Middle East & Africa Electric Vehicle Thermal Management System Market to 2032

Overview

The Middle East & Africa Electric Vehicle Thermal Management System Market is expected to reach a 1,271.48 USD Million by 2032 and is projected to grow at a CAGR of 29.51% from 2025 to 2032.

Revenue, 2024 (USD Million)

247.98

Forecast, 2032 (USD Million)

1,271.48

CAGR, 2024 - 2032

29.51%

Report Coverage

Middle East & Africa

Middle East & Africa Electric Vehicle Thermal Management System Market 2018-2032 USD Million

Middle East & Africa Electric Vehicle Thermal Management System Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 247.98 USD Million
Projected Market Size (2032): 1,271.48 USD Million
CAGR (2025-2032): 29.51%

Key Findings of Middle East & Africa Electric Vehicle Thermal Management System Market

The Middle East & Africa Electric Vehicle Thermal Management System Market was valued at 247.98 USD Million in 2024.
The Middle East & Africa Electric Vehicle Thermal Management System Market is likely to grow at a CAGR of 29.51% 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 244.14 USD Million
The fastest growing segment Solid-State in Battery Type Segment grew Fastest with a CAGR of 35.01% during the forecast period from 2024 to 2032.

Middle East & Africa Electric Vehicle Thermal Management System Market Scope

Middle East & Africa Electric Vehicle Thermal Management System Market Segmentation & Scope

System Type

Others
Powertrain
HVAC
Battery Thermal Management System

Vehicle Type

Commercial
Passenger

Battery Capacity

Above 90 kWh
Below 30 kWh
60-90 kWh
30-60 kWh

Technology

Passive
Active

Propulsion Type

FCV
HEV
PHEV
BEV

Battery Type

Solid-State
Conventional

Middle East & Africa 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	247.98 USD Million
Market Value in 2032	1,271.48 USD Million
CAGR (2025-2032)	29.51%
Historic Data	2016-2023
Market Segments Covered	System Type,Vehicle Type,Battery Capacity,Technology,Propulsion Type,Battery Type

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 247.98 USD Million in 2024
- Key Country: UAE, leading in terms of revenue with value of 75.72 USD Million in 2024.

Segments and Scope

Middle East & Africa Electric Vehicle Thermal Management System Market to 2032, By System Type
- Battery Thermal Management System is the largest segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a revenue of 124.96 USD Million in the year 2024.
- Battery Thermal Management System is the Fastest growing segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 29.85 % in forecast period 2025-2032.
Middle East & Africa Electric Vehicle Thermal Management System Market to 2032, By Vehicle Type
- Passenger is the largest segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a revenue of 217.00 USD Million in the year 2024.
- Passenger is the Fastest growing segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 29.71 % in forecast period 2025-2032.
Middle East & Africa Electric Vehicle Thermal Management System Market to 2032, By Battery Capacity
- 30-60 kWh is the largest segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a revenue of 136.21 USD Million in the year 2024.
- 30-60 kWh is the Fastest growing segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 30.01 % in forecast period 2025-2032.
Middle East & Africa Electric Vehicle Thermal Management System Market to 2032, By Technology
- Active is the largest segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a revenue of 157.23 USD Million in the year 2024.
- Active is the Fastest growing segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 30.01 % in forecast period 2025-2032.
Middle East & Africa Electric Vehicle Thermal Management System Market to 2032, By Propulsion Type
- BEV is the largest segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a revenue of 156.86 USD Million in the year 2024.
- BEV is the Fastest growing segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 29.84 % in forecast period 2025-2032.
Middle East & Africa Electric Vehicle Thermal Management System Market to 2032, By Battery Type
- Conventional is the largest segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a revenue of 244.14 USD Million in the year 2024.
- Solid-State is the Fastest growing segment in Middle East & Africa Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 29.42 % in forecast period 2025-2032.

Middle East & Africa Electric Vehicle Thermal Management System Market Company Share Analysis

Company Name
Marelli Holdings Co., Ltd.
Robert Bosch GmbH
BorgWarner Inc.
Dana Limited
DENSO CORPORATION

Middle East & Africa Electric Vehicle Thermal Management System Market Geographical Sales Distribution, 2018-2032 USD Million

Middle East & Africa Electric Vehicle Thermal Management System Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Middle East & Africa Electric Vehicle Thermal Management System Market?

The Middle East & Africa Electric Vehicle Thermal Management System Market is segmented based on Segmentation System Type,Vehicle Type,Battery Capacity,Technology,Propulsion Type,Battery Type.

What is the current market size of the Middle East & Africa Electric Vehicle Thermal Management System Market?

Middle East & Africa Electric Vehicle Thermal Management System Market was valued at USD 247.98(Revenue in USD Million) in 2022.

What is the expected growth rate of the Middle East & Africa Electric Vehicle Thermal Management System Market?

Middle East & Africa Electric Vehicle Thermal Management System Market is projected to grow at a CAGR of 29.51% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Middle East & Africa Electric Vehicle Thermal Management System Market?

The Conventional segment is expected to dominate the Middle East & Africa Electric Vehicle Thermal Management System Market, holding a largest market share of 244.14 USD Million in 2024