The global micro thermoelectric modules market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for energy harvesters, detectors and sensors in various industries such as automotive, aerospace and defense, oil & gas and healthcare. The increasing demand for these devices in these industries is due to their ability to convert heat into electricity without any moving parts or external power source.
The global micro thermoelectric modules market has been segmented on the basis of type (gas turbine, steam turbine), application (energy harvesters, detectors and sensors) and region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa). North America accounted for the largest share in terms of revenue in 2018 owing to its high adoption rate of energy harvesters which are used extensively in various industries such as automotive industry.
- Increasing demand for energy efficient products and increasing need for power generation are some of the factors driving the growth of this market.
- Increasing demand for renewable energy sources such as solar, wind, and hydroelectricity is also driving this market's growth.
- The increasing use of Micro Thermoelectric Modules in various industries such as automotive, aerospace & defense, consumer electronics, medical devices and others is also driving this market's growth.
- The high cost associated with manufacturing these modules is one factor that may hamper the growth of this market.
Industry Growth Insights published a new data on “Micro Thermoelectric Modules Market”. The research report is titled “Micro Thermoelectric Modules Market research by Types (Gas Turbine, Steam Turbine, Other), By Applications (Energy Harvesters, Detectors and Sensors, Other), By Players/Companies AMS Technologies, TE Technology, TEC Micro Systems, Yamaha Corporation, Thermion Company, Tellurex Corporation, Ferrotec Corporation, Kryotherm, Laird Technologies, RMT Ltd, Micropelt GmbH, KELK Ltd (Subsidiary of Komatsu Ltd.), Gentherm, Everredtronics Ltd”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Thermoelectric Modules Market Research Report
By Type
Gas Turbine, Steam Turbine, Other
By Application
Energy Harvesters, Detectors and Sensors, Other
By Companies
AMS Technologies, TE Technology, TEC Micro Systems, Yamaha Corporation, Thermion Company, Tellurex Corporation, Ferrotec Corporation, Kryotherm, Laird Technologies, RMT Ltd, Micropelt GmbH, KELK Ltd (Subsidiary of Komatsu Ltd.), Gentherm, Everredtronics Ltd
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Micro Thermoelectric Modules Market Report Segments:
The global Micro Thermoelectric Modules market is segmented on the basis of:
Types
Gas Turbine, Steam Turbine, Other
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
Energy Harvesters, Detectors and Sensors, Other
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:
- AMS Technologies
- TE Technology
- TEC Micro Systems
- Yamaha Corporation
- Thermion Company
- Tellurex Corporation
- Ferrotec Corporation
- Kryotherm
- Laird Technologies
- RMT Ltd
- Micropelt GmbH
- KELK Ltd (Subsidiary of Komatsu Ltd.)
- Gentherm
- Everredtronics Ltd
Highlights of The Micro Thermoelectric Modules 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:
- Gas Turbine
- Steam Turbine
- Other
- By Application:
- Energy Harvesters
- Detectors and Sensors
- Other
- 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 Micro Thermoelectric Modules 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.
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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?
Micro Thermoelectric Modules are a type of thermoelectric device that converts heat into electricity. They are small, compact, and can be used in a variety of applications including temperature sensors, energy harvesters, and power generators.
Some of the key players operating in the micro thermoelectric modules market are AMS Technologies, TE Technology, TEC Micro Systems, Yamaha Corporation, Thermion Company, Tellurex Corporation, Ferrotec Corporation, Kryotherm, Laird Technologies, RMT Ltd, Micropelt GmbH, KELK Ltd (Subsidiary of Komatsu Ltd.), Gentherm, Everredtronics Ltd.
The micro thermoelectric modules market is expected to grow at a compound annual growth rate of 8.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micro Thermoelectric Modules Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Micro Thermoelectric Modules Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micro Thermoelectric Modules Market - Supply Chain
4.5. Global Micro Thermoelectric Modules Market Forecast
4.5.1. Micro Thermoelectric Modules Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micro Thermoelectric Modules Market Size (000 Units) and Y-o-Y Growth
4.5.3. Micro Thermoelectric Modules Market Absolute $ Opportunity
5. Global Micro Thermoelectric Modules Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Micro Thermoelectric Modules Market Size and Volume Forecast by Type
5.3.1. Gas Turbine
5.3.2. Steam Turbine
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Micro Thermoelectric Modules Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Micro Thermoelectric Modules Market Size and Volume Forecast by Application
6.3.1. Energy Harvesters
6.3.2. Detectors and Sensors
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Micro Thermoelectric Modules Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Micro Thermoelectric Modules Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Micro Thermoelectric Modules Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Micro Thermoelectric Modules Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Micro Thermoelectric Modules Demand Share Forecast, 2019-2026
9. North America Micro Thermoelectric Modules Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Micro Thermoelectric Modules Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Micro Thermoelectric Modules Market Size and Volume Forecast by Application
9.4.1. Energy Harvesters
9.4.2. Detectors and Sensors
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Micro Thermoelectric Modules Market Size and Volume Forecast by Type
9.7.1. Gas Turbine
9.7.2. Steam Turbine
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Micro Thermoelectric Modules Demand Share Forecast, 2019-2026
10. Latin America Micro Thermoelectric Modules Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Micro Thermoelectric Modules Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Micro Thermoelectric Modules Market Size and Volume Forecast by Application
10.4.1. Energy Harvesters
10.4.2. Detectors and Sensors
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Micro Thermoelectric Modules Market Size and Volume Forecast by Type
10.7.1. Gas Turbine
10.7.2. Steam Turbine
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Micro Thermoelectric Modules Demand Share Forecast, 2019-2026
11. Europe Micro Thermoelectric Modules Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Micro Thermoelectric Modules Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Micro Thermoelectric Modules Market Size and Volume Forecast by Application
11.4.1. Energy Harvesters
11.4.2. Detectors and Sensors
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Micro Thermoelectric Modules Market Size and Volume Forecast by Type
11.7.1. Gas Turbine
11.7.2. Steam Turbine
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Micro Thermoelectric Modules Demand Share, 2019-2026
12. Asia Pacific Micro Thermoelectric Modules Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Micro Thermoelectric Modules Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Micro Thermoelectric Modules Market Size and Volume Forecast by Application
12.4.1. Energy Harvesters
12.4.2. Detectors and Sensors
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Micro Thermoelectric Modules Market Size and Volume Forecast by Type
12.7.1. Gas Turbine
12.7.2. Steam Turbine
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Micro Thermoelectric Modules Demand Share, 2019-2026
13. Middle East & Africa Micro Thermoelectric Modules Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Micro Thermoelectric Modules Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Micro Thermoelectric Modules Market Size and Volume Forecast by Application
13.4.1. Energy Harvesters
13.4.2. Detectors and Sensors
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Micro Thermoelectric Modules Market Size and Volume Forecast by Type
13.7.1. Gas Turbine
13.7.2. Steam Turbine
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Micro Thermoelectric Modules Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Micro Thermoelectric Modules Market: Market Share Analysis
14.2. Micro Thermoelectric Modules Distributors and Customers
14.3. Micro Thermoelectric Modules Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AMS Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TE Technology
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TEC Micro Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yamaha Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thermion Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tellurex Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ferrotec Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kryotherm
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Laird Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. RMT Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Micropelt GmbH
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KELK Ltd (Subsidiary of Komatsu Ltd.)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Gentherm
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Everredtronics Ltd
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
