Report Code: A09653 | Pages: NA | Mar 2023 | 2772 Views | ||
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Request Now !The global heat sink market size is experiencing a significant growth and is expected to grow considerably in the next few years. Each electronic and electrical part in a circuit produces some measure of heat while a circuit is executed by giving power supply. Commonly high-power semiconducting gadgets such as opto electronics and power transistors, such as light-emitting diodes, and lasers produce heat in significant amounts and these components are insufficient to dissipate heat, as their dissipation capacity is low. Hence, heating up of parts leads to early failure of the whole circuit. Due to these aspects, heat sinks are used for cooling purposes.
The global heat sink market is segmented into type, application, industry vertical, and region. Based on type, the market is further segmented into copper heat sink , aluminum heat sink, and copper aluminum heat sink. Based on industry vertical, the market is bifurcated further into Automobile, Electronic and others. Geographically, the global market is divided across North America (US, Canada, and Mexico ), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia and the Rest of Asia Pacific), and LAMEA (Latin America, Middle East and Africa).
Key players of the heat sink market analyzed in the research include Sunonwealth Electric Machine Industry Co., Ltd., Advanced Thermal Solutions, Inc., American Technical Ceramics Corp. and Wakefield-Vette, Inc., Aavid Thermalloy, LLC., Apex Microtechnology, Comair Rotron, CUI Inc, T-Global Technology Co., Ltd, Molex Incorporated. They have adopted various strategies including new product launches, collaborations, partnerships, mergers & acquisitions, joint ventures, agreements, and others to gain a stronghold and international presence across the world.
Development of the heat sink market share leads to increase in demand for optoelectronic products and high-power semiconducting devices. Rise in adoption of heatsink to maintain thermal stability and boost product performance leads to surge in product demand and also drives the the heat sink market growth globally. However, factors such as high cost hinder the heat sink device the growth.
Usual applications of heat sinks are in electronic industry and automobile industry. Heat sinks are used to cool graphics processors and central processing units in computers. Similarly, optoelectronic and high-power semiconductor devices use heat sinks to disparate heating capacity of a component to moderate its temperature through itself. Usually, light-emitting diodes (LEDs) and power transistors probably use heat sinks.
COVID-19 scenario Analysis:Â
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2019–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value (USD) |
 Segments covered |  Type, Industry Vertical, and Region |
 Regions covered | North America (US, Canada, and Mexico ), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia and the Rest of Asia Pacific), and LAMEA (Latin America, Middle East and Africa) |
 Companies covered | Major players analyzed include Sunonwealth Electric Machine Industry Co., Ltd., Advanced Thermal Solutions, Inc., American Technical Ceramics Corp. and Wakefield-Vette, Inc., Aavid Thermalloy, LLC., Apex Microtechnology, Comair Rotron, CUI Inc, T-Global Technology Co., Ltd, Molex Incorporated. |
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Questions answered in the Heat Sink Market research report:
Heat Sink Market Report Highlights
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Key Market Players | Sunonwealth Electric Machine Industry Co., Ltd., Advanced Thermal Solutions, Inc., American Technical Ceramics Corp., Wakefield-Vette, Inc., Aavid Thermalloy, LLC., Apex Microtechnology, Comair Rotron, CUI Inc, T-Global Technology Co., Ltd, Molex Incorporated. |
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