North America Battery Cooling Plate Market Size & Outlook
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North America battery cooling plate market highlights
- The North America battery cooling plate market generated a revenue of USD 126.8 million in 2025.
- The market is expected to grow at a CAGR of 32.2% from 2026 to 2033.
- In terms of segment, bev was the largest revenue generating application in 2025.
- BEV is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
| Market revenue in 2025 | USD 126.8 million |
| Market revenue in 2033 | USD 1,274.5 million |
| Growth rate | 32.2% (CAGR from 2026 to 2033) |
| Largest segment | Bev |
| Fastest growing segment | BEV |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PHEV, BEV |
| Key market players worldwide | Dana Inc, HELLA GmbH & Co KGaA, Nomura Holdings Inc ADR, Modine Manufacturing Co, MAHLE, Bespoke Composite Panels, Nippon Light Metal, Priatherm, SANHUA Automotive, Goshu Kohsan Co |
Other key industry trends
- In terms of revenue, North America region accounted for 14.7% of the global battery cooling plate market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- North America is the fastest growing regional market and is projected to reach USD 1,274.5 million by 2033.
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Battery Cooling Plate Market Scope
Battery Cooling Plate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Goshu Kohsan Co | View profile | - | Bang Phli, Samut Prakan, Thailand, Asia | https://www.goshukohsan.com/ |
| SANHUA Automotive | View profile | 1001-5000 | Hangzhou, Zhejiang, China, Asia | http://www.sanhuaautomotive.com |
| Priatherm | View profile | 11-50 | Ferrara, Emilia-Romagna, Italy, Europe | https://priatherm.com |
| Nippon Light Metal | View profile | 1001-5000 | Shimbashi, Tokyo, Japan, Asia | https://www.nikkeikin.com/ |
| Bespoke Composite Panels | View profile | 101-250 | Huntingdon, Cambridgeshire, United Kingdom, Europe | https://bespokecompositepanels.com |
| Modine Manufacturing Co | View profile | 11400 | 1500 DeKoven Avenue, Racine, WI, United States, 53403-2552 | https://www.modine.com |
| Nomura Holdings Inc ADR | View profile | 26853 | 13-1, Nihonbashi 1-chome, Chuo-Ku, Tokyo, Japan, 103-8645 | https://www.nomuraholdings.com |
| HELLA GmbH & Co KGaA | View profile | 37743 | Rixbecker Strasse 75, Lippstadt, NW, Germany, 59552 | https://www.hella.com |
| Dana Inc | View profile | 42000 | 3939 Technology Drive, Maumee, OH, United States, 43537 | https://www.dana.com |
| MAHLE | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | https://www.mahle.com |
North America battery cooling plate market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to battery cooling plate market will help companies and investors design strategic landscapes.
Bev was the largest segment with a revenue share of 93.45% in 2025. Horizon Databook has segmented the North America battery cooling plate market based on phev, bev covering the revenue growth of each sub-segment from 2021 to 2033.
In September 2021, Ford Motor Company partnered with SK Innovation to build technologically advanced campuses in Kentucky and Tennessee, U.S. On these campuses, the companies will be manufacturing electric F-Series trucks and automotive batteries for Ford Motor Company EVs and Lincoln electric vehicle brand owned by Ford Motor Company.
Furthermore, in June 2022, the Volkswagen Group and Siemens together announced to invest USD 450 million in Electrify America, LLC, taking its valuation to USD 2.45 billion.
This step consistently accelerated the quality, comfort, and expansion of the public charging infrastructure in the region, which is expected to have a positive impact on the EV market. These factors are expected to drive the demand for battery cooling plates over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America battery cooling plate market , including forecasts for subscribers. This continent databook contains high-level insights into North America battery cooling plate market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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North America battery cooling plate market size, by country, 2021-2033 (US$M)
North America Battery Cooling Plate Market Outlook Share, 2025 & 2033 (US$M)
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