Product Code: VMR11218692
The global demand for Thermoelectric Modules Market is presumed to reach the market size of nearly USD 1649 MN by 2030 from USD 648.97 MN in 2022 with a CAGR of 10.92% under the study period of 2023 - 2030.
Thermoelectric modules refer to a semiconductor-based electronic device that functions as a small heat pump and transfers heat from one side to another side of the device. Thermoelectric modules can instantly cool and warm an object by generating temperature differentials. Thermoelectric modules are also known as peltier coolers or thermoelectric coolers.
MARKET DYNAMICS:
The increase in the sales of consumer electronics globally acts as one of the major factors driving the market growth. Also, the demand for owning the simultaneous heating and cooling properties of TEMs increases the demand for several applications and accelerates the market growth. Moreover, thermoelectric modules are increasingly being adopted across industry verticals owing to their advantages such as high reliability, scalability, compact size, environment friendliness, and noise-free and vibration-free operation. Furthermore, the fast-growing electric vehicles market is also driving the market growth owing to the utilization of these modules in various functions of electric vehicles, such as control of car seat temperatures and maintaining the temperature of a car's battery-operated system. In addition, with the increasing technological advancements and rapid development of the healthcare industry, the demand for thermoelectric modules has increased, thus, aiding the industry globally. However, thermoelectric modules' high costs and design complexities may obstruct market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of thermoelectric modules. The growth and trends of Thermoelectric Modules Industry provide a holistic approach to this study.
MARKET SEGMENTATION:
This section of the thermoelectric modules market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Model
By Type
- Bulk Thermoelectric Modules
- Micro Thermoelectric Modules
- Thin Film Thermoelectric Modules
By Functionality
- General Purpose
- Deep Cooling
By End-Use Application
- Consumer Electronics
- Industrial
- Telecommunications
- Autmomotive
- Medical & Laboratories
- Aerospace & Defense
- Oil & Gas And Mining
By Offering
REGIONAL ANALYSIS:
This section covers the regional outlook, which accentuates current and future demand for the Thermoelectric Modules market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Thermoelectric Modules market include Ferrotec (Japan), Laird Thermal Systems (US), II-VI Incorporated (US), Kelk (Japan), Guangdong Fuxin Technology (China), TE Technology (US), TEC Microsystems (Germany), Crystal (Russia), Kryotherm (Russia), and Phononic (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . THERMOELECTRIC MODULES - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Model
- 3.7.2 Market Attractiveness Analysis By Type
- 3.7.3 Market Attractiveness Analysis By Functionality
- 3.7.4 Market Attractiveness Analysis By End-Use Application
- 3.7.5 Market Attractiveness Analysis By Offering
- 3.7.6 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
6 . GLOBAL THERMOELECTRIC MODULES MARKET ANALYSIS BY MODEL
- 6.1 Overview by Model
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Model
- 6.4 Single Stage Historic and Forecast Sales by Regions
- 6.5 Multi Stage Historic and Forecast Sales by Regions
7 . GLOBAL THERMOELECTRIC MODULES MARKET ANALYSIS BY TYPE
- 7.1 Overview by Type
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Type
- 7.4 Bulk Thermoelectric Modules Historic and Forecast Sales by Regions
- 7.5 Micro Thermoelectric Modules Historic and Forecast Sales by Regions
- 7.6 Thin Film Thermoelectric Modules Historic and Forecast Sales by Regions
8 . GLOBAL THERMOELECTRIC MODULES MARKET ANALYSIS BY FUNCTIONALITY
- 8.1 Overview by Functionality
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Functionality
- 8.4 General Purpose Historic and Forecast Sales by Regions
- 8.5 Deep Cooling Historic and Forecast Sales by Regions
9 . GLOBAL THERMOELECTRIC MODULES MARKET ANALYSIS BY END-USE APPLICATION
- 9.1 Overview by End-Use Application
- 9.2 Historical and Forecast Data
- 9.3 Analysis by End-Use Application
- 9.4 Consumer Electronics Historic and Forecast Sales by Regions
- 9.5 Industrial Historic and Forecast Sales by Regions
- 9.6 Telecommunications Historic and Forecast Sales by Regions
- 9.7 Autmomotive Historic and Forecast Sales by Regions
- 9.8 Medical & Laboratories Historic and Forecast Sales by Regions
- 9.9 Aerospace & Defense Historic and Forecast Sales by Regions
- 9.10. Oil & Gas And Mining Historic and Forecast Sales by Regions
10 . GLOBAL THERMOELECTRIC MODULES MARKET ANALYSIS BY OFFERING
- 10.1 Overview by Offering
- 10.2 Historical and Forecast Data
- 10.3 Analysis by Offering
- 10.4 Hardware Historic and Forecast Sales by Regions
- 10.5 Services Historic and Forecast Sales by Regions
11 . GLOBAL THERMOELECTRIC MODULES MARKET ANALYSIS BY GEOGRAPHY
- 11.1. Regional Outlook
- 11.2. Introduction
- 11.3. North America Sales Analysis
- 11.3.1. Overview, Historic and Forecast Data Sales Analysis
- 11.3.2. North America By Segment Sales Analysis
- 11.3.3. North America By Country Sales Analysis
- 11.3.4. United State Sales Analysis
- 11.3.5. Canada Sales Analysis
- 11.3.6. Mexico Sales Analysis
- 11.4. Europe Sales Analysis
- 11.4.1. Overview, Historic and Forecast Data Sales Analysis
- 11.4.2. Europe by Segment Sales Analysis
- 11.4.3. Europe by Country Sales Analysis
- 11.4.4. United Kingdom Sales Analysis
- 11.4.5. France Sales Analysis
- 11.4.6. Germany Sales Analysis
- 11.4.7. Italy Sales Analysis
- 11.4.8. Russia Sales Analysis
- 11.4.9. Rest Of Europe Sales Analysis
- 11.5. Asia Pacific Sales Analysis
- 11.5.1. Overview, Historic and Forecast Data Sales Analysis
- 11.5.2. Asia Pacific by Segment Sales Analysis
- 11.5.3. Asia Pacific by Country Sales Analysis
- 11.5.4. China Sales Analysis
- 11.5.5. India Sales Analysis
- 11.5.6. Japan Sales Analysis
- 11.5.7. South Korea Sales Analysis
- 11.5.8. Australia Sales Analysis
- 11.5.9. Rest Of Asia Pacific Sales Analysis
- 11.6. Latin America Sales Analysis
- 11.6.1. Overview, Historic and Forecast Data Sales Analysis
- 11.6.2. Latin America by Segment Sales Analysis
- 11.6.3. Latin America by Country Sales Analysis
- 11.6.4. Brazil Sales Analysis
- 11.6.5. Argentina Sales Analysis
- 11.6.6. Peru Sales Analysis
- 11.6.7. Chile Sales Analysis
- 11.6.8. Rest of Latin America Sales Analysis
- 11.7. Middle East & Africa Sales Analysis
- 11.7.1. Overview, Historic and Forecast Data Sales Analysis
- 11.7.2. Middle East & Africa by Segment Sales Analysis
- 11.7.3. Middle East & Africa by Country Sales Analysis
- 11.7.4. Saudi Arabia Sales Analysis
- 11.7.5. UAE Sales Analysis
- 11.7.6. Israel Sales Analysis
- 11.7.7. South Africa Sales Analysis
- 11.7.8. Rest Of Middle East And Africa Sales Analysis
12 . COMPETITIVE LANDSCAPE OF THE THERMOELECTRIC MODULES COMPANIES
- 12.1. Thermoelectric Modules Market Competition
- 12.2. Partnership/Collaboration/Agreement
- 12.3. Merger And Acquisitions
- 12.4. New Product Launch
- 12.5. Other Developments
13 . COMPANY PROFILES OF THERMOELECTRIC MODULES INDUSTRY
- 13.1. Company Share Analysis
- 13.2. Market Concentration Rate
- 13.3. Ferrotec (Japan)
- 13.3.1. Company Overview
- 13.3.2. Company Revenue
- 13.3.3. Products
- 13.3.4. Recent Developments
- 13.4. Laird Thermal Systems (US)
- 13.4.1. Company Overview
- 13.4.2. Company Revenue
- 13.4.3. Products
- 13.4.4. Recent Developments
- 13.5. II-VI Incorporated (US)
- 13.5.1. Company Overview
- 13.5.2. Company Revenue
- 13.5.3. Products
- 13.5.4. Recent Developments
- 13.6. Kelk (Japan)
- 13.6.1. Company Overview
- 13.6.2. Company Revenue
- 13.6.3. Products
- 13.6.4. Recent Developments
- 13.7. Guangdong Fuxin Technology (China)
- 13.7.1. Company Overview
- 13.7.2. Company Revenue
- 13.7.3. Products
- 13.7.4. Recent Developments
- 13.8. TE Technology (US)
- 13.8.1. Company Overview
- 13.8.2. Company Revenue
- 13.8.3. Products
- 13.8.4. Recent Developments
- 13.9. TEC Microsystems (Germany)
- 13.9.1. Company Overview
- 13.9.2. Company Revenue
- 13.9.3. Products
- 13.9.4. Recent Developments
- 13.10. Crystal (Russia)
- 13.10.1. Company Overview
- 13.10.2. Company Revenue
- 13.10.3. Products
- 13.10.4. Recent Developments
- 13.11. Kryotherm (Russia)
- 13.11.1. Company Overview
- 13.11.2. Company Revenue
- 13.11.3. Products
- 13.11.4. Recent Developments
- 13.12. Phononic (US)
- 13.12.1. Company Overview
- 13.12.2. Company Revenue
- 13.12.3. Products
- 13.12.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies