Power Electronics

Global Market For Thermal Management Technologies To Be Worth $10.2 Billion In 2015

According to a new technical market research report, The Market for Thermal Management Technologies (SMC024F) from BCC Research, the value of the global market for thermal management technologies is an estimated $7.5 billion in 2010.

Thermal management technologies are an important part of the electronics industries' drive to develop ever higher-performance applications. This report examines the entire range of thermal management products and solutions in the market today or likely to enter the market in the next 5 years. Although the financial and economic crisis that has afflicted much of the world since 2008 has had a significant impact on most sectors that use electronics thermal management technology, there are signs that the worst of the crisis is generally past. In recent years, there has been tremendous progress, technologically and in terms of demand, in electronic devices and systems. The technological progress has come on two main fronts - increased functionality on a single device unit and miniaturization of each unit. Both of these developments have increased the need for thermal management technology.

Management of the thermal properties of a system, and designing an optimal solution to cater to modern power dissipation, are the cornerstones of thermal management today. This study is about the market for components of electronic devices and systems that aid in the dissipation of excess thermal energy.Thermal management hardware (e.g., fans and blowers, heat sinks, etc.) accounts for about 84% of the total thermal management market. The other main thermal management product segments (software, interface materials, and substrates) each account for between about 4% and 6% of the market.

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