South Korea Automotive Battery Thermal Management System Market to 2032
Overview
The South Korea Automotive Battery Thermal Management System Market is expected to reach a 4,332.94 USD Million by 2032 and is projected to grow at a CAGR of 33.81% from 2025 to 2032.
Revenue, 2024 (USD Million)
774.64
Forecast, 2032 (USD Million)
4,332.94
CAGR, 2024 - 2032
33.81%
Report Coverage
South Korea
South Korea Automotive Battery Thermal Management System Market 2018-2032 USD Million
South Korea Automotive Battery Thermal Management System Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 774.64 USD Million
- Projected Market Size (2032): 4,332.94 USD Million
- CAGR (2025-2032): 33.81%
Key Findings of South Korea Automotive Battery Thermal Management System Market
- The South Korea Automotive Battery Thermal Management System Market was valued at 774.64 USD Million in 2024.
- The South Korea Automotive Battery Thermal Management System Market is likely to grow at a CAGR of 33.81% 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 660.61 USD Million
- The fastest growing segment 100 to 200 kWh in Battery Capacity Segment grew Fastest with a CAGR of 36.49% during the forecast period from 2024 to 2032.
South Korea Automotive Battery Thermal Management System Market Scope
South Korea Automotive Battery Thermal Management System Market Segmentation & Scope
Vehicle
- Others
- Military
- Automotive
Battery Capacity
- More than 200 kWh
- 100 to 200 kWh
- Less than 100 kWh
Type
- Air Cooling and Heating
- PCM
- Liquid Cooling and Heating
Propulsion
- PHEV & FCV
- Battery Electric Vehicle
- Hybrid Electric Vehicle
Technology
- Passive
- Active
South Korea Automotive Battery Thermal Management System Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 774.64 USD Million |
| Market Value in 2032 | 4,332.94 USD Million |
| CAGR (2025-2032) | 33.81% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle,Battery Capacity,Type,Propulsion,Technology |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 774.64 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 774.64 USD Million in 2024.
Segments and Scope
-
South Korea Automotive Battery Thermal Management System Market to 2032, By Vehicle
- Automotive is the largest segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a revenue of 660.61 USD Million in the year 2024.
- Automotive is the Fastest growing segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 34.12 % in forecast period 2025-2032.
-
South Korea Automotive Battery Thermal Management System Market to 2032, By Battery Capacity
- Less than 100 kWh is the largest segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a revenue of 656.18 USD Million in the year 2024.
- 100 to 200 kWh is the Fastest growing segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 33.44 % in forecast period 2025-2032.
-
South Korea Automotive Battery Thermal Management System Market to 2032, By Type
- Liquid Cooling and Heating is the largest segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a revenue of 483.29 USD Million in the year 2024.
- PCM is the Fastest growing segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 34.11 % in forecast period 2025-2032.
-
South Korea Automotive Battery Thermal Management System Market to 2032, By Propulsion
- Hybrid Electric Vehicle is the largest segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a revenue of 443.52 USD Million in the year 2024.
- Hybrid Electric Vehicle is the Fastest growing segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 35.00 % in forecast period 2025-2032.
-
South Korea Automotive Battery Thermal Management System Market to 2032, By Technology
- Active is the largest segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a revenue of 588.65 USD Million in the year 2024.
- Passive is the Fastest growing segment in South Korea Automotive Battery Thermal Management System Market to 2032 with a Growth rate of 33.13 % in forecast period 2025-2032.
South Korea Automotive Battery Thermal Management System Market Company Share Analysis
| Company Name |
|
||
| Robert Bosch GmbH | |||
| DENSO CORPORATION | |||
| SAMSUNG SDI CO.,LTD. | |||
| VALEO | |||
| LG Energy Solution | |||
South Korea Automotive Battery Thermal Management System Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Automotive Battery Thermal Management System Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Automotive Battery Thermal Management System Market is segmented based on Segmentation Vehicle,Battery Capacity,Type,Propulsion,Technology.
South Korea Automotive Battery Thermal Management System Market was valued at USD 774.64(Revenue in USD Million) in 2021.
South Korea Automotive Battery Thermal Management System Market is projected to grow at a CAGR of 33.81% during the forecast period of 2024 to 2032.
The Automotive segment is expected to dominate the South Korea Automotive Battery Thermal Management System Market, holding a largest market share of 660.61 USD Million in 2024
South Korea Automotive Battery Thermal Management System Market Scope
South Korea Automotive Battery Thermal Management System Market Segmentation & Scope
Vehicle
- Others
- Military
- Automotive
Battery Capacity
- More than 200 kWh
- 100 to 200 kWh
- Less than 100 kWh
Type
- Air Cooling and Heating
- PCM
- Liquid Cooling and Heating
Propulsion
- PHEV & FCV
- Battery Electric Vehicle
- Hybrid Electric Vehicle
Technology
- Passive
- Active
Frequently Asked Questions
The South Korea Automotive Battery Thermal Management System Market is segmented based on Segmentation Vehicle,Battery Capacity,Type,Propulsion,Technology.
South Korea Automotive Battery Thermal Management System Market was valued at USD 774.64(Revenue in USD Million) in 2021.
South Korea Automotive Battery Thermal Management System Market is projected to grow at a CAGR of 33.81% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Automotive Battery Thermal Management System Market for final year is USD 4,332.94 (USD Million).
South Korea Automotive Battery Thermal Management System Market Company Profiling
Frequently Asked Questions
The South Korea Automotive Battery Thermal Management System Market is segmented based on Segmentation Vehicle,Battery Capacity,Type,Propulsion,Technology.
South Korea Automotive Battery Thermal Management System Market was valued at USD 774.64(Revenue in USD Million) in 2021.
South Korea Automotive Battery Thermal Management System Market is projected to grow at a CAGR of 33.81% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Automotive Battery Thermal Management System Market for final year is USD 4,332.94 (USD Million).
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