Thermal control solutions aim to provide comfort in large and public spaces. The growing use of IoT and electrical devices, design initiatives in HVAC systems for occupant-specific public spaces and demand for thermal control technologies in different end-use industries is on an increasing spree. The rising construction activities, growing urbanisation, and data load is leading to the creation of more malls, large spaces, hospitality and data centres. They all contribute to the growth of the thermal management market.
The global thermal management market is expected to reach approximately USD 20.3 Billion by 2030 with an 8.20 percent CAGR during the forecast period 2022-2030. The growth of the thermal management market is fuelled by rising demand for thermal management solutions and systems for use in consumer electronics and miniaturising. The usage involves manufacturing optimised cooling systems to reduce power consumption, space and cost.
On this note, Thermal Control Business Update hosted a roundtable conference on ‘Thermal control technologies for public utilities 2022’ on 11 October 2022 where HVAC&R industry experts shared perspectives on enhancing thermal technologies in indoor spaces, trends, thermal control technologies, electrical devices and components, building technology, market growth, design initiatives, best practices, and a lot more.
PANELISTS:
Mr. Vikram Murthy from Univac Environment Systems Pvt. Ltd.
Mr. C. Subramaniam from SSS Consultants
Mr. Biju Thomas from KPM Design Services Pvt. Ltd.
Mr. Debashish Roy Choudhury from Desiccant Rotors International Pvt. Ltd.