How big is the Thermal Management Technologies Market?

The Thermal Management Technologies Market size is expected to reach USD 12.62 billion in 2024 and grow at a CAGR of 8.30% to reach USD 18.80 billion by 2029. Read More

What is the current Thermal Management Technologies Market size?

In 2024, the Thermal Management Technologies Market size is expected to reach USD 12.62 billion. Read More

Who are the key players in Thermal Management Technologies Market?

Parker Hannifin Corporation, Advanced Cooling Technologies Inc., Honeywell International Inc., Gentherm Incorporated and Autoneum Holding AG are the major companies operating in the Thermal Management Technologies Market. Read More

Which is the fastest growing region in Thermal Management Technologies Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Thermal Management Technologies Market?

In 2024, the North America accounts for the largest market share in Thermal Management Technologies Market. Read More

What years does this Thermal Management Technologies Market cover, and what was the market size in 2023?

In 2023, the Thermal Management Technologies Market size was estimated at USD 11.65 billion. The report covers the Thermal Management Technologies Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Thermal Management Technologies Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Thermal Management Technologies Market Share

Statistics for the 2023 & 2024 Thermal Management Technologies market share, created by Mordor Intelligence™ Industry Reports. Thermal Management Technologies share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Thermal Management Technologies Industry

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.