Solid State Cooling Market (Type: Single-stage and Multi-stage; and Technology: Thermoelectric, Electrocaloric, Magnetocaloric, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034

Solid State Cooling Market (Type: Single-stage and Multi-stage; and Technology: Thermoelectric, Electrocaloric, Magnetocaloric, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034


Solid State Cooling Market – Scope of Report

TMR’s report on the global solid state cooling market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2024 to 2034. The report provides revenue of the global solid state cooling market for the period 2018–2034, considering 2024 as the base year and 2034 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global solid state cooling market from 2024 to 2034.

The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the solid state cooling market.

Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global solid state cooling market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global solid state cooling market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global solid state cooling market.

The report delves into the competitive landscape of the global solid state cooling market. Key players operating in the global solid state cooling market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global solid state cooling market profiled in this report.

Key Questions Answered in Global solid state cooling Market Report
  • What is the sales/revenue generated by solid state cooling across all regions during the forecast period?
  • What are the opportunities in the global solid state cooling market?
  • What are the major drivers, restraints, opportunities, and threats in the market?
  • Which regional market is set to expand at the fastest CAGR during the forecast period?
  • Which segment is expected to generate the highest revenue globally in 2034?
  • Which segment is projected to expand at the highest CAGR during the forecast period?
  • What are the market positions of different companies operating in the global market?
Solid State Cooling Market – Research Objectives and Research Approach

The comprehensive report on the global solid state cooling market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

The report analyzes the global solid state cooling market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2034 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global solid state cooling market.


1. Preface
1.1. Market and Segment Definitions
1.2. Market Taxonomy
1.3. Research Methodology
1.4. Assumption and Acronyms
2. Executive Summary
2.1. Global Solid State Cooling Market Overview
2.2. Regional Outline
2.3. Industry Outline
2.4. Market Dynamics Snapshot
2.5. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Drivers
3.3. Restraints
3.4. Opportunities
3.5. Key Trends
3.6. Regulatory Framework
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview
4.2. Ecosystem Analysis
4.3. Pricing Analysis
4.4. Technology Roadmap Analysis
4.5. Industry SWOT Analysis
4.6. Porter’s Five Forces Analysis
5. Global Solid State Cooling Market Analysis, by Type
5.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
5.1.1. Single-stage
5.1.2. Multi-stage
5.2. Market Attractiveness Analysis, by Type
6. Global Solid State Cooling Market Analysis, by Technology
6.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
6.1.1. Thermoelectric
6.1.2. Electrocaloric
6.1.3. Magnetocaloric
6.1.4. Others (Elastocaloric, Barocaloric, etc.)
6.2. Market Attractiveness Analysis, by Technology
7. Global Solid State Cooling Market Analysis, By Application
7.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
7.1.1. Telecom Devices
7.1.2. Refrigerators
7.1.3. Battery Thermal Management
7.1.4. Heated and Cooled Vehicle Seats
7.1.5. Industrial Equipment
7.1.6. Air Conditioners
7.1.7. Chillers
7.1.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
7.2. Market Attractiveness Analysis, By Application
8. Global Solid State Cooling Market Analysis and Forecast, By End-use Industry
8.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
8.1.1. Automotive
8.1.2. Food and Beverages
8.1.3. Aerospace and Defense
8.1.4. Semiconductor and Electronics
8.1.5. IT and Telecommunications
8.1.6. Industrial
8.1.7. Others (Healthcare, Research and Academia, etc.)
8.2. Market Attractiveness Analysis, By End-use Industry
9. Global Solid State Cooling Market Analysis and Forecast, by Region
9.1. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Region, 2020-2034
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Middle East & Africa
9.1.5. South America
9.2. Market Attractiveness Analysis, by Region
10. North America Solid State Cooling Market Analysis and Forecast
10.1. Market Snapshot
10.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
10.2.1. Single-stage
10.2.2. Multi-stage
10.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
10.3.1. Thermoelectric
10.3.2. Electrocaloric
10.3.3. Magnetocaloric
10.3.4. Others (Elastocaloric, Barocaloric, etc.)
10.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
10.4.1. Telecom Devices
10.4.2. Refrigerators
10.4.3. Battery Thermal Management
10.4.4. Heated and Cooled Vehicle Seats
10.4.5. Industrial Equipment
10.4.6. Air Conditioners
10.4.7. Chillers
10.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
10.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
10.5.1. Automotive
10.5.2. Food and Beverages
10.5.3. Aerospace and Defense
10.5.4. Semiconductor and Electronics
10.5.5. IT and Telecommunications
10.5.6. Industrial
10.5.7. Others (Healthcare, Research and Academia, etc.)
10.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country, 2020-2034
10.6.1. U.S.
10.6.2. Canada
10.6.3. Rest of North America
10.7. Market Attractiveness Analysis
10.7.1. By Type
10.7.2. By Technology
10.7.3. By Application
10.7.4. By End-use Industry
10.7.5. By Country
11. Europe Solid State Cooling Market Analysis and Forecast
11.1. Market Snapshot
11.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
11.2.1. Single-stage
11.2.2. Multi-stage
11.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
11.3.1. Thermoelectric
11.3.2. Electrocaloric
11.3.3. Magnetocaloric
11.3.4. Others (Elastocaloric, Barocaloric, etc.)
11.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
11.4.1. Telecom Devices
11.4.2. Refrigerators
11.4.3. Battery Thermal Management
11.4.4. Heated and Cooled Vehicle Seats
11.4.5. Industrial Equipment
11.4.6. Air Conditioners
11.4.7. Chillers
11.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
11.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
11.5.1. Automotive
11.5.2. Food and Beverages
11.5.3. Aerospace and Defense
11.5.4. Semiconductor and Electronics
11.5.5. IT and Telecommunications
11.5.6. Industrial
11.5.7. Others (Healthcare, Research and Academia, etc.)
11.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020-2034
11.6.1. U.K.
11.6.2. Germany
11.6.3. France
11.6.4. Italy
11.6.5. Spain
11.6.6. Rest of Europe
11.7. Market Attractiveness Analysis
11.7.1. By Type
11.7.2. By Technology
11.7.3. By Application
11.7.4. By End-use Industry
11.7.5. By Country/Sub-region
12. Asia Pacific Solid State Cooling Market Analysis and Forecast
12.1. Market Snapshot
12.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
12.2.1. Single-stage
12.2.2. Multi-stage
12.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
12.3.1. Thermoelectric
12.3.2. Electrocaloric
12.3.3. Magnetocaloric
12.3.4. Others (Elastocaloric, Barocaloric, etc.)
12.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
12.4.1. Telecom Devices
12.4.2. Refrigerators
12.4.3. Battery Thermal Management
12.4.4. Heated and Cooled Vehicle Seats
12.4.5. Industrial Equipment
12.4.6. Air Conditioners
12.4.7. Chillers
12.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
12.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
12.5.1. Automotive
12.5.2. Food and Beverages
12.5.3. Aerospace and Defense
12.5.4. Semiconductor and Electronics
12.5.5. IT and Telecommunications
12.5.6. Industrial
12.5.7. Others (Healthcare, Research and Academia, etc.)
12.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020-2034
12.6.1. China
12.6.2. Japan
12.6.3. India
12.6.4. South Korea
12.6.5. ASEAN
12.6.6. Rest of Asia Pacific
12.7. Market Attractiveness Analysis
12.7.1. By Type
12.7.2. By Technology
12.7.3. By Application
12.7.4. By End-use Industry
12.7.5. By Country/Sub-region
13. Middle East & Africa Solid State Cooling Market Analysis and Forecast
13.1. Market Snapshot
13.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
13.2.1. Single-stage
13.2.2. Multi-stage
13.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
13.3.1. Thermoelectric
13.3.2. Electrocaloric
13.3.3. Magnetocaloric
13.3.4. Others (Elastocaloric, Barocaloric, etc.)
13.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
13.4.1. Telecom Devices
13.4.2. Refrigerators
13.4.3. Battery Thermal Management
13.4.4. Heated and Cooled Vehicle Seats
13.4.5. Industrial Equipment
13.4.6. Air Conditioners
13.4.7. Chillers
13.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
13.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
13.5.1. Automotive
13.5.2. Food and Beverages
13.5.3. Aerospace and Defense
13.5.4. Semiconductor and Electronics
13.5.5. IT and Telecommunications
13.5.6. Industrial
13.5.7. Others (Healthcare, Research and Academia, etc.)
13.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020-2034
13.6.1. GCC
13.6.2. South Africa
13.6.3. Rest of Middle East & Africa
13.7. Market Attractiveness Analysis
13.7.1. By Type
13.7.2. By Technology
13.7.3. By Application
13.7.4. By End-use Industry
13.7.5. By Country/Sub-region
14. South America Solid State Cooling Market Analysis and Forecast
14.1. Market Snapshot
14.2. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Type, 2020-2034
14.2.1. Single-stage
14.2.2. Multi-stage
14.3. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Technology, 2020-2034
14.3.1. Thermoelectric
14.3.2. Electrocaloric
14.3.3. Magnetocaloric
14.3.4. Others (Elastocaloric, Barocaloric, etc.)
14.4. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By Application, 2020-2034
14.4.1. Telecom Devices
14.4.2. Refrigerators
14.4.3. Battery Thermal Management
14.4.4. Heated and Cooled Vehicle Seats
14.4.5. Industrial Equipment
14.4.6. Air Conditioners
14.4.7. Chillers
14.4.8. Others (Laboratory and Scientific Equipment, Thermal Therapy Devices, etc.)
14.5. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, By End-use Industry, 2020-2034
14.5.1. Automotive
14.5.2. Food and Beverages
14.5.3. Aerospace and Defense
14.5.4. Semiconductor and Electronics
14.5.5. IT and Telecommunications
14.5.6. Industrial
14.5.7. Others (Healthcare, Research and Academia, etc.)
14.6. Solid State Cooling Market Value (US$ Mn) Analysis & Forecast, by Country and Sub-region, 2020-2034
14.6.1. Brazil
14.6.2. Argentina
14.6.3. Rest of South America
14.7. Market Attractiveness Analysis
14.7.1. By Type
14.7.2. By Technology
14.7.3. By Application
14.7.4. By End-use Industry
14.7.5. By Country/Sub-region
15. Competition Assessment
15.1. Global Solid State Cooling Market Competition Matrix - a Dashboard View
15.1.1. Global Solid State Cooling Market Company Share Analysis, by Value (2023)
15.1.2. Technological Differentiator
16. Company Profiles (Global Manufacturers/Suppliers)
16.1. Ferrotec Holdings Corporation
16.1.1. Overview
16.1.2. Product Portfolio
16.1.3. Sales Footprint
16.1.4. Key Subsidiaries or Distributors
16.1.5. Strategy and Recent Developments
16.1.6. Key Financials
16.2. Te Technology, Inc.
16.2.1. Overview
16.2.2. Product Portfolio
16.2.3. Sales Footprint
16.2.4. Key Subsidiaries or Distributors
16.2.5. Strategy and Recent Developments
16.2.6. Key Financials
16.3. Align Sourcing LLC.
16.3.1. Overview
16.3.2. Product Portfolio
16.3.3. Sales Footprint
16.3.4. Key Subsidiaries or Distributors
16.3.5. Strategy and Recent Developments
16.3.6. Key Financials
16.4. AMS Technologies Ag
16.4.1. Overview
16.4.2. Product Portfolio
16.4.3. Sales Footprint
16.4.4. Key Subsidiaries or Distributors
16.4.5. Strategy and Recent Developments
16.4.6. Key Financials
16.5. Coherent Corp.
16.5.1. Overview
16.5.2. Product Portfolio
16.5.3. Sales Footprint
16.5.4. Key Subsidiaries or Distributors
16.5.5. Strategy and Recent Developments
16.5.6. Key Financials
16.6. Crystal Ltd.
16.6.1. Overview
16.6.2. Product Portfolio
16.6.3. Sales Footprint
16.6.4. Key Subsidiaries or Distributors
16.6.5. Strategy and Recent Developments
16.6.6. Key Financials
16.7. Delta Electronics, Inc.
16.7.1. Overview
16.7.2. Product Portfolio
16.7.3. Sales Footprint
16.7.4. Key Subsidiaries or Distributors
16.7.5. Strategy and Recent Developments
16.7.6. Key Financials
16.8. EVERREDtronics
16.8.1. Overview
16.8.2. Product Portfolio
16.8.3. Sales Footprint
16.8.4. Key Subsidiaries or Distributors
16.8.5. Strategy and Recent Developments
16.8.6. Key Financials
16.9. Komatsu
16.9.1. Overview
16.9.2. Product Portfolio
16.9.3. Sales Footprint
16.9.4. Key Subsidiaries or Distributors
16.9.5. Strategy and Recent Developments
16.9.6. Key Financials
16.10. Laird Thermal Systems, Inc.
16.10.1. Overview
16.10.2. Product Portfolio
16.10.3. Sales Footprint
16.10.4. Key Subsidiaries or Distributors
16.10.5. Strategy and Recent Developments
16.10.6. Key Financials
16.11. MERIT TECHNOLOGY GROUP
16.11.1. Overview
16.11.2. Product Portfolio
16.11.3. Sales Footprint
16.11.4. Key Subsidiaries or Distributors
16.11.5. Strategy and Recent Developments
16.11.6. Key Financials
16.12. Phononic
16.12.1. Overview
16.12.2. Product Portfolio
16.12.3. Sales Footprint
16.12.4. Key Subsidiaries or Distributors
16.12.5. Strategy and Recent Developments
16.12.6. Key Financials
16.13. Solid State Cooling Systems
16.13.1. Overview
16.13.2. Product Portfolio
16.13.3. Sales Footprint
16.13.4. Key Subsidiaries or Distributors
16.13.5. Strategy and Recent Developments
16.13.6. Key Financials
16.14. TEC Microsystems GmbH
16.14.1. Overview
16.14.2. Product Portfolio
16.14.3. Sales Footprint
16.14.4. Key Subsidiaries or Distributors
16.14.5. Strategy and Recent Developments
16.14.6. Key Financials
16.15. Thermonamic Electronics (Jiangxi) Corp., Ltd.
16.15.1. Overview
16.15.2. Product Portfolio
16.15.3. Sales Footprint
16.15.4. Key Subsidiaries or Distributors
16.15.5. Strategy and Recent Developments
16.15.6. Key Financials
17. Go to Market Strategy
17.1. Identification of Potential Market Spaces
17.2. Preferred Sales & Marketing Strategy

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