Global Thermoelectric Modules Market Insights, Forecast to 2025
Table of Contents
1 Study Coverage
- 1.1 Thermoelectric Modules Product
- 1.2 Key Market Segments in This Study
- 1.3 Key Manufacturers Covered
- 1.4 Market by Type
- 1.4.1 Global Thermoelectric Modules Market Size Growth Rate by Type
- 1.4.2 Single Stage Module
- 1.4.3 Multistage Module
- 1.5 Market by Application
- 1.5.1 Global Thermoelectric Modules Market Size Growth Rate by Application
- 1.5.2 Automotive
- 1.5.3 Electronics
- 1.5.4 Biomedical
- 1.5.5 Others
- 1.6 Study Objectives
- 1.7 Years Considered
2 Executive Summary
- 2.1 Global Thermoelectric Modules Market Size
- 2.1.1 Global Thermoelectric Modules Revenue 2014-2025
- 2.1.2 Global Thermoelectric Modules Production 2014-2025
- 2.2 Thermoelectric Modules Growth Rate (CAGR) 2019-2025
- 2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Thermoelectric Modules Manufacturers
- 2.3.2.1 Thermoelectric Modules Manufacturing Base Distribution, Headquarters
- 2.3.2.2 Manufacturers Thermoelectric Modules Product Offered
- 2.3.2.3 Date of Manufacturers Enter into Thermoelectric Modules Market
- 2.4 Key Trends for Thermoelectric Modules Markets & Products
3 Market Size by Manufacturers
- 3.1 Thermoelectric Modules Production by Manufacturers
- 3.1.1 Thermoelectric Modules Production by Manufacturers
- 3.1.2 Thermoelectric Modules Production Market Share by Manufacturers
- 3.2 Thermoelectric Modules Revenue by Manufacturers
- 3.2.1 Thermoelectric Modules Revenue by Manufacturers (2014-2019)
- 3.2.2 Thermoelectric Modules Revenue Share by Manufacturers (2014-2019)
- 3.3 Thermoelectric Modules Price by Manufacturers
- 3.4 Mergers & Acquisitions, Expansion Plans
4 Thermoelectric Modules Production by Regions
- 4.1 Global Thermoelectric Modules Production by Regions
- 4.1.1 Global Thermoelectric Modules Production Market Share by Regions
- 4.1.2 Global Thermoelectric Modules Revenue Market Share by Regions
- 4.2 United States
- 4.2.1 United States Thermoelectric Modules Production
- 4.2.2 United States Thermoelectric Modules Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Thermoelectric Modules Import & Export
- 4.3 Europe
- 4.3.1 Europe Thermoelectric Modules Production
- 4.3.2 Europe Thermoelectric Modules Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Thermoelectric Modules Import & Export
- 4.4 China
- 4.4.1 China Thermoelectric Modules Production
- 4.4.2 China Thermoelectric Modules Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Thermoelectric Modules Import & Export
- 4.5 Japan
- 4.5.1 Japan Thermoelectric Modules Production
- 4.5.2 Japan Thermoelectric Modules Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Thermoelectric Modules Import & Export
- 4.6 South Korea
- 4.6.1 South Korea Thermoelectric Modules Production
- 4.6.2 South Korea Thermoelectric Modules Revenue
- 4.6.3 Key Players in South Korea
- 4.6.4 South Korea Thermoelectric Modules Import & Export
- 4.7 Other Regions
- 4.7.1 Taiwan
- 4.7.2 India
- 4.7.3 Southeast Asia
5 Thermoelectric Modules Consumption by Regions
- 5.1 Global Thermoelectric Modules Consumption by Regions
- 5.1.1 Global Thermoelectric Modules Consumption by Regions
- 5.1.2 Global Thermoelectric Modules Consumption Market Share by Regions
- 5.2 North America
- 5.2.1 North America Thermoelectric Modules Consumption by Application
- 5.2.2 North America Thermoelectric Modules Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
- 5.3 Europe
- 5.3.1 Europe Thermoelectric Modules Consumption by Application
- 5.3.2 Europe Thermoelectric Modules Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
- 5.4 Asia Pacific
- 5.4.1 Asia Pacific Thermoelectric Modules Consumption by Application
- 5.4.2 Asia Pacific Thermoelectric Modules Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
- 5.5 Central & South America
- 5.5.1 Central & South America Thermoelectric Modules Consumption by Application
- 5.5.2 Central & South America Thermoelectric Modules Consumption by Country
- 5.5.3 Brazil
- 5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Thermoelectric Modules Consumption by Application
- 5.6.2 Middle East and Africa Thermoelectric Modules Consumption by Countries
- 5.6.3 GCC Countries
- 5.6.4 Egypt
- 5.6.5 South Africa
6 Market Size by Type
- 6.1 Global Thermoelectric Modules Production by Type
- 6.2 Global Thermoelectric Modules Revenue by Type
- 6.3 Thermoelectric Modules Price by Type
7 Market Size by Application
- 7.1 Overview
- 7.2 Global Thermoelectric Modules Breakdown Dada by Application
- 7.2.1 Global Thermoelectric Modules Consumption by Application
- 7.2.2 Global Thermoelectric Modules Consumption Market Share by Application (2014-2019)
8 Manufacturers Profiles
- 8.1 Ferrotec
- 8.1.1 Ferrotec Company Details
- 8.1.2 Company Overview
- 8.1.3 Ferrotec Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.1.4 Ferrotec Thermoelectric Modules Product Description
- 8.1.5 Ferrotec Recent Development
- 8.2 Laird
- 8.2.1 Laird Company Details
- 8.2.2 Company Overview
- 8.2.3 Laird Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.2.4 Laird Thermoelectric Modules Product Description
- 8.2.5 Laird Recent Development
- 8.3 KELK
- 8.3.1 KELK Company Details
- 8.3.2 Company Overview
- 8.3.3 KELK Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.3.4 KELK Thermoelectric Modules Product Description
- 8.3.5 KELK Recent Development
- 8.4 Marlow
- 8.4.1 Marlow Company Details
- 8.4.2 Company Overview
- 8.4.3 Marlow Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.4.4 Marlow Thermoelectric Modules Product Description
- 8.4.5 Marlow Recent Development
- 8.5 RMT
- 8.5.1 RMT Company Details
- 8.5.2 Company Overview
- 8.5.3 RMT Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.5.4 RMT Thermoelectric Modules Product Description
- 8.5.5 RMT Recent Development
- 8.6 CUI
- 8.6.1 CUI Company Details
- 8.6.2 Company Overview
- 8.6.3 CUI Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.6.4 CUI Thermoelectric Modules Product Description
- 8.6.5 CUI Recent Development
- 8.7 Hi-Z
- 8.7.1 Hi-Z Company Details
- 8.7.2 Company Overview
- 8.7.3 Hi-Z Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.7.4 Hi-Z Thermoelectric Modules Product Description
- 8.7.5 Hi-Z Recent Development
- 8.8 Tellurex
- 8.8.1 Tellurex Company Details
- 8.8.2 Company Overview
- 8.8.3 Tellurex Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.8.4 Tellurex Thermoelectric Modules Product Description
- 8.8.5 Tellurex Recent Development
- 8.9 Crystal
- 8.9.1 Crystal Company Details
- 8.9.2 Company Overview
- 8.9.3 Crystal Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.9.4 Crystal Thermoelectric Modules Product Description
- 8.9.5 Crystal Recent Development
- 8.10 P&N Tech
- 8.10.1 P&N Tech Company Details
- 8.10.2 Company Overview
- 8.10.3 P&N Tech Thermoelectric Modules Production Revenue and Gross Margin (2014-2019)
- 8.10.4 P&N Tech Thermoelectric Modules Product Description
- 8.10.5 P&N Tech Recent Development
- 8.11 Thermonamic Electronics
- 8.12 Kryo Therm
- 8.13 Wellen Tech
- 8.14 AMS Technologies
9 Production Forecasts
- 9.1 Thermoelectric Modules Production and Revenue Forecast
- 9.1.1 Global Thermoelectric Modules Production Forecast 2019-2025
- 9.1.2 Global Thermoelectric Modules Revenue Forecast 2019-2025
- 9.2 Thermoelectric Modules Production and Revenue Forecast by Regions
- 9.2.1 Global Thermoelectric Modules Revenue Forecast by Regions
- 9.2.2 Global Thermoelectric Modules Production Forecast by Regions
- 9.3 Thermoelectric Modules Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
- 9.3.5 South Korea
- 9.4 Forecast by Type
- 9.4.1 Global Thermoelectric Modules Production Forecast by Type
- 9.4.2 Global Thermoelectric Modules Revenue Forecast by Type
10 Consumption Forecast
- 10.1 Thermoelectric Modules Consumption Forecast by Application
- 10.2 Thermoelectric Modules Consumption Forecast by Regions
- 10.3 North America Market Consumption Forecast
- 10.3.1 North America Thermoelectric Modules Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
- 10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Thermoelectric Modules Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
- 10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Thermoelectric Modules Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
- 10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Thermoelectric Modules Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
- 10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Thermoelectric Modules Consumption Forecast by Regions 2019-2025
- 10.7.2 GCC Countries
- 10.7.3 Egypt
- 10.7.4 South Africa
11 Value Chain and Sales Channels Analysis
- 11.1 Value Chain Analysis
- 11.2 Sales Channels Analysis
- 11.2.1 Thermoelectric Modules Sales Channels
- 11.2.2 Thermoelectric Modules Distributors
- 11.3 Thermoelectric Modules Customers
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
- 12.1 Market Opportunities and Drivers
- 12.2 Market Challenges
- 12.3 Market Risks/Restraints
13 Key Findings in the Global Thermoelectric Modules Study
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.1.1 Research Programs/Design
- 14.1.1.2 Market Size Estimation
- 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
- 14.1.2.1 Secondary Sources
- 14.1.2.2 Primary Sources
- 14.1.1 Methodology/Research Approach
- 14.2 Author Details
A thermoelectric (TE) module, also called a thermoelectric cooler or Peltier cooler, is a semiconductor-based electronic component that functions as a small heat pump. By applying a low voltage DC power source to a TEM, heat will be moved through the module from one side to the other. One module face, therefore, will be cooled while the opposite face simultaneously is heated. It is important to note that this phenomenon is fully reversible whereby a change in the polarity of the applied DC voltage will cause heat to be moved in the opposite direction. Consequently, a TEM may be used for both cooling and heating in a given application.
The global average price of Thermoelectric Modules is in the decreasing trend, from 22.4 USD/Unit in 2012 to 21.06 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Thermoelectric Modules includes Single Stage module and Multistage module. Single Stage module still occupied about 85% market share as its low price. The growth rate of multistage module is faster as it can supply high heat difference.
China region is the largest supplier of Thermoelectric Modules, with a production market share nearly 38.55% in 2016. Rest of Asia is the second largest supplier of Thermoelectric Modules, enjoying production market share nearly 25.33% in 2016.
North America is the largest consumption place, nose ahead China, with a consumption market share nearly 25.28% in 2016. While all the major regions like North America and APAC will also enjoy a fastest speed in next several years.
The Thermoelectric Modules market was valued at 460 Million US$ in 2018 and is projected to reach 850 Million US$ by 2025, at a CAGR of 8.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Thermoelectric Modules.
This report presents the worldwide Thermoelectric Modules market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Ferrotec
Laird
KELK
Marlow
RMT
CUI
Hi-Z
Tellurex
Crystal
P&N Tech
Thermonamic Electronics
Kryo Therm
Wellen Tech
AMS Technologies
Thermoelectric Modules Breakdown Data by Type
Single Stage Module
Multistage Module
Thermoelectric Modules Breakdown Data by Application
Automotive
Electronics
Biomedical
Others
Thermoelectric Modules Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Thermoelectric Modules Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Thermoelectric Modules status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Thermoelectric Modules manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 Modules :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Thermoelectric Modules market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.