Battery Thermal Management System Market for Mobility and Consumer Electronics - A Global and Regional Analysis

Focus on Application, Type, Battery Type, Technology, and Region - Analysis and Forecast, 2022-2031

Published Year:
SKU:MCE1241SA

$5250

Online Access for 1-3 Users. Permission to Print.


In case you require a hard copy, there will be an additional charge of $500. Please email us at [email protected]research.com with your request.

A quick peek into the report

Market Report Coverage

Battery Thermal Management System Market for Mobility and Consumer Electronics
Forecast Period: 2022-2031
CAGR: 23.07%

Battery Thermal Management System Market for Mobility and Consumer Electronics

Base Year

2021

Market Size in 2021

$4,462.47 Million

Forecast Period

2022-2031

Value Projection and Estimation by 2031

$31,130.01 Million

CAGR During Forecast Period

23.07%

Number of Tables

125

Number of Pages

225

Number of Figures

39

 

Key Market Players and Competition Synopsis

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

Some prominent names established in this market 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

How Can This Report Add Value to an Organization?

The study gives the reader a detailed understanding of the different battery thermal management applications in mobility and consu

Product/Innovation Strategy: The product segment helps the reader understand the different types, technologies, and battery types available for the battery thermal management system market and its potential globally. Moreover, the study gives the reader a detailed understanding of the different battery thermal management applications in mobility and consumer electronics.

Growth/Marketing Strategy: Business expansion, partnership, collaboration, and joint venture are some key strategies adopted by the key players operating in the space; for instance, in November 2021, Hanon Systems inaugurated a new manufacturing facility in Gyeongju, South Korea, which will focus on eco-friendly thermal management solutions.

Competitive Strategy: Key players in the battery thermal management system market for mobility and consumer electronics analyzed and profiled in the study involve the battery thermal management systems manufacturers. Moreover, a detailed competitive benchmarking of the players operating in the battery thermal management system market for mobility and consumer electronics has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

The battery thermal management system market for mobility and consumer electronics was estimated to be at $4,462.47 million in 202

Battery Thermal Management System Market for Mobility and Consumer Electronics Industry Overview

The battery thermal management system market for mobility and consumer electronics was estimated to be at $4,462.47 million in 2021, which is expected to grow with a CAGR of 23.07% and reach $31,130.01 million by 2031. The growth in the automotive battery thermal management system market is expected to be driven by the rising demand for electric vehicles worldwide. Further, the rising design complexities leading to increased prices are the key restraining factors in the industry.

Market Lifecycle Stage

The battery thermal management system market for mobility and consumer electronics is in the developing phase. The rising demand for lithium-ion batteries in electronic devices, electric vehicles, and other consumer electronic devices is expected to boost the battery thermal management market for mobility and consumer electronics. Further, the lack of standardization process for the consumer electronics battery thermal management system is hampering the growth of the market.

Figure: Battery Thermal Management System Market for Mobility and Consumer Electronics Snapshot , $Million, 2021, 2022, and 2031

Battery Thermal Management System Market for Mobility and Consumer Electronics

Impact

Battery thermal management systems are the devices responsible for managing heat dissipation during the electrochemical processes in the cells, allowing efficient and safe use of the battery. The major objective of the system is to prevent accelerated battery deterioration by managing the heat generated by its components for continuous operation at optimum temperature. Increasing focus on preventing safety hazards brings significant growth opportunities for the battery thermal management system market for mobility and consumer electronics.

Impact of COVID-19

The impact of COVID-19 on the battery thermal management system market for mobility and consumer electronics was severe. Moreover, due to a temporary shutdown of the manufacturing units across different regions of the world, the volume of production declined. However, with the opening of the markets and rising operations of the original equipment manufacturers (OEMs), the market is expected to gain momentum.

Market Segmentation:

Segmentation 1: by Application
•    Mobility
        o    Passenger Vehicles
        o    Commercial Vehicles
•    Consumer Electronics
        o    Mobile Phones
        o    Laptops and Tablets
        o    Wearables
        o    Others

The mobility segment dominated the battery thermal management system market for mobility and consumer electronics (by application) in 2021 and was the largest segment due to the rising sales of electric vehicles across the globe. The mobility battery thermal management systems are used for keeping the batteries in automobiles in the operative range of temperature. The system is paramount to battery safety as it reduces the excessive heat generated by the batteries and promotes heat shedding in the environment.

Segmentation 2: by Type
•    Active
•    Passive
•    Hybrid

The active segment dominated the battery thermal management system market for mobility and consumer electronics (by type) in 2021 and was the largest segment due to growing demand from end-use industries such as automotive and consumer electronics. The major rise is witnessed due to the higher battery efficiency for maintaining the system's temperature. Recently, the rise in the immersion of cells has been increasing and seeking the interests of industrialists, helping in the growth of the active battery thermal management system market for mobility and consumer electronics.

Segmentation 3: by Technology
•    Air Cooling and Heating
•    Liquid Cooling and Heating
•    Refrigerant Cooling and Heating
•    Other Technologies

The liquid cooling and heating segment held the majority share in 2021 in the battery thermal management system market for mobility and consumer electronics (by technology) as it utilizes pumped liquid for removing thermal energy generated inside the battery pack. It provides superior thermal enforcement compared to the other technologies as it is suitable for both rectangular prismatic and pouch cells.

Segmentation 4: by Battery Type
•    Conventional Batteries
•    Solid-State Batteries

The conventional batteries segment held the majority share in the battery thermal management system market for mobility and consumer electronics (by battery type) in 2021. The conventional batteries used in electric vehicles have a flooded electrolyte and are highly accessible at a lower cost. Some major batteries under conventional battery segments are lead-acid-based, nickel-based batteries, lithium-ion batteries, and many others. The rising demand for lithium-ion batteries is contributing significantly toward the dominant share of the conventional batteries segment in the market and is expected to propel the growth of the segment during the forecast period 2022-2031.

Segmentation 5: by Region
•    North America - U.S., Canada, and Mexico
•    Europe - Germany, France, Italy, Spain, and Rest-of-Europe
•    China
•    U.K.
•    Asia-Pacific and Japan - Japan, South Korea, India, Australia, and Rest-of-Asia-Pacific and Japan
•    Rest-of-the-World - Middle East and Africa and South America

China region dominates the battery thermal management system market for mobility and consumer electronics due to the presence of a large electric vehicle industry, leading industry players across the supply chain, and a fast-developing economy.

Recent Developments in Global Battery Thermal Management System Market for Mobility and Consumer Electronics

•    In March 2022, Hanon Systems expanded its thermal management production by launching a new facility in Hubei, China. The plant would focus on developing heating, ventilation, and air conditioning (HVAC) modules for electric vehicles.
•   In February 2021, Mahle GmbH acquired Keihin Corporation's thermal management business in Thailand, Japan, and the U.S.

Demand – Drivers and Limitations

Following are the demand drivers for the battery thermal management system market for mobility and consumer electronics:

•    Rising Demand for Electric Vehicles (EVs)
•    Increasing Stringent Government Regulations
•    Rising Demand for Consumer Electronics

The market is expected to face some limitations too due to the following challenge:

•    High Design Complexities with New Systems
•    Expensive Battery Thermal Management System Technology

Analyst's Thoughts

According to Neha Singh, Sr. Research Associate, BIS Research, "The battery thermal management system market for mobility and consumer electronics is growing due to increasing demand for advanced solutions for emission reduction and protection from safety hazards. The rising demand for electric vehicles will provide growth in the battery thermal management system market for mobility segment. In contrast, the growing complexities in the integrity of the electronics system will hamper the consumer electronics battery thermal management system market growth in the future."

Table of Contents

Download this TOC

Get Free Sample

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 in the Ecosystem
                     1.1.4.2    Funding Analysis
         1.1.5    Impact of COVID-19 on Battery Thermal Management System Market for Mobility and Consumer Electronics
         1.1.6    Impact of Ukraine-Russia Conflict on 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

2.1    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

3.1    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

4.1    North America
         4.1.1    Market
                     4.1.1.1    Key Manufacturers/Suppliers in North America
                     4.1.1.2    Business Challenges
                     4.1.1.3    Business Drivers
         4.1.2    Application
                     4.1.2.1    Demand Analysis of North America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
         4.1.3    Product
                     4.1.3.1    Demand Analysis of North America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                     4.1.3.2    Demand Analysis of North America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                     4.1.3.3    Demand Analysis of North America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
         4.1.4    North America: Country Level Analysis
                     4.1.4.1    U.S.
                                    4.1.4.1.1    Market
                                                      4.1.4.1.1.1    Buyer Attributes
                                                      4.1.4.1.1.2    Key Manufacturers/Suppliers in the U.S.
                                                      4.1.4.1.1.3    Business Challenges
                                                      4.1.4.1.1.4    Business Drivers
                                    4.1.4.1.2    Application
                                                      4.1.4.1.2.1    Demand Analysis of the U.S. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.1.4.1.3    Product
                                                      4.1.4.1.3.1    Demand Analysis of the U.S. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031    
                                                      4.1.4.1.3.2    Demand Analysis of the U.S. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.1.4.1.3.3    Demand Analysis of the U.S. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.1.4.2    Canada
                                    4.1.4.2.1    Market
                                                      4.1.4.2.1.1    Buyer Attributes
                                                      4.1.4.2.1.2    Key Manufacturers/Suppliers in Canada
                                                      4.1.4.2.1.3    Business Challenges
                                                      4.1.4.2.1.4    Business Drivers
                                    4.1.4.2.2    Application
                                                      4.1.4.2.2.1    Demand Analysis of Canada Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.1.4.2.3    Product
                                                      4.1.4.2.3.1    Demand Analysis of Canada Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031    
                                                      4.1.4.2.3.2    Demand Analysis of Canada Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.1.4.2.3.3    Demand Analysis of Canada Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.1.4.3    Mexico
                                    4.1.4.3.1    Market
                                                      4.1.4.3.1.1    Buyer Attributes
                                                      4.1.4.3.1.2    Key Manufacturers/Suppliers in Mexico
                                                      4.1.4.3.1.3    Business Challenges
                                                      4.1.4.3.1.4    Business Drivers
                                    4.1.4.3.2    Application
                                                      4.1.4.3.2.1    Demand Analysis of Mexico Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.1.4.3.3    Product
                                                      4.1.4.3.3.1    Demand Analysis of Mexico Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031    
                                                      4.1.4.3.3.2    Demand Analysis of Mexico Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.1.4.3.3.3    Demand Analysis of Mexico Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
4.2    Europe
         4.2.1    Market
                     4.2.1.1    Key Manufacturers/Suppliers in Europe
                     4.2.1.2    Business Challenges
                     4.2.1.3    Business Drivers
         4.2.2    Application
                     4.2.2.1    Demand Analysis of Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
         4.2.3    Product
                     4.2.3.1    Demand Analysis of Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                     4.2.3.2    Demand Analysis of Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                     4.2.3.3    Demand Analysis of Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
         4.2.4    Europe: Country Level Analysis
                     4.2.4.1    Germany
                                    4.2.4.1.1    Market
                                                      4.2.4.1.1.1    Buyer Attributes
                                                      4.2.4.1.1.2    Key Manufacturers/Suppliers in Germany
                                                      4.2.4.1.1.3    Business Challenges
                                                      4.2.4.1.1.4    Business Drivers
                                    4.2.4.1.2    Application
                                                      4.2.4.1.2.1    Demand Analysis of Germany Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.2.4.1.3    Product
                                                      4.2.4.1.3.1    Demand Analysis of Germany Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031    
                                                      4.2.4.1.3.2    Demand Analysis of Germany Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.2.4.1.3.3    Demand Analysis of Germany Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.2.4.2    France
                                    4.2.4.2.1    Market
                                                      4.2.4.2.1.1    Buyer Attributes
                                                      4.2.4.2.1.2    Key Manufacturers/Suppliers in France
                                                      4.2.4.2.1.3    Business Challenges
                                                      4.2.4.2.1.4    Business Drivers
                                    4.2.4.2.2    Application
                                                      4.2.4.2.2.1    Demand Analysis of France Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.2.4.2.3    Product
                                                      4.2.4.2.3.1    Demand Analysis of France Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031    
                                                      4.2.4.2.3.2    Demand Analysis of France Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.2.4.2.3.3    France Battery Thermal Management System Market for Mobility and Consumer Electronics- Demand Analysis (by Technology), $Million, 2021-2031
                     4.2.4.3    Italy
                                    4.2.4.3.1    Market
                                                      4.2.4.3.1.1    Buyer Attributes
                                                      4.2.4.3.1.2    Key Manufacturers/Suppliers in Italy
                                                      4.2.4.3.1.3    Business Challenges
                                                      4.2.4.3.1.4    Business Drivers
                                    4.2.4.3.2    Application
                                                      4.2.4.3.2.1    Demand Analysis of Italy Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.2.4.3.3    Product
                                                      4.2.4.3.3.1    Demand Analysis of Italy Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                                                      4.2.4.3.3.2    Demand Analysis of Italy Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031    
                                                      4.2.4.3.3.3    Demand Analysis of Italy Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.2.4.4    Spain
                                    4.2.4.4.1    Market
                                                      4.2.4.4.1.1    Buyer Attributes
                                                      4.2.4.4.1.2    Key Manufacturers/Suppliers in Spain
                                                      4.2.4.4.1.3    Business Challenges
                                                      4.2.4.4.1.4    Business Drivers
                                    4.2.4.4.2    Application
                                                      4.2.4.4.2.1    Demand Analysis of Spain Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.2.4.4.3    Product
                                                      4.2.4.4.3.1    Demand Analysis of Spain Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                                                      4.2.4.4.3.2    Demand Analysis of Spain Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031    
                                                      4.2.4.4.3.3    Demand Analysis of Spain Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.2.4.5    Rest-of-Europe
                                    4.2.4.5.1    Market
                                                      4.2.4.5.1.1    Buyer Attributes
                                                      4.2.4.5.1.2    Key Manufacturers/Suppliers in Rest-of-Europe
                                                      4.2.4.5.1.3    Business Challenges
                                                      4.2.4.5.1.4    Business Drivers
                                    4.2.4.5.2    Application
                                                      4.2.4.5.2.1    Demand Analysis of Rest-of-Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.2.4.5.3    Product
                                                      4.2.4.5.3.1    Demand Analysis of Rest-of-Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                                                      4.2.4.5.3.2    Demand Analysis of Rest-of-Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.2.4.5.3.3    Demand Analysis of Rest-of-Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
4.3    U.K.
         4.3.1    Market
                     4.3.1.1    Buyer Attributes
                     4.3.1.2    Key Manufacturers/Suppliers in the U.K.
                     4.3.1.3    Business Challenges
                     4.3.1.4    Business Drivers
         4.3.2    Application
                     4.3.2.1    Demand Analysis of the U.K. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
         4.3.3    Product
                     4.3.3.1    Demand Analysis of the U.K. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                     4.3.3.2    Demand Analysis of the U.K. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                     4.3.3.3    Demand Analysis of the U.K. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
4.4    China
         4.4.1    Market
                     4.4.1.1    Buyer Attributes
                     4.4.1.2    Key Manufacturers/Suppliers in China
                     4.4.1.3    Business Challenges
                     4.4.1.4    Business Drivers
         4.4.2    Application
                     4.4.2.1    Demand Analysis of China Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
         4.4.3    Product
                     4.4.3.1    Demand Analysis of China Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                     4.4.3.2    Demand Analysis of China Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                     4.4.3.3    Demand Analysis of China Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
4.5    Asia-Pacific and Japan
         4.5.1    Market
                     4.5.1.1    Key Manufacturers/Suppliers in Asia-Pacific and Japan
                     4.5.1.2    Business Challenges
                     4.5.1.3    Business Drivers
         4.5.2    Application
                     4.5.2.1    Demand Analysis of Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
         4.5.3    Product
                     4.5.3.1    Demand Analysis of Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                     4.5.3.2    Demand Analysis of Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                     4.5.3.3    Demand Analysis of Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
          4.5.4    Asia-Pacific and Japan: Country Level Analysis
                     4.5.4.1    Japan
                                    4.5.4.1.1    Market
                                                      4.5.4.1.1.1    Buyer Attributes
                                                      4.5.4.1.1.2    Key Manufacturers/Suppliers in Japan
                                                      4.5.4.1.1.3    Business Challenges
                                                      4.5.4.1.1.4    Business Drivers
                                    4.5.4.1.2    Application
                                                      4.5.4.1.2.1    Demand Analysis of Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.5.4.1.3    Product
                                                      4.5.4.1.3.1    Demand Analysis of Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                                                      4.5.4.1.3.2    Demand Analysis of Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031    
                                                      4.5.4.1.3.3    Demand Analysis of Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.5.4.2    South Korea
                                    4.5.4.2.1    Market
                                                      4.5.4.2.1.1    Buyer Attributes
                                                      4.5.4.2.1.2    Key Manufacturers/Suppliers in South Korea
                                                      4.5.4.2.1.3    Business Challenges
                                                      4.5.4.2.1.4    Business Drivers
                                    4.5.4.2.2    Application
                                                      4.5.4.2.2.1    South Korea Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.5.4.2.3    Product
                                                      4.5.4.2.3.1    Demand Analysis of South Korea Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031    
                                                      4.5.4.2.3.2    Demand Analysis of South Korea Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.5.4.2.3.3    Demand Analysis of South Korea Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.5.4.3    India
                                    4.5.4.3.1    Market
                                                      4.5.4.3.1.1    Buyer Attributes
                                                      4.5.4.3.1.2    Key Manufacturers/Suppliers in India
                                                      4.5.4.3.1.3    Business Challenges
                                                      4.5.4.3.1.4    Business Drivers
                                    4.5.4.3.2    Application
                                                      4.5.4.3.2.1    Demand Analysis of India Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.5.4.3.3    Product
                                                      4.5.4.3.3.1    Demand Analysis of India Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                                                      4.5.4.3.3.2    Demand Analysis of India Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031    
                                                      4.5.4.3.3.3    Demand Analysis of India Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.5.4.4    Australia
                                    4.5.4.4.1    Market
                                                      4.5.4.4.1.1    Buyer Attributes
                                                      4.5.4.4.1.2    Key Manufacturers/Suppliers in Australia
                                                      4.5.4.4.1.3    Business Challenges
                                                      4.5.4.4.1.4    Business Drivers
                                    4.5.4.4.2    Application
                                                      4.5.4.4.2.1    Demand Analysis of Australia Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.5.4.4.3    Product
                                                      4.5.4.4.3.1    Demand Analysis of Australia Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031    
                                                      4.5.4.4.3.2    Demand Analysis of Australia Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.5.4.4.3.3    Demand Analysis of Australia Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.5.4.5    Rest-of-Asia-Pacific and Japan
                                    4.5.4.5.1    Market
                                                      4.5.4.5.1.1    Buyer Attributes
                                                      4.5.4.5.1.2    Key Manufacturers/Suppliers in Rest-of-Asia-Pacific and Japan
                                                      4.5.4.5.1.3    Business Challenges
                                                      4.5.4.5.1.4    Business Drivers
                                    4.5.4.5.2    Application
                                                      4.5.4.5.2.1    Demand Analysis of Rest-of-Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.5.4.5.3    Product
                                                      4.5.4.5.3.1    Demand Analysis of Rest-of-Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                                                      4.5.4.5.3.2    Demand Analysis of Rest-of-Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.5.4.5.3.3    Demand Analysis of Rest-of-Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
4.6    Rest-of-the-World
         4.6.1    Market
                     4.6.1.1    Key Manufacturers/Suppliers in the Rest-of-the-World
                     4.6.1.2    Business Challenges
                     4.6.1.3    Business Drivers
         4.6.2    Application
                     4.6.2.1    Demand Analysis of Rest-of-the-World Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
         4.6.3    Product
                     4.6.3.1    Demand Analysis of Rest-of-the-World Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                     4.6.3.2    Demand Analysis of Rest-of-the-World Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                     4.6.3.3    Demand Analysis of Rest-of-the-World Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
         4.6.4    Rest-of-the-World: Regional Level Analysis
                     4.6.4.1    South America
                                    4.6.4.1.1    Market
                                                      4.6.4.1.1.1    Buyer Attributes
                                                      4.6.4.1.1.2    Key Manufacturers/Suppliers in South America
                                                      4.6.4.1.1.3    Business Challenges
                                                      4.6.4.1.1.4    Business Drivers
                                    4.6.4.1.2    Application
                                                      4.6.4.1.2.1    Demand Analysis of South America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.6.4.1.3    Product
                                                      4.6.4.1.3.1    Demand Analysis of South America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                                                      4.6.4.1.3.2    Demand Analysis of South America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.6.4.1.3.3    Demand Analysis of South America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
                     4.6.4.2    Middle East and Africa
                                    4.6.4.2.1    Market
                                                      4.6.4.2.1.1    Buyer Attributes
                                                      4.6.4.2.1.2    Key Manufacturers/Suppliers in the Middle East and Africa
                                                      4.6.4.2.1.3    Business Challenges
                                                      4.6.4.2.1.4    Business Drivers
                                    4.6.4.2.2    Application
                                                      4.6.4.2.2.1    Demand Analysis of the Middle East and Africa Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-2031
                                    4.6.4.2.3    Product
                                                      4.6.4.2.3.1    Demand Analysis of the Middle East and Africa Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
                                                      4.6.4.2.3.2    Demand Analysis of the Middle East and Africa Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
                                                      4.6.4.2.3.3    Demand Analysis of the Middle East and Africa Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031

5.1    Competitive Benchmarking
         5.1.1    Competitive Position Matrix
         5.1.2    Market Share Analysis
         5.1.3    Product Matrix of Key Companies
5.2    Company Profiles
         5.2.1    3M
                     5.2.1.1    Company Overview
                                    5.2.1.1.1    Role of 3M in the Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                      5.2.1.1.1.1    Product Portfolio
                                                                           5.2.1.1.1.1.1    3M: Product Portfolio
                                                      5.2.1.1.1.2    Production Sites
                     5.2.1.2    Business Strategies
                                    5.2.1.2.1    Product Development
                                                      5.2.1.2.1.1    3M: Product Development
                     5.2.1.3    R&D Analysis
                                    5.2.1.3.1    3M: R&D Analysis
                     5.2.1.4    Analyst’s Point-of-View
         5.2.2    Robert Bosch GmbH
                     5.2.2.1    Company Overview
                                    5.2.2.1.1    Role of Robert Bosch GmbH in the Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                      5.2.2.1.1.1    Product Portfolio
                                                                           5.2.2.1.1.1.1    Robert Bosch GmbH: Product Portfolio
                                                      5.2.2.1.1.2    Production Sites
                     5.2.2.2    R&D Analysis
                                    5.2.2.2.1    Robert Bosch GmbH: R&D Analysis
                     5.2.2.3    Analyst’s Point-of-View
         5.2.3    Valeo
                     5.2.3.1    Company Overview
                                    5.2.3.1.1    Role of Valeo in the Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                      5.2.3.1.1.1    Product Portfolio
                                                                           5.2.3.1.1.1.1    Valeo: Product Portfolio
                                                      5.2.3.1.1.2    Production Sites
                     5.2.3.2    Business Strategies
                                    5.2.3.2.1    Product Development
                                                      5.2.3.2.1.1    Valeo: Product Development
                     5.2.3.3    R&D Analysis
                                    5.2.3.3.1    Valeo: R&D Analysis
                     5.2.3.4    Analyst’s Point-of-View
         5.2.4    Mahle GmbH
                     5.2.4.1    Company Overview
                                    5.2.4.1.1    Role of Mahle GmbH in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                      5.2.4.1.1.1    Product Portfolio
                                                                           5.2.4.1.1.1.1    Mahle GmbH: Product Portfolio
                                                      5.2.4.1.1.2    Production Sites
                     5.2.4.2    Business Strategies
                                    5.2.4.2.1    Product Development
                                                      5.2.4.2.1.1    Mahle GmbH: Product Development
                     5.2.4.3    R&D Analysis
                                    5.2.4.3.1    Mahle GmbH: R&D Analysis
                     5.2.4.4    Analyst’s Point-of-View
         5.2.5    SAMSUNG SDI CO., LTD.
                     5.2.5.1    Company Overview
                                    5.2.5.1.1    Role of SAMSUNG SDI CO., LTD. in the Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                      5.2.5.1.1.1    Product Portfolio
                                                                           5.2.5.1.1.1.1    SAMSUNG SDI CO., LTD.: Product Portfolio
                                                      5.2.5.1.1.2    Production Sites
                     5.2.5.2    Corporate Strategies
                                    5.2.5.2.1    Collaborations and Alliances
                                                      5.2.5.2.1.1    SAMSUNG SDI CO., LTD.: Collaborations and Alliances
                     5.2.5.3    R&D Analysis
                                    5.2.5.3.1    SAMSUNG SDI CO., LTD.: R&D Analysis
                     5.2.5.4    Analyst’s Point-of-View
         5.2.6    BorgWarner Inc.
                     5.2.6.1    Company Overview
                                    5.2.6.1.1    Role of BorgWarner Inc. in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                      5.2.6.1.1.1    Product Portfolio
                                                                           5.2.6.1.1.1.1    BorgWarner Inc.: Product Portfolio
                                                      5.2.6.1.1.2    Production Sites
                     5.2.6.2    Business Strategies
                                    5.2.6.2.1    Market Development
                                                      5.2.6.2.1.1    BorgWarner Inc.: Market Development
                     5.2.6.3    Corporate Strategies
                                    5.2.6.3.1    Mergers and Acquisitions
                                                      5.2.6.3.1.1    BorgWarner Inc.: Mergers and Acquisitions
                                    5.2.6.3.2    Partnerships, Collaborations, and Joint Ventures
                                                      5.2.6.3.2.1    BorgWarner Inc.: Partnerships, Collaborations, and Joint Ventures
                     5.2.6.4    R&D Analysis
                                    5.2.6.4.1    BorgWarner Inc.: R&D Analysis
                     5.2.6.5    Analyst’s Point-of-View
         5.2.7    VOSS Automotive GmbH
                     5.2.7.1    Company Overview
                                    5.2.7.1.1    Role of VOSS Automotive GmbH in the Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                      5.2.7.1.1.1    Product Portfolio
                                                                           5.2.7.1.1.1.1    VOSS Automotive GmbH: Product Portfolio
                     5.2.7.2    Analyst’s Point-of-View
         5.2.8    Denso Corporation
                     5.2.8.1    Company Overview
                                    5.2.8.1.1    Role of Denso Corporation in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                      5.2.8.1.1.1    Product Portfolio
                                                      5.2.8.1.1.2    Denso Corporation: Product Portfolio
                                                      5.2.8.1.1.3    Production Sites
                     5.2.8.2    Business Strategies
                                    5.2.8.2.1    Product Development
                                                      5.2.8.2.1.1    Denso Corporation: Product Development
                     5.2.8.3    R&D Analysis
                                    5.2.8.3.1    Denso Corporation: R&D Analysis
                     5.2.8.4    Analyst’s Point-of-View
         5.2.9    Hanon Systems
                     5.2.9.1    Company Overview
                                    5.2.9.1.1    Role of Hanon Systems in the Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                      5.2.9.1.1.1    Product Portfolio
                                                                           5.2.9.1.1.1.1    Hanon Systems: Product Portfolio
                                                      5.2.9.1.1.2    Production Sites
                     5.2.9.2    Business Strategies
                                    5.2.9.2.1    Market Development
                                                      5.2.9.2.1.1    Hanon Systems: Market Development
                     5.2.9.3    Corporate Strategies
                                    5.2.9.3.1    Mergers and Acquisitions
                                                      5.2.9.3.1.1    Hanon Systems: Mergers and Acquisitions
                     5.2.9.4    R&D Analysis
                                    5.2.9.4.1    Hanon Systems: R&D Analysis
                     5.2.9.5    Analyst’s Point-of-View
       5.2.10    Grayson Thermal Systems
                     5.2.10.1    Company Overview
                                      5.2.10.1.1    Role of Grayson Thermal Systems in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                          5.2.10.1.1.1    Product Portfolio
                                                                                 5.2.10.1.1.1.1    Grayson Thermal Systems: Product Portfolio
                                                          5.2.10.1.1.2    Production Sites
                     5.2.10.2    Business Strategies
                                      5.2.10.2.1    Product Development
                                                          5.2.10.2.1.1    Grayson Thermal Systems: Product Development
                     5.2.10.3    Analyst’s Point-of-View
       5.2.11    Polymer Science, Inc.
                     5.2.11.1    Company Overview
                                      5.2.11.1.1    Role of Polymer Science, Inc. in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                          5.2.11.1.1.1    Product Portfolio
                                                                                 5.2.11.1.1.1.1    Polymer Science, Inc.: Product Portfolio
                     5.2.11.2    Business Strategies
                                      5.2.11.2.1    Product Development
                                                          5.2.11.2.1.1    Polymer Science, Inc.: Product Development
                     5.2.11.3    Analyst’s Point-of-View
       5.2.12    LG Chem.
                     5.2.12.1    Company Overview
                                      5.2.12.1.1    Role of LG Chem. in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                          5.2.12.1.1.1    Product Portfolio
                                                                                 5.2.12.1.1.1.1    LG Chem.: Product Portfolio
                                                          5.2.12.1.1.2    Production Sites
                     5.2.12.2    Business Strategies
                                      5.2.12.2.1    Product Development
                                                          5.2.12.2.1.1    LG Chem.: Product Development
                     5.2.12.3    R&D Analysis
                                      5.2.12.3.1    LG Chem.: R&D Analysis
                     5.2.12.4    Analyst’s Point-of-View
       5.2.13    Gentherm Incorporated
                     5.2.13.1    Company Overview
                                      5.2.13.1.1    Role of Gentherm Incorporated in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                          5.2.13.1.1.1    Product Portfolio
                                                                                 5.2.13.1.1.1.1    Gentherm Incorporated: Product Portfolio
                                                          5.2.13.1.1.2    Production Sites
                     5.2.13.2    Business Strategies
                                      5.2.13.2.1    Market Development
                                                          5.2.13.2.1.1    Gentherm Incorporated: Market Development
                     5.2.13.3    R&D Analysis
                                      5.2.13.3.1    Gentherm Incorporated: R&D Analysis
                     5.2.13.4    Analyst’s Point-of-View
       5.2.14    Continental AG
                     5.2.14.1    Company Overview
                                      5.2.14.1.1    Role of Continental AG in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                          5.2.14.1.1.1    Product Portfolio
                                                                                 5.2.14.1.1.1.1    Continental AG: Product Portfolio
                                                          5.2.14.1.1.2    Production Sites
                     5.2.14.2    Business Strategies
                                      5.2.14.2.1    Market Development
                                                          5.2.14.2.1.1    Continental AG: Market Development
                     5.2.14.3    R&D Analysis
                                      5.2.14.3.1    Continental AG: R&D Analysis
                     5.2.14.4    Analyst’s Point-of-View
       5.2.15    Calogy Solutions
                     5.2.15.1    Company Overview
                                      5.2.15.1.1    Role of Calogy Solutions in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                          5.2.15.1.1.1    Product Portfolio
                                                                                 5.2.15.1.1.1.1    Calogy Solutions: Product Portfolio
                     5.2.15.2    Analyst’s Point-of-View
       5.2.16    Carrar
                     5.2.16.1    Company Overview
                                      5.2.16.1.1    Role of Carrar in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                          5.2.16.1.1.1    Product Portfolio
                                                                                 5.2.16.1.1.1.1    Carrr: Product Portfolio
                     5.2.16.2    Analyst’s Point-of-View
       5.2.17    Amionx
                     5.2.17.1    Company Overview
                                      5.2.17.1.1    Role of Amionx in Battery Thermal Management System Market for Mobility and Consumer Electronics
                                                          5.2.17.1.1.1    Product Portfolio
                                                                                 5.2.17.1.1.1.1    Amionx: Product Portfolio
                     5.2.17.2    Analyst’s Point-of-View

Research Methodology

Table 1:    List of Consortiums and Associations
Table 2:    List of Regulatory Bodies
Table 3:    List of Government Programs
Table 4:    List of Programs by Research Institutions and Universities
Table 5:    List of Key Start-Ups in the Ecosystem
Table 6:    Funding Analysis of Key Start-Ups in the Ecosystem
Table 7:    List of Key Product Developments, 2019-2022
Table 8:    List of Key Market Developments, 2019-2022
Table 9:    List of Key Mergers and Acquisitions, 2019-2022
Table 10:    List of Key Partnerships and Joint Ventures, 2019-2022
Table 11:    List of Key Collaborations and Alliances, 2019-2022
Table 12:    Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 13:    Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 14:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 15:    Comparison between Lead Acid Battery, Nickel-Cadmium Battery, Nickel Metal Hydride, and Lithium-Ion Battery
Table 16:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 17:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 18:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Region), $Million, 2021-2031
Table 19:    North America Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 20:    North America Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 21:    North America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 22:    North America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 23:    North America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 24:    U.S. Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 25:    U.S. Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 26:    U.S. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 27:    U.S. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 28:    U.S. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 29:    Canada Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 30:    Canada Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 31:    Canada Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 32:    Canada Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 33:    Canada Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 34:    Mexico Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 35:    Mexico Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 36:    Mexico Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 37:    Mexico Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 38:    Mexico Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 39:    Europe Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 40:    Europe Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 41:    Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 42:    Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 43:    Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 44:    Germany Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 45:    Germany Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 46:    Germany Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 47:    Germany Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 48:    Germany Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 49:    France Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 50:    France Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 51:    France Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 52:    France Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 53:    France Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 54:    Italy Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 55:    Italy Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 56:    Italy Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 57:    Italy Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 58:    Italy Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 59:    Spain Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 60:    Spain Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 61:    Spain Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 62:    Spain Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 63:    Spain Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 64:    Rest-of-Europe Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 65:    Rest-of-Europe Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 66:    Rest-of-Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 67:    Rest-of-Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 68:    Rest-of-Europe Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 69:    U.K. Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 70:    U.K. Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 71:    U.K. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 72:    U.K. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 73:    U.K. Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 74:    China Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 75:    China Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 76:    China Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 77:    China Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 78:    China Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 79:    Asia-Pacific and Japan Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 80:    Asia-Pacific and Japan Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 81:    Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 82:    Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 83:    Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 84:    Japan Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 85:    Japan Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 86:    Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 87:    Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 88:    Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 89:    South Korea Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 90:    South Korea Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 91:    South Korea Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 92:    South Korea Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 93:    South Korea Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 94:    India Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 95:    India Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 96:    India Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 97:    India Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 98:    India Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 99:    Australia Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 100:    Australia Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 101:    Australia Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 102:    Australia Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 103:    Australia Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 104:    Rest-of-Asia-Pacific and Japan Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 105:    Rest-of-Asia-Pacific and Japan Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 106:    Rest-of-Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 107:    Rest-of-Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 108:    Rest-of-Asia-Pacific and Japan Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 109:    Rest-of-the-World Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 110:    Rest-of-the-World Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 111:    Rest-of-the-World Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 112:    Rest-of-the-World Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 113:    Rest-of-the-World Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 114:    South America Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 115:    South America Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 116:    South America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 117:    South America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 118:    South America Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 119:    Middle East and Africa Battery Thermal Management System Market for Mobility (by Application), $Million, 2021-2031
Table 120:    Middle East and Africa Battery Thermal Management System Market for Consumer Electronics (by Application), $Million, 2021-2031
Table 121:    Middle East and Africa Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021-2031
Table 122:    Middle East and Africa Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021-2031
Table 123:    Middle East and Africa Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021-2031
Table 124:    Market Share Analysis of Key Companies in Battery Thermal Management System Market for Mobility and Consumer Electronics, 2021
Table 125:    Product Matrix Based on Type of Battery Thermal Management System in Key Companies

Figure 1:    Battery Thermal Management System Market for Mobility and Consumer Electronics Snapshot, $Million, 2021, 2022, and 2031
Figure 2:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021 and 2031
Figure 3:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Type), $Million, 2021 and 2031
Figure 4:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Battery Type), $Million, 2021 and 2031
Figure 5:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Technology), $Million, 2021 and 2031
Figure 6:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Region), $Million, 2021 and 2031
Figure 7:    Battery Thermal Management System Market for Mobility and Consumer Electronics Coverage
Figure 8:    Supply Chain Analysis for Battery Thermal Management System Market for Mobility and Consumer Electronics
Figure 9:    Major Findings of the Electric Vehicle Market
Figure 10:    Global Electric Vehicle Market Snapshot
Figure 11:    Battery Thermal Management System Market for Mobility and Consumer Electronics: Business Dynamics
Figure 12:    Share of Key Market Strategies and Developments, 2019-2022
Figure 13:    Share of Product Development (by Company), 2019-2022
Figure 14:    Share of Market Development (by Company), 2019-2022
Figure 15:    Partnerships, Collaborations, Mergers and Acquisitions, and Joint Ventures, 2019-2022
Figure 16:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application)
Figure 17:    Battery Thermal Management System Market for Mobility and Consumer Electronics (by Application), $Million, 2021-3031
Figure 18:    Product Benchmarking for Type of Battery Thermal Management System
Figure 19:    Product Benchmarking for Battery Type
Figure 20:    Product Benchmarking for Technology
Figure 21:    Global Patent Filed and Granted, January 2019-July 2022
Figure 22:    Patents Filed by Leading Countries, January 2019-July 2022
Figure 23:    Patents Granted to Leading Countries, January 2019-July 2022
Figure 24:    Competitive Positioning Matrix, 2021
Figure 25:    3M: R&D Expenditure, $Billion, 2019-2021
Figure 26:    Robert Bosch GmbH: R&D Expenditure, $Billion, 2019-2021
Figure 27:    Valeo: R&D Expenditure, $Billion, 2019-2021
Figure 28:    Mahle GmbH: R&D Expenditure, $Million, 2019-2021
Figure 29:    SAMSUNG SDI CO., LTD.: R&D Expenditure, $Million, 2019-2021
Figure 30:    BorgWarner Inc.: R&D Expenditure, $Million, 2019-2021
Figure 31:    Denso Corporation: R&D Expenditure, $Billion, 2019-2021
Figure 32:    Hanon Systems: R&D Expenditure, $Million, 2019-2021
Figure 33:    LG Chem.: R&D Expenditure, $Million, 2019-2021
Figure 34:    Gentherm Incorporated: R&D Expenditure, $Million, 2019-2021
Figure 35:    Continental AG: R&D Expenditure, $Billion, 2019-2021
Figure 36:    Research Methodology
Figure 37:    Top-Down and Bottom-Up Approach
Figure 38:    Influencing Factors of the Battery Thermal Management System Market for Mobility and Consumer Electronics
Figure 39:    Assumptions and Limitations

Market Report Coverage

Battery Thermal Management System Market for Mobility and Consumer Electronics

Base Year

2021

Market Size in 2021

$4,462.47 Million

Forecast Period

2022-2031

Value Projection and Estimation by 2031

$31,130.01 Million

CAGR During Forecast Period

23.07%

Number of Tables

125

Number of Pages

225

Number of Figures

39

 

Key Market Players and Competition Synopsis

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

Some prominent names established in this market 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

How Can This Report Add Value to an Organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types, technologies, and battery types available for the battery thermal management system market and its potential globally. Moreover, the study gives the reader a detailed understanding of the different battery thermal management applications in mobility and consumer electronics.

Growth/Marketing Strategy: Business expansion, partnership, collaboration, and joint venture are some key strategies adopted by the key players operating in the space; for instance, in November 2021, Hanon Systems inaugurated a new manufacturing facility in Gyeongju, South Korea, which will focus on eco-friendly thermal management solutions.

Competitive Strategy: Key players in the battery thermal management system market for mobility and consumer electronics analyzed and profiled in the study involve the battery thermal management systems manufacturers. Moreover, a detailed competitive benchmarking of the players operating in the battery thermal management system market for mobility and consumer electronics has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Industry & Technology Overview

Battery Thermal Management System Market for Mobility and Consumer Electronics Industry Overview

The battery thermal management system market for mobility and consumer electronics was estimated to be at $4,462.47 million in 2021, which is expected to grow with a CAGR of 23.07% and reach $31,130.01 million by 2031. The growth in the automotive battery thermal management system market is expected to be driven by the rising demand for electric vehicles worldwide. Further, the rising design complexities leading to increased prices are the key restraining factors in the industry.

Market Lifecycle Stage

The battery thermal management system market for mobility and consumer electronics is in the developing phase. The rising demand for lithium-ion batteries in electronic devices, electric vehicles, and other consumer electronic devices is expected to boost the battery thermal management market for mobility and consumer electronics. Further, the lack of standardization process for the consumer electronics battery thermal management system is hampering the growth of the market.

Figure: Battery Thermal Management System Market for Mobility and Consumer Electronics Snapshot , $Million, 2021, 2022, and 2031

Battery Thermal Management System Market for Mobility and Consumer Electronics

Impact

Battery thermal management systems are the devices responsible for managing heat dissipation during the electrochemical processes in the cells, allowing efficient and safe use of the battery. The major objective of the system is to prevent accelerated battery deterioration by managing the heat generated by its components for continuous operation at optimum temperature. Increasing focus on preventing safety hazards brings significant growth opportunities for the battery thermal management system market for mobility and consumer electronics.

Impact of COVID-19

The impact of COVID-19 on the battery thermal management system market for mobility and consumer electronics was severe. Moreover, due to a temporary shutdown of the manufacturing units across different regions of the world, the volume of production declined. However, with the opening of the markets and rising operations of the original equipment manufacturers (OEMs), the market is expected to gain momentum.

Market Segmentation:

Segmentation 1: by Application
•    Mobility
        o    Passenger Vehicles
        o    Commercial Vehicles
•    Consumer Electronics
        o    Mobile Phones
        o    Laptops and Tablets
        o    Wearables
        o    Others

The mobility segment dominated the battery thermal management system market for mobility and consumer electronics (by application) in 2021 and was the largest segment due to the rising sales of electric vehicles across the globe. The mobility battery thermal management systems are used for keeping the batteries in automobiles in the operative range of temperature. The system is paramount to battery safety as it reduces the excessive heat generated by the batteries and promotes heat shedding in the environment.

Segmentation 2: by Type
•    Active
•    Passive
•    Hybrid

The active segment dominated the battery thermal management system market for mobility and consumer electronics (by type) in 2021 and was the largest segment due to growing demand from end-use industries such as automotive and consumer electronics. The major rise is witnessed due to the higher battery efficiency for maintaining the system's temperature. Recently, the rise in the immersion of cells has been increasing and seeking the interests of industrialists, helping in the growth of the active battery thermal management system market for mobility and consumer electronics.

Segmentation 3: by Technology
•    Air Cooling and Heating
•    Liquid Cooling and Heating
•    Refrigerant Cooling and Heating
•    Other Technologies

The liquid cooling and heating segment held the majority share in 2021 in the battery thermal management system market for mobility and consumer electronics (by technology) as it utilizes pumped liquid for removing thermal energy generated inside the battery pack. It provides superior thermal enforcement compared to the other technologies as it is suitable for both rectangular prismatic and pouch cells.

Segmentation 4: by Battery Type
•    Conventional Batteries
•    Solid-State Batteries

The conventional batteries segment held the majority share in the battery thermal management system market for mobility and consumer electronics (by battery type) in 2021. The conventional batteries used in electric vehicles have a flooded electrolyte and are highly accessible at a lower cost. Some major batteries under conventional battery segments are lead-acid-based, nickel-based batteries, lithium-ion batteries, and many others. The rising demand for lithium-ion batteries is contributing significantly toward the dominant share of the conventional batteries segment in the market and is expected to propel the growth of the segment during the forecast period 2022-2031.

Segmentation 5: by Region
•    North America - U.S., Canada, and Mexico
•    Europe - Germany, France, Italy, Spain, and Rest-of-Europe
•    China
•    U.K.
•    Asia-Pacific and Japan - Japan, South Korea, India, Australia, and Rest-of-Asia-Pacific and Japan
•    Rest-of-the-World - Middle East and Africa and South America

China region dominates the battery thermal management system market for mobility and consumer electronics due to the presence of a large electric vehicle industry, leading industry players across the supply chain, and a fast-developing economy.

Recent Developments in Global Battery Thermal Management System Market for Mobility and Consumer Electronics

•    In March 2022, Hanon Systems expanded its thermal management production by launching a new facility in Hubei, China. The plant would focus on developing heating, ventilation, and air conditioning (HVAC) modules for electric vehicles.
•   In February 2021, Mahle GmbH acquired Keihin Corporation's thermal management business in Thailand, Japan, and the U.S.

Demand – Drivers and Limitations

Following are the demand drivers for the battery thermal management system market for mobility and consumer electronics:

•    Rising Demand for Electric Vehicles (EVs)
•    Increasing Stringent Government Regulations
•    Rising Demand for Consumer Electronics

The market is expected to face some limitations too due to the following challenge:

•    High Design Complexities with New Systems
•    Expensive Battery Thermal Management System Technology

Analyst's Thoughts

According to Neha Singh, Sr. Research Associate, BIS Research, "The battery thermal management system market for mobility and consumer electronics is growing due to increasing demand for advanced solutions for emission reduction and protection from safety hazards. The rising demand for electric vehicles will provide growth in the battery thermal management system market for mobility segment. In contrast, the growing complexities in the integrity of the electronics system will hamper the consumer electronics battery thermal management system market growth in the future."

FAQ's

What is a battery thermal management system?

Battery thermal management systems are the devices responsible for managing heat dissipation during the electrochemical processes in the cells, allowing efficient and safe use of the battery. The major objective of the system is to prevent accelerated battery deterioration by managing the heat generated by its components for continuous operation at optimum temperature.

What are the key trends in the battery thermal management system market for mobility and consumer electronics?

The key trends in the battery thermal management system market for mobility and consumer electronics include the rising acceptance of lithium-ion batteries in multiple applications in automobiles and consumer electronics.

What new strategies are being adopted by the existing market players to strengthen their market position in the industry?

The battery thermal management system market for mobility and consumer electronics has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture.

For a new company looking to enter the battery thermal management system market for mobility and consumer electronics, which areas could it focus upon to stay ahead of the competition?

A new entrant can focus on developing and providing hybrid battery thermal management systems that are more effective and help in fulfilling the environmental goals set by the government and companies.

What is the USP of this report?

The following are some of the USPs of the report:

• Market ranking analysis based on product portfolio, recent developments, and regional spread 
• The analysis of key start-ups and patents analysis across the region.

Who should buy this report?

The report is suitable for battery thermal management systems manufacturers and companies involved in electronic device manufacturing and automobile manufacturing.

You may also like

Published Year:2022

Lithium-Ion Battery Metals Market - A Global and Regional Analysis: Focus on Constituent Metal, Cell

The lithium-ion battery metals market was valued at $14,539.70 million in 2021 and is expected...

Published Year:2022

Structural Adhesives and Sealants for EV Batteries - A Global and Regional Market Analysis: Focus on

The global structural adhesives and sealants market for EV batteries is expected to reach...

Published Year:2021

Acoustic and Thermal Insulation Market for Electric Vehicles - A Global and Regional Analysis: Focus

The global acoustic and thermal insulation market for electric vehicles was valued at $134.4...

Published Year:2021

Electric Vehicle (EV) Battery Housing Market - A Global and Regional Analysis: Focus on Battery Hous

The global EV battery housing market generated revenue of $873.4 million in 2020 and is...

Published Year:2021

Refrigeration Components Market for Battery Thermal Management System (BTMS) and Charging Sy

The global refrigeration components market for electric vehicles is expected to create an...

Battery Thermal Management System Market for Mobility and Consumer Electronics - A Global and Regional Analysis

Focus on Application, Type, Battery Type, Technology, and Region - Analysis and Forecast, 2022-2031