Global Automotive Battery Thermal Management System Market to 2032
Overview
The Global Automotive Battery Thermal Management System Market is expected to reach a 58.73 USD Billion by 2032 and is projected to grow at a CAGR of 26.02% from 2025 to 2032.
Revenue, 2024 (USD Billion)
10.05
Forecast, 2032 (USD Billion)
58.73
CAGR, 2024 - 2032
26.02%
Report Coverage
Global
Global Automotive Battery Thermal Management System Market 2018-2032 USD Billion
Global Automotive Battery Thermal Management System Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 10.05 USD Billion
- Projected Market Size (2032): 58.73 USD Billion
- CAGR (2025-2032): 26.02%
Key Findings of Global Automotive Battery Thermal Management System Market
- The Global Automotive Battery Thermal Management System Market was valued at 58.73 USD Billion in 2024.
- The Global Automotive Battery Thermal Management System Market is likely to grow at a CAGR of 26.02% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Automotive in Vehicle Segment accounted for the largest share of the market with a revenue of 8.58 USD Billion
- The fastest growing segment Passive in Technology Segment grew Fastest with a CAGR of 27.68% during the forecast period from 2024 to 2032.
Global Automotive Battery Thermal Management System Market Scope
Global Automotive Battery Thermal Management System Market Segmentation & Scope
Vehicle
- Automotive
- Military
- Others
Battery Capacity
- Less than 100 kWh
- 100 to 200 kWh
- More than 200 kWh
Type
- Liquid Cooling and Heating
- PCM
- Air Cooling and Heating
Propulsion
- Battery Electric Vehicle
- PHEV & FCV
- Hybrid Electric Vehicle
Technology
- Active
- Passive
Global Automotive Battery Thermal Management System Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 10.05 USD Billion |
| Market Value in 2032 | 58.73 USD Billion |
| CAGR (2025-2032) | 26.02% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle,Battery Capacity,Type,Propulsion,Technology |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 10.05 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 3,141.97 USD Million in 2024.
Segments and Scope
-
Global Automotive Battery Thermal Management System Market to 2032, By Vehicle
- Automotive is the largest segment in Global Automotive Battery Thermal Management System Market to 2032 with a revenue of 8.58 USD Billion in the year 2024.
- Automotive is the Fastest growing segment in Global Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 26.24 % in forecast period 2025-2032.
-
Global Automotive Battery Thermal Management System Market to 2032, By Battery Capacity
- Less than 100 kWh is the largest segment in Global Automotive Battery Thermal Management System Market to 2032 with a revenue of 8.55 USD Billion in the year 2024.
- 100 to 200 kWh is the Fastest growing segment in Global Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 25.83 % in forecast period 2025-2032.
-
Global Automotive Battery Thermal Management System Market to 2032, By Type
- Liquid Cooling and Heating is the largest segment in Global Automotive Battery Thermal Management System Market to 2032 with a revenue of 6.28 USD Billion in the year 2024.
- PCM is the Fastest growing segment in Global Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 26.12 % in forecast period 2025-2032.
-
Global Automotive Battery Thermal Management System Market to 2032, By Propulsion
- Hybrid Electric Vehicle is the largest segment in Global Automotive Battery Thermal Management System Market to 2032 with a revenue of 5.73 USD Billion in the year 2024.
- Hybrid Electric Vehicle is the Fastest growing segment in Global Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 26.88 % in forecast period 2025-2032.
-
Global Automotive Battery Thermal Management System Market to 2032, By Technology
- Active is the largest segment in Global Automotive Battery Thermal Management System Market to 2032 with a revenue of 7.65 USD Billion in the year 2024.
- Passive is the Fastest growing segment in Global Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 25.49 % in forecast period 2025-2032.
Global Automotive Battery Thermal Management System Market Company Share Analysis
| Company Name |
|
||
| Robert Bosch GmbH | |||
| DENSO CORPORATION | |||
| SAMSUNG SDI CO.,LTD. | |||
| VALEO | |||
| LG Energy Solution | |||
Global Automotive Battery Thermal Management System Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Automotive Battery Thermal Management System Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Automotive Battery Thermal Management System Market is segmented based on Segmentation Vehicle,Battery Capacity,Type,Propulsion,Technology.
Global Automotive Battery Thermal Management System Market was valued at USD 10.05(Revenue in USD Billion) in 2021.
Global Automotive Battery Thermal Management System Market is projected to grow at a CAGR of 26.02% during the forecast period of 2024 to 2032.
The Automotive segment is expected to dominate the Global Automotive Battery Thermal Management System Market, holding a largest market share of 8.58 USD Billion in 2024
Global Automotive Battery Thermal Management System Market Scope
Global Automotive Battery Thermal Management System Market Segmentation & Scope
Vehicle
- Automotive
- Military
- Others
Battery Capacity
- Less than 100 kWh
- 100 to 200 kWh
- More than 200 kWh
Type
- Liquid Cooling and Heating
- PCM
- Air Cooling and Heating
Propulsion
- Battery Electric Vehicle
- PHEV & FCV
- Hybrid Electric Vehicle
Technology
- Active
- Passive
Frequently Asked Questions
The Global Automotive Battery Thermal Management System Market is segmented based on Segmentation Vehicle,Battery Capacity,Type,Propulsion,Technology.
Global Automotive Battery Thermal Management System Market was valued at USD 10.05(Revenue in USD Billion) in 2021.
Global Automotive Battery Thermal Management System Market is projected to grow at a CAGR of 26.02% during the forecast period of 2024 to 2032.
The estimated market value of the Global Automotive Battery Thermal Management System Market for final year is USD 58.73 (USD Billion).
Global Automotive Battery Thermal Management System Market Company Profiling
Frequently Asked Questions
The Global Automotive Battery Thermal Management System Market is segmented based on Segmentation Vehicle,Battery Capacity,Type,Propulsion,Technology.
Global Automotive Battery Thermal Management System Market was valued at USD 10.05(Revenue in USD Billion) in 2021.
Global Automotive Battery Thermal Management System Market is projected to grow at a CAGR of 26.02% during the forecast period of 2024 to 2032.
The estimated market value of the Global Automotive Battery Thermal Management System Market for final year is USD 58.73 (USD Billion).
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.