Market Overview Of The Battery Liquid Cooling Plates For Electric Vehicle Market
The Global Battery Liquid Cooling Plates for Electric Vehicle Market size is expected to grow from USD 435.10 Million in 2022 to USD 5032.54 Million by 2030, at a CAGR of 35.8% during the forecast period (2023-2030).
Green energy initiatives implemented by governments around the world are expected to have a positive impact on growth. The automotive industry is in the spotlight, with ongoing research and development for lightweight, energy-efficient, and environmentally friendly material alternatives. The electric vehicle (EV) market has grown dramatically as the world looks to transition to renewable energy sources. The government's push to align itself with global decarbonization goals, as outlined in the Paris Agreement of 2021, has accelerated global EV production. For example, in September 2021, Ford Motor Company announced a USD 11.4 billion investment in its Tennessee and Kentucky plants to produce EVs and lithium-ion batteries by 2025. EV manufacturers use various cooling methods for their vehicles, which aids in addressing thermal management issues. Leaks, corrosion, clogging, extreme weather conditions, and ageing are all common problems. As a result, the battery cooling plate market is expected to expand during the forecast period in order to address such challenges.
Market Dynamics And Factors Of The Battery Liquid Cooling Plates For Electric Vehicle Market
Drivers:
- Growing Advancement In Battery Cooling Technology
Restraints:
- Government Regulation Over Battery Norms For EV
Opportunities:
- Affordable Alternatives To Capture Large Customer Base
Key Industry Developments In The Battery Liquid Cooling Plates For Electric Vehicle Market
April 2022, Matter, a technology start-up, introduces the Matter Energy 1.0 battery pack, which features an Integrated Intelligent Thermal Management System and a Super Smart Battery Management System. The battery pack was designed with future mobility in mind, allowing for greater range while ensuring vehicle safety.
COVID-19 Impact On The Battery Liquid Cooling Plates For Electric Vehicle Market
COVID-19's effects have significantly altered the business environment for 2020 and had a detrimental effect on both production and sales across the board for the automobile industry. The COVID-19 epidemic caused a significant blow to the global economy. Global sales of electric vehicles were, on average, 15% lower in the first half of 2020 than in 2019. The growth of the Battery Liquid Cooling Plates For Electric Vehicle business was adversely impacted by the drop in electric car sales. However, it is anticipated that future market acceptance would be favored by the economic recovery and governments gradually removing lockup restrictions.
Key Players For The Battery Liquid Cooling Plates For Electric Vehicle Market
- Bespoke Composite Panels
- Dana Limited
- Estra Automotive
- HELLA GmbH & Co. KGaA
- KOHSAN Co.Ltd
- MAHLE GmbH
- Modine Manufacturing Company
- Nippon Light Metals
- Priatherm
- SANHUA Automotive And Other Major Key Players.
Battery Liquid Cooling Plates For Electric Vehicle Market
By Product
- Direct Cooling
- Indirect Cooling
By Application
- BEV
- PHEV
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Global Battery Liquid Cooling Plates For Electric Vehicle Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
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Historical Data: |
2017 to 2021 |
Market Size in 2022: |
USD 435.10 Mn. |
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Forecast Period 2022-28 CAGR: |
35.8 % |
Market Size in 2030: |
USD 5032.54 Mn. |
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Segments Covered: |
By Product |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Battery Liquid Cooling Plates For Electric Vehicle Market by Product
5.1 Battery Liquid Cooling Plates For Electric Vehicle Market Overview Snapshot and Growth Engine
5.2 Battery Liquid Cooling Plates For Electric Vehicle Market Overview
5.3 Direct Cooling
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Direct Cooling: Geographic Segmentation
5.4 Indirect Cooling
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Indirect Cooling: Geographic Segmentation
Chapter 6: Battery Liquid Cooling Plates For Electric Vehicle Market by Application
6.1 Battery Liquid Cooling Plates For Electric Vehicle Market Overview Snapshot and Growth Engine
6.2 Battery Liquid Cooling Plates For Electric Vehicle Market Overview
6.3 BEV
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 BEV: Geographic Segmentation
6.4 PHEV
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 PHEV: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Battery Liquid Cooling Plates For Electric Vehicle Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Battery Liquid Cooling Plates For Electric Vehicle Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Battery Liquid Cooling Plates For Electric Vehicle Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 BESPOKE COMPOSITE PANELS
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 DANA LIMITED
7.4 ESTRA AUTOMOTIVE
7.5 HELLA GMBH & CO KGAA
7.6 KOHSAN CO LTD
7.7 MAHLE GMBH
7.8 MODINE MANUFACTURING COMPANY
7.9 NIPPON LIGHT METALS
7.10 PRIATHERM
7.11 SANHUA AUTOMOTIVE
7.12 OTHER MAJOR PLAYERS
Chapter 8: Global Battery Liquid Cooling Plates For Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Product
8.2.1 Direct Cooling
8.2.2 Indirect Cooling
8.3 Historic and Forecasted Market Size By Application
8.3.1 BEV
8.3.2 PHEV
Chapter 9: North America Battery Liquid Cooling Plates For Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Product
9.4.1 Direct Cooling
9.4.2 Indirect Cooling
9.5 Historic and Forecasted Market Size By Application
9.5.1 BEV
9.5.2 PHEV
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Battery Liquid Cooling Plates For Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Product
10.4.1 Direct Cooling
10.4.2 Indirect Cooling
10.5 Historic and Forecasted Market Size By Application
10.5.1 BEV
10.5.2 PHEV
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Battery Liquid Cooling Plates For Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Product
11.4.1 Direct Cooling
11.4.2 Indirect Cooling
11.5 Historic and Forecasted Market Size By Application
11.5.1 BEV
11.5.2 PHEV
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Battery Liquid Cooling Plates For Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Product
12.4.1 Direct Cooling
12.4.2 Indirect Cooling
12.5 Historic and Forecasted Market Size By Application
12.5.1 BEV
12.5.2 PHEV
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Battery Liquid Cooling Plates For Electric Vehicle Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Product
13.4.1 Direct Cooling
13.4.2 Indirect Cooling
13.5 Historic and Forecasted Market Size By Application
13.5.1 BEV
13.5.2 PHEV
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
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Global Battery Liquid Cooling Plates For Electric Vehicle Market |
|||
|
Base Year: |
2022 |
Forecast Period: |
2023-2030 |
|
Historical Data: |
2017 to 2021 |
Market Size in 2022: |
USD 435.10 Mn. |
|
Forecast Period 2022-28 CAGR: |
35.8 % |
Market Size in 2030: |
USD 5032.54 Mn. |
|
Segments Covered: |
By Product |
|
|
|
By Application |
|
||
|
By Region |
|
||
|
Key Market Drivers: |
|
||
|
Key Market Restraints: |
|
||
|
Key Opportunities: |
|
||
|
Companies Covered in the report: |
|
||
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET COMPETITIVE RIVALRY
TABLE 005. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET THREAT OF NEW ENTRANTS
TABLE 006. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET THREAT OF SUBSTITUTES
TABLE 007. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET BY PRODUCT
TABLE 008. DIRECT COOLING MARKET OVERVIEW (2016-2028)
TABLE 009. INDIRECT COOLING MARKET OVERVIEW (2016-2028)
TABLE 010. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET BY APPLICATION
TABLE 011. BEV MARKET OVERVIEW (2016-2028)
TABLE 012. PHEV MARKET OVERVIEW (2016-2028)
TABLE 013. NORTH AMERICA BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY PRODUCT (2016-2028)
TABLE 014. NORTH AMERICA BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 015. N BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 016. EUROPE BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY PRODUCT (2016-2028)
TABLE 017. EUROPE BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 018. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 019. ASIA PACIFIC BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY PRODUCT (2016-2028)
TABLE 020. ASIA PACIFIC BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 021. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 022. MIDDLE EAST & AFRICA BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY PRODUCT (2016-2028)
TABLE 023. MIDDLE EAST & AFRICA BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 024. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 025. SOUTH AMERICA BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY PRODUCT (2016-2028)
TABLE 026. SOUTH AMERICA BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 027. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 028. BESPOKE COMPOSITE PANELS: SNAPSHOT
TABLE 029. BESPOKE COMPOSITE PANELS: BUSINESS PERFORMANCE
TABLE 030. BESPOKE COMPOSITE PANELS: PRODUCT PORTFOLIO
TABLE 031. BESPOKE COMPOSITE PANELS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 031. DANA LIMITED: SNAPSHOT
TABLE 032. DANA LIMITED: BUSINESS PERFORMANCE
TABLE 033. DANA LIMITED: PRODUCT PORTFOLIO
TABLE 034. DANA LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. ESTRA AUTOMOTIVE: SNAPSHOT
TABLE 035. ESTRA AUTOMOTIVE: BUSINESS PERFORMANCE
TABLE 036. ESTRA AUTOMOTIVE: PRODUCT PORTFOLIO
TABLE 037. ESTRA AUTOMOTIVE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. HELLA GMBH & CO KGAA: SNAPSHOT
TABLE 038. HELLA GMBH & CO KGAA: BUSINESS PERFORMANCE
TABLE 039. HELLA GMBH & CO KGAA: PRODUCT PORTFOLIO
TABLE 040. HELLA GMBH & CO KGAA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. KOHSAN CO LTD: SNAPSHOT
TABLE 041. KOHSAN CO LTD: BUSINESS PERFORMANCE
TABLE 042. KOHSAN CO LTD: PRODUCT PORTFOLIO
TABLE 043. KOHSAN CO LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. MAHLE GMBH: SNAPSHOT
TABLE 044. MAHLE GMBH: BUSINESS PERFORMANCE
TABLE 045. MAHLE GMBH: PRODUCT PORTFOLIO
TABLE 046. MAHLE GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. MODINE MANUFACTURING COMPANY: SNAPSHOT
TABLE 047. MODINE MANUFACTURING COMPANY: BUSINESS PERFORMANCE
TABLE 048. MODINE MANUFACTURING COMPANY: PRODUCT PORTFOLIO
TABLE 049. MODINE MANUFACTURING COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. NIPPON LIGHT METALS: SNAPSHOT
TABLE 050. NIPPON LIGHT METALS: BUSINESS PERFORMANCE
TABLE 051. NIPPON LIGHT METALS: PRODUCT PORTFOLIO
TABLE 052. NIPPON LIGHT METALS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. PRIATHERM: SNAPSHOT
TABLE 053. PRIATHERM: BUSINESS PERFORMANCE
TABLE 054. PRIATHERM: PRODUCT PORTFOLIO
TABLE 055. PRIATHERM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. SANHUA AUTOMOTIVE: SNAPSHOT
TABLE 056. SANHUA AUTOMOTIVE: BUSINESS PERFORMANCE
TABLE 057. SANHUA AUTOMOTIVE: PRODUCT PORTFOLIO
TABLE 058. SANHUA AUTOMOTIVE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 059. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 060. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 061. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET OVERVIEW BY PRODUCT
FIGURE 012. DIRECT COOLING MARKET OVERVIEW (2016-2028)
FIGURE 013. INDIRECT COOLING MARKET OVERVIEW (2016-2028)
FIGURE 014. BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET OVERVIEW BY APPLICATION
FIGURE 015. BEV MARKET OVERVIEW (2016-2028)
FIGURE 016. PHEV MARKET OVERVIEW (2016-2028)
FIGURE 017. NORTH AMERICA BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 018. EUROPE BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 019. ASIA PACIFIC BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. MIDDLE EAST & AFRICA BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. SOUTH AMERICA BATTERY LIQUID COOLING PLATES FOR ELECTRIC VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Battery Liquid Cooling Plates For Electric Vehicle Market research report is 2023-2030.
Bespoke Composite Panels, Dana Limited, Estra Automotive, HELLA GmbH & Co. KGaA, KOHSAN Co., Ltd, MAHLE GmbH, Modine Manufacturing Company, Nippon Light Metals, Priatherm, SANHUA Automotive and other major players.
The Battery Liquid Cooling Plates For Electric Vehicle Market is segmented into Product, Application, and region. By Product, the market is categorized into Direct Cooling, Indirect Cooling. By Application, the market is categorized into BEV, PHEV. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
A liquid-cooled plate heat exchanger was developed to extend the life of an electric vehicle's battery, which suffers from premature ageing or degradation due to heat generation during the discharging and charging process.
The Global Battery Liquid Cooling Plates for Electric Vehicle Market size is expected to grow from USD 435.10 Million in 2022 to USD 5032.54 Million by 2030, at a CAGR of 35.8% during the forecast period (2023-2030).
