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PUBLISHER: Grand View Research | PRODUCT CODE: 2040769
PUBLISHER: Grand View Research | PRODUCT CODE: 2040769
Battery Cooling Plate Market Size, Share & Trends Analysis Report By Process (Indirect Cooling, Direct Cooling), By Application (BEV, PHEV), By Region (North America, Europe, Asia Pacific, Latin America), And Segment Forecasts, 2026 - 2033
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PAGES: 100 Pages
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Battery Cooling Plate Market Summary
The global battery cooling plate market size was estimated at USD 861.4 million in 2025 and is projected to reach USD 6,791.3 million by 2033, growing at a CAGR of 28.6% from 2026 to 2033. The battery cooling plate market is witnessing strong growth primarily due to the rapid expansion of the electric vehicle (EV) industry.
As global automotive OEMs accelerate the shift toward electrification, the demand for efficient battery thermal management systems has surged. Cooling plates play a critical role in maintaining optimal battery temperature, especially in high-performance EVs and fast-charging conditions. The increasing penetration of battery electric vehicles and plug-in hybrid vehicles is therefore a fundamental driver fueling market expansion.
In 2025, with EV sales surging to approximately 20.7 million units worldwide. This represents a 20% increase over 2024, pushing the global market share of electric cars to a point where roughly one in every five new vehicles sold is electric. China continues to anchor this demand, accounting for 12.9 million of those sales, while Europe saw a significant resurgence with 4.3 million units sold. This massive influx of battery-powered vehicles on the road creates a direct, structural requirement for cooling plates, as every modern long-range EV requires high-precision thermal management to function safely.
The rapid rollout of high-power infrastructure is further intensifying the technical requirements for these components. The deployment of ultra-fast DC chargers, capable of delivering 150 kW to 350 kW, became the standard for new highway networks. These charging speeds generate immense internal heat that can degrade battery chemistry within minutes if not mitigated. Consequently, automakers are moving away from basic cooling designs toward advanced liquid-cooled plates that maintain cell temperatures within a strict window of 15°C to 35°C, ensuring that vehicles like the Tesla Model Y or the Volvo EX90 can sustain peak charging rates without thermal throttling.
Technological shifts in battery architecture are also fundamentally changing how cooling plates are integrated into the vehicle. The industry saw the widespread adoption of Cell-to-Pack (CTP) and Cell-to-Body (CTB) designs by major manufacturers such as BYD and CATL. By eliminating traditional module housings, these architectures place the battery cells in direct contact with large-area cooling plates that also serve as structural components of the chassis. This integration reduces vehicle weight and improves energy density but requires cooling plates with much higher structural integrity and tighter manufacturing tolerances to prevent coolant leaks into the high-voltage environment.
Global Battery Cooling Plate Market Report Segmentation
This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global battery cooling plate market report on the basis of process, application, and region:
- Process Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- Indirect Cooling
- Direct Cooling
- Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- BEV
- PHEV
- Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- France
- Russia
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Middle East & Africa
- Saudi Arabia
- UAE
Product Code: GVR-4-68039-964-2
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Information Analysis
- 1.3.2. Data Analysis Models
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Applications
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Raw Material Trends
- 3.2.2. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Trends
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of Substitution
- 3.5.4. Threat of New Entrants
- 3.5.5. Competitive Rivalry
- 3.6. PESTLE Analysis
- 3.6.1. Political
- 3.6.2. Economic
- 3.6.3. Social Landscape
- 3.6.4. Process
- 3.6.5. Environmental
- 3.6.6. Legal
Chapter 4. Battery Cooling Plate Market: Process Estimates & Trend Analysis
- 4.1. Battery Cooling Plate Market: Process Movement Analysis, 2025 & 2033
- 4.2. Indirect Cooling
- 4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 4.3. Direct Cooling
- 4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
Chapter 5. Battery Cooling Plate Market: Application Estimates & Trend Analysis
- 5.1. Battery Cooling Plate Market: Application Movement Analysis, 2025 & 2033
- 5.2. BEV
- 5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 5.3. PHEV
- 5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
Chapter 6. Battery Cooling Plate Market: Regional Estimates & Trend Analysis
- 6.1. Regional Analysis, 2025 & 2033
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.4. U.S.
- 6.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.4.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.5. Canada
- 6.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.5.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.6. Mexico
- 6.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.6.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.2.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.4. Germany
- 6.3.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.4.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.5. Italy
- 6.3.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.5.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.6. France
- 6.3.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.6.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.7. Russia
- 6.3.7.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.7.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.3.7.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.4. China
- 6.4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.4.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.5. India
- 6.4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.5.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.6. Japan
- 6.4.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.6.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.4.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.5. Latin America
- 6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.4. Brazil
- 6.5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.4.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.5.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.4. Saudi Arabia
- 6.6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.4.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.5. UAE
- 6.6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.5.2. Market estimates and forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- 6.6.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Ranking, 2025
- 7.4. Heat Map Analysis
- 7.5. Kraljic Matrix
- 7.6. Vendor Landscape
- 7.6.1. List of Raw Material Suppliers
- 7.6.2. List of Distributors
- 7.7. List of Prospective End-Users
- 7.8. Strategy Initiatives
- 7.9. Company Profiles/Listing
- 7.9.1. Bespoke Composite Panels
- 7.9.1.1. Company Overview
- 7.9.1.2. Financial Performance
- 7.9.1.3. Product Benchmarking
- 7.9.2. Dana Limited
- 7.9.2.1. Company Overview
- 7.9.2.2. Financial Performance
- 7.9.2.3. Product Benchmarking
- 7.9.3. Estra Automotive
- 7.9.3.1. Company Overview
- 7.9.3.2. Financial Performance
- 7.9.3.3. Product Benchmarking
- 7.9.4. HELLA GmbH & Co. KGaA
- 7.9.4.1. Company Overview
- 7.9.4.2. Financial Performance
- 7.9.4.3. Product Benchmarking
- 7.9.5. KOHSAN Co., Ltd
- 7.9.5.1. Company Overview
- 7.9.5.2. Financial Performance
- 7.9.5.3. Product Benchmarking
- 7.9.6. MAHLE GmbH
- 7.9.6.1. Company Overview
- 7.9.6.2. Financial Performance
- 7.9.6.3. Product Benchmarking
- 7.9.7. Modine Manufacturing Company
- 7.9.7.1. Company Overview
- 7.9.7.2. Financial Performance
- 7.9.7.3. Product Benchmarking
- 7.9.8. Nippon Light Metals
- 7.9.8.1. Company Overview
- 7.9.8.2. Financial Performance
- 7.9.8.3. Product Benchmarking
- 7.9.9. Priatherm
- 7.9.9.1. Company Overview
- 7.9.9.2. Financial Performance
- 7.9.9.3. Product Benchmarking
- 7.9.10. SANHUA Automotive
- 7.9.10.1. Company Overview
- 7.9.10.2. Financial Performance
- 7.9.10.3. Product Benchmarking
- 7.9.1. Bespoke Composite Panels
Product Code: GVR-4-68039-964-2
List of Tables
- Table 1 Battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 2 Battery cooling plate market estimates and forecasts, in indirect cooling, 2021 - 2033 (USD Million) (Kilotons)
- Table 3 Battery cooling plate market estimates and forecasts, in direct cooling, 2021 - 2033 (USD Million) (Kilotons)
- Table 4 Battery cooling plate market estimates and forecasts, in BEV, 2021 - 2033 (USD Million) (Kilotons)
- Table 5 Battery cooling plate market estimates and forecasts, in PHEV, 2021 - 2033 (USD Million) (Kilotons)
- Table 6 North America battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 7 North America battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 8 North America battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 9 U.S. battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 10 U.S. battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 11 U.S. battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 12 Canada battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 13 Canada battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 14 Canada battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 15 Mexico battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 16 Mexico battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 17 Mexico battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 18 Europe battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 19 Europe battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 20 Europe battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 21 Germany battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 22 Germany battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 23 Germany battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 24 France battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 25 France battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 26 France battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 27 Italy battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 28 Italy battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 29 Italy battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 30 Russia battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 31 Russia battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 32 Russia battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 33 Asia Pacific battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 34 Asia Pacific battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 35 Asia Pacific battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 36 China battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 37 China battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 38 China battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 39 India battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 40 India battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 41 India battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 42 Japan battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 43 Japan battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 44 Japan battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 45 Latin America battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 46 Latin America battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 47 Latin America battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 48 Brazil battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 49 Brazil battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 50 Brazil battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 51 Middle East & Africa battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 52 Middle East & Africa battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 53 Middle East & Africa battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 54 Saudi Arabia battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 55 Saudi Arabia battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 56 Saudi Arabia battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
- Table 57 UAE battery cooling plate market estimates & forecasts, 2021 - 2033 (USD Million) (Kilotons)
- Table 58 UAE battery cooling plate market estimates & forecasts, by process, 2021 - 2033 (USD Million) (Kilotons)
- Table 59 UAE battery cooling plate market estimates & forecasts, by application, 2021 - 2033 (USD Million) (Kilotons)
List of Figures
- Fig. 1 Market segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Market snapshot
- Fig. 6 Segmental outlook
- Fig. 7 Competitive outlook
- Fig. 8 Battery cooling plate market outlook, 2021 - 2033 (USD Million) (Kilotons)
- Fig. 9 Value chain analysis
- Fig. 10 Market dynamics
- Fig. 11 Porter's analysis
- Fig. 12 PESTEL analysis
- Fig. 13 Battery cooling plate market, by process: Key takeaways
- Fig. 14 Battery cooling plate market, by process: Market share, 2025 & 2033
- Fig. 15 Battery cooling plate market, by application: Key takeaways
- Fig. 16 Battery cooling plate market, by application: Market share, 2025 & 2033
- Fig. 17 Battery cooling plate market: Regional analysis, 2025
- Fig. 18 Battery cooling plate market, by region: Key takeaways
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