Report overview
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.
At this point, one end of the cooler will be cooler and the other end will be warmer.
By changing the direction of the current, you can change the direction of the heat flow, sending heat to the other end.
Thermoelectric coolers, also known as solid state heat pumps, can perform both cooling and heating functions on a single thermoelectric refrigerator.
By changing the direction of the current, the cooling plate can have the function of cooling and heating.
By changing the current, the cooling temperature is different, and thermoelectric coolers can be used for precise temperature control.
This report aims to provide a comprehensive presentation of the global market for Thermoelectric Cooler (TEC) Modules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoelectric Cooler (TEC) Modules. This report contains market size and forecasts of Thermoelectric Cooler (TEC) Modules in global, including the following market information:
Global Thermoelectric Cooler (TEC) Modules Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Thermoelectric Cooler (TEC) Modules Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Thermoelectric Cooler (TEC) Modules companies in 2022 (%)
The global Thermoelectric Cooler (TEC) Modules market was valued at US$ 863 million in 2022 and is projected to reach US$ 1744.2 million by 2029, at a CAGR of 10.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global core thermoelectric cooler manufacturers include Ferrotec, II-VI Marlow etc.The top 3 companies hold a share about 40%.China is the largest market, with a share about 28%, followed by North America and Japan with the share about 23% and 20%.In terms of product, single stage module is the largest segment, with a share over 50%. And in terms of application, the largest application is consumer electronics, followed by communication.
We surveyed the Thermoelectric Cooler (TEC) Modules manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thermoelectric Cooler (TEC) Modules Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Thermoelectric Cooler (TEC) Modules Market Segment Percentages, by Type, 2022 (%)
Single Stage Module
Multiple Modules
Others (Micromodules, Etc.)
Global Thermoelectric Cooler (TEC) Modules Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Thermoelectric Cooler (TEC) Modules Market Segment Percentages, by Application, 2022 (%)
Consumer Electronics
Communication
Medical Experiment
Automobile
Industrial
Aerospace Defense
Others
Global Thermoelectric Cooler (TEC) Modules Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Thermoelectric Cooler (TEC) Modules Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thermoelectric Cooler (TEC) Modules revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Thermoelectric Cooler (TEC) Modules revenues share in global market, 2022 (%)
Key companies Thermoelectric Cooler (TEC) Modules sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Thermoelectric Cooler (TEC) Modules sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ferrotec
II-VI Marlow
KELK Ltd.
Laird Thermal Systems
Z-MAX
RMT Ltd.
Guangdong Fuxin Technology
Thermion Company
Crystal Ltd
CUI Devices
Kryotherm Industries
Phononic
Merit Technology Group
TE Technology
KJLP electronics co., ltd
Thermonamic Electronics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Thermoelectric Cooler (TEC) Modules, market overview.
Chapter 2: Global Thermoelectric Cooler (TEC) Modules market size in revenue and volume.
Chapter 3: Detailed analysis of Thermoelectric Cooler (TEC) Modules manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Thermoelectric Cooler (TEC) Modules in 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Thermoelectric Cooler (TEC) Modules capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
