Global Automotive Battery Thermal Management System Market Highlights:
The Battery Thermal Management System (BTMS) plays a vital role in controlling the thermal behavior of battery cells. The battery thermal management system manufacturers are testing new materials, arrangements, design, and technologies to improve the overall durability of the powertrain technology. Battery manufacturers are facing issues in energy consumption of automotive electrical equipment. Stringent emission norms will enable key battery manufacturers to adopt the latest energy-efficient technologies. In addition to that, energy efficient technology will minimize heat dissipation through an electric inverter, electric control unit, and water pump in order to improve the overall dynamics of battery thermal management system.
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Automotive Battery Thermal Management System Market Key Companies Studied in this report are 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.
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.
The automotive battery thermal management system market is segmented into technology, propulsion, battery capacity, and vehicle type. On the basis of technology, forced air system and liquid system are widely used and cover the majority of battery thermal management system market. On the basis of propulsion, the Battery Electric Vehicle (BEV) has the largest demand for automotive battery thermal management system. On the basis of vehicle type, passenger vehicles cover the majority of market share. Very few players, such as BYD Co. and Volvo, are present in the electric commercial vehicle industry, which are working on electric driven vehicles.
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The report gives the clear picture of current Automotive Battery Thermal Management System market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Stud
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4.2 Forward Collision Warning
4.3 Dynamic Brake Support
4.4 Crash Imminent Braking
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