Global Pin Fin Heat Sink For IGBT Market By Material Type, By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Pin Fin Heat Sink For IGBT Market By Material Type, By Geographic Scope And Forecast
Pin Fin Heat Sink For IGBT Market Size And Forecast
Pin Fin Heat Sink For IGBT Market size was valued at USD 2.5 Billion in 2023 and is projected to reach USD 6.17 Billion by 2030, growing at a CAGR of 5.3% from 2024 to 2030.
The increasing trend of electric mobility, home remodeling, and kitchen updates is boosting the Pin Fin Heat Sink For IGBT Market. IGBT-based power modules have become significantly more advanced and powerful in recent times. These modules contain large arrays of power-hungry electronic components that require high-performance heat sinks to prevent them from overheating and being damaged or destroyed. This will foster market growth. The Global Pin Fin Heat Sink For report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Pin Fin Heat Sink For IGBT Market Definition
Pin Fin Heat Sink is comprised of a flat base with a scale of round pins that are implanted into the base. It is a rectangular-shaped piece of metal that rises from a metal base, the fins are situated perpendicular to the metal base, but are parallel to one another. These heat sinks are designed and structured geometrically to make them highly effective. These are available in copper and aluminum material and comes in different pin densities, which are suitable for different airspeed environments. A heat sink is a solid block of copper or aluminum with recurring fins that expand the possible surface area for heat transfer. Pin fins concurrently increase both the heat transfer surface region and the heat transfer coefficient. These are available in different sizes with a wide array of applications and devices, ranging from miniature semiconductors to large power devices.
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Global Pin Fin Heat Sink For IGBT Market Overview
The increasing need for effective cooling of consumer electronics by proper heat dissipation method, supported by an escalation in demand for huge power supply due to growing population and digitization are some of the prime factors that drive the global pin fin heat sink IGBT market growth. Moreover, the rise in demand for pin fin heat sinks owing to its multiple advantages such as higher volumetric efficiency and low cost over other types of heat sinks is also expected to fuel the growth of pin fin heat sink for the IGBT market. Also, an increase in the use of IGBT modules in the automotive field for HEVs and hybrid pin fin heat sinks has positively anticipated in propelling the growth of the global pin fin heat sink IGBT market.
There are certain restrictions and barriers that will hinder the overall market growth. Factors such as low capacity utilization of pin fin heat sink manufacturers are limiting the market growth. Nevertheless, the advancements in technologies, the increase in the use of IGBT modules in the automotive field for HEVs and hybrid pin fin heat sink, and untapped potential in emerging markets offer beneficial growth opportunities.
Global Pin Fin Heat Sink For IGBT MarketSegmentation Analysis
The Global Pin Fin Heat Sink For IGBT Market Segmented On The Basis Of Material Type, And Geography.
Pin Fin Heat Sink For IGBT Market, By Material Type
- Copper
- Aluminium
Based on Material Type, the market is bifurcated into Copper and Aluminium. The Aluminium segment holds the largest market share during the forecast period. The factors that can be attributed to the increasing need by electronic manufacturers owing to benefits such as high thermal performance and flexibility to fit into a variety of systems and designs are accelerating the demand for this segment.
Pin Fin Heat Sink For IGBT Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the World
On the basis of regional analysis, the Global Pin Fin Heat Sink For IGBT Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia-Pacific holds the largest market share. The increasing consumer electronics and ongoing projects will boost the market in the APAC region.
Key Players
The study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Advanced Micro Devices (AMD), Apex Microtechnology, Aavid Thermalloy, LLC, Advanced Thermal Solutions, Inc., Allbrass Industrial The Brass, CUI Inc, Comair Rotron, Honeywell International Inc and Kunshan Googe Metal Products Co., Ltd.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2020-2022 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Advanced Micro Devices (AMD), Apex Microtechnology, Aavid Thermalloy, LLC, Advanced Thermal Solutions, Inc., Allbrass Industrial The Brass, CUI Inc, Comair Rotron |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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