Thermoelectric Module Market Projected to Grow at a Steady Pace During 2021-2026

August 17, 2022

August 17^th,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Thermoelectric Module Market over the trend period from 2015 to 2020 and forecast period from 2021 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.

Thermoelectric Module Market Overview:

The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Thermoelectric Module Market is no different. Derived from the previous market scenario, the Thermoelectric Module Market is estimated to grow from USD 575.6 million in 2020 to USD 910.0 million by 2026 at a healthy CAGR of 8.1% during the forecast period. 

Key Players:

• Crystal Ltd. (Hong Kong)
• TEC Microsystem GmbH (Germany)
• Ferrotec Corporation (Japan)
• Thermonamic Electronics (Jiangxi) Corp. Ltd. (China)
• KELK Ltd. (Japan)
• KRYOTHERM (US)
• Laird Technologies (US)
• RMT Ltd. (US)
• TE Technology Inc. (US)
• Laird Thermal Systems (US).

The Thermoelectric Module Market is segmented by–

• By Type (Bulk, Micro, Thin Film), 
• By Technology (Single Stage, Multi-Stage), 
• By End-Use (Automotive, Consumer Electronics, Aerospace & Defense, Medical & Laboratories, Telecommunications, Industrial, Oil, Gas, & Mining)
• By Region (North America, Europe, Asia-Pacific, and Rest of the World)

Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/2108/Thermoelectric-Module-Market.html#form

Regional analysis:

By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at a substantial CAGR in the following years. This is mainly attributed to its expertise in technology-driven aspects. Moreover, the presence of semiconductor and consumer electronic companies, a strong automotive base in the countries of India, Japan, and India, and the growing need for household appliances, further proliferates the regional market growth.

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Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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Author : Emily