Press release
Electric Vehicle Thermal Management System (EVTMS) Market to Reach a CAGR of 9.8% by 2028 | Dana Inc., DOBER, Infineon Technologies AG, MAHLE GmbH
Electric Vehicle Thermal Management System (EVTMS) Market
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Electric Vehicle Thermal Management System (EVTMS) Market by System (Air Cooling, Liquid Cooling, Refrigerant Cooling), Vehicle Type (Passenger, Commercial), Battery Type (Solid State, Conventional), Application (EV, PHEV), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The Electric Vehicle Thermal Management System (EVTMS) market size is projected to reach a CAGR of 9.8% from 2022 to 2028.
Electric Vehicle Thermal Management System (EVTMS) Market Key Players:
Dana Inc.
DOBER
Infineon Technologies AG
MAHLE GmbH
Renesas Electronics Corp.
Robert Bosch GmbH
Texas Instruments Inc.
Valeo SA
Recent Developments
In March 2018, Continental inaugurated a production plant in Germany leading to its expansion in market out of china.
Electric Vehicle Thermal Management System (EVTMS) refers to the thermal management which are used in electric vehicles (EVs) in order to maintain the heating temperature of the batteries used in these automobiles. Since batteries are used to provide power to the motors for the movement of the vehicle and therefore, the vehicle movement is entirely dependent on battery health. Hence, the need to control the battery heat becomes essential for the proper operation of electric vehicle.
Improvised infrastructure of the various regions along with the advancement in technology are some of the factors that have supported long-term expansion for Electric Vehicle Thermal Management System (EVTMS) Market.
COVID-19 had a positive effect on the market, as people got more concerned about the issue of global warming.
Electric Vehicle Thermal Management System (EVTMS) Market Regional Analysis
APAC is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the increased investment and raised manufacturing of electric vehicle in the region.
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Electric Vehicle Thermal Management System (EVTMS) Market: Reasons to Acquire
Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
Gain authentic and granular data access for Electric Vehicle Thermal Management System (EVTMS) Market so as to understand the trends and the factors involved behind changing market situations
Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Table of Contents
Electric Vehicle Thermal Management System (EVTMS) Market is segmented into Battery Capacity, Vehicle Type, Battery Type, Propulsion, Technology and region.
On the basis of Battery Type
Conventional
Solid-State
On the basis of Vehicle Type
Passenger Vehicle
Commercial Vehicle
On the basis of Battery Capacity
500 kWh
On the basis of Propulsion
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Fuel Cell Vehicle (FCV)
On the basis of Technology
Active
Passive
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
The Electric Vehicle Thermal Management System (EVTMS) Market research report includes the competitive landscape that involves leading companies and adopting strategies to introduce new products, announce partnerships, and collaborate to contribute to market growth. Moreover, the report elaborates on numerous customers' journeys related to this industry, regions, and segments. The Electric Vehicle Thermal Management System (EVTMS) Market research report delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions.
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