Thermoelectric Generators Market
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PUBLISHED: 2020 ID: SMRC18718
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Thermoelectric Generators - Global Market Outlook (2018-2027)

4.8 (73 reviews)
4.8 (73 reviews)
Published: 2020 ID: SMRC18718

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Thermoelectric Generators Market is accounted for $424.93 million in 2018 and is expected to reach $1,026.82 million by 2027 growing at a CAGR of 10.3% during the forecast period. Extending necessity for energy converters of solid-state type, expanded reception of thermoelectric generators in the oil & energy sector, and development of sustainable power source in power sector are the key factors driving the market growth. Moreover, rising need for low-power generators in sensor networks is providing opportunities for the market growth. However, the complexity in the design of thermoelectric generators may restrain the market growth.

Thermoelectric generators are devices that convert temperature differences into electrical energy. Two basic physical phenomena involved in this process include the Seebeck effect and the Peltier effect. The Seebeck effect defines the conversion of temperature difference into electric current at the interface of two different materials, whereas the Peltier effect is the vice-versa of the Seebeck effect. Thermoelectric materials generate power directly from heat by converting temperature differences into electric voltage. These materials must have both high electrical conductivity and low thermal conductivity to be suitable for the thermoelectric conversion process.

By End User, Industrial segment is likely to have a huge demand as it results in improving the efficiency of the industries, stringent norms for environmental conservation, and added benefits of carbon credits to many countries. By geography, North America is going to have a lucrative growth during the forecast period owing to the expanded cutting edge utilization of TEG technology for powering various equipment and devices in various industries.

Some of the key players profiled in the Thermoelectric Generators Market include Yamaha Corporation, Ferrotec Corporation, Laird PLC, Everredtronics Ltd, Komatsu Ltd, Novus Energy Technologies Inc, II-VI Incorporated, Gentherm Inc, Otego GmbH, Hi-Z Technology, P&N Technology Co Ltd, Kelk Ltd, Kryotherm, Rmt Ltd, and Tecteg.

Wattages Covered:
• High Power (> 1kW)
• Medium Power (10-1kW)
• Low Power (<10 W)  


Components Covered:
• Thermoelectric Module
• Electric Load
• Heat Source
• Cold Side

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

Controllers Covered:
• Multi Directional
• Bi Directional
• Single Directional

Materials Covered:
• Bismuth Telluride
• Lead Telluride
• Silicon Germanium
• Copper-Iron
• Antimony-Bismuth
• Calcium Manganese Oxide
• Other Materials

Types Covered:
• Single Stage
• Multi Stage

Applications Covered:
• Energy Harvesting
• Waste Heat Recovery
• Co-Generation
• Direct Power Generation

End Users Covered:
• Industrial
• Automotive
• Defense
• Healthcare
• Aerospace
• Consumer
• Mining
• Oil & Gas
• Telecommunication Systems
• Navigational Aids
• Marine
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary   
     
2 Preface    

 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
3 Market Trend Analysis  
 3.1 Introduction  
 3.2 Drivers   
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats   
 3.6 Application Analysis 
 3.7 End User Analysis  
 3.8 Emerging Markets  
 3.9 Futuristic Market Scenario 
     
4 Porters Five Force Analysis  
 4.1 Bargaining power of suppliers 
 4.2 Bargaining power of buyers 
 4.3 Threat of substitutes 
 4.4 Threat of new entrants 
 4.5 Competitive rivalry  
     
5 Global Thermoelectric Generators Market, By Wattage
 5.1 Introduction  
 5.2 High Power (> 1kW)  
 5.3 Medium Power (10-1kW) 
 5.4 Low Power (<10 W)  
     
6 Global Thermoelectric Generators Market, By Component

 6.1 Introduction  
 6.2 Thermoelectric Module 
 6.3 Electric Load  
 6.4 Heat Source  
 6.5 Cold Side   
     
7 Global Thermoelectric Generators Market, By Temperature
 7.1 Introduction  
 7.2 High Temperature (> 500°C) 
 7.3 Medium Temperature (80°- 500°C)
 7.4 Low Temperature (<80°C) 
     
8 Global Thermoelectric Generators Market, By Controller
 8.1 Introduction  
 8.2 Multi Directional  
 8.3 Bi Directional  
 8.4 Single Directional  
     
9 Global Thermoelectric Generators Market, By Material
 9.1 Introduction  
 9.2 Bismuth Telluride  
 9.3 Lead Telluride  
 9.4 Silicon Germanium  
 9.5 Copper-Iron  
 9.6 Antimony-Bismuth  
 9.7 Calcium Manganese Oxide 
 9.8 Other Materials  
     
10 Global Thermoelectric Generators Market, By Type

 10.1 Introduction  
 10.2 Single Stage  
 10.3 Multi Stage  
     
11 Global Thermoelectric Generators Market, By Application
 11.1 Introduction  
 11.2 Energy Harvesting  
 11.3 Waste Heat Recovery 
 11.4 Co-Generation  
 11.5 Direct Power Generation 
     
12 Global Thermoelectric Generators Market, By End User
 12.1 Introduction  
 12.2 Industrial   
  12.2.1 Chemical Processing
  12.2.2 Manufacturing 
 12.3 Automotive  
  12.3.1 Heating & Cooling 
 12.4 Defense   
  12.4.1 Infrared Detectors 
  12.4.2 Military Avionics 
  12.4.3 Missile Testing Systems
 12.5 Healthcare  
  12.5.1 Wearable Medical Devices
  12.5.2 Implantable Medical Devices
 12.6 Aerospace  
  12.6.1 Aircraft Environment Monitoring Sensors
  12.6.2 Spacecraft Power System
 12.7 Consumer   
  12.7.1 Consumer Electronics
  12.7.2 Wearable 
 12.8 Mining   
  12.8.1 Process Monitoring 
  12.8.2 Down-Hole Drilling 
 12.9 Oil & Gas   
  12.9.1 Meters & Gauges 
  12.9.2 Condition Monitoring Sensors
 12.10 Telecommunication Systems 
 12.11 Navigational Aids  
 12.12 Marine   
 12.13 Other End Users  
     
13 Global Thermoelectric Generators Market, By Geography
 13.1 Introduction  
 13.2 North America  
  13.2.1 US  
  13.2.2 Canada  
  13.2.3 Mexico  
 13.3 Europe   
  13.3.1 Germany  
  13.3.2 UK  
  13.3.3 Italy  
  13.3.4 France  
  13.3.5 Spain  
  13.3.6 Rest of Europe 
 13.4 Asia Pacific  
  13.4.1 Japan  
  13.4.2 China  
  13.4.3 India  
  13.4.4 Australia  
  13.4.5 New Zealand 
  13.4.6 South Korea 
  13.4.7 Rest of Asia Pacific 
 13.5 South America  
  13.5.1 Argentina 
  13.5.2 Brazil  
  13.5.3 Chile  
  13.5.4 Rest of South America
 13.6 Middle East & Africa 
  13.6.1 Saudi Arabia 
  13.6.2 UAE  
  13.6.3 Qatar  
  13.6.4 South Africa 
  13.6.5 Rest of Middle East & Africa
     
14 Key Developments   
 14.1 Agreements, Partnerships, Collaborations and Joint Ventures
 14.2 Acquisitions & Mergers 
 14.3 New Product Launch 
 14.4 Expansions  
 14.5 Other Key Strategies 
     
15 Company Profiling   
 15.1 Yamaha Corporation 
 15.2 Ferrotec Corporation 
 15.3 Laird PLC   
 15.4 Everredtronics Ltd  
 15.5 Komatsu Ltd  
 15.6 Novus Energy Technologies Inc
 15.7 II-VI Incorporated  
 15.8 Gentherm Inc  
 15.9 Otego GmbH  
 15.10 Hi-Z Technology  
 15.11 P&N Technology Co Ltd 
 15.12 Kelk Ltd   
 15.13 Kryotherm  
 15.14 Rmt Ltd   
 15.15 Tecteg   


List of Tables    
1 Global Thermoelectric Generators Market Outlook, By Region (2017-2027) ($MN)
2 Global Thermoelectric Generators Market Outlook, By Wattage (2017-2027) ($MN)
3 Global Thermoelectric Generators Market Outlook, By High Power (> 1kW) (2017-2027) ($MN)
4 Global Thermoelectric Generators Market Outlook, By Medium Power (10-1kW) (2017-2027) ($MN)
5 Global Thermoelectric Generators Market Outlook, By Low Power (<10 W) (2017-2027) ($MN)
6 Global Thermoelectric Generators Market Outlook, By Component (2017-2027) ($MN)
7 Global Thermoelectric Generators Market Outlook, By Thermoelectric Module (2017-2027) ($MN)
8 Global Thermoelectric Generators Market Outlook, By Electric Load (2017-2027) ($MN)
9 Global Thermoelectric Generators Market Outlook, By Heat Source (2017-2027) ($MN)
10 Global Thermoelectric Generators Market Outlook, By Cold Side (2017-2027) ($MN)
11 Global Thermoelectric Generators Market Outlook, By Temperature (2017-2027) ($MN)
12 Global Thermoelectric Generators Market Outlook, By High Temperature (> 500°C) (2017-2027) ($MN)
13 Global Thermoelectric Generators Market Outlook, By Medium Temperature (80°- 500°C) (2017-2027) ($MN)
14 Global Thermoelectric Generators Market Outlook, By Low Temperature (<80°C) (2017-2027) ($MN)
15 Global Thermoelectric Generators Market Outlook, By Controller (2017-2027) ($MN)
16 Global Thermoelectric Generators Market Outlook, By Multi Directional (2017-2027) ($MN)
17 Global Thermoelectric Generators Market Outlook, By Bi Directional (2017-2027) ($MN)
18 Global Thermoelectric Generators Market Outlook, By Single Directional (2017-2027) ($MN)
19 Global Thermoelectric Generators Market Outlook, By Material (2017-2027) ($MN)
20 Global Thermoelectric Generators Market Outlook, By Bismuth Telluride (2017-2027) ($MN)
21 Global Thermoelectric Generators Market Outlook, By Lead Telluride (2017-2027) ($MN)
22 Global Thermoelectric Generators Market Outlook, By Silicon Germanium (2017-2027) ($MN)
23 Global Thermoelectric Generators Market Outlook, By Copper-Iron (2017-2027) ($MN)
24 Global Thermoelectric Generators Market Outlook, By Antimony-Bismuth (2017-2027) ($MN)
25 Global Thermoelectric Generators Market Outlook, By Calcium Manganese Oxide (2017-2027) ($MN)
26 Global Thermoelectric Generators Market Outlook, By Other Materials (2017-2027) ($MN)
27 Global Thermoelectric Generators Market Outlook, By Type (2017-2027) ($MN)
28 Global Thermoelectric Generators Market Outlook, By Single Stage (2017-2027) ($MN)
29 Global Thermoelectric Generators Market Outlook, By Multi Stage (2017-2027) ($MN)
30 Global Thermoelectric Generators Market Outlook, By Application (2017-2027) ($MN)
31 Global Thermoelectric Generators Market Outlook, By Energy Harvesting (2017-2027) ($MN)
32 Global Thermoelectric Generators Market Outlook, By Waste Heat Recovery (2017-2027) ($MN)
33 Global Thermoelectric Generators Market Outlook, By Co-Generation (2017-2027) ($MN)
34 Global Thermoelectric Generators Market Outlook, By Direct Power Generation (2017-2027) ($MN)
35 Global Thermoelectric Generators Market Outlook, By End User (2017-2027) ($MN)
36 Global Thermoelectric Generators Market Outlook, By Industrial (2017-2027) ($MN)
37 Global Thermoelectric Generators Market Outlook, By Chemical Processing (2017-2027) ($MN)
38 Global Thermoelectric Generators Market Outlook, By Manufacturing (2017-2027) ($MN)
39 Global Thermoelectric Generators Market Outlook, By Automotive (2017-2027) ($MN)
40 Global Thermoelectric Generators Market Outlook, By Heating & Cooling (2017-2027) ($MN)
41 Global Thermoelectric Generators Market Outlook, By Defense (2017-2027) ($MN)
42 Global Thermoelectric Generators Market Outlook, By Infrared Detectors (2017-2027) ($MN)
43 Global Thermoelectric Generators Market Outlook, By Military Avionics (2017-2027) ($MN)
44 Global Thermoelectric Generators Market Outlook, By Missile Testing Systems (2017-2027) ($MN)
45 Global Thermoelectric Generators Market Outlook, By Healthcare (2017-2027) ($MN)
46 Global Thermoelectric Generators Market Outlook, By Wearable Medical Devices (2017-2027) ($MN)
47 Global Thermoelectric Generators Market Outlook, By Implantable Medical Devices (2017-2027) ($MN)
48 Global Thermoelectric Generators Market Outlook, By Aerospace (2017-2027) ($MN)
49 Global Thermoelectric Generators Market Outlook, By Aircraft Environment Monitoring Sensors (2017-2027) ($MN)
50 Global Thermoelectric Generators Market Outlook, By Spacecraft Power System (2017-2027) ($MN)
51 Global Thermoelectric Generators Market Outlook, By Consumer (2017-2027) ($MN)
52 Global Thermoelectric Generators Market Outlook, By Consumer Electronics (2017-2027) ($MN)
53 Global Thermoelectric Generators Market Outlook, By Wearable (2017-2027) ($MN)
54 Global Thermoelectric Generators Market Outlook, By Mining (2017-2027) ($MN)
55 Global Thermoelectric Generators Market Outlook, By Process Monitoring (2017-2027) ($MN)
56 Global Thermoelectric Generators Market Outlook, By Down-Hole Drilling (2017-2027) ($MN)
57 Global Thermoelectric Generators Market Outlook, By Oil & Gas (2017-2027) ($MN)
58 Global Thermoelectric Generators Market Outlook, By Meters & Gauges (2017-2027) ($MN)
59 Global Thermoelectric Generators Market Outlook, By Condition Monitoring Sensors (2017-2027) ($MN)
60 Global Thermoelectric Generators Market Outlook, By Telecommunication Systems (2017-2027) ($MN)
61 Global Thermoelectric Generators Market Outlook, By Navigational Aids (2017-2027) ($MN)
62 Global Thermoelectric Generators Market Outlook, By Marine (2017-2027) ($MN)
63 Global Thermoelectric Generators Market Outlook, By Other End Users (2017-2027) ($MN)
     
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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