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North America Thermal Management Technologies Market Size, Share & Trends Analysis Report By Material (Adhesive Material, and Non-adhesive Material), By Device, By Service, By End-use, By Country and Growth Forecast, 2024 - 2031

Publisher Knowledge Based Value (KBV) Research
Published Sep 13, 2024
Length 147 Pages
SKU # KBV19169956

Description

North America Thermal Management Technologies Market Size, Share & Trends Analysis Report By Material (Adhesive Material, and Non-adhesive Material), By Device, By Service, By End-use, By Country and Growth Forecast, 2024 - 2031


The North America Thermal Management Technologies Market would witness market growth of 9.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America Thermal Management Technologies Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,791.3 million by 2031. The Canada market is experiencing a CAGR of 11.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.7% during (2024 - 2031).

At its core, thermal management encompasses various techniques, materials, and systems designed to control the temperature of devices and machinery, ensuring they operate within safe limits. If not properly managed, heat can cause various issues, including device malfunction, degradation of materials, and even catastrophic failure.

Additionally, in electronic devices, overheating can lead to performance drops, reduced battery life, and, in extreme cases, permanent damage to components. Thermal management solutions such as heat sinks, fans, liquid cooling systems, phase-change materials, and advanced thermal interface materials (TIMs) are deployed to prevent these outcomes.

The North American market for this is undergoing substantial growth, primarily due to the development of the healthcare sector in the United States, Canada, and Mexico. The region’s healthcare industry, valued at trillions of dollars, is embracing technological advancements that require efficient cooling solutions to maintain the performance and safety of medical devices.

Based on Material, the market is segmented into Adhesive Material, and Non-adhesive Material. Based on Device, the market is segmented into Conduction Cooling Device, Convection Cooling Devices, Advanced Cooling Devices, and Other Device. Based on Service, the market is segmented into Installation & Calibration, and Optimization & Post Sales Service. Based on End-use, the market is segmented into Consumer Electronics, Service & Data Centers, Automotive, Healthcare, and Other End-use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Schneider Electric SE
  • Delta Electronics, Inc.
  • Honeywell International Inc.
  • Siemens AG
  • STMicroelectronics N.V.
  • 3M Company
  • Vertiv Holdings Co.
  • Eaton Corporation plc
  • ANSYS, Inc.
  • Parker Hannifin Corporation
North America Thermal Management Technologies Market Report Segmentation

By Material
  • Adhesive Material
  • Non-adhesive Material
By Device
  • Conduction Cooling Device
  • Convection Cooling Devices
  • Advanced Cooling Devices
  • Other Device
By Service
  • Installation & Calibration
  • Optimization & Post Sales Service
By End-use
  • Consumer Electronics
  • Service & Data Centers
  • Automotive
  • Healthcare
  • Other End-use
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

147 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Thermal Management Technologies Market, by Material
1.4.2 North America Thermal Management Technologies Market, by Device
1.4.3 North America Thermal Management Technologies Market, by Service
1.4.4 North America Thermal Management Technologies Market, by End-use
1.4.5 North America Thermal Management Technologies Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansion
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jun – 2024, Jul) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Thermal Management Technologies Market by Material
5.1 North America Adhesive Material Market by Region
5.2 North America Non-adhesive Material Market by Region
Chapter 6. North America Thermal Management Technologies Market by Device
6.1 North America Conduction Cooling Device Market by Country
6.2 North America Convection Cooling Devices Market by Country
6.3 North America Advanced Cooling Devices Market by Country
6.4 North America Other Device Market by Country
Chapter 7. North America Thermal Management Technologies Market by Service
7.1 North America Installation & Calibration Market by Country
7.2 North America Optimization & Post Sales Service Market by Country
Chapter 8. North America Thermal Management Technologies Market by End-use
8.1 North America Consumer Electronics Market by Country
8.2 North America Service & Data Centers Market by Country
8.3 North America Automotive Market by Country
8.4 North America Healthcare Market by Country
8.5 North America Other End-use Market by Country
Chapter 9. North America Thermal Management Technologies Market by Country
9.1 US Thermal Management Technologies Market
9.1.1 US Thermal Management Technologies Market by Material
9.1.2 US Thermal Management Technologies Market by Device
9.1.3 US Thermal Management Technologies Market by Service
9.1.4 US Thermal Management Technologies Market by End-use
9.2 Canada Thermal Management Technologies Market
9.2.1 Canada Thermal Management Technologies Market by Material
9.2.2 Canada Thermal Management Technologies Market by Device
9.2.3 Canada Thermal Management Technologies Market by Service
9.2.4 Canada Thermal Management Technologies Market by End-use
9.3 Mexico Thermal Management Technologies Market
9.3.1 Mexico Thermal Management Technologies Market by Material
9.3.2 Mexico Thermal Management Technologies Market by Device
9.3.3 Mexico Thermal Management Technologies Market by Service
9.3.4 Mexico Thermal Management Technologies Market by End-use
9.4 Rest of North America Thermal Management Technologies Market
9.4.1 Rest of North America Thermal Management Technologies Market by Material
9.4.2 Rest of North America Thermal Management Technologies Market by Device
9.4.3 Rest of North America Thermal Management Technologies Market by Service
9.4.4 Rest of North America Thermal Management Technologies Market by End-use
Chapter 10. Company Profiles
10.1 Schneider Electric SE
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Geographical Expansions:
10.1.6 SWOT Analysis
10.2 Delta Electronics, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Product Launches and Product Expansions:
10.2.5.3 Acquisition and Mergers:
10.2.5.4 Geographical Expansions:
10.3 Honeywell International, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.5.3 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Siemens AG
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Product Launches and Product Expansions:
10.4.6 SWOT Analysis
10.5 STMicroelectronics N.V.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 SWOT Analysis
10.6 3M Company
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.6 SWOT Analysis
10.7 Vertiv Holdings Co.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional Analysis
10.7.4 Recent strategies and developments:
10.7.4.1 Partnerships, Collaborations, and Agreements:
10.7.4.2 Product Launches and Product Expansions:
10.7.4.3 Acquisition and Mergers:
10.7.4.4 Geographical Expansions:
10.8 Eaton Corporation PLC
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Partnerships, Collaborations, and Agreements:
10.8.5.2 Acquisition and Mergers:
10.8.6 SWOT Analysis
10.9 ANSYS, Inc.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.6 SWOT Analysis
10.10. Parker Hannifin Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments:
10.10.5.1 Product Launches and Product Expansions:
10.10.5.2 Acquisition and Mergers:
10.10.6 SWOT Analysis

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