Report overview
A major aspect for safe and efficient operation of battery electric vehicles (BEV) is the thermal management of their battery systems. As temperature uniformity and level highly affect the system performance and the lifetime, a well-defined thermal management system is substantial for high market penetration of next generation BEVs.
This report contains market size and forecasts of Electric vehicle thermal management system in Global, including the following market information:
Global Electric vehicle thermal management system Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Electric vehicle thermal management system market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Air Cooling Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric vehicle thermal management system include Mahle, Valeo, Bosch, Hana System, Dana, Gentherm, Continental, VOSS Automotive and CapTherm System. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electric vehicle thermal management system companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric vehicle thermal management system Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Electric vehicle thermal management system Market Segment Percentages, by Type, 2021 (%)
Air Cooling
Liquid Cooling
Refrigerant Cooling
Global Electric vehicle thermal management system Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Electric vehicle thermal management system Market Segment Percentages, by Application, 2021 (%)
EV
PHEV
Global Electric vehicle thermal management system Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Electric vehicle 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 Electric vehicle thermal management system revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Electric vehicle thermal management system revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mahle
Valeo
Bosch
Hana System
Dana
Gentherm
Continental
VOSS Automotive
CapTherm System