Latin America Battery Cooling Plate Market Size & Outlook
Latin America battery cooling plate market, 2018-2030 (US$M)
Related Markets
Latin America battery cooling plate market highlights
- The Latin America battery cooling plate market generated a revenue of USD 1.6 million in 2022.
- The market is expected to grow at a CAGR of 20.7% 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.
Latin America data book summary
| Market revenue in 2022 | USD 1.6 million |
| Market revenue in 2030 | USD 7.2 million |
| Growth rate | 20.7% (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, Latin America region accounted for 0.4% 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 |
|---|
Latin America 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 50% in 2022. Horizon Databook has segmented the Latin America battery cooling plate market based on bev, phev covering the revenue growth of each sub-segment from 2018 to 2030.
Also, growing investments in EV manufacturing in the region are anticipated to boost the battery cooling plate market growth. Similarly, in January 2022, China’s Great Wall Motor announced that it plans to invest USD 1.8 billion over the next few years to manufacture EVs in Brazil where it has taken control of a factory from Daimler AG.
It plans to launch new electrified products in Brazil within 3 years. Its aim is to launch 10 electrified products, out of which, 4 will be fully electric. These factors are expected to positively impact the battery cooling plate market in the region over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America battery cooling plate market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America battery cooling plate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America battery cooling plate market
Latin America Battery Cooling Plate Market Outlook Share, 2022 & 2030 (US$M)
Latin America battery cooling plate market
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