Global Automotive Thermoelectric Modules Market Growth 2025-2031

The global Automotive Thermoelectric Modules market size is predicted to grow from US$ 172 million in 2025 to US$ 293 million in 2031; it is expected to grow at a CAGR of 9.2% from 2025 to 2031.

The Thermoelectric Cooler module (TEM), also known as the Thermoelectric Cooler or Thermoelectric Cooler, is a semiconductor device composed of many small and effective heat pumps. By loading a low DC voltage at both ends of the Thermoelectric Cooler, the heat will flow from one end of the component to the other.Automotive Thermoelectric Modules are modules that have obtained automotive grade certification and are used in automotive applications. They meet the requirements of the automotive industry in terms of reliability, stability and product quality. The leading companies in Automotive Thermoelectric Modules are mainly Ferrotec, Coherent and Laird Thermal Systems, and the market share of the top three companies exceeds 50%.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Thermoelectric Modules Industry Forecast” looks at past sales and reviews total world Automotive Thermoelectric Modules sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Thermoelectric Modules sales for 2025 through 2031. With Automotive Thermoelectric Modules sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Thermoelectric Modules industry.

This Insight Report provides a comprehensive analysis of the global Automotive Thermoelectric Modules landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Thermoelectric Modules portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Thermoelectric Modules market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Thermoelectric Modules and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Thermoelectric Modules.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Thermoelectric Modules market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Single Stage Thermoelectric Modules
Multi-stage Thermoelectric Modules

Segmentation by Application:
Automotive Seat
Automotive ADAS
Automotive Laser Radar
Automotive HUD
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Ferrotec Material Technologies Corporation
Coherent
Laird Thermal Systems
Thermion Company
KELK
Z-MAX
Kryotherm Industries
TE Technology
Phononic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Thermoelectric Modules market?

What factors are driving Automotive Thermoelectric Modules market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Thermoelectric Modules market opportunities vary by end market size?

How does Automotive Thermoelectric Modules break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.