openPR Logo
Press release

Thermal Management Technologies Market Analysis by Recent Developments and Trends 2022 to 2027 | Parker-Hannifin Corp., Advanced Cooling Technologies Inc., Honeywell International Inc., Gentherm

01-21-2022 10:31 AM CET | Associations & Organizations

Press release from: Market Insights Reports

This report discusses many vital industry facets that influence Global Thermal Management Technologies  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

The thermal management technologies market was valued at USD 10.98 billion in 2020, and it is expected to reach USD 17.08 billion by 2026, registering a CAGR of 7.68% over the forecast period (2021-2026). 

Request for Free Sample copy of the report:

https://www.marketinsightsreports.com/reports/02082592475/thermal-management-technologies-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=S21

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Parker-Hannifin Corp., Advanced Cooling Technologies Inc., Honeywell International Inc., Gentherm Inc., Autoneum Holding AG, Sapa Extrusions Inc., AllCell Technologies, Thermacore Inc., Laird Technologies Inc., Pentair Thermal Management, Outlast Technologies LLC

News and updates

 - February 2020 -- Honeywell International Inc launched Solstice E-Cooling, which uses a two-phase liquid cooling process to remove heat from electronic applications while reducing environmental impact. It is also a dielectric solution, serving as an electrical insulator for equipment to prevent damage from contact with fluids.
- April 2019 -- Gentherm, the global market leader and developer of innovative thermal management technologies, was recognized as a 2019 Automotive News PACE Award winner for its battery thermal management (BTM) system. The prestigious PACE Award recognizes automotive suppliers for superior innovation, technological advancement, and business performance. This enables better battery performance in extreme conditions and prolongs the life of the vehicles battery.

Market Overview

The electronic packaging trend has resulted in increased performance and a reduction in product sizing. This has led to a significant increase in power consumption, which, in turn, demands thermal management for good system performance and reliability by removing high heat flux generated in the electronic devices.

- In the current market scenario, thermal management technologies are evolving rapidly, especially in consumer electronics, due to greater processing capacity. For instance, consider the case of liquid cooling hardware. Previously, liquid cooling technology was limited to high capacity computing hardware. However, in recent times, several smartphones are being equipped with such thermal management technologies.
- Manufacturers such as Samsung and Xiaomi have started showing interest in the adoption of passive cooling technology on their devices, especially smartphones. Thus thermal component makers for these companies are building up their production capacities. For instance, In May 2020, Realme X50 Pro Player Edition launched as a cheaper version of Realme X50 Pro. It features a vapor chamber and a multilayer solid graphite for thermal management.

Regional and Country-level Analysis

- The North American region is expected to account for the largest market share, attributed to the increasing investments for the technological solutions, adoption of the thermal management technologies by various domains, and low operational cost. Some of the prominent players in the thermal management technologies, such as Parker-Hannifin Corp, Advanced Cooling Technologies Inc., Honeywell International Inc., and Gentherm Inc., are headquartered in this region
- Increasing the adoption of renewable energy resources is the primary factor driving the thermal energy storage market. Installations of concentrated solar power plants with thermal energy storage technologies are expected to fuel the growth of the market studied in this region. For instance, in August 2019, Canadas largest solar project, the Travers Solar project, got approval from the Alberta Utilities Commission for its construction and operation.
- Further, the hype for electric vehicl

Get Benefited Discount at-

https://www.marketinsightsreports.com/reports/02082592475/thermal-management-technologies-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/discount?Mode=S21

Thermal Management Technologies Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Thermal Management Technologies market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Thermal Management Technologies market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Thermal Management Technologies Market report.

Buy Now This Report at

https://www.marketinsightsreports.com/report/purchase/02082592475?mode=su?Mode=S21

Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

Contact Us

Irfan Tamboli (Head of Sales) – Market Insights Reports

Phone: + 1704 266 3234

Mob: +91-750-707-8687

sales@marketinsightsreports.com | irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Thermal Management Technologies Market Analysis by Recent Developments and Trends 2022 to 2027 | Parker-Hannifin Corp., Advanced Cooling Technologies Inc., Honeywell International Inc., Gentherm here

News-ID: 2534582 • Views:

More Releases from Market Insights Reports

Cold Chain Monitoring Market May See a Big Move | BlueAir, Denso, Eureka Forbes, Honeywell
Cold Chain Monitoring Market May See a Big Move | BlueAir, Denso, Eureka Forbes, …
Market Insights Reports published a new research publication on "Cold Chain Monitoring Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Cold Chain Monitoring market was mainly driven by the increasing R&D spending across the world. Some of the key players
Outbound Logistics Market Next Big Thing | Major Giants- Draexlmaier, Faurecia, Grupo Antolin
Outbound Logistics Market Next Big Thing | Major Giants- Draexlmaier, Faurecia, …
Market Insights Reports published a new research publication on "Outbound Logistics Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Outbound Logistics market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in
Veterinary Telemedicine Market May See a Big Move | Nestle, Deuerer, The J.M. Smucker
Veterinary Telemedicine Market May See a Big Move | Nestle, Deuerer, The J.M. Sm …
Market Insights Reports published a new research publication on "Veterinary Telemedicine Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Veterinary Telemedicine market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in
Precision Planting Market is Set to Fly High in Years to Come
Precision Planting Market is Set to Fly High in Years to Come
Market Insights Reports published a new research publication on "Precision Planting Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Precision Planting market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in

All 5 Releases


More Releases for Technologies

IFAS Technologies Market is Booming with Strong Growth Prospects | Veolia Water …
HTF MI introduces new research on IFAS Technologies covering the micro level of analysis by competitors and key business segments (2023-2029). The IFAS Technologies explores a comprehensive study of various segments like opportunities, size, development, innovation, sales, and overall growth of major players. The research is carried out on primary and secondary statistics sources and it consists of both qualitative and quantitative detailing. Some of the major key players profiled
GPS Low Noise Amplifiers Market | API Technologies, Broadcom Limited(Avago Techn …
The global gps low noise amplifiers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the gps low noise amplifiers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving
What's Driving the Microprinting Market Growth? Hewlett Packard Enterprise, Hita …
Rising awareness regarding counterfeiting in various sectors is expected to increase microprinting market share over 2019-2025. Increasing fraudulent activities with regards with official documents is encouraging implementation of security printing techniques to detect counterfeiting. According to OECD (Organization for Economic Co-operation & Development), the trade in pirated and counterfeit goods accounts for 3.3% of global trade. The increased frequency of plagiarism is forcing industries to employ security features to assure authenticity
Global 3D Sensors Market 2020-Infineon Technologies, Microchip Technology, Omniv …
The Global 3D Sensors Market report gives a purposeful depiction of the area by the practice for research, amalgamation, and review of data taken from various sources. The market analysts have displayed the different sidelines of the area with a point on recognizing the top players Infineon Technologies, Microchip Technology, Omnivision Technologies, PMD Technologies, Softkinetic, Asustek Computer, Cognex Corporation, IFM Electronic GmbH, Intel Corporation, LMI Technologies, Microsoft Corporation of the
Silicon Photonics Market | Infinera, NeoPhotonics, Avago technologies, Luxtera, …
The lucrative opportunity foreseen to boost silicon photonics market mainly is surging demand for data and telecom communication. Key players such as Cisco are observed as making heavy investments in silicon photonics market for attaining large market share and elevating its global position in silicon photonics market at the market’s nascent stage. HPC (High Performance Computer) and Data Centers to Lead in Silicon Photonics Market HPC (High Performance Computer) and data centers
Global 3D Sensor Market 2018 - Omnivision Technologies, Occipital, Infineon Tech …
The report gives the detailed overview of Global "3D Sensor" Market 2018 and predicts future market trends throughout the forecast period from 2018 to 2025. Also the report executes the great study of Price and Gross Margin, Capacity, Production, Revenue, current geographical zones, technology, demand-supply, Consumption, Import, Export, Market Drivers and Opportunities. In this Professional report, we have investigated the principals, players in the market, product type, and market end-client