Global Battery Thermal Management System for Mobility and Consumer Electronics Market 2023-2029
A battery thermal management system (BTMS) is an essential component of battery-powered mobility and consumer electronic devices. BTMS helps to regulate the temperature within the battery, preventing overheating or overcooling. This can prolong battery life, ensuring that the performance of the device is consistent over a longer period. It can also minimize the risk of thermal runaway, which can lead to battery swelling, venting, or in some cases, explosion. The system helps to maintain the temperature within safe operating limits, ensuring user safety. The global battery thermal management system for mobility and consumer electronics market is anticipated to increase by USD 15.4 billion till 2029 at an average annual growth of 23.8 percent as per the latest market estimates.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global battery thermal management system for mobility and consumer electronics market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, battery type, technology, application, and region. The global market for battery thermal management system for mobility and consumer electronics can be segmented by type: hybrid, passive, active. The active segment is estimated to account for the largest share of the global battery thermal management system for mobility and consumer electronics market. Battery thermal management system for mobility and consumer electronics market is further segmented by battery type: solid-state batteries, conventional batteries. The conventional batteries segment held the largest revenue share in 2022. Based on technology, the battery thermal management system for mobility and consumer electronics market is segmented into: air cooling and heating, liquid cooling and heating, refrigerant cooling and heating, others. Globally, the liquid cooling and heating segment made up the largest share of the battery thermal management system for mobility and consumer electronics market. On the basis of application, the battery thermal management system for mobility and consumer electronics market also can be divided into: mobility, consumer electronics. The mobility segment was the largest contributor to the global battery thermal management system for mobility and consumer electronics market in 2022. Battery thermal management system for mobility and consumer electronics market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.
Market Segmentation
By type: hybrid, passive, active
By battery type: solid-state batteries, conventional batteries
By technology: air cooling and heating, liquid cooling and heating, refrigerant cooling and heating, others
By application: mobility, consumer electronics
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The market research report covers the analysis of key stake holders of the global battery thermal management system for mobility and consumer electronics market. Some of the leading players profiled in the report include Valeo SA, Mahle GmbH, Samsung SDI Co., Ltd., Robert Bosch GmbH, LG Chem Ltd., Denso Corporation, BorgWarner Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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