Miniaturisation in avionics, electronics, and medical appliances has led to demands for rapid heat dissipation techniques. The spray cooling technique has gained importance recently due to its advantage over other cooling methods. Parameters affecting heat transfer mechanisms during spray cooling are contemplated. This review presents different heat transfer parameters and their effect on spray cooling by analysis from past studies. Heat transfer surface modifications and different coolant variations to enhance heat transfer effectiveness are also reviewed. Apart from high heat flux having more applications, low heat flux studies have also grabbed the researchers to find solutions with a temperature range lower than 250˚C. Therefore, the upcoming spray cooling technology will have broad applications that will contribute to the maximum efficiency of the heat removal rate.