The Global automotive battery thermal management system market is estimated to reach USD 3.2 Billion in 2024 at a CAGR of 16.9 %. Increase in improvement of electrical performance and battery life and increase in demand of electric vehicle from emerging economies is expected to drive the automotive battery thermal management system market during the forecast period. However, high manufacturing cost are expected to restrain the market during the forecast period. Rise in adoption of advanced lithium-ion batteries and increase need for thermal protection due to safety considerations are expected to become an opportunity for automotive battery thermal management system market.

Automotive battery thermal management system increases the temperature of battery and maintains the optimum operating temperature to maximize output efficiency and prolong battery life. This system has a heating and cooling capabilities to maintain the battery cell temperature within the specified time range. This system plays a vital role in controlling the thermal behavior of the battery. Some key players in automotive battery thermal management system are Continental AG, LG Chem., GENTHERM., Marelli Corporation and SAMSUNG SDI CO.LTD.among others.

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 Automotive Battery Thermal Management System: Trends, Segmentation & Drivers

This market research report offers a comprehensive analysis of key market trends in the global automotive battery thermal management system market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by tactful feedbacks. On the basis of battery type, the market is segmented into solid-state batteryand conventional battery. Based on technology, the market can be segmented into air cooling and heating system, liquid cooling and heating system, direct refrigerant cooling and heating system, phase change material (PCM) system, thermo-electric system and others. Based on application, the market can be segmented into battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs) and fuel cell electric vehicles. Based on vehicle-type, the market can be segmented into passenger car and commercial vehicle. Based on end user, the market can be segmented into original equipment manufacturer (OEM) and aftermarket. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Middle East & Africa, and South America, with individual country-level analysis.

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Automotive Battery Thermal Management System: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM Market by Battery Type

  • Solid-State Battery
  • Conventional Battery

AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM Market by Technology

  • Air Cooling and Heating System
  • Liquid Cooling and Heating System
  • Direct Refrigerant Cooling and Heating System
  • Phase Change Material (PCM) System
  • Thermo-Electric System
  • Others

AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM Market by Application

  • Battery Electric Vehicles (BEVs)
  • Plug-In Hybrid Electric Vehicles (PHEVs)
  • Hybrid Electric Vehicles (HEVs)
  • Fuel Cell Electric Vehicles

AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM Market by Vehicle-Type

  • Passenger Car
  • Commercial Vehicle

AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM Market by End-User

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
    • North America (US, Canada, Mexico)
    • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
    • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
    • South America (Brazil, Argentina, Rest of South America)

Table of Content:

  INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

               2.2.1    Key Industry Expert Insight

2.3       Secondary Research

             2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                 4.2.1.    Increase in Improvement of Electrical Performance and Battery Life

                                 4.2.2.    Increase in Demand of Electric Vehicle from Emerging Economies

4.3       Restraints

     4.3.1    High Manufacturing Cost

4.4       Opportunities

     4.4.1    Rise in Adoption of Advanced Lithium-Ion Batteries

    4.4.2    Increase Need for Thermal Protection Due to Safety Considerations

4.5       Challenges

     4.5.1    Optimizing Battery Range and Lifespan in Hybrid and Electric Vehicles

     4.5.2    Reduction in Reliability and Increased Design Complexity

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM MARKET BY BATTERY TYPE, Market Size in USD Million (2017—2024)

6.1       Introduction

6.2       Solid-State Battery

6.3       Conventional Battery

7      AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM MARKET BY TECHNOLOGY, Market Size in USD Million (2017—2024)

7.1       Introduction

7.2       Air Cooling and Heating System

7.3       Liquid Cooling and Heating System

7.4       Direct Refrigerant Cooling and Heating System

7.5       Phase Change Material (PCM) System

7.6       Thermo-Electric System

7.7       Others

8      AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM MARKET BY APPLICATION, Market Size in USD Million (2017—2024)

8.1       Introduction

8.2       Battery Electric Vehicles (BEVs)

8.3       Plug-In Hybrid Electric Vehicles (PHEVs)

8.4       Hybrid Electric Vehicles (HEVs)

8.5       Fuel Cell Electric Vehicles

9      AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM MARKET BY VEHICLE TYPE, Market Size in USD Million (2017—2024)

9.1       Introduction

9.2       Passenger Car

9.3       Commercial Vehicle

10   AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM MARKET BY END-USER, Market Size in USD Million (2017—2024)

10.1     Introduction

10.2     Original Equipment Manufacturer (OEM)

10.3     Aftermarket

  11   AUTOMOTIVE BATTERY THERMAL MANAGEMENT SYSTEM MARKET BY REGION, Market Size in USD Million (2017—2024)

11.1     North America

                                11.1.1    US

                                11.1.2    Canada

                                11.1.3    Mexico

11.2     Europe

                                11.2.1    Germany

                                11.2.2    UK

                                11.2.3    France

                                11.2.4    Italy

                                11.2.5    Spain

                                11.2.6    Norway

                                11.2.7    Rest of Europe

11.3     Asia-Pacific

                                11.3.1    China

                                11.3.2    India

                                11.3.3    Japan

                                11.3.4    South Korea

                                11.3.5    Rest of Asia-Pacific

11.4     Middle East & Africa

                                11.4.1    Saudi Arabia

                                11.4.2    UAE

                                11.4.3    Rest of Middle East & Africa

11.5     South America

                                11.5.1    Brazil

                                11.5.2    Argentina

                                11.5.3    Rest of South America  

12   COMPETITIVE LANDSCAPE

12.1     Introduction

12.2     Market Ranking/Share Analysis of Key Companies

12.3     Company Benchmarking

13   COMPANY PROFILES

13.1     Continental AG

                                13.1.1    Company Overview

                                13.1.2    Financial Overview

                                13.1.3    Products/Solutions/Services Offered

                                13.1.4    Key Developments

                                13.1.5    SWOT Analysis

13.2     LG Chem.

13.3     GENTHERM.

13.4     Marelli Corporation

13.5     SAMSUNG SDI CO.,LTD.

13.6     VALEO

13.7     Hanon Systems

13.8     Bosch Limited

13.9     Dana Limited.

13.10  MAHLE GmbH

13.11  Others

14   APPENDIX

14.1     Key Industry Expert Insights

14.2     Primary Discussion Guide

14.3   Customization Options

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