Thermoelectric Modules Market by Technology and End User - Global Industry Analysis and Forecast to 2023

2018-05-30 / 3800.00 / Electronics / 80 Pages

Description

Industry Outlook and Trend Analysis

The global Thermoelectric Modules Market was worth USD 446.32 million in 2014 and is expected to reach approximately USD 994.44 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.31% during the forecast period. The development is credited to the expanded demand of thermoelectric modules in numerous applications, for example, telecommunications, industrial, automotive, consumer electronics, and medicinal and research centres. Bio-monitoring and healthcare related devices need thermoelectric modules for different applications, for example, thermal cycling and temperature control.

Technology Outlook and Trend Analysis

On the basis of technology, two kinds of thermoelectric modules are accessible around the world: Single-stage modules and multi-stage modules. Presently, single-stage modules report higher rate of adoption than multi-stage ones. In 2014, the requirement for single-stage modules represented a share of 85% in the general interest for thermoelectric modules.

End User Outlook

At present, the telecommunications sector rules the worldwide market and is foreseen to dominate the market amid the conjecture time frame. This development is ascribed to the wide usage of thermoelectric modules in the telecommunications sector, for example, community antenna television (CATV) lasers, avalanche photodiodes (APD), channel monitors (OCM), pump lasers (EDFA), transmission lasers (DWDM), and photonic integrated circuits (PIC).

Regional Outlook and Trend Analysis

Asia Pacific represented the biggest share of the overall thermoelectric modules market in 2017, trailed by the Americas and Europe. APAC possess the biggest share of the thermoelectric modules market as a maximum number of producers have their production plants in this region. The other factors attributable for this development are low costs of manufacturing due to low overhead costs and inexpensive labour, and rising demand for thermoelectric modules and waste heat recovery, industrial automation, and healthcare monitoring devices, as well as developing industrialization.

Competitive Insights

The leading players in the market are TEC Microsystems GmbH, RMT Ltd, KELK Ltd, T E Technology Inc, Hi-Z Technology Inc, EVERREDtronics and LG Innotek. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

The Thermoelectric Modules Market is segmented as follows-

By TEchnology:


Single Stage
Multi Stage


By End User:


Consumer Electronics
Aerospace & Defense
Telecommunications
Industrial
Automotive
Oil, Gas & Mining
Medical & Laboratories


By Region


North America



U.S
Canada
Mexico



Europe



Germany
France
UK
Italy
Spain
Rest of Europe



Asia-Pacific



Japan
China
Australia
India
South Korea
Rest of Asia Pacific



Rest of the World



Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023`
What will be the industry market growth from 2015 to 2023`
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast`
What are the major segments leading the market growth and why`
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition`

Table of Content

Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Improved Vehicle Fuel Efficiency Using Thermoelectric Modules
3.2.1.2. Increasing Awareness of Green Energy
3.2.2. Restraints
3.2.2.1. High Cost as Compared to Conventional Cooling and Refrigeration Systems
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Thermoelectric Modules Market, By Technology
4.1. Introduction
4.2. Global Thermoelectric Modules Sales, Revenue and Market Share by Technology (2014-2017)
4.2.1. Global Thermoelectric Modules Sales and Sales Share by Technology (2014-2017)
4.2.2. Global Thermoelectric Modules Revenue and Revenue Share by Technology (2014-2017)
4.3. Thermoelectric Modules Market Assessment and Forecast, By Technology, 2014-2023
4.4. Single Stage
4.4.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5. Multi Stage
4.5.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5. Thermoelectric Modules Market, By End User
5.1. Introduction
5.2. Global Thermoelectric Modules Sales, Revenue and Market Share by End User (2014-2017)
5.2.1. Global Thermoelectric Modules Sales and Sales Share by End User (2014-2017)
5.2.2. Global Thermoelectric Modules Revenue and Revenue Share by End User (2014-2017)
5.3. The Thermoelectric Modules Market Assessment and Forecast, By End User, 2014-2023
5.4. Automotive
5.4.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.5. Consumer Electronics
5.5.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.6. Aerospace & Defense
5.6.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.7. Medical & Laboratories
5.7.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.8. Telecommunications
5.8.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.9. Industrial
5.9.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.10. Oil, Gas & Mining
5.10.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
6. Thermoelectric Modules Market, By Region
6.1. Introduction
6.2. Thermoelectric Modules Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6.3. Global Thermoelectric Modules Sales, Revenue and Market Share by Regions
6.3.1. Global Thermoelectric Modules Sales by Regions (2014-2017)
6.3.2. Global Thermoelectric Modules Revenue by Regions (2014-2017)
6.4. North America
6.4.1. North America Thermoelectric Modules Sales and Growth Rate (2014-2017)
6.4.2. Market Assessment and Forecast, By Country, 2014-2023($Million)
6.4.3. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.4.4. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.4.5. U.S.
6.4.5.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.4.5.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.4.6. Canada
6.4.6.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.4.6.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.4.7. Mexico
6.4.7.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.4.7.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.5. Europe
6.5.1. Europe Thermoelectric Modules Sales and Growth Rate (2014-2017)
6.5.2. Market Assessment and Forecast, By Country, 2014-2023($Million)
6.5.3. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.5.4. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.5.5. Germany
6.5.5.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.5.5.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.5.6. France
6.5.6.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.5.6.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.5.7. UK
6.5.7.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.5.7.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.5.8. Italy
6.5.8.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.5.8.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.5.9. Spain
6.5.9.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.5.9.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.5.10. Rest of Europe
6.5.10.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.5.10.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.6. Asia-Pacific
6.6.1. Asia-Pacific Thermoelectric Modules Sales and Growth Rate (2014-2017)
6.6.2. Market Assessment and Forecast, By Country, 2014-2023($Million)
6.6.3. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.6.4. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.6.5. Japan
6.6.5.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.6.5.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.6.6. China
6.6.6.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.6.6.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.6.7. Australia
6.6.7.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.6.7.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.6.8. India
6.6.8.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.6.8.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.6.9. South Korea
6.6.9.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.6.9.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.6.10. Rest of Asia-Pacific
6.6.10.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.6.10.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.7. Rest of the World
6.7.1. Rest of the World Thermoelectric Modules Sales and Growth Rate (2014-2017)
6.7.2. Market Assessment and Forecast, By Country, 2014-2023($Million)
6.7.3. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.7.4. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.7.5. Brazil
6.7.5.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.7.5.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.7.6. Turkey
6.7.6.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.7.6.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.7.7. Saudi Arabia
6.7.7.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.7.7.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.7.8. South Africa
6.7.8.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.7.8.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.7.9. United Arab Emirates
6.7.9.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.7.9.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
6.7.10. Others
6.7.10.1. Market Assessment and Forecast, By Technology, 2014-2023($Million)
6.7.10.2. Market Assessment and Forecast, By End User, 2014-2023($Million)
7. Company Profiles
7.1. Ferrotec
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Thermoelectric Modules Sales, Revenue and Market Share
7.2. Laird
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Thermoelectric Modules Sales, Revenue and Market Share
7.3. II-VI Marlow
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Thermoelectric Modules Sales, Revenue and Market Share
7.4. TE Technology
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Thermoelectric Modules Sales, Revenue and Market Share
7.5. TEC Microsystems
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Thermoelectric Modules Sales, Revenue and Market Share
7.6. Crystal Ltd.
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Thermoelectric Modules Sales, Revenue and Market Share
7.7. Kryotherm
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Thermoelectric Modules Sales, Revenue and Market Share
7.8. RMT Ltd
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Thermoelectric Modules Sales, Revenue and Market Share
7.9. Thermion Company
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.9.4. Thermoelectric Modules Sales, Revenue and Market Share
7.10. Thermonamic Electronics
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.10.4. Thermoelectric Modules Sales, Revenue and Market Share
8. Global Thermoelectric Modules Market Competition, by Manufacturer
8.1. Global Thermoelectric Modules Sales and Market Share by Manufacturer (2016-2017)
8.2. Global Thermoelectric Modules Revenue and Market Share by Manufacturer (2016-2017)
8.3. Top 5 Thermoelectric Modules Manufacturer Market Share
8.4. Market Competition Trend


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