Heat Pipes Market to grow at a CAGR of 5.33% till 2021
Global Heat Pipes Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The following companies as the key players in the global heat pipes market: Advanced cooling technologies, Wakefield- vette, ThermoTek, and Colmac Coil Manufacturing.
Other Prominent Vendors in the market are: Aavid Thermalloy, Asia Vital Components, Chaun Choung Technology (CCI), Cooler Master, DAU, Deepcool Industries, Forcecon Tech, Foxconn, Fujikura, FURUKAWA ELECTRIC, Innergy tech, S & P Coil Products, TaiSol Electronics, and WTL-heatpipe (SHANGHAI WTL HEAT PIPE TECHNOLOGY).
The analysts forecast Global Heat Pipes Market to grow at a CAGR of 5.33% during the period 2017-2021. One trend in the market is use of LHP and PHP in avionic systems. With the growing popularity of high-power electronic devices in avionic systems, the heat dissipated is quite high; the new generation of avionic chassis systems dissipates waste heat of more than a 100 W during operation. For instance, even on a single power supply module, the waste heat can reach a couple of hundred Watts.”
According to the report, one driver in the market is rise in exports of electronic goods from APAC. There has been an increase in the exports of electronic goods from major APAC nations such as Taiwan, Japan, Singapore, and South Korea. For instance, the consumer electronics market in Taiwan is expected to grow significantly during the forecast period. The electronics industries, particularly the semiconductor industry is flourishing in APAC, due to the increased penetration of smartphones, which has led to higher sales and increased production levels. This is expected to drive the market for heat pipes in the region during the forecast period.
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This report covers the present scenario and the growth prospects of the global heat pipes market for 2017-2021. To calculate the market size, the report considers new installations.
The market is divided into the following segments based on geography: Americas,, APAC and EMEA
Further, the report states that one challenge in the market is decline in number of coal-based power plants. Coal power plants have expensive machinery such as turbines, power generators, boilers, and condensers in place, which, if left under normal conditions, will corrode, leading to the malfunctioning of the power generation plant itself.
About Heat Pipes:
A heat pipe is a closed evaporator-condenser system that combines the principle of phase transition and thermal conductivity to facilitate the transfer of heat between two solid surfaces. Thermodynamic working fluid contained in the hot side/surface of the heat pipe absorbs heat from the surface and gets converted into vapor. This vapor travels to the cold side and condenses into liquid again and is drawn back to the hot side through capillary action and the action repeats.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Market driver
Rise in exports of electronic goods from APAC
For a full, detailed list, view our report
Market challenge
Decline in number of coal-based power plants
For a full, detailed list, view our report
Market trend
Use of LHP and PHP in avionic systems
For a full, detailed list, view our report
Table of Contents
Executive summary
Scope of the report
Research Methodology
Introduction
Market landscape
Market segmentation by end-user
Geographical segmentation
Decision framework
Drivers and challenges
Market trends
Vendor landscape
Key vendor analysis
Appendix
Continued…
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