Global Electric Vehicle Battery Thermal Management System (EV BTMS) Market 2023-2027

Description

List of Tables

Technavio has been monitoring the electric vehicle battery thermal management system (EV BTMS) market and is forecast to grow by USD 17,527.94 mn during 2022-2027, accelerating at a CAGR of 31.68% during the forecast period. Our report on the electric vehicle battery thermal management system (EV BTMS) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for EVs and their expanded applications, new cooling method for EV BTMS: DX, and EV BTMS surges lithium-ion battery performance improving range of EVs.

Technavio's electric vehicle battery thermal management system (EV BTMS) market is segmented as below:

By Battery Type

Li-ion
Lead-acid
Others

By Vehicle Type

Passenger vehicle
Commercial vehicle

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the advances in thermal management technology: PCM and GIHP as one of the prime reasons driving the electric vehicle battery thermal management system (EV BTMS) market growth during the next few years. Also, high-density, high-power, small-sized lithium-ion batteries and increasing use of software and sensors for intelligent BMS will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the electric vehicle battery thermal management system (EV BTMS) market covers the following areas:

Electric vehicle battery thermal management system (EV BTMS) market sizing
Electric vehicle battery thermal management system (EV BTMS) market forecast
Electric vehicle battery thermal management system (EV BTMS) market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle battery thermal management system (EV BTMS) market vendors that include BMS Powersafe, Dana Inc., Dober, DuPont de Nemours Inc., Eberspacher Gruppe GmbH and Co.KG, Ewert Energy Systems Inc., Exponential Power Inc., Gentherm Inc., Hanon Systems, Infineon Technologies AG, Leclanche SA, Lithium Balance AS, MAHLE GmbH, Renesas Electronics Corp., Robert Bosch GmbH, STMicroelectronics NV, Texas Instruments Inc., Turntide Technologies Inc., Valeo SA, and VOSS Automotive GmbH. Also, the electric vehicle battery thermal management system (EV BTMS) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR43336

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Battery Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global Electric Vehicle Battery Thermal Management System (EV BTMS) market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global Electric Vehicle Battery Thermal Management System (EV BTMS) market 2017 - 2021 ($ million)
4.2 Battery type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Battery type Segment 2017 - 2021 ($ million)
4.3 Vehicle type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Vehicle type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Battery Type

6.1 Market segments
Exhibit 30: Chart on Battery Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Battery Type - Market share 2022-2027 (%)
6.2 Comparison by Battery Type
Exhibit 32: Chart on Comparison by Battery Type
Exhibit 33: Data Table on Comparison by Battery Type
6.3 Li-ion - Market size and forecast 2022-2027
Exhibit 34: Chart on Li-ion - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Li-ion - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Li-ion - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Li-ion - Year-over-year growth 2022-2027 (%)
6.4 Lead-acid - Market size and forecast 2022-2027
Exhibit 38: Chart on Lead-acid - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Lead-acid - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Lead-acid - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Lead-acid - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Battery Type
Exhibit 46: Market opportunity by Battery Type ($ million)
Exhibit 47: Data Table on Market opportunity by Battery Type ($ million)

7 Market Segmentation by Vehicle Type

7.1 Market segments
Exhibit 48: Chart on Vehicle Type - Market share 2022-2027 (%)
Exhibit 49: Data Table on Vehicle Type - Market share 2022-2027 (%)
7.2 Comparison by Vehicle Type
Exhibit 50: Chart on Comparison by Vehicle Type
Exhibit 51: Data Table on Comparison by Vehicle Type
7.3 Passenger vehicle - Market size and forecast 2022-2027
Exhibit 52: Chart on Passenger vehicle - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Passenger vehicle - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Passenger vehicle - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Passenger vehicle - Year-over-year growth 2022-2027 (%)
7.4 Commercial vehicle - Market size and forecast 2022-2027
Exhibit 56: Chart on Commercial vehicle - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Commercial vehicle - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Commercial vehicle - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Commercial vehicle - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Vehicle Type
Exhibit 60: Market opportunity by Vehicle Type ($ million)
Exhibit 61: Data Table on Market opportunity by Vehicle Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 US - Market size and forecast 2022-2027
Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
9.10 Japan - Market size and forecast 2022-2027
Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 South Korea - Market size and forecast 2022-2027
Exhibit 103: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on South Korea - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ million)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Dana Inc.
Exhibit 115: Dana Inc. - Overview
Exhibit 116: Dana Inc. - Business segments
Exhibit 117: Dana Inc. - Key news
Exhibit 118: Dana Inc. - Key offerings
Exhibit 119: Dana Inc. - Segment focus
12.4 Dober
Exhibit 120: Dober - Overview
Exhibit 121: Dober - Product / Service
Exhibit 122: Dober - Key offerings
12.5 DuPont de Nemours Inc.
Exhibit 123: DuPont de Nemours Inc. - Overview
Exhibit 124: DuPont de Nemours Inc. - Business segments
Exhibit 125: DuPont de Nemours Inc. - Key news
Exhibit 126: DuPont de Nemours Inc. - Key offerings
Exhibit 127: DuPont de Nemours Inc. - Segment focus
12.6 Eberspacher Gruppe GmbH and Co.KG
Exhibit 128: Eberspacher Gruppe GmbH and Co.KG - Overview
Exhibit 129: Eberspacher Gruppe GmbH and Co.KG - Business segments
Exhibit 130: Eberspacher Gruppe GmbH and Co.KG - Key offerings
Exhibit 131: Eberspacher Gruppe GmbH and Co.KG - Segment focus
12.7 Gentherm Inc.
Exhibit 132: Gentherm Inc. - Overview
Exhibit 133: Gentherm Inc. - Business segments
Exhibit 134: Gentherm Inc. - Key news
Exhibit 135: Gentherm Inc. - Key offerings
Exhibit 136: Gentherm Inc. - Segment focus
12.8 Hanon Systems
Exhibit 137: Hanon Systems - Overview
Exhibit 138: Hanon Systems - Business segments
Exhibit 139: Hanon Systems - Key offerings
Exhibit 140: Hanon Systems - Segment focus
12.9 Infineon Technologies AG
Exhibit 141: Infineon Technologies AG - Overview
Exhibit 142: Infineon Technologies AG - Business segments
Exhibit 143: Infineon Technologies AG - Key news
Exhibit 144: Infineon Technologies AG - Key offerings
Exhibit 145: Infineon Technologies AG - Segment focus
12.10 Leclanche SA
Exhibit 146: Leclanche SA - Overview
Exhibit 147: Leclanche SA - Business segments
Exhibit 148: Leclanche SA - Key offerings
Exhibit 149: Leclanche SA - Segment focus
12.11 MAHLE GmbH
Exhibit 150: MAHLE GmbH - Overview
Exhibit 151: MAHLE GmbH - Business segments
Exhibit 152: MAHLE GmbH - Key news
Exhibit 153: MAHLE GmbH - Key offerings
Exhibit 154: MAHLE GmbH - Segment focus
12.12 Renesas Electronics Corp.
Exhibit 155: Renesas Electronics Corp. - Overview
Exhibit 156: Renesas Electronics Corp. - Business segments
Exhibit 157: Renesas Electronics Corp. - Key offerings
Exhibit 158: Renesas Electronics Corp. - Segment focus
12.13 Robert Bosch GmbH
Exhibit 159: Robert Bosch GmbH - Overview
Exhibit 160: Robert Bosch GmbH - Business segments
Exhibit 161: Robert Bosch GmbH - Key news
Exhibit 162: Robert Bosch GmbH - Key offerings
Exhibit 163: Robert Bosch GmbH - Segment focus
12.14 STMicroelectronics NV
Exhibit 164: STMicroelectronics NV - Overview
Exhibit 165: STMicroelectronics NV - Business segments
Exhibit 166: STMicroelectronics NV - Key news
Exhibit 167: STMicroelectronics NV - Key offerings
Exhibit 168: STMicroelectronics NV - Segment focus
12.15 Texas Instruments Inc.
Exhibit 169: Texas Instruments Inc. - Overview
Exhibit 170: Texas Instruments Inc. - Business segments
Exhibit 171: Texas Instruments Inc. - Key news
Exhibit 172: Texas Instruments Inc. - Key offerings
Exhibit 173: Texas Instruments Inc. - Segment focus
12.16 Valeo SA
Exhibit 174: Valeo SA - Overview
Exhibit 175: Valeo SA - Business segments
Exhibit 176: Valeo SA - Key news
Exhibit 177: Valeo SA - Key offerings
Exhibit 178: Valeo SA - Segment focus
12.17 VOSS Automotive GmbH
Exhibit 179: VOSS Automotive GmbH - Overview
Exhibit 180: VOSS Automotive GmbH - Product / Service
Exhibit 181: VOSS Automotive GmbH - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 182: Inclusions checklist
Exhibit 183: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 184: Currency conversion rates for US$
13.4 Research methodology
Exhibit 185: Research methodology
Exhibit 186: Validation techniques employed for market sizing
Exhibit 187: Information sources
13.5 List of abbreviations
Exhibit 188: List of abbreviations