Thermoelectric Module Industry - Regional Synopsis
Asia Pacific industry is likely to account for largest revenue share of 41% by 2037, Asia Pacific industry is predicted to account for largest revenue share of 41% by 2037. On the other hand, the market in the region is anticipated to gain an incremental $ opportunity of USD 17.96 million in the year 2020 as compared to the previous year and further reach a market value of USD 584.22 million by the end of 2028.
Moreover, the market in Europe is anticipated to gain a significant market share by growing at a CAGR of 8.62% throughout the forecast period. The thermoelectric module market in the region is further anticipated to gain an incremental $ opportunity of USD 9.29 million in the year 2020 as compared to the previous year.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of thermoelectric module is evaluated at USD 673.74 million.
Thermoelectric Module Market size was valued at USD 614.22 million in 2024 and is expected to reach USD 2.49 billion by 2037, expanding at around 11.4% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is likely to account for largest revenue share of 41% by 2037, Asia Pacific industry is predicted to account for largest revenue share of 41% by 2037
The major players in the market are Kryotherm, Crystal Ltd., Komatsu Ltd., Ferrotec (USA) Corporation, Guangdong Fuxin Technology Co., Ltd., KYOCERA Corporation, Laird Thermal Systems, RMT Ltd., TE Technology, Inc. and TEC Mic
