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Global Heat Sinks Market Analysis, Size, Outlook, Report: By Product Type: Copper Heat Sink, Aluminium Heat Sink, Copper Aluminium Heat Sink; By Industry Vertical: Automobile, Electronic; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Heat Sinks Market Growth

A heat sink refers to an electronic device thermally conductive in nature, which draws up and disseminates heat, away from a high temperature system. Heat sinks are usually made up of metals such as aluminium or copper, which are used to cool down internal systems of several industrial components like refrigerators, CPU, and transistors, among others.

 

Some of the key drivers bolstering the heat sinks market development include the increasing demand for heat sinks due to the expansion of semiconductor manufacturing businesses in regions like China and South Korea, the rising car production globally leading to a higher need for heat sinks, and the growing demand for servers and data centres.

 

Additionally, the trend towards designing electronics systems with increased functionality in smaller form factors is boosting the demand for heat sinks, especially with the upcoming implementation of technologies like 5G, which will require efficient thermal management solutions to support industries like smart cities, robotics, and manufacturing automation.

 

Heat Sinks Market Report Snapshots

Heat Sinks Market Size

Heat Sinks Market Growth

Heat Sinks Market Trends

Heat Sinks Market Share

Heat Sinks Manufacturers

Heat Sinks Market Regional Analysis

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Heat Sinks Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Heat Sinks Historical Market (2018-2023) 
    8.3    Global Heat Sinks Market Forecast (2024-2032)
    8.4    Global Heat Sinks Market by Product Type
        8.4.1    Copper Heat Sink
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Aluminium Heat Sink
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Copper Aluminium Heat Sink
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Heat Sinks Market by Industry Vertical
        8.5.1    Automobile
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Electronic
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)    
    8.6    Global Heat Sinks Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Heat Sinks Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Heat Sinks Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Heat Sinks Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Heat Sinks Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Heat Sinks Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Sunonwealth Electric Machine Industry Co. Ltd.
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Advanced Thermal Solutions, Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Aavid Thermalloy, LLC
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Apex Microtechnology
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    CUI Inc.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Comair Rotron
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Heat Sinks Market: Key Industry Highlights, 2018 and 2032
2.    Global Heat Sinks Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.    Global Heat Sinks Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.    Global Heat Sinks Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2023
5.    Global Heat Sinks Market Forecast: Breakup by Industry Vertical (USD Billion), 2024-2032
6.    Global Heat Sinks Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Heat Sinks Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Heat Sinks Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Heat Sinks Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Heat Sinks Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Heat Sinks Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Heat Sinks Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Heat Sinks Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Heat Sinks Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Heat Sinks Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Heat Sinks Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Heat Sinks Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Heat Sinks Market Structure

Key Questions Answered in the Report

In 2023, the heat sinks market reached an approximate value of USD 7.37 billion.

The market is expected to grow at a CAGR of 6.50% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 12.99 billion by 2032.

The major drivers of the market include the increasing applications of heat sinks in high-power semiconductors, rising sales of automobiles, and increasing demand for consumer electronics.

Key trends aiding market expansion include the growing popularity of electric vehicles, enhancements in thermal management systems of various electronics, and growing research and development activities to enhance the efficiency of heat sinks.

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Copper heat sink, aluminium heat sink, and copper aluminium heat sink are the different product types in the market.

Automobile and electronic are the significant industry verticals in the market.

The major components of heat sink include metal such as aluminium or copper, fan, and conductive thick plate, among others.

Key players in the market are Sunonwealth Electric Machine Industry Co. Ltd., Advanced Thermal Solutions, Inc., Aavid Thermalloy, LLC, Apex Microtechnology, CUI Inc., and Comair Rotron, among others.

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