Market Research Estimates Thermal Management Revenues at $11 Billion by 2016FEB 24, 2012 - 06:08 ET
ROCKVILLE, MD--(Marketwire - February 24, 2012) - MarketResearch.com has announced the addition of the new report "Top Ten Thermal Management Companies and Emerging Transformative Technologies," to their collection of Computer Hardware & Networking market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Thermal-Management-Companies-Emerging-Transformative-6801435/
"Thermal management" is the term used to describe the array of material technologies and problem-solving design tools that systems manufacturers apply to regulate the unwanted heat caused by the normal functioning of an electronic system. Thermal management technologies are an important part of the electronics industry's drive to develop ever higher-performance applications.
This focused document profiles the top 10 companies of this industry, and updates the emerging and potentially transformative technologies connected to the field. The definition of the industry is broadened beyond purely electronic cooling for this report, and includes overlapping green energy opportunities, as there is evident movement toward these high potential areas.
In 2011, the world thermal management market sector is valued at about $8 billion. 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 4% and 6% of the market.
The report expects total global thermal management revenues to grow from $7.5 billion in 2009 to $10.9 billion in 2016, a CAGR of 6.4% over the next 5 years.
Hardware is the largest product segment, with revenues of $6.3 billion (84% of the market) in 2010 and $9.1 billion (83.8%) in 2016. The thermal management software market was worth $350 million (4.7% of the total thermal management market) in 2010, a figure that BCC Research expects to exceed $500 million (4.6% of the projected market) by 2016.
For more information, visit http://www.marketresearch.com/BCC-Research-v374/Thermal-Management-Companies-Emerging-Transformative-6801435/
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