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Synopsis
A thermal management system involves controlling temperature through technology. This technology is based on thermodynamics and heat transfer.
Highlights
The global Thermal Management Systems market was valued at US$ 2543.4 million in 2022 and is anticipated to reach US$ 3903.4 million by 2029, witnessing a CAGR of 7.4% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Parker Hannifin Corp was the global largest producer in 2018, accounted for over 9% market share in the global market.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Thermal Management Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermal Management Systems.
The Thermal Management Systems market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Thermal Management Systems market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermal Management Systems companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Segment by Type
Segment by Application
By Region
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Thermal Management Systems companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Thermal Management Systems Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Air Cycle Refrigeration Technology
1.2.3 Vapor Cycle Refrigeration Technology
1.3 Market by Application
1.3.1 Global Thermal Management Systems Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Military
1.3.3 Aerospace
1.3.4 Shipping
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Thermal Management Systems Market Perspective (2018-2029)
2.2 Thermal Management Systems Growth Trends by Region
2.2.1 Global Thermal Management Systems Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Thermal Management Systems Historic Market Size by Region (2018-2023)
2.2.3 Thermal Management Systems Forecasted Market Size by Region (2024-2029)
2.3 Thermal Management Systems Market Dynamics
2.3.1 Thermal Management Systems Industry Trends
2.3.2 Thermal Management Systems Market Drivers
2.3.3 Thermal Management Systems Market Challenges
2.3.4 Thermal Management Systems Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Thermal Management Systems Players by Revenue
3.1.1 Global Top Thermal Management Systems Players by Revenue (2018-2023)
3.1.2 Global Thermal Management Systems Revenue Market Share by Players (2018-2023)
3.2 Global Thermal Management Systems Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Thermal Management Systems Revenue
3.4 Global Thermal Management Systems Market Concentration Ratio
3.4.1 Global Thermal Management Systems Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Thermal Management Systems Revenue in 2022
3.5 Thermal Management Systems Key Players Head office and Area Served
3.6 Key Players Thermal Management Systems Product Solution and Service
3.7 Date of Enter into Thermal Management Systems Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Thermal Management Systems Breakdown Data by Type
4.1 Global Thermal Management Systems Historic Market Size by Type (2018-2023)
4.2 Global Thermal Management Systems Forecasted Market Size by Type (2024-2029)
5 Thermal Management Systems Breakdown Data by Application
5.1 Global Thermal Management Systems Historic Market Size by Application (2018-2023)
5.2 Global Thermal Management Systems Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Thermal Management Systems Market Size (2018-2029)
6.2 North America Thermal Management Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Thermal Management Systems Market Size by Country (2018-2023)
6.4 North America Thermal Management Systems Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Thermal Management Systems Market Size (2018-2029)
7.2 Europe Thermal Management Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Thermal Management Systems Market Size by Country (2018-2023)
7.4 Europe Thermal Management Systems Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Thermal Management Systems Market Size (2018-2029)
8.2 Asia-Pacific Thermal Management Systems Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Thermal Management Systems Market Size by Region (2018-2023)
8.4 Asia-Pacific Thermal Management Systems Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Thermal Management Systems Market Size (2018-2029)
9.2 Latin America Thermal Management Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Thermal Management Systems Market Size by Country (2018-2023)
9.4 Latin America Thermal Management Systems Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Thermal Management Systems Market Size (2018-2029)
10.2 Middle East & Africa Thermal Management Systems Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Thermal Management Systems Market Size by Country (2018-2023)
10.4 Middle East & Africa Thermal Management Systems Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Collins Aerospace
11.1.1 Collins Aerospace Company Detail
11.1.2 Collins Aerospace Business Overview
11.1.3 Collins Aerospace Thermal Management Systems Introduction
11.1.4 Collins Aerospace Revenue in Thermal Management Systems Business (2018-2023)
11.1.5 Collins Aerospace Recent Development
11.2 Parker Hannifin Corp
11.2.1 Parker Hannifin Corp Company Detail
11.2.2 Parker Hannifin Corp Business Overview
11.2.3 Parker Hannifin Corp Thermal Management Systems Introduction
11.2.4 Parker Hannifin Corp Revenue in Thermal Management Systems Business (2018-2023)
11.2.5 Parker Hannifin Corp Recent Development
11.3 Meggitt
11.3.1 Meggitt Company Detail
11.3.2 Meggitt Business Overview
11.3.3 Meggitt Thermal Management Systems Introduction
11.3.4 Meggitt Revenue in Thermal Management Systems Business (2018-2023)
11.3.5 Meggitt Recent Development
11.4 AMETEK
11.4.1 AMETEK Company Detail
11.4.2 AMETEK Business Overview
11.4.3 AMETEK Thermal Management Systems Introduction
11.4.4 AMETEK Revenue in Thermal Management Systems Business (2018-2023)
11.4.5 AMETEK Recent Development
11.5 Honeywell International
11.5.1 Honeywell International Company Detail
11.5.2 Honeywell International Business Overview
11.5.3 Honeywell International Thermal Management Systems Introduction
11.5.4 Honeywell International Revenue in Thermal Management Systems Business (2018-2023)
11.5.5 Honeywell International Recent Development
11.6 Advanced Cooling Technologies
11.6.1 Advanced Cooling Technologies Company Detail
11.6.2 Advanced Cooling Technologies Business Overview
11.6.3 Advanced Cooling Technologies Thermal Management Systems Introduction
11.6.4 Advanced Cooling Technologies Revenue in Thermal Management Systems Business (2018-2023)
11.6.5 Advanced Cooling Technologies Recent Development
11.7 Boyd
11.7.1 Boyd Company Detail
11.7.2 Boyd Business Overview
11.7.3 Boyd Thermal Management Systems Introduction
11.7.4 Boyd Revenue in Thermal Management Systems Business (2018-2023)
11.7.5 Boyd Recent Development
11.8 Sumitomo Precision Products
11.8.1 Sumitomo Precision Products Company Detail
11.8.2 Sumitomo Precision Products Business Overview
11.8.3 Sumitomo Precision Products Thermal Management Systems Introduction
11.8.4 Sumitomo Precision Products Revenue in Thermal Management Systems Business (2018-2023)
11.8.5 Sumitomo Precision Products Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
List of Tables
List of Tables
Table 1. Global Thermal Management Systems Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029
Table 2. Key Players of Air Cycle Refrigeration Technology
Table 3. Key Players of Vapor Cycle Refrigeration Technology
Table 4. Global Thermal Management Systems Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029
Table 5. Global Thermal Management Systems Market Size by Region (US$ Million): 2018 VS 2022 VS 2029
Table 6. Global Thermal Management Systems Market Size by Region (2018-2023) & (US$ Million)
Table 7. Global Thermal Management Systems Market Share by Region (2018-2023)
Table 8. Global Thermal Management Systems Forecasted Market Size by Region (2024-2029) & (US$ Million)
Table 9. Global Thermal Management Systems Market Share by Region (2024-2029)
Table 10. Thermal Management Systems Market Trends
Table 11. Thermal Management Systems Market Drivers
Table 12. Thermal Management Systems Market Challenges
Table 13. Thermal Management Systems Market Restraints
Table 14. Global Thermal Management Systems Revenue by Players (2018-2023) & (US$ Million)
Table 15. Global Thermal Management Systems Market Share by Players (2018-2023)
Table 16. Global Top Thermal Management Systems Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermal Management Systems as of 2022)
Table 17. Ranking of Global Top Thermal Management Systems Companies by Revenue (US$ Million) in 2022
Table 18. Global 5 Largest Players Market Share by Thermal Management Systems Revenue (CR5 and HHI) & (2018-2023)
Table 19. Key Players Headquarters and Area Served
Table 20. Key Players Thermal Management Systems Product Solution and Service
Table 21. Date of Enter into Thermal Management Systems Market
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global Thermal Management Systems Market Size by Type (2018-2023) & (US$ Million)
Table 24. Global Thermal Management Systems Revenue Market Share by Type (2018-2023)
Table 25. Global Thermal Management Systems Forecasted Market Size by Type (2024-2029) & (US$ Million)
Table 26. Global Thermal Management Systems Revenue Market Share by Type (2024-2029)
Table 27. Global Thermal Management Systems Market Size by Application (2018-2023) & (US$ Million)
Table 28. Global Thermal Management Systems Revenue Market Share by Application (2018-2023)
Table 29. Global Thermal Management Systems Forecasted Market Size by Application (2024-2029) & (US$ Million)
Table 30. Global Thermal Management Systems Revenue Market Share by Application (2024-2029)
Table 31. North America Thermal Management Systems Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 32. North America Thermal Management Systems Market Size by Country (2018-2023) & (US$ Million)
Table 33. North America Thermal Management Systems Market Size by Country (2024-2029) & (US$ Million)
Table 34. Europe Thermal Management Systems Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 35. Europe Thermal Management Systems Market Size by Country (2018-2023) & (US$ Million)
Table 36. Europe Thermal Management Systems Market Size by Country (2024-2029) & (US$ Million)
Table 37. Asia-Pacific Thermal Management Systems Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029
Table 38. Asia-Pacific Thermal Management Systems Market Size by Region (2018-2023) & (US$ Million)
Table 39. Asia-Pacific Thermal Management Systems Market Size by Region (2024-2029) & (US$ Million)
Table 40. Latin America Thermal Management Systems Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 41. Latin America Thermal Management Systems Market Size by Country (2018-2023) & (US$ Million)
Table 42. Latin America Thermal Management Systems Market Size by Country (2024-2029) & (US$ Million)
Table 43. Middle East & Africa Thermal Management Systems Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029
Table 44. Middle East & Africa Thermal Management Systems Market Size by Country (2018-2023) & (US$ Million)
Table 45. Middle East & Africa Thermal Management Systems Market Size by Country (2024-2029) & (US$ Million)
Table 46. Collins Aerospace Company Detail
Table 47. Collins Aerospace Business Overview
Table 48. Collins Aerospace Thermal Management Systems Product
Table 49. Collins Aerospace Revenue in Thermal Management Systems Business (2018-2023) & (US$ Million)
Table 50. Collins Aerospace Recent Development
Table 51. Parker Hannifin Corp Company Detail
Table 52. Parker Hannifin Corp Business Overview
Table 53. Parker Hannifin Corp Thermal Management Systems Product
Table 54. Parker Hannifin Corp Revenue in Thermal Management Systems Business (2018-2023) & (US$ Million)
Table 55. Parker Hannifin Corp Recent Development
Table 56. Meggitt Company Detail
Table 57. Meggitt Business Overview
Table 58. Meggitt Thermal Management Systems Product
Table 59. Meggitt Revenue in Thermal Management Systems Business (2018-2023) & (US$ Million)
Table 60. Meggitt Recent Development
Table 61. AMETEK Company Detail
Table 62. AMETEK Business Overview
Table 63. AMETEK Thermal Management Systems Product
Table 64. AMETEK Revenue in Thermal Management Systems Business (2018-2023) & (US$ Million)
Table 65. AMETEK Recent Development
Table 66. Honeywell International Company Detail
Table 67. Honeywell International Business Overview
Table 68. Honeywell International Thermal Management Systems Product
Table 69. Honeywell International Revenue in Thermal Management Systems Business (2018-2023) & (US$ Million)
Table 70. Honeywell International Recent Development
Table 71. Advanced Cooling Technologies Company Detail
Table 72. Advanced Cooling Technologies Business Overview
Table 73. Advanced Cooling Technologies Thermal Management Systems Product
Table 74. Advanced Cooling Technologies Revenue in Thermal Management Systems Business (2018-2023) & (US$ Million)
Table 75. Advanced Cooling Technologies Recent Development
Table 76. Boyd Company Detail
Table 77. Boyd Business Overview
Table 78. Boyd Thermal Management Systems Product
Table 79. Boyd Revenue in Thermal Management Systems Business (2018-2023) & (US$ Million)
Table 80. Boyd Recent Development
Table 81. Sumitomo Precision Products Company Detail
Table 82. Sumitomo Precision Products Business Overview
Table 83. Sumitomo Precision Products Thermal Management Systems Product
Table 84. Sumitomo Precision Products Revenue in Thermal Management Systems Business (2018-2023) & (US$ Million)
Table 85. Sumitomo Precision Products Recent Development
Table 86. Research Programs/Design for This Report
Table 87. Key Data Information from Secondary Sources
Table 88. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Thermal Management Systems Market Size Comparison by Type (2023-2029) & (US$ Million)
Figure 2. Global Thermal Management Systems Market Share by Type: 2022 VS 2029
Figure 3. Air Cycle Refrigeration Technology Features
Figure 4. Vapor Cycle Refrigeration Technology Features
Figure 5. Global Thermal Management Systems Market Size Comparison by Application (2023-2029) & (US$ Million)
Figure 6. Global Thermal Management Systems Market Share by Application: 2022 VS 2029
Figure 7. Military Case Studies
Figure 8. Aerospace Case Studies
Figure 9. Shipping Case Studies
Figure 10. Others Case Studies
Figure 11. Thermal Management Systems Report Years Considered
Figure 12. Global Thermal Management Systems Market Size (US$ Million), Year-over-Year: 2018-2029
Figure 13. Global Thermal Management Systems Market Size, (US$ Million), 2018 VS 2022 VS 2029
Figure 14. Global Thermal Management Systems Market Share by Region: 2022 VS 2029
Figure 15. Global Thermal Management Systems Market Share by Players in 2022
Figure 16. Global Top Thermal Management Systems Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermal Management Systems as of 2022)
Figure 17. The Top 10 and 5 Players Market Share by Thermal Management Systems Revenue in 2022
Figure 18. North America Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 19. North America Thermal Management Systems Market Share by Country (2018-2029)
Figure 20. United States Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 21. Canada Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 22. Europe Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 23. Europe Thermal Management Systems Market Share by Country (2018-2029)
Figure 24. Germany Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 25. France Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 26. U.K. Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 27. Italy Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 28. Russia Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 29. Nordic Countries Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 30. Asia-Pacific Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 31. Asia-Pacific Thermal Management Systems Market Share by Region (2018-2029)
Figure 32. China Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 33. Japan Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 34. South Korea Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 35. Southeast Asia Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 36. India Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 37. Australia Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 38. Latin America Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 39. Latin America Thermal Management Systems Market Share by Country (2018-2029)
Figure 40. Mexico Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 41. Brazil Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 42. Middle East & Africa Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 43. Middle East & Africa Thermal Management Systems Market Share by Country (2018-2029)
Figure 44. Turkey Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 45. Saudi Arabia Thermal Management Systems Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 46. Collins Aerospace Revenue Growth Rate in Thermal Management Systems Business (2018-2023)
Figure 47. Parker Hannifin Corp Revenue Growth Rate in Thermal Management Systems Business (2018-2023)
Figure 48. Meggitt Revenue Growth Rate in Thermal Management Systems Business (2018-2023)
Figure 49. AMETEK Revenue Growth Rate in Thermal Management Systems Business (2018-2023)
Figure 50. Honeywell International Revenue Growth Rate in Thermal Management Systems Business (2018-2023)
Figure 51. Advanced Cooling Technologies Revenue Growth Rate in Thermal Management Systems Business (2018-2023)
Figure 52. Boyd Revenue Growth Rate in Thermal Management Systems Business (2018-2023)
Figure 53. Sumitomo Precision Products Revenue Growth Rate in Thermal Management Systems Business (2018-2023)
Figure 54. Bottom-up and Top-down Approaches for This Report
Figure 55. Data Triangulation
Figure 56. Key Executives Interviewed
Published By : QY Research