Thermoelectric Generators Market Size, Share, Analysis Report

Thermoelectric Generators Market Size By Temperature (High Temperature, Medium Temperature, Low Temperature), By Wattage (High Power, Medium Power, Low Power), By Component (Cold Side, Electric Load, Heat Source, Thermoelectric Module), By Vertical (Oil & Gas, Mining, Telecommunications, Healthcare, Consumer, Industrial, Defense, Aerospace, Automotive), By Application (Direct Power Generation, Co-Generation, Waste Heat Recovery, Energy Harvesting), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global Thermoelectric Generator market is expected to grow upto US$ 951 Million by 2027, at CAGR of about 8.79% during the forecast period.

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MARKET SNAPSHOT

Major Players

  • Komatsu Ltd
  • Ferrotec Corporation
  • II-VI Incorporated
  • Gentherm
  • Yamaha Corporation
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    8.79%

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The global Thermoelectric Generator market is expected to grow upto US$ 951 Million by 2027, at CAGR of about 8.79% during the forecast period.

    The thermoelectric generator is called as seebeck generator. It is a solid-state device which translates heat into electrical energy through a phenomenon called the seebeck effect or thermoelectric effect. It is mostly used as portable power source to charge and operate several phones, 12v batteries, pads, small refrigerators while traveling long distances and in remote camping sites. Thermoelectric generators are mainly used as remote and off-grid power generators for unmanned sites. Increasing demand for solid state and immobile devices is anticipated to be the main drivers for the global thermoelectric generator market. Furthermore, the requirement for durable and maintenance free power sources are also projected to drive the thermoelectric generator market over the estimate period. But the high cost of thermoelectric material and low efficiency may pose the challenge to the market development. Demand for thermoelectric in healthcare and rising demand for low-power generators in the sensor network may open potential growth opportunities for the thermoelectric generator market within the estimate period.

    The global Thermoelectric Generators market is segregated on the basis of Temperature as High Temperature, Medium Temperature, and Low Temperature. Based on Wattage the global Thermoelectric Generators market is segmented in High Power, Medium Power, and Low Power. Based on Component the global Thermoelectric Generators market is segmented in Cold Side, Electric Load, Heat Source, and Thermoelectric Module.

    Based on Vertical, the global Thermoelectric Generators market is segmented in Oil & Gas, Mining, Telecommunications, Healthcare, Consumer, Industrial, Defense, Aerospace, and Automotive. The report also bifurcates the global Thermoelectric Generators market based on Application in Direct Power Generation, Co-Generation, Waste Heat Recovery, and Energy Harvesting.

    The global Thermoelectric Generators market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Thermoelectric Generators market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

    Competitive Rivalry

    Komatsu Ltd, Tecteg, Laird, PLC., Ferrotec Corporation, II-VI Incorporated, Gentherm, Inc., Yamaha Corporation, Rmt Ltd., Kryotherm, Everredtronics Ltd., and others are among the major players in the global Thermoelectric Generators market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

    The Thermoelectric Generators Market has been segmented as below:

    Thermoelectric Generators Market, By Temperature

    • High Temperature
    • Medium Temperature
    • Low Temperature

    Thermoelectric Generators Market, By Wattage

    • High Power
    • Medium Power
    • Low Power

    Thermoelectric Generators Market, By Component

    • Cold Side
    • Electric Load
    • Heat Source
    • Thermoelectric Module

    Thermoelectric Generators Market, By Vertical

    • Oil & Gas
    • Condition Monitoring Sensors
    • Meters & Gauges
    • Mining
    • Down-Hole Drilling
    • Process Monitoring
    • Telecommunications
    • Navigational Aids
    • Telecommunication Systems
    • Healthcare
    • Implantable Medical Device
    • Wearable Medical Device
    • Consumer
    • Wearable
    • Consumer Electronics
    • Industrial
    • Manufacturing
    • Chemical Processing
    • Defense
    • Military Avionics System
    • Infrared Detector System
    • Missile Testing Systems
    • Aerospace
    • Spacecraft Power System
    • Aircraft Environment Monitoring Sensors
    • Automotive
    • Heating & Cooling

    Thermoelectric Generators Market, By Application

    • Direct Power Generation
    • Co-Generation
    • Waste Heat Recovery
    • Energy Harvesting

    Thermoelectric Generators Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Thermoelectric Generators Market, By Company

    • Komatsu Ltd
    • Tecteg
    • Laird, PLC.
    • Ferrotec Corporation
    • II-VI Incorporated
    • Gentherm, Inc.
    • Yamaha Corporation
    • Rmt Ltd.
    • Kryotherm
    • Everredtronics Ltd.

    The report covers:

    • Global Thermoelectric Generators market sizes from 2020 to 2027, along with CAGR for 2022-2027
    • Market size comparison for 2019 vs 2027, with actual data for 2019, estimates for 2020 and forecast from 2022 to 2027
    • Global Thermoelectric Generators market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Thermoelectric Generators market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    Report Scope:

    The global Thermoelectric Generators market report scope includes detailed study covering underlying factors influencing the industry trends.

    The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

    The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Thermoelectric Generators market share. Major industry players with significant revenue share include Komatsu Ltd, Tecteg, Laird, PLC., Ferrotec Corporation, II-VI Incorporated, Gentherm, Inc., Yamaha Corporation, Rmt Ltd., Kryotherm, Everredtronics Ltd., and others.

    Reasons to Buy this Report:

    • Gain detailed insights on the Thermoelectric Generators industry trends
    • Find complete analysis on the market status
    • Identify the Thermoelectric Generators market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

    Some of the recent developments in Thermoelectric Generators Market are as follows:

    Ferrotec Corporation

    • 01-2020: Ferrotec Corporation, a global supplier of components, materials, and precision system solutions and the leading manufacturer of magnetic liquids, declared the PBG-series of polyethylene glycol based ferrofluids for bio-medical and other application.
    • 04-2019: Ferrotec Corporation has declared the XL-series of large electron beam sources, improved capacity e-beam guns for deposition processes which involve extended operation cycles. For long coating process runs or thick evaporative coatings, XL-series e-beam guns allow users run the system longer without interruption.

    Gentherm, Inc

    • 06-2020: Gentherm is a global market leader and developer of innovative thermal management technologies, was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company’s 28th annual Supplier of the Year awards on Wednesday, June 24, 2020.
    • 05-2020: Gentherm has declared that via the U.S. Food and Drug Administration Emergency Use Authorization, the Company’s Hemotherm Model 400CE Dual Reservoir Cooler-Heater can be used to treat patients with COVID-19.

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
            
    3. Executive Summary

    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
        
    5. Thermoelectric Generators Market, By Temperature
        5.1 Introduction
        5.2 High Temperature
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 Medium Temperature
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 Low Temperature
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
            
    6. Thermoelectric Generators Market, By Wattage
        6.1 Introduction
        6.2 High Power
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Medium Power
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast
        6.4 Low Power
            6.4.1 Market Overview
            6.4.2 Market Size and Forecast
            
    7. Thermoelectric Generators Market, By Component
        7.1 Introduction
        7.2 Cold Side
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Electric Load
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Heat Source
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 Thermoelectric Module
            7.5.1 Market Overview
            7.5.2 Market Size and Forecast
            
    8. Thermoelectric Generators Market, By Vertical
        8.1 Introduction
        8.2 Oil & Gas
            8.2.1 Market Overview
            8.2.2 Market Size and Forecast
        8.3 Mining
            8.3.1 Market Overview
            8.3.2 Market Size and Forecast
        8.4 Telecommunications
            8.4.1 Market Overview
            8.4.2 Market Size and Forecast
        8.5 Healthcare
            8.5.1 Market Overview
            8.5.2 Market Size and Forecast
        8.6 Consumer
            8.6.1 Market Overview
            8.6.2 Market Size and Forecast
        8.7 Industrial
            8.7.1 Market Overview
            8.7.2 Market Size and Forecast
        8.8 Defense
            8.8.1 Market Overview
            8.8.2 Market Size and Forecast
        8.9 Aerospace
            8.9.1 Market Overview
            8.9.2 Market Size and Forecast
        8.10 Automotive
            8.10.1 Market Overview
            8.10.2 Market Size and Forecast
            
    9. Thermoelectric Generators Market, By Application
        9.1 Introduction
        9.2 Direct Power Generation
            9.2.1 Market Overview
            9.2.2 Market Size and Forecast
        9.3 Co-Generation
            9.3.1 Market Overview
            9.3.2 Market Size and Forecast
        9.4 Waste Heat Recovery
            9.4.1 Market Overview
            9.4.2 Market Size and Forecast
        9.5 Energy Harvesting
            9.5.1 Market Overview
            9.5.2 Market Size and Forecast
            
    10. Thermoelectric Generators Market, By Geography
        10.1 Introduction
        10.2 North America
            10.2.1 North America Thermoelectric Generators, By Temperature
            10.2.2 North America Thermoelectric Generators, By Wattage
            10.2.3 North America Thermoelectric Generators, By Component
            10.2.4 North America Thermoelectric Generators, By Vertical
            10.2.5 North America Thermoelectric Generators, By Application
        10.3 Europe
            10.3.1 Europe Thermoelectric Generators, By Temperature
            10.3.2 Europe Thermoelectric Generators, By Wattage
            10.3.3 Europe Thermoelectric Generators, By Component
            10.3.4 Europe Thermoelectric Generators, By Vertical
            10.3.5 Europe Thermoelectric Generators, By Application
        10.4 Asia-Pacific
            10.4.1 Asia-Pacific Thermoelectric Generators, By Temperature
            10.4.2 Asia-Pacific Thermoelectric Generators, By Wattage
            10.4.3 Asia-Pacific Thermoelectric Generators, By Component
            10.4.4 Asia-Pacific Thermoelectric Generators, By Vertical
            10.4.5 Asia-Pacific Thermoelectric Generators, By Application
        10.5 Rest of the World
            10.5.1 Rest of the World Thermoelectric Generators, By Temperature
            10.5.2 Rest of the World Thermoelectric Generators, By Wattage
            10.5.3 Rest of the World Thermoelectric Generators, By Component
            10.5.4 Rest of the World Thermoelectric Generators, By Vertical
            10.5.5 Rest of the World Thermoelectric Generators, By Application
            
    11. Competitive Insights
        11.1 Key Insights
        11.2 Company Market Share Analysis
        11.3 Strategic Outlook
            11.3.1 Mergers & Acquisitions
            11.3.2 New Product Development
            11.3.3 Portfolio/Production Capacity Expansions
            11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
            11.3.5 Others
            
    12. Company Profiles
        12.1 Komatsu Ltd
            12.1.1 Company Overview
            12.1.2 Product/Service Landscape
            12.1.3 Financial Overview
            12.1.4 Recent Developments
        12.2 Tecteg
            12.2.1 Company Overview
            12.2.2 Product/Service Landscape
            12.2.3 Financial Overview
            12.2.4 Recent Developments
        12.3 Laird, PLC.
            12.3.1 Company Overview
            12.3.2 Product/Service Landscape
            12.3.3 Financial Overview
            12.3.4 Recent Developments
        12.4 Ferrotec Corporation
            12.4.1 Company Overview
            12.4.2 Product/Service Landscape
            12.4.3 Financial Overview
            12.4.4 Recent Developments
        12.5 II-VI Incorporated
            12.5.1 Company Overview
            12.5.2 Product/Service Landscape
            12.5.3 Financial Overview
            12.5.4 Recent Developments
        12.6 Gentherm, Inc.
            12.6.1 Company Overview
            12.6.2 Product/Service Landscape
            12.6.3 Financial Overview
            12.6.4 Recent Developments
        12.7 Yamaha Corporation
            12.7.1 Company Overview
            12.7.2 Product/Service Landscape
            12.7.3 Financial Overview
            12.7.4 Recent Developments
        12.8 Rmt Ltd.
            12.8.1 Company Overview
            12.8.2 Product/Service Landscape
            12.8.3 Financial Overview
            12.8.4 Recent Developments
        12.9 Kryotherm
            12.9.1 Company Overview
            12.9.2 Product/Service Landscape
            12.9.3 Financial Overview
            12.9.4 Recent Developments
        12.10 Everredtronics Ltd.
            12.10.1 Company Overview
            12.10.2 Product/Service Landscape
            12.10.3 Financial Overview
            12.10.4 Recent Developments
        12.11 Redhawk Energy Systems, LLC
            12.11.1 Company Overview
            12.11.2 Product/Service Landscape
            12.11.3 Financial Overview
            12.11.4 Recent Developments
        12.12 Brimrose Corporation
            12.12.1 Company Overview
            12.12.2 Product/Service Landscape
            12.12.3 Financial Overview
            12.12.4 Recent Developments
        12.13 Teledyne Energy Systems, Inc.
            12.13.1 Company Overview
            12.13.2 Product/Service Landscape
            12.13.3 Financial Overview
            12.13.4 Recent Developments
        12.14 Align Sourcing LLC
            12.14.1 Company Overview
            12.14.2 Product/Service Landscape
            12.14.3 Financial Overview
            12.14.4 Recent Developments
        12.15 Perpetua Power Source Technologies, Inc.
            12.15.1 Company Overview
            12.15.2 Product/Service Landscape
            12.15.3 Financial Overview
            12.15.4 Recent Developments
        12.16 P&N Technology (Xiamen) Co., Ltd.
            12.16.1 Company Overview
            12.16.2 Product/Service Landscape
            12.16.3 Financial Overview
            12.16.4 Recent Developments
        12.17 Novus Energy Technologies, Inc.
            12.17.1 Company Overview
            12.17.2 Product/Service Landscape
            12.17.3 Financial Overview
            12.17.4 Recent Developments
        12.18 Otego GmbH
            12.18.1 Company Overview
            12.18.2 Product/Service Landscape
            12.18.3 Financial Overview
            12.18.4 Recent Developments
        12.19 Kelk Ltd.
            12.19.1 Company Overview
            12.19.2 Product/Service Landscape
            12.19.3 Financial Overview
            12.19.4 Recent Developments
        12.20 Hi-Z Technology
            12.10.1 Company Overview
            12.10.2 Product/Service Landscape
            12.10.3 Financial Overview
            12.10.4 Recent Developments

    The Thermoelectric Generators Market has been segmented as below:

    Thermoelectric Generators Market, By Temperature

    • High Temperature
    • Medium Temperature
    • Low Temperature

    Thermoelectric Generators Market, By Wattage

    • High Power
    • Medium Power
    • Low Power

    Thermoelectric Generators Market, By Component

    • Cold Side
    • Electric Load
    • Heat Source
    • Thermoelectric Module

    Thermoelectric Generators Market, By Vertical

    • Oil & Gas
    • Condition Monitoring Sensors
    • Meters & Gauges
    • Mining
    • Down-Hole Drilling
    • Process Monitoring
    • Telecommunications
    • Navigational Aids
    • Telecommunication Systems
    • Healthcare
    • Implantable Medical Device
    • Wearable Medical Device
    • Consumer
    • Wearable
    • Consumer Electronics
    • Industrial
    • Manufacturing
    • Chemical Processing
    • Defense
    • Military Avionics System
    • Infrared Detector System
    • Missile Testing Systems
    • Aerospace
    • Spacecraft Power System
    • Aircraft Environment Monitoring Sensors
    • Automotive
    • Heating & Cooling

    Thermoelectric Generators Market, By Application

    • Direct Power Generation
    • Co-Generation
    • Waste Heat Recovery
    • Energy Harvesting

    Thermoelectric Generators Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Thermoelectric Generators Market, By Company

    • Komatsu Ltd
    • Tecteg
    • Laird, PLC.
    • Ferrotec Corporation
    • II-VI Incorporated
    • Gentherm, Inc.
    • Yamaha Corporation
    • Rmt Ltd.
    • Kryotherm
    • Everredtronics Ltd.

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    The market is expected to grow at a CAGR of 8.79% during the study period (2022-2027)
    The global Thermoelectric Generators Market Expected to Exceed more than US$ 951 Million by 2027.
    The segment included in the Thermoelectric Generators Market is Temperature, Wattage, Component, Vertical, Application and Region.
    Some key players operating in the Thermoelectric Generators Market include Komatsu Ltd, Tecteg, Laird, PLC., Ferrotec Corporation, II-VI Incorporated, Gentherm
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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