Battery Thermal Management System Cooling Plates Market Size to Grow USD 3260 Million by 2030 at a CAGR of 30% | Valuates Reports

News provided by

Jul 25, 2024, 11:39 ET

BANGALORE, India, July 25, 2024 /PRNewswire/ -- Battery Thermal Management System Cooling Plates Market is Segmented by Type (Harmonica Tube Type Battery Cooling Plates, Stamping Type Battery Cooling Plates, Inflation Type Battery Cooling Plates), by Application (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV)) : Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Battery Thermal Management System Cooling Plates Market was valued at USD 479 Million in 2023 and is anticipated to reach USD 3260 Million by 2030, witnessing a CAGR of 30.0% during the forecast period 2024-2030.

Get Free Sample @ https://reports.valuates.com/request/sample/QYRE-Auto-19V13145/Global_Battery_Thermal_Management_System_Cooling_Plates_Market_Research_Report_2023

Major Factors Driving the Growth of Battery Thermal Management System Cooling Plates Market:

Due to the growing popularity of electric vehicles (EVs) and the demand for effective thermal management solutions to prolong the life of batteries, the market for Battery Thermal Management System (BTMS) cooling plates is expanding quickly. Cooling plates, which are essential parts of BTMS, are made to disperse heat produced during battery operation, preventing overheating and guaranteeing maximum battery performance. The need for BTMS cooling plates is mostly being driven by the expanding EV sector, which is being pushed by strict emission restrictions and a global trend towards sustainable transportation systems. Furthermore, in order to handle increased energy densities, sophisticated cooling systems are required due to developments in battery technology and the increasing production of high-performance electric vehicles.

View Full Report @ https://reports.valuates.com/market-reports/QYRE-Auto-19V13145/global-battery-thermal-management-system-cooling-plates

TRENDS INFLUENCING THE GROWTH OF THE BATTERY THERMAL MANAGEMENT SYSTEM COOLING PLATES MARKET:

Battery electric vehicles (BEVs) rely heavily on stamping type battery cooling plates because of their effective thermal management characteristics. The improved heat dissipation provided by these plates guarantees the best possible battery temperature and performance. The durability and efficiency of BEV batteries are contingent upon the stamping process's accuracy and homogeneity, which yield constant quality and dependability. Effective battery temperature management systems are becoming important as the demand for BEVs rises due to the worldwide movement towards sustainable transportation. Consequently, the market for Battery Thermal Management System Cooling Plates continues to expand as producers look for dependable and effective cooling options to keep up with the rising volume of BEVs being produced.

Because of their high cooling efficiency and lightweight construction, harmonica tube type battery cooling plates are driving the growth of the market for battery thermal management systems cooling plates. These plates have a number of parallel tubes that improve heat transmission and enable battery cell temperature management, both of which are essential for preserving the longest possible battery life and best possible performance. Harmonica tube cooling plates are perfect for integrating into various battery configurations due to their small and flexible form. This meets the growing need for innovative cooling solutions in electric cars. The demand for effective thermal management will increase along with the use of electric vehicles, which will drive up demand for these cutting-edge cooling plates.

The market for battery thermal management system cooling plates is expanding at a substantial rate due to plug-in hybrid electric vehicles (PHEVs), which require sophisticated cooling solutions to maintain their intricate battery systems. In order to maintain battery safety and durability, plug-in hybrid electric vehicles (PHEVs) need effective thermal management to balance the performance of internal combustion and electric components. High-performance cooling plates are becoming more in demand as PHEVs gain popularity because of their longer driving range and lower emissions. Stricter environmental laws and customer preferences for more environmentally friendly transportation alternatives are driving this trend even faster, forcing battery makers to use better cooling technologies to increase battery efficiency and dependability.

Buy Now @ https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-19V13145&lic=single-user

BATTERY THERMAL MANAGEMENT SYSTEM COOLING PLATES MARKET SHARE:

The market for battery thermal management system cooling plates is primarily driven by the rising demand for electric cars (EVs). Customers are growing more and more interested in electric vehicles (EVs) as the automotive industry shifts to a sustainable model. This change is the result of increased environmental consciousness, stricter emissions laws, and EV technical breakthroughs that have increased the allure of EVs. As a result, in order to guarantee the best possible battery performance and lifetime, the increasing use of EVs calls for effective battery temperature management systems. These systems' crucial cooling plates assist in keeping batteries within their optimal temperature range, reducing overheating and prolonging battery life. Therefore, the need for sophisticated cooling plates is directly driven by the increasing production and sales of electric vehicles (EVs), which is driving the market's substantial expansion.

Purchase Regional Report @ https://reports.valuates.com/request/regional/QYRE-Auto-19V13145/Global_Battery_Thermal_Management_System_Cooling_Plates_Market_Research_Report_2023

Key Companies:

Valeo
HELLA
MAHLE
Nippon Light Metal
Modine Manufacturing
ESTRA Automotive
Mersen
Bespoke Composite Panel
Senior Flexonics
Priatherm
Dana
Kaweller
SANHUA Automotive
Yinlun
Sanhua Intelligent Controls
Songz Automobile Air Conditioning
Nabaichuan Holding
Cotran New Material
Zhejiang Lurun Group

Purchase Chapters @ https://reports.valuates.com/request/chaptercost/QYRE-Auto-19V13145/Global_Battery_Thermal_Management_System_Cooling_Plates_Market_Research_Report_2023

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

- Electric Vehicle Liquid Cooling Plates (LCP) market was valued at USD 730 Million in 2023 and is anticipated to reach USD 3532.2 Million by 2030, witnessing a CAGR of 29.0% during the forecast period 2024-2030.

- Thermal Management Market

- Battery Management System (BMS) market size is estimated to be worth USD 6326.4 Million in 2021 and is forecast to a readjusted size of USD 40700 Million by 2028 with a CAGR of 30.1% during the forecast period 2022-2028.

- Electronic Expansion Valve for Electric Vehicles Battery Thermal Management Systems market is projected to reach USD 480.6 Million in 2029, increasing from USD 96.4 Million in 2022, with the CAGR of 24.4% during the period of 2023 to 2029.

- Electric Vehicle Battery Thermal Management System Market

- Power Battery Thermal Management Module Market

- The global Automotive Battery Management System Market revenue was USD 2869.1 Million in 2022 and is forecast to a readjusted size of USD 12630 Million by 2029 with a CAGR of 22.3% during the forecast period (2023-2029).

- Battery Thermal Management System (BTMS) Market

- The global market for Battery Liquid Cooling Plates For Electric Vehicle was estimated to be worth USD 479 Million in 2023 and is forecast to a readjusted size of USD 3517.1 Million by 2030 with a CAGR of 30.0% during the forecast period 2024-2030.

- The global Automotive Battery Thermal Management System market is projected to reach USD 3858.4 Million by 2030 from an estimated USD 1001.8 Million in 2024, at a CAGR of 25.2% during 2024 and 2030.

- The global market for Immersion Cooling Fluids was estimated to be worth USD 1864 Million in 2023 and is forecast to a readjusted size of USD 3277 Million by 2030 with a CAGR of 8.3% during the forecast period 2024-2030.

- Battery Cooling Plates Market

- Commercial Vehicle Battery Thermal Management System Market

- Battery Thermal Management Parts Market

- Hybrid Electric Vehicle Battery Cooling Plate Market

- EV Battery Liquid Cooling Plate market was valued at USD 479 Million in 2023 and is anticipated to reach USD 2661 Million by 2030, witnessing a CAGR of 28.0% during the forecast period 2024-2030.

- Automotive Thermal Management System Components Market

- Energy Storage Battery Liquid Cold Plate Market

- Battery Module Cooling Plate Market

- Server Liquid Cold Plate Market

- The global renewable energy market was valued at USD 881.7 billion in 2020, and is projected to reach USD 1,977.6 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030.

- Server Liquid Cold Plate Market

- Energy Storage Battery Liquid Cold Plate Market

- New Energy Vehicle Battery Water Cooling Plate Market

- Bipolar Plates market was valued at USD 465.1 Million in 2023 and is anticipated to reach USD 1870.9 Million by 2030, witnessing a CAGR of 22.2% during the forecast period 2024-2030.

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

YOUR FEEDBACK MATTERS: REACH OUT TO US!

Valuates Reports
[email protected]
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
YouTube: https://www.youtube.com/@valuatesreports6753
https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese
https://valuatesreportspanish.blogspot.com/
https://valuateskorean.blogspot.com/
https://valuatesgerman.blogspot.com/
https://valuatesreportjapanese.blogspot.com/