Global Electric Vehicle Thermal Management System Market Growth (Status and Outlook) 2025-2031

Global Electric Vehicle Thermal Management System Market Growth (Status and Outlook) 2025-2031

The global Electric Vehicle Thermal Management System market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Electric Vehicle Thermal Management System includes the thermal management of the air-conditioning system and the three-electric heat management. Compared with the traditional fuel vehicles, the power source of the air-conditioning system is transformed from the engine to the battery, and the important heat source is lost during heating.

In China, Electric Vehicle Thermal Management System key players include Sanhua Holding Group, DENSO, Sanden Holdings Corporation, Yinlun, etc. Global top four manufacturers hold a share nearly 40%.

East China is the largest market, with a share over 30%, followed by South China, and Central China, both have a share about 50 percent.

In terms of product, Power System is the largest segment, with a share over 30%. And in terms of application, the largest application is Pure Electric Vehicle, followed by Plug-in Electric Vehicle.

LPI (LP Information)' newest research report, the “Electric Vehicle Thermal Management System Industry Forecast” looks at past sales and reviews total world Electric Vehicle Thermal Management System sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vehicle Thermal Management System sales for 2025 through 2031. With Electric Vehicle 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 Electric Vehicle Thermal Management System industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicle 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 analyses the strategies of leading global companies with a focus on Electric Vehicle 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 Electric Vehicle Thermal Management System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicle 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 Electric Vehicle Thermal Management System.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicle Thermal Management System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Power System
Air Conditioning System

Segmentation by Application:
Pure Electric Vehicle
Plug-in Electric Vehicle

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.
Sanhua Holding Group
DENSO
Sanden Holdings Corporation
Yinlun
Aotecar New Energy Technology
HASCO
Hanon Systems
SONGZ
Zhongding Group
Mahle
TENGLONG
Valeo
Feilong Auto Components

Please note: The report will take approximately 2 business days to prepare and deliver.