United States/WA: The global Thermoelectric Modules Market was valued at US$ 586.6 Mn in 2019 and is forecast to reach a value of US$ 1217.2 Mn by 2027 at a CAGR of 9.6% between 2020 and 2027.
Report Pages:[135 Pages]
The Competitive Area of the Thermoelectric Modules Market is Defined by Key Players Like:–Ferrotec Corporation, Crystal Ltd., RMT Ltd., TE Technology, Inc., Laird Technologies, Inc., Gentherm Inc., Tellurex Corporation, Thermion Company, Marlow Industries, and KELK Ltd.
Thermoelectric modules are solid-state heat pumps that operate on the Peltier effect. A thermoelectric module consists of an array of p- and n-type semiconductor elements that are heavily doped with electrical carriers. The elements are arranged into array that is electrically connected in series but thermally connected in parallel. This array is then affixed to two ceramic substrates, one on each side of the elements . Thermoelectric coolers can be used for applications that require heat removal ranging from milli-watts up to several thousand watts. However, there is a general axiom in thermoelectrics: the smaller the better. A thermoelectric cooler makes the most sense when used in applications where even the smallest vapor compressor system would provide much more cooling than necessary.
In these situations, a thermoelectric cooler can provide a solution that is smaller, weighs less, and is more reliable than a comparatively small compressor system. Thermoelectric coolers operate according to the Peltier effect. The effect creates a temperature difference by transferring heat between two electrical junctions. A voltage is applied across joined conductors to create an electric current. When the current flows through the junctions of the two conductors, heat is removed at one junction and cooling occurs. Heat is deposited at the other junction. One application of Thermocyclers is in aerospace and defense technologies. Because II-VI’s Thermocycler technology can withstand extreme conditions, these modules are ideal for use in space or similar demanding conditions.
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Detailed Segmentation:
- Global Thermoelectric Modules Market, By Technology:
- Single Stage Thermoelectric Modules
- Multi Stage Thermoelectric Modules
Global Thermoelectric Modules Market, By Type:
- Bulk Thermoelectric Modules
- Micro Thermoelectric Modules
- Thin Film Thermoelectric Modules
Global Thermoelectric Modules Market, By Application:
- Consumer Electronics
- Telecommunication
- Medical and Laboratories
- Automotive
- Defense and Space
- Industrial Applications
- Energy Harvesting
- Others
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