Global Thermoelectric Modules Market Analysis and Forecast 2024-2030

Global Thermoelectric Modules Market Analysis and Forecast 2024-2030


Summary

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.

According to APO Research, The global Thermoelectric Modules market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Thermoelectric Modules is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Thermoelectric Modules is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Thermoelectric Modules is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Thermoelectric Modules is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Thermoelectric Modules include Ferrotec, Laird, KELK, Marlow, RMT, CUI, Hi-Z, Tellurex and Crystal, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Thermoelectric Modules production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Thermoelectric Modules by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Thermoelectric Modules, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Thermoelectric Modules, also provides the consumption of main regions and countries. Of the upcoming market potential for Thermoelectric Modules, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Thermoelectric Modules sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Thermoelectric Modules market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Thermoelectric Modules sales, projected growth trends, production technology, application and end-user industry.

Thermoelectric Modules segment by Company

Ferrotec
Laird
KELK
Marlow
RMT
CUI
Hi-Z
Tellurex
Crystal
P&N Tech
Thermonamic Electronics
Kryo Therm
Wellen Tech
AMS Technologies
Thermoelectric Modules segment by Type

Single Stage Module
Multistage Module
Thermoelectric Modules segment by Application

Automotive
Electronics
Biomedical
Others
Thermoelectric Modules segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Thermoelectric Modules market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Thermoelectric Modules and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Thermoelectric Modules.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Thermoelectric Modules production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Thermoelectric Modules in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 5: Detailed analysis of Thermoelectric Modules manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Thermoelectric Modules sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Thermoelectric Modules Market by Type
1.2.1 Global Thermoelectric Modules Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Single Stage Module
1.2.3 Multistage Module
1.3 Thermoelectric Modules Market by Application
1.3.1 Global Thermoelectric Modules Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Automotive
1.3.3 Electronics
1.3.4 Biomedical
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Thermoelectric Modules Market Dynamics
2.1 Thermoelectric Modules Industry Trends
2.2 Thermoelectric Modules Industry Drivers
2.3 Thermoelectric Modules Industry Opportunities and Challenges
2.4 Thermoelectric Modules Industry Restraints
3 Global Thermoelectric Modules Production Overview
3.1 Global Thermoelectric Modules Production Capacity (2019-2030)
3.2 Global Thermoelectric Modules Production by Region: 2019 VS 2023 VS 2030
3.3 Global Thermoelectric Modules Production by Region
3.3.1 Global Thermoelectric Modules Production by Region (2019-2024)
3.3.2 Global Thermoelectric Modules Production by Region (2025-2030)
3.3.3 Global Thermoelectric Modules Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 China
4 Global Market Growth Prospects
4.1 Global Thermoelectric Modules Revenue Estimates and Forecasts (2019-2030)
4.2 Global Thermoelectric Modules Revenue by Region
4.2.1 Global Thermoelectric Modules Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Thermoelectric Modules Revenue by Region (2019-2024)
4.2.3 Global Thermoelectric Modules Revenue by Region (2025-2030)
4.2.4 Global Thermoelectric Modules Revenue Market Share by Region (2019-2030)
4.3 Global Thermoelectric Modules Sales Estimates and Forecasts 2019-2030
4.4 Global Thermoelectric Modules Sales by Region
4.4.1 Global Thermoelectric Modules Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Thermoelectric Modules Sales by Region (2019-2024)
4.4.3 Global Thermoelectric Modules Sales by Region (2025-2030)
4.4.4 Global Thermoelectric Modules Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Thermoelectric Modules Revenue by Manufacturers
5.1.1 Global Thermoelectric Modules Revenue by Manufacturers (2019-2024)
5.1.2 Global Thermoelectric Modules Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Thermoelectric Modules Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Thermoelectric Modules Sales by Manufacturers
5.2.1 Global Thermoelectric Modules Sales by Manufacturers (2019-2024)
5.2.2 Global Thermoelectric Modules Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Thermoelectric Modules Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Thermoelectric Modules Sales Price by Manufacturers (2019-2024)
5.4 Global Thermoelectric Modules Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Thermoelectric Modules Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Thermoelectric Modules Manufacturers, Product Type & Application
5.7 Global Thermoelectric Modules Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Thermoelectric Modules Market CR5 and HHI
5.8.2 2023 Thermoelectric Modules Tier 1, Tier 2, and Tier 3
6 Thermoelectric Modules Market by Type
6.1 Global Thermoelectric Modules Revenue by Type
6.1.1 Global Thermoelectric Modules Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Thermoelectric Modules Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Thermoelectric Modules Revenue Market Share by Type (2019-2030)
6.2 Global Thermoelectric Modules Sales by Type
6.2.1 Global Thermoelectric Modules Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Thermoelectric Modules Sales by Type (2019-2030) & (K Units)
6.2.3 Global Thermoelectric Modules Sales Market Share by Type (2019-2030)
6.3 Global Thermoelectric Modules Price by Type
7 Thermoelectric Modules Market by Application
7.1 Global Thermoelectric Modules Revenue by Application
7.1.1 Global Thermoelectric Modules Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Thermoelectric Modules Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Thermoelectric Modules Revenue Market Share by Application (2019-2030)
7.2 Global Thermoelectric Modules Sales by Application
7.2.1 Global Thermoelectric Modules Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Thermoelectric Modules Sales by Application (2019-2030) & (K Units)
7.2.3 Global Thermoelectric Modules Sales Market Share by Application (2019-2030)
7.3 Global Thermoelectric Modules Price by Application
8 Company Profiles
8.1 Ferrotec
8.1.1 Ferrotec Comapny Information
8.1.2 Ferrotec Business Overview
8.1.3 Ferrotec Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Ferrotec Thermoelectric Modules Product Portfolio
8.1.5 Ferrotec Recent Developments
8.2 Laird
8.2.1 Laird Comapny Information
8.2.2 Laird Business Overview
8.2.3 Laird Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Laird Thermoelectric Modules Product Portfolio
8.2.5 Laird Recent Developments
8.3 KELK
8.3.1 KELK Comapny Information
8.3.2 KELK Business Overview
8.3.3 KELK Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 KELK Thermoelectric Modules Product Portfolio
8.3.5 KELK Recent Developments
8.4 Marlow
8.4.1 Marlow Comapny Information
8.4.2 Marlow Business Overview
8.4.3 Marlow Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Marlow Thermoelectric Modules Product Portfolio
8.4.5 Marlow Recent Developments
8.5 RMT
8.5.1 RMT Comapny Information
8.5.2 RMT Business Overview
8.5.3 RMT Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 RMT Thermoelectric Modules Product Portfolio
8.5.5 RMT Recent Developments
8.6 CUI
8.6.1 CUI Comapny Information
8.6.2 CUI Business Overview
8.6.3 CUI Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 CUI Thermoelectric Modules Product Portfolio
8.6.5 CUI Recent Developments
8.7 Hi-Z
8.7.1 Hi-Z Comapny Information
8.7.2 Hi-Z Business Overview
8.7.3 Hi-Z Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 Hi-Z Thermoelectric Modules Product Portfolio
8.7.5 Hi-Z Recent Developments
8.8 Tellurex
8.8.1 Tellurex Comapny Information
8.8.2 Tellurex Business Overview
8.8.3 Tellurex Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Tellurex Thermoelectric Modules Product Portfolio
8.8.5 Tellurex Recent Developments
8.9 Crystal
8.9.1 Crystal Comapny Information
8.9.2 Crystal Business Overview
8.9.3 Crystal Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Crystal Thermoelectric Modules Product Portfolio
8.9.5 Crystal Recent Developments
8.10 P&N Tech
8.10.1 P&N Tech Comapny Information
8.10.2 P&N Tech Business Overview
8.10.3 P&N Tech Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.10.4 P&N Tech Thermoelectric Modules Product Portfolio
8.10.5 P&N Tech Recent Developments
8.11 Thermonamic Electronics
8.11.1 Thermonamic Electronics Comapny Information
8.11.2 Thermonamic Electronics Business Overview
8.11.3 Thermonamic Electronics Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.11.4 Thermonamic Electronics Thermoelectric Modules Product Portfolio
8.11.5 Thermonamic Electronics Recent Developments
8.12 Kryo Therm
8.12.1 Kryo Therm Comapny Information
8.12.2 Kryo Therm Business Overview
8.12.3 Kryo Therm Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.12.4 Kryo Therm Thermoelectric Modules Product Portfolio
8.12.5 Kryo Therm Recent Developments
8.13 Wellen Tech
8.13.1 Wellen Tech Comapny Information
8.13.2 Wellen Tech Business Overview
8.13.3 Wellen Tech Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.13.4 Wellen Tech Thermoelectric Modules Product Portfolio
8.13.5 Wellen Tech Recent Developments
8.14 AMS Technologies
8.14.1 AMS Technologies Comapny Information
8.14.2 AMS Technologies Business Overview
8.14.3 AMS Technologies Thermoelectric Modules Sales, Revenue, Price and Gross Margin (2019-2024)
8.14.4 AMS Technologies Thermoelectric Modules Product Portfolio
8.14.5 AMS Technologies Recent Developments
9 North America
9.1 North America Thermoelectric Modules Market Size by Type
9.1.1 North America Thermoelectric Modules Revenue by Type (2019-2030)
9.1.2 North America Thermoelectric Modules Sales by Type (2019-2030)
9.1.3 North America Thermoelectric Modules Price by Type (2019-2030)
9.2 North America Thermoelectric Modules Market Size by Application
9.2.1 North America Thermoelectric Modules Revenue by Application (2019-2030)
9.2.2 North America Thermoelectric Modules Sales by Application (2019-2030)
9.2.3 North America Thermoelectric Modules Price by Application (2019-2030)
9.3 North America Thermoelectric Modules Market Size by Country
9.3.1 North America Thermoelectric Modules Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Thermoelectric Modules Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Thermoelectric Modules Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Thermoelectric Modules Market Size by Type
10.1.1 Europe Thermoelectric Modules Revenue by Type (2019-2030)
10.1.2 Europe Thermoelectric Modules Sales by Type (2019-2030)
10.1.3 Europe Thermoelectric Modules Price by Type (2019-2030)
10.2 Europe Thermoelectric Modules Market Size by Application
10.2.1 Europe Thermoelectric Modules Revenue by Application (2019-2030)
10.2.2 Europe Thermoelectric Modules Sales by Application (2019-2030)
10.2.3 Europe Thermoelectric Modules Price by Application (2019-2030)
10.3 Europe Thermoelectric Modules Market Size by Country
10.3.1 Europe Thermoelectric Modules Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Thermoelectric Modules Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Thermoelectric Modules Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Thermoelectric Modules Market Size by Type
11.1.1 China Thermoelectric Modules Revenue by Type (2019-2030)
11.1.2 China Thermoelectric Modules Sales by Type (2019-2030)
11.1.3 China Thermoelectric Modules Price by Type (2019-2030)
11.2 China Thermoelectric Modules Market Size by Application
11.2.1 China Thermoelectric Modules Revenue by Application (2019-2030)
11.2.2 China Thermoelectric Modules Sales by Application (2019-2030)
11.2.3 China Thermoelectric Modules Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Thermoelectric Modules Market Size by Type
12.1.1 Asia Thermoelectric Modules Revenue by Type (2019-2030)
12.1.2 Asia Thermoelectric Modules Sales by Type (2019-2030)
12.1.3 Asia Thermoelectric Modules Price by Type (2019-2030)
12.2 Asia Thermoelectric Modules Market Size by Application
12.2.1 Asia Thermoelectric Modules Revenue by Application (2019-2030)
12.2.2 Asia Thermoelectric Modules Sales by Application (2019-2030)
12.2.3 Asia Thermoelectric Modules Price by Application (2019-2030)
12.3 Asia Thermoelectric Modules Market Size by Country
12.3.1 Asia Thermoelectric Modules Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Thermoelectric Modules Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Thermoelectric Modules Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Thermoelectric Modules Market Size by Type
13.1.1 Middle East, Africa and Latin America Thermoelectric Modules Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Thermoelectric Modules Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Thermoelectric Modules Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Thermoelectric Modules Market Size by Application
13.2.1 Middle East, Africa and Latin America Thermoelectric Modules Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Thermoelectric Modules Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Thermoelectric Modules Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Thermoelectric Modules Market Size by Country
13.3.1 Middle East, Africa and Latin America Thermoelectric Modules Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Thermoelectric Modules Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Thermoelectric Modules Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Thermoelectric Modules Value Chain Analysis
14.1.1 Thermoelectric Modules Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Thermoelectric Modules Production Mode & Process
14.2 Thermoelectric Modules Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Thermoelectric Modules Distributors
14.2.3 Thermoelectric Modules Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

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