Increasing Demand for Comfort Features and Need for Power Extension to Uplift the Thermal Management Market

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Automotive Battery Thermal Management System
Market by Propulsion (BEV, HEV, PHEV, FCV),
Technology (Active and Passive), Vehicle Type
(Passenger Commercial), Battery Type
(Conventional Solid-State), Battery Capacity,
and Region - Forecast to 2025
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BEVs are estimated to showcase the largest demand
for automotive battery thermal management
system The BEV segment is estimated to hold the
largest share of the automotive battery thermal
management system market. The demand for
automotive battery thermal management system in
BEVs is influenced by the total sales of BEVs.
According to MarketsandMarkets analysis, the BEV
sales are projected to grow from 431.3 thousand
units in 2017 to 7.2 million units by
2025. PDF Brochure https//www.marketsand
markets.com/pdfdownload.asp?id184479896

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Active technology to be the fastest growing
segment of the automotive battery thermal
management system market The active technology
segment is projected to witness the fastest
growth during the forecast period. The growth of
this segment can be attributed to the increased
efficiency, improved battery performance, and
long life from active technology battery thermal
management system. The growth can also be
attributed to the high growth projections of BEVs
in countries such as China and Japan. For
instance, China has an ambitious plan of going
all electric by 2025. Hence, this system is
expected to experience the highest growth during
the forecast period. Request for
Customization https//www.marketsandmarkets.com/
requestCustomization.asp?id184479896
4
The passenger vehicles segment is projected to
hold the largest market share during the forecast
period. The growth of this segment can be
attributed to the various initiatives by
government bodies to improve EV adoption rate
across the world. The growth can also be
attributed to the high growth projections of BEVs
and PHEVs in several countries. China, for
example, has an ambitious plan of going all
electric by 2025. Both these vehicle types have a
major market share in the passenger vehicle
segment. Hence, this segment is expected to
experience the highest growth during the forecast
period. Request Sample _at_
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p?id184479896
5
Asia Pacific is expected to be the largest market
for automotive battery thermal management
system The automotive battery thermal management
system market for the Asia Pacific is estimated
to be the largest, owing to the presence of key
countries such as China, Japan, India, and South
Korea, which constitute the highest sales of
electric and hybrid vehicles globally. According
to MarketsandMarkets analysis, China and Japan
constitute 50-55 share of the total electric
vehicles sold globally. Hence, the Asia Pacific
region is estimated to be the largest market for
automotive battery thermal management
system. Speak to analyst _at_ https//www.markets
andmarkets.com/speaktoanalyst.asp?id184479896
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Market Ecosystem The ecosystem of the
automotive battery thermal management system
market consists of battery thermal management
system manufacturers such as LG Chem (South
Korea), Continental (Germany), GenTherm (US),
Robert Bosch (Germany), Valeo (France), Calsonic
Kansei (Japan), DANA (US), Hanon Systems (Korea),
Samsung SDI (Korea), Mahle (Germany), VOSS
Automotive (Germany), CapTherm Systems (Canada),
and others. Buy Now https//www.marketsandm
arkets.com/Purchase/purchase_report1.asp?id184479
896
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Browse gtgt 90 market data
tables 53 figures
153 pages and in-depth TOC "Automotive
Battery Thermal Management System Market by
Propulsion (BEV, HEV, PHEV, FCV), Technology
(Active and Passive), Vehicle Type (Passenger
Commercial), Battery Type (Conventional
Solid-State), Battery Capacity, and Region -
Forecast to 2025 Early buyers will receive 10
customization on this report. This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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