Thermoelectric Module Market Size

  • 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 Size

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

The growth of the market is thriving on the back of the increasing adoption rate of thermoelectric modules globally, backed by the launch of new eco-friendly products, followed by the innovative technological advancements and developments in the thermoelectric modules. Moreover, increasing product miniaturization, coupled with the development of several micro devices, such as microcontrollers, microprocessors, microsensors and micro instruments and the increasing research and development activities by the key players for the development of advanced thermoelectric modules are some of the factors anticipated to promote towards the growth of the global thermoelectric module market.


Thermoelectric Module Market Graph
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


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
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample