Market Overview:
The global heat sinks market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for heat sinks in various applications, such as the automobile industry, electronic industry, and others. In terms of type, copper-aluminum heat sinks are expected to witness high growth during the forecast period owing to their superior thermal performance as compared to other types of heat sinks. In terms of region, Asia Pacific is expected to lead the global market due to rising demand from countries such as China and India.
Product Definition:
A heat sink is a component that helps remove heat from a device. It does this by dissipating the heat into the surrounding air. This can be done through conduction or radiation. Heat sinks are often used in electronic devices, such as CPUs, to keep them from overheating.
Aluminum Heat Sink:
Aluminum heat sink is a device that absorbs the excess heat from a microelectronic device and dissipates it to the surrounding environment. It plays an important role in most of the modern day electronic devices, ranging from smartphones to supercomputers. The global market for aluminum heat sinks is expected to witness significant growth over the forecast period owing to its increasing usage in semiconductors, IT equipment & automobiles along with space exploration applications across various industries including aerospace & defense and automotive.
Copper Heat Sink:
Copper heat sink is a device that absorbs the excess heat from a electronic component and dissipates the same amount of heat to the surrounding air. It plays an important role in dissipating waste energy from electrical devices.
The working principle of copper heat sink is based on thermal radiation and convection, as both these methods are effective in removing excess heat from a device.
Application Insights:
Automotive application segment accounted for the largest share of over 30.0% in 2017. The automotive industry is one of the major consumers of heat sinks owing to its high requirement in terms of thermal management. Increasing demand for lightweight vehicles with improved performance and fuel efficiency is expected to drive the product demand over the forecast period.
Heat sinks are used in electronic devices and other industries as well, such as power generation, data processing centers among others.
The electronics industry was valued at USD 1,252 million in 2015 according to SMTA (Semiconductor Manufacturers Association).
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising demand from end-users, such as automotive, electronics and others. In addition, increasing investments by governments in developing countries are anticipated to boost market growth during the forecast period.
For instance, China has undertaken various initiatives such as “Made in China†initiative which aims at promoting its manufacturing sector globally by encouraging domestic manufacturers to export their products worldwide thereby creating opportunities for industry participants over the next eight years (2016 - 2021).
Moreover heat sinks manufactured using copper have witnessed a significant increase due to growing demand from electronic industry owing to better performance than aluminum counterparts thus making it an attractive product for industrial applications including automobile cooling systems among others.
Growth Factors:
- Increasing demand for thermal management in electronics industry
- Growing adoption of heat sinks in LED lighting
- Rising demand for miniaturized heat sinks
- Increasing use of heat sinks in automotive sector
- Growing popularity of green technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Sinks Market Research Report
By Type
Aluminum Heat Sink, Copper Heat Sink, Copper Aluminum Heat Sink
By Application
Automobile Industry, Electronic Industry, Others
By Companies
Alpha, Molex, TE Connectivity, Delta, Mecc.Al, Ohmite, Aavid Thermalloy, Sunon, Advanced Thermal Solutions, DAU, Apex Microtechnology, Radian, 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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Heat Sinks Market Report Segments:
The global Heat Sinks 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:
- Alpha
- Molex
- TE Connectivity
- Delta
- Mecc.Al
- Ohmite
- Aavid Thermalloy
- Sunon
- Advanced Thermal Solutions
- DAU
- Apex Microtechnology
- Radian
- CUI
- T-Global Technology
- Wakefied-Vette
Highlights of The Heat Sinks 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 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A heat sink is a component that absorbs and dissipates heat. Heat sinks are used in electronic equipment to reduce the amount of heat generated by the device.
Some of the major companies in the heat sinks market are Alpha, Molex, TE Connectivity, Delta, Mecc.Al, Ohmite, Aavid Thermalloy, Sunon, Advanced Thermal Solutions, DAU, Apex Microtechnology, Radian, CUI, T-Global Technology, Wakefied-Vette.
The heat sinks market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heat Sinks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heat Sinks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heat Sinks Market - Supply Chain
4.5. Global Heat Sinks Market Forecast
4.5.1. Heat Sinks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heat Sinks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heat Sinks Market Absolute $ Opportunity
5. Global Heat Sinks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heat Sinks Market Size and Volume Forecast by Type
5.3.1. Aluminum Heat Sink
5.3.2. Copper Heat Sink
5.3.3. Copper Aluminum Heat Sink
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heat Sinks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heat Sinks Market Size and Volume Forecast by Application
6.3.1. Automobile Industry
6.3.2. Electronic Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heat Sinks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heat Sinks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heat Sinks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heat Sinks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heat Sinks Demand Share Forecast, 2019-2029
9. North America Heat Sinks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heat Sinks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heat Sinks Market Size and Volume Forecast by Application
9.4.1. Automobile Industry
9.4.2. Electronic Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heat Sinks Market Size and Volume Forecast by Type
9.7.1. Aluminum Heat Sink
9.7.2. Copper Heat Sink
9.7.3. Copper Aluminum Heat Sink
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heat Sinks Demand Share Forecast, 2019-2029
10. Latin America Heat Sinks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heat Sinks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heat Sinks Market Size and Volume Forecast by Application
10.4.1. Automobile Industry
10.4.2. Electronic Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heat Sinks Market Size and Volume Forecast by Type
10.7.1. Aluminum Heat Sink
10.7.2. Copper Heat Sink
10.7.3. Copper Aluminum Heat Sink
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heat Sinks Demand Share Forecast, 2019-2029
11. Europe Heat Sinks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heat Sinks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heat Sinks Market Size and Volume Forecast by Application
11.4.1. Automobile Industry
11.4.2. Electronic Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heat Sinks Market Size and Volume Forecast by Type
11.7.1. Aluminum Heat Sink
11.7.2. Copper Heat Sink
11.7.3. Copper Aluminum Heat Sink
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenes/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heat Sinks Demand Share, 2019-2029
12. Asia Pacific Heat Sinks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heat Sinks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heat Sinks Market Size and Volume Forecast by Application
12.4.1. Automobile Industry
12.4.2. Electronic Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heat Sinks Market Size and Volume Forecast by Type
12.7.1. Aluminum Heat Sink
12.7.2. Copper Heat Sink
12.7.3. Copper Aluminum Heat Sink
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heat Sinks Demand Share, 2019-2029
13. Middle East & Africa Heat Sinks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heat Sinks Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heat Sinks Market Size and Volume Forecast by Application
13.4.1. Automobile Industry
13.4.2. Electronic Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heat Sinks Market Size and Volume Forecast by Type
13.7.1. Aluminum Heat Sink
13.7.2. Copper Heat Sink
13.7.3. Copper Aluminum Heat Sink
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heat Sinks Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Heat Sinks Market: Market Share Analysis
14.2. Heat Sinks Distributors and Customers
14.3. Heat Sinks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alpha
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Molex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TE Connectivity
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Delta
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mecc.Al
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ohmite
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aavid Thermalloy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sunon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Advanced Thermal Solutions
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. DAU
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Apex Microtechnology
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Radian
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CUI
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. T-Global Technology
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Wakefied-Vette
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
