Global Electric Vehicle Battery Thermal Management System Market to reach USD 11.92 billion by 2027.Global Electric Vehicle Battery Thermal Management System Market is valued approximately USD 2.06 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 28.5% over the forecast period 2021-2027. The Electric Vehicle Battery Thermal Management System is a combination of thermoelectric cooling, forced air cooling, and liquid cooling. The liquid coolant has indirect contact with battery and acts as the medium to remove the heat generated from the battery during operation. The increasing adoption of electric vehicles around the world has led the adoption of Electric Vehicle Battery Thermal Management System Market across the forecast period. For Instance: as per the report issued by IEA, there was a stock of 460,000 electric buses and 250,000 light commercial vehicles (LCVs) in 2018, which was an increased of around 80,000 units of LCVs from 2017 (Increasing initiatives by the government in funding and policies to boost the economy and improve the infrastructure, The increasing use of battery operated buses and light weight trucks which comes under commercial vehicles boos the market in the upcoming years However, reducing size of the batteries along with fast charging capabilities are hindering the market growth over the forecast period of 2021-2027. Also, the increase in technological advancement in the field of battery management has led the adoption & demand for Electric Vehicle Battery Thermal Management System during the forecast period.

The regional analysis of global Urgent Care Centers market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. APAC is the leading region across the world in terms of market share owing to the rising demand for electric vehicles . Whereas, Europe is anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as presence of key automobile and component manufacturers would create lucrative growth prospects for the Electric Vehicle Battery Thermal Management System market across Europe

Major market player included in this report are:
Robert Bosch GmbH
Gentherm Incorporated
Valeo
Dana Incorporated
Mahle GmbH
Hanon Systems
Voss Automotive GmbH
3M
Grayson
Polymer Science , Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By System type:
Active
Passive
By Application:
Passenger Vehicle
Commercial Vehicle
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Electric Vehicle Battery Thermal Management System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors