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Global Production Of Cold Plate Increased From 1527.3 K Units In 2013 To 1963.7K Units In 2017
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The global production of cold plate increased from 1527.3 K Units in 2013 to 1963.7K Units in 2017, at a CAGR of 6.48%. In 2017, the global cold plate market is led by USA. China is the second-largest region-wise market. The global cold plate market is valued at USD 302 million in 2017 and is expected to reach USD 239 million by the end of 2024, growing at a CAGR of 3.38% between 2017 and 2024. USA is the largest consumption area of cold plate by volume in 2017 with 40.01% of global total consumption volume share. Europe and China are the following with 16.7% and 27.36% by share.

Currently, in this industry, Aavid, Lytron, Asia Vital Components, Wakefield-VetteAnd Xenbo Electric is the world's leading producer. Aavid is a global leader. In 2015, Aavid acquired Thermacore, Inc, Qfinsoft Technology Inc and Kunze-Folien GmbH. After the acquisition, Aavid's market share increased significantly. At present, Aavid hold 19.5% of the global market share. In the United States and Europe, Aavid, Lytron, Wakefield-Vette, Wolverine Tube and Columbia-Staver are important players in the market. Asia Vital Components and Xenbo Electric are the Chinese market leaders.

China is the world's largest exporting country. Japan, South Korea, Southeast Asia and the United States need to import cold plate from China. In addition, many companies set up production bases in China. At the same time, China can also produce OEM cold plate. It should be noted that some of Aavid's products come from China or India (OEM form).

At present, in addition to high power electronic equipment, more and more IGBTs and laser devices require a high-performance cold plate. Due to the upgrading of power equipment in developing countries, the application of high power electronic equipment and power conversion equipment will continue to be the most important application of the cold plate. IGBTs and laser devices may be the main driving force in the future market. The new design will increasingly reflect the characteristics of various types of cold plates.

Overall economic performance will continue to be the best indicator of future demand for cold plate. Demand in most downstream markets is greatly influenced by general economic conditions.