The global thermoelectric modules market stood at a value of around USD 626.75 million in 2019 and is further projected to grow at a CAGR of 9% over the forecast period of 2020-2025. Thermoelectric modules consist of highly doped semiconductor components with electrical carriers. These components are arranged in arrays, which are attached thermally in parallel and linked electrically in series. With the increasing technological advancements and rapid development of the healthcare industry, the demand for thermoelectric modules has increased, thus, aiding the industry globally.
Properties and Applications
The thermoelectric module, also known as a thermoelectric cooler or Peltier cooler, is an electronic semiconductor-based device that operates as a small heat pump and transfers heat from one side of the device to the other. By generating temperature differentials, thermoelectric modules can either cool or warm an object immediately.
The thermoelectric modules market can be segmented based on technology, type, end-use, components, and functionality. On the basis of its technology, the industry can be divided into single-stage and multi-stage. Based on its type, the industry can be categorised as bulk, micro, and thin-film thermoelectric. Based on its end-use, the industry can be segmented as:
Based on its components, the industry can be divided into hardware and software and services. On the basis of its functionality, the industry can be segmented into:
The EMR report looks into the regional thermoelectric modules markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The increasing use of thermoelectric cooling modules in medical and laboratory applications such as vaccine storage, air conditioning, medical facilities, food preservation, and electronic device cooling is the major factor driving the growth of the thermoelectric modules industry.
The report presents a detailed analysis of the following key players in the global thermoelectric modules market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Questions Answered in the Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Market Scope and Segmentation
3.3 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Thermoelectric Modules Market Analysis
6.1 Global Thermoelectric Modules Market (2015-2019) & Forecast (2020-2025)
6.2 Global Thermoelectric Modules Market Breakup by Technology
6.2.1 Single Stage
6.2.2 Multi Stage
6.3 Global Thermoelectric Modules Market Breakup by Technology: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Single Stage
6.3.2 Multi Stage
6.4 Global Thermoelectric Modules Market Breakup by Component
6.4.2 Software & Services
6.5 Global Thermoelectric Modules Market Breakup by Component: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.2 Software & Services
6.6 Global Thermoelectric Modules Market Breakup by Type
6.6.1 Bulk Thermoelectric
6.6.2 Micro Thermoelectric
6.6.3 Thin Film Thermoelectric
6.7 Global Thermoelectric Modules Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 Bulk Thermoelectric
6.7.2 Micro Thermoelectric
6.7.3 Thin Film Thermoelectric
6.8 Global Thermoelectric Modules Market Breakup by Functionality
6.8.1 Deep Cooling Modules
6.8.2 General Purpose Modules
184.108.40.206 Temperature Stabilization
220.127.116.11 Power Generation
6.9 Global Thermoelectric Modules Market Breakup by Functionality: Historical Market (2015-2019) & Forecast (2020-2025)
6.9.1 Deep Cooling Modules
6.9.2 General Purpose Modules
18.104.22.168 Temperature Stabilization
22.214.171.124 Power Generation
6.10 Global Thermoelectric Modules Market Breakup by End Use
6.10.2 Consumer Electronics
6.10.3 Aerospace & Defence
6.10.4 Medical & Laboratories
6.10.7 Oil, Gas, & Mining
6.11 Global Thermoelectric Modules Market Breakup by End Use: Historical Market (2015-2019) & Forecast (2020-2025)
6.11.2 Consumer Electronics
6.11.3 Aerospace & Defence
6.11.4 Medical & Laboratories
6.11.7 Oil, Gas, & Mining
6.12 Global Thermoelectric Modules Market Breakup by Region
6.12.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.12.3 Asia Pacific
6.12.4 Latin America
6.12.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
6.13 Global Thermoelectric Modules Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.13.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
6.13.3 Asia Pacific
6.13.4 Latin America
6.13.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Competitive Landscape & Supplier Analysis
9.1 Ferrotec (USA) Corporation [Ferrotec Holdings]
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Laird [Laird PLC]
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3 II-VI Marlow [II-VI Incorporated]
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 TE Technology, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 TEC Microsystems GmbH
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Crystal Ltd.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7.1 Company Overview
9.7.2 Financial Analysis
9.8 RMT Ltd
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 Thermion Company
9.9.1 Company Overview
9.9.2 Financial Analysis
9.10 Thermonamic Electronics (Jiangxi) Corp., Ltd.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.11 Kelk Ltd. [Komatsu Ltd.]
9.11.1 Company Overview
9.11.2 Financial Analysis
10 Events and Development
Additional Customization Available:
11 Feedstock Analysis
12 Procurement Strategy
12.1 Value Chain Analysis
12.2 Contract Terms
12.3 Buying and Sourcing Trends
12.4 Storage and Warehousing
12.5 Certifications and Regulations
12.6 Risk Factors
13 Trade Data Analysis
13.1 Major Exporting Countries: By Value and Volume
13.2 Major Importing Countries: By Value and Volume
14 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
14.3 Mass Balance
15 Cost Analysis and Project Economics
15.1 Land, Location and Site Development
15.3 Plant Machinery
15.4 Cost of Raw Material
15.9 Other Capital Investment
16 Production Cost Analysis
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