市場調査レポート

商品コード

1419700

EVバッテリーパック冷却システム市場：世界および地域別分析 - 分析と予測（2023年～2033年）

EV Battery Pack Cooling System Market: A Global and Regional Analysis, 2023-2033

出版日: 2024年02月02日
発行: BIS Research
ページ情報: 英文 137 Pages
納期: 1～5営業日

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概要
図表
目次

概要

サンプル依頼リストに入れる

EVバッテリーパック冷却システムの市場規模は、2023年に29億3,000万米ドルとなりました。

同市場は、15.39%のCAGRで拡大し、2033年には122億8,000万米ドルに達すると予測されています。EVバッテリーパック冷却システム市場は、電気自動車需要の高まりにより、液体冷却、適応制御、急速充電技術、環境に優しいソリューションなどの技術革新を推進しています。OEMとサプライヤーの協力関係や規制のシフトがこのダイナミックな市場をさらに形成し、バッテリーの性能と安全性を最適化するための信頼性の高い効率的な冷却に注目が集まっています。

主要市場統計
予測期間	2023年～2033年
2023年評価	29億3,000万米ドル
2033年予測	122億8,000万米ドル
CAGR	15.39%

EVバッテリーパック冷却システムは、電気自動車のバッテリーパック内の温度を管理・調整するために設計されたコンポーネントとメカニズムの統合システムです。その主な目的は、バッテリーの最適な動作温度を維持し、効率的な性能、寿命、安全性を確保することです。EVバッテリーパックの冷却システムは、バッテリーの性能、寿命、安全性に影響を与える過熱などの温度関連の問題を軽減する上で重要な役割を果たします。温度を効果的に管理することで、このシステムは電気自動車のバッテリーの最適な機能と寿命を保証します。

EVバッテリーパック冷却システムは、電気自動車バッテリーの最適な性能、安全性、寿命を保証する重要なコンポーネントです。バッテリーパック内の温度変動を管理し、過熱を防止して効率的な動作を保証します。液冷または空冷システムを採用することで、バッテリーの寿命を延ばし、航続距離を延ばし、高速充電を可能にするために温度を調整します。材料、熱管理、AI駆動技術の進歩により、これらのシステムは継続的に改善されています。急成長する電気自動車市場において、これらの冷却システムはEVの性能、安全性、信頼性を維持する上で極めて重要な役割を担っており、自動車業界の技術革新と市場成長を促進しています。

EVバッテリーパック冷却システム市場の産業への影響は、自動車製造、技術開発、持続可能なモビリティに及んでいます。その進歩は熱管理における技術革新を促進し、より安全で効率的な電気自動車を育成します。これにより、自動車メーカーと冷却システム・サプライヤーとの協力関係が促進され、製造基準が向上し、研究開発の限界が押し上げられます。さらに、専門的なエンジニアリングおよび生産部門における雇用創出も促進し、より広範な電動モビリティ・エコシステムを支えています。さらに、環境に優しく効率的な冷却ソリューションへの注目は、世界の持続可能性目標に合致し、より広範な産業慣行に影響を与え、環境に優しい自動車技術を促進します。

当レポートでは、世界のEVバッテリーパック冷却システム市場について調査し、市場の概要とともに、車両タイプ別、推進タイプ別、システムタイプ別、地域別の動向、および市場に参入する企業のプロファイルなどを提供しています。

List of Figures

Figure 1: EV Battery Pack Cooling System Market (by Scenario), $Billion, 2022, 2026, and 2033
Figure 2: EV Battery Pack Cooling System Market (by Region), $Million, 2022, 2026, 2033
Figure 3: EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022, 2026, 2033
Figure 4: EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022, 2026, 2033
Figure 5: EV Battery Pack Cooling System Market (by System Type), $Million, 2022, 2026, 2033
Figure 6: Key Events
Figure 7: Sales of Electric Cars
Figure 8: Supply Chain and Risks within the Supply Chain
Figure 9: Value Chain Analysis
Figure 10: Patent Analysis (by Number of Patents), January 2020-December 2023
Figure 11: Patent Analysis (by Country), January 2020-December 2023
Figure 12: Impact Analysis of Market Navigating Factors, 2023-2033
Figure 13: Driving Range of Various Electric Vehicles
Figure 14: Component Struture for HEV, PHEV, and BEV
Figure 15: U.S. EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 16: Canada EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 17: Mexico EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 18: Germany EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 19: France EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 20: Italy EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 21: U.K. EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 22: Rest-of-Europe EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 23: China EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 24: Japan EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 25: South Korea EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 26: India EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 27: Rest-of-Asia-Pacific EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 28: Middle East and Africa EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 29: South America EV Battery Pack Cooling System Market, $Million, 2022-2033
Figure 30: Strategic Initiatives, 2020-2023
Figure 31: Share of Strategic Initiatives
Figure 32: Data Triangulation
Figure 33: Top-Down and Bottom-Up Approach
Figure 34: Assumptions and Limitations

List of Tables

Table 1: Market Snapshot
Table 2: Opportunities across Region
Table 3: Competitive Landscape Snapshot
Table 4: Trends Overview
Table 5: Effect of Thermal Conditions on EV Batteries
Table 6: Global EV Battery Pack Cooling System Market (by Region), $Million, 2022-2033
Table 7: North America EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 8: North America EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 9: North America EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 10: U.S. EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 11: U.S. EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 12: U.S. EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 13: Canada EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 14: Canada EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 15: Canada EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 16: Mexico EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 17: Mexico EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 18: Mexico EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 19: Europe EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 20: Europe EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 21: Europe EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 22: Germany EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 23: Germany EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 24: Germany EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 25: France EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 26: France EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 27: France EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 28: Italy EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 29: Italy EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 30: Italy EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 31: U.K. EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 32: U.K. EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 33: U.K. EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 34: Rest-of-Europe EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 35: Rest-of-Europe EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 36: Rest-of-Europe EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 37: Asia-Pacific EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 38: Asia-Pacific EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 39: Asia-Pacific EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 40: China EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 41: China EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 42: China EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 43: Japan EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 44: Japan EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 45: Japan EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 46: South Korea EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 47: South Korea EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 48: South Korea EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 49: India EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 50: India EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 51: India EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 52: Rest-of-Asia-Pacific EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 53: Rest-of-Asia-Pacific EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 54: Rest-of-Asia-Pacific EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 55: Rest-of-the-World EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 56: Rest-of-the-World EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 57: Rest-of-the-World EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 58: Middle East and Africa EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 59: Middle East and Africa EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 60: Middle East and Africa EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 61: South America EV Battery Pack Cooling System Market (by Vehicle Type), $Million, 2022-2033
Table 62: South America EV Battery Pack Cooling System Market (by Propulsion Type), $Million, 2022-2033
Table 63: South America EV Battery Pack Cooling System Market (by System Type), $Million, 2022-2033
Table 64: Market Share

Product Code: AME1751SA

“The Global EV Battery Pack Cooling System Market Expected to Reach $12.28 Billion by 2033.”

EV Battery Pack Cooling System Market Overview

The EV battery pack cooling system market was valued at $2.93 billion in 2023, and it is expected to grow at a CAGR of 15.39% and reach $12.28 billion by 2033. The EV battery pack cooling system market thrives due to rising electric vehicle demand, driving innovations in liquid cooling, adaptive controls, fast-charging tech, and eco-friendly solutions. OEM-supplier collaborations and regulatory shifts further shape this dynamic market, focusing on reliable, efficient cooling for optimal battery performance and safety.

KEY MARKET STATISTICS
Forecast Period	2023 - 2033
2023 Evaluation	$2.93 Billion
2033 Forecast	$12.28 Billion
CAGR	15.39%

Introduction of EV Battery Pack Cooling System

EV battery pack cooling system is the integrated system of components and mechanisms designed to manage and regulate the temperature within the battery pack of an electric vehicle. Its primary objective is to maintain optimal operating temperatures for the batteries, ensuring efficient performance, longevity, and safety. The EV battery pack cooling system plays a crucial role in mitigating temperature-related issues such as overheating, which can affect battery performance, lifespan, and safety. By managing temperatures effectively, this system ensures the optimal functioning and longevity of the batteries in electric vehicles.

Market Introduction

The EV battery pack cooling system is a critical component ensuring optimal performance, safety, and longevity of electric vehicle batteries. It manages temperature fluctuations within the battery pack, preventing overheating and ensuring efficient operation. By employing liquid or air-cooled systems, it regulates temperatures to extend battery life, enhance driving range, and enable faster charging. Advancements in materials, thermal management, and AI-driven technologies continuously improve these systems. With the burgeoning electric vehicle market, these cooling systems play a pivotal role in sustaining EV performance, safety, and reliability, fostering innovation and market growth in the automotive industry.

Industrial Impact

The EV battery pack cooling system market's industrial impact extends across automotive manufacturing, technology development, and sustainable mobility. Its advancements drive innovation in thermal management, fostering safer and more efficient electric vehicles. This spurs collaborations between automakers and cooling system suppliers, elevating manufacturing standards and pushing R&D boundaries. Additionally, it fuels job creation in specialized engineering and production sectors, supporting the broader electric mobility ecosystem. Moreover, the focus on eco-friendly and efficient cooling solutions aligns with global sustainability goals, influencing broader industrial practices and promoting greener automotive technologies.

The key players operating in the EV battery pack cooling system market include Boyd Corporation, Dana Limited, E-MERSIV, Hanon Systems, Kreisel Electric, MAHLE GmbH, Miba AG, Modine Manufacturing Company, RIGID HVAC, TotalEnergies, Valeo, Vikas Group, VOSS Automotive, Inc., Webasto Group, and XING Mobility, among others. These companies are focusing on strategic partnerships, collaborations, and acquisitions to enhance their product offerings and expand their market presence.

Market Segmentation:

Segmentation 1: by Vehicle Type

Passenger Vehicle
Commercial Vehicle

Passenger Vehicle to Dominate the EV Battery Pack Cooling System Market (by Vehicle Type)

Passenger vehicles make up a significantly larger portion of the overall automotive market compared to commercial vehicles. This sheer volume contributes to a larger demand for EV battery pack cooling systems in the passenger vehicle segment. Consumer interest in and adoption of electric passenger vehicles have been stronger than that of electric commercial vehicles. Factors such as cost savings, environmental consciousness, and government incentives have driven this demand. The focus on developing advanced cooling systems has primarily been directed toward passenger vehicles due to their higher market share. Manufacturers often prioritize R&D efforts on passenger EVs to improve efficiency, range, and performance. All this is expected to drive the EV battery pack cooling system market during the forecast period 2023-2033.

Segmentation 2: by Propulsion Type

Battery Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle

Battery Electric Vehicle to Dominate the EV Battery Pack Cooling System Market (by Propulsion Type)

Battery electric vehicle (BEV) is expected to continue dominating the EV battery pack cooling system market. BEVs have been at the forefront of the electric vehicle revolution. They solely rely on battery power for propulsion, making their cooling system a crucial component for efficient and safe operation. Efficient cooling systems directly impact the range and performance of BEVs. Better thermal management enhances battery life, extends driving range, and allows for faster charging, making these systems pivotal for BEV success. While plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs) also utilize batteries and require cooling systems, their reliance on internal combustion engines alongside electric power might result in less stringent cooling system requirements compared to BEVs.

Segmentation 3: by System Type

Air Cooling System
Liquid Cooling Systems

Liquid Cooling System to be Dominant in the EV Battery Pack Cooling System Market (by System Type)

Liquid cooling systems are highly efficient at managing temperature fluctuations within the battery pack. They can effectively dissipate heat from the cells, ensuring optimal operating conditions and enhancing the overall longevity and performance of the battery. For electric vehicles requiring high power output or performance (such as many passenger EVs), liquid cooling is often preferred due to its ability to manage higher heat loads more effectively compared to air-cooled systems. As battery capacities increase, such as in long-range EVs, liquid cooling becomes more crucial. It helps distribute the cooling effect evenly across a larger battery pack, maintaining consistent temperatures throughout. Ongoing advancements in liquid cooling systems, including the development of more efficient coolant materials and designs, have further reinforced their dominance in the market.

Segmentation 4: by Region

North America: U.S., Canada, and Mexico

Europe: Germany, France, Italy, U.K., and Rest-of-Europe

Asia-Pacific: China, Japan, South Korea, India, and Rest-of-Asia-Pacific

Rest-of-the-World: Middle East and Africa and South America

The Asia-Pacific region is a dominant force in the EV battery pack cooling system market. This was primarily due to the robust presence of EV manufacturing hubs, technological advancements, and supportive government policies promoting electric vehicle adoption in countries such as China, Japan, South Korea, India, and Rest-of-Asia-Pacific. Asia-Pacific nations, particularly China, have been leading in EV production. Their expertise in manufacturing and economies of scale have enabled them to lead in producing battery packs and associated cooling systems. Continuous innovation in cooling systems for EV batteries was a key factor. Asian countries, with their strong R&D focus, have been at the forefront of developing more efficient and effective cooling technologies. Substantial government incentives, subsidies, and regulations supporting the adoption of electric vehicles have played a significant role in propelling the market in this region.

Recent Developments in the EV Battery Pack Cooling System Market

In August 2023, Boyd Corporation collaborated with E-valucon and developed a liquid-to-air cooling system tailored for DC Fast Charging (DCFC) cables and connectors, facilitating rapid and secure charging. The use of eco-friendly coolants underscores the environmentally conscious nature of the liquid-cooled technology.

In October 2022, TotalEnergies and Valeo disclosed their collaboration agreement to pioneer an advanced method for cooling electric vehicle batteries. This groundbreaking approach involves utilizing an exceptionally high-performance dielectric fluid.

In September 2021, MAHLE GmbH introduced an innovative cooling system designed specifically for batteries. Cooling poses a significant challenge, particularly in rapidly charging battery-powered electric vehicles. To address this, the automotive supplier based in Stuttgart has embraced immersion cooling as a pivotal technology.

Demand - Drivers, Limitations, and Opportunities

Market Demand Drivers: Enhancing the Driving Range of Electric Vehicles

One of the biggest barriers to the adoption of electric cars is range anxiety. Although the EV driving range has significantly expanded in recent years, there is still a common perception that these vehicles would run out of battery and leave their passengers stranded. Commercial fleets are likewise hesitant to adopt electric vehicles, citing range anxiety as a reason. Fleet owners worry that EVs will result in decreased productivity and higher maintenance expenses. In recent years, various OEMs have invested in developing EVs with a greater driving range, which is expected to drive the adoption of EVs

Several companies have started developing fluids and coolants for electric vehicles that will be used to increase battery power and eliminate range anxiety. These battery cooling pack systems will contribute to increased battery capacity and cell longevity, thereby expected to drive the EV battery pack cooling system market over the forecast period from 2023 to 2033.

Market Challenges: Higher Cost of EV Battery Pack Cooling System

High cost has been a key deterrent to increasing the sales of electric vehicles. Many promoters of electric vehicles have often compared the cost of regular gasoline with eGallon to showcase the cost savings with an electric vehicle. eGallon is defined by the U.S. Department of Energy as the cost of powering a vehicle through electricity. As of June 2022, eGallon has become cheaper by $3.26 as compared to gasoline. Also, as EVs have fewer moving parts, they incur less maintenance costs than internal combustion engine vehicles. These benefits make EVs smart long-term investments.

Developing intricate cooling systems that efficiently manage heat while being compatible with various battery designs adds complexity and raises production costs. Moreover, incorporating cutting-edge cooling technology, such as liquid cooling or intelligent thermal management, involves higher material and R&D expenses, contributing to elevated system costs. The cost of scaling production to meet the rising demand for electric vehicles can also drive up the expenses related to manufacturing cooling systems. The higher cost of these systems might reflect in the overall vehicle price, impacting consumer affordability and potentially deterring some from purchasing electric vehicles.

To mitigate this restraint in the EV battery pack cooling system market, industry efforts focus on continuous innovation to streamline production processes, reduce material costs, and optimize system designs. Standardization, economies of scale, and advancements in manufacturing techniques can help alleviate the cost burden, making EV battery pack cooling systems more accessible and affordable for widespread electric vehicle adoption.

Market Opportunities: Stringent Regulations by Government Bodies

Stringent regulations imposed by government bodies can present a significant opportunity in the EV battery pack cooling system market. These regulations often aim to enhance safety standards, improve efficiency, and reduce environmental impact. In the context of electric vehicle (EV) battery packs, stricter regulations might require better thermal management systems to ensure batteries operate within optimal temperature ranges, thereby improving their performance and lifespan.

This creates an opportunity for companies in the EV battery pack cooling system market to innovate and develop more efficient and reliable solutions that comply with these regulations. By meeting or exceeding these standards, such companies can gain a competitive edge, attract more customers, and establish themselves as leaders in the market.

Stringent regulations ensure that cooling systems meet safety and performance benchmarks, enhancing consumer trust in electric vehicles and their associated components. Compliance with regulations encourages the adoption of electric vehicles by boosting confidence in their safety and reliability, subsequently driving the demand for efficient and compliant cooling systems. Moreover, international regulatory alignment can facilitate the global adoption of standardized cooling systems, streamlining market entry into different regions with similar requirements.

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different applications of the EV battery pack cooling system products available based on vehicle type (passenger vehicle and commercial vehicle), propulsion type (battery electric vehicle, hybrid electric vehicle, and plug-in hybrid electric vehicle), system type (air cooling system and liquid cooling system). The market is poised for significant expansion with ongoing technological advancements, increased investments, and growing awareness of the importance of cooling systems. Therefore, the EV battery pack cooling system business is a high-investment and high-revenue generating model.

Growth/Marketing Strategy: The EV battery pack cooling system market has been growing at a rapid pace. The market offers enormous opportunities for existing and emerging market players. Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include product development.

Competitive Strategy: The key players in the EV battery pack cooling system market analyzed and profiled in the study include EV battery pack cooling system manufacturers that develop, maintain, and market EV battery pack cooling systems. Additionally, a comprehensive competitive landscape such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.

Research Methodology

Factors for Data Prediction and Modeling

The scope of the EV battery pack cooling system market report has been focused on electric vehicles only.
In the vehicle type segment, two-wheelers and three-wheelers are not considered in the scope, and only passenger cars are included in the passenger vehicle segment. Moreover, in the commercial vehicle segment, buses and trucks are considered under the scope of the report.
The base currency considered for the market analysis is US$. Currencies other than the US$ have been converted to the US$ for all statistical calculations, considering the average conversion rate for that particular year.
The currency conversion rate has been taken from the historical exchange rate of the Oanda website.
Nearly all the recent developments from January 2020 to December 2023 have been considered in this research study.
The information rendered in the report is a result of in-depth primary interviews, surveys, and secondary analysis.
Where relevant information was not available, proxy indicators and extrapolation were employed.
Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
Technologies currently used are expected to persist through the forecast with no major breakthroughs in technology.

Market Estimation and Forecast

This research study involves the usage of extensive secondary sources, such as certified publications, articles from recognized authors, white papers, annual reports of companies, directories, and major databases to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global EV battery pack cooling system market.

The process of market engineering involves the calculation of the market statistics, market size estimation, market forecast, market crackdown, and data triangulation (the methodology for such quantitative data processes is explained in further sections). The primary research study has been undertaken to gather information and validate the market numbers for segmentation types and industry trends of the key players in the market.

Primary Research

The primary sources involve industry experts from the EV battery pack cooling system market and various stakeholders in the ecosystem. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

The key data points taken from primary sources Include:

validation and triangulation of all the numbers and graphs
validation of reports segmentation and key qualitative findings
understanding the competitive landscape
validation of the numbers of various markets for market type
percentage split of individual markets for geographical analysis

Secondary Research

This research study of the EV battery pack cooling system market involves the usage of extensive secondary research, directories, company websites, and annual reports. It also makes use of databases, such as Hoovers, Bloomberg, Businessweek, and Factiva, to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global market. In addition to the aforementioned data sources, the study has been undertaken with the help of other data sources and websites, such as IRENA and IEA.

Secondary research was done in order to obtain crucial information about the industry's value chain, revenue models, the market's monetary chain, the total pool of key players, and the current and potential use cases and applications.

The key data points taken from secondary research include:

segmentations and percentage shares
data for market value
key industry trends of the top players of the market
qualitative insights into various aspects of the market, key trends, and emerging areas of innovation
quantitative data for mathematical and statistical calculations

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.

Some of the prominent companies in this market are:

Boyd Corporation
Dana Limited
E-MERSIV
Hanon Systems
Webasto Group

VOSS Automotive, Inc.
Kreisel Electric
Valeo
Vikas Group
TotalEnergies

Executive Summary

Scope and Definition

1. Markets

1.1. Trends: Current and Future Impact Assessment
- 1.1.1. Trends: Overview
- 1.1.2. Rising Demand in Electric Vehicle Industry
- 1.1.3. Advancements in Battery Technology
1.2. Supply Chain Overview
- 1.2.1. Value Chain Analysis
- 1.2.2. Market Map
1.3. Research and Development Review
- 1.3.1. Patent Filing Trend (by Number of Patents, Country)
1.4. Regulatory Landscape
1.5. Impact Analysis for Key Global Events - COVID-19
1.6. Market Dynamics: Overview
- 1.6.1. Market Drivers
  - 1.6.1.1. Enhancing the Driving Range of Electric Vehicles
  - 1.6.1.2. Thermal Management in Electric Vehicles
  - 1.6.1.3. Emerging Alternate Cooling Technology
- 1.6.2. Market Restraints
  - 1.6.2.1. Higher Cost of EV Battery Pack Cooling System
  - 1.6.2.2. Compatibility and Integration Issues
- 1.6.3. Market Opportunities
  - 1.6.3.1. Stringent Regulations by Government Bodies
  - 1.6.3.2. Gaining a Competitive Edge through Innovation
1.7. Significance of Effective Cooling System

2. Application

2.1. Application Segmentation
2.2. Application Summary
2.3. EV Battery Pack Cooling System Market (by Vehicle Type)
- 2.3.1. Vehicle Type
  - 2.3.1.1. Passenger Vehicle
  - 2.3.1.2. Commercial Vehicle
2.4. EV Battery Pack Cooling System Market (by Propulsion Type)
- 2.4.1. Propulsion Type
  - 2.4.1.1. Battery Electric Vehicle
  - 2.4.1.2. Hybrid Electric Vehicle
  - 2.4.1.3. Plug-in Hybrid Electric Vehicle

3. Products

3.1. Product Segmentation
3.2. Product Summary
3.3. EV Battery Pack Cooling System Market (by System Type)
- 3.3.1. System Type
  - 3.3.1.1. Air Cooling System
  - 3.3.1.2. Liquid Cooling System

4. Regions

4.1. Regional Summary
4.2. Drivers and Restraints
4.3. North America
- 4.3.1. Regional Overview
- 4.3.2. Driving Factors for Market Growth
- 4.3.3. Factors Challenging the Market
- 4.3.4. Application
- 4.3.5. Product
- 4.3.6. North America (by Country)
  - 4.3.6.1. U.S.
  - 4.3.6.2. Canada
  - 4.3.6.3. Mexico
4.4. Europe
- 4.4.1. Regional Overview
- 4.4.2. Driving Factors for Market Growth
- 4.4.3. Factors Challenging the Market
- 4.4.4. Application
- 4.4.5. Product
- 4.4.6. Europe (by Country)
  - 4.4.6.1. Germany
  - 4.4.6.2. France
  - 4.4.6.3. Italy
  - 4.4.6.4. U.K.
  - 4.4.6.5. Rest-of-Europe
4.5. Asia-Pacific
- 4.5.1. Regional Overview
- 4.5.2. Driving Factors for Market Growth
- 4.5.3. Factors Challenging the Market
- 4.5.4. Application
- 4.5.5. Product
- 4.5.6. Asia-Pacific (by Country)
  - 4.5.6.1. China
  - 4.5.6.2. Japan
  - 4.5.6.3. South Korea
  - 4.5.6.4. India
  - 4.5.6.5. Rest-of-Asia-Pacific
4.6. Rest-of-the-World
- 4.6.1. Regional Overview
- 4.6.2. Driving Factors for Market Growth
- 4.6.3. Factors Challenging the Market
- 4.6.4. Application
- 4.6.5. Product
- 4.6.6. Rest-of-the-World (by Region)
  - 4.6.6.1. Middle East and Africa
  - 4.6.6.1. South America

5. Markets - Competitive Benchmarking & Company Profiles

5.1. Next Frontiers
5.2. Geographic Assessment
- 5.2.1. Boyd Corporation
  - 5.2.1.1. Overview
  - 5.2.1.2. Top Products/Product Portfolio
  - 5.2.1.3. Top Competitors
  - 5.2.1.4. Target Customers
  - 5.2.1.5. Key Personnel
  - 5.2.1.6. Analyst View
  - 5.2.1.7. Market Share
- 5.2.2. Dana Limited
  - 5.2.2.1. Overview
  - 5.2.2.2. Top Products/Product Portfolio
  - 5.2.2.3. Top Competitors
  - 5.2.2.4. Target Customers
  - 5.2.2.5. Key Personnel
  - 5.2.2.6. Analyst View
  - 5.2.2.7. Market Share
- 5.2.3. E-MERSIV
  - 5.2.3.1. Overview
  - 5.2.3.2. Top Products/Product Portfolio
  - 5.2.3.3. Top Competitors
  - 5.2.3.4. Target Customers
  - 5.2.3.5. Key Personnel
  - 5.2.3.6. Analyst View
  - 5.2.3.7. Market Share
- 5.2.4. Hanon Systems
  - 5.2.4.1. Overview
  - 5.2.4.2. Top Products/Product Portfolio
  - 5.2.4.3. Top Competitors
  - 5.2.4.4. Target Customers
  - 5.2.4.5. Key Personnel
  - 5.2.4.6. Analyst View
  - 5.2.4.7. Market Share
- 5.2.5. Kreisel Electric
  - 5.2.5.1. Overview
  - 5.2.5.2. Top Products/Product Portfolio
  - 5.2.5.3. Top Competitors
  - 5.2.5.4. Target Customers
  - 5.2.5.5. Key Personnel
  - 5.2.5.6. Analyst View
  - 5.2.5.7. Market Share
- 5.2.6. MAHLE GmbH
  - 5.2.6.1. Overview
  - 5.2.6.2. Top Products/Product Portfolio
  - 5.2.6.3. Top Competitors
  - 5.2.6.4. Target Customers
  - 5.2.6.5. Key Personnel
  - 5.2.6.6. Analyst View
  - 5.2.6.7. Market Share
- 5.2.7. Miba AG
  - 5.2.7.1. Overview
  - 5.2.7.2. Top Products/Product Portfolio
  - 5.2.7.3. Top Competitors
  - 5.2.7.4. Target Customers
  - 5.2.7.5. Key Personnel
  - 5.2.7.6. Analyst View
  - 5.2.7.7. Market Share
- 5.2.8. Modine Manufacturing Company
  - 5.2.8.1. Overview
  - 5.2.8.2. Top Products/Product Portfolio
  - 5.2.8.3. Top Competitors
  - 5.2.8.4. Target Customers
  - 5.2.8.5. Key Personnel
  - 5.2.8.6. Analyst View
  - 5.2.8.7. Market Share
- 5.2.9. RIGID HVAC
  - 5.2.9.1. Overview
  - 5.2.9.2. Top Products/Product Portfolio
  - 5.2.9.3. Top Competitors
  - 5.2.9.4. Target Customers
  - 5.2.9.5. Key Personnel
  - 5.2.9.6. Analyst View
  - 5.2.9.7. Market Share
- 5.2.10. TotalEnergies
  - 5.2.10.1. Overview
  - 5.2.10.2. Top Products/Product Portfolio
  - 5.2.10.3. Top Competitors
  - 5.2.10.4. Target Customers
  - 5.2.10.5. Key Personnel
  - 5.2.10.6. Analyst View
  - 5.2.10.7. Market Share
- 5.2.11. Valeo
  - 5.2.11.1. Overview
  - 5.2.11.2. Top Products/Product Portfolio
  - 5.2.11.3. Top Competitors
  - 5.2.11.4. Target Customers
  - 5.2.11.5. Key Personnel
  - 5.2.11.6. Analyst View
  - 5.2.11.7. Market Share
- 5.2.12. Vikas Group
  - 5.2.12.1. Overview
  - 5.2.12.2. Top Products/Product Portfolio
  - 5.2.12.3. Top Competitors
  - 5.2.12.4. Target Customers
  - 5.2.12.5. Key Personnel
  - 5.2.12.6. Analyst View
  - 5.2.12.7. Market Share
- 5.2.13. VOSS Automotive, Inc.
  - 5.2.13.1. Overview
  - 5.2.13.2. Top Products/Product Portfolio
  - 5.2.13.3. Top Competitors
  - 5.2.13.4. Target Customers
  - 5.2.13.5. Key Personnel
  - 5.2.13.6. Analyst View
  - 5.2.13.7. Market Share
- 5.2.14. Webasto Group
  - 5.2.14.1. Overview
  - 5.2.14.2. Top Products/Product Portfolio
  - 5.2.14.3. Top Competitors
  - 5.2.14.4. Target Customers
  - 5.2.14.5. Key Personnel
  - 5.2.14.6. Analyst View
  - 5.2.14.7. Market Share
- 5.2.15. XING Mobility
  - 5.2.15.1. Overview
  - 5.2.15.2. Top Products/Product Portfolio
  - 5.2.15.3. Top Competitors
  - 5.2.15.4. Target Customers
  - 5.2.15.5. Key Personnel
  - 5.2.15.6. Analyst View
  - 5.2.15.7. Market Share

6. Research Methodology

6.1. Data Sources
- 6.1.1. Primary Data Sources
- 6.1.2. Secondary Data Sources
- 6.1.3. Data Triangulation
6.2. Market Estimation and Forecast