Thermal Management Systems Market In-depth Research covering sales outlook, demand forecast & up-to-date key trends
The global Thermal Management Systems market is expected to grow at a CAGR of 7.7% during the forecast period.
The global Thermal Management Systems market is estimated to be about 2272.64 million US dollars in 2020.
The global Thermal Management Systems market is estimated to reach 3055.05 million USD by 2026.
The global Thermal Management Systems market is segmented by company, region (country), type and application. Participants, stakeholders, and other readers in the global Thermal Management Systems market will be able to gain an advantage as they use reports as a powerful resource.
Thermal Management Systems markets by category
Air Cycle Refrigeration Technology
Vapor Cycle Refrigeration Technology
Thermal Management Systems Market by Application (Percentage of Demand)
Military
Aerospace
Shipping
Others
Who are the leading companies in Thermal Management Systems
Collins Aerospace
Parker Hannifin Corp
Meggitt
AMETEK
Honeywell International
Advanced Cooling Technologies
Boyd
Sumitomo Precision Products
Thermal Management Systems markets by region:
In North America
In Latin America
Europe
The Asia-pacific
Middle East and Africa (MEA)
What are the main countries covered
The United States
Canada
Germany
France
UK
Italy
Russia
China
Japan
Korea
Southeast Asia
India
Australia
Brazil
Mexico
Argentina
Chile
Colombia
Egypt
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Which is the most profitable market
Among regions, North America/Europe/Asia Pacific accounted for the largest share of global personalized beauty equipment as rising consumer incomes led to increased spending at Thermal Management Systems.
What methodology did you follow in your research
This study was conducted by our expert analysts through a combination of primary and secondary studies. The methodology we follow includes a demand-side assessment of the market and triangulation of this through supply-side analysis. The methodology is based on the use of standard market structures, methods, and definitions.
Who were the primary study respondents
We talk to stakeholders across the spectrum. Including C-level executives, distributors, product manufacturers, industry experts, etc.
What are the sources of secondary research
We conduct extensive secondary studies using proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations and research papers.
1. Introduction
1.1 Definition of the Market
1.2 Research Purpose
1.3 Scope of the Study
1.4 Stakeholders
1.5 Geography Coverage
1.6 Currency Under Consideration
1.7 Market Size Units
1.8 Review Cycle
2 Global Market Overview
2.1 Global Thermal Management Systems Revenue and Growth Forecast 2014-2026
2.2 Global Thermal Management Systems Market Size and Growth Forecast 2014-2026
2.3 Global Thermal Management Systems Revenue by Region 2014-2026
2.4 Thermal Management Systems Market Share by Major Regions 2014-2021
2.5 Thermal Management Systems Gross Margin in Different Region 2014-2021
2.6 Global Thermal Management Systems Market History Price and Forecast 2014-2026
2.7 Global Thermal Management Systems Sales Market Share by Top Companies 2014-2021
3 Global Thermal Management Systems Market by Type
3.1 Global Thermal Management Systems Revenue and Growth Rate Segment by Types from 2014-2021
3.2 Global Thermal Management Systems Market Size and Growth Rate Segment by Product Types from 2014-2021
3.3 Global Thermal Management Systems Price Segment by Types from 2014-2021
3.4 Brief Introduction of Different Types
3.4.1 Air Cycle Refrigeration Technology
3.4.2 Vapor Cycle Refrigeration Technology
4 Global Thermal Management Systems Market by Application
4.1 Global Thermal Management Systems Revenue and Growth Rate Segment by Applications from 2014-2021
4.2 Global Thermal Management Systems Market Size and Growth Rate Segment by Product Applications from 2014-2021
4.3 Brief Introduction of Different Applications
4.3.1 Military
4.3.2 Aerospace
4.3.3 Shipping
4.3.4 Others
5 North America Thermal Management Systems Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
5.1 North America Thermal Management Systems Value ($) from 2014-2021
5.2 North America Thermal Management Systems Market Size from 2014-2021
5.3 North America Thermal Management Systems Price Change from 2014-2021
5.4 North America Thermal Management Systems Import and Export from 2014-2021
5.5 North America Thermal Management Systems Market Value ($) and Growth (%) by Type from 2014-2021
5.6 North America Thermal Management Systems Market Value ($) and Growth (%) by Application from 2014-2021
5.7 North America Thermal Management Systems Market Value ($) and Growth (%) by Countries from 2014-2021
5.7.1 The United States
5.7.2 Canada
5.8 Top North America Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
6 Europe Thermal Management Systems Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
6.1 Europe Thermal Management Systems Value ($) from 2014-2021
6.2 Europe Thermal Management Systems Market Size from 2014-2021
6.3 Europe Thermal Management Systems Price Change from 2014-2021
6.4 Europe Thermal Management Systems Import and Export from 2014-2021
6.5 Europe Thermal Management Systems Market Value ($) and Growth (%) by Type from 2014-2021
6.6 Europe Thermal Management Systems Market Value ($) and Growth (%) by Application from 2014-2021
6.7 Europe Thermal Management Systems Market Value ($) and Growth (%) by Countries from 2014-2021
6.7.1 Germany
6.7.2 France
6.7.3 UK
6.7.4 Italy
6.7.5 Russia
…
6.8 Top Europe Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
7 Asia-Pacific Thermal Management Systems Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
7.1 Asia-Pacific Thermal Management Systems Value ($) from 2014-2021
7.2 Asia-Pacific Thermal Management Systems Market Size from 2014-2021
7.3 Asia-Pacific Thermal Management Systems Price Change from 2014-2021
7.4 Asia-Pacific Thermal Management Systems Import and Export from 2014-2021
7.5 Asia-Pacific Thermal Management Systems Market Value ($) and Growth (%) by Type from 2014-2021
7.6 Asia-Pacific Thermal Management Systems Market Value ($) and Growth (%) by Application from 2014-2021
7.7 Asia-Pacific Thermal Management Systems Market Value ($) and Growth (%) by Countries from 2014-2021
7.7.1 China
7.7.2 Japan
7.7.3 Korea
7.7.4 Southeast Asia
7.7.5 India
7.7.6 Australia
…
7.8 Top Asia-Pacific Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
8 Latin America Thermal Management Systems Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
8.1 Latin America Thermal Management Systems Value ($) from 2014-2021
8.2 Latin America Thermal Management Systems Market Size from 2014-2021
8.3 Latin America Thermal Management Systems Price Change from 2014-2021
8.4 Latin America Thermal Management Systems Import and Export from 2014-2021
8.5 Latin America Thermal Management Systems Market Value ($) and Growth (%) by Type from 2014-2021
8.6 Latin America Thermal Management Systems Market Value ($) and Growth (%) by Application from 2014-2021
8.7 Latin America Thermal Management Systems Market Value ($) and Growth (%) by Countries from 2014-2021
8.7.1 Brazil
8.7.2 Mexico
8.7.3 Argentina
8.7.4 Chile
8.7.5 Colombia
…
8.8 Top Latin America Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
9 Middle East & Africa Thermal Management Systems Market (Value, Market Size, Import, Export) and Segmentation (by Type, Application, Countries and Participants)
9.1 Middle East & Africa Thermal Management Systems Value ($) from 2014-2021
9.2 Middle East & Africa Thermal Management Systems Market Size from 2014-2021
9.3 Middle East & Africa Thermal Management Systems Price Change from 2014-2021
9.4 Middle East & Africa Thermal Management Systems Import and Export from 2014-2021
9.5 Middle East & Africa Thermal Management Systems Market Value ($) and Growth (%) by Type from 2014-2021
9.6 Middle East & Africa Thermal Management Systems Market Value ($) and Growth (%) by Application from 2014-2021
9.7 Middle East & Africa Thermal Management Systems Market Value ($) and Growth (%) by Countries from 2014-2021
9.7.1 Egypt
9.7.2 Saudi Arabia
9.7.3 United Arab Emirates
9.7.4 Nigeria
9.7.5 South Africa
…
9.8 Top Middle East & Africa Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
10. Global Level Competitive Intelligence – Company Profiles
10.1 Collins Aerospace
10.1.1 Collins Aerospace Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.1.2 Collins Aerospace Sales, Value, Gross and Gross Margin from 2014-2021
10.1.3 Collins Aerospace Value and Growth Change from 2014-2021
10.1.4 Collins Aerospace Price Change from 2014-2021
10.1.5 Collins Aerospace Product Offered
10.2 Parker Hannifin Corp
10.2.1 Parker Hannifin Corp Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.2.2 Parker Hannifin Corp Sales, Value, Gross and Gross Margin from 2014-2021
10.2.3 Parker Hannifin Corp Value and Growth Change from 2014-2021
10.2.4 Parker Hannifin Corp Price Change from 2014-2021
10.2.5 Parker Hannifin Corp Product Offered
10.3 Meggitt
10.3.1 Meggitt Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.3.2 Meggitt Sales, Value, Gross and Gross Margin from 2014-2021
10.3.3 Meggitt Value and Growth Change from 2014-2021
10.3.4 Meggitt Price Change from 2014-2021
10.3.5 Meggitt Product Offered
10.4 AMETEK
10.4.1 AMETEK Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.4.2 AMETEK Sales, Value, Gross and Gross Margin from 2014-2021
10.4.3 AMETEK Value and Growth Change from 2014-2021
10.4.4 AMETEK Price Change from 2014-2021
10.4.5 AMETEK Product Offered
10.5 Honeywell International
10.5.1 Honeywell International Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.5.2 Honeywell International Sales, Value, Gross and Gross Margin from 2014-2021
10.5.3 Honeywell International Value and Growth Change from 2014-2021
10.5.4 Honeywell International Price Change from 2014-2021
10.5.5 Honeywell International Product Offered
10.6 Advanced Cooling Technologies
10.6.1 Advanced Cooling Technologies Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.6.2 Advanced Cooling Technologies Sales, Value, Gross and Gross Margin from 2014-2021
10.6.3 Advanced Cooling Technologies Value and Growth Change from 2014-2021
10.6.4 Advanced Cooling Technologies Price Change from 2014-2021
10.6.5 Advanced Cooling Technologies Product Offered
10.7 Boyd
10.7.1 Boyd Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.7.2 Boyd Sales, Value, Gross and Gross Margin from 2014-2021
10.7.3 Boyd Value and Growth Change from 2014-2021
10.7.4 Boyd Price Change from 2014-2021
10.7.5 Boyd Product Offered
10.8 Sumitomo Precision Products
10.8.1 Sumitomo Precision Products Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
10.8.2 Sumitomo Precision Products Sales, Value, Gross and Gross Margin from 2014-2021
10.8.3 Sumitomo Precision Products Value and Growth Change from 2014-2021
10.8.4 Sumitomo Precision Products Price Change from 2014-2021
10.8.5 Sumitomo Precision Products Product Offered
11. Market Dynamics
11.1 Driving Factors
11.1.1 Rising Demand in Some Regions: North America/Europe/China/India/Japan …
11.1.2 Increasing Use of Thermal Management Systems by Different End-User/Applications
11.2 Restraints and Challenges in the Market
11.3 Opportunities
11.4 Covid-19 Impact/Evaluation
12. Future Forecast of Global Thermal Management Systems Market from 2020-2026
12.1 Future Forecast of Global Thermal Management Systems Market from 2020-2026 Segment by Regions
12.2 Future Forecast of Global Thermal Management Systems Market from 2020-2026 Segment by Type
12.3 Future Forecast of Global Thermal Management Systems Market from 2020-2026 Segment by Application
13. Investment Analysis
13.1 Fundamental Analysis (Porter's Five Forces Analysis)
13.2 Technical Preparation Analysis
13.3 Risk Evaluating Analysis
13.4 Estimated Investment Pay-Back Period
14 Research Methodology
14.1 Research Data
14.1.1 Secondary Data
14.1.2 Primary Data
14.2 Revenue Estimation
14.2.1 Bottom-Up Approach
14.2.2 Top-Down Approach (Involves time, Space, and Persons)
14.3 Data Triangulation
14.4 Assumptions
14.5 Hypothesis of this Research, Clear, specific, and testable statement of this research
14.6 Limitations of Our Study
14.7 Scene Based Modeling
15 Disclaimer
Table Key Data Covered
Table Key Data Parameter
Figure Global Thermal Management Systems Market Size and Growth Forecast 2014-2026
Table Global Thermal Management Systems Market Size ($) by Region 2014-2026
Table Thermal Management Systems Gross Margin in Different Region 2014-2021
Table Global Thermal Management Systems Market Size ($) and Growth Rate Segment by Types from 2014-2021
Figure Air Cycle Refrigeration Technology of Thermal Management Systems
Figure Vapor Cycle Refrigeration Technology of Thermal Management Systems
Table Global Thermal Management Systems Market Size ($) and Growth Rate Segment by Applications from 2014-2021
Figure Military of Thermal Management Systems
Figure Aerospace of Thermal Management Systems
Figure Shipping of Thermal Management Systems
Figure Others of Thermal Management Systems
Figure North America Thermal Management Systems Value ($) and Growth Rate from 2014-2021
Table North America Thermal Management Systems Value ($) and Growth (%) by Type from 2014-2021
Table North America Thermal Management Systems Value ($) and Growth (%) by Application from 2014-2021
Table Top North America Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
Figure Europe Thermal Management Systems Value ($) and Growth Rate from 2014-2021
Table Europe Thermal Management Systems Value ($) and Growth (%) by Type from 2014-2021
Table Europe Thermal Management Systems Value ($) and Growth (%) by Application from 2014-2021
Table Top Europe Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
Figure Asia-Pacific Thermal Management Systems Value ($) and Growth Rate from 2014-2021
Table Asia-Pacific Thermal Management Systems Value ($) and Growth (%) by Type from 2014-2021
Table Asia-Pacific Thermal Management Systems Value ($) and Growth (%) by Application from 2014-2021
Table Top Asia-Pacific Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
Figure Latin America Thermal Management Systems Value ($) and Growth Rate from 2014-2021
Table Latin America Thermal Management Systems Value ($) and Growth (%) by Type from 2014-2021
Table Latin America Thermal Management Systems Value ($) and Growth (%) by Application from 2014-2021
Table Top Latin America Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
Figure Middle East & Africa Thermal Management Systems Value ($) and Growth Rate from 2014-2021
Table Middle East & Africa Thermal Management Systems Value ($) and Growth (%) by Type from 2014-2021
Table Middle East & Africa Thermal Management Systems Value ($) and Growth (%) by Application from 2014-2021
Table Top Middle East & Africa Thermal Management Systems Participants Value ($) and Market Share (%) in 2020
Table Collins Aerospace Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Collins Aerospace Value, Gross and Growth Rate from 2014-2021
Figure Collins Aerospace Gross Margin from 2014-2021
Table Parker Hannifin Corp Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Parker Hannifin Corp Value, Gross and Growth Rate from 2014-2021
Figure Parker Hannifin Corp Gross Margin from 2014-2021
Table Meggitt Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Meggitt Value, Gross and Growth Rate from 2014-2021
Figure Meggitt Gross Margin from 2014-2021
Table AMETEK Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure AMETEK Value, Gross and Growth Rate from 2014-2021
Figure AMETEK Gross Margin from 2014-2021
Table Honeywell International Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Honeywell International Value, Gross and Growth Rate from 2014-2021
Figure Honeywell International Gross Margin from 2014-2021
Table Advanced Cooling Technologies Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Advanced Cooling Technologies Value, Gross and Growth Rate from 2014-2021
Figure Advanced Cooling Technologies Gross Margin from 2014-2021
Table Boyd Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Boyd Value, Gross and Growth Rate from 2014-2021
Figure Boyd Gross Margin from 2014-2021
Table Sumitomo Precision Products Company Profile (Major Business, Plants Distribution, Sales Region, Contact Information)
Figure Sumitomo Precision Products Value, Gross and Growth Rate from 2014-2021
Figure Sumitomo Precision Products Gross Margin from 2014-2021
Table Driving Factors for this Market (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)
Table Global Thermal Management Systems Value ($) and Growth Rate Forecast by Regions (2021-2026)
Table Global Thermal Management Systems Production and Growth Rate Forecast by Types (2021-2026)
Table Global Thermal Management Systems Value and Growth Rate Forecast by End-User/Applications (2021-2026)
Table Key Data from Secondary Sources
Table Key Data Parameter
Figure Market Size Estimation by End-Use Industry
Figure Market: Data Triangulation
Figure Market Size Estimation: Top-Down Approach
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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