Automotive Battery Thermal Management System Market: Summary

The Global automotive battery thermal management system market is estimated to reach USD 3.2 Billion in 2024 at a CAGR of 16.9 %. Increase in improvement of electrical performance and battery life and increase in demand of electric vehicle from emerging economies is expected to drive the automotive battery thermal management system market during the forecast period. However, high manufacturing cost are expected to restrain the market during the forecast period. Rise in adoption of advanced lithium-ion batteries and increase need for thermal protection due to safety considerations are expected to become an opportunity for automotive battery thermal management system market.

Automotive battery thermal management system increases the temperature of battery and maintains the optimum operating temperature to maximize output efficiency and prolong battery life. This system has a heating and cooling capabilities to maintain the battery cell temperature within the specified time range. This system plays a vital role in controlling the thermal behavior of the battery. Some key players in automotive battery thermal management system are Continental AG, LG Chem., GENTHERM., Marelli Corporation and SAMSUNG SDI CO.,LTD. among others.

Automotive Battery Thermal Management System Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the global automotive battery thermal management system market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by tactful feedbacks. On the basis of battery type, the market is segmented into solid-state battery and conventional battery. Based on technology, the market can be segmented into air cooling and heating system, liquid cooling and heating system, direct refrigerant cooling and heating system, phase change material (PCM) system, thermo-electric system and others. Based on application, the market can be segmented into battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs) and fuel cell electric vehicles. Based on vehicle-type, the market can be segmented into passenger car and commercial vehicle. Based on end user, the market can be segmented into original equipment manufacturer (OEM) and aftermarket. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Middle East & Africa, and South America, with individual country-level analysis.

Automotive Battery Thermal Management System Market: Report Scope

The report on the global market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features Specifics Historical/Estimated/Forecasted Market Size Years 2017-2024 Base Year for Market Calculation 2018 Forecasted Period 2019-2024 (2019 estimated year, forecasted up to 2024) Measured Units Value (USD Million) Segments Included Battery Type, Technology, Application, Vehicle-Type, End-User and Region Regional Coverage Asia-Pacific, North America, Europe, Middle East & Africa, and South America

Companies Covered

Continental AG (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)

LG Chem.

GENTHERM.

Marelli Corporation

SAMSUNG SDI CO.,LTD.

VALEO

Hanon Systems

Bosch Limited

Dana Limited.

MAHLE GmbH

Other Key Companies

Automotive Battery Thermal Management System Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Automotive Battery Thermal Management System Market by Battery Type

Solid-State Battery

Conventional Battery

Automotive Battery Thermal Management System Market by Technology

Air Cooling and Heating System

Liquid Cooling and Heating System

Direct Refrigerant Cooling and Heating System

Phase Change Material (PCM) System

Thermo-Electric System

Others

Automotive Battery Thermal Management System Market by Application

Battery Electric Vehicles (BEVs)

Plug-In Hybrid Electric Vehicles (PHEVs)

Hybrid Electric Vehicles (HEVs)

Fuel Cell Electric Vehicles

Automotive Battery Thermal Management System Market by Vehicle-Type

Passenger Car

Commercial Vehicle

Automotive Battery Thermal Management System Market by End-User

Original Equipment Manufacturer (OEM)

Aftermarket

Automotive Battery Thermal Management System Market by Region

Asia-Pacific China India Japan South Korea Rest of Asia-Pacific

North America US Canada Mexico

Europe Germany UK France Italy Spain Norway Rest of Europe



Middle East & Africa Saudi Arabia UAE Rest of Middle East & Africa



South America Brazil Argentina Rest of South America



Key Questions answered by the report

What are the major developments impacting the global market and its growth?

What will be the effects of the developments in the global market on the industry and on the market players in the near and far future?

What are the evolving types of the global market?

What are the evolving applications of global market?

What are the major characteristics that will affect the global market growth during the study period?

Who are the key players operating in the global market?

How are the major players leveraging in the existing market conditions?

Report Audience

Automotive Battery Thermal Management System Market Providers

Automotive Battery Thermal Management System Market Solution and Services Suppliers, Distributors and Dealers

End-Users of Varied Segments of Automotive Battery Thermal Management System Market

Government Bodies and Intellectual Institutions

Associations and Industrial Organizations

Research & Consulting Service Providers

Research & Development Organizations

Investment Banks & Private Equity Firms