South Korea Heat Pipes Market Latest Trends with Future Insights by 2031

𝐇𝐞𝐚𝐭 𝐏𝐢𝐩𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧

Transparency Market Research delivers key insights on the global heat pipes market. In terms of revenue, the global heat pipes market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global heat pipes market. The global heat pipes market is broadly affected by several factors, such as rising production of electronics, installation of heat pipes in various electronic devices, increasing in production of hardware devices such as laptops, etc., and their wide availability in various price ranges globally.

𝐑𝐞𝐚𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 - https://www.transparencymarketresearch.com/heat-pipes-market.html

𝐇𝐞𝐚𝐭 𝐏𝐢𝐩𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

In terms of product type, the heat pipes market has been categorized into standard heat pipes & vapor chambers, variable conductance heat pipes (VCHP), loop heat pipes, rotating heat pipes, thermosyphon heat pipes, and others (oscillating/pulsating het pipes, etc.). The demand for standard heat pipes & vapor chambers is higher, globally. In terms of wick type, the heat pipes market has been divided into grooved heat pipes, sintered heat pipes, and others (screen/wire mesh heat pipes, etc.). Sintered heat pipes are widely used, and holds the highest market share globally. In terms of diameter, the market has been segmented into below 5 mm, 5 mm - 10 mm, above 10 mm. Heat pipes with diameter 5 mm - 10 mm are most commonly demanded.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=47778

In terms of shape, the heat pipes market has been divided into round, flat, and others (rectangle, square, other customized shapes, etc.). Flat shaped heat pipes are the most preferred shape by users. The end user segment comprises automotive, aerospace & defense, medical, telecommunication, consumer electronics, power & energy, food & beverages, and others (semiconductors, etc.), of which, consumer electronics has the highest share and is the fastest growing sector as well. Based on distribution channel, the heat pipes market has been divided into direct sales and indirect sales. Direct sales are growing at a faster rate than indirect sales.

𝐇𝐞𝐚𝐭 𝐏𝐢𝐩𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐬

In 2020, North America and Europe together contributed ~70% of revenue share of the global heat pipes market. Various industries are shifting their manufacturing facilities to the APAC region. APAC is the fastest growing region of the market with a CAGR of 5.4%. Therefore, the market in this region is anticipated to witness the fastest growth rate during the forecast period. The market in Europe and North America is expected to grow moderately, due to increasing demand for standard heat pipes and vapor chambers, as it is considered the foremost choice among a wide range of heat pipes available in various countries. However, the demand in the upcoming years may shift due to competitive prices of standard heat pipes and vapor chambers in these regions, as many end-use industries would prefer loop heat pipes and rotating heat pipes, as these type of heat pipes are most commonly used in telecommunication, and space-related application areas.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=47778

𝐇𝐞𝐚𝐭 𝐏𝐢𝐩𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

Key players operating in the global heat pipes market are Advanced Cooling Technologies, ATHERM, Boyd Corporation, CELSIA INC., Deepcool Industries Co., Ltd., Euro Heat Pipes SA, Forcecon, Fujikura Ltd., Furukawa Electric Co., Ltd., and Noren Thermal Inc.

𝐆𝐥𝐨𝐛𝐚𝐥 𝐇𝐞𝐚𝐭 𝐏𝐢𝐩𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐇𝐞𝐚𝐭 𝐏𝐢𝐩𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

Standard Heat Pipes & Vapor Chambers
Variable Conductance Heat Pipes (VCHP)
Loop Heat Pipes
Rotating Heat Pipes
Thermosyphon Heat Pipes
Others (Oscillating/Pulsating Heat Pipes, etc.)
Heat Pipes Market, by Wick Type

Grooved Heat Pipes
Sintered Heat Pipes
Others (Screen/Wire Mesh Heat Pipes, etc.)
Heat Pipes Market, by Diameter

Below 5 mm
5 mm - 10 mm
Above 10 mm
Heat Pipes Market, by Shape

Round
Flat
Others (Rectangle, Square, Other Customized Shapes, etc.)
Heat Pipes Market, by End User

Automotive
Aerospace & Defense
Medical
Telecommunication
Consumer Electronics
Power & Energy
Food & Beverages
Others (Semiconductors, etc.)
Heat Pipes Market, by Distribution Channel

Direct Sales
Indirect Sales
Heat Pipes Market, by Region

𝐌𝐚𝐤𝐞 𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=47778

North America
U.S.
Canada
Rest of North America
Europe
U.K.
Germany
France
Rest of Europe
Asia Pacific (APAC)
China
India
Japan
Rest of Asia Pacific
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

This release was published on openPR.