EV Battery Liquid Cooling Plate Market Projected to Hit $2.66 Billion by 2030 with a Robust 28.0% CAGR

The global electric vehicle (EV) battery liquid cooling plate market is poised for substantial growth in 2024, driven by advancements in automotive technology and increasing adoption of electric vehicles. As the demand for efficient thermal management solutions in EV batteries escalates, liquid cooling plates have emerged as a critical component in enhancing battery performance and longevity.

In 2024, the global EV battery liquid cooling plate market is expected to witness a significant expansion, with industry analysts projecting a robust growth trajectory. This surge is attributed to the rapid evolution of EV technology, the need for improved battery efficiency, and the growing emphasis on sustainability in the automotive sector.

The global EV Battery Liquid Cooling Plate market was valued at US$ 479 million in 2023 and is anticipated to reach US$ 2661 million by 2030, witnessing a CAGR of 28.0% during the forecast period 2024-2030.

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Global key players of automotive battery cooling plate include Valeo, Dana, MAHLE, Modine Manufacturing, Boyd Corporation, etc. Global top five manufacturers hold a share over 62%.

The key players are mainly located in Europe, North America, China, Japan, and South Korea. In terms of product, stamping type is the largest segment, with a share over 74%. And in terms of application, the largest application is BEV, with a share over 76%, followed by PHEV.

Key Drivers of Growth

Advancements in EV Technology: The continuous development of high-performance electric vehicles necessitates advanced thermal management systems. Liquid cooling plates offer superior heat dissipation compared to traditional air-cooling methods, ensuring optimal battery performance and safety.

Increased Adoption of Electric Vehicles: As global awareness of environmental issues rises, more consumers and manufacturers are shifting towards electric vehicles. This shift is driving the demand for effective cooling solutions to manage the heat generated by high-capacity EV batteries.

Enhanced Battery Performance: Liquid cooling plates are designed to maintain optimal operating temperatures for EV batteries, thereby extending their lifespan and improving overall vehicle performance. This is a crucial factor as manufacturers strive to meet consumer expectations for longer-range and more reliable electric vehicles.

The 2024 forecast indicates that the EV battery liquid cooling plate market will experience robust growth across various regions, with significant contributions from key markets in North America, Europe, and Asia-Pacific. The increasing focus on research and development, coupled with strategic partnerships between automotive manufacturers and cooling solution providers, is expected to drive market expansion.

The global EV battery liquid cooling plate market is set for remarkable growth in 2024, fueled by technological advancements and the rising adoption of electric vehicles. As the industry continues to innovate and prioritize efficient thermal management, liquid cooling plates will play a pivotal role in shaping the future of electric mobility.

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Table of Content

1 EV Battery Liquid Cooling Plate Market Overview
1.1 Product Definition
1.2 EV Battery Liquid Cooling Plate by Type
1.2.1 Global EV Battery Liquid Cooling Plate Market Value by Type (2019-2030)
1.2.2 Harmonica Tube Type
1.2.3 Brazed Type
1.2.4 Inflation Type
1.3 EV Battery Liquid Cooling Plate by Application
1.3.1 Global EV Battery Liquid Cooling Plate Market Value by Application 2019-2030)
1.3.2 BEV
1.3.3 PHEV
1.4 Global Market Growth Prospects
1.4.1 Global EV Battery Liquid Cooling Plate Revenue (2019-2030)
1.4.2 Global EV Battery Liquid Cooling Plate Sales (2019-2030)
1.4.3 Global EV Battery Liquid Cooling Plate Market Average Price (2019-2030)
1.5 Assumptions and Limitations
1.6 Study Objectives
1.7 Years Considered

2 Key Insights
2.1 Key Emerging Trends
2.2 Key Developments - Mergers Acquisitions, New Product Launches, Collaborations, Partnerships and Joint Ventures
2.3 Latest Technological Advancements
2.4 Insights on Regulatory Scenarios
2.5 Porters Five Forces Analysis

3 Manufacturers Competitive Analysis
3.1 Global EV Battery Liquid Cooling Plate Revenue by Manufacturer (2019-2024)
3.2 Global EV Battery Liquid Cooling Plate Sales by Manufacturer (2019-2024)
3.3 Global EV Battery Liquid Cooling Plate Average Price by Manufacturer (2019-2024)
3.4 EV Battery Liquid Cooling Plate Company Evaluation Quadrant
3.5 Industry Rank
3.5.1 Global Key Players of EV Battery Liquid Cooling Plate, Industry Ranking, 2022 VS 2023
3.5.2 Global EV Battery Liquid Cooling Plate Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.5.3 Global EV Battery Liquid Cooling Plate Market Concentration Rate
3.5.4 Global 5 and 10 Largest EV Battery Liquid Cooling Plate Players Market Share by Revenue
3.6 EV Battery Liquid Cooling Plate Market: Overall Company Footprint Analysis
3.6.1 EV Battery Liquid Cooling Plate Market: Region Footprint
3.6.2 EV Battery Liquid Cooling Plate Market: Company Product Type Footprint
3.6.3 EV Battery Liquid Cooling Plate Market: Company Product Application Footprint
3.6.4 Global Key Manufacturers of EV Battery Liquid Cooling Plate, Date of Enter into This Industry
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition

4 Manufacturers Profiles
4.1 Valeo
4.1.1 Valeo EV Battery Liquid Cooling Plate Details
4.1.2 Valeo EV Battery Liquid Cooling Plate Product and Services
4.1.3 Valeo EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.1.4 Valeo Major Business
4.1.5 Valeo Recent Developments/Updates
4.2 Nabaichuan Holding
4.2.1 Nabaichuan Holding EV Battery Liquid Cooling Plate Details
4.2.2 Nabaichuan Holding EV Battery Liquid Cooling Plate Product and Services
4.2.3 Nabaichuan Holding EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.2.4 Nabaichuan Holding Major Business
4.2.5 Nabaichuan Holding Recent Developments/Updates
4.3 Sanhua Group
4.3.1 Sanhua Group EV Battery Liquid Cooling Plate Details
4.3.2 Sanhua Group EV Battery Liquid Cooling Plate Product and Services
4.3.3 Sanhua Group EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.3.4 Sanhua Group Major Business
4.3.5 Sanhua Group Recent Developments/Updates
4.4 Yinlun
4.4.1 Yinlun EV Battery Liquid Cooling Plate Details
4.4.2 Yinlun EV Battery Liquid Cooling Plate Product and Services
4.4.3 Yinlun EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.4.4 Yinlun Major Business
4.4.5 Yinlun Recent Developments/Updates
4.5 Dana
4.5.1 Dana EV Battery Liquid Cooling Plate Details
4.5.2 Dana EV Battery Liquid Cooling Plate Product and Services
4.5.3 Dana EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.5.4 Dana Major Business
4.5.5 Dana Recent Developments/Updates
4.6 MAHLE
4.6.1 MAHLE EV Battery Liquid Cooling Plate Details
4.6.2 MAHLE EV Battery Liquid Cooling Plate Product and Services
4.6.3 MAHLE EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.6.4 MAHLE Major Business
4.6.5 MAHLE Recent Developments/Updates
4.7 Nippon Light Metal
4.7.1 Nippon Light Metal EV Battery Liquid Cooling Plate Details
4.7.2 Nippon Light Metal EV Battery Liquid Cooling Plate Product and Services
4.7.3 Nippon Light Metal EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.7.4 Nippon Light Metal Major Business
4.7.5 Nippon Light Metal Recent Developments/Updates
4.8 ESTRA Automotive
4.8.1 ESTRA Automotive EV Battery Liquid Cooling Plate Details
4.8.2 ESTRA Automotive EV Battery Liquid Cooling Plate Product and Services
4.8.3 ESTRA Automotive EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.8.4 ESTRA Automotive Major Business
4.8.5 ESTRA Automotive Recent Developments/Updates
4.9 Runthrough Heat Exchange
4.9.1 Runthrough Heat Exchange EV Battery Liquid Cooling Plate Details
4.9.2 Runthrough Heat Exchange EV Battery Liquid Cooling Plate Product and Services
4.9.3 Runthrough Heat Exchange EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.9.4 Runthrough Heat Exchange Major Business
4.9.5 Runthrough Heat Exchange Recent Developments/Updates
4.10 KOHSAN Co., Ltd
4.10.1 KOHSAN Co., Ltd EV Battery Liquid Cooling Plate Details
4.10.2 KOHSAN Co., Ltd EV Battery Liquid Cooling Plate Product and Services
4.10.3 KOHSAN Co., Ltd EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.10.4 KOHSAN Co., Ltd Major Business
4.10.5 KOHSAN Co., Ltd Recent Developments/Updates
4.11 Cotran
4.11.1 Cotran EV Battery Liquid Cooling Plate Details
4.11.2 Cotran EV Battery Liquid Cooling Plate Product and Services
4.11.3 Cotran EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.11.4 Cotran Major Business
4.11.5 Cotran Recent Developments/Updates
4.12 Modine Manufacturing
4.12.1 Modine Manufacturing EV Battery Liquid Cooling Plate Details
4.12.2 Modine Manufacturing EV Battery Liquid Cooling Plate Product and Services
4.12.3 Modine Manufacturing EV Battery Liquid Cooling Plate Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
4.12.4 Modine Manufacturing Major Business
4.12.5 Modine Manufacturing Recent Developments/Updates

5 Consumption Analysis by Region
5.1 Global EV Battery Liquid Cooling Plate Market Size by Region
5.1.1 Global EV Battery Liquid Cooling Plate Consumption Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global EV Battery Liquid Cooling Plate Consumption Value by Region (2019-2024)
5.1.3 Global EV Battery Liquid Cooling Plate Consumption Value by Region (2025-2030)
5.1.4 Global EV Battery Liquid Cooling Plate Consumption Value Market Share by Region (2019-2030)
5.2 Global EV Battery Liquid Cooling Plate Sales Quantity by Region
5.2.1 Global EV Battery Liquid Cooling Plate Sales Quantity by Region: 2019 VS 2023 VS 2030
5.2.2 Global EV Battery Liquid Cooling Plate Sales Quantity by Region (2019-2024)
5.2.3 Global EV Battery Liquid Cooling Plate Sales Quantity by Region (2025-2030)
5.2.4 Global EV Battery Liquid Cooling Plate Sales Quantity Market Share by Region (2019-2030)
5.3 Global EV Battery Liquid Cooling Plate Average Price by Region
5.4 North America EV Battery Liquid Cooling Plate Consumption Value (2019-2030)
5.5 Europe EV Battery Liquid Cooling Plate Consumption Value (2019-2030)
5.6 Asia-Pacific EV Battery Liquid Cooling Plate Consumption Value (2019-2030)
5.7 South America EV Battery Liquid Cooling Plate Consumption Value (2019-2030)
5.8 Middle East & Africa EV Battery Liquid Cooling Plate Consumption Value (2019-2030)

6 Market Scenario by Region & Country
6.1 Global EV Battery Liquid Cooling Plate Consumption Value by Region & Country: 2019 Versus 2023 Versus 2030
6.2 Global EV Battery Liquid Cooling Plate Consumption Value by Region & Country (2019-2030)
6.3 Global EV Battery Liquid Cooling Plate Sales Quantity by Region & Country (2019-2030)
6.4 Global EV Battery Liquid Cooling Plate Average Price by Region & Country (2019-2030)
6.5 North America EV Battery Liquid Cooling Plate Market Facts & Figures by Country
6.5.1 North America EV Battery Liquid Cooling Plate Consumption Value by Country: 2019 VS 2023 VS 2030
6.5.2 North America EV Battery Liquid Cooling Plate Sales Quantity by Country (2019-2030)
6.5.3 North America EV Battery Liquid Cooling Plate Consumption Value by Country (2019-2030)
6.5.4 United States
6.5.5 Canada
6.6 Europe EV Battery Liquid Cooling Plate Market Facts & Figures by Country
6.6.1 Europe EV Battery Liquid Cooling Plate Consumption Value by Country: 2019 VS 2023 VS 2030
6.6.2 Europe EV Battery Liquid Cooling Plate Sales Quantity by Country (2019-2030)
6.6.3 Europe EV Battery Liquid Cooling Plate Consumption Value by Country (2019-2030)
6.6.4 Germany
6.6.5 France
6.6.6 U.K.
6.6.7 Italy
6.6.8 Russia
6.7 Asia Pacific EV Battery Liquid Cooling Plate Market Facts & Figures by Region
6.7.1 Asia Pacific EV Battery Liquid Cooling Plate Market Size by Region: 2019 VS 2023 VS 2030
6.7.2 Asia Pacific EV Battery Liquid Cooling Plate Sales Quantity by Region (2019-2030)
6.7.3 Asia Pacific EV Battery Liquid Cooling Plate Consumption Value by Region (2019-2030)
6.7.4 China
6.7.5 Japan
6.7.6 South Korea
6.7.7 India
6.7.8 Australia
6.7.9 China Taiwan
6.7.10 Indonesia
6.7.11 Thailand
6.7.12 Malaysia
6.8 South America EV Battery Liquid Cooling Plate Market Facts & Figures by Country
6.8.1 South America EV Battery Liquid Cooling Plate Market Size by Country: 2019 VS 2023 VS 2030
6.8.2 South America EV Battery Liquid Cooling Plate Sales Quantity by Country (2019-2030)
6.8.3 South America EV Battery Liquid Cooling Plate Consumption Value by Country
6.8.4 Mexico
6.8.5 Brazil
6.8.6 Argentina
6.9 Middle East and Africa EV Battery Liquid Cooling Plate Market Facts & Figures by Country
6.9.1 Middle East and Africa EV Battery Liquid Cooling Plate Market Size by Country: 2019 VS 2023 VS 2030
6.9.2 Middle East and Africa EV Battery Liquid Cooling Plate Sales Quantity by Country (2019-2030)
6.9.3 Middle East and Africa EV Battery Liquid Cooling Plate Consumption Value by Country
6.9.4 Turkey
6.9.5 Saudi Arabia
6.9.6 UAE

7 Segment by Type
7.1 Global EV Battery Liquid Cooling Plate Sales Quantity by Type (2019-2030)
7.1.1 Global EV Battery Liquid Cooling Plate Sales Quantity by Type (2019-2024)
7.1.2 Global EV Battery Liquid Cooling Plate Sales Quantity by Type (2025-2030)
7.1.3 Global EV Battery Liquid Cooling Plate Sales Quantity Market Share by Type (2019-2030)
7.2 Global EV Battery Liquid Cooling Plate Revenue by Type (2019-2030)
7.2.1 Global EV Battery Liquid Cooling Plate Revenue by Type (2019-2024)
7.2.2 Global EV Battery Liquid Cooling Plate Revenue by Type (2025-2030)
7.2.3 Global EV Battery Liquid Cooling Plate Revenue Market Share by Type (2019-2030)
7.3 Global EV Battery Liquid Cooling Plate Price by Type (2019-2030)

8 Segment by Application
8.1 Global EV Battery Liquid Cooling Plate Sales Quantity by Application (2019-2030)
8.1.1 Global EV Battery Liquid Cooling Plate Sales Quantity by Application (2019-2024)
8.1.2 Global EV Battery Liquid Cooling Plate Sales Quantity by Application (2025-2030)
8.1.3 Global EV Battery Liquid Cooling Plate Sales Quantity Market Share by Application (2019-2030)
8.2 Global EV Battery Liquid Cooling Plate Revenue by Application (2019-2030)
8.2.1 Global EV Battery Liquid Cooling Plate Revenue by Application (2019-2024)
8.2.2 Global EV Battery Liquid Cooling Plate Revenue by Application (2025-2030)
8.2.3 Global EV Battery Liquid Cooling Plate Revenue Market Share by Application (2019-2030)
8.3 Global EV Battery Liquid Cooling Plate Price by Application (2019-2030)

9 Industry Chain and Sales Channels Analysis
9.1 EV Battery Liquid Cooling Plate Industry Chain Analysis
9.2 EV Battery Liquid Cooling Plate Key Raw Materials
9.2.1 Key Raw Materials
9.2.2 Raw Materials Key Suppliers
9.3 EV Battery Liquid Cooling Plate Production Mode & Process
9.4 EV Battery Liquid Cooling Plate Sales and Marketing
9.4.1 EV Battery Liquid Cooling Plate Sales Channels
9.4.2 EV Battery Liquid Cooling Plate Distributors
9.5 EV Battery Liquid Cooling Plate Customers

10 Research Findings and Conclusion

11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.1.1 Research Programs/Design
11.1.1.2 Market Size Estimation
11.1.1.3 Market Breakdown and Data Triangulation
11.1.2 Data Source
11.1.2.1 Secondary Sources
11.1.2.2 Primary Sources
11.2 Author Details
11.3 Disclaimer

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