openPR Logo
Press release

Market Forecast Report on Thermoelectric Generator Market 2017-2027

06-14-2017 08:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Market Forecast Report on Thermoelectric Generator Market

Over the years, increasing concerns over emissions and environmental issues, particularly global warming have resulted in exhaustive research into novel technologies for electrical power generation. Moreover, the increase in demand from industrial sectors and immobile devices has led to a rise in the demand for generators. Thermoelectric generators are solid state devices that help convert heat into electrical energy. As the temperature difference on the sides increases, the performance of a thermoelectric generator also increase. It is assumed that when more heat is enforced through thermo electric legs, their performance increases. Therefore, these generators help minimize heat losses and confine the heat transport through thermoelectric legs.

Thermoelectric generators are generally used as waste heat recovery systems for solar thermoelectric power generators and the automobile industry. In the automotive industry, seventy percent of heat energy released from a car’s engine is lost, generally in the form of heat. Therefore, thermoelectric generators act as a unique solution for this energy loss problem. Similarly, the U.S. manufacturing industry discharges nearly one-third of the energy consumed as thermal losses to the atmosphere or to cooling systems. Frequently, thermoelectric generators are used for low power remote applications or where the use of bulky heat engines is not possible.

Thermoelectric Generator Market: Dynamics

Burgeoning demand for waste heat recovery systems, coupled with the rise in global warming is expected to fuel demand for the thermoelectric generator market. Moreover, stringent government regulations and increasing industrial automation across the world are further projected to drive the demand for the thermoelectric generator market during the forecast market.

However, the cost associated to install this system is expected to hamper the growth of the market during the forecast period. Additionally, inefficiency to generate high output power is further expected to restrict the growth of the market.

Thermoelectric Generator Market: Regional Outlook

Geographically, North America is estimated to be the primary revenue generating region in the global thermoelectric generator market. The rise in demand for cleaner energy is expected to upsurge the demand for thermoelectric generators in North America. Europe is anticipated to show relatively fast growth over the forecast period. In APAC, India and China are expected to grow at a significant rate, owing to the increase in demand for vehicles, which in turn drives growth of the thermoelectric generator market.

Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3652

Thermoelectric Generator Market: Trends

Low power thermoelectric generators (100 watt) are generally used for hiking, mountaineering, camping, and as a backup in homes during power cuts, primarily to charge Ipads, phones and lighting devices. Many big manufacturers are investing in R&D to upgrade the technology for high power thermoelectric generators to further improve the efficiency of heat exchangers and deal with the stress of higher temperature gradients. Moreover, current research also focuses on developing thermoelectric generators with lightweight materials. Institutes are working on research study to bring down the cost of thermoelectric generators and increase their efficiency. With the increase in research & development activities, the demand for thermoelectric generators is also expected to increase over the forecast period.

Thermoelectric Generator Market: Segmentation

The thermoelectric generator market can be segmented in a number of ways, of which the more prominent ones are one the basis of industry, source, temperature, and material.

On the basis of industry, the thermoelectric generator market can be segmented into:

Automotive

Aerospace & Defence

Marine

Others

On the basis of source, the thermoelectric generator market can be segmented into:

Waste Heat Recovery

Direct Power Generation

Energy Harvesting

Cogeneration

On the basis of temperature, the thermoelectric generator market can be segmented into:

Less than 75 degree

75 to 500 degree

More than 500 degree

On the basis of material, the thermoelectric generator market can be segmented into:

Bismuth or Lead Telluride

Calcium Manganese Oxide

Others

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3652

Thermoelectric Generators Market: Market Participants

Examples of some of the market participants in the global thermoelectric generator market, identified across the value chain include:

Komatsu Limited

Gentherm Inc.

II-VI Inc.

Ferrotec Corporation

Laird PLC

Yamaha Corporation

Tellurex Corporation

Tecteg

Alphabet Energy

Evident Thermoelectrics

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Market Forecast Report on Thermoelectric Generator Market 2017-2027 here

News-ID: 577615 • Views:

More Releases from Future Market Insights

Global Anesthesia Equipment Market to Reach USD 18.2 Billion by 2035
Global Anesthesia Equipment Market to Reach USD 18.2 Billion by 2035
The Anesthesia Equipment Market is witnessing robust growth, with its value estimated at USD 9.3 billion in 2025 and projected to nearly double to USD 18.2 billion by 2035. This growth trajectory represents a compound annual growth rate of 7.0%, driven by increasing surgical volumes, rising prevalence of chronic respiratory and cardiovascular disorders, and ongoing expansion of healthcare infrastructure. The market is undergoing transformative change, as both established manufacturers and
Intravascular Ultrasound Systems Market to Reach USD 1455.7 Million by 2035
Intravascular Ultrasound Systems Market to Reach USD 1455.7 Million by 2035
The intravascular ultrasound (IVUS) systems market is on track to record consistent growth over the next decade. Valued at USD 893.7 million in 2025, the market is expected to expand to USD 1455.7 million by 2035, reflecting a compound annual growth rate of 5.0%. With cardiovascular disease remaining one of the leading causes of mortality globally, the demand for advanced intravascular imaging technologies is escalating. IVUS systems, which provide real-time
Electric Power Sports Market to Reach USD 18.5 Billion by 2035
Electric Power Sports Market to Reach USD 18.5 Billion by 2035
The global Electric Power Sports Market is on a fast track to transformation, as consumers, manufacturers, and policymakers align on one powerful goal: sustainable, high-performance recreational experiences. Valued at USD 10.3 billion in 2025, the market is projected to expand to USD 18.5 billion by 2035, reflecting a steady compound annual growth rate (CAGR) of 6.0%. This momentum is set to generate an absolute dollar opportunity of USD 8.2 billion over
Hair Straightener Market Forecast to Reach USD 12.4 Billion by 2035 as Innovation and Consumer Demand Drive Growth
Hair Straightener Market Forecast to Reach USD 12.4 Billion by 2035 as Innovatio …
The global hair straightener market is entering a transformative growth phase, as industry leaders and emerging brands alike innovate to meet rising consumer demand for advanced hair styling solutions. Valued at USD 7.1 billion in 2025, the market is projected to reach USD 12.4 billion by 2035, registering a compound annual growth rate (CAGR) of 5.7% over the forecast period. Between 2025 and 2030, the market is set to rise steadily

All 5 Releases


More Releases for Thermoelectric

Thermoelectric Modules Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Thermoelectric Modules Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion. The impact of manufacturers on the market is significant across various industries, influencing supply chains, consumer choices, and economic growth. Manufacturers are key players in
Thermoelectric Modules Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global Thermoelectric Modules Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion. The thermoelectric modules market is characterized by the use of devices that convert heat energy into electrical energy through the thermoelectric effect. These modules find
Thermoelectric Module Market Outlook, Trends, Analysis 2031
A report by Transparency Market Research (TMR) provides 360-degree analysis of the global Thermoelectric Module market. Hence, readers get access to thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2022 to 2031. The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of the Thermoelectric Module industry.
Radioisotope Thermoelectric Generator(Rtg) Market
Radioisotope Thermoelectric Generator(RTG) Market During the anticipated period of 2022-2030, the Radioisotope Thermoelectric Generator (RTG) Market is anticipated to experience tremendous growth. The market size, share, opportunity, growth, competitive landscape, manufacturers/players/vendors analysis, segments & sub-segments, and forecast are all thoroughly examined in this intelligence study. The market drivers, challenges (both present and future), revenue growth, the future roadmap, standards, deployment models, and forecast analysis are also covered in the study. Radioisotope
Korea Thermoelectric Module Market from 2022-2031
According to a new market research report titled 'Thermoelectric Module Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019-2027,' published by Transparency Market Research, the global thermoelectric module market is expected to reach value of US$ 1,713.9 Mn by 2027, expanding at a CAGR of 11.7% from 2019 to 2027. According to the report, the global market is expected to be influenced by a range of macroeconomic
Thermoelectric Generators Market 2021 | Detailed Report
Thermoelectric Generators Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027. Get Free Sample PDF (including full TOC, Tables and Figures) of Thermoelectric Generators Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5081775 The report provides a comprehensive analysis of company profiles listed below: - Gentherm - II-VI Marlow - Ferrotec Holdings Corporation -