Electric Vehicle Battery Heating Systems Market

Market Insights

The electric vehicle battery heating systems market is expected to cross-market value of USD 5,046.7 million in 2027 from USD 1,743.2 million in 2020. It is expected to grow at a CAGR of over 16.4% during the forecast period.

Key Market Drivers and Restraints

Growing demand for electric vehicles and the need for improved battery life and performance are factors expected to drive the growth of the global electric vehicle battery heating systems market. Also, the installation of battery heating systems in the vehicles to maintain battery temperature and technological advancement in EV battery heating systems have boosted the growth of the global electric vehicle battery heating systems market over the forecast period.

However, the high manufacturing cost of the battery heating systems is expected to hamper the global electric vehicle battery heating systems market. On the other hand, the adoption of advanced Li-ion batteries and increasing demand for thermal protection are expected to create potential opportunities for the prominent manufacturers operating in the market.

Impact of COVID 19

The electric vehicle battery heating systems market will show considerable growth on the back of the global pandemic. However, due to the COVID-19 outbreak, a global or partial shutdown has had a negative impact on the supply chain and product demand. In addition, a decrease in trading activities and transportation restrictions during this pandemic has impacted the market growth negatively and hampered its growth.

The Asia Pacific to Dominate the global electric vehicle battery heating systems market

The global electric vehicle battery heating systems market covers six regions, namely Europe, North America, Asia Pacific, Latin America (LATAM), Middle East, and Africa, including all the key economies in these regions. However, the Asia Pacific is dominated by the global market and accounts for more than 31.4% of the target market. This is attributed to increasing demand for the battery heating systems in electric vehicles and rising collaboration among players to enhance market penetration.

Air cooling and heating system would continue to dominate the global electric vehicle battery heating systems market in terms of technology.

Air cooling and heating system, liquid cooling and heating system, direct refrigerant cooling and heating system, phase change material (PCM) system, thermo-electric system, and others are the technology of the electric vehicle battery heating systems market. In 2020, the air cooling and heating system segment accounted for the largest share of the global electric vehicle battery heating systems market, owing to growing demand in the commercial and residential sectors.

Battery electric vehicle is the major segment in the global electric vehicle battery heating systems market in terms of vehicle type.

Battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles (HEVs), and fuel cell electric vehicles are the vehicle type of electric vehicle battery heating systems market. In 2020, the battery electric vehicles segment accounted for the largest share of the global electric vehicle battery heating systems market.

Aftermarket is the major segment in Sales Channel’s global electric vehicle battery heating systems market.

Based on sales channels, the global electric vehicle battery heating systems market is segregated into original equipment manufacturer (OEM) and aftermarket. In 2020, the aftermarket segment accounted for a significant share 2020 of the global electric vehicle battery heating systems market.

1.Preface

1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation

2.Executive Summary
2.1.Market Snapshot: Global Electric Vehicle Battery Heating Systems Market

3.Market Dynamics
3.1.Introduction
3.1.1. Global Electric Vehicle Battery Heating Systems Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition,2020
3.3.1.Technology
3.3.2.Vehicle Type
3.3.3.Sales Channel
3.3.4.Geography

4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players

5.COVID 19 Impact Analysis
5.1.Global Electric Vehicle Battery Heating Systems Market Pre Vs Post COVID 19, 2019 – 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply

6.North America
6.1.North America Electric Vehicle Battery Heating Systems Market, by Country, 2015-2027(US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027(US$ Bn)
6.2.1.Overview
6.2.2.Air Cooling and Heating System
6.2.3.Liquid Cooling and Heating System
6.2.4.Direct Refrigerant Cooling and Heating System
6.2.5.Phase Change Material (PCM) System
6.2.6.Thermo-Electric System
6.2.7.Others
6.3.North America Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027(US$ Bn)
6.3.1.Overview
6.3.2.Battery Electric Vehicles (BEVs)
6.3.3.Plug-In Hybrid Electric Vehicles (PHEVs)
6.3.4.Hybrid Electric Vehicles (HEVs)
6.3.5.Fuel Cell Electric Vehicles
6.4.North America Electric Vehicle Battery Heating Systems Market, By Sales Channel, 2015-2027(US$ Bn)
6.4.1.Overview
6.4.2.Original Equipment Manufacturer (OEM)
6.4.3.Aftermarket

7.Europe
7.1.Europe Electric Vehicle Battery Heating Systems Market, by Country, 2015-2027(US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027(US$ Bn)
7.2.1.Overview
7.2.2.Air Cooling and Heating System
7.2.3.Liquid Cooling and Heating System
7.2.4.Direct Refrigerant Cooling and Heating System
7.2.5.Phase Change Material (PCM) System
7.2.6.Thermo-Electric System
7.2.7.Others
7.3.Europe Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027(US$ Bn)
7.3.1.Overview
7.3.2.Battery Electric Vehicles (BEVs)
7.3.3.Plug-In Hybrid Electric Vehicles (PHEVs)
7.3.4.Hybrid Electric Vehicles (HEVs)
7.3.5.Fuel Cell Electric Vehicles
7.4.Europe Electric Vehicle Battery Heating Systems Market, By Sales Channel, 2015-2027(US$ Bn)
7.4.1.Overview
7.4.2.Original Equipment Manufacturer (OEM)
7.4.3.Aftermarket

8.Asia Pacific
8.1.Asia Pacific Electric Vehicle Battery Heating Systems Market, by Country, 2015-2027(US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027(US$ Bn)
8.2.1.Overview
8.2.2.Air Cooling and Heating System
8.2.3.Liquid Cooling and Heating System
8.2.4.Direct Refrigerant Cooling and Heating System
8.2.5.Phase Change Material (PCM) System
8.2.6.Thermo-Electric System
8.2.7.Others
8.3.Asia Pacific Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027(US$ Bn)
8.3.1.Overview
8.3.2.Battery Electric Vehicles (BEVs)
8.3.3.Plug-In Hybrid Electric Vehicles (PHEVs)
8.3.4.Hybrid Electric Vehicles (HEVs)
8.3.5.Fuel Cell Electric Vehicles
8.4.Asia Pacific Electric Vehicle Battery Heating Systems Market, By Sales Channel, 2015-2027(US$ Bn)
8.4.1.Overview
8.4.2.Original Equipment Manufacturer (OEM)
8.4.3.Aftermarket

9.Latin America
9.1.Latin America Electric Vehicle Battery Heating Systems Market, by Country, 2015-2027(US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027(US$ Bn)
9.2.1.Overview
9.2.2.Air Cooling and Heating System
9.2.3.Liquid Cooling and Heating System
9.2.4.Direct Refrigerant Cooling and Heating System
9.2.5.Phase Change Material (PCM) System
9.2.6.Thermo-Electric System
9.2.7.Others
9.3.Latin America Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027(US$ Bn)
9.3.1.Overview
9.3.2.Battery Electric Vehicles (BEVs)
9.3.3.Plug-In Hybrid Electric Vehicles (PHEVs)
9.3.4.Hybrid Electric Vehicles (HEVs)
9.3.5.Fuel Cell Electric Vehicles
9.4.Latin America Electric Vehicle Battery Heating Systems Market, By Sales Channel, 2015-2027(US$ Bn)
9.4.1.Overview
9.4.2.Original Equipment Manufacturer (OEM)
9.4.3.Aftermarket

10.Middle East
10.1.Middle East Electric Vehicle Battery Heating Systems Market, by Country, 2015-2027(US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027(US$ Bn)
10.2.1.Overview
10.2.2.Air Cooling and Heating System
10.2.3.Liquid Cooling and Heating System
10.2.4.Direct Refrigerant Cooling and Heating System
10.2.5.Phase Change Material (PCM) System
10.2.6.Thermo-Electric System
10.2.7.Others
10.3.Middle East Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027(US$ Bn)
10.3.1.Overview
10.3.2.Battery Electric Vehicles (BEVs)
10.3.3.Plug-In Hybrid Electric Vehicles (PHEVs)
10.3.4.Hybrid Electric Vehicles (HEVs)
10.3.5.Fuel Cell Electric Vehicles
10.4.Middle East Electric Vehicle Battery Heating Systems Market, By Sales Channel, 2015-2027(US$ Bn)
10.4.1.Overview
10.4.2.Original Equipment Manufacturer (OEM)
10.4.3.Aftermarket

11.Africa
11.1.Africa Electric Vehicle Battery Heating Systems Market, by Country, 2015-2027(US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027(US$ Bn)
11.2.1.Overview
11.2.2.Air Cooling and Heating System
11.2.3.Liquid Cooling and Heating System
11.2.4.Direct Refrigerant Cooling and Heating System
11.2.5.Phase Change Material (PCM) System
11.2.6.Thermo-Electric System
11.2.7.Others
11.3.Africa Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027(US$ Bn)
11.3.1.Overview
11.3.2.Battery Electric Vehicles (BEVs)
11.3.3.Plug-In Hybrid Electric Vehicles (PHEVs)
11.3.4.Hybrid Electric Vehicles (HEVs)
11.3.5.Fuel Cell Electric Vehicles
11.4.Africa Electric Vehicle Battery Heating Systems Market, By Sales Channel, 2015-2027(US$ Bn)
11.4.1.Overview
11.4.2.Original Equipment Manufacturer (OEM)
11.4.3.Aftermarket

12.Global
12.1.Global Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027(US$ Bn)
12.1.1.Overview
12.1.2.Air Cooling and Heating System
12.1.3.Liquid Cooling and Heating System
12.1.4.Direct Refrigerant Cooling and Heating System
12.1.5.Phase Change Material (PCM) System
12.1.6.Thermo-Electric System
12.1.7.Others
12.2.Global Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027(US$ Bn)
12.2.1.Overview
12.2.2.Battery Electric Vehicles (BEVs)
12.2.3.Plug-In Hybrid Electric Vehicles (PHEVs)
12.2.4.Hybrid Electric Vehicles (HEVs)
12.2.5.Fuel Cell Electric Vehicles
12.3.Global Electric Vehicle Battery Heating Systems Market, By Sales Channel, 2015-2027(US$ Bn)
12.3.1.Overview
12.3.2.Original Equipment Manufacturer (OEM)
12.3.3.Aftermarket

13.Company Profiles
13.1.Continental AG
13.2.LG Chem
13.3.Gentherm Incorporated
13.4.Marelli Corporation
13.5.Samsung SDI Co.
13.6.Valeo
13.7.Robert Bosch GmbH
13.8.Hanon Systems
13.9.MAHLE GmbH
13.10.Dana Incorporated
Others

List of Figures

FIG. 1Global Electric Vehicle Battery Heating Systems Market: Research Methodology
FIG. 2Market Size Estimation – Top Down & Bottom up Approach
FIG. 3Global Electric Vehicle Battery Heating Systems Market Segmentation
FIG. 4Global Electric Vehicle Battery Heating Systems Market, by Technology, 2019 (US$ Bn)
FIG. 5Global Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2019 (US$ Bn)
FIG. 6Global Electric Vehicle Battery Heating Systems Market, by Sales Channel, 2019 (US$ Bn)
FIG. 7Global Electric Vehicle Battery Heating Systems Market, by Geography, 2019 (US$ Bn)
FIG. 8Attractive Investment Proposition, by Geography, 2019
FIG. 9Global Market Positioning of Key Electric Vehicle Battery Heating Systems Market Manufacturers, 2019
FIG. 10Global Electric Vehicle Battery Heating Systems Market Value Contribution, By Technology, 2019 & 2027 (Value %)
FIG. 11Global Electric Vehicle Battery Heating Systems Market Value Contribution, By Vehicle Type, 2019 & 2027 (Value %)
FIG. 12Global Electric Vehicle Battery Heating Systems Market Value Contribution, By Sales Channel, 2019 & 2027 (Value %)
FIG. 13U.S. Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 14Rest of North America Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 15U.K. Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 16Germany Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 17France Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 18Rest of Europe Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 19Japan Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 20China Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 21India Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 22Rest of Asia Pacific Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
FIG. 23Middle East & Africa Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)
Latin America Electric Vehicle Battery Heating Systems Market, 2015-2027 (US$ Bn)

List of Tables

TABLE 1Market Snapshot: Global Electric Vehicle Battery Heating Systems Market
TABLE 2Global Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027 (US$ Bn)
TABLE 3Global Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027 (US$ Bn)
TABLE 4Global Electric Vehicle Battery Heating Systems Market, by Sales Channel, 2015-2027 (US$ Bn)
TABLE 5Global Electric Vehicle Battery Heating Systems Market, by Geography, 2015-2027 (US$ Bn)
TABLE 6North America Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027 (US$ Bn)
TABLE 7North America Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027 (US$ Bn)
TABLE 8North America Electric Vehicle Battery Heating Systems Market, by Sales Channel, 2015-2027 (US$ Bn)
TABLE 9North America Electric Vehicle Battery Heating Systems Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 10Europe Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027 (US$ Bn)
TABLE 11Europe Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027 (US$ Bn)
TABLE 12Europe Electric Vehicle Battery Heating Systems Market, by Sales Channel, 2015-2027 (US$ Bn)
TABLE 13Europe Electric Vehicle Battery Heating Systems Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 14Asia Pacific Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027 (US$ Bn)
TABLE 15Asia Pacific Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027 (US$ Bn)
TABLE 16Asia Pacific Electric Vehicle Battery Heating Systems Market, by Sales Channel, 2015-2027 (US$ Bn)
TABLE 17Asia Pacific Electric Vehicle Battery Heating Systems Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 18Latin America Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027 (US$ Bn)
TABLE 19Latin America Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027 (US$ Bn)
TABLE 20Latin America Electric Vehicle Battery Heating Systems Market, by Sales Channel, 2015-2027 (US$ Bn)
TABLE 21Latin America Electric Vehicle Battery Heating Systems Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 22Middle East Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027 (US$ Bn)
TABLE 23Middle East Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027 (US$ Bn)
TABLE 24Middle East Electric Vehicle Battery Heating Systems Market, by Sales Channel, 2015-2027 (US$ Bn)
TABLE 25Middle East Electric Vehicle Battery Heating Systems Market, by Shape, 2015-2027 (US$ Bn)
TABLE 26Middle East Electric Vehicle Battery Heating Systems Market, by Application, 2015-2027 (US$ Bn)
TABLE 27Middle East Electric Vehicle Battery Heating Systems Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 28Africa Electric Vehicle Battery Heating Systems Market, by Technology, 2015-2027 (US$ Bn)
TABLE 29Africa Electric Vehicle Battery Heating Systems Market, by Vehicle Type, 2015-2027 (US$ Bn)
TABLE 30Africa Electric Vehicle Battery Heating Systems Market, by Sales Channel, 2015-2027 (US$ Bn)
TABLE 31Africa Electric Vehicle Battery Heating Systems Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 32Continental AG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33LG Chem: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34Gentherm Incorporated: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35Marelli Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 36Samsung SDI Co.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 37Valeo: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 38Robert Bosch GmbH: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 39Hanon Systems: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 40MAHLE GmbH: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 41Dana Incorporated: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 42Others: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments