Electric Vehicle Battery Thermal Management System (EV BTMS) Market by Battery Type, Vehicle Type, and Geography - Forecast and Analysis 2023-2027

  • Published: Mar 2023
  • Pages: 175
  • SKU: IRTNTR43336

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Electric Vehicle Battery Thermal Management System (EV BTMS) market growth will increase by $17527.94 million during 2023-2027.
The electric vehicle battery thermal management system (ev btms) market is expected to grow at a CAGR of 31.68% during 2023-2027.
Technavio has segmented the electric vehicle battery thermal management system (ev btms) market by battery type (Li-ion, Lead-acid, and Others) ,vehicle type (Passenger vehicle, Commercial vehicle, APAC, South America, and MEA) , and geography (APAC, North America, Europe, South America, and Middle East and Africa).
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, VOSS Automotive GmbH are a few of the key vendors in the electric vehicle battery thermal management system (ev btms) market.
APAC will register the highest growth rate of 51.54% among the other regions. Therefore, the electric vehicle battery thermal management system (ev btms) market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Japan
  • South Korea
  • Germany
The key factors driving the electric vehicle battery thermal management system (ev btms) market growth are:
  • Increasing demand for EVs and their expanded applications
  • Advances in thermal management technology: PCM and GIHP
The electric vehicle battery thermal management system (ev btms) market vendors should focus on grabbing business opportunities from the Li-ion segment as it accounted for the largest market share in the base year.
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