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Thermoelectric Modules Market, Size, Share, Outlook and Opportunities 2020- 2026

  • ID:OGA1903MVEN556
  • Published: March-2019
  • Pages:140
  • OG Analysis
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Global Thermoelectric Modules Market, Size, Share, Outlook and Growth Opportunities to 2026: By Model (Multi Stage, and Single Stage), By Type (Micro Thermoelectric Modules, Thin-Film Thermoelectric Modules, and Bulk Thermoelectric Modules), By Functionality (Deep Cooling Modules, and General Purpose Modules), By End User Industry (Automotive, Aerospace & Defence, Consumer Electronics, Industrial, Medical & Laboratories, Oil, Gas & Mining, and Telecommunications), By Offering (Hardware, and Software & Services) and By Region

Key Findings

  • Thermoelectric Modules Market is estimated to grow at a CAGR of 8.24% over the forecast period 2020-2026.
  • Based on model, multistage thermoelectric modules are expected to grow at a faster rate during the forecast period 2020-2026.
  • Increasing demand for thermoelectric modules in food and beverages industry, rising need for heating and cooling purposes across various applications, and growth in electric vehicles are driving the global thermoelectric modules market.
  • Among various types, bulk thermoelectric modules lead the overall thermoelectric modules market.
  • Consumer electronics dominates among the various end-user applications of thermoelectric modules.
  • Asia Pacific region is the major revenue contributor for global thermoelectric modules market.

Global Thermoelectric Modules:

Global Thermoelectric Modules Market poised at a CAGR of 8.24% during the forecast period 2020 to 2026.

Increase in heating and cooling activities for various applications, growth of electric vehicles (EVs), and consumer preferences shifting from conventional systems to thermoelectric modules are driving thermoelectric market size. Increased use of renewable energy resources, development activities of thermoelectric modules for new application areas, and increasing adoption of thermoelectric modules across various industries are boosting the market growth.

Key manufacturers in the industry are focused on developing thermoelectric modules that enhance the efficiency and reduce the price are incurring growth opportunities for overall thermoelectric modules market. The factors such as complexities in designing thermoelectric modules, high costs compared to conventional systems and heat transfer management in computing and network devices are restraining the thermoelectric modules market share.

Multistage thermoelectric modules are expected to grow at faster pace owing to their various applications such as electro-optics, IR detectors, material testing solutions, and others. The companies are focusing on developing high capacity multistage thermoelectric modules are driving the demand. Based on type, bulk thermoelectric modules are expected to larger share owing to high voltage and power outputs compared to others. These are used across various end-user applications including telecommunications, aerospace & defence, medical & laboratories, industrial, and consumer electronics.

Deep cooling modules accounted for major market share based on functionality owing to maximised heating capacity and used in high-temperature applications. Among the various end-user industries, consumer electronics accounted for a larger share during the forecast period. The applications of thermoelectric modules in consumer electronics include small refrigerators, air conditioners, chilled water dispensers, portable food or beverages containers, and others. The factors such as rise in living standards, growth in food and beverages industry, and growth in per capita income are attributed to consumer electronics market growth influencing overall growth of thermoelectric modules market.

Globally, Asia Pacific region leads the thermoelectric modules market due to emerging of various end-user industries such as automotive, food and beverages, consumer electronics, industrial, oil, gas & mining, and others. Increasing investments, rapid industrialisation, and rising demand for waste heat recovery, industrial automation, and health monitoring devices are expected to drive market growth.

Global Thermoelectric Modules Market Insights

Major trends shaping the near and long term future of the industry, opportunities, drivers and restraints of Thermoelectric Modules market, detailed porter’s five forces analysis and competitive insights are included in the research report.

Global Thermoelectric Modules Market Share by Model

The report presents detailed annual outlook of each model of the Thermoelectric Modules market to 2026. The report categorised into 2 models including Multi Stage, and Single Stage. Among these, multistage thermoelectric modules are expected to grow at faster rate during the forecast period.

Global Thermoelectric Modules Market Growth by Type

The report presents in-depth insights into each Type of the Thermoelectric Modules market to 2026. The report classified into 3 types including Micro Thermoelectric Modules, Thin-Film Thermoelectric Modules, and Bulk Thermoelectric Modules. Bulk thermoelectric module occupied larger market share during the forecast period.

Global Thermoelectric Modules Market Analysis by Functionality

The report presents detailed annual outlook based on functionality of the Thermoelectric Modules Market to 2026. The report segmented into 2 Functionalities including Deep Cooling Modules, and General Purpose Modules. Based on functionality, deep cooling modules dominates the overall thermoelectric modules market.

Global Thermoelectric Modules Market Size by End User Industry

The report presents in-depth insights into each of the leading Thermoelectric Modules End User Industries along with annual forecasts to 2026. Various End User Industries that are studied in the report include Automotive, Aerospace & Defence, Consumer Electronics, Industrial, Medical & Laboratories, Oil, Gas & Mining, and Telecommunications. Among the various end user industries, consumer electronics lead the global thermoelectric modules market.

Global Thermoelectric Modules Market Revenue by Region

The current Thermoelectric Modules market size in terms of revenue across 5 regions including North America, Europe, Asia Pacific, South & Central America and Middle East & Africa are studied in the report. In addition, historic data from 2017 and annual forecasts to 2026 are also included in the research report. Asia Pacific region is the major revenue contributor for global thermoelectric modules market.

Global Thermoelectric Modules Market Share by Offering

The report presents detailed annual outlook of each offering of the Thermoelectric Modules Market to 2026. The report classified into 2 offerings including Hardware, and Software & Services.

Global Thermoelectric Modules Market Analysis by Company

Top 10 leading companies in global Thermoelectric Modules market are analyzed in the report along with their business overview, operations, geographical locations, financial analysis, SWOT profile and Thermoelectric Modules products & services.

Global Thermoelectric Modules Market News and Recent Developments

Latest news and industry developments in terms of Thermoelectric Modules capacity expansions, acquisitions, organic & inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

Scope of the Global Thermoelectric Modules Market Report Includes

Long term perspective on the Global Thermoelectric Modules industry: 2019 (base year), 2020- 2026 (forecast period)

Global Thermoelectric Modules Market- Forecasts by Segments – Model, Type, Functionality, End User Industry, and Offering by Region.

  1. The research work categorizes the global Thermoelectric Modules market based on models into 2 categories including Multi Stage, and Single Stage.
  2. The report categorised Thermoplastic Modules into 3 types including Micro Thermoelectric Modules, Thin-Film Thermoelectric Modules, and Bulk Thermoelectric Modules.
  3. The research work classified the global Thermoelectric Modules market based on Functionalities into 2 categories such as Deep Cooling Modules, and General Purpose Modules.
  4. The report provides the market outlook by 7 End User Industries including Automotive, Aerospace & Defence, Consumer Electronics, Industrial, Medical & Laboratories, Oil, Gas & Mining, and Telecommunications.
  5. The research work segmented the global thermoelectric modules market based on offerings into 2 categories including Hardware, and Software & Services.
  6. Global Thermoelectric Modules Market across 5 regions including Asia Pacific, North America, South and Central America, Europe, and Middle East and Africa are covered.

Global Thermoelectric Modules Market- Strategic Analysis Review

1. Key strategies opted by leading players

2. Short to Long Term Industry Trends

3. Porter’s Five Forces Analysis

4. Supply side and Demand Side Drivers and Challenges

Global Thermoelectric Modules Market- Growth Opportunities

1. Potential New Business Opportunities

2. Key Areas of Focus in forecast period

Global Thermoelectric Modules Market- Competitive Scenario

1. 10 companies are analysed in the report including TE Technology, Laird, Ferrotec, TEC Microsystems, II-VI Marlow, Kryotherm, Crystal Ltd, Thermion Company, RMT Ltd, and Thermonamic Electronics.

2. Company Peer-to-Peer Comparison

3. Company Profile and SWOT Analysis

4. Financial Analysis

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Table of Contents:



1. Table of Contents
1.1 List of Tables
1.2 List of Figures



2. Introduction to Global Thermoelectric Modules Market
2.1 Global Thermoelectric Modules Market Snapshot, 2019
2.2 Thermoelectric Modules Industry Overview
2.3 Research Perspective



3. Global Thermoelectric Modules Market- Strategic Analysis 
3.1 Short Term and Long Term Industry Trends Affecting Global Thermoelectric Modules Market
3.2 Leading Thermoelectric Modules Types Targeted by Global Manufacturers 
3.3 Key Consumption Patterns of Thermoelectric Modules
3.4 Potential Markets Vital for business Expansion 
3.5 Five Forces Analysis
3.6 Drivers and Restraints



4. Global Thermoelectric Modules Market Outlook and Growth Opportunities by Model
4.1 Thermoelectric Modules Software Market Outlook by Multi Stage, 2020- 2026
4.2 Thermoelectric Modules Software Market Outlook by Single Stage, 2020- 2026



5. Global Thermoelectric Modules Market Outlook and Growth Opportunities by Type
5.1 Thermoelectric Modules Market Outlook by Micro Thermoelectric Modules, 2020- 2026
5.2 Thermoelectric Modules Market Outlook by Thin-Film Thermoelectric Modules, 2020- 2026
5.3 Thermoelectric Modules Market Outlook by Bulk Thermoelectric Modules, 2020- 2026



6. Global Thermoelectric Modules Market Outlook and Growth Opportunities by Functionality
6.1 Thermoelectric Modules Market Outlook by Deep Cooling Modules, 2020- 2026
6.2 Thermoelectric Modules Market Outlook by General Purpose Modules, 2020- 2026



7. Global Thermoelectric Modules Market Outlook and Growth Opportunities by End User Industry
7.1 Thermoelectric Modules Market Outlook by Automotive, 2020- 2026
7.2 Thermoelectric Modules Market Outlook by Aerospace & Defence, 2020- 2026
7.3 Thermoelectric Modules Market Outlook by Consumer Electronics, 2020- 2026
7.4 Thermoelectric Modules Market Outlook by Industrial, 2020- 2026
7.5 Thermoelectric Modules Market Outlook by Medical & Laboratories, 2020- 2026
7.6 Thermoelectric Modules Market Outlook by Oil, Gas & Mining, 2020- 2026
7.7 Thermoelectric Modules Market Outlook by Telecommunications, 2020- 2026



8. Global Thermoelectric Modules Market Outlook and Growth Opportunities by Offering
8.1 Thermoelectric Modules Market Outlook by Hardware, 2020- 2026
8.2 Thermoelectric Modules Market Outlook by Software & Services, 2020- 2026



9. Asia Pacific Thermoelectric Modules Market Outlook and Growth Opportunities
9.1 Key Findings, 2019
9.2 Asia Pacific Thermoelectric Modules Market Outlook by Model, 2020- 2026
9.3 Asia Pacific Thermoelectric Modules Market Outlook by Type, 2020- 2026
9.4 Asia Pacific Thermoelectric Modules Market Outlook by Functionality, 2020- 2026
9.5 Asia Pacific Thermoelectric Modules Market Outlook by End User Industry, 2020- 2026
9.6 Asia Pacific Thermoelectric Modules Market Outlook by Offering, 2020- 2026
9.7 Asia Pacific Thermoelectric Modules Market Outlook by Country, 2020- 2026



10. Europe Thermoelectric Modules Market Outlook and Growth Opportunities
10.1 Key Findings, 2019
10.2 Europe Thermoelectric Modules Market Outlook by Model, 2020- 2026
10.3 Europe Thermoelectric Modules Market Outlook by Type, 2020- 2026
10.4 Europe Thermoelectric Modules Market Outlook by Functionality, 2020- 2026
10.5 Europe Thermoelectric Modules Market Outlook by End User Industry, 2020- 2026
10.6 Europe Thermoelectric Modules Market Outlook by Offering, 2020- 2026
10.7 Europe Thermoelectric Modules Market Outlook by Country, 2020- 2026



11. North America Thermoelectric Modules Market Outlook and Growth Opportunities
11.1 Key Findings, 2019
11.2 North America Thermoelectric Modules Market Outlook by Model, 2020- 2026
11.3 North America Thermoelectric Modules Market Outlook by Type, 2020- 2026
11.4 North America Thermoelectric Modules Market Outlook by Functionality, 2020- 2026
11.5 North America Thermoelectric Modules Market Outlook by End User Industry, 2020- 2026
11.6 North America Thermoelectric Modules Market Outlook by Offering, 2020- 2026
11.7 North America Thermoelectric Modules Market Outlook by Country, 2020- 2026



12. South & Central America Thermoelectric Modules Market Outlook and Growth Opportunities
12.1 Key Findings, 2019
12.2 South & Central America Thermoelectric Modules Market Outlook by Model, 2020-2026
12.3 South & Central America Thermoelectric Modules Market Outlook by Type, 2020-2026
12.4 South & Central America Thermoelectric Modules Market Outlook by Functionality, 2020-2026
12.5 South & Central America Thermoelectric Modules Market Outlook by End User Industry, 2020- 2026
12.6 South & Central America Thermoelectric Modules Market Outlook by Offering, 2020- 2026
12.7 South & Central America Thermoelectric Modules Market Outlook by Country, 2020- 2026



13. Middle East & Africa Thermoelectric Modules Market Outlook and Growth Opportunities
13.1 Key Findings, 2019
13.2 Middle East & Africa Thermoelectric Modules Market Outlook by Model, 2020- 2026
13.3 Middle East & Africa Thermoelectric Modules Market Outlook by Type, 2020- 2026
13.4 Middle East & Africa Thermoelectric Modules Market Outlook by Functionality, 2020- 2026
13.5 Middle East & Africa Thermoelectric Modules Market Outlook by End User Industry, 2020- 2026
13.6 Middle East & Africa Thermoelectric Modules Market Outlook by Offering, 2020- 2026
13.7 Middle East & Africa Thermoelectric Modules Market Outlook by Country, 2020- 2026



14. Competitive Landscape
14.1 Leading Players (Company Profile, SWOT Analysis, Thermoelectric Modules Products, Financial Analysis)
14.1.1 TE Technology
14.1.2 Laird
14.1.3 Ferrotec
14.1.4 TEC Microsystems
14.1.5 II-VI Marlow
14.1.6 Kryotherm
14.1.7 Crystal Ltd
14.1.8 Thermion Company
14.1.9 RMT Ltd
14.1.10 Thermonamic Electronics
14.2 Company Benchmarking 
14.3 Financial Analysis



15. Recent News and Deals Landscape
15.1 Mergers and Acquisitions
15.2 New Country Launches
15.3 Asset Transactions
15.4 Financial Announcements



16. Appendix
16.1 OG Analysis Expertise
16.2 Sources and Research Methodology
16.3 Contact Information
 



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