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.
In 2019, the market size of Thermal Management System for Automotive Battery is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Thermal Management System for Automotive Battery.
This report studies the global market size of Thermal Management System for Automotive Battery, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Thermal Management System for Automotive Battery production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Continental
Robert Bosch
Valeo
Calsonic Kansei
Gentherm
Dana
Mahle
LG Chem
Samsung SDI
VOSS Automotive
CapTherm Systems
Hanon Systems
Grayson Thermal Systems
Market Segment by Product Type
Active
Passive
Market Segment by Application
Passenger Vehicles
Commercial Vehicles
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Thermal Management System for Automotive Battery status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Thermal Management System for Automotive Battery manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 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 are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Thermal Management System for Automotive Battery. Industry analysis & Market Report on Thermal Management System for Automotive Battery is a syndicated market report, published as Global (United States, European Union and China) Thermal Management System for Automotive Battery Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Thermal Management System for Automotive Battery market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.