Global Heat Sinks Market Growth 2023-2029

Global Heat Sinks Market Growth 2023-2029

A heat sink (also commonly spelled heatsink) is a passive heat exchanger that transfers the heat generated by an electronic or a mechanical device to a fluid medium, often air or a liquid coolant, where it is dissipated away from the device, thereby allowing regulation of the device's temperature at optimal levels. In computers, heat sinks are used to cool central processing units or graphics processors. Heat sinks are used with high-power semiconductor devices such as power transistors and optoelectronics such as lasers and light emitting diodes (LEDs), where the heat dissipation ability of the component itself is insufficient to moderate its temperature.
LPI (LP Information)' newest research report, the “Heat Sinks Industry Forecast” looks at past sales and reviews total world Heat Sinks sales in 2022, providing a comprehensive analysis by region and market sector of projected Heat Sinks sales for 2023 through 2029. With Heat Sinks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heat Sinks industry.
This Insight Report provides a comprehensive analysis of the global Heat Sinks landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heat Sinks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heat Sinks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heat Sinks and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heat Sinks.
The global Heat Sinks market size is projected to grow from US$ 13760 million in 2022 to US$ 18940 million in 2029; it is expected to grow at a CAGR of 18940 from 2023 to 2029.
Global Heat Sinks key players include TE Connectivity, Aavid Thermalloy, Delta, CUI, etc. Global top four manufacturers hold a share over 5%.
China is the largest market, with a share over 45%, followed by Europe, and North America, both have a share about 30 percent.
In terms of product, Aluminum Heat Sink is the largest segment, with a share over 50%. And in terms of application, the largest application is Automobile Industrial, followed by Electronic Industrial, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Heat Sinks market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Aluminum Heat Sink
Copper Heat Sink
Copper Aluminum Heat Sink
Others
Segmentation by application
Automobile
Electronic
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Alpha
Molex
TE Connectivity
Delta
Mecc.Al
Ohmite
Aavid Thermalloy
Sunon
Advanced Thermal Solutions
DAU
Apex Microtechnology
Radian
CUI
T-Global Technology
Wakefied-Vette
Key Questions Addressed in this Report
What is the 10-year outlook for the global Heat Sinks market?
What factors are driving Heat Sinks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Heat Sinks market opportunities vary by end market size?
How does Heat Sinks break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.