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Battery Thermal Management System Market to Reach $7.3 Billion, Globally, by 2030 at 12.4% CAGR: Allied Market Research

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2 years ago

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Proper thermal management in electric vehicles (EVs) is crucial for ensuring safety by preventing overheating, thermal runaway, and potential battery fires. Thermal management systems monitor and regulate the temperature of the battery pack during operation. These systems prevent excessive heat buildup that could lead to overheating by keeping the battery within safe operating limits.

WILMINGTON, Del., Sept. 23, 2024 /PRNewswire/ — Allied Market Research published a report, titled, “Battery Thermal Management System Market by Propulsion (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)), Technology (Active Systems and Passive Systems), Vehicle Type (Passenger Vehicles, Commercial Vehicles and Others), Battery Type (Lithium-Ion Battery and Nickel-Metal Hydride (NiMH) Battery, Lead-Acid Battery, Solid-State Battery): Global Opportunity Analysis and Industry Forecast, 2024-2030″. According to the report, the battery thermal management system market was valued at $3.2 billion in 2023, and is estimated to reach $7.3 billion by 2030, growing at a CAGR of 12.4% from 2024 to 2030.

Download PDF Brochure: https://www.alliedmarketresearch.com/request-sample/A15776 

Prime determinants of growth

The global battery thermal management system market is experiencing growth due to shift towards electric vehicles. However, the initial investment required for integrating advanced BTMS in vehicles is expected to restrain the growth of the battery thermal management system market. Moreover, innovation in materials, software algorithms, and cooling/heating techniques presents opportunities to develop efficient and cost-effective battery thermal management system solutions during the forecast period.

Report coverage & details:

Report Coverage

Details

Forecast Period

2024–2030

Base Year

2023

Market Size in 2023

$3.2 billion

Market Size in 2030

$7.3 billion

CAGR

12.4 %

No. of Pages in Report

300

Segments Covered

Propulsion, Technology, Vehicle Type, Battery Type, and Region

Drivers

Increase in adoption of electric vehiclesIncrease in demand for energy storage solutions

Opportunity

Integration of Internet of Things (IoT) capabilities into the battery thermal management system

Restraint

High initial costs in developing and implementing advanced battery thermal management systems

The plug-in hybrid electric vehicles (PHEVs) segment is expected to remain the largest type throughout the forecast period.

Plug-in hybrid electric vehicles (PHEVs) represent a unique segment in the automotive industry, combining features of both traditional internal combustion engines (ICE) and electric propulsion systems. Unlike battery electric vehicles (BEVs), which rely solely on electric power stored in batteries, PHEVs integrate a smaller battery pack alongside an internal combustion engine. This hybridization allows PHEVs to offer extended range and flexibility, appealing to consumers who may have concerns about range anxiety or the availability of charging infrastructure.

Procure Complete Report (300 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/battery-thermal-management-system-market

The active system segment is expected to lead throughout the forecast period.

Active systems actively control the temperature of batteries using mechanisms such as liquid cooling or air cooling with fans. They often involve pumps, coolants, and control systems to manage and regulate temperatures effectively. They offer better performance in terms of temperature control and maintaining optimal operating conditions for batteries, especially in more demanding applications such as electric vehicles (EVs) or grid storage systems. They provide more flexibility in adjusting to varying thermal loads and environmental conditions, which is crucial for ensuring battery longevity and safety.

The passenger vehicle dominated the battery thermal management system market throughout the forecast period.

Battery Thermal Management Systems (BTMS) play a crucial role in ensuring the efficient and safe operation of batteries in electric and hybrid vehicles. These systems are designed to regulate the temperature of the battery pack, which is essential for optimizing performance, prolonging battery life, and ensuring safety under various operating conditions. One of the primary functions of a BTMS is to maintain the battery pack within an optimal temperature range. Batteries perform best within a specific temperature range, typically between 15°C and 35°C (59°F and 95°F) . Operating outside this range can lead to reduced efficiency, decreased power output, and accelerated degradation of the battery cells. In cold climates, the BTMS may warm the battery pack to improve efficiency and prevent damage from low temperatures. Conversely, in hot climates or during heavy use, the system can cool the battery to prevent overheating and maintain performance.

The lithium-ion battery segment is expected to lead throughout the forecast period.

Battery thermal management systems (BTMS) play a crucial role in the performance, safety, and longevity of lithium-ion batteries, especially in applications ranging from electric vehicles (EVs) to portable electronics. These systems are designed to regulate the temperature of the battery pack to optimal levels during both operation and charging, mitigating the risks associated with temperature extremes. BTMS contribute significantly to safety by preventing thermal runaway—a critical concern in lithium-ion batteries. Thermal runaway occurs when a battery cell overheats, leading to a rapid increase in temperature that can propagate to neighboring cells, causing a chain reaction of overheating and potentially resulting in fire or explosion. BTMS uses various strategies such as cooling/heating elements, thermal insulation, and sophisticated control algorithms to detect and mitigate temperature spikes, thereby reducing the risk of thermal runaway incidents.

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Asia-Pacific to maintain its dominance by 2030.

The Asia-Pacific region has witnessed a significant surge in the adoption of electric vehicles, driven by government incentives, environmental policies, and increasing consumer awareness of sustainable transportation. There is a corresponding increase in the demand for advanced BTMS as EV sales continue to rise across countries like China, Japan, South Korea, and India. These systems are essential for regulating battery temperature, optimizing performance, and preventing thermal runaway, particularly in diverse climatic conditions ranging from hot and humid to cold and dry.

Countries in the Asia-Pacific region are at the forefront of technological advancements in battery technology and thermal management. Companies and research institutions are developing innovative BTMS solutions tailored to local market needs and climate conditions. For example, in Japan, where there is a strong automotive and electronics industry, there is significant research into advanced cooling technologies to enhance battery performance and safety. Similarly, China, as the largest EV market globally, invests heavily in developing scalable BTMS solutions that can be integrated into mass-produced vehicles.

Players: –

Robert Bosch GmbHGENTHERMVALEODana LimitedMAHLE GmbHHanon SystemsVOSS Automotive, Inc3MGrayson Automotive Services LimitedContiTech Deutschland GmbH

The report provides a detailed analysis of these key players in the global battery thermal management system market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.  

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

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3 hours ago

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October 25, 2026

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Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

3 hours ago

on

October 25, 2026

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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10 hours ago

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October 24, 2026

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

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