Total: £ 56.28
Published Date: 2025-11-07 | Pages: 152 | Tables: 152 | Automobile & Transportation
The global EV Thermal System market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
An electric vehicle thermal system is a series of devices and components used to manage and control the heat of an electric vehicle. It includes components such as cooling systems, heating systems, temperature sensors, fans, radiators, heaters and associated pipework and pumps. The primary role of the EV thermal system is to maintain the critical components of the EV (e.g., batteries, electric motors, etc.) within a suitable operating temperature range to ensure vehicle performance, safety, and longevity. Cooling systems are used to remove heat when components such as batteries and electric motors overheat, while heating systems keep the vehicle's interior warm at low temperatures. The design and management of EV thermal systems is critical to the performance and reliability of EVs.
New energy vehicles are one of the key drivers of the sector. Global electric vehicles continue to grow rapidly, with total global sales of new energy vehicles exceeding 10 million units in 2022, a synchronised growth of 61%. China and Europe have been the main drivers of the strong growth in global electric vehicle sales. in 2022, China's new energy vehicle production and sales reached 7,058,000 and 6,887,000 respectively, up 96.9% and 93.4% year-on-year, and the production and sales of new energy vehicles have been ranked No. 1 globally for eight years in a row. Among them, the sales of pure electric vehicles were 5.365 million units, up 81.6 per cent year-on-year.In 2022, the sales of pure electric vehicles in Europe rose 29 per cent year-on-year to 1.58 million units.
Report Includes:
This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global EV Thermal System market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation
By Company
BorgWarner
Dana Limited
Hanon Systems
Valeo SA
Denso Corporation
Bosch
Mahle GmbH
VOSS Automotive
Modine Manufacturing
Gentherm
CapTherm Systems
LG Chem
Visteon Corporation
Segment by Type
Heating Ventilation and Air Conditioning
Power Train Cooling
Fluid Transport
Others
Segment by Application
Battery Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle
Fuel Cell Electric Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Sales by Region
North America
U.S.
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia (Indonesia, Vietnam, Thailand)
India
Europe
Germany
France
U.K.
Italy
Russia
Central South America
Brazil
Argentina
Middle East, Africa
Turkey
Egypt
GCC Countries
South Africa
Chapter Outline
Chapter 1: Defines the EV Thermal System study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 15: Actionable conclusions and strategic recommendations.
Why This Report:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
Research Methodology
The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:
★Stage 1 SECONDARY RESEARCH
The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.
★Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES
After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.
★Stage 3 ANALYSIS OF THE GATHERED DATA
The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.
★Stage 4 QUANTITATIVE DATA
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.
★Stage 5 QUALITY CONTROL
Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.
1 Study Coverage
1.1 Introduction to EV Thermal System: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global EV Thermal System Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Heating Ventilation and Air Conditioning
1.2.3 Power Train Cooling
1.2.4 Fluid Transport
1.2.5 Others
1.3 Market Segmentation by Application
1.3.1 Global EV Thermal System Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Battery Electric Vehicle
1.3.3 Hybrid Electric Vehicle
1.3.4 Plug-in Hybrid Electric Vehicle
1.3.5 Fuel Cell Electric Vehicle
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global EV Thermal System Revenue Estimates and Forecasts 2020-2031
2.2 Global EV Thermal System Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global EV Thermal System Sales Estimates and Forecasts 2020-2031
2.4 Global EV Thermal System Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Global Production Analysis
3.1 Global EV Thermal System Production Capacity and Utilization Rates (2020–2031)
3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)
3.3 Regional Production Dynamics
3.3.1 Historic Production by Region (2020-2025)
3.3.2 Forecasted Production by Region (2026-2031)
3.3.3 Production Market Share by Region (2020-2031)
3.3.4 Regulatory and Trade Policy Impact on Production
3.3.5 Production Capacity Enablers and Constraints
3.4 Key Regional Production Hubs
3.4.1 North America
3.4.2 Europe
3.4.3 China
3.4.4 Japan
3.4.5 South Korea
3.4.6 India
4 Competition by Manufacturers
4.1 Global EV Thermal System Sales by Manufacturers
4.1.1 Global Sales Volume by Manufacturers (2020-2025)
4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
4.2 Global EV Thermal System Manufacturer Revenue Rankings and Tiers
4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
4.3 Manufacturer Profitability Profiles and Pricing Strategies
4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
4.3.2 Manufacturer-Level Price Trends (2020-2025)
4.4 Key Manufacturers Manufacturing Base and Headquarters
4.5 Main Product Type Market Size by Manufacturers
4.5.1 Heating Ventilation and Air Conditioning Market Size by Manufacturers
4.5.2 Power Train Cooling Market Size by Manufacturers
4.5.3 Fluid Transport Market Size by Manufacturers
4.5.4 Others Market Size by Manufacturers
4.6 Global EV Thermal System Market Concentration and Dynamics
4.6.1 Global Market Concentration (CR5 and HHI)
4.6.2 Entrant/Exit Impact Analysis
4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
5 Global Product Segmentation Analysis
5.1 Global EV Thermal System Sales Performance by Type
5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
5.1.2 Global Sales Market Share by Type (2020-2031)
5.2 Global EV Thermal System Revenue Trends by Type
5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
5.2.2 Global Revenue Market Share by Type (2020-2031)
5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
5.4 Product Technology Differentiation
5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
5.5.1 High-Growth Niches and Adoption Drivers
5.5.2 Profitability Hotspots and Cost Drivers
5.5.3 Substitution Threats
6 Global Downstream Application Analysis
6.1 Global EV Thermal System Sales by Application
6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
6.1.2 Global Sales Market Share by Application (2020-2031)
6.1.3 High-Growth Application Identification
6.1.4 Emerging Application Case Studies
6.2 Global EV Thermal System Revenue by Application
6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
6.2.2 Revenue Market Share by Application (2020-2031)
6.3 Global Pricing Dynamics by Application (2020-2031)
6.4 Downstream Customer Analysis
6.4.1 Top Customers by Region
6.4.2 Top Customers by Application
7 North America
7.1 North America Sales Volume and Revenue (2020-2031)
7.2 North America Key Manufacturers Sales Revenue in 2024
7.3 North America EV Thermal System Sales and Revenue by Type (2020-2031)
7.4 North America EV Thermal System Sales and Revenue by Application (2020-2031)
7.5 North America Growth Accelerators and Market Barriers
7.6 North America EV Thermal System Market Size by Country
7.6.1 North America Revenue by Country
7.6.2 North America Sales Trends by Country
7.6.3 US
7.6.4 Canada
7.6.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2020-2031)
8.2 Europe Key Manufacturers Sales Revenue in 2024
8.3 Europe EV Thermal System Sales and Revenue by Type (2020-2031)
8.4 Europe EV Thermal System Sales and Revenue by Application (2020-2031)
8.5 Europe Growth Accelerators and Market Barriers
8.6 Europe EV Thermal System Market Size by Country
8.6.1 Europe Revenue by Country
8.6.2 Europe Sales Trends by Country
8.6.3 Germany
8.6.4 France
8.6.5 U.K.
8.6.6 Italy
8.6.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
9.3 Asia-Pacific EV Thermal System Sales and Revenue by Type (2020-2031)
9.4 Asia-Pacific EV Thermal System Sales and Revenue by Application (2020-2031)
9.5 Asia-Pacific EV Thermal System Market Size by Region
9.5.1 Asia-Pacific Revenue by Region
9.5.2 Asia-Pacific Sales Trends by Region
9.6 Asia-Pacific Growth Accelerators and Market Barriers
9.7 Southeast Asia
9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.8 China
9.9 Japan
9.10 South Korea
9.11 China Taiwan
9.12 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2020-2031)
10.2 Central and South America Key Manufacturers Sales Revenue in 2024
10.3 Central and South America EV Thermal System Sales and Revenue by Type (2020-2031)
10.4 Central and South America EV Thermal System Sales and Revenue by Application (2020-2031)
10.5 Central and South America Investment Opportunities and Key Challenges
10.6 Central and South America EV Thermal System Market Size by Country
10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 Brazil
10.6.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
11.3 Middle East and Africa EV Thermal System Sales and Revenue by Type (2020-2031)
11.4 Middle East and Africa EV Thermal System Sales and Revenue by Application (2020-2031)
11.5 Middle East and Africa Investment Opportunities and Key Challenges
11.6 Middle East and Africa EV Thermal System Market Size by Country
11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
11.6.2 GCC Countries
11.6.3 Turkey
11.6.4 Egypt
11.6.5 South Africa
12 Corporate Profile
12.1 BorgWarner
12.1.1 BorgWarner Corporation Information
12.1.2 BorgWarner Business Overview
12.1.3 BorgWarner EV Thermal System Product Models, Descriptions and Specifications
12.1.4 BorgWarner EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.5 BorgWarner EV Thermal System Sales by Product in 2024
12.1.6 BorgWarner EV Thermal System Sales by Application in 2024
12.1.7 BorgWarner EV Thermal System Sales by Geographic Area in 2024
12.1.8 BorgWarner EV Thermal System SWOT Analysis
12.1.9 BorgWarner Recent Developments
12.2 Dana Limited
12.2.1 Dana Limited Corporation Information
12.2.2 Dana Limited Business Overview
12.2.3 Dana Limited EV Thermal System Product Models, Descriptions and Specifications
12.2.4 Dana Limited EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.5 Dana Limited EV Thermal System Sales by Product in 2024
12.2.6 Dana Limited EV Thermal System Sales by Application in 2024
12.2.7 Dana Limited EV Thermal System Sales by Geographic Area in 2024
12.2.8 Dana Limited EV Thermal System SWOT Analysis
12.2.9 Dana Limited Recent Developments
12.3 Hanon Systems
12.3.1 Hanon Systems Corporation Information
12.3.2 Hanon Systems Business Overview
12.3.3 Hanon Systems EV Thermal System Product Models, Descriptions and Specifications
12.3.4 Hanon Systems EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.5 Hanon Systems EV Thermal System Sales by Product in 2024
12.3.6 Hanon Systems EV Thermal System Sales by Application in 2024
12.3.7 Hanon Systems EV Thermal System Sales by Geographic Area in 2024
12.3.8 Hanon Systems EV Thermal System SWOT Analysis
12.3.9 Hanon Systems Recent Developments
12.4 Valeo SA
12.4.1 Valeo SA Corporation Information
12.4.2 Valeo SA Business Overview
12.4.3 Valeo SA EV Thermal System Product Models, Descriptions and Specifications
12.4.4 Valeo SA EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.5 Valeo SA EV Thermal System Sales by Product in 2024
12.4.6 Valeo SA EV Thermal System Sales by Application in 2024
12.4.7 Valeo SA EV Thermal System Sales by Geographic Area in 2024
12.4.8 Valeo SA EV Thermal System SWOT Analysis
12.4.9 Valeo SA Recent Developments
12.5 Denso Corporation
12.5.1 Denso Corporation Corporation Information
12.5.2 Denso Corporation Business Overview
12.5.3 Denso Corporation EV Thermal System Product Models, Descriptions and Specifications
12.5.4 Denso Corporation EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.5 Denso Corporation EV Thermal System Sales by Product in 2024
12.5.6 Denso Corporation EV Thermal System Sales by Application in 2024
12.5.7 Denso Corporation EV Thermal System Sales by Geographic Area in 2024
12.5.8 Denso Corporation EV Thermal System SWOT Analysis
12.5.9 Denso Corporation Recent Developments
12.6 Bosch
12.6.1 Bosch Corporation Information
12.6.2 Bosch Business Overview
12.6.3 Bosch EV Thermal System Product Models, Descriptions and Specifications
12.6.4 Bosch EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.5 Bosch Recent Developments
12.7 Mahle GmbH
12.7.1 Mahle GmbH Corporation Information
12.7.2 Mahle GmbH Business Overview
12.7.3 Mahle GmbH EV Thermal System Product Models, Descriptions and Specifications
12.7.4 Mahle GmbH EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.5 Mahle GmbH Recent Developments
12.8 VOSS Automotive
12.8.1 VOSS Automotive Corporation Information
12.8.2 VOSS Automotive Business Overview
12.8.3 VOSS Automotive EV Thermal System Product Models, Descriptions and Specifications
12.8.4 VOSS Automotive EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.5 VOSS Automotive Recent Developments
12.9 Modine Manufacturing
12.9.1 Modine Manufacturing Corporation Information
12.9.2 Modine Manufacturing Business Overview
12.9.3 Modine Manufacturing EV Thermal System Product Models, Descriptions and Specifications
12.9.4 Modine Manufacturing EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.5 Modine Manufacturing Recent Developments
12.10 Gentherm
12.10.1 Gentherm Corporation Information
12.10.2 Gentherm Business Overview
12.10.3 Gentherm EV Thermal System Product Models, Descriptions and Specifications
12.10.4 Gentherm EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.10.5 Gentherm Recent Developments
12.11 CapTherm Systems
12.11.1 CapTherm Systems Corporation Information
12.11.2 CapTherm Systems Business Overview
12.11.3 CapTherm Systems EV Thermal System Product Models, Descriptions and Specifications
12.11.4 CapTherm Systems EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.11.5 CapTherm Systems Recent Developments
12.12 LG Chem
12.12.1 LG Chem Corporation Information
12.12.2 LG Chem Business Overview
12.12.3 LG Chem EV Thermal System Product Models, Descriptions and Specifications
12.12.4 LG Chem EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.12.5 LG Chem Recent Developments
12.13 Visteon Corporation
12.13.1 Visteon Corporation Corporation Information
12.13.2 Visteon Corporation Business Overview
12.13.3 Visteon Corporation EV Thermal System Product Models, Descriptions and Specifications
12.13.4 Visteon Corporation EV Thermal System Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.13.5 Visteon Corporation Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 EV Thermal System Industry Chain
13.2 EV Thermal System Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 EV Thermal System Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 EV Thermal System Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 EV Thermal System Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
15 Key Findings in the Global EV Thermal System Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
List of Tables
Table 1. Global EV Thermal System Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Table 2. Global EV Thermal System Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Table 3. Global EV Thermal System Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 4. Global EV Thermal System Revenue by Region (2020-2025) & (US$ Million)
Table 5. Global EV Thermal System Revenue by Region (2026-2031) & (US$ Million)
Table 6. Global EV Thermal System Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Units)
Table 7. Global EV Thermal System Sales by Region (2020-2025) & (Units)
Table 8. Global EV Thermal System Sales by Region (2026-2031) & (Units)
Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 10. Global EV Thermal System Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Units)
Table 11. Global EV Thermal System Production by Region (2020-2025) & (Units)
Table 12. Global EV Thermal System Production by Region (2026-2031) & (Units)
Table 13. Global EV Thermal System Sales by Manufacturers (2020-2025) & (Units)
Table 14. Global EV Thermal System Sales Share by Manufacturers (2020-2025)
Table 15. Global EV Thermal System Revenue by Manufacturers (2020-2025) & (US$ Million)
Table 16. Global EV Thermal System Revenue Market Share by Manufacturers (2020-2025)
Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)
Table 18. Global EV Thermal System by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in EV Thermal System as of 2024)
Table 19. Global EV Thermal System Average Gross Margin (%) by Manufacturer (2020 VS 2024)
Table 20. Global EV Thermal System Average Selling Price (ASP) by Manufacturers (2020-2025) & (US$/Unit)
Table 21. Key Manufacturers EV Thermal System Manufacturing Base and Headquarters
Table 22. Global EV Thermal System Market Concentration Ratio (CR5 and HHI)
Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
Table 25. Global EV Thermal System Sales by Type (2020-2025) & (Units)
Table 26. Global EV Thermal System Sales by Type (2026-2031) & (Units)
Table 27. Global EV Thermal System Revenue by Type (2020-2025) & (US$ Million)
Table 28. Global EV Thermal System Revenue by Type (2026-2031) & (US$ Million)
Table 29. Global EV Thermal System ASP by Type (2020-2031) & (US$/Unit)
Table 30. Technical Specifications by Key Product Type
Table 31. Global EV Thermal System Sales by Application (2020-2025) & (Units)
Table 32. Global EV Thermal System Sales by Application (2026-2031) & (Units)
Table 33. EV Thermal System High-Growth Sectors Demand CAGR (2024-2031)
Table 34. Global EV Thermal System Revenue by Application (2020-2025) & (US$ Million)
Table 35. Global EV Thermal System Revenue by Application (2026-2031) & (US$ Million)
Table 36. Global EV Thermal System ASP by Application (2020-2031) & (US$/Unit)
Table 37. Top Customers by Region
Table 38. Top Customers by Application
Table 39. North America EV Thermal System Growth Accelerators and Market Barriers
Table 40. North America EV Thermal System Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 41. North America EV Thermal System Sales (Units) by Country (2020 VS 2024 VS 2031)
Table 42. Europe EV Thermal System Growth Accelerators and Market Barriers
Table 43. Europe EV Thermal System Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 44. Europe EV Thermal System Sales (Units) by Country (2020 VS 2024 VS 2031)
Table 45. Asia-Pacific EV Thermal System Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 46. Asia-Pacific EV Thermal System Sales (Units) by Country (2020 VS 2024 VS 2031)
Table 47. Asia-Pacific EV Thermal System Growth Accelerators and Market Barriers
Table 48. Southeast Asia EV Thermal System Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 49. Central and South America EV Thermal System Investment Opportunities and Key Challenges
Table 50. Central and South America EV Thermal System Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 51. Middle East and Africa EV Thermal System Investment Opportunities and Key Challenges
Table 52. Middle East and Africa EV Thermal System Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 53. BorgWarner Corporation Information
Table 54. BorgWarner Description and Major Businesses
Table 55. BorgWarner Product Models, Descriptions and Specifications
Table 56. BorgWarner Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 57. BorgWarner Sales Value Proportion by Product in 2024
Table 58. BorgWarner Sales Value Proportion by Application in 2024
Table 59. BorgWarner Sales Value Proportion by Geographic Area in 2024
Table 60. BorgWarner EV Thermal System SWOT Analysis
Table 61. BorgWarner Recent Developments
Table 62. Dana Limited Corporation Information
Table 63. Dana Limited Description and Major Businesses
Table 64. Dana Limited Product Models, Descriptions and Specifications
Table 65. Dana Limited Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 66. Dana Limited Sales Value Proportion by Product in 2024
Table 67. Dana Limited Sales Value Proportion by Application in 2024
Table 68. Dana Limited Sales Value Proportion by Geographic Area in 2024
Table 69. Dana Limited EV Thermal System SWOT Analysis
Table 70. Dana Limited Recent Developments
Table 71. Hanon Systems Corporation Information
Table 72. Hanon Systems Description and Major Businesses
Table 73. Hanon Systems Product Models, Descriptions and Specifications
Table 74. Hanon Systems Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 75. Hanon Systems Sales Value Proportion by Product in 2024
Table 76. Hanon Systems Sales Value Proportion by Application in 2024
Table 77. Hanon Systems Sales Value Proportion by Geographic Area in 2024
Table 78. Hanon Systems EV Thermal System SWOT Analysis
Table 79. Hanon Systems Recent Developments
Table 80. Valeo SA Corporation Information
Table 81. Valeo SA Description and Major Businesses
Table 82. Valeo SA Product Models, Descriptions and Specifications
Table 83. Valeo SA Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 84. Valeo SA Sales Value Proportion by Product in 2024
Table 85. Valeo SA Sales Value Proportion by Application in 2024
Table 86. Valeo SA Sales Value Proportion by Geographic Area in 2024
Table 87. Valeo SA EV Thermal System SWOT Analysis
Table 88. Valeo SA Recent Developments
Table 89. Denso Corporation Corporation Information
Table 90. Denso Corporation Description and Major Businesses
Table 91. Denso Corporation Product Models, Descriptions and Specifications
Table 92. Denso Corporation Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 93. Denso Corporation Sales Value Proportion by Product in 2024
Table 94. Denso Corporation Sales Value Proportion by Application in 2024
Table 95. Denso Corporation Sales Value Proportion by Geographic Area in 2024
Table 96. Denso Corporation EV Thermal System SWOT Analysis
Table 97. Denso Corporation Recent Developments
Table 98. Bosch Corporation Information
Table 99. Bosch Description and Major Businesses
Table 100. Bosch Product Models, Descriptions and Specifications
Table 101. Bosch Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 102. Bosch Recent Developments
Table 103. Mahle GmbH Corporation Information
Table 104. Mahle GmbH Description and Major Businesses
Table 105. Mahle GmbH Product Models, Descriptions and Specifications
Table 106. Mahle GmbH Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 107. Mahle GmbH Recent Developments
Table 108. VOSS Automotive Corporation Information
Table 109. VOSS Automotive Description and Major Businesses
Table 110. VOSS Automotive Product Models, Descriptions and Specifications
Table 111. VOSS Automotive Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 112. VOSS Automotive Recent Developments
Table 113. Modine Manufacturing Corporation Information
Table 114. Modine Manufacturing Description and Major Businesses
Table 115. Modine Manufacturing Product Models, Descriptions and Specifications
Table 116. Modine Manufacturing Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 117. Modine Manufacturing Recent Developments
Table 118. Gentherm Corporation Information
Table 119. Gentherm Description and Major Businesses
Table 120. Gentherm Product Models, Descriptions and Specifications
Table 121. Gentherm Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 122. Gentherm Recent Developments
Table 123. CapTherm Systems Corporation Information
Table 124. CapTherm Systems Description and Major Businesses
Table 125. CapTherm Systems Product Models, Descriptions and Specifications
Table 126. CapTherm Systems Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 127. CapTherm Systems Recent Developments
Table 128. LG Chem Corporation Information
Table 129. LG Chem Description and Major Businesses
Table 130. LG Chem Product Models, Descriptions and Specifications
Table 131. LG Chem Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 132. LG Chem Recent Developments
Table 133. Visteon Corporation Corporation Information
Table 134. Visteon Corporation Description and Major Businesses
Table 135. Visteon Corporation Product Models, Descriptions and Specifications
Table 136. Visteon Corporation Capacity, Sales (Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2020-2025)
Table 137. Visteon Corporation Recent Developments
Table 138. Key Raw Materials Distribution
Table 139. Raw Materials Key Suppliers
Table 140. Critical Raw Material Supplier Concentration (2024) & Risk Index
Table 141. Milestones in Production Technology Evolution
Table 142. Distributors List
Table 143. Market Trends and Market Evolution
Table 144. Market Drivers and Opportunities
Table 145. Market Challenges, Risks, and Restraints
Table 146. Research Programs/Design for This Report
Table 147. Key Data Information from Secondary Sources
Table 148. Key Data Information from Primary Sources
List of Figures
Figure 1. EV Thermal System Product Picture
Figure 2. Global EV Thermal System Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Heating Ventilation and Air Conditioning Product Picture
Figure 4. Power Train Cooling Product Picture
Figure 5. Fluid Transport Product Picture
Figure 6. Others Product Picture
Figure 7. Global EV Thermal System Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Figure 8. Battery Electric Vehicle
Figure 9. Hybrid Electric Vehicle
Figure 10. Plug-in Hybrid Electric Vehicle
Figure 11. Fuel Cell Electric Vehicle
Figure 12. EV Thermal System Report Years Considered
Figure 13. Global EV Thermal System Revenue, (US$ Million), 2020 VS 2024 VS 2031
Figure 14. Global EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 15. Global EV Thermal System Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 16. Global EV Thermal System Revenue Market Share by Region (2020-2031)
Figure 17. Global EV Thermal System Sales (2020-2031) & (Units)
Figure 18. Global EV Thermal System Sales (CAGR) by Region (2020-2031) (Units)
Figure 19. Global EV Thermal System Sales Market Share by Region (2020-2031)
Figure 20. Global EV Thermal System Capacity, Production and Utilization (2020-2031) & (Units)
Figure 21. Global EV Thermal System Production Trend by Region (2020-2031) (Units)
Figure 22. Global EV Thermal System Production Market Share by Region (2020-2031)
Figure 23. Production Capacity Enablers & Constraints
Figure 24. EV Thermal System Production Growth Rate in North America (2020-2031) & (Units)
Figure 25. EV Thermal System Production Growth Rate in Europe (2020-2031) & (Units)
Figure 26. EV Thermal System Production Growth Rate in China (2020-2031) & (Units)
Figure 27. EV Thermal System Production Growth Rate in Japan (2020-2031) & (Units)
Figure 28. EV Thermal System Production Growth Rate in South Korea (2020-2031) & (Units)
Figure 29. EV Thermal System Production Growth Rate in India (2020-2031) & (Units)
Figure 30. Top 5 and Top 10 Manufacturers EV Thermal System Sales Volume Market Share in 2024
Figure 31. Global EV Thermal System Revenue Market Share Ranking (2024)
Figure 32. Tier Distribution by Revenue Contribution (2020 VS 2024)
Figure 33. Heating Ventilation and Air Conditioning Revenue Market Share by Manufacturer in 2024
Figure 34. Power Train Cooling Revenue Market Share by Manufacturer in 2024
Figure 35. Fluid Transport Revenue Market Share by Manufacturer in 2024
Figure 36. Others Revenue Market Share by Manufacturer in 2024
Figure 37. Type Eight Revenue Market Share by Manufacturer in 2024
Figure 38. Type Nine Revenue Market Share by Manufacturer in 2024
Figure 39. Global EV Thermal System Sales Market Share by Type (2020-2031)
Figure 40. Global EV Thermal System Revenue Market Share by Type (2020-2031)
Figure 41. Global EV Thermal System Sales Market Share by Application (2020-2031)
Figure 42. Global EV Thermal System Revenue Market Share by Application (2020-2031)
Figure 43. North America EV Thermal System Sales YoY (2020-2031) & (Units)
Figure 44. North America EV Thermal System Revenue YoY (2020-2031) & (US$ Million)
Figure 45. North America Top 5 Manufacturers EV Thermal System Sales Revenue (US$ Million) in 2024
Figure 46. North America EV Thermal System Sales Volume (Units) by Type (2020- 2031)
Figure 47. North America EV Thermal System Sales Revenue (US$ Million) by Type (2020 - 2031)
Figure 48. North America EV Thermal System Sales Volume (Units) by Application (2020-2031)
Figure 49. North America EV Thermal System Sales Revenue (US$ Million) by Application (2020-2031)
Figure 50. US EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 51. Canada EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 52. Mexico EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 53. Europe EV Thermal System Sales YoY (2020-2031) & (Units)
Figure 54. Europe EV Thermal System Revenue YoY (2020-2031) & (US$ Million)
Figure 55. Europe Top 5 Manufacturers EV Thermal System Sales Revenue (US$ Million) in 2024
Figure 56. Europe EV Thermal System Sales Volume (Units) by Type (2020-2031)
Figure 57. Europe EV Thermal System Sales Revenue (US$ Million) by Type (2020-2031)
Figure 58. Europe EV Thermal System Sales Volume (Units) by Application (2020-2031)
Figure 59. Europe EV Thermal System Sales Revenue (US$ Million) by Application (2020-2031)
Figure 60. Germany EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 61. France EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 62. U.K. EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 63. Italy EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 64. Russia EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 65. Asia-Pacific EV Thermal System Sales YoY (2020-2031) & (Units)
Figure 66. Asia-Pacific EV Thermal System Revenue YoY (2020-2031) & (US$ Million)
Figure 67. Asia-Pacific Top 8 Manufacturers EV Thermal System Sales Revenue (US$ Million) in 2024
Figure 68. Asia-Pacific EV Thermal System Sales Volume (Units) by Type (2020- 2031)
Figure 69. Asia-Pacific EV Thermal System Sales Revenue (US$ Million) by Type (2020- 2031)
Figure 70. Asia-Pacific EV Thermal System Sales Volume (Units) by Application (2020-2031)
Figure 71. Asia-Pacific EV Thermal System Sales Revenue (US$ Million) by Application (2020-2031)
Figure 72. Indonesia EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 73. Japan EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 74. South Korea EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 75. China Taiwan EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 76. India EV Thermal System Revenue (2020-2031) & (US$ Million)
Figure 77. Central and South America EV Thermal System Sales YoY (2020-2031) & (Units)
Figure 78. Central and South America EV Thermal System Revenue YoY (2020-2031) & (US$ Million)
Figure 79. Central and South America Top 5 Manufacturers EV Thermal System Sales Revenue (US$ Million) in 2024
Figure 80. Central and South America EV Thermal System Sales Volume (Units) by Type (2021-2031)
Figure 81. Central and South America EV Thermal System Sales Revenue (US$ Million) by Type (2020-2031)
Figure 82. Central and South America EV Thermal System Sales Volume (Units) by Application (2020-2031)
Figure 83. Central and South America EV Thermal System Sales Revenue (US$ Million) by Application (2020-2031)
Figure 84. Brazil EV Thermal System Revenue (2020-2025) & (US$ Million)
Figure 85. Argentina EV Thermal System Revenue (2020-2025) & (US$ Million)
Figure 86. Middle East, and Africa EV Thermal System Sales YoY (2020-2031) & (Units)
Figure 87. Middle East and Africa EV Thermal System Revenue YoY (2020-2031) & (US$ Million)
Figure 88. Middle East and Africa Top 5 Manufacturers EV Thermal System Sales Revenue (US$ Million) in 2024
Figure 89. Middle East and Africa EV Thermal System Sales Volume (Units) by Type (2021-2031)
Figure 90. South America EV Thermal System Sales Revenue (US$ Million) by Type (2020-2031)
Figure 91. Middle East and Africa EV Thermal System Sales Volume (Units) by Application (2020-2031)
Figure 92. Middle East and Africa EV Thermal System Sales Revenue (US$ Million) by Application (2020-2031)
Figure 93. GCC Countries EV Thermal System Revenue (2020-2025) & (US$ Million)
Figure 94. Turkey EV Thermal System Revenue (2020-2025) & (US$ Million)
Figure 95. Egypt EV Thermal System Revenue (2020-2025) & (US$ Million)
Figure 96. South Africa EV Thermal System Revenue (2020-2025) & (US$ Million)
Figure 97. EV Thermal System Industry Chain Mapping
Figure 98. Regional EV Thermal System Manufacturing Base Distribution (%)
Figure 99. EV Thermal System Production Process
Figure 100. Regional EV Thermal System Production Cost Structure
Figure 101. Channels of Distribution (Direct Vs Distribution)
Figure 102. Bottom-up and Top-down Approaches for This Report
Figure 103. Data Triangulation
Figure 104. Key Executives Interviewed