The thermoelectric modules market is expected to grow
from USD 471.0 Million in 2016 to USD 890.6 Million by 2023, at a CAGR
of 9.12% during the forecast period. This report provides the market
size and future growth potential of the thermoelectric modules market
across different segments such as technology, type, functionality,
end-use application, offering, and geography.
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The study identifies and
analyzes the market dynamics such as drivers, restraints, opportunities,
and industry-specific challenges in the thermoelectric modules market.
Moreover, this report profiles the key players operating in the
thermoelectric modules market.
Precise temperature control and superior
benefits of thermoelectric modules, improved fuel efficiency in vehicles
using thermoelectric modules, and increasing awareness of green energy
is expected to propel the growth of the thermoelectric modules market.
The base year considered for the study is 2016, and the market size
forecast is provided for the period between 2017 and 2023.
The thermoelectric modules market ecosystem includes
component providers such as Romny Scientific, Inc. (US), ADV-Engineering
(Russia), and GIRMET (Russia). Some of the manufactures and assembly
providers are Ferrotec (Japan), Laird (UK), II-VI Marlow (US), TE
Technology (US), TEC Microsystems (Germany), Crystal Ltd. (Russia), RMT
Ltd. (Russia), KELK Ltd. (Japan), Kryotherm (Russia), Thermion Company
(Ukraine), Thermonamic Electronics (Jiangxi, China), EVERREDtronics
(China), Micropelt (Germany), Hi-Z Technology (US), Hui Mao (China),
Hicooltec Electronic (China), Z-Max (Japan), Merit Technology Group
(China), LG Innotek (South Korea), Align Sourcing (US), AMS
Technologies (Germany), European Thermodynamics (UK), CUI Inc. (US),
Wellen Technology (China), and Advanced Thermoelectric (US). Some of the
distributors in the thermoelectric modules ecosystem include Sewin
Technology Co., Ltd (China), Align Sourcing (US), Jinan Retek Industries
Inc. (China), Sunyon Industry Co., Ltd. (China), and TE Distributing,
Inc. (US).
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sales@marketsandmarkets.com
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