Electric Vehicle Heat Pump Systems Market - Scope by 2031
Electric Vehicle Heat Pump Systems Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 437.94 Million |
Market Size by 2031 | US$ 1,924.69 Million |
Global CAGR (2023 - 2031) | 20.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Propulsion Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Electric Vehicle Heat Pump Systems Market News and Recent Developments
The electric vehicle heat pump system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the electric vehicle heat pump system market are listed below:
Hanon Systems, a leading global automotive thermal management supplier for electrified mobility, reaffirms its commitment to building a clean energy future through innovative electric vehicle (EV) solutions, such as its industry-leading heat pump systems and components. EV driving range continues to be a concern among consumers and automakers alike, particularly in winter conditions. The amount of battery energy required to heat the cabin for occupant comfort and maintain the optimal temperature of the battery and power electronics in cold conditions poses a great challenge to the company. (Source: Hanon Systems, Press Release, February 2024)
Electric Vehicle Heat Pump Systems Market Report Coverage and Deliverables
The "Electric Vehicle Heat Pump Systems Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Electric vehicle heat pump system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Electric vehicle heat pump system market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Electric vehicle heat pump system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the electric vehicle heat pump system market
- Detailed company profiles