Thermoelectric Modules Market, Global Outlook and Forecast 2023-2029

Thermoelectric Modules Market, Global Outlook and Forecast 2023-2029

Report Code: KNJ1479830 | No. of Pages: 116 | Category: Technology
Publisher: Market Monitor Global | Date of Publish: Jan-2023
The Thermoelectric Cooler module (TEM), also known as the Thermoelectric Cooler or Thermoelectric Cooler, is a semiconductor device composed of many small and effective heat pumps. By loading a low DC voltage at both ends of the Thermoelectric Cooler, the heat will flow from one end of the component to the other.
At this point, one end of the cooler will be cooler and the other end will be warmer.
By changing the direction of the current, you can change the direction of the heat flow, sending heat to the other end.
Thermoelectric coolers, also known as solid state heat pumps, can perform both cooling and heating functions on a single thermoelectric refrigerator.
By changing the direction of the current, the cooling plate can have the function of cooling and heating.
By changing the current, the cooling temperature is different, and thermoelectric coolers can be used for precise temperature control.
This report aims to provide a comprehensive presentation of the global market for Thermoelectric Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoelectric Modules. This report contains market size and forecasts of Thermoelectric Modules in global, including the following market information:
Global Thermoelectric Modules Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Thermoelectric Modules Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Thermoelectric Modules companies in 2022 (%)
The global Thermoelectric Modules market was valued at US$ 863 million in 2022 and is projected to reach US$ 1744.2 million by 2029, at a CAGR of 10.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core thermoelectric cooler manufacturers include Ferrotec, II-VI Marlow etc.The top 3 companies hold a share about 40%.China is the largest market, with a share about 28%, followed by North America and Japan with the share about 23% and 20%.In terms of product, single stage module is the largest segment, with a share over 50%. And in terms of application, the largest application is consumer electronics, followed by communication.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Thermoelectric Modules manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thermoelectric Modules Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Thermoelectric Modules Market Segment Percentages, by Type, 2022 (%)
    Single Stage Module
    Multiple Modules
    Others (Micromodules, Etc.)
Global Thermoelectric Modules Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Thermoelectric Modules Market Segment Percentages, by Application, 2022 (%)
    Consumer Electronics
    Communication
    Medical Experiment
    Automobile
    Industrial
    Aerospace Defense
    Others
Global Thermoelectric Modules Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Thermoelectric Modules Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thermoelectric Modules revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Thermoelectric Modules revenues share in global market, 2022 (%)
Key companies Thermoelectric Modules sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Thermoelectric Modules sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Ferrotec
    II-VI Marlow
    KELK Ltd.
    Laird Thermal Systems
    Z-MAX
    RMT Ltd.
    Guangdong Fuxin Technology
    Thermion Company
    Crystal Ltd
    CUI Devices
    Kryotherm Industries
    Phononic
    Merit Technology Group
    TE Technology
    KJLP electronics co., ltd
    Thermonamic Electronics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Thermoelectric Modules, market overview.
Chapter 2: Global Thermoelectric Modules market size in revenue and volume.
Chapter 3: Detailed analysis of Thermoelectric Modules manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Thermoelectric Modules in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Thermoelectric Modules capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
    1.1 Thermoelectric Modules Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Thermoelectric Modules Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Thermoelectric Modules Overall Market Size
    2.1 Global Thermoelectric Modules Market Size: 2022 VS 2029
    2.2 Global Thermoelectric Modules Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Thermoelectric Modules Sales: 2018-2029
3 Company Landscape
    3.1 Top Thermoelectric Modules Players in Global Market
    3.2 Top Global Thermoelectric Modules Companies Ranked by Revenue
    3.3 Global Thermoelectric Modules Revenue by Companies
    3.4 Global Thermoelectric Modules Sales by Companies
    3.5 Global Thermoelectric Modules Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Thermoelectric Modules Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Thermoelectric Modules Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Thermoelectric Modules Players in Global Market
        3.8.1 List of Global Tier 1 Thermoelectric Modules Companies
        3.8.2 List of Global Tier 2 and Tier 3 Thermoelectric Modules Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Thermoelectric Modules Market Size Markets, 2022 & 2029
        4.1.2 Single Stage Module
        4.1.3 Multiple Modules
        4.1.4 Others (Micromodules, Etc.)
    4.2 By Type - Global Thermoelectric Modules Revenue & Forecasts
        4.2.1 By Type - Global Thermoelectric Modules Revenue, 2018-2023
        4.2.2 By Type - Global Thermoelectric Modules Revenue, 2024-2029
        4.2.3 By Type - Global Thermoelectric Modules Revenue Market Share, 2018-2029
    4.3 By Type - Global Thermoelectric Modules Sales & Forecasts
        4.3.1 By Type - Global Thermoelectric Modules Sales, 2018-2023
        4.3.2 By Type - Global Thermoelectric Modules Sales, 2024-2029
        4.3.3 By Type - Global Thermoelectric Modules Sales Market Share, 2018-2029
    4.4 By Type - Global Thermoelectric Modules Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Thermoelectric Modules Market Size, 2022 & 2029
        5.1.2 Consumer Electronics
        5.1.3 Communication
        5.1.4 Medical Experiment
        5.1.5 Automobile
        5.1.6 Industrial
        5.1.7 Aerospace Defense
        5.1.8 Others
    5.2 By Application - Global Thermoelectric Modules Revenue & Forecasts
        5.2.1 By Application - Global Thermoelectric Modules Revenue, 2018-2023
        5.2.2 By Application - Global Thermoelectric Modules Revenue, 2024-2029
        5.2.3 By Application - Global Thermoelectric Modules Revenue Market Share, 2018-2029
    5.3 By Application - Global Thermoelectric Modules Sales & Forecasts
        5.3.1 By Application - Global Thermoelectric Modules Sales, 2018-2023
        5.3.2 By Application - Global Thermoelectric Modules Sales, 2024-2029
        5.3.3 By Application - Global Thermoelectric Modules Sales Market Share, 2018-2029
    5.4 By Application - Global Thermoelectric Modules Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Thermoelectric Modules Market Size, 2022 & 2029
    6.2 By Region - Global Thermoelectric Modules Revenue & Forecasts
        6.2.1 By Region - Global Thermoelectric Modules Revenue, 2018-2023
        6.2.2 By Region - Global Thermoelectric Modules Revenue, 2024-2029
        6.2.3 By Region - Global Thermoelectric Modules Revenue Market Share, 2018-2029
    6.3 By Region - Global Thermoelectric Modules Sales & Forecasts
        6.3.1 By Region - Global Thermoelectric Modules Sales, 2018-2023
        6.3.2 By Region - Global Thermoelectric Modules Sales, 2024-2029
        6.3.3 By Region - Global Thermoelectric Modules Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Thermoelectric Modules Revenue, 2018-2029
        6.4.2 By Country - North America Thermoelectric Modules Sales, 2018-2029
        6.4.3 US Thermoelectric Modules Market Size, 2018-2029
        6.4.4 Canada Thermoelectric Modules Market Size, 2018-2029
        6.4.5 Mexico Thermoelectric Modules Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Thermoelectric Modules Revenue, 2018-2029
        6.5.2 By Country - Europe Thermoelectric Modules Sales, 2018-2029
        6.5.3 Germany Thermoelectric Modules Market Size, 2018-2029
        6.5.4 France Thermoelectric Modules Market Size, 2018-2029
        6.5.5 U.K. Thermoelectric Modules Market Size, 2018-2029
        6.5.6 Italy Thermoelectric Modules Market Size, 2018-2029
        6.5.7 Russia Thermoelectric Modules Market Size, 2018-2029
        6.5.8 Nordic Countries Thermoelectric Modules Market Size, 2018-2029
        6.5.9 Benelux Thermoelectric Modules Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Thermoelectric Modules Revenue, 2018-2029
        6.6.2 By Region - Asia Thermoelectric Modules Sales, 2018-2029
        6.6.3 China Thermoelectric Modules Market Size, 2018-2029
        6.6.4 Japan Thermoelectric Modules Market Size, 2018-2029
        6.6.5 South Korea Thermoelectric Modules Market Size, 2018-2029
        6.6.6 Southeast Asia Thermoelectric Modules Market Size, 2018-2029
        6.6.7 India Thermoelectric Modules Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Thermoelectric Modules Revenue, 2018-2029
        6.7.2 By Country - South America Thermoelectric Modules Sales, 2018-2029
        6.7.3 Brazil Thermoelectric Modules Market Size, 2018-2029
        6.7.4 Argentina Thermoelectric Modules Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Thermoelectric Modules Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Thermoelectric Modules Sales, 2018-2029
        6.8.3 Turkey Thermoelectric Modules Market Size, 2018-2029
        6.8.4 Israel Thermoelectric Modules Market Size, 2018-2029
        6.8.5 Saudi Arabia Thermoelectric Modules Market Size, 2018-2029
        6.8.6 UAE Thermoelectric Modules Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 Ferrotec
        7.1.1 Ferrotec Company Summary
        7.1.2 Ferrotec Business Overview
        7.1.3 Ferrotec Thermoelectric Modules Major Product Offerings
        7.1.4 Ferrotec Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.1.5 Ferrotec Key News & Latest Developments
    7.2 II-VI Marlow
        7.2.1 II-VI Marlow Company Summary
        7.2.2 II-VI Marlow Business Overview
        7.2.3 II-VI Marlow Thermoelectric Modules Major Product Offerings
        7.2.4 II-VI Marlow Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.2.5 II-VI Marlow Key News & Latest Developments
    7.3 KELK Ltd.
        7.3.1 KELK Ltd. Company Summary
        7.3.2 KELK Ltd. Business Overview
        7.3.3 KELK Ltd. Thermoelectric Modules Major Product Offerings
        7.3.4 KELK Ltd. Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.3.5 KELK Ltd. Key News & Latest Developments
    7.4 Laird Thermal Systems
        7.4.1 Laird Thermal Systems Company Summary
        7.4.2 Laird Thermal Systems Business Overview
        7.4.3 Laird Thermal Systems Thermoelectric Modules Major Product Offerings
        7.4.4 Laird Thermal Systems Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.4.5 Laird Thermal Systems Key News & Latest Developments
    7.5 Z-MAX
        7.5.1 Z-MAX Company Summary
        7.5.2 Z-MAX Business Overview
        7.5.3 Z-MAX Thermoelectric Modules Major Product Offerings
        7.5.4 Z-MAX Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.5.5 Z-MAX Key News & Latest Developments
    7.6 RMT Ltd.
        7.6.1 RMT Ltd. Company Summary
        7.6.2 RMT Ltd. Business Overview
        7.6.3 RMT Ltd. Thermoelectric Modules Major Product Offerings
        7.6.4 RMT Ltd. Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.6.5 RMT Ltd. Key News & Latest Developments
    7.7 Guangdong Fuxin Technology
        7.7.1 Guangdong Fuxin Technology Company Summary
        7.7.2 Guangdong Fuxin Technology Business Overview
        7.7.3 Guangdong Fuxin Technology Thermoelectric Modules Major Product Offerings
        7.7.4 Guangdong Fuxin Technology Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.7.5 Guangdong Fuxin Technology Key News & Latest Developments
    7.8 Thermion Company
        7.8.1 Thermion Company Company Summary
        7.8.2 Thermion Company Business Overview
        7.8.3 Thermion Company Thermoelectric Modules Major Product Offerings
        7.8.4 Thermion Company Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.8.5 Thermion Company Key News & Latest Developments
    7.9 Crystal Ltd
        7.9.1 Crystal Ltd Company Summary
        7.9.2 Crystal Ltd Business Overview
        7.9.3 Crystal Ltd Thermoelectric Modules Major Product Offerings
        7.9.4 Crystal Ltd Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.9.5 Crystal Ltd Key News & Latest Developments
    7.10 CUI Devices
        7.10.1 CUI Devices Company Summary
        7.10.2 CUI Devices Business Overview
        7.10.3 CUI Devices Thermoelectric Modules Major Product Offerings
        7.10.4 CUI Devices Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.10.5 CUI Devices Key News & Latest Developments
    7.11 Kryotherm Industries
        7.11.1 Kryotherm Industries Company Summary
        7.11.2 Kryotherm Industries Thermoelectric Modules Business Overview
        7.11.3 Kryotherm Industries Thermoelectric Modules Major Product Offerings
        7.11.4 Kryotherm Industries Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.11.5 Kryotherm Industries Key News & Latest Developments
    7.12 Phononic
        7.12.1 Phononic Company Summary
        7.12.2 Phononic Thermoelectric Modules Business Overview
        7.12.3 Phononic Thermoelectric Modules Major Product Offerings
        7.12.4 Phononic Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.12.5 Phononic Key News & Latest Developments
    7.13 Merit Technology Group
        7.13.1 Merit Technology Group Company Summary
        7.13.2 Merit Technology Group Thermoelectric Modules Business Overview
        7.13.3 Merit Technology Group Thermoelectric Modules Major Product Offerings
        7.13.4 Merit Technology Group Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.13.5 Merit Technology Group Key News & Latest Developments
    7.14 TE Technology
        7.14.1 TE Technology Company Summary
        7.14.2 TE Technology Business Overview
        7.14.3 TE Technology Thermoelectric Modules Major Product Offerings
        7.14.4 TE Technology Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.14.5 TE Technology Key News & Latest Developments
    7.15 KJLP electronics co., ltd
        7.15.1 KJLP electronics co., ltd Company Summary
        7.15.2 KJLP electronics co., ltd Business Overview
        7.15.3 KJLP electronics co., ltd Thermoelectric Modules Major Product Offerings
        7.15.4 KJLP electronics co., ltd Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.15.5 KJLP electronics co., ltd Key News & Latest Developments
    7.16 Thermonamic Electronics
        7.16.1 Thermonamic Electronics Company Summary
        7.16.2 Thermonamic Electronics Business Overview
        7.16.3 Thermonamic Electronics Thermoelectric Modules Major Product Offerings
        7.16.4 Thermonamic Electronics Thermoelectric Modules Sales and Revenue in Global (2018-2023)
        7.16.5 Thermonamic Electronics Key News & Latest Developments
8 Global Thermoelectric Modules Production Capacity, Analysis
    8.1 Global Thermoelectric Modules Production Capacity, 2018-2029
    8.2 Thermoelectric Modules Production Capacity of Key Manufacturers in Global Market
    8.3 Global Thermoelectric Modules Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Thermoelectric Modules Supply Chain Analysis
    10.1 Thermoelectric Modules Industry Value Chain
    10.2 Thermoelectric Modules Upstream Market
    10.3 Thermoelectric Modules Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Thermoelectric Modules Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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