The global fanless heat sinks market was previously valued at USD 112 million in 2021 and is expected to reach USD 146 million by 2028 at a compound annual growth rate of 8.7% during the forecast period.
Fanless heat sinks are devices for cooling down computer processing units to avoid potential chip damage due to fan failure. It is usually made of affordable materials that exhibit a high rate of thermal conduction and the ability to act as a funnel for heat dissipation. For instance, aluminum alloys and copper are two materials that are utilized for the production of fanless heat sinks, ultimately boosting the growth of the market.
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The fanless heat sinks market is experiencing growth owing to the rising demand for miniaturization in the electronic systems, which aim to increase functionality into smaller form factors. The electronics and power devices are expected to witness a substantial increase in demand for various end-user industries. The onset of rapid digitalization and the integration of 5G technology is contributing to the growth of the fanless heat sinks market.
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During the COVID-19 pandemic, the sales of fanless heat sinks were adversely impacted since investment was being utilized in the medical industry for controlling the outbreak of the virus. However, after the pandemic was lifted, the fanless heat sinks market witnessed high growth owing to the rapid digitalization in developing countries and the rising trend of improving efficiency for computers during online or hybrid corporate mode of work.
The rising usage of heat sinks in automotives and electronic industries is projected to assist computer users for ascertaining cooling in the central processing units. For instance, the optoelectronic and high-power semiconductor devices utilize heat sinks for the purpose of balancing the component’s heating capacity and regulating its temperature.
Furthermore, the increasing usage of fanless heat sinks in light-emitting diodes (LEDs) and power transistors is also contributing heavily to the growth of the market. Moreover, fanless heat sinks are required to maintain thermal stability and improve product performance to promote the growth of the market during the forecast period.
LIST OF KEY COMPANIES PROFILED:
- Boyd Corporation.
- Focus Technology Co., Ltd
- shenzhen Lori Technology Co.,Ltd.
- ABB
- C&H Technology, Inc.
- Priatherm.
- Bluecore Heatsinks
- AMETEK Specialty Metal Products
- Alpha Company Ltd.
- Wakefield Thermal, Inc.
SEGMENTATION
By Type
- Small Heat Sinks
- Medium Heat Sinks
- Large Heat Sinks
By Application
- CPU
- GPU
The global fanless heat sinks market is segmented on the basis of type and categorized into small, medium and large heat sinks. In terms of segmentation by application, the market is fragmented into CPU and GPU. On the basis of regional analysis, the market is categorized into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
- In June 2021, NH-P1 CPU cooler was released by Noctua. It is capable of operating and passively cooling high-end CPUs with low to moderate heat dissipation for improved performance and reliability.
- In September 2019, Pacific Design Technologies Inc. was acquired by AMETEK Inc. to improve heat management systems for essential components. This acquisition is projected to aid the company in expanding its presence in the aerospace and defense industries.
North America is projected to dominate the largest market share during the forecast period owing to the presence of key players that are investing heavily in the growth of the region. In the past five years, the region has witnessed significant investments in industrial development which have boosted the demand for fanless heat sinks market.
However, the Middle East and Africa are expected to experience consistent growth due to the corporations in the market relocating their manufacturing facilities to developing economies.
TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Fanless Heat Sinks Market
Chapter 5. Global Fanless Heat Sinks Market Overview, By Type, 2015 – 2028(USD Million)
Chapter 6. Global Fanless Heat Sinks Market Overview, By Application, 2015 – 2028(USD Million)
Chapter 7. Global Fanless Heat Sinks Market Overview, By Geography, 2015 – 2028(USD Million)
Chapter 8. North America Fanless Heat Sinks Market Overview, By Countries, 2015 – 2028(USD Million)
Chapter 9. Europe Fanless Heat Sinks Market Overview, By Countries, 2015 – 2028(USD Million)
Chapter 10. Asia Pacific Fanless Heat Sinks Market Overview, By Countries, 2015 – 2028 (USD Million)
…Continued
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