Vietnam Thermal Management Market to 2032
Overview
The Vietnam Thermal Management Market is expected to reach a 137.04 USD Million by 2032 and is projected to grow at a CAGR of 12.00% from 2025 to 2032.
Revenue, 2024 (USD Million)
71.34
Forecast, 2032 (USD Million)
137.04
CAGR, 2024 - 2032
12.00%
Report Coverage
Vietnam
Vietnam Thermal Management Market 2018-2032 USD Million
Vietnam Thermal Management Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 71.34 USD Million
- Projected Market Size (2032): 137.04 USD Million
- CAGR (2025-2032): 12.00%
Key Findings of Vietnam Thermal Management Market
- The Vietnam Thermal Management Market was valued at 71.34 USD Million in 2024.
- The Vietnam Thermal Management Market is likely to grow at a CAGR of 12.00% 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 86.93 USD Million
- The fastest growing segment Software in Offering Segment grew Fastest with a CAGR of 12.32% during the forecast period from 2024 to 2032.
Vietnam Thermal Management Market Scope
Vietnam Thermal Management Market Segmentation & Scope
Offering
- Software
- Services
- Devices
End User
- Others
- Healthcare
- Data Centers and Server
- Telecom
- Enterprise
- Food and Beverages
- Renewable Energy
- Aerospace and Defense
- Consumer Electronics
- Automotive
Vietnam Thermal Management Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 71.34 USD Million |
| Market Value in 2032 | 137.04 USD Million |
| CAGR (2025-2032) | 12.00% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Offering,End User |
Regional Insights:
-
Leading Market (2024-2032): Vietnam, leading in terms of revenue 71.34 USD Million in 2024
- Key Country: Vietnam, leading in terms of revenue with value of 71.34 USD Million in 2024.
Segments and Scope
-
Vietnam Thermal Management Market to 2032, By Offering
- Devices is the largest segment in Vietnam Thermal Management Market to 2032 with a revenue of 40.46 USD Million in the year 2024.
- Software is the Fastest growing segment in Vietnam Thermal Management Market to 2032 with a Growth rate of 12.02 % in forecast period 2025-2032.
-
Vietnam Thermal Management Market to 2032, By End User
- Automotive is the largest segment in Vietnam Thermal Management Market to 2032 with a revenue of 86.93 USD Million in the year 2024.
- Automotive is the Fastest growing segment in Vietnam Thermal Management Market to 2032 with a Growth rate of 12.12 % in forecast period 2025-2032.
Vietnam Thermal Management Market Company Share Analysis
| Company Name |
|
||
| Robert Bosch GmbH | |||
| Siemens | |||
| Schneider Electric | |||
| GENTHERM | |||
| Honeywell International Inc. | |||
Vietnam Thermal Management Market Geographical Sales Distribution, 2018-2032 USD Million
Vietnam Thermal Management Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Vietnam Thermal Management Market is segmented based on Segmentation Offering,End User.
Vietnam Thermal Management Market was valued at USD 71.34(Revenue in USD Million) in 2021.
Vietnam Thermal Management Market is projected to grow at a CAGR of 12.00% during the forecast period of 2024 to 2032.
The Automotive segment is expected to dominate the Vietnam Thermal Management Market, holding a largest market share of 86.93 USD Million in 2024
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Vietnam Thermal Management Market Scope
Vietnam Thermal Management Market Segmentation & Scope
Offering
- Software
- Services
- Devices
End User
- Others
- Healthcare
- Data Centers and Server
- Telecom
- Enterprise
- Food and Beverages
- Renewable Energy
- Aerospace and Defense
- Consumer Electronics
- Automotive
Frequently Asked Questions
The Vietnam Thermal Management Market is segmented based on Segmentation Offering,End User.
Vietnam Thermal Management Market was valued at USD 71.34(Revenue in USD Million) in 2021.
Vietnam Thermal Management Market is projected to grow at a CAGR of 12.00% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Thermal Management Market for final year is USD 137.04 (USD Million).
Vietnam Thermal Management Market Company Profiling
Frequently Asked Questions
The Vietnam Thermal Management Market is segmented based on Segmentation Offering,End User.
Vietnam Thermal Management Market was valued at USD 71.34(Revenue in USD Million) in 2021.
Vietnam Thermal Management Market is projected to grow at a CAGR of 12.00% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Thermal Management Market for final year is USD 137.04 (USD Million).
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