Thermoelectric materials show the thermoelectric effect in a strong or convenient form.
The thermoelectric effect refers to phenomena by which either a temperature difference creates an electric potential or an electric potential creates a temperature difference. These phenomena are known more specifically as the Seebeck effect (converting temperature to current), Peltier effect (converting current to temperature), and Thomson effect (conductor heating/cooling). While all materials have a nonzero thermoelectric effect, in most materials it is too small to be useful. However, low-cost materials that have a sufficiently strong thermoelectric effect (and other required properties) could be used in applications including power generation and refrigeration. A commonly used thermoelectric material in such applications is bismuth telluride.
Thermoelectric materials are used in thermoelectric systems for cooling or heating in niche applications, and are being studied as a way to regenerate electricity from waste heat.
In the last several years, global market of Thermoelectric Material developed rapidly, with an average growth rate of 8.37%. In 2017, global revenue of Thermoelectric Material is nearly 33.4 M USD; the actual production is about 287.7 MT.
The global average price of Thermoelectric Material is in the decreasing trend, from 124 USD/MT in 2013 to 116 USD/MT in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Thermoelectric Material includes Bi-Te, Pb-Te, etc. The proportion of Bi-Te in 2017 is about 86.87%, and the proportion is in increasing trend from 2013 to 2017.
According to this study, over the next five years the Thermoelectric Material market will register a 6.3% CAGR in terms of revenue, the global market size will reach US$ 48 million by 2024, from US$ 33 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Thermoelectric Material business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermoelectric Material market by product type, application, key manufacturers and key regions and countries.
This study considers the Thermoelectric Material value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Bi-Te
Pb-Te
Other Materials
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Electronics
Biomedical
Other Industry
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ferrotec
Laird
KELK
Thermonamic Electronics
Marlow
RMT
EVERREDtronics
Crystal
Hi-Z
Tellurex
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Thermoelectric Material consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Thermoelectric Material market by identifying its various subsegments.
Focuses on the key global Thermoelectric Material manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Thermoelectric Material with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Thermoelectric Material submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Thermoelectric Material . Industry analysis & Market Report on Thermoelectric Material is a syndicated market report, published as Global Thermoelectric Material Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Thermoelectric Material market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.