Market Overview Of The Electric Vehicle Cooling Systems Market

The Global Electric Vehicle Cooling Systems Market size is expected to grow from USD 2.04 billion in 2022 to USD 2.75 billion by 2030, at a CAGR of 3.8% during the forecast period (2023-2030).

The cooling system is the system required the maintain the temperature of the battery of the electric vehicle. For mobility, electric vehicles depend on rechargeable batteries. Batteries in electric vehicles generate heat as they provide electricity to the motors, the thermal management system is required the maintain the temperature of the battery. The battery cooling system is a type of thermal management system and it in electric vehicles helps to regulate the temperature of the battery and other electronics systems. Overheating is one of the major causes the increasing rate of battery degradation in electric vehicles. The battery has to work hard and loses performance over time due to heat generation. Fast and rapid charging of the battery using direct current increases the temperature of the battery, which is dangerous for the battery's health. The high internal temperature of the battery causes the evaporation of the battery fluid and result in permanent damage to the internal structure of battery. As the temperature rises, decreases the battery life, driveability, and efficiency. In electric vehicles, a battery cooling system is crucial to maintain the temperature of the battery and improve its life, and efficiency. The popularity of the electric vehicle with the adoption of the fast charging station is increased which supports the growth of the market of EV cooling systems.

Electric Vehicle Cooling Systems Market

Market Dynamics And Factors Of The Electric Vehicle Cooling Systems Market

Drivers:

  • Growing Adoption of the Electric Vehicle With Fast Charging Technologies

Restraints:

  • High Cost Required For The Installation Of Cooling System

Opportunities:

  • The Automotive Manufacturer Focused On Development Of Advanced Cooling System

Key Industry Developments In The Electric Vehicle Cooling Systems Market

In September 2021, Mahle, a specialist in thermal management developed a new cooling system for a battery of faster charging electric cars. Cooling is the major challenge, especially for fast-charging electric cars. To decrease the fear of this challenge Mahle launched a new cooling system.

COVID-19 Impact On The Electric Vehicle Cooling Systems Market

The automotive industry's operations have been significantly changed as a result of COVID-19.. The production of electrical vehicles was stopped during the pandemic due to travel limitations, supply chain disruptions, social distancing, labor shortages, a lack of investment, and falling demand for automobiles. During the pandemic, the supply of raw materials for the cooling system is hugely impacted. The cost required for the development of the cooling system for an electric vehicle is high. During the covid-19 people suffered from the financial crisis, therefore the less investment by the public as well as manufacturers in the development of the cooling system for the electric vehicle. Thus, the covid-19 impacted the electric vehicle cooling system market.

Key Players For The Electric Vehicle Cooling Systems Market

  • Robert Bosch GmbH
  • Gentherm Incorporated
  • Valeo
  • Dana Incorporated
  • Mahle GmbH
  • Hanon Systems
  • Voss Automotive GmbH
  • 3M
  • Grayson
  • Polymer Science Inc.
  • Lord Corporation

Global Electric Vehicle Cooling System Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data :

2016 to 2021

Market Size in 2022:

USD 2.04 Bn.

Forecast Period 2022-30 CAGR:

3.8%

Market Size in 2030:

USD 2.75 Bn.

Segments Covered:

By System Type

  • Air Cooling System
  • Liquid Cooling System

By Vehicle Type

  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug-in-Hybrid Electric Vehicle
  • Fuel Cell Electric Vehicle

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Adoption of the Electric Vehicle With Fast Charging Technologies

Key Market Restraints:

  • High Cost Required For The Installation Of Cooling System

Key Opportunities:

  • The Automotive Manufacturer Focused On Development Of Advanced Cooling System

Companies Covered in the report:

  • Robert Bosch GmbH, Gentherm Incorporated, Valeo, Dana Incorporated, Mahle GmbH, and Other major players.

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 System Type
 3.2 By Vehicle Type

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: Electric Vehicle Cooling Systems Market by System Type
 5.1 Electric Vehicle Cooling Systems Market Overview Snapshot and Growth Engine
 5.2 Electric Vehicle Cooling Systems Market Overview
 5.3 Air Cooling System
  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 Air Cooling System: Geographic Segmentation
 5.4 Liquid Cooling System
  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 Liquid Cooling System: Geographic Segmentation

Chapter 6: Electric Vehicle Cooling Systems Market by Vehicle Type
 6.1 Electric Vehicle Cooling Systems Market Overview Snapshot and Growth Engine
 6.2 Electric Vehicle Cooling Systems Market Overview
 6.3 Battery Electric Vehicle
  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 Battery Electric Vehicle: Geographic Segmentation
 6.4 Hybrid Electric Vehicle
  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 Hybrid Electric Vehicle: Geographic Segmentation
 6.5 Plug-in-Hybrid Electric Vehicle
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Plug-in-Hybrid Electric Vehicle: Geographic Segmentation
 6.6 Fuel Cell Electric Vehicle
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Fuel Cell Electric Vehicle: Geographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Electric Vehicle Cooling Systems Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Electric Vehicle Cooling Systems Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Electric Vehicle Cooling Systems Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 ROBERT BOSCH GMBH
  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 GENTHERM INCORPORATED
 7.4 VALEO
 7.5 DANA INCORPORATED
 7.6 MAHLE GMBH
 7.7 HANON SYSTEMS
 7.8 VOSS AUTOMOTIVE GMBH
 7.9 3M
 7.10 GRAYSON
 7.11 POLYMER SCIENCE INC.
 7.12 LORD CORPORATION
 7.13 OTHER MAJOR PLAYERS

Chapter 8: Global Electric Vehicle Cooling Systems Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By System Type
  8.2.1 Air Cooling System
  8.2.2 Liquid Cooling System
 8.3 Historic and Forecasted Market Size By Vehicle Type
  8.3.1 Battery Electric Vehicle
  8.3.2 Hybrid Electric Vehicle
  8.3.3 Plug-in-Hybrid Electric Vehicle
  8.3.4 Fuel Cell Electric Vehicle

Chapter 9: North America Electric Vehicle Cooling Systems 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 System Type
  9.4.1 Air Cooling System
  9.4.2 Liquid Cooling System
 9.5 Historic and Forecasted Market Size By Vehicle Type
  9.5.1 Battery Electric Vehicle
  9.5.2 Hybrid Electric Vehicle
  9.5.3 Plug-in-Hybrid Electric Vehicle
  9.5.4 Fuel Cell Electric Vehicle
 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 Electric Vehicle Cooling Systems 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 System Type
  10.4.1 Air Cooling System
  10.4.2 Liquid Cooling System
 10.5 Historic and Forecasted Market Size By Vehicle Type
  10.5.1 Battery Electric Vehicle
  10.5.2 Hybrid Electric Vehicle
  10.5.3 Plug-in-Hybrid Electric Vehicle
  10.5.4 Fuel Cell Electric Vehicle
 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 Electric Vehicle Cooling Systems 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 System Type
  11.4.1 Air Cooling System
  11.4.2 Liquid Cooling System
 11.5 Historic and Forecasted Market Size By Vehicle Type
  11.5.1 Battery Electric Vehicle
  11.5.2 Hybrid Electric Vehicle
  11.5.3 Plug-in-Hybrid Electric Vehicle
  11.5.4 Fuel Cell Electric Vehicle
 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 Electric Vehicle Cooling Systems 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 System Type
  12.4.1 Air Cooling System
  12.4.2 Liquid Cooling System
 12.5 Historic and Forecasted Market Size By Vehicle Type
  12.5.1 Battery Electric Vehicle
  12.5.2 Hybrid Electric Vehicle
  12.5.3 Plug-in-Hybrid Electric Vehicle
  12.5.4 Fuel Cell Electric Vehicle
 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 Electric Vehicle Cooling Systems 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 System Type
  13.4.1 Air Cooling System
  13.4.2 Liquid Cooling System
 13.5 Historic and Forecasted Market Size By Vehicle Type
  13.5.1 Battery Electric Vehicle
  13.5.2 Hybrid Electric Vehicle
  13.5.3 Plug-in-Hybrid Electric Vehicle
  13.5.4 Fuel Cell Electric Vehicle
 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

Global Electric Vehicle Cooling System Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data :

2016 to 2021

Market Size in 2022:

USD 2.04 Bn.

Forecast Period 2022-30 CAGR:

3.8%

Market Size in 2030:

USD 2.75 Bn.

Segments Covered:

By System Type

  • Air Cooling System
  • Liquid Cooling System

By Vehicle Type

  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug-in-Hybrid Electric Vehicle
  • Fuel Cell Electric Vehicle

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Adoption of the Electric Vehicle With Fast Charging Technologies

Key Market Restraints:

  • High Cost Required For The Installation Of Cooling System

Key Opportunities:

  • The Automotive Manufacturer Focused On Development Of Advanced Cooling System

Companies Covered in the report:

  • Robert Bosch GmbH, Gentherm Incorporated, Valeo, Dana Incorporated, Mahle GmbH, and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ELECTRIC VEHICLE COOLING SYSTEMS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ELECTRIC VEHICLE COOLING SYSTEMS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ELECTRIC VEHICLE COOLING SYSTEMS MARKET COMPETITIVE RIVALRY
TABLE 005. ELECTRIC VEHICLE COOLING SYSTEMS MARKET THREAT OF NEW ENTRANTS
TABLE 006. ELECTRIC VEHICLE COOLING SYSTEMS MARKET THREAT OF SUBSTITUTES
TABLE 007. ELECTRIC VEHICLE COOLING SYSTEMS MARKET BY SYSTEM TYPE
TABLE 008. AIR COOLING SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 009. LIQUID COOLING SYSTEM MARKET OVERVIEW (2016-2028)
TABLE 010. ELECTRIC VEHICLE COOLING SYSTEMS MARKET BY VEHICLE TYPE
TABLE 011. BATTERY ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
TABLE 012. HYBRID ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
TABLE 013. PLUG-IN-HYBRID ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
TABLE 014. FUEL CELL ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
TABLE 015. NORTH AMERICA ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 016. NORTH AMERICA ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 017. N ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 018. EUROPE ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 019. EUROPE ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 020. ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 021. ASIA PACIFIC ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 022. ASIA PACIFIC ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 023. ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 026. ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 027. SOUTH AMERICA ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY SYSTEM TYPE (2016-2028)
TABLE 028. SOUTH AMERICA ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 029. ELECTRIC VEHICLE COOLING SYSTEMS MARKET, BY COUNTRY (2016-2028)
TABLE 030. ROBERT BOSCH GMBH: SNAPSHOT
TABLE 031. ROBERT BOSCH GMBH: BUSINESS PERFORMANCE
TABLE 032. ROBERT BOSCH GMBH: PRODUCT PORTFOLIO
TABLE 033. ROBERT BOSCH GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 033. GENTHERM INCORPORATED: SNAPSHOT
TABLE 034. GENTHERM INCORPORATED: BUSINESS PERFORMANCE
TABLE 035. GENTHERM INCORPORATED: PRODUCT PORTFOLIO
TABLE 036. GENTHERM INCORPORATED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. VALEO: SNAPSHOT
TABLE 037. VALEO: BUSINESS PERFORMANCE
TABLE 038. VALEO: PRODUCT PORTFOLIO
TABLE 039. VALEO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. DANA INCORPORATED: SNAPSHOT
TABLE 040. DANA INCORPORATED: BUSINESS PERFORMANCE
TABLE 041. DANA INCORPORATED: PRODUCT PORTFOLIO
TABLE 042. DANA INCORPORATED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. MAHLE GMBH: SNAPSHOT
TABLE 043. MAHLE GMBH: BUSINESS PERFORMANCE
TABLE 044. MAHLE GMBH: PRODUCT PORTFOLIO
TABLE 045. MAHLE GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. HANON SYSTEMS: SNAPSHOT
TABLE 046. HANON SYSTEMS: BUSINESS PERFORMANCE
TABLE 047. HANON SYSTEMS: PRODUCT PORTFOLIO
TABLE 048. HANON SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. VOSS AUTOMOTIVE GMBH: SNAPSHOT
TABLE 049. VOSS AUTOMOTIVE GMBH: BUSINESS PERFORMANCE
TABLE 050. VOSS AUTOMOTIVE GMBH: PRODUCT PORTFOLIO
TABLE 051. VOSS AUTOMOTIVE GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. 3M: SNAPSHOT
TABLE 052. 3M: BUSINESS PERFORMANCE
TABLE 053. 3M: PRODUCT PORTFOLIO
TABLE 054. 3M: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. GRAYSON: SNAPSHOT
TABLE 055. GRAYSON: BUSINESS PERFORMANCE
TABLE 056. GRAYSON: PRODUCT PORTFOLIO
TABLE 057. GRAYSON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. POLYMER SCIENCE INC.: SNAPSHOT
TABLE 058. POLYMER SCIENCE INC.: BUSINESS PERFORMANCE
TABLE 059. POLYMER SCIENCE INC.: PRODUCT PORTFOLIO
TABLE 060. POLYMER SCIENCE INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. LORD CORPORATION: SNAPSHOT
TABLE 061. LORD CORPORATION: BUSINESS PERFORMANCE
TABLE 062. LORD CORPORATION: PRODUCT PORTFOLIO
TABLE 063. LORD CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 064. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 065. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 066. 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. ELECTRIC VEHICLE COOLING SYSTEMS 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. ELECTRIC VEHICLE COOLING SYSTEMS MARKET OVERVIEW BY SYSTEM TYPE
FIGURE 012. AIR COOLING SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 013. LIQUID COOLING SYSTEM MARKET OVERVIEW (2016-2028)
FIGURE 014. ELECTRIC VEHICLE COOLING SYSTEMS MARKET OVERVIEW BY VEHICLE TYPE
FIGURE 015. BATTERY ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
FIGURE 016. HYBRID ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
FIGURE 017. PLUG-IN-HYBRID ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
FIGURE 018. FUEL CELL ELECTRIC VEHICLE MARKET OVERVIEW (2016-2028)
FIGURE 019. NORTH AMERICA ELECTRIC VEHICLE COOLING SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. EUROPE ELECTRIC VEHICLE COOLING SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. ASIA PACIFIC ELECTRIC VEHICLE COOLING SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. MIDDLE EAST & AFRICA ELECTRIC VEHICLE COOLING SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. SOUTH AMERICA ELECTRIC VEHICLE COOLING SYSTEMS MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be forecast period in the Electric Vehicle Cooling System Market research report?

The forecast period in the Electric Vehicle Cooling System Market research report is 2022-2028.

Who are the key players in Electric Vehicle Cooling System Market?

Robert Bosch GmbH, Gentherm Incorporated, Valeo, Dana Incorporated, Mahle GmbH, Hanon Systems, Voss Automotive GmbH, 3M, Grayson, Polymer Science Inc., Lord Corporation, and other major players.

What are the segments of the Electric Vehicle Cooling System Market?

The Electric Vehicle Cooling System Market is segmented into System Type, Vehicle Type, and region. By System Type, the market is categorized into Air Cooling System, Liquid Cooling System. By Vehicle Type, the market is categorized into Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in-Hybrid Electric Vehicle, Fuel Cell Electric Vehicle. 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.).

What is the Electric Vehicle Cooling System Market?

The cooling system is the system required the maintain the temperature of the battery of the electric vehicle. For mobility, electric vehicles depend on rechargeable batteries. Batteries in electric vehicles generate heat as they provide electricity to the motors, the thermal management system is required the maintain the temperature of the battery.

How big is the Electric Vehicle Cooling System Market?

The Global Electric Vehicle Cooling Systems Market size is expected to grow from USD 2.04 billion in 2022 to USD 2.75 billion by 2030, at a CAGR of 3.8% during the forecast period (2023-2030).