The global automotive battery thermal management system market size is expected treach USD 15,265.63 million by 2034, according ta new study by Polaris Market Research. The report “Automotive Battery Thermal Management System Market Size, Share, Trends, Industry Analysis Report: By Technology (Active Battery Thermal Management System and Passive Battery Thermal Management System), Battery Type, Vehicle Type, Propulsion, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.
Automotive battery thermal management system (BTMS) is an automotive component responsible for regulating the battery temperature in vehicles. It works by continuously monitoring the battery’s temperature and responding by cooling or heating the battery tkeep it operating within its ideal temperature range.
The significant increase in the adoption of electric vehicles (EVs), along with the rising need timprove battery performance and efficiency, is driving the automotive battery thermal management systems (BTMS) market demand. The increasing awareness among consumers regarding the use of eco-friendly vehicles and the growing preference for advanced lithium-ion batteries further fuels the automotive BTMS market expansion.
Rising focus on technological advancements and the growing implementation of battery-driven public transport are among the key automotive battery thermal management system market trends anticipated tdrive market growth. New emerging markets, evolving consumer demographics, and stringent government regulations would provide growth opportunities for the market in the coming years.
Automotive battery thermal management system manufacturers are continuously experimenting with new arrangements, materials, and designs timprove the durability and longevity of their BTMS. The adoption of new technologies in manufacturing processes is expected treduce manufacturing time and enable manufacturers tdevelop advanced automotive BTMS.
Automotive Battery Thermal Management System Market Report Highlights
Based on vehicle type, the passenger vehicles segment accounted for a larger share of the automotive BTMS market revenue in 2024. This is primarily due tthe significant growth in the urban population and their varied commute requirements.
Based on propulsion, the hybrid electric vehicle segment is projected twitness the highest CAGR from 2025 t2034. Hybrid EVs provide the benefits of both conventional vehicles and an electric automobile, which boosts their demand. Thus, rising preference for these vehicles drives the segment growth.
Asia Pacific accounted for the largest share of the global market in 2024, primarily due tthe high adoption of EVs in major economies such as China.
Europe held the second-largest share of the automotive battery thermal management system (BTMS) market in 2024. The presence of several leading market players and major automobile companies is fueling the European market growth.
A few global key players in the market are Robert Bosch GmbH, Dana Incorporated, LG Chem., Calsonic Kansei Corporation, Continental AG, Gentherm Incorporated, VOSS Automotive, CapTherm Systems, Hanon Systems, and Mahle Behr GmbH.
Polaris Market Research has segmented the automotive battery thermal management system market on the basis of technology, battery type, vehicle type, propulsion, and region:
By Technology Outlook (Revenue – USD Million, 2020–2034)
Active Battery Thermal Management System
Passive Battery Thermal Management System
By Battery Type Outlook (Revenue – USD Million, 2020–2034)
Conventional Batteries
Solid-State Batteries
By Vehicle Type Outlook (Revenue – USD Million, 2020–2034)
Passenger Vehicles
Commercial Vehicles
By Propulsion Outlook (Revenue – USD Million, 2020–2034)
Battery Electric Vehicles
Hybrid Electric Vehicles
Plug-in Electric Vehicles
Fuel Cell Vehicles
By Regional Outlook (Revenue – USD Million, 2020–2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of the Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
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