Global Automotive Battery Thermal Management System Market Insights and Forecast to 2028

Automotie Battery Thermal Management System Market 

Due to the COVID-19 pandemic, the global Automotive Battery Thermal Management System market size is estimated to be worth US$ 1001.8 million in 2022 and is forecast to a readjusted size of US$ 3858.4 million by 2028 with a CAGR of 25.2% during the review period.

Automotive Battery Thermal Management System is a system controlling the cooling and pre-heating of battery used in electric and hybrid vehicles. Automotive Battery Thermal Management System is part of the automotive thermal management system. It ensures batteries operate within a certain temperature range, will be crucial to helping electric cars drive greater distances for a longer period of time. The major parts of automotive battery thermal management system are Cooling plate, battery cooler, electronic water pump and electronic expansion valve. Most of these parts are produced by the system suppliers

Fully considering the economic change by this health crisis, Liquid Cooling and Heating accounting for % of the Automotive Battery Thermal Management System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While PHEV segment is altered to an % CAGR throughout this forecast period.

Automotie Battery Thermal Management System Market Share

Mahle, Valeo, Hanon Systems, Gentherm and Dana are the top 5 manufacturters of Automotive Battery Thermal Management System, with about 66% market shares.

Europe is the largest consumption place, with a consumption market share nearly 61%. Following Europe, Asia Pacific is the second largest consumption place with the consumption market share of 20%.

In terms of production side, this report researches the Automotive Battery Thermal Management System capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Automotive Battery Thermal Management System by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Automotive Battery Thermal Management System market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Automotive Battery Thermal Management System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

By Type

• Liquid Cooling and Heating
• Air Cooling and Heating

By Application

• PHEV
• BEV

By Company

• Mahle
• Valeo
• Hanon Systems
• Gentherm
• Dana
• Grayson

By Region

• North America
• US.
• Canada
• Europe
• Germany
• France
• UK.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E