Thermal Management Technologies Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Thermal Management Technologies Market is segmented by Product Type (Software, Hardware, Substrate, Interface), Application (Computers, Consumer Electronics, Automotive Electronics, Telecommunication, Renewable Energy), and Geography (North America, Europe, Asia Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Thermal Management Technologies Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Thermal Management Technologies Industry Overview

The thermal management technologies market is significantly fragmented, with no player accounting for a significant market share. Also, the number of local players is increasing in this market, resulting in increasing competition.

In January 2022 - Parker Lord, a division of Parker Hannifin, expanded its portfolio of products for electric vehicle manufacturers to include new thermally conductive adhesives and one-component (1K) low-density gap fillers to support their product offering of thermal management encapsulants, adhesives, and gap fillers.

In June 2021 - Gentherm announced that it had emerged as the lead investor in a seed round of financing in Israel-based Carrar, a technology developer of advanced thermal management systems for the electric mobility market.

Thermal Management Technologies Market Leaders

  1. Parker Hannifin Corporation

  2. Advanced Cooling Technologies Inc.

  3. Honeywell International Inc.

  4. Gentherm Incorporated

  5. Autoneum Holding AG

  6. *Disclaimer: Major Players sorted in no particular order
Thermal Management Technologies Market Concentration