Thermoelectric Modules Market (Updated Version Available)

A thermoelectric (TE) module, also called a thermoelectric cooler or Peltier cooler, is a semiconductor-based electronic component that functions as a small heat pump. By applying a low voltage DC power source to a TEM, heat will be moved through the module from one side to the other. One module face, therefore, will be cooled while the opposite face simultaneously is heated. It is important to note that this phenomenon is fully reversible whereby a change in the polarity of the applied DC voltage will cause heat to be moved in the opposite direction. Consequently, a TEM may be used for both cooling and heating in a given application.
The global average price of Thermoelectric Modules is in the decreasing trend, from 22.4 USD/Unit in 2012 to 21.06 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.

The classification of Thermoelectric Modules includes Single Stage module and Multistage module. Single Stage module still occupied about 85% market share as its low price. The growth rate of multistage module is faster as it can supply high heat difference.

China region is the largest supplier of Thermoelectric Modules, with a production market share nearly 38.55% in 2016. Rest of Asia is the second largest supplier of Thermoelectric Modules, enjoying production market share nearly 25.33% in 2016.

North America is the largest consumption place, nose ahead China, with a consumption market share nearly 25.28% in 2016. While all the major regions like North America and APAC will also enjoy a fastest speed in next several years.


The report offers detailed coverage of Thermoelectric Modules industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Thermoelectric Modules by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Thermoelectric Modules market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Thermoelectric Modules market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Ferrotec
Laird
KELK
Marlow
RMT
CUI
Hi-Z
Tellurex
Crystal
P&N Tech
Thermonamic Electronics
Kryo Therm
Wellen Tech
AMS Technologies

At the same time, we classify Thermoelectric Modules according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Single Stage Module
Multistage Module
Market by Application
Automotive
Electronics
Biomedical
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Thermoelectric Modules market for the forecast period 2021 - 2025?
• What are the driving forces in the Thermoelectric Modules market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Thermoelectric Modules industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?