Trouble in Your Tank: Implementing Direct Metallization in Advanced Substrate Packaging
It’s Only Common Sense: Storytelling That Sells—Stop Pitching, Start Painting Pictures
The Right Approach: Get Ready for ISO 9001 Version 6
Automotive Battery Thermal Management System Market Worth $4.24 Billion by 2025
February 23, 2018 | PRNewswireEstimated reading time: 2 minutes
The report “Automotive Battery Thermal Management System Market by Propulsion (BEV, HEV, PHEV, & FCV), Technology (Active and Passive), Vehicle Type (Passenger & Commercial), Battery Type (Conventional & Solid-State), Battery Capacity, and Region - Forecast to 2025", published by MarketsandMarkets, the market is projected to grow at a CAGR of 16.05% during the forecast period, from $1.29 billion in 2017 to $4.24 billion by 2025. Factors such as improved battery performance and efficiency, integration of Automotive Battery Thermal Management System with other electric thermal management systems, and stringent emission regulations by governments have forced the manufacturers to move towards the adoption of hybrid and electric vehicle technology.
BEVs are estimated to showcase the largest demand for Automotive Battery Thermal Management System
The BEV segment is estimated to hold the largest share of the Automotive Battery Thermal Management System Market. The demand for Automotive Battery Thermal Management System in BEVs is influenced by the total sales of BEVs. According to MarketsandMarkets analysis, the BEV sales are projected to grow from 431.3 thousand units in 2017 to 7.2 million units by 2025.
Active technology to be the fastest growing segment of the Automotive Battery Thermal Management System Market
The active technology segment is projected to witness the fastest growth during the forecast period. The growth of this segment can be attributed to the increased efficiency, improved battery performance, and long life from active technology battery thermal management system. The growth can also be attributed to the high growth projections of BEVs in countries such as China and Japan. For instance, China has an ambitious plan of going all electric by 2025. Hence, this system is expected to experience the highest growth during the forecast period.
Asia Pacific is expected to be the largest market for Automotive Battery Thermal Management System
The Automotive Battery Thermal Management System Market for the Asia Pacific is estimated to be the largest, owing to the presence of key countries such as China, Japan, India, and South Korea, which constitute the highest sales of electric and hybrid vehicles globally. According to MarketsandMarkets analysis, China and Japan constitute 50-55% share of the total electric vehicles sold globally. Hence, the Asia Pacific region is estimated to be the largest market for Automotive Battery Thermal Management System.
The Automotive Battery Thermal Management Systems market is dominated by a few global players. Some of the key manufacturers operating in the market are LG Chem (South Korea), Continental (Germany), Gentherm (US), Valeo (France), Calsonic Kansei (Japan), DANA (US), Hanon Systems (Korea), Samsung SDI (Korea), Mahle (Germany), VOSS Automotive (Germany), and CapTherm Systems (Canada). There are certain key innovators gaining attention in the Automotive Battery Thermal Management System Market including LG Chem (South Korea), Tesla (US), and Robert Bosch (Germany).
About MarketsandMarkets
MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Beyond the Board: What Companies Need to Know Before Entering the MilAero PCB Market
09/16/2025 | Jesse Vaughan -- Column: Beyond the BoardThe MilAero electronics supply chain offers opportunities for manufacturers that are both prestigious and strategically important. Serving prime contractors and Tier-1 suppliers can mean long-term program stability and the satisfaction of contributing to national security. At the same time, this sector is unlike commercial electronics in almost every respect. Success requires more than technical capabilities, it requires patience, preparation, attention to detail, and a clear understanding of how the business model differs.
Global Interposer Market to Surge Nearly Fivefold by 2034
09/15/2025 | I-Connect007 Editorial TeamRevenue for the global interposer market is projected to climb from $471 million in 2025 to more than $2.3 billion by 2034, according to a new report from Business Research Insights. The growth represents a CAGR of nearly 20 percent over the forecast period.
Indium Promotes Huang to Senior Manager, Marketing Communications
08/28/2025 | Indium CorporationWith its commitment to innovation and growth through employee development, Indium Corporation announces the promotion of Jingya Huang to Senior Manager, Marketing Communications, to continue to lead the company’s branding and promotional efforts.
India’s PC Market Grows 5.7% YoY in 1H25, Shipping 6.8 Million Units
08/22/2025 | IDCIndia’s traditional PC market (desktops, notebooks, and workstations) grew 3.0% year-over-year (YoY) in 2Q25 with 3.5 million units shipments, according to data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. This marks the eighth consecutive quarter of growth.
Ta Yang Group Holdings Limited Announcing AI Transformation Blueprint
08/21/2025 | ACN NewswireTa Yang Group Holdings Limited, a well-established Hong Kong-listed company with nearly two decades of market presence, plans to further advance comprehensively into the Web 4.0 field and artificial intelligence (AI) industry.