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EV Battery Thermal Management System Market to Grow by USD 46.9 Billion from 2024-2028, Driven by Rising EV Demand and Applications–Powered by AI

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NEW YORK, Oct. 7, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global electric vehicle battery thermal management system (EV BTMS) market  size is estimated to grow by USD 46.9 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  47.99%  during the forecast period.  Increasing demand for evs and their expanded applications is driving market growth, with a trend towards advances in thermal management technology: PCM and GIHP.  However, high capital and maintenance cost  poses a challenge. Key market players include BMS Powersafe, Dana Inc., Dober, DuPont de Nemours Inc., Eberspacher Gruppe GmbH and Co.KG, Ewert Energy Systems Inc., Exponential Power Inc., Gentherm Inc., Hanon Systems, Infineon Technologies AG, Leclanche SA, Lithium Balance AS, MAHLE GmbH, Renesas Electronics Corp., Robert Bosch GmbH, STMicroelectronics International N.V., Texas Instruments Inc., Turntide Technologies Inc., Valeo SA, and VOSS Automotive GmbH.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Battery Type (Li-ion, Lead-acid, and Others), Vehicle Type (Passenger vehicle and Commercial vehicle), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

BMS Powersafe, Dana Inc., Dober, DuPont de Nemours Inc., Eberspacher Gruppe GmbH and Co.KG, Ewert Energy Systems Inc., Exponential Power Inc., Gentherm Inc., Hanon Systems, Infineon Technologies AG, Leclanche SA, Lithium Balance AS, MAHLE GmbH, Renesas Electronics Corp., Robert Bosch GmbH, STMicroelectronics International N.V., Texas Instruments Inc., Turntide Technologies Inc., Valeo SA, and VOSS Automotive GmbH

Key Market Trends Fueling Growth

The Electric Vehicle (EV) battery thermal management system (BTMS) market is experiencing significant growth due to the introduction of high-density batteries and fast chargers in the EV market. These advancements have led to increased heat generation in battery packs, as high-density batteries occupy less space and have minimal surface area for heat dissipation. Fast chargers also rapidly fill battery capacity, generating more heat. To address these challenges, DX EV BTMS is being adopted, while research and development continue to introduce new technologies. The upcoming trends in EV BTMS are phase change materials (PCM) and gas injection heat pump (GIHP) systems. PCM absorbs heat quickly and uses it to change its internal structure, acting as an alternative to passive air cooling for small battery packs. Conventional heaters, such as PTC heaters, have been replaced by heat pumps, which improve battery capacity by 12% in cold climates. GIHP, which uses a gas injector to push refrigerant to the compressor, shared with the AC in the EV, achieves 26% improved efficiency in city driving conditions and consumes 30% less energy to heat from -20°C to 0°C. These factors are expected to drive the growth of the global EV BTMS market during the forecast period. 

The Electric Vehicle (EV) Battery Thermal Management System (BTMS) market is experiencing significant growth, driven by the increasing popularity of EVs in both the passenger car and commercial vehicle sectors. Key players in the market include Continental, LG Chem, and Gentherm. New trends include the use of solid-state batteries and nanotechnology for improved efficiency and temperature management. Lithium-ion batteries are the heart of EVs, and maintaining their temperature is crucial for optimal performance and longevity. OEMs like Tesla Motors, Chevrolet, and others are investing in advanced BTMS to enhance vehicle range, reduce charging time, and improve consumer comfort through features like smart windows and seat comfort. Industrial products and the BEV segment are major contributors to the market’s growth. HEVs, PHEVs, and FCVs also benefit from BTMS, as they require temperature management for their batteries as well. Government subsidies, improving charging infrastructure, and consumer awareness are also boosting market growth. Battery capacity, temperature control, and battery prices are key factors influencing the market. As vehicle sales increase and living standards improve, spending capacity for electric vehicles also rises. CO2 emission norms and the push towards reducing carbon emissions further fuel the demand for EVs and their BTMS. The market includes various components like electric drive, inverter, converter modules, and the electric thermal module. Belt Starter Generators and other electronic components are also essential for effective BTMS. The future of the EV BTMS market looks promising, with advancements in technology and increasing consumer acceptance of electric vehicles. 

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Market Challenges

The global Electric Vehicle Battery Thermal Management System (EV BTMS) market faces significant challenges due to high capital expenditures for battery installation and BMS solutions implementation. Each battery cell in the pack necessitates monitoring through a Battery Management System (BMS), requiring complete integration. The increasing power demands in the automotive sector necessitate high reliability, as a single cell failure can lead to system failure. The EV BTMS technology’s high initial cost for research, development, battery integration, and vehicle onboard unit integration through sensors and software is a significant barrier for small- and medium-sized vendors. Additionally, high maintenance costs from the end-user side to keep the BMS active can result in incorrect outputs and potential battery harm due to various electronic units and sensors. These factors are expected to hinder the growth of the global EV BTMS market during the forecast period.The Electric Vehicle (EV) battery thermal management system (BTMS) market is witnessing significant growth due to the increasing adoption of electric vehicles (EVs) by automakers. Tata Motors’ Nexon EV, for instance, utilizes BTMS to manage battery heat, ensuring optimal performance and longevity. However, challenges persist, such as aging rate and battery module life in high-power applications. Fires or explosions due to thermal runaway remain a concern, as seen in the Tesla car fire incident. Cold weather and impedance also impact battery performance. New technologies, like solid-state batteries from startups like Solid Power, offer high energy efficiency and a high power-to-weight ratio, as well as low self-discharge. These advancements aim to address the challenges of conventional lithium-ion batteries, which include heat dissipation and raw material availability. The BTMS market requires a supplier-buyer network and in-depth analysis of components, including battery type (BEV, PHEV, HEV), propulsion type, and technology. Quantitative analysis of challenges, such as aging rate and battery module life, is crucial for ensuring CO2 emissions reduction and maintaining battery life. CHAdeMO and PCM are key players in this market, providing charging solutions and thermal management components, respectively.

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Segment Overview 

This electric vehicle battery thermal management system (ev btms) market report extensively covers market segmentation by

Battery Type1.1 Li-ion1.2 Lead-acid1.3 OthersVehicle Type2.1 Passenger vehicle2.2 Commercial vehicleGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Li-ion-  The Li-ion (lithium-ion) batteries segment is poised for significant growth in the Electric Vehicle Battery Thermal Management System (EV BTMS) market due to the escalating demand for Li-ion batteries in the EV industry. With the declining price of battery technology and mass production, Li-ion batteries have become the preferred choice for EV manufacturers. These batteries, which belong to the family of lithium-metal chemistries, are manufactured using various combinations of anode and cathode materials, such as lithium-nickel-cobalt-aluminum oxide (NCA), lithium-nickel-manganese-cobalt (NCM or NMC), lithium-manganese spinel (LMO), lithium titanate (LTO), and lithium iron phosphate (LFP). Each cathode combination offers distinct safety, cost, and performance characteristics. Li-ion batteries are favored for their higher current density, longer power-holding capacity, longer shelf life, smaller and lighter size, and minimal maintenance requirements compared to other battery technologies. The batteries’ long life and lack of maintenance reduce downtime for EVs. Li-ion batteries are available in cylindrical, prismatic, and laminate shapes, each with unique characteristics, enabling customized battery packs based on end-user requirements. Thermal management solutions for Li-ion batteries must address high voltage, temperature, current, and battery state of charge (SoC) management. These factors are expected to fuel the expansion of the Li-ion batteries segment in the global EV BTMS market.

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Research Analysis

The Electric Vehicle (EV) Battery Thermal Management System (BTMS) market is a critical component in the growing EV industry, focusing on regulating the temperature of Lithium-ion batteries in various propulsion types, including BEVs, HEVs, FCVs, and PHEVs. BTMS ensures optimal battery performance, longevity, and safety under diverse climatic conditions. The system uses passive components like Phase Change Materials (PCMs) and active cooling techniques to manage temperature. CO2 emissions are significantly reduced as EVs emit zero tailpipe emissions. Consumer awareness, subsidies, charging infrastructure, battery prices, and vehicle range are essential factors influencing the market’s growth. Charging time and super-fast chargers are also crucial considerations. The risk of explosion is minimized through effective temperature regulation. The market comprises cells, battery modules, and ventilation systems. Regulation of temperature is crucial for battery power, longevity, and passenger vehicle applications.

Market Research Overview

The Electric Vehicle (EV) market is experiencing significant growth with the increasing adoption of Lithium-ion batteries as the primary power source. EVs, including Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs), and Hybrid Electric Vehicles (HEVs), require advanced thermal management systems (TMS) to maintain optimal battery temperature. TMS plays a crucial role in extending battery life by preventing overheating and ensuring efficient energy usage. The system uses Passive Thermal Management Components (PTCs) like Phase Change Materials (PCMs) and active cooling systems to manage temperature. EV battery thermal management is essential for reducing CO2 emissions, as automakers strive to meet stricter emission norms. The market for EV TMS is driven by the increasing sales of passenger cars and commercial vehicles, rising consumer awareness, and government subsidies. The market comprises various components, including cooling systems, electronic components like inverters and converter modules, and conventional cooling systems like air cooling and liquid cooling. The technology used in TMS includes nanotechnology, smart windows, and solid-state cooling. Battery capacity, temperature, and power consumption are significant factors influencing the design and cost of TMS. The market is expected to grow as the automotive industry shifts towards electric propulsion types like BEVs, PHEVs, and HEVs. The use of advanced cooling systems, power consumption optimization, and cost reduction through the use of lightweight materials are key trends in the market. However, challenges like thermal design, flow channels, coolant model and flow, power requirements, and reliability must be addressed to ensure the safety and efficiency of EV TMS. The market for EV TMS is expected to grow significantly due to the increasing demand for electric vehicles, advancements in technology, and the need to reduce carbon emissions. The market is competitive, with various players offering innovative solutions to meet the demands of the industry.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Battery TypeLi-ionLead-acidOthersVehicle TypePassenger VehicleCommercial VehicleGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Youdao Dictionary Pen Unveils at CES 2025, Showcasing Cutting-Edge AI Innovations and Applications in Education

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January 10, 2025

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LAS VEGAS, Jan. 10, 2025 /PRNewswire/ — Youdao, a leading intelligent learning company in China, is showcasing its AI-equipped smart device, the Youdao Dictionary Pen X7 series, at the International Consumer Electronics Show (CES 2025).This event showcases the strength of ‘Chinese AI’ in the field of educational technology to a global audience.

The Youdao booth attracted significant attention at the exhibition. The showcased Youdao Dictionary Pen X7 series features proprietary applications, including Hi Echo and Mr. P AI Tutor, which are based on the ‘Zi Yue’ educational large language model. It also provides offline translation capabilities through an edge-side large language model, drawing many users to experience the products.

During the exhibition, Youdao was invited to participate in the Microsoft Greater China offline event at CES 2025. Renlei Liu, Senior Vice President of Youdao, attended a high-level roundtable discussion. Alongside representatives from tech companies such as Microsoft, TCL, Lenovo, and TimeKettle, they explored AI innovation and the globalization of consumer electronics in China.

Renlei Liu stated that large language models possess exceptional natural language processing and interaction capabilities. Leveraging its extensive experience in the language and learning sectors, Youdao launched China’s first educational large language model, ‘Zi Yue’, in 2023. Based on this model, Youdao upgraded all of its software and hardware products and introduced a series of proprietary educational applications, including the digital human language coach, AI Document Q&A, and transcription services for international students.

Renlei Liu said, ‘We believe that before the emergence of truly super applications based on large language models, various companies are exploring vertical fields and specific scenarios, much like the early days of China’s mobile internet, when killer applications had not yet emerged and internet companies were innovating within vertical scenarios. There are many similarities between the era of large models and the mobile internet era, and we are actively experimenting as well’.

Youdao has also applied the reasoning and knowledge Q&A capabilities of the large language model to academic learning scenarios, launching the AI comprehensive inquiry learning assistant, Mr. P AI Tutor. It integrates the large language model and RAG (Retrieval-Augmented Generation) technology, enhancing the AI’s understanding of subject knowledge and the quality of its outputs. It offers guided explanations, multi-turn interactive heuristic teaching, and comprehensive Q&A support across all grades and subjects, addressing many issues in home tutoring scenarios.

Renlei Liu stated that Youdao is actively promoting the application of the “Zi Yue” educational large language model in various scenarios and has conducted a comprehensive AI upgrade of its business products to better meet users’ learning needs. As a result, Youdao’s AI subscription service has achieved rapid growth for seven consecutive quarters.

With the continuous development of large language model applications, improving the efficiency of AI research and development and application has become a key factor in industry competition. In response, Youdao has proposed a solution to harness the capabilities of smaller model applications. Renlei Liu pointed out that general large language models often aim for “large and comprehensive,” but the expansion of model size also leads to increased training and operational costs. For specific scenarios and tasks that require quick response times, using smaller models on the edge can facilitate more effective targeted training, enhance precision, and provide a better user experience.

The AI dictionary pen, equipped with a dedicated educational model can provide high-quality content and functional services, ensuring that it remains focused on learning purposes and is not used for entertainment or other applications. At the same time, by utilizing a smaller model on the edge for localized operation, it supports offline use, thereby avoiding disruptions from the network environment.

Renlei Liu stated that smaller models focus on high-quality vertical applications, which can continuously enhance user experience and build professional technical advantages through flexible and efficient training and iteration. Exploring the application of edge models in more specific scenarios is an important direction for Youdao’s development in AI technology.

In fact, Youdao has already made significant progress in the exploration of edge models. Based on its self-developed “Zi Yue” educational large language model, Youdao has developed the industry’s first edge large language model and applied it to the newly launched X7 series of dictionary pens. This dictionary pen features offline large language model translation capabilities, achieving translation results comparable to those of online NMT (Neural Machine Translation), greatly enhancing the accuracy and fluency of language learning.

As a star product in Youdao’s smart devices lineup, the Youdao Dictionary Pen X7 series has truly become an AI large language model dictionary pen. It is equipped with two proprietary applications of the first educational large language model, “Zi Yue” in China: the AI All-Subject Tutor, Mr. P AI Tutor, and the digital human language coach, Hi Echo, while also providing AI intelligent learning features such as AI essay refinement.

The Youdao Dictionary Pen X7 received an enthusiastic response from users upon its launch. It quickly became the best-selling product in the thousand-yuan price range, surpassing 30,000 units sold. During the 2024 Nov 11th Shopping Festival in China, the Youdao Dictionary Pen X7 Pro topped several industry rankings on major e-commerce platforms, marking the fifth consecutive year that Youdao dictionary pens have held the top position for sales in the same category across both JD.com and Tmall.

This time, Youdao showcased the Dictionary Pen X7 series at CES 2025, receiving widespread recognition on an international stage.

Focusing on AI + education, Youdao will continue to increase its investment in the research and development of edge model applications, promoting the implementation of large language models in more educational scenarios to provide learners with a better learning experience through efficient educational products.

About Youdao, Inc. 

Youdao, Inc. (NYSE: DAO) is a leading intelligent learning company in China focused on using technology to provide educational content, applications, and solutions for learners of all ages. Founded in 2006 as part of NetEase, Inc. (NASDAQ: NTES; HKEX: 9999), Youdao offers a wide range of online courses, interactive learning apps, and smart learning devices.

For more information, please visit: http://ir.youdao.com & https://smart.youdao.com/en/.

CONTACT: youdaopr@rd.netease.com  

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HTX 2025 Outlook: Five Sectors to Look Forward to, and How Trump’s Policy Will Affect Crypto Industry

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January 10, 2025

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SINGAPORE, Jan. 10, 2025 /PRNewswire/ — The year 2024 marks a significant chapter in the history of the crypto industry, where we witnessed continuous breakthroughs in blockchain technology, surges in Bitcoin price, and a gradually more open regulatory environment, with cryptocurrencies gaining increasing recognition from the mainstream. As 2025 unfolds, HTX, the world’s leading digital asset exchange, has released its latest report, HTX 2024 Global Web3 Blockchain Ecosystem Review and 2025 Outlook, which provides forward-looking insights into the development prospects of the crypto industry.

Key Sectors for 2025

In the report, HTX highlighted five key sectors that showed encouraging progress last year, and will continue to closely monitor these areas in 2025.

Bitcoin Ecosystem

In 2024, Bitcoin‘s market dominance kept increasing, solidifying its position as the core asset, with spot ETFs acting as liquidity channels, and U.S. listed companies such as MicroStrategy (MSTR) serving as the vehicles to absorb unlimited dollar liquidity.

As a result, it is increasingly essential to further develop Bitcoin‘s ecosystem and enhance capital utilization efficiency. With strong support from macro markets and infrastructure support, a further surge in Bitcoin demand over the next two years is well-anticipated.

Infrastructure

Infrastructure remained a cornerstone in 2024’s crypto investments and funding. The synergy between capital and technology has driven the rapid development of Layer 1, Layer 2,  and middleware projects, among others.

Layer 1 solutions, in particular, now represent the focal point of technical development and exploration within the crypto space, and it is expected to remain a priority for development resources and capital investment in the future.

Meme Coins

The Meme coin sector emerged as a hotspot in 2024, fostering community consensus while integrating with fields like DeFi and GameFi to create new use cases. As the crypto market environment grows increasingly favorable, more retail investors are expected to enter the market, positioning Meme projects as vital channels for capital inflows.

AI

In 2024, the intersection of Crypto and AI sector has been driving the exploration of several segmented fields, the hottest one of which is AI agents. In the future, AI agents will gradually become personal butlers and assistants for users, serving them with comprehensive capabilities. Over time, they may develop unique cultures and religions.

This deep integration of AI and encryption technology is a groundbreaking evolution that is unattainable within Web2 and cannot be achieved by Web3 relying solely on encryption technology.

TON Ecosystem

Attributable to Telegram’s hundreds of millions of users and robust technical support, the TON ecosystem achieved significant milestones in various fields, pioneering the monetization of Web2 social applications through crypto. Moving into 2025, it needs to explore and find new business models to improve user retention and identify its next growth curve.

Donald Trump Effect: Bitcoin Strategic Reserve Worth Anticipating

The report also discusses the potential impact of crypto-friendly policies that could arise after Donald Trump takes office. Two important bills, the FIT21 Act and the Bitcoin Strategic Reserve Act, are likely to pass more quickly thanks to him.

The FIT21 Act aims to create a clear legal framework for token issuance and trading by classifying tokens as digital assets or digital commodities, transferring the regulatory responsibilities of many blockchain projects from the SEC to the CFTC, and introducing a safe harbor mechanism. This would help standardize and promote the healthy growth of the entire industry.

The Bitcoin Strategic Reserve Act, aligning with Trump’s campaign promises, if passed, would mark Bitcoin‘s transition from a niche asset to a nationally recognized reserve asset, greatly enhancing its legitimacy and recognition. It may also prompt other countries to adopt similar measures to further advance Bitcoin‘s global recognition and application.

The Act was submitted to Congress for deliberation on August 4, 2024, and referred to the Senate Banking Committee for review. Trump is well-positioned to push this bill through. Meanwhile, several U.S. states have already proposed their own Bitcoin Strategic Reserve bills. By 2025, Bitcoin as a strategic reserve may become a reality.

Additionally, under Trump’s presidency, the SAB121 Act is likely to be repealed, allowing traditional financial institutions to hold cryptocurrencies on their balance sheets, further accelerating the institutionalization of crypto assets and contributing to the overall maturity of the crypto market. The SEC’s application criteria of the Howey Test may also be relaxed, increasing the likelihood of more spot crypto ETFs being approved and more public listings of crypto companies.

Meanwhile, the report also provides a comprehensive summary of 2024, looking back on the key events that had a major impact on the crypto industry while summing up what HTX had achieved over the last year.

To learn more, please visit: https://square.htx.com/htx-2024-global-web3-blockchain-ecosystem-review-and-2025-outlook/ 

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services.

Our growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide.

Contact Details

Ruder Finn Asia
htx@ruderfinn.com 

Company Website
https://www.htx.com

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ZWSOFT 2024 Year in Review: Empowering Sustainable Innovation

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January 10, 2025

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GUANGZHOU, China, Jan. 10, 2025 /PRNewswire/ — 2024 marked a transformative year for ZWSOFT, driven by its new mission: Empowering Sustainable Innovation. The ZWSOFT team took significant steps to drive innovation, foster collaboration, and deliver lasting value for customers, partners, and the global community.

From refining its all-in-one CAx solutions to fostering a thriving global ecosystem and nurturing talents, 2024 was a year of significant achievements and meaningful impact.

Refining All-in-One CAx Solutions for Global Professionals

In 2024, ZWSOFT unveiled the latest generation of its flagship products: ZWCAD 2025, ZW3D 2025, ZWCAD MFG 2025, PHOENICS 2025, and CADbro 2025. These releases introduced 45+ new features and 3,800+ enhancements, including powerful 3D capabilities, motion simulation, and AI-driven tools—all designed to deliver exceptional performance and empower professionals across industries.

These enhancements empower over 1.4 million users across 90+ countries, contributing to a 97.4% customer satisfaction rate in the company’s annual customer satisfaction survey. Throughout 2024, ZWCAD consistently earned recognition as a Leader and ranked among the top five in G2’s General-Purpose CAD category, solidifying its reputation as a reliable choice for designers and engineers worldwide.

Building Win-Win Partnerships for Greater Impact

ZWSOFT continued to build a vibrant global ecosystem based on collaboration, innovation, and shared success. The company’s flagship conference, ZWorld 2024, and prominent industry events such as Hannover Messe provided valuable platforms to connect with professionals worldwide and exchange insights on sustainable solutions for the AEC and manufacturing industries.

ZWSOFT further strengthened its global presence with five ZCON events held in Indonesia, Saudi Arabia, United Arab Emirates, Japan, and Vietnam, fostering stronger partnerships and unlocking new growth opportunities in key markets.

Collaboration remains at the core of ZWSOFT’s ecosystem. In 2024, the company partnered with over 260 global developers to deliver 300+ third-party applications and 430+ industry-specific solutions, tailored to address the unique needs of professionals across various industries.

Empowering Talents for a Sustainable Future

ZWSOFT’s commitment to nurturing future professionals and fostering innovation remained strong in 2024. The company collaborated with eight universities, providing software, equipment, and scholarships to support students and educators. The 2024 ZWSOFT CAD Competition attracted over 7,000 participants from 700+ universities, inspiring the next generation of designers and engineers.

ZWSOFT also continued to invest in its global workforce by launching the Overseas New Employee Training Program to help new team members integrate and thrive. Additionally, the company celebrated its people-first culture through ZWSOFT Family Day, bringing employees and their families together to foster a sense of community and recognize their contributions.

As 2025 begins, ZWSOFT remains committed to its mission of empowering sustainable innovation for businesses and individuals worldwide. With the strong foundation built in 2024, the company is poised to drive further progress, strengthen partnerships, and create a more sustainable future alongside its customers, partners, and employees.

Visit ZWSOFT’s 2024 Year in Review to learn more about the milestones that shaped an exceptional year.

About ZWSOFT

ZWSOFT aims to provide reliable all-in-one CAx (CAD/CAE/CAM) solutions for designers and engineers worldwide and enables them to streamline complex design workflows at a fair and reasonable price. Since ZWSOFT’s inception in 1998, over 1.4 million customers from more than 90 countries have chosen our products and solutions to solve their design challenges. Among the list are the world’s most innovative companies across various industries, including Saint-Gobain, LG, and Ericsson.

Website: https://www.zwsoft.com/ 

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SOURCE ZWSOFT CO., LTD. (Guangzhou)

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