세계의 배터리 냉각 플레이트 시장 예측(-2030년) : 냉각 방법별, 재료 유형별, 배터리 유형별, 차종별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Battery Cooling Plate Market is accounted for $732.7 million in 2024 and is expected to reach $4677.5 million by 2030 growing at a CAGR of 36.2% during the forecast period. A battery cooling plate is a critical component in thermal management systems for lithium-ion batteries, particularly in electric vehicles and energy storage applications. It's a thin, flat device typically made of highly conductive materials like aluminum or copper, designed to efficiently remove heat from battery cells. The plate contains internal channels or passages for coolant circulation, maintaining optimal battery temperature during charging and discharging. By regulating temperature uniformity and preventing overheating, cooling plates enhance battery performance, extend lifespan, improve safety, and enable faster charging capabilities in high-performance battery systems.

According to EV volumes, battery electric vehicle (BEV) sales grew by 59% year-over-year in 2022, reaching approximately 8 million units. Plug-in hybrid electric vehicle (PHEV) sales grew by 46% to reach around 2.6 million units.

Market Dynamics:

Driver:

Increasing demand for electric vehicles

The growing adoption of electric vehicles (EVs) is a primary driver for the battery cooling plate market. As EV production and sales surge globally, the demand for efficient battery thermal management systems increases. Battery cooling plates play a crucial role in maintaining optimal operating temperatures for EV batteries, enhancing their performance, longevity, and safety. The push for longer driving ranges and faster charging capabilities in EVs further emphasizes the need for advanced cooling solutions. This trend is expected to continue, driving substantial growth in the battery cooling plate market.

Restraint:

High initial costs

Developing and manufacturing sophisticated cooling plates, especially those using liquid cooling technology, requires substantial investment in research, materials, and production processes. These costs are often passed on to end-users, potentially limiting adoption, particularly in price-sensitive markets or for smaller electric vehicle manufacturers. The challenge lies in balancing performance improvements with cost-effectiveness to make battery cooling plates more accessible across various vehicle segments and markets.

Opportunity:

Growing industrialization and urbanization

As cities expand and industrial activities increase, there's a growing demand for electric vehicles, energy storage systems, and other applications requiring efficient battery management. This urbanization drives the need for sustainable transportation solutions, where battery cooling plates play a crucial role. Additionally, industrial applications of large-scale batteries in renewable energy systems and grid stabilization create new avenues for cooling plate technologies, expanding the market beyond automotive applications.

Threat:

Fluctuations in economic conditions

Economic downturns can lead to reduced consumer spending on electric vehicles and decreased investments in renewable energy projects. Fluctuations in raw material prices, particularly for specialized materials used in high-performance cooling plates, can impact manufacturing costs and profit margins. Economic uncertainties may also slow down research and development efforts, potentially hindering innovation in cooling plate technologies.

Covid-19 Impact:

The COVID-19 pandemic initially disrupted the battery cooling plate market due to supply chain interruptions and manufacturing slowdowns. However, the crisis also accelerated the shift towards electric vehicles and renewable energy, boosting long-term demand for battery cooling plates. The pandemic highlighted the importance of supply chain resilience and localized production, potentially reshaping the market landscape. Post-pandemic recovery efforts focusing on green technologies are expected to further drive market growth.

The liquid cooling segment is expected to be the largest during the forecast period

The liquid cooling segment is projected to account for the largest market share during the projection period. Liquid cooling systems offer superior thermal management capabilities compared to air cooling, making them ideal for high-performance electric vehicles and energy storage applications. This technology allows for more efficient heat dissipation, enabling faster charging rates and improved battery longevity. As electric vehicles with larger battery packs and higher power outputs become more prevalent, the demand for liquid cooling plates is expected to surge. The segment's growth is further driven by advancements in coolant formulations and plate designs, enhancing overall system efficiency.

The commercial vehicles segment is expected to have the highest CAGR during the forecast period

The commercial vehicles segment is projected to have the highest CAGR during the extrapolated period. This rapid growth is attributed to the increasing electrification of commercial fleets, including delivery vans, buses, and trucks. Commercial electric vehicles often require more robust battery cooling solutions due to their higher utilization rates, heavier loads, and demand for fast charging capabilities. As businesses and municipalities increasingly adopt electric commercial vehicles to meet sustainability goals and reduce operating costs, the demand for advanced battery cooling plates in this segment is set to accelerate.

Region with largest share:

During the projected timeframe, the Asia Pacific region is expected to hold the largest market share. This dominance is primarily due to the region's leadership in electric vehicle production and adoption, particularly in countries like China, Japan, and South Korea. The presence of major battery manufacturers and automotive OEMs in the region drives significant demand for battery cooling plates. Additionally, government initiatives promoting electric vehicle adoption and investments in charging infrastructure further boost market growth. The region's robust supply chain for battery components and cooling technologies also contributes to its market leadership.

Region with highest CAGR:

The Asia Pacific region is predicted to witness the lucrative growth rate throughout the forecast period. This rapid growth is fueled by aggressive electric vehicle adoption targets set by countries in the region, coupled with substantial investments in battery technology and manufacturing capabilities. The expansion of domestic EV markets in countries like India and Southeast Asian nations is expected to create new opportunities for battery cooling plate manufacturers. Furthermore, the region's focus on developing next-generation battery technologies and thermal management solutions is likely to drive innovation in cooling plate design, further accelerating market growth in Asia Pacific.

Key players in the market

Some of the key players in Battery Cooling Plate Market include BorgWarner Inc., Sogefi Group, Dana Limited, MAHLE GmbH, Modine Manufacturing Company, Nippon Light Metals, Priatherm, SANHUA Automotive, Bespoke Composite Panels, Estra Automotive, HELLA GmbH & Co. KGaA, KOHSAN Co., Ltd., Nisshinbo Holdings Inc., LG Chem, Panasonic Corporation, Samsung SDI, CATL, and BYD.

Key Developments:

In August 2024, Modine, a diversified global company recognized for its thermal management technology and solutions, recently announced the release of its new EVsantage electric compressor and valve product lines, specifically designed to meet the demanding operational needs of heavy-duty electric vehicles.

In February 2023, BorgWarner announced it will supply a major German vehicle manufacturer in Europe and the U.S. with innovative battery cooling plates for their next-generation electric vehicles. The plates are designed to provide cooling capacity in a more compact package with reduced weight and cost.

Cooling Methods Covered:

• Air Cooling
• Liquid Cooling
• Phase Change Material (PCM) Cooling
• Immersion Cooling

Material Types Covered:

• Aluminum
• Copper
• Graphite
• Composite Materials
• Other Material Types

Battery Types Covered:

• Lithium-Ion Batteries
• Solid-State Batteries
• Lead-Acid Batteries
• Nickel-Metal Hydride Batteries
• Other Battery Types

Vehicle Types Covered:

• Passenger Vehicles
• Commercial Vehicles

Applications Covered:

• Electric Vehicles (EVs)
• Energy Storage Systems (ESS)
• Portable Electronics
• Industrial Applications
• Aerospace and Defense
• Marine
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Battery Cooling Plate Market, By Cooling Method

• 5.1 Introduction
• 5.2 Air Cooling
• 5.3 Liquid Cooling
  • 5.3.1 Direct Liquid Cooling
  • 5.3.2 Indirect Liquid Cooling
    • 5.3.2.1 Heat Pipes
    • 5.3.2.2 Cold Plates
    • 5.3.2.3 Other Techniques
• 5.4 Phase Change Material (PCM) Cooling
• 5.5 Immersion Cooling

6 Global Battery Cooling Plate Market, By Material Type

• 6.1 Introduction
• 6.2 Aluminum
• 6.3 Copper
• 6.4 Graphite
• 6.5 Composite Materials
• 6.6 Other Material Types

7 Global Battery Cooling Plate Market, By Battery Type

• 7.1 Introduction
• 7.2 Lithium-Ion Batteries
• 7.3 Solid-State Batteries
• 7.4 Lead-Acid Batteries
• 7.5 Nickel-Metal Hydride Batteries
• 7.6 Other Battery Types

8 Global Battery Cooling Plate Market, By Vehicle Type

• 8.1 Introduction
• 8.2 Passenger Vehicles
• 8.3 Commercial Vehicles
  • 8.3.1 Light Commercial Vehicles
  • 8.3.2 Heavy Commercial Vehicles

9 Global Battery Cooling Plate Market, By Application

• 9.1 Introduction
• 9.2 Electric Vehicles (EVs)
  • 9.2.1 Battery Electric Vehicles (BEVs)
  • 9.2.2 Plug-in Hybrid Electric Vehicles (PHEVs)
  • 9.2.3 Hybrid Electric Vehicles (HEVs)
• 9.3 Energy Storage Systems (ESS)
• 9.4 Portable Electronics
• 9.5 Industrial Applications
• 9.6 Aerospace and Defense
• 9.7 Marine
• 9.8 Other Applications

10 Global Battery Cooling Plate Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 BorgWarner Inc.
• 12.2 Sogefi Group
• 12.3 Dana Limited
• 12.4 MAHLE GmbH
• 12.5 Modine Manufacturing Company
• 12.6 Nippon Light Metals
• 12.7 Priatherm
• 12.8 SANHUA Automotive
• 12.9 Bespoke Composite Panels
• 12.10 Estra Automotive
• 12.11 HELLA GmbH & Co. KGaA
• 12.12 KOHSAN Co., Ltd.
• 12.13 Nisshinbo Holdings Inc.
• 12.14 LG Chem
• 12.15 Panasonic Corporation
• 12.16 Samsung SDI
• 12.17 CATL
• 12.18 BYD