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Pulsating Heat Pipe (PHP) is an emerging efficient heat transfer device, that transfers heat passively through oscillating motions of liquid slugs and vapor plugs within the device. PHP is of high effective thermal conductivity with great potential in heat transfer management for various applications. The objective of this review paper is to summarize and analyse the applications of PHP in various fields that have been reported in the open literature, emphasizing on studies reported in past half decade. The thermo-hydraulic behaviour of PHP is influenced by numerous geometric and operational parameters, which are discussed in detail in the first part of the paper. The thermal performance of the PHP under rotation condition, which is seldom discussed in previous review articles, is also discussed. These parameters act individually and in tandem to alter the performance of PHP, which makes its prediction extremely difficult. However, the benefit of numerous influencing parameters is that they can be altered to make PHP suitable for various applications. These highly variable configurations make PHP suitable for applications such as the transfer of absorbed solar energy to the location of interest, waste heat recovery, thermal management of electric vehicle batteries, fuel cells, cooling of electronic components etc. PHPs are recently being studied for applications in cryogenics and cooling of cutting tools in the machining process also. In addition, novel applications of PHP such as high-performance fins for heat exchangers, cooling of building roofs etc. are also being reported. All these applications of PHP reported in the open literature are reviewed and summarized in the present article. [ABSTRACT FROM AUTHOR]