Thermoelectric Modules Market by Model (Single Stage, Multi Stage), Type (Bulk, Micro, Thin Film), Functionality (General Purpose, Deep Cooling), End-Use Application (Consumer Electronics, Automotive), Offering and Region - Global Forecast to 2027
The thermoelectric modules market is expected to grow from USD 693 million in 2022 and is projected to reach USD 1,054 million by 2027; it is expected to grow at a CAGR of 8.8% during the forecast period. Advantages such as compact design of TEMs compared to vapor-compression cooling systems, drives the adoption of TEMs across several end-use application. Additionally, ability of TEMs to produce hot and cold water for different functions adds to its rising adoption in different applications. Furthermore, the rapidly growing market for electric and luxury vehicles is also expected to drive thermoelectric modules market. TEMs are used in electric vehicles to stabilize the temperature of a car’s battery-operated system.
“Market for multistage thermoelectric modules to grow at higher CAGR during forecast period”
Multistage thermoelectric modules are also known as cascade thermoelectric modules. They work on high-temperature differentials between the hot and cold sides of the module. These modules are designed to achieve significantly higher temperature differentials of around 130°C. Hence, cascaded modules are stacked on top of one another whereby the cold side of one module becomes the hot side of another module mounted above. Multistage thermoelectric modules are suitable for applications in which a low-to-medium cooling capacity is required.
“Market for micro thermoelectric modules to grow at highest CAGR during forecast period”
Micro thermoelectric modules are devices that have semiconductor elements with dimensions of less than 1.0 mm square. They can easily convert heat into electricity, starting from a zero-temperature difference. Further, these modules help in decreasing the energy consumption of electric devices, such as wearables and wireless sensors. Technological advancements have resulted in product miniaturization; as a result, the number of microdevices, such as microprocessors, microsensors, microcontrollers, and micro-instruments, has increased. Therefore, the demand for micro thermoelectric modules is likely to grow in the coming years.
“Market for automotive application to grow at highest CAGR during forecast period”
Thermoelectric modules are prominently used in the automotive application for automotive seat cooling/heating, cup holders, glove boxes, automotive night vision, and waste heat recovery. For automotive seats, thermoelectric modules are used as they can switch easily between heating and cooling functions. Autonomous systems provide numerous benefits in modern vehicles. High-temperature thermoelectric coolers provide the thermal management solution needed to operate each system within an acceptable temperature range and optimize its performance. The growth in the production of light vehicles is expected to increase the demand for thermoelectric modules in the automotive application. With the fast growth of electric cars, thermoelectric modules are expected to be used to a greater degree to maintain the optimal temperature of battery packs.
“APAC to create highest growth opportunities for thermoelectric modules market among other region during the forecast period”
APAC is the largest consumer electronics market in terms of manufacturing and consumption of consumer electronics products. In China, the demand for consumer electronic products is increasing in the country due to its large population. The industrial application is the second-largest segment in the thermoelectric modules market in China, followed by the automotive segment. The Japanese government has taken initiatives to bring a robotic revolution in the country to increase the use of intelligent machines in the manufacturing and healthcare sectors, which would drive the thermoelectric modules market in Japan in the industrial sector. South Korea, one of the leading manufacturers of electric and hybrid vehicles, is expected to create high growth opportunities for thermoelectric modules market with growing electric vehicles market.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the thermoelectric modules market space. The break-up of primary participants for the report has been shown below:
Research Coverage:
This research report categorizes the thermoelectric modules market on the basis of model, type, functionality, end-use application, offering, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the thermoelectric modules market and forecasts the same till 2027. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the thermoelectric modules ecosystem.
Key Benefits of Buying the Report
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall thermoelectric modules market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
“Market for multistage thermoelectric modules to grow at higher CAGR during forecast period”
Multistage thermoelectric modules are also known as cascade thermoelectric modules. They work on high-temperature differentials between the hot and cold sides of the module. These modules are designed to achieve significantly higher temperature differentials of around 130°C. Hence, cascaded modules are stacked on top of one another whereby the cold side of one module becomes the hot side of another module mounted above. Multistage thermoelectric modules are suitable for applications in which a low-to-medium cooling capacity is required.
“Market for micro thermoelectric modules to grow at highest CAGR during forecast period”
Micro thermoelectric modules are devices that have semiconductor elements with dimensions of less than 1.0 mm square. They can easily convert heat into electricity, starting from a zero-temperature difference. Further, these modules help in decreasing the energy consumption of electric devices, such as wearables and wireless sensors. Technological advancements have resulted in product miniaturization; as a result, the number of microdevices, such as microprocessors, microsensors, microcontrollers, and micro-instruments, has increased. Therefore, the demand for micro thermoelectric modules is likely to grow in the coming years.
“Market for automotive application to grow at highest CAGR during forecast period”
Thermoelectric modules are prominently used in the automotive application for automotive seat cooling/heating, cup holders, glove boxes, automotive night vision, and waste heat recovery. For automotive seats, thermoelectric modules are used as they can switch easily between heating and cooling functions. Autonomous systems provide numerous benefits in modern vehicles. High-temperature thermoelectric coolers provide the thermal management solution needed to operate each system within an acceptable temperature range and optimize its performance. The growth in the production of light vehicles is expected to increase the demand for thermoelectric modules in the automotive application. With the fast growth of electric cars, thermoelectric modules are expected to be used to a greater degree to maintain the optimal temperature of battery packs.
“APAC to create highest growth opportunities for thermoelectric modules market among other region during the forecast period”
APAC is the largest consumer electronics market in terms of manufacturing and consumption of consumer electronics products. In China, the demand for consumer electronic products is increasing in the country due to its large population. The industrial application is the second-largest segment in the thermoelectric modules market in China, followed by the automotive segment. The Japanese government has taken initiatives to bring a robotic revolution in the country to increase the use of intelligent machines in the manufacturing and healthcare sectors, which would drive the thermoelectric modules market in Japan in the industrial sector. South Korea, one of the leading manufacturers of electric and hybrid vehicles, is expected to create high growth opportunities for thermoelectric modules market with growing electric vehicles market.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the thermoelectric modules market space. The break-up of primary participants for the report has been shown below:
- By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
- By Designation: C-level Executives – 40%, Directors – 40%, and Others – 20%
- By Region: North America –40%, APAC– 30%, Europe – 20%, and RoW – 10%
Research Coverage:
This research report categorizes the thermoelectric modules market on the basis of model, type, functionality, end-use application, offering, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the thermoelectric modules market and forecasts the same till 2027. Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the thermoelectric modules ecosystem.
Key Benefits of Buying the Report
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall thermoelectric modules market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
FIGURE 1 SEGMENTATION OF THERMOELECTRIC MODULES MARKET
1.3.1 YEARS CONSIDERED
1.4 CURRENCY & PRICING
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 THERMOELECTRIC MODULES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.1.1 Key industry insights
2.1.2 SECONDARY DATA
2.1.2.1 List of key secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Breakdown of primaries
2.1.3.2 Key data from primary sources
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to arrive at market size using bottom-up analysis
(demand side)
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for estimating market size using top-down analysis
(supply side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) — REVENUE GENERATED BY COMPANIES IN THERMOELECTRIC MODULES MARKET
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS
3 EXECUTIVE SUMMARY
FIGURE 7 THERMOELECTRIC MODULES MARKET: 2018–2027 (USD MILLION)
FIGURE 8 MULTI-STAGE THERMOELECTRIC MODULES SEGMENT EXPECTED TO EXPERIENCE FASTER GROWTH DURING FORECAST PERIOD
FIGURE 9 MICRO THERMOELECTRIC MODULES MARKET TO WITNESS HIGHEST
CAGR DURING FORECAST PERIOD
FIGURE 10 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE APPLICATION
TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 11 APAC ACCOUNTS FOR LARGEST SHARE OF THERMOELECTRIC MODULES MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THERMOELECTRIC MODULES MARKET
FIGURE 12 DEVELOPING ECONOMIES OFFER MAJOR GROWTH PROSPECTS
IN THERMOELECTRIC MODULES MARKET
4.2 BULK THERMOELECTRIC MODULES MARKET, BY REGION
FIGURE 13 APAC TO WITNESS HIGHEST CAGR IN BULK THERMOELECTRIC MODULES SEGMENT DURING FORECAST PERIOD
4.3 THERMOELECTRIC MODULES MARKET, BY FUNCTIONALITY
FIGURE 14 GENERAL-PURPOSE THERMOELECTRIC MODULES TO LEAD MARKET DURING FORECAST PERIOD
4.4 THERMOELECTRIC MODULES MARKET IN APAC, BY END-USE APPLICATION VS.
BY COUNTRY
FIGURE 15 CONSUMER ELECTRONICS IS LARGEST APPLICATION OF THERMOELECTRIC MODULES IN APAC
4.5 THERMOELECTRIC MODULES MARKET, BY COUNTRY
FIGURE 16 US ACCOUNTS FOR LARGEST SHARE OF THERMOELECTRIC MODULES MARKET IN 2022
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 IMPACT OF DRIVERS AND OPPORTUNITIES ON THERMOELECTRIC
MODULES MARKET
FIGURE 18 IMPACT OF RESTRAINTS AND CHALLENGES ON THERMOELECTRIC
MODULES MARKET
5.2.1 DRIVERS
5.2.1.1 Benefits of TEMs over conventional systems
5.2.1.2 Simultaneous heating and cooling properties of TEMs driving demand in several applications
5.2.1.3 Growth of electric and luxury vehicles increasing demand for TEMs
5.2.2 RESTRAINTS
5.2.2.1 Inherent disadvantages and design complexities
5.2.2.2 High costs compared with traditional heating/cooling systems
5.2.3 OPPORTUNITIES
5.2.3.1 Development of TEMs for new application areas
5.2.3.2 Thermoelectric coolers for storage and transport of
COVID-19 vaccines
5.2.4 CHALLENGES
5.2.4.1 Reliability and strength of TEMs
5.3 VALUE CHAIN ANALYSIS
FIGURE 19 VALUE CHAIN ANALYSIS OF THERMOELECTRIC MODULES MARKET: R&D AND MANUFACTURING PHASES CONTRIBUTE MAXIMUM VALUE
5.4 ECOSYSTEM/MARKET MAP
FIGURE 20 THERMOELECTRIC MODULES MARKET ECOSYSTEM
5.4.1 THERMOELECTRIC MODULE OEMS
5.4.2 SUPPLIERS
5.4.3 DISTRIBUTORS
TABLE 2 THERMOELECTRIC MODULES MARKET: ECOSYSTEM
5.5 PRICING ANALYSIS
FIGURE 21 AVERAGE SELLING PRICE FORECAST OF THERMOELECTRIC MODULES (2020–2027)
TABLE 3 AVERAGE SELLING PRICE OF THERMOELECTRIC MODULES, 2020–2027 (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
FIGURE 22 REVENUE SHIFT FOR THERMOELECTRIC MODULES MARKET
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Thermoelectric generators
5.7.1.2 Thermoelectric heat pumps
5.7.2 ADJACENT TECHNOLOGY
5.7.2.1 Traditional heat pumps
5.8 TECHNOLOGY TRENDS
5.8.1 NEW MATERIALS USED FOR MANUFACTURING THERMOELECTRIC MODULES
5.8.2 MINIATURIZATION OF THERMOELECTRIC MODULES
5.9 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 THERMOELECTRIC MODULES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.9.1 DEGREE OF COMPETITION
5.9.2 BARGAINING POWER OF SUPPLIERS
5.9.3 BARGAINING POWER OF BUYERS
5.9.4 THREAT FROM SUBSTITUTES
5.9.5 THREAT OF NEW ENTRANTS
5.10 CASE STUDIES
5.10.1 LAIRD THERMAL SYSTEMS USED THERMOELECTRIC MODULES FOR COOLING OPTICAL SENSORS
5.10.2 LAIRD THERMAL SYSTEMS USED THERMOELECTRIC MODULES FOR VISION SYSTEMS
5.10.3 LAIRD THERMAL SYSTEMS USED THERMOELECTRIC MODULES FOR PRESERVING MEDICAL REAGENTS
5.10.4 II-VI MARLOW SHOWCASED THERMOELECTRIC COOLER FOR THERMAL CYCLING
5.10.5 II-VI MARLOW SHOWCASED THERMOELECTRIC MODULES FOR ENERGY HARVESTING
5.10.6 CRYSTAL DEVELOPED PROTOTYPE FOR LABORATORY RESEARCH EQUIPMENT
5.10.7 MAHLE TESTING THERMOELECTRIC TECHNOLOGY IN AUTOMOTIVE APPLICATIONS
5.10.8 PHONONIC LEVERAGED THERMOELECTRIC TECHNOLOGY TO DEVELOP CPU COOLER
5.10.9 PHONONIC PROVIDED SOLID-STATE REFRIGERATION SOLUTIONS USING THERMOELECTRIC TECHNOLOGY
5.10.10 PHONONIC OFFERED THERMOELECTRIC FREEZERS TO CONVENIENCE STORES
5.11 TRADE ANALYSIS
5.11.1 TRADE DATA
FIGURE 23 IMPORT DATA FOR HS CODE 8418, BY COUNTRY, 2017–2021
FIGURE 24 EXPORT DATA FOR HS CODE 8418, BY COUNTRY, 2017–2021
5.12 PATENT ANALYSIS
FIGURE 25 NUMBER OF PATENTS GRANTED PER YEAR, 2012–2021
FIGURE 26 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 5 TOP 20 PATENT OWNERS IN LAST 10 YEARS
TABLE 6 LIST OF A FEW PATENTS IN THERMOELECTRIC MODULES MARKET, 2018–2021
5.13 TARIFFS AND REGULATIONS
5.13.1 TARIFFS RELATED TO THERMOELECTRIC MODULES
5.13.2 REGULATIONS
5.13.2.1 Europe
5.13.2.1.1 RoHS
5.13.2.2 US
5.13.2.2.1 Telcordia GR-468
5.13.2.2.2 ITAR
5.13.3 GLOBAL
5.13.3.1 Space qualifications
6 THERMOELECTRIC MODULES MARKET, BY MODEL
6.1 INTRODUCTION
FIGURE 27 MULTI-STAGE THERMOELECTRIC MODULES TO REGISTER HIGHER
CAGR DURING FORECAST PERIOD
TABLE 7 THERMOELECTRIC MODULES MARKET, BY MODEL, 2018–2021 (USD MILLION)
TABLE 8 THERMOELECTRIC MODULES MARKET, BY MODEL, 2022–2027 (USD MILLION)
6.2 SINGLE-STAGE
6.2.1 SINGLE-STAGE THERMOELECTRIC MODULES HAVE ONLY ONE STAGE
OR LAYER TO ACHIEVE STANDARD TEMPERATURE DIFFERENCES
6.3 MULTI-STAGE
6.3.1 MULTI-STAGE THERMOELECTRIC MODULES HAVE HIGH-TEMPERATURE DIFFERENTIALS BETWEEN HOT AND COLD SIDES OF MODULES
7 THERMOELECTRIC MODULES MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 28 MICRO THERMOELECTRIC MODULES TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 9 THERMOELECTRIC MODULES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 10 THERMOELECTRIC MODULES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 11 THERMOELECTRIC MODULES MARKET, BY TYPE, 2021–2027 (MILLION UNITS)
7.2 BULK THERMOELECTRIC MODULES
7.2.1 BULK THERMOELECTRIC MODULES HAVE HIGHER POWER OUTPUT AND VOLTAGE COMPARED TO OTHER MODULES
TABLE 12 BULK THERMOELECTRIC MODULES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 13 BULK THERMOELECTRIC MODULES MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3 MICRO THERMOELECTRIC MODULES
7.3.1 MICRO THERMOELECTRIC MODULES HELP IN REDUCING ENERGY CONSUMPTION OF ELECTRIC DEVICES
TABLE 14 MICRO THERMOELECTRIC MODULES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 15 MICRO THERMOELECTRIC MODULES MARKET, BY REGION, 2022–2027 (USD MILLION)
7.4 THIN-FILM THERMOELECTRIC MODULES
7.4.1 THESE MODULES PRODUCE MAXIMUM HEAT FLUX
TABLE 16 THIN-FILM THERMOELECTRIC MODULES MARKET, BY REGION,
2018–2021 (USD MILLION)
TABLE 17 THIN-FILM THERMOELECTRIC MODULES MARKET, BY REGION,
2022–2027 (USD MILLION)
8 THERMOELECTRIC MODULES MARKET, BY FUNCTIONALITY
8.1 INTRODUCTION
FIGURE 29 GENERAL-PURPOSE THERMOELECTRIC MODULES TO LEAD MARKET DURING FORECAST PERIOD
TABLE 18 THERMOELECTRIC MODULES MARKET, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 19 THERMOELECTRIC MODULES MARKET, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
8.2 GENERAL-PURPOSE
8.2.1 TELECOMMUNICATIONS TO REMAIN LARGEST APPLICATION OF GENERAL-PURPOSE THERMOELECTRIC MODULES
TABLE 20 GENERAL-PURPOSE THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 21 GENERAL-PURPOSE THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
8.3 DEEP COOLING
8.3.1 CONSUMER ELECTRONICS TO REMAIN LARGEST END USER OF DEEP COOLING THERMOELECTRIC MODULES
TABLE 22 DEEP COOLING THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 23 DEEP COOLING THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
9 THERMOELECTRIC MODULES MARKET, BY OFFERING
9.1 INTRODUCTION
FIGURE 30 HARDWARE COMPONENT TO HOLD LARGER SHARE OF MARKET THROUGHOUT FORECAST PERIOD
TABLE 24 THERMOELECTRIC MODULES MARKET, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 25 THERMOELECTRIC MODULES MARKET, BY OFFERING, 2022–2027 (USD MILLION)
9.2 HARDWARE
9.2.1 HARDWARE OF THERMOELECTRIC MODULES INCLUDES VARIOUS ELEMENTS AND COMPONENTS THAT WORK AS A UNIT
9.3 SERVICES
9.3.1 SERVICES INCLUDE PROTOTYPING, DESIGNING, ENGINEERING, TESTING, AND COMPLIANCE
10 THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION
10.1 INTRODUCTION
FIGURE 31 THERMOELECTRIC MODULES MARKET TO REGISTER HIGHEST CAGR
IN AUTOMOTIVE APPLICATION DURING FORECAST PERIOD
TABLE 26 THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION,
2018–2021 (USD MILLION)
TABLE 27 THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION,
2022–2027 (USD MILLION)
10.2 CONSUMER ELECTRONICS
10.2.1 CONSUMER ELECTRONICS HELD LARGEST SHARE OF THERMOELECTRIC MODULES MARKET
TABLE 28 THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS,
BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 29 THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS,
BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 30 THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2018–2021 (USD MILLION)
TABLE 31 THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2022–2027 (USD MILLION)
TABLE 32 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS , BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 33 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 34 EUROPE: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 35 EUROPE: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 36 APAC: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 37 APAC: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 38 ROW: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2018–2021 (USD MILLION)
TABLE 39 ROW: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2022–2027 (USD MILLION)
10.3 INDUSTRIAL
10.3.1 USE OF THERMOELECTRIC MODULES IN FOOD & BEVERAGES INDUSTRY DRIVING OVERALL MARKET
TABLE 40 THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 41 THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 42 THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 43 THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY REGION, 2022–2027 (USD MILLION)
TABLE 44 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 45 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 46 EUROPE: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 47 EUROPE: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 48 APAC: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 49 APAC: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 50 ROW: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 51 ROW: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY REGION, 2022–2027 (USD MILLION)
10.4 TELECOMMUNICATIONS
10.4.1 APAC TO ACCOUNT FOR LARGEST MARKET SHARE IN TELECOMMUNICATIONS APPLICATION DURING FORECAST PERIOD
TABLE 52 THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 53 THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 54 THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY REGION, 2018–2021 (USD MILLION)
TABLE 55 THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY REGION, 2022–2027 (USD MILLION)
TABLE 56 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 57 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 58 EUROPE: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 59 EUROPE: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 60 APAC: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS,
BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 61 APAC: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS,
BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 62 ROW: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY REGION, 2018–2021 (USD MILLION)
TABLE 63 ROW: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY REGION, 2022–2027 (USD MILLION)
10.5 AUTOMOTIVE
10.5.1 MARKET IN AUTOMOTIVE APPLICATION TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
TABLE 64 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 65 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 66 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY REGION,
2018–2021 (USD MILLION)
TABLE 67 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY REGION,
2022–2027 (USD MILLION)
TABLE 68 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 69 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 70 EUROPE: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 71 EUROPE: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 72 APAC: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 73 APAC: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 74 ROW: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY REGION, 2018–2021 (USD MILLION)
TABLE 75 ROW: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY REGION, 2022–2027 (USD MILLION)
10.6 MEDICAL & LABORATORIES
10.6.1 NEED FOR TEMPERATURE STABILIZATION BOOSTING DEMAND FOR THERMOELECTRIC MODULES IN MEDICAL & LABORATORIES
TABLE 76 THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES,
BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 77 THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES,
BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 78 THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY REGION, 2018–2021 (USD MILLION)
TABLE 79 THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY REGION, 2022–2027 (USD MILLION)
TABLE 80 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN MEDICAL
& LABORATORIES, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 81 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN MEDICAL
& LABORATORIES, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 82 EUROPE: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 83 EUROPE: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 84 APAC: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 85 APAC: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 86 ROW: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY REGION, 2018–2021 (USD MILLION)
TABLE 87 ROW: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY REGION, 2022–2027 (USD MILLION)
10.7 AEROSPACE & DEFENSE
10.7.1 MARLOW AND RMT ARE AMONG KEY COMPANIES CATERING TO DEMAND IN AEROSPACE & DEFENSE APPLICATION
TABLE 88 THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 89 THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 90 THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2018–2021 (USD MILLION)
TABLE 91 THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2022–2027 (USD MILLION)
TABLE 92 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN AEROSPACE
& DEFENSE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 93 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN AEROSPACE
& DEFENSE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 94 EUROPE: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 95 EUROPE: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 96 APAC: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE,
BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 97 APAC: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE,
BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 98 ROW: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2018–2021 (USD MILLION)
TABLE 99 ROW: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2022–2027 (USD MILLION)
10.8 OIL & GAS AND MINING
10.8.1 THERMOELECTRIC MODULES USED IN GAS ANALYZERS, METERING EQUIPMENT, AND REMOTE TELEMETRY UNITS
TABLE 100 THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 101 THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 102 THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY REGION, 2018–2021 (USD MILLION)
TABLE 103 THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY REGION, 2022–2027 (USD MILLION)
TABLE 104 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 105 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 106 EUROPE: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 107 EUROPE: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 108 APAC: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 109 APAC: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING,
BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 110 ROW: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY REGION, 2018–2021 (USD MILLION)
TABLE 111 ROW: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY REGION, 2022–2027 (USD MILLION)
11 GEOGRAPHIC ANALYSIS
11.1 INTRODUCTION
FIGURE 32 THERMOELECTRIC MODULES MARKET IN APAC TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 112 THERMOELECTRIC MODULES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 113 THERMOELECTRIC MODULES MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 114 THERMOELECTRIC MODULES MARKET, BY REGION, 2021–2027 (MILLION UNITS)
11.2 NORTH AMERICA
FIGURE 33 NORTH AMERICA: THERMOELECTRIC MODULES MARKET SNAPSHOT
TABLE 115 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 116 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
TABLE 117 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY TYPE,
2018–2021 (USD MILLION)
TABLE 118 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY TYPE,
2022–2027 (USD MILLION)
TABLE 119 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 120 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
11.2.1 US
11.2.1.1 Industrial clusters using thermoelectric modules to improve efficiency and provide clean energy
11.2.2 CANADA
11.2.2.1 Industrial and automotive applications driving growth of thermoelectric modules market in Canada
11.2.3 MEXICO
11.2.3.1 Growing automotive and industrial applications driving thermoelectric modules
11.3 EUROPE
FIGURE 34 EUROPE: THERMOELECTRIC MODULES MARKET SNAPSHOT
TABLE 121 EUROPE: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 122 EUROPE: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
TABLE 123 EUROPE: THERMOELECTRIC MODULES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 124 EUROPE: THERMOELECTRIC MODULES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 125 EUROPE: THERMOELECTRIC MODULES MARKET, BY COUNTRY,
2018–2021 (USD MILLION)
TABLE 126 EUROPE: THERMOELECTRIC MODULES MARKET, BY COUNTRY,
2022–2027 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 Germany estimated to hold largest share of thermoelectric modules market in Europe
11.3.2 UK
11.3.2.1 Growing industrial and automotive sectors to drive market in UK
11.3.3 FRANCE
11.3.3.1 Government incentives to reduce emissions to boost market growth in France
11.3.4 ITALY
11.3.4.1 Presence of luxury and high-performance automotive manufacturers to drive market in Italy
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC
FIGURE 35 APAC: THERMOELECTRIC MODULES MARKET SNAPSHOT
TABLE 127 APAC: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 128 APAC: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
TABLE 129 APAC: THERMOELECTRIC MODULES MARKET , BY TYPE, 2018–2021 (USD MILLION)
TABLE 130 APAC: THERMOELECTRIC MODULES MARKET , BY TYPE, 2022–2027 (USD MILLION)
TABLE 131 APAC: THERMOELECTRIC MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 132 APAC: THERMOELECTRIC MODULES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
11.4.1 CHINA
11.4.1.1 China to hold largest share of thermoelectric modules market in APAC during forecast period
11.4.2 JAPAN
11.4.2.1 Consumer electronics market driving growth of thermoelectric modules in Japan
11.4.3 SOUTH KOREA
11.4.3.1 Thermoelectric modules market in South Korea dominated by telecommunications and automotive applications
11.4.4 REST OF APAC
11.5 ROW
TABLE 133 ROW: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 134 ROW: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
TABLE 135 ROW: THERMOELECTRIC MODULES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 136 ROW: THERMOELECTRIC MODULES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 137 ROW: THERMOELECTRIC MODULES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 138 ROW: THERMOELECTRIC MODULES MARKET, BY REGION, 2022–2027 (USD MILLION)
11.5.1 SOUTH AMERICA
11.5.1.1 South America to hold larger share of thermoelectric modules
market in RoW
11.5.2 MIDDLE EAST & AFRICA
11.5.2.1 Oil & gas industry to drive adoption of thermoelectric modules in Middle East
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 139 OVERVIEW OF STRATEGIES ADOPTED BY KEY THERMOELECTRIC MODULE MANUFACTURERS
12.3 REVENUE ANALYSIS OF TOP COMPANIES
FIGURE 36 REVENUE ANALYSIS OF TOP FIVE PLAYERS IN THERMOELECTRIC MODULES MARKET
12.4 MARKET SHARE ANALYSIS: THERMOELECTRIC MODULES MARKET, 2021
TABLE 140 THERMOELECTRIC MODULES MARKET: DEGREE OF COMPETITION, 2021
12.5 COMPANY EVALUATION QUADRANT
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE COMPANIES
12.5.4 PARTICIPANTS
FIGURE 37 THERMOELECTRIC MODULES MARKET: COMPANY EVALUATION
QUADRANT, 2021
12.6 START-UPS/SMALL- AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2021
TABLE 141 LIST OF START-UPS IN THERMOELECTRIC MODULES MARKET
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
FIGURE 38 THERMOELECTRIC MODULES MARKET, START-UPS/SMES EVALUATION QUADRANT, 2021
12.7 COMPANY FOOTPRINT
TABLE 142 OVERALL COMPANY FOOTPRINT
TABLE 143 COMPANY PRODUCT TYPE FOOTPRINT
TABLE 144 COMPANY END-USE APPLICATION FOOTPRINT
TABLE 145 COMPANY REGION FOOTPRINT
12.8 COMPETITIVE SCENARIO
12.8.1 PRODUCT LAUNCHES
TABLE 146 PRODUCT LAUNCHES, 2019–2022
12.8.2 DEALS
TABLE 147 DEALS, 2019–2022
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
13.1.1 FERROTEC
TABLE 148 FERROTEC: BUSINESS OVERVIEW
FIGURE 39 FERROTEC: COMPANY SNAPSHOT
13.1.2 LAIRD THERMAL SYSTEMS
TABLE 149 LAIRD THERMAL SYSTEMS: BUSINESS OVERVIEW
13.1.3 II-VI INCORPORATED
TABLE 150 II-VI INCORPORATED: BUSINESS OVERVIEW
FIGURE 40 II-VI INCORPORATED: COMPANY SNAPSHOT
13.1.4 KELK
TABLE 151 KELK: BUSINESS OVERVIEW
13.1.5 GUANGDONG FUXIN TECHNOLOGY
TABLE 152 GUANGDONG FUXIN TECHNOLOGY: BUSINESS OVERVIEW
13.1.6 TE TECHNOLOGY
TABLE 153 TE TECHNOLOGY: BUSINESS OVERVIEW
13.1.7 TEC MICROSYSTEMS
TABLE 154 TEC MICROSYSTEMS: BUSINESS OVERVIEW
13.1.8 CRYSTAL
TABLE 155 CRYSTAL: BUSINESS OVERVIEW
13.1.9 KRYOTHERM
TABLE 156 KRYOTHERM: BUSINESS OVERVIEW
13.1.10 THERMION COMPANY
TABLE 157 THERMION COMPANY: BUSINESS OVERVIEW
13.1.11 Z-MAX
TABLE 158 Z-MAX: BUSINESS OVERVIEW
13.1.12 PHONONIC
TABLE 159 PHONONIC: BUSINESS OVERVIEW
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13.2 OTHER KEY PLAYERS
13.2.1 ALIGN SOURCING
13.2.2 EVERREDTRONICS
13.2.3 HITECH TECHNOLOGIES
13.2.4 HI-Z TECHNOLOGY
13.2.5 HUI MAO
13.2.6 INHECO INDUSTRIAL HEATING & COOLING
13.2.7 KJLP (SHENZHEN) ELECTRONICS
13.2.8 KYOCERA CORPORATION
13.2.9 MERIT TECHNOLOGY GROUP
13.2.10 P&N TECHNOLOGY
13.2.11 THERMONAMIC ELECTRONICS
13.2.12 WELLEN TECHNOLOGY
13.2.13 XIAMEN HICOOL ELECTRONICS
14 ADJACENT & RELATED MARKETS
14.1 INTRODUCTION
14.2 LIMITATIONS
14.3 ENERGY HARVESTING MARKET, BY COMPONENT
TABLE 160 ENERGY HARVESTING SYSTEM MARKET, BY COMPONENT, 2018–2020 (USD MILLION)
TABLE 161 ENERGY HARVESTING SYSTEM MARKET, BY COMPONENT, 2021–2026 (USD MILLION)
14.4 TRANSDUCERS
14.4.1 PHOTOVOLTAICS
14.4.1.1 Photovoltaic transducers market driven by building automation, consumer electronics, and transportation applications
14.4.2 ELECTRODYNAMIC, PIEZOELECTRIC, AND ELECTROMAGNETIC
14.4.2.1 Electrodynamics
14.4.2.1.1 Electrodynamic systems used in harsh conditions, such as centrifugal acceleration, high axial and radial static displacement, and tilting movement
14.4.2.2 Piezoelectric
14.4.2.2.1 Piezoelectric energy harvesters used in switches, boots, and other small equipment that provide pressure and strain
14.4.2.3 Electromagnetic
14.4.2.3.1 Electromagnetic transducers can be installed in rail tracks, bridges, helicopter dampers, and car suspensions
14.4.3 THERMOELECTRIC
14.4.3.1 Thermoelectric transducers are mainly used for energy harvesting in industries and automobiles
14.4.4 RADIOFREQUENCY (RF) TRANSDUCERS
14.4.4.1 RF transducers predominantly used in switches, fitness trackers, smartwatches, wireless charging headphones, smart cards, and RFID tags
TABLE 162 ENERGY HARVESTING SYSTEM MARKET FOR TRANSDUCERS, BY TYPE, 2018–2020 (USD MILLION)
TABLE 163 ENERGY HARVESTING SYSTEM MARKET FOR TRANSDUCERS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 164 ENERGY HARVESTING SYSTEM MARKET FOR TRANSDUCERS, BY TECHNOLOGY, 2018–2020 (USD MILLION)
TABLE 165 ENERGY HARVESTING SYSTEM MARKET FOR TRANSDUCERS, BY TECHNOLOGY, 2021–2026 (USD MILLION)
14.5 POWER MANAGEMENT INTEGRATED CIRCUITS
14.5.1 PMIC PLAYS CRUCIAL ROLE IN MANAGEMENT OF POWER GENERATED THROUGH ENERGY-HARVESTING DEVICES
TABLE 166 ENERGY HARVESTING SYSTEM MARKET FOR PMICS, BY TECHNOLOGY, 2018–2020 (USD THOUSAND)
TABLE 167 ENERGY HARVESTING SYSTEM MARKET FOR PMICS, BY TECHNOLOGY, 2021–2026 (USD THOUSAND)
14.6 SECONDARY BATTERIES
14.6.1 LITHIUM-ION BATTERIES MAINLY USED AS SECONDARY BATTERIES IN ENERGY-HARVESTING SYSTEMS
TABLE 168 ENERGY HARVESTING SYSTEM MARKET FOR SECONDARY BATTERIES, BY TYPE, 2018–2020 (USD MILLION)
TABLE 169 ENERGY HARVESTING SYSTEM MARKET FOR SECONDARY BATTERIES, BY TYPE, 2021–2026 (USD MILLION)
TABLE 170 ENERGY HARVESTING SYSTEM MARKET FOR SECONDARY BATTERIES, BY TECHNOLOGY, 2018–2020 (USD MILLION)
TABLE 171 ENERGY HARVESTING SYSTEM MARKET FOR SECONDARY BATTERIES, BY TECHNOLOGY, 2021–2026 (USD MILLION)
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
FIGURE 1 SEGMENTATION OF THERMOELECTRIC MODULES MARKET
1.3.1 YEARS CONSIDERED
1.4 CURRENCY & PRICING
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 THERMOELECTRIC MODULES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY AND PRIMARY RESEARCH
2.1.1.1 Key industry insights
2.1.2 SECONDARY DATA
2.1.2.1 List of key secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Breakdown of primaries
2.1.3.2 Key data from primary sources
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to arrive at market size using bottom-up analysis
(demand side)
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for estimating market size using top-down analysis
(supply side)
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) — REVENUE GENERATED BY COMPANIES IN THERMOELECTRIC MODULES MARKET
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS
3 EXECUTIVE SUMMARY
FIGURE 7 THERMOELECTRIC MODULES MARKET: 2018–2027 (USD MILLION)
FIGURE 8 MULTI-STAGE THERMOELECTRIC MODULES SEGMENT EXPECTED TO EXPERIENCE FASTER GROWTH DURING FORECAST PERIOD
FIGURE 9 MICRO THERMOELECTRIC MODULES MARKET TO WITNESS HIGHEST
CAGR DURING FORECAST PERIOD
FIGURE 10 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE APPLICATION
TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 11 APAC ACCOUNTS FOR LARGEST SHARE OF THERMOELECTRIC MODULES MARKET IN 2022
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN THERMOELECTRIC MODULES MARKET
FIGURE 12 DEVELOPING ECONOMIES OFFER MAJOR GROWTH PROSPECTS
IN THERMOELECTRIC MODULES MARKET
4.2 BULK THERMOELECTRIC MODULES MARKET, BY REGION
FIGURE 13 APAC TO WITNESS HIGHEST CAGR IN BULK THERMOELECTRIC MODULES SEGMENT DURING FORECAST PERIOD
4.3 THERMOELECTRIC MODULES MARKET, BY FUNCTIONALITY
FIGURE 14 GENERAL-PURPOSE THERMOELECTRIC MODULES TO LEAD MARKET DURING FORECAST PERIOD
4.4 THERMOELECTRIC MODULES MARKET IN APAC, BY END-USE APPLICATION VS.
BY COUNTRY
FIGURE 15 CONSUMER ELECTRONICS IS LARGEST APPLICATION OF THERMOELECTRIC MODULES IN APAC
4.5 THERMOELECTRIC MODULES MARKET, BY COUNTRY
FIGURE 16 US ACCOUNTS FOR LARGEST SHARE OF THERMOELECTRIC MODULES MARKET IN 2022
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 17 IMPACT OF DRIVERS AND OPPORTUNITIES ON THERMOELECTRIC
MODULES MARKET
FIGURE 18 IMPACT OF RESTRAINTS AND CHALLENGES ON THERMOELECTRIC
MODULES MARKET
5.2.1 DRIVERS
5.2.1.1 Benefits of TEMs over conventional systems
5.2.1.2 Simultaneous heating and cooling properties of TEMs driving demand in several applications
5.2.1.3 Growth of electric and luxury vehicles increasing demand for TEMs
5.2.2 RESTRAINTS
5.2.2.1 Inherent disadvantages and design complexities
5.2.2.2 High costs compared with traditional heating/cooling systems
5.2.3 OPPORTUNITIES
5.2.3.1 Development of TEMs for new application areas
5.2.3.2 Thermoelectric coolers for storage and transport of
COVID-19 vaccines
5.2.4 CHALLENGES
5.2.4.1 Reliability and strength of TEMs
5.3 VALUE CHAIN ANALYSIS
FIGURE 19 VALUE CHAIN ANALYSIS OF THERMOELECTRIC MODULES MARKET: R&D AND MANUFACTURING PHASES CONTRIBUTE MAXIMUM VALUE
5.4 ECOSYSTEM/MARKET MAP
FIGURE 20 THERMOELECTRIC MODULES MARKET ECOSYSTEM
5.4.1 THERMOELECTRIC MODULE OEMS
5.4.2 SUPPLIERS
5.4.3 DISTRIBUTORS
TABLE 2 THERMOELECTRIC MODULES MARKET: ECOSYSTEM
5.5 PRICING ANALYSIS
FIGURE 21 AVERAGE SELLING PRICE FORECAST OF THERMOELECTRIC MODULES (2020–2027)
TABLE 3 AVERAGE SELLING PRICE OF THERMOELECTRIC MODULES, 2020–2027 (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
FIGURE 22 REVENUE SHIFT FOR THERMOELECTRIC MODULES MARKET
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGIES
5.7.1.1 Thermoelectric generators
5.7.1.2 Thermoelectric heat pumps
5.7.2 ADJACENT TECHNOLOGY
5.7.2.1 Traditional heat pumps
5.8 TECHNOLOGY TRENDS
5.8.1 NEW MATERIALS USED FOR MANUFACTURING THERMOELECTRIC MODULES
5.8.2 MINIATURIZATION OF THERMOELECTRIC MODULES
5.9 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 THERMOELECTRIC MODULES MARKET: PORTER’S FIVE FORCES ANALYSIS
5.9.1 DEGREE OF COMPETITION
5.9.2 BARGAINING POWER OF SUPPLIERS
5.9.3 BARGAINING POWER OF BUYERS
5.9.4 THREAT FROM SUBSTITUTES
5.9.5 THREAT OF NEW ENTRANTS
5.10 CASE STUDIES
5.10.1 LAIRD THERMAL SYSTEMS USED THERMOELECTRIC MODULES FOR COOLING OPTICAL SENSORS
5.10.2 LAIRD THERMAL SYSTEMS USED THERMOELECTRIC MODULES FOR VISION SYSTEMS
5.10.3 LAIRD THERMAL SYSTEMS USED THERMOELECTRIC MODULES FOR PRESERVING MEDICAL REAGENTS
5.10.4 II-VI MARLOW SHOWCASED THERMOELECTRIC COOLER FOR THERMAL CYCLING
5.10.5 II-VI MARLOW SHOWCASED THERMOELECTRIC MODULES FOR ENERGY HARVESTING
5.10.6 CRYSTAL DEVELOPED PROTOTYPE FOR LABORATORY RESEARCH EQUIPMENT
5.10.7 MAHLE TESTING THERMOELECTRIC TECHNOLOGY IN AUTOMOTIVE APPLICATIONS
5.10.8 PHONONIC LEVERAGED THERMOELECTRIC TECHNOLOGY TO DEVELOP CPU COOLER
5.10.9 PHONONIC PROVIDED SOLID-STATE REFRIGERATION SOLUTIONS USING THERMOELECTRIC TECHNOLOGY
5.10.10 PHONONIC OFFERED THERMOELECTRIC FREEZERS TO CONVENIENCE STORES
5.11 TRADE ANALYSIS
5.11.1 TRADE DATA
FIGURE 23 IMPORT DATA FOR HS CODE 8418, BY COUNTRY, 2017–2021
FIGURE 24 EXPORT DATA FOR HS CODE 8418, BY COUNTRY, 2017–2021
5.12 PATENT ANALYSIS
FIGURE 25 NUMBER OF PATENTS GRANTED PER YEAR, 2012–2021
FIGURE 26 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 5 TOP 20 PATENT OWNERS IN LAST 10 YEARS
TABLE 6 LIST OF A FEW PATENTS IN THERMOELECTRIC MODULES MARKET, 2018–2021
5.13 TARIFFS AND REGULATIONS
5.13.1 TARIFFS RELATED TO THERMOELECTRIC MODULES
5.13.2 REGULATIONS
5.13.2.1 Europe
5.13.2.1.1 RoHS
5.13.2.2 US
5.13.2.2.1 Telcordia GR-468
5.13.2.2.2 ITAR
5.13.3 GLOBAL
5.13.3.1 Space qualifications
6 THERMOELECTRIC MODULES MARKET, BY MODEL
6.1 INTRODUCTION
FIGURE 27 MULTI-STAGE THERMOELECTRIC MODULES TO REGISTER HIGHER
CAGR DURING FORECAST PERIOD
TABLE 7 THERMOELECTRIC MODULES MARKET, BY MODEL, 2018–2021 (USD MILLION)
TABLE 8 THERMOELECTRIC MODULES MARKET, BY MODEL, 2022–2027 (USD MILLION)
6.2 SINGLE-STAGE
6.2.1 SINGLE-STAGE THERMOELECTRIC MODULES HAVE ONLY ONE STAGE
OR LAYER TO ACHIEVE STANDARD TEMPERATURE DIFFERENCES
6.3 MULTI-STAGE
6.3.1 MULTI-STAGE THERMOELECTRIC MODULES HAVE HIGH-TEMPERATURE DIFFERENTIALS BETWEEN HOT AND COLD SIDES OF MODULES
7 THERMOELECTRIC MODULES MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 28 MICRO THERMOELECTRIC MODULES TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 9 THERMOELECTRIC MODULES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 10 THERMOELECTRIC MODULES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 11 THERMOELECTRIC MODULES MARKET, BY TYPE, 2021–2027 (MILLION UNITS)
7.2 BULK THERMOELECTRIC MODULES
7.2.1 BULK THERMOELECTRIC MODULES HAVE HIGHER POWER OUTPUT AND VOLTAGE COMPARED TO OTHER MODULES
TABLE 12 BULK THERMOELECTRIC MODULES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 13 BULK THERMOELECTRIC MODULES MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3 MICRO THERMOELECTRIC MODULES
7.3.1 MICRO THERMOELECTRIC MODULES HELP IN REDUCING ENERGY CONSUMPTION OF ELECTRIC DEVICES
TABLE 14 MICRO THERMOELECTRIC MODULES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 15 MICRO THERMOELECTRIC MODULES MARKET, BY REGION, 2022–2027 (USD MILLION)
7.4 THIN-FILM THERMOELECTRIC MODULES
7.4.1 THESE MODULES PRODUCE MAXIMUM HEAT FLUX
TABLE 16 THIN-FILM THERMOELECTRIC MODULES MARKET, BY REGION,
2018–2021 (USD MILLION)
TABLE 17 THIN-FILM THERMOELECTRIC MODULES MARKET, BY REGION,
2022–2027 (USD MILLION)
8 THERMOELECTRIC MODULES MARKET, BY FUNCTIONALITY
8.1 INTRODUCTION
FIGURE 29 GENERAL-PURPOSE THERMOELECTRIC MODULES TO LEAD MARKET DURING FORECAST PERIOD
TABLE 18 THERMOELECTRIC MODULES MARKET, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 19 THERMOELECTRIC MODULES MARKET, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
8.2 GENERAL-PURPOSE
8.2.1 TELECOMMUNICATIONS TO REMAIN LARGEST APPLICATION OF GENERAL-PURPOSE THERMOELECTRIC MODULES
TABLE 20 GENERAL-PURPOSE THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 21 GENERAL-PURPOSE THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
8.3 DEEP COOLING
8.3.1 CONSUMER ELECTRONICS TO REMAIN LARGEST END USER OF DEEP COOLING THERMOELECTRIC MODULES
TABLE 22 DEEP COOLING THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 23 DEEP COOLING THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
9 THERMOELECTRIC MODULES MARKET, BY OFFERING
9.1 INTRODUCTION
FIGURE 30 HARDWARE COMPONENT TO HOLD LARGER SHARE OF MARKET THROUGHOUT FORECAST PERIOD
TABLE 24 THERMOELECTRIC MODULES MARKET, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 25 THERMOELECTRIC MODULES MARKET, BY OFFERING, 2022–2027 (USD MILLION)
9.2 HARDWARE
9.2.1 HARDWARE OF THERMOELECTRIC MODULES INCLUDES VARIOUS ELEMENTS AND COMPONENTS THAT WORK AS A UNIT
9.3 SERVICES
9.3.1 SERVICES INCLUDE PROTOTYPING, DESIGNING, ENGINEERING, TESTING, AND COMPLIANCE
10 THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION
10.1 INTRODUCTION
FIGURE 31 THERMOELECTRIC MODULES MARKET TO REGISTER HIGHEST CAGR
IN AUTOMOTIVE APPLICATION DURING FORECAST PERIOD
TABLE 26 THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION,
2018–2021 (USD MILLION)
TABLE 27 THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION,
2022–2027 (USD MILLION)
10.2 CONSUMER ELECTRONICS
10.2.1 CONSUMER ELECTRONICS HELD LARGEST SHARE OF THERMOELECTRIC MODULES MARKET
TABLE 28 THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS,
BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 29 THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS,
BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 30 THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2018–2021 (USD MILLION)
TABLE 31 THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2022–2027 (USD MILLION)
TABLE 32 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS , BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 33 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 34 EUROPE: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 35 EUROPE: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 36 APAC: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 37 APAC: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 38 ROW: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2018–2021 (USD MILLION)
TABLE 39 ROW: THERMOELECTRIC MODULES MARKET IN CONSUMER ELECTRONICS, BY REGION, 2022–2027 (USD MILLION)
10.3 INDUSTRIAL
10.3.1 USE OF THERMOELECTRIC MODULES IN FOOD & BEVERAGES INDUSTRY DRIVING OVERALL MARKET
TABLE 40 THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 41 THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 42 THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 43 THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY REGION, 2022–2027 (USD MILLION)
TABLE 44 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 45 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 46 EUROPE: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 47 EUROPE: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 48 APAC: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 49 APAC: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 50 ROW: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY REGION, 2018–2021 (USD MILLION)
TABLE 51 ROW: THERMOELECTRIC MODULES MARKET IN INDUSTRIAL, BY REGION, 2022–2027 (USD MILLION)
10.4 TELECOMMUNICATIONS
10.4.1 APAC TO ACCOUNT FOR LARGEST MARKET SHARE IN TELECOMMUNICATIONS APPLICATION DURING FORECAST PERIOD
TABLE 52 THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 53 THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 54 THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY REGION, 2018–2021 (USD MILLION)
TABLE 55 THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY REGION, 2022–2027 (USD MILLION)
TABLE 56 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 57 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 58 EUROPE: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 59 EUROPE: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 60 APAC: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS,
BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 61 APAC: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS,
BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 62 ROW: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY REGION, 2018–2021 (USD MILLION)
TABLE 63 ROW: THERMOELECTRIC MODULES MARKET IN TELECOMMUNICATIONS, BY REGION, 2022–2027 (USD MILLION)
10.5 AUTOMOTIVE
10.5.1 MARKET IN AUTOMOTIVE APPLICATION TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD
TABLE 64 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 65 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 66 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY REGION,
2018–2021 (USD MILLION)
TABLE 67 THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY REGION,
2022–2027 (USD MILLION)
TABLE 68 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 69 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 70 EUROPE: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 71 EUROPE: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 72 APAC: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 73 APAC: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 74 ROW: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY REGION, 2018–2021 (USD MILLION)
TABLE 75 ROW: THERMOELECTRIC MODULES MARKET IN AUTOMOTIVE, BY REGION, 2022–2027 (USD MILLION)
10.6 MEDICAL & LABORATORIES
10.6.1 NEED FOR TEMPERATURE STABILIZATION BOOSTING DEMAND FOR THERMOELECTRIC MODULES IN MEDICAL & LABORATORIES
TABLE 76 THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES,
BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 77 THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES,
BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 78 THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY REGION, 2018–2021 (USD MILLION)
TABLE 79 THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY REGION, 2022–2027 (USD MILLION)
TABLE 80 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN MEDICAL
& LABORATORIES, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 81 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN MEDICAL
& LABORATORIES, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 82 EUROPE: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 83 EUROPE: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 84 APAC: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 85 APAC: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 86 ROW: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY REGION, 2018–2021 (USD MILLION)
TABLE 87 ROW: THERMOELECTRIC MODULES MARKET IN MEDICAL & LABORATORIES, BY REGION, 2022–2027 (USD MILLION)
10.7 AEROSPACE & DEFENSE
10.7.1 MARLOW AND RMT ARE AMONG KEY COMPANIES CATERING TO DEMAND IN AEROSPACE & DEFENSE APPLICATION
TABLE 88 THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 89 THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 90 THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2018–2021 (USD MILLION)
TABLE 91 THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2022–2027 (USD MILLION)
TABLE 92 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN AEROSPACE
& DEFENSE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 93 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN AEROSPACE
& DEFENSE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 94 EUROPE: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 95 EUROPE: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 96 APAC: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE,
BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 97 APAC: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE,
BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 98 ROW: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2018–2021 (USD MILLION)
TABLE 99 ROW: THERMOELECTRIC MODULES MARKET IN AEROSPACE & DEFENSE, BY REGION, 2022–2027 (USD MILLION)
10.8 OIL & GAS AND MINING
10.8.1 THERMOELECTRIC MODULES USED IN GAS ANALYZERS, METERING EQUIPMENT, AND REMOTE TELEMETRY UNITS
TABLE 100 THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY FUNCTIONALITY, 2018–2021 (USD MILLION)
TABLE 101 THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY FUNCTIONALITY, 2022–2027 (USD MILLION)
TABLE 102 THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY REGION, 2018–2021 (USD MILLION)
TABLE 103 THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY REGION, 2022–2027 (USD MILLION)
TABLE 104 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 105 NORTH AMERICA: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 106 EUROPE: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 107 EUROPE: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 108 APAC: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 109 APAC: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING,
BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 110 ROW: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY REGION, 2018–2021 (USD MILLION)
TABLE 111 ROW: THERMOELECTRIC MODULES MARKET IN OIL & GAS AND MINING, BY REGION, 2022–2027 (USD MILLION)
11 GEOGRAPHIC ANALYSIS
11.1 INTRODUCTION
FIGURE 32 THERMOELECTRIC MODULES MARKET IN APAC TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 112 THERMOELECTRIC MODULES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 113 THERMOELECTRIC MODULES MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 114 THERMOELECTRIC MODULES MARKET, BY REGION, 2021–2027 (MILLION UNITS)
11.2 NORTH AMERICA
FIGURE 33 NORTH AMERICA: THERMOELECTRIC MODULES MARKET SNAPSHOT
TABLE 115 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 116 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
TABLE 117 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY TYPE,
2018–2021 (USD MILLION)
TABLE 118 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY TYPE,
2022–2027 (USD MILLION)
TABLE 119 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 120 NORTH AMERICA: THERMOELECTRIC MODULES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
11.2.1 US
11.2.1.1 Industrial clusters using thermoelectric modules to improve efficiency and provide clean energy
11.2.2 CANADA
11.2.2.1 Industrial and automotive applications driving growth of thermoelectric modules market in Canada
11.2.3 MEXICO
11.2.3.1 Growing automotive and industrial applications driving thermoelectric modules
11.3 EUROPE
FIGURE 34 EUROPE: THERMOELECTRIC MODULES MARKET SNAPSHOT
TABLE 121 EUROPE: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 122 EUROPE: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
TABLE 123 EUROPE: THERMOELECTRIC MODULES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 124 EUROPE: THERMOELECTRIC MODULES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 125 EUROPE: THERMOELECTRIC MODULES MARKET, BY COUNTRY,
2018–2021 (USD MILLION)
TABLE 126 EUROPE: THERMOELECTRIC MODULES MARKET, BY COUNTRY,
2022–2027 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 Germany estimated to hold largest share of thermoelectric modules market in Europe
11.3.2 UK
11.3.2.1 Growing industrial and automotive sectors to drive market in UK
11.3.3 FRANCE
11.3.3.1 Government incentives to reduce emissions to boost market growth in France
11.3.4 ITALY
11.3.4.1 Presence of luxury and high-performance automotive manufacturers to drive market in Italy
11.3.5 REST OF EUROPE
11.4 ASIA PACIFIC
FIGURE 35 APAC: THERMOELECTRIC MODULES MARKET SNAPSHOT
TABLE 127 APAC: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 128 APAC: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
TABLE 129 APAC: THERMOELECTRIC MODULES MARKET , BY TYPE, 2018–2021 (USD MILLION)
TABLE 130 APAC: THERMOELECTRIC MODULES MARKET , BY TYPE, 2022–2027 (USD MILLION)
TABLE 131 APAC: THERMOELECTRIC MODULES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 132 APAC: THERMOELECTRIC MODULES MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
11.4.1 CHINA
11.4.1.1 China to hold largest share of thermoelectric modules market in APAC during forecast period
11.4.2 JAPAN
11.4.2.1 Consumer electronics market driving growth of thermoelectric modules in Japan
11.4.3 SOUTH KOREA
11.4.3.1 Thermoelectric modules market in South Korea dominated by telecommunications and automotive applications
11.4.4 REST OF APAC
11.5 ROW
TABLE 133 ROW: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2018–2021 (USD MILLION)
TABLE 134 ROW: THERMOELECTRIC MODULES MARKET, BY END-USE APPLICATION, 2022–2027 (USD MILLION)
TABLE 135 ROW: THERMOELECTRIC MODULES MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 136 ROW: THERMOELECTRIC MODULES MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 137 ROW: THERMOELECTRIC MODULES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 138 ROW: THERMOELECTRIC MODULES MARKET, BY REGION, 2022–2027 (USD MILLION)
11.5.1 SOUTH AMERICA
11.5.1.1 South America to hold larger share of thermoelectric modules
market in RoW
11.5.2 MIDDLE EAST & AFRICA
11.5.2.1 Oil & gas industry to drive adoption of thermoelectric modules in Middle East
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 139 OVERVIEW OF STRATEGIES ADOPTED BY KEY THERMOELECTRIC MODULE MANUFACTURERS
12.3 REVENUE ANALYSIS OF TOP COMPANIES
FIGURE 36 REVENUE ANALYSIS OF TOP FIVE PLAYERS IN THERMOELECTRIC MODULES MARKET
12.4 MARKET SHARE ANALYSIS: THERMOELECTRIC MODULES MARKET, 2021
TABLE 140 THERMOELECTRIC MODULES MARKET: DEGREE OF COMPETITION, 2021
12.5 COMPANY EVALUATION QUADRANT
12.5.1 STARS
12.5.2 EMERGING LEADERS
12.5.3 PERVASIVE COMPANIES
12.5.4 PARTICIPANTS
FIGURE 37 THERMOELECTRIC MODULES MARKET: COMPANY EVALUATION
QUADRANT, 2021
12.6 START-UPS/SMALL- AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2021
TABLE 141 LIST OF START-UPS IN THERMOELECTRIC MODULES MARKET
12.6.1 PROGRESSIVE COMPANIES
12.6.2 RESPONSIVE COMPANIES
12.6.3 DYNAMIC COMPANIES
12.6.4 STARTING BLOCKS
FIGURE 38 THERMOELECTRIC MODULES MARKET, START-UPS/SMES EVALUATION QUADRANT, 2021
12.7 COMPANY FOOTPRINT
TABLE 142 OVERALL COMPANY FOOTPRINT
TABLE 143 COMPANY PRODUCT TYPE FOOTPRINT
TABLE 144 COMPANY END-USE APPLICATION FOOTPRINT
TABLE 145 COMPANY REGION FOOTPRINT
12.8 COMPETITIVE SCENARIO
12.8.1 PRODUCT LAUNCHES
TABLE 146 PRODUCT LAUNCHES, 2019–2022
12.8.2 DEALS
TABLE 147 DEALS, 2019–2022
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
13.1.1 FERROTEC
TABLE 148 FERROTEC: BUSINESS OVERVIEW
FIGURE 39 FERROTEC: COMPANY SNAPSHOT
13.1.2 LAIRD THERMAL SYSTEMS
TABLE 149 LAIRD THERMAL SYSTEMS: BUSINESS OVERVIEW
13.1.3 II-VI INCORPORATED
TABLE 150 II-VI INCORPORATED: BUSINESS OVERVIEW
FIGURE 40 II-VI INCORPORATED: COMPANY SNAPSHOT
13.1.4 KELK
TABLE 151 KELK: BUSINESS OVERVIEW
13.1.5 GUANGDONG FUXIN TECHNOLOGY
TABLE 152 GUANGDONG FUXIN TECHNOLOGY: BUSINESS OVERVIEW
13.1.6 TE TECHNOLOGY
TABLE 153 TE TECHNOLOGY: BUSINESS OVERVIEW
13.1.7 TEC MICROSYSTEMS
TABLE 154 TEC MICROSYSTEMS: BUSINESS OVERVIEW
13.1.8 CRYSTAL
TABLE 155 CRYSTAL: BUSINESS OVERVIEW
13.1.9 KRYOTHERM
TABLE 156 KRYOTHERM: BUSINESS OVERVIEW
13.1.10 THERMION COMPANY
TABLE 157 THERMION COMPANY: BUSINESS OVERVIEW
13.1.11 Z-MAX
TABLE 158 Z-MAX: BUSINESS OVERVIEW
13.1.12 PHONONIC
TABLE 159 PHONONIC: BUSINESS OVERVIEW
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13.2 OTHER KEY PLAYERS
13.2.1 ALIGN SOURCING
13.2.2 EVERREDTRONICS
13.2.3 HITECH TECHNOLOGIES
13.2.4 HI-Z TECHNOLOGY
13.2.5 HUI MAO
13.2.6 INHECO INDUSTRIAL HEATING & COOLING
13.2.7 KJLP (SHENZHEN) ELECTRONICS
13.2.8 KYOCERA CORPORATION
13.2.9 MERIT TECHNOLOGY GROUP
13.2.10 P&N TECHNOLOGY
13.2.11 THERMONAMIC ELECTRONICS
13.2.12 WELLEN TECHNOLOGY
13.2.13 XIAMEN HICOOL ELECTRONICS
14 ADJACENT & RELATED MARKETS
14.1 INTRODUCTION
14.2 LIMITATIONS
14.3 ENERGY HARVESTING MARKET, BY COMPONENT
TABLE 160 ENERGY HARVESTING SYSTEM MARKET, BY COMPONENT, 2018–2020 (USD MILLION)
TABLE 161 ENERGY HARVESTING SYSTEM MARKET, BY COMPONENT, 2021–2026 (USD MILLION)
14.4 TRANSDUCERS
14.4.1 PHOTOVOLTAICS
14.4.1.1 Photovoltaic transducers market driven by building automation, consumer electronics, and transportation applications
14.4.2 ELECTRODYNAMIC, PIEZOELECTRIC, AND ELECTROMAGNETIC
14.4.2.1 Electrodynamics
14.4.2.1.1 Electrodynamic systems used in harsh conditions, such as centrifugal acceleration, high axial and radial static displacement, and tilting movement
14.4.2.2 Piezoelectric
14.4.2.2.1 Piezoelectric energy harvesters used in switches, boots, and other small equipment that provide pressure and strain
14.4.2.3 Electromagnetic
14.4.2.3.1 Electromagnetic transducers can be installed in rail tracks, bridges, helicopter dampers, and car suspensions
14.4.3 THERMOELECTRIC
14.4.3.1 Thermoelectric transducers are mainly used for energy harvesting in industries and automobiles
14.4.4 RADIOFREQUENCY (RF) TRANSDUCERS
14.4.4.1 RF transducers predominantly used in switches, fitness trackers, smartwatches, wireless charging headphones, smart cards, and RFID tags
TABLE 162 ENERGY HARVESTING SYSTEM MARKET FOR TRANSDUCERS, BY TYPE, 2018–2020 (USD MILLION)
TABLE 163 ENERGY HARVESTING SYSTEM MARKET FOR TRANSDUCERS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 164 ENERGY HARVESTING SYSTEM MARKET FOR TRANSDUCERS, BY TECHNOLOGY, 2018–2020 (USD MILLION)
TABLE 165 ENERGY HARVESTING SYSTEM MARKET FOR TRANSDUCERS, BY TECHNOLOGY, 2021–2026 (USD MILLION)
14.5 POWER MANAGEMENT INTEGRATED CIRCUITS
14.5.1 PMIC PLAYS CRUCIAL ROLE IN MANAGEMENT OF POWER GENERATED THROUGH ENERGY-HARVESTING DEVICES
TABLE 166 ENERGY HARVESTING SYSTEM MARKET FOR PMICS, BY TECHNOLOGY, 2018–2020 (USD THOUSAND)
TABLE 167 ENERGY HARVESTING SYSTEM MARKET FOR PMICS, BY TECHNOLOGY, 2021–2026 (USD THOUSAND)
14.6 SECONDARY BATTERIES
14.6.1 LITHIUM-ION BATTERIES MAINLY USED AS SECONDARY BATTERIES IN ENERGY-HARVESTING SYSTEMS
TABLE 168 ENERGY HARVESTING SYSTEM MARKET FOR SECONDARY BATTERIES, BY TYPE, 2018–2020 (USD MILLION)
TABLE 169 ENERGY HARVESTING SYSTEM MARKET FOR SECONDARY BATTERIES, BY TYPE, 2021–2026 (USD MILLION)
TABLE 170 ENERGY HARVESTING SYSTEM MARKET FOR SECONDARY BATTERIES, BY TECHNOLOGY, 2018–2020 (USD MILLION)
TABLE 171 ENERGY HARVESTING SYSTEM MARKET FOR SECONDARY BATTERIES, BY TECHNOLOGY, 2021–2026 (USD MILLION)
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
