Australia Electric Vehicle Thermal Management System Market to 2032
Overview
The Australia Electric Vehicle Thermal Management System Market is expected to reach a 449.57 USD Million by 2032 and is projected to grow at a CAGR of 30.02% from 2025 to 2032.
Revenue, 2024 (USD Million)
85.54
Forecast, 2032 (USD Million)
449.57
CAGR, 2024 - 2032
30.02%
Report Coverage
Australia
Australia Electric Vehicle Thermal Management System Market 2018-2032 USD Million
Australia Electric Vehicle Thermal Management System Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 85.54 USD Million
- Projected Market Size (2032): 449.57 USD Million
- CAGR (2025-2032): 30.02%
Key Findings of Australia Electric Vehicle Thermal Management System Market
- The Australia Electric Vehicle Thermal Management System Market was valued at 85.54 USD Million in 2024.
- The Australia Electric Vehicle Thermal Management System Market is likely to grow at a CAGR of 30.02% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Conventional in Battery Type Segment accounted for the largest share of the market with a revenue of 83.99 USD Million
- The fastest growing segment Solid-State in Battery Type Segment grew Fastest with a CAGR of 35.40% during the forecast period from 2024 to 2032.
Australia Electric Vehicle Thermal Management System Market Scope
Australia Electric Vehicle Thermal Management System Market Segmentation & Scope
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
Vehicle Type
- Commercial
- Passenger
System Type
- Others
- Powertrain
- HVAC
- Battery Thermal Management System
Australia 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 | 85.54 USD Million |
| Market Value in 2032 | 449.57 USD Million |
| CAGR (2025-2032) | 30.02% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Battery Capacity,Battery Type,Technology,Propulsion Type,Vehicle Type,System Type |
Regional Insights:
-
Leading Market (2024-2032): Australia, leading in terms of revenue 85.54 USD Million in 2024
- Key Country: Australia, leading in terms of revenue with value of 85.54 USD Million in 2024.
Segments and Scope
-
Australia Electric Vehicle Thermal Management System Market to 2032, By Battery Capacity
- 30-60 kWh is the largest segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a revenue of 46.34 USD Million in the year 2024.
- 30-60 kWh is the Fastest growing segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 30.51 % in forecast period 2025-2032.
-
Australia Electric Vehicle Thermal Management System Market to 2032, By Battery Type
- Conventional is the largest segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a revenue of 83.99 USD Million in the year 2024.
- Solid-State is the Fastest growing segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 29.92 % in forecast period 2025-2032.
-
Australia Electric Vehicle Thermal Management System Market to 2032, By Technology
- Active is the largest segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a revenue of 54.66 USD Million in the year 2024.
- Active is the Fastest growing segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 30.50 % in forecast period 2025-2032.
-
Australia Electric Vehicle Thermal Management System Market to 2032, By Propulsion Type
- BEV is the largest segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a revenue of 53.47 USD Million in the year 2024.
- BEV is the Fastest growing segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 30.34 % in forecast period 2025-2032.
-
Australia Electric Vehicle Thermal Management System Market to 2032, By Vehicle Type
- Passenger is the largest segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a revenue of 73.68 USD Million in the year 2024.
- Passenger is the Fastest growing segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 30.24 % in forecast period 2025-2032.
-
Australia Electric Vehicle Thermal Management System Market to 2032, By System Type
- Battery Thermal Management System is the largest segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a revenue of 41.61 USD Million in the year 2024.
- Battery Thermal Management System is the Fastest growing segment in Australia Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 30.42 % in forecast period 2025-2032.
Australia Electric Vehicle Thermal Management System Market Company Share Analysis
| Company Name |
|
||
| Marelli Holdings Co., Ltd. | |||
| Robert Bosch GmbH | |||
| BorgWarner Inc. | |||
| Dana Limited | |||
| DENSO CORPORATION | |||
Australia Electric Vehicle Thermal Management System Market Geographical Sales Distribution, 2018-2032 USD Million
Australia Electric Vehicle Thermal Management System Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Australia Electric Vehicle Thermal Management System Market is segmented based on Segmentation Battery Capacity,Battery Type,Technology,Propulsion Type,Vehicle Type,System Type.
Australia Electric Vehicle Thermal Management System Market was valued at USD 85.54(Revenue in USD Million) in 2022.
Australia Electric Vehicle Thermal Management System Market is projected to grow at a CAGR of 30.02% during the forecast period of 2024 to 2032.
The Conventional segment is expected to dominate the Australia Electric Vehicle Thermal Management System Market, holding a largest market share of 83.99 USD Million in 2024
Australia Electric Vehicle Thermal Management System Market Scope
Australia Electric Vehicle Thermal Management System Market Segmentation & Scope
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
Vehicle Type
- Commercial
- Passenger
System Type
- Others
- Powertrain
- HVAC
- Battery Thermal Management System
Frequently Asked Questions
The Australia Electric Vehicle Thermal Management System Market is segmented based on Segmentation Battery Capacity,Battery Type,Technology,Propulsion Type,Vehicle Type,System Type.
Australia Electric Vehicle Thermal Management System Market was valued at USD 85.54(Revenue in USD Million) in 2022.
Australia Electric Vehicle Thermal Management System Market is projected to grow at a CAGR of 30.02% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Electric Vehicle Thermal Management System Market for final year is USD 449.57 (USD Million).
Australia Electric Vehicle Thermal Management System Market Company Profiling
Frequently Asked Questions
The Australia Electric Vehicle Thermal Management System Market is segmented based on Segmentation Battery Capacity,Battery Type,Technology,Propulsion Type,Vehicle Type,System Type.
Australia Electric Vehicle Thermal Management System Market was valued at USD 85.54(Revenue in USD Million) in 2022.
Australia Electric Vehicle Thermal Management System Market is projected to grow at a CAGR of 30.02% during the forecast period of 2024 to 2032.
The estimated market value of the Australia Electric Vehicle Thermal Management System Market for final year is USD 449.57 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.