Electric Vehicle Battery Thermal Management System (EV BTMS) Market Growth of US $ 10.25 Billion | Growing Demand for Electric Vehicles and Their Extensive Applications to Drive Growth | Technavio | national news

NEW YORK, November 24, 2021 / PRNewswire / – The the growing demand for electric vehicles and their extensive applications will offer immense opportunities for growth.

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The Electric Vehicle Battery Thermal Management Systems (EV BTMS) market is expected to grow by $ 10.25 billion between 2020 and 2025, according to Technavio. The market is fragmented and the degree of fragmentation will slow down during the forecast period.

Dana Inc., DOBER, DuPont de Nemours Inc, Gentherm Inc., Infineon Technologies AG, MAHLE GmbH, Renesas Electronics Corp., Robert Bosch GmbH, Texas Instruments Inc. and Valeo SA are some of the major players in the market. To make the most of the opportunities, market sellers should focus more on the growth prospects of the fast growing segments, while maintaining their positions in the slow growing segments.

EV BTMS market 2021-2025: key driver

One of the key factors driving the growth of the Electric Vehicle Battery Thermal Management System (EV BTMS) market is the growing demand for electric vehicles and their extensive applications. The Electric Vehicle Battery Thermal Management Systems (EV BTMS) market is driven directly by the growth in BEV and PHEV sales. Factors such as advancements in electric vehicle technologies, improved charging infrastructure, and improved socio-economic conditions are expected to fuel demand for BEVs. The dramatically boosted workload on EV batteries has increased the demand for a BTMS solution that allows for a wider operating temperature range, improved battery life, and increased range of EVs.

EV BTMS Market 2021-2025: Segmentation

  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • AEM
  • Battery Type

Learn about additional trends impacting the future of the market and the positive and negative consequences for businesses. Download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43336

EV BTMS market 2021-2025: Scope

Technavio presents a detailed picture of the market through the study, synthesis and summation of data from multiple sources. Our EV BTMS Market report covers the following areas:

This study identifies BTMS integrated with thermal management systems (TMS) of other electric drive components as one of the key market trends.

EV BTMS Market 2021-2025: Market Analysis

Our research analysts have studied the historical data and deduced the major market drivers of the Electric Vehicle Battery Thermal Management System (EV BTMS) industry. Holistic engine analysis will help infer end goals and refine marketing strategies to gain competitive advantage.

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EV BTMS Market 2021-2025: Highlights

  • Market CAGR during the forecast period 2021-2025
  • In-depth information on factors that will help the Electric Vehicle Battery Thermal Management System (EV BTMS) market growth over the next five years
  • Estimated Electric Vehicle Battery Thermal Management System (EV BTMS) Market Size and Its Contribution to Parent Market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the Electric Vehicle Battery Thermal Management Systems (EV BTMS) market
  • Market competitive landscape analysis and detailed supplier information
  • Complete details on factors that will challenge the growth of Electric Vehicle Battery Thermal Management System (EV BTMS) Market vendors

Associated reports:

Electric Vehicle Range Extenders Market by Application and Geography – Forecast and Analysis

Electric Vehicle Battery Current Sensors Market by Application and Geography – Forecast and Analysis

Scope of the EV BTMS market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Decelerate to a CAGR of 27.49%

Market growth 2021-2025

$ 10.25 billion

Market structure

Fragmented

Annual growth (%)

29.97

Regional analysis

APAC, North America, Europe, South America and MEA

Efficient contribution to the market

44% APAC

Main consumer countries

China, United States, Japan, Germany and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Dana Inc., DOBER, DuPont de Nemours Inc, Gentherm Inc., Infineon Technologies AG, MAHLE GmbH, Renesas Electronics Corp., Robert Bosch GmbH, Texas Instruments Inc. and Valeo SA

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID 19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

Contents:

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Forecast for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new participants
  • The threat of substitutes
  • Threat of rivalry
  • State of the market

Market segmentation by battery type

  • Market segments
  • Comparison by battery type
  • Li-ion Market Size and Forecast 2020-2025
  • Lead Acid Market Size and Forecast 2020-2025
  • Others – Market Size and Forecast 2020-2025
  • Market opportunity by battery type

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC Market Size and Forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market Size and Forecast 2020-2025
  • Main leading countries
  • Market opportunity by geography
  • Market factors
  • Market challenges
  • Market trends

Supplier landscape

  • Overview
  • Supplier landscape
  • Landscape disturbance

Supplier analysis

  • Covered suppliers
  • Positioning of sellers in the market
  • Dana inc.
  • DOBER
  • DuPont de Nemours Inc
  • Gentherm inc.
  • Infineon Technologies AG
  • MAHLE GmbH
  • Renesas Electronics Corp.
  • Robert Bosch GmbH
  • Texas Instruments Inc.
  • Valeo SA

Annex

  • Scope of the report
  • Currency conversion rates for US $
  • Research methodology
  • Abreviations list

About Us

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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