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London, United Kingdom, 2008/06/11 - Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing the market for thermal management technologies.
Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing the market for thermal management technologies.
“The Market for Thermal Management Technologies” reports that the global market for thermal management was worth $6.1 billion in 2007. This is expected to increase to $6.8 billion in 2008 and $11.1 billion by the end of 2013, experiencing a compound annual growth rate (CAGR) of 10.3%.
The report shows that thermal management hardware (e.g. fans and blowers, heat sinks, etc.) accounts for more than 80% of the total thermal management market. The other main thermal management product segments (software, interface materials, and substrates) each account for between about 4% and 6% of the market.
Authors of the report note that the largest end markets for thermal management technologies in 2007 were the computer industry (57% of total revenues), telecommunications (16%), and industrial/military electronics (9%). By 2013, medical and office electronics should have moved into a tie for second place with telecommunications, each with a 12% market share, followed by consumer electronics (8%).
The Americas, consisting of the U.S. and Latin America, will maintain their number one position throughout the period under review, with a market share of just under 40%, followed by Asia-Pacific with around 23% to 24%. The Asia-Pacific countries (except Japan) are not only the second-largest market in absolute terms, but they also have the highest projected growth rate.
The study highlights that the development of the thermal management industry is one of the most interesting aspects of the rapid innovation in the high-tech industry. As pressure to achieve higher levels of device integration while reducing cost, size and complexity continues, the issue of managing heat and power dissipation has become increasingly significant.
“The Market for Thermal Management Technologies” is available from Report Buyer. For more information, see website.
Report Buyer product ID: BCC00096
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