RoMEA Electric Vehicle Thermal Management System Market to 2032

Overview

The RoMEA Electric Vehicle Thermal Management System Market is expected to reach a 246.05 USD Million by 2032 and is projected to grow at a CAGR of 27.51% from 2025 to 2032.

Revenue, 2024 (USD Million)
52.86
Forecast, 2032 (USD Million)
246.05
CAGR, 2024 - 2032
27.51%
Report Coverage
RoMEA

RoMEA Electric Vehicle Thermal Management System Market 2018-2032 USD Million

RoMEA Electric Vehicle Thermal Management System Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 52.86 USD Million
  • Projected Market Size (2032): 246.05 USD Million
  • CAGR (2025-2032): 27.51%

Key Findings of RoMEA Electric Vehicle Thermal Management System Market

  • The RoMEA Electric Vehicle Thermal Management System Market was valued at 52.86 USD Million in 2024.
  • The RoMEA Electric Vehicle Thermal Management System Market is likely to grow at a CAGR of 27.51% 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 51.90 USD Million
  • The fastest growing segment Solid-State in Battery Type Segment grew Fastest with a CAGR of 32.78% during the forecast period from 2024 to 2032.

RoMEA Electric Vehicle Thermal Management System Market Scope

RoMEA Electric Vehicle Thermal Management System Market Segmentation & Scope
Propulsion Type
  • FCV
  • HEV
  • PHEV
  • BEV
Technology
  • Passive
  • Active
Battery Type
  • Solid-State
  • Conventional
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

RoMEA 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 52.86 USD Million
Market Value in 2032 246.05 USD Million
CAGR (2025-2032) 27.51%
Historic Data 2016-2023
Market Segments Covered Propulsion Type,Technology,Battery Type,System Type,Vehicle Type,Battery Capacity

Regional Insights:

  • Leading Market (2024-2032): RoMEA, leading in terms of revenue 52.86 USD Million in 2024
    • Key Country: RoMEA, leading in terms of revenue with value of 52.86 USD Million in 2024.

Segments and Scope

  • RoMEA Electric Vehicle Thermal Management System Market to 2032, By Propulsion Type
    • BEV is the largest segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a revenue of 33.25 USD Million in the year 2024.
    • BEV is the Fastest growing segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 27.82 % in forecast period 2025-2032.
  • RoMEA Electric Vehicle Thermal Management System Market to 2032, By Technology
    • Active is the largest segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a revenue of 33.77 USD Million in the year 2024.
    • Active is the Fastest growing segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 27.98 % in forecast period 2025-2032.
  • RoMEA Electric Vehicle Thermal Management System Market to 2032, By Battery Type
    • Conventional is the largest segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a revenue of 51.90 USD Million in the year 2024.
    • Solid-State is the Fastest growing segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 27.42 % in forecast period 2025-2032.
  • RoMEA Electric Vehicle Thermal Management System Market to 2032, By System Type
    • Battery Thermal Management System is the largest segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a revenue of 27.02 USD Million in the year 2024.
    • Battery Thermal Management System is the Fastest growing segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 27.86 % in forecast period 2025-2032.
  • RoMEA Electric Vehicle Thermal Management System Market to 2032, By Vehicle Type
    • Passenger is the largest segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a revenue of 45.84 USD Million in the year 2024.
    • Passenger is the Fastest growing segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 27.71 % in forecast period 2025-2032.
  • RoMEA Electric Vehicle Thermal Management System Market to 2032, By Battery Capacity
    • 30-60 kWh is the largest segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a revenue of 28.64 USD Million in the year 2024.
    • 30-60 kWh is the Fastest growing segment in RoMEA Electric Vehicle Thermal Management System Market to 2032 with a Growth rate of 27.99 % in forecast period 2025-2032.

RoMEA Electric Vehicle Thermal Management System Market Company Share Analysis

 
Company Name Company Share Analysis
Marelli Holdings Co., Ltd.
Robert Bosch GmbH
BorgWarner Inc.
Dana Limited
DENSO CORPORATION
RoMEA Electric Vehicle Thermal Management System Market Company Share Analysis

RoMEA Electric Vehicle Thermal Management System Market Geographical Sales Distribution, 2018-2032 USD Million

RoMEA Electric Vehicle Thermal Management System Market Geographical Sales Distribution, 2018-2032 USD Million

RoMEA Electric Vehicle Thermal Management System Market Company Profiling

RoMEA Electric Vehicle Thermal Management System Market Company Profiling
Frequently Asked Questions
The RoMEA Electric Vehicle Thermal Management System Market is segmented based on Segmentation Propulsion Type,Technology,Battery Type,System Type,Vehicle Type,Battery Capacity.
RoMEA Electric Vehicle Thermal Management System Market was valued at USD 52.86(Revenue in USD Million) in 2022.
RoMEA Electric Vehicle Thermal Management System Market is projected to grow at a CAGR of 27.51% during the forecast period of 2024 to 2032.
The Conventional segment is expected to dominate the RoMEA Electric Vehicle Thermal Management System Market, holding a largest market share of 51.90 USD Million in 2024

RoMEA Electric Vehicle Thermal Management System Market Scope

RoMEA Electric Vehicle Thermal Management System Market Segmentation & Scope
Propulsion Type
  • FCV
  • HEV
  • PHEV
  • BEV
Technology
  • Passive
  • Active
Battery Type
  • Solid-State
  • Conventional
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
Frequently Asked Questions
The RoMEA Electric Vehicle Thermal Management System Market is segmented based on Segmentation Propulsion Type,Technology,Battery Type,System Type,Vehicle Type,Battery Capacity.
RoMEA Electric Vehicle Thermal Management System Market was valued at USD 52.86(Revenue in USD Million) in 2022.
RoMEA Electric Vehicle Thermal Management System Market is projected to grow at a CAGR of 27.51% during the forecast period of 2024 to 2032.
The estimated market value of the RoMEA Electric Vehicle Thermal Management System Market for final year is USD 246.05 (USD Million).

RoMEA Electric Vehicle Thermal Management System Market Company Profiling

RoMEA Electric Vehicle Thermal Management System Market Company Profiling
Frequently Asked Questions
The RoMEA Electric Vehicle Thermal Management System Market is segmented based on Segmentation Propulsion Type,Technology,Battery Type,System Type,Vehicle Type,Battery Capacity.
RoMEA Electric Vehicle Thermal Management System Market was valued at USD 52.86(Revenue in USD Million) in 2022.
RoMEA Electric Vehicle Thermal Management System Market is projected to grow at a CAGR of 27.51% during the forecast period of 2024 to 2032.
The estimated market value of the RoMEA Electric Vehicle Thermal Management System Market for final year is USD 246.05 (USD Million).

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