2025-2031 Global Electric Vehicle Thermal Management Solutions Industry Research & Trends Analysis Report- YH Research

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2025-2031 Global Electric Vehicle Thermal Management Solutions Industry Research & Trends Analysis Report

Publication Date: 2025-12-01
Report Id: 2858667
Industry: Automobile & Transportation
Report Page: 131
Chart: 130

PDF Download

Publication Date: 2025-12-01
Report Id: 2858667
Industry: Automobile & Transportation
Report Page: 131
Chart: 130

PDF Download

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Table of Contents
Description
Table of Figures
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1 Market Overview
1.1 Product Overview and Scope of Electric Vehicle Thermal Management Solutions
1.2 Global Electric Vehicle Thermal Management Solutions Market Size and Forecast
1.3 China Electric Vehicle Thermal Management Solutions Market Size and Forecast
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Electric Vehicle Thermal Management Solutions Share in Global Market, 2020-2031
1.4.2 Electric Vehicle Thermal Management Solutions Market Size: China VS Global, 2020-2031
1.5 Electric Vehicle Thermal Management Solutions Market Dynamics
1.5.1 Electric Vehicle Thermal Management Solutions Market Drivers
1.5.2 Electric Vehicle Thermal Management Solutions Market Restraints
1.5.3 Electric Vehicle Thermal Management Solutions Industry Trends
1.5.4 Electric Vehicle Thermal Management Solutions Industry Policy

2 Competitive Landscape by Company
2.1 Global Electric Vehicle Thermal Management Solutions Revenue by Company, 2020-2025
2.2 Global Electric Vehicle Thermal Management Solutions Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global Electric Vehicle Thermal Management Solutions Concentration Ratio
2.4 Global Electric Vehicle Thermal Management Solutions Mergers & Acquisitions, Expansion Plans
2.5 Global Electric Vehicle Thermal Management Solutions Manufacturers Product Type
2.6 Global Geographic Distribution of Electric Vehicle Thermal Management Solutions Companies

3 China Competitive Situation by Company
3.1 China Electric Vehicle Thermal Management Solutions Revenue by Company, 2020-2025
3.2 China Electric Vehicle Thermal Management Solutions Electric Vehicle Thermal Management Solutions Participants, Market Position (Tier 1, Tier 2, and Tier 3)
3.3 China Electric Vehicle Thermal Management Solutions Market, Revenue Percentage of Local Players VS Foreign Players (2020-2031)

4 Industry Chain Analysis
4.1 Electric Vehicle Thermal Management Solutions Industry Chain
4.2 Electric Vehicle Thermal Management Solutions Upstream Analysis
4.3 Electric Vehicle Thermal Management Solutions Midstream Analysis
4.4 Electric Vehicle Thermal Management Solutions Downstream Analysis

5 Sights by Type
5.1 Electric Vehicle Thermal Management Solutions Classification by Type
5.1.1 Power System
5.1.2 Air Conditioning System
5.2 by Type, Global Electric Vehicle Thermal Management Solutions Market Size & CAGR, 2020 VS 2024 VS 2031
5.3 by Type, Global Electric Vehicle Thermal Management Solutions Market Size, 2020-2031

6 Sights by System Architecture
6.1 Electric Vehicle Thermal Management Solutions Classification by System Architecture
6.1.1 Split Type
6.1.2 Integrated Type
6.2 by System Architecture, Global Electric Vehicle Thermal Management Solutions Market Size & CAGR, 2020 VS 2024 VS 2031
6.3 by System Architecture, Global Electric Vehicle Thermal Management Solutions Market Size, 2020-2031

7 Sights by Sales Channel
7.1 Electric Vehicle Thermal Management Solutions Classification by Sales Channel
7.1.1 OEM
7.1.2 Aftermarket
7.2 by Sales Channel, Global Electric Vehicle Thermal Management Solutions Market Size & CAGR, 2020 VS 2024 VS 2031
7.3 by Sales Channel, Global Electric Vehicle Thermal Management Solutions Market Size, 2020-2031

8 Sights by Application
8.1 Electric Vehicle Thermal Management Solutions Segment by Application
8.1.1 BEV
8.1.2 PHEV
8.2 by Application, Global Electric Vehicle Thermal Management Solutions Market Size & CAGR, 2020 VS 2024 VS 2031
8.3 by Application, Global Electric Vehicle Thermal Management Solutions Market Size, 2020-2031

9 Sights by Region
9.1 By Region, Global Electric Vehicle Thermal Management Solutions Market Size, 2020 VS 2024 VS 2031
9.2 By Region, Global Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
9.3 North America
9.3.1 North America Electric Vehicle Thermal Management Solutions Market Size & Forecasts, 2020-2031
9.3.2 By Country, North America Electric Vehicle Thermal Management Solutions Market Size Market Share
9.4 Europe
9.4.1 Europe Electric Vehicle Thermal Management Solutions Market Size & Forecasts, 2020-2031
9.4.2 By Country, Europe Electric Vehicle Thermal Management Solutions Market Size Market Share
9.5 Asia Pacific
9.5.1 Asia Pacific Electric Vehicle Thermal Management Solutions Market Size & Forecasts, 2020-2031
9.5.2 By Country/Region, Asia Pacific Electric Vehicle Thermal Management Solutions Market Size Market Share
9.6 South America
9.6.1 South America Electric Vehicle Thermal Management Solutions Market Size & Forecasts, 2020-2031
9.6.2 By Country, South America Electric Vehicle Thermal Management Solutions Market Size Market Share
9.7 Middle East & Africa

10 Sights by Country Level
10.1 By Country, Global Electric Vehicle Thermal Management Solutions Market Size & CAGR，2020 VS 2024 VS 2031
10.2 By Country, Global Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
10.3 United States
10.3.1 United States Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
10.3.2 By Company, United States Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024
10.3.3 by Type, United States Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.3.4 by Application, United States Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.4 Europe
10.4.1 Europe Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
10.4.2 By Company, Europe Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024
10.4.3 by Type, Europe Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.4.4 by Application, Europe Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.5 China
10.5.1 China Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
10.5.2 By Company, China Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024
10.5.3 by Type, China Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.5.4 by Application, China Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.6 Japan
10.6.1 Japan Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
10.6.2 By Company, Japan Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024
10.6.3 by Type, Japan Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.6.4 by Application, Japan Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.7 South Korea
10.7.1 South Korea Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
10.7.2 By Company, South Korea Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024
10.7.3 by Type, South Korea Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.7.4 by Application, South Korea Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.8 Southeast Asia
10.8.1 Southeast Asia Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
10.8.2 By Company, Southeast Asia Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024
10.8.3 by Type, Southeast Asia Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.8.4 by Application, Southeast Asia Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.9 India
10.9.1 India Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
10.9.2 By Company, India Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024
10.9.3 by Type, India Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.9.4 by Application, India Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.10 Middle East & Africa
10.10.1 Middle East & Africa Electric Vehicle Thermal Management Solutions Market Size, 2020-2031
10.10.2 By Company, Middle East & Africa Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024
10.10.3 by Type, Middle East & Africa Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031
10.10.4 by Application, Middle East & Africa Electric Vehicle Thermal Management Solutions Revenue Market Share, 2024 VS 2031

11 Company Profile
11.1 DENSO
11.1.1 DENSO Company Information, Head Office, Market Area, and Industry Position
11.1.2 DENSO Company Profile and Main Business
11.1.3 DENSO Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.1.4 DENSO Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.1.5 DENSO Recent Developments
11.2 Hanon Systems
11.2.1 Hanon Systems Company Information, Head Office, Market Area, and Industry Position
11.2.2 Hanon Systems Company Profile and Main Business
11.2.3 Hanon Systems Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.2.4 Hanon Systems Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.2.5 Hanon Systems Recent Developments
11.3 Valeo
11.3.1 Valeo Company Information, Head Office, Market Area, and Industry Position
11.3.2 Valeo Company Profile and Main Business
11.3.3 Valeo Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.3.4 Valeo Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.3.5 Valeo Recent Developments
11.4 MAHLE GmbH
11.4.1 MAHLE GmbH Company Information, Head Office, Market Area, and Industry Position
11.4.2 MAHLE GmbH Company Profile and Main Business
11.4.3 MAHLE GmbH Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.4.4 MAHLE GmbH Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.4.5 MAHLE GmbH Recent Developments
11.5 Sanhua Intelligent Controls
11.5.1 Sanhua Intelligent Controls Company Information, Head Office, Market Area, and Industry Position
11.5.2 Sanhua Intelligent Controls Company Profile and Main Business
11.5.3 Sanhua Intelligent Controls Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.5.4 Sanhua Intelligent Controls Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.5.5 Sanhua Intelligent Controls Recent Developments
11.6 Sanden
11.6.1 Sanden Company Information, Head Office, Market Area, and Industry Position
11.6.2 Sanden Company Profile and Main Business
11.6.3 Sanden Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.6.4 Sanden Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.6.5 Sanden Recent Developments
11.7 Aotecar
11.7.1 Aotecar Company Information, Head Office, Market Area, and Industry Position
11.7.2 Aotecar Company Profile and Main Business
11.7.3 Aotecar Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.7.4 Aotecar Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.7.5 Aotecar Recent Developments
11.8 Yinlun Machinery
11.8.1 Yinlun Machinery Company Information, Head Office, Market Area, and Industry Position
11.8.2 Yinlun Machinery Company Profile and Main Business
11.8.3 Yinlun Machinery Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.8.4 Yinlun Machinery Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.8.5 Yinlun Machinery Recent Developments
11.9 HASCO
11.9.1 HASCO Company Information, Head Office, Market Area, and Industry Position
11.9.2 HASCO Company Profile and Main Business
11.9.3 HASCO Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.9.4 HASCO Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.9.5 HASCO Recent Developments
11.10 Senior Flexonics
11.10.1 Senior Flexonics Company Information, Head Office, Market Area, and Industry Position
11.10.2 Senior Flexonics Company Profile and Main Business
11.10.3 Senior Flexonics Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.10.4 Senior Flexonics Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.10.5 Senior Flexonics Recent Developments
11.11 Zhongding Group
11.11.1 Zhongding Group Company Information, Head Office, Market Area, and Industry Position
11.11.2 Zhongding Group Company Profile and Main Business
11.11.3 Zhongding Group Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.11.4 Zhongding Group Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.11.5 Zhongding Group Recent Developments
11.12 Songz Automobile Air Conditioning
11.12.1 Songz Automobile Air Conditioning Company Information, Head Office, Market Area, and Industry Position
11.12.2 Songz Automobile Air Conditioning Company Profile and Main Business
11.12.3 Songz Automobile Air Conditioning Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.12.4 Songz Automobile Air Conditioning Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.12.5 Songz Automobile Air Conditioning Recent Developments
11.13 Feilong Auto Components
11.13.1 Feilong Auto Components Company Information, Head Office, Market Area, and Industry Position
11.13.2 Feilong Auto Components Company Profile and Main Business
11.13.3 Feilong Auto Components Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.13.4 Feilong Auto Components Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.13.5 Feilong Auto Components Recent Developments
11.14 Tenglong Auto Parts
11.14.1 Tenglong Auto Parts Company Information, Head Office, Market Area, and Industry Position
11.14.2 Tenglong Auto Parts Company Profile and Main Business
11.14.3 Tenglong Auto Parts Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.14.4 Tenglong Auto Parts Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.14.5 Tenglong Auto Parts Recent Developments
11.15 Tuopu Group
11.15.1 Tuopu Group Company Information, Head Office, Market Area, and Industry Position
11.15.2 Tuopu Group Company Profile and Main Business
11.15.3 Tuopu Group Electric Vehicle Thermal Management Solutions Models, Specifications, and Application
11.15.4 Tuopu Group Electric Vehicle Thermal Management Solutions Revenue and Gross Margin, 2020-2025
11.15.5 Tuopu Group Recent Developments

12 Conclusion

13 Appendix
13.1 Research Methodology
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Market Estimation Model
13.4 Disclaimer

According to YH Research, the global market for Electric Vehicle Thermal Management Solutions should grow from US$ 26907 million in 2024 to US$ 71515 million by 2031, with a CAGR of 14.0% for the period of 2025-2031.

Electric Vehicle Thermal Management Solution is the integrated hardware and control system used in battery electric and plug-in hybrid vehicles to manage the temperature of all thermally critical components. It covers the traction battery pack, e-motor and e-axle, power electronics (inverter, on-board charger, DC/DC converter), on-board charging system and the cabin HVAC/heat pump. Typical EV thermal management systems include coolant loops with cold plates or jackets, refrigerant circuits with chillers or direct-refrigerant battery cooling, heat pumps and PTC heaters, electric coolant pumps, multi-port electronic valves, expansion tanks, hoses and pipes, sensors and a dedicated thermal management controller. By coordinating heating, cooling, pre-conditioning and waste-heat recovery across these subsystems, the EV thermal management system enables battery pre-heating and cooling, fast-charging temperature control, e-powertrain and inverter cooling, and efficient cabin heating and cooling under varying ambient conditions, thereby ensuring battery safety and durability while optimizing vehicle energy efficiency, driving range and occupant comfort.

Electric Vehicle Thermal Management Solutions

According to YH Research, the global market for Electric Vehicle Thermal Management Solutions should grow from US$ 26907 million in 2024 to US$ 71515 million by 2031, with a CAGR of 14.0% for the period of 2025-2031.

Unit: US$ M

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In-depth insight into market trends

The supply chain for Electric Vehicle Thermal Management Solutions can broadly be divided into three tiers. Upstream suppliers provide coolants and refrigerants, aluminum and copper sheets/extrusions, engineering plastics, rubber seals, fin materials for heat exchangers, as well as sensors and electronic components. Midstream Tier-1 and Tier-2 suppliers develop and supply electric coolant pumps, electronically controlled valves, electric A/C compressors, cold plates and battery cooling modules, heat-pump assemblies, integrated thermal management modules (ITM/ICM), coolant hose/pipe assemblies and wiring, often together with system integration and calibration services. Downstream, vehicle manufacturers—and in some cases battery and e-drive integrators—define the overall thermal architecture and control strategies and source complete systems or major modules. In terms of profitability, upstream materials and commoditized parts typically deliver gross margins in the 10–20% range; standardized functional components such as pumps, valves, heat exchangers and cold plates are more often in the 15–25% range; whereas highly integrated, vehicle-level thermal management systems and modules that include control software and engineering support can reach roughly 20–30% gross margins, with leading system suppliers that have strong software and integration capabilities generally enjoying better margin quality than pure component vendors.

Electric vehicle thermal management solutions is a core vehicle-level system that ensures the traction battery, e-motor, inverter, on-board charger and cabin all operate within their optimal temperature ranges, directly influencing usable range, fast-charging capability, safety and comfort. As electric vehicles move from early adoption to mass-market penetration, the thermal system has shifted from a basic cooling loop into a highly engineered, multi-loop architecture that must deliver stable performance in hot summers, cold winters, high-speed driving, urban congestion and repeated DC fast-charging events. In practice, the EV thermal management system has become one of the key determinants of perceived product quality, especially in markets where customers compare real-world range, fast-charging speed and HVAC performance across brands.

From a technology development perspective, Electric vehicle thermal management solutions are evolving from simple glycol-based cooling for batteries and power electronics toward integrated solutions that couple coolant and refrigerant loops, and increasingly rely on heat pump architectures. Typical modern systems include liquid-cooled battery packs with aluminum cold plates, dedicated liquid circuits for e-motor and inverter cooling, compact chiller units to transfer heat between refrigerant and coolant, and high-efficiency heat pumps using low-GWP refrigerants for cabin heating and cooling. Integrated valve blocks, variable-speed pumps and e-compressors, together with thermal domain controllers, enable the system to pre-condition the battery before fast charging, coordinate thermal demands from multiple subsystems, and select the most efficient operating mode in real time. This shift turns the thermal management system from a passive "protector" into an active "energy manager" for the entire vehicle.

Regionally, the adoption and sophistication of Electric vehicle thermal management solutions show distinct patterns. In Asia-Pacific, especially China, Korea and Japan, high EV production volumes and dense local supply chains for batteries and power electronics have accelerated the rollout of advanced thermal architectures across both mass-market and premium models.

The Electric vehicle thermal management solutions field is rich in both opportunities and challenges. On the opportunity side, higher-voltage architectures (800 V and above), ultra-fast charging, high-energy-density battery chemistries and the growth of electric buses, trucks and vans all demand more precise and efficient thermal control, opening space for innovation in heat exchangers, coolants, system integration and software algorithms. As EVs penetrate harsher climates, brands that can maintain range, charging power and quiet, comfortable cabins in extreme conditions will gain a clear competitive edge. On the challenge side, increasing functional demands must fit into tight packaging spaces and strict cost targets, while meeting low-GWP refrigerant regulations and high reliability expectations over long vehicle lifetimes. Managing consistent performance across different cell formats, pack designs and vehicle platforms adds further complexity and requires close cross-functional collaboration. Against this backdrop, the electric vehicle thermal management solutions is no longer a secondary engineering topic, but a strategic domain that links electrochemistry, thermal hardware, control software and user experience across the entire EV value chain.

This report aims to provide a comprehensive study of the global market for Electric Vehicle Thermal Management Solutions. Report Highlights:
(1) Global Electric Vehicle Thermal Management Solutions market size (value), history data from 2020-2024, and forecast data from 2025 to 2031.

(2) Global Electric Vehicle Thermal Management Solutions market competitive situation, revenue, and market share, from 2020 to 2024.

(3) China Electric Vehicle Thermal Management Solutions market competitive situation, revenue, and market share, from 2020 to 2024.

(4) Global Electric Vehicle Thermal Management Solutions segment by region (or country), key regions cover the United States, Europe, China, Japan, South Korea, Southeast Asia, and India, etc.

(5) Global Electric Vehicle Thermal Management Solutions segment by Type, and by Application, and regional segment by Type, and by Application.

(6) Electric Vehicle Thermal Management Solutions industry supply chain, upstream, midstream, and downstream analysis.

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by Type, covers
    Power System
    Air Conditioning System

Market segment by System Architecture, covers
    Split Type
    Integrated Type

Market segment by Sales Channel, covers
    OEM
    Aftermarket

Market segment by Application, can be divided into
    BEV
    PHEV

Market segment by players, this report covers
    DENSO
    Hanon Systems
    Valeo
    MAHLE GmbH
    Sanhua Intelligent Controls
    Sanden
    Aotecar
    Yinlun Machinery
    HASCO
    Senior Flexonics
    Zhongding Group
    Songz Automobile Air Conditioning
    Feilong Auto Components
    Tenglong Auto Parts
    Tuopu Group