India Electric Vehicle Battery Thermal Management Systems Market Size & Outlook
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India electric vehicle battery thermal management systems market highlights
- The India electric vehicle battery thermal management systems market generated a revenue of USD 86.8 million in 2024 and is expected to reach USD 470.4 million by 2030.
- The India market is expected to grow at a CAGR of 33.1% from 2025 to 2030.
- In terms of segment, passive was the largest revenue generating system type in 2024.
- Active is the most lucrative system type segment registering the fastest growth during the forecast period.
Electric vehicle battery thermal management systems market data book summary
| Market revenue in 2024 | USD 86.8 million |
| Market revenue in 2030 | USD 470.4 million |
| Growth rate | 33.1% (CAGR from 2025 to 2030) |
| Largest segment | Passive |
| Fastest growing segment | Active |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Active, Passive |
Other key industry trends
- In terms of revenue, India accounted for 1.6% of the global electric vehicle battery thermal management systems market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China electric vehicle battery thermal management systems market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,159.7 million by 2030.
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Electric Vehicle Battery Thermal Management Systems Market Scope
Electric Vehicle Battery Thermal Management Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Neograf | View profile | 11-50 | Rijeka, Licko-Senjska, Croatia, Europe | http://www.neograf.hr |
| Grayson Capital | View profile | - | Kansas City, Missouri, United States, North America | https://www.graysoncre.com |
| VOSS Automotive, Inc., USA | View profile | 101-250 | Fort Wayne, Indiana, United States, North America | https://vossusa.com/ |
| Hanon Systems | View profile | 1001-5000 | Daejeon, Taejon-jikhalsi, South Korea, Asia | http://www.hanonsystems.com |
| Robert Bosch GmbH | View profile | - | - | - |
| Valeo | View profile | 10001+ | Créteil, Ile-de-France, France, Europe | http://www.valeo.com/en/ |
| Gentherm Inc Class A | View profile | 14504 | 21680 Haggerty Road, Northville, MI, United States, 48167 | https://www.gentherm.com |
| Dana Inc | View profile | 42000 | 3939 Technology Drive, Maumee, OH, United States, 43537 | https://www.dana.com |
| MAHLE | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | https://www.mahle.com |
| Parker Hannifin Corp | View profile | 62730 | 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 | http://www.phstock.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
India electric vehicle battery thermal management systems 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 electric vehicle battery thermal management systems market will help companies and investors design strategic landscapes.
Passive was the largest segment with a revenue share of 102.53% in 2024. Horizon Databook has segmented the India electric vehicle battery thermal management systems market based on active, passive covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of electric vehicle battery thermal management systems 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 India electric vehicle battery thermal management systems market , including forecasts for subscribers. This country databook contains high-level insights into India electric vehicle battery thermal management systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India electric vehicle battery thermal management systems market size, by system type, 2018-2030 (US$M)
India Electric Vehicle Battery Thermal Management Systems Market Outlook Share, 2024 & 2030 (US$M)
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