems Market Size (2020-2031)
1.5.1 North America EV Battery Cooling Systems Market Size Growth Rate (2020-2031)
1.5.2 Europe EV Battery Cooling Systems Market Size Growth Rate (2020-2031)
1.5.3 Asia-Pacific EV Battery Cooling Systems Market Size Growth Rate (2020-2031)
1.5.4 South America EV Battery Cooling Systems Market Size Growth Rate (2020-2031)
1.5.5 Middle East & Africa EV Battery Cooling Systems Market Size Growth Rate (2020-2031)
2 EV Battery Cooling Systems Market by Type
2.1 Type Introduction
2.1.1 Liquid Cooling System
2.1.2 Air Cooling System
2.2 Global EV Battery Cooling Systems Market Size by Type
2.2.1 Global EV Battery Cooling Systems Market Size Overview by Type (2020-2031)
2.2.2 Global EV Battery Cooling Systems Historic Market Size Review by Type (2020-2025)
2.2.3 Global EV Battery Cooling Systems Market Size Forecasted by Type (2026-2031)
2.3 Global EV Battery Cooling Systems Market Size by Regions
2.3.1 North America EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025)
2.3.2 Europe EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025)
2.3.3 Asia-Pacific EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025)
2.3.4 South America EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025)
2.3.5 Middle East and Africa EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025)
3 EV Battery Cooling Systems Market by Application
3.1 Type Introduction
3.1.1 Plug-in Hybrid Electric Vehicle (PHEV)
3.1.2 Battery Electric Vehicle (BEV)
3.2 Global EV Battery Cooling Systems Market Size by Application
3.2.1 Global EV Battery Cooling Systems Market Size Overview by Application (2020-2031)
3.2.2 Global EV Battery Cooling Systems Historic Market Size Review by Application (2020-2025)
3.2.3 Global EV Battery Cooling Systems Market Size Forecasted by Application (2026-2031)
3.3 Global EV Battery Cooling Systems Market Size by Regions
3.3.1 North America EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025)
3.3.2 Europe EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025)
3.3.3 Asia-Pacific EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025)
3.3.4 South America EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025)
3.3.5 Middle East and Africa EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025)
4 Global Market Dynamics
4.1 EV Battery Cooling Systems Industry Trends
4.2 EV Battery Cooling Systems Industry Drivers
4.3 EV Battery Cooling Systems Industry Opportunities and Challenges
4.4 EV Battery Cooling Systems Industry Restraints
5 Competitive Insights by Company
5.1 Global Top Players by EV Battery Cooling Systems Revenue (2020-2025)
5.2 Global EV Battery Cooling Systems Industry Company Ranking, 2023 VS 2024 VS 2025
5.3 Global EV Battery Cooling Systems Key Company Headquarters & Area Served
5.4 Global EV Battery Cooling Systems Company, Product Type & Application
5.5 Global EV Battery Cooling Systems Company Commercialization Time
5.6 Market Competitive Analysis
5.6.1 Global EV Battery Cooling Systems Market CR5 and HHI
5.6.2 Global Top 5 and 10 EV Battery Cooling Systems Players Market Share by Revenue in 2024
5.6.3 2024 EV Battery Cooling Systems Tier 1, Tier 2, and Tier 3
6 Company Profiles
6.1 Grayson
6.1.1 Grayson Comapny Information
6.1.2 Grayson Business Overview
6.1.3 Grayson EV Battery Cooling Systems Revenue, Global Share and Gross Margin (2020-2025)
6.1.4 Grayson EV Battery Cooling Systems Product Portfolio
6.1.5 Grayson Recent Developments
6.2 Hanon Systems
6.2.1 Hanon Systems Comapny Information
6.2.2 Hanon Systems Business Overview
6.2.3 Hanon Systems EV Battery Cooling Systems Revenue, Global Share and Gross Margin (2020-2025)
6.2.4 Hanon Systems EV Battery Cooling Systems Product Portfolio
6.2.5 Hanon Systems Recent Developments
6.3 Valeo
6.3.1 Valeo Comapny Information
6.3.2 Valeo Business Overview
6.3.3 Valeo EV Battery Cooling Systems Revenue, Global Share and Gross Margin (2020-2025)
6.3.4 Valeo EV Battery Cooling Systems Product Portfolio
6.3.5 Valeo Recent Developments
6.4 Webasto Electrified
6.4.1 Webasto Electrified Comapny Information
6.4.2 Webasto Electrified Business Overview
6.4.3 Webasto Electrified EV Battery Cooling Systems Revenue, Global Share and Gross Margin (2020-2025)
6.4.4 Webasto Electrified EV Battery Cooling Systems Product Portfolio
6.4.5 Webasto Electrified Recent Developments
6.5 Dana
6.5.1 Dana Comapny Information
6.5.2 Dana Business Overview
6.5.3 Dana EV Battery Cooling Systems Revenue, Global Share and Gross Margin (2020-2025)
6.5.4 Dana EV Battery Cooling Systems Product Portfolio
6.5.5 Dana Recent Developments
6.6 Gentherm
6.6.1 Gentherm Comapny Information
6.6.2 Gentherm Business Overview
6.6.3 Gentherm EV Battery Cooling Systems Revenue, Global Share and Gross Margin (2020-2025)
6.6.4 Gentherm EV Battery Cooling Systems Product Portfolio
6.6.5 Gentherm Recent Developments
6.7 Mahle
6.7.1 Mahle Comapny Information
6.7.2 Mahle Business Overview
6.7.3 Mahle EV Battery Cooling Systems Revenue, Global Share and Gross Margin (2020-2025)
6.7.4 Mahle EV Battery Cooling Systems Product Portfolio
6.7.5 Mahle Recent Developments
7 North America
7.1 North America EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
7.2 North America EV Battery Cooling Systems Market Size by Country (2020-2025)
7.3 North America EV Battery Cooling Systems Market Size Forecast by Country (2026-2031)
8 Europe
8.1 Europe EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
8.2 Europe EV Battery Cooling Systems Market Size by Country (2020-2025)
8.3 Europe EV Battery Cooling Systems Market Size Forecast by Country (2026-2031)
9 Asia-Pacific
9.1 Asia-Pacific EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
9.2 Asia-Pacific EV Battery Cooling Systems Market Size by Country (2020-2025)
9.3 Asia-Pacific EV Battery Cooling Systems Market Size Forecast by Country (2026-2031)
10 South America
10.1 South America EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
10.2 South America EV Battery Cooling Systems Market Size by Country (2020-2025)
10.3 South America EV Battery Cooling Systems Market Size Forecast by Country (2026-2031)
11 Middle East & Africa
11.1 Middle East & Africa EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country: 2020 VS 2024 VS 2031
11.2 Middle East & Africa EV Battery Cooling Systems Market Size by Country (2020-2025)
11.3 Middle East & Africa EV Battery Cooling Systems Market Size Forecast by Country (2026-2031)
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources
List of Tables
Table 1. Global EV Battery Cooling Systems Market Size (US$ Million) Comparison by Region: 2020 VS 2024 VS 2031
Table 2. Global EV Battery Cooling Systems Market Size by Region (2020-2025) & (US$ Million)
Table 3. Global EV Battery Cooling Systems Market Share by Region (2020-2025)
Table 4. Global EV Battery Cooling Systems Market Size by Region (2026-2031) & (US$ Million)
Table 5. Global EV Battery Cooling Systems Market Share by Region (2026-2031)
Table 6. Global EV Battery Cooling Systems Market Size by Type (2020 VS 2024 VS 2031) & (US$ Million)
Table 7. Global EV Battery Cooling Systems Market Size by Type (2020-2025) & (US$ Million)
Table 8. Global EV Battery Cooling Systems Market Size Share by Type (2020-2025)
Table 9. Global EV Battery Cooling Systems Market Size Forecasted by Type (2026-2031) & (US$ Million)
Table 10. Global EV Battery Cooling Systems Market Size Share Forecasted by Type (2026-2031)
Table 11. North America EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 12. North America EV Battery Cooling Systems Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 13. Europe EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 14. Europe EV Battery Cooling Systems Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 15. Asia-Pacific EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 16. Asia-Pacific EV Battery Cooling Systems Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 17. Latin America EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 18. Latin America EV Battery Cooling Systems Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 19. Middle East and Africa EV Battery Cooling Systems Market Size Breakdown by Type (2020-2025) & (US$ Million)
Table 20. Middle East and Africa EV Battery Cooling Systems Market Size Breakdown by Type (2026-2031) & (US$ Million)
Table 21. Global EV Battery Cooling Systems Market Size by Application (2020 VS 2024 VS 2031) & (US$ Million)
Table 22. Global EV Battery Cooling Systems Market Size by Application (2020-2025) & (US$ Million)
Table 23. Global EV Battery Cooling Systems Market Size Share by Application (2020-2025)
Table 24. Global EV Battery Cooling Systems Market Size Forecasted by Application (2026-2031) & (US$ Million)
Table 25. Global EV Battery Cooling Systems Market Size Share Forecasted by Application (2026-2031)
Table 26. North America EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 27. North America EV Battery Cooling Systems Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 28. Europe EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 29. Europe EV Battery Cooling Systems Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 30. Asia-Pacific EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 31. Asia-Pacific EV Battery Cooling Systems Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 32. Latin America EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 33. Latin America EV Battery Cooling Systems Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 34. Middle East and Africa EV Battery Cooling Systems Market Size Breakdown by Application (2020-2025) & (US$ Million)
Table 35. Middle East and Africa EV Battery Cooling Systems Market Size Breakdown by Application (2026-2031) & (US$ Million)
Table 36. EV Battery Cooling Systems Industry Trends
Table 37. EV Battery Cooling Systems Industry Drivers
Table 38. EV Battery Cooling Systems Industry Opportunities and Challenges
Table 39. EV Battery Cooling Systems Industry Restraints
Table 40. Global EV Battery Cooling Systems Revenue by Company (US$ Million) & (2020-2025)
Table 41. Global EV Battery Cooling Systems Revenue Market Share by Company (2020-2025)
Table 42. Global EV Battery Cooling Systems Industry Company Ranking, 2023 VS 2024 VS 2025
Table 43. Global EV Battery Cooling Systems Key Company Headquarters & Area Served
Table 44. Global EV Battery Cooling Systems Company, Product Type & Application
Table 45. Global EV Battery Cooling Systems Company Commercialization Time
Table 46. Global Company Market Concentration Ratio (CR5 and HHI)
Table 47. Global EV Battery Cooling Systems by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2024)
Table 48. Grayson Business Overview
Table 49. Grayson EV Battery Cooling Systems Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 50. Grayson EV Battery Cooling Systems Product Portfolio
Table 51. Grayson Recent Development
Table 52. Hanon Systems Company Information
Table 53. Hanon Systems Business Overview
Table 54. Hanon Systems EV Battery Cooling Systems Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 55. Hanon Systems EV Battery Cooling Systems Product Portfolio
Table 56. Hanon Systems Recent Development
Table 57. Valeo Company Information
Table 58. Valeo Business Overview
Table 59. Valeo EV Battery Cooling Systems Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 60. Valeo EV Battery Cooling Systems Product Portfolio
Table 61. Valeo Recent Development
Table 62. Webasto Electrified Company Information
Table 63. Webasto Electrified Business Overview
Table 64. Webasto Electrified EV Battery Cooling Systems Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 65. Webasto Electrified EV Battery Cooling Systems Product Portfolio
Table 66. Webasto Electrified Recent Development
Table 67. Dana Company Information
Table 68. Dana Business Overview
Table 69. Dana EV Battery Cooling Systems Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 70. Dana EV Battery Cooling Systems Product Portfolio
Table 71. Dana Recent Development
Table 72. Gentherm Company Information
Table 73. Gentherm Business Overview
Table 74. Gentherm EV Battery Cooling Systems Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 75. Gentherm EV Battery Cooling Systems Product Portfolio
Table 76. Gentherm Recent Development
Table 77. Mahle Company Information
Table 78. Mahle Business Overview
Table 79. Mahle EV Battery Cooling Systems Revenue (US$ Million), Global Share (%) and Gross Margin (2020-2025)
Table 80. Mahle EV Battery Cooling Systems Product Portfolio
Table 81. Mahle Recent Development
Table 82. North America EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 83. North America EV Battery Cooling Systems Market Size by Country (2020-2025) & (US$ Million)
Table 84. North America EV Battery Cooling Systems Market Share by Country (2020-2025)
Table 85. North America EV Battery Cooling Systems Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 86. North America EV Battery Cooling Systems Market Share Forecast by Country (2026-2031)
Table 87. Europe EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 88. Europe EV Battery Cooling Systems Market Size by Country (2020-2025) & (US$ Million)
Table 89. Europe EV Battery Cooling Systems Market Share by Country (2020-2025)
Table 90. Europe EV Battery Cooling Systems Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 91. Europe EV Battery Cooling Systems Market Share Forecast by Country (2026-2031)
Table 92. Asia-Pacific EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 93. Asia-Pacific EV Battery Cooling Systems Market Size by Country (2020-2025) & (US$ Million)
Table 94. Asia-Pacific EV Battery Cooling Systems Market Share by Country (2020-2025)
Table 95. Asia-Pacific EV Battery Cooling Systems Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 96. Asia-Pacific EV Battery Cooling Systems Market Share Forecast by Country (2026-2031)
Table 97. Latin America EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 98. Latin America EV Battery Cooling Systems Market Size by Country (2020-2025) & (US$ Million)
Table 99. Latin America EV Battery Cooling Systems Market Share by Country (2020-2025)
Table 100. Latin America EV Battery Cooling Systems Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 101. Latin America EV Battery Cooling Systems Market Share Forecast by Country (2026-2031)
Table 102. Middle East & Africa EV Battery Cooling Systems Market Size Growth Rate (CAGR) by Country (US$ Million): 2020 VS 2024 VS 2031
Table 103. Middle East & Africa EV Battery Cooling Systems Market Size by Country (2020-2025) & (US$ Million)
Table 104. Middle East & Africa EV Battery Cooling Systems Market Share by Country (2020-2025)
Table 105. Middle East & Africa EV Battery Cooling Systems Market Size Forecast by Country (2026-2031) & (US$ Million)
Table 106. Middle East & Africa EV Battery Cooling Systems Market Share Forecast by Country (2026-2031)
Table 107. Research Programs/Design for This Report
Table 108. Authors List of This Report
Table 109. Secondary Sources
Table 110. Primary Sources

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