Thermal management systems are used in various industries such as military, aerospace, shipping and others. Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018. Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018. The global thermal management systems market is expected to grow at a CAGR of 4.5% from 2021 to 2030.
Some Of The Growth Factors Of This Market:
- Increasing demand for energy efficient products.
- Increasing demand for green technologies.
- Growing need to reduce carbon emissions.
- Rising awareness about the importance of thermal management systems.
- Increasing use of renewable energy sources.
Industry Growth Insights published a new data on “Thermal Management Systems Market”. The research report is titled “Thermal Management Systems Market research by Types (Air Cycle Refrigeration Technology, Vapor Cycle Refrigeration Technology, Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018., Thermal Management System), By Applications (Military, Aerospace, Shipping, Others, Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.), By Players/Companies Collins Aerospace, Parker Hannifin Corp, Meggitt, AMETEK, Honeywell International, Advanced Cooling Technologies, Boyd, Sumitomo Precision Products, Thermal Management System”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Management Systems Market Research Report
By Type
Air Cycle Refrigeration Technology, Vapor Cycle Refrigeration Technology, Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018., Thermal Management System
By Application
Military, Aerospace, Shipping, Others, Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.
By Companies
Collins Aerospace, Parker Hannifin Corp, Meggitt, AMETEK, Honeywell International, Advanced Cooling Technologies, Boyd, Sumitomo Precision Products, Thermal Management System
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Management Systems Market Report Segments:
The global Thermal Management Systems market is segmented on the basis of:
Types
Air Cycle Refrigeration Technology, Vapor Cycle Refrigeration Technology, Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018., Thermal Management System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Aerospace, Shipping, Others, Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Collins Aerospace
- Parker Hannifin Corp
- Meggitt
- AMETEK
- Honeywell International
- Advanced Cooling Technologies
- Boyd
- Sumitomo Precision Products
- Thermal Management System
Highlights of The Thermal Management Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Cycle Refrigeration Technology
- Vapor Cycle Refrigeration Technology
- Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018.
- Thermal Management System
- By Application:
- Military
- Aerospace
- Shipping
- Others
- Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thermal Management Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thermal management systems (TMS) are a set of technologies used to manage the temperature of electronic equipment. They can be divided into two categories: active and passive. Active TMS use energy to reduce or control the temperature of an object, while passive TMS rely on natural convection or airflow to distribute heat evenly.
Some of the key players operating in the thermal management systems market are Collins Aerospace, Parker Hannifin Corp, Meggitt, AMETEK, Honeywell International, Advanced Cooling Technologies, Boyd, Sumitomo Precision Products, Thermal Management System.
The thermal management systems market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Management Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermal Management Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Management Systems Market - Supply Chain
4.5. Global Thermal Management Systems Market Forecast
4.5.1. Thermal Management Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Management Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Management Systems Market Absolute $ Opportunity
5. Global Thermal Management Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermal Management Systems Market Size and Volume Forecast by Type
5.3.1. Air Cycle Refrigeration Technology
5.3.2. Vapor Cycle Refrigeration Technology
5.3.3. Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018.
5.3.4. Thermal Management System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Management Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermal Management Systems Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Aerospace
6.3.3. Shipping
6.3.4. Others
6.3.5. Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Management Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermal Management Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermal Management Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermal Management Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermal Management Systems Demand Share Forecast, 2019-2026
9. North America Thermal Management Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermal Management Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermal Management Systems Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Aerospace
9.4.3. Shipping
9.4.4. Others
9.4.5. Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermal Management Systems Market Size and Volume Forecast by Type
9.7.1. Air Cycle Refrigeration Technology
9.7.2. Vapor Cycle Refrigeration Technology
9.7.3. Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018.
9.7.4. Thermal Management System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermal Management Systems Demand Share Forecast, 2019-2026
10. Latin America Thermal Management Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermal Management Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermal Management Systems Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Aerospace
10.4.3. Shipping
10.4.4. Others
10.4.5. Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermal Management Systems Market Size and Volume Forecast by Type
10.7.1. Air Cycle Refrigeration Technology
10.7.2. Vapor Cycle Refrigeration Technology
10.7.3. Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018.
10.7.4. Thermal Management System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermal Management Systems Demand Share Forecast, 2019-2026
11. Europe Thermal Management Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermal Management Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermal Management Systems Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Aerospace
11.4.3. Shipping
11.4.4. Others
11.4.5. Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermal Management Systems Market Size and Volume Forecast by Type
11.7.1. Air Cycle Refrigeration Technology
11.7.2. Vapor Cycle Refrigeration Technology
11.7.3. Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018.
11.7.4. Thermal Management System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermal Management Systems Demand Share, 2019-2026
12. Asia Pacific Thermal Management Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermal Management Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermal Management Systems Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Aerospace
12.4.3. Shipping
12.4.4. Others
12.4.5. Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermal Management Systems Market Size and Volume Forecast by Type
12.7.1. Air Cycle Refrigeration Technology
12.7.2. Vapor Cycle Refrigeration Technology
12.7.3. Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018.
12.7.4. Thermal Management System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermal Management Systems Demand Share, 2019-2026
13. Middle East & Africa Thermal Management Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermal Management Systems Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermal Management Systems Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Aerospace
13.4.3. Shipping
13.4.4. Others
13.4.5. Thermal management system was widely used in the aerospace industry, with a share of about 68% in 2018.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermal Management Systems Market Size and Volume Forecast by Type
13.7.1. Air Cycle Refrigeration Technology
13.7.2. Vapor Cycle Refrigeration Technology
13.7.3. Air cycle refrigeration technology was the largest segment of thermal management systems, with a market share of more than 81% in 2018.
13.7.4. Thermal Management System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermal Management Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Management Systems Market: Market Share Analysis
14.2. Thermal Management Systems Distributors and Customers
14.3. Thermal Management Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Collins Aerospace
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Parker Hannifin Corp
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Meggitt
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AMETEK
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honeywell International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Advanced Cooling Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Boyd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sumitomo Precision Products
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Thermal Management System
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.
