+1-786-628-7980
Sign Up/Sign In 
Overview of the Automotive Battery Thermal Management Market:
Market Research Future’s report on the global Automotive battery thermal management system industry emphasizes on drivers and challenges to be faced by automakers for the period of 2022 to 2030 (forecast period). Throughout the projected period, the car battery thermal management system market is anticipated to expand at a CAGR of roughly 13.02%. The creation of electric automobiles as a practical alternative to gasoline-powered vehicles may help to meet market demand. The market may benefit from EV and hybrid electric car performance and battery life. For the best driving circumstances, BTMS displays the battery health and calculates the acceleration of EVs.
Battery thermal management is a crucial aspect of electric vehicle technology as it directly impacts the performance, efficiency, and lifespan of the battery. Batteries are sensitive to temperature variations, and extreme heat or cold can lead to reduced efficiency, accelerated degradation, and potential safety risks. To address these challenges, automotive manufacturers are increasingly integrating thermal management systems into their EV designs.
Click Here to Get Sample Premium Report:
https://www.marketresearchfuture.com/sample_request/5728
Competitive Landscape
Mahle, Robert Bosch, Calsonic Kansei, CapTherm Systems, Hanon Systems, Continental, VOSS Automotive, Valeo, GenTherm, DANA, Samsung SDI, and LG Chem are major manufacturers of the global Car battery thermal management system industry.
Awareness of emission norms, subsidies for purchase of EVs, and development of thermoelectric coolers can drive the automotive BTMS market. The quiet and reliable nature of thermoelectric coolers can convert heat into electricity with ease ensuring the smooth functioning of EVs.
The liquid coolant in these coolers can remove heat during active operations and several simulations are conducted of these systems to ensure their precision. Moreover, the shift from internal combustion engines to electric vehicles can work in favor of the market. Battery thermal management system (BTMS) is integrated within electric vehicles for increasing the life of lithium-ion battery cells. Evolution of electric vehicles coupled with stringent norms for controlling emissions can make it mandatory for attaching BTMS with powertrain.
Segmentation
By vehicle type, it is divided into commercial and passenger. The latter is expected to dominate the global Car battery thermal management system industry owing to popularity of EVs and subsidies provided by nations to assure its sales. On the other hand, the commercial vehicle segment can capture a significant market share due to demand for lightweight trucks and battery-driven buses.
By technology, it is segmented into thermos electric, phase change material (PCM), air system, and liquid system. Air system and liquid system segments are projected to lead in the market till the end of the forecast period.
By propulsion, it is segmented into PHEV, BEV, HEV, and FCV. The BEV segment is likely to lead in the market. This is attributed to maximum subsidies offered for these vehicles and increasing number of BEVs offered by automotive manufacturers. Dip in battery prices and decreased battery charging times can boost the segment demand in the global automotive BTMS market.
Browse Full Report Details:
Regional Analysis
The market is segmented based on America, Asia Pacific, Europe, and Rest of the World. Asia Pacific is expected to dominate the market by the end of the forecast period due to government plans for electric vehicles. For instance, Chinese companies such as BYD Co. and BAIC Motor Corp., and Japanese companies, such as Nissan and Mitsubishi, are investing huge amount money on electric vehicles. Incentives given to customers and electrification of transportation modes can bode well for the market.
Americas has assumed the second position in the global battery thermal management system. Adoption of lithium-ion batteries is expected to facilitate market demand over the forecast period. Recently, Hyundai Kona Electrics has decided to include heat pump systems for converting heat into power for its EV driving customers in the U.S.
Top Trending Reports: –
Automotive Smart Display Market@
https://www.marketresearchfuture.com/reports/automotive-smart-display-market-3877
Automotive Digital Instrument Cluster Market@
https://www.marketresearchfuture.com/reports/automotive-digital-instrument-cluster-market-5710
Green Tires Market@
https://www.marketresearchfuture.com/reports/green-tires-market-6340
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Also, we are launching “Wantstats” the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street,
5Th Floor New York,
NY 10013 United States of America
+1 628 258 0071 (US) +44 2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
