Battery Thermal Management: Evolution in EV and Energy Storage Sectors The global thermal management market size was valued at USD 11.53 billion in 2024 and is projected to grow from USD 12.49 billion in 2025 to USD 23.32 billion by 2032, exhibiting a CAGR of 9.33% during the forecast period.
Thermal Management Market Overview (2025–2032)
The Thermal Management Market is witnessing strong growth driven by the need for efficient heat dissipation in...