TechNavio today launched its report Global Thermal Management Technology Market 2011-2015 based on an in-depth market analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
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.
Further, the report discusses that the need for increased investment is acting as a barrier for this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-thermal-management-technology-ma…
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/engineering-software
Follow us on Twitter @ Technavio