Thermal Management Market Challenges, Drivers, Outlook, Growth Opportunities - Analysis to 2029
The Thermal Management Market size was valued at US$ 10.35 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 8.5% through 2023 to 2029, reaching nearly US$ 18.32 Bn.
Thermal Management Market Overview:
The Thermal Management market study may be tailored to include price trend analysis of target brands, market knowledge for other countries (ask for a list), clinical trial findings in data, literature research, refurbished market and product base analysis, and other services. Technology-based research to market portfolio strategies are examples of target rival market analysis. We may include as many rivals as you require in the format and data type of your choosing.
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Market Scope:
The Thermal Management market research report offers insights into each of the top Thermal Management Market end users, as well as annual forecasts through 2027. The analysis estimates the revenue, sales, and growth rate of the global Thermal Management Market.
Segmentation:
by End-Use
Industry Aerospace & Defense
Automotive
Servers & Data Centers
Consumer Electronics
Enterprises
Healthcare
Others
The market is divided into Aerospace & Defence, Automotive, Servers & Data Centres, Consumer Electronics, Enterprises, Healthcare, and Others based on the end-use industry. The servers and data centres segment is anticipated to expand quickly between 2022 and 2029 at a CAGR. At data centres, thousands of computers, switches, and routers generate enormous amounts of heat and energy. To prevent a rise in temperature and, consequently, a loss of reliability, which would increase maintenance costs, the heat generated in these data centres must be adequately drained.
Global Thermal Management Market, by Material (2022-2029)
• Adhesive Material
• Non adhesive Material
Global Thermal Management Market, by Device (2022-2029)
• Conduction Cooling Devices
• Convection Cooling Devices
• Advanced Cooling Devices
• Hybrid Cooling Devices
Global Thermal Management Market, by End-Use Industry (2022-2029)
• Aerospace & Defense
• Automotive
• Servers & Data Centers
• Consumer Electronics
• Enterprises
• Healthcare
• Others
Key Players: the key players are
1. Honeywell International Inc.
2. Aavid Thermalloy LLC
3. Vertiv Co
4. European Thermodynamics Ltd
5. Master Bond Inc.
6. Laird PLC
7. Henkel AG & Company
8. Delta Electronics, Inc.
9. Advanced Cooling Technologies, Inc.
10. Dau Thermal Solutions Inc.
11. Amerasia International Technology Inc.
12. Heatex Ab
13. Lord Corporation
14. Parker Chomerics
15. PARKER HANNIFIN CORP
16. Gentherm
17. Autoneum Holding AG
18. AllCell Technologies LLC.
19. Thermacore, Inc.
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Regional Analysis:
Individual market influencing variables and changes in market laws that affect present and future market trends are also included in the regional segment of the Thermal Management market study. Consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material pricing, and downstream and upstream value chain analysis are some of the primary factors utilized to anticipate market conditions for individual nations.
COVID-19 Impact Analysis on Thermal Management Market:
The report also includes COVID-19 impact on Thermal Management market.
Key Questions Answered in the Thermal Management Market Report are:
- What will be the CAGR of the Thermal Management market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Thermal Management market in 2020?
- Which are the key players in the Thermal Management market?
- What key trends are likely to emerge in the Thermal Management market in the forecast period?
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