Press release
Automotive Battery Thermal Management System Market by 2027 Growth with Top Key Vendors like- Continental AG, Dana Incorporated, Gentherm Incorporated, Hanon Systems, LG Chem Ltd., MAHLE GmbH, Robert Bosch GmbH, SAMSUNG SDI CO., LTD., Valeo and Others
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The report also includes the profiles of key automotive battery thermal management system companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
Top Key Players:- Calsonic Kansei Corporation, Continental AG, Dana Incorporated, Gentherm Incorporated, Hanon Systems, LG Chem Ltd., MAHLE GmbH, Robert Bosch GmbH, SAMSUNG SDI CO., LTD., Valeo
Battery thermal management system plays a vital role in improving battery efficiency and performance, which is further accelerating the adoption of these systems in the market. Further, the rise in demand for electric vehicles is also contributing to the growth of the automotive battery thermal management system market. Moreover, the growing adoption of new technologies in lithium-ion batteries and the rising trend of battery-driven public transport are the factors that are anticipated to boost the market growth in the near future.
Thermal management involves regulating heat flows in the vehicle. All the components in the vehicle need to be operated in their respective optimal temperature range in order to generate pleasant temperatures for passengers inside the vehicle. The battery thermal management systems play a major role in controlling the thermal behaviour of the battery cells. The life and performance of the battery systems are affected by the surrounding temperature. Thus, the battery thermal management systems maintain the battery temperature at which the battery output is optimum.
The report analyzes factors affecting automotive battery thermal management system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the automotive battery thermal management system market for each region.
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