The performance and life of the battery system of electric vehicles is affected by the surrounding temperature. Thus, battery thermal management systems are generally integrated with battery cells. The battery thermal management system maintains the battery temperature, at which the battery output is optimum.
The active battery thermal management system consists of forced circulation of coolant in order to maintain uniform temperature of the batteries. The coolant can be air or liquid. The forced air circulation method is simple in construction and inexpensive and hence, it has proven to be a reliable technology of battery thermal management system. However, the system is not effective at higher battery temperatures, such as 50 to 55 degree Celsius. The liquid-cooled battery thermal management system is capable of maintaining uniform battery temperature; however, the system is complicated and cumbersome to maintain. The active battery thermal management system segment is likely to expand at significant CAGR during the forecast period owing to its simplicity, inexpensiveness, and superior performance.
China and Japan account for a large number of passenger and commercial electric vehicles. Manufacturers concern toward electric vehicles, government support, shifted preference of consumers toward electric vehicles, and stringent emission norms are fueling the penetration of electric vehicles across China and Japan. India is among the emerging markets for electric vehicles. Asia Pacific is dominating the global battery thermal management system market owing to the large number of electric vehicles across China and Japan and increasing demand across India, Australia, and ASEAN nations. It is predicted to maintain its leading position in the global market during the forecast period.
Global Thermal Management System for Automotive Battery market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Thermal Management System for Automotive Battery.
This industry study presents the global Thermal Management System for Automotive Battery market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Thermal Management System for Automotive Battery production, revenue and market share by manufacturers, key regions and type;
The consumption of Thermal Management System for Automotive Battery in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Continental, Robert Bosch, etc.
The following manufacturers are covered in this report:
Grayson Thermal Systems
Thermal Management System for Automotive Battery Breakdown Data by Type
by System Type
by Battery Capacity
48V and Above
Thermal Management System for Automotive Battery Breakdown Data by Application
Thermal Management System for Automotive Battery Production by Region
Thermal Management System for Automotive Battery Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Thermal Management System for Automotive Battery status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Thermal Management System for Automotive Battery manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Thermal Management System for Automotive Battery :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Thermal Management System for Automotive Battery market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.