Thermal Management Market by Material Type (Adhesive, Non-Adhesive), Devices (Conduction, Convection, Advanced, Hybrid), Service (Installation & Calibration, Optimization & Post Sales), End-Use Application - Global Forecast to 2022

  • ID: 4285846
  • Report
  • Region: Global
  • 170 Pages
  • Markets and Markets
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The Thermal Management Market was Valued at USD 8.99 Billion in 2016 and is Expected to Reach USD 14.24 Billion by 2022, at a CAGR of 7.91%

FEATURED COMPANIES

  • Aavid Thermalloy LLC.
  • Dau Thermal Solutions Inc
  • Heatex AB
  • Jaro Thermal
  • Lord Corporation
  • Parker Chomerics
  • MORE

The thermal management market is expected to grow at a CAGR of 7.91% between 2017 and 2022, to reach USD 14.24 billion by 2022 from USD 8.99 billion in 2016. The thermal management market is mainly driven by the following factors: rising demand for thermal management in consumer electronics, growing application arena across industries such as medical equipment, automotive, and aerospace and defense, and radical miniaturization of electronic devices. However, complexities in designing of thermal components act as a restraint for the thermal management market.

The increasing demand for thermal management depends on the elevating demand of the consumer electronics. Thermal management solutions are prominently used in many consumer electronics such as personal computers, laptops, smartphones, and gaming devices. Thermal management in consumer electronics involves chip cooling and also protects electronic components such as processors and transistors from overheating. For the multi-core processors, the noise can be avoided by using large heat sinks, heat pipes, and cooling fans. High conductivity materials such as phase change materials (PCMs) and thermal interface materials are widely used in smartphones and laptops to manage the cooling of electronic components and integrated chips. Thus, increasing the number of processors and shrinking the size of electronics components in electronic systems will boost the demand for thermal management solutions leading to the rise in adoption of these solutions. Thus, the market for consumer electronics is expected to reach at the highest rate during the forecast period.

North America is expected to hold the largest share of thermal management market by 2022. It holds a tremendous potential for the market in the coming future due to its high investment in healthcare applications, increasing use of electric and hybrid vehicles, and growing data centers across the region. Also, North American governments actively invest in the aeronautics and defense sector. Thermal management devices are used within the computational unit of various missiles. These factors are driving the overall thermal management market in the region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials from the companies in the thermal management market.

The break-up of primary participants for the report has been shown below:

  • By Company Type: Tier 1 - 33 %, Tier 2 - 50%, and Tier 3 - 17%
  • By Designation: C-Level Executives - 50%, Directors - 33%, and Others - 17%
  • By Region: North America - 50%, Europe - 17%, APAC - 33%,

The report also profiles the key players in the thermal management market and analyzes their market ranking. The prominent players profiled in this report are Honeywell International Inc. (US), Aavid Thermalloy LLC (US), Vertiv Co (US), European Thermodynamics Ltd (UK), Master Bond Inc.(US), Laird PLC (UK), Henkel AG & Company, KGaA (Germany), Delta Electronics, Inc. (Taiwan), Advanced Cooling Technologies, Inc. (US), Dau Thermal Solutions Inc. (US), Amerasia International (AI) Technology Inc.(US), Heatex Ab (Sweden), Lord Corporation (US), and Parker Chomerics (US), among others.

Research Coverage:

This research report categorizes the thermal management market on the basis of material type, device, end-use application, service, and geography. The report also provides a description of major drivers, restraints, challenges, and opportunities pertaining to the market; value chain analysis; and market ranking analysis.

Reasons to Buy the Report

The report will help leaders/new entrants in this market in the following ways:

  • This report segments the thermal management market comprehensively and provides the closest market size estimation for all subsegments across different regions.
  • The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for the market.
  • This report will help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section describes competitor ecosystem and various strategies implemented by the companies such as product developments, partnerships, and mergers and acquisitions.
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FEATURED COMPANIES

  • Aavid Thermalloy LLC.
  • Dau Thermal Solutions Inc
  • Heatex AB
  • Jaro Thermal
  • Lord Corporation
  • Parker Chomerics
  • MORE
1 Introduction
1.1 Objectives of the Study
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for This Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Secondary Data
2.1.1 Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.2.2 Key Industry Insights
2.3 Market Size Estimation
2.4 Market Breakdown and Data Triangulation
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in the Thermal Management Market
4.2 Thermal Management Market, By End-Use Application
4.3 Thermal Management Market, By Device and Region
4.4 Thermal Management Market, By Service
4.5 Thermal Management Market, By Country

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Drivers
5.3.1 Rising Demand for Thermal Management in Consumer Electronics
5.3.2 Growing Application Arena
5.3.3 Radical Miniaturization of Electronic Devices
5.4 Restraint
5.4.1 Design Complexities in Components Used in Thermal Management
5.5 Opportunities
5.5.1 Technological Advancements Such as Synthetic Cooling Methods and Interface Materials
5.5.2 Thermal Management in Electronic Devices Through Cool Chips
5.6 Challenge
5.6.1 Managing Heat Dissipation in Computing and Networking Devices

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Thermal Management Standards and Regulations
6.3.1 Codes and Standards Related to Thermal Management
6.4 Industry Trends
6.5 Start-Up Scenario
6.5.1 Start-Up Companies and Investors Scenario
6.5.1.1 Start-Up Companies

7 Thermal Management Market, By Material Type
7.1 Introduction
7.2 Adhesive Materials
7.2.1 Thermal Tapes
7.2.2 Films
7.2.2.1 Thermally Conductive Films
7.2.2.2 Electrically Conductive Films
7.2.3 Adhesive Liquids
7.2.3.1 Heat Cure Liquid
7.2.3.2 Room Temperature Cure
7.3 Nonadhesive Materials
7.3.1 Thermal Pads
7.3.2 Gap Fillers
7.3.3 Phase Change Materials
7.3.4 Grease

8 Thermal Management Market, By Device
8.1 Introduction
8.2 Conduction Cooling Devices
8.2.1 Wedge Locks
8.2.2 Potting Materials
8.3 Convection Cooling Devices
8.3.1 Heat Sinks
8.3.2 Heat Spreaders
8.3.3 Forced Air and Natural Cooling Devices
8.3.4 Heat Pumps
8.4 Advanced Cooling Devices
8.4.1 Direct Immersion Cooling
8.4.2 Microchannel Cooling
8.4.3 Cold Plates
8.4.4 Others
8.5 Hybrid Cooling Devices
8.5.1 Electrowetting
8.5.2 Spot Coolers
8.5.3 Vapor Chambers
8.5.4 Compact Heat Exchangers
8.5.5 Thermoelectric Cooling
8.5.6 Others

9 Market Analysis, By End-Use Application
9.1 Introduction
9.2 Consumer Electronics
9.2.1 Laptops and Computers
9.2.2 Audio Amplifier Components
9.2.3 Power Supply Units
9.2.4 Gaming Devices
9.3 Servers and Data Centers
9.3.1 Single Racks
9.3.2 Multi Racks
9.4 Automotive
9.4.1 Battery Thermal Management
9.4.1.1 Hybrid Electric Vehicle
9.4.1.2 Plug-In Electric Vehicle(PHEV)
9.4.2 Engine Control Thermal Management Systems
9.4.3 Waste Heat Recovery and Emissions Reduction Systems
9.4.4 Brake and Suspension Cooling Systems
9.4.5 Seat Heating and Cooling Systems
9.4.6 Automotive Led Lightning Systems
9.5 Aerospace and Defense
9.6 Healthcare
9.6.1 Large Infrastructure Equipment
9.6.2 Portable Equipment

10 Thermal Management Market, By Service
10.1 Introduction
10.2 Installation and Calibration
10.3 Optimization and Post-Sales Support

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 South Korea
11.4.4 India
11.4.5 Rest of APAC
11.5 Rest of the World

12 Competitive Landscape
12.1 Overview
12.2 Key Players in Thermal Management Market
12.3 Dive Chart Analysis
12.3.1 Vanguard
12.3.2 Dynamic
12.3.3 Innovator
12.3.4 Emerging
12.4 Product Offering Scorecard (For 25 Companies)
12.5 Business Strategy Scorecard (For 25 Companies)
*Top 15 Companies Analyzed for This Study are - Aavid Thermalloy LLC, Honeywell International Inc., European Thermodyamics, Kelvion Holdings GmbH, Master Bond Inc., Advanced Cooling Systems, Vertix Co., Dau Thermal, Solutions Inc., Heatex Inc., Henkel Corp, Gunter AG & Co. Kg, Cryomech, Inc., Vette Corp, Parker Chomerics, AI Technology, Hamon & Cie International S.A., Lord Corporation, Lairdtech, API Heat Transfer Inc., Danfoss S.A., Spx Corporation, Momentive Performance Materials, Chart Industries, Inc., Brooks Automation, Inc., Sunpower, Inc.
12.6 Competitive Situations and Trends
12.6.1 Product Launches and Developments
12.6.2 Partnerships, Collaborations, and AGreements
12.6.3 Mergers and Acquisitions
12.6.4 Others

13 Company Profiles
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
13.1 Introduction
13.2 Honeywell International Inc.
13.3 Aavid Thermalloy LLC.
13.4 Vertiv Co.
13.5 European Thermodynamics Ltd.
13.6 Master Bond Inc.
13.7 Laird PLC
13.8 Henkel AG & Company, KGaA
13.9 Delta Electronics, Inc.
13.10 Advanced Cooling Technologies, Inc.
13.11 Dau Thermal Solutions Inc
13.12 Amerasia International (AI) Technology Inc.
13.13 Heatex AB
13.14 Lord Corporation
13.15 Parker Chomerics

14 Key Innovators
14.1 Overview
14.2 API Heat Transfer
14.2.1 Company Overview
14.3 Thermotek
14.3.1 Company Overview
14.4 Jaro Thermal
14.4.1 Company Overview

15 Appendix
15.1 Insights of Industry Experts

List of Tables

Table 1 Thermal Management Market, By Material Type, 2014-2022 (USD Million)
Table 2 Thermal Management Market, By Adhesive Material, 2014-2022 (USD Million)
Table 3 Thermal Management Market for Tapes, By End-Use Application, 2014-2022 (USD Million)
Table 4 Thermal Management Market for Adhesive Films, By End-Use Application, 2014-2022 (USD Million)
Table 5 Thermal Management Market for Adhesive Liquids, By End-Use Application, 2014-2022 (USD Million)
Table 6 Thermal Management Market, By Non-Adhesive Material, 2014-2022 (USD Million)
Table 7 Thermal Management Market for Thermal Pads, By End-Use Application, 2014-2022 (USD Million)
Table 8 Thermal Management Market for Gap Fillers, By End-Use Application, 2014-2022 (USD Million)
Table 9 Thermal Management Market for Phase Change Materials, By End-Use Application, 2014-2022 (USD Million)
Table 10 Thermal Management Market for Grease, By End-Use Application, 2014-2022 (USD Million)
Table 11 Thermal Management Market, By Device, 2014-2022 (USD Million)
Table 12 Thermal Management Market, By End-Use Application, 2014-2022 (USD Million)
Table 13 Thermal Management Market for Consumer Electronics, By Region, 2014-2022 (USD Million)
Table 14 Thermal Management Market for Consumer Electronics in North America, By Country, 2014-2022 (USD Million)
Table 15 Thermal Management Market for Consumer Electronics in Europe, 2014-2022 (USD Million)
Table 16 Thermal Management Market for Consumer Electronics in APAC, By Country, 2014-2022 (USD Million)
Table 17 Thermal Management Market for Servers and Data Centers, By Data Center Type, 2014-2022 (USD Million)
Table 18 Thermal Management Market for Servers and Data Centers, By Region, 2014-2022 (USD Million)
Table 19 Thermal Management Market for Servers and Data Centers in North America, By Country, 2014-2022 (USD Million)
Table 20 Thermal Management Market for Servers and Data Centers in Europe, By Country, 2014-2022 (USD Million)
Table 21 Thermal Management Market for Servers and Data Centers in APAC, By Country, 2014-2022 (USD Million)
Table 22 Thermal Management Market for By Automotive, By System Type, 2014-2022 (USD Million)
Table 23 Thermal Management Market for Automotive, By Region, 2014-2022 (USD Million)
Table 24 Thermal Management Market for Automotive in North America, By Country, 2014-2022 (USD Million)
Table 25 Thermal Management Market for Automotive in Europe, By Country, 2014-2022 (USD Million)
Table 26 Thermal Management Market for Automotive in APAC, By Country, 2014-2022 (USD Million)
Table 27 Thermal Management Market for Aerospace and Defense, By Region, 2014-2022 (USD Million)
Table 28 Thermal Management Market for Aerospace and Defense in North America, By Country, 2014-2022 (USD Million)
Table 29 Thermal Management Market for Aerospace and Defense in Europe, By Country, 2014-2022 (USD Million)
Table 30 Thermal Management Market for Aerospace and Defense in APAC, By Country, 2014-2022 (USD Million)
Table 31 Thermal Management Market for Healthcare, By Equipment Type, 2014-2022 (USD Million)
Table 32 Thermal Management Market for Healthcare, By Region, 2014-2022 (USD Million)
Table 33 Thermal Management Market for Healthcare in North America, By Country, 2014-2022 (USD Million)
Table 34 Thermal Management Market for Healthcare in Europe, By Country, 2014-2022 (USD Million)
Table 35 Thermal Management Market for Healthcare in APAC, By Country, 2014-2022 (USD Million)
Table 36 Thermal Management Market, By Service, 2014-2022 (USD Million)
Table 37 Thermal Management Market in North America, By Service, 2014-2022 (USD Million)
Table 38 Thermal Management Market in Europe, By Service, 2014-2022 (USD Million)
Table 39 Thermal Management Market in APAC, By Service, 2014-2022 (USD Million)
Table 40 Thermal Management Market, By Region, 2014-2022 (USD Million)
Table 41 Thermal Management Market in North America, By Country, 2014-2022 (USD Million)
Table 42 Thermal Management Market in North America, By End-Use Application, 2014-2022 (USD Million)
Table 43 Thermal Management Market in US, By End-Use Application, 2014-2022 (USD Million)
Table 44 Thermal Management Market of Canada, By End-User Industry, 2014-2022 (USD Million)
Table 45 Thermal Management Market in Mexico, By End-Use Application, 2014-2022 (USD Million)
Table 46 Thermal Management Market in Europe, By Country, 2014-2022 (USD Million)
Table 47 Thermal Management Market in Europe, By End-Use Application, 2014-2022 (USD Million)
Table 48 Thermal Management Market in UK, By End-Use Application, 2014-2022 (USD Million)
Table 49 Thermal Management Market in Germany, By End-Use Application, 2014-2022 (USD Million)
Table 50 Thermal Management Market in France, By End-Use Application, 2014-2022 (USD Million)
Table 51 Thermal Management Market in RoE, By End-Use Application, 2014-2022 (USD Million)
Table 52 Thermal Management Market in APAC, By Country, 2014-2022 (USD Million)
Table 53 Thermal Management Market in APAC, By End-Use Application, 2014-2022 (USD Million)
Table 54 Thermal Management Market in Japan, By End-Use Application, 2014-2022 (USD Million)
Table 55 Thermal Management Market in China, By End-Use Application, 2014-2022 (USD Million)
Table 56 Thermal Management Market in South Korea, By End-Use Application, 2014-2022 (USD Million)
Table 57 Thermal Management Market in India, By End-Use Application, 2014-2022 (USD Million)
Table 58 Thermal Management Market in Rest of APAC, By End-Use Application, 2014-2022 (USD Million)
Table 59 Thermal Management Market in RoW, By Region, 2014-2022 (USD Million)
Table 60 Thermal Management Market in RoW, By End-Use Application, 2014-2022 (USD Million)
Table 61 Thermal Management Market: Company Ranking Analysis
Table 62 Product Launches and Developments (2014-2017)
Table 63 Partnerships, Collaborations, and Agreements (2016-2017)
Table 64 Mergers and Acquisitions (2015-2017)
Table 65 Others (2016 & 2017)

List of Figures

Figure 1 Thermal Management Market
Figure 2 Global Thermal Management Market: Research Design
Figure 3 Breakdown of Primaries
Figure 4 Bottom-Up Approach for Market Size Estimation: Thermal Management Market
Figure 5 Top-Down Approach for Market Size Estimation: Thermal Management Market
Figure 6 Data Triangulation
Figure 7 Automotive Expected to Hold the Largest Size of the Thermal Management Market in 2022
Figure 8 Engine Control Thermal Management Systems to Hold Largest Share of Thermal Management Market for Automotive in 2017
Figure 9 Non-Adhesive Materials Expected to Hold Larger Size of the Thermal Management Market By 2022
Figure 10 Convection Cooling Devices Held Largest Size of Thermal Management Market
Figure 11 North America Expected to Hold the Largest Share of the Thermal Management Market in 2017
Figure 12 Thermal Management Market in APAC Expected to Witness the Highest Growth During the Forecast Period
Figure 13 Automotive Expected to Hold Largest Size of Thermal Management Market By 2022
Figure 14 Convection Cooling Devices Expected to Hold the Largest Share of the Thermal Management Market in 2017
Figure 15 Optimization and Post-Sales Support Expected to Hold A Larger Size of the Thermal Management Market By 2022
Figure 16 US Expected to Hold Largest Share of the Thermal Management Market in 2017
Figure 17 Rising Demand for Thermal Management in Consumer Electronics Drives the Thermal Management Market
Figure 18 Increase in Power Consumption of Motherboard and Hard Disk Drives With the Rise in the Number of Processes Used in Computers
Figure 19 Electric Vehicle Sales, 2010-2015 (Thousand Units)
Figure 20 Value Chain Analysis of Thermal Management Market
Figure 21 Increasing Data Centers is the Leading Trend in the Current Thermal Management Market
Figure 22 Total Investment Raised By Startups
Figure 23 Thermal Management Market for Advanced Cooling Devices Expected to Grow at Highest CAGR Between 2017 and 2022
Figure 24 Thermal Management Market for Automotive Expected to Grow at Highest CAGR During the Forecast Period
Figure 25 APAC Expected to Hold Largest Size of Thermal Management Market for Consumer Electronics in 2017
Figure 26 Thermal Management Market for Servers and Data Centers in North America Expected to Grow at Highest CAGR Between 2017 and 2022
Figure 27 APAC Expected to Hold Largest Size of Thermal Management Market for Automotive Between 2017 and 2022
Figure 28 APAC Expected to Hold Largest Size of Thermal Management Market for Aerospace and Defense Industry Between 2017 and 2022
Figure 29 Geographic Snapshot of Thermal Management Market (2017-2022)
Figure 30 North America: Thermal Management Market Snapshot
Figure 31 Thermal Management Market for Servers and Data Centers Expected to Grow at Highest CAGR During the Forecast Period
Figure 32 Europe: Thermal Management Market Snapshot
Figure 33 Asia Pacific: Thermal Management Market Snapshot
Figure 34 Thermal Management Market Overview: Dive Analysis
Figure 35 Market Evolution Framework Product Launches and Developments is the Major Strategy Adopted By Market Players
Figure 36 Battle for Market Share: Product Launches and Developments Was the Key Growth Strategy
Figure 37 Honeywell International Inc.: Company Snapshot
Figure 38 Vertiv Co.: Company Snapshot
Figure 39 Laird PLC: Company Snapshot
Figure 40 Henkel AG & Company, KGaA: Company Snapshot
Figure 41 Delta Electronics, Inc.: Company Snapshot
Note: Product cover images may vary from those shown
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  • API Heat Transfer
  • Aavid Thermalloy LLC.
  • Advanced Cooling Technologies, Inc.
  • Amerasia International (AI) Technology Inc.
  • Dau Thermal Solutions Inc
  • Delta Electronics, Inc.
  • European Thermodynamics Ltd.
  • Heatex AB
  • Henkel AG & Company, KGaA
  • Honeywell International Inc.
  • Jaro Thermal
  • Laird PLC
  • Lord Corporation
  • Master Bond Inc.
  • Parker Chomerics
  • Thermotek
  • Vertiv Co.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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