The Market for Thermal Management Technologies

Report Code: SMC024M

Publish Date: May 2022

Publisher: BCC Publishing

Category: Semiconductors

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Report Highlights

The global market for thermal management technologies should grow from $14.5 billion in 2021 to $20.9 billion by 2026 with a compound annual growth rate (CAGR) of 7.6% for the period of 2021-2026.

Report Includes

  • 98 data tables and 45 additional tables
  • An up-to-date review and analysis of the global market for thermal management technologies
  • Analyses of the global market trends, with data from 2020-2021, estimates for 2022 and 2024, and projections of compound annual growth rates (CAGRs) through 2026
  • Evaluation and forecast the global thermal management technologies market size, and corresponding market share analysis by product type, application, device type, and geographical region
  • Identification of the promising new thermal management products, technologies and solutions with greatest commercial potential
  • Discussion of the current market dynamics (DROs), competitive scenario, R&D activities, supplier landscape, and COVID-19 implications on the progress of this market
  • Country specific data and market value analysis for the United States, Canada, Mexico, Germany, U.K., France, Japan, China, India, and South Korea, among others
  • Insight into recent industry structure, competitive aspects of each product segment, major growth strategies, and company value share analysis based on their segmental revenues
  • Latest information on key M&A deals, agreements, partnerships, collaborations and product launches within the marketplace
  • Descriptive company profiles of the leading global players, including 3M, Gentherm, Honeywell International Inc., Alcoa Corp., Altair Engineering Inc., and HENKEL AG & CO. KGAA

Report Scope

The scope of this report is broad, covering several product areas. The individual materials, hardware and software product segments are presented in terms of market size and revenue trends. The revenue forecasts are explained in terms of the key market issues for that product segment and are projected through 2026. The application sections feature forecasts for the most important applications by product.

The technology discussion concentrates on trends that will develop more significantly during the forecast period. The report also includes a discussion of the competitive aspects of each product segment, along with several successful suppliers’ strategies in the market. A survey of recent U.S. thermal management patents that are pending and profiles of a selection of the leading thermal management suppliers are also included.

The report addresses the global market for thermal management products during the period from 2020 through 2026, including:

  • Thermal management hardware.
  • Thermal management software.
  • Thermal management interface products.
  • Thermal management substrates.
  • Thermal management application areas

Report Synopsis

Report Metrics Details
Base year considered 2020
Forecast period considered 2021-2026
Base year market size $13.8 billion
Market size forecast $20.8 billion
Growth rate CAGR of 7.6% from 2021 to 2026
Units considered $ Millions
Segments covered Product Type, Application, Device Type
Regions covered North America, Europe, Asia-Pacific, Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, Germany, U.K., France, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, South America, Middle East and Africa
Key Market Drivers
  • Growing Demand for Effective Heat Management Solutions in the Consumer Electronics Sectors
  • Increasing Demand for CO2 Reduction and Fuel-efficient Thermal Systems
  • Growing Advancement in Thermal Interface Materials
Companies studied
3MGENTHERM
HONEYWELL INTERNATIONAL INC.LAIRD TECHNOLOGIES INC.
ALCOA CORP.ASETEK INC.
AAVID THERMALLOYCOMAIR ROTRON
COOL INNOVATIONSCOOLIT SYSTEMS
CPS TECHNOLOGIES CORP.DYNATRON CORP.
MOTIVAIR CORP.ALTAIR ENGINEERING INC.
ANSYS INC.DAAT RESEARCH CORP.
DEGREE CONTROLS INC.HEXAGON AB
NETZSCH-GERATEBAU GMBHAI TECHNOLOGY INC.
AMETEK INC.PARKER HANNIFIN CORP.
HENKEL AG & CO. KGAALORD CORP.
MASTER BOND INC.AMKOR TECHNOLOGY
COOLER MASTER TECHNOLOGY INC.MATERION CORP.
MORGAN TECHNICAL CERAMICSOSE
STATS CHIPPAC LTD.
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Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: The Market for Thermal Management Technologies210Free
Chapter- 1: Introduction8Free
Chapter- 2: Summary and Highlights2Free
Chapter- 3: Market Overview28Free
Chapter- 4: Market Breakdown by Product Type58Free
Chapter- 5: Market Breakdown by Application20Free
Chapter- 6: Market Breakdown by Device8Free
Chapter- 7: Market Breakdown by Region43Free
Chapter- 8: Competitive Landscape5Free
Chapter- 9: Company Profiles34Free
Chapter- 10: Appendix A: Abbreviations and Acronyms3Free
Chapter- 11: Appendix B: Bibliography1Free
Published - Feb-2019| Analyst - Andrew McWilliams| Code - SMC024L

Report Highlights

The global market for thermal management technologies should grow from $12.4 billion in 2018 to $16.3 billion by 2023 at a compound annual growth rate (CAGR) of 5.6% for the period of 2018-2023.

Report Includes

  • 48 data tables
  • An overview of the global markets for thermal management technologies within the industry
  • Analyses of global market trends, with data from 2017 and 2018, and projections compound annual growth rates (CAGRs) through 2023
  • Evaluation of market dynamics and what factors will shape the future growth of the market
  • Identification of thermal management technologies and products with the greatest commercial potential
  • Examination of the competitive aspects of each product segment, along with several successful suppliers’ strategies in the market
  • Relevant patent analysis
  • Profiles of leading companies in the industry including Calmark, Lytron, Parker Hannifin Corp., Henkel Corp. and Morgan Technical Ceramics
Published - Mar-2016| Analyst - Andrew McWilliams| Code - SMC024K

Report Highlights

The global market for thermal management products will grow from about $10.7 billion in 2015 to nearly $11.2 billion in 2016 and $14.7 billion by 2021, representing a compound annual growth rate (CAGR) of 5.6% between 2016 and 2021.

Report Includes

  • An overview of the global markets for thermal management technologies as well as hardware, software, interface products, and substrates.
  • Analyses of global market trends, with data from 2015 and 2016, and projections of CAGRs through 2021.
  • Discussion of individual materials, hardware, and software product segments in terms of market size and revenue trends.
  • Forecasts for the most important applications by product.
  • Examination of the competitive aspects of each product segment, along with several successful suppliers’ strategies in the market.
  • A relevant patent analysis.
  • Profiles of leading companies in the industry.
Published - Mar-2014| Analyst - Andrew McWilliams| Code - SMC024J

Report Highlights

The global market for thermal management products is expected to grow from about $10.1 billion in 2013 to $10.6 billion in 2014 and $14.7 billion by 2019, a compound annual growth rate (CAGR) of 6.8% between 2014 and 2019.

Report Includes

  • An overview of the global market for thermal management products, including hardware, software, interface products, and substrates.
  • Analyses of global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
  • Discussion of individual materials, hardware, and software product segments in terms of market size and revenue trends.
  • Forecasts for the most important applications by product.
  • Examination of the competitive aspects of each product segment, along with several successful suppliers’ strategies in the market.
  • Patent analysis.
  • Profiles of leading companies in the industry.
Published - Jan-2013| Analyst - Andrew McWilliams| Code - SMC024H

Report Highlights

The market for thermal management technologies was valued at $6.7 billion in 2011 and reached $7 billion in 2012. Total market value is expected to reach $10.1 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 7.6%.

Report Includes

  • An overview of the global market for thermal management products, including hardware, software, interface products, and substrates.
  • Analyses of global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017.
  • Discussion of individual materials, hardware, and software product segments in terms of market size and revenue trends.
  • Forecasts for the most important applications by product.
  • Examination of the competitive aspects of each product segment, along with several successful suppliers’ strategies in the market.
  • A current industry directory, a survey of recent U.S. thermal management patents and patent applications pending.
Published - Sep-2011| Analyst - Andrew McWilliams| Code - SMC024G

Report Highlights

The world market for thermal management products will grow from about $7.5 billion in 2010 to $8 billion in 2011 and $10.9 billion by 2016, a compound annual growth rate (CAGR) of 6.4% between 2011 and 2016.

Published - May-2010| Analyst - Andrew McWilliams| Code - SMC024F

Report Highlights

  • The world market for thermal management products will grow from about $6.9 billion in 2009 to $7.5 billion in 2010 and $10.2 billion by 2015, a compound annual growth rate (CAGR) of 6.4% between 2010 and 2015.
  • Asia-Pacific is projected to be the fastest-growing region, with a compound annual growth rate (CAGR) of 7.3% between 2010 and 2015. This region is valued at $1.7 billion in 2010 and should reach $2.5 billion by 2015.
  • The market in the Americas is projected to grow from $2.9 billion in revenues in 2010 to $4 billion in 2015, a compound annual growth rate (CAGR) of 6.7%. 
Published - May-2008| Analyst - Andrew McWilliams| Code - SMC024E

Report Highlights

  • The global market for thermal management technologies increased from $6.2 billion in 2007 to an estimated $6.8 billion by the end of 2008. It should reach $11.1 billion by 2013, a compound annual growth rate (CAGR) of 10.3%.
  • Thermal management hardware accounts for more than 80% of the total thermal management market.
  • The largest end-markets for thermal management technologies in 2007 were the computer industry (57% of total revenues) and telecommunications (16%). By 2013, medical and office electronics should move into a tie for second place with telecommunications, each with a 12% market share.
     
     
Published - May-2006| Analyst - Andrew McWilliams| Code - SMC024D

Report Highlights

  • The world market for thermal management products will grow from about $4.1 billion in 2005 to $4.4 billion in 2006, and approach $6.7 billion by 2011.
  • By 2011, medical and office electronics should have moved into third place behind telecom applications, with a 16% market share, followed by consumer electronics with an 11% share.
  • The Asia-Pacific countries (except Japan) have the highest projected growth rate. By 2011, the Asia-Pacific region is expected to account for nearly a quarter of the market, pulling further ahead of Japan.
Published - Dec-2003| Analyst - Ravi Krishnan| Code - SMC024C

Report Highlights

  • The world market for thermal management products will rise from about $3.3 billion in 2003 to $5.9 billion by 2008, at an average annual growth rate (AAGR) of 12.1%.
  • Revenue growth slowed in 1990s with the downturn in the computer industry, and with suppliers experiencing severe commodity pricing pressures.
  • The current thermal management market has been rekindled with new design starts, and the emergence of new applications that require completely new cooling solutions.
  • The 2+ GHz desktop computer, prolific growth of handheld devices and integrated Internet connectivity, the demand for wireless base stations and large Internet infrastructure equipment all present new challenges.

Published - Oct-2000| Analyst - Andrea Dace| Code - SMC024B

Report Highlights

  • This new study estimates that the world market for this mix of products that dissipate excess heat in electronic systems will grow from about $3.25 billion in 2000 to $6 billion by 2005, at an average annual growth rate (AAGR) of 13%.
  • The report's forecast of a 13% AAGR reflects the return of growth to the electronics markets. During its slow years, the thermal management industry had introduced many improvements in the thermal handling capability of products. There had also been the development of highly efficient, high-yield manufacturing methods - the adoption of which had been put on hold until recently.
  • The new materials and components that are now available for next-generation applications are already expanding the definition of efficiency in electronics. Once employed only as a means to prevent thermal failure, thermal management technology will be in demand throughout the forecast period, research indicates, because it can improve the performance of super-fast, high-power and high-temperature electronics systems.

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