The Global Thermal Management Market was valued at USD 8.79 billion in 2017 and is projected to reach USD 17.35 billion by 2025, growing at a CAGR of 7.44% from 2018 to 2025. The report includes data that can help businesses in handling issue with ease and provides detailed qualitative and quantitative details concerning to the market elements that administration are interested in.
Global Thermal Management Market Analysis
According to Verified Market Intelligence,
What is Thermal Management?
Electronic devices and circuitry often generate excess heat. This excess heat therefore requires thermal management in order to be able to prevent failures and therefore improve reliability.
There are several techniques in order to be able to carry out thermal management which include various devices such as conduction cooling devices, convection cooling devices, advanced cooling devices and hybrid cooling devices.
Thermal management can be carried out for applications such as consumer electronics, servers and data centers, automotive, aerospace and defense and more.
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Global Thermal Management Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Factors such as the rising demand for thermal management in consumer management and the growing applications for thermal management in electronics are driving the market. Factors such as the complexities in the design of the components that are used for thermal management is restraining the growth of the thermal management market.
Verified Market Intelligence narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client.
The “Global Thermal Management Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Thermal Management Market Competitive Landscape
The “Global Thermal Management Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Honeywell International Inc., Aavid Thermalloy LLC., Vertiv Co., European Thermodynamics Ltd., Master Bond Inc., Laird PLC, Henkel AG & Company, KGaA, Delta Electronics, Inc., Advanced Cooling Technologies, Inc. and Dau Thermal Solutions Inc. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
Global Thermal Management Market, By Material Type
- • Adhesive Materials
• Nonadhesive Materials
Global Thermal Management Market, By Device
- • Conduction Cooling Devices
• Convection Cooling Devices
• Advanced Cooling Devices
• Hybrid Cooling Devices
Global Thermal Management Market, By End-Use Application
- • Consumer Electronics
• Servers and Data Centers
• Aerospace and Defense
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Global Thermal Management Market Geographic Scope
- • North America
o Rest of Europe
• Asia Pacific
o Rest of Asia Pacific
• Latin America
• Rest of the World
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