Market Overview:
The global heat sinks and cooling fins market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for heat sinks and cooling fins in the automotive industry, electronic industry, and other applications. In terms of type, the aluminum heat sink segment is expected to lead the global market during the forecast period. This can be attributed to its properties such as high thermal conductivity, light weight, corrosion resistance, and low cost. In terms of application, the automotive industry segment is expected to lead the global market duringthe forecast period owingtoits growing demand for electric vehicles (EVs).
Product Definition:
heat sinks and cooling fins are devices used to cool electronic components by conducting heat away from them. this is done by exposing a large surface area of the device to the air, which allows for more efficient heat dissipation. heat sinks and cooling fins are often used in conjunction with fans to create an airflow over the component, which accelerates the rate of cooling.
Aluminum Heat Sink:
Aluminum heat sink is a device that absorbs the excess heat from a electronic device and dissipates it to the surrounding environment. It plays an important role in cooling as well as heating applications. The global market for aluminum heat sinks and cooling fins was estimated at USD 1,250 million in 2016 which is anticipated to grow at CAGR of XX% over the forecast period.
Copper Heat Sink:
Copper heat sink is a device that absorbs the excess heat from a electronic device and dissipates the same through out its surface by convection or radiation. It has applications in almost all areas of electronics where thermal management is important.
The major factor that propels market growth includes increasing demand for miniaturization of electronic devices, which results in high power density requirements for such devices; this further leads to increased usage of copper heat sinks as they are small sized.
Application Insights:
Automobile industry was the largest application segment and accounted for a revenue share of more than 40% in 2017. The rising demand for vehicles owing to growing middle-class population, coupled with increasing disposable income, is expected to drive the market over the forecast period.
The electronic industry also held significant market share in terms of volume and is projected to witness substantial growth over the forecast period due to high product demand from various end-use industries such as telecommunication, data storage devices and semiconductors among others. Heat sinks are used as cooling devices in laptops, mobile phones among other electronic products which require low thermal resistance properties.
Heat sinks are widely used across several industrial applications including data centers where they are utilized for heat dissipation from computer components such as processors along with their fans & graphics cards etc., They find application across several other end-use industries such as food & beverage processing equipment where they are utilized for heat management within refrigeration systems or air conditioning units etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major automobile manufacturers, such as Ford and General Motors. The region is expected to witness moderate growth over the forecast period due to increasing demand for passenger cars and light commercial vehicles.
The Asia Pacific regional market is anticipated to grow at a significant rate over the forecast period owing to rapid industrialization, which has led to an increase in manufacturing activities across various industries including automotive, electronics & electrical equipment, construction industry etc. In addition, rising disposable income levels are also expected drive regional product demand in near future.
Europe accounted for a considerable share of revenue generated by heat sinks and cooling fins across all regions with high concentration of technology companies such as IBM Corporation; Google LLC; Microsoft Corporation; Cisco Systems Inc.; Samsung Electronics Co., Ltd.; Sony Corporation; LG Electronics Inc.; Panasonic Corporation etc.
Growth Factors:
- Increasing demand for consumer electronics and data centers
- Growing awareness about the benefits of using heat sinks and cooling fins
- Rising demand for miniaturized devices with better performance-to-weight ratios
- Proliferation of new materials and manufacturing technologies that can improve heat sink and cooling fin performance
- Growing popularity of thermal management solutions among Original Equipment Manufacturers (OEMs)
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Sinks and Cooling Fins Market Research Report
By Type
Aluminum Heat Sink, Copper Heat Sink, Copper Aluminum Heat Sink
By Application
Automobile Industry, Electronic Industry, Others
By Companies
GE, Molex, TE Connectivity, Delta, Laird, Ohmite, Aavid Thermalloy, Sunon, Advanced Thermal Solutions, American Technical Ceramics, GE, Comair Rotron, CUI, T-Global Technology, Wakefied-Vette
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Heat Sinks and Cooling Fins Market Report Segments:
The global Heat Sinks and Cooling Fins market is segmented on the basis of:
Types
Aluminum Heat Sink, Copper Heat Sink, Copper Aluminum Heat Sink
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile Industry, Electronic Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE
- Molex
- TE Connectivity
- Delta
- Laird
- Ohmite
- Aavid Thermalloy
- Sunon
- Advanced Thermal Solutions
- American Technical Ceramics
- GE
- Comair Rotron
- CUI
- T-Global Technology
- Wakefied-Vette
Highlights of The Heat Sinks and Cooling Fins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Aluminum Heat Sink
- Copper Heat Sink
- Copper Aluminum Heat Sink
- By Application:
- Automobile Industry
- Electronic Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Heat Sinks and Cooling Fins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Heat sinks and cooling fins are devices used to dissipate heat from electronic equipment. Heat sinks are made of metal or other materials that can absorb and dissipate heat. Cooling fins help the device cool more quickly by increasing its surface area to air contact.
Some of the major players in the heat sinks and cooling fins market are GE, Molex, TE Connectivity, Delta, Laird, Ohmite, Aavid Thermalloy, Sunon, Advanced Thermal Solutions, American Technical Ceramics, GE, Comair Rotron, CUI, T-Global Technology, Wakefied-Vette.
The heat sinks and cooling fins market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Sinks and Cooling Fins Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Heat Sinks and Cooling Fins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Sinks and Cooling Fins Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Heat Sinks and Cooling Fins Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Heat Sinks and Cooling Fins Market Size & Forecast, 2018-2028
4.5.1 Heat Sinks and Cooling Fins Market Size and Y-o-Y Growth
4.5.2 Heat Sinks and Cooling Fins Market Absolute $ Opportunity
Chapter 5 Global Heat Sinks and Cooling Fins Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Heat Sinks and Cooling Fins Market Size Forecast by Type
5.2.1 Aluminum Heat Sink
5.2.2 Copper Heat Sink
5.2.3 Copper Aluminum Heat Sink
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heat Sinks and Cooling Fins Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Heat Sinks and Cooling Fins Market Size Forecast by Applications
6.2.1 Automobile Industry
6.2.2 Electronic Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Sinks and Cooling Fins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Heat Sinks and Cooling Fins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Heat Sinks and Cooling Fins Analysis and Forecast
9.1 Introduction
9.2 North America Heat Sinks and Cooling Fins Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Heat Sinks and Cooling Fins Market Size Forecast by Type
9.6.1 Aluminum Heat Sink
9.6.2 Copper Heat Sink
9.6.3 Copper Aluminum Heat Sink
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Heat Sinks and Cooling Fins Market Size Forecast by Applications
9.10.1 Automobile Industry
9.10.2 Electronic Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Heat Sinks and Cooling Fins Analysis and Forecast
10.1 Introduction
10.2 Europe Heat Sinks and Cooling Fins Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Heat Sinks and Cooling Fins Market Size Forecast by Type
10.6.1 Aluminum Heat Sink
10.6.2 Copper Heat Sink
10.6.3 Copper Aluminum Heat Sink
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Heat Sinks and Cooling Fins Market Size Forecast by Applications
10.10.1 Automobile Industry
10.10.2 Electronic Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Heat Sinks and Cooling Fins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heat Sinks and Cooling Fins Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Heat Sinks and Cooling Fins Market Size Forecast by Type
11.6.1 Aluminum Heat Sink
11.6.2 Copper Heat Sink
11.6.3 Copper Aluminum Heat Sink
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Heat Sinks and Cooling Fins Market Size Forecast by Applications
11.10.1 Automobile Industry
11.10.2 Electronic Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Heat Sinks and Cooling Fins Analysis and Forecast
12.1 Introduction
12.2 Latin America Heat Sinks and Cooling Fins Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Heat Sinks and Cooling Fins Market Size Forecast by Type
12.6.1 Aluminum Heat Sink
12.6.2 Copper Heat Sink
12.6.3 Copper Aluminum Heat Sink
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Heat Sinks and Cooling Fins Market Size Forecast by Applications
12.10.1 Automobile Industry
12.10.2 Electronic Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Heat Sinks and Cooling Fins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heat Sinks and Cooling Fins Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Heat Sinks and Cooling Fins Market Size Forecast by Type
13.6.1 Aluminum Heat Sink
13.6.2 Copper Heat Sink
13.6.3 Copper Aluminum Heat Sink
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Heat Sinks and Cooling Fins Market Size Forecast by Applications
13.10.1 Automobile Industry
13.10.2 Electronic Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Heat Sinks and Cooling Fins Market: Competitive Dashboard
14.2 Global Heat Sinks and Cooling Fins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Molex
14.3.3 TE Connectivity
14.3.4 Delta
14.3.5 Laird
14.3.6 Ohmite
14.3.7 Aavid Thermalloy
14.3.8 Sunon
14.3.9 Advanced Thermal Solutions
14.3.10 American Technical Ceramics
14.3.11 GE
14.3.12 Comair Rotron
14.3.13 CUI
14.3.14 T-Global Technology
14.3.15 Wakefied-Vette
