![Electric Vehicle Battery Thermal Management Systems Market](https://www.skyquestt.com/assets/frontend/images/upcoming_reports_cover_image.jpg)
Report ID: UCMIG25A2096
Report ID:
UCMIG25A2096 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2019, the global electric vehicle battery thermal management systems market exhibited a substantial value of USD 1.6 billion, marking its pivotal role within the automotive sector. Forecasts are optimistic, with a projected Compound Annual Growth Rate (CAGR) of 28.5% anticipated from 2020 to 2027. This remarkable growth trajectory finds its roots in a key catalyst: the accelerating adoption of electric vehicles (EVs) on a global scale. Prominent countries like China, the United States, and Norway have notably witnessed a surge in EV sales, creating a fertile ground for sustained market expansion. As the EV market continues to gain traction, the demand for efficient battery thermal management systems, ensuring optimal performance and longevity of EV batteries, becomes an imperative, further propelling the growth of this dynamic market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Auto Parts & Equipment by segment aggregation, the contribution of the Auto Parts & Equipment in Automobiles & Components and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONThe market for Electric Vehicle Battery Thermal Management Systems was estimated to be valued at US$ XX Mn in 2021.
The Electric Vehicle Battery Thermal Management Systems Market is estimated to grow at a CAGR of XX% by 2028.
The Electric Vehicle Battery Thermal Management Systems Market is segmented on the basis of System Type (Revenue, USD Million, 2016 - 2027), Application (Revenue, USD Million, 2016 - 2027), Regional (Revenue, USD Million, 2016 - 2027).
Based on region, the Electric Vehicle Battery Thermal Management Systems Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Electric Vehicle Battery Thermal Management Systems Market are , Robert Bosch GmbH , GENTHERM Incorporated , Valeo , Dana Incorporated , Mahle GmbH , Hanon Systems , Voss Automotive GmbH , 3M , Grayson , Polymer Science, Inc. , Lord Corporation".
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Report ID: UCMIG25A2096