Market Overview:
The global electric vehicle thermal management valve market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles across the globe. Additionally, stringent emission norms are also fuelling the demand for electric vehicles, which in turn is boosting the growth of the global electric vehicle thermal management valve market. The global electric vehicle thermal management valve market can be segmented on the basis of type into intake throttle valves and exhaust throttle valves. Intake throttle valves are used to control air intake into an engine, while exhaust throttle valves are used to control air flow out of an engine. On the basis of application,the global electric vehicle thermal management valvemarket can be segmented into OEM and AM/aftermarket segments.
Product Definition:
Electric Vehicle Thermal Management Valve is a device used to control the temperature of electric vehicle batteries. It is important because it helps keep the batteries from overheating, which can damage them and reduce their lifespan.
Intake Throttle Valve:
Intake throttle valve is a one-way flow control device that controls the air intake into an engine. It works in synchronization with the thermostat to regulate the temperature of an engine, and thus ensures efficient functioning of all components. The mechanism is installed in automobiles as it helps increase fuel efficiency by reducing exhaust emissions.
Exhaust Throttle Valve:
Exhaust throttle valve is a device that opens to let the exhaust gas out of the engine when the demand for more power is detected. It's used in electric vehicles (EV) thermal management valve market to control and monitor temperature in critical areas like battery, motor, and turbocharger.
It helps reduce heat build-up within these components which can damage them or even lead to early failure.
Application Insights:
OEMs such as Mercedes, BMW, Audi and Porsche are focusing on offering electric vehicles with advanced features. For instance, in June 2017, Daimler AG announced the development of an electric Mercedes-Benz GLC SUV that will have a thermal management system integrated into its exhaust system. The company also mentioned that it plans to offer eight different variants of the vehicle across four different powertrain combinations to meet various customer requirements. OEMs are focusing on offering technologically advanced EVs with enhanced performance characteristics for which AM/ aftermarket is expected to grow at a significant rate over the forecast period.
The AM/ aftermarket segment is anticipated to witness growth owing to rising demand for replacement parts and services in existing gasoline-powered cars following their conversion into fully electric vehicles (EV). Electric vehicle owners often face issues such as high battery temperatures which require valve replacements during servicing or repairs at automotive service centers or workshops.
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing demand for electric vehicles, which, in turn, has led to an increased production of thermal management valves. China is one of the major manufacturers of thermal management valve owing to low manufacturing cost and easy availability of raw materials such as aluminum.
North America held a significant share in 2017 owing to high demand from U.S., where Tesla Motors launched its Model 3 car with standard features including heated seats and steering wheel along with other advanced safety features at an estimated price range between USD X-,000 (Rs 30 lakhs). Such developments are anticipated to boost product adoption across various applications over the next eight years.
Growth Factors:
- Increasing demand for electric vehicles due to environmental concerns and government initiatives
- Growing popularity of plug-in hybrid electric vehicles (PHEVs) and all-electric vehicles (AEVs)
- Proliferation of wireless charging technologies for electric vehicles
- Development of more efficient and advanced thermal management valves for electric vehicles
- Reduction in the cost of batteries and other components used in electric vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle Thermal Management Valve Market Research Report
By Type
Intake Throttle Valve, Exhaust Throttle Valve
By Application
OEM, AM/ Aftermarket
By Companies
Aisan, Continental, Denso, Rheinmetall Automotive, Bosch, Faurecia, Magneti Marelli, BorgWarner, Delphi, Mahle, Aisan, Klubert + Schmidt, Hitachi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle Thermal Management Valve Market Report Segments:
The global Electric Vehicle Thermal Management Valve market is segmented on the basis of:
Types
Intake Throttle Valve, Exhaust Throttle Valve
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
OEM, AM/ Aftermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aisan
- Continental
- Denso
- Rheinmetall Automotive
- Bosch
- Faurecia
- Magneti Marelli
- BorgWarner
- Delphi
- Mahle
- Aisan
- Klubert + Schmidt
- Hitachi
Highlights of The Electric Vehicle Thermal Management Valve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Intake Throttle Valve
- Exhaust Throttle Valve
- By Application:
- OEM
- AM/ Aftermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Vehicle Thermal Management Valve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric vehicle thermal management valve (EVTMV) is a device that helps regulate the temperature of an electric vehicle's battery.
Some of the key players operating in the electric vehicle thermal management valve market are Aisan, Continental, Denso, Rheinmetall Automotive, Bosch, Faurecia, Magneti Marelli, BorgWarner, Delphi, Mahle, Aisan, Klubert + Schmidt, Hitachi.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Vehicle Thermal Management Valve Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Vehicle Thermal Management Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Vehicle Thermal Management Valve Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Vehicle Thermal Management Valve Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Vehicle Thermal Management Valve Market Size & Forecast, 2018-2028
4.5.1 Electric Vehicle Thermal Management Valve Market Size and Y-o-Y Growth
4.5.2 Electric Vehicle Thermal Management Valve Market Absolute $ Opportunity
Chapter 5 Global Electric Vehicle Thermal Management Valve Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Vehicle Thermal Management Valve Market Size Forecast by Type
5.2.1 Intake Throttle Valve
5.2.2 Exhaust Throttle Valve
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Vehicle Thermal Management Valve Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Vehicle Thermal Management Valve Market Size Forecast by Applications
6.2.1 OEM
6.2.2 AM/ Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Vehicle Thermal Management Valve Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Vehicle Thermal Management Valve Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Vehicle Thermal Management Valve Analysis and Forecast
9.1 Introduction
9.2 North America Electric Vehicle Thermal Management Valve Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Vehicle Thermal Management Valve Market Size Forecast by Type
9.6.1 Intake Throttle Valve
9.6.2 Exhaust Throttle Valve
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Vehicle Thermal Management Valve Market Size Forecast by Applications
9.10.1 OEM
9.10.2 AM/ Aftermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Vehicle Thermal Management Valve Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Vehicle Thermal Management Valve Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Vehicle Thermal Management Valve Market Size Forecast by Type
10.6.1 Intake Throttle Valve
10.6.2 Exhaust Throttle Valve
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Vehicle Thermal Management Valve Market Size Forecast by Applications
10.10.1 OEM
10.10.2 AM/ Aftermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Vehicle Thermal Management Valve Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Vehicle Thermal Management Valve Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Vehicle Thermal Management Valve Market Size Forecast by Type
11.6.1 Intake Throttle Valve
11.6.2 Exhaust Throttle Valve
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Vehicle Thermal Management Valve Market Size Forecast by Applications
11.10.1 OEM
11.10.2 AM/ Aftermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Vehicle Thermal Management Valve Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Vehicle Thermal Management Valve Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Vehicle Thermal Management Valve Market Size Forecast by Type
12.6.1 Intake Throttle Valve
12.6.2 Exhaust Throttle Valve
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Vehicle Thermal Management Valve Market Size Forecast by Applications
12.10.1 OEM
12.10.2 AM/ Aftermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Vehicle Thermal Management Valve Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Vehicle Thermal Management Valve Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Vehicle Thermal Management Valve Market Size Forecast by Type
13.6.1 Intake Throttle Valve
13.6.2 Exhaust Throttle Valve
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Vehicle Thermal Management Valve Market Size Forecast by Applications
13.10.1 OEM
13.10.2 AM/ Aftermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Vehicle Thermal Management Valve Market: Competitive Dashboard
14.2 Global Electric Vehicle Thermal Management Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aisan
14.3.2 Continental
14.3.3 Denso
14.3.4 Rheinmetall Automotive
14.3.5 Bosch
14.3.6 Faurecia
14.3.7 Magneti Marelli
14.3.8 BorgWarner
14.3.9 Delphi
14.3.10 Mahle
14.3.11 Aisan
14.3.12 Klubert + Schmidt
14.3.13 Hitachi
