Automotive Battery Thermal Management System Market Outlook To 2023Posted by Abhijeet Bendre on March 12th, 2019 Automotive Battery Thermal Management System Market Research Report - Forecast to 2023. Global Automotive Battery Thermal Management System Market Information by Technology (Air, Liquid, Phase Change Material, Thermo electrics), Propulsion (BEV, HEV, PHEV & FCV), Battery Capacity, Vehicle Type (Passenger & Commercial) and Region. The increasing inclination for electric driven vehicles is expected to open up new avenues for growth in the automotive battery thermal management system market. Strict emission norms imposed by global government and regulatory authorities in terms of carbon emissions is expected to broaden the scope of development of the market in the upcoming years. The market is anticipated to gain due to the prevalence of energy efficient technology that lessens heat dissipation through an electric control unit, electric inverter, and water pump in order to recover the complete dynamics of battery thermal management system. Segmental Analysis The automotive battery thermal management system market is segmented on the basis of technology, propulsion, battery capacity, vehicle type and region. On the basis of Technology, the market is segmented into air, phase change material, liquid and thermoelectrics. On the basis of propulsion, the market is segmented into HEV, BEV, PHEV & FCV. On the basis of battery capacity, the market is segmented into 0 – 200 KWh, 200 – 500 KWh and > 500 KWh. By vehicle type, the automotive battery thermal management system market is divided into commercial and passenger. On the basis of region, the market consists of Europe, APAC, North America and Rest of the world. The market is segmented based on America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to dominate the market in future because of government ambition plan for electric vehicles. For instance, Chinese companies, such as BYD Co. and BAIC Motor Corp., and Japanese companies, such as Nissan and Mitsubishi, are investing huge amount money on electric vehicles. America market is second to the Asia Pacific market in battery thermal management system. Thus, the automotive battery thermal management system market is estimated to grow at approximately 16% CAGR during the period 2017-2023. Key Players The key players in automotive battery thermal management system market are LG Chem (South Korea), Continental (Germany), GenTherm (U.S.), Robert Bosch (Germany), Valeo (France), Calsonic Kansei (Japan), DANA (U.S.), Hanon Systems (Korea), Samsung SDI (Korea), Mahle (Germany), VOSS Automotive (Germany), and CapTherm Systems (Canada), among others. More Automotive Battery Thermal Management System Market News At: https://www.reuters.com/brandfeatures/venture-capital/article?id=59002 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Us: Amanora Chambers, Magarpatta Road, Hadapsar Pune – 411028 Maharashtra, India+1 646 845 9312 Like it? Share it! More by this author |