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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Manufacturers in the Heat Sinks Market
Market players are investing in research and development to create compact, lightweight, and highly efficient heat sink designs to cater to the evolving needs of the electronics industry
Apex Microtechnology was founded in 1980. The company is headquartered in Tucson, Arizona. Apex Microtechnology specialises in manufacturing precision power analogue monolithic, integrated circuits, hybrids, and modules.
Sunonwealth Electric Machine Industry Co. Ltd. was founded in 1980 and is headquartered in Kaohsiung City, Taiwan. It has a vast machinery and industrial product portfolio including DC and AC fan and blowers, cooling modules, fan accessories, and ventilation equipment.
Advanced Thermal Solutions, Inc. was founded in 1989 and is based in Massachusetts, United States. It manufactures and markets diverse industrial equipment such as heat sinks, heat pipes, vapour chambers, liquid cooling systems, instruments, sensors, freezers, and wind tunnels, among others.
Aavid Thermalloy, LLC was founded in 1964 and is headquartered in New Hampshire, United States. It is a leading manufacturer of thermal management solutions and product portfolio of this company includes heat sinks, connectors, embedded solutions, LED lighting, optoelectronics, and semiconductors.
Other key players in the global heat sinks market include CUI Inc., and Comair Rotron, among others.
Heat Sinks Market Report Snapshots
Heat Sinks Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the heat sinks market reached an approximate value of USD 7.37 billion.
The market is expected to grow at a CAGR of 6.50% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 12.99 billion by 2032.
The major drivers of the market include the increasing applications of heat sinks in high-power semiconductors, rising sales of automobiles, and increasing demand for consumer electronics.
Key trends aiding market expansion include the growing popularity of electric vehicles, enhancements in thermal management systems of various electronics, and growing research and development activities to enhance the efficiency of heat sinks.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Copper heat sink, aluminium heat sink, and copper aluminium heat sink are the different product types in the market.
Automobile and electronic are the significant industry verticals in the market.
The major components of heat sink include metal such as aluminium or copper, fan, and conductive thick plate, among others.
Key players in the market are Sunonwealth Electric Machine Industry Co. Ltd., Advanced Thermal Solutions, Inc., Aavid Thermalloy, LLC, Apex Microtechnology, CUI Inc., and Comair Rotron, among others.
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