Semiconductor

  Thermal Management Market Overview: In addition, the worldwide thermal management market is projected to grow at a CAGR of 7%, with a value of USD 15 billion over the estimated forecast year of 2017-2023. Thermal power is the rate at which fuel is converted into heat in most energy systems like a gasoline engine. Such heat engines generate heat to perform useful work. The heat is input to a boiler in a power plant to generate electricity, generally referred to as a thermal power source. The decarbonization of the energy sector and the carbon emission reductions to limit global climate change are among the primary goals of the governments, energy authorities and utilities around the world. Combined-cycle plants are the most efficient among the natural gas-fired power plants. They are slightly less expensive to build than gas turbine cycle plants, but they can produce more energy by utilizing the heat generated. Solar and other renewable energy sources will not be able to provide e...