The global multistage thermoelectric module market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for electric vehicles and electronics in developing countries such as India and China. The automotive industry is one of the major end-users of thermoelectric modules, which are used in cooling systems for air conditioning units and refrigerators. Thermoelectric modules are also used in electronics such as computers, televisions, and other electronic devices that require cooling systems. The global multistage thermoelectric module market by type includes bismuth telluride (Bi2Te3) material, lead telluride (PbTe) material, silicon germanium (SiGe) material. The bismuth telluride (Bi2Te3) material segment accounted for the largest share of this market in 2017 owing to its high efficiency levels when compared with other materials such as lead telluride (PbTe). This segment is expected to maintain its dominance throughout the forecast period due to its low cost per watt ratio when compared with other materials such as silicon germanium (SiGe).
Some Of The Growth Factors Of This Market:
- Increasing demand for energy efficient products.
- Growing need for renewable energy sources.
- Rising awareness about the environmental impact of fossil fuels.
- Increasing use of electric vehicles and plug-in hybrid vehicles.
- Development of new materials.
Industry Growth Insights published a new data on “Multistage Thermoelectric Module Market”. The research report is titled “Multistage Thermoelectric Module Market research by Types (Bismuth Telluride (Bi2Te3) Material, Lead Telluride (PbTe) Material, Silicon Germanium (SiGe) Material, Other), By Applications (Automotive, Electronics, Biomedical, Others), By Players/Companies Ferrotec, Laird, KELK, Marlow, RMT, CUI, Hi-Z, Tellurex, Crystal, P&N Tech, Thermonamic Electronics, Kryo Therm, Wellen Tech, AMS Technologies”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multistage Thermoelectric Module Market Research Report
By Type
Bismuth Telluride (Bi2Te3) Material, Lead Telluride (PbTe) Material, Silicon Germanium (SiGe) Material, Other
By Application
Automotive, Electronics, Biomedical, Others
By Companies
Ferrotec, Laird, KELK, Marlow, RMT, CUI, Hi-Z, Tellurex, Crystal, P&N Tech, Thermonamic Electronics, Kryo Therm, Wellen Tech, AMS Technologies
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Multistage Thermoelectric Module Market Report Segments:
The global Multistage Thermoelectric Module market is segmented on the basis of:
Types
Bismuth Telluride (Bi2Te3) Material, Lead Telluride (PbTe) Material, Silicon Germanium (SiGe) Material, 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
Automotive, Electronics, Biomedical, 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:
- Ferrotec
- Laird
- KELK
- Marlow
- RMT
- CUI
- Hi-Z
- Tellurex
- Crystal
- P&N Tech
- Thermonamic Electronics
- Kryo Therm
- Wellen Tech
- AMS Technologies
Highlights of The Multistage Thermoelectric Module 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:
- Bismuth Telluride (Bi2Te3) Material
- Lead Telluride (PbTe) Material
- Silicon Germanium (SiGe) Material
- Other
- By Application:
- Automotive
- Electronics
- Biomedical
- 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 Multistage Thermoelectric Module 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?
A multistage thermoelectric module (MSTM) is a type of thermoelectric device that uses multiple stages to convert heat into electricity. The first stage converts the heat into mechanical energy, which is then used in the second stage to create an electric current.
Some of the key players operating in the multistage thermoelectric module market are Ferrotec, Laird, KELK, Marlow, RMT, CUI, Hi-Z, Tellurex, Crystal, P&N Tech, Thermonamic Electronics, Kryo Therm, Wellen Tech, AMS Technologies.
The multistage thermoelectric module market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multistage Thermoelectric Module 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. Multistage Thermoelectric Module Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multistage Thermoelectric Module Market - Supply Chain
4.5. Global Multistage Thermoelectric Module Market Forecast
4.5.1. Multistage Thermoelectric Module Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multistage Thermoelectric Module Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multistage Thermoelectric Module Market Absolute $ Opportunity
5. Global Multistage Thermoelectric Module 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. Multistage Thermoelectric Module Market Size and Volume Forecast by Type
5.3.1. Bismuth Telluride (Bi2Te3) Material
5.3.2. Lead Telluride (PbTe) Material
5.3.3. Silicon Germanium (SiGe) Material
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multistage Thermoelectric Module 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. Multistage Thermoelectric Module Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Electronics
6.3.3. Biomedical
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multistage Thermoelectric Module 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. Multistage Thermoelectric Module 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 Multistage Thermoelectric Module 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. Multistage Thermoelectric Module 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 Multistage Thermoelectric Module Demand Share Forecast, 2019-2026
9. North America Multistage Thermoelectric Module 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 Multistage Thermoelectric Module 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 Multistage Thermoelectric Module Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Electronics
9.4.3. Biomedical
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multistage Thermoelectric Module Market Size and Volume Forecast by Type
9.7.1. Bismuth Telluride (Bi2Te3) Material
9.7.2. Lead Telluride (PbTe) Material
9.7.3. Silicon Germanium (SiGe) Material
9.7.4. 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 Multistage Thermoelectric Module Demand Share Forecast, 2019-2026
10. Latin America Multistage Thermoelectric Module 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 Multistage Thermoelectric Module 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 Multistage Thermoelectric Module Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Electronics
10.4.3. Biomedical
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multistage Thermoelectric Module Market Size and Volume Forecast by Type
10.7.1. Bismuth Telluride (Bi2Te3) Material
10.7.2. Lead Telluride (PbTe) Material
10.7.3. Silicon Germanium (SiGe) Material
10.7.4. 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 Multistage Thermoelectric Module Demand Share Forecast, 2019-2026
11. Europe Multistage Thermoelectric Module 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 Multistage Thermoelectric Module 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 Multistage Thermoelectric Module Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Electronics
11.4.3. Biomedical
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multistage Thermoelectric Module Market Size and Volume Forecast by Type
11.7.1. Bismuth Telluride (Bi2Te3) Material
11.7.2. Lead Telluride (PbTe) Material
11.7.3. Silicon Germanium (SiGe) Material
11.7.4. 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 Multistage Thermoelectric Module Demand Share, 2019-2026
12. Asia Pacific Multistage Thermoelectric Module 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 Multistage Thermoelectric Module 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 Multistage Thermoelectric Module Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Electronics
12.4.3. Biomedical
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multistage Thermoelectric Module Market Size and Volume Forecast by Type
12.7.1. Bismuth Telluride (Bi2Te3) Material
12.7.2. Lead Telluride (PbTe) Material
12.7.3. Silicon Germanium (SiGe) Material
12.7.4. 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 Multistage Thermoelectric Module Demand Share, 2019-2026
13. Middle East & Africa Multistage Thermoelectric Module 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 Multistage Thermoelectric Module 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 Multistage Thermoelectric Module Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Electronics
13.4.3. Biomedical
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multistage Thermoelectric Module Market Size and Volume Forecast by Type
13.7.1. Bismuth Telluride (Bi2Te3) Material
13.7.2. Lead Telluride (PbTe) Material
13.7.3. Silicon Germanium (SiGe) Material
13.7.4. 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 Multistage Thermoelectric Module Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multistage Thermoelectric Module Market: Market Share Analysis
14.2. Multistage Thermoelectric Module Distributors and Customers
14.3. Multistage Thermoelectric Module Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ferrotec
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Laird
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KELK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Marlow
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. RMT
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CUI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hi-Z
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tellurex
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Crystal
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. P&N Tech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Thermonamic Electronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kryo Therm
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wellen Tech
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. AMS Technologies
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