The global automotive battery thermal management system market was valued at $4.6 billion in 2022, and is projected to reach $18.7 billion by 2032, growing at a CAGR of 15.6% from 2023 to 2032. - PowerPoint PPT Presentation

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The global automotive battery thermal management system market was valued at $4.6 billion in 2022, and is projected to reach $18.7 billion by 2032, growing at a CAGR of 15.6% from 2023 to 2032.

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An automotive battery thermal management system is the device responsible for managing the heat produced during the electrochemical processes occurring in cells, allowing the battery to operate efficiently and safely. The automotive battery thermal management system keeps the temperature in a battery pack within a fixed range. Moreover, automobile manufacturers are inclined toward electric and alternative fuel vehicles owing to the increase in automotive battery thermal management system for better range. – PowerPoint PPT presentation

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Date added: 22 December 2023

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Title: The global automotive battery thermal management system market was valued at $4.6 billion in 2022, and is projected to reach $18.7 billion by 2032, growing at a CAGR of 15.6% from 2023 to 2032.

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