About Thermoelectric Modules Thermoelectric modules are semiconductor cooling devices, which work using the movement of heat when current flows through the junction of two distinct metals. Therefore, when a low voltage DC power source is applied to the thermoelectric module, heat will be transferred from one side to the other via the module. These modules offer several advantages over the traditional cooling systems such as accurate temperature control and cycling, compact formfactor, energy efficiency, low power consumption, robust and durable design, fully reversible switch in polarity, and rapid response time. As a result of such benefits, thermoelectric modules find applications in automotive (climate control seats of automobiles), consumer electronics (ACs and dryers), aerospace and defense, healthcare (biotechnology), industrial (cooling chillers), and telecommunication (optical communications) sectors. However, the cost of these modules is expensive compared with the conventional cooling and refrigeration systems, which is hampering their adoption. Therefore, vendors will focus on developing cost-effective thermoelectric modules that offer efficiency, reliability, and increased precision to gain a competitive advantage in the market during... Research Beam Model: Research Beam Product ID: 2780646 3500 USD New
Global Thermoelectric Modules Market 2017-2021
 
 

Global Thermoelectric Modules Market 2017-2021

  • Category : Semiconductor and Electronics
  • Published On : December   2017
  • Pages : 107
  • Publisher : Technavio
 
 
 
About Thermoelectric Modules

Thermoelectric modules are semiconductor cooling devices, which work using the movement of heat when current flows through the junction of two distinct metals. Therefore, when a low voltage DC power source is applied to the thermoelectric module, heat will be transferred from one side to the other via the module. These modules offer several advantages over the traditional cooling systems such as accurate temperature control and cycling, compact formfactor, energy efficiency, low power consumption, robust and durable design, fully reversible switch in polarity, and rapid response time. As a result of such benefits, thermoelectric modules find applications in automotive (climate control seats of automobiles), consumer electronics (ACs and dryers), aerospace and defense, healthcare (biotechnology), industrial (cooling chillers), and telecommunication (optical communications) sectors. However, the cost of these modules is expensive compared with the conventional cooling and refrigeration systems, which is hampering their adoption. Therefore, vendors will focus on developing cost-effective thermoelectric modules that offer efficiency, reliability, and increased precision to gain a competitive advantage in the market during the forecast period.

Technavio’s analysts forecast the global thermoelectric modules market to grow at a CAGR of 9.91% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global thermoelectric modules market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price (ASP) of the product.

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

Technavio's report, Global Thermoelectric Modules 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
• Ferrotec
• KELK
• Laird
• II-VI Marlow
Other prominent vendors
• RMT
• Tellurex
• Thermion
• TE Technology
Market driver
• Increased construction activities
• For a full, detailed list, view our report

Market challenge
• Capital intensity of HVAC systems
• For a full, detailed list, view our report

Market trend
• Growing demand for smart homes and development of smart cities
• 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
• Market outline
PART 05: MARKET LANDSCAPE
• Market characteristics
• Market segmentation analysis
PART 06: MARKET SIZING
• Market definition
• Market sizing 2016
• Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 08: MARKET SEGMENTATION BY APPLICATION
• Segmentation by application
• Comparison by application
• Commercial – Market size and forecast 2016-2021
• Government – Market size and forecast 2016-2021
• Market opportunity by application
PART 09: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• APAC – Market size and forecast 2016-2021
• Americas – Market size and forecast 2016-2021
• EMEA – Market size and forecast 2016-2021
• Key leading countries
• Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
• Market drivers
• Market challenges
PART 12: MARKET TRENDS
• Growing demand for smart homes and development of smart cities
• Growing adoption in HEVs
• Emergence of smart thermostats
PART 13: VENDOR LANDSCAPE
• Competitive scenario
• Key vendors
• Other prominent vendors
PART 14: VENDOR ANALYSIS
• Vendor overview
PART 15: APPENDIX
• List of abbreviations
List of Exhibits
Exhibit 01: Market characteristics
Exhibit 02: Market segments
Exhibit 03: Market definition: Inclusions and exclusions checklist
Exhibit 04: Market size 2016
Exhibit 05: Validation techniques employed for market sizing: 2016
Exhibit 06: Global – Market size and forecast 2016-2021 ($ mn)
Exhibit 07: Global – Year-over-year growth 2017-2021 (%)
Exhibit 08: Five forces analysis 2016
Exhibit 09: Bargaining power of buyers
Exhibit 10: Bargaining power of suppliers
Exhibit 11: Threat of new entrants
Exhibit 12: Threat of substitutes
Exhibit 13: Threat of rivalry
Exhibit 14: Market condition-Five forces 2016
Exhibit 15: Application – Market share 2016-2021 (%)
Exhibit 16: Comparison by application
Exhibit 17: Commercial – Market size and forecast 2016-2021 ($ mn)
Exhibit 18: Commercial – Year-over-year growth 2017-2021 (%)
Exhibit 19: Government – Market size and forecast 2016-2021 ($ mn)
Exhibit 20: Government – Year-over-year growth 2017-2021 (%)
Exhibit 21: Market opportunity by application
Exhibit 22: Global – Market share by geography 2016-2021 (%)
Exhibit 23: Regional comparison
Exhibit 24: APAC – Market size and forecast 2016-2021 ($ mn)
Exhibit 25: APAC – Year-over-year growth 2017-2021 (%)
Exhibit 26: Top three countries in APAC
Exhibit 27: Americas – Market size and forecast 2016-2021 ($ mn)
Exhibit 28: Americas – Year-over-year growth 2017-2021 (%)
Exhibit 29: Top two countries in Americas
Exhibit 30: EMEA – Market size and forecast 2016-2021 ($ mn)
Exhibit 31: EMEA – Year-over-year growth 2017-2021 (%)
Exhibit 32: GDP of leading countries in Europe 2012-2015
Exhibit 33: Top two countries in EMEA
Exhibit 34: Key leading countries
Exhibit 35: Market opportunity
Exhibit 36: US budget and procurement expense 2014-2016 (millions)
Exhibit 37: Top 10 countries on military spending 2016 ($ billions)
Exhibit 38: Few advantages of using or being connected to IoT network
Exhibit 39: Program characteristics of WAP USA at inception
Exhibit 40: US DOE budget allocation ($)
Exhibit 41: Smart home penetration regional share 2016-2021 (%)
Exhibit 42: Other prominent vendors

PURCHASE OPTIONS
 
 
 

How can we help you?

Contact us at the Consulting WP office nearest to you or submit a business inquiry online.


  Contact
 

Subscribe to Our Newsletter

 
 
REQUEST SAMPLE    ASK FOR DISCOUNT