Thermal management involves regulating heat flows in the vehicle. All the components in the vehicle need to be operated in their respective optimal temperature range in order to generate pleasant temperatures for passengers inside the vehicle. The battery thermal management systems play a major role in controlling the thermal behaviour of the battery cells. The life and performance of the battery systems are affected by the surrounding temperature. Thus, the battery thermal management systems maintain the battery temperature at which the battery output is optimum.
MARKET DYNAMICS
Battery thermal management system plays a vital role in improving battery efficiency and performance, which is further accelerating the adoption of these systems in the market. Further, the rise in demand for electric vehicles is also contributing to the growth of the automotive battery thermal management system market. Moreover, the growing adoption of new technologies in lithium-ion batteries and the rising trend of battery-driven public transport are the factors that are anticipated to boost the market growth in the near future.
MARKET SCOPE
The "Global Automotive battery thermal management system Market Analysis to 2028" is a specialized and in-depth study of the automotive battery thermal management system industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive battery thermal management system market with detailed market segmentation by battery type, propulsion, battery capacity, vehicle type, and geography. The global automotive battery thermal management system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive battery thermal management system market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automotive battery thermal management system market is segmented on the basis of battery type, propulsion, battery capacity, and vehicle type. Based on battery type, the market is segmented as conventional and solid-state. Further, based on propulsion, the market is divided into HEV, BEV, PHEV, and FCV. Furthermore, on basis of battery capacity, market is segmented as less than 100 kWh, 100-200 kWh, 200-500 kWh, and more than 500 kWh. Based on vehicle type, the automotive battery thermal management system market is segmented as passenger vehicle, HCV, and LCV.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive battery thermal management system market based on various segments. it also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive battery thermal management system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive battery thermal management system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the automotive battery thermal management system market for each region.
MARKET PLAYERS
The reports cover key developments in the automotive battery thermal management system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from automotive battery thermal management system market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive battery thermal management system in the global market. Below mentioned is the list of few companies engaged in the automotive battery thermal management system market.
The report also includes the profiles of key automotive battery thermal management system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
- Calsonic Kansei Corporation
- Continental AG
- Dana Incorporated
- Gentherm Incorporated
- Hanon Systems
- LG Chem Ltd.
- MAHLE GmbH
- Robert Bosch GmbH
- SAMSUNG SDI CO., LTD.
- Valeo