Europe Electric Vehicle Thermal Management System Market Size study, by Vehicle Type By Technology By Propulsion Type By Application and Country Forecast 2022-2032

Description

List of Tables

Europe Electric Vehicle Thermal Management System Market is valued approximately USD 630 million in 2023 and is anticipated to grow with a healthy growth rate of more than 24.42% over the forecast period 2024-2032. The Electric Vehicle Thermal Management System is a critical component that regulates and manages the temperature of numerous vehicle components, including the battery pack, electric motor, power electronics, and cabin comfort. These systems assist in maintaining appropriate operating temperatures for the battery pack, ensuring its efficiency, longevity, and safety. Furthermore, rising demand for a thermal cooling solution are gaining attention towards Europe Electric Vehicle Thermal Management System Market. Thermal cooling solutions are critical for maintaining the optimal operating temperature of electric vehicle battery packs. Efficient cooling helps to mitigate heat buildup during charging and discharging cycles, which can degrade battery performance and shorten its lifespan.

The Europe Electric Vehicle Thermal Management System Market is driven by growing number of subsidies by the government for electric vehicles and increasing demand for electric vehicle across the region. Subsidies help drive market penetration of electric vehicles by making them more accessible to a broader segment of the population. This increased adoption of electric vehicles leads to a larger installed base of EVs on the roads, creating a greater demand for EV-TMS systems to ensure the optimal performance, efficiency, and safety of these vehicles. In addition, government subsidies for electric vehicles often come with additional support measures, such as funding for charging infrastructure development, research grants for EV technology advancements, and regulatory incentives for clean transportation. However, high cost of electric vehicle thermal management system and lack of technical expertise is expected to impede the overall demand for the market during the forecast period 2024-2032.

The key countries considered for the Europe Electric Vehicle Thermal Management System market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest regional market in terms of revenue owing to factors such as high adoption of electric vehicles across the region. Efficient thermal management enhances the overall efficiency of the electric vehicle. By maintaining optimal operating temperatures for various components such as the battery, motor, and power electronics, electric vehicle thermal management system improves overall vehicle performance and energy economy. Furthermore, the market in UK, on the other hand, is expected to develop at the fastest rate over the forecast period.

Major market player included in this report are:

Robert Bosch GmbH
Mahle GmbH
Valeo S.A.
VOSS Automotive GmbH
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Vehicle Type

Passenger Vehicles
Commercial Vehicles
Two-Wheeler And Three Wheeler

By Technology

Liquid Cooling and Heating
Air Cooling and Heating
Other Technologies

By Propulsion Type

Battery Electric Vehicle
Hybrid Electric Vehicle
Plug in Hybrid Electric Vehicle
Fuel Cell Electric Vehicle

By Application

Engine Cooling
Air Conditioning System
Electric Vehicle Battery Thermal System
Transmission System

By Region:

Europe
UK
Germany
France
Spain
Italy
ROE

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Europe Electric Vehicle Thermal Management System Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Europe Electric Vehicle Thermal Management System Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Vehicle Type
- 2.3.2. By Technology
- 2.3.3. By Propulsion Type
- 2.3.4. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Europe Electric Vehicle Thermal Management System Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Europe Electric Vehicle Thermal Management System Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Europe Electric Vehicle Thermal Management System Market Size & Forecasts by Vehicle Type 2022-2032

5.1. Passenger Vehicles
5.2. Commercial Vehicles
5.3. Two-Wheeler And Three Wheeler

Chapter 6. Europe Electric Vehicle Thermal Management System Market Size & Forecasts by Technology 2022-2032

6.1. Liquid Cooling and Heating
6.2. Air Cooling and Heating
6.3. Other Technologies

Chapter 7. Europe Electric Vehicle Thermal Management System Market Size & Forecasts by Propulsion Type 2022-2032

7.1. Battery Electric Vehicle
7.2. Hybrid Electric Vehicle
7.3. Plug in Hybrid Electric Vehicle
7.4. Fuel Cell Electric Vehicle

Chapter 8. Europe Electric Vehicle Thermal Management System Market Size & Forecasts by Application 2022-2032

8.1. Engine Cooling
8.2. Air Conditioning System
8.3. Electric Vehicle Battery Thermal System
8.4. Transmission System

Chapter 9. Europe Electric Vehicle Thermal Management System Market Size & Forecasts by Country 2022-2032

9.1. U.K. Electric Vehicle Thermal Management System Market
- 9.1.1. Vehicle Type breakdown size & forecasts, 2022-2032
- 9.1.2. Technology breakdown size & forecasts, 2022-2032
- 9.1.3. Propulsion Type breakdown size & forecasts, 2022-2032
- 9.1.4. Application breakdown size & forecasts, 2022-2032
9.2. Germany Electric Vehicle Thermal Management System Market
9.3. France Electric Vehicle Thermal Management System Market
9.4. Spain Electric Vehicle Thermal Management System Market
9.5. Italy Electric Vehicle Thermal Management System Market
9.6. Rest of Europe Electric Vehicle Thermal Management System Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Robert Bosch GmbH
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Mahle GmbH
- 10.3.3. Valeo S.A.
- 10.3.4. VOSS Automotive GmbH

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes

LIST OF TABLES

TABLE 1. Europe Electric Vehicle Thermal Management System market, report scope
TABLE 2. Europe Electric Vehicle Thermal Management System market estimates & forecasts by Country 2022-2032 (USD Million)
TABLE 3. Europe Electric Vehicle Thermal Management System market estimates & forecasts by Vehicle Type 2022-2032 (USD Million)
TABLE 4. Europe Electric Vehicle Thermal Management System market estimates & forecasts by Technology 2022-2032 (USD Million)
TABLE 5. Europe Electric Vehicle Thermal Management System market estimates & forecasts by Propulsion Type 2022-2032 (USD Million)
TABLE 6. Europe Electric Vehicle Thermal Management System market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 7. Europe Electric Vehicle Thermal Management System market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Europe Electric Vehicle Thermal Management System market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Europe Electric Vehicle Thermal Management System market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Europe Electric Vehicle Thermal Management System market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Europe Electric Vehicle Thermal Management System market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Europe Electric Vehicle Thermal Management System market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Europe Electric Vehicle Thermal Management System market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Europe Electric Vehicle Thermal Management System market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. Europe Electric Vehicle Thermal Management System market by segment, estimates & forecasts, 2022-2032 (USD Million) Europe Electric Vehicle Thermal Management System market by country, estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. UK Electric Vehicle Thermal Management System market estimates & forecasts, 2022-2032 (USD Million)
TABLE 17. UK Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. UK Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 19. Germany Electric Vehicle Thermal Management System market estimates & forecasts, 2022-2032 (USD Million)
TABLE 20. Germany Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. Germany Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 22. France Electric Vehicle Thermal Management System market estimates & forecasts, 2022-2032 (USD Million)
TABLE 23. France Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. France Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 25. Italy Electric Vehicle Thermal Management System market estimates & forecasts, 2022-2032 (USD Million)
TABLE 26. Italy Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. Italy Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 28. Spain Electric Vehicle Thermal Management System market estimates & forecasts, 2022-2032 (USD Million)
TABLE 29. Spain Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30. Spain Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 31. RoE Electric Vehicle Thermal Management System market estimates & forecasts, 2022-2032 (USD Million)
TABLE 32. RoE Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. RoE Electric Vehicle Thermal Management System market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 34. List of secondary sources, used in the study of Europe Electric Vehicle Thermal Management System Market.
TABLE 35. List of primary sources, used in the study of Europe Electric Vehicle Thermal Management System Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered.

LIST OF FIGURES

FIG 1. Europe Electric Vehicle Thermal Management System market, research methodology
FIG 2. Europe Electric Vehicle Thermal Management System market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Electric Vehicle Thermal Management System market, key trends 2023
FIG 5. Europe Electric Vehicle Thermal Management System market, growth prospects 2022-2032
FIG 6. Europe Electric Vehicle Thermal Management System market, porters 5 force model
FIG 7. Europe Electric Vehicle Thermal Management System market, pestel analysis
FIG 8. Europe Electric Vehicle Thermal Management System market, value chain analysis
FIG 9. Europe Electric Vehicle Thermal Management System market by segment, 2022 & 2032 (USD Million)
FIG 10. Europe Electric Vehicle Thermal Management System market by segment, 2022 & 2032 (USD Million)
FIG 11. Europe Electric Vehicle Thermal Management System market by segment, 2022 & 2032 (USD Million)
FIG 12. Europe Electric Vehicle Thermal Management System market by segment, 2022 & 2032 (USD Million)
FIG 13. Europe Electric Vehicle Thermal Management System market by segment, 2022 & 2032 (USD Million)
FIG 14. Europe Electric Vehicle Thermal Management System market, Country snapshot 2022 & 2032
FIG 15. Europe Electric Vehicle Thermal Management System market 2022 & 2032 (USD Million)
FIG 16. Europe Electric Vehicle Thermal Management System market, company market share analysis (2023)