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Refrigeration Components Market for Battery Thermal Management System (BTMS) and Charging System for Electric Vehicles – A Global and Regional Analysis

Focus on Applications (Battery Thermal Management System and Charging System), Component Types (Expansion Valve, Controller, Compressor, Filter Drier, Evaporator, Condenser, and Others), Propulsion Type (BEVs, HEVs, and PHEVs), and Region - Analysis and Forecast, 2020-2025

 
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The challenges restricting the growth of the market include high cost of thermal system technology and R&D costs, electric vehicle battery causes high heat generation, and design complexities in components used for battery thermal management system.

Factors driving the growth of the market include rapid growth and development of electric vehicles, dominance of vapor compression system in AC system of conventional ICEVS, and automotive battery thermal management system crucial for improving battery performance and efficiency.

Applications of the refrigeration components market for battery thermal management system (BTMS) and charging system for electric vehicles include battery thermal management system and high-power charging system.

The propulsion types covered under the market include battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and plug-in electric vehicles (PHEVs).

The key market players in the global refrigeration component market for electric vehicles include Hella, Hanon Systems, Robert Bosch, Gantherm Incorporated, Valeo, and Denso Corporation, among others.

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