Global Thermoelectric Recirculating Chiller Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Thermoelectric Recirculating Chiller market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %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.

The market position of thermoelectric recirculating chillers is steadily strengthening, primarily catering to research laboratories, medical equipment, and industrial refrigeration applications. Its sales volume is continuously expanding, driven by environmental trends and heightened energy efficiency requirements. In the future, with the advancement of renewable energy technologies and the growing importance of environmental sustainability, thermoelectric recirculating chillers are poised for continued growth, particularly in areas like high-performance electronic device cooling and the semiconductor industry, to meet the ever-increasing cooling demands.

This report is a detailed and comprehensive analysis for global Thermoelectric Recirculating Chiller 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 Thermoelectric Recirculating Chiller market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Thermoelectric Recirculating Chiller 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 Thermoelectric Recirculating Chiller 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 Thermoelectric Recirculating Chiller 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 Thermoelectric Recirculating Chiller

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 Thermoelectric Recirculating Chiller 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

Thermoelectric Recirculating Chiller 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
Industrial
Laboratories
Others

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 Thermoelectric Recirculating Chiller product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Thermoelectric Recirculating Chiller 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 Thermoelectric Recirculating Chiller 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 Thermoelectric Recirculating Chiller.

Chapter 14 and 15, to describe Thermoelectric Recirculating Chiller sales channel, distributors, customers, research findings and conclusion.