This report studies the Thermal Management market, Thermal management is the ability to control the temperature and noise level of a system by means of technology based on thermodynamics and heat transfer. Advancements in the electronics industry have led to an increased need for innovative thermal management technologies to improve the system performance and reliability by removing high heat flux generated in the electronic devices.
In application, Thermal Management downstream is wide and recently Thermal Management has acquired increasing significance in various fields of Automotive, Aerospace and Defense, Servers and Data Centers, Consumer Electronics and others. Globally, the Thermal Management market is mainly driven by growing demand for Automotive which accounts for nearly 85% of total downstream consumption of Thermal Management.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Thermal Management production will show a trend of steady growth. In 2024 the production of Thermal Management is estimated to be 133958 K Units.
According to this study, over the next five years the Thermal Management market will register a 5.0% CAGR in terms of revenue, the global market size will reach US$ 69600 million by 2024, from US$ 52000 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Thermal Management business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Management market by product type, application, key manufacturers and key regions and countries.
This study considers the Thermal Management value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Conduction Cooling Devices
Convection Cooling Devices
Hybrid Cooling Devices
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Aerospace and Defense
Servers and Data Centers
Consumer Electronics
Medical Equipment
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DENSO
Valeo
MAHLE
Hanon Systems
Honeywell
Vertiv
Gentherm
Delta
Laird
Boyd Corporation
Heatex
European Thermodynamics
Advanced Cooling Technologies
Dau Thermal Solutions
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Thermal Management consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Thermal Management market by identifying its various subsegments.
Focuses on the key global Thermal Management manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Thermal Management with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Thermal Management submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Thermal Management. Industry analysis & Market Report on Thermal Management is a syndicated market report, published as Global Thermal Management Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Thermal Management market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.