Thermal Management Market

Thermal Management Market Research Report by Forecast to 2023

thermal solutions Research Report by Forecast to 2023

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Thermal Management Market Research Report by Forecast to 2023

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Thermal Management Market Research Report by Forecast to 2023

Summary The elevation in vehicle energy efficiency, as well as performance combined with the reduction in costs, is boosting the market demand for thermal management. The thermal solutions demand in the electric and hybrid vehicles has grown considerably owing to the improved battery capacity, expanding charging infrastructure, and rising preference for electric vehicles among consumers. DuPont’s top-performing refrigerants provide low global warming potential, which makes them ideal for use in hybrid and electric vehicle battery systems, since they need to keep the temperature range under control.

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Thermal Management Market Research Report by Forecast to 2023

Major Key Players: • • • • • • •

API Heat Transfer (U.S.) AI Technology, Inc.(U.S.) Aavid Thermalloy, LLC (U.S.) Delta Electronics, Inc. (Taiwan) Honeywell International Inc (U.S.) Henkel AG & Co. KGaA (Germany)

Segmentation: The global market for thermal management has been segmented with regard to components, devices, and end-users.

The end-users covered in the report are aerospace & defense, automotive, healthcare, consumer electronics and food & beverages, among others. Among these, consumer electronics forms the biggest segment in the market, owing to the surging demand among consumers along with the evolving lifestyles. Moreover, the automotive sector can gain higher traction in the coming period, because of the growing complexity in the passenger as and commercial heavy-duty vehicles coupled with the rising development of products.

Regional Analysis: Asia Pacific (APAC), the Middle East & Africa (MEA), Europe and North America are the main markets for thermal management.

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Thermal Management Market Research Report by Forecast to 2023

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