Thermal Management Technologies Market Share, Growth, Trends, Size and Forecast 2023-2028

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Thermal Management Technologies Market Share, Growth, Trends, Size and Forecast 2023-2028

Posted By dean ambrose     March 27, 2023    

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According to the latest report by IMARC Group “Thermal Management Technologies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global thermal management technologies market size reached US$ 12.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.0 Billion by 2028, exhibiting a growth rate (CAGR) of 7.79% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Thermal management technologies are used to monitor, control, and regulate temperatures generated by devices in electrical enclosures. They rely on several substrates within the circuitry for efficient heat dissipation, which aids in improving reliability and preventing premature failure of electronic devices. As a result, they find applications in data centers, consumer electronics, and automobiles across the globe.

Request for a free sample copy of this report: https://www.imarcgroup.com/thermal-management-technologies-market/requestsample

Thermal Management Technologies Market Trends:

Significant growth in the electronics industry, along with the escalating demand for miniaturized devices with effective thermal management solutions in consumer electronics, represents one of the key factors positively influencing the market. Apart from this, the increasing adoption of thermal management technologies in hybrid electric vehicles (HEVs) is strengthening the market growth. Furthermore, technological advancements, such as cool chips, cold plates, heat vapor chambers, and jet impingement mechanisms, are bolstering the market growth. Moreover, leading players are investing in research and development (R&D) activities to develop advanced thermal management technologies that help minimize fuel consumption, increase mileage, provide optimal safety, and enhance the comfort level of passengers.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Product:

  • Hardware
  • Software
  • Interface
  • Substrates

Breakup by Application:

  • Computers
  • Consumer Electronics
  • Telecommunication
  • Automotive
  • Renewable Energy
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape:

  • Advanced Cooling Technologies Inc.
  • Autoneum Holding AG
  • Gentherm Inc., Heatex Inc. (Madison Industries)
  • Henkel AG & Co. KGaA
  • Honeywell International Inc.
  • Laird Thermal Systems Inc.
  • Momentive Performance Materials Inc.
  • Parker-Hannifin Corp.
  • Thermal Management Technologies.

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/thermal-management-technologies-market

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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IMARC Group

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Website: https://www.imarcgroup.com/

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