The thermal management system industry is accelerating development, driven by technological breakthroughs in multiple fields and market demand.
introduction
With the rapid development of global science and technology, the demand for thermal management technology is also growing. Whether it is electric vehicles, avionics or other high-tech fields, a good thermal management system is the key to ensuring efficient and stable operation of equipment. This article will discuss the latest developments and development trends in the thermal management system industry based on a number of recent important news.
Market size forecast
Comprehensive market size and growth
according toFortune Business InsightsAccording to a report, the thermal management systems market is expected to grow significantly by 2034. The report points out that as the electric vehicle and electronic equipment markets boom, the demand for thermal management technology has increased significantly across multiple industries, driving the overall expansion of the market.
Avionics Thermal Management System

In another report from the same agency, Fortune Business Insights predicts that the avionics thermal management system market will also grow significantly by 2034. The requirements for high performance and high reliability of avionics equipment make thermal management technology in this field particularly important.
Highlights of technological innovation
New Double-Sided Janus Foam
Recently, the research team of Associate Professor Liang Fuxin of Tsinghua University published an article on the new double-sided Janus foam material in Nature Communications. This material can achieve efficient directional thermal management in different environments and has significant innovation and application potential. This technological breakthrough will open up new possibilities for the design and application of future thermal management systems, especially in areas such as electronic equipment that have high thermal management requirements.
Two-phase cold plate cooling technology
according toIDTechExAccording to reports, two-phase cold plate cooling technology is expected to become widely used in 2026-2027. Two-phase cold plate cooling technology can dissipate heat more efficiently, especially in high power density applications, which will significantly improve the performance and reliability of the equipment. The IDTechEx report highlights the market potential of this technology and predicts its spread across multiple industries.
Industry application trends

Chery Battery Night: Release of three major battery power ecosystems
existBitAutoAt the reported "Chery Battery Night" event, Chery Automobile Company announced its latest battery technology and energy ecosystem. It is worth noting that these three major batteries all use advanced thermal management technology in their designs to ensure the stability and safety of the batteries under extreme conditions. This series of technological innovations shows that thermal management technology is becoming a key competitive element in the field of new energy vehicles.
in conclusion
To sum up, the thermal management system industry is in a stage of rapid development. Driven by both technological innovation and market demand, it is expected to grow significantly in the next few years. The continuous emergence of new materials and technologies not only improves the performance of thermal management systems, but also provides more choices for the industry's diverse applications. Whether it is automobiles, avionics or other high-tech fields, thermal management technology will play an increasingly important role.
📰 Reference source
- Thermal management system market size and share [2034]- Fortune Business Insights (27 Apr 2026)
- Associate Professor Liang Fuxin of Tsinghua University "Nature Communications": New double-sided Janus foam material achieves efficient directional thermal management!- QQ News (03 Feb 2026)
- Two-Phase Cold Plate Cooling Will Take Off as Early as 2026-2027- IDTechEx (27 Nov 2025)
- Avionics thermal management system market size forecast to 2034- Fortune Business Insights (13 Apr 2026)
- The Chery Battery Evening: the three main batteries plus energy ecosystem have been unveiled- BitAuto (20 Mar 2026)
FAQ
What is the projected growth of the thermal management system market?
According to a report by Fortune Business Insights, the thermal management systems market is expected to grow significantly through 2034, driven primarily by demand for electric vehicles and electronic devices.
What recent technological breakthroughs in thermal management have been made by the research team of Associate Professor Liang Fuxin of Tsinghua University?
The research team of Associate Professor Liang Fuxin of Tsinghua University recently published a new type of double-sided Janus foam material in Nature Communications, which can achieve efficient directional thermal management in different environments, and has significant innovation and application potential.
When is two-phase plate cooling expected to become widely available?
According to IDTechEx, the two-phase cold plate cooling technology is expected to start to be widely used in 2026-2027, especially in high power density applications, which will significantly improve the performance and reliability of the equipment.
What are the new advances in battery technology for Chery Motors?
At the ‘Chery Battery Night’ event, Chery Motors unveiled its latest three battery and energy ecosystems. These batteries are designed with advanced thermal management technology to ensure the stability and safety of the battery under extreme conditions, indicating that thermal management technology is becoming a key competitive factor in the field of new energy vehicles.
What are the trends in the thermal management system industry over the next few years?
The thermal management system industry is in a phase of rapid development, driven by technological innovation and market demand, and is expected to grow significantly in the next few years. The continuous emergence of new materials and technologies not only improves the performance of thermal management systems, but also provides more options for diverse applications in the industry.