North America Battery Cooling Plate Market Size & Outlook
North America battery cooling plate market, 2018-2030 (US$M)
Related Markets
North America battery cooling plate market highlights
- The North America battery cooling plate market generated a revenue of USD 50.0 million in 2022.
- The market is expected to grow at a CAGR of 44.3% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 50.0 million |
| Market revenue in 2030 | USD 937.4 million |
| Growth rate | 44.3% (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, North America region accounted for 12.7% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Battery Cooling Plate Market Scope
Battery Cooling Plate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North 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 58.8% in 2022. Horizon Databook has segmented the North America battery cooling plate market based on bev, phev covering the revenue growth of each sub-segment from 2018 to 2030.
In September 2021, Ford Motor Company partnered with SK Innovation to build technologically advanced campuses in Kentucky and Tennessee, U.S. On these campuses, the companies will be manufacturing electric F-Series trucks and automotive batteries for Ford Motor Company EVs and Lincoln electric vehicle brand owned by Ford Motor Company.
Furthermore, in June 2022, the Volkswagen Group and Siemens together announced to invest USD 450 million in Electrify America, LLC, taking its valuation to USD 2.45 billion.
This step consistently accelerated the quality, comfort, and expansion of the public charging infrastructure in the region, which is expected to have a positive impact on the EV market. These factors are expected to drive the demand for battery cooling plates over the forecast period.
Reasons to subscribe to North America battery cooling plate market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America battery cooling plate market databook
-
Our clientele includes a mix of battery cooling plate market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America battery cooling plate market , including forecasts for subscribers. This continent databook contains high-level insights into North America battery cooling plate market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America battery cooling plate market size, by country, 2018-2030 (US$M)
North America Battery Cooling Plate Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
