The Market for Thermal Management Technologies

In recent years, there has been tremendous progress, technologically and in terms of demand, in electronic devices and systems. The technological progress has come on two main fronts increased functionality on a single device unit and miniaturization of each unit. Both of these developments have increased the need for thermal management technologies.

“Thermal management” is the term used to describe the array of material technologies and problem-solving design tools that systems manufacturers apply to regulate the unwanted heat caused by the normal functioning of an electronic system.

This report segments thermal management technologies into four segments hardware, software, interfaces and substrates.

The hardware segment includes several product subsegments, including heat sinks, fans and blowers, fan sinks, heat pipes and cold plates. These segments were chosen because they are established technologies and represent revenue markets of significant size.

The software segment consists of electronic design software designed to model and analyze the thermal characteristics of an electronic system design. Specific types of thermal management software examined in this study include computational fluid design (CFD), computational heat transfer (CHT), power management, circuit design and other electronic design automation (EDA).

Thermal management interface materials are products that stand between a heat sink and the device to be cooled, where their function is to improve the thermal transfer in the joint between the heat sink and the device to be cooled by increasing or securing the area of contact between the two surfaces. In some cases, the interface actually performs the job of the heat sink. This role has become increasingly common in a number of applications in which, due to the height or weight constraints of the system, a conventional hardware heat sink is not feasible.

Finally, the report analyzes substrates, which are the foundations of integrated circuits (ICs), or planar components of electronic packages or modules. The report focuses on substrates that have been developed specifically to enhance the thermal handling capability of an electronic component.

STUDY GOAL AND OBJECTIVES

This report is an update of an earlier report prepared in 2011. The overall goal of this updated report is to provide an analysis of the most recent developments and current trends in the global thermal management marketplace. Specific objectives include:

• Identifying thermal management technologies and products with the greatest commercial potential in the near to mid-term (2012–2017).
• Analyzing the key drivers and constraints that will shape the market for thermal management technologies and products over the next five years.
• Estimating the current and future demand for thermal management technologies and products.
• Ascertaining the companies that are best positioned to meet this demand because of proprietary technologies, strategic alliances or other advantages.

INTENDED AUDIENCE

This report is intended especially for suppliers of thermal management technologies and products, and others with a need to understand the status and dynamics of the market for these products. Although the report is organized around specific technologies, it is largely nontechnical in nature and coverage. That is, it is concerned less with theory and jargon than with what works, how much the market is likely to purchase and at what price.

As such, the report’s main audience is executive management personnel and marketing and financial analysts. It is not written specifically for scientists and technologists, although its findings concern the market for their work and include the availability of government and corporate research funding for different technologies and applications, which should interest them.

SCOPE AND FORMAT

The scope of this report is broad, covering several product areas. The individual materials, hardware and software product segments are presented in terms of market size and revenue trends. The revenue forecasts are explained in terms of the key market issues for that product segment, and are projected for five years from 2012 to 2017. The application sections feature forecasts for the most important applications by product.

The technology discussion concentrates on trends that will develop more significantly during the forecast period. The report also includes a discussion on the competitive aspects of each product segment, along with several successful suppliers’ strategies in the market. A current industry directory, a survey of recent U.S. thermal management patents and patent applications pending, and profiles of a selection of the leading thermal management suppliers are also included.

The report addresses the global market for thermal management products during the period from 2011 through 2017, including:

• Thermal management hardware.
• Thermal management software.
• Thermal management interface products.
• Thermal management substrates.

The report format includes the following major elements.

• Executive Summary.
• Thermal management industry overview.
• Thermal management products major segments, subsegments, technology trends, applications, world market estimates and projections.
• Industry structure market shares and company profiles.
• Patent analysis.

METHODOLOGY

The findings and conclusions of this report are based on information gathered from a variety of sources, using both primary and secondary research methodologies. Sources of information include Internet searches and industry association data, and interviews conducted with thermal management component suppliers, custom engineering companies and manufacturers of representative applications. In addition, other secondary sources were consulted for the report, including industry journals and publications, product literature, white papers and technical journals, and financial reports for industry suppliers.

The base year for analysis and projection is 2011. With 2011 as a baseline, market projections were developed for 2012 and 2017. These projections are based on a combination of a consensus among primary contacts combined with our understanding of key market drivers and their impact from a historical and analytical perspective. The analytical methodologies used to generate the market estimates are described in detail in the market analysis. All dollar projections presented in this report are in 2011 constant dollars.

TABLE OF CONTENTS

Chapter 1: INTRODUCTION

STUDY GOAL AND OBJECTIVES
INTENDED AUDIENCE
SCOPE AND FORMAT
METHODOLOGY
ABOUT THE AUTHORS
RELATED REPORTS
BCC ON-LINE SERVICES
DISCLAIMER


Chapter 2: SUMMARY

Table Summary : WORLD THERMAL MANAGEMENT MARKET, THROUGH 2017
Figure Summary : WORLD THERMAL MANAGEMENT MARKET TRENDS, 2011-2017


Chapter 3: THERMAL MANAGEMENT OVERVIEW

IMPORTANCE OF THERMAL MANAGEMENT
POWER DISSIPATION
ENVIRONMENTAL AND REGULATORY FACTORS
TYPES OF THERMAL MANAGEMENT PRODUCTS


Chapter 4: MARKET SUMMARY

PRODUCT SEGMENTS
Table 2 : GLOBAL THERMAL MANAGEMENT MARKET BY PRODUCT TYPE, THROUGH 2017
Figure 2 : GLOBAL THERMAL MANAGEMENT REVENUE BY PRODUCT SEGMENT, 2011 VERSUS 2017
END-USE SEGMENTS
COMPUTERS
TELECOMMUNICATIONS
AUTOMOTIVE
CONSUMER PRODUCTS
MEDICAL/OFFICE ELECTRONICS
INDUSTRIAL/MILITARY ELECTRONICS
Table 3 : WORLD THERMAL MANAGEMENT MARKET BY END USE, THROUGH 2017
GEOGRAPHICAL SEGMENTS
NORTH AMERICA
EUROPEAN UNION
JAPAN
OTHER ASIA-PACIFIC
Table 4 : WORLD THERMAL MANAGEMENT MARKET BY MAJOR GEOGRAPHICAL MARKET, THROUGH 2017
Figure 16 : WORLD THERMAL MANAGEMENT MARKET SHARES BY REGION, 2011 VERSUS 2017
Table 1 : WORLD THERMAL MANAGEMENT MARKET, THROUGH 2017

Chapter 5: THERMAL MANAGEMENT MATERIALS AND TECHNOLOGY

MATERIALS
METALS AND ALLOYS
CERAMICS
CARBONACEOUS MATERIALS
COMPOSITES
POLYMER COMPOSITES
METAL MATRIX COMPOSITES (MMCS)
CARBON MATRIX COMPOSITES
PHASE CHANGE MATERIALS
EFFECTIVE THERMAL DESIGN FOR ELECTRONIC SYSTEMS
CONCEPT DEVELOPMENT
DETAILED DESIGN
HARDWARE TEST
OTHER DEVELOPMENTS
PACKAGING DESIGNED FOR THERMAL PERFORMANCE
THERMAL TEST DIES
THERMAL SENSING TECHNOLOGIES
NEW MANUFACTURING PROCESSES
RAPID PROTOTYPING AND FAST DELIVERY OF FINAL PRODUCT
THERMAL MANAGEMENT OF OUTDOOR ENCLOSURES
PORTABLE DEVICES
LIGHT-EMITTING DIODES
DATA CENTERS
HIGH-PERFORMANCE COMPUTING

Chapter 6: THERMAL MANAGEMENT HARDWARE

MAIN TYPES OF THERMAL MANAGEMENT HARDWARE
FANS AND BLOWERS
HEAT SINKS
FAN SINKS
HEAT PIPES
COLD PLATES
OTHER TYPES OF COOLING HARDWARE
WORLDWIDE MARKET FORECAST
GLOBAL AND REGIONAL TRENDS FOR THERMAL MANAGEMENT HARDWARE
THERMAL MANAGEMENT HARDWARE END-USE TRENDS
THERMAL MANAGEMENT HARDWARE PRODUCT CATEGORIES
Table 7 : GLOBAL THERMAL MANAGEMENT HARDWARE MARKET, THROUGH 2017

Chapter 7: THERMAL MANAGEMENT SOFTWARE

THE MAIN TYPES OF THERMAL MANAGEMENT SOFTWARE
COMPUTATIONAL FLUID DESIGN
COMPUTATIONAL HEAT TRANSFER
CIRCUIT DESIGN
POWER MANAGEMENT
OTHER SOFTWARE
RECENT TRENDS IN THERMAL MANAGEMENT SOFTWARE
WORLDWIDE MARKET FORECAST
GLOBAL AND REGIONAL TRENDS FOR THERMAL MANAGEMENT SOFTWARE
THERMAL MANAGEMENT SOFTWARE END-USE TRENDS
THERMAL MANAGEMENT SOFTWARE SUB-PRODUCT CATEGORIES
COMPUTATIONAL FLUID DYNAMICS SOFTWARE
COMPUTATIONAL HEAT TRANSFER SOFTWARE
CIRCUIT DESIGN SOFTWARE
POWER MANAGEMENT SOFTWARE
OTHER SOFTWARE
Table 17 : GLOBAL THERMAL MANAGEMENT SOFTWARE REVENUES, THROUGH 2017

Chapter 8: THERMAL INTERFACE MATERIALS

MAIN TYPES OF THERMAL INTERFACE PRODUCTS
THERMAL GREASES
THERMAL COMPOUNDS
THERMAL PADS
THERMAL TAPES
EPOXIES
PHASE CHANGE MATERIALS
OTHER MATERIALS
THERMAL INTERFACE MATERIAL MARKETS
GEOGRAPHICAL MARKETS
END USES
PRODUCT TYPES
Table 26 : GLOBAL MARKET FOR THERMAL INTERFACE MATERIALS, THROUGH 2017
Chapter- 9: THERMAL MANAGEMENT SUBSTRATES 10 $508

MAIN TYPES OF THERMAL SUBSTRATES
THERMALLY ENHANCED PACKAGES
HEAT SPREADERS
THERMAL SUBSTRATE MARKETS
GLOBAL AND REGIONAL TRENDS FOR THERMAL MANAGEMENT SUBSTRATE
END USES
PRODUCT TYPES
Table 37 : GLOBAL MARKET FOR THERMAL MANAGEMENT SUBSTRATES, THROUGH 2017
Chapter- 10: INDUSTRY STRUCTURE AND MARKET SHARES 28 $1422

INDUSTRY STRUCTURE
MARKET SHARES
Table 43 : LEADING GLOBAL THERMAL MANAGEMENT SUPPLIERS, 2011
Figure 28 : GLOBAL THERMAL MANAGEMENT MARKET SHARES, 2011
THERMAL MANAGEMENT HARDWARE
MARKET SHARES

COMPANY PROFILES

AAVID THERMALLOY LLC
ALCOA
CALMARK CORP.
COMAIR ROTRON
CONTROL RESOURCES
COOL INNOVATIONS
CPS TECHNOLOGIES CORP.
DYNATRON
EBM-PAPST
ETRI
THE FILTER FACTORY INC.
INTRICAST/RADIAN HEATSINKS
JARO COMPONENTS
KNURR AG
KOOLTRONIC
LAIRD TECHNOLOGIES
LIEBERT CORP.
LYTRON
MARLOW INDUSTRIES INC.
MICRONEL
NMB TECHNOLOGIES CORP.
NOREN PRODUCTS
NUVENTIX INC.
PC POWER & COOLING
PFANNENBERG INC.
POLYCOLD SYSTEMS
QUALTEK ELECTRONICS CORP.
RITTAL CORP.
SPRAYCOOL INC.
SUNON INC.
TELLUREX
TENNMAX
THERMACORE
U.S. TOYO FAN CORP.
UNITRACK INDUSTRIES
U-SQUARE CORP.
VETTE CORP.
VORTEC
WAKEFIELD THERMAL SOLUTIONS
THERMAL MANAGEMENT SOFTWARE
MARKET SHARES
COMPANY PROFILES
ACUSIM SOFTWARE
ANSOFT
ANSYS
DAAT RESEARCH CORP.
DEGREE CONTROLS INC.
ENERTRON
FLOMERICS GROUP PLC
LYTRON
MSC SOFTWARE
NETZSCH INSTRUMENTS INC.
THERMAL MANAGEMENT INTERFACE
MARKET SHARES
COMPANY PROFILES
THERMAL MANAGEMENT SUBSTRATE
MARKET SHARES
COMPANY PROFILES
AMKOR TECHNOLOGY
COOLER MASTER
DIAMONEX
MATERION CORP.
OSE
STATS CHIPPAC LTD.

Chapter 11: PATENTS

OVERVIEW
Figure 33 : U.S. PATENTS RELATED TO ELECTRONIC THERMAL MANAGEMENT ISSUED SINCE JULY 2011*
Table 48 : TOP U.S. THERMAL MANAGEMENT PATENT ASSIGNEES, 2011-2012

List of Tables

Summary Table : WORLD THERMAL MANAGEMENT MARKET, THROUGH 2017
Table 1 : WORLD THERMAL MANAGEMENT MARKET, THROUGH 2017
Table 2 : GLOBAL THERMAL MANAGEMENT MARKET BY PRODUCT TYPE, THROUGH 2017
Table 3 : WORLD THERMAL MANAGEMENT MARKET BY END USE, THROUGH 2017
Table 4 : WORLD THERMAL MANAGEMENT MARKET BY MAJOR GEOGRAPHICAL MARKET, THROUGH 2017
Table 5 : METAL MATRIX COMPOSITES
Table 6 : SOLID-LIQUID PCM PROPERTIES
Table 7 : GLOBAL THERMAL MANAGEMENT HARDWARE MARKET, THROUGH 2017
Table 8 : THERMAL MANAGEMENT HARDWARE REVENUE BY REGION, THROUGH 2017
Table 9 : GLOBAL THERMAL MANAGEMENT HARDWARE MARKET BY END USE, THROUGH 2017
Table 10 : GLOBAL THERMAL MANAGEMENT HARDWARE SHIPMENTS BY PRODUCT SUBSEGMENTS, THROUGH 2017
Table 11 : GLOBAL SHIPMENTS OF THERMAL MANAGEMENT FANS AND BLOWERS BY END USE, THROUGH 2017
Table 12 : GLOBAL SHIPMENTS OF THERMAL MANAGEMENT HEAT SINKS BY END USE, THROUGH 2017
Table 13 : GLOBAL SHIPMENTS OF THERMAL MANAGEMENT FAN SINKS BY END USE, THROUGH 2017
Table 14 : GLOBAL MARKET FOR THERMAL MANAGEMENT HEAT PIPES BY END USE, THROUGH 2017
Table 15 : GLOBAL MARKET FOR THERMAL MANAGEMENT COLD PLATES BY END USE, THROUGH 2017
Table 16 : GLOBAL MARKET FOR OTHER TYPES OF THERMAL MANAGEMENT HARDWARE BY END-USE APPLICATION, THROUGH 2017
Table 17 : GLOBAL THERMAL MANAGEMENT SOFTWARE REVENUES, THROUGH 2017
Table 18 : MARKET FOR THERMAL MANAGEMENT SOFTWARE BY REGION, THROUGH 2017
Table 19 : GLOBAL THERMAL MANAGEMENT SOFTWARE REVENUES BY END-USE APPLICATION, THROUGH 2017
Table 20 : GLOBAL MARKET FOR THERMAL MANAGEMENT SOFTWARE BY PRODUCT TYPE, THROUGH 2017
Table 21 : GLOBAL MARKET FOR CFD SOFTWARE BY END USE, THROUGH 2016
Table 22 : GLOBAL MARKET FOR CHT SOFTWARE BY END USE, THROUGH 2017
Table 23 : GLOBAL MARKET FOR THERMAL MANAGEMENT CIRCUIT DESIGN SOFTWARE BY END USE, THROUGH 2017
Table 24 : GLOBAL MARKET FOR POWER MANAGEMENT SOFTWARE BY END USE, THROUGH 2017
Table 25 : GLOBAL MARKET FOR OTHER TYPES OF THERMAL MANAGEMENT SOFTWARE BY END USE, THROUGH 2017
Table 26 : GLOBAL MARKET FOR THERMAL INTERFACE MATERIALS, THROUGH 2017
Table 27 : THERMAL INTERFACE MATERIAL MARKET SHARES BY REGION, THROUGH 2017
Table 28 : GLOBAL MARKET FOR THERMAL INTERFACE MATERIALS BY END USE, THROUGH 2017
Table 29 : GLOBAL MARKET FOR THERMAL INTERFACE MATERIALS BY TYPE OF PRODUCT, THROUGH 2017
Table 30 : GLOBAL MARKET FOR THERMAL GREASE BY END USE, THROUGH 2017
Table 31 : GLOBAL MARKET FOR THERMAL COMPOUNDS BY END USE, THROUGH 2017
Table 32 : GLOBAL MARKET FOR THERMAL PADS BY END USE, THROUGH 2017
Table 33 : GLOBAL MARKET FOR THERMAL MANAGEMENT ADHESIVE FILMS AND TAPES BY END USE, THROUGH 2017
Table 34 : GLOBAL MARKET FOR THERMAL MANAGEMENT EPOXIES BY END-USE APPLICATION, THROUGH 2017
Table 35 : GLOBAL MARKET FOR PCM THERMAL INTERFACE MATERIALS BY END USE, THROUGH 2017
Table 36 : GLOBAL MARKET FOR METAL THERMAL INTERFACE MATERIALS BY END USE, THROUGH 2017
Table 37 : GLOBAL MARKET FOR THERMAL MANAGEMENT SUBSTRATES, THROUGH 2017
Table 38 : THERMAL MANAGEMENT SUBSTRATE MARKET BY REGION, THROUGH 2017
Table 39 : GLOBAL THERMAL MANAGEMENT SUBSTRATE MARKET BY END-USE APPLICATION, THROUGH 2017
Table 40 : GLOBAL MARKET FOR THERMAL MANAGEMENT SUBSTRATES BY TYPE OF PRODUCTS, THROUGH 2017
Table 41 : GLOBAL MARKET FOR THERMALLY ENHANCED PACKAGES BY END USE, THROUGH 2017
Table 42 : GLOBAL MARKET FOR HEAT SPREADERS BY END USE, THROUGH 2017
Table 43 : LEADING GLOBAL THERMAL MANAGEMENT SUPPLIERS, 2011
Table 44 : GLOBAL THERMAL MANAGEMENT HARDWARE MARKET LEADERS, 2011
Table 45 : GLOBAL THERMAL MANAGEMENT SOFTWARE MARKET LEADERS, 2011
Table 46 : GLOBAL THERMAL MANAGEMENT INTERFACE MARKET LEADERS, 2011
Table 47 : GLOBAL THERMAL MANAGEMENT SUBSTRATE MARKET LEADERS, 2011
Table 48 : TOP U.S. THERMAL MANAGEMENT PATENT ASSIGNEES, 2011-2012

List of Figures

Summary Figure : WORLD THERMAL MANAGEMENT MARKET TRENDS, 2011-2017
Figure 1 : MAJOR CAUSES OF ELECTRONIC FAILURE
Figure 2 : GLOBAL THERMAL MANAGEMENT REVENUE BY PRODUCT SEGMENT, 2011 VERSUS 2017
Figure 3 : GLOBAL PC SHIPMENTS, 2011-2017
Figure 4 : COMPUTER-RELATED MARKET FOR ALL THERMAL MANAGEMENT TECHNOLOGIES, 2011-2017
Figure 5 : GLOBAL SHIPMENTS OF MOBILE PHONE HANDSETS, 2011-2017
Figure 6 : GLOBAL SPENDING ON MOBILE TELECOMMUNICATIONS INFRASTRUCTURE, 2011-2017
Figure 7 : TELECOMMUNICATIONS-RELATED MARKET FOR ALL THERMAL MANAGEMENT TECHNOLOGIES, 2011-2017
Figure 8 : GLOBAL MOTOR VEHICLE PRODUCTION, 2011-2017
Figure 9 : MOTOR VEHICLE-RELATED MARKET FOR ALL THERMAL MANAGEMENT TECHNOLOGIES, 2011-2017
Figure 10 : GLOBAL CONSUMER ELECTRONICS SALES, 2011-2017
Figure 11 : CONSUMER PRODUCT-RELATED MARKET FOR ALL THERMAL MANAGEMENT TECHNOLOGIES, 2011-2017
Figure 12 : GLOBAL SALES OF MEDICAL AND OFFICE ELECTRONICS, 2011-2017
Figure 13 : MEDICAL AND OFFICE ELECTRONICS-RELATED MARKET FOR ALL THERMAL MANAGEMENT TECHNOLOGIES, 2011-2017
Figure 14 : GLOBAL SALES OF INDUSTRIAL AND MILITARY ELECTRONICS, 2011-2017
Figure 15 : OTHER INDUSTRIAL AND MILITARY MARKET FOR ALL THERMAL MANAGEMENT TECHNOLOGIES, 2011-2017
Figure 16 : WORLD THERMAL MANAGEMENT MARKET SHARES BY REGION, 2011 VERSUS 2017
Figure 17 : WORLD THERMAL MANAGEMENT HARDWARE MARKET SHARES BY REGION, 2011 VERSUS 2017
Figure 18 : WORLD THERMAL MANAGEMENT HARDWARE MARKET SHARES BY END-USE SEGMENT, 2011 VERSUS 2017
Figure 19 : GLOBAL THERMAL MANAGEMENT HARDWARE REVENUE BY PRODUCT SEGMENT, 2011 VERSUS 2017
Figure 20 : WORLD THERMAL MANAGEMENT SOFTWARE MARKET SHARES BY REGION, 2011 VERSUS 2017
Figure 21 : WORLD THERMAL MANAGEMENT SOFTWARE MARKET SHARES BY END USE, 2011 VERSUS 2017
Figure 22 : WORLD THERMAL MANAGEMENT SOFTWARE MARKET SHARES BY PRODUCT TYPE, 2011 VERSUS 2017
Figure 23 : THERMAL MANAGEMENT INTERFACE MARKET SHARES BY REGION, 2011 VERSUS 2017
Figure 24 : WORLD THERMAL MANAGEMENT INTERFACE MARKET SHARES BY END-USE APPLICATION, 2011 VERSUS 2017
Figure 25 : GLOBAL MARKET FOR THERMAL INTERFACE MATERIALS BY TYPE OF PRODUCT, 2011 VERSUS 2017
Figure 26 : THERMAL MANAGEMENT SUBSTRATE MARKET SHARES BY REGION, 2011 VERSUS 2017
Figure 27 : GLOBAL THERMAL MANAGEMENT SUBSTRATE MARKET SHARES BY END-USE APPLICATION, 2011 VERSUS 2017
Figure 28 : GLOBAL THERMAL MANAGEMENT MARKET SHARES, 2011
Figure 29 : GLOBAL THERMAL MANAGEMENT HARDWARE MARKET SHARES, 2011
Figure 30 : GLOBAL THERMAL MANAGEMENT SOFTWARE MARKET SHARES, 2011
Figure 31 : GLOBAL THERMAL MANAGEMENT INTERFACE MARKET SHARES, 2011
Figure 32 : TOP-FIVE VENDORS — GLOBAL THERMAL MANAGEMENT SUBSTRATE MARKET, 2011
Figure 33 : U.S. PATENTS RELATED TO ELECTRONIC THERMAL MANAGEMENT ISSUED SINCE JULY 2011*