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Battery Cooling System for EV Market Report 2023-2033

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    Report

  • 420 Pages
  • August 2023
  • Region: Global
  • Vision2Data
  • ID: 5868022
Overall world revenue for Battery Cooling System Market, 2023 to 2033 in terms of value the market will surpass US$1,826.7 million in 2023. The author predicts strong revenue growth through to 2033. This report identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Increasing Demand for Electric Vehicles (EVs)

The surge in the adoption of electric vehicles (EVs) is revolutionizing the automotive industry. As more consumers and governments prioritize sustainability, the EV market is experiencing rapid growth. However, the enhanced energy density of lithium-ion batteries powering these vehicles generates considerable heat during charging and discharging cycles, posing a potential threat to their performance, safety, and lifespan. Consequently, an efficient battery cooling system has become imperative to maintain optimal battery temperature, safeguarding its longevity and reliability.

Extended Battery Life and Performance

Battery life and performance are fundamental concerns in the EV market. Effective temperature management through battery cooling systems significantly contributes to extending battery lifespan and maintaining consistent performance. Elevated temperatures accelerate battery degradation and chemical reactions within cells, reducing their capacity over time. By maintaining an ideal operating temperature range, the cooling system mitigates thermal stress on the battery, minimizing capacity loss and ensuring reliable, sustained performance throughout the vehicle's lifespan.

What Questions Should You Ask before Buying a Market Research Report?

  • How is the battery cooling system market evolving?
  • What is driving and restraining the battery cooling system market?
  • How will each battery cooling system submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?
  • How will the market shares for each battery cooling system submarket develop from 2023 to 2033?
  • What will be the main driver for the overall market from 2023 to 2033?
  • Will leading battery cooling system markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the battery cooling system projects for these leading companies?
  • How will the industry evolve during the period between 2023 and 2033? What are the implications of battery cooling system projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the battery cooling system market?
  • Where is the battery cooling system market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the battery cooling system market today, and over the next 10 years:

  • Our 420-page report provides 128 tables and 195 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them - NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you TODAY how the battery cooling system market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2033 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2033, our new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising battery cooling system prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Market Segment by Type

  • Conventional Batteries
  • Solid-State Batteries

Market Segment by Vehicle Type

  • Passenger Vehicle
  • Commercial Vehicle
  • Other Vehicle Type

Market Segment by Capacity

  • < 100 kWh
  • 100-200 kWh
  • 200-500 kWh
  • >500 kWh

Market Segment by Propulsion

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Fuel Cell Vehicle (FCV)
  • Other Propulsion

Market Segment by Method

  • Air Cooling
  • Liquid Cooling
  • Direct Refrigerant Cooling
  • Phase Change Material Cooling
  • Thermoelectric Cooling
  • Heat Pipe Cooling

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for four regional and 20 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • Netherlands
  • United Kingdom
  • France
  • Norway
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of Middle East & Africa
The report also includes profiles and for some of the leading companies in the Battery Cooling System Market, 2023 to 2033, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth

  • BorgWarner Inc.
  • CapTherm Systems Inc.
  • Continental AG
  • Dana Incorporated
  • Denso Corporation
  • Gentherm Incorporated
  • Koolance, Inc.
  • LG Chem Ltd
  • MAHLE GmbH
  • Marelli Holdings, Co., Ltd.
  • Robert Bosch GmbH
  • Samsung SDI Co., Ltd
  • Valeo S.A.
  • Voss Automotive
  • Webasto SE

How will the Battery Cooling System Market, 2023 to 2033 report help you?

In summary, our 420-page report provides you with the following knowledge:
  • Revenue forecasts to 2033 for Battery Cooling System Market, 2023 to 2033 Market, with forecasts for vehicle type, type, capacity, propulsion, method , each forecast at a global and regional level - discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2033 for four regional and 20 key national markets - See forecasts for the Battery Cooling System Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Also forecasted is the market in the US, Canada, Brazil, Germany, France, UK, Norway, Netherlands, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market - including company profiles for 15 of the major companies involved in the battery cooling system market, 2023 to 2033.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With this new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how the work could benefit your research, analyses, and decisions. The study is for everybody needing commercial analyses for the Battery Cooling System Market, 2023 to 2033, market-leading companies. You will find data, trends and predictions.

Table of Contents

1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Battery Cooling System for EV Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who Is This Report for?
1.7 Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Reports
1.10 About the Publisher
2 Executive Summary
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 Range and Charging Speed Reduce the Risk of Overheating During Fast-Charging Sessions
3.2.1.2 Opportunities for Materials Companies, Component Suppliers, Vehicle Designers, and Other Players in the Rapidly Growing EV Industry
3.2.1.3 Efficient Cooling Leading to Improved Battery Life Driving the Market Growth
3.2.2 Market Restraining Factors
3.2.2.1 Huge Capital and R&D Cost Hinder the Market Growth
3.2.2.2 Cooling Systems, Particularly Liquid Cooling Solutions, Add Weight and Occupy Space Within the Vehicle Can Hinder the Market
3.2.2.3 Cooling Systems Consume Energy, Reducing the Overall Efficiency of the Electric Vehicle
3.2.3 Market Opportunities
3.2.3.1 Increasing Adoption of New Technologies in EV Batteries
3.2.3.2 Evolving Battery Designs are Opportunities for the Market
3.2.3.3 Battery Cooling System Technologies that Contribute to Greener EV Solutions Will have a Competitive Advantage
3.3 Porter’s Five Forces Analysis
3.3.1 Bargaining Power of Suppliers (Moderate)
3.3.2 Bargaining Power of Buyers (Moderate to High)
3.3.3 Competitive Rivalry (High)
3.3.4 Threat from Substitutes (Low)
3.3.5 Threat of New Entrants (Low)
3.4 COVID-19 Impact Analysis
3.4.1 “V-Shaped Recovery”
3.4.2 “U-Shaped Recovery”
3.4.3 “W-Shaped Recovery”
3.4.4 “L-Shaped Recovery”
3.5 PEST Analysis
4 Battery Cooling System for EV Market Analysis by Battery Type
4.1 Key Findings
4.2 Battery Type Segment: Market Attractiveness Index
4.3 Battery Cooling System for EV Market Size Estimation and Forecast by Battery Type
4.4 Conventional Batteries
4.4.1 Market Size by Region, 2023-2033 (US$ Million)
4.4.2 Market Share by Region, 2023 & 2033 (%)
4.5 Solid-State Batteries
4.5.1 Market Size by Region, 2023-2033 (US$ Million)
4.5.2 Market Share by Region, 2023 & 2033 (%)
5 Battery Cooling System for EV Market Analysis by Vehicle Type
5.1 Key Findings
5.2 Vehicle Type Segment: Market Attractiveness Index
5.3 Battery Cooling System for EV Market Size Estimation and Forecast by Vehicle Type
5.4 Passenger Vehicle
5.4.1 Market Size by Region, 2023-2033 (US$ Million)
5.4.2 Market Share by Region, 2023 & 2033 (%)
5.5 Commercial Vehicle
5.5.1 Market Size by Region, 2023-2033 (US$ Million)
5.5.2 Market Share by Region, 2023 & 2033 (%)
5.6 Other Vehicle Type
5.6.1 Market Size by Region, 2023-2033 (US$ Million)
5.6.2 Market Share by Region, 2023 & 2033 (%)
6 Battery Cooling System for EV Market Analysis by Battery Capacity
6.1 Key Findings
6.2 Battery Capacity Segment: Market Attractiveness Index
6.3 Battery Cooling System for EV Market Size Estimation and Forecast by Battery Capacity
6.4 500 kWh
6.7.1 Market Size by Region, 2023-2033 (US$ Million)
6.7.2 Market Share by Region, 2023 & 2033 (%)
7 Battery Cooling System for EV Market Analysis by Propulsion
7.1 Key Findings
7.2 Propulsion Segment: Market Attractiveness Index
7.3 Battery Cooling System for EV Market Size Estimation and Forecast by Propulsion
7.4 Battery Electric Vehicle (BEV)
7.4.1 Market Size by Region, 2023-2033 (US$ Million)
7.4.2 Market Share by Region, 2023 & 2033 (%)
7.5 Hybrid Electric Vehicle (HEV)
7.5.1 Market Size by Region, 2023-2033 (US$ Million)
7.5.2 Market Share by Region, 2023 & 2033 (%)
7.6 Plug-in Hybrid Electric Vehicle (PHEV)
7.6.1 Market Size by Region, 2023-2033 (US$ Million)
7.6.2 Market Share by Region, 2023 & 2033 (%)
7.7 Fuel Cell Vehicle (FCV)
7.7.1 Market Size by Region, 2023-2033 (US$ Million)
7.7.2 Market Share by Region, 2023 & 2033 (%)
7.8 Other Propulsion
7.8.1 Market Size by Region, 2023-2033 (US$ Million)
7.8.2 Market Share by Region, 2023 & 2033 (%)
8 Battery Cooling System for EV Market Analysis by Method
8.1 Key Findings
8.2 Method Segment: Market Attractiveness Index
8.3 Battery Cooling System for EV Market Size Estimation and Forecast by Propulsion
8.4 Air Cooling
8.4.1 Market Size by Region, 2023-2033 (US$ Million)
8.4.2 Market Share by Region, 2023 & 2033 (%)
8.5 Liquid Cooling
8.5.1 Market Size by Region, 2023-2033 (US$ Million)
8.5.2 Market Share by Region, 2023 & 2033 (%)
8.6 Direct Refrigerant Cooling
8.6.1 Market Size by Region, 2023-2033 (US$ Million)
8.6.2 Market Share by Region, 2023 & 2033 (%)
8.7 Phase Change Material Cooling
8.7.1 Market Size by Region, 2023-2033 (US$ Million)
8.7.2 Market Share by Region, 2023 & 2033 (%)
8.8 Thermoelectric Cooling
8.8.1 Market Size by Region, 2023-2033 (US$ Million)
8.8.2 Market Share by Region, 2023 & 2033 (%)
8.9 Heat Pipe Cooling
8.9.1 Market Size by Region, 2023-2033 (US$ Million)
8.9.2 Market Share by Region, 2023 & 2033 (%)
9 Battery Cooling System for EV Market Analysis by Region
9.1 Key Findings
9.2 Regional Market Size Estimation and Forecast
10 North America Battery Cooling System for EV Market Analysis
10.1 Key Findings
10.2 North America Battery Cooling System for EV Market Attractiveness Index
10.3 North America Battery Cooling System for EV Market by Country, 2023, 2028 & 2033 (US$ Million)
10.4 North America Battery Cooling System for EV Market Size Estimation and Forecast
10.5 North America Battery Cooling System for EV Market Size Estimation and Forecast by Country
10.6 North America Battery Cooling System for EV Market Size Estimation and Forecast by Battery Type
10.7 North America Battery Cooling System for EV Market Size Estimation and Forecast by Vehicle Type
10.8 North America Battery Cooling System for EV Market Size Estimation and Forecast by Battery Capacity
10.9 North America Battery Cooling System for EV Market Size Estimation and Forecast by Propulsion
10.10 North America Battery Cooling System for EV Market Size Estimation and Forecast by Method
10.11 U.S. Battery Cooling System for EV Market Analysis
10.12 Canada Battery Cooling System for EV Market Analysis
11 Europe Battery Cooling System for EV Market Analysis
11.1 Key Findings
11.2 Europe Battery Cooling System for EV Market Attractiveness Index
11.3 Europe Battery Cooling System for EV Market by Country, 2023, 2028 & 2033 (US$ Million)
11.4 Europe Battery Cooling System for EV Market Size Estimation and Forecast
11.5 Europe Battery Cooling System for EV Market Size Estimation and Forecast by Country
11.6 Europe Battery Cooling System for EV Market Size Estimation and Forecast by Battery Type
11.7 Europe Battery Cooling System for EV Market Size Estimation and Forecast by Vehicle Type
11.8 Europe Battery Cooling System for EV Market Size Estimation and Forecast by Battery Capacity
11.9 Europe Battery Cooling System for EV Market Size Estimation and Forecast by Propulsion
11.10 Europe Battery Cooling System for EV Market Size Estimation and Forecast by Method
11.11 Germany Battery Cooling System for EV Market Analysis
11.12 UK Battery Cooling System for EV Market Analysis
11.13 France Battery Cooling System for EV Market Analysis
11.14 Norway Battery Cooling System for EV Market Analysis
11.15 Netherlands Battery Cooling System for EV Market Analysis
11.16 Rest of Europe Battery Cooling System for EV Market Analysis
12 Asia-Pacific Battery Cooling System for EV Market Analysis
12.1 Key Findings
12.2 Asia-Pacific Battery Cooling System for EV Market Attractiveness Index
12.3 Asia-Pacific Battery Cooling System for EV Market by Country, 2023, 2028 & 2033 (US$ Million)
12.4 Asia-Pacific Battery Cooling System for EV Market Size Estimation and Forecast
12.5 Asia-Pacific Battery Cooling System for EV Market Size Estimation and Forecast by Country
12.6 Asia-Pacific Battery Cooling System for EV Market Size Estimation and Forecast by Battery Type
12.7 Asia-Pacific Battery Cooling System for EV Market Size Estimation and Forecast by Vehicle Type
12.8 Asia-Pacific Battery Cooling System for EV Market Size Estimation and Forecast by Battery Capacity
12.9 Asia-Pacific Battery Cooling System for EV Market Size Estimation and Forecast by Propulsion
12.10 Asia-Pacific Battery Cooling System for EV Market Size Estimation and Forecast by Method
12.11 China Battery Cooling System for EV Market Analysis
12.12 India Battery Cooling System for EV Market Analysis
12.13 Japan Battery Cooling System for EV Market Analysis
12.14 South Korea Battery Cooling System for EV Market Analysis
12.15 Australia Battery Cooling System for EV Market Analysis
12.16 Rest of Asia-Pacific Battery Cooling System for EV Market Analysis
13 Middle East and Africa Battery Cooling System for EV Market Analysis
13.1 Key Findings
13.2 Middle East and Africa Battery Cooling System for EV Market Attractiveness Index
13.3 Middle East and Africa Battery Cooling System for EV Market by Country, 2023, 2028 & 2033 (US$ Million)
13.4 Middle East and Africa Battery Cooling System for EV Market Size Estimation and Forecast
13.5 Middle East and Africa Battery Cooling System for EV Market Size Estimation and Forecast by Country
13.6 Middle East and Africa Battery Cooling System for EV Market Size Estimation and Forecast by Battery Type
13.7 Middle East and Africa Battery Cooling System for EV Market Size Estimation and Forecast by Vehicle Type
13.8 Middle East and Africa Battery Cooling System for EV Market Size Estimation and Forecast by Battery Capacity
13.9 Middle East and Africa Battery Cooling System for EV Market Size Estimation and Forecast by Propulsion
13.10 Middle East and Africa Battery Cooling System for EV Market Size Estimation and Forecast by Method
13.11 GCC Battery Cooling System for EV Market Analysis
13.12 South Africa Battery Cooling System for EV Market Analysis
13.13 Rest of Middle East & Africa Battery Cooling System for EV Market Analysis
14 Latin America Battery Cooling System for EV Market Analysis
14.1 Key Findings
14.2 Latin America Battery Cooling System for EV Market Attractiveness Index
14.3 Latin America Battery Cooling System for EV Market by Country, 2023, 2028 & 2033 (US$ Million)
14.4 Latin America Battery Cooling System for EV Market Size Estimation and Forecast
14.5 Latin America Battery Cooling System for EV Market Size Estimation and Forecast by Country
14.6 Latin America Battery Cooling System for EV Market Size Estimation and Forecast by Battery Type
14.7 Latin America Battery Cooling System for EV Market Size Estimation and Forecast by Vehicle Type
14.8 Latin America Battery Cooling System for EV Market Size Estimation and Forecast by Battery Capacity
14.9 Latin America Battery Cooling System for EV Market Size Estimation and Forecast by Propulsion
14.10 Latin America Battery Cooling System for EV Market Size Estimation and Forecast by Method
14.11 Brazil Battery Cooling System for EV Market Analysis
14.12 Mexico Battery Cooling System for EV Market Analysis
14.13 Rest of Latin America Battery Cooling System for EV Market Analysis
15 Company Profiles
15.1 Competitive Landscape, 2022
15.2 Strategic Outlook
15.3 LG Chem Ltd
15.3.1 Company Snapshot
15.3.2 Company Overview
15.3.3 Financial Analysis
15.3.3.1 Net Revenue, 2018-2022
15.3.3.2 R&D, 2018-2022
15.3.3.3 Regional Revenue Share, 2022 (%)
15.3.3.4 Business Segment Revenue Share, 2022 (%)
15.3.4 Product Benchmarking
15.3.5 Strategic Outlook
15.4 Continental AG
15.4.1 Company Snapshot
15.4.2 Company Overview
15.4.3 Financial Analysis
15.4.3.1 Net Revenue, 2018-2022
15.4.3.2 R&D, 2018-2022
15.4.3.3 Regional Revenue Share, 2022 (%)
15.4.3.4 Business Segment Revenue Share, 2022 (%)
15.4.4 Product Benchmarking
15.4.5 Strategic Outlook
15.5 Gentherm Incorporated
15.5.1 Company Snapshot
15.5.2 Company Overview
15.5.3 Financial Analysis
15.5.3.1 Net Revenue, 2018-2022
15.5.3.2 R&D, 2018-2022
15.5.3.3 Regional Revenue Share, 2022 (%)
15.5.3.4 Business Segment Revenue Share, 2022 (%)
15.5.4 Product Benchmarking
15.5.5 Strategic Outlook
15.6 Robert Bosch GmbH
15.6.1 Company Snapshot
15.6.2 Company Overview
15.6.3 Product Benchmarking
15.6.4 Strategic Outlook
15.7 Valeo S.A.
15.7.1 Company Snapshot
15.7.2 Company Overview
15.7.3 Financial Analysis
15.7.3.1 Net Revenue, 2018-2022
15.7.3.2 R&D, 2018-2022
15.7.3.3 Business Segment Revenue Share, 2022 (%)
15.7.4 Product Benchmarking
15.7.5 Strategic Outlook
15.8 Marelli Holdings, Co., Ltd.
15.8.1 Company Snapshot
15.8.2 Company Overview
15.8.3 Product Benchmarking
15.8.4 Strategic Outlook
15.9 Dana Incorporated
15.9.1 Company Snapshot
15.9.2 Company Overview
15.9.3 Financial Analysis
15.9.3.1 Net Revenue, 2018-2022
15.9.3.2 R&D, 2018-2022
15.9.3.3 Regional Revenue Share, 2022 (%)
15.9.3.4 Business Segment Revenue Share, 2022 (%)
15.9.4 Product Benchmarking
15.10 Samsung SDI Co., Ltd
15.10.1 Company Snapshot
15.10.2 Company Overview
15.10.3 Financial Analysis
15.10.3.1 Net Revenue, 2018-2022
15.10.3.2 R&D, 2018-2022
15.10.3.3 Regional Revenue Share, 2021 (%)
15.10.3.4 Business Segment Revenue Share, 2021 (%)
15.10.4 Product Benchmarking
15.10.5 Strategic Outlook
15.11 MAHLE GmbH
15.11.1 Company Snapshot
15.11.2 Company Overview
15.11.3 Product Benchmarking
15.11.4 Strategic Outlook
15.12 Voss Automotive
15.12.1 Company Snapshot
15.12.2 Company Overview
15.12.3 Product Benchmarking
15.12.4 Strategic Outlook
15.13 CapTherm Systems Inc.
15.13.1 Company Snapshot
15.13.2 Company Overview
15.13.3 Product Benchmarking
15.14 BorgWarner Inc.
15.14.1 Company Snapshot
15.14.2 Company Overview
15.14.3 Financial Analysis
15.14.3.1 Net Revenue, 2018-2022
15.14.3.2 R&D, 2018-2022
15.14.4 Product Benchmarking
15.14.5 Strategic Outlook
15.15 Denso Corporation
15.15.1 Company Snapshot
15.15.2 Company Overview
15.15.3 Financial Analysis
15.15.3.1 Net Revenue, 2018-2022
15.15.4 Product Benchmarking
15.16 Webasto SE
15.16.1 Company Snapshot
15.16.2 Company Overview
15.16.3 Product Benchmarking
15.16.4 Strategic Outlook
15.17 Koolance, Inc.
15.17.1 Company Snapshot
15.17.2 Company Overview
15.17.3 Product Benchmarking
15.17.4 Strategic Outlook
16 Conclusion and Recommendations
16.1 Concluding Remarks
16.2 Recommendations for Market Players