Part 1
Part 2
Part 3
Part 4
Part 5
Description
The global Loop Heat Pipes market is projected to grow from US$ 29.8 million in 2024 to US$ 42 million by 2031, at a CAGR of 5.1% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
A loop heat pipe (LHP) is a two-phase heat transfer device that uses capillary action to remove heat from a source and passively move it to a condenser or radiator.
Loop Heat Pipes Market Size(US$)
M= millions and B=billions

The core manufacturers of Loop Heat Pipes worldwide include Boyd Corporation, Mott Corporation and Fujikura. The top three companies have a market share of about 47%. North America is the world's largest market for Loop Heat Pipes with a market share of about 38%, followed by Europe and China with a market share of 31% and 18%, respectively. In terms of product type, Cylindrical Evaporator is the largest segment with approximately 72% market share. In terms of applications, Aerospace is the largest downstream segment, accounting for about 65% of the market.
Report Includes:
This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Loop Heat Pipes market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation
Report Metric
Details
Report Title
Global Loop Heat Pipes Market Outlook, In‑Depth Analysis & Forecast to 2031
Forecasted Market Size in 2031
US$ 42 million
CAGR(2025-2031)
5.1%
Market Size Available for Years
2025-2031
Global Loop Heat Pipes Companies Covered
Boyd Corporation
Mott Corporation
Fujikura
Calyos
Advanced Cooling Technologies (ACT)
Arquimea
Celsia Technologies
Thermatech
Shenzhen VC Thermal Technology
Global Loop Heat Pipes Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Loop Heat Pipes Market, Segment by Type
Cylindrical Evaporator
Flat Plate Evaporator
Global Loop Heat Pipes Market, Segment by Application
Aerospace
Electronic Equipment
Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Defines the Loop Heat Pipes study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 15: Actionable conclusions and strategic recommendations.
Why This Report:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
Table of Contents
1 Study Coverage
1.1 Introduction to Loop Heat Pipes: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Loop Heat Pipes Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Cylindrical Evaporator
1.2.3 Flat Plate Evaporator
1.3 Market Segmentation by Application
1.3.1 Global Loop Heat Pipes Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Aerospace
1.3.3 Electronic Equipment
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Loop Heat Pipes Revenue Estimates and Forecasts 2020-2031
2.2 Global Loop Heat Pipes Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global Loop Heat Pipes Sales Estimates and Forecasts 2020-2031
2.4 Global Loop Heat Pipes Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Global Production Analysis
3.1 Global Loop Heat Pipes Production Capacity and Utilization Rates (2020–2031)
3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)
3.3 Regional Production Dynamics
3.3.1 Historic Production by Region (2020-2025)
3.3.2 Forecasted Production by Region (2026-2031)
3.3.3 Production Market Share by Region (2020-2031)
3.3.4 Regulatory and Trade Policy Impact on Production
3.3.5 Production Capacity Enablers and Constraints
3.4 Key Regional Production Hubs
3.4.1 North America
3.4.2 Europe
3.4.3 China
3.4.4 Japan
3.4.5 South Korea
3.4.6 Taiwan
4 Competition by Manufacturers
4.1 Global Loop Heat Pipes Sales by Manufacturers
4.1.1 Global Sales Volume by Manufacturers (2020-2025)
4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
4.2 Global Loop Heat Pipes Manufacturer Revenue Rankings and Tiers
4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
4.3 Manufacturer Profitability Profiles and Pricing Strategies
4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
4.3.2 Manufacturer-Level Price Trends (2020-2025)
4.4 Key Manufacturers Manufacturing Base and Headquarters
4.5 Main Product Type Market Size by Manufacturers
4.5.1 Cylindrical Evaporator Market Size by Manufacturers
4.5.2 Flat Plate Evaporator Market Size by Manufacturers
4.6 Global Loop Heat Pipes Market Concentration and Dynamics
4.6.1 Global Market Concentration (CR5 and HHI)
4.6.2 Entrant/Exit Impact Analysis
4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
5 Global Product Segmentation Analysis
5.1 Global Loop Heat Pipes Sales Performance by Type
5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
5.1.2 Global Sales Market Share by Type (2020-2031)
5.2 Global Loop Heat Pipes Revenue Trends by Type
5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
5.2.2 Global Revenue Market Share by Type (2020-2031)
5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
5.4 Product Technology Differentiation
5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
5.5.1 High-Growth Niches and Adoption Drivers
5.5.2 Profitability Hotspots and Cost Drivers
5.5.3 Substitution Threats
6 Global Downstream Application Analysis
6.1 Global Loop Heat Pipes Sales by Application
6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
6.1.2 Global Sales Market Share by Application (2020-2031)
6.1.3 High-Growth Application Identification
6.1.4 Emerging Application Case Studies
6.2 Global Loop Heat Pipes Revenue by Application
6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
6.2.2 Revenue Market Share by Application (2020-2031)
6.3 Global Pricing Dynamics by Application (2020-2031)
6.4 Downstream Customer Analysis
6.4.1 Top Customers by Region
6.4.2 Top Customers by Application
7 North America
7.1 North America Sales Volume and Revenue (2020-2031)
7.2 North America Key Manufacturers Sales Revenue in 2024
7.3 North America Loop Heat Pipes Sales and Revenue by Type (2020-2031)
7.4 North America Loop Heat Pipes Sales and Revenue by Application (2020-2031)
7.5 North America Growth Accelerators and Market Barriers
7.6 North America Loop Heat Pipes Market Size by Country
7.6.1 North America Revenue by Country
7.6.2 North America Sales Trends by Country
7.6.3 US
7.6.4 Canada
7.6.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2020-2031)
8.2 Europe Key Manufacturers Sales Revenue in 2024
8.3 Europe Loop Heat Pipes Sales and Revenue by Type (2020-2031)
8.4 Europe Loop Heat Pipes Sales and Revenue by Application (2020-2031)
8.5 Europe Growth Accelerators and Market Barriers
8.6 Europe Loop Heat Pipes Market Size by Country
8.6.1 Europe Revenue by Country
8.6.2 Europe Sales Trends by Country
8.6.3 Germany
8.6.4 France
8.6.5 U.K.
8.6.6 Italy
8.6.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
9.3 Asia-Pacific Loop Heat Pipes Sales and Revenue by Type (2020-2031)
9.4 Asia-Pacific Loop Heat Pipes Sales and Revenue by Application (2020-2031)
9.5 Asia-Pacific Loop Heat Pipes Market Size by Region
9.5.1 Asia-Pacific Revenue by Region
9.5.2 Asia-Pacific Sales Trends by Region
9.6 Asia-Pacific Growth Accelerators and Market Barriers
9.7 Southeast Asia
9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.8 China
9.9 Japan
9.10 South Korea
9.11 China Taiwan
9.12 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2020-2031)
10.2 Central and South America Key Manufacturers Sales Revenue in 2024
10.3 Central and South America Loop Heat Pipes Sales and Revenue by Type (2020-2031)
10.4 Central and South America Loop Heat Pipes Sales and Revenue by Application (2020-2031)
10.5 Central and South America Investment Opportunities and Key Challenges
10.6 Central and South America Loop Heat Pipes Market Size by Country
10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 Brazil
10.6.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
11.3 Middle East and Africa Loop Heat Pipes Sales and Revenue by Type (2020-2031)
11.4 Middle East and Africa Loop Heat Pipes Sales and Revenue by Application (2020-2031)
11.5 Middle East and Africa Investment Opportunities and Key Challenges
11.6 Middle East and Africa Loop Heat Pipes Market Size by Country
11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
11.6.2 GCC Countries
11.6.3 Turkey
11.6.4 Egypt
11.6.5 South Africa
12 Corporate Profile
12.1 Boyd Corporation
12.1.1 Boyd Corporation Corporation Information
12.1.2 Boyd Corporation Business Overview
12.1.3 Boyd Corporation Loop Heat Pipes Product Models, Descriptions and Specifications
12.1.4 Boyd Corporation Loop Heat Pipes Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.5 Boyd Corporation Loop Heat Pipes Sales by Product in 2024
12.1.6 Boyd Corporation Loop Heat Pipes Sales by Application in 2024
12.1.7 Boyd Corporation Loop Heat Pipes Sales by Geographic Area in 2024
12.1.8 Boyd Corporation Loop Heat Pipes SWOT Analysis
12.1.9 Boyd Corporation Recent Developments
12.2 Mott Corporation
12.2.1 Mott Corporation Corporation Information
12.2.2 Mott Corporation Business Overview
12.2.3 Mott Corporation Loop Heat Pipes Product Models, Descriptions and Specifications
12.2.4 Mott Corporation Loop Heat Pipes Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.5 Mott Corporation Loop Heat Pipes Sales by Product in 2024
12.2.6 Mott Corporation Loop Heat Pipes Sales by Application in 2024
12.2.7 Mott Corporation Loop Heat Pipes Sales by Geographic Area in 2024
12.2.8 Mott Corporation Loop Heat Pipes SWOT Analysis
12.2.9 Mott Corporation Recent Developments
12.3 Fujikura
12.3.1 Fujikura Corporation Information
12.3.2 Fujikura Business Overview
12.3.3 Fujikura Loop Heat Pipes Product Models, Descriptions and Specifications
12.3.4 Fujikura Loop Heat Pipes Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.5 Fujikura Loop Heat Pipes Sales by Product in 2024
12.3.6 Fujikura Loop Heat Pipes Sales by Application in 2024
12.3.7 Fujikura Loop Heat Pipes Sales by Geographic Area in 2024
12.3.8 Fujikura Loop Heat Pipes SWOT Analysis
12.3.9 Fujikura Recent Developments
12.4 Calyos
12.4.1 Calyos Corporation Information
12.4.2 Calyos Business Overview
12.4.3 Calyos Loop Heat Pipes Product Models, Descriptions and Specifications
12.4.4 Calyos Loop Heat Pipes Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.5 Calyos Loop Heat Pipes Sales by Product in 2024
12.4.6 Calyos Loop Heat Pipes Sales by Application in 2024
12.4.7 Calyos Loop Heat Pipes Sales by Geographic Area in 2024
12.4.8 Calyos Loop Heat Pipes SWOT Analysis
12.4.9 Calyos Recent Developments
12.5 Advanced Cooling Technologies (ACT)
12.5.1 Advanced Cooling Technologies (ACT) Corporation Information
12.5.2 Advanced Cooling Technologies (ACT) Business Overview
12.5.3 Advanced Cooling Technologies (ACT) Loop Heat Pipes Product Models, Descriptions and Specifications
12.5.4 Advanced Cooling Technologies (ACT) Loop Heat Pipes Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.5 Advanced Cooling Technologies (ACT) Loop Heat Pipes Sales by Product in 2024
12.5.6 Advanced Cooling Technologies (ACT) Loop Heat Pipes Sales by Application in 2024
12.5.7 Advanced Cooling Technologies (ACT) Loop Heat Pipes Sales by Geographic Area in 2024
12.5.8 Advanced Cooling Technologies (ACT) Loop Heat Pipes SWOT Analysis
12.5.9 Advanced Cooling Technologies (ACT) Recent Developments
12.6 Arquimea
12.6.1 Arquimea Corporation Information
12.6.2 Arquimea Business Overview
12.6.3 Arquimea Loop Heat Pipes Product Models, Descriptions and Specifications
12.6.4 Arquimea Loop Heat Pipes Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.5 Arquimea Recent Developments
12.7 Celsia Technologies
12.7.1 Celsia Technologies Corporation Information
12.7.2 Celsia Technologies Business Overview
12.7.3 Celsia Technologies Loop Heat Pipes Product Models, Descriptions and Specifications
12.7.4 Celsia Technologies Loop Heat Pipes Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.5 Celsia Technologies Recent Developments
12.8 Thermatech
12.8.1 Thermatech Corporation Information
12.8.2 Thermatech Business Overview
12.8.3 Thermatech Loop Heat Pipes Product Models, Descriptions and Specifications
12.8.4 Thermatech Loop Heat Pipes Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.5 Thermatech Recent Developments
12.9 Shenzhen VC Thermal Technology
12.9.1 Shenzhen VC Thermal Technology Corporation Information
12.9.2 Shenzhen VC Thermal Technology Business Overview
12.9.3 Shenzhen VC Thermal Technology Loop Heat Pipes Product Models, Descriptions and Specifications
12.9.4 Shenzhen VC Thermal Technology Loop Heat Pipes Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.5 Shenzhen VC Thermal Technology Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 Loop Heat Pipes Industry Chain
13.2 Loop Heat Pipes Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 Loop Heat Pipes Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 Loop Heat Pipes Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 Loop Heat Pipes Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
15 Key Findings in the Global Loop Heat Pipes Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
Table of Figures
List of Tables
Table 1. Global Loop Heat Pipes Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Table 2. Global Loop Heat Pipes Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Table 3. Global Loop Heat Pipes Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 4. Global Loop Heat Pipes Revenue by Region (2020-2025) & (US$ Million)
Table 5. Global Loop Heat Pipes Revenue by Region (2026-2031) & (US$ Million)
Table 6. Global Loop Heat Pipes Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Units)
Table 7. Global Loop Heat Pipes Sales by Region (2020-2025) & (Units)
Table 8. Global Loop Heat Pipes Sales by Region (2026-2031) & (Units)
Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 10. Global Loop Heat Pipes Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Units)
Table 11. Global Loop Heat Pipes Production by Region (2020-2025) & (Units)
Table 12. Global Loop Heat Pipes Production by Region (2026-2031) & (Units)
Table 13. Global Loop Heat Pipes Sales by Manufacturers (2020-2025) & (Units)
Table 14. Global Loop Heat Pipes Sales Share by Manufacturers (2020-2025)
Table 15. Global Loop Heat Pipes Revenue by Manufacturers (2020-2025) & (US$ Million)
Table 16. Global Loop Heat Pipes Revenue Market Share by Manufacturers (2020-2025)
Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)
Table 18. Global Loop Heat Pipes by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Loop Heat Pipes as of 2024)
Table 19. Global Loop Heat Pipes Average Gross Margin (%) by Manufacturer (2020 VS 2024)
Table 20. Global Loop Heat Pipes Average Selling Price (ASP) by Manufacturers (2020-2025) & (K US$/Unit)
Table 21. Key Manufacturers Loop Heat Pipes Manufacturing Base and Headquarters
Table 22. Global Loop Heat Pipes Market Concentration Ratio (CR5 and HHI)
Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
Table 25. Global Loop Heat Pipes Sales by Type (2020-2025) & (Units)
Table 26. Global Loop Heat Pipes Sales by Type (2026-2031) & (Units)
Table 27. Global Loop Heat Pipes Revenue by Type (2020-2025) & (US$ Million)
Table 28. Global Loop Heat Pipes Revenue by Type (2026-2031) & (US$ Million)
Table 29. Global Loop Heat Pipes ASP by Type (2020-2031) & (K US$/Unit)
Table 30. Technical Specifications by Key Product Type
Table 31. Global Loop Heat Pipes Sales by Application (2020-2025) & (Units)
Table 32. Global Loop Heat Pipes Sales by Application (2026-2031) & (Units)
Table 33. Loop Heat Pipes High-Growth Sectors Demand CAGR (2024-2031)
Table 34. Global Loop Heat Pipes Revenue by Application (2020-2025) & (US$ Million)
Table 35. Global Loop Heat Pipes Revenue by Application (2026-2031) & (US$ Million)
Table 36. Global Loop Heat Pipes ASP by Application (2020-2031) & (K US$/Unit)
Table 37. Top Customers by Region
Table 38. Top Customers by Application
Table 39. North America Loop Heat Pipes Growth Accelerators and Market Barriers
Table 40. North America Loop Heat Pipes Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 41. North America Loop Heat Pipes Sales (Units) by Country (2020 VS 2024 VS 2031)
Table 42. Europe Loop Heat Pipes Growth Accelerators and Market Barriers
Table 43. Europe Loop Heat Pipes Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
Table 44. Europe Loop Heat Pipes Sales (Units) by Country (2020 VS 2024 VS 2031)
Table 45. Asia-Pacific Loop Heat Pipes Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 46. Asia-Pacific Loop Heat Pipes Sales (Units) by Country (2020 VS 2024 VS 2031)
Table 47. Asia-Pacific Loop Heat Pipes Growth Accelerators and Market Barriers
Table 48. Southeast Asia Loop Heat Pipes Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 49. Central and South America Loop Heat Pipes Investment Opportunities and Key Challenges
Table 50. Central and South America Loop Heat Pipes Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 51. Middle East and Africa Loop Heat Pipes Investment Opportunities and Key Challenges
Table 52. Middle East and Africa Loop Heat Pipes Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
Table 53. Boyd Corporation Corporation Information
Table 54. Boyd Corporation Description and Major Businesses
Table 55. Boyd Corporation Product Models, Descriptions and Specifications
Table 56. Boyd Corporation Capacity, Sales (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
Table 57. Boyd Corporation Sales Value Proportion by Product in 2024
Table 58. Boyd Corporation Sales Value Proportion by Application in 2024
Table 59. Boyd Corporation Sales Value Proportion by Geographic Area in 2024
Table 60. Boyd Corporation Loop Heat Pipes SWOT Analysis
Table 61. Boyd Corporation Recent Developments
Table 62. Mott Corporation Corporation Information
Table 63. Mott Corporation Description and Major Businesses
Table 64. Mott Corporation Product Models, Descriptions and Specifications
Table 65. Mott Corporation Capacity, Sales (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
Table 66. Mott Corporation Sales Value Proportion by Product in 2024
Table 67. Mott Corporation Sales Value Proportion by Application in 2024
Table 68. Mott Corporation Sales Value Proportion by Geographic Area in 2024
Table 69. Mott Corporation Loop Heat Pipes SWOT Analysis
Table 70. Mott Corporation Recent Developments
Table 71. Fujikura Corporation Information
Table 72. Fujikura Description and Major Businesses
Table 73. Fujikura Product Models, Descriptions and Specifications
Table 74. Fujikura Capacity, Sales (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
Table 75. Fujikura Sales Value Proportion by Product in 2024
Table 76. Fujikura Sales Value Proportion by Application in 2024
Table 77. Fujikura Sales Value Proportion by Geographic Area in 2024
Table 78. Fujikura Loop Heat Pipes SWOT Analysis
Table 79. Fujikura Recent Developments
Table 80. Calyos Corporation Information
Table 81. Calyos Description and Major Businesses
Table 82. Calyos Product Models, Descriptions and Specifications
Table 83. Calyos Capacity, Sales (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
Table 84. Calyos Sales Value Proportion by Product in 2024
Table 85. Calyos Sales Value Proportion by Application in 2024
Table 86. Calyos Sales Value Proportion by Geographic Area in 2024
Table 87. Calyos Loop Heat Pipes SWOT Analysis
Table 88. Calyos Recent Developments
Table 89. Advanced Cooling Technologies (ACT) Corporation Information
Table 90. Advanced Cooling Technologies (ACT) Description and Major Businesses
Table 91. Advanced Cooling Technologies (ACT) Product Models, Descriptions and Specifications
Table 92. Advanced Cooling Technologies (ACT) Capacity, Sales (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
Table 93. Advanced Cooling Technologies (ACT) Sales Value Proportion by Product in 2024
Table 94. Advanced Cooling Technologies (ACT) Sales Value Proportion by Application in 2024
Table 95. Advanced Cooling Technologies (ACT) Sales Value Proportion by Geographic Area in 2024
Table 96. Advanced Cooling Technologies (ACT) Loop Heat Pipes SWOT Analysis
Table 97. Advanced Cooling Technologies (ACT) Recent Developments
Table 98. Arquimea Corporation Information
Table 99. Arquimea Description and Major Businesses
Table 100. Arquimea Product Models, Descriptions and Specifications
Table 101. Arquimea Capacity, Sales (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
Table 102. Arquimea Recent Developments
Table 103. Celsia Technologies Corporation Information
Table 104. Celsia Technologies Description and Major Businesses
Table 105. Celsia Technologies Product Models, Descriptions and Specifications
Table 106. Celsia Technologies Capacity, Sales (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
Table 107. Celsia Technologies Recent Developments
Table 108. Thermatech Corporation Information
Table 109. Thermatech Description and Major Businesses
Table 110. Thermatech Product Models, Descriptions and Specifications
Table 111. Thermatech Capacity, Sales (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
Table 112. Thermatech Recent Developments
Table 113. Shenzhen VC Thermal Technology Corporation Information
Table 114. Shenzhen VC Thermal Technology Description and Major Businesses
Table 115. Shenzhen VC Thermal Technology Product Models, Descriptions and Specifications
Table 116. Shenzhen VC Thermal Technology Capacity, Sales (Units), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
Table 117. Shenzhen VC Thermal Technology Recent Developments
Table 118. Key Raw Materials Distribution
Table 119. Raw Materials Key Suppliers
Table 120. Critical Raw Material Supplier Concentration (2024) & Risk Index
Table 121. Milestones in Production Technology Evolution
Table 122. Distributors List
Table 123. Market Trends and Market Evolution
Table 124. Market Drivers and Opportunities
Table 125. Market Challenges, Risks, and Restraints
Table 126. Research Programs/Design for This Report
Table 127. Key Data Information from Secondary Sources
Table 128. Key Data Information from Primary Sources
List of Figures
Figure 1. Loop Heat Pipes Product Picture
Figure 2. Global Loop Heat Pipes Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Cylindrical Evaporator Product Picture
Figure 4. Flat Plate Evaporator Product Picture
Figure 5. Global Loop Heat Pipes Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
Figure 6. Aerospace
Figure 7. Electronic Equipment
Figure 8. Others
Figure 9. Loop Heat Pipes Report Years Considered
Figure 10. Global Loop Heat Pipes Revenue, (US$ Million), 2020 VS 2024 VS 2031
Figure 11. Global Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 12. Global Loop Heat Pipes Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 13. Global Loop Heat Pipes Revenue Market Share by Region (2020-2031)
Figure 14. Global Loop Heat Pipes Sales (2020-2031) & (Units)
Figure 15. Global Loop Heat Pipes Sales (CAGR) by Region (2020-2031) (Units)
Figure 16. Global Loop Heat Pipes Sales Market Share by Region (2020-2031)
Figure 17. Global Loop Heat Pipes Capacity, Production and Utilization (2020-2031) & (Units)
Figure 18. Global Loop Heat Pipes Production Trend by Region (2020-2031) (Units)
Figure 19. Global Loop Heat Pipes Production Market Share by Region (2020-2031)
Figure 20. Production Capacity Enablers & Constraints
Figure 21. Loop Heat Pipes Production Growth Rate in North America (2020-2031) & (Units)
Figure 22. Loop Heat Pipes Production Growth Rate in Europe (2020-2031) & (Units)
Figure 23. Loop Heat Pipes Production Growth Rate in China (2020-2031) & (Units)
Figure 24. Loop Heat Pipes Production Growth Rate in Japan (2020-2031) & (Units)
Figure 25. Loop Heat Pipes Production Growth Rate in South Korea (2020-2031) & (Units)
Figure 26. Loop Heat Pipes Production Growth Rate in Taiwan (2020-2031) & (Units)
Figure 27. Top 5 and Top 10 Manufacturers Loop Heat Pipes Sales Volume Market Share in 2024
Figure 28. Global Loop Heat Pipes Revenue Market Share Ranking (2024)
Figure 29. Tier Distribution by Revenue Contribution (2020 VS 2024)
Figure 30. Cylindrical Evaporator Revenue Market Share by Manufacturer in 2024
Figure 31. Flat Plate Evaporator Revenue Market Share by Manufacturer in 2024
Figure 32. Type Eight Revenue Market Share by Manufacturer in 2024
Figure 33. Type Nine Revenue Market Share by Manufacturer in 2024
Figure 34. Global Loop Heat Pipes Sales Market Share by Type (2020-2031)
Figure 35. Global Loop Heat Pipes Revenue Market Share by Type (2020-2031)
Figure 36. Global Loop Heat Pipes Sales Market Share by Application (2020-2031)
Figure 37. Global Loop Heat Pipes Revenue Market Share by Application (2020-2031)
Figure 38. North America Loop Heat Pipes Sales YoY (2020-2031) & (Units)
Figure 39. North America Loop Heat Pipes Revenue YoY (2020-2031) & (US$ Million)
Figure 40. North America Top 5 Manufacturers Loop Heat Pipes Sales Revenue (US$ Million) in 2024
Figure 41. North America Loop Heat Pipes Sales Volume (Units) by Type (2020- 2031)
Figure 42. North America Loop Heat Pipes Sales Revenue (US$ Million) by Type (2020 - 2031)
Figure 43. North America Loop Heat Pipes Sales Volume (Units) by Application (2020-2031)
Figure 44. North America Loop Heat Pipes Sales Revenue (US$ Million) by Application (2020-2031)
Figure 45. US Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 46. Canada Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 47. Mexico Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 48. Europe Loop Heat Pipes Sales YoY (2020-2031) & (Units)
Figure 49. Europe Loop Heat Pipes Revenue YoY (2020-2031) & (US$ Million)
Figure 50. Europe Top 5 Manufacturers Loop Heat Pipes Sales Revenue (US$ Million) in 2024
Figure 51. Europe Loop Heat Pipes Sales Volume (Units) by Type (2020-2031)
Figure 52. Europe Loop Heat Pipes Sales Revenue (US$ Million) by Type (2020-2031)
Figure 53. Europe Loop Heat Pipes Sales Volume (Units) by Application (2020-2031)
Figure 54. Europe Loop Heat Pipes Sales Revenue (US$ Million) by Application (2020-2031)
Figure 55. Germany Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 56. France Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 57. U.K. Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 58. Italy Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 59. Russia Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 60. Asia-Pacific Loop Heat Pipes Sales YoY (2020-2031) & (Units)
Figure 61. Asia-Pacific Loop Heat Pipes Revenue YoY (2020-2031) & (US$ Million)
Figure 62. Asia-Pacific Top 8 Manufacturers Loop Heat Pipes Sales Revenue (US$ Million) in 2024
Figure 63. Asia-Pacific Loop Heat Pipes Sales Volume (Units) by Type (2020- 2031)
Figure 64. Asia-Pacific Loop Heat Pipes Sales Revenue (US$ Million) by Type (2020- 2031)
Figure 65. Asia-Pacific Loop Heat Pipes Sales Volume (Units) by Application (2020-2031)
Figure 66. Asia-Pacific Loop Heat Pipes Sales Revenue (US$ Million) by Application (2020-2031)
Figure 67. Indonesia Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 68. Japan Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 69. South Korea Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 70. China Taiwan Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 71. India Loop Heat Pipes Revenue (2020-2031) & (US$ Million)
Figure 72. Central and South America Loop Heat Pipes Sales YoY (2020-2031) & (Units)
Figure 73. Central and South America Loop Heat Pipes Revenue YoY (2020-2031) & (US$ Million)
Figure 74. Central and South America Top 5 Manufacturers Loop Heat Pipes Sales Revenue (US$ Million) in 2024
Figure 75. Central and South America Loop Heat Pipes Sales Volume (Units) by Type (2021-2031)
Figure 76. Central and South America Loop Heat Pipes Sales Revenue (US$ Million) by Type (2020-2031)
Figure 77. Central and South America Loop Heat Pipes Sales Volume (Units) by Application (2020-2031)
Figure 78. Central and South America Loop Heat Pipes Sales Revenue (US$ Million) by Application (2020-2031)
Figure 79. Brazil Loop Heat Pipes Revenue (2020-2025) & (US$ Million)
Figure 80. Argentina Loop Heat Pipes Revenue (2020-2025) & (US$ Million)
Figure 81. Middle East, and Africa Loop Heat Pipes Sales YoY (2020-2031) & (Units)
Figure 82. Middle East and Africa Loop Heat Pipes Revenue YoY (2020-2031) & (US$ Million)
Figure 83. Middle East and Africa Top 5 Manufacturers Loop Heat Pipes Sales Revenue (US$ Million) in 2024
Figure 84. Middle East and Africa Loop Heat Pipes Sales Volume (Units) by Type (2021-2031)
Figure 85. South America Loop Heat Pipes Sales Revenue (US$ Million) by Type (2020-2031)
Figure 86. Middle East and Africa Loop Heat Pipes Sales Volume (Units) by Application (2020-2031)
Figure 87. Middle East and Africa Loop Heat Pipes Sales Revenue (US$ Million) by Application (2020-2031)
Figure 88. GCC Countries Loop Heat Pipes Revenue (2020-2025) & (US$ Million)
Figure 89. Turkey Loop Heat Pipes Revenue (2020-2025) & (US$ Million)
Figure 90. Egypt Loop Heat Pipes Revenue (2020-2025) & (US$ Million)
Figure 91. South Africa Loop Heat Pipes Revenue (2020-2025) & (US$ Million)
Figure 92. Loop Heat Pipes Industry Chain Mapping
Figure 93. Regional Loop Heat Pipes Manufacturing Base Distribution (%)
Figure 94. Loop Heat Pipes Production Process
Figure 95. Regional Loop Heat Pipes Production Cost Structure
Figure 96. Channels of Distribution (Direct Vs Distribution)
Figure 97. Bottom-up and Top-down Approaches for This Report
Figure 98. Data Triangulation
Figure 99. Key Executives InterviewedDescription
The global Loop Heat Pipes market is projected to grow from US$ 29.8 million in 2024 to US$ 42 million by 2031, at a CAGR of 5.1% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
A loop heat pipe (LHP) is a two-phase heat transfer device that uses capillary action to remove heat from a source and passively move it to a condenser or radiator.
The core manufacturers of Loop Heat Pipes worldwide include Boyd Corporation, Mott Corporation and Fujikura. The top three companies have a market share of about 47%. North America is the world's largest market for Loop Heat Pipes with a market share of about 38%, followed by Europe and China with a market share of 31% and 18%, respectively. In terms of product type, Cylindrical Evaporator is the largest segment with approximately 72% market share. In terms of applications, Aerospace is the largest downstream segment, accounting for about 65% of the market.
Report Includes:
This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Loop Heat Pipes market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation
Chapter Outline
Chapter 1: Defines the Loop Heat Pipes study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 15: Actionable conclusions and strategic recommendations.
Why This Report:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
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