Title: Thermoelectric Modules Market - Forecast(2021 - 2026)
1Thermoelectric Modules Market - Forecast(2021 -
2026)
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- Global Thermoelectric Modules Market
is estimated to reach 1.3 billion by
2026, growing at a CAGR of 7.5 from 2021 to
2026. - Thermoelectric module is a semiconductor device
used for both heating and cooling in temperature
control applications. - These thermoelectric coolers are utilized in
various applications including vapor compression
refrigeration and electrical vehicles as well as
in electrical energy generation. - These modules have wide operating temperature
range and are small and light weighted.
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- Key Takeaways
- The upsurge in Telecommunication sectors,
advancement in Healthcare sectors, Automotive
sector and scientific laboratories are driving
the growth of the market. - The Automotive sector is dominating the market
owing to the upsurge in demand for luxurious
vehicles and the thermoelectric coolers are used
for cooling and heating applications in
automobiles. - In APAC, rise in Telecommunication sector,
advanced automobiles, industrial sectors and
healthcare sectors have driven the growth of the
market.
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By Distribution Channel- Segment Analysis By
Type the market is segmented into MicroThermoelect
ric, Thin Film Thermoelectric and Bulk
Thermoelectric. The bulk thermoelectric modules
are witnessing a significant growth of 9.9
through 2026 in the market as they posses highest
power output and voltage compared to the others.
The bulk therelectric coolers are compact devices
with less maintenance necessities. The
thermoelectric cooling can be achieved directly
when connected with the heat exchangers for
dissipation of excessive heat. The supply of
Electrical energy causes heat to transfer from
from one junction to another due to which the
bulk thermoelectric modules are used in the
industrial applications.
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- Thermoelectric Modules Market Industry Outlook
- Laird Thermal Systems
- TEC Microsystems GmbH
- Thermonamic Electronics Corporation Ltd.
- KELK Ltd.
- Fuxin Technology Co. Ltd.
- TE Technology Inc.
- Thermion Company
- II-VI Marlow
- Crystal Ltd.
- Ferrotec Corporation
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Thermoelectric Modules Market - Forecast(2021 -
2026)Learn More About the Report _at_
https//www.industryarc.com/Research/Thermoelectri
c-Modules-Market-Research-505438
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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