Battery Thermal Management System Market by Propulsion (BEV, PHEV, FCEV), Offering (BTMS With Battery, BTMS Without Battery), Technology (Active, Passive, Hybrid), Battery Type, Battery Capacity, Vehicle Type and Region - Forecast to 2030
The global BTMS market size is projected to grow from USD 3.7 billion in 2024 to USD 8.5 billion by 2030, at a CAGR of 14.7%. The BTMS market is witnessing robust growth driven by increasing demand for electric vehicles and issues related to battery safety may drive the market for BTMS systems. Electric vehicles require advanced sensors and cooling systems in harmony to ensure safe and efficient operation, which is expected to increase the demand for BTMS systems in these vehicles. Growing innovation related to BTMS components like thermal sensors, battery packs, cooling, and other are also expected to drive the BTMS market.
The Lithium ion battery segment is expected to see notable growth opportunities during the forecast period
Lithium-ion batteries employed in EVs exhibit optimal performance within a narrow temperature threshold. Hence, the regulation of this battery pack's temperature emerges as a critical factor for ensuring prolonged battery and cell lifespan. BTMS assumes responsibility for proficient temperature regulation with sensors. With their prices reducing, the demand for these batteries is estimated to rise, which will directly impact the BTMS market and surge further over the forecast period. CATL (China), a major battery manufacturer, has planned to expand its production capacity outside China. It has planned a manufacturing site at Erfurt in Germany that will have a capacity of 14 GWh in 2022 and 60 GWh by 2026. Also, in January 2024, XING Mobility (China) introduced immersion cooling technology for electric vehicle batteries. All these factors are expected to drive the demand for lithium-ion batteries.
Passenger vehicles segment to show the biggest growth in the BTMS market during the forecast period
The passenger vehicles segment, encompassing a diverse range of vehicles from sedans to SUVs, holds immense potential for the adoption of EVs. As the largest segment in the automotive industry, it serves as a pivotal arena for technological advancements like solid-state batteries and BTMS. Particularly in emerging economies across the Asia Pacific region, where market growth is buoyed by factors such as rising GDP, population, lifestyle improvements, and infrastructure development, the integration of advanced battery technologies becomes crucial. OEMs such as Audi employ a coolant volume of 5.8 gallons, circulated through a 40-meter tube, in conjunction with a standard heat pump in its fully electric model, the e-tron. This system comprises four circuits designed to cool the electric motors, encompassing their rotors, the power electronics, and the charger. Furthermore, the system guarantees that the battery remains within its optimal efficiency range of 25°C to 35°C across diverse scenarios, spanning from cold starts in winter conditions to rapid highway driving during hot summer periods.
China is expected to show substantial growth in the Asia Pacific region for BTMS market
China stands at the forefront of the global EV revolution, boasting the largest market for new energy vehicles (NEVs) in the Asia Pacific region and beyond. As the world's largest automotive market, China's policies and initiatives significantly shape the trajectory of the EV sector, including advancements in battery technology and thermal management systems. The increasing demand for EVs in China has amplified the importance of effective BTMS. As EV adoption accelerates, there is a growing emphasis on developing advanced thermal management solutions that can meet the evolving market needs. Chinese companies, in collaboration with domestic and international partners, are at the forefront of developing innovative BTMS. Advanced cooling and heating technologies, coupled with intelligent thermal management algorithms, are being deployed to enhance the efficiency and reliability of EV batteries in diverse operating conditions. For instance, in June 2023, CATL started the production of Qilin battery packs, which are integrated with advanced BTMS technology.
In-depth interviews were conducted with CXOs, marketing directors, other innovation and technology managers, and executives from various key organizations operating in the BTMS market. The break-up of the primaries is as follows:
Research Coverage:
The study covers the BTMS market across various segments. It aims at estimating the market size and future growth potential of this market across different segments such as Battery type, Battery capacity, Vehilcle type, Propulsion Type, Technology type, By offering and Region. The study also includes an in-depth competitive analysis of key market players, their company profiles, key observations related to product and business offerings, recent developments, and acquisitions.
This research report categorizes BTMS market by Battery Type (Lithium -ion and Solid State batteries), Vehicle Type (Passenger Vehicles and Commercial vehicle), By Technology (Active technology, Passive technology, and Hybrid Technology), Propulsion type (Battery electric vehicles, Fuel cell electric vehicles, and Plug-in hybrid electric vehicles), By Offering (BTMS with Battery and BTMS without Battery), ByBattery Capacity (<100 KWH, 100-200 KWH, 200-500 KWH, and >500 KWH) and Region (Asia Pacific, Europe, and North America and rest of the world).
The report's scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the BTMS market. A detailed analysis of the key industry players provides insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the BTMS market. Competitive analysis of SMEs/startups in the BTMS market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall BTMS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
The Lithium ion battery segment is expected to see notable growth opportunities during the forecast period
Lithium-ion batteries employed in EVs exhibit optimal performance within a narrow temperature threshold. Hence, the regulation of this battery pack's temperature emerges as a critical factor for ensuring prolonged battery and cell lifespan. BTMS assumes responsibility for proficient temperature regulation with sensors. With their prices reducing, the demand for these batteries is estimated to rise, which will directly impact the BTMS market and surge further over the forecast period. CATL (China), a major battery manufacturer, has planned to expand its production capacity outside China. It has planned a manufacturing site at Erfurt in Germany that will have a capacity of 14 GWh in 2022 and 60 GWh by 2026. Also, in January 2024, XING Mobility (China) introduced immersion cooling technology for electric vehicle batteries. All these factors are expected to drive the demand for lithium-ion batteries.
Passenger vehicles segment to show the biggest growth in the BTMS market during the forecast period
The passenger vehicles segment, encompassing a diverse range of vehicles from sedans to SUVs, holds immense potential for the adoption of EVs. As the largest segment in the automotive industry, it serves as a pivotal arena for technological advancements like solid-state batteries and BTMS. Particularly in emerging economies across the Asia Pacific region, where market growth is buoyed by factors such as rising GDP, population, lifestyle improvements, and infrastructure development, the integration of advanced battery technologies becomes crucial. OEMs such as Audi employ a coolant volume of 5.8 gallons, circulated through a 40-meter tube, in conjunction with a standard heat pump in its fully electric model, the e-tron. This system comprises four circuits designed to cool the electric motors, encompassing their rotors, the power electronics, and the charger. Furthermore, the system guarantees that the battery remains within its optimal efficiency range of 25°C to 35°C across diverse scenarios, spanning from cold starts in winter conditions to rapid highway driving during hot summer periods.
China is expected to show substantial growth in the Asia Pacific region for BTMS market
China stands at the forefront of the global EV revolution, boasting the largest market for new energy vehicles (NEVs) in the Asia Pacific region and beyond. As the world's largest automotive market, China's policies and initiatives significantly shape the trajectory of the EV sector, including advancements in battery technology and thermal management systems. The increasing demand for EVs in China has amplified the importance of effective BTMS. As EV adoption accelerates, there is a growing emphasis on developing advanced thermal management solutions that can meet the evolving market needs. Chinese companies, in collaboration with domestic and international partners, are at the forefront of developing innovative BTMS. Advanced cooling and heating technologies, coupled with intelligent thermal management algorithms, are being deployed to enhance the efficiency and reliability of EV batteries in diverse operating conditions. For instance, in June 2023, CATL started the production of Qilin battery packs, which are integrated with advanced BTMS technology.
In-depth interviews were conducted with CXOs, marketing directors, other innovation and technology managers, and executives from various key organizations operating in the BTMS market. The break-up of the primaries is as follows:
- By Company Type: OEMs – 24%, Tier 1 –67% and Tier 2 & 3 – 9%,
- By Designation: CXO – 33%, Managers – 52%, and Executives – 15%
- By Region: North America – 26%, Europe – 30%, Asia Pacific – 35%, and ROW¬¬-9%
Research Coverage:
The study covers the BTMS market across various segments. It aims at estimating the market size and future growth potential of this market across different segments such as Battery type, Battery capacity, Vehilcle type, Propulsion Type, Technology type, By offering and Region. The study also includes an in-depth competitive analysis of key market players, their company profiles, key observations related to product and business offerings, recent developments, and acquisitions.
This research report categorizes BTMS market by Battery Type (Lithium -ion and Solid State batteries), Vehicle Type (Passenger Vehicles and Commercial vehicle), By Technology (Active technology, Passive technology, and Hybrid Technology), Propulsion type (Battery electric vehicles, Fuel cell electric vehicles, and Plug-in hybrid electric vehicles), By Offering (BTMS with Battery and BTMS without Battery), ByBattery Capacity (<100 KWH, 100-200 KWH, 200-500 KWH, and >500 KWH) and Region (Asia Pacific, Europe, and North America and rest of the world).
The report's scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the BTMS market. A detailed analysis of the key industry players provides insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, and recent developments associated with the BTMS market. Competitive analysis of SMEs/startups in the BTMS market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall BTMS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Rising adoption of Electric Vehicles, Innovation in EV battery system, and Stringent regulatory and safety standards), restraints (Complexities associated design components and Inadequate infrastructure for EV charging in emerging market), opportunities (Growing potential of modular design, Increasing R&D investment for advance battery thermal solution, implementation of BTMS for optimal battery performance, and innovation within e-compressor by key OEMS), and challenges (Safety concerns associated with battery reliability and irregular operation of BTMS in extreme conditions) influencing the growth of the BTMS market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the BTMS market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the BTMS market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the BTMS market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Robert Bosch (Germany), Gentherm (US), Continental AG (Germany), Denso (Japan), BorgWarner Inc. (US), Webasto Group (Germany) among others in the BTMS market.
- Strategies: The report also helps stakeholders understand the pulse of the BTMS market and provides them information on key market drivers, restraints, challenges, and opportunities
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
TABLE 1 BATTERY THERMAL MANAGEMENT SYSTEM MARKET DEFINITION, BY TECHNOLOGY
TABLE 2 BATTERY THERMAL MANAGEMENT SYSTEM MARKET DEFINITION, BY BATTERY TYPE
TABLE 3 BATTERY THERMAL MANAGEMENT SYSTEM MARKET DEFINITION, BY PROPULSION TYPE
TABLE 4 BATTERY THERMAL MANAGEMENT SYSTEM MARKET DEFINITION, BY VEHICLE TYPE
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 5 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 SEGMENTS COVERED
FIGURE 1 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: SEGMENTS COVERED
1.3.2 REGIONS COVERED
FIGURE 2 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.3.4 CURRENCY CONSIDERED
TABLE 6 USD EXCHANGE RATES, 2018–2022
1.3.5 UNITS CONSIDERED
1.4 STAKEHOLDERS
1.5 SUMMARY OF CHANGES
1.5.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 RESEARCH DESIGN
FIGURE 4 RESEARCH DESIGN MODEL
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Objectives of primary research
2.1.2.2 Primary interviews: demand and supply sides
FIGURE 5 BREAKDOWN OF PRIMARIES
2.1.2.3 List of primary participants
2.2 MARKET SIZE ESTIMATION
FIGURE 6 RESEARCH ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
FIGURE 7 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 8 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: TOP-DOWN APPROACH
2.2.3 RECESSION IMPACT ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION METHODOLOGY
FIGURE 10 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
2.4 FACTOR ANALYSIS
2.4.1 DEMAND- AND SUPPLY-SIDE FACTOR ANALYSIS
2.4.2 REGIONAL ECONOMY IMPACT ANALYSIS
2.5 STUDY ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 11 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: MARKET OVERVIEW
FIGURE 12 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024 VS. 2030 (USD MILLION)
FIGURE 13 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2024 VS. 2030 (USD MILLION)
FIGURE 14 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024 VS. 2030 (USD MILLION)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET
FIGURE 15 INNOVATION IN BATTERY TECHNOLOGIES AND HIGH DEMAND FOR ELECTRIC VEHICLES TO DRIVE MARKET
4.2 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE
FIGURE 16 BATTERY ELECTRIC VEHICLES TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
4.3 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE
FIGURE 17 PASSENGER VEHICLES TO DOMINATE MARKET DURING STUDY PERIOD
4.4 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE
FIGURE 18 LITHIUM-ION BATTERIES TO GROW AT HIGHER CAGR DURING STUDY PERIOD
4.5 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY
FIGURE 19 HYBRID SYSTEMS TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD
4.6 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY
FIGURE 20 <100 KWH SEGMENT TO DOMINATE MARKET FROM 2024 TO 2030
4.7 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY OFFERING
FIGURE 21 BTMS WITHOUT BATTERY SEGMENT TO COMMAND LARGER MARKET SHARE DURING STUDY PERIOD
4.8 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION
FIGURE 22 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 23 OVERVIEW OF WORKING METHOD FOR BATTERY THERMAL MANAGEMENT SYSTEMS
5.2 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 24 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
5.3 MARKET DYNAMICS
FIGURE 25 BATTERY THERMAL MANAGEMENT SYSTEM: MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Rising adoption of electric vehicles
FIGURE 26 ELECTRIC PASSENGER CAR SALES DATA FOR KEY COUNTRIES, 2019–2023 (THOUSAND UNITS)
5.3.1.2 Innovation in EV battery systems
TABLE 7 ADVANCEMENTS/INNOVATIONS IN BATTERY TECHNOLOGY
5.3.1.3 Stringent regulatory and safety standards
TABLE 8 GOVERNMENT REGULATIONS AND SAFETY STANDARDS, 2020–2023
5.3.2 RESTRAINTS
5.3.2.1 Complexities associated with design components
5.3.2.2 Low adoption rate of electric vehicles in emerging markets
5.3.3 OPPORTUNITIES
5.3.3.1 Growing potential of modular design
5.3.3.2 Increasing R&D investments for advanced battery thermal solutions
5.3.3.3 Innovation in e-compressors by major OEMs
FIGURE 27 E-COMPRESSOR COMPONENTS
TABLE 9 E-COMPRESSOR ADVANCEMENTS/INNOVATIONS
5.3.4 CHALLENGES
5.3.4.1 Safety concerns associated with battery reliability
5.3.4.2 Irregular operation of battery thermal management solutions in extreme temperatures
FIGURE 28 EFFECT OF TEMPERATURE ON BATTERY PERFORMANCE
TABLE 10 IMPACT ANALYSIS OF MARKET DYNAMICS
5.4 ECOSYSTEM ANALYSIS
FIGURE 29 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: ECOSYSTEM MAP
TABLE 11 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: ROLE IN ECOSYSTEM
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PROPULSION TYPE, 2023
TABLE 12 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PROPULSION TYPE, 2023
5.5.2 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY PROPULSION TYPE, 2021–2023
TABLE 13 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY PROPULSION TYPE, 2021–2023 (USD)
FIGURE 30 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY PROPULSION TYPE, 2021–2023 (USD)
5.5.3 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY REGION, 2023
TABLE 14 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY REGION, 2023 (USD)
FIGURE 31 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY REGION, 2023 (USD)
5.6 INSIGHTS ON BATTERY THERMAL MANAGEMENT SYSTEM COMPONENTS
5.6.1 THERMAL SENSORS
FIGURE 32 PRESENCE OF THERMAL SENSORS IN VEHICLES
5.6.1.1 Recent developments/Deals
TABLE 15 THERMAL SENSORS: RECENT DEVELOPMENTS/DEALS
5.6.2 COOLING PLATES
5.6.2.1 Recent developments/Deals
TABLE 16 COOLING PLATES: RECENT DEVELOPMENTS/DEALS
5.6.3 BATTERY PACKS
FIGURE 33 BATTERY PACK DESIGN
5.6.3.1 Recent developments/Deals
TABLE 17 BATTERY PACKS: DEVELOPMENTS/DEALS
5.6.4 PUMPS AND FANS
FIGURE 34 FUNCTION OF WATER/GLYCOL ELECTRIC PUMPS
FIGURE 35 THERMAL MANAGEMENT WITH PUMPS
5.6.4.1 Recent developments/Deals
TABLE 18 PUMPS AND FANS: RECENT DEVELOPMENTS/DEALS
5.6.5 COOLANTS
FIGURE 36 GENERAL SCHEMATIC OF BATTERY PACK COOLING
5.6.5.1 Recent developments/Deals
TABLE 19 COOLANTS: RECENT DEVELOPMENTS/DEALS
5.7 OEM REQUIREMENTS FOR BATTERY THERMAL MANAGEMENT SYSTEMS
5.7.1 VOLKSWAGEN
FIGURE 37 ADVANTAGES MEB PLATFORM
5.7.1.1 Key analysis
5.7.2 AUDI
FIGURE 38 MEB VS. PPE BATTERY SYSTEM
FIGURE 39 THERMAL MANAGEMENT OF AUDI Q6 E-TRON QUATTRO
5.7.2.1 Key analysis
5.7.3 TESLA
5.7.3.1 Key analysis
FIGURE 40 TESLA MODEL 3 BATTERY MODULE
FIGURE 41 TESLA BATTERY COOLING SYSTEM
5.7.4 BYD
5.7.4.1 Key analysis
FIGURE 42 SCHEMATIC OF BYD BLADE BATTERY
5.7.5 BMW
5.7.5.1 Key analysis
TABLE 20 BATTERY THERMAL MANAGEMENT REQUIREMENTS, BY OEM
5.8 VALUE CHAIN ANALYSIS
FIGURE 43 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: VALUE CHAIN ANALYSIS
5.9 CASE STUDY ANALYSIS
5.9.1 BATTERY THERMAL MANAGEMENT CHALLENGES FOR TESLA
5.9.2 ADVANCED THERMAL CELL BARRIER FOR EV BATTERY PACKS
5.9.3 ENHANCEMENT OF EV PERFORMANCE WITH IMMERSION COOLING BATTERY TECHNOLOGY
5.9.4 BMW I3 BATTERY THERMAL MANAGEMENT FOR URBAN EFFICIENCY
5.10 INVESTMENT AND FUNDING SCENARIO
FIGURE 44 INVESTMENTS AND FUNDING IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET, 2022–2024
TABLE 21 LIST OF FUNDING ACTIVITIES BY KEY PLAYERS, 2022–2024
5.11 PATENT ANALYSIS
FIGURE 45 NUMBER OF PUBLISHED PATENTS, 2014–2023
5.11.1 TOP PATENT APPLICANTS
FIGURE 46 TOP PATENT APPLICATIONS, 2014–2023
TABLE 22 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: PATENT REGISTRATIONS, 2022–2024
5.12 TECHNOLOGY ANALYSIS
5.12.1 KEY TECHNOLOGIES
5.12.1.1 Thermoelectric cooling
FIGURE 47 THERMOELECTRIC COOLING
5.12.1.2 Graphene-based thermal interface material
5.12.2 ADJACENT TECHNOLOGIES
5.12.2.1 Liquid cooling systems
FIGURE 48 LIQUID COOLING SYSTEMS
5.12.2.2 Refrigerant-based cooling systems
FIGURE 49 REFRIGERANT-BASED COOLING SYSTEMS
5.12.3 COMPLEMENTARY TECHNOLOGIES
5.12.3.1 Advancements in thermal cooling plates
FIGURE 50 BATTERY COOLING PLATES
5.12.3.2 Advancements in thermal sensors
FIGURE 51 THERMAL SENSORS DETECTING FAULTY BATTERY
5.12.3.3 Phase change material
FIGURE 52 PHASE CHANGE MATERIALS IN BATTERY THERMAL MANAGEMENT
5.13 REGULATORY ANALYSIS
TABLE 23 REGULATIONS AND INITIATIVES IN BATTERY THERMAL MANAGEMENT SYSTEMS
5.13.1 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 27 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: LIST OF KEY CONFERENCES AND EVENTS
5.15 HS CODE
TABLE 28 IMPORT DATA FOR HS CODE 903289, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 29 EXPORT DATA FOR HS CODE 903289, BY COUNTRY, 2021–2023 (USD MILLION)
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA
5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 53 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY VEHICLE TYPE
TABLE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY VEHICLE TYPE (%)
5.16.2 KEY BUYING CRITERIA
FIGURE 54 KEY BUYING CRITERIA FOR BATTERY THERMAL MANAGEMENT SYSTEMS, BY VEHICLE TYPE
TABLE 31 KEY BUYING CRITERIA FOR BATTERY THERMAL MANAGEMENT SYSTEMS, BY VEHICLE TYPE
6 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY
6.1 INTRODUCTION
FIGURE 55 TYPES OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY TECHNOLOGY
FIGURE 56 ACTIVE AND PASSIVE BATTERY THERMAL MANAGEMENT TECHNOLOGIES
TABLE 32 ELECTRIC VEHICLE MODELS, BY TECHNOLOGY
FIGURE 57 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2024 VS. 2030 (USD MILLION)
TABLE 33 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2019–2023 (THOUSAND UNITS)
TABLE 34 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2024–2030 (THOUSAND UNITS)
TABLE 35 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 36 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)
6.2 ACTIVE SYSTEMS
6.2.1 RISING NEED FOR PERFORMANCE OPTIMIZATION AND IMPROVED LONGEVITY TO DRIVE MARKET
FIGURE 58 ACTIVE LIQUID COOLING SYSTEM
TABLE 37 ACTIVE SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 38 ACTIVE SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 39 ACTIVE SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 40 ACTIVE SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
6.3 HYBRID SYSTEMS
6.3.1 COST-EFFECTIVENESS AND IMPROVED BATTERY RELIABILITY TO FUEL MARKET GROWTH
FIGURE 59 HYBRID COOLING SYSTEM
TABLE 41 HYBRID SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 42 HYBRID SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 43 HYBRID SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 44 HYBRID SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
6.4 PASSIVE SYSTEMS
6.4.1 BETTER BATTERY PERFORMANCE TO BOOST MARKET GROWTH
FIGURE 60 PASSIVE LIQUID COOLING SYSTEM
6.5 KEY PRIMARY INSIGHTS
7 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE
7.1 INTRODUCTION
FIGURE 61 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2024 VS. 2030 (USD MILLION)
TABLE 45 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 46 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 47 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2019–2023 (USD MILLION)
TABLE 48 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2024–2030 (USD MILLION)
7.2 LITHIUM-ION BATTERIES
7.2.1 COMPACT SIZE, HIGH ENERGY DENSITY, AND LONG LIFESPAN TO AUGMENT MARKET GROWTH
TABLE 49 LITHIUM-ION BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 50 LITHIUM-ION BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 51 LITHIUM-ION BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 52 LITHIUM-ION BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
7.3 SOLID-STATE BATTERIES
7.3.1 INCREASED SAFETY AND FASTER CHARGING SPEED TO DRIVE MARKET
TABLE 53 SOLID-STATE BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 54 SOLID-STATE BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
7.4 KEY PRIMARY INSIGHTS
8 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE
8.1 INTRODUCTION
FIGURE 62 ELECTRIC VEHICLE BATTERY THERMAL MANAGEMENT
FIGURE 63 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2024 VS. 2030 (USD MILLION)
TABLE 55 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 56 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 57 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
TABLE 58 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
8.2 PASSENGER VEHICLES
8.2.1 INCREASING PREFERENCE FOR SUSTAINABILITY AND ENERGY EFFICIENCY TO DRIVE MARKET
TABLE 59 PASSENGER VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 60 PASSENGER VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 61 PASSENGER VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 62 PASSENGER VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
8.3 COMMERCIAL VEHICLES
8.3.1 GROWING ADOPTION OF ELECTRIC COMMERCIAL VEHICLES TO BOOST MARKET GROWTH
TABLE 63 COMMERCIAL VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 64 COMMERCIAL VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 65 COMMERCIAL VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 66 COMMERCIAL VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
8.4 KEY PRIMARY INSIGHTS
9 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY
9.1 INTRODUCTION
FIGURE 64 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2024–2030 (USD MILLION)
TABLE 67 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2019–2023 (THOUSAND UNITS)
TABLE 68 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2024–2030 (THOUSAND UNITS)
TABLE 69 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2019–2023 (USD MILLION)
TABLE 70 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2024–2030 (USD MILLION)
TABLE 71 ELECTRIC VEHICLE MODELS, BY VEHICLE CAPACITY
9.2 <100 KWH
9.2.1 RISING DEMAND FOR PASSENGER VEHICLES AND ELECTRIC PICKUP TRUCKS TO DRIVE MARKET
FIGURE 65 AUDI RS E-TRON GT PROTOTYPE
TABLE 72 <100 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 73 <100 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 74 <100 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 75 <100 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
9.3 100–200 KWH
9.3.1 INCREASING NEED FOR ZERO-EMISSION VEHICLES IN LOGISTICS SECTOR TO PROPEL MARKET GROWTH
TABLE 76 100–200 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 77 100–200 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 78 100–200 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 79 100–200 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
9.4 200–500 KWH
9.4.1 HIGH DEMAND FOR FASTER ACCELERATION AND GREATER POWER OUTPUT TO AID MARKET GROWTH
TABLE 80 200–500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 81 200–500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 82 200–500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 83 200–500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
9.5 >500 KWH
9.5.1 GROWING ADOPTION OF HIGH-CAPACITY BATTERY PACKS IN ELECTRIFIED FLEET VEHICLES TO DRIVE MARKET
TABLE 84 >500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 85 >500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 86 >500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 87 >500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
9.6 KEY PRIMARY INSIGHTS
10 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY OFFERING
10.1 INTRODUCTION
FIGURE 66 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2024 VS. 2030 (USD MILLION)
TABLE 88 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2019–2023 (THOUSAND UNITS)
TABLE 89 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2024–2030 (THOUSAND UNITS)
TABLE 90 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 91 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2024–2030 (USD MILLION)
10.2 BTMS WITH BATTERY
10.2.1 HIGH BATTERY PERFORMANCE AND IMPROVED DURABILITY TO DRIVE MARKET
TABLE 92 BTMS WITH BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 93 BTMS WITH BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 94 BTMS WITH BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 95 BTMS WITH BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2024–2030 (USD MILLION)
10.3 BTMS WITHOUT BATTERY
10.3.1 INCREASING CONTROL OF ORIGINAL EQUIPMENT MANUFACTURERS ON BATTERY MANUFACTURING TO PROPEL MARKET GROWTH
TABLE 96 BTMS WITHOUT BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 97 BTMS WITHOUT BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 98 BTMS WITHOUT BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 99 BTMS WITHOUT BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2024–2030 (USD MILLION)
10.4 KEY PRIMARY INSIGHTS
11 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE
11.1 INTRODUCTION
FIGURE 67 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024 VS. 2030 (USD MILLION)
TABLE 100 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 101 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 102 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 103 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
11.2 BATTERY ELECTRIC VEHICLES
11.2.1 GROWING ENVIRONMENTAL AWARENESS AMONG CONSUMERS TO DRIVE MARKET
TABLE 104 BATTERY ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 105 BATTERY ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 106 BATTERY ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 107 BATTERY ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
11.3 PLUG-IN HYBRID ELECTRIC VEHICLES
11.3.1 IMPROVED INFRASTRUCTURE AND INCREASED GOVERNMENT INCENTIVES TO AID MARKET GROWTH
FIGURE 68 BATTERY THERMAL MANAGEMENT SYSTEM IN PLUG-IN HYBRID ELECTRIC VEHICLES
TABLE 108 PLUG-IN HYBRID ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 109 PLUG-IN HYBRID ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 110 PLUG-IN HYBRID ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 111 PLUG-IN HYBRID ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
11.4 FUEL CELL ELECTRIC VEHICLES
11.4.1 TECHNOLOGICAL ADVANCEMENTS IN HYDROGEN PROPULSION TO AUGMENT MARKET GROWTH
FIGURE 69 KEY COMPONENTS OF HYDROGEN FUEL CELL ELECTRIC VEHICLES
TABLE 112 FUEL CELL ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 113 FUEL CELL ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 114 FUEL CELL ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 115 FUEL CELL ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
11.5 KEY PRIMARY INSIGHTS
12 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 70 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024 VS. 2030 (USD MILLION)
TABLE 116 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 117 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 118 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 119 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
12.2 ASIA PACIFIC
12.2.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 71 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET SNAPSHOT
TABLE 120 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
TABLE 121 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
TABLE 122 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 123 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.2.2 CHINA
12.2.2.1 China to command largest market share during study period
TABLE 124 CHINA: LIST OF OEM MODELS WITH BATTERY THERMAL MANAGEMENT SYSTEMS, 2023–2024
TABLE 125 CHINA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 126 CHINA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 127 CHINA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 128 CHINA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.2.3 INDIA
12.2.3.1 Favorable government policies and initiatives to boost market growth
TABLE 129 INDIA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 130 INDIA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 131 INDIA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 132 INDIA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.2.4 JAPAN
12.2.4.1 Increasing focus on manufacturing EV batteries to augment market growth
TABLE 133 JAPAN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 134 JAPAN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 135 JAPAN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 136 JAPAN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.2.5 SOUTH KOREA
12.2.5.1 Increased adoption of electric vehicles to support market growth
TABLE 137 SOUTH KOREA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 138 SOUTH KOREA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 139 SOUTH KOREA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 140 SOUTH KOREA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.2.6 REST OF ASIA PACIFIC
TABLE 141 REST OF ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 142 REST OF ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 143 REST OF ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 144 REST OF ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3 EUROPE
12.3.1 EUROPE: RECESSION IMPACT
FIGURE 72 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, 2024 VS. 2030 (USD MILLION)
TABLE 145 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
TABLE 146 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
TABLE 147 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 148 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.3.2 FRANCE
12.3.2.1 Favorable government incentives to drive adoption of electric vehicles and associated technologies
TABLE 149 FRANCE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 150 FRANCE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 151 FRANCE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 152 FRANCE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.3 GERMANY
12.3.3.1 Supportive regulatory framework and increased investments in charging infrastructure to spur market growth
TABLE 153 GERMANY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 154 GERMANY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 155 GERMANY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 156 GERMANY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.4 NORWAY
12.3.4.1 Need for effective thermal insulation and high investments by OEMs to augment market growth
TABLE 157 NORWAY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 158 NORWAY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 159 NORWAY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 160 NORWAY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.5 UK
12.3.5.1 High consumer demand for clean transportation to drive market
TABLE 161 UK: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 162 UK: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 163 UK: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 164 UK: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.6 SWEDEN
12.3.6.1 Increasing government initiatives and funding programs to aid market growth
TABLE 165 SWEDEN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 166 SWEDEN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 167 SWEDEN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 168 SWEDEN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.7 NETHERLANDS
12.3.7.1 Need for optimal temperature management in electric vehicles to propel market growth
TABLE 169 NETHERLANDS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 170 NETHERLANDS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 171 NETHERLANDS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 172 NETHERLANDS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.8 REST OF EUROPE
TABLE 173 REST OF EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 174 REST OF EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 175 REST OF EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 176 REST OF EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.4 NORTH AMERICA
12.4.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 73 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET SNAPSHOT
TABLE 177 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
TABLE 178 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
TABLE 179 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 180 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.4.2 US
12.4.2.1 US to command largest share in North American battery thermal management system market during forecast period
TABLE 181 US: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 182 US: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 183 US: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 184 US: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.4.3 CANADA
12.4.3.1 Increased focus on sustainable transportation to drive market
TABLE 185 CANADA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 186 CANADA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 187 CANADA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 188 CANADA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.5 REST OF THE WORLD
12.5.1 REST OF THE WORLD: RECESSION IMPACT
FIGURE 74 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, 2024 VS. 2030 (USD MILLION)
TABLE 189 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
TABLE 190 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
TABLE 191 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 192 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.5.2 UAE
12.5.2.1 Favorable government initiatives and infrastructural developments to fuel market growth
TABLE 193 UAE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 194 UAE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 195 UAE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 196 UAE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.5.3 EGYPT
12.5.3.1 Increasing focus on local electric vehicle manufacturing to boost market growth
TABLE 197 EGYPT: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 198 EGYPT: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 199 EGYPT: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 200 EGYPT: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.5.4 SOUTH AFRICA
12.5.4.1 Rising investments in renewable energy technologies and growing focus on local manufacturing to drive market
TABLE 201 SOUTH AFRICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 202 SOUTH AFRICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 203 SOUTH AFRICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 204 SOUTH AFRICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 KEY PLAYER STRATEGY/RIGHT TO WIN
13.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET
TABLE 205 OVERVIEW OF STRATEGIES DEPLOYED BY PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET
13.3 REVENUE ANALYSIS
FIGURE 75 REVENUE ANALYSIS OF KEY PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET (2019–2023)
13.4 MARKET RANKING ANALYSIS
FIGURE 76 MARKET RANKING OF KEY PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET (2023)
13.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
FIGURE 77 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
13.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
13.5.5.1 Company footprint
TABLE 206 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: COMPANY FOOTPRINT
13.5.5.2 Technology footprint
TABLE 207 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: TECHNOLOGY FOOTPRINT
13.5.5.3 Battery type footprint
TABLE 208 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: BATTERY TYPE FOOTPRINT
13.5.5.4 Vehicle type footprint
TABLE 209 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: VEHICLE TYPE FOOTPRINT
13.5.5.5 Propulsion type footprint
TABLE 210 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: PROPULSION TYPE FOOTPRINT
13.5.5.6 Region footprint
TABLE 211 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: REGION FOOTPRINT
13.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
13.6.1 PROGRESSIVE COMPANIES
13.6.2 RESPONSIVE COMPANIES
13.6.3 DYNAMIC COMPANIES
13.6.4 STARTING BLOCKS
FIGURE 78 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023
13.6.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023
TABLE 212 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 213 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES
13.7 VALUATION & FINANCIAL METRICS
13.7.1 COMPANY VALUATION
FIGURE 79 COMPANY VALUATION OF TOP FIVE PLAYERS
13.7.2 FINANCIAL METRICS
FIGURE 80 EV/EBITDA OF TOP FIVE PLAYERS
13.8 BRAND/PRODUCT COMPARISON
FIGURE 81 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS
13.9 COMPETITIVE SCENARIO
13.9.1 PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 214 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2021–APRIL 2024
13.9.2 DEALS
TABLE 215 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: DEALS, JANUARY 2021–APRIL 2024
13.9.3 EXPANSIONS
TABLE 216 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: EXPANSIONS, JANUARY 2021–APRIL 2024
13.9.4 OTHER DEVELOPMENTS
TABLE 217 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14 COMPANY PROFILES
(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*
14.1 KEY PLAYERS
14.1.1 ROBERT BOSCH GMBH
TABLE 218 ROBERT BOSCH GMBH: COMPANY OVERVIEW
FIGURE 82 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
FIGURE 83 ROBERT BOSCH GMBH: GEOGRAPHICAL PRESENCE
TABLE 219 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 220 ROBERT BOSCH GMBH: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 221 ROBERT BOSCH GMBH: DEALS, JANUARY 2021–APRIL 2024
TABLE 222 ROBERT BOSCH GMBH: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 223 ROBERT BOSCH GMBH: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.2 GENTHERM
TABLE 224 GENTHERM: COMPANY OVERVIEW
FIGURE 84 GENTHERM: COMPANY SNAPSHOT
TABLE 225 GENTHERM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 226 GENTHERM: DEALS, JANUARY 2021–APRIL 2024
TABLE 227 GENTHERM: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.3 CONTINENTAL AG
TABLE 228 CONTINENTAL AG: COMPANY OVERVIEW
FIGURE 85 CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 229 CONTINENTAL AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 230 CONTINENTAL AG: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 231 CONTINENTAL AG: DEALS, JANUARY 2021–APRIL 2024
TABLE 232 CONTINENTAL AG: EXPANSIONS, JANUARY 2021–APRIL 2024
14.1.4 BORGWARNER INC.
TABLE 233 BORGWARNER INC.: COMPANY OVERVIEW
FIGURE 86 BORGWARNER INC.: COMPANY SNAPSHOT
TABLE 234 BORGWARNER INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 235 BORGWARNER INC.: PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2021–APRIL 2024
TABLE 236 BORGWARNER INC.: DEALS, JANUARY 2021–APRIL 2024
TABLE 237 BORGWARNER INC.: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 238 BORGWARNER INC.: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.5 DENSO CORPORATION
TABLE 239 DENSO CORPORATION: COMPANY OVERVIEW
FIGURE 87 DENSO CORPORATION: COMPANY SNAPSHOT
TABLE 240 DENSO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 241 DENSO CORPORATION: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 242 DENSO CORPORATION: DEALS, JANUARY 2021–APRIL 2024
TABLE 243 DENSO CORPORATION: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 244 DENSO CORPORATION: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.6 WEBASTO GROUP
TABLE 245 WEBASTO GROUP: COMPANY OVERVIEW
FIGURE 88 WEBASTO GROUP: COMPANY SNAPSHOT
TABLE 246 WEBASTO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 247 WEBASTO GROUP: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 248 WEBASTO GROUP: DEALS, JANUARY 2021–APRIL 2024
TABLE 249 WEBASTO GROUP: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 250 WEBASTO GROUP: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.7 VALEO
TABLE 251 VALEO: COMPANY OVERVIEW
FIGURE 89 VALEO: COMPANY SNAPSHOT
TABLE 252 VALEO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 253 VALEO: PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2021–APRIL 2024
TABLE 254 VALEO: DEALS, JANUARY 2021–APRIL 2024
TABLE 255 VALEO: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 256 VALEO: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.8 MAHLE GMBH
TABLE 257 MAHLE GMBH: COMPANY OVERVIEW
FIGURE 90 MAHLE GMBH: COMPANY SNAPSHOT
TABLE 258 MAHLE GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 259 MAHLE GMBH: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 260 MAHLE GMBH: DEALS, JANUARY 2021–APRIL 2024
TABLE 261 MAHLE GMBH: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.9 HANON SYSTEMS
TABLE 262 HANON SYSTEMS: COMPANY OVERVIEW
FIGURE 91 HANON SYSTEMS: COMPANY SNAPSHOT
TABLE 263 HANON SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 264 HANON SYSTEMS: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 265 HANON SYSTEMS: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.10 MODINE MANUFACTURING COMPANY
TABLE 266 MODINE MANUFACTURING COMPANY: COMPANY OVERVIEW
FIGURE 92 MODINE MANUFACTURING COMPANY: COMPANY SNAPSHOT
TABLE 267 MODINE MANUFACTURING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 268 MODINE MANUFACTURING COMPANY: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 269 MODINE MANUFACTURING COMPANY: DEALS, JANUARY 2021–APRIL 2024
TABLE 270 MODINE MANUFACTURING COMPANY: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 271 MODINE MANUFACTURING COMPANY: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.11 GRAYSON THERMAL SYSTEMS
TABLE 272 GRAYSON THERMAL SYSTEMS: COMPANY OVERVIEW
TABLE 273 GRAYSON THERMAL SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 274 GRAYSON THERMAL SYSTEMS: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 275 GRAYSON THERMAL SYSTEMS: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 276 GRAYSON THERMAL SYSTEMS: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.12 LG CHEM
TABLE 277 LG CHEM: COMPANY OVERVIEW
FIGURE 93 LG CHEM: COMPANY SNAPSHOT
TABLE 278 LG CHEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 279 LG CHEM: PRODUCT DEVELOPMENTS, JANUARY 2021–APRIL 2024
TABLE 280 LG CHEM: DEALS, JANUARY 2021–APRIL 2024
TABLE 281 LG CHEM: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 282 LG CHEM: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.13 DANA LIMITED
TABLE 283 DANA LIMITED: COMPANY OVERVIEW
FIGURE 94 DANA LIMITED: COMPANY SNAPSHOT
TABLE 284 DANA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 285 DANA LIMITED: PRODUCT DEVELOPMENTS, JANUARY 2021–APRIL 2024
TABLE 286 DANA LIMITED: DEALS, JANUARY 2021–APRIL 2024
TABLE 287 DANA LIMITED: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 288 DANA LIMITED: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
14.2 OTHER PLAYERS
14.2.1 VOSS AUTOMOTIVE GMBH
TABLE 289 VOSS AUTOMOTIVE GMBH: COMPANY OVERVIEW
14.2.2 MARELLI HOLDINGS CO., LTD.
TABLE 290 MARELLI HOLDING CO., LTD.: COMPANY OVERVIEW
14.2.3 LEM INTERNATIONAL SA
TABLE 291 LEM INTERNATIONAL SA: COMPANY OVERVIEW
14.2.4 ORION BMS
TABLE 292 ORION BMS: COMPANY OVERVIEW
14.2.5 RENESAS ELECTRONICS CORPORATION
TABLE 293 RENESAS ELECTRONICS CORPORATION: COMPANY OVERVIEW
14.2.6 3M
TABLE 294 3M: COMPANY OVERVIEW
14.2.7 INFINEON TECHNOLOGIES AG
TABLE 295 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
14.2.8 PANASONIC HOLDINGS CORPORATION
TABLE 296 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
14.2.9 STMICROELECTRONICS
TABLE 297 STMICROELECTRONICS: COMPANY OVERVIEW
14.2.10 POLYMER SCIENCES, INC.
TABLE 298 POLYMER SCIENCES, INC.: COMPANY OVERVIEW
14.2.11 CARRAR
TABLE 299 CARRAR: COMPANY OVERVIEW
14.2.12 ZHENGZHOU KELIN MOTOR VEHICLE AIR CONDITIONING CO., LTD.
TABLE 300 ZHENGZHOU KELIN MOTOR VEHICLE AIR CONDITIONING CO., LTD.: COMPANY OVERVIEW
14.2.13 CALOGY SOLUTIONS
TABLE 301 CALOGY SOLUTIONS: COMPANY OVERVIEW
14.2.14 ZF FRIEDRICHSHAFEN AG
TABLE 302 ZF FRIEDRICHSHAFEN AG: COMPANY OVERVIEW
15 RECOMMENDATIONS BY MARKETSANDMARKETS
15.1 INCREASE IN R&D EFFORTS TOWARD CREATING ADVANCED BATTERY THERMAL SOLUTIONS
15.2 BATTERY THERMAL MANAGEMENT SYSTEMS FOR ULTRAFAST CHARGING OF ELECTRIC VEHICLES
15.3 IMMERSION COOLING TECHNOLOGY SETS TO TRANSFORM FUTURE MARKET DYNAMICS
15.4 CONCLUSION
16 APPENDIX
16.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.4.1 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, AT COUNTRY LEVEL (FOR COUNTRIES NOT COVERED IN REPORT)
16.4.2 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, AT COUNTRY LEVEL (FOR COUNTRIES COVERED IN REPORT)
16.4.3 COMPANY INFORMATION: PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO 5)
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
TABLE 1 BATTERY THERMAL MANAGEMENT SYSTEM MARKET DEFINITION, BY TECHNOLOGY
TABLE 2 BATTERY THERMAL MANAGEMENT SYSTEM MARKET DEFINITION, BY BATTERY TYPE
TABLE 3 BATTERY THERMAL MANAGEMENT SYSTEM MARKET DEFINITION, BY PROPULSION TYPE
TABLE 4 BATTERY THERMAL MANAGEMENT SYSTEM MARKET DEFINITION, BY VEHICLE TYPE
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 5 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 SEGMENTS COVERED
FIGURE 1 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: SEGMENTS COVERED
1.3.2 REGIONS COVERED
FIGURE 2 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: REGIONS COVERED
1.3.3 YEARS CONSIDERED
1.3.4 CURRENCY CONSIDERED
TABLE 6 USD EXCHANGE RATES, 2018–2022
1.3.5 UNITS CONSIDERED
1.4 STAKEHOLDERS
1.5 SUMMARY OF CHANGES
1.5.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 RESEARCH DESIGN
FIGURE 4 RESEARCH DESIGN MODEL
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Objectives of primary research
2.1.2.2 Primary interviews: demand and supply sides
FIGURE 5 BREAKDOWN OF PRIMARIES
2.1.2.3 List of primary participants
2.2 MARKET SIZE ESTIMATION
FIGURE 6 RESEARCH ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
FIGURE 7 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 8 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: TOP-DOWN APPROACH
2.2.3 RECESSION IMPACT ANALYSIS
2.3 DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION METHODOLOGY
FIGURE 10 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
2.4 FACTOR ANALYSIS
2.4.1 DEMAND- AND SUPPLY-SIDE FACTOR ANALYSIS
2.4.2 REGIONAL ECONOMY IMPACT ANALYSIS
2.5 STUDY ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 11 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: MARKET OVERVIEW
FIGURE 12 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024 VS. 2030 (USD MILLION)
FIGURE 13 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2024 VS. 2030 (USD MILLION)
FIGURE 14 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024 VS. 2030 (USD MILLION)
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET
FIGURE 15 INNOVATION IN BATTERY TECHNOLOGIES AND HIGH DEMAND FOR ELECTRIC VEHICLES TO DRIVE MARKET
4.2 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE
FIGURE 16 BATTERY ELECTRIC VEHICLES TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
4.3 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE
FIGURE 17 PASSENGER VEHICLES TO DOMINATE MARKET DURING STUDY PERIOD
4.4 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE
FIGURE 18 LITHIUM-ION BATTERIES TO GROW AT HIGHER CAGR DURING STUDY PERIOD
4.5 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY
FIGURE 19 HYBRID SYSTEMS TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD
4.6 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY
FIGURE 20 <100 KWH SEGMENT TO DOMINATE MARKET FROM 2024 TO 2030
4.7 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY OFFERING
FIGURE 21 BTMS WITHOUT BATTERY SEGMENT TO COMMAND LARGER MARKET SHARE DURING STUDY PERIOD
4.8 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION
FIGURE 22 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
5 MARKET OVERVIEW
5.1 INTRODUCTION
FIGURE 23 OVERVIEW OF WORKING METHOD FOR BATTERY THERMAL MANAGEMENT SYSTEMS
5.2 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
FIGURE 24 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
5.3 MARKET DYNAMICS
FIGURE 25 BATTERY THERMAL MANAGEMENT SYSTEM: MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Rising adoption of electric vehicles
FIGURE 26 ELECTRIC PASSENGER CAR SALES DATA FOR KEY COUNTRIES, 2019–2023 (THOUSAND UNITS)
5.3.1.2 Innovation in EV battery systems
TABLE 7 ADVANCEMENTS/INNOVATIONS IN BATTERY TECHNOLOGY
5.3.1.3 Stringent regulatory and safety standards
TABLE 8 GOVERNMENT REGULATIONS AND SAFETY STANDARDS, 2020–2023
5.3.2 RESTRAINTS
5.3.2.1 Complexities associated with design components
5.3.2.2 Low adoption rate of electric vehicles in emerging markets
5.3.3 OPPORTUNITIES
5.3.3.1 Growing potential of modular design
5.3.3.2 Increasing R&D investments for advanced battery thermal solutions
5.3.3.3 Innovation in e-compressors by major OEMs
FIGURE 27 E-COMPRESSOR COMPONENTS
TABLE 9 E-COMPRESSOR ADVANCEMENTS/INNOVATIONS
5.3.4 CHALLENGES
5.3.4.1 Safety concerns associated with battery reliability
5.3.4.2 Irregular operation of battery thermal management solutions in extreme temperatures
FIGURE 28 EFFECT OF TEMPERATURE ON BATTERY PERFORMANCE
TABLE 10 IMPACT ANALYSIS OF MARKET DYNAMICS
5.4 ECOSYSTEM ANALYSIS
FIGURE 29 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: ECOSYSTEM MAP
TABLE 11 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: ROLE IN ECOSYSTEM
5.5 PRICING ANALYSIS
5.5.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PROPULSION TYPE, 2023
TABLE 12 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PROPULSION TYPE, 2023
5.5.2 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY PROPULSION TYPE, 2021–2023
TABLE 13 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY PROPULSION TYPE, 2021–2023 (USD)
FIGURE 30 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY PROPULSION TYPE, 2021–2023 (USD)
5.5.3 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY REGION, 2023
TABLE 14 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY REGION, 2023 (USD)
FIGURE 31 AVERAGE SELLING PRICE OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY REGION, 2023 (USD)
5.6 INSIGHTS ON BATTERY THERMAL MANAGEMENT SYSTEM COMPONENTS
5.6.1 THERMAL SENSORS
FIGURE 32 PRESENCE OF THERMAL SENSORS IN VEHICLES
5.6.1.1 Recent developments/Deals
TABLE 15 THERMAL SENSORS: RECENT DEVELOPMENTS/DEALS
5.6.2 COOLING PLATES
5.6.2.1 Recent developments/Deals
TABLE 16 COOLING PLATES: RECENT DEVELOPMENTS/DEALS
5.6.3 BATTERY PACKS
FIGURE 33 BATTERY PACK DESIGN
5.6.3.1 Recent developments/Deals
TABLE 17 BATTERY PACKS: DEVELOPMENTS/DEALS
5.6.4 PUMPS AND FANS
FIGURE 34 FUNCTION OF WATER/GLYCOL ELECTRIC PUMPS
FIGURE 35 THERMAL MANAGEMENT WITH PUMPS
5.6.4.1 Recent developments/Deals
TABLE 18 PUMPS AND FANS: RECENT DEVELOPMENTS/DEALS
5.6.5 COOLANTS
FIGURE 36 GENERAL SCHEMATIC OF BATTERY PACK COOLING
5.6.5.1 Recent developments/Deals
TABLE 19 COOLANTS: RECENT DEVELOPMENTS/DEALS
5.7 OEM REQUIREMENTS FOR BATTERY THERMAL MANAGEMENT SYSTEMS
5.7.1 VOLKSWAGEN
FIGURE 37 ADVANTAGES MEB PLATFORM
5.7.1.1 Key analysis
5.7.2 AUDI
FIGURE 38 MEB VS. PPE BATTERY SYSTEM
FIGURE 39 THERMAL MANAGEMENT OF AUDI Q6 E-TRON QUATTRO
5.7.2.1 Key analysis
5.7.3 TESLA
5.7.3.1 Key analysis
FIGURE 40 TESLA MODEL 3 BATTERY MODULE
FIGURE 41 TESLA BATTERY COOLING SYSTEM
5.7.4 BYD
5.7.4.1 Key analysis
FIGURE 42 SCHEMATIC OF BYD BLADE BATTERY
5.7.5 BMW
5.7.5.1 Key analysis
TABLE 20 BATTERY THERMAL MANAGEMENT REQUIREMENTS, BY OEM
5.8 VALUE CHAIN ANALYSIS
FIGURE 43 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: VALUE CHAIN ANALYSIS
5.9 CASE STUDY ANALYSIS
5.9.1 BATTERY THERMAL MANAGEMENT CHALLENGES FOR TESLA
5.9.2 ADVANCED THERMAL CELL BARRIER FOR EV BATTERY PACKS
5.9.3 ENHANCEMENT OF EV PERFORMANCE WITH IMMERSION COOLING BATTERY TECHNOLOGY
5.9.4 BMW I3 BATTERY THERMAL MANAGEMENT FOR URBAN EFFICIENCY
5.10 INVESTMENT AND FUNDING SCENARIO
FIGURE 44 INVESTMENTS AND FUNDING IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET, 2022–2024
TABLE 21 LIST OF FUNDING ACTIVITIES BY KEY PLAYERS, 2022–2024
5.11 PATENT ANALYSIS
FIGURE 45 NUMBER OF PUBLISHED PATENTS, 2014–2023
5.11.1 TOP PATENT APPLICANTS
FIGURE 46 TOP PATENT APPLICATIONS, 2014–2023
TABLE 22 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: PATENT REGISTRATIONS, 2022–2024
5.12 TECHNOLOGY ANALYSIS
5.12.1 KEY TECHNOLOGIES
5.12.1.1 Thermoelectric cooling
FIGURE 47 THERMOELECTRIC COOLING
5.12.1.2 Graphene-based thermal interface material
5.12.2 ADJACENT TECHNOLOGIES
5.12.2.1 Liquid cooling systems
FIGURE 48 LIQUID COOLING SYSTEMS
5.12.2.2 Refrigerant-based cooling systems
FIGURE 49 REFRIGERANT-BASED COOLING SYSTEMS
5.12.3 COMPLEMENTARY TECHNOLOGIES
5.12.3.1 Advancements in thermal cooling plates
FIGURE 50 BATTERY COOLING PLATES
5.12.3.2 Advancements in thermal sensors
FIGURE 51 THERMAL SENSORS DETECTING FAULTY BATTERY
5.12.3.3 Phase change material
FIGURE 52 PHASE CHANGE MATERIALS IN BATTERY THERMAL MANAGEMENT
5.13 REGULATORY ANALYSIS
TABLE 23 REGULATIONS AND INITIATIVES IN BATTERY THERMAL MANAGEMENT SYSTEMS
5.13.1 LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 27 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: LIST OF KEY CONFERENCES AND EVENTS
5.15 HS CODE
TABLE 28 IMPORT DATA FOR HS CODE 903289, BY COUNTRY, 2021–2023 (USD MILLION)
TABLE 29 EXPORT DATA FOR HS CODE 903289, BY COUNTRY, 2021–2023 (USD MILLION)
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA
5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 53 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY VEHICLE TYPE
TABLE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY VEHICLE TYPE (%)
5.16.2 KEY BUYING CRITERIA
FIGURE 54 KEY BUYING CRITERIA FOR BATTERY THERMAL MANAGEMENT SYSTEMS, BY VEHICLE TYPE
TABLE 31 KEY BUYING CRITERIA FOR BATTERY THERMAL MANAGEMENT SYSTEMS, BY VEHICLE TYPE
6 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY
6.1 INTRODUCTION
FIGURE 55 TYPES OF BATTERY THERMAL MANAGEMENT SYSTEMS, BY TECHNOLOGY
FIGURE 56 ACTIVE AND PASSIVE BATTERY THERMAL MANAGEMENT TECHNOLOGIES
TABLE 32 ELECTRIC VEHICLE MODELS, BY TECHNOLOGY
FIGURE 57 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2024 VS. 2030 (USD MILLION)
TABLE 33 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2019–2023 (THOUSAND UNITS)
TABLE 34 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2024–2030 (THOUSAND UNITS)
TABLE 35 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 36 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, 2024–2030 (USD MILLION)
6.2 ACTIVE SYSTEMS
6.2.1 RISING NEED FOR PERFORMANCE OPTIMIZATION AND IMPROVED LONGEVITY TO DRIVE MARKET
FIGURE 58 ACTIVE LIQUID COOLING SYSTEM
TABLE 37 ACTIVE SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 38 ACTIVE SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 39 ACTIVE SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 40 ACTIVE SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
6.3 HYBRID SYSTEMS
6.3.1 COST-EFFECTIVENESS AND IMPROVED BATTERY RELIABILITY TO FUEL MARKET GROWTH
FIGURE 59 HYBRID COOLING SYSTEM
TABLE 41 HYBRID SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 42 HYBRID SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 43 HYBRID SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 44 HYBRID SYSTEMS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
6.4 PASSIVE SYSTEMS
6.4.1 BETTER BATTERY PERFORMANCE TO BOOST MARKET GROWTH
FIGURE 60 PASSIVE LIQUID COOLING SYSTEM
6.5 KEY PRIMARY INSIGHTS
7 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE
7.1 INTRODUCTION
FIGURE 61 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2024 VS. 2030 (USD MILLION)
TABLE 45 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 46 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 47 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2019–2023 (USD MILLION)
TABLE 48 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY TYPE, 2024–2030 (USD MILLION)
7.2 LITHIUM-ION BATTERIES
7.2.1 COMPACT SIZE, HIGH ENERGY DENSITY, AND LONG LIFESPAN TO AUGMENT MARKET GROWTH
TABLE 49 LITHIUM-ION BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 50 LITHIUM-ION BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 51 LITHIUM-ION BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 52 LITHIUM-ION BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
7.3 SOLID-STATE BATTERIES
7.3.1 INCREASED SAFETY AND FASTER CHARGING SPEED TO DRIVE MARKET
TABLE 53 SOLID-STATE BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 54 SOLID-STATE BATTERIES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
7.4 KEY PRIMARY INSIGHTS
8 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE
8.1 INTRODUCTION
FIGURE 62 ELECTRIC VEHICLE BATTERY THERMAL MANAGEMENT
FIGURE 63 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2024 VS. 2030 (USD MILLION)
TABLE 55 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 56 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 57 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)
TABLE 58 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)
8.2 PASSENGER VEHICLES
8.2.1 INCREASING PREFERENCE FOR SUSTAINABILITY AND ENERGY EFFICIENCY TO DRIVE MARKET
TABLE 59 PASSENGER VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 60 PASSENGER VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 61 PASSENGER VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 62 PASSENGER VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
8.3 COMMERCIAL VEHICLES
8.3.1 GROWING ADOPTION OF ELECTRIC COMMERCIAL VEHICLES TO BOOST MARKET GROWTH
TABLE 63 COMMERCIAL VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 64 COMMERCIAL VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 65 COMMERCIAL VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 66 COMMERCIAL VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
8.4 KEY PRIMARY INSIGHTS
9 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY
9.1 INTRODUCTION
FIGURE 64 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2024–2030 (USD MILLION)
TABLE 67 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2019–2023 (THOUSAND UNITS)
TABLE 68 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2024–2030 (THOUSAND UNITS)
TABLE 69 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2019–2023 (USD MILLION)
TABLE 70 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY BATTERY CAPACITY, 2024–2030 (USD MILLION)
TABLE 71 ELECTRIC VEHICLE MODELS, BY VEHICLE CAPACITY
9.2 <100 KWH
9.2.1 RISING DEMAND FOR PASSENGER VEHICLES AND ELECTRIC PICKUP TRUCKS TO DRIVE MARKET
FIGURE 65 AUDI RS E-TRON GT PROTOTYPE
TABLE 72 <100 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 73 <100 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 74 <100 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 75 <100 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
9.3 100–200 KWH
9.3.1 INCREASING NEED FOR ZERO-EMISSION VEHICLES IN LOGISTICS SECTOR TO PROPEL MARKET GROWTH
TABLE 76 100–200 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 77 100–200 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 78 100–200 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 79 100–200 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
9.4 200–500 KWH
9.4.1 HIGH DEMAND FOR FASTER ACCELERATION AND GREATER POWER OUTPUT TO AID MARKET GROWTH
TABLE 80 200–500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 81 200–500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 82 200–500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 83 200–500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
9.5 >500 KWH
9.5.1 GROWING ADOPTION OF HIGH-CAPACITY BATTERY PACKS IN ELECTRIFIED FLEET VEHICLES TO DRIVE MARKET
TABLE 84 >500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 85 >500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 86 >500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 87 >500 KWH: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
9.6 KEY PRIMARY INSIGHTS
10 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY OFFERING
10.1 INTRODUCTION
FIGURE 66 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2024 VS. 2030 (USD MILLION)
TABLE 88 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2019–2023 (THOUSAND UNITS)
TABLE 89 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2024–2030 (THOUSAND UNITS)
TABLE 90 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 91 BATTERY THERMAL MANAGEMENT MARKET, BY OFFERING, 2024–2030 (USD MILLION)
10.2 BTMS WITH BATTERY
10.2.1 HIGH BATTERY PERFORMANCE AND IMPROVED DURABILITY TO DRIVE MARKET
TABLE 92 BTMS WITH BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 93 BTMS WITH BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 94 BTMS WITH BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 95 BTMS WITH BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2024–2030 (USD MILLION)
10.3 BTMS WITHOUT BATTERY
10.3.1 INCREASING CONTROL OF ORIGINAL EQUIPMENT MANUFACTURERS ON BATTERY MANUFACTURING TO PROPEL MARKET GROWTH
TABLE 96 BTMS WITHOUT BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 97 BTMS WITHOUT BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 98 BTMS WITHOUT BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 99 BTMS WITHOUT BATTERY: BATTERY THERMAL MANAGEMENT MARKET, BY REGION, 2024–2030 (USD MILLION)
10.4 KEY PRIMARY INSIGHTS
11 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE
11.1 INTRODUCTION
FIGURE 67 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024 VS. 2030 (USD MILLION)
TABLE 100 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 101 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 102 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 103 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
11.2 BATTERY ELECTRIC VEHICLES
11.2.1 GROWING ENVIRONMENTAL AWARENESS AMONG CONSUMERS TO DRIVE MARKET
TABLE 104 BATTERY ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 105 BATTERY ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 106 BATTERY ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 107 BATTERY ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
11.3 PLUG-IN HYBRID ELECTRIC VEHICLES
11.3.1 IMPROVED INFRASTRUCTURE AND INCREASED GOVERNMENT INCENTIVES TO AID MARKET GROWTH
FIGURE 68 BATTERY THERMAL MANAGEMENT SYSTEM IN PLUG-IN HYBRID ELECTRIC VEHICLES
TABLE 108 PLUG-IN HYBRID ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 109 PLUG-IN HYBRID ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 110 PLUG-IN HYBRID ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 111 PLUG-IN HYBRID ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
11.4 FUEL CELL ELECTRIC VEHICLES
11.4.1 TECHNOLOGICAL ADVANCEMENTS IN HYDROGEN PROPULSION TO AUGMENT MARKET GROWTH
FIGURE 69 KEY COMPONENTS OF HYDROGEN FUEL CELL ELECTRIC VEHICLES
TABLE 112 FUEL CELL ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 113 FUEL CELL ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 114 FUEL CELL ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 115 FUEL CELL ELECTRIC VEHICLES: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
11.5 KEY PRIMARY INSIGHTS
12 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 70 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024 VS. 2030 (USD MILLION)
TABLE 116 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)
TABLE 117 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)
TABLE 118 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 119 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY REGION, 2024–2030 (USD MILLION)
12.2 ASIA PACIFIC
12.2.1 ASIA PACIFIC: RECESSION IMPACT
FIGURE 71 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET SNAPSHOT
TABLE 120 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
TABLE 121 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
TABLE 122 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 123 ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.2.2 CHINA
12.2.2.1 China to command largest market share during study period
TABLE 124 CHINA: LIST OF OEM MODELS WITH BATTERY THERMAL MANAGEMENT SYSTEMS, 2023–2024
TABLE 125 CHINA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 126 CHINA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 127 CHINA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 128 CHINA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.2.3 INDIA
12.2.3.1 Favorable government policies and initiatives to boost market growth
TABLE 129 INDIA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 130 INDIA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 131 INDIA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 132 INDIA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.2.4 JAPAN
12.2.4.1 Increasing focus on manufacturing EV batteries to augment market growth
TABLE 133 JAPAN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 134 JAPAN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 135 JAPAN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 136 JAPAN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.2.5 SOUTH KOREA
12.2.5.1 Increased adoption of electric vehicles to support market growth
TABLE 137 SOUTH KOREA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 138 SOUTH KOREA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 139 SOUTH KOREA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 140 SOUTH KOREA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.2.6 REST OF ASIA PACIFIC
TABLE 141 REST OF ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 142 REST OF ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 143 REST OF ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 144 REST OF ASIA PACIFIC: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3 EUROPE
12.3.1 EUROPE: RECESSION IMPACT
FIGURE 72 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, 2024 VS. 2030 (USD MILLION)
TABLE 145 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
TABLE 146 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
TABLE 147 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 148 EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.3.2 FRANCE
12.3.2.1 Favorable government incentives to drive adoption of electric vehicles and associated technologies
TABLE 149 FRANCE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 150 FRANCE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 151 FRANCE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 152 FRANCE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.3 GERMANY
12.3.3.1 Supportive regulatory framework and increased investments in charging infrastructure to spur market growth
TABLE 153 GERMANY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 154 GERMANY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 155 GERMANY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 156 GERMANY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.4 NORWAY
12.3.4.1 Need for effective thermal insulation and high investments by OEMs to augment market growth
TABLE 157 NORWAY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 158 NORWAY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 159 NORWAY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 160 NORWAY: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.5 UK
12.3.5.1 High consumer demand for clean transportation to drive market
TABLE 161 UK: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 162 UK: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 163 UK: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 164 UK: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.6 SWEDEN
12.3.6.1 Increasing government initiatives and funding programs to aid market growth
TABLE 165 SWEDEN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 166 SWEDEN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 167 SWEDEN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 168 SWEDEN: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.7 NETHERLANDS
12.3.7.1 Need for optimal temperature management in electric vehicles to propel market growth
TABLE 169 NETHERLANDS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 170 NETHERLANDS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 171 NETHERLANDS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 172 NETHERLANDS: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.3.8 REST OF EUROPE
TABLE 173 REST OF EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 174 REST OF EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 175 REST OF EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 176 REST OF EUROPE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.4 NORTH AMERICA
12.4.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 73 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET SNAPSHOT
TABLE 177 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
TABLE 178 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
TABLE 179 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 180 NORTH AMERICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.4.2 US
12.4.2.1 US to command largest share in North American battery thermal management system market during forecast period
TABLE 181 US: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 182 US: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 183 US: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 184 US: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.4.3 CANADA
12.4.3.1 Increased focus on sustainable transportation to drive market
TABLE 185 CANADA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 186 CANADA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 187 CANADA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 188 CANADA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.5 REST OF THE WORLD
12.5.1 REST OF THE WORLD: RECESSION IMPACT
FIGURE 74 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, 2024 VS. 2030 (USD MILLION)
TABLE 189 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)
TABLE 190 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)
TABLE 191 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 192 REST OF THE WORLD: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY COUNTRY, 2024–2030 (USD MILLION)
12.5.2 UAE
12.5.2.1 Favorable government initiatives and infrastructural developments to fuel market growth
TABLE 193 UAE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 194 UAE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 195 UAE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 196 UAE: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.5.3 EGYPT
12.5.3.1 Increasing focus on local electric vehicle manufacturing to boost market growth
TABLE 197 EGYPT: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 198 EGYPT: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 199 EGYPT: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 200 EGYPT: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
12.5.4 SOUTH AFRICA
12.5.4.1 Rising investments in renewable energy technologies and growing focus on local manufacturing to drive market
TABLE 201 SOUTH AFRICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (THOUSAND UNITS)
TABLE 202 SOUTH AFRICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (THOUSAND UNITS)
TABLE 203 SOUTH AFRICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2019–2023 (USD MILLION)
TABLE 204 SOUTH AFRICA: BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY PROPULSION TYPE, 2024–2030 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 KEY PLAYER STRATEGY/RIGHT TO WIN
13.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET
TABLE 205 OVERVIEW OF STRATEGIES DEPLOYED BY PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET
13.3 REVENUE ANALYSIS
FIGURE 75 REVENUE ANALYSIS OF KEY PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET (2019–2023)
13.4 MARKET RANKING ANALYSIS
FIGURE 76 MARKET RANKING OF KEY PLAYERS IN BATTERY THERMAL MANAGEMENT SYSTEM MARKET (2023)
13.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
FIGURE 77 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
13.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
13.5.5.1 Company footprint
TABLE 206 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: COMPANY FOOTPRINT
13.5.5.2 Technology footprint
TABLE 207 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: TECHNOLOGY FOOTPRINT
13.5.5.3 Battery type footprint
TABLE 208 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: BATTERY TYPE FOOTPRINT
13.5.5.4 Vehicle type footprint
TABLE 209 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: VEHICLE TYPE FOOTPRINT
13.5.5.5 Propulsion type footprint
TABLE 210 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: PROPULSION TYPE FOOTPRINT
13.5.5.6 Region footprint
TABLE 211 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: REGION FOOTPRINT
13.6 COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
13.6.1 PROGRESSIVE COMPANIES
13.6.2 RESPONSIVE COMPANIES
13.6.3 DYNAMIC COMPANIES
13.6.4 STARTING BLOCKS
FIGURE 78 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023
13.6.5 COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023
TABLE 212 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 213 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES
13.7 VALUATION & FINANCIAL METRICS
13.7.1 COMPANY VALUATION
FIGURE 79 COMPANY VALUATION OF TOP FIVE PLAYERS
13.7.2 FINANCIAL METRICS
FIGURE 80 EV/EBITDA OF TOP FIVE PLAYERS
13.8 BRAND/PRODUCT COMPARISON
FIGURE 81 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: BRAND/PRODUCT COMPARATIVE ANALYSIS
13.9 COMPETITIVE SCENARIO
13.9.1 PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 214 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2021–APRIL 2024
13.9.2 DEALS
TABLE 215 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: DEALS, JANUARY 2021–APRIL 2024
13.9.3 EXPANSIONS
TABLE 216 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: EXPANSIONS, JANUARY 2021–APRIL 2024
13.9.4 OTHER DEVELOPMENTS
TABLE 217 BATTERY THERMAL MANAGEMENT SYSTEM MARKET: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14 COMPANY PROFILES
(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*
14.1 KEY PLAYERS
14.1.1 ROBERT BOSCH GMBH
TABLE 218 ROBERT BOSCH GMBH: COMPANY OVERVIEW
FIGURE 82 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
FIGURE 83 ROBERT BOSCH GMBH: GEOGRAPHICAL PRESENCE
TABLE 219 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 220 ROBERT BOSCH GMBH: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 221 ROBERT BOSCH GMBH: DEALS, JANUARY 2021–APRIL 2024
TABLE 222 ROBERT BOSCH GMBH: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 223 ROBERT BOSCH GMBH: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.2 GENTHERM
TABLE 224 GENTHERM: COMPANY OVERVIEW
FIGURE 84 GENTHERM: COMPANY SNAPSHOT
TABLE 225 GENTHERM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 226 GENTHERM: DEALS, JANUARY 2021–APRIL 2024
TABLE 227 GENTHERM: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.3 CONTINENTAL AG
TABLE 228 CONTINENTAL AG: COMPANY OVERVIEW
FIGURE 85 CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 229 CONTINENTAL AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 230 CONTINENTAL AG: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 231 CONTINENTAL AG: DEALS, JANUARY 2021–APRIL 2024
TABLE 232 CONTINENTAL AG: EXPANSIONS, JANUARY 2021–APRIL 2024
14.1.4 BORGWARNER INC.
TABLE 233 BORGWARNER INC.: COMPANY OVERVIEW
FIGURE 86 BORGWARNER INC.: COMPANY SNAPSHOT
TABLE 234 BORGWARNER INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 235 BORGWARNER INC.: PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2021–APRIL 2024
TABLE 236 BORGWARNER INC.: DEALS, JANUARY 2021–APRIL 2024
TABLE 237 BORGWARNER INC.: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 238 BORGWARNER INC.: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.5 DENSO CORPORATION
TABLE 239 DENSO CORPORATION: COMPANY OVERVIEW
FIGURE 87 DENSO CORPORATION: COMPANY SNAPSHOT
TABLE 240 DENSO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 241 DENSO CORPORATION: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 242 DENSO CORPORATION: DEALS, JANUARY 2021–APRIL 2024
TABLE 243 DENSO CORPORATION: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 244 DENSO CORPORATION: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.6 WEBASTO GROUP
TABLE 245 WEBASTO GROUP: COMPANY OVERVIEW
FIGURE 88 WEBASTO GROUP: COMPANY SNAPSHOT
TABLE 246 WEBASTO GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 247 WEBASTO GROUP: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 248 WEBASTO GROUP: DEALS, JANUARY 2021–APRIL 2024
TABLE 249 WEBASTO GROUP: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 250 WEBASTO GROUP: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.7 VALEO
TABLE 251 VALEO: COMPANY OVERVIEW
FIGURE 89 VALEO: COMPANY SNAPSHOT
TABLE 252 VALEO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 253 VALEO: PRODUCT LAUNCHES AND DEVELOPMENTS, JANUARY 2021–APRIL 2024
TABLE 254 VALEO: DEALS, JANUARY 2021–APRIL 2024
TABLE 255 VALEO: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 256 VALEO: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.8 MAHLE GMBH
TABLE 257 MAHLE GMBH: COMPANY OVERVIEW
FIGURE 90 MAHLE GMBH: COMPANY SNAPSHOT
TABLE 258 MAHLE GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 259 MAHLE GMBH: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 260 MAHLE GMBH: DEALS, JANUARY 2021–APRIL 2024
TABLE 261 MAHLE GMBH: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.9 HANON SYSTEMS
TABLE 262 HANON SYSTEMS: COMPANY OVERVIEW
FIGURE 91 HANON SYSTEMS: COMPANY SNAPSHOT
TABLE 263 HANON SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 264 HANON SYSTEMS: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 265 HANON SYSTEMS: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.10 MODINE MANUFACTURING COMPANY
TABLE 266 MODINE MANUFACTURING COMPANY: COMPANY OVERVIEW
FIGURE 92 MODINE MANUFACTURING COMPANY: COMPANY SNAPSHOT
TABLE 267 MODINE MANUFACTURING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 268 MODINE MANUFACTURING COMPANY: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 269 MODINE MANUFACTURING COMPANY: DEALS, JANUARY 2021–APRIL 2024
TABLE 270 MODINE MANUFACTURING COMPANY: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 271 MODINE MANUFACTURING COMPANY: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.11 GRAYSON THERMAL SYSTEMS
TABLE 272 GRAYSON THERMAL SYSTEMS: COMPANY OVERVIEW
TABLE 273 GRAYSON THERMAL SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 274 GRAYSON THERMAL SYSTEMS: PRODUCT LAUNCHES, JANUARY 2021–APRIL 2024
TABLE 275 GRAYSON THERMAL SYSTEMS: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 276 GRAYSON THERMAL SYSTEMS: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.12 LG CHEM
TABLE 277 LG CHEM: COMPANY OVERVIEW
FIGURE 93 LG CHEM: COMPANY SNAPSHOT
TABLE 278 LG CHEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 279 LG CHEM: PRODUCT DEVELOPMENTS, JANUARY 2021–APRIL 2024
TABLE 280 LG CHEM: DEALS, JANUARY 2021–APRIL 2024
TABLE 281 LG CHEM: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 282 LG CHEM: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
14.1.13 DANA LIMITED
TABLE 283 DANA LIMITED: COMPANY OVERVIEW
FIGURE 94 DANA LIMITED: COMPANY SNAPSHOT
TABLE 284 DANA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 285 DANA LIMITED: PRODUCT DEVELOPMENTS, JANUARY 2021–APRIL 2024
TABLE 286 DANA LIMITED: DEALS, JANUARY 2021–APRIL 2024
TABLE 287 DANA LIMITED: EXPANSIONS, JANUARY 2021–APRIL 2024
TABLE 288 DANA LIMITED: OTHER DEVELOPMENTS, JANUARY 2021–APRIL 2024
*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
14.2 OTHER PLAYERS
14.2.1 VOSS AUTOMOTIVE GMBH
TABLE 289 VOSS AUTOMOTIVE GMBH: COMPANY OVERVIEW
14.2.2 MARELLI HOLDINGS CO., LTD.
TABLE 290 MARELLI HOLDING CO., LTD.: COMPANY OVERVIEW
14.2.3 LEM INTERNATIONAL SA
TABLE 291 LEM INTERNATIONAL SA: COMPANY OVERVIEW
14.2.4 ORION BMS
TABLE 292 ORION BMS: COMPANY OVERVIEW
14.2.5 RENESAS ELECTRONICS CORPORATION
TABLE 293 RENESAS ELECTRONICS CORPORATION: COMPANY OVERVIEW
14.2.6 3M
TABLE 294 3M: COMPANY OVERVIEW
14.2.7 INFINEON TECHNOLOGIES AG
TABLE 295 INFINEON TECHNOLOGIES AG: COMPANY OVERVIEW
14.2.8 PANASONIC HOLDINGS CORPORATION
TABLE 296 PANASONIC HOLDINGS CORPORATION: COMPANY OVERVIEW
14.2.9 STMICROELECTRONICS
TABLE 297 STMICROELECTRONICS: COMPANY OVERVIEW
14.2.10 POLYMER SCIENCES, INC.
TABLE 298 POLYMER SCIENCES, INC.: COMPANY OVERVIEW
14.2.11 CARRAR
TABLE 299 CARRAR: COMPANY OVERVIEW
14.2.12 ZHENGZHOU KELIN MOTOR VEHICLE AIR CONDITIONING CO., LTD.
TABLE 300 ZHENGZHOU KELIN MOTOR VEHICLE AIR CONDITIONING CO., LTD.: COMPANY OVERVIEW
14.2.13 CALOGY SOLUTIONS
TABLE 301 CALOGY SOLUTIONS: COMPANY OVERVIEW
14.2.14 ZF FRIEDRICHSHAFEN AG
TABLE 302 ZF FRIEDRICHSHAFEN AG: COMPANY OVERVIEW
15 RECOMMENDATIONS BY MARKETSANDMARKETS
15.1 INCREASE IN R&D EFFORTS TOWARD CREATING ADVANCED BATTERY THERMAL SOLUTIONS
15.2 BATTERY THERMAL MANAGEMENT SYSTEMS FOR ULTRAFAST CHARGING OF ELECTRIC VEHICLES
15.3 IMMERSION COOLING TECHNOLOGY SETS TO TRANSFORM FUTURE MARKET DYNAMICS
15.4 CONCLUSION
16 APPENDIX
16.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.4.1 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY VEHICLE TYPE, AT COUNTRY LEVEL (FOR COUNTRIES NOT COVERED IN REPORT)
16.4.2 BATTERY THERMAL MANAGEMENT SYSTEM MARKET, BY TECHNOLOGY, AT COUNTRY LEVEL (FOR COUNTRIES COVERED IN REPORT)
16.4.3 COMPANY INFORMATION: PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO 5)
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
