A thermoelectric generator (TEG) is a device that is primarily used for energy generation. It can also be used as a heat pump. As energy generators, TEGs convert waste heat into electricity. As heat pumps, they transfer heat to a device from one side to the other. Therefore, TEGs are like heat engines but are compact in size, silent, and have no moving parts. TEGs have a longer operational life and have no maintenance requirements, which makes them a preferred choice for unmanned sites like offshore gas pipelines.
Burgeoning demand for waste heat recovery systems, coupled with the rise in global warming is expected to fuel demand for the thermoelectric generator market. Moreover, stringent government regulations and increasing industrial automation across the world are further projected to drive the demand for the thermoelectric generator market during the forecast market.
However, the cost associated to install this system is expected to hamper the growth of the market during the forecast period. Additionally, inefficiency to generate high output power is further expected to restrict the growth of the market.
In 2019, the market size of Thermoelectric Generator is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Thermoelectric Generator.
This report studies the global market size of Thermoelectric Generator, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Thermoelectric Generator production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
II-VI Marlow
ADVANCE RIKO
Alphabet Energy
Ferrotec Corporation
Gentherm Global Power Technologies
Yamaha Corp
...
Market Segment by Product Type
Waste Heat Recovery
Energy Harvesting
Direct Power Generation
Co-Generation
Market Segment by Application
Military and Aerospace
Wireless Sensor Network
Industrial
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Thermoelectric Generator status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Thermoelectric Generator manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Thermoelectric Generator are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Thermoelectric Generator. Industry analysis & Market Report on Thermoelectric Generator is a syndicated market report, published as Global (United States, European Union and China) Thermoelectric Generator Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Thermoelectric Generator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.