Press release
PCB Mounted Heat Sinks Market Growth, Insights by 2031
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Heat sink PCBs are widely used in thermal management. This circuit board works by dissipating heat from critical components. This PCB absorbs or dissipates heat when the heat affects the device. These features make the PCB mounted heat sinks highly significant for protection against heat dissipation, which in turn is expected to contribute to market growth
Rise in Adoption from Electronics & Semiconductors Industry
Based on the end-use industry, the global PCB mounted heat sinks market can be segmented into electronics & semiconductors, IT & telecommunication, automotive, consumer electronics, healthcare and others (oil & gas, power & utility, energy, etc.) The electronics & semiconductor segment is expected to grow at a rapid pace during the forecast period due to the increasing use of PCB mounted heat sinks for protection of PCB mounted electronic components, such as LEDs, resistors, diodes, etc., against heat dissipation.
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PCB mounted heat sinks are primarily used in electronic components such as electronic devices, electronic circuit, and system thermal management. This factor is significantly driving the demand for PCB mounted heat sinks in the electronics & semiconductors industry.
Rising adoption of PCB mounted heat sinks for computers and fast turn-on applications, such as power transistors, LEDs, and lasers to offer improved reliability, is further propelling the market
North America to Lead PCB Mounted Heat Sinks Market
In terms of region, the global PCB mounted heat sinks market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
North America is expected to hold the largest share of the PCB mounted heat sinks market during the forecast period due to increasing demand from electronics & semiconductors, automotive, consumer electronics and IT and telecommunication industries.
Heat build-up in the component can result in total failure or premature failure in the device. Therefore, heat sink boards are a perfect way to alter these issues. These circuit boards are used in most applications because of their cooling functions. PCB manufacturers include a heat sink in PCBs due to the numerous benefits it offers such as passive heat exchange, maintains thermal stability, spreads heat, and prevents system failure.
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Furthermore, rising digitalization, the proliferation of the internet of things (IoT), running investment in advanced 5G devices, and innovations in portable electronic devices such as e-readers, smartphones, tablets, and flash drives, are other factors propelling the PCB mounted heat sinks market in North America.
The PCB mounted heat sinks market in Asia Pacific and Europe is expected to expand at a significant rate during the forecast period due to rising demand for PCB mounted heat sinks from diverse industries such as automotive, consumer electronics, semiconductor, consumer electronics and IT and telecommunication. Moreover, the growth is anticipated to be driven by leading countries such as India, China, Japan, Germany, France, and South Korea. The PCB mounted heat sinks market in Middle East & Africa and South America is anticipated to grow at a steady pace during the forecast period.
Key Players Operating in the Global PCB Mounted Heat Sinks Market
Prominent players operating in the global PCB mounted heat sinks market are engaged in developing technologically advanced products to cater to the rising demand for PCB mounted heat sinks. Furthermore, several manufacturers are focusing on strategic mergers and acquisition of local manufacturers and system designers to strengthen their product offerings and expand their geographic reach.
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Leading players operating in the global PCB mounted heat sinks market include:
RAYMING TECHNOLOGY
RS Components & Controls (I) Ltd
Prism Electronics
TT Electronics
CUI Devices
Advanced Thermal Solutions, Inc.
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