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Passenger Vehicle Battery Thermal Management System-Global Market Insights and Sales Trends 2024
Synopsis
Automotive Battery Thermal Management System is a system controlling the cooling and pre-heating of battery used in electric and hybrid vehicles. Automotive Battery Thermal Management System is part of the automotive thermal management system. It ensures batteries operate within a certain temperature range, will be crucial to helping electric cars drive greater distances for a longer period of time. The major parts of automotive battery thermal management system are Cooling plate, battery cooler, electronic water pump and electronic expansion valve. Most of these parts are produced by the system suppliers.
The global Passenger Vehicle Battery Thermal Management System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Passenger Vehicle Battery Thermal Management System in various end use industries. The expanding demands from the PHEV and BEV, are propelling Passenger Vehicle Battery Thermal Management System market. Liquid Cooling and Heating, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Air Cooling and Heating segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Passenger Vehicle Battery Thermal Management System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Passenger Vehicle Battery Thermal Management System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Passenger Vehicle Battery Thermal Management System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Passenger Vehicle Battery Thermal Management System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Passenger Vehicle Battery Thermal Management System covered in this report include Mahle, Valeo, Hanon Systems, Gentherm, Dana and Grayson, etc.
The global Passenger Vehicle Battery Thermal Management System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Mahle
Valeo
Hanon Systems
Gentherm
Dana
Grayson
Global Passenger Vehicle Battery Thermal Management System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Passenger Vehicle Battery Thermal Management System market, Segment by Type:
Liquid Cooling and Heating
Air Cooling and Heating
Global Passenger Vehicle Battery Thermal Management System market, by Application
PHEV
BEV
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Passenger Vehicle Battery Thermal Management System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Passenger Vehicle Battery Thermal Management System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Automotive Battery Thermal Management System is a system controlling the cooling and pre-heating of battery used in electric and hybrid vehicles. Automotive Battery Thermal Management System is part of the automotive thermal management system. It ensures batteries operate within a certain temperature range, will be crucial to helping electric cars drive greater distances for a longer period of time. The major parts of automotive battery thermal management system are Cooling plate, battery cooler, electronic water pump and electronic expansion valve. Most of these parts are produced by the system suppliers.
The global Passenger Vehicle Battery Thermal Management System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Passenger Vehicle Battery Thermal Management System in various end use industries. The expanding demands from the PHEV and BEV, are propelling Passenger Vehicle Battery Thermal Management System market. Liquid Cooling and Heating, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Air Cooling and Heating segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Passenger Vehicle Battery Thermal Management System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Passenger Vehicle Battery Thermal Management System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Passenger Vehicle Battery Thermal Management System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Passenger Vehicle Battery Thermal Management System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Passenger Vehicle Battery Thermal Management System covered in this report include Mahle, Valeo, Hanon Systems, Gentherm, Dana and Grayson, etc.
The global Passenger Vehicle Battery Thermal Management System market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Mahle
Valeo
Hanon Systems
Gentherm
Dana
Grayson
Global Passenger Vehicle Battery Thermal Management System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Passenger Vehicle Battery Thermal Management System market, Segment by Type:
Liquid Cooling and Heating
Air Cooling and Heating
Global Passenger Vehicle Battery Thermal Management System market, by Application
PHEV
BEV
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Passenger Vehicle Battery Thermal Management System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Passenger Vehicle Battery Thermal Management System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Passenger Vehicle Battery Thermal Management System Market Overview
1.1 Passenger Vehicle Battery Thermal Management System Product Overview
1.2 Passenger Vehicle Battery Thermal Management System Market Segment by Type
1.2.1 Liquid Cooling and Heating
1.2.2 Air Cooling and Heating
1.3 Global Passenger Vehicle Battery Thermal Management System Market Size by Type
1.3.1 Global Passenger Vehicle Battery Thermal Management System Market Size Overview by Type (2018-2029)
1.3.2 Global Passenger Vehicle Battery Thermal Management System Historic Market Size Review by Type (2018-2023)
1.3.3 Global Passenger Vehicle Battery Thermal Management System Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Passenger Vehicle Battery Thermal Management System Sales Breakdown by Type (2018-2023)
1.4.2 Europe Passenger Vehicle Battery Thermal Management System Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Passenger Vehicle Battery Thermal Management System Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Passenger Vehicle Battery Thermal Management System Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Passenger Vehicle Battery Thermal Management System Sales Breakdown by Type (2018-2023)
2 Global Passenger Vehicle Battery Thermal Management System Market Competition by Company
2.1 Global Top Players by Passenger Vehicle Battery Thermal Management System Sales (2018-2023)
2.2 Global Top Players by Passenger Vehicle Battery Thermal Management System Revenue (2018-2023)
2.3 Global Top Players by Passenger Vehicle Battery Thermal Management System Price (2018-2023)
2.4 Global Top Manufacturers Passenger Vehicle Battery Thermal Management System Manufacturing Base Distribution, Sales Area, Product Type
2.5 Passenger Vehicle Battery Thermal Management System Market Competitive Situation and Trends
2.5.1 Passenger Vehicle Battery Thermal Management System Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Passenger Vehicle Battery Thermal Management System Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Passenger Vehicle Battery Thermal Management System as of 2022)
2.7 Date of Key Manufacturers Enter into Passenger Vehicle Battery Thermal Management System Market
2.8 Key Manufacturers Passenger Vehicle Battery Thermal Management System Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Passenger Vehicle Battery Thermal Management System Status and Outlook by Region
3.1 Global Passenger Vehicle Battery Thermal Management System Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Passenger Vehicle Battery Thermal Management System Historic Market Size by Region
3.2.1 Global Passenger Vehicle Battery Thermal Management System Sales in Volume by Region (2018-2023)
3.2.2 Global Passenger Vehicle Battery Thermal Management System Sales in Value by Region (2018-2023)
3.2.3 Global Passenger Vehicle Battery Thermal Management System Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Passenger Vehicle Battery Thermal Management System Forecasted Market Size by Region
3.3.1 Global Passenger Vehicle Battery Thermal Management System Sales in Volume by Region (2024-2029)
3.3.2 Global Passenger Vehicle Battery Thermal Management System Sales in Value by Region (2024-2029)
3.3.3 Global Passenger Vehicle Battery Thermal Management System Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Passenger Vehicle Battery Thermal Management System by Application
4.1 Passenger Vehicle Battery Thermal Management System Market Segment by Application
4.1.1 PHEV
4.1.2 BEV
4.2 Global Passenger Vehicle Battery Thermal Management System Market Size by Application
4.2.1 Global Passenger Vehicle Battery Thermal Management System Market Size Overview by Application (2018-2029)
4.2.2 Global Passenger Vehicle Battery Thermal Management System Historic Market Size Review by Application (2018-2023)
4.2.3 Global Passenger Vehicle Battery Thermal Management System Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Passenger Vehicle Battery Thermal Management System Sales Breakdown by Application (2018-2023)
4.3.2 Europe Passenger Vehicle Battery Thermal Management System Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Passenger Vehicle Battery Thermal Management System Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Passenger Vehicle Battery Thermal Management System Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Passenger Vehicle Battery Thermal Management System Sales Breakdown by Application (2018-2023)
5 North America Passenger Vehicle Battery Thermal Management System by Country
5.1 North America Passenger Vehicle Battery Thermal Management System Historic Market Size by Country
5.1.1 North America Passenger Vehicle Battery Thermal Management System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Passenger Vehicle Battery Thermal Management System Sales in Volume by Country (2018-2023)
5.1.3 North America Passenger Vehicle Battery Thermal Management System Sales in Value by Country (2018-2023)
5.2 North America Passenger Vehicle Battery Thermal Management System Forecasted Market Size by Country
5.2.1 North America Passenger Vehicle Battery Thermal Management System Sales in Volume by Country (2024-2029)
5.2.2 North America Passenger Vehicle Battery Thermal Management System Sales in Value by Country (2024-2029)
6 Europe Passenger Vehicle Battery Thermal Management System by Country
6.1 Europe Passenger Vehicle Battery Thermal Management System Historic Market Size by Country
6.1.1 Europe Passenger Vehicle Battery Thermal Management System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Passenger Vehicle Battery Thermal Management System Sales in Volume by Country (2018-2023)
6.1.3 Europe Passenger Vehicle Battery Thermal Management System Sales in Value by Country (2018-2023)
6.2 Europe Passenger Vehicle Battery Thermal Management System Forecasted Market Size by Country
6.2.1 Europe Passenger Vehicle Battery Thermal Management System Sales in Volume by Country (2024-2029)
6.2.2 Europe Passenger Vehicle Battery Thermal Management System Sales in Value by Country (2024-2029)
7 Asia-Pacific Passenger Vehicle Battery Thermal Management System by Region
7.1 Asia-Pacific Passenger Vehicle Battery Thermal Management System Historic Market Size by Region
7.1.1 Asia-Pacific Passenger Vehicle Battery Thermal Management System Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Passenger Vehicle Battery Thermal Management System Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Passenger Vehicle Battery Thermal Management System Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Passenger Vehicle Battery Thermal Management System Forecasted Market Size by Region
7.2.1 Asia-Pacific Passenger Vehicle Battery Thermal Management System Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Passenger Vehicle Battery Thermal Management System Sales in Value by Region (2024-2029)
8 Latin America Passenger Vehicle Battery Thermal Management System by Country
8.1 Latin America Passenger Vehicle Battery Thermal Management System Historic Market Size by Country
8.1.1 Latin America Passenger Vehicle Battery Thermal Management System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Passenger Vehicle Battery Thermal Management System Sales in Volume by Country (2018-2023)
8.1.3 Latin America Passenger Vehicle Battery Thermal Management System Sales in Value by Country (2018-2023)
8.2 Latin America Passenger Vehicle Battery Thermal Management System Forecasted Market Size by Country
8.2.1 Latin America Passenger Vehicle Battery Thermal Management System Sales in Volume by Country (2024-2029)
8.2.2 Latin America Passenger Vehicle Battery Thermal Management System Sales in Value by Country (2024-2029)
9 Middle East and Africa Passenger Vehicle Battery Thermal Management System by Country
9.1 Middle East and Africa Passenger Vehicle Battery Thermal Management System Historic Market Size by Country
9.1.1 Middle East and Africa Passenger Vehicle Battery Thermal Management System Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Passenger Vehicle Battery Thermal Management System Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Passenger Vehicle Battery Thermal Management System Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Passenger Vehicle Battery Thermal Management System Forecasted Market Size by Country
9.2.1 Middle East and Africa Passenger Vehicle Battery Thermal Management System Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Passenger Vehicle Battery Thermal Management System Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Mahle
10.1.1 Mahle Company Information
10.1.2 Mahle Introduction and Business Overview
10.1.3 Mahle Passenger Vehicle Battery Thermal Management System Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Mahle Passenger Vehicle Battery Thermal Management System Products Offered
10.1.5 Mahle Recent Development
10.2 Valeo
10.2.1 Valeo Company Information
10.2.2 Valeo Introduction and Business Overview
10.2.3 Valeo Passenger Vehicle Battery Thermal Management System Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Valeo Passenger Vehicle Battery Thermal Management System Products Offered
10.2.5 Valeo Recent Development
10.3 Hanon Systems
10.3.1 Hanon Systems Company Information
10.3.2 Hanon Systems Introduction and Business Overview
10.3.3 Hanon Systems Passenger Vehicle Battery Thermal Management System Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hanon Systems Passenger Vehicle Battery Thermal Management System Products Offered
10.3.5 Hanon Systems Recent Development
10.4 Gentherm
10.4.1 Gentherm Company Information
10.4.2 Gentherm Introduction and Business Overview
10.4.3 Gentherm Passenger Vehicle Battery Thermal Management System Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Gentherm Passenger Vehicle Battery Thermal Management System Products Offered
10.4.5 Gentherm Recent Development
10.5 Dana
10.5.1 Dana Company Information
10.5.2 Dana Introduction and Business Overview
10.5.3 Dana Passenger Vehicle Battery Thermal Management System Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Dana Passenger Vehicle Battery Thermal Management System Products Offered
10.5.5 Dana Recent Development
10.6 Grayson
10.6.1 Grayson Company Information
10.6.2 Grayson Introduction and Business Overview
10.6.3 Grayson Passenger Vehicle Battery Thermal Management System Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Grayson Passenger Vehicle Battery Thermal Management System Products Offered
10.6.5 Grayson Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Passenger Vehicle Battery Thermal Management System Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Passenger Vehicle Battery Thermal Management System Industrial Chain Analysis
11.4 Passenger Vehicle Battery Thermal Management System Market Dynamics
11.4.1 Passenger Vehicle Battery Thermal Management System Industry Trends
11.4.2 Passenger Vehicle Battery Thermal Management System Market Drivers
11.4.3 Passenger Vehicle Battery Thermal Management System Market Challenges
11.4.4 Passenger Vehicle Battery Thermal Management System Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Passenger Vehicle Battery Thermal Management System Distributors
12.3 Passenger Vehicle Battery Thermal Management System Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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