A heat pipe is a closed evaporator-condenser system consisting of a sealed, hollow tube whose inside walls are lined with a capillary structure or wick. Thermodynamic working fluid, with substantial vapor pressure at the desired operating temperature, saturates the pores of the wick in a state of equilibrium between liquid and vapor. When heat is applied to the heat pipe, the liquid in the wick heats and evaporates. As the evaporating fluid fills the heat pipe hollow center, it diffuses throughout its length. Condensation of the vapor occurs wherever the temperature is even slightly below that of the evaporation area. As it condenses, the vapor gives up the heat it acquired during evaporation. This effective high thermal conductance helps maintain near constant temperatures along the entire length of the pipe.
The Heat pipe industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 23.43% of the revenue market in 2016.
Asia-Pacific occupied 42.27% of the revenue market in 2016. It is followed by North America and Europe, which respectively have around 23.11% and 21.10% of the global total industry. Other regions have a small amount of revenue.
For price trend analysis, a key variable in the performance of heat pipe producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The price of the major raw material varies according to the steel price. This year, as the downturn of consumer electronics industry, the Heat pipe price would keep decreasing for at least the following 5 years.
According to this study, over the next five years the Heat Pipe market will register a 4.2% CAGR in terms of revenue, the global market size will reach USD 2970 million by 2024, from USD 2310 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Heat Pipe business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Heat Pipe market by product type, application, key manufacturers and key regions and countries.
This study considers the Heat Pipe value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Vapor Chamber
Variable Conductance
Diode
Thermosyphon
Others
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Aerospace
Consumer Electronics
Process Industry
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Furukawa
Aavid
Fujikura
Cooler Master
AVC
Yen Ching
Auras
CCI
Forcecon Tech
Foxccon
Wakefield Vette
Themacore
Innergy Tech
SPC
Dau
Taisol
Colmac Coil
ACT
Newidea Technology
Shengnuo
Novark
Boyuan
Deepcool
Wtl-heatpipe
Harbin DawnHappy
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Heat Pipe consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Heat Pipe market by identifying its various subsegments.
Focuses on the key global Heat Pipe manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Heat Pipe with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Heat Pipe submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
