Immersion Cooling for EV Batteries Market Size and Forecasts (2020-2030)

Immersion Cooling for EV Batteries Market Size and Forecasts (2020-2030)

Immersion Cooling for EV Batteries Market Size and Forecasts (2020 – 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Single-Phase Immersion Cooling and Two-Phase Immersion Cooling) and Cooling Fluid Type (Mineral Oil, Synthetic Oil, and Others)

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Description

The immersion cooling for EV batteries market size was valued at US$ 1.23 million in 2022 and is expected to reach US$ 156.90 million by 2030; it is estimated to record a CAGR of 91.1% from 2026 to 2030.

The single-phase immersion cooling technique does not require a complex cooling infrastructure, which reduces the additional infrastructure cost by increasing their adoption among EV battery users. Single-phase immersion cooling can directly contact all device components for cooling technique without causing cell thermal runaway. The increasing adoption of electric vehicles among consumers across the globe increases the adoption of immersion cooling for EV batteries. Consumers are widely adopting electric cars, the increasing demand for high-performance batteries for the long run. To fulfill consumers’ demand, manufacturers must increase battery density and range, which require quick changing and cooling systems. However, significant benefits provided by the single-phase immersion cooling technique among EV battery users include minimizing electronic failure or reduced risk of shocks fueling the market growth. Shifting users’ preference toward adopting single-phase immersion cooling is associated with its simplicity, affordability, less maintenance, and support for easier cooling operations. These factors are anticipated to increase the demand for single-phase immersion cooling among EV battery users during the forecast period.

The Europe immersion cooling for EV batteries market is segmented into Germany, France, Spain, the UK, Italy, and the Rest of Europe. The expanding automotive sector is driving the market in this region. It is one of Europe’s largest sectors, representing over 7% of the region’s GDP. The region consists of various established car manufacturers continuously working on increasing the production and sales of electric vehicles. According to the European Automobile Manufacturers Association (ACEA), in Q4 of 2022, the region witnessed an increase in the registrations of new battery electric cars by 31.6%, selling 406,890 total units. Out of this, Germany registered 198,293 units of BEVs. France registered 62,155 units, and Sweden registered 37,013 unit sales.

Governments of countries in the region are taking various initiatives for the adoption of EVs in the region. For instance, in 2020, the government of the UK awarded US$ 57.87 million for various low-carbon automotive projects, including electric vehicle manufacturing. Also, in July 2021, the European Commission proposed a revised Regulation (EU) 2019/631 to reduce carbon emissions by cars and vans to achieve its 2030 and 2050 climate objectives. Such supportive government policies for reducing carbon emissions are expected to increase the adoption of EVs in the region. This will further propel the demand for high-capacity EV batteries, thereby raising the need for efficient battery cooling solutions and bolstering the growth of the immersion cooling for EV batteries market in Europe. Further, to support these government initiatives, various companies in the market are working on increasing EV production in the region. In March 2022, Ford planned to introduce three new passenger EVs and four new commercial EVs in Europe by 2024. The company also announced its plans to sell more than 600,000 EVs in the region by 2026. Thus, the increase in initiatives from leading players regarding EV production and development is anticipated to drive the immersion cooling for EV batteries market in Europe in the coming years.

Ricardo Plc, Mahle GmbH, Exoes SAS, Xing Mobility Inc, The Lubrizol Corp, SAE International, Rimac Technology Ltd, Cargill Inc, Engineered Fluids Inc, and M&I Materials Ltd are among the key stakeholders operating in the immersion cooling for EV batteries market. Various other companies are introducing new product offerings to contribute to the immersion cooling for EV batteries market size proliferation. Several other major companies have been analyzed during this research study to get a holistic view of the immersion cooling for EV batteries market ecosystem. The immersion cooling for EV batteries market report provides detailed market insights, which helps the key players strategize their growth.

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According to our latest study on “Immersion Cooling for EV Batteries Market Forecast to 2030 – Global and Regional Share, Trends, and Growth Opportunity Analysis – by Type and Cooling Fluid Type,” the immersion cooling for EV batteries market size was valued at US$ 1.23 million in 2022 and is expected to reach US$ 156.90 million by 2030; it is estimated to record a CAGR of 91.1% from 2026 to 2030.

The immersion cooling for EV batteries market in APAC is segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. One of the key factors driving the immersion cooling for EV batteries market is the rising adoption of EVs in the region. Increasing concerns regarding pollution and growing preference for environment-friendly modes of transport fuel the demand for EVs in APAC. Further, to raise the adoption of EVs, the governments of different countries are developing several policies. The Association of Southeast Asian Nations (ASEAN) developed a favorable policy to encourage EV adoption. According to the International Renewable Energy Agency (IRENA), approximately 20% of vehicles in Southeast Asia will be EVs by 2025, including 59 million two-wheelers and three-wheelers and 8.9 million cars. In addition, India, South Korea, Taiwan, Vietnam, and other APAC countries are constantly working on attracting several businesses that want to relocate their car manufacturing facilities to the above countries because of low labor costs. For this, the above countries are offering tax rebates, funds, and subsidies, attracting more manufacturing companies to set up their plants. In 2021, the government of India allocated US$ 450 million for the electrification of public and shared transportation, adopting 7,090 e-buses. Also, in April 2021, the Indonesian government announced its plan for EVs to make 20% of all domestic cars manufactured, equal to 400,000 e-cars, by 2025. In addition, in March 2023, Chinese EV manufacturer BYD announced that it had started the construction of its new EV manufacturing facility in Thailand, which will be producing 150,000 passenger cars per year from 2024. Thus, the increase in initiatives and supportive regulations by governments for the production of EVs is expected to surge the sale of EVs in the region, which will also raise the demand for immersion cooling batteries as they can help increase the driving range of EVs and keep the batteries safe from thermal runaway, propelling the immersion cooling for EV batteries market growth in APAC.

The immersion cooling for EV batteries market is bifurcated on the basis of type and cooling fluid type. Based on type, the immersion cooling for EV batteries market is divided into single-phase immersion cooling and two-phase immersion cooling. The single-phase immersion cooling segment held the largest immersion cooling for EV batteries market share in 2022 and is anticipated to register the highest CAGR in the immersion cooling for EV batteries market during the forecast period. Based on cooling fluid type, the immersion cooling for EV batteries market is segmented into mineral oil, synthetic oil, and others. The synthetic oil segment held the largest immersion cooling for EV batteries market share in 2022 and is also anticipated to register the highest CAGR in the immersion cooling for EV batteries market during the forecast period. Geographically, the immersion cooling for EV batteries market is segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Findings of Study:

China is one of the largest EV manufacturers in the world. The country has a robust manufacturing base for EVs. The country has deployed more than 400,000 electric buses, which accounts for more than 80% of the global share. Also, Shenzhen, China’s industrial city, has fully electrified its fleet. In addition, in the main manufacturing plant of BYD in China, an electric car is assembled every 90 seconds. Also, in February 2022, Volkswagen had planned to build 1 million EVs a year in China from 2023. Thus, such growing adoption and production of EVs is expected to raise the need for an efficient thermal management system to cool the EV batteries, as this helps in increasing the driving range of EVs.

Furthermore, the increase in the production of EV batteries in China is aiding the market dynamics. For instance, in June 2022, CATL, one of the leading battery manufacturers in China, planned to produce next-generation EV batteries in 2023. Thus, all the above factors are expected to fuel the growth of the immersion cooling for EV batteries market in China during the forecast period.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global immersion cooling for EV batteries market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the global immersion cooling for EV batteries market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Immersion Cooling for EV Batteries Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain:
5. Immersion Cooling for EV Batteries Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increase in Demand for High-Capacity Batteries to Extend EV Driving Range
5.1.2 Growing Demand for Electric Vehicles
5.2 Market Restraints
5.2.1 Challenges Associated with Immersion Cooling
5.3 Market Opportunities
5.3.1 Advantages of Immersion Cooling
5.4 Future Trends
5.4.1 Growing Incorporation of Immersion-cooled Battery into Road-Going Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Immersion Cooling for EV Batteries Market – Global Market Analysis
6.1 Immersion Cooling for EV Batteries Market Overview
6.2 Immersion Cooling for EV Batteries Market Revenue (US$ Million), 2022 – 2030
6.3 Immersion Cooling for EV Batteries Market Forecast and Analysis
7. Immersion Cooling for EV Batteries Market Analysis – Type
7.1 Single-Phase Immersion Cooling
7.1.1 Overview
7.1.2 Single-Phase Immersion Cooling Market Revenue and Forecasts To 2030 (US$ Million)
7.2 Two-Phase Immersion Cooling
7.2.1 Overview
7.2.2 Two-Phase Immersion Cooling Market Revenue and Forecasts To 2030 (US$ Million)
8. Immersion Cooling for EV Batteries Market Analysis – Cooling Fluid Type
8.1 Mineral Oil
8.1.1 Overview
8.1.2 Mineral Oil Market Revenue and Forecasts To 2030 (US$ Million)
8.2 Synthetic Oil
8.2.1 Overview
8.2.2 Synthetic Oil Market Revenue and Forecasts To 2030 (US$ Million)
8.3 Others
8.3.1 Overview
8.3.2 Others Market Revenue and Forecasts To 2030 (US$ Million)
9. Immersion Cooling for EV Batteries Market – Geographical Analysis
9.1 North America
9.1.1 North America Immersion Cooling for EV Batteries Market Overview
9.1.2 North America Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3 North America Immersion Cooling for EV Batteries Market Breakdown by Type
9.1.3.1 North America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
9.1.4 North America Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.1.4.1 North America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
9.1.5 North America Immersion Cooling for EV Batteries Market Revenue and Forecasts and Analysis – By Countries
9.1.5.1 US Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.5.1.1 US Immersion Cooling for EV Batteries Market Breakdown by Type
9.1.5.1.2 US Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.1.5.2 Rest of North America Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.5.2.1 Rest of North America Immersion Cooling for EV Batteries Market Breakdown by Type
9.1.5.2.2 Rest of North America Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.2 Europe
9.2.1 Europe Immersion Cooling for EV Batteries Market Overview
9.2.2 Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.3 Europe Immersion Cooling for EV Batteries Market Breakdown by Type
9.2.3.1 Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts and Analysis – By Type
9.2.4 Europe Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.2.4.1 Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts and Analysis – By Cooling Fluid Type
9.2.5 Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts and Analysis – By Countries
9.2.5.1 Germany Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.1.1 Germany Immersion Cooling for EV Batteries Market Breakdown by Type
9.2.5.1.2 Germany Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.2.5.2 France Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.2.1 France Immersion Cooling for EV Batteries Market Breakdown by Type
9.2.5.2.2 France Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.2.5.3 Italy Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.3.1 Italy Immersion Cooling for EV Batteries Market Breakdown by Type
9.2.5.3.2 Italy Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.2.5.4 UK Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.4.1 UK Immersion Cooling for EV Batteries Market Breakdown by Type
9.2.5.4.2 UK Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.2.5.5 Rest of Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.2.5.5.1 Rest of Europe Immersion Cooling for EV Batteries Market Breakdown by Type
9.2.5.5.2 Rest of Europe Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.3 Asia Pacific Immersion Cooling for EV Batteries Market
9.3.1 Overview
9.3.2 Asia Pacific Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Million)
9.3.3 Asia Pacific Immersion Cooling for EV Batteries Market Breakdown by Type
9.3.3.1 Asia Pacific Immersion Cooling for EV Batteries Market Revenue and Forecasts and Analysis – By Type
9.3.4 Asia Pacific Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.3.4.1 Asia Pacific Immersion Cooling for EV Batteries Market Revenue and Forecasts and Analysis – By Cooling Fluid Type
9.3.5 Asia Pacific Immersion Cooling for EV Batteries Market Breakdown by Countries
9.3.5.1 China Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.1.1 China Immersion Cooling for EV Batteries Market Breakdown by Type
9.3.5.1.2 China Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.3.5.2 India Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.2.1 India Immersion Cooling for EV Batteries Market Breakdown by Type
9.3.5.2.2 India Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.3.5.3 Japan Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.3.1 Japan Immersion Cooling for EV Batteries Market Breakdown by Type
9.3.5.3.2 Japan Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.3.5.4 South Korea Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.4.1 South Korea Immersion Cooling for EV Batteries Market Breakdown by Type
9.3.5.4.2 South Korea Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.3.5.5 Rest of Asia Pacific Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.3.5.5.1 Rest of Asia Pacific Immersion Cooling for EV Batteries Market Breakdown by Type
9.3.5.5.2 Rest of Asia Pacific Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.4 Rest of the World
9.4.1 Rest of the World Immersion Cooling for EV Batteries Market Overview
9.4.2 Rest of the World Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Million)
9.4.3 Rest of the World Immersion Cooling for EV Batteries Market Breakdown by Type
9.4.3.1 Rest of the World Immersion Cooling for EV Batteries Market and Forecasts and Analysis – By Type
9.4.4 Rest of the World Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.4.4.1 Rest of the World Immersion Cooling for EV Batteries Market and Forecasts and Analysis – By Cooling Fluid Type
9.4.5 Rest of the World Immersion Cooling for EV Batteries Market Revenue and Forecasts and Analysis – By Regions
9.4.5.1 Middle East & Africa Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.1.1 Middle East & Africa Immersion Cooling for EV Batteries Market Breakdown by Type
9.4.5.1.2 Middle East & Africa Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
9.4.5.2 South America Immersion Cooling for EV Batteries Market Revenue and Forecasts to 2030 (US$ Mn)
9.4.5.2.1 South America Immersion Cooling for EV Batteries Market Breakdown by Type
9.4.5.2.2 South America Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type
10. Immersion Cooling for EV Batteries Market – Impact of COVID-19 Pandemic
10.1 Pre & Post Covid-19 Impact
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Market Initiative
12.2 New Development
13. Company Profiles
13.1 Ricardo Plc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Contribution to Immersion Cooling Technology for EV Batteries
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Mahle GmbH
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Contribution to Immersion Cooling Technology for EV Batteries
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 EXOES SAS
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Contribution to Immersion Cooling Technology for EV Batteries
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 XING Mobility Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Contribution to Immersion Cooling Technology for EV Batteries
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 The Lubrizol Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Contribution to Immersion Cooling Technology for EV Batteries
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 SAE International
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Contribution to Immersion Cooling Technology for EV Batteries
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Rimac Technology Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Contribution to Immersion Cooling Technology for EV Batteries
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Cargill Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Contribution to Immersion Cooling Technology for EV Batteries
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Engineered Fluids Inc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Contribution to Immersion Cooling Technology for EV Batteries
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 M&I Materials Ltd
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Contribution to Immersion Cooling Technology for EV Batteries
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 Word Index

LIST OF TABLES

Table 1. Immersion Cooling for EV Batteries Market Segmentation
Table 2. Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Million) – Type
Table 4. Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Million) – Cooling Fluid Type
Table 5. North America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 6. North America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 7. North America Immersion Cooling for EV Batteries Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 8. US Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 9. US Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 10. Rest of North America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 11. Rest of North America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 12. Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 13. Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 14. Europe Immersion Cooling for EV Batteries Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 15. Germany Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 16. Germany Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 17. France Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 18. France Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 19. Italy Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 20. Italy Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 21. UK Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 22. UK Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 23. Rest of Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 24. Rest of Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 25. Asia Pacific Immersion Cooling for EV Batteries Market Revenue And Forecasts To 2030 (US$ Million) – Type
Table 26. Asia Pacific Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Million) – Cooling Fluid Type
Table 27. Asia Pacific Immersion Cooling for EV Batteries Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 28. China Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 29. China Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 30. India Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 31. India Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 32. Japan Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 33. Japan Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 34. South Korea Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 35. South Korea Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 36. Rest of Asia Pacific Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 37. Rest of Asia Pacific Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 38. Rest of the World Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Million) – By Type
Table 39. Rest of the World Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Million) – By Cooling Fluid Type
Table 40. Rest of the World Immersion Cooling for EV Batteries Market, by Region – Revenue and Forecast to 2030 (USD Million)
Table 41. Middle East & Africa Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 42. Middle East & Africa Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 43. South America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Type
Table 44. South America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn) – By Cooling Fluid Type
Table 45. Company Positioning & Concentration
Table 46. List of Abbreviation

LIST OF FIGURES

Figure 1. Immersion Cooling for EV Batteries Market Segmentation, By Geography
Figure 2. Global– PEST Analysis
Figure 3. Ecosystem: Immersion Cooling for EV Batteries Market
Figure 4. Immersion Cooling for EV Batteries Market – Key Industry Dynamics
Figure 5. Immersion Cooling for EV Batteries Market: Impact Analysis of Drivers and Restraints
Figure 6. Immersion Cooling for EV Batteries Market Breakdown by Geography, 2022 and 2030 (%)
Figure 7. Immersion Cooling for EV Batteries Market Revenue (US$ Million), 2022 & 2030
Figure 8. Immersion Cooling for EV Batteries Market Share (%) – Type, 2022 and 2030
Figure 9. Single-Phase Immersion Cooling Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Two-Phase Immersion Cooling Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Immersion Cooling for EV Batteries Market Share (%) – Cooling Fluid Type, 2022 and 2030
Figure 12. Mineral Oil Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Synthetic Oil Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Immersion Cooling for EV Batteries Market Revenue Share, By Region (2022 & 2030)
Figure 16. North America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 17. Immersion Cooling for EV Batteries Market Breakdown by Type (2022 and 2030)
Figure 18. North America Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type, 2022 and 2030 (%)
Figure 19. North America Immersion Cooling for EV Batteries Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 20. US Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. Rest of North America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 22. Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 23. Europe Immersion Cooling for EV Batteries Market Breakdown by Type (2022 and 2030)
Figure 24. Europe Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type (2022 and 2030)
Figure 25. immersion cooling for EV batteries market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 26. Germany Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. France Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Italy Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. UK Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Rest of Europe Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Asia Pacific Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Million)
Figure 32. Asia Pacific Immersion Cooling for EV Batteries Market Breakdown by Type (2022 and 2023)
Figure 33. Asia Pacific Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type (2022 and 2023)
Figure 34. Asia Pacific Immersion Cooling for EV Batteries Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 35. China Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. India Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. Japan Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. South Korea Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 39. Rest of Asia Pacific Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 40. Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Million)
Figure 41. Rest of the World Immersion Cooling for EV Batteries Market Breakdown by Type (2022 and 2030)
Figure 42. Rest of the World Immersion Cooling for EV Batteries Market Breakdown by Cooling Fluid Type (2022 and 2023)
Figure 43. Immersion Cooling for EV Batteries Market Breakdown by Key Regions, 2022 and 2030 (%)
Figure 44. Middle East & Africa Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 45. South America Immersion Cooling for EV Batteries Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 46. Heat Map Analysis By Key Players

The List of Companies – Immersion Cooling for EV Batteries Market
o Ricardo Plc
o Mahle GmbH
o EXOES SAS
o XING Mobility Inc
o The Lubrizol Corp
o SAE International
o Rimac Technology Ltd
o Cargill Inc
o Engineered Fluids Inc
o M&I Materials Ltd

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