Battery Thermal Management System Market

Battery Thermal Management System is a system controlling the cooling and pre-heating of battery used in electric and hybrid vehicles. Automotive Battery Thermal Management System is part of the automotive thermal management system. It ensures batteries operate within a certain temperature range, will be crucial to helping electric cars drive greater distances for a longer period of time. The major parts of automotive battery thermal management system are Cooling plate, battery cooler, electronic water pump and electronic expansion valve. Most of these parts are produced by the system suppliers.

Battery Thermal Management System Market contains market size and forecasts of Battery Thermal Management System in global, including the following market information:

Global Battery Thermal Management System Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Battery Thermal Management System Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Battery Thermal Management System companies in 2021 (%)

The global Battery Thermal Management System market was valued at 1198.7 million in 2021 and is projected to reach US$ 5895 million by 2028, at a CAGR of 25.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Liquid Cooling and Heating Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Battery Thermal Management System include Mahle, Valeo, Hanon Systems, Gentherm, Dana and Grayson, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Battery Thermal Management System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Battery Thermal Management System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Battery Thermal Management System Market Segment Percentages, by Type, 2021 (%)

Liquid Cooling and Heating

Air Cooling and Heating

Global Battery Thermal Management System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Battery Thermal Management System Market Segment Percentages, by Application, 2021 (%)

BEV

PHEV

Global Battery Thermal Management System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Battery Thermal Management System Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Battery Thermal Management System revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Battery Thermal Management System revenues share in global market, 2021 (%)

Key companies Battery Thermal Management System sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Battery Thermal Management System sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Mahle

Valeo

Hanon Systems

Gentherm

Dana

Grayson