South Korea Thermal Management Market to 2032
Overview
The South Korea Thermal Management Market is expected to reach a 184.15 USD Million by 2032 and is projected to grow at a CAGR of 12.32% from 2025 to 2032.
Revenue, 2024 (USD Million)
94.34
Forecast, 2032 (USD Million)
184.15
CAGR, 2024 - 2032
12.32%
Report Coverage
South Korea
South Korea Thermal Management Market 2018-2032 USD Million
South Korea Thermal Management Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 94.34 USD Million
- Projected Market Size (2032): 184.15 USD Million
- CAGR (2025-2032): 12.32%
Key Findings of South Korea Thermal Management Market
- The South Korea Thermal Management Market was valued at 94.34 USD Million in 2024.
- The South Korea Thermal Management Market is likely to grow at a CAGR of 12.32% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Automotive in End User Segment accounted for the largest share of the market with a revenue of 113.94 USD Million
- The fastest growing segment Software in Offering Segment grew Fastest with a CAGR of 12.48% during the forecast period from 2024 to 2032.
South Korea Thermal Management Market Scope
South Korea Thermal Management Market Segmentation & Scope
End User
- Others
- Healthcare
- Enterprise
- Food and Beverages
- Telecom
- Data Centers and Server
- Renewable Energy
- Aerospace and Defense
- Consumer Electronics
- Automotive
Offering
- Software
- Services
- Devices
South Korea Thermal Management Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 94.34 USD Million |
| Market Value in 2032 | 184.15 USD Million |
| CAGR (2025-2032) | 12.32% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Offering |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 94.34 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 94.34 USD Million in 2024.
Segments and Scope
-
South Korea Thermal Management Market to 2032, By End User
- Automotive is the largest segment in South Korea Thermal Management Market to 2032 with a revenue of 113.94 USD Million in the year 2024.
- Consumer Electronics is the Fastest growing segment in South Korea Thermal Management Market to 2032 with a Growth rate of 12.07 % in forecast period 2025-2032.
-
South Korea Thermal Management Market to 2032, By Offering
- Devices is the largest segment in South Korea Thermal Management Market to 2032 with a revenue of 53.63 USD Million in the year 2024.
- Software is the Fastest growing segment in South Korea Thermal Management Market to 2032 with a Growth rate of 12.38 % in forecast period 2025-2032.
South Korea Thermal Management Market Company Share Analysis
| Company Name |
|
||
| Robert Bosch GmbH | |||
| Siemens | |||
| Schneider Electric | |||
| GENTHERM | |||
| Honeywell International Inc. | |||
South Korea Thermal Management Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Thermal Management Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Thermal Management Market is segmented based on Segmentation End User,Offering.
South Korea Thermal Management Market was valued at USD 94.34(Revenue in USD Million) in 2021.
South Korea Thermal Management Market is projected to grow at a CAGR of 12.32% during the forecast period of 2024 to 2032.
The Automotive segment is expected to dominate the South Korea Thermal Management Market, holding a largest market share of 113.94 USD Million in 2024
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South Korea Thermal Management Market Scope
South Korea Thermal Management Market Segmentation & Scope
End User
- Others
- Healthcare
- Enterprise
- Food and Beverages
- Telecom
- Data Centers and Server
- Renewable Energy
- Aerospace and Defense
- Consumer Electronics
- Automotive
Offering
- Software
- Services
- Devices
Frequently Asked Questions
The South Korea Thermal Management Market is segmented based on Segmentation End User,Offering.
South Korea Thermal Management Market was valued at USD 94.34(Revenue in USD Million) in 2021.
South Korea Thermal Management Market is projected to grow at a CAGR of 12.32% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Thermal Management Market for final year is USD 184.15 (USD Million).
South Korea Thermal Management Market Company Profiling
Frequently Asked Questions
The South Korea Thermal Management Market is segmented based on Segmentation End User,Offering.
South Korea Thermal Management Market was valued at USD 94.34(Revenue in USD Million) in 2021.
South Korea Thermal Management Market is projected to grow at a CAGR of 12.32% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Thermal Management Market for final year is USD 184.15 (USD Million).
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