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Global Thermal Management Market, By Component (Hardware, Software) By Device (Conduction, Convection), By End-user (Aerospace and Defense, Automotive) - Forecast 2023
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Thermal Management Market Research Report- Forecast 2023 Thermal Management Market Research Report- Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.
Thermal Management Market Research Report- Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.
Thermal Management Market Research Report- Forecast 2023 Summary Thermal Management can be explained as the ability to control the temperature of a system by various technologies such as thermodynamics among others. It basically describes various processes such as heat transfer, conduction and radiation among others. However, the system is complex in nature since it consists multiple components. The factors contributing to the growth of the Thermal Management Market are increasing demand for thermal management in various consumer electronics, miniaturization of devices and various technological advancements over the years. Also, the growing advancements in the electronic industry is boosting the growth of the thermal management market. However, complexities in components used in thermal management is hindering the growth of the overall market. The growing demand for thermal management solutions directly depend on the increasing demand for consumer electronics. The solutions are widely used in laptops, various gaming devices, tablets and smartphones among others. It also protects the processors and transistors from overheating. Also, the technological issues associated with the component and system such as heat effect on transistor operation acts as a technological challenge. Therefore, this challenge is expected to hamper the market growth over the forecast period. P a g e | 3 Copyright © 2017 Market Research Future.
Thermal Management Market Research Report- Forecast 2023 Major Key Players: API Heat Transfer (U.S.), AI Technology, Inc.(U.S.), Aavid Thermalloy, LLC (U.S.), Delta Electronics, Inc. (Taiwan), Honeywell International Inc (U.S.), Henkel AG & Co. KGaA (Germany), Jaro Thermal (U.S.), LAIRD PLC (U.K.), P a g e | 4 Copyright © 2017 Market Research Future.
Thermal Management Market Research Report- Forecast 2023 Segmentation: For the purpose of this study, Market Research Future has segmented the market of thermal management into component, device, end-users and region. Component Hardware Software Device Conduction Convection Hybrid Advanced Others End-user- Automotive Consumer Electronics Healthcare Aerospace and Defense Food & Beverage Others Region North-America Europe Asia-Pacific RoW P a g e | 5 Copyright © 2017 Market Research Future.
Thermal Management Market Research Report- Forecast 2023 Regional Analysis: Regionally, North-America accounted for the largest market share from countries such U.S. among others. The reason is attributed to the increasing investments for these technological solutions, adoption of these thermal management solutions by various domains and low operational cost. However, Asia-Pacific region is expected to grow over the forecast period, 2017- 2023. The reason is attributed as the presence of large number of electronic manufacturers, increasing government Initiatives and the increasing adoption of thermal solutions by various sectors. P a g e | 6 Copyright © 2017 Market Research Future.
Thermal Management Market Research Report- Forecast 2023 P a g e | 7 Copyright © 2017 Market Research Future.