Global Automotive Battery Thermal Management System Market Information by Technology (Air, Liquid, Phase Change Material, Thermo electrics), Propulsion (BEV, HEV, PHEV & FCV), Battery Capacity, Vehicle Type (Passenger & Commercial) and Region – Forecast to 2027.
ID: MRFR/AM/4273-HCR | February 2021 | Region: Global | 100 pages
Market Scenario
One of the sustainable alternative powertrain technologies chosen by automakers is electric driven vehicles. Evolution of electric vehicles has significantly developed in the past few years. The popularity of electric vehicles is rising due to stringent emission norms imposed by the government. Battery plays a pivotal role in the electric propulsion system. However, there is some limitation in the operating performance of battery, such as cost, lifespan, specific energy, specific power, and efficiency. Hence, the performance of the battery is an important parameter in order to improve the overall efficiency of the vehicle.
The Battery Thermal Management System (BTMS) plays a vital role in controlling the thermal behavior of battery cells. The battery thermal management system manufacturers are testing new materials, arrangements, design, and technologies to improve the overall durability of the powertrain technology. Battery manufacturers are facing issues in energy consumption of automotive electrical equipment. Stringent emission norms will enable key battery manufacturers to adopt the latest energy-efficient technologies. In addition to that, energy efficient technology will minimize heat dissipation through an electric inverter, electric control unit, and water pump in order to improve the overall dynamics of battery thermal management system.
The factors that are responsible for the growth of automotive battery thermal management system market are rise in awareness of electric vehicles, government initiatives in tax exemption, and subsidies offered in the purchase of electric vehicle. Other key drivers expected to contribute towards the growth of the battery thermal management system market are depletion of oil reserves and investment in charging infrastructure.
The automotive battery thermal management system market is segmented into technology, propulsion, battery capacity, and vehicle type. On the basis of technology, forced air system and liquid system are widely used and cover the majority of battery thermal management system market. On the basis of propulsion, the Battery Electric Vehicle (BEV) has the largest demand for automotive battery thermal management system. On the basis of vehicle type, passenger vehicles cover the majority of market share. Very few players, such as BYD Co. and Volvo, are present in the electric commercial vehicle industry, which are working on electric driven vehicles.
Automotive Battery Thermal Management System Market, By Segmentation
The market is segmented based on America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market in future because of government ambition plan for electric vehicles. For instance, Chinese companies, such as BYD Co. and BAIC Motor Corp., and Japanese companies, such as Nissan and Mitsubishi, are investing huge amount money on electric vehicles. America market is second to the Asia Pacific market in battery thermal management system. Thus, the automotive battery thermal management system market is estimated to grow at approximately 16% CAGR during the period 2017-2023.
Key Players
The key players in automotive battery thermal management system market are LG Chem (South Korea), Continental (Germany), GenTherm (U.S.), Robert Bosch (Germany), Valeo (France), Calsonic Kansei (Japan), DANA (U.S.), Hanon Systems (Korea), Samsung SDI (Korea), Mahle (Germany), VOSS Automotive (Germany), and CapTherm Systems (Canada), among others.
The report for Global Automotive Battery Thermal Management System Market of Market Research Future comprises extensive primary research, along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives a clear picture of current market scenario, which includes historical and projected market size in terms of value and volume, technological advancement, macro-economic, and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Frequently Asked Questions (FAQ) :
The market is supposed to mark 16% CAGR by 2023.
Rising demand for longer span of automobiles is expected to drive the growth of the automotive battery thermal management system market.
The propulsion based segments are BEV, PHEC, HEV, and FCV.
The segments of the automotive battery thermal management system market on the basis of technology are air, phase change material, liquid, and thermo electrics.
The players of the automotive battery thermal management system market are LG Chem (South Korea), GenTherm (U.S.), Continental (Germany), Robert Bosch (Germany), DANA (U.S.), Valeo (France), Calsonic Kansei (Japan), Hanon Systems (Korea), Mahle (Germany), VOSS Automotive (Germany), Samsung SDI (Korea), and CapTherm Systems (Canada).
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining power of buyers
3.1.3 Threat of substitutes
3.1.4 Segment rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
5 Global Automotive Battery Thermal Management System Market, By Technology
5.1 Introduction
5.2 Air
5.2.1 Market Estimates & Forecast, 2020-2027
5.2.2 Market Estimates & Forecast by Region, 2020-2027
5.3 Liquid
5.3.1 Market Estimates & Forecast, 2020-2027
5.3.2 Market Estimates & Forecast by Region, 2020-2027
5.4 Phase Change Material
5.4.1 Market Estimates & Forecast, 2020-2027
5.4.2 Market Estimates & Forecast by Region, 2020-2027
5.4 Thermo electrics
5.4.1 Market Estimates & Forecast, 2020-2027
5.4.2 Market Estimates & Forecast by Region, 2020-2027
6 Global Automotive Battery Thermal Management System Market, By Propulsion
6.1 Introduction
6.2 Battery Electric Vehicle
6.2.1 Market Estimates & Forecast, 2020-2027
6.2.2 Market Estimates & Forecast by Region, 2020-2027
6.3 Hybrid Electric Vehicle
6.3.1 Market Estimates & Forecast, 2020-2027
6.3.2 Market Estimates & Forecast by Region, 2020-2027
6.4 Plug-In Hybrid Electric Vehicle
6.4.1 Market Estimates & Forecast, 2020-2027
6.4.2 Market Estimates & Forecast by Region, 2020-2027
6.5 Fuel Cell Vehicle
6.5.1 Market Estimates & Forecast, 2020-2027
6.5.2 Market Estimates & Forecast by Region, 2020-2027
7 Global Automotive Battery thermal management system Market, By Battery Capacity
7.1 Introduction
7.2 0 – 200 KWh
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast by Region, 2020-2027
7.3 200 – 500 KWh
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast by Region, 2020-2027
7.4 > 500 KWh
7.4.1 Market Estimates & Forecast, 2020-2027
7.4.2 Market Estimates & Forecast by Region, 2020-2027
8 Global Automotive Battery Thermal Management System Market, By Vehicle Type
8.1 Introduction
8.2 Passenger
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast by Region, 2020-2027
8.3 Commercial
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast by Region, 2020-2027
9 Global Automotive Battery thermal management system Market, By Region
9.1 Introduction
9.2 America
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast by Technology, 2020-2027
9.2.3 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.2.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.2.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.2.6 U.S.
9.2.6.1 Market Estimates & Forecast, 2020-2027
9.2.6.2 Market Estimates & Forecast by Technology, 2020-2027
9.2.6.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.2.6.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.2.6.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.2.7 Canada
9.2.7.1 Market Estimates & Forecast, 2020-2027
9.2.7.2 Market Estimates & Forecast by Technology, 2020-2027
9.2.7.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.2.7.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.2.7.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.3 Europe
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Technology, 2020-2027
9.3.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.3.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.3.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.3.6 U.K
9.3.6.1 Market Estimates & Forecast, 2020-2027
9.3.6.2 Market Estimates & Forecast by Technology, 2020-2027
9.3.6.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.2.6.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.2.6.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.3.7 Germany
9.3.7.1 Market Estimates & Forecast, 2020-2027
9.3.7.2 Market Estimates & Forecast by Technology, 2020-2027
9.3.7.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.3.7.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.3.7.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.3.8 France
9.3.8.1 Market Estimates & Forecast, 2020-2027
9.3.8.2 Market Estimates & Forecast by Technology, 2020-2027
9.3.8.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.3.8.4 Market Estimates & Forecast by Battery Capacity, 2020-2027
9.3.8.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.3.9 Italy
9.3.9.1 Market Estimates & Forecast, 2020-2027
9.3.9.2 Market Estimates & Forecast by Technology, 2020-2027
9.3.9.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.3.9.4 Market Estimates & Forecast by Battery Capacity, 2020-2027
9.3.9.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.3.10 Rest of Europe
9.3.10.1 Market Estimates & Forecast, 2020-2027
9.3.10.2 Market Estimates & Forecast by Technology, 2020-2027
9.3.10.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.3.10.4 Market Estimates & Forecast by Battery Capacity, 2020-2027
9.3.10.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.4 Asia Pacific
9.4.1 Market Estimates & Forecast, 2020-2027
9.4.2 Market Estimates & Forecast by Technology, 2020-2027
9.4.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.4.4 Market Estimates & Forecast by Battery Capacity, 2020-2027
9.4.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.4.6 China
9.4.6.1 Market Estimates & Forecast, 2020-2027
9.4.6.2 Market Estimates & Forecast by Technology, 2020-2027
9.4.6.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.4.6.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.4.6.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.4.7 Japan
9.4.7.1 Market Estimates & Forecast, 2020-2027
9.4.7.2 Market Estimates & Forecast by Technology, 2020-2027
9.4.7.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.4.7.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.4.7.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.4.8 India
9.4.8.1 Market Estimates & Forecast, 2020-2027
9.4.8.2 Market Estimates & Forecast by Technology, 2020-2027
9.4.8.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.4.8.4 Market Estimates & Forecast by Battery capacity 2020-2027
9.4.8.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.4.9 Rest of Asia Pacific
9.4.9.1 Market Estimates & Forecast, 2020-2027
9.4.9.2 Market Estimates & Forecast by Technology, 2020-2027
9.4.9.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.4.9.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.4.9.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
9.5 Rest of the World
9.5.1 Market Estimates & Forecast, 2020-2027
9.5.2 Market Estimates & Forecast by Technology, 2020-2027
9.5.3 Market Estimates & Forecast by Propulsion, 2020-2027
9.5.4 Market Estimates & Forecast by Battery capacity, 2020-2027
9.5.5 Market Estimates & Forecast by Vehicle Type, 2020-2027
10 Competitive Landscape
11 Company Profile
11.1 LG Chem (South Korea)
11.1.1 Company Overview
11.1.2 Products/Services Offering
11.1.3 Financial Overview
11.1.4 Key Developments
11.1.5 Strategy
11.1.6 SWOT Analysis
11.2 Continental (Germany)
11.2.1 Company Overview
11.2.2 Products/Services Offering
11.2.3 Financial Overview
11.2.4 Key Developments
11.2.5 Strategy
11.2.6 SWOT Analysis
11.3 GenTherm (U.S.)
11.3.1 Company Overview
11.3.2 Products/Services Offering
11.3.3 Financial Overview
11.3.4 Key Developments
11.3.5 Strategy
11.3.6 SWOT Analysis
11.4 Robert Bosch (Germany)
11.4.1 Company Overview
11.4.2 Products/Services Offering
11.4.3 Financial Overview
11.4.4 Key Developments
11.4.5 Strategy
11.4.6 SWOT Analysis
11.5 Valeo (France)
11.5.1 Company Overview
11.5.2 Products/Services Offering
11.5.3 Financial Overview
11.5.4 Key Developments
11.5.5 Strategy
11.5.6 SWOT Analysis
11.6 Calsonic Kansei (Japan)
11.6.1 Company Overview
11.6.2 Products/Services Offering
11.6.3 Financial Overview
11.6.4 Key Developments
11.6.5 Strategy
11.6.6 SWOT Analysis
11.7 DANA (U.S.)
11.7.1 Company Overview
11.7.2 Products/Services Offering
11.7.3 Financial Overview
11.7.4 Key Developments
11.7.5 Strategy
11.7.6 SWOT Analysis
11.8 Hanon Systems (Korea)
11.8.1 Company Overview
11.8.2 Products/Services Offering
11.8.3 Financial Overview
11.8.4 Key Developments
11.8.5 Strategy
11.8.6 SWOT Analysis
11.9 Samsung SDI (Korea)
11.9.1 Company Overview
11.9.2 Products/Services Offering
11.9.3 Financial Overview
11.9.4 Key Developments
11.9.5 Strategy
11.9.6 SWOT Analysis
11.10 Mahle (Germany)
11.10.1 Company Overview
11.10.2 Products/Services Offering
11.10.3 Financial Overview
11.10.4 Key Developments
11.10.5 Strategy
11.10.6 SWOT Analysis
11.11 VOSS Automotive (Germany)
11.11.1 Company Overview
11.11.2 Products/Services Offering
11.11.3 Financial Overview
11.11.4 Key Developments
11.11.5 Strategy
11.11.6 SWOT Analysis
11.12 CapTherm Systems (Canada)
11.12.1 Company Overview
11.12.2 Products/Services Offering
11.12.3 Financial Overview
11.12.4 Key Developments
11.12.5 Strategy
11.12.6 SWOT Analysis
List of Tables
Table 1 Global Automotive Battery Thermal Management System Market: By Region, 2020-2027
Table 2 North America Automotive Battery Thermal Management System Market: By Country, 2020-2027
Table 3 Europe Automotive Battery thermal management system Market: By Country, 2020-2027
Table 4 Asia Pacific Automotive Battery thermal management system Market: By Country, 2020-2027
Table 5 RoW Automotive Battery thermal management system Market: By Country, 2020-2027
Table 6 Global Automotive Battery thermal management system Market, By Technology, By Regions, 2020-2027
Table 7 North America Automotive Battery thermal management system Market, By Technology, By Country, 2020-2027
Table 8 Europe Automotive Battery thermal management system Market, By Technology, By Country, 2020-2027
Table 9 Asia Pacific Automotive Battery thermal management system Market by Technology, By Country, 2020-2027
Table 10 RoW Automotive Battery thermal management system Market by Technology, By Country, 2020-2027
Table 11 Global Automotive Battery thermal management system by Vehicle Type Market: By Regions, 2020-2027
Table 12 North America Automotive Battery thermal management system Market by Vehicle Type: By Country, 2020-2027
Table 13 Europe Automotive Battery thermal management system Market by Vehicle Type: By Country, 2020-2027
Table 14 Asia Pacific Automotive Battery thermal management system Market by Vehicle Type: By Country, 2020-2027
Table 15 RoW Automotive Battery thermal management system Market by Vehicle Type: By Country, 2020-2027
Table 16 Global Automotive Battery thermal management system by Battery Capacity Market: By Regions, 2020-2027
Table 17 North America Automotive Battery thermal management system Market by Battery Capacity: By Country, 2020-2027
Table 18 Europe Automotive Battery thermal management system Market by Battery Capacity: By Country, 2020-2027
Table 19 Asia Pacific Automotive Battery thermal management system Market by Battery Capacity: By Country, 2020-2027
Table 20 RoW Automotive Battery thermal management system Market by Battery Capacity: By Country, 2020-2027
Table 21 Global Automotive Battery thermal management system by Vehicle Type Market: By Regions, 2020-2027
Table 22 North America Automotive Battery thermal management system Market by Vehicle Type: By Country, 2020-2027
Table 23 Europe Automotive Battery thermal management system Market by Vehicle Type: By Country, 2020-2027
Table 24 Asia Pacific Automotive Battery thermal management system Market by Vehicle Type: By Country, 2020-2027
Table 25 RoW Automotive Battery thermal management system Market by Vehicle Type: By Country, 2020-2027
Table 26 Global Automotive Battery thermal management system Market: By Region, 2020-2027
Table 27 Global Automotive Battery thermal management system Market: By Technology, 2020-2027
Table 18 Global Automotive Battery thermal management system Market: By Propulsion, 2020-2027
Table 27 Global Automotive Battery thermal management system Market: By Battery capacity, 2020-2027
Table 18 Global Automotive Battery thermal management system Market: By Vehicle Type, 2020-2027
Table 19 North America Automotive Battery thermal management system Market, By Country
Table 20 North America Automotive Battery thermal management system Market, By Technology
Table 21 North America Automotive Battery thermal management system Market, By Propulsion
Table 20 North America Automotive Battery thermal management system Market, By Battery Capacity
Table 21 North America Automotive Battery thermal management system Market, By Vehicle Type
Table 22 Europe: Automotive Battery thermal management system Market, By Country
Table 23 Europe: Automotive Battery thermal management system Market, By Technology
Table 24 Europe: Automotive Battery thermal management system Market, By Propulsion
Table 25 Europe: Automotive Battery thermal management system Market, By Battery capacity
Table 26 Europe: Automotive Battery thermal management system Market, By Vehicle Type
Table 27 Asia Pacific: Automotive Battery thermal management system Market, By Country
Table 28 Asia Pacific: Automotive Battery thermal management system Market, By Technology
Table 29 Asia Pacific: Automotive Battery thermal management system Market, By Propulsion
Table 30 Asia Pacific: Automotive Battery thermal management system Market, By Battery capacity
Table 31 Asia Pacific: Automotive Battery thermal management system Market, By Vehicle Type
Table 32 RoW: Automotive Battery thermal management system Market, By Region
Table 33 RoW Automotive Battery thermal management system Market, By Technology
Table 34 RoW Automotive Battery thermal management system Market, By Propulsion
Table 35 RoW Automotive Battery thermal management system Market, By Battery capacity
Table 36 RoW Automotive Battery thermal management system Market, By Vehicle Type
List of Figures
FIGURE 1 Research Process of MRFR
FIGURE 2 Top down & Bottom up Approach
FIGURE 3 Market Dynamics
FIGURE 4 impact analysis: market drivers
FIGURE 5 impact analysis: market restraints
FIGURE 6 porter’s five forces analysis
FIGURE 7 Value chain analysis
FIGURE 8 Global Automotive Battery thermal management system Market SHARE, By Technology, 2020 (%)
FIGURE 9 Global Automotive Battery thermal management system Market, By Technology, 2020-2027 (USD MILLION)
FIGURE 10 Global Automotive Battery thermal management system Market SHARE, By Propulsion, 2020 (%)
FIGURE 11 Global Automotive Battery thermal management system Market, By Propulsion, 2020-2027 (USD MILLION)
FIGURE 12 Global Automotive Battery thermal management system Market Share, By Battery capacity, 2020 (%)
FIGURE 13 Global Automotive Battery thermal management system Market, By Battery capacity, 2020-2027 (USD MILLION)
FIGURE 14 Global Automotive Battery thermal management system Market SHARE, By Vehicle Type, 2020 (%)
FIGURE 15 Global Automotive Battery thermal management system Market, By Vehicle Type, 2020-2027 (USD MILLION
FIGURE 16 Global Automotive Battery thermal management system Market SHARE (%), BY Region, 2020
FIGURE 17 Global Automotive Battery thermal management system Market, BY Region, 2020-2027 (USD MILLION)
FIGURE 18 North America Automotive Battery thermal management system Market Share (%), 2020
FIGURE 19 North America Automotive Battery thermal management system Market BY Country, 2020-2027 (USD MILLION)
FIGURE 20 Europe Automotive Battery thermal management system Market Share (%), 2020
FIGURE 21 Europe Automotive Battery thermal management system Market BY Country, 2020-2027 (USD MILLION)
FIGURE 22 Asia Pacific Automotive Battery thermal management system Market Share (%), 2020
FIGURE 23 Asia Pacific Automotive Battery thermal management system Market BY Country, 2020-2027 (USD MILLION)
FIGURE 24 Rest of the World Automotive Battery thermal management system Market Share (%), 2020
FIGURE 25 Rest of the World Automotive Battery thermal management system Market BY Country, 2020-2027 (USD MILLION)