The Market Reports

Synopsis

The global market for Power Battery Cooling System was estimated to be worth US$ 7776 million in 2024 and is forecast to a readjusted size of US$ 17855 million by 2031 with a CAGR of 13.1% during the forecast period 2025-2031.

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Power Battery Cooling System cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

The power battery cooling system cools or heats the power battery pack to maintain the optimal operating temperature of the power battery pack to improve its operating efficiency and extend the life of the battery pack. The coolant battery cooling system uses a plate heat exchanger to obtain cold energy in the air conditioning system, and then brings the cold energy to the heated battery through components such as the electric water pump, the cooling plate and pipes inside the battery to make the battery work within an appropriate temperature range.

In the Power Battery Cooling Systems industry, companies such as MAHLE, Valeo and Dana hold a large share of the market, with the top five companies in the industry accounting for around 17% of the market. China is the dominant producer in the industry, followed by Europe, and Southeast as the third largest producer. The three production sites produce more than 90 % of the world's power battery cooling systems. Power battery cooling systems can be divided into two categories, integrated batteries and decentralised batteries, according to their management structure, and they are mainly used in Battery Electrical Vehicles (BEV) and Plug-in hybrid Electric Vehicles (PHEV) .

This report aims to provide a comprehensive presentation of the global market for Power Battery Cooling System, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Power Battery Cooling System by region & country, by Type, and by Application.

The Power Battery Cooling System market size, estimations, and forecasts are provided in terms of sales volume (K units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Battery Cooling System.

Market Segmentation
By Company

• Mahle
• Valeo
• Dana
• Hanon Systems
• Gentherm
• Zhejiang Yinlun Machinery Co.,Ltd
• Webasto
• Aotecar New Energy Technology
• Guangzhou Goaland Energy

Segment by Type

• Integrated System
• Distributed System

Segment by Application

• BEV
• PHEV

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.