Thermoelectric Module Market Share

  • Report ID: 2568
  • Published Date: Oct 15, 2024
  • Report Format: PDF, PPT

Global Thermoelectric Module Market

1. Introduction

1.1. Market Definition

1.2. Market Segmentation

2. Research Methodology

2.1. Variables (Dependent and Independent)

2.2. Multi Factor Based Sensitivity Model

3. Executive Summary- Global Thermoelectric Module Market

4. Market Dynamics

4.1. Drivers

4.2. Challenges

4.3. Opportunities

4.4. Trends

5. Impact analysis of COVID-19 on the Global Market

6. Regulatory and Standards Landscape

7. Analysis of Segment-based Opportunities

8. Analysis of Major Application of Thermoelectric Modules

9. Global Thermoelectric Module Market Outlook

9.1. Market Size and Forecast, 2019-2028

9.1.1. By Value (USD Million)

9.1.2  By Volume (Million Units)

By Type

• Micro Modules, 2019-2028F (USD Million)

• Thin-Film Modules, 2019-2028F (USD Million)

• Bulk Modules, 2019-2028F (USD Million)

By Model

• Single-Stage, 2019-2028F (USD Million)

• Multi-Stage, 2019-2028F (USD Million)

By Functionality

• Deep Cooling Modules, 2019-2028F (USD Million)

• Power Generation Modules, 2019-2028F (USD Million)

By End-User

• Telecommunication, 2019-2028F (USD Million)

• By Application

• Transmission Lasers, 2019-2028F (USD Million)

• IOT Communication Equipment, 2019-2028F (USD Million)

• Others, 2019-2028F (USD Million)

• Industrial, 2019-2028F (USD Million)

• By Application

• Machine/Electric Tools, 2019-2028F (USD Million)

• Temperature Control Chambers, 2019-2028F (USD Million)

• Cleaning Equipment, 2019-2028F (USD Million)

• Microprocessor & Robotics, 2019-2028F (USD Million)

• Others, 2019-2028F (USD Million)

• Consumer Electronics, 2019-2028F (USD Million)

• By Application

• Smartphone/Cellphone, 2019-2028F (USD Million)

• Wearable Device, 2019-2028F (USD Million)

• GPS Tracker, 2019-2028F (USD Million)

• Power Storage Systems, 2019-2028F (USD Million)

• Others, 2019-2028F (USD Million)

• Automotive, 2019-2028F (USD Million)

• By Application

• Battery Thermal Management, 2019-2028F (USD Million)

• Seat Cooling, 2019-2028F (USD Million)

• Head-up Display, 2019-2028F (USD Million)

• Cabin Heating, 2019-2028F (USD Million)

• Power Electronics, 2019-2028F (USD Million)

• Others, 2019-2028F (USD Million)

• Energy & Power, 2019-2028F (USD Million)

• By Application

• Solar Power Generation Systems, 2019-2028F (USD Million)

• Home Heating Systems, 2019-2028F (USD Million)

• Building Automation, 2019-2028F (USD Million)

• Others, 2019-2028F (USD Million)

• Medical Device & Instruments, 2019-2028F (USD Million)

• By Application

• Temperature Control Chambers/Incubators, 2019-2028F (USD Million)

• Thermocycler, 2019-2028F (USD Million)

• Scientific Research, 2019-2028F (USD Million)

• Others, 2019-2028F (USD Million)

• Aerospace & Defense, 2019-2028F (USD Million)

• By Application

• Shuttle Refrigerators/ Freezers, 2019-2028F (USD Million)

• Shuttle Navigation, 2019-2028F (USD Million)

• Guidance Systems, 2019-2028F (USD Million)

• Others, 2019-2028F (USD Million)

• Oil & Gas, Mining, 2019-2028F (USD Million)

• Other Application, 2019-2028F (USD Million)

By Region

• North America, 2019-2028F (USD Million)

• Europe, 2019-2028F (USD Million)

• Asia-Pacific, 2019-2028F (USD Million)

• Latin America, 2019-2028F (USD Million)

• Middle East & Africa, 2019-2028F (USD Million)

10. North America Thermoelectric Module Market Outlook

10.1. Assessment of Macroeconomic Factors

10.2. Assessment of End-use Industry

10.3. Demand-Supply Analysis

10.4. Market Size and Forecast, 2019-20278

10.1.1. By Value (USD Million)

10.1.2 By Volume (Million Units)

By Type

• Micro Modules, 2019-2028F (USD Million)

• Thin-Film Modules, 2019-2028F (USD Million)

• Bulk Modules, 2019-2028F (USD Million)

By Model

• Single-Stage, 2019-2028F (USD Million)

• Multi-Stage, 2019-2028F (USD Million)

By Functionality

• Deep Cooling Modules, 2019-2028F (USD Million)

• Power Generation Modules, 2019-2028F (USD Million)

By End-User

• Telecommunication, 2019-2028F (USD Million)

• Industrial, 2019-2028F (USD Million)

• Consumer Electronics, 2019-2028F (USD Million)

• Automotive, 2019-2028F (USD Million)

• Energy & Power, 2019-2028F (USD Million)

• Medical Device & Instruments, 2019-2028F (USD Million)

• Aerospace & Defense, 2019-2028F (USD Million)

• Oil & Gas, Mining, 2019-2028F (USD Million)

• Other Application, 2019-2028F (USD Million)

By Country

• U.S., 2019-2028F (USD Million)

• Canada, 2019-2028F (USD Million)

11. Europe Thermoelectric Module Market Outlook

11.1. Assessment of Macroeconomic Factors

11.2. Assessment of End-use industry

11.3. Demand-Supply Analysis

11.4. Market Size and Forecast, 2019-2028

11.1.1. By Value (USD Million)

11.1.2 By Volume (Million Units)

By Type

• Micro Modules, 2019-2028F (USD Million)

• Thin-Film Modules, 2019-2028F (USD Million)

• Bulk Modules, 2019-2028F (USD Million)

By Model

• Single-Stage, 2019-2028F (USD Million)

• Multi-Stage, 2019-2028F (USD Million)

By Functionality

• Deep Cooling Modules, 2019-2028F (USD Million)

• Power Generation Modules, 2019-2028F (USD Million)

By End-User

• Telecommunication, 2019-2028F (USD Million)

• Industrial, 2019-2028F (USD Million)

• Consumer Electronics, 2019-2028F (USD Million)

• Automotive, 2019-2028F (USD Million)

• Energy & Power, 2019-2028F (USD Million)

• Medical Device & Instruments, 2019-2028F (USD Million)

• Aerospace & Defense, 2019-2028F (USD Million)

• Oil & Gas, Mining, 2019-2028F (USD Million)

• Other Application, 2019-2028F (USD Million)

By Country

• UK, 2019-2028F (USD Million)

• Germany, 2019-2028F (USD Million)

• Italy, 2019-2028F (USD Million)

• France, 2019-2028F (USD Million)

• Spain, 2019-2028F (USD Million)

• Russia, 2019-2028F (USD Million)

• Rest of Europe, 2019-2028F (USD Million)

12. Asia Pacific Thermoelectric Module Market Outlook

12.1. Assessment of Macroeconomic Factors

12.2. Assessment of End-use industry

12.3. Demand-Supply Analysis

12.4. Market Size and Forecast, 2019-2028

12.1.1. By Value (USD Million)

12.1.2 By Volume (Million Units)

By Type

• Micro Modules, 2019-2028F (USD Million)

• Thin-Film Modules, 2019-2028F (USD Million)

• Bulk Modules, 2019-2028F (USD Million)

By Model

• Single-Stage, 2019-2028F (USD Million)

• Multi-Stage, 2019-2028F (USD Million)

By Functionality

• Deep Cooling Modules, 2019-2028F (USD Million)

• Power Generation Modules, 2019-2028F (USD Million)

By End-User

• Telecommunication, 2019-2028F (USD Million)

• Industrial, 2019-2028F (USD Million)

• Consumer Electronics, 2019-2028F (USD Million)

• Automotive, 2019-2028F (USD Million)

• Energy & Power, 2019-2028F (USD Million)

• Medical Device & Instruments, 2019-2028F (USD Million)

• Aerospace & Defense, 2019-2028F (USD Million)

• Oil & Gas, Mining, 2019-2028F (USD Million)

• Other Application, 2019-2028F (USD Million)

By Country

• China, 2019-2028F (USD Million)

• India, 2019-2028F (USD Million)

• Japan, 2019-2028F (USD Million)

• South Korea, 2019-2028F (USD Million)

• Singapore, 2019-2028F (USD Million)

• Malaysia, 2019-2028F (USD Million)

• Thailand, 2019-2028F (USD Million)

• Rest of Asia Pacific, 2019-2028F (USD Million)

13. Latin America Thermoelectric Module Market Outlook

13.1. Assessment of Macroeconomic Factors

13.2. Assessment of End-use industry

13.3. Demand-Supply Analysis

13.4. Market Size and Forecast, 2019-2028

13.1.1. By Value (USD Million)

13.1.2 By Volume (Million Units)

By Type

• Micro Modules, 2019-2028F (USD Million)

• Thin-Film Modules, 2019-2028F (USD Million)

• Bulk Modules, 2019-2028F (USD Million)

By Model

• Single-Stage, 2019-2028F (USD Million)

• Multi-Stage, 2019-2028F (USD Million)

By Functionality

• Deep Cooling Modules, 2019-2028F (USD Million)

• Power Generation Modules, 2019-2028F (USD Million)

By End-User

• Telecommunication, 2019-2028F (USD Million)

• Industrial, 2019-2028F (USD Million)

• Consumer Electronics, 2019-2028F (USD Million)

• Automotive, 2019-2028F (USD Million)

• Energy & Power, 2019-2028F (USD Million)

• Medical Device & Instruments, 2019-2028F (USD Million)

• Aerospace & Defense, 2019-2028F (USD Million)

• Oil & Gas, Mining, 2019-2028F (USD Million)

• Other Application, 2019-2028F (USD Million)

By Country

• Brazil, 2019-2028F (USD Million)

• Mexico, 2019-2028F (USD Million)

• Argentina, 2019-2028F (USD Million)

• Rest of Latin America, 2019-2028F (USD Million)

14. Middle East & Africa Thermoelectric Module Market Outlook

14.1. Assessment of Macroeconomic Factors

14.2. Assessment of End-use industry

14.3. Demand-Supply Analysis

14.4. Market Size and Forecast, 2019-2028

14.1.1. By Value (USD Million)

14.1.2 By Volume (Million Units)

By Type

• Micro Modules, 2019-2028F (USD Million)

• Thin-Film Modules, 2019-2028F (USD Million)

• Bulk Modules, 2019-2028F (USD Million)

By Model

• Single-Stage, 2019-2028F (USD Million)

• Multi-Stage, 2019-2028F (USD Million)

By Functionality

• Deep Cooling Modules, 2019-2028F (USD Million)

• Power Generation Modules, 2019-2028F (USD Million)

By End-User

• Telecommunication, 2019-2028F (USD Million)

• Industrial, 2019-2028F (USD Million)

• Consumer Electronics, 2019-2028F (USD Million)

• Automotive, 2019-2028F (USD Million)

• Energy & Power, 2019-2028F (USD Million)

• Medical Device & Instruments, 2019-2028F (USD Million)

• Aerospace & Defense, 2019-2028F (USD Million)

• Oil & Gas, Mining, 2019-2028F (USD Million)

• Other Application, 2019-2028F (USD Million)

By Country

• Israel, 2019-2028F (USD Million)

• GCC, 2019-2028F (USD Million)

• Iran, 2019-2028F (USD Million)

• South Africa, 2019-2028F (USD Million)

• Rest of Middle East & Africa, 2019-2028F (USD Million)

15.Competitive Landscape

• Kryotherm

• Komatsu Ltd. (KELK Ltd.)

• Crystal Ltd.

• Ferrotec (USA) Corporation

• Guangdong Fuxin Technology Co. Ltd.

• Kyocera Corporation

• Laird Thermal Systems

• RMT Ltd.

• TE Technology

• TEC Microsystems GmbH

• Thermion Company

• Thermonamic Electronics (Jiangxi) Corporation


Thermoelectric Module Market Share

The global thermoelectric module market is segmented by regions into North America, Latin America, Europe, Asia Pacific and Middle East and Africa. Among these regions, the market of Asia Pacific industry is predicted to account for largest revenue share of 41% by 2036. 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.

Research Nester
Thermoelectric-Module-Market
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Author Credits:  Abhishek Verma


  • Report ID: 2568
  • Published Date: Oct 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of thermoelectric module is evaluated at USD 601.64 million.

Thermoelectric Module Market size was over USD 551.36 million in 2023 and is poised to exceed USD 2.24 billion by 2036, witnessing over 11.4% CAGR during the forecast period i.e., between 2024-2036.

Asia Pacific industry is predicted to account for largest revenue share of 41% by 2036

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
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