Global EV Thermal Management Solutions Market Growth (Status and Outlook) 2025-2031

The global EV Thermal Management Solutions market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Managing the temperature of the battery pack is one of the most critical aspects of EV thermal management. Heat can adversely affect the performance and lifespan of lithium-ion batteries. Solutions for battery thermal management include liquid cooling systems, air cooling systems, and phase change materials designed to maintain optimal battery operating temperatures. The electric motor in an EV generates heat during operation, and proper cooling is required to maintain efficiency and prevent overheating. Cooling solutions for electric motors include liquid cooling and air cooling systems.

LPI (LP Information)' newest research report, the “EV Thermal Management Solutions Industry Forecast” looks at past sales and reviews total world EV Thermal Management Solutions sales in 2024, providing a comprehensive analysis by region and market sector of projected EV Thermal Management Solutions sales for 2025 through 2031. With EV Thermal Management Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world EV Thermal Management Solutions industry.

This Insight Report provides a comprehensive analysis of the global EV Thermal Management Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on EV Thermal Management Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global EV Thermal Management Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for EV Thermal Management Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global EV Thermal Management Solutions.

This report presents a comprehensive overview, market shares, and growth opportunities of EV Thermal Management Solutions market by product type, application, key players and key regions and countries.

Segmentation by Type:
Electric Motor Thermal Management
Power Electronics Thermal Management
Battery Thermal Management
Others

Segmentation by Application:
Passenger Cars
Commercial Vehicles

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental Automotive
Denso
Bosch
SPAL Automotive
Johnson Electric
Valeo
Magneti Marelli
Ri Yong-Jea
BorgWarner
CARRAR
JBC-tech
infineon
TDK Electronics
MAHLE Group
Voss Automotive Inc
3M
Modine
Gentherm

Please note: The report will take approximately 2 business days to prepare and deliver. Show more