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The future of the thermal management market looks promising with opportunities in the aerospace & defense, automotive, server & data center, consumer electronics, enterprise, and healthcare end use industries. The global thermal management market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 7% to 9% from 2020 to 2025. The major drivers for this market are growing usage of electronic devices in various end use industries, increasing demand for thermal management solutions and systems for in consumer electronics, and increasing radical miniaturization of electronic instruments.
 
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of thermal management market report download the report brochure.
 
thermal management


thermal management

 
The study includes trends and forecasts for the global thermal management market by material, device, service, end use industry, and region as follows:
 
By Material [$M shipment analysis for 2014 – 2025]:
  • Adhesive Materials 
  • Non-Adhesive Materials 
By Device [$M shipment analysis for 2014 – 2025]:
  • Conduction Cooling Devices
  • Convection Cooling Devices
  • Advanced Cooling Devices
  • Hybrid Cooling Devices 
By Service [$M shipment analysis for 2014 – 2025]:
  • Installation & Calibration 
  • Optimization & Post-Sales Support
By End Use Industry [$M shipment analysis for 2014 – 2025]:
  • Aerospace & Defense
  • Automotive
  • Servers & Data Centers
  • Consumer Electronics
  • Enterprises
  • Healthcare
  • Others
By Region [$M shipment analysis for 2014 – 2025]:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • The Rest of the World
Some of the thermal management companies profiled in this report include Honeywell International, Aavid Thermalloy, Vertiv, European Thermodynamics, Advanced Cooling Technologies, Henkel, Laird, Delta Electronics, Parker, and Master Bond.
 
Lucintel forecasts that non-adhesive material will remain the largest segment over the forecast period due to their wide usage in consumer electronics, such as computers, laptops, and other handheld devices, such as tablets.
 
Convection cooling device will remain the largest device during the forecast period due to increasing demand for use in electronic components and electronic circuits.
 
Asia Pacific will remain the largest region during the forecast period due to increasing demand for consumer electronics devices and existence of a large number of chip manufacturing companies in countries, such as China, Taiwan, and South Korea.
 
 
Features of Thermal Management Market
 
  • Market Size Estimates: Thermal management market size estimation in terms of value ($M)
  • Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments and regions.
  • Segmentation Analysis: Market size by material, device, service, end use industry
  • Regional Analysis: Thermal management market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different material, device, service, end use industry, and regions for thermal management market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the thermal management market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
 
 
 
This report answers following 11 key questions
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global thermal management market by material (adhesive materials and non-adhesive materials), device (conduction cooling devices, convection cooling devices, advanced cooling devices, and hybrid cooling devices), service (installation & calibration and optimization & post-sales support), end use industry (aerospace & defense, automotive, servers & data centers, consumer electronics, enterprises, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the thermal management market?
Q.5 What are the business risks and threats to the thermal management market?
Q.6 What are emerging trends in this thermal management market and the reasons behind them?
Q.7 What are some changing demands of customers in the thermal management market?
Q.8 What are the new developments in the thermal management market? Which companies are leading these developments?
Q.9 Who are the major players in the thermal management market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the thermal management market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the thermal management market?
 
 

Table of Contents
 
1. Executive Summary
 
2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Global Thermal Management Market Trends (2014-2019) and Forecast (2020-2025)
3.3: Global Thermal Management Market by Material
3.3.1: Adhesive Materials 
3.3.2: Non-Adhesive Materials 
3.4: Global Thermal Management Market by Device
3.4.1: Conduction Cooling Devices
3.4.2: Convection Cooling Devices
3.4.3: Advanced Cooling Devices
3.4.4: Hybrid Cooling Devices 
3.5: Global Thermal Management Market by Service
3.5.1: Installation & Calibration 
3.5.2: Optimization & Post-Sales Support 
3.6: Global Thermal Management Market by End Use Industry
3.6.1: Aerospace & Defense
3.6.2: Automotive
3.6.3: Servers & Data Centers
3.6.4: Consumer Electronics
3.6.5: Enterprises
3.6.6: Healthcare
3.6.7: Others 
 
4. Market Trends and Forecast Analysis by Region from 2014 to 2025
4.1: Global Thermal Management Market by Region
4.2: North American Thermal Management Market
4.2.1: Market by End Use Industry
4.2.2: Market by Material
4.2.3: The US Thermal Management Market
4.2.4: The Canadian Thermal Management Market
4.2.5: The Mexican Thermal Management Market
4.3: European Thermal Management Market
4.3.1: Market by End Use Industry
4.3.2: Market by Material
4.3.3: German Thermal Management Market
4.3.4: United Kingdom Thermal Management Market
4.3.5: French Thermal Management Market
4.3.6: Italian Thermal Management Market
4.4: APAC Thermal Management Market
4.4.1: Market by End Use Industry
4.4.2: Market by Material
4.4.3: Chinese Thermal Management Market
4.4.4: Japanese Thermal Management Market
4.4.5: Indian Thermal Management Market
4.4.6: South Korean Thermal Management Market
4.5: ROW Thermal Management Market
4.5.1:Market by End Use Industry
4.5.2: Market by Material
 
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Thermal Management Market by End Use Industry
6.1.2: Growth Opportunities for the Global Thermal Management Market by Material
6.1.3: Growth Opportunities for the Global Thermal Management Market by Device
6.1.4: Growth Opportunities for the Global Thermal Management Market by Service
6.1.5: Growth Opportunities for the Global Thermal Management Market by Region 
6.2: Emerging Trends in the Global Thermal Management Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Thermal Management Market
6.3.3: Technology Development
6.3.4: Mergers and Acquisitions in the Global Thermal Management Industry
 
7. Company Profiles of Leading Players
7.1: Honeywell International
7.2: Aavid Thermalloy
7.3: Vertiv
7.4: European Thermodynamics
7.5: Advanced Cooling Technologies
7.6: Henkel
7.7: Laird
7.8: Delta Electronics
7.9: Parker
7.10: Master Bond.
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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