Onboard battery heating in Full Hybrid & Electric Vehicles (EVs)

IHS Markit forecasts indicate that one in five light vehicles sold globally by 2025 will be either a full HEV or a BEV. The EV battery which is the heart of a modern electric vehicle, is highly temperature sensitive and must be maintained within a narrow temperature band to ensure high operational efficiency, maximize life cycle and prevent permanent damage. Additionally, the temperature variation within the cells in a battery pack also needs to be controlled. In cold climates, the EV battery would need heating or warming function to help the battery pack to quickly reach the ideal temperature range to avoid low temperature operation and facilitate fast charging. As the EV market matures, the trend is moving towards an intelligent and integrated thermal management system which connects the various electric modules, allowing heat to be harvested for cabin and battery heating. Higher application of larger batteries and fast charging are expected to be the main drivers for the sector.

About this report

This report provides an understanding of the battery heating component technology and market trends for light EVs and full hybrids, an in-depth demand outlook, and an overview of the main players and market drivers—on both global and regional levels.

This report will answer the following questions.

•    What are the size and scope of the global EV battery heating component market?
•    What are the key drivers pushing the sector?
•    What is the regional outlook for the sector?
•    What are the challenges faced by the EV battery heating component sector?
•    What is the business outlook for the sector?
•    Who are the major suppliers operating in the sector?

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