Thermal Interface Material Market by Type, by Application, by Region - Trends & Forecasts to 2020
NEW YORK, June 15, 2015 /PRNewswire/ -- The report on TIMs captures its global market size by volume and value. This market is growing at a rapid pace in APAC and North America. The demand for TIMs is driven by the following factors:
- LED is currently replacing the less energy efficient fluorescent lightings. However LED lights have some inherent physical contradictions. On one hand the LED current should get high to generate desired lumen outputs but on the other hand the LED current should get low to reduce losses and heat. Physical contradictions can be solved by applying the so called four separation principles namely: separation in time, separation in space, separation on system level and separation on condition. In many cases in which optimizations come to its limits, separation is the right solution. The challenge of a sophisticated LED design is to combine the optical and thermal design disciplines to continuously improve the overall system efficiency and hence its light quality including the electronic driving system as well. Thus as LED designs get more sophisticated, it will have a proportional impact on the demand and efficiency of TIMs.
- In a time span of 10 years, most of the emerging markets will be wirelessly connected to such as level that the internet itself will be more like a backbone, a necessity just like electricity supply. As markets move towards such levels of connectivity, there is an impending need for wider reaching and more comprehensive networks. These networks will be faster and will have a much higher reliability. In order to achieve this, more sophisticated and reliable telecommunication equipment will have to be used. This trend is expected t drive the demand for TIMs in future.
The global market for TIMs has grown significantly during the last few years and is expected to grow at a rapid pace in the next five years. This market is mainly driven by the growing consumption in APAC, and North America. Currently, APAC is the largest market for TIMs, followed by North America, Europe, and RoW. The market size for TIMs in APAC is projected to register a CAGR of 12.5%, in terms of value, between 2015 and 2020.
The report estimates the market size for TIMs in each region for 2014 and projects the expected demand by 2020. This report follows both top-down and bottom-up approaches to estimate the market size for each sub-segment. It also provides a comprehensive review of the market dynamics, industry trends, and value chain for TIMs. In this report, secondary literatures have been used to collect the market information, and industry experts have been interviewed in order to verify the information. Key manufacturers, such as Henkel Corporation (U.S.), Bergquist Company (U.S.), Indium Corporation (U.S.), Parker Chomerics (U.S.), Dow Corning (U.S.), Laird Technologies (U.S.), Momentive Performance Materials Inc. (U.S.), Zalman Tech Co., Ltd. (South Korea), Honeywell International (U.S.), 3M Company (U.S.), and Wakefield-Vette, Inc. (U.S.) have been profiled in detail.
Read the full report: http://www.reportlinker.com/p03007854-summary/view-report.html
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