Keeping EV Electronics Cool: Market Growth for Power Electronics Cooling Plates

As electric vehicles (EVs) become more powerful and feature-rich, power electronics—such as inverters, DC/DC converters, and onboard chargers—generate significant heat. Cooling plates, often integrated with liquid-cooling systems, are critical to maintaining optimal operating temperatures, ensuring efficiency, and prolonging component life.
According to Stratview Research, the EV power electronics cooling plates market size was US$ 1.2 billion in 2024 and is likely to grow at a strong CAGR of 10.7% in the long run to reach US$ 2.7 billion in 2031.
Download the sample report here:
Drivers
- Rapid EV Adoption: Higher production volumes driving cooling plate demand.
- Increased Power Density: Smaller, more powerful electronics require advanced thermal management.
- Battery and Inverter Efficiency: Cooling plates help maintain performance under high loads.
- Regulatory Push: Standards for EV safety and reliability encourage better cooling solutions.
Challenges
- Thermal Uniformity: Ensuring consistent temperature control across high-power modules.
- Cost Pressures: OEMs seeking lightweight, low-cost designs.
- Design Complexity: Integration into compact EV powertrains.
Trends
- Lightweight Materials: Use of aluminum alloys and composites.
- 3D Flow Channel Designs: Enhancing heat transfer efficiency.
- Integrated Thermal Systems: Combining cooling plates with battery cooling circuits.
Opportunities
- Premium EV Segment: High-margin demand for advanced cooling.
- Commercial EVs: Heavy-duty applications requiring robust thermal solutions.
- Regional Supply Chains: Localized production to meet OEM needs.
Conclusion
Cooling plates are an essential enabler of EV reliability and performance, with innovation and integration driving market growth.
- Art
- Causes
- Crafts
- Dance
- Drinks
- Film
- Fitness
- Food
- Jogos
- Gardening
- Health
- Início
- Literature
- Music
- Networking
- Outro
- Party
- Religion
- Shopping
- Sports
- Theater
- Wellness