Global Thermal Management Technologies Market Size & Outlook
The global thermal management technologies market size was estimated at USD 14,165.8 million in 2023 and is projected to reach USD 27,753.8 million by 2030, growing at a CAGR of 10.1% from 2024 to 2030.
Revenue, 2023 (US$M)
$14,165.8
Forecast, 2030 (US$M)
$27,753.8
CAGR, 2024 - 2030
10.1%
Report Coverage
Worldwide
Global thermal management technologies market, 2018-2030 (US$M)
Related Markets
Global thermal management technologies market highlights
- The global thermal management technologies market generated a revenue of USD 14,165.8 million in 2023 and is expected to reach USD 27,753.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.1% by 2030.
- In terms of segment, adhesive material accounted for a revenue of USD 14,165.8 million in 2023.
- Adhesive Material is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 14,165.8 million |
| Market revenue in 2030 | USD 27,753.8 million |
| Growth rate | 10.1% (CAGR from 2023 to 2030) |
| Largest segment | Adhesive material |
| Fastest growing segment | Adhesive Material |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adhesive Material |
Other key industry trends
- In terms of revenue, the North America accounted for 33.3% of the global thermal management technologies market in 2023.
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Thermal Management Technologies Market Scope
Thermal management technologies market segmentation & scope
Device
Conduction Cooling Device
Convection Cooling Device
Advance Cooling Device
Others
Service
Installation & Calibration
Optimization & Post Sales Service
End Use
Consumers Electronics
Service & Data Centers
Automotive
Healthcare
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
Australia
South Korea
Brazil
South Africa
Saudi Arabia
UAE
Thermal Management Technologies Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Wakefield-Vette | View profile | 251-500 | Pelham, New Hampshire, United States, North America | http://www.wakefield-vette.com/ |
| Aavid Thermalloy | View profile | 1001-5000 | Laconia, New Hampshire, United States, North America | http://aavid.com |
| Advanced Cooling Technologies | View profile | 51-100 | Lancaster, Pennsylvania, United States, North America | http://www.1-act.com |
| Boyd Corporation | View profile | 5001-10000 | Pleasanton, California, United States, North America | http://www.boydcorp.com/ |
| Fujikura Ltd | View profile | 62538 | 5-1 Kiba 1-chome, Koto-ku, Tokyo, Japan, 135-8512 | http://www.fujikura.co.jp |
| Delta Electronics Inc DR | View profile | 68000 | No. 186, Ruey Kuang Road, Neihu District, Taipei, Taiwan, 11491 | https://www.deltaww.com |
| Vertiv Holdings Co Class A | View profile | 27000 | 505 North, Cleveland Avenue, Westerville, OH, United States, 43082 | https://www.vertiv.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| STMicroelectronics NV | View profile | 51323 | 39, Chemin du Champ des Filles, Plan-Les-Ouates, Geneva, Switzerland, 1228 | https://www.st.com |
Global thermal management technologies market size, by regions, 2018-2030 (US$M)
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