Report Overview:
Electric Vehicle (EV) Battery Thermal Management Systems refer to technologies and systems designed to maintain the optimal temperature range of EV batteries. These systems ensure the efficient functioning, safety, and longevity of batteries by regulating their temperature during charging, discharging, and storage. They play a crucial role in preventing overheating or excessive cooling, which can affect battery performance and life.
Market Value:
The global EV Battery Thermal Management Systems market was valued at US$ 5.82 billion in 2024 and is projected to grow at a robust CAGR of 18.6% to reach US$ 16.1 billion by 2030.
The United States, a significant player in this market, recorded a valuation of US$ 1.62 billion in 2024, with expectations to achieve US$ 4.38 billion by 2030, at a CAGR of 18.0% during the forecast period.
By Types:
• Passive Systems: These rely on natural convection or thermal insulation for temperature regulation.
• Active Systems: Advanced systems utilizing liquid cooling, air cooling, or refrigeration for precise thermal management.
By Applications:
Passenger Vehicles
Commercial Vehicles
Key players include:
• 3M
• Dana Inc.
• Gentherm Inc.
• Including or Excluding key companies relevant to your analysis.
