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Research and Markets: The Global Thermal Management Technology Market to Grow At A CAGR Of 6.45 Percent over the Period 2011-2015

Research and Markets (http://www.researchandmarkets.com/research/wzctn6/global_thermal) has announced the addition of the "Global Thermal Management Technology Market 2011-2015" report to their offering.

One of the key factors contributing to this market growth is the increasing demand for electronic systems and microprocessors. The Global Thermal Management Technology market has also been witnessing the increasing adoption of thermal management solutions in the military segment. However, the need for increased investment could pose a challenge to the growth of this market.

Key vendors dominating this market space include namely Aavid Thermalloy LLC, Wakefield Solutions Inc., Vette Corp. and Lytron Inc.

Other vendors mentioned in the report: Thermacore Inc., Kooltronic, Unitrack Industries Inc., Polycold Systems Inc., Marlow Industries Inc., Qualtek Electronics Corp., United Thermal Engineering Corp., Cool Innovations, Jaro Components Inc., Comair Rotron Inc., Calmark Corp. and Spraycool Inc.

Commenting on the report, an analyst from TechNavio's Engineering team said: ''The increasing focus of vendors on providing more customized software is resulting in the development of a series of horizontal software applications that are more customized and that are directed toward certain industries. Leading vendors are offering their customers a wide range of solutions, including some that are specialized for particular vertical segments. Information systems for enterprise management are more focused and they are directed toward a particular type of customer. These systems are pre-configured to the needs of customers to a much larger extent, which is a necessary factor for reducing deployment costs and total cost of ownership.''

According to the report, the majority of the thermal management applications are being used in electronic systems and microprocessors. These electronic devices find their usage across industries such as Automotive, Aerospace, Shipbuilding, Machine Tool, Consumer Products, Healthcare, IT, and Telecom. With the need to develop quality products with enhanced operational capability, companies across the industries are increasingly adopting high-capability electronic devices. Moreover, consumer electronic devices incorporated with high-power microprocessors (offering superior features and functionalities) such as smartphones and tablets, which are increasing their presence among the population, stimulate the demand in the Global Thermal Management Technology market.

For more information visit http://www.researchandmarkets.com/research/wzctn6/global_thermal

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