APO Research

APO RESEARCH · REPORT

Immersion Cooling for EV Battery

Selected research

Market Outlook & Growth Opportunities

Global Immersion Cooling for EV Battery Market Outlook and Growth Opportunities 2026

Market perspective

The global Immersion Cooling for EV Battery market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a compound annual growth rate (CAGR) of % over 2026-2032.

The North America market for Immersion Cooling for EV Battery is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

The Europe market for Immersion Cooling for EV Battery is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Immersion Cooling for EV Battery is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

In China, the Immersion Cooling for EV Battery market is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Major global companies in the Immersion Cooling for EV Battery market include XING Mobility Inc, Valeo, The Lubrizol Corp, SAE International, Rimac Technology Ltd, Ricardo Pic, Mahle GmbH, M&l Materials Ltd and EXOES SAS, among others. In 2025, the top three vendors together accounted for approximately % of global market revenue.

This report provides an overview of the global Immersion Cooling for EV Battery market in terms of revenue and gross margin, analyzing global market trends using historical revenue data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.

The study covers key producers of Immersion Cooling for EV Battery and market revenue by major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.

The report also presents Immersion Cooling for EV Battery revenue, market share, and industry ranking for the main companies for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.

Across the 2021-2026 period, the analysis compares revenue growth and profitability profiles by company, distinguishing participants with sustained expansion from those with more cyclical performance, and relates these patterns to differences in regional exposure, product portfolios, and application focus in the global Immersion Cooling for EV Battery market.

Immersion Cooling for EV Battery Segment by Company

XING Mobility Inc

Valeo

The Lubrizol Corp

SAE International

Rimac Technology Ltd

Ricardo Pic

Mahle GmbH

M&l Materials Ltd

EXOES SAS

Immersion Cooling for EV Battery Segment by Type

Single-Phase Immersion Cooling

Two-Phase Immersion Cooling

Immersion Cooling for EV Battery Segment by Application

Commercial Vehicle

Passenger Vehicle

Immersion Cooling for EV Battery Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Study Objectives

1. To analyze and research the global Immersion Cooling for EV Battery status and future forecast, involving, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the Immersion Cooling for EV Battery key companies, revenue, market share, and recent developments.

3. To split the Immersion Cooling for EV Battery breakdown data by regions, type, companies, and application.

4. To analyze the global and key regions Immersion Cooling for EV Battery market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify Immersion Cooling for EV Battery significant trends, drivers, influence factors in global and regions.

6. To analyze Immersion Cooling for EV Battery competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Immersion Cooling for EV Battery market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Immersion Cooling for EV Battery and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Immersion Cooling for EV Battery.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size.

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Immersion Cooling for EV Battery industry.

Chapter 3: Detailed analysis of Immersion Cooling for EV Battery company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales value of Immersion Cooling for EV Battery in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of key country in the world.

Chapter 7: Sales value of Immersion Cooling for EV Battery in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.

Chapter 9: Concluding Insights.

More report detail

Tables and figures
List of Tables Table 1. Immersion Cooling for EV Battery Industry Trends Table 2. Immersion Cooling for EV Battery Industry Drivers Table 3. Immersion Cooling for EV Battery Industry Opportunities and Challenges Table 4. Immersion Cooling for EV Battery Industry Restraints Table 5. Global Immersion Cooling for EV Battery Revenue by Company (US$ Million) & (2021-2026) Table 6. Global Immersion Cooling for EV Battery Revenue Share by Company (2021-2026) Table 7. Global Immersion Cooling for EV Battery Company Ranking, (2024-2026) & (US$ Million) Table 8. Global Immersion Cooling for EV Battery Key Company Manufacturing Base & Headquarters Table 9. Global Immersion Cooling for EV Battery Company, Product Type & Application Table 10. Global Immersion Cooling for EV Battery Company Establishment Date Table 11. Global Company Market Concentration Ratio (CR5 and HHI) Table 12. Global Immersion Cooling for EV Battery by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on Revenue of 2025) Table 13. Mergers & Acquisitions, Expansion Table 14. Significant Companies of Single-Phase Immersion Cooling Table 15. Significant Companies of Two-Phase Immersion Cooling Table 16. Global Immersion Cooling for EV Battery Sales Value by Type 2021 VS 2025 VS 2032 (US$ Million) Table 17. Global Immersion Cooling for EV Battery Sales Value by Type (2021-2026) & (US$ Million) Table 18. Global Immersion Cooling for EV Battery Sales Value by Type (2027-2032) & (US$ Million) Table 19. Global Immersion Cooling for EV Battery Sales Value Share by Type (2021-2026) Table 20. Global Immersion Cooling for EV Battery Sales Value Share by Type (2027-2032) Table 21. Significant Companies of Commercial Vehicle Table 22. Significant Companies of Passenger Vehicle Table 23. Global Immersion Cooling for EV Battery Sales Value by Application 2021 VS 2025 VS 2032 (US$ Million) Table 24. Global Immersion Cooling for EV Battery Sales Value by Application (2021-2026) & (US$ Million) Table 25. Global Immersion Cooling for EV Battery Sales Value by Application (2027-2032) & (US$ Million) Table 26. Global Immersion Cooling for EV Battery Sales Value Share by Application (2021-2026) Table 27. Global Immersion Cooling for EV Battery Sales Value Share by Application (2027-2032) Table 28. Global Immersion Cooling for EV Battery Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 29. Global Immersion Cooling for EV Battery Sales Value by Region (2021-2026) & (US$ Million) Table 30. Global Immersion Cooling for EV Battery Sales Value Share by Region (2021-2026) Table 31. Global Immersion Cooling for EV Battery Sales Value by Region (2027-2032) & (US$ Million) Table 32. Global Immersion Cooling for EV Battery Sales Value Share by Region (2027-2032) Table 33. Global Immersion Cooling for EV Battery Sales Value by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 34. Global Immersion Cooling for EV Battery Sales Value by Country (2021-2026) & (US$ Million) Table 35. Global Immersion Cooling for EV Battery Sales Value Market Share by Country (2021-2026) Table 36. Global Immersion Cooling for EV Battery Sales Value by Country (2027-2032) & (US$ Million) Table 37. Global Immersion Cooling for EV Battery Sales Value Market Share by Country (2027-2032) Table 38. XING Mobility Inc Company Information Table 39. XING Mobility Inc Business Overview Table 40. XING Mobility Inc Immersion Cooling for EV Battery Revenue (US$ Million) and Gross Margin (2021-2026) Table 41. XING Mobility Inc Immersion Cooling for EV Battery Product Portfolio Table 42. XING Mobility Inc Recent Development Table 43. Valeo Company Information Table 44. Valeo Business Overview Table 45. Valeo Immersion Cooling for EV Battery Revenue (US$ Million) and Gross Margin (2021-2026) Table 46. Valeo Immersion Cooling for EV Battery Product Portfolio Table 47. Valeo Recent Development Table 48. The Lubrizol Corp Company Information Table 49. The Lubrizol Corp Business Overview Table 50. The Lubrizol Corp Immersion Cooling for EV Battery Revenue (US$ Million) and Gross Margin (2021-2026) Table 51. The Lubrizol Corp Immersion Cooling for EV Battery Product Portfolio Table 52. The Lubrizol Corp Recent Development Table 53. SAE International Company Information Table 54. SAE International Business Overview Table 55. SAE International Immersion Cooling for EV Battery Revenue (US$ Million) and Gross Margin (2021-2026) Table 56. SAE International Immersion Cooling for EV Battery Product Portfolio Table 57. SAE International Recent Development Table 58. Rimac Technology Ltd Company Information Table 59. Rimac Technology Ltd Business Overview Table 60. Rimac Technology Ltd Immersion Cooling for EV Battery Revenue (US$ Million) and Gross Margin (2021-2026) Table 61. Rimac Technology Ltd Immersion Cooling for EV Battery Product Portfolio Table 62. Rimac Technology Ltd Recent Development Table 63. Ricardo Pic Company Information Table 64. Ricardo Pic Business Overview Table 65. Ricardo Pic Immersion Cooling for EV Battery Revenue (US$ Million) and Gross Margin (2021-2026) Table 66. Ricardo Pic Immersion Cooling for EV Battery Product Portfolio Table 67. Ricardo Pic Recent Development Table 68. Mahle GmbH Company Information Table 69. Mahle GmbH Business Overview Table 70. Mahle GmbH Immersion Cooling for EV Battery Revenue (US$ Million) and Gross Margin (2021-2026) Table 71. Mahle GmbH Immersion Cooling for EV Battery Product Portfolio Table 72. Mahle GmbH Recent Development Table 73. M&l Materials Ltd Company Information Table 74. M&l Materials Ltd Business Overview Table 75. M&l Materials Ltd Immersion Cooling for EV Battery Revenue (US$ Million) and Gross Margin (2021-2026) Table 76. M&l Materials Ltd Immersion Cooling for EV Battery Product Portfolio Table 77. M&l Materials Ltd Recent Development Table 78. EXOES SAS Company Information Table 79. EXOES SAS Business Overview Table 80. EXOES SAS Immersion Cooling for EV Battery Revenue (US$ Million) and Gross Margin (2021-2026) Table 81. EXOES SAS Immersion Cooling for EV Battery Product Portfolio Table 82. EXOES SAS Recent Development Table 83. Research Programs/Design for This Report Table 84. Authors List of This Report Table 85. Secondary Sources Table 86. Primary Sources List of Figures Figure 1. Immersion Cooling for EV Battery Product Image Figure 2. Global Immersion Cooling for EV Battery Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Immersion Cooling for EV Battery Market Size (2021-2032) & (US$ Million) Figure 4. Global Immersion Cooling for EV Battery Company Revenue Ranking in 2025 (US$ Million) Figure 5. Global Top 5 and 10 Company Market Share by Revenue in 2025 (US$ Million) Figure 6. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 7. Single-Phase Immersion Cooling Image Figure 8. Two-Phase Immersion Cooling Image Figure 9. Global Immersion Cooling for EV Battery Sales Value by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 10. Global Immersion Cooling for EV Battery Sales Value Share 2021 VS 2025 VS 2032 Figure 11. Global Immersion Cooling for EV Battery Sales Value Share by Type (2021-2032) Figure 12. Commercial Vehicle Image Figure 13. Passenger Vehicle Image Figure 14. Global Immersion Cooling for EV Battery Sales Value by Application (2021 VS 2025 VS 2032) & (US$ Million) Figure 15. Global Immersion Cooling for EV Battery Sales Value Share 2021 VS 2025 VS 2032 Figure 16. Global Immersion Cooling for EV Battery Sales Value Share by Application (2021-2032) Figure 17. Global Immersion Cooling for EV Battery Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 18. Global Immersion Cooling for EV Battery Sales Value Share by Region: 2021 VS 2025 VS 2032 Figure 19. North America Immersion Cooling for EV Battery Sales Value (2021-2032) & (US$ Million) Figure 20. North America Immersion Cooling for EV Battery Sales Value Share by Country (%), 2025 VS 2032 Figure 21. Europe Immersion Cooling for EV Battery Sales Value (2021-2032) & (US$ Million) Figure 22. Europe Immersion Cooling for EV Battery Sales Value Share by Country (%), 2025 VS 2032 Figure 23. Asia-Pacific Immersion Cooling for EV Battery Sales Value (2021-2032) & (US$ Million) Figure 24. Asia-Pacific Immersion Cooling for EV Battery Sales Value Share by Country (%), 2025 VS 2032 Figure 25. South America Immersion Cooling for EV Battery Sales Value (2021-2032) & (US$ Million) Figure 26. South America Immersion Cooling for EV Battery Sales Value Share by Country (%), 2025 VS 2032 Figure 27. Middle East & Africa Immersion Cooling for EV Battery Sales Value (2021-2032) & (US$ Million) Figure 28. Middle East & Africa Immersion Cooling for EV Battery Sales Value Share by Country (%), 2025 VS 2032 Figure 29. USA Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 30. USA Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 31. USA Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 32. Canada Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 33. Canada Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 34. Canada Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 35. Mexico Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 36. Mexico Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 37. Mexico Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 38. Germany Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 39. Germany Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 40. Germany Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 41. France Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 42. France Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 43. France Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 44. U.K. Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 45. U.K. Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 46. U.K. Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 47. Italy Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 48. Italy Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 49. Italy Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 50. Spain Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 51. Spain Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 52. Spain Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 53. Russia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 54. Russia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 55. Russia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 56. Netherlands Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 57. Netherlands Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 58. Netherlands Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 59. Nordic Countries Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 60. Nordic Countries Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 61. Nordic Countries Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 62. China Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 63. China Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 64. China Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 65. Japan Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 66. Japan Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 67. Japan Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 68. South Korea Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 69. South Korea Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 70. South Korea Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 71. India Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 72. India Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 73. India Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 74. Australia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 75. Australia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 76. Australia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 77. Southeast Asia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 78. Southeast Asia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 79. Southeast Asia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 80. Brazil Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 81. Brazil Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 82. Brazil Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 83. Argentina Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 84. Argentina Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 85. Argentina Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 86. Chile Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 87. Chile Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 88. Chile Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 89. Colombia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 90. Colombia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 91. Colombia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 92. Peru Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 93. Peru Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 94. Peru Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 95. Saudi Arabia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 96. Saudi Arabia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 97. Saudi Arabia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 98. Israel Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 99. Israel Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 100. Israel Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 101. UAE Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 102. UAE Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 103. UAE Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 104. Turkey Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 105. Turkey Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 106. Turkey Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 107. Iran Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 108. Iran Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 109. Iran Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 110. Egypt Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 111. Egypt Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032 & (%) Figure 112. Egypt Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032 & (%) Figure 113. Years Considered Figure 114. Research Process Figure 115. Key Executives Interviewed

Scope & coverage.

Types
  • Single-Phase Immersion Cooling
  • Two-Phase Immersion Cooling
Applications
  • Commercial Vehicle
  • Passenger Vehicle
Companies covered
  • XING Mobility Inc
  • Valeo
  • The Lubrizol Corp
  • SAE International
  • Rimac Technology Ltd
  • Ricardo Pic
  • Mahle GmbH
  • M&l Materials Ltd
  • EXOES SAS

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Immersion Cooling for EV Battery Market Size, 2021 VS 2025 VS 2032
  3. 1.3 Global Immersion Cooling for EV Battery Market Size (2021-2032)
  4. 1.4 Assumptions and Limitations
  5. 1.5 Study Goals and Objectives
2 Immersion Cooling for EV Battery Market Dynamics
  1. 2.1 Immersion Cooling for EV Battery Industry Trends
  2. 2.2 Immersion Cooling for EV Battery Industry Drivers
  3. 2.3 Immersion Cooling for EV Battery Industry Opportunities and Challenges
  4. 2.4 Immersion Cooling for EV Battery Industry Restraints
3 Immersion Cooling for EV Battery Market by Company
  1. 3.1 Global Immersion Cooling for EV Battery Company Revenue Ranking in 2025
  2. 3.2 Global Immersion Cooling for EV Battery Revenue by Company (2021-2026)
  3. 3.3 Global Immersion Cooling for EV Battery Company Ranking (2024-2026)
  4. 3.4 Global Immersion Cooling for EV Battery Company Manufacturing Base and Headquarters
  5. 3.5 Global Immersion Cooling for EV Battery Company Product Type and Application
  6. 3.6 Global Immersion Cooling for EV Battery Company Establishment Date
  7. 3.7 Market Competitive Analysis
  8. 3.7.1 Global Immersion Cooling for EV Battery Market Concentration Ratio (CR5 and HHI)
  9. 3.7.2 Global Top 5 and 10 Company Market Share by Revenue in 2025
  10. 3.7.3 2025 Immersion Cooling for EV Battery Tier 1, Tier 2, and Tier 3 Companies
  11. 3.8 Mergers and Acquisitions Expansion
4 Immersion Cooling for EV Battery Market by Type
  1. 4.1 Immersion Cooling for EV Battery Type Introduction
  2. 4.1.1 Single-Phase Immersion Cooling
  3. 4.1.2 Two-Phase Immersion Cooling
  4. 4.2 Global Immersion Cooling for EV Battery Sales Value by Type
  5. 4.2.1 Global Immersion Cooling for EV Battery Sales Value by Type (2021 VS 2025 VS 2032)
  6. 4.2.2 Global Immersion Cooling for EV Battery Sales Value by Type (2021-2032)
  7. 4.2.3 Global Immersion Cooling for EV Battery Sales Value Share by Type (2021-2032)
5 Immersion Cooling for EV Battery Market by Application
  1. 5.1 Immersion Cooling for EV Battery Application Introduction
  2. 5.1.1 Commercial Vehicle
  3. 5.1.2 Passenger Vehicle
  4. 5.2 Global Immersion Cooling for EV Battery Sales Value by Application
  5. 5.2.1 Global Immersion Cooling for EV Battery Sales Value by Application (2021 VS 2025 VS 2032)
  6. 5.2.2 Global Immersion Cooling for EV Battery Sales Value by Application (2021-2032)
  7. 5.2.3 Global Immersion Cooling for EV Battery Sales Value Share by Application (2021-2032)
6 Immersion Cooling for EV Battery Regional Value Analysis
  1. 6.1 Global Immersion Cooling for EV Battery Sales Value by Region: 2021 VS 2025 VS 2032
  2. 6.2 Global Immersion Cooling for EV Battery Sales Value by Region (2021-2032)
  3. 6.2.1 Global Immersion Cooling for EV Battery Sales Value by Region: 2021-2026
  4. 6.2.2 Global Immersion Cooling for EV Battery Sales Value by Region (2027-2032)
  5. 6.3 North America
  6. 6.3.1 North America Immersion Cooling for EV Battery Sales Value (2021-2032)
  7. 6.3.2 North America Immersion Cooling for EV Battery Sales Value Share by Country, 2025 VS 2032
  8. 6.4 Europe
  9. 6.4.1 Europe Immersion Cooling for EV Battery Sales Value (2021-2032)
  10. 6.4.2 Europe Immersion Cooling for EV Battery Sales Value Share by Country, 2025 VS 2032
  11. 6.5 Asia-Pacific
  12. 6.5.1 Asia-Pacific Immersion Cooling for EV Battery Sales Value (2021-2032)
  13. 6.5.2 Asia-Pacific Immersion Cooling for EV Battery Sales Value Share by Country, 2025 VS 2032
  14. 6.6 South America
  15. 6.6.1 South America Immersion Cooling for EV Battery Sales Value (2021-2032)
  16. 6.6.2 South America Immersion Cooling for EV Battery Sales Value Share by Country, 2025 VS 2032
  17. 6.7 Middle East & Africa
  18. 6.7.1 Middle East & Africa Immersion Cooling for EV Battery Sales Value (2021-2032)
  19. 6.7.2 Middle East & Africa Immersion Cooling for EV Battery Sales Value Share by Country, 2025 VS 2032
7 Immersion Cooling for EV Battery Country-level Value Analysis
  1. 7.1 Global Immersion Cooling for EV Battery Sales Value by Country: 2021 VS 2025 VS 2032
  2. 7.2 Global Immersion Cooling for EV Battery Sales Value by Country (2021-2032)
  3. 7.2.1 Global Immersion Cooling for EV Battery Sales Value by Country (2021-2026)
  4. 7.2.2 Global Immersion Cooling for EV Battery Sales Value by Country (2027-2032)
  5. 7.3 USA
  6. 7.3.1 USA Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  7. 7.3.2 USA Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  8. 7.3.3 USA Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  9. 7.4 Canada
  10. 7.4.1 Canada Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  11. 7.4.2 Canada Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  12. 7.4.3 Canada Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  13. 7.5 Mexico
  14. 7.5.1 Mexico Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  15. 7.5.2 Mexico Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  16. 7.5.3 Mexico Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  17. 7.6 Germany
  18. 7.6.1 Germany Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  19. 7.6.2 Germany Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  20. 7.6.3 Germany Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  21. 7.7 France
  22. 7.7.1 France Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  23. 7.7.2 France Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  24. 7.7.3 France Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  25. 7.8 U.K.
  26. 7.8.1 U.K. Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  27. 7.8.2 U.K. Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  28. 7.8.3 U.K. Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  29. 7.9 Italy
  30. 7.9.1 Italy Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  31. 7.9.2 Italy Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  32. 7.9.3 Italy Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  33. 7.10 Spain
  34. 7.10.1 Spain Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  35. 7.10.2 Spain Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  36. 7.10.3 Spain Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  37. 7.11 Russia
  38. 7.11.1 Russia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  39. 7.11.2 Russia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  40. 7.11.3 Russia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  41. 7.12 Netherlands
  42. 7.12.1 Netherlands Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  43. 7.12.2 Netherlands Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  44. 7.12.3 Netherlands Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  45. 7.13 Nordic Countries
  46. 7.13.1 Nordic Countries Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  47. 7.13.2 Nordic Countries Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  48. 7.13.3 Nordic Countries Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  49. 7.14 China
  50. 7.14.1 China Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  51. 7.14.2 China Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  52. 7.14.3 China Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  53. 7.15 Japan
  54. 7.15.1 Japan Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  55. 7.15.2 Japan Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  56. 7.15.3 Japan Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  57. 7.16 South Korea
  58. 7.16.1 South Korea Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  59. 7.16.2 South Korea Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  60. 7.16.3 South Korea Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  61. 7.17 India
  62. 7.17.1 India Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  63. 7.17.2 India Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  64. 7.17.3 India Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  65. 7.18 Australia
  66. 7.18.1 Australia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  67. 7.18.2 Australia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  68. 7.18.3 Australia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  69. 7.19 Southeast Asia
  70. 7.19.1 Southeast Asia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  71. 7.19.2 Southeast Asia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  72. 7.19.3 Southeast Asia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  73. 7.20 Brazil
  74. 7.20.1 Brazil Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  75. 7.20.2 Brazil Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  76. 7.20.3 Brazil Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  77. 7.21 Argentina
  78. 7.21.1 Argentina Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  79. 7.21.2 Argentina Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  80. 7.21.3 Argentina Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  81. 7.22 Chile
  82. 7.22.1 Chile Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  83. 7.22.2 Chile Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  84. 7.22.3 Chile Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  85. 7.23 Colombia
  86. 7.23.1 Colombia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  87. 7.23.2 Colombia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  88. 7.23.3 Colombia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  89. 7.24 Peru
  90. 7.24.1 Peru Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  91. 7.24.2 Peru Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  92. 7.24.3 Peru Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  93. 7.25 Saudi Arabia
  94. 7.25.1 Saudi Arabia Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  95. 7.25.2 Saudi Arabia Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  96. 7.25.3 Saudi Arabia Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  97. 7.26 Israel
  98. 7.26.1 Israel Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  99. 7.26.2 Israel Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  100. 7.26.3 Israel Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  101. 7.27 UAE
  102. 7.27.1 UAE Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  103. 7.27.2 UAE Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  104. 7.27.3 UAE Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  105. 7.28 Turkey
  106. 7.28.1 Turkey Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  107. 7.28.2 Turkey Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  108. 7.28.3 Turkey Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  109. 7.29 Iran
  110. 7.29.1 Iran Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  111. 7.29.2 Iran Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  112. 7.29.3 Iran Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
  113. 7.30 Egypt
  114. 7.30.1 Egypt Immersion Cooling for EV Battery Sales Value Growth Rate (2021-2032)
  115. 7.30.2 Egypt Immersion Cooling for EV Battery Sales Value Share by Type, 2025 VS 2032
  116. 7.30.3 Egypt Immersion Cooling for EV Battery Sales Value Share by Application, 2025 VS 2032
8 Company Profiles
  1. 8.1 XING Mobility Inc
  2. 8.1.1 XING Mobility Inc Company Information
  3. 8.1.2 XING Mobility Inc Business Overview
  4. 8.1.3 XING Mobility Inc Immersion Cooling for EV Battery Revenue and Gross Margin (2021-2026)
  5. 8.1.4 XING Mobility Inc Immersion Cooling for EV Battery Product Portfolio
  6. 8.1.5 XING Mobility Inc Recent Developments
  7. 8.2 Valeo
  8. 8.2.1 Valeo Company Information
  9. 8.2.2 Valeo Business Overview
  10. 8.2.3 Valeo Immersion Cooling for EV Battery Revenue and Gross Margin (2021-2026)
  11. 8.2.4 Valeo Immersion Cooling for EV Battery Product Portfolio
  12. 8.2.5 Valeo Recent Developments
  13. 8.3 The Lubrizol Corp
  14. 8.3.1 The Lubrizol Corp Company Information
  15. 8.3.2 The Lubrizol Corp Business Overview
  16. 8.3.3 The Lubrizol Corp Immersion Cooling for EV Battery Revenue and Gross Margin (2021-2026)
  17. 8.3.4 The Lubrizol Corp Immersion Cooling for EV Battery Product Portfolio
  18. 8.3.5 The Lubrizol Corp Recent Developments
  19. 8.4 SAE International
  20. 8.4.1 SAE International Company Information
  21. 8.4.2 SAE International Business Overview
  22. 8.4.3 SAE International Immersion Cooling for EV Battery Revenue and Gross Margin (2021-2026)
  23. 8.4.4 SAE International Immersion Cooling for EV Battery Product Portfolio
  24. 8.4.5 SAE International Recent Developments
  25. 8.5 Rimac Technology Ltd
  26. 8.5.1 Rimac Technology Ltd Company Information
  27. 8.5.2 Rimac Technology Ltd Business Overview
  28. 8.5.3 Rimac Technology Ltd Immersion Cooling for EV Battery Revenue and Gross Margin (2021-2026)
  29. 8.5.4 Rimac Technology Ltd Immersion Cooling for EV Battery Product Portfolio
  30. 8.5.5 Rimac Technology Ltd Recent Developments
  31. 8.6 Ricardo Pic
  32. 8.6.1 Ricardo Pic Company Information
  33. 8.6.2 Ricardo Pic Business Overview
  34. 8.6.3 Ricardo Pic Immersion Cooling for EV Battery Revenue and Gross Margin (2021-2026)
  35. 8.6.4 Ricardo Pic Immersion Cooling for EV Battery Product Portfolio
  36. 8.6.5 Ricardo Pic Recent Developments
  37. 8.7 Mahle GmbH
  38. 8.7.1 Mahle GmbH Company Information
  39. 8.7.2 Mahle GmbH Business Overview
  40. 8.7.3 Mahle GmbH Immersion Cooling for EV Battery Revenue and Gross Margin (2021-2026)
  41. 8.7.4 Mahle GmbH Immersion Cooling for EV Battery Product Portfolio
  42. 8.7.5 Mahle GmbH Recent Developments
  43. 8.8 M&l Materials Ltd
  44. 8.8.1 M&l Materials Ltd Company Information
  45. 8.8.2 M&l Materials Ltd Business Overview
  46. 8.8.3 M&l Materials Ltd Immersion Cooling for EV Battery Revenue and Gross Margin (2021-2026)
  47. 8.8.4 M&l Materials Ltd Immersion Cooling for EV Battery Product Portfolio
  48. 8.8.5 M&l Materials Ltd Recent Developments
  49. 8.9 EXOES SAS
  50. 8.9.1 EXOES SAS Company Information
  51. 8.9.2 EXOES SAS Business Overview
  52. 8.9.3 EXOES SAS Immersion Cooling for EV Battery Revenue and Gross Margin (2021-2026)
  53. 8.9.4 EXOES SAS Immersion Cooling for EV Battery Product Portfolio
  54. 8.9.5 EXOES SAS Recent Developments
9 Concluding Insights
    10 Appendix
    1. 10.1 Reasons for Doing This Study
    2. 10.2 Research Methodology
    3. 10.3 Research Process
    4. 10.4 Authors List of This Report
    5. 10.5 Data Source
    6. 10.5.1 Secondary Sources
    7. 10.5.2 Primary Sources

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