Global Thermal Management Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Thermal Management Market Size, Manufacturers, Opportunities and Forecast to 2030


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.

According to APO Research, The global Thermal Management market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Thermal Management key players include DENSO, Valeo, MAHLE, Hanon Systems, etc. Global top four manufacturers hold a share about 55%.

China is the largest market, with a share over 25%, followed by United States and EU, both have a share over 40 percent.

In terms of product, Conduction Cooling Devices is the largest segment, with a share about 40%. And in terms of application, the largest application is Automotive, followed by Aerospace and Defense, Servers and Data Centers, Consumer Electronics, Medical Equipment, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Thermal Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermal Management.

The Thermal Management market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermal Management market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, gross margin by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

DENSO
Valeo
MAHLE
Hanon Systems
Honeywell
Vertiv
Gentherm
Delta
Laird
Boyd Corporation
Heatex
European Thermodynamics
Advanced Cooling Technologies
Dau Thermal Solutions

Thermal Management segment by Type

Conduction Cooling Devices
Convection Cooling Devices
Hybrid Cooling Devices
Others

Thermal Management segment by Application

Automotive
Aerospace and Defense
Servers and Data Centers
Consumer Electronics
Medical Equipment
Others

Thermal Management Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Thermal Management market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Thermal Management and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Thermal Management.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2019-2024, 2025-2030). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Thermal Management companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
Chapter 12: Concluding Insights of the report


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.3 Global Thermal Management Market Size Overview by Region 20
19 VS 2023 VS 2030
1.4 Global Thermal Management Market Size by Region (2019-2030)
1.4.1 Global Thermal Management Market Size by Region (2019-2024)
1.4.2 Global Thermal Management Market Size by Region (2025-2030)
1.5 Key Regions Thermal Management Market Size (2019-2030)
1.5.1 North America Thermal Management Market Size Growth Rate (2019-2030)
1.5.2 Europe Thermal Management Market Size Growth Rate (2019-2030)
1.5.3 Asia-Pacific Thermal Management Market Size Growth Rate (2019-2030)
1.5.4 Latin America Thermal Management Market Size Growth Rate (2019-2030)
1.5.5 Middle East & Africa Thermal Management Market Size Growth Rate (2019-2030)
2 Thermal Management Market by Type
2.1 Type Introduction
2.1.1 Conduction Cooling Devices
2.1.2 Convection Cooling Devices
2.1.3 Hybrid Cooling Devices
2.1.4 Others
2.2 Global Thermal Management Market Size by Type
2.2.1 Global Thermal Management Market Size Overview by Type (2019-2030)
2.2.2 Global Thermal Management Historic Market Size Review by Type (2019-2024)
2.2.3 Global Thermal Management Market Size Forecasted by Type (2025-2030)
2.3 Global Thermal Management Market Size by Regions
2.3.1 North America Thermal Management Market Size Breakdown by Type (2019-2024)
2.3.2 Europe Thermal Management Market Size Breakdown by Type (2019-2024)
2.3.3 Asia-Pacific Thermal Management Market Size Breakdown by Type (2019-2024)
2.3.4 Latin America Thermal Management Market Size Breakdown by Type (2019-2024)
2.3.5 Middle East and Africa Thermal Management Market Size Breakdown by Type (2019-2024)
3 Thermal Management Market by Application
3.1 Type Introduction
3.1.1 Automotive
3.1.2 Aerospace and Defense
3.1.3 Servers and Data Centers
3.1.4 Consumer Electronics
3.1.5 Medical Equipment
3.1.6 Others
3.2 Global Thermal Management Market Size by Application
3.2.1 Global Thermal Management Market Size Overview by Application (2019-2030)
3.2.2 Global Thermal Management Historic Market Size Review by Application (2019-2024)
3.2.3 Global Thermal Management Market Size Forecasted by Application (2025-2030)
3.3 Global Thermal Management Market Size by Regions
3.3.1 North America Thermal Management Market Size Breakdown by Application (2019-2024)
3.3.2 Europe Thermal Management Market Size Breakdown by Application (2019-2024)
3.3.3 Asia-Pacific Thermal Management Market Size Breakdown by Application (2019-2024)
3.3.4 Latin America Thermal Management Market Size Breakdown by Application (2019-2024)
3.3.5 Middle East and Africa Thermal Management Market Size Breakdown by Application (2019-2024)
4 Global Market Dynamics
4.1 Thermal Management Industry Trends
4.2 Thermal Management Industry Drivers
4.3 Thermal Management Industry Opportunities and Challenges
4.4 Thermal Management Industry Restraints
5 Competitive Insights by Company
5.1 Global Top Players by Thermal Management Revenue (2019-2024)
5.2 Global Thermal Management Industry Company Ranking, 20
22 VS 2023 VS 2024
5.3 Global Thermal Management Key Company Headquarters & Area Served
5.4 Global Thermal Management Company, Product Type & Application
5.5 Global Thermal Management Company Commercialization Time
5.6 Market Competitive Analysis
5.6.1 Global Thermal Management Market CR5 and HHI
5.6.2 Global Top 5 and
10 Thermal Management Players Market Share by Revenue in 2023
5.6.3 20
23 Thermal Management Tier 1, Tier 2, and Tier 3
6 Company Profiles
6.1 DENSO
6.1.1 DENSO Comapny Information
6.1.2 DENSO Business Overview
6.1.3 DENSO Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.1.4 DENSO Thermal Management Product Portfolio
6.1.5 DENSO Recent Developments
6.2 Valeo
6.2.1 Valeo Comapny Information
6.2.2 Valeo Business Overview
6.2.3 Valeo Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.2.4 Valeo Thermal Management Product Portfolio
6.2.5 Valeo Recent Developments
6.3 MAHLE
6.3.1 MAHLE Comapny Information
6.3.2 MAHLE Business Overview
6.3.3 MAHLE Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.3.4 MAHLE Thermal Management Product Portfolio
6.3.5 MAHLE Recent Developments
6.4 Hanon Systems
6.4.1 Hanon Systems Comapny Information
6.4.2 Hanon Systems Business Overview
6.4.3 Hanon Systems Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.4.4 Hanon Systems Thermal Management Product Portfolio
6.4.5 Hanon Systems Recent Developments
6.5 Honeywell
6.5.1 Honeywell Comapny Information
6.5.2 Honeywell Business Overview
6.5.3 Honeywell Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.5.4 Honeywell Thermal Management Product Portfolio
6.5.5 Honeywell Recent Developments
6.6 Vertiv
6.6.1 Vertiv Comapny Information
6.6.2 Vertiv Business Overview
6.6.3 Vertiv Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.6.4 Vertiv Thermal Management Product Portfolio
6.6.5 Vertiv Recent Developments
6.7 Gentherm
6.7.1 Gentherm Comapny Information
6.7.2 Gentherm Business Overview
6.7.3 Gentherm Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.7.4 Gentherm Thermal Management Product Portfolio
6.7.5 Gentherm Recent Developments
6.8 Delta
6.8.1 Delta Comapny Information
6.8.2 Delta Business Overview
6.8.3 Delta Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.8.4 Delta Thermal Management Product Portfolio
6.8.5 Delta Recent Developments
6.9 Laird
6.9.1 Laird Comapny Information
6.9.2 Laird Business Overview
6.9.3 Laird Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.9.4 Laird Thermal Management Product Portfolio
6.9.5 Laird Recent Developments
6.
10 Boyd Corporation
6.10.1 Boyd Corporation Comapny Information
6.10.2 Boyd Corporation Business Overview
6.10.3 Boyd Corporation Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.10.4 Boyd Corporation Thermal Management Product Portfolio
6.10.5 Boyd Corporation Recent Developments
6.
11 Heatex
6.11.1 Heatex Comapny Information
6.11.2 Heatex Business Overview
6.11.3 Heatex Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.11.4 Heatex Thermal Management Product Portfolio
6.11.5 Heatex Recent Developments
6.
12 European Thermodynamics
6.12.1 European Thermodynamics Comapny Information
6.12.2 European Thermodynamics Business Overview
6.12.3 European Thermodynamics Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.12.4 European Thermodynamics Thermal Management Product Portfolio
6.12.5 European Thermodynamics Recent Developments
6.
13 Advanced Cooling Technologies
6.13.1 Advanced Cooling Technologies Comapny Information
6.13.2 Advanced Cooling Technologies Business Overview
6.13.3 Advanced Cooling Technologies Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.13.4 Advanced Cooling Technologies Thermal Management Product Portfolio
6.13.5 Advanced Cooling Technologies Recent Developments
6.
14 Dau Thermal Solutions
6.14.1 Dau Thermal Solutions Comapny Information
6.14.2 Dau Thermal Solutions Business Overview
6.14.3 Dau Thermal Solutions Thermal Management Revenue, Global Share and Gross Margin (2019-2024)
6.14.4 Dau Thermal Solutions Thermal Management Product Portfolio
6.14.5 Dau Thermal Solutions Recent Developments
7 North America
7.1 North America Thermal Management Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2 North America Thermal Management Market Size by Country (2019-2024)
7.3 North America Thermal Management Market Size Forecast by Country (2025-2030)
8 Europe
8.1 Europe Thermal Management Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2 Europe Thermal Management Market Size by Country (2019-2024)
8.3 Europe Thermal Management Market Size Forecast by Country (2025-2030)
9 Asia-Pacific
9.1 Asia-Pacific Thermal Management Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2 Asia-Pacific Thermal Management Market Size by Country (2019-2024)
9.3 Asia-Pacific Thermal Management Market Size Forecast by Country (2025-2030)
10 Latin America
10.1 Latin America Thermal Management Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2 Latin America Thermal Management Market Size by Country (2019-2024)
10.3 Latin America Thermal Management Market Size Forecast by Country (2025-2030)
11 Middle East & Africa
11.1 Middle East & Africa Thermal Management Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2 Middle East & Africa Thermal Management Market Size by Country (2019-2024)
11.3 Middle East & Africa Thermal Management Market Size Forecast by Country (2025-2030)
12 Concluding Insights
13 Appendix
13.1 Reasons for Doing This Study
13.2 Research Methodology
13.3 Research Process
13.4 Authors List of This Report
13.5 Data Source
13.5.1 Secondary Sources
13.5.2 Primary Sources

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