Automotive Battery Thermal Management System Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Automotive Battery Thermal Management System Market is estimated to reach USD 1,288.5 million in 2017 and is projected to grow to USD 4,240.1 million by 2027, registering a CAGR of 16% from 2021 to 2027.

An automotive battery thermal management system is defined as managing a battery by maintaining proper conditions, including charging the battery within specified current limits and measuring the operating time after use. This is part of the automotive battery thermal management system. Electric vehicles are gaining popularity due to their zero pollution and high tank-to-wheel efficiency. However, some factors, such as battery performance, cost, longevity, and safety, are limiting the development of electric vehicles. Therefore, battery care is required to achieve maximum performance when operating in a variety of conditions. A car battery thermal management system helps control the thermal behavior of the battery. Some of the automotive battery thermal management system technologies are air cooling systems, liquid cooling systems, direct refrigerant cooling systems, thermoelectric cooling system,s and heating.

 

Market Segments

By Battery Capacity

•  <100 kWh
• 100-200 kWh
• 200-500 kWh
• >500 kWh

By Battery Type

• Conventional
• Solid-State

By Propulsion

• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Fuel Cell Vehicle (FCV)

Key Players

LG Chem (South Korea), Continental (Germany), Gentherm (US), Robert Bosch (Germany), Valeo (France), Calsonic Kansei (Japan), Dana (US), Hanon System (Korea), Samsung SDI (Korea), MAHLE (Germany), VOSS Automotive (Germany), and CapTherm Systems (Canada)

Scope of the Report

The research study analyzes the global Automotive Battery Thermal Management System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Automotive Battery Thermal Management System Market Report

1. What was the Automotive Battery Thermal Management System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Automotive Battery Thermal Management System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Battery Thermal Management System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.