Europe Battery Cooling Plate Market Size & Outlook
Europe battery cooling plate market, 2018-2030 (US$M)
Related Markets
Europe battery cooling plate market highlights
- The Europe battery cooling plate market generated a revenue of USD 140.6 million in 2022.
- The market is expected to grow at a CAGR of 31.1% from 2023 to 2030.
- In terms of segment, bev was the largest revenue generating application in 2022.
- BEV is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 140.6 million |
| Market revenue in 2030 | USD 1,226.8 million |
| Growth rate | 31.1% (CAGR from 2022 to 2030) |
| Largest segment | Bev |
| Fastest growing segment | BEV |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | BEV, PHEV |
| Key market players worldwide | Dana Inc, HELLA GmbH & Co KGaA, Nomura Holdings Inc ADR, Modine Manufacturing Co, MAHLE, Bespoke Composite Panels, Nippon Light Metal, Priatherm, SANHUA Automotive, Goshu Kohsan Co |
Other key industry trends
- In terms of revenue, Europe region accounted for 35.6% of the global battery cooling plate market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 937.4 million by 2030.
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Battery Cooling Plate Market Scope
Battery Cooling Plate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe battery cooling plate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to battery cooling plate market will help companies and investors design strategic landscapes.
Bev was the largest segment with a revenue share of 61.45% in 2022. Horizon Databook has segmented the Europe battery cooling plate market based on bev, phev covering the revenue growth of each sub-segment from 2018 to 2030.
Ever since 2020 to the present, Europe has been dealing with the adverse effects of COVID-19, as well as the energy crisis due to the Russia-Ukraine conflict. The region, however, is establishing new sales records in the EV sector, which is expected to prove fruitful for market growth.
The increasing demand for EVs has pushed private players to invest in EV production facilities. These factors are expected to increase the fleet of EVs in the region and boost its production, and thus, benefit the demand for battery cooling plates over the forecast period.
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Our clientele includes a mix of battery cooling plate market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe battery cooling plate market , including forecasts for subscribers. This continent databook contains high-level insights into Europe battery cooling plate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe battery cooling plate market size, by country, 2018-2030 (US$M)
Europe Battery Cooling Plate Market Outlook Share, 2022 & 2030 (US$M)
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