Global Peltier Chillers Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Peltier Chillers market size was valued at US$ 157 million in 2024 and is forecast to a readjusted size of USD 207 million by 2031 with a CAGR of 4.1% during review period.

Thermoelectric recirculating chillers (also called Peltier chillers) have many benefits and advantages when compared to compressor-based chillers. Thermoelectric chillers utilize multiple arrays of thermoelectric chips (TECs) coupled with heat sinks, fans and liquid heat exchangers to provide extremely accurate thermal control of the outgoing fluid. As TECs also have the ability to heat as well as cool, thermoelectric chillers provide extremely fast and accurate temperature control and stability and can reach a temperature stability of just a few 0.01°C with a stable heat load. Compressor chillers utilize compressors with refrigerant, condensers and evaporators to provide bulk cooling and typically resistive heaters in order to counteract the on-off cooling of compressors.

Peltier chillers are widely used refrigeration devices in industries such as healthcare, research, and industrial sectors, employing the thermoelectric effect for cooling purposes. The market for Peltier chillers has been expanding steadily, driven by increasing demand, especially in biomedicine, semiconductor manufacturing, and optoelectronics. Sales continue to rise due to the continuous pursuit of efficient and reliable cooling solutions. Specific applications encompass temperature control, sample preservation, and cooling of laser equipment, among others. The future development prospects are promising, as ongoing technological innovations will enhance the capabilities of Peltier chillers across various domains to meet the growing market demands.

This report is a detailed and comprehensive analysis for global Peltier Chillers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Peltier Chillers market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Peltier Chillers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Peltier Chillers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Peltier Chillers market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Peltier Chillers

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Peltier Chillers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SMC, Solid State Cooling Systems, ThermoTek, TECA, Laird Thermal Systems, Thorlabs, Crystal, LAUDA, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Peltier Chillers market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Air-Cooled
Water-Cooled

Market segment by Application
Laser Cooling
Laboratory
Medical Equipment
Semiconductor
Other

Major players covered
SMC
Solid State Cooling Systems
ThermoTek
TECA
Laird Thermal Systems
Thorlabs
Crystal
LAUDA

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Peltier Chillers product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Peltier Chillers, with price, sales quantity, revenue, and global market share of Peltier Chillers from 2020 to 2025.

Chapter 3, the Peltier Chillers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Peltier Chillers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Peltier Chillers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Peltier Chillers.

Chapter 14 and 15, to describe Peltier Chillers sales channel, distributors, customers, research findings and conclusion.