Thermal Management Market to Exhibit Impressive Growth during 2020-2026
Posted by nileshdbmr on April 1st, 2021
Global thermal management market is to register a substantial CAGR of 8.28 % in the forecast period of 2020-2026. Electronic devices and circuits often produce excess heat. This excess heat, therefore, needs thermal management in an attempt to avoid errors and hence enhance efficiency.
Major Market Players
Few of the major competitors currently working in the global thermal management marketare Delta Electronics, Inc., PARKER HANNIFIN CORP, Master Bond Inc., Henkel AG & Co. KGaA, LORD Corporation., Laird, HEATEX AB, Honeywell International Inc., AI Technology, Inc., Miba AG, European Thermodynamics Ltd., Boyd Corporation, ThermoTek, API Heat Transfer, Kelvion Holding GmbH, GENTHERM., Vertiv Group Corp., Aismalibar, INHECO Industrial Heating & Cooling GmbH, Cool Innovations, amongst others.
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Several methods are available to allow thermal management to be carried out, including multiple systems such as conduction cooling equipment, convection cooling machines, sophisticated modeling machines and hybrid cooling systems. Thermal management can be performed for apps such as consumer electronics, computers and data centers, manufacturing, aviation and defense and much more.
Segmentation: Global Thermal Management Market
Global thermal management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of thermal management market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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About the Authornileshdbmr
Joined: September 27th, 2019
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