03-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Aluminium Heat Sink Market By Application (Cell Phones, Automotive, Power Transistors, Air Planes, Computers, Optoelectronics, Railway, Geothermal Heating and Cooling, Gas Water Heaters, HVAC Systems, Solar Thermal Water Systems, Power Plants, Forced Air Heating and Cooling Systems, Industrial Facilities, and other industries): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Aluminium heat sink market in 2019 was approximately USD 2600 Million. The market is expected to grow at a CAGR of 5.5% and is anticipated to reach around USD 3900 Million by 2026.
The aluminum heat sink is the most common type of heat sink used in different industries. Heat sink acts as a heat exchanger. The heat generated by mechanical or an electronic device is transferred to a fluid medium, often a liquid coolant or air; it is then dissipated away from the device. Aluminium heat sink is traditionally used in thermal solutions due to certain physical properties of aluminum metal. These properties include good electrical and thermal conductivity, high strength, low density, exceptional corrosion resistance, and low weight. Expanding the electronic industry and increasing the number of smart devices globally is estimated to offer significant opportunities for market growth in the coming years.
Browse the full “Aluminium Heat Sink Market By Application (Cell Phones, Automotive, Power Transistors, Air Planes, Computers, Optoelectronics, Railway, Geothermal Heating and Cooling, Gas Water Heaters, HVAC Systems, Solar Thermal Water Systems, Power Plants, Forced Air Heating and Cooling Systems, Industrial Facilities, and other industries): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/aluminium-heat-sink-market-by-application-cell-phones-597
The growth of the global market for aluminum heat sink can be attributed to the high demand for thermal management solutions across different end-use industries. Moreover, the application of electronic devices in these industries has been increased substantially in recent years. Technological investments to design and develop small and lightweight devices are estimated to offer significant opportunities in the global market. The trend of electric vehicles across the globe is gaining the popularity and the government initiative along with the huge investments.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 2600 Million |
Projected Market Size in 2026 |
USD 3900 Million |
CAGR Growth Rate |
CAGR 5.5% |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Delta, Alpha, TE Connectivity, Mecc.Al, Molex, Aavid Thermalloy, Advanced Thermal Solutions, T-Global Technology, Ohmite, Radian, Apex Microtechnology, Dhruti Electricals & Electronics, Minit Overseas Pvt. Ltd., Himalay Engineering Co., and other several players. |
Key Segment |
By Type, Application,and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Based on application, the global market for aluminum heat sink is classified into Cell Phones, Automotive, Power Transistors, Air Planes, Computers, Optoelectronics, Railway, Geothermal Heating, and Cooling, Gas Water Heaters, HVAC Systems, Solar Thermal Water Systems, Power Plants, Forced Air Heating and Cooling Systems, Industrial Facilities, and other industries. Air Planessegment accounts for 14.00 % market volume share in 2018. Solar Thermal Water Systems segment is estimated to grow at a CAGR of 7.00% during 2019-2026. Rising preference for electric architectures and electronic systems in modern aircraft design is the key market driver for heat sinks in airplane applications.Aircraft manufacturers are highly inclined towards deploying cost-effective, innovative, and reliable thermal management solutions. Moreover, the key companies are focused on designing advanced cooling systems through strong research in the field of thermal and fluid science. The market growth in the solar thermal water systems segment can be attributed to the increasing adoption of solar systems in both residential and commercial projects.
On the basis of geography, the market is categorized into the major regions such as Europe, Asia Pacific, Latin America, Middle East & Africa, and North America. Among the above regional segments, the Europe market accounted for the significant market share in the total aluminum heat sink market followed by the U.S., and the Asia Pacific in terms of value. The market growth in the region is attributed mainly to the strong industry base and manufacturing activities. The end-use industries are anticipated to register strong growth in the Asia Pacific region during 2019-2026. Rapid industrialization and technology investment is estimated to boost the market penetration of international players in Asian countries such as China, Japan, Taiwan, and India.
Key industry players considered in this report include Delta, Alpha, TE Connectivity, Mecc. Al, Molex, Aavid Thermalloy, Advanced Thermal Solutions, T-Global Technology, Ohmite, Radian, Apex Microtechnology, Dhruti Electricals & Electronics, Minit Overseas Pvt. Ltd., Himalay Engineering Co., and other several players. These industry players are strongly investing in technology enhancement and R&D activities in order to meet the diversified needs of end-use industries.
This report segments the Aluminium Heat Sink market as follows:
Global Aluminium Heat Sinkarket: By Application Segmentation Analysis
- Automotive
- Air Planes
- Cell Phones
- Computers
- Power Transistors
- Optoelectronics
- Geothermal Heating and Cooling
- Forced Air Heating and Cooling Systems
- Gas Water Heaters
- HVAC Systems
- Solar Thermal Water Systems
- Power Plants
- Industrial Facilities
- Railway
- Others
Global Aluminium Heat Sink Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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