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Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Research Report 2025

Published Date: February 2025

Report Code: QYRE-Auto-29M14747

Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Insights Forecast to 2029

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Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Research Report 2025

Code: QYRE-Auto-29M14747

Report

February 2025

Pages:98

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

MAHLE

Valeo

Dana

Hanon Systems

Marelli Holdings Co., Ltd.

Robert Bosch GmbH

BorgWarner

Continental AG

Voss Automotive GmbH

Kendrion N.V.

LG Chem

DENSO Corporation

Norma Group

Modine Manufacturing Company

Gentherm

A. KAYSER AUTOMOTIVE SYSTEMS GmbH

Ymer Technology

Grayson

Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size

The global market for Thermal Management Systems for Hybrid Vehicle and Electric Vehicles was valued at US$ 4433 million in the year 2024 and is projected to reach a revised size of US$ 17510 million by 2031, growing at a CAGR of 22.0% during the forecast period.

Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market

An automotive Thermal Management System (TMS) surveys and handles the fluctuating temperature of several automobile systems such as power electronics, distribution, battery, electric drive units, engine, and passenger cabin spaces to augment proficiency and avert destruction to the constituents. this report studries Electric Vehicle Thermal Management and Hybrid Vehicle Thermal Management systems

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

This report aims to provide a comprehensive presentation of the global market for Thermal Management Systems for Hybrid Vehicle and Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermal Management Systems for Hybrid Vehicle and Electric Vehicles.

The Thermal Management Systems for Hybrid Vehicle and Electric Vehicles market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Thermal Management Systems for Hybrid Vehicle and Electric Vehicles companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Report

Report Metric	Details
Report Name	Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market
Accounted market size in year	US$ 4433 million
Forecasted market size in 2031	US$ 17510 million
CAGR	22.0%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	Battery Thermal Management HVAC Powertrain Others
Segment by Application	Hybrid Vehicle Electric Vehicles
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	MAHLE GmbH, Valeo, Dana Limited, Hanon Systems, Marelli Holdings Co., Ltd., Robert Bosch GmbH, BorgWarner Inc., Continental AG, VOSS Automotive GmbH, Kendrion N.V., LG Chem, DENSO Corporation, NORMA Group, MODINE MANUFACTURING COMPANY, GENTHERM, A. KAYSER AUTOMOTIVE SYSTEMS GmbH, Ymer Technology, Grayson
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Thermal Management Systems for Hybrid Vehicle and Electric Vehicles company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market growing?

Ans: The Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market witnessing a CAGR of 22.0% during the forecast period 2025-2031.

What is the Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market size in 2031?

Ans: The Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market size in 2031 will be US$ 17510 million.

What is the Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market share by application?

Ans: Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%.

Who are the main players in the Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market report?

Ans: The main players in the Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market are MAHLE GmbH, Valeo, Dana Limited, Hanon Systems, Marelli Holdings Co., Ltd., Robert Bosch GmbH, BorgWarner Inc., Continental AG, VOSS Automotive GmbH, Kendrion N.V., LG Chem, DENSO Corporation, NORMA Group, MODINE MANUFACTURING COMPANY, GENTHERM, A. KAYSER AUTOMOTIVE SYSTEMS GmbH, Ymer Technology, Grayson

What are the Application segmentation covered in the Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market report?

Ans: The Applications covered in the Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market report are Hybrid Vehicle, Electric Vehicles

What are the Type segmentation covered in the Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market report?

Ans: The Types covered in the Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market report are Battery Thermal Management, HVAC, Powertrain, Others

Recommended Reports

EV Thermal Solutions

Battery Thermal Management

EV Thermal Components

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 Battery Thermal Management

1.2.3 HVAC

1.2.4 Powertrain

1.2.5 Others

1.3 Market by Application

1.3.1 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Hybrid Vehicle

1.3.3 Electric Vehicles

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Perspective (2020-2031)

2.2 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Growth Trends by Region

2.2.1 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Historic Market Size by Region (2020-2025)

2.2.3 Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Forecasted Market Size by Region (2026-2031)

2.3 Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Dynamics

2.3.1 Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Industry Trends

2.3.2 Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Drivers

2.3.3 Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Challenges

2.3.4 Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Players by Revenue

3.1.1 Global Top Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Players by Revenue (2020-2025)

3.1.2 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue Market Share by Players (2020-2025)

3.2 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue

3.4 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Concentration Ratio

3.4.1 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue in 2024

3.5 Global Key Players of Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Head office and Area Served

3.6 Global Key Players of Thermal Management Systems for Hybrid Vehicle and Electric Vehicles, Product and Application

3.7 Global Key Players of Thermal Management Systems for Hybrid Vehicle and Electric Vehicles, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Breakdown Data by Type

4.1 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Historic Market Size by Type (2020-2025)

4.2 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Forecasted Market Size by Type (2026-2031)

5 Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Breakdown Data by Application

5.1 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Historic Market Size by Application (2020-2025)

5.2 Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size (2020-2031)

6.2 North America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2020-2025)

6.4 North America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size (2020-2031)

7.2 Europe Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2020-2025)

7.4 Europe Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8 Asia-Pacific

8.1 Asia-Pacific Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size (2020-2031)

8.2 Asia-Pacific Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Region (2020-2025)

8.4 Asia-Pacific Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9 Latin America

9.1 Latin America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size (2020-2031)

9.2 Latin America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2020-2025)

9.4 Latin America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size (2020-2031)

10.2 Middle East & Africa Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2020-2025)

10.4 Middle East & Africa Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 MAHLE GmbH

11.1.1 MAHLE GmbH Company Details

11.1.2 MAHLE GmbH Business Overview

11.1.3 MAHLE GmbH Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.1.4 MAHLE GmbH Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.1.5 MAHLE GmbH Recent Development

11.2 Valeo

11.2.1 Valeo Company Details

11.2.2 Valeo Business Overview

11.2.3 Valeo Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.2.4 Valeo Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.2.5 Valeo Recent Development

11.3 Dana Limited

11.3.1 Dana Limited Company Details

11.3.2 Dana Limited Business Overview

11.3.3 Dana Limited Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.3.4 Dana Limited Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.3.5 Dana Limited Recent Development

11.4 Hanon Systems

11.4.1 Hanon Systems Company Details

11.4.2 Hanon Systems Business Overview

11.4.3 Hanon Systems Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.4.4 Hanon Systems Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.4.5 Hanon Systems Recent Development

11.5 Marelli Holdings Co., Ltd.

11.5.1 Marelli Holdings Co., Ltd. Company Details

11.5.2 Marelli Holdings Co., Ltd. Business Overview

11.5.3 Marelli Holdings Co., Ltd. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.5.4 Marelli Holdings Co., Ltd. Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.5.5 Marelli Holdings Co., Ltd. Recent Development

11.6 Robert Bosch GmbH

11.6.1 Robert Bosch GmbH Company Details

11.6.2 Robert Bosch GmbH Business Overview

11.6.3 Robert Bosch GmbH Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.6.4 Robert Bosch GmbH Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.6.5 Robert Bosch GmbH Recent Development

11.7 BorgWarner Inc.

11.7.1 BorgWarner Inc. Company Details

11.7.2 BorgWarner Inc. Business Overview

11.7.3 BorgWarner Inc. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.7.4 BorgWarner Inc. Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.7.5 BorgWarner Inc. Recent Development

11.8 Continental AG

11.8.1 Continental AG Company Details

11.8.2 Continental AG Business Overview

11.8.3 Continental AG Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.8.4 Continental AG Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.8.5 Continental AG Recent Development

11.9 VOSS Automotive GmbH

11.9.1 VOSS Automotive GmbH Company Details

11.9.2 VOSS Automotive GmbH Business Overview

11.9.3 VOSS Automotive GmbH Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.9.4 VOSS Automotive GmbH Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.9.5 VOSS Automotive GmbH Recent Development

11.10 Kendrion N.V.

11.10.1 Kendrion N.V. Company Details

11.10.2 Kendrion N.V. Business Overview

11.10.3 Kendrion N.V. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.10.4 Kendrion N.V. Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.10.5 Kendrion N.V. Recent Development

11.11 LG Chem

11.11.1 LG Chem Company Details

11.11.2 LG Chem Business Overview

11.11.3 LG Chem Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.11.4 LG Chem Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.11.5 LG Chem Recent Development

11.12 DENSO Corporation

11.12.1 DENSO Corporation Company Details

11.12.2 DENSO Corporation Business Overview

11.12.3 DENSO Corporation Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.12.4 DENSO Corporation Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.12.5 DENSO Corporation Recent Development

11.13 NORMA Group

11.13.1 NORMA Group Company Details

11.13.2 NORMA Group Business Overview

11.13.3 NORMA Group Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.13.4 NORMA Group Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.13.5 NORMA Group Recent Development

11.14 MODINE MANUFACTURING COMPANY

11.14.1 MODINE MANUFACTURING COMPANY Company Details

11.14.2 MODINE MANUFACTURING COMPANY Business Overview

11.14.3 MODINE MANUFACTURING COMPANY Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.14.4 MODINE MANUFACTURING COMPANY Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.14.5 MODINE MANUFACTURING COMPANY Recent Development

11.15 GENTHERM

11.15.1 GENTHERM Company Details

11.15.2 GENTHERM Business Overview

11.15.3 GENTHERM Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.15.4 GENTHERM Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.15.5 GENTHERM Recent Development

11.16 A. KAYSER AUTOMOTIVE SYSTEMS GmbH

11.16.1 A. KAYSER AUTOMOTIVE SYSTEMS GmbH Company Details

11.16.2 A. KAYSER AUTOMOTIVE SYSTEMS GmbH Business Overview

11.16.3 A. KAYSER AUTOMOTIVE SYSTEMS GmbH Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.16.4 A. KAYSER AUTOMOTIVE SYSTEMS GmbH Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.16.5 A. KAYSER AUTOMOTIVE SYSTEMS GmbH Recent Development

11.17 Ymer Technology

11.17.1 Ymer Technology Company Details

11.17.2 Ymer Technology Business Overview

11.17.3 Ymer Technology Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.17.4 Ymer Technology Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.17.5 Ymer Technology Recent Development

11.18 Grayson

11.18.1 Grayson Company Details

11.18.2 Grayson Business Overview

11.18.3 Grayson Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Introduction

11.18.4 Grayson Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

11.18.5 Grayson Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

MAHLE

Valeo

Dana

Hanon Systems

Marelli Holdings Co., Ltd.

Robert Bosch GmbH

BorgWarner

Continental AG

Voss Automotive GmbH

Kendrion N.V.

LG Chem

DENSO Corporation

Norma Group

Modine Manufacturing Company

Gentherm

A. KAYSER AUTOMOTIVE SYSTEMS GmbH

Ymer Technology

Grayson

List of Tables

Table 1. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of Battery Thermal Management

Table 3. Key Players of HVAC

Table 4. Key Players of Powertrain

Table 5. Key Players of Others

Table 6. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 7. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 8. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Region (2020-2025) & (US$ Million)

Table 9. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Region (2020-2025)

Table 10. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 11. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Region (2026-2031)

Table 12. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Trends

Table 13. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Drivers

Table 14. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Challenges

Table 15. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Restraints

Table 16. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue by Players (2020-2025) & (US$ Million)

Table 17. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Players (2020-2025)

Table 18. Global Top Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles as of 2024)

Table 19. Ranking of Global Top Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Companies by Revenue (US$ Million) in 2024

Table 20. Global 5 Largest Players Market Share by Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue (CR5 and HHI) & (2020-2025)

Table 21. Global Key Players of Thermal Management Systems for Hybrid Vehicle and Electric Vehicles, Headquarters and Area Served

Table 22. Global Key Players of Thermal Management Systems for Hybrid Vehicle and Electric Vehicles, Product and Application

Table 23. Global Key Players of Thermal Management Systems for Hybrid Vehicle and Electric Vehicles, Date of Enter into This Industry

Table 24. Mergers & Acquisitions, Expansion Plans

Table 25. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Type (2020-2025) & (US$ Million)

Table 26. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue Market Share by Type (2020-2025)

Table 27. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 28. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue Market Share by Type (2026-2031)

Table 29. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Application (2020-2025) & (US$ Million)

Table 30. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue Market Share by Application (2020-2025)

Table 31. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 32. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue Market Share by Application (2026-2031)

Table 33. North America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 34. North America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2020-2025) & (US$ Million)

Table 35. North America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2026-2031) & (US$ Million)

Table 36. Europe Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 37. Europe Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2020-2025) & (US$ Million)

Table 38. Europe Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2026-2031) & (US$ Million)

Table 39. Asia-Pacific Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 40. Asia-Pacific Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Region (2020-2025) & (US$ Million)

Table 41. Asia-Pacific Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Region (2026-2031) & (US$ Million)

Table 42. Latin America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 43. Latin America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2020-2025) & (US$ Million)

Table 44. Latin America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2026-2031) & (US$ Million)

Table 45. Middle East & Africa Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 46. Middle East & Africa Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2020-2025) & (US$ Million)

Table 47. Middle East & Africa Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Country (2026-2031) & (US$ Million)

Table 48. MAHLE GmbH Company Details

Table 49. MAHLE GmbH Business Overview

Table 50. MAHLE GmbH Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 51. MAHLE GmbH Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 52. MAHLE GmbH Recent Development

Table 53. Valeo Company Details

Table 54. Valeo Business Overview

Table 55. Valeo Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 56. Valeo Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 57. Valeo Recent Development

Table 58. Dana Limited Company Details

Table 59. Dana Limited Business Overview

Table 60. Dana Limited Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 61. Dana Limited Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 62. Dana Limited Recent Development

Table 63. Hanon Systems Company Details

Table 64. Hanon Systems Business Overview

Table 65. Hanon Systems Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 66. Hanon Systems Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 67. Hanon Systems Recent Development

Table 68. Marelli Holdings Co., Ltd. Company Details

Table 69. Marelli Holdings Co., Ltd. Business Overview

Table 70. Marelli Holdings Co., Ltd. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 71. Marelli Holdings Co., Ltd. Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 72. Marelli Holdings Co., Ltd. Recent Development

Table 73. Robert Bosch GmbH Company Details

Table 74. Robert Bosch GmbH Business Overview

Table 75. Robert Bosch GmbH Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 76. Robert Bosch GmbH Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 77. Robert Bosch GmbH Recent Development

Table 78. BorgWarner Inc. Company Details

Table 79. BorgWarner Inc. Business Overview

Table 80. BorgWarner Inc. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 81. BorgWarner Inc. Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 82. BorgWarner Inc. Recent Development

Table 83. Continental AG Company Details

Table 84. Continental AG Business Overview

Table 85. Continental AG Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 86. Continental AG Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 87. Continental AG Recent Development

Table 88. VOSS Automotive GmbH Company Details

Table 89. VOSS Automotive GmbH Business Overview

Table 90. VOSS Automotive GmbH Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 91. VOSS Automotive GmbH Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 92. VOSS Automotive GmbH Recent Development

Table 93. Kendrion N.V. Company Details

Table 94. Kendrion N.V. Business Overview

Table 95. Kendrion N.V. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 96. Kendrion N.V. Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 97. Kendrion N.V. Recent Development

Table 98. LG Chem Company Details

Table 99. LG Chem Business Overview

Table 100. LG Chem Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 101. LG Chem Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 102. LG Chem Recent Development

Table 103. DENSO Corporation Company Details

Table 104. DENSO Corporation Business Overview

Table 105. DENSO Corporation Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 106. DENSO Corporation Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 107. DENSO Corporation Recent Development

Table 108. NORMA Group Company Details

Table 109. NORMA Group Business Overview

Table 110. NORMA Group Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 111. NORMA Group Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 112. NORMA Group Recent Development

Table 113. MODINE MANUFACTURING COMPANY Company Details

Table 114. MODINE MANUFACTURING COMPANY Business Overview

Table 115. MODINE MANUFACTURING COMPANY Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 116. MODINE MANUFACTURING COMPANY Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 117. MODINE MANUFACTURING COMPANY Recent Development

Table 118. GENTHERM Company Details

Table 119. GENTHERM Business Overview

Table 120. GENTHERM Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 121. GENTHERM Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 122. GENTHERM Recent Development

Table 123. A. KAYSER AUTOMOTIVE SYSTEMS GmbH Company Details

Table 124. A. KAYSER AUTOMOTIVE SYSTEMS GmbH Business Overview

Table 125. A. KAYSER AUTOMOTIVE SYSTEMS GmbH Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 126. A. KAYSER AUTOMOTIVE SYSTEMS GmbH Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 127. A. KAYSER AUTOMOTIVE SYSTEMS GmbH Recent Development

Table 128. Ymer Technology Company Details

Table 129. Ymer Technology Business Overview

Table 130. Ymer Technology Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 131. Ymer Technology Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 132. Ymer Technology Recent Development

Table 133. Grayson Company Details

Table 134. Grayson Business Overview

Table 135. Grayson Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Product

Table 136. Grayson Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025) & (US$ Million)

Table 137. Grayson Recent Development

Table 138. Research Programs/Design for This Report

Table 139. Key Data Information from Secondary Sources

Table 140. Key Data Information from Primary Sources

Table 141. Authors List of This Report

List of Figures

Figure 1. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Picture

Figure 2. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Type: 2024 VS 2031

Figure 4. Battery Thermal Management Features

Figure 5. HVAC Features

Figure 6. Powertrain Features

Figure 7. Others Features

Figure 8. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size by Application (2020-2031) & (US$ Million)

Figure 9. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Application: 2024 VS 2031

Figure 10. Hybrid Vehicle Case Studies

Figure 11. Electric Vehicles Case Studies

Figure 12. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Report Years Considered

Figure 13. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 14. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 15. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Region: 2024 VS 2031

Figure 16. Global Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Players in 2024

Figure 17. Global Top Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles as of 2024)

Figure 18. The Top 10 and 5 Players Market Share by Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Revenue in 2024

Figure 19. North America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 20. North America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Country (2020-2031)

Figure 21. United States Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 22. Canada Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 23. Europe Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. Europe Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Country (2020-2031)

Figure 25. Germany Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. France Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. U.K. Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. Italy Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 29. Russia Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. Nordic Countries Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. Asia-Pacific Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Asia-Pacific Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Region (2020-2031)

Figure 33. China Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. Japan Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. South Korea Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. Southeast Asia Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 37. India Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. Australia Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. Latin America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Latin America Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Country (2020-2031)

Figure 41. Mexico Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Brazil Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 43. Middle East & Africa Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Middle East & Africa Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Share by Country (2020-2031)

Figure 45. Turkey Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. Saudi Arabia Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 47. UAE Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 48. MAHLE GmbH Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 49. Valeo Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 50. Dana Limited Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 51. Hanon Systems Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 52. Marelli Holdings Co., Ltd. Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 53. Robert Bosch GmbH Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 54. BorgWarner Inc. Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 55. Continental AG Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 56. VOSS Automotive GmbH Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 57. Kendrion N.V. Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 58. LG Chem Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 59. DENSO Corporation Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 60. NORMA Group Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 61. MODINE MANUFACTURING COMPANY Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 62. GENTHERM Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 63. A. KAYSER AUTOMOTIVE SYSTEMS GmbH Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 64. Ymer Technology Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 65. Grayson Revenue Growth Rate in Thermal Management Systems for Hybrid Vehicle and Electric Vehicles Business (2020-2025)

Figure 66. Bottom-up and Top-down Approaches for This Report

Figure 67. Data Triangulation

Figure 68. Key Executives Interviewed

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