The optimal operating temperature range of the power battery is about 20-30°C. At low temperature, the battery capacity is low, and the charge and discharge performance is poor; at high temperature, the battery cycle life will be shortened, and safety problems such as explosion may even occur at high temperature. Multiple battery cells form a battery pack in series and parallel mode, and the heat generated during charging and discharging affects each other. Keeping the power battery pack to work within a reasonable temperature range requires a sophisticated electric vehicle battery cooling system. The main components of the electric vehicle battery cooling system are a cooling plate, a cooler, an electronic water pump, and an electronic expansion valve.
This report contains market size and forecasts of Battery Cooling System for Electric Vehicle in global, including the following market information:
Global Battery Cooling System for Electric Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Battery Cooling System for Electric Vehicle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Battery Cooling System for Electric Vehicle companies in 2021 (%)
The global Battery Cooling System for Electric Vehicle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Air Cooling System Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Battery Cooling System for Electric Vehicle include Mahle, Valeo, Hanon Systems, Gentherm, Dana and Grayson, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Battery Cooling System for Electric Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Battery Cooling System for Electric Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Battery Cooling System for Electric Vehicle Market Segment Percentages, by Type, 2021 (%)
Air Cooling System
Liquid Cooling System
Global Battery Cooling System for Electric Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Battery Cooling System for Electric Vehicle Market Segment Percentages, by Application, 2021 (%)
Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Global Battery Cooling System for Electric Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Battery Cooling System for Electric Vehicle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Battery Cooling System for Electric Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Battery Cooling System for Electric Vehicle revenues share in global market, 2021 (%)
Key companies Battery Cooling System for Electric Vehicle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Battery Cooling System for Electric Vehicle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mahle
Valeo
Hanon Systems
Gentherm
Dana
Grayson