Global Automotive Battery Thermal Management System market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 615 million in 2020. Over the next five years the Automotive Battery Thermal Management System market will register a 26.1% CAGR in terms of revenue, the global market size will reach US$ 1557.1 million by 2026.
Automotive Battery Thermal Management System is a system controlling the cooling and pre-heating of battery used in electric and hybrid vehicles. Automotive Battery Thermal Management System is part of the automotive thermal management system. It ensures batteries operate within a certain temperature range, will be crucial to helping electric cars drive greater distances for a longer period of time.
The global average price of Automotive Battery Thermal Management System is in the increasing trend, from 710 USD/Unit in 2013 to 767 USD/Unit in 2017 as the development of technology. With the situation, prices will be in increasing trend in the following five years as the liquid cooling system is more and more.
The classification of Automotive Battery Thermal Management System includes Liquid Cooling, Air Cooling and Refrigerant Cooling. The proportion of Liquid Cooling in 2017 is about 66.32%, and the proportion is in increasing trend from 2013 to 2017.
Europe region is the largest supplier of Automotive Battery Thermal Management System, with a production market share nearly 56% in 2017. North America is the second largest supplier of Automotive Battery Thermal Management System, enjoying production market share nearly 21% in 2017.
Europe is the largest consumption place, with a consumption market share nearly 36.6% in 2017. Following Europe, North America is the second largest consumption place with the consumption market share of 28.5%.
The global Automotive Battery Thermal Management System market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes: Mahle, Valeo, Bosch, Gentherm, Hanon Systems, Dana, Continental, VOSS Automotive, Grayson and others.
In next 3 years The Tesla’s $250,000 supercar to Ford’s electric F-150, these are the 18 coolest EVs set to hit the streets.
Due to the Pandemic the supply-chain problems were complicating their businesses, by a freak weather, port blockages and the continued impact of Covid-19 combine to disrupt global supply chains of Parts and Components in Toyota Motor Corp., Honda Motor Co. and Samsung Electronics Companies.
Recently, Ford warned that the chip shortage alone could reduce earnings by $1 billion to $2.5 billion this year. General Motors put its number at $2 billion. While Honda didn't put out a dollar figure, it warned last month that it expects to sell about 100,000 fewer vehicles worldwide this year solely because of the chip shortages.
The Google and Ford are teaming up in an alliance to meet “reinvent” virtually The Android-based operating system while, will be able to monitor a vehicle once it’s out on the road, warning owners if there’s a mechanical problem developing — while also advising them if it’s time for service, even automatically setting up a dealer appointment.
Automotive Battery Thermal Management System market is segmented based on the type, applications, companies and regions.
By Type, Automotive Battery Thermal Management System Market has been segmented into
Liquid Cooling and Heating
Air Cooling and Heating
The end user’s industry application on Automotive Battery Thermal Management System Market is,
The report offers in-depth assessment of the growth and other aspects of the Automotive Actuator market in important regions, including the global growth aspects.
The Key regions covered in the report are,
North America (U.S., Canada)
Europe (Germany, France, U.K., Italy)
Asia-Pacific (Russia, China, Japan, South Korea, Taiwan, Southeast Asia)
South America (Mexico, and Brazil, etc.) and ROW.
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