The potential market for this solution is constantly growing because it can be applied to various machines and engines in an array of industries. The global market for thermal management is expected to reach over $14 BILLION USD in 2021.
An excellent example of an industry that our Molecular Fan technology is positioned to gain excellent is the aviation thermal management sector. This particular sector by itself is worth $800 MILLION USD today.
Inefficiencies in electrical power management ultimately translate into increased challenges to the thermal management system. Significant thermal management is required at all levels of power management; generation, distribution, conversion power electronics (PE).