Vehicle Battery Thermal Management System Market Report: Anticipated Surge to USD 9.49 billion, Trends Predicted till 2029

The Vehicle battery thermal management system market is expected to grow at 20.4% CAGR from 2023 to 2029. It is expected to reach above USD 9.49 billion by 2029 from USD 2.09 billion in 2022.

Exactitude Consultancy research's "Vehicle Battery Thermal Management System Market Forecast" study report focuses at sales and the overall global market for Vehicle Battery Thermal Management System in 2022. The sales forecast for Vehicle Battery Thermal Management System by region and market sector for the years 2023 through 2029 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Vehicle Battery Thermal Management System market, with sales of Vehicle Battery Thermal Management System broken down by region, market sector, and sub-sector, in US$ million.

Based on market dynamics and development-promoting variables, the Vehicle Battery Thermal Management System Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.

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competitive analysis

The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Vehicle Battery Thermal Management System market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.

Major companies in Vehicle Battery Thermal Management System Market are:

Modine Manufacturing Company, Continental ag, Gentherm, Dana Limited, Hanon Systems, Valeo, MAHLE GmbH, Robert Bosch GmbH, Grayson, VOSS Automotive GmbH.

Recent Developments:

In March 2017, Continental expanded its production capacity by opening its first production plant outside Germany in China. The company invested more than USD 24 million to produce high-performance coated materials for a wide range of applications.

In December 2015, LG Chem was the main supplier of the electric vehicle batteries that power the Chevrolet Bolt. The companies have thus entered into a new partnership to supply Chevrolet (US) with its range of products. It would supply products such as the DX cool plate for the Bolt.

In October 2015, Tesla Motors (US) and LG Chem signed a contract for upgrading the company's car-Roadster-with battery replacement and improvement. This enabled LG Chem to increase the demand for its products in the market.

In November 2015, Gentherm announced that it had expanded its production capacity in the fast-growing North American market by opening a new manufacturing facility in Mexico. The facility would be dedicated to the production of seat comfort and industrial products.

Vehicle Battery Thermal Management System Market Segmentation:

Vehicle Battery Thermal Management System Market By Propulsion Type, 2022-2029, (USD Billion)

BEV: Battery Electric Vehicles

PHEV: Plug-In Electric Vehicles

HEV : Hybrid Electric Vehicles

Vehicle Battery Thermal Management System Market By Technology, 2022-2029, (USD Billion)

Air Cooling And Heating

Liquid Cooling And Heating

PCM: Protection Circuit Module

Vehicle Battery Thermal Management System Market By Battery Type, 2022-2029, (Usd Billion)

Conventional

Solid State

Vehicle Battery Thermal Management System Market By Vehicle Type, 2022-2029, (Usd Billion)

Passenger Cars

Commercial Vehicles

Vehicle Battery Thermal Management System Market By Region, 2022-2029, (Usd Billion)

North America

Asia Pacific

Europe

South America

Middle East And Africa

Important Countries In All Regions Are Covered.

Our market analysts are professionals at carefully categorizing the global Vehicle Battery Thermal Management System market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Vehicle Battery Thermal Management System market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.

This report also splits the market by region:

The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.

The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

Strategic Points Covered in Table of Content of Global Vehicle Battery Thermal Management System Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Vehicle Battery Thermal Management System market
Chapter 2: Exclusive Summary - the basic information of the Vehicle Battery Thermal Management System Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Vehicle Battery Thermal Management System
Chapter 4: Presenting the Vehicle Battery Thermal Management System Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Vehicle Battery Thermal Management System market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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