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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 Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
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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