The global thermoelectric cooler module industry market is expected to grow at a CAGR of 5.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for cooling solutions in various industries such as automotive, military, consumer electronics and healthcare. Thermoelectric coolers are used in these industries because they are energy efficient and can be customized according to the needs of different applications.
The global thermoelectric cooler module industry market is segmented on the basis of type into multistage and single stage; on the basis of application into automobile, military, consumer electronics, healthcare and industrial; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). The NA region accounted for a share of over 50% in 2017 owing to its high adoption rate in automotive cooling systems owing to stringent emission norms set by regulatory bodies such as EPA or CARB.
Some Of The Growth Factors Of This Market:
- One of the key factors driving this market is the increasing demand for cooling solutions for data centers and servers.
- Another factor driving this market is the increasing demand for cooling solutions for electronics devices such as laptops and smartphones.
- Yet another factor driving this market is the increasing demand for cooling solutions in industrial applications such as power plants and oil refineries due to increased energy consumption by these industries which leads to higher heat generation rates that need to be cooled down with thermoelectric coolers modules.
Industry Growth Insights published a new data on “Thermoelectric Cooler Module Industry Market”. The research report is titled “Thermoelectric Cooler Module Industry Market research by Types (Multi-Stage, Single-Stage, Thermocyclers), By Applications (Automobile, Military, Consumer Electronics, Healthcare, Industrial), By Players/Companies II-VI Marlow, Micropelt, TE Technology?Inc., Z-MAX, CUI, Adafruit, Meerstetter Engineering, Ferrotec, Kryotherm, Laird, RMT Ltd., Beijing Huimao Cooling Equipment Co., Ltd., Komatsu, Tellurex Corporation, Kreazone, Custom Thermoelectric Inc., Phononic, Inc., Hicooltec, Merit Technology Group, Thermion”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoelectric Cooler Module Industry Market Research Report
By Type
Multi-Stage, Single-Stage, Thermocyclers
By Application
Automobile, Military, Consumer Electronics, Healthcare, Industrial
By Companies
II-VI Marlow, Micropelt, TE Technology?Inc., Z-MAX, CUI, Adafruit, Meerstetter Engineering, Ferrotec, Kryotherm, Laird, RMT Ltd., Beijing Huimao Cooling Equipment Co., Ltd., Komatsu, Tellurex Corporation, Kreazone, Custom Thermoelectric Inc., Phononic, Inc., Hicooltec, Merit Technology Group, Thermion
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Thermoelectric Cooler Module Industry Market Report Segments:
The global Thermoelectric Cooler Module Industry market is segmented on the basis of:
Types
Multi-Stage, Single-Stage, Thermocyclers
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
Automobile, Military, Consumer Electronics, Healthcare, Industrial
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:
- II-VI Marlow
- Micropelt
- TE Technology?Inc.
- Z-MAX
- CUI
- Adafruit
- Meerstetter Engineering
- Ferrotec
- Kryotherm
- Laird
- RMT Ltd.
- Beijing Huimao Cooling Equipment Co., Ltd.
- Komatsu
- Tellurex Corporation
- Kreazone
- Custom Thermoelectric Inc.
- Phononic, Inc.
- Hicooltec
- Merit Technology Group
- Thermion
Highlights of The Thermoelectric Cooler Module Industry 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:
- Multi-Stage
- Single-Stage
- Thermocyclers
- By Application:
- Automobile
- Military
- Consumer Electronics
- Healthcare
- Industrial
- 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 Thermoelectric Cooler Module Industry 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?
Thermoelectric cooler module industry is a new and growing market that is expected to grow at a CAGR of 7.5% during the forecast period 2019-2024. The increasing awareness about the benefits of using thermoelectric coolers for various industrial applications has led to an increase in demand for these devices. Additionally, technological advancements are also contributing to the growth of this market. These advancements include development of efficient thermoelectric materials and manufacturing processes, which are resulting in increased production capacity and lower costs associated with these devices. Moreover, increasing adoption of renewable energy sources such as solar and wind is also driving the growth of this market.
Some of the major players in the thermoelectric cooler module industry market are II-VI Marlow, Micropelt, TE Technology?Inc., Z-MAX, CUI, Adafruit, Meerstetter Engineering, Ferrotec, Kryotherm, Laird, RMT Ltd., Beijing Huimao Cooling Equipment Co., Ltd., Komatsu, Tellurex Corporation, Kreazone, Custom Thermoelectric Inc., Phononic, Inc., Hicooltec, Merit Technology Group, Thermion.
The thermoelectric cooler module industry market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermoelectric Cooler Module Industry 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. Thermoelectric Cooler Module Industry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermoelectric Cooler Module Industry Market - Supply Chain
4.5. Global Thermoelectric Cooler Module Industry Market Forecast
4.5.1. Thermoelectric Cooler Module Industry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermoelectric Cooler Module Industry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermoelectric Cooler Module Industry Market Absolute $ Opportunity
5. Global Thermoelectric Cooler Module Industry 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. Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Type
5.3.1. Multi-Stage
5.3.2. Single-Stage
5.3.3. Thermocyclers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermoelectric Cooler Module Industry 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. Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Military
6.3.3. Consumer Electronics
6.3.4. Healthcare
6.3.5. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermoelectric Cooler Module Industry 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. Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry 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. Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry Demand Share Forecast, 2019-2026
9. North America Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Military
9.4.3. Consumer Electronics
9.4.4. Healthcare
9.4.5. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Type
9.7.1. Multi-Stage
9.7.2. Single-Stage
9.7.3. Thermocyclers
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 Thermoelectric Cooler Module Industry Demand Share Forecast, 2019-2026
10. Latin America Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Military
10.4.3. Consumer Electronics
10.4.4. Healthcare
10.4.5. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Type
10.7.1. Multi-Stage
10.7.2. Single-Stage
10.7.3. Thermocyclers
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 Thermoelectric Cooler Module Industry Demand Share Forecast, 2019-2026
11. Europe Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Military
11.4.3. Consumer Electronics
11.4.4. Healthcare
11.4.5. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Type
11.7.1. Multi-Stage
11.7.2. Single-Stage
11.7.3. Thermocyclers
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 Thermoelectric Cooler Module Industry Demand Share, 2019-2026
12. Asia Pacific Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Military
12.4.3. Consumer Electronics
12.4.4. Healthcare
12.4.5. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Type
12.7.1. Multi-Stage
12.7.2. Single-Stage
12.7.3. Thermocyclers
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 Thermoelectric Cooler Module Industry Demand Share, 2019-2026
13. Middle East & Africa Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry 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 Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Military
13.4.3. Consumer Electronics
13.4.4. Healthcare
13.4.5. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermoelectric Cooler Module Industry Market Size and Volume Forecast by Type
13.7.1. Multi-Stage
13.7.2. Single-Stage
13.7.3. Thermocyclers
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 Thermoelectric Cooler Module Industry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermoelectric Cooler Module Industry Market: Market Share Analysis
14.2. Thermoelectric Cooler Module Industry Distributors and Customers
14.3. Thermoelectric Cooler Module Industry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. II-VI Marlow
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Micropelt
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TE Technology?Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Z-MAX
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CUI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Adafruit
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Meerstetter Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ferrotec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kryotherm
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Laird
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. RMT Ltd.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Beijing Huimao Cooling Equipment Co., 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. Komatsu
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tellurex Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kreazone
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Custom Thermoelectric Inc.
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Phononic, Inc.
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Hicooltec
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Merit Technology Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Thermion
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
