openPR Logo
Press release

Thermoelectric Modules Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

12-15-2017 10:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Research Nest

/ PR Agency: Market Research Nest
Thermoelectric Modules, Thermoelectric Modules Market, Thermoelectric Modules Industry

Thermoelectric Modules, Thermoelectric Modules Market, Thermoelectric Modules Industry

MarketResearchNest.com adds “Global Thermoelectric Modules Market 2017-2021” new report to its research database. The report spread across 107 pages with table and figures in it.
Research analysts forecast the global thermoelectric modules market to grow at a CAGR of 9.91% during the period 2017-2021.

About Thermoelectric Modules
Thermoelectric modules are semiconductor cooling devices, which work using the movement of heat when current flows through the junction of two distinct metals. Therefore, when a low voltage DC power source is applied to the thermoelectric module, heat will be transferred from one side to the other via the module. These modules offer several advantages over the traditional cooling systems such as accurate temperature control and cycling, compact formfactor, energy efficiency, low power consumption, robust and durable design, fully reversible switch in polarity, and rapid response time. As a result of such benefits, thermoelectric modules find applications in automotive (climate control seats of automobiles), consumer electronics (ACs and dryers), aerospace and defense, healthcare (biotechnology), industrial (cooling chillers), and telecommunication (optical communications) sectors. However, the cost of these modules is expensive compared with the conventional cooling and refrigeration systems, which is hampering their adoption. Therefore, vendors will focus on developing cost-effective thermoelectric modules that offer efficiency, reliability, and increased precision to gain a competitive advantage in the market during the forecast period.

Covered in this report

The report covers the present scenario and the growth prospects of the global thermoelectric modules market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price (ASP) of the product.

Browse full table of contents and data tables at https://www.marketresearchnest.com/global-thermoelectric-modules-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Thermoelectric Modules Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global thermoelectric modules market: Ferrotec, KELK, Laird, and II-VI Marlow

Other Prominent Vendors in the market are: RMT, Tellurex, Thermion, and TE Technology.

Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Growing demand for smart homes and development of smart cities. The smart home concept is gaining ground rapidly as consumers look to improve domestic convenience through electronic devices. This is an evolutionary development in the residential real-estate sector with the primary aim to make a living more comfortable, convenient, secure, entertaining, and sustainable. At present, smart home technologies using advanced sensors are affordable and can be used by any average household to connect appliances such as heating modules, lighting systems, AC units, computers, television sets, entertainment systems, security devices, and camera systems. The home owner can control these devices using their smartphones and tablets.

Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=286883

According to the report, one of the major drivers for this market is Increased construction activities. Development in the construction industry plays a significant role in boosting the global thermoelectric modules market. New construction in the residential, commercial, and industrial sectors have increased the demand for HVAC systems (that are integrated with thermoelectric modules), which improves building efficiencies, thus generating high revenue for the market. Innovations in building design and increased focus on energy efficiency for buildings have created an opportunity for thermoelectric module manufacturers to increase their market foothold.

Further, the report states that one of the major factors hindering the growth of this market is Capital intensity of HVAC systems. The global thermoelectric modules market is capital intensive. With the decline in the global economy, the thermoelectric modules market vendors face difficulty in investing heavily in R&D activities and marketing campaigns. Also, many end-users are struggling to purchase HVAC equipment as it requires a high initial investment. Many residential users in developing countries are facing a challenge in adopting domestic HVAC equipment such as household furnaces, ACs, and other HVAC equipment.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Enquiry before Buying at https://www.marketresearchnest.com/enquirybuy.php?reportid=286883

About:
MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on industries, organizations, products, and trends.

Contact
Mr. Jeet Jain
Sales Manager
sales@marketresearchnest.com
+1-240-284-8070(U.S)
+44-20-3290-4151(U.K)
Connect with us: Google+ | LinkedIn | Twitter | Facebook

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 Thermoelectric Modules Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022 here

News-ID: 862372 • Views:

More Releases from Market Research Nest

Condoms Market Witness Highest Growth in near future| Leading Key Players: Durex …
MarketResearchNest.com adds “In-depth Research Report of Global Condoms Market (2019 Version)” new report to its research database. The report spread across 127 pages with multiple tables and figures in it. This report studies the Condoms market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find
Future of Business Travel Insurance Market – A comprehensive study by Key Play …
MarketResearchNest.com adds “Global Business Travel Insurance Market Analysis 2013-2018 and Forecast 2019-2024” new report to its research database. The report spread across 76 pages with multiple tables and figures in it. This report studies the Business Travel Insurance market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key
Excellent Growth of Building Energy Management Systems Market Key Players- Schne …
MarketResearchNest.com adds “Global Building Energy Management Systems Market Analysis 2013-2018 and Forecast 2019-2024” new report to its research database. The report spread across 83 pages with multiple tables and figures in it. This report studies the Building Energy Management Systems market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities
Applicant Tracking Software Market is expected to double its market size in Upco …
MarketResearchNest.com adds “Global Applicant Tracking Software Market Analysis 2013-2018 and Forecast 2019-2024” new report to its research database. The report spread across 100 pages with multiple tables and figures in it. This report studies the Applicant Tracking Software market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key

All 5 Releases


More Releases for Thermoelectric

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 -
Thermoelectric Generators (TEG) Market 2021 | Detailed Report
Global Thermoelectric Generators (TEG) Market 2021-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team. Get Free Sample PDF (including full TOC, Tables and
Thermoelectric Modules Market 2020-2025 (Impact of Covid-19) | Custom Thermoelec …
Allied Market Research published an exclusive report, titled, “Thermoelectric Modules Market By Model (Single Stage, Multi Stage), Type (Bulk, Micro, and Thin Film), and Application (Consumer Electronics, Telecommunications, Automotive, Industrial, Healthcare, Aerospace & Defense, and Energy & Utility): Global Opportunity Analysis and Industry Forecast, 2021–2030”. The thermoelectric modules market report offers a detailed analysis of prime factors that impact the market growth such as key market players, current market developments, and
Thermoelectric Material Market Size - Forecast to 2026
The findings reviewed by GME stated that the Global Thermoelectric Material Market will expand with a high CAGR value from 2021 to 2026. The market potential is enhanced by the projects undertaken at the individual and international levels. Growing research is focused on developing superior TE materials. Manufacturers have been actively seeking collaboration to diversify the market product range. Browse 159 Market Data Tables and 119 Figures spread through
Global Thermoelectric Assemblies Market Growth 2019-2024
Market Research Report Store offers a latest published report on Thermoelectric Assemblies Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Thermoelectric Assemblies players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the Thermoelectric Assemblies with respect to individual
Thermoelectric Material Market 2018 Global Analysis By Key Players – Gentherm, …
Summary WiseGuyReports.com adds “Thermoelectric Material Market 2018 Global and China Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Thermoelectric Material Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Thermoelectric Material Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization