Global Thermoelectric Generator Market 2017-2021

About Thermoelectric Generator

A thermoelectric generator (TEG) is a device that is primarily used for energy generation. It can also be used as a heat pump. As energy generators, TEGs convert waste heat into electricity. As heat pumps, they transfer heat to a device from one side to the other. Therefore, TEGs are like heat engines but are compact in size, silent, and have no moving parts. TEGs have a longer operational life and have no maintenance requirements, which makes them a preferred choice for unmanned sites like offshore gas pipelines.

Technavio’s analysts forecast the global thermoelectric generator market to grow at a CAGR of 12.95% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global thermoelectric generator market for 2017-2021. To calculate the market size, the report considers revenue generated from new shipments and sales of thermoelectric generators.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Thermoelectric Generator Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Alphabet Energy
• Ferrotec Corporation
• Gentherm Global Power Technologies (GPT)

Other prominent vendors
• II-VI Marlow
• ADVANCE RIKO
• Align Sourcing
• EH4
• EVERREDtronics
• Evident Thermoelectrics
• greenTEG
• Hi-Z Technology
• Hotblock Onboard
• KELK
• LAIRD
• Marvel Thermoelectrics
• Matrix Industries
• O-Flexx Technologies
• otego
• Perpetua Power Source Technologies
• Phononic
• RGS DEVELOPMENT
• Romny Scientific
• Tellurex Corporation
• TE Technology
• Yamaha Corporation

Market driver
• Applicability in harsh environments
• For a full, detailed list, view our report

Market challenge
• Low conversion efficiency
• For a full, detailed list, view our report

Market trend
• Automation of industries
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

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