Heat Pipes Market Research Report for Complete Analysis of Current Scenario March 10, 2022
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.
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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.
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