About Heat Pipe
Heat pipes are one of the most active procedures to transport thermal energy from one point to another, mostly used for cooling. It is based on a combination of conduction and convective heat transfer, what makes it to a complex heat transfer problem. Heat pipes were established especially for space applications. Heat pipes are used in numerous applications, where one has limited space and the requirement of a high heat flux. It is also used in heat transfer structures, cooling of computers, cell phones and cooling of solar collectors.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that Taiwan Manufacturers will contribute the maximum growth to Global Heat Pipe market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Asia Vital Components (Taiwan), Aavid Thermalloy (United States), Chaun-Choung Technology (CCI) (Taiwan), Deepcool Industries (China), Cooler Master (Taiwan), Foxconn (Taiwan), Furukawa Electric (Japan), Fujikura (Japan), TaiSol Electronics (Taiwan) and Bekaert (Belgium) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Innergy Tech (Canada), Wakefield-Vette, Inc. (United States), Novark Technologies Inc. (China) and Advanced Cooling Technologies, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Heat Pipe market by Type (Thermosyphon, Rotating and revolving, Cryogenic, Constant Conductance Heat Pipe (CCHP), Variable Conductance Heat Pipe (VCHP) [Feedback-controlled, Passive], Diode Heat Pipe and Others), Application (Aerospace, Heat Transfer Systems, Cooling Of Computers and Cell Phones, Cooling Of Solar Collectors and Others) and Region.
On the basis of geography, the market of Heat Pipe has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-User, the sub-segment i.e. Aerospace and Defense will boost the Heat Pipe market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Aluminum will boost the Heat Pipe market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Acceptance of High-Power Electronic Devices and Technology Development in Heat Pipe
Market Growth Drivers:
Increasing Use in Electronic Industry
Challenges:
Declining Number of Coal-Based Power Plants
Restraints:
Declining Number of Heat Pipeplants
Opportunities:
Increasing Use of Energy-Efficient Equipment
Market Leaders and their expansionary development strategies
In July 2023 – Solex Thermal Science Inc. (“Solex”), a Canadian-headquartered expert in thermal and bulk materials engineering, is pleased to announce that it has acquired Econotherm Ltd. (“Econotherm”), a UK-based leader in waste heat recovery technology.
In October 2021, The Air Force Research Laboratory launched the first operational oscillating heat pipes flying in space, marking the first operational application of fourth-generation spacecraft thermal control. The technology was previously tested aboard the secretive X-37B reusable spaceplane.
Key Target Audience
Manufacturers of Heat Pipe, Suppliers of Heat Pipe, Wholesalers, Distributors and Retailers of Heat Pipe, Aerospace Industry, Automobile Industry, Food and Beverage Industry and Energy and Power Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.