0

Global Pin Fin Heat Sink for IGBT Market Expected to Reach $1,084.3 million by 2025

 
2022
Global Pin Fin Heat Sink for IGBT Market

Report Code : A04929

quote In 2018, the aluminum segment dominated the global Pin Fin Heat Sink For IGBT Market in material type, in terms of revenue and is expected to grow at the highest CAGR during the forecast period. Extruded aluminum has a low cost of production compared to other materials and it can be anodized or powder coated to maintain its appearance and resist rusting. In addition, another useful factor for aluminum is that it is fairly cheap to manufacture and is extremely lightweight. The weight is a huge factor. For instance, when the heatsink is attached to the CPU, the weight of the heat sink puts stress on the motherboard, which the motherboard is commonly designed to accept. So, the aluminum is suitable as it adds very little stress and weight to the motherboard. quote

Rahul Kumar
Lead Analyst, Semiconductor & Electronics at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, "Pin Fin Heat Sink For IGBT Market by Material type: Global Opportunity Analysis and Industry Forecast, 2019–2025," the global pin fin heat sink for IGBT market size was valued at $799.4 million in 2018, and is projected to reach $1.084.3 million by 2025, growing at a CAGR of 4.4% from 2019 to 2025.

At present, Asia-Pacific dominates the pin fin heat sink for IGBT industry owing to the need for thermal management of IGBTs. Asia-Pacific is the largest market for electronics. Furthermore, growth in awareness about environmental hazards and increase in devices to utilize the natural sources of energy are the factors further contributing to the growth of this market. China is remarkable in the global heat sinks industry owing to its market share and technology status of heat sinks. Other developing countries/regions such as India and Southeast Asia grow at a good pace owing to large population and high economic growth rate, and these economies will play important role in the future, followed by Europe. Europe is the leading region for manufacturing of automobiles, which is driving the demand for pin fin heat sinks in this region due to its application in IGBT modules in electric and hybrid electric vehicles. In addition, IGBT is a key component of high-efficiency electric energy conversion systems used in variable-speed drives, trains, power grids, and renewable energy plants, wherein efficient thermal management is critical, which is further driving the demand for pin fin heat sinks for IGBT market. Furthermore, increase in demand for largest range of heatsinks suitable for stud, modules, and capsule semiconductors as well as high power LED applications is driving the market in Europe. Based on pin fin heat sink for IGBT market analysis, the aluminum materials segment is expected to be the most lucrative segment during forecast period. 

The global pin fin heat sink for IGBT market is primarily expected to grow due to the increase in utilization of IGBTs in LEDs lighting, IGBT module integrated in the electric and hybrid vehicles, continuous rise in usage of power electronic devices, adoption of motor drives, and others. Thermal management is a critical requirement of any electronics component manufacturing companies and vendors are prominently focusing on the new technologies that can improve the functionality of devices with compact sizes of the electronics without affecting the performance due to heating. Thus, there is an increase in the demand for effective heat sinks for IGBTs in the market. New developments such as hybrid pin fin heat sinks and use of Graphene for making advanced heat sinks are expected to offer significant opportunities for the market growth in the future. 

Key Findings of the Pin Fin Heat Sink for IGBT Market: 

  • Based on material type, the aluminum segment led the pin fin heat sink for IGBT market in 2018. and is anticipated to overtake the copper type in the near future, in terms of revenue. 
  • The Asia-Pacific region dominated the global Pin Fin Heat Sink for IGBT market trends in 2018. 

The key players profiled in the report include Apex Microtechnology, Aavid Thermalloy LLC, Honeywell International Inc., Comair Rotron, CUI Inc., Advanced Thermal Solutions, Kunshan Googe Metal Products Co. Ltd., Allbrass Industrial, The Brass Forging Company, and others. These market players adopted several strategies such as acquisition and business expansion to increase their pin fin heat sink for IGBT market share during the forecast period. Many key players are acquiring small manufacturers & supplier to strengthen their business capabilities in market. For instance, in January 2016, Aavid Thermalloy acquired Niagara Thermal Products LLC, which is an industry-leading provider of highly engineered thermal management solutions. This acquisition will boost its global footprint and will help benefit from a wider range of end market and customer opportunities. Moreover, many companies are expanding their product offering to deal with growing competition in market. For instance, CUI Inc. expanded its Peltier devices and dc fans, with the addition of a heat sink product line, which is available in extruded and stamped versions. This new heat sink is designed to improve the heat dissipation of low and high-power board level application.     
 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Pin Fin Heat Sink for IGBT Market by Material Type (Copper and Aluminum): Global Opportunity Analysis and Industry Forecast, 2019–2025 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Dec 2024

Dump Truck Market

Download Sample
rep-img

Published Date Nov 2024

Alloys Market

Download Sample
rep-img

Published Date Nov 2024

Aerospace Sealants Market

Download Sample

Buy Full Version
"Global Pin Fin Heat Sink for IGBT Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers