Thermoelectric Modules Market, By Model (Single Stage, Multi-Stage), Type (Bulk, Micro, Thin Film), Functionality (General Purpose, Deep Cooling), End-Use Application, and Geography (North America, Europe, Asia-Pacific, Middle East, and Africa and South America)
The Thermoelectric Modules market is projected to grow from USD 593.9 million in 2021 to USD 870.9 million by 2026 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.4% from 2021 to 2028.
Various types of thermoelectric modules based are being deployed worldwide, from bulk thermoelectric modules to thin-film thermoelectric modules. Micro thermoelectric modules are being widely deployed in telecommunications equipment due to size constraints and these are some of the factors that have supported long-term expansion for the Thermoelectric Modules Market
Thermoelectric Modules Market is segmented into a model, type, functionality, end-use application, offering, and geography.
The model segment is segmented into single-stage and multi-stage.
The type segment is segmented into bulk thermoelectric modules, micro thermoelectric modules, thin-film, and thermoelectric modules.
The functionality segment is segmented into general purpose and deep cooling.
The end-use application segment is segmented into consumer electronics, industrial, telecommunication, automotive, medical & laboratories, aerospace & defense, and oil and gas & mining.
The offering segment is segmented into hardware and services.
Geographically, Thermoelectric Modules Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa and South America, and insights are provided for each region and major countries within the regions
Key players in Thermoelectric Modules Market are Ferrotec (US), II-VI Incorporated (US), KELK (Japan), Laird Thermal Systems (US), Guangdong Fuxin Technology (China), TE Technology (US), Phononic (US), INHECO Industrial Heating & Cooling (Germany), TEC Microsystems (Germany), Crystal (Russia), Kryotherm (Russia), Z-Max (Japan), Kyocera Corporation (Japan), Align Sourcing (US), Hitech Technologies (US), Hi-Z Technology (US), Merit Technology Group (China), KJLP ELECTRONICS (China), P&N Technology (China), Thermodynamic Electronics (China), Hui Mao (China), Wellen Technology (China), and Xiamen HIcool Electronics (China)
Report Feature |
Descriptions |
---|---|
Market Revenue In 2021 |
USD 593.9 million |
Growth Rate |
CAGR of 8.2% during the forecasting period, 2021-2026 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
Model, type, functionality, end-use application, offering, and geography. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Ferrotec (US), II-VI Incorporated (US), KELK (Japan), Laird Thermal Systems (US), Guangdong Fuxin Technology (China), TE Technology (US), Phononic (US), INHECO Industrial Heating & Cooling (Germany), TEC Microsystems (Germany), Crystal (Russia), Kryotherm (Russia), Z-Max (Japan), Kyocera Corporation (Japan), Align Sourcing (US), Hitech Technologies (US), Hi-Z Technology (US), Merit Technology Group (China), KJLP ELECTRONICS (China), P&N Technology (China), Thermodynamic Electronics (China), Hui Mao (China), Wellen Technology (China), and Xiamen HIcool Electronics (China) |
Available Customization |
In addition to the market data for Thermoelectric Modules Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement. |