Report cover image

The Global Market for Thermal Management Technologies

Publisher BCC Research
Published Dec 18, 2025
Length 148 Pages
SKU # WA20679060

Description

Report Scope

The report analyzes the global thermal management (TM) technologies market across key segments, including device type, product type and application. By device type, the market encompasses convection cooling devices, conduction cooling devices, hybrid cooling devices and advanced cooling devices that enable efficient heat dissipation and temperature regulation in various systems. By product type, the market covers hardware, thermal interface materials, software solutions for simulation and design optimization, specialized services, and substrates that enhance thermal conductivity and integration efficiency. TM technologies are deployed across various applications, such as consumer electronics, industrial and military electronics, data centers, automotive systems, healthcare equipment, telecommunications infrastructure, renewable energy systems and other specialized sectors where precise heat control is essential for performance, reliability and longevity.

The report provides a comprehensive regional analysis covering North America, Europe, the Asia-Pacific region, and the Rest of the World (RoW), which includes Latin America, the Middle East, and Africa. It evaluates market dynamics, including drivers, challenges and emerging trends, while highlighting innovations in material design and performance enhancements. The study concludes with an analysis of major companies in the market and their products/services. The base year for the study is 2024, with projections for the years 2025 through 2030, including compound annual growth rate (CAGR) for the forecast period.

Report Includes
  • 58 data tables and 38 additional tables
  • An overview of the global market for thermal management (TM) technologies
  • In-depth analysis of global market trends, featuring historical revenue data for 2024, estimated figures for 2025, as well as forecasts for 2027 and 2029. This analysis includes projections of compound annual growth rates (CAGRs) through 2030
  • Evaluation of the current market size and revenue growth prospects specific to thermal management technologies, accompanied by a market share analysis by product type, application, device and region
  • Analysis of current and future demand in the global thermal management technologies market, along with a detailed analysis of the competitive environment, market regulations and reimbursement practices
  • Information on concept development of and hardware test for effective thermal designs and power dissipation and environmental factors affecting thermal management systems, and discussion of rapid prototyping, thermal sensing technologies, new manufacturing processes and developments in thermal management software, such as computational fluid design and heat transfer
  • Analysis of drivers, challenges and opportunities affecting market growth
  • Coverage of evolving technologies, the current and future market potential, R&D activities, growth strategies, new product pipeline, regulatory framework and reimbursement scenarios, and ESG trends of the market
  • Market share analysis of the key market participants in the thermal management technologies market, along with their research priorities, product portfolios, global rankings and competitive landscape
  • Profiles of the major companies, including 3M, Honeywell International Inc., Henkel AG & Co. KGaA, Dow and Parker Hannifin Corp.


Companies Mentioned

3m
Gentherm
Honeywell International Inc.
Alcoa Corp.
Asetek Inc. A/S
Comair Rotron
Altair Engineering Inc.
Ansys Inc.
Hexagon Ab
Ametek Inc.
Dow
Henkel Ag & Co. Kgaa
Parker Hannifin Corp.
Rogers Corp.
Amkor Technology
Materion Corp.

Table of Contents

148 Pages
Chapter 1 Executive Summary
Market Outlook
Scope of Report
Market Summary
Market Dynamics and Growth Factors
Emerging Technologies
Segmental Analysis
Regional Analysis
Conclusion
Chapter 2 Market Overview
Current Market Overview
Future Outlook
Macroeconomic Factors Analysis
Interest Rates and Central Bank Policy
Global Supply Chain Stability
Technology Adoption Rates
Impact of U.S. Tariff Announcements
Value Chain Analysis
Raw Material/Component Suppliers
Component Assemblers
Consumers/End Users
Porter's Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Potential for New Entrants
Level of Competitiveness
Availability of Substitutes
Chapter 3 Market Dynamics
Key Takeaways
Market Drivers
Electrification and the Rise of High-Power-Density Systems
Increasing TM Requirements in 5G Communication Devices
Increasing Demand for Carbon Dioxide Reduction and Fuel-Efficient Thermal Systems
Market Restraints/Challenges
Design Complexities in TM Systems
High Cost of TM Systems
Market Opportunities
Increasing Interest in Industrial Waste Heat Recovery and Energy Reuse
Rising Demand for Immersion Cooling and Liquid-based Thermal Systems
Chapter 4 Regulatory Landscape
Overview
Regulatory Scenario of TM Systems
Chapter 5 Emerging Technologies
Overview
Emerging Technologies
Nanostructured Materials
Smart Fibers and Textiles
Thermal Transistors
Battery Thermal Management
Patent Analysis
Regional Patterns
Key Findings
Chapter 6 Market Segment Analysis
Segmentation Breakdown
Market Breakdown by Device
Key Takeaways
Convection Cooling Devices
Conduction Cooling Devices
Hybrid Cooling Devices
Advanced Cooling Devices
Market Breakdown by Product Type
Key Takeaways
Hardware
Thermal Interface Materials
Services
Software
Substrates
Market Breakdown by Application
Key Takeaways
Consumer Electronics
Industrial and Military Electronics
Data Centers
Automotive
Healthcare
Telecommunications
Renewable Energy
Others
Geographic Breakdown
Market Breakdown by Region
Key Takeaways
North America
Europe
Asia-Pacific
Rest of the World
Chapter 7 Competitive Landscape
Key Takeaways
Market Ecosystem Analysis
Material Suppliers
Component and Hardware Manufacturers
System Manufacturers and Integrators
Software and Simulation Solution Providers
Technology Developers and Research Institutions
Regulatory Bodies and Industry Associations
End-Use Industries
Analysis of Key Companies
3M
Honeywell International Inc.
Henkel AG & Co. KGaA
Dow
Parker Hannifin Corp.
Strategic Analysis
Recent Developments
Chapter 8 Environmental, Social and Governance (ESG) Perspective
Key Takeaways
Environmental Impact
Social Impact
Governance Impact
Current Status of ESG in the TM Technologies Market
Concluding Remarks from BCC
Chapter 9 Appendix
Research Methodology
References
Abbreviations
Company Profiles
Thermal Management Solutions Providers
3M
GENTHERM
HONEYWELL INTERNATIONAL INC.
Thermal Management Hardware Providers
ALCOA CORP.
ASETEK INC. A/S
COMAIR ROTRON
Thermal Management Software Providers
ALTAIR ENGINEERING INC.
ANSYS INC.
HEXAGON AB
Thermal Management Interface Materials Providers
AMETEK INC.
DOW
HENKEL AG & CO. KGAA
PARKER HANNIFIN CORP.
ROGERS CORP.
Thermal Management Substrates Providers
AMKOR TECHNOLOGY
MATERION CORP.
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.