Press release
Excellent Growth by Automotive Battery Thermal Management System Market 2018 – 2026: Robert Bosch GmbH, Dana Incorporated, LG Chem., Calsonic Kansei Corporation, Continental AG, Gentherm Incorporated
Asia-Pacific generated the highest revenue in the automotive battery thermal management system market in 2017 owing to increasing demand for electric vehicles, and emerging economies of China, Japan, India, and South Korea. The strict government regulations regarding vehicular emissions, and increasing environmental concerns in the region impact the market growth.
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Automotive Battery Thermal Management System Market was valued at USD 1.5 billion in 2017 to reach USD 5.4 Billion in 2026 and is anticipated to grow at a CAGR of 15.5% during the forecast period.
The leading companies profiled in Automotive Battery Thermal Management System Market report include: -
• Robert Bosch GmbH
• Dana Incorporated
• LG Chem.
• Calsonic Kansei Corporation
• Continental AG
• Gentherm Incorporated
• VOSS Automotive
• CapTherm Systems
• Hanon Systems
• Mahle Behr GmbH
The demand for Automotive Battery Thermal Management System has increased owing to increasing adoption of electric vehicles, and growing need for improved battery performance and efficiency in electric automobiles. The increasing awareness regarding electric vehicles coupled with rising environmental concerns support the growth of the Automotive Battery Thermal Management System Market. The growth in implementation of battery-driven public transport, and introduction of stringent emission norms by governments have resulted in market growth. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
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Automotive Battery Thermal Management System Market Key Segments: -
Technology:
• Active Battery Thermal Management System
• Passive Battery Thermal Management System
Battery Type:
• Conventional Batteries
• Solid-State Batteries
Vehicle Type:
• Passenger Vehicles
• Commercial Vehicles
Propulsion:
• Battery Electric Vehicles
• Hybrid Electric Vehicles
• Plug-in Hybrid Electric Vehicles
• Fuel Cell Vehicles
Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
Automotive Battery Thermal Management System Market report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the market. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Automotive Battery Thermal Management System Market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
Table of Content of Automotive Battery Thermal Management System Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3. Automotive Battery Thermal Management System Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!!
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