APO RESEARCH · REPORT
Battery Thermal Management System (BTMS)
A battery thermal management system regulates battery temperature through heating, cooling and controls integrated with the cells, pack and vehicle operating requirements.

Selected research
Market Structure
Global Battery Thermal Management System (BTMS) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
The global Battery Thermal Management System (BTMS) market is projected to grow from US$ million in 2026 to US$ million by 2032, implying a CAGR of % over 2026-2032.
The US & Canada market for Battery Thermal Management System (BTMS) 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 Battery Thermal Management System (BTMS) 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 Battery Thermal Management System (BTMS) is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The China market for Battery Thermal Management System (BTMS) is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Battery Thermal Management System (BTMS) include Modine, Grayson Thermal Systems, VOSS Automotive, DANA, Continental, Robert Bosch, Mahle and LG, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
On the production side, the report examines Battery Thermal Management System (BTMS) output, growth rates, and market shares by manufacturer and by region (at regional and country level) for 2021-2026, with forecasts through 2032.
On the consumption side, the report analyzes sales of Battery Thermal Management System (BTMS) by region (regional and country level), company, type, and application for 2021-2026 and provides forecasts through 2032.
The report provides an overview of the global Battery Thermal Management System (BTMS) market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Battery Thermal Management System (BTMS) and consumption patterns in 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 Battery Thermal Management System (BTMS) sales, revenue, market share, and industry ranking for the main manufacturers 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.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Battery Thermal Management System (BTMS) market size, projected growth trends, production technologies, key applications, and end-use industries.
Battery Thermal Management System (BTMS) Segment by Company
Modine
Grayson Thermal Systems
VOSS Automotive
DANA
Continental
Robert Bosch
Mahle
LG
Battery Thermal Management System (BTMS) Segment by Type
Active Cooling
Passive Cooling
Battery Thermal Management System (BTMS) Segment by Application
Commercial Vehicle
Passager Vehicle
Battery Thermal Management System (BTMS) 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 status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze 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 Battery Thermal Management System (BTMS) 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 Battery Thermal Management System (BTMS) 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 volume 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 Battery Thermal Management System (BTMS).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Battery Thermal Management System (BTMS) market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Battery Thermal Management System (BTMS) industry.
Chapter 3: Detailed analysis of Battery Thermal Management System (BTMS) market competition landscape. Including Battery Thermal Management System (BTMS) manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, 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: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Battery Thermal Management System (BTMS) by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Battery Thermal Management System (BTMS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Active Cooling
- Passive Cooling
Applications
- Commercial Vehicle
- Passager Vehicle
Companies covered
- Modine
- Grayson Thermal Systems
- VOSS Automotive
- DANA
- Continental
- Robert Bosch
- Mahle
- LG
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Battery Thermal Management System (BTMS) Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Battery Thermal Management System (BTMS) Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Battery Thermal Management System (BTMS) Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Battery Thermal Management System (BTMS) Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Battery Thermal Management System (BTMS) Market Dynamics
- 2.1 Battery Thermal Management System (BTMS) Industry Trends
- 2.2 Battery Thermal Management System (BTMS) Industry Drivers
- 2.3 Battery Thermal Management System (BTMS) Industry Opportunities and Challenges
- 2.4 Battery Thermal Management System (BTMS) Industry Restraints
3 Battery Thermal Management System (BTMS) Market by Manufacturers
- 3.1 Global Battery Thermal Management System (BTMS) Production Value by Manufacturers (2021-2026)
- 3.2 Global Battery Thermal Management System (BTMS) Production by Manufacturers (2021-2026)
- 3.3 Global Battery Thermal Management System (BTMS) Average Price by Manufacturers (2021-2026)
- 3.4 Global Battery Thermal Management System (BTMS) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Battery Thermal Management System (BTMS) Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Battery Thermal Management System (BTMS) Manufacturers, Product Type & Application
- 3.7 Global Battery Thermal Management System (BTMS) Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Battery Thermal Management System (BTMS) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Battery Thermal Management System (BTMS) Players Market Share by Production Value in 2025
- 3.8.3 2025 Battery Thermal Management System (BTMS) Tier 1, Tier 2, and Tier 3
4 Battery Thermal Management System (BTMS) Market by Type
- 4.1 Battery Thermal Management System (BTMS) Type Introduction
- 4.1.1 Active Cooling
- 4.1.2 Passive Cooling
- 4.2 Global Battery Thermal Management System (BTMS) Production by Type
- 4.2.1 Global Battery Thermal Management System (BTMS) Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Battery Thermal Management System (BTMS) Production by Type (2021-2032)
- 4.2.3 Global Battery Thermal Management System (BTMS) Production Market Share by Type (2021-2032)
- 4.3 Global Battery Thermal Management System (BTMS) Production Value by Type
- 4.3.1 Global Battery Thermal Management System (BTMS) Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Battery Thermal Management System (BTMS) Production Value by Type (2021-2032)
- 4.3.3 Global Battery Thermal Management System (BTMS) Production Value Market Share by Type (2021-2032)
5 Battery Thermal Management System (BTMS) Market by Application
- 5.1 Battery Thermal Management System (BTMS) Application Introduction
- 5.1.1 Commercial Vehicle
- 5.1.2 Passager Vehicle
- 5.2 Global Battery Thermal Management System (BTMS) Production by Application
- 5.2.1 Global Battery Thermal Management System (BTMS) Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Battery Thermal Management System (BTMS) Production by Application (2021-2032)
- 5.2.3 Global Battery Thermal Management System (BTMS) Production Market Share by Application (2021-2032)
- 5.3 Global Battery Thermal Management System (BTMS) Production Value by Application
- 5.3.1 Global Battery Thermal Management System (BTMS) Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Battery Thermal Management System (BTMS) Production Value by Application (2021-2032)
- 5.3.3 Global Battery Thermal Management System (BTMS) Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 Modine
- 6.1.1 Modine Company Information
- 6.1.2 Modine Business Overview
- 6.1.3 Modine Battery Thermal Management System (BTMS) Production, Value and Gross Margin (2021-2026)
- 6.1.4 Modine Battery Thermal Management System (BTMS) Product Portfolio
- 6.1.5 Modine Recent Developments
- 6.2 Grayson Thermal Systems
- 6.2.1 Grayson Thermal Systems Company Information
- 6.2.2 Grayson Thermal Systems Business Overview
- 6.2.3 Grayson Thermal Systems Battery Thermal Management System (BTMS) Production, Value and Gross Margin (2021-2026)
- 6.2.4 Grayson Thermal Systems Battery Thermal Management System (BTMS) Product Portfolio
- 6.2.5 Grayson Thermal Systems Recent Developments
- 6.3 VOSS Automotive
- 6.3.1 VOSS Automotive Company Information
- 6.3.2 VOSS Automotive Business Overview
- 6.3.3 VOSS Automotive Battery Thermal Management System (BTMS) Production, Value and Gross Margin (2021-2026)
- 6.3.4 VOSS Automotive Battery Thermal Management System (BTMS) Product Portfolio
- 6.3.5 VOSS Automotive Recent Developments
- 6.4 DANA
- 6.4.1 DANA Company Information
- 6.4.2 DANA Business Overview
- 6.4.3 DANA Battery Thermal Management System (BTMS) Production, Value and Gross Margin (2021-2026)
- 6.4.4 DANA Battery Thermal Management System (BTMS) Product Portfolio
- 6.4.5 DANA Recent Developments
- 6.5 Continental
- 6.5.1 Continental Company Information
- 6.5.2 Continental Business Overview
- 6.5.3 Continental Battery Thermal Management System (BTMS) Production, Value and Gross Margin (2021-2026)
- 6.5.4 Continental Battery Thermal Management System (BTMS) Product Portfolio
- 6.5.5 Continental Recent Developments
- 6.6 Robert Bosch
- 6.6.1 Robert Bosch Company Information
- 6.6.2 Robert Bosch Business Overview
- 6.6.3 Robert Bosch Battery Thermal Management System (BTMS) Production, Value and Gross Margin (2021-2026)
- 6.6.4 Robert Bosch Battery Thermal Management System (BTMS) Product Portfolio
- 6.6.5 Robert Bosch Recent Developments
- 6.7 Mahle
- 6.7.1 Mahle Company Information
- 6.7.2 Mahle Business Overview
- 6.7.3 Mahle Battery Thermal Management System (BTMS) Production, Value and Gross Margin (2021-2026)
- 6.7.4 Mahle Battery Thermal Management System (BTMS) Product Portfolio
- 6.7.5 Mahle Recent Developments
- 6.8 LG
- 6.8.1 LG Company Information
- 6.8.2 LG Business Overview
- 6.8.3 LG Battery Thermal Management System (BTMS) Production, Value and Gross Margin (2021-2026)
- 6.8.4 LG Battery Thermal Management System (BTMS) Product Portfolio
- 6.8.5 LG Recent Developments
7 Global Battery Thermal Management System (BTMS) Production by Region
- 7.1 Global Battery Thermal Management System (BTMS) Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Battery Thermal Management System (BTMS) Production by Region (2021-2032)
- 7.2.1 Global Battery Thermal Management System (BTMS) Production by Region (2021-2026)
- 7.2.2 Global Battery Thermal Management System (BTMS) Production Forecast by Region (2027-2032)
- 7.3 Global Battery Thermal Management System (BTMS) Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Battery Thermal Management System (BTMS) Production Value by Region (2021-2032)
- 7.4.1 Global Battery Thermal Management System (BTMS) Production Value by Region (2021-2026)
- 7.4.2 Global Battery Thermal Management System (BTMS) Production Value by Region (2027-2032)
- 7.5 Global Battery Thermal Management System (BTMS) Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Battery Thermal Management System (BTMS) Production Value (2021-2032)
- 7.6.2 Europe Battery Thermal Management System (BTMS) Production Value (2021-2032)
- 7.6.3 Asia-Pacific Battery Thermal Management System (BTMS) Production Value (2021-2032)
- 7.6.4 South America Battery Thermal Management System (BTMS) Production Value (2021-2032)
- 7.6.5 Middle East & Africa Battery Thermal Management System (BTMS) Production Value (2021-2032)
8 Global Battery Thermal Management System (BTMS) Consumption by Region
- 8.1 Global Battery Thermal Management System (BTMS) Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Battery Thermal Management System (BTMS) Consumption by Region (2021-2032)
- 8.2.1 Global Battery Thermal Management System (BTMS) Consumption by Region (2021-2026)
- 8.2.2 Global Battery Thermal Management System (BTMS) Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Battery Thermal Management System (BTMS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Battery Thermal Management System (BTMS) Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Battery Thermal Management System (BTMS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Battery Thermal Management System (BTMS) Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Battery Thermal Management System (BTMS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Battery Thermal Management System (BTMS) Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Battery Thermal Management System (BTMS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Battery Thermal Management System (BTMS) Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Battery Thermal Management System (BTMS) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Battery Thermal Management System (BTMS) Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Battery Thermal Management System (BTMS) Value Chain Analysis
- 9.1.1 Battery Thermal Management System (BTMS) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Battery Thermal Management System (BTMS) Production Mode & Process
- 9.2 Battery Thermal Management System (BTMS) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Battery Thermal Management System (BTMS) Distributors
- 9.2.3 Battery Thermal Management System (BTMS) Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst