GLOBAL EV THERMAL MANAGEMENT IC MARKET

INTRODUCTION

Electric vehicles (EVs) use an EV thermal management IC (Integrated Circuit) to regulate and handle the temperature of the battery pack, electric motor, and other parts of the vehicle.

It is crucial to maintain these components within a certain temperature range because their working temperature has a significant impact on both their performance and lifespan. The temperature of the different components is monitored and controlled by the thermal management IC, which is essential to this process. 

Sensors, controllers, and actuators are the usual components of the thermal management IC. The components' temperatures are measured by the sensors, and the processors use this information to choose the best cooling or heating strategy.

The required cooling or heating actions, such as turning on fans or compressors, are then carried out by the actuators.

In order to guarantee the vehicle's safe and dependable operation, the thermal management IC is a crucial part of EVs.By controlling the component temperatures, it also enhances the vehicle's effectiveness and efficacy.

GLOBAL EV THERMAL MANAGEMENT IC MARKET SIZE AND FORECAST

Global EV thermal management IC market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

A novel line of thermal management systems for electric vehicles (EVs) has just been introduced by Modine Manufacturing Company The EVantage Battery Thermal Management System (BTMS) and the EVantage Electronics Cooling Package (ECP) are two of the thermal management systems in the EVantage range.

With multi-stage cooling and heating, the BTMS fully regulates battery temperature in all environments, maximising the temperature range for a complete bank of batteries.. The traction motor and power electronics circuit fluid temps are maintained by the ECP's multi-zone cooling design.

The thermal management systems from the EVantage line are made to be adaptable for any size chassis and incorporate quickly into a variety of vehicles for stationary as well as ground, marine, and aviation applications.

Off-road equipment and specialised commercial vehicles have harsh environments that are well suited for Modine's new EV thermal management solution. By adapting to fit into various chassis layouts, the Modine L-CON BTMS tackles the specific thermal management requirements of commercial EV batteries across a wide variety of vehicles.

The system has plug-and-play integration, gives vehicle designers unprecedented freedom, and can endure the corrosive, harsh environments found in transportation, mining, construction, agriculture, and specialty applications.

COMPANY PROFILE

• NXP Semiconductors
• Infineon Technologies
• Texas Instruments
• STMicroelectronics
• ON Semiconductor
• Analog Devices
• ROHM Semiconductor
• Maxim Integrated
• Renesas Electronics
• Melexis

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many EV thermal management IC are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV thermal management IC and key vendor selection criteria
3. Where is the EV thermal management IC manufactured? What is the average margin per unit?
4. Market share of Global EV thermal management IC market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global EV thermal management IC in-house
6. key predictions for next 5 years in Global EV thermal management IC market
7. Average B-2-B EV thermal management IC market price in all segments
8. Latest trends in EV thermal management IC market, by every market segment
9. The market size (both volume and value) of the EV thermal management IC market in 2023-2030 and every year in between?
10. Production breakup of EV thermal management IC market, by suppliers and their OEM relationship