Automotive Battery Thermal Management System Market

Automotive Battery Thermal Management System Market

Global Industry Analysis (2017 - 2020) - Growth Trends and Market Forecast (2021 - 2026)

Published Date: Apr 2021 | Format: | No. of Pages: 230

Industry: Automotive & Transport | Author Name: Chetan

Automotive BTMS Gains Solid Traction Owing to its Critical Functional Role in EVs

There has been rapid increase in the adoption of electric vehicles (EVs) over the past decade. Batteries of EVs are designed to work efficiently but the operating performance of batteries might face some limitations such as efficiency, lifespan, and cost. Automotive battery thermal management system (BTMS) thus plays an important role in EVs. These systems manage batteries in multiple ways such as protecting the battery from external environmental factors and controlling the thermal nature of these batteries.

Attributing to their critical function in EVs, the global automotive battery thermal management system market is pegged to witness robust demand over the course of near future. Up from the market size of US$666 Mn recorded in 2020, global sales in the automotive battery thermal management systems market will excel at an impressive CAGR of nearly 36% over the forecast period (2021 - 2026). Soaring demand for high-performance, fuel-efficient vehicles in line with favourable government initiatives such as the California Zero Emission Vehicle Program (ZEV) aims at achieving 1.5 million ZEV cars by the year 2025 will favour the growth of market.

Sales in Automotive Battery Thermal Management System Market Accelerate with Pro-EV Regulatory Frameworks

Governments of various countries have adopted rigorous strategies to increase EV adoption. For instance, in the year 2013, the Chinese government first started to provide a subsidy ranging from RMB 4,000 to RMB 35,000 for every plug-in hybrid electric vehicle (PHEV) purchased and a subsidy ranging from RMB 35,000 to RMB 60,000 for every battery electric vehicle (BEV) on the basis of every vehicle’s driving range. The subsidies decreased by 5% in the year 2014 and by 10% in the year 2015. Such subsidies and supportive regulations in several other countries continue to encourage EV sales, thereby augmenting the global automotive battery thermal management system market.

Design Complications Dampen Demand in Automotive Battery Thermal Management System Market

The thermal components face issues such as verifying thermal designs of components, designing the optimal flow channels, lower power requirements, and reducing the overall vehicle weight and cost. Even an increase in temperature caused by high power is hazardous for it and may lead to short circuits or fires. Such complexities in fundamental designing of automotive battery thermal management systems continue to act as longstanding barriers to rapid growth of global automotive battery thermal management system market.

Phase-out of ICE Vehicles Creates Opportunity for Automotive Battery Thermal Management System Market Players

Nearly 13 countries in the world, including Norway, the UK, Canada, and the Netherlands, have officially declared a phase-out for conventional internal combustion engine (ICE) vehicles to come in effect within the next few years. California will be the first from the US to ban new ICE vehicle sales soon. Such strong developments are creating a lucrative revenue generation opportunity for multiple stakeholders in the electric vehicle space such as EV makers, OEMs, battery and battery technology companies, and automotive BTMS manufacturers.

Asia Pacific Leads Automotive Battery Thermal Management System Market Primarily on Back of Favourable Government Initiatives

Asia Pacific houses the largest automotive thermal battery management system market as it accounted for more than 60% of the global market revenue in 2020. Some of the fast- developing economies, including China, Japan, India, and South Korea have become major hubs for automobile production companies. An increase in the demand for EVs in the Asia Pacific region over the recent past will play a positive role in determining the share of automotive battery thermal management system market.

For instance, Japanese companies such as Mitsubishi and Chinese companies such as BAIC Motor Corp. have been investing huge amount of money in EVs. Asia Pacific is followed by North America and Europe owing to exponentially increasing demand for alternative fuel vehicles, which ultimately forms a fertile ground for the progress of automotive thermal battery management system market.

Passenger Vehicles Will Continue to Register Maximum Uptake

Owing to an unprecedentedly expanding market for EVs and alternative fuel vehicles, such as hydrogen vehicles, bio-diesel vehicles, and propane vehicles, passenger vehicles continue to represent the largest segment accounting for sales of automotive battery thermal management systems. Passenger vehicle manufacturers are particularly expected to enjoy flourishing sales in the immediate future as people are showing greater preference for private conveyance over public transport. Even those who currently do not own a car are also considering new purchase. Given this scenario, there are strong indications that EVs will gain preference among new buyers rather than conventional fuel vehicles. This, in turn, will mark another selling opportunity for automotive BTMS companies.

Contracts and Partnerships Drive Competition in Automotive Battery Thermal Management System Market

The market is dominated by companies such as MAHLE GmbH, VOSS Automotive GmbH, Dana Limited, Continental AG, LG Chem, Robert Bosch GmbH. These companies have increased their market shares by adopting various strategies, which include contracts, agreements, and establishment of new production plants. In October 2015, LG Chem and Tesla Motors signed a contract for upgrading Roadster, the company car, with battery improvement and replacement. With the help of this contract, the former experienced boosted demand.

In November 2015, Gentherm Incorporated expanded its production by opening a new manufacturing plant in Mexico, wherein the production of seat comfort and industrial products was the focal area of the company. Similarly, in December 2015, LG Chem supplied EV batteries which powered Chevrolet Bolt. Thus, the companies entered a partnership to supply Chevrolet to supply products such as DX cool plate for the Bolt.

Other prominent players steering the global automotive battery thermal management system market are BYD Company Ltd, Contemporary Amperex Technology Co., Limited (CATL), Valeo, Continental AG, Calsonic Kansei Corporation, Gentherm Incorporated, Samsung SDI Co., LTD., Hanon Systems, and Grayson Thermal Systems.

The market faced a heavy setback due to the global COVID-19 pandemic that led to a temporary yet sharp sales decline in electric vehicles. With the industry recovering, the market for thermal battery management systems will also pick up its pace in the near future.

1. Executive Summary
     1.1. Global Automotive Battery Thermal Management System Market : Snapshot
     1.2. Future Projections, 2017 - 2026, (US$ Mn) 
     1.3. Key Segment Analysis and Competitive Insights
     1.4. Premium Insights

2. Automotive Battery Thermal Management System Market Outlook
     2.1. Market Definitions and Segmentation
     2.2. Market Dynamics
            2.2.1. Driver
            2.2.2. Restraint
            2.2.3. Industry Challenges & Opportunities
     2.3. Market Forces Analysis 
            2.3.1. Value Chain Analysis
            2.3.2. Porters Five Forces Analysis
            2.3.3. SWOT Analysis 
     2.4. Impact Analysis
            2.4.1. Pre and Post Covid-19 Analysis
            2.4.2. Economic Indicators (GDP Per Capita, BREXIT Analysis, etc.) 
            2.4.3. Vehicle Electrification
            2.4.4. Parent Industry Trends

3. Global Automotive Battery Thermal Management System Market Outlook, 2017 - 2026
     3.1. Global Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 – 2026, (US$ Mn)
            3.1.1. Key Highlights
                   3.1.1.1. Market Growth & Projections (Y-o-Y)
                   3.1.1.2. Market Share Analysis, By System Type, 2019 & 2026
            3.1.2. Active System
            3.1.3. Passive System
            3.1.4. Market Attractiveness Analysis, By System Type
     3.2. Global Automotive Battery Thermal Management System Market Value Forecast, by Vehicle Type, 2017 – 2026, (US$ Mn)
            3.2.1. Key Highlights
                   3.2.1.1. Market Growth & Projections (Y-o-Y)
                   3.2.1.2. Market Share Analysis, By Vehicle Type, 2019 & 2026
            3.2.2. Passenger Vehicle
            3.2.3. Commercial Vehicle
            3.2.4. Market Attractiveness Analysis, By Vehicle Type
     3.3. Global Automotive Battery Thermal Management System Market Value Forecast, by Technology, 2017 – 2026, (US$ Mn)
            3.3.1. Key Highlights
                   3.3.1.1. Market Growth & Projections (Y-o-Y)
                   3.3.1.2. Market Share Analysis, By Technology, 2019 & 2026
            3.3.2. Phase Change Material (PCM)
            3.3.3. Liquid Cooling & Heating
            3.3.4. Air Cooling & Heating
            3.3.5. Market Attractiveness Analysis, By Technology
     3.4. Global Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 – 2026, (US$ Mn)
            3.4.1. Key Highlights
                   3.4.1.1. Market Growth & Projections (Y-o-Y)
                   3.4.1.2. Market Share Analysis, By Battery Capacity, 2019 & 2026
            3.4.2. 12V
            3.4.3. 14V
            3.4.4. 24V 
            3.4.5. 48V
            3.4.6. Market Attractiveness Analysis, by Battery Capacity
     3.5. Global Automotive Battery Thermal Management System Market Value Forecast, Battery Type, 2017 – 2026, (US$ Mn)
            3.5.1. Key Highlights
                   3.5.1.1. Market Growth & Projections (Y-o-Y)
                   3.5.1.2. Market Share Analysis, By Battery Type, 2019 & 2026
            3.5.2. Solid State
            3.5.3. Conventional
            3.5.4. Market Attractiveness Analysis, by Battery Type
     3.6. Global Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 – 2026, (US$ Mn)
            3.6.1. Key Highlights
                   3.6.1.1. Market Growth & Projections (Y-o-Y)
                   3.6.1.2. Market Share Analysis, By Electric Vehicle Type, 2019 & 2026
            3.6.2. BEV
            3.6.3. PHEV
            3.6.4. HEV
            3.6.5. Market Attractiveness Analysis, by Electric Vehicle Type
     3.7. Global Automotive Battery Thermal Management System Market Outlook, by Region, (US$ Mn), 2017-2026
            3.7.1. Key Highlights
                   3.7.1.1. Market Growth & Projections (Y-o-Y)
                   3.7.1.2. Market Share Analysis, By Region, 2019 & 2026
                   3.7.1.3. North America
                   3.7.1.4. Europe
                   3.7.1.5. Asia Pacific
                   3.7.1.6. Latin America
                   3.7.1.7. Middle East & Africa
            3.7.2. Global Market Attractiveness Analysis, by Region

4. North America Automotive Battery Thermal Management System Market Outlook, 2017-2026
     4.1. North America Market Snapshot
            4.1.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
                   4.1.1.1. Active System
                   4.1.1.2. Passive System
            4.1.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
                   4.1.2.1. Passenger Vehicle
                   4.1.2.2. Commercial Vehicle
            4.1.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn)
                   4.1.3.1. 12V
                   4.1.3.2. 14V
                   4.1.3.3. 24V 
                   4.1.3.4. 48V
            4.1.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
                   4.1.4.1. Phase Change Material (PCM)
                   4.1.4.2. Liquid Cooling & Heating
                   4.1.4.3. Air Cooling & Heating
            4.1.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
                   4.1.5.1. Solid State
                   4.1.5.2. Conventional
            4.1.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
                   4.1.6.1. BEV
                   4.1.6.2. PHEV
                   4.1.6.3. HEV 
     4.2. United States
            4.2.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            4.2.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            4.2.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn)
            4.2.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            4.2.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            4.2.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     4.3. Canada
            4.3.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            4.3.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            4.3.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            4.3.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            4.3.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            4.3.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)

5. Europe Automotive Battery Thermal Management System Market Outlook, 2017-2026
     5.1. European Market Snapshot
            5.1.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
                   5.1.1.1. Active System
                   5.1.1.2. Passive System
            5.1.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
                   5.1.2.1. Passenger Vehicle
                   5.1.2.2. Commercial Vehicle
            5.1.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn)
                   5.1.3.1. 12V
                   5.1.3.2. 14V
                   5.1.3.3. 24V 
                   5.1.3.4. 48V
            5.1.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
                   5.1.4.1. Phase Change Material (PCM)
                   5.1.4.2. Liquid Cooling & Heating
                   5.1.4.3. Air Cooling & Heating
            5.1.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
                   5.1.5.1. Solid State
                   5.1.5.2. Conventional
            5.1.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
                   5.1.6.1. BEV
                   5.1.6.2. PHEV
                   5.1.6.3. HEV
     5.2. Germany
            5.2.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            5.2.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            5.2.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            5.2.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            5.2.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            5.2.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     5.3. France
            5.3.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            5.3.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            5.3.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            5.3.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            5.3.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            5.3.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     5.4. United Kingdom
            5.4.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            5.4.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            5.4.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            5.4.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            5.4.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            5.4.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     5.5. Italy
            5.5.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            5.5.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            5.5.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn)
            5.5.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            5.5.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            5.5.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     5.6. Spain
            5.6.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            5.6.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            5.6.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            5.6.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            5.6.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            5.6.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     5.7. Rest of Europe
            5.7.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            5.7.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            5.7.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            5.7.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            5.7.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            5.7.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)

6. Asia Pacific Automotive Battery Thermal Management System Market Outlook, 2017-2026
     6.1. Asia Pacific Market Snapshot
            6.1.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
                   6.1.1.1. Active System
                   6.1.1.2. Passive System
            6.1.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
                   6.1.2.1. Passenger Vehicle
                   6.1.2.2. Commercial Vehicle
            6.1.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn)
                   6.1.3.1. 12V
                   6.1.3.2. 14V
                   6.1.3.3. 24V 
                   6.1.3.4. 48V
            6.1.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
                   6.1.4.1. Phase Change Material (PCM)
                   6.1.4.2. Liquid Cooling & Heating
                   6.1.4.3. Air Cooling & Heating
            6.1.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
                   6.1.5.1. Solid State
                   6.1.5.2. Conventional
            6.1.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
                   6.1.6.1. BEV
                   6.1.6.2. PHEV
                   6.1.6.3. HEV
     6.2. Japan
            6.2.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            6.2.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            6.2.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            6.2.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            6.2.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            6.2.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     6.3. China
            6.3.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            6.3.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            6.3.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            6.3.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            6.3.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            6.3.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     6.4. India
            6.4.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            6.4.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            6.4.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            6.4.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            6.4.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            6.4.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     6.5. ASEAN
            6.5.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            6.5.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            6.5.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            6.5.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            6.5.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            6.5.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     6.6. Rest of Asia Pacific
            6.6.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            6.6.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            6.6.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            6.6.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            6.6.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            6.6.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)

7. Latin America Automotive Battery Thermal Management System Market Outlook, 2017-2026
     7.1. Latin America Market Snapshot
            7.1.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
                   7.1.1.1. Active System
                   7.1.1.2. Passive System
            7.1.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
                   7.1.2.1. Passenger Vehicle
                   7.1.2.2. Commercial Vehicle
            7.1.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn)
                   7.1.3.1. 12V
                   7.1.3.2. 14V
                   7.1.3.3. 24V 
                   7.1.3.4. 48V
            7.1.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
                   7.1.4.1. Phase Change Material (PCM)
                   7.1.4.2. Liquid Cooling & Heating
                   7.1.4.3. Air Cooling & Heating
            7.1.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
                   7.1.5.1. Solid State
                   7.1.5.2. Conventional
            7.1.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
                   7.1.6.1. BEV
                   7.1.6.2. PHEV
                   7.1.6.3. HEV
     7.2. Brazil
            7.2.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            7.2.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            7.2.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            7.2.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            7.2.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            7.2.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     7.3. Mexico
            7.3.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            7.3.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            7.3.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            7.3.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            7.3.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            7.3.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     7.4. Rest of Latin America
            7.4.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            7.4.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            7.4.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            7.4.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            7.4.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            7.4.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)

8. Middle East & Africa Automotive Battery Thermal Management System Market Outlook, 2017-2026
     8.1. Middle East & Africa Market Snapshot
            8.1.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
                   8.1.1.1. Active System
                   8.1.1.2. Passive System
            8.1.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
                   8.1.2.1. Passenger Vehicle
                   8.1.2.2. Commercial Vehicle
            8.1.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn)
                   8.1.3.1. 12V
                   8.1.3.2. 14V
                   8.1.3.3. 24V 
                   8.1.3.4. 48V
            8.1.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
                   8.1.4.1. Phase Change Material (PCM)
                   8.1.4.2. Liquid Cooling & Heating
                   8.1.4.3. Air Cooling & Heating
            8.1.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
                   8.1.5.1. Solid State
                   8.1.5.2. Conventional
            8.1.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
                   8.1.6.1. BEV
                   8.1.6.2. PHEV
                   8.1.6.3. HEV
     8.2. GCC
            8.2.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            8.2.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            8.2.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            8.2.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            8.2.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            8.2.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     8.3. South Africa
            8.3.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            8.3.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            8.3.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            8.3.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            8.3.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            8.3.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)
     8.4. Rest of Middle East & Africa
            8.4.1. Automotive Battery Thermal Management System Market Value Forecast, By System Type, 2017 - 2026, (US$ Mn)
            8.4.2. Automotive Battery Thermal Management System Market Value Forecast, By Vehicle Type, 2017 - 2026, (US$ Mn)
            8.4.3. Automotive Battery Thermal Management System Market Value Forecast, By Battery Capacity, 2017 - 2026, (US$ Mn) 
            8.4.4. Automotive Battery Thermal Management System Market Value Forecast, By Technology, 2017 - 2026, (US$ Mn)
            8.4.5. Automotive Battery Thermal Management System Market Value Forecast, By Battery Type, 2017 - 2026, (US$ Mn)
            8.4.6. Automotive Battery Thermal Management System Market Value Forecast, By Electric Vehicle Type, 2017 - 2026, (US$ Mn)

9. Competitive Landscape
     9.1. Company Market Share Analysis, 2019
     9.2. Company Profiles 
            9.2.1. A123 Systems LLC
                   9.2.1.1. Company Overview
                   9.2.1.2. Financial Performance
                   9.2.1.3. Manufacturing Footprint
                   9.2.1.4. Strategic Overview
                   9.2.1.5. Key Developments
(*Note: Above details would be available for below list of companies on the basis of availability)
            9.2.2. BYD Company Ltd.
            9.2.3. Contemporary Amperex Technology Co., Limited. (CATL)
            9.2.4. Valeo 
            9.2.5. Continental AG
            9.2.6. LG Chem
            9.2.7. Robert Bosch GmbH
            9.2.8. Calsonic Kansei Corporation
            9.2.9. GENTHERM
            9.2.10. Dana Limited
            9.2.11. MAHLE GmbH
            9.2.12. Samsung SDI Co., LTD.
            9.2.13. Voss Automotive GmbH
            9.2.14. Hanon Systems
            9.2.15. Grayson
(Any other leading players)

10. Appendix
     10.1. Acronyms and Abbreviations
     10.2. Research Scope & Assumptions
     10.3. Research Methodology and Information Sources

BASE YEAR

HISTORICAL DATA

FORECAST PERIOD

UNITS

 

2019

 

2017 - 2020

 

2021 - 2026

Value: US$ Million

 

REPORT FEATURES

DETAILS

System Coverage

  • Active
  • Passive

Technology Coverage

  • Phase Change Material (PCM)
  • Liquid Cooling & Heating
  • Air Cooling & Heating

Battery Capacity Coverage

  • 12V
  • 14V
  • 24V
  • 48V & above

Battery Type Coverage

  • Solid State
  • Conventional

Vehicle Type Coverage

  • Passenger Vehicle
  • Commercial Vehicle

Electric Vehicle Type Coverage

  • BEV
  • PHEV
  • HEV

Geographical Coverage

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Leading Companies

  • BYD Company Ltd.
  • Contemporary Amperex Technology Co., Limited. (CATL)
  • Valeo
  • Continental AG
  • LG Chem
  • Robert Bosch GmbH
  • Calsonic Kansei Corporation
  • Dana Limited
  • MAHLE GmbH
  • Samsung SDI Co., LTD.
  • Others (Grayson, Hanon Systems, GENTHERM, Voss Automotive GmbH)

Report Highlights

Key Market Indicators, Macro- & Microeconomic Impact Analysis, Technological Roadmap, EV/ BREXIT Impact Analysis, Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain), Key Trends

 

FAQ's : Automotive Battery Thermal Management System Market

Rising adoption of the electric vehicles, including hybrid and plug-in hybrid electric vehicles, increased load as well as dependency on batteries owing to stringent emission norms, and comfort and safety systems in the vehicles are bolstering the market.

Global automotive battery thermal management system market is likely to touch US$4252.1 Bn by 2026.

Countries worldwide inclusive of China, U.S., Italy, France, India, U.K, and Japan are enacting stringent regulations and vehicle standards in congruence with vehicle emissions. This in turn is compelling automakers for electrified powertrains - to redefine and induce the internal combustion engines with fuel saving mechanisms aided with electrical systems.

Nearly 40% market share has been retained by major players with diversified business segments.

Fairfield Market Research projects that the global automotive battery thermal management market will register a CAGR 36.2% by 2026.
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