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Global Thermal Management Market Is Expected to Grow at a CAGR of 5.0% and Will Reach USD 69.6 Billion in 2024, from USD 52 Billion in 2019

New Global Thermal Management Market 2024 Report Covers market forecast and top Companies like Hanon Systems, Honeywell, Vertiv, Gentherm, Delta and others.

Posted: Monday, April 29, 2019 at 1:46 PM CDT

Lewes, DE -- (SBWire) -- 04/29/2019 --Thermal Management market is expected to grow at a CAGR of roughly 5.0% over the next five years, will reach 69.6 Billion USD in 2024, from 52 Billion USD in 2019.

This report studies the Thermal Management market, Thermal management is the ability to control the temperature and noise level of a system by means of technology based on thermodynamics and heat transfer. Advancements in the electronics industry have led to an increased need for innovative thermal management technologies to improve the system performance and reliability by removing high heat flux generated in the electronic devices.

Scope of the Report:
In application, Thermal Management downstream is wide and recently Thermal Management has acquired increasing significance in various fields of Automotive, Aerospace and Defense, Servers and Data Centers, Consumer Electronics and others. Globally, the Thermal Management market is mainly driven by growing demand for Automotive which accounts for nearly 85% of total downstream consumption of Thermal Management.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Thermal Management production will show a trend of steady growth. In 2024 the production of Thermal Management is estimated to be 133958 K Units.
The worldwide market for Thermal Management is expected to grow at a CAGR of roughly 5.0% over the next five years, will reach 69600 million US$ in 2024, from 52000 million US$ in 2019, according to a new study.
This report focuses on the Thermal Management in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
DENSO
Valeo
MAHLE
Hanon Systems
Honeywell
Vertiv
Gentherm
Delta
Laird
Boyd Corporation
Heatex
European Thermodynamics
Advanced Cooling Technologies
Dau Thermal Solutions

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Conduction Cooling Devices
Convection Cooling Devices
Hybrid Cooling Devices
Others

Market Segment by Applications, can be divided into
Automotive
Aerospace and Defense
Servers and Data Centers
Consumer Electronics
Medical Equipment

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermal Management product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Thermal Management, with price, sales, revenue and global market share of Thermal Management in 2017 and 2018.
Chapter 3, the Thermal Management competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermal Management breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Thermal Management market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Thermal Management sales channel, distributors, customers, research findings and conclusion, appendix and data source.

Spanning over 124 pages "Forecast of Global Thermal Management Market 2024" report covers Market Overview, Manufacturers Profiles, Global Thermal Management Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), North America Thermal Management by Country, Europe Thermal Management by Country, Asia-Pacific Thermal Management by Country, South America Thermal Management by Country, Middle East and Africa Thermal Management by Countries, Global Thermal Management Market Segment by Type, Global Thermal Management Market Segment by Application, Thermal Management Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix.

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Forecast of Global Thermal Management Market 2024