APO Research

APO RESEARCH · REPORT

Thermal Management in Electric and Hybrid Vehicles

Selected research

Industry Growth & Trends

Global Thermal Management in Electric and Hybrid Vehicles Industry Growth and Trends Forecast to 2032

Market perspective

The global Thermal Management in Electric and Hybrid Vehicles market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for Thermal Management in Electric and Hybrid Vehicles is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for Thermal Management in Electric and Hybrid Vehicles is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Thermal Management in Electric and Hybrid Vehicles 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 Thermal Management in Electric and Hybrid Vehicles include DENSO, Sanhua Holding Group, Valeo, Sanden Holdings Corporation, Yinlun, HASCO, Mahle and Hanon Systems, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global Thermal Management in Electric and Hybrid Vehicles market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Thermal Management in Electric and Hybrid Vehicles market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Thermal Management in Electric and Hybrid Vehicles market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Thermal Management in Electric and Hybrid Vehicles.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Thermal Management in Electric and Hybrid Vehicles market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Thermal Management in Electric and Hybrid Vehicles Market by Company

DENSO

Sanhua Holding Group

Valeo

Sanden Holdings Corporation

Yinlun

HASCO

Mahle

Hanon Systems

Thermal Management in Electric and Hybrid Vehicles Segment by Type

Air Conditioning System

Power System

Thermal Management in Electric and Hybrid Vehicles Segment by Application

Pure Electric Vehicle

Hybrid Vehicles

Thermal Management in Electric and Hybrid Vehicles 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

Colombia

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 Thermal Management in Electric and Hybrid Vehicles 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 Thermal Management in Electric and Hybrid Vehicles 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 Thermal Management in Electric and Hybrid Vehicles.

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 study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Thermal Management in Electric and Hybrid Vehicles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Thermal Management in Electric and Hybrid Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Air Conditioning System Table 2. Major Company of Power System Table 3. Global Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Global Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (k units) Table 5. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Type (2021-2026) Table 6. Global Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (US$ Million) Table 7. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Type (2021-2026) Table 8. Global Thermal Management in Electric and Hybrid Vehicles Price by Type (2021-2026) & (USD/unit) Table 9. Global Thermal Management in Electric and Hybrid Vehicles Sales by Type (2027-2032) & (k units) Table 10. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Type (2027-2032) Table 11. Global Thermal Management in Electric and Hybrid Vehicles Sales by Type (2027-2032) & (US$ Million) Table 12. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Type (2027-2032) Table 13. Global Thermal Management in Electric and Hybrid Vehicles Price by Type (2027-2032) & (USD/unit) Table 14. North America Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (k units) Table 15. North America Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (US$ Million) Table 16. Europe Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (k units) Table 17. Europe Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (US$ Million) Table 18. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (k units) Table 19. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (US$ Million) Table 20. Latin America Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (k units) Table 21. Latin America Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (US$ Million) Table 22. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (k units) Table 23. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales by Type (2021-2026) & (US$ Million) Table 24. Thermal Management in Electric and Hybrid Vehicles Industry Trends Table 25. Thermal Management in Electric and Hybrid Vehicles Industry Drivers Table 26. Thermal Management in Electric and Hybrid Vehicles Industry Opportunities and Challenges Table 27. Thermal Management in Electric and Hybrid Vehicles Industry Restraints Table 28. Global Thermal Management in Electric and Hybrid Vehicles Sales Revenue by Company (US$ Million) & (2021-2026) Table 29. Global Thermal Management in Electric and Hybrid Vehicles Revenue Market Share by Company (2021-2026) Table 30. Global Thermal Management in Electric and Hybrid Vehicles Sales by Company (2021-2026) & (k units) Table 31. Global Thermal Management in Electric and Hybrid Vehicles Sales Share by Company (2021-2026) Table 32. Global Thermal Management in Electric and Hybrid Vehicles Market Price by Company (2021-2026) & (USD/unit) Table 33. Global Thermal Management in Electric and Hybrid Vehicles Industry Company Ranking, 2024 VS 2025 VS 2026 Table 34. Global Thermal Management in Electric and Hybrid Vehicles Major Company Production Sites and Headquarters Table 35. Global Thermal Management in Electric and Hybrid Vehicles Company, Product Type & Application Table 36. Global Thermal Management in Electric and Hybrid Vehicles Company Establishment Date Table 37. Global Company Market Concentration Ratio (CR5 and HHI) Table 38. Global Thermal Management in Electric and Hybrid Vehicles by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 39. Global Thermal Management in Electric and Hybrid Vehicles Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 40. Global Thermal Management in Electric and Hybrid Vehicles Sales by Region (2021-2026) & (k units) Table 41. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Region (2021-2026) Table 42. Global Thermal Management in Electric and Hybrid Vehicles Sales by Region (2021-2026) & (US$ Million) Table 43. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Region (2021-2026) Table 44. Global Thermal Management in Electric and Hybrid Vehicles Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 45. Global Thermal Management in Electric and Hybrid Vehicles Sales by Region (2027-2032) & (k units) Table 46. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Region (2027-2032) Table 47. Global Thermal Management in Electric and Hybrid Vehicles Sales by Region (2027-2032) & (US$ Million) Table 48. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Region (2027-2032) Table 49. Global Thermal Management in Electric and Hybrid Vehicles Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2027-2032) Table 50. Global Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 51. Global Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (k units) Table 52. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Application (2021-2026) Table 53. Global Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (US$ Million) Table 54. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Application (2021-2026) Table 55. Global Thermal Management in Electric and Hybrid Vehicles Price by Application (2021-2026) & (USD/unit) Table 56. Global Thermal Management in Electric and Hybrid Vehicles Sales by Application (2027-2032) & (k units) Table 57. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Application (2027-2032) Table 58. Global Thermal Management in Electric and Hybrid Vehicles Sales by Application (2027-2032) & (US$ Million) Table 59. Global Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Application (2027-2032) Table 60. Global Thermal Management in Electric and Hybrid Vehicles Price by Application (2027-2032) & (USD/unit) Table 61. North America Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (k units) Table 62. North America Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (US$ Million) Table 63. Europe Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (k units) Table 64. Europe Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (US$ Million) Table 65. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (k units) Table 66. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (US$ Million) Table 67. Latin America Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (k units) Table 68. Latin America Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (US$ Million) Table 69. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (k units) Table 70. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales by Application (2021-2026) & (US$ Million) Table 71. DENSO Company Information Table 72. DENSO Business Overview Table 73. DENSO Thermal Management in Electric and Hybrid Vehicles Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 74. DENSO Thermal Management in Electric and Hybrid Vehicles Product Portfolio Table 75. DENSO Recent Development Table 76. Sanhua Holding Group Company Information Table 77. Sanhua Holding Group Business Overview Table 78. Sanhua Holding Group Thermal Management in Electric and Hybrid Vehicles Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 79. Sanhua Holding Group Thermal Management in Electric and Hybrid Vehicles Product Portfolio Table 80. Sanhua Holding Group Recent Development Table 81. Valeo Company Information Table 82. Valeo Business Overview Table 83. Valeo Thermal Management in Electric and Hybrid Vehicles Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 84. Valeo Thermal Management in Electric and Hybrid Vehicles Product Portfolio Table 85. Valeo Recent Development Table 86. Sanden Holdings Corporation Company Information Table 87. Sanden Holdings Corporation Business Overview Table 88. Sanden Holdings Corporation Thermal Management in Electric and Hybrid Vehicles Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 89. Sanden Holdings Corporation Thermal Management in Electric and Hybrid Vehicles Product Portfolio Table 90. Sanden Holdings Corporation Recent Development Table 91. Yinlun Company Information Table 92. Yinlun Business Overview Table 93. Yinlun Thermal Management in Electric and Hybrid Vehicles Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 94. Yinlun Thermal Management in Electric and Hybrid Vehicles Product Portfolio Table 95. Yinlun Recent Development Table 96. HASCO Company Information Table 97. HASCO Business Overview Table 98. HASCO Thermal Management in Electric and Hybrid Vehicles Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 99. HASCO Thermal Management in Electric and Hybrid Vehicles Product Portfolio Table 100. HASCO Recent Development Table 101. Mahle Company Information Table 102. Mahle Business Overview Table 103. Mahle Thermal Management in Electric and Hybrid Vehicles Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 104. Mahle Thermal Management in Electric and Hybrid Vehicles Product Portfolio Table 105. Mahle Recent Development Table 106. Hanon Systems Company Information Table 107. Hanon Systems Business Overview Table 108. Hanon Systems Thermal Management in Electric and Hybrid Vehicles Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 109. Hanon Systems Thermal Management in Electric and Hybrid Vehicles Product Portfolio Table 110. Hanon Systems Recent Development Table 111. North America Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 112. North America Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026) & (k units) Table 113. North America Thermal Management in Electric and Hybrid Vehicles Sales Market Share by Country (2021-2026) Table 114. North America Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032) & (k units) Table 115. North America Thermal Management in Electric and Hybrid Vehicles Sales Market Share Forecast by Country (2027-2032) Table 116. North America Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 117. North America Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026) & (US$ Million) Table 118. North America Thermal Management in Electric and Hybrid Vehicles Market Share by Country (2021-2026) Table 119. North America Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032) & (US$ Million) Table 120. North America Thermal Management in Electric and Hybrid Vehicles Market Share Forecast by Country (2027-2032) Table 121. Europe Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 122. Europe Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026) & (k units) Table 123. Europe Thermal Management in Electric and Hybrid Vehicles Sales Market Share by Country (2021-2026) Table 124. Europe Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032) & (k units) Table 125. Europe Thermal Management in Electric and Hybrid Vehicles Sales Market Share Forecast by Country (2027-2032) Table 126. Europe Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 127. Europe Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026) & (US$ Million) Table 128. Europe Thermal Management in Electric and Hybrid Vehicles Market Share by Country (2021-2026) Table 129. Europe Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032) & (US$ Million) Table 130. Europe Thermal Management in Electric and Hybrid Vehicles Market Share Forecast by Country (2027-2032) Table 131. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 132. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026) & (k units) Table 133. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Market Share by Country (2021-2026) Table 134. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032) & (k units) Table 135. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Market Share Forecast by Country (2027-2032) Table 136. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 137. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026) & (US$ Million) Table 138. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Share by Country (2021-2026) Table 139. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032) & (US$ Million) Table 140. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Share Forecast by Country (2027-2032) Table 141. Latin America Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 142. Latin America Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026) & (k units) Table 143. Latin America Thermal Management in Electric and Hybrid Vehicles Sales Market Share by Country (2021-2026) Table 144. Latin America Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032) & (k units) Table 145. Latin America Thermal Management in Electric and Hybrid Vehicles Sales Market Share Forecast by Country (2027-2032) Table 146. Latin America Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 147. Latin America Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026) & (US$ Million) Table 148. Latin America Thermal Management in Electric and Hybrid Vehicles Market Share by Country (2021-2026) Table 149. Latin America Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032) & (US$ Million) Table 150. Latin America Thermal Management in Electric and Hybrid Vehicles Market Share Forecast by Country (2027-2032) Table 151. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 152. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026) & (k units) Table 153. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Market Share by Country (2021-2026) Table 154. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032) & (k units) Table 155. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Market Share Forecast by Country (2027-2032) Table 156. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 157. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026) & (US$ Million) Table 158. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Share by Country (2021-2026) Table 159. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032) & (US$ Million) Table 160. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Share Forecast by Country (2027-2032) Table 161. Key Raw Materials Table 162. Raw Materials Key Suppliers Table 163. Thermal Management in Electric and Hybrid Vehicles Distributors List Table 164. Thermal Management in Electric and Hybrid Vehicles Customers List Table 165. Research Programs/Design for This Report Table 166. Authors List of This Report Table 167. Secondary Sources Table 168. Primary Sources List of Figures Figure 1. Thermal Management in Electric and Hybrid Vehicles Image Figure 2. Global Thermal Management in Electric and Hybrid Vehicles Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Thermal Management in Electric and Hybrid Vehicles Market Size (2021-2032) & (US$ Million) Figure 4. Global Thermal Management in Electric and Hybrid Vehicles Sales (2021-2032) & (k units) Figure 5. Air Conditioning System Image Figure 6. Global Air Conditioning System Sales YoY Growth (2021-2032) & (k units) Figure 7. Power System Image Figure 8. Global Power System Sales YoY Growth (2021-2032) & (k units) Figure 9. Global Thermal Management in Electric and Hybrid Vehicles Market Size Overview by Type (2021-2032) & (US$ Million) Figure 10. Global Thermal Management in Electric and Hybrid Vehicles Market Share by Type 2025 VS 2032 Figure 11. North America Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Type in 2025 Figure 12. North America Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Type in 2025 Figure 13. Europe Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Type in 2025 Figure 14. Europe Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Type in 2025 Figure 15. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Type in 2025 Figure 16. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Type in 2025 Figure 17. Latin America Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Type in 2025 Figure 18. Latin America Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Type in 2025 Figure 19. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Type in 2025 Figure 20. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Type in 2025 Figure 21. Global Top 5 and 10 Thermal Management in Electric and Hybrid Vehicles Players Market Share by Revenue in 2025 Figure 22. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 23. Pure Electric Vehicle Image Figure 24. Global Pure Electric Vehicle Sales YoY Growth (2021-2032) & (k units) Figure 25. Hybrid Vehicles Image Figure 26. Global Hybrid Vehicles Sales YoY Growth (2021-2032) & (k units) Figure 27. Global Thermal Management in Electric and Hybrid Vehicles Market Size Overview by Application (2021-2032) & (US$ Million) Figure 28. Global Thermal Management in Electric and Hybrid Vehicles Market Share by Application 2025 VS 2032 Figure 29. North America Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Application in 2025 Figure 30. North America Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Application in 2025 Figure 31. Europe Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Application in 2025 Figure 32. Europe Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Application in 2025 Figure 33. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Application in 2025 Figure 34. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Application in 2025 Figure 35. Latin America Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Application in 2025 Figure 36. Latin America Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Application in 2025 Figure 37. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Volume by Application in 2025 Figure 38. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Market Share in Value by Application in 2025 Figure 39. North America Thermal Management in Electric and Hybrid Vehicles Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 40. North America Thermal Management in Electric and Hybrid Vehicles Sales Share by Country: 2021 VS 2025 VS 2032 Figure 41. North America Thermal Management in Electric and Hybrid Vehicles Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 42. North America Thermal Management in Electric and Hybrid Vehicles Market Share by Country: 2021 VS 2025 VS 2032 Figure 43. Europe Thermal Management in Electric and Hybrid Vehicles Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 44. Europe Thermal Management in Electric and Hybrid Vehicles Sales Share by Country: 2021 VS 2025 VS 2032 Figure 45. Europe Thermal Management in Electric and Hybrid Vehicles Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. Europe Thermal Management in Electric and Hybrid Vehicles Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 48. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Latin America Thermal Management in Electric and Hybrid Vehicles Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 52. Latin America Thermal Management in Electric and Hybrid Vehicles Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Latin America Thermal Management in Electric and Hybrid Vehicles Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Latin America Thermal Management in Electric and Hybrid Vehicles Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 56. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. Thermal Management in Electric and Hybrid Vehicles Value Chain Figure 60. Key Raw Materials Price Figure 61. Manufacturing Cost Structure Figure 62. Thermal Management in Electric and Hybrid Vehicles Production Mode & Process Figure 63. Direct Comparison with Distribution Share Figure 64. Distributors Profiles Figure 65. Years Considered Figure 66. Research Process Figure 67. Key Executives Interviewed

Scope & coverage.

Types
  • Air Conditioning System
  • Power System
Applications
  • Pure Electric Vehicle
  • Hybrid Vehicles
Companies covered
  • DENSO
  • Sanhua Holding Group
  • Valeo
  • Sanden Holdings Corporation
  • Yinlun
  • HASCO
  • Mahle
  • Hanon Systems

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Thermal Management in Electric and Hybrid Vehicles Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Thermal Management in Electric and Hybrid Vehicles Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Thermal Management in Electric and Hybrid Vehicles Market by Type
  6. 1.3.1 Air Conditioning System
  7. 1.3.2 Power System
  8. 1.4 Global Thermal Management in Electric and Hybrid Vehicles Market Size by Type
  9. 1.4.1 Global Thermal Management in Electric and Hybrid Vehicles Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global Thermal Management in Electric and Hybrid Vehicles Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global Thermal Management in Electric and Hybrid Vehicles Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Thermal Management in Electric and Hybrid Vehicles Industry Trends
  2. 2.2 Thermal Management in Electric and Hybrid Vehicles Industry Drivers
  3. 2.3 Thermal Management in Electric and Hybrid Vehicles Industry Opportunities and Challenges
  4. 2.4 Thermal Management in Electric and Hybrid Vehicles Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Thermal Management in Electric and Hybrid Vehicles Revenue (2021-2026)
  2. 3.2 Global Top Players by Thermal Management in Electric and Hybrid Vehicles Sales (2021-2026)
  3. 3.3 Global Top Players by Thermal Management in Electric and Hybrid Vehicles Price (2021-2026)
  4. 3.4 Global Thermal Management in Electric and Hybrid Vehicles Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Thermal Management in Electric and Hybrid Vehicles Major Company Production Sites & Headquarters
  6. 3.6 Global Thermal Management in Electric and Hybrid Vehicles Company, Product Type & Application
  7. 3.7 Global Thermal Management in Electric and Hybrid Vehicles Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Thermal Management in Electric and Hybrid Vehicles Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Thermal Management in Electric and Hybrid Vehicles Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Thermal Management in Electric and Hybrid Vehicles Tier 1, Tier 2, and Tier 3
4 Thermal Management in Electric and Hybrid Vehicles Regional Status and Outlook
  1. 4.1 Global Thermal Management in Electric and Hybrid Vehicles Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Thermal Management in Electric and Hybrid Vehicles Historic Market Size by Region
  3. 4.2.1 Global Thermal Management in Electric and Hybrid Vehicles Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Thermal Management in Electric and Hybrid Vehicles Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Thermal Management in Electric and Hybrid Vehicles Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Thermal Management in Electric and Hybrid Vehicles Forecasted Market Size by Region
  7. 4.3.1 Global Thermal Management in Electric and Hybrid Vehicles Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Thermal Management in Electric and Hybrid Vehicles Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Thermal Management in Electric and Hybrid Vehicles Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Thermal Management in Electric and Hybrid Vehicles by Application
  1. 5.1 Thermal Management in Electric and Hybrid Vehicles Market by Application
  2. 5.1.1 Pure Electric Vehicle
  3. 5.1.2 Hybrid Vehicles
  4. 5.2 Global Thermal Management in Electric and Hybrid Vehicles Market Size by Application
  5. 5.2.1 Global Thermal Management in Electric and Hybrid Vehicles Market Size Overview by Application (2021-2032)
  6. 5.2.2 Global Thermal Management in Electric and Hybrid Vehicles Historic Market Size Review by Application (2021-2026)
  7. 5.2.3 Global Thermal Management in Electric and Hybrid Vehicles Forecasted Market Size by Application (2027-2032)
  8. 5.3 Key Regions Market Size by Application
  9. 5.3.1 North America Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Application (2021-2026)
  10. 5.3.2 Europe Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Application (2021-2026)
  11. 5.3.3 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Application (2021-2026)
  12. 5.3.4 South America Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Application (2021-2026)
  13. 5.3.5 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 DENSO
  2. 6.1.1 DENSO Company Information
  3. 6.1.2 DENSO Business Overview
  4. 6.1.3 DENSO Thermal Management in Electric and Hybrid Vehicles Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 DENSO Thermal Management in Electric and Hybrid Vehicles Product Portfolio
  6. 6.1.5 DENSO Recent Developments
  7. 6.2 Sanhua Holding Group
  8. 6.2.1 Sanhua Holding Group Company Information
  9. 6.2.2 Sanhua Holding Group Business Overview
  10. 6.2.3 Sanhua Holding Group Thermal Management in Electric and Hybrid Vehicles Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Sanhua Holding Group Thermal Management in Electric and Hybrid Vehicles Product Portfolio
  12. 6.2.5 Sanhua Holding Group Recent Developments
  13. 6.3 Valeo
  14. 6.3.1 Valeo Company Information
  15. 6.3.2 Valeo Business Overview
  16. 6.3.3 Valeo Thermal Management in Electric and Hybrid Vehicles Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Valeo Thermal Management in Electric and Hybrid Vehicles Product Portfolio
  18. 6.3.5 Valeo Recent Developments
  19. 6.4 Sanden Holdings Corporation
  20. 6.4.1 Sanden Holdings Corporation Company Information
  21. 6.4.2 Sanden Holdings Corporation Business Overview
  22. 6.4.3 Sanden Holdings Corporation Thermal Management in Electric and Hybrid Vehicles Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 Sanden Holdings Corporation Thermal Management in Electric and Hybrid Vehicles Product Portfolio
  24. 6.4.5 Sanden Holdings Corporation Recent Developments
  25. 6.5 Yinlun
  26. 6.5.1 Yinlun Company Information
  27. 6.5.2 Yinlun Business Overview
  28. 6.5.3 Yinlun Thermal Management in Electric and Hybrid Vehicles Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Yinlun Thermal Management in Electric and Hybrid Vehicles Product Portfolio
  30. 6.5.5 Yinlun Recent Developments
  31. 6.6 HASCO
  32. 6.6.1 HASCO Company Information
  33. 6.6.2 HASCO Business Overview
  34. 6.6.3 HASCO Thermal Management in Electric and Hybrid Vehicles Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 HASCO Thermal Management in Electric and Hybrid Vehicles Product Portfolio
  36. 6.6.5 HASCO Recent Developments
  37. 6.7 Mahle
  38. 6.7.1 Mahle Company Information
  39. 6.7.2 Mahle Business Overview
  40. 6.7.3 Mahle Thermal Management in Electric and Hybrid Vehicles Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Mahle Thermal Management in Electric and Hybrid Vehicles Product Portfolio
  42. 6.7.5 Mahle Recent Developments
  43. 6.8 Hanon Systems
  44. 6.8.1 Hanon Systems Company Information
  45. 6.8.2 Hanon Systems Business Overview
  46. 6.8.3 Hanon Systems Thermal Management in Electric and Hybrid Vehicles Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Hanon Systems Thermal Management in Electric and Hybrid Vehicles Product Portfolio
  48. 6.8.5 Hanon Systems Recent Developments
7 North America by Country
  1. 7.1 North America Thermal Management in Electric and Hybrid Vehicles Sales by Country
  2. 7.1.1 North America Thermal Management in Electric and Hybrid Vehicles Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026)
  4. 7.1.3 North America Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032)
  5. 7.2 North America Thermal Management in Electric and Hybrid Vehicles Market Size by Country
  6. 7.2.1 North America Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026)
  8. 7.2.3 North America Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Thermal Management in Electric and Hybrid Vehicles Sales by Country
  2. 8.1.1 Europe Thermal Management in Electric and Hybrid Vehicles Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026)
  4. 8.1.3 Europe Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Thermal Management in Electric and Hybrid Vehicles Market Size by Country
  6. 8.2.1 Europe Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026)
  8. 8.2.3 Europe Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales by Country
  2. 9.1.1 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Size by Country
  6. 9.2.1 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Thermal Management in Electric and Hybrid Vehicles Sales by Country
  2. 10.1.1 South America Thermal Management in Electric and Hybrid Vehicles Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026)
  4. 10.1.3 South America Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032)
  5. 10.2 South America Thermal Management in Electric and Hybrid Vehicles Market Size by Country
  6. 10.2.1 South America Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026)
  8. 10.2.3 South America Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales by Country
  2. 11.1.1 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Size by Country
  6. 11.2.1 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Thermal Management in Electric and Hybrid Vehicles Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Thermal Management in Electric and Hybrid Vehicles Value Chain Analysis
  2. 12.1.1 Thermal Management in Electric and Hybrid Vehicles Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Thermal Management in Electric and Hybrid Vehicles Production Mode & Process
  7. 12.2 Thermal Management in Electric and Hybrid Vehicles Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Thermal Management in Electric and Hybrid Vehicles Distributors
  10. 12.2.3 Thermal Management in Electric and Hybrid Vehicles Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

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