Heat Sink Market: Global Industry Forecast (2022-2027) by Type, Application, and Region

Heat Sink Market size was valued at US$ 6.16 Bn. in 2021 and the total Heat Sink revenue is expected to grow at 7.5 % through 2022 to 2027, reaching nearly US$ 9.50 Bn.

Heat Sink Market Overview:

A heat sink is a component designed or installed in circuits to drain excess heat created by electronic components or chips during operation. It is generally used for thermal control in order to prevent a device from unexpected failure, hence increasing its efficiency and reliability. The heat sink follows Fourier's law of heat transmission. When the temperature across the device rises, it works to dissipate it by dispersing it through lower temperature zones around it. The heat sink functions as a heat exchanger, using the conduction and convection concepts. The most efficient heat sinks are made of metals with high thermal conductivity such as copper and aluminum. However, owing to its cheaper cost aluminum is more typically used for the manufacturing of Heat sinks. Heat Sink Market To know about the Research Methodology :- Request Free Sample Report In this report, the Heat Sink market's growth reasons, as well as the market's many segments (Type, Application, and Region), are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the Heat Sink market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the global Heat Sink market situation.

Heat Sink Market Dynamics:

Heat sinks are used in computers to cool central processing units or graphics processors. Heat sinks are utilized with high-power semiconductor devices such as power transistors and optoelectronics such as lasers and light-emitting diodes (LEDs) when the component's own heat dissipation capability is insufficient to keep the temperature under control. Heat Sinks are expected to be in high demand in North America, Europe, and Asia in the next years. The latest trend in designing electronics systems is to increase the functionality into smaller form factors. Demand for electronics and power devices is growing across a variety of end industries; for example, the upcoming 5G implementation is expected to support a large influx of data and connectivity requirements for industries such as autonomous vehicles, smart cities, robotics, augmented reality, virtual reality, and manufacturing automation. Because of the increased use of artificial intelligence and the Internet of Things (IoT), which integrate smart functionality and connectivity across most industries, the number of cloud data center deployments is rapidly expanding. As a result, the power dissipation of most Integrated Circuit devices continues to rise, fueling the demand for more effective heat sinks and optimized designs. The drawback associated with the Heat sinks is expected to hamper the growth of the market. A large heatsink will take up a lot of room within a computer case. This can make installing additional elements more challenging, especially if the motherboard is compact. Based on the scale and design of the board, the heatsink may potentially render access to certain of the motherboard's ports and connections difficult. A large heatsink may also be exceedingly noisy, resulting in a computer that sounds blaring when in use. While this may not bother some computer users, it may be rather annoying when utilized in a setting where others watch television or prefer silence.

Heat Sink Market Segment Analysis:

By Type, the Aluminum heat sink segment is the most often used heat sink. Extruded aluminum heat sinks, in particular, meet the requirements of the majority of projects. The metal is light in weight and has a high thermal conductivity. Copper has become even more thermal conductivity than aluminum. The disadvantages include its weight and cost. The metal is occasionally used when thermal conductivity is more important than weight savings. A combination of Copper Aluminium Heat Sink is often used in applications that need the use of large heat sinks. One of the advantages of this is that the base and fin materials can be different. In addition, instead of using only one fin material, a mix of aluminum and copper fins can be used. This enables users to boost thermal performance while adding very little weight. Bonded-fin heat sinks usually provide moderate performance at a high cost. Heat Sink MarketBy Application, the Automobile Industry segment is expected to grow at the highest rate during the forecast period. Heat sinks are extensively used in the automotive industry, based on the requirement of thermal performance and price point. For example, an EV's thermal management covers the battery, transmission system, engine cooling, and waste heat recovery. For electric vehicles, the battery is one of the primary heat sources, and technologies such as friction stir welding and cold plate are ideal for addressing heat concerns.

Heat Sink Market Regional Insights:

In the Asia Pacific, Heat Sink Market is expected to have a significant share throughout the forecast period owing to the rise of the consumer electronics sector in the area. The region's increased car production increases the need for heat sinks. The expansion of semiconductor manufacturing businesses in China and South Korea is boosting the Asia Pacific thermal management market. In North America and Europe, the market is also expected to grow at a rapid rate. For the last few years, there has been a huge increase in demand for servers and data centers. These include a variety of devices that require a greater number of heat sinks to regulate thermal activities in order for devices to operate smoothly and continuously. The objective of the report is to present a comprehensive analysis of the Heat Sink market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Heat Sink market dynamics, and structure by analyzing the market segments and projecting the Heat Sink market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Heat Sink market make the report investor’s guide.

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Global Heat Sink Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 6.16  Bn.
Forecast Period 2022 to 2027 CAGR: 7.5 % Market Size in 2027: US $ 9.50  Bn.
Segments Covered: by Type • Aluminium Heat Sink • Copper Heat Sink • Combination of Copper Aluminium Heat Sink
by Application • Automobile Industry • Electronic Industry • Others

Heat Sink Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Heat Sink Market Key Players

• Alpha • Molex • TE Connectivity • Delta • Mecc.Al • Ohmite • Aavid Thermalloy • Sunon • Advanced Thermal Solutions • DAU • Apex Microtechnology • Radian • CUI • T-Global Technology • Maklites • Zhuzhou Jiabang Refractory Metal Co., Ltd. • Guangxi Chentian Metal Products Co., Ltd • Hoso Metal Co., Ltd. • Tool Tech • Dhruti Electricals & Electronics • Saral Industries • Minit Overseas Pvt. Ltd. • Himalay Engineering Co. • Kunta International Ltd • Verdict Electronic Pvt. Ltd • Aavid Thermalloy India Pvt. Ltd. • Agrahan Engineers Pvt Ltd. • Bhargavi Technologies Pvt. Ltd. • Bhoomi Modular Systems Pvt. Ltd. • Capri Cables Pvt. Ltd. • Gadiya Industries Pvt. Ltd. FAQs: 1. Which is the potential market for the Heat Sink in terms of the region? Ans. In the APAC region, the rise of the consumer electronics sector is expected to drive the use of collaborative screens. 2. What is expected to drive the growth of the Heat Sink market in the forecast period? Ans. increased use of artificial intelligence and the Internet of Things (IoT), which integrate smart functionality and connectivity across most industries, the number of cloud data center deployments are the driving factors for the growth of the Heat Sink market in the forecast period. 3. What is the projected market size & growth rate of the Heat Sink Market? Ans. The heat Sink Market size was valued at US$ 6.16 Bn. in 2021 and the total Heat Sink revenue is expected to grow at 7.5 % through 2022 to 2027, reaching nearly US$ 9.50 Bn. 4. What segments are covered in the Heat Sink Market report? Ans. The segments covered are Type, Application, and Region.
1. Global Heat Sinks Market: Research Methodology 2. Global Heat Sinks Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Global Heat Sinks Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Heat Sinks Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Heat Sinks Market Segmentation 4.1. Global Heat Sinks Market, by Type (2022-2027) • Aluminium Heat Sink • Copper Heat Sink • Combination of Copper Aluminium Heat Sink 4.2. Global Heat Sinks Market, by Application (2022-2027) • Automobile Industry • Electronic Industry • Others 5. North America Heat Sinks Market(2022-2027) 5.1 North American Heat Sinks Market, By Type (2022-2027) • Aluminium Heat Sink • Copper Heat Sink • Combination of Copper Aluminium Heat Sink 5.2 North America Heat Sinks Market, By Application (2022-2027) • Automobile Industry • Electronic Industry • Others 5.3 North America Heat Sinks Market, by Country (2022-2027) • United States • Canada • Mexico 6. European Heat Sinks Market (2022-2027) 6.1. European Heat Sinks Market, By Type (2022-2027) 6.2. European Heat Sinks Market, By Application (2022-2027) 6.3 European Heat Sinks Market, by Country (2022-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Heat Sinks Market (2022-2027) 7.1. Asia Pacific Heat Sinks Market, By Type (2022-2027) 7.2. Asia Pacific Heat Sinks Market, By Application (2022-2027) 7.3. Asia Pacific Heat Sinks Market, by Country (2022-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Heat Sinks Market (2022-2027) 8.1. Middle East and Africa Heat Sinks Market, By Type (2022-2027) 8.2. Middle East and Africa Heat Sinks Market, By Application (2022-2027) 8.3. Middle East and Africa Heat Sinks Market, by Country (2022-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Heat Sinks Market (2022-2027) 9.1. South America Heat Sinks Market, By Type (2022-2027) 9.2. South America Heat Sinks Market, By Application (2022-2027) 9.3 South America Heat Sinks Market, by Country (2022-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Alpha 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Molex 10.3 TE Connectivity 10.4 Delta 10.5 Mecc.Al 10.6 Ohmite 10.7 Aavid Thermalloy 10.8 Sunon 10.9 Advanced Thermal Solutions 10.10 DAU 10.11 Apex Microtechnology 10.12 Radian 10.13 CUI 10.14 T-Global Technology 10.15 Maklites 10.16 Zhuzhou Jiabang Refractory Metal Co., Ltd. 10.17 Guangxi Chentian Metal Products Co., Ltd 10.18 Hoso Metal Co., Ltd. 10.19 Tool Tech 10.20 Dhruti Electricals & Electronics 10.21 Saral Industries 10.22 Minit Overseas Pvt. Ltd. 10.23 Himalay Engineering Co. 10.24 Kunta International Ltd 10.25 Verdict Electronic Pvt. Ltd 10.26 Aavid Thermalloy India Pvt. Ltd. 10.27 Agrahan Engineers Pvt Ltd. 10.28 Bhargavi Technologies Pvt. Ltd. 10.29 Bhoomi Modular Systems Pvt. Ltd. 10.30 Capri Cables Pvt. Ltd. 10.31 Gadiya Industries Pvt. Ltd.

About This Report

Report ID 11450
Category Electronics
Published Date Aug 2019
Updated Date April 2022
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