Global Automotive Battery Thermal Management System Market Growth 2023-2029
Automotive Battery Thermal Management System is a system controlling the cooling and pre-heating of battery used in electric and hybrid vehicles. Automotive Battery Thermal Management System is part of the automotive thermal management system. It ensures batteries operate within a certain temperature range, will be crucial to helping electric cars drive greater distances for a longer period of time. The major parts of automotive battery thermal management system are Cooling plate, battery cooler, electronic water pump and electronic expansion valve. Most of these parts are produced by the system suppliers
LPI (LP Information)' newest research report, the “Automotive Battery Thermal Management System Industry Forecast” looks at past sales and reviews total world Automotive Battery Thermal Management System sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Battery Thermal Management System sales for 2023 through 2029. With Automotive Battery Thermal Management System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Battery Thermal Management System industry.
This Insight Report provides a comprehensive analysis of the global Automotive Battery Thermal Management System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Battery Thermal Management System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Battery Thermal Management System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Battery Thermal Management System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Battery Thermal Management System.
The global Automotive Battery Thermal Management System market size is projected to grow from US$ 769.6 million in 2022 to US$ 3910.8 million in 2029; it is expected to grow at a CAGR of 3910.8 from 2023 to 2029.
Mahle, Valeo, Hanon Systems, Gentherm and Dana are the top 5 manufacturters of Automotive Battery Thermal Management System, with about 66% market shares.
Europe is the largest consumption place, with a consumption market share nearly 61%. Following Europe, Asia Pacific is the second largest consumption place with the consumption market share of 20%.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Battery Thermal Management System market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Liquid Cooling and Heating
Air Cooling and Heating
Segmentation by application
PHEV
BEV
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mahle
Valeo
Hanon Systems
Gentherm
Dana
Grayson
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Battery Thermal Management System market?
What factors are driving Automotive Battery Thermal Management System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Battery Thermal Management System market opportunities vary by end market size?
How does Automotive Battery Thermal Management System break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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