In order to analyze the quantitative characteristics of acoustic streaming, experimental setup of 3-D stereoscopic PIV(particle imaging velocimetry) was designed and quantitative ultrasonic flow fields in the gap between the ultrasonic vibrator and heat source were measured. Utilizing acoustic streaming induced by ultrasonic vibration, surface temperature drop of cooling object was also measured. The study on smart cooling method by acoustic streaming induced by ultrasonic vibration was performed due to the empirical relations of flow pattern, average flow velocity, different gaps, and enhancement on cooling rates in the gap. Average velocity fields and maximum acoustic streaming velocity in the open gap between the stationary cylindrical heat source and ultrasonic vibrator were experimentally measured at no vibration, resonance, and non-resonance. It was clearly observed that the enhancement of cooling rates existed owing to the acoustic air flow in the gap at resonance and non-resonance induced by ultrasonic vibration. The ultrasonic wave propagating into air in the gap creates steady-state secondary eddy called acoustic streaming which enhances heat transfer from the heat source to encompassing air. The intensity of the acoustic streaming induced by ultrasonic vibration experimentally depended upon the gap between the heat source and ultrasonic vibrator. The ultrasonic vibration at resonance caused the increase of the acoustic streaming velocity and convective heat transfer augmentation when the flow fields by 3D stereoscopic PIV and temperature drop of the heat source were measured experimentally. The acoustic streaming velocity of air enhancement on cooling rates in the gap is maximal when the gap agrees with the multiples of half wavelength of the ultrasonic wave, which is specifically 12 mm.