Global Thermal Management Modules for Electric Vehicle Market Growth 2025-2031

The global Thermal Management Modules for Electric Vehicle market size is predicted to grow from US$ 3854 million in 2025 to US$ 7192 million in 2031; it is expected to grow at a CAGR of 11.0% from 2025 to 2031.

Thermal Management Modules for Electric Vehicle are advanced systems designed to efficiently manage the thermal needs of various components within a vehicle, particularly in electric and hybrid vehicles. These modules integrate multiple thermal management functions into a single, compact system, optimizing the vehicle's performance, safety, and energy efficiency.

United States market for Thermal Management Modules for Electric Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Thermal Management Modules for Electric Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Thermal Management Modules for Electric Vehicle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Thermal Management Modules for Electric Vehicle players cover Sanhua, Mahle GmbH, Valeo, Ningbo Tuopu Group, Yinlun, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermal Management Modules for Electric Vehicle 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 Thermal Management Modules for Electric Vehicle.

This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Management Modules for Electric Vehicle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Refrigerant Side Integrated Module
Coolant Side Integrated Module
Refrigerant and Coolant Integrated Module

Segmentation by Application:
BEV
PHEV

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 analysing the company's coverage, product portfolio, its market penetration.
Sanhua
Mahle GmbH
Valeo
Ningbo Tuopu Group
Yinlun
Hanon Systems
Marelli
Bosch
HYUNDAI WIA
Schaeffler
TI Fluid Systems
Aisin
Denso Corporation
Songz Automobile Air Conditioning
Huayu Automotive Systems
Shanghai Dachuang Automotive Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Thermal Management Modules for Electric Vehicle market?

What factors are driving Thermal Management Modules for Electric Vehicle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Thermal Management Modules for Electric Vehicle market opportunities vary by end market size?

How does Thermal Management Modules for Electric Vehicle break out by Type, by Application?

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