Market Overview:
The global semiconductor refrigerators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductor refrigerators in various applications, such as home use, office use, automotive use, outdoor use and others. In addition, the growing awareness about energy-efficient appliances is also contributing to the growth of this market.
Product Definition:
A semiconductor refrigerator is a device that uses the Peltier effect to create a temperature differential between its two sides, resulting in cooling or heating. Cooling semiconductor refrigerators are used in many electronic devices, including computers and flat-screen televisions. They are also used in medical devices such as pacemakers and artificial hearts.
Fixed:
Fixed, it's usage and growth factor in Semiconductor Refrigerators market is expected to grow at a CAGR of XX% from 2017 to 2025. The Fixed-it’s are used for storing sensitive data which requires durability along with space saving solutions.
Vehicular:
Vehicular is a term used for transportation of goods or products. It includes vehicles that carry more than four passengers, such as buses, trucks, and railways cars. The use of the term has been increasing in the semiconductor refrigerators industry due to rising demand for automobiles and their parts across the globe.
Increasing demand for automobiles coupled with their parts is expected to increase vehicular traffic over the forecast period which will directly affect market growth in coming years.
Application Insights:
The home use application segment accounted for the largest share of over 60.0% in 2017. The demand for semiconductor refrigerators at homes is driven by rising purchasing power and consumer preference for a premium product, especially in developed regions such as North America and Europe. Furthermore, growing urbanization has led to an increase in the number of multi-family residential buildings which require large capacity appliances that are capable of cooling multiple rooms efficiently. This trend is expected to continue over the forecast period owing to increasing awareness about energy efficiency among manufacturers and consumers globally.
Office use accounted for another significant market share in terms of revenue generation, followed by automotive use globally due to high requirements from end-use industries regarding efficient equipment with enhanced features that can meet their specific needs while providing superior performance compared to conventional products currently available in the market place worldwide.
Regional Analysis:
The Asia Pacific region is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing penetration of electronic products in emerging economies, such as China and India. Furthermore, favorable government initiatives promoting domestic manufacturing are likely to create new opportunities for industry players in this region. For instance, according to a study published by World Bank Group titled “Make in India†initiative launched by Government of India aims at encouraging domestic manufacturing through tax benefits and other financial incentives.
North America was estimated as the second-largest regional market with a share of more than 20% in 2017 owing to high demand from U.S.
Growth Factors:
- Increasing demand for semiconductor refrigerators in the food and beverage industry for storage of perishable items.
- Rising demand from end-use industries such as pharmaceuticals, biotechnology, and hospitals for reliable temperature controlled storage solutions.
- Growing popularity of semiconductor refrigerators among research institutes and laboratories for storing sensitive samples at low temperatures.
- Technological advancements in semiconductor refrigerator design and manufacturing that improve energy efficiency and performance characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Semiconductor Refrigerators Market Research Report
By Type
Fixed, Vehicular, Portable
By Application
Home Use, Office Use, Automotive Use, Outdoor Use, Others
By Companies
Phononic, MOBICOOL, Koolatron, Tingwei, Ezetil, Beper, Heson Electric, Dometic Group, Housmile, Kemin, Phononic, Smad Electric Appliances, Thermo Fisher
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Semiconductor Refrigerators Market Report Segments:
The global Semiconductor Refrigerators market is segmented on the basis of:
Types
Fixed, Vehicular, Portable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Office Use, Automotive Use, Outdoor Use, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Phononic
- MOBICOOL
- Koolatron
- Tingwei
- Ezetil
- Beper
- Heson Electric
- Dometic Group
- Housmile
- Kemin
- Phononic
- Smad Electric Appliances
- Thermo Fisher
Highlights of The Semiconductor Refrigerators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed
- Vehicular
- Portable
- By Application:
- Home Use
- Office Use
- Automotive Use
- Outdoor Use
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Semiconductor Refrigerators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A semiconductor refrigerator is a type of refrigerator that uses semiconductors to cool the interior. These refrigerators are often more energy-efficient than traditional refrigerators and can be more customized to meet the needs of specific users.
Some of the major players in the semiconductor refrigerators market are Phononic, MOBICOOL, Koolatron, Tingwei, Ezetil, Beper, Heson Electric, Dometic Group, Housmile, Kemin, Phononic, Smad Electric Appliances, Thermo Fisher.
The semiconductor refrigerators market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Semiconductor Refrigerators Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Semiconductor Refrigerators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Semiconductor Refrigerators Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Semiconductor Refrigerators Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Semiconductor Refrigerators Market Size & Forecast, 2018-2028
4.5.1 Semiconductor Refrigerators Market Size and Y-o-Y Growth
4.5.2 Semiconductor Refrigerators Market Absolute $ Opportunity
Chapter 5 Global Semiconductor Refrigerators Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Semiconductor Refrigerators Market Size Forecast by Type
5.2.1 Fixed
5.2.2 Vehicular
5.2.3 Portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Semiconductor Refrigerators Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Semiconductor Refrigerators Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Office Use
6.2.3 Automotive Use
6.2.4 Outdoor Use
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Semiconductor Refrigerators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Semiconductor Refrigerators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Semiconductor Refrigerators Analysis and Forecast
9.1 Introduction
9.2 North America Semiconductor Refrigerators Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Semiconductor Refrigerators Market Size Forecast by Type
9.6.1 Fixed
9.6.2 Vehicular
9.6.3 Portable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Semiconductor Refrigerators Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Office Use
9.10.3 Automotive Use
9.10.4 Outdoor Use
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Semiconductor Refrigerators Analysis and Forecast
10.1 Introduction
10.2 Europe Semiconductor Refrigerators Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Semiconductor Refrigerators Market Size Forecast by Type
10.6.1 Fixed
10.6.2 Vehicular
10.6.3 Portable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Semiconductor Refrigerators Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Office Use
10.10.3 Automotive Use
10.10.4 Outdoor Use
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Semiconductor Refrigerators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Semiconductor Refrigerators Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Semiconductor Refrigerators Market Size Forecast by Type
11.6.1 Fixed
11.6.2 Vehicular
11.6.3 Portable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Semiconductor Refrigerators Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Office Use
11.10.3 Automotive Use
11.10.4 Outdoor Use
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Semiconductor Refrigerators Analysis and Forecast
12.1 Introduction
12.2 Latin America Semiconductor Refrigerators Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Semiconductor Refrigerators Market Size Forecast by Type
12.6.1 Fixed
12.6.2 Vehicular
12.6.3 Portable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Semiconductor Refrigerators Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Office Use
12.10.3 Automotive Use
12.10.4 Outdoor Use
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Semiconductor Refrigerators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Semiconductor Refrigerators Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Semiconductor Refrigerators Market Size Forecast by Type
13.6.1 Fixed
13.6.2 Vehicular
13.6.3 Portable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Semiconductor Refrigerators Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Office Use
13.10.3 Automotive Use
13.10.4 Outdoor Use
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Semiconductor Refrigerators Market: Competitive Dashboard
14.2 Global Semiconductor Refrigerators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Phononic
14.3.2 MOBICOOL
14.3.3 Koolatron
14.3.4 Tingwei
14.3.5 Ezetil
14.3.6 Beper
14.3.7 Heson Electric
14.3.8 Dometic Group
14.3.9 Housmile
14.3.10 Kemin
14.3.11 Phononic
14.3.12 Smad Electric Appliances
14.3.13 Thermo Fisher
