Global Electric Vehicle (EV) Battery Liquid Cold Plates Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

According to our (Global Info Research) latest study, the global Electric Vehicle (EV) Battery Liquid Cold Plates market size was valued at US$ 1716 million in 2025 and is forecast to a readjusted size of US$ 3740 million by 2032 with a CAGR of 12.0% during review period.
Electric Vehicle (EV) Battery Liquid Cold Plate is a thermal-management component installed within an automotive traction battery pack to transfer heat between battery cells or modules and a circulating cooling medium. It typically contains engineered internal flow channels formed in aluminum or other thermally conductive structures and is positioned beneath, beside or between cells and modules, or integrated into the battery pack structure. Its primary functions are to control cell operating temperature, reduce temperature differences across the battery pack and support battery performance, durability and fast-charging capability. Key engineering requirements include high heat-transfer efficiency, uniform coolant distribution, low pressure drop, lightweight construction, dimensional flatness, corrosion resistance, electrical insulation, leak tightness and long-term vibration durability. This study covers Electric Vehicle (EV) Battery Liquid Cold Plate products for BEV and PHEV applications and classifies the market by Type into Harmonica Tube Type, Stamping Type, Inflation Type and Others; by Battery Pack Configuration into CTM, CTP, CTB and CTC; and by Battery Type into Prismatic Battery, Cylindrical Battery and Pouch Battery.
Key Findings
Global Electric Vehicle (EV) Battery Liquid Cold Plate sales volume reached 19,985.2 K Sets in 2025
The global average Electric Vehicle (EV) Battery Liquid Cold Plate selling price was approximately US$83.4 per set in 2025
MAHLE Sanhua Automotive Yinlun Nabaichuan Holding and Valeo were the top five manufacturers in 2025
The top five manufacturers accounted for 52.46% of global Electric Vehicle (EV) Battery Liquid Cold Plate revenue in 2025
BEV demand and increasingly integrated battery pack architectures are reshaping Electric Vehicle (EV) Battery Liquid Cold Plate design requirements
Market Trends
Electric Vehicle (EV) Battery Liquid Cold Plate technology is evolving toward larger cooling surfaces, thinner structures, lower coolant pressure loss and greater integration with battery pack architecture. Conventional products primarily provide bottom cooling for battery modules, while newer platforms increasingly use large-area pack cooling plates, inter-cell structures and geometries adapted directly to individual cell formats. Valeo’s large liquid cooler reaches dimensions of approximately 2,000 × 1,500 mm with an average thickness below 8 mm, while Sanhua Automotive specifies cooling plates up to 1.6 m wide and 2.5 m long, illustrating the move toward larger integrated thermal surfaces. At the cell level, Dana has commercialized a 1 mm inter-cell liquid plate for prismatic cells, while BorgWarner uses extruded aluminum profiles that snake between rows of cylindrical cells. Manufacturing technology is also diversifying beyond conventional stamping and brazing: Sogefi has developed laser-welded extruded, all-aluminum and metal-plastic hybrid cold plates, reflecting industry efforts to reduce weight, energy consumption and process complexity while maintaining mechanical strength and thermal performance.
Market Dynamics
Drivers
The principal growth driver for Electric Vehicle (EV) Battery Liquid Cold Plate is continued electrification of the passenger and commercial vehicle fleet combined with higher battery energy capacity and charging power. Global electric car sales exceeded 20 million units in 2025 and represented approximately one-quarter of new car sales, while BEVs accounted for 65% of global electric car sales. EV battery deployment reached approximately 1.2 TWh in 2025, increasing by almost 30% year on year. Higher charging and discharging power produces greater localized thermal loads and increases the importance of minimizing cell-to-cell temperature differences, directly strengthening demand for high-efficiency battery cooling components. Automotive suppliers consequently position cooling plates as enabling technologies for fast charging, battery service life and stable power performance. MAHLE states that its cooling plates maintain homogeneous battery temperature to support fast charging and durability, while Dana emphasizes balanced coolant flow and uniform pack temperature.
Restraints
Electric Vehicle (EV) Battery Liquid Cold Plate remains subject to significant cost and manufacturing constraints. Products are generally customized around vehicle platform, battery dimensions, cell arrangement, coolant routing and connection interfaces, which limits standardization and requires project-specific engineering, tooling and validation. At the same time, cooling plates must meet conflicting requirements for reduced thickness and weight while retaining flatness, pressure resistance, corrosion durability and leak tightness. Production processes can involve aluminum stamping or extrusion, brazing, laser welding, forming, cleaning, surface treatment and full leak inspection, creating substantial equipment and process-control requirements. Large plates further increase the difficulty of maintaining dimensional consistency across broad surfaces and long sealing paths. Competitive pressure from vehicle manufacturers also encourages continuous cost reduction. In addition, alternative concepts such as direct refrigerant cooling and dielectric immersion cooling are being developed for selected high-performance vehicle platforms, creating a longer-term substitution risk for conventional liquid plate cooling in some applications.
Opportunities
The strongest opportunities are associated with high-voltage fast-charging BEVs, large-capacity traction batteries, large cylindrical cells and increasingly integrated CTP, CTB and CTC battery platforms. As cooling requirements rise, suppliers can capture additional value by moving from simple flat cooling plates toward optimized flow-channel designs, integrated manifolds, inter-cell cooling and structurally integrated cooling assemblies. Large cylindrical cells represent a particularly important technology opportunity because curved cell geometry favors serpentine or conformal cooling structures that maximize contact area; BorgWarner’s inter-cell extrusion and Valeo’s corrugated cylindrical-cell cooler demonstrate this direction. Prismatic battery platforms continue to create demand for large-area bottom plates and increasingly for inter-cell solutions where fast charging requires closer thermal contact. Localization is another opportunity: global EV production reached almost 22 million vehicles in 2025, and the expansion of electric vehicle and battery manufacturing outside established production centers is increasing the commercial value of regional engineering and production capability.
Challenges
The principal technical challenge is achieving high heat-transfer performance and cell temperature uniformity without excessive pressure drop, weight, thickness or manufacturing complexity. More aggressive channel geometries can improve cooling but may increase hydraulic resistance and pump energy consumption, while thin structures improve packaging efficiency but make deformation, pressure resistance and long-term mechanical reliability more difficult to control. Electrical insulation becomes particularly important for inter-cell cooling because liquid channels are positioned directly between cells; Dana therefore integrates a dielectric separation layer into its inter-cell plate. Large-format cooling plates face different challenges related to flatness, thermal-interface consistency and leak integrity across extensive surface areas. The rapid evolution of cell dimensions and battery pack architecture also creates commercial risk because vehicle-specific designs and dedicated production tooling may not be easily transferable between projects. Suppliers must therefore combine thermal-fluid simulation, structural engineering, manufacturing yield control and rapid customer-specific development to remain competitive.
Industry Chain Analysis
The upstream Electric Vehicle (EV) Battery Liquid Cold Plate supply chain primarily consists of aluminum brazing sheet, aluminum extrusion and multi-port harmonica tubes, stamped sheet, brazing alloys, manifolds, connectors, seals, insulation materials, thermal interface materials and corrosion-resistant surface treatments. Midstream manufacturing covers thermal-fluid simulation, coolant-channel development, stamping, extrusion, forming, brazing, laser welding or other joining technologies, cleaning, surface treatment, assembly and leak testing. Different processes offer distinct trade-offs: stamped and brazed aluminum supports high-volume flat cooling structures; extrusion provides stable multi-port channels and is suitable for harmonica-tube and inter-cell designs; laser-welded and hybrid structures offer opportunities to reduce process energy, weight and structural complexity. Downstream customers mainly comprise battery pack manufacturers and automotive OEMs producing BEVs, PHEVs, electric buses, trucks and other electrified vehicles. Value creation is increasingly concentrated in thermal simulation, pressure-drop optimization, temperature uniformity, joining reliability, lightweight design and mass-production consistency rather than basic metal processing alone.
Segment Insights
By Type, Stamping Type represents an important mainstream manufacturing route because stamped aluminum plates can form large customized coolant channels and are suitable for high-volume automotive production through brazing and automated assembly. Dana’s conventional Battery Cold Plate uses lightweight stamped aluminum and fluxless brazing, illustrating the commercial maturity of this configuration. Harmonica Tube Type relies on extruded multi-port channels and offers relatively stable channel dimensions, pressure resistance and production efficiency, making it suitable for selected CTM and more integrated battery structures. Inflation Type uses bonded metal sheets that are expanded locally to form internal coolant passages and provides relatively flexible channel layouts with efficient material utilization. Others includes extruded plates, serpentine structures, laser-welded cold plates and metal-plastic hybrid products, which are increasingly relevant where manufacturers seek lower mass, fewer thermal interfaces or greater structural integration.
By Battery Pack Configuration, CTM remains a mature configuration in which Electric Vehicle (EV) Battery Liquid Cold Plate generally operates at module level and benefits from established manufacturing and validation processes. CTP reduces intermediate module structures and tends to increase the size and functional integration of cooling surfaces, while CTB and CTC further connect battery thermal management with vehicle structural packaging. These higher-integration architectures increase requirements for plate dimensions, flatness, structural coordination, flow distribution and interface reduction. By Battery Type, Prismatic Battery remains highly compatible with large flat bottom plates and inter-cell cooling; Cylindrical Battery increasingly uses serpentine, corrugated or conformal cooling to maximize contact with curved cell surfaces; Pouch Battery requires thin, flat cooling structures capable of providing uniform thermal contact and mechanical support. Existing Dana, BorgWarner and Valeo solutions demonstrate the increasing differentiation of cooling architecture by cell geometry.
Downstream Market Opportunities
BEV represents the primary downstream opportunity for Electric Vehicle (EV) Battery Liquid Cold Plate. Battery electric cars accounted for approximately 65% of global electric car sales in 2025, and larger traction batteries combined with increasingly high charging power create substantial thermal-management requirements. BEV platforms therefore provide the strongest demand for large-area, lightweight and high-efficiency cooling plates, particularly as manufacturers increase battery integration and pursue faster charging. PHEV represents another important application because smaller battery packs can experience frequent cycling and relatively high power loads per unit of battery capacity. Battery capacities in PHEVs are also rising in major markets: average PHEV battery size increased by almost 10% in China and around 15% in the European Union in 2025, increasing the relevance of effective liquid thermal management. Beyond passenger cars, electric buses, trucks and specialty vehicles create opportunities for larger and more durable cooling assemblies; electric truck battery demand more than doubled globally in 2025.
Regional Insights
China is the largest underlying demand and manufacturing center for Electric Vehicle (EV) Battery Liquid Cold Plate. More than 13 million electric cars were sold in China in 2025, accounting for roughly six out of ten global electric car sales, while China represented around 60% of global EV battery deployment and more than 80% of global battery cell production. This concentration creates a dense ecosystem of battery manufacturers, automotive OEMs, aluminum processors and thermal-management suppliers and supports rapid development and industrialization of new cooling plate structures. Europe is the second major demand center, with electric car sales reaching approximately 4.2 million units in 2025, up more than 30%, supporting demand for lightweight and advanced thermal-management solutions. North America remains important for large battery packs, cylindrical battery platforms and localized vehicle production, although US electric car sales were broadly stable at around 1.5 million units in 2025. Emerging automotive markets are also expanding, with electric vehicle sales more than doubling in Southeast Asia and increasing approximately 75% in Latin America in 2025.
Competitive Landscape Analysis
The Electric Vehicle (EV) Battery Liquid Cold Plate market shows a moderately concentrated competitive structure. According to this study, MAHLE, Sanhua Automotive, Yinlun, Nabaichuan Holding and Valeo were the five leading manufacturers in 2025 and collectively accounted for 52.46% of global Electric Vehicle (EV) Battery Liquid Cold Plate revenue. Leading suppliers increasingly compete through thermal-fluid engineering, lightweight structure design, advanced joining technology, large-format manufacturing and global automotive qualification rather than component price alone. MAHLE has developed a bionic channel structure that delivers 10% higher cooling capacity and up to 20% lower pressure loss versus its reference design, and in July 2026 began series production of Electric Vehicle (EV) Battery Liquid Cold Plate products at its Montblanc plant in Spain, with potential production peaks of 15,000 units per week. Sanhua Automotive has developed cooling plates with dimensions up to 1.6 m × 2.5 m, while Valeo serves both large prismatic battery packs and cylindrical-cell configurations.
Competition beyond the leading group remains active. Dana offers both conventional stamped Battery Cold Plate and thin inter-cell solutions; BorgWarner has secured automotive programs using extruded inter-cell cooling profiles for cylindrical batteries; Sogefi Group is developing laser-welded extruded, all-aluminum and metal-plastic hybrid cooling plates; and Boyd Corporation combines EV cooling plate engineering with replicated high-volume manufacturing capabilities across North America, Asia Pacific and Europe. These developments indicate that competitive differentiation is moving toward the ability to serve multiple battery architectures and cell formats, participate early in vehicle-platform development, achieve high manufacturing yield and provide regionalized supply. As CTM, CTP, CTB and CTC configurations coexist, suppliers with flexible process portfolios and broad thermal-engineering capabilities are better positioned to address increasingly diversified customer requirements.
Report Scope
This report is a detailed and comprehensive analysis for global Electric Vehicle (EV) Battery Liquid Cold Plates market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electric Vehicle (EV) Battery Liquid Cold Plates market size and forecasts, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (US$/Set), 2021-2032
Global Electric Vehicle (EV) Battery Liquid Cold Plates market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (US$/Set), 2021-2032
Global Electric Vehicle (EV) Battery Liquid Cold Plates market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Sets), and average selling prices (US$/Set), 2021-2032
Global Electric Vehicle (EV) Battery Liquid Cold Plates market shares of main players, shipments in revenue ($ Million), sales quantity (K Sets), and ASP (US$/Set), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electric Vehicle (EV) Battery Liquid Cold Plates
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electric Vehicle (EV) Battery Liquid Cold Plates market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include MAHLE, Sanhua Automotive, Yinlun, Nabaichuan Holding, Valeo, Dana, Hengchuang Thermal Management, XMAX New Energy, BorgWarner, Runthrough Heat Exchange, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Electric Vehicle (EV) Battery Liquid Cold Plates market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market Segmentation
Market segment by Type
Harmonica Tube Type
Stamping Type
Inflation Type
Others
Market segment by Battery Pack Configuration
CTM（Cell To Module）
CTP（Cell To Pack）
CTB（Cell To Body）and CTC（Cell To Chassis）
Market segment by Battery Type
Prismatic Battery
Cylindrical Battery
Pouch Battery
Market segment by Application
BEV (Battery Electric Vehicles)
PHEV (Plug-In Hybrid Electric Vehicles)
Others
Major players covered
MAHLE
Sanhua Automotive
Yinlun
Nabaichuan Holding
Valeo
Dana
Hengchuang Thermal Management
XMAX New Energy
BorgWarner
Runthrough Heat Exchange
Sogefi Group
Boyd Corporation
Modine Manufacturing
Senior Flexonics
Cotran
Shenzhen FRD
Nippon Light Metal
Trumony Aluminum
Hubei Reddit Cooling System
Guangxi Yide Technology
ONEGENE
Huanan Lineng technology
XD THERMAL
KOHSAN
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Chapter Outline
Chapter 1, to describe Electric Vehicle (EV) Battery Liquid Cold Plates product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Vehicle (EV) Battery Liquid Cold Plates, with price, sales quantity, revenue, and global market share of Electric Vehicle (EV) Battery Liquid Cold Plates from 2021 to 2026.
Chapter 3, the Electric Vehicle (EV) Battery Liquid Cold Plates competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Vehicle (EV) Battery Liquid Cold Plates breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Electric Vehicle (EV) Battery Liquid Cold Plates market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Vehicle (EV) Battery Liquid Cold Plates.
Chapter 14 and 15, to describe Electric Vehicle (EV) Battery Liquid Cold Plates sales channel, distributors, customers, research findings and conclusion.