Thermoelectric Generator - Global Market Outlook (2016-2022)

Thermoelectric Generator - Global Market Outlook (2016-2022)

  • Published: April 2017
  • ID: SMRC16437

According to Stratistics MRC, the Global Thermoelectric Generators Market accounted for $246.06 million in 2016 and is expected to reach $551.81 million by 2022 growing at a CAGR of 14.4% from 2016 to 2022. Increasing demand from industrial sectors and solid state and immobile devices is fueling the market growth. Lack of efficient energy transfer technologies and need for low maintenance are anticipated to drive the global thermoelectric generator market. However, unawareness regarding thermoelectric devices may hamper the growth of thermoelectric generators in the coming future.

Waste heat recovery commanded the largest share of the total thermoelectric generator market. Aerospace & defense was one of the biggest application segments. Automotive sector appeared as another significant segment for the thermoelectric generator market. North America dominated the market owing to its increase in demand for cleaner energy. Asia Pacific is expected to witness rapid growth for the thermoelectric generator market during the forecast period due to increased industrialization in the region.

Some of the key players in the market include Gentherm, Inc., Alphabet Energy (U.S.), Evident Thermoelectrics, Ferrotec Corporation, II-VI Incorporated, Komatsu Limited, Laird PLC, Tecteg, Tellurex Corporation, Yamaha Corporation, and Thermo Electric Company, Inc.

Wattage Covered:
• Medium Power (10-1 Kw)
• Low Power (<10 W)
• High Power (> 1 Kw)

Applications Covered:
• Industrial
• Automotive
• Self- Powered Sensors
• Aerospace & Defense
• Wearables
• Other Applications

Sources Covered:
• Cogeneration
• Direct Power Generation
• Energy Harvesting
• Waste Heat Recovery

Materials Covered:
• Lead Telluride (PB-TE)
• Bismuth Telluride (BI-TE)
• Other Materials

Temperatures Covered:
• High Temperature (> 500°C)
• Medium Temperature (80°-500°C)
• Low Temperature (<80°C)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Select License Type

Single User License (PDF)


2 - 5 User License (PDF)


Corporate License (PDF)


Have a Question?

Know our Methodology


Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Adding more values to your product of interest.

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Serving the most reputed brands across the world.