Thermal Management Market: Global Industry Analysis and Forecast (2021-2027), Sales Volume Analysis, Market Price, Market Share, Industry Share, Market Size.

Thermal Management Market size was valued at US$ 8.80 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 8.5% through 2021 to 2027, reaching nearly US$ 15.58 Bn.

Thermal Management Market Overview:

Thermal management is the ability to maintain the temperature of a system using technologies based on thermodynamics and heat transfer. To improve reliability and minimise early failure, all electronic devices and circuitry need thermal management. The rate of temperature output is equal to the power input if there are no other energy exchanges. Thermal management materials are a diverse group of products developed to efficiently dissipate heat in electronic applications. They're composite structures that help components transmit heat efficiently. Within components, these solutions perform a variety of functions. Thermal Management Market To know about the Research Methodology :- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all-important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lock down on the market in 2020 and 2021.

Global Thermal Management Market Dynamics:

The thermal management market is growing due to the rising demand for thermal management solutions and systems in various end-use industries such as healthcare, automotive, and aerospace and military. The increasing use of large and small size, high power devices in the healthcare industry for treatment and analytical applications is driving up demand for thermal management solutions and systems, which is driving the thermal management market forward. These are the major key factors that are expected to drive the growth of the global market during the forecast period 2021-2027. The optimization of cooling system designs to minimize power consumption, weight, and cost, as well as the testing of component designs, are all issues related to cooling system manufacturing. Another major issue encountered during the design of thermal components is lowering the power demands of cooling systems without compromising their performance and reliability. Power dissipation is an important consideration when developing electronic systems. Increasing clock rates and microprocessor transistor counts cause design complexity in cooling system components, hampering the market's growth. Cool chips are a type of active cooling technology that uses chips to cool electronic components in computers and autos. Chips are used to overcome heat dissipation concerns in electronic devices in the intrachip/interchip improved cooling (ICECool) method, for example. This technology is used to create microfluidic embedded systems. These microfluids aid in the early stages of electronic system design by addressing thermal management challenges. This cooling technology can be used to increase the thermal resistance and performance of electronic devices in the design and production of microlevel chips. Thermal Management Market

Global Thermal Management Market Segment Analysis:

Based on the Material, the market is segmented into Adhesive Material, and Non adhesive Material. Non adhesive Material segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. These materials become recharged in parallel with the continually changing environmental temperatures, which makes them excellent for many everyday applications that require temperature management. Based on the Device, the market is segmented into Conduction Cooling Devices, Convection Cooling Devices, Advanced Cooling Devices, and Hybrid Cooling Devices. Convection Cooling Devices segment is expected to hold the largest market share of xx% by 2027. The usage of convection cooling devices in electronic components and circuits is becoming increasingly popular. Using natural and forced convection cooling technologies, these devices help to reduce the peak temperature of various components where they are positioned. The significant market share for these devices in the Asia Pacific region is due to the region's growing consumer electronics market. Thermal Management Market1 Based on the End-Use Industry, the market is segmented into Aerospace & Defense, Automotive, Servers & Data Centers, Consumer Electronics, Enterprises, Healthcare, and Others. Servers & Data Centers segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2027. Thousands of data processing devices, such as servers, switches, and routers, emit huge amounts of energy and heat at data centres. The heat created in these data centres must be effectively drained to avoid a rise in temperature and, as a result, a loss of reliability, resulting in increased maintenance expenses.

Global Thermal Management Market Regional Insights:

Asia Pacific dominates the Global Thermal Management market during the forecast period 2021-2027. Asia Pacific is expected to hold the largest market share of xx% by 2027. The thermal management market in Asia Pacific is driven by the growth of the consumer electronics industry in Asian economies such as China, Japan, South Korea, and India. The region has also emerged as a focal point for leading companies in the thermal management market to increase their investment and business growth capabilities. The region's favourable economic environment and low labour costs are the major drivers of increased business opportunity. In recent years, the region has seen a surge in demand for electric and hybrid automobiles. These are the major factors that drive the growth of this region in the Global market during the forecast period 2021-2027. The objective of the report is to present a comprehensive analysis of the Global Thermal Management Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Thermal Management Market dynamic, structure by analyzing the market segments and project the Global Thermal Management Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Thermal Management Market make the report investor’s guide.

Global Thermal Management Market Scope: Inquire before buying

Global Thermal Management Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 8.80 Bn.
Forecast Period 2021 to 2027 CAGR: 8.5% Market Size in 2027: US $ 15.58 Bn.
Segments Covered: by Material • Adhesive Material • Non adhesive Material
by Device • Conduction Cooling Devices • Convection Cooling Devices • Advanced Cooling Devices • Hybrid Cooling Devices
by End-Use Industry • Aerospace & Defense • Automotive • Servers & Data Centers • Consumer Electronics • Enterprises • Healthcare • Others

Global Thermal Management Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Global Thermal Management Market Key Players

Honeywell International Inc. • Aavid Thermalloy LLC • Vertiv Co • European Thermodynamics Ltd • Master Bond Inc. • Laird PLC • Henkel AG & Company • Delta Electronics, Inc. • Advanced Cooling Technologies, Inc. • Dau Thermal Solutions Inc. • Amerasia International Technology Inc. • Heatex Ab • Lord Corporation • Parker Chomerics • PARKER HANNIFIN CORP • Gentherm • Autoneum Holding AG • AllCell Technologies LLC. • Thermacore, Inc. Frequently Asked Questions: 1] What segments are covered in Global Thermal Management Market report? Ans. The segments covered in Global Thermal Management Market report are based on Material, Device, and End-Use Industry. 2] Which region is expected to hold the highest share in the Global Thermal Management Market? Ans. Asia Pacific is expected to hold the highest share in the Global Thermal Management Market. 3] Who are the top key players in the Global Thermal Management Market? Ans. Honeywell International Inc., Aavid Thermalloy LLC, Vertiv Co, European Thermodynamics Ltd, Master Bond Inc., and Laird PLC are the top key players in the Global Thermal Management Market. 4] Which segment holds the largest market share in the Global Thermal Management market by 2027? Ans. Convection Cooling Devices segment hold the largest market share in the Global Thermal Management market by 2027. 5] What is the market size of the Global Thermal Management market by 2027? Ans. The market size of the Global Thermal Management market is US $15.58 Bn. by 2027. 6] What was the market size of the Global Thermal Management market in 2020? Ans. The market size of the Global Thermal Management market was worth US $8.80 Bn. in 2020.
1. Global Thermal Management Market: Research Methodology 2. Global Thermal Management Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Thermal Management Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Thermal Management Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12 COVID-19 Impact 4. Global Thermal Management Market Segmentation 4.1 Global Thermal Management Market, by Material (2020-2027) • Adhesive Material • Non adhesive Material 4.2 Global Thermal Management Market, by Device (2020-2027) • Conduction Cooling Devices • Convection Cooling Devices • Advanced Cooling Devices • Hybrid Cooling Devices 4.3 Global Thermal Management Market, by End-Use Industry (2020-2027) • Aerospace & Defense • Automotive • Servers & Data Centers • Consumer Electronics • Enterprises • Healthcare • Others 5. North America Thermal Management Market (2020-2027) 5.1 Global Thermal Management Market, by Material (2020-2027) • Adhesive Material • Non adhesive Material 5.2 Global Thermal Management Market, by Device (2020-2027) • Conduction Cooling Devices • Convection Cooling Devices • Advanced Cooling Devices • Hybrid Cooling Devices 5.3 Global Thermal Management Market, by End-Use Industry (2020-2027) • Aerospace & Defense • Automotive • Servers & Data Centers • Consumer Electronics • Enterprises • Healthcare • Others 5.4 North America Thermal Management Market, by Country (2020-2027) • United States • Canada • Mexico 6. Asia Pacific Thermal Management Market (2020-2027) 6.1. Asia Pacific Thermal Management Market, by Material (2020-2027) 6.2. Asia Pacific Thermal Management Market, by Device (2020-2027) 6.3. Asia Pacific Thermal Management Market, by End-Use Industry (2020-2027) 6.4. Asia Pacific Thermal Management Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Thermal Management Market (2020-2027) 7.1 Middle East and Africa Thermal Management Market, by Material (2020-2027) 7.2. Middle East and Africa Thermal Management Market, by Device (2020-2027) 7.3. Middle East and Africa Thermal Management Market, by End-Use Industry (2020-2027) 7.4. Middle East and Africa Thermal Management Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Thermal Management Market (2020-2027) 8.1. Latin America Thermal Management Market, by Material (2020-2027) 8.2. Latin America Thermal Management Market, by Device (2020-2027) 8.3. Latin America Thermal Management Market, by End-Use Industry (2020-2027) 8.4. Latin America Thermal Management Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 9. European Thermal Management Market (2020-2027) 9.1. European Thermal Management Market, by Material (2020-2027) 9.2. European Thermal Management Market, by Device (2020-2027) 9.3. European Thermal Management Market, by End-Use Industry (2020-2027) 9.4. European Thermal Management Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1. Honeywell International, Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Aavid Thermalloy LLC 10.3. Vertiv Co 10.4. European Thermodynamics Ltd 10.5. Master Bond Inc. 10.6. Laird PLC 10.7. Henkel AG & Company 10.8. Delta Electronics, Inc. 10.9. Advanced Cooling Technologies, Inc. 10.10. Dau Thermal Solutions Inc. 10.11. Amerasia International Technology Inc. 10.12. Heatex Ab 10.13. Lord Corporation 10.14. Parker Chomerics 10.15. PARKER HANNIFIN CORP 10.16. Gentherm 10.17. Autoneum Holding AG 10.18. AllCell Technologies LLC. 10.19. Thermacore, Inc.

About This Report

Report ID 11222
Category Electronics
Published Date Nov 2019
Updated Date Nov 2021
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