The worldwide market for Thermoelectric Modules is expected to grow at a CAGR of roughly 8.2% over the next five years, will reach 730 million US$ in 2025, from 460 million US$ in 2019.
The global average price of Thermoelectric Modules is in the decreasing trend, from 22.4 USD/Unit in 2012 to 21.06 USD/Unit in 2016.
A thermoelectric (TE) module, also called a thermoelectric cooler or Peltier cooler, is a semiconductor-based electronic component that functions as a small heat pump. By applying a low voltage DC power source to a TEM, heat will be moved through the module from one side to the other.
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One module face, therefore, will be cooled while the opposite face simultaneously is heated. It is important to note that this phenomenon is fully reversible whereby a change in the polarity of the applied DC voltage will cause heat to be moved in the opposite direction. Consequently, a TEM may be used for both cooling and heating in a given application.
Scope of the Report:
With the situation of global economy, prices will be in decreasing trend in the following five years.The classification of Thermoelectric Modules includes Single Stage module and multistage module. Single Stage module still occupied about 85% market share as its low price. The growth rate of multistage module is faster as it can supply high heat difference.
China region is the largest supplier of Thermoelectric Modules, with a production market share nearly 38.55% in 2016. Rest of Asia is the second largest supplier of Thermoelectric Modules, enjoying production market share nearly 25.33% in 2016.
Thermoelectric Modules Industry 2019 Market Research Report is spread across 124 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
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Report Covers Market Segment by Manufacturers:
Market Segment by Type, covers:
• Single Stage Module
• Multistage Module
Market Segment by Applications, can be divided into:
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Major Points Covered in Table of Contents:
1 Market Overview
2 Manufacturers Profiles
3 Global Thermoelectric Modules Sales, Revenue, Market Share and Competition by Manufacturer
4 Global Thermoelectric Modules Market Size by Regions
5 North America Thermoelectric Modules by Countries
6 Europe Thermoelectric Modules Revenue by Countries
7 Asia-Pacific Thermoelectric Modules by Countries
8 South America Thermoelectric Modules by Countries
9 Middle East and Africa Thermoelectric Modules by Countries
10 Global Thermoelectric Modules Segment by Type
11 Global Thermoelectric Modules Segment by Application
12 Thermoelectric Modules Forecast (2018-2025)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
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