ICT
Global Electric Vehicle Thermal Management System Market to 2032
Revenue, 2024 (USD Million)
4,508.98
Forecast, 2032 (USD Million)
20,006.50
CAGR, 2024 - 2032
16.41%
Report Coverage
Global
Global Electric Vehicle Thermal Management System Market 2018-2032 USD Million
Global Electric Vehicle Thermal Management System Market, Overview (2024-2032)
Market Growth and Projections:
- Market Size (2024): 4,508.98 USD Million
- Projected Market Size (2032): 20,006.50 USD Million
- CAGR (2024-2032): 16.41%
Key Findings of Global Electric Vehicle Thermal Management System Market
- The Global Electric Vehicle Thermal Management System Market is likely to grow at a CAGR of 16.41% during the forecast period of 2024 to 2032.
- Global Electric Vehicle Thermal Management System Marketsize was valued at 4,508.98 USD Million in 2024.
- In 2024, Conventional segment dominated the market with the largest market share.
- Solid-State in the product segment is expected to witness the fastest growth during the forecast period.
Global Electric Vehicle Thermal Management System Market Scope
Global Electric Vehicle Thermal Management System Market Segmentation & Scope
Vehicle Type
- Commercial
- Passenger
Battery Capacity
- Above 90 kWh
- Below 30 kWh
- 60-90 kWh
- 30-60 kWh
Battery Type
- Solid-State
- Conventional
Technology
- Passive
- Active
Propulsion Type
- FCV
- HEV
- PHEV
- BEV
System Type
- Others
- Powertrain
- HVAC
- Battery Thermal Management System
Global Electric Vehicle Thermal Management System Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 4,508.98 USD Million |
| Market Value in 2032 | 20,006.50 USD Million |
| CAGR (2024-2032) | 16.41% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Battery Capacity,Battery Type,Technology,Propulsion Type,System Type |
| Largest Segment | Conventional |
| Fastest Growing Segment | Solid-State |
| Major Players | Marelli Holdings Co., Ltd., Robert Bosch GmbH, BorgWarner Inc., Dana Limited, DENSO CORPORATION, Others, Hanon Systems, MAHLE GmbH, NORMA Group, Valeo |
Market Segmentation:
-
Product Segment:
- Largest Segment (2024): Conventional
- Fastest Growing Segment (2024-2032): Solid-State
Regional Insights:
-
Leading Market (2024-2032): Global
- Key Country: China, leading in terms of revenue and market share by 2032.
Global Electric Vehicle Thermal Management System Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| Marelli Holdings Co. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Ltd. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Robert Bosch GmbH | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| BorgWarner Inc. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Dana Limited | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| DENSO CORPORATION | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Others | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Hanon Systems | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| MAHLE GmbH | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| NORMA Group | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Valeo | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Global Electric Vehicle Thermal Management System Market Geographical Sales Distribution, 2018-2032 USD Million
Global Electric Vehicle Thermal Management System Market Company Profiling
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
Frequently Asked Questions
The Global Electric Vehicle Thermal Management System Market is segmented based on Segmentation Vehicle Type,Battery Capacity,Battery Type,Technology,Propulsion Type,System Type.
Global Electric Vehicle Thermal Management System Market was valued at USD 4,508.98(Revenue in USD Million) in 2022.
Global Electric Vehicle Thermal Management System Market is projected to grow at a CAGR of 16.41% during the forecast period of 2024 to 2032.
The estimated market value of the Global Electric Vehicle Thermal Management System Market for final year is USD 20,006.50 (USD Million).
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