Global Electronic Thermal Management Materials Market Overview:
Heat Dissipation is critical for compact electrical devices because the temperature of these devices must be kept below certain levels. Thermal management materials are used to dissipate heat produced by CPU or power semiconductor devices. Due to the increasing need for product functionality and reduction in its size; thermal management has become a key thing in electronic devices. If the temperature of electronic devices increases; their efficiency decreases and they get a lot of wear and tear. It is not possible to use devices like Laptops with effective thermal management. Thermal management materials could be tapes, gap fillers any other conductive materials to dissipate heat. With the increasing demand for electronic devices, the demand for thermal management materials is also increasing.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rise of New Electronic Thermal Management Materials for Cooling the GPU In Computers
Market Growth Drivers:
Growing Demand for Electric Devices, Increasing Demand for Processors Which Need Thermal Management Materials and Rise of 5g Contributing to Increased Demand for The Electronic Thermal Management Materials
Challenges:
Wrong Mounting Related Risk with Thermal Management Material Can Significantly Decrease Its Performance
Restraints:
Supply Demand Gap Due to Covid-19 Pandemic Hindering the Electronic Thermal Management Materials Market
Opportunities:
Growing Manufacturer of Electronic Devices and Increasing Investment In R&D in Electronic Management Materials
Competitive Landscape:
With the increasing demand for electronic devices, the demand for thermal management systems is also increasing. This market has market leaders who lead the industry in innovation and has a significant share of the thermal management materials market. The primary source of revenue in this market is as a supplier to the manufacturers of electronic devices. Signing contracts with them for the long term is a great source of revenue in this market. IPRs can act as a barrier to entry in this market for new entrants.
Some of the key players profiled in the report are Hitachi Chemical (Japan), 3M (United States), Lord (United States), Honeywell International (United States), Aavid Thermalloy (United States), Vertiv (United States), European Thermodynamics (United Kingdom), Master Bond (United States), DuPont (United States) and Parker Chomerics (United States). Considering Market by Electrical Device, the sub-segment i.e. Smartphones will boost the Electronic Thermal Management Materials market. Considering Market by Sales Channel, the sub-segment i.e. Direct will boost the Electronic Thermal Management Materials market.
Latest Market Insights:
In September 2022, Henkel acquired Thermexit, a thermal management materials business segment of Nanoramic Laboratories. With this acquisition, Henkel strengthened its position in the growing thermal interface material market.
On 28th March 2021, ATP Electronics, the global leader in storage and memory solutions announced their new NVMe flash storage solution with customizable thermal management. This new solution uses both hardware and firmware components to prevent overheating while ensuring optimal and sustained performance which will be utilized for the NVMe solid-state drives (SSDs) and modules to operate at high speeds with minimal or no air-flow.
International Electrotechnical Commission (IEC) is an international standardization organization that sets standards for various aspects of electrical and electronic technologies. They develop standards related to thermal management materials, such as those used in electronic components, devices, and systems.
What Can be Explored with the Electronic Thermal Management Materials Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Electronic Thermal Management Materials Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Electronic Thermal Management Materials
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Electronic Thermal Management Materials market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Electronic Thermal Management Materials market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Electronic Thermal Management Materials, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.