Electronic Thermal Management Material Trends and Forecast
The future of the global electronic thermal management material market looks promising with opportunities in the IT and telecom, aerospace, healthcare, automotive, and consumer electronics markets. The global electronic thermal management material market is expected to reach an estimated $8.4 billion by 2030 with a CAGR of 8.4% from 2024 to 2030. The major drivers for this market are rising penetration of smartphones worldwide, increased need for small devices with more output, density, and complexity, and growing need for automated solutions that are effective and high-performing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Electronic Thermal Management Material by Segment
The study includes a forecast for the global electronic thermal management material by type, application, and region.
Electronic Thermal Management Material Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Gap Fillers
• Conductive Tapes
• Phase Change Materials
• Conductive Paste
• Thermal Greases
• Others
Electronic Thermal Management Material Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• IT and Telecom
• Aerospace
• Healthcare
• Automotive
• Consumer Electronics
• Others
Electronic Thermal Management Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Electronic Thermal Management Material Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electronic thermal management material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic thermal management material companies profiled in this report include-
• BOYD Corporation
• 3M Company
• Wacker Chemie
• Laird
• Parker Chomerics
• Lord Corporation
• Honeywell International
• DuPont
• European Thermodynamics
• Darcoid company
Electronic Thermal Management Material Market Insights
Lucintel forecasts that conductive paste will remain the largest segment over the forecast period due to rising demand for lightweight electronic assemblies, the shrinking of electronic components, and rapid improvement of technology, as well as, conductive paste provides excellent heat and electric conductivity along with enhanced adhesive strength.
Within this market, consumer electronics will remain the largest segment because the application of heat management materials in consumer electronics extends the life of electronic assemblies while enhancing performance, along with number of variables, including rising disposable income, rising living standards, technical advancement, and the growing popularity of mobile devices.
APAC will remain the largest region over the forecast period due to rising urbanization, growing consumer expenditure, foreign companies expanding in this area, and technical developments, as well as, existence of significant electronics producers and government programs that encourage manufacturing.
Features of the Global Electronic Thermal Management Material Market
Market Size Estimates: Electronic thermal management material market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Electronic thermal management material market size by type, application, and region in terms of value ($B).
Regional Analysis: Electronic thermal management material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the electronic thermal management material market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic thermal management material market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the electronic thermal management material market size?
Answer: The global electronic thermal management material market is expected to reach an estimated $8.4 billion by 2030.
Q2. What is the growth forecast for electronic thermal management material market?
Answer: The global electronic thermal management material market is expected to grow with a CAGR of 8.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the electronic thermal management material market?
Answer: The major drivers for this market are rising penetration of smartphones worldwide, increased need for small devices with more output, density, and complexity and growing need for automated solutions that are effective and high-performing.
Q4. What are the major segments for electronic thermal management material market?
Answer: The future of the electronic thermal management material market looks promising with opportunities in the IT and telecom, aerospace, healthcare, automotive, and consumer electronics markets.
Q5. Who are the key electronic thermal management material market companies?
Answer: Some of the key electronic thermal management material companies are as follows:
• BOYD Corporation
• 3M Company
• Wacker Chemie
• Laird
• Parker Chomerics
• Lord Corporation
• Honeywell International
• DuPont
• European Thermodynamics
• Darcoid company
Q6. Which electronic thermal management material market segment will be the largest in future?
Answer: Lucintel forecasts that conductive paste will remain the largest segment over the forecast period due to rising demand for lightweight electronic assemblies, the shrinking of electronic components, and rapid improvement of technology, as well as, conductive paste provides excellent heat and electric conductivity along with enhanced adhesive strength.
Q7. In electronic thermal management material market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising urbanization, growing consumer expenditure, foreign companies expanding in this area, and technical developments, as well as, existence of significant electronics producers and government programs that encourage manufacturing.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the electronic thermal management material market by type (gap fillers, conductive tapes, phase change materials, conductive paste, thermal greases, and others), application (IT and telecom, aerospace, healthcare, automotive, consumer electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Electronic Thermal Management Material Market, Electronic Thermal Management Material Market Size, Electronic Thermal Management Material Market Growth, Electronic Thermal Management Material Market Analysis, Electronic Thermal Management Material Market Report, Electronic Thermal Management Material Market Share, Electronic Thermal Management Material Market Trends, Electronic Thermal Management Material Market Forecast, Electronic Thermal Management Material Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.