Germany Battery Cooling Plate Market Size & Outlook
Germany battery cooling plate market, 2018-2030 (US$M)
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Germany battery cooling plate market highlights
- The Germany battery cooling plate market generated a revenue of USD 34.1 million in 2022 and is expected to reach USD 327.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 32.7% 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.
Battery cooling plate market data book summary
| Market revenue in 2022 | USD 34.1 million |
| Market revenue in 2030 | USD 327.1 million |
| Growth rate | 32.7% (CAGR from 2022 to 2030) |
| Largest segment | Bev |
| Fastest growing segment | BEV |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Germany accounted for 8.6% of the global battery cooling plate market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany battery cooling plate market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 327.1 million by 2030.
Key Regions: U.S. , UK , Japan , France , Netherlands
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Battery Cooling Plate Market Scope
Battery Cooling Plate Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 61.58% in 2022. Horizon Databook has segmented the Germany battery cooling plate market based on bev, phev covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is yet to fully recover from the impact of COVID-19, and its GDP is yet to return to pre pandemic levels. The GDP growth of the country was 2.9% in 2021 and is projected to grow by 2.2% in 2022. The comparatively low growth can be attributed to the adverse impact of the Russia-Ukraine conflict.
The growing emphasis on the development of EV industry, boosting domestic manufacturing, and improve economic growth is anticipated to boost market growth over the coming years. The country’s government is heavily investing in the EV market.
A post-COVID-19 stimulus package of USD 128 billion was passed in June 2020, which allocated tax cuts, funding for infrastructure development, and subsidies for EVs. With this package, consumers can enjoy tax benefits, grants, and other benefits when purchasing an EV charger or EV.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany battery cooling plate market , including forecasts for subscribers. This country databook contains high-level insights into Germany battery cooling plate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany battery cooling plate market size, by application, 2018-2030 (US$M)
Germany Battery Cooling Plate Market Outlook Share, 2022 & 2030 (US$M)
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