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Global Battery Thermal Management System Market
Global Battery Thermal Management System Market
Dublin, Oct. 17, 2022 (GLOBE NEWSWIRE) -- The "Battery Thermal Management System Market for Mobility and Consumer Electronics - A Global and Regional Analysis: Focus connected Application, Type, Battery Type, Technology, and Region - Analysis and Forecast, 2022-2031" study has been added to ResearchAndMarkets.com's offering.
The artillery thermal absorption strategy marketplace for mobility and user electronics was estimated to beryllium astatine $4,462.47 cardinal successful 2021, which is expected to turn with a CAGR of 23.07% and scope $31,130.01 cardinal by 2031.
The maturation successful the automotive artillery thermal absorption strategy marketplace is expected to beryllium driven by the rising request for electrical vehicles worldwide. Further, the rising plan complexities starring to accrued prices are the cardinal restraining factors successful the industry.
The artillery thermal absorption strategy marketplace for mobility and user electronics is successful the processing phase. The rising request for lithium-ion batteries successful physics devices, electrical vehicles, and different user physics devices is expected to boost the artillery thermal absorption marketplace for mobility and user electronics. Further, the deficiency of standardization process for the user electronics artillery thermal absorption strategy is hampering the maturation of the market.
Battery thermal absorption systems are the devices liable for managing vigor dissipation during the electrochemical processes successful the cells, allowing businesslike and harmless usage of the battery. The large nonsubjective of the strategy is to forestall accelerated artillery deterioration by managing the vigor generated by its components for continuous cognition astatine optimum temperature.
Increasing absorption connected preventing information hazards brings important maturation opportunities for the artillery thermal absorption strategy marketplace for mobility and user electronics.
Impact of COVID-19
The interaction of COVID-19 connected the artillery thermal absorption strategy marketplace for mobility and user electronics was severe. Moreover, owed to a impermanent shutdown of the manufacturing units crossed antithetic regions of the world, the measurement of accumulation declined. However, with the opening of the markets and rising operations of the archetypal instrumentality manufacturers (OEMs), the marketplace is expected to summation momentum.
Market Segmentation
The mobility conception dominated the artillery thermal absorption strategy marketplace for mobility and user electronics (by application) successful 2021 and was the largest conception owed to the rising income of electrical vehicles crossed the globe.
The mobility artillery thermal absorption systems are utilized for keeping the batteries successful automobiles successful the operative scope of temperature. The strategy is paramount to artillery information arsenic it reduces the excessive vigor generated by the batteries and promotes vigor shedding successful the environment.
The progressive conception dominated the artillery thermal absorption strategy marketplace for mobility and user electronics (by type) successful 2021 and was the largest conception owed to increasing request from end-use industries specified arsenic automotive and user electronics.
The large emergence is witnessed owed to the higher artillery ratio for maintaining the system's temperature. Recently, the emergence successful the immersion of cells has been expanding and seeking the interests of industrialists, helping successful the maturation of the progressive artillery thermal absorption strategy marketplace for mobility and user electronics.
The liquid cooling and heating conception held the bulk stock successful 2021 successful the artillery thermal absorption strategy marketplace for mobility and user electronics (by technology) arsenic it utilizes pumped liquid for removing thermal vigor generated wrong the artillery pack. It provides superior thermal enforcement compared to the different technologies arsenic it is suitable for some rectangular prismatic and pouch cells.
The accepted batteries conception held the bulk stock successful the artillery thermal absorption strategy marketplace for mobility and user electronics (by artillery type) successful 2021. The accepted batteries utilized successful electrical vehicles person a flooded electrolyte and are highly accessible astatine a little cost.
Some large batteries nether accepted artillery segments are lead-acid-based, nickel-based batteries, lithium-ion batteries, and galore others. The rising request for lithium-ion batteries is contributing importantly toward the ascendant stock of the accepted batteries conception successful the marketplace and is expected to propel the maturation of the conception during the forecast play 2022-2031.
China portion dominates the artillery thermal absorption strategy marketplace for mobility and user electronics owed to the beingness of a ample electrical conveyance industry, starring manufacture players crossed the proviso chain, and a fast-developing economy.
Recent Developments successful Global Battery Thermal Management System Market for Mobility and Consumer Electronics
In March 2022, Hanon Systems expanded its thermal absorption accumulation by launching a caller installation successful Hubei, China. The works would absorption connected processing heating, ventilation, and aerial conditioning (HVAC) modules for electrical vehicles.
In February 2021, Mahle GmbH acquired Keihin Corporation's thermal absorption concern successful Thailand, Japan, and the U.S.
Key Market Players and Competition Synopsis
The companies that are profiled person been selected based connected inputs gathered from superior experts and investigation of institution coverage, merchandise portfolio, and marketplace penetration.
Some salient names established successful this marketplace are:
3M
Robert Bosch GmbH
Valeo
Mahle GmbH
SAMSUNG SDI CO., LTD.
BorgWarner Inc.
VOSS Automotive GmbH
Denso Corporation
Hanon Systems
Grayson Thermal Systems
Polymer Science, Inc.
LG Chem
Gentherm Incorporated
Continental AG
Calogy Solutions
Carrar
Amionx
Key Topics Covered:
1 Markets
1.1 Industry Outlook
1.1.1 Trends: Current and Future
1.1.1.1 Growing Battery Thermal Management Technology
1.1.1.2 Increasing Government Activities toward Low-Carbon Infrastructure
1.1.1.3 Decreasing Cost of Renewable Energy
1.1.2 Supply Chain Network/MAP
1.1.3 Ecosystem/Ongoing Programs
1.1.3.1 Consortiums and Associations
1.1.3.2 Regulatory Bodies
1.1.3.3 Government Programs
1.1.3.4 Programs by Research Institutions and Universities
1.1.4 Key Start-Up Landscape
1.1.4.1 Key Start-Ups successful the Ecosystem
1.1.4.2 Funding Analysis
1.1.5 Impact of COVID-19 connected Battery Thermal Management System Market for Mobility and Consumer Electronics
1.1.6 Impact of Ukraine-Russia Conflict connected the Battery Thermal Management System Market for Mobility and Consumer Electronics
1.1.7 Snapshot of Electric Vehicles Market
1.1.7.1 Leading Countries
1.1.7.2 Leading Companies
1.1.7.3 Key Findings
1.1.7.4 Global Electric Vehicles Market Projection for the Forecast Period
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Rising Demand for Electric Vehicles (EVs)
1.2.1.2 Increasing Stringent Government Regulations
1.2.1.3 Rising Demand for Consumer Electronics
1.2.2 Business Challenges
1.2.2.1 High Design Complexities with New Systems
1.2.2.2 Expensive Battery Thermal Management System Technology
1.2.3 Business Strategies
1.2.3.1 Product Development
1.2.3.2 Market Development
1.2.4 Corporate Strategies
1.2.4.1 Mergers and Acquisitions
1.2.4.2 Partnerships and Joint Ventures
1.2.4.3 Collaborations and Alliances
1.2.5 Business Opportunities
1.2.5.1 Rising Energy Needs for Commercial Vehicles
1.2.5.2 Rising Demand for Lithium-Ion Batteries
1.2.5.3 Rising Applications of Battery Thermal Management System
2 Application
2.1 Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application)
2.1.1 Mobility
2.1.1.1 Passenger Vehicles
2.1.1.2 Commercial Vehicles
2.1.2 Consumer Electronics
2.1.2.1 Mobile Phones
2.1.2.2 Laptops and Tablets
2.1.2.3 Wearables
2.1.2.4 Others
2.2 Demand Analysis of Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
3 Products
3.1 Battery Thermal Management System Market for Mobility and Consumer Electronics (by Product)
3.2 Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type)
3.2.1 Active
3.2.2 Passive
3.2.3 Hybrid
3.3 Demand Analysis of the Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
3.4 Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type)
3.4.1 Conventional Batteries
3.4.2 Solid-State Batteries
3.5 Demand Analysis of the Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
3.6 Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology)
3.6.1 Air Cooling and Heating
3.6.2 Liquid Cooling and Heating
3.6.3 Refrigerant Cooling and Heating
3.6.4 Other Technologies
3.7 Demand Analysis of the Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
3.8 Product Benchmarking: Growth Rate - Market Share Matrix, 2021
3.9 Patent Analysis
4 Region
For much accusation astir this study sojourn https://www.researchandmarkets.com/r/2hm24x
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