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Global Thermoelectric Cooler Market Research Report 2025
Synopsis
The Thermoelectric Cooler module (TEM), also known as the Thermoelectric Cooler or Thermoelectric Cooler, is a semiconductor device composed of many small and effective heat pumps. By loading a low DC voltage at both ends of the Thermoelectric Cooler, the heat will flow from one end of the component to the other.
At this point, one end of the cooler will be cooler and the other end will be warmer.
By changing the direction of the current, you can change the direction of the heat flow, sending heat to the other end.
Thermoelectric coolers, also known as solid state heat pumps, can perform both cooling and heating functions on a single thermoelectric refrigerator.
By changing the direction of the current, the cooling plate can have the function of cooling and heating.
By changing the current, the cooling temperature is different, and thermoelectric coolers can be used for precise temperature control.
The global Thermoelectric Cooler market was valued at US$ 838.7 million in 2023 and is anticipated to reach US$ 1766.3 million by 2030, witnessing a CAGR of 11.1% during the forecast period 2024-2030.
Global core thermoelectric cooler manufacturers include Ferrotec, II-VI Marlow etc.The top 3 companies hold a share about 40%.China is the largest market, with a share about 28%, followed by North America and Japan with the share about 23% and 20%.In terms of product, single stage module is the largest segment, with a share over 50%. And in terms of application, the largest application is consumer electronics, followed by communication.
This report aims to provide a comprehensive presentation of the global market for Thermoelectric Cooler, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoelectric Cooler.
Report Scope
The Thermoelectric Cooler market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermoelectric Cooler market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermoelectric Cooler manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ferrotec
II-VI Marlow
KELK Ltd.
Laird Thermal Systems
Z-MAX
RMT Ltd.
Guangdong Fuxin Technology
Thermion Company
Crystal Ltd
CUI Devices
Kryotherm Industries
Phononic
Merit Technology Group
TE Technology
KJLP electronics co., ltd
Thermonamic Electronics
Segment by Type
Single Stage Module
Multiple Modules
Others (Micromodules, Etc.)
Segment by Application
Consumer Electronics
Communication
Medical Experiment
Automobile
Industrial
Aerospace Defense
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermoelectric Cooler manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermoelectric Cooler by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermoelectric Cooler in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The Thermoelectric Cooler module (TEM), also known as the Thermoelectric Cooler or Thermoelectric Cooler, is a semiconductor device composed of many small and effective heat pumps. By loading a low DC voltage at both ends of the Thermoelectric Cooler, the heat will flow from one end of the component to the other.
At this point, one end of the cooler will be cooler and the other end will be warmer.
By changing the direction of the current, you can change the direction of the heat flow, sending heat to the other end.
Thermoelectric coolers, also known as solid state heat pumps, can perform both cooling and heating functions on a single thermoelectric refrigerator.
By changing the direction of the current, the cooling plate can have the function of cooling and heating.
By changing the current, the cooling temperature is different, and thermoelectric coolers can be used for precise temperature control.
The global Thermoelectric Cooler market was valued at US$ 838.7 million in 2023 and is anticipated to reach US$ 1766.3 million by 2030, witnessing a CAGR of 11.1% during the forecast period 2024-2030.
Global core thermoelectric cooler manufacturers include Ferrotec, II-VI Marlow etc.The top 3 companies hold a share about 40%.China is the largest market, with a share about 28%, followed by North America and Japan with the share about 23% and 20%.In terms of product, single stage module is the largest segment, with a share over 50%. And in terms of application, the largest application is consumer electronics, followed by communication.
This report aims to provide a comprehensive presentation of the global market for Thermoelectric Cooler, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoelectric Cooler.
Report Scope
The Thermoelectric Cooler market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermoelectric Cooler market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermoelectric Cooler manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ferrotec
II-VI Marlow
KELK Ltd.
Laird Thermal Systems
Z-MAX
RMT Ltd.
Guangdong Fuxin Technology
Thermion Company
Crystal Ltd
CUI Devices
Kryotherm Industries
Phononic
Merit Technology Group
TE Technology
KJLP electronics co., ltd
Thermonamic Electronics
Segment by Type
Single Stage Module
Multiple Modules
Others (Micromodules, Etc.)
Segment by Application
Consumer Electronics
Communication
Medical Experiment
Automobile
Industrial
Aerospace Defense
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermoelectric Cooler manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermoelectric Cooler by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermoelectric Cooler in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Thermoelectric Cooler Market Overview
1.1 Product Definition
1.2 Thermoelectric Cooler Segment by Type
1.2.1 Global Thermoelectric Cooler Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Stage Module
1.2.3 Multiple Modules
1.2.4 Others (Micromodules, Etc.)
1.3 Thermoelectric Cooler Segment by Application
1.3.1 Global Thermoelectric Cooler Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Consumer Electronics
1.3.3 Communication
1.3.4 Medical Experiment
1.3.5 Automobile
1.3.6 Industrial
1.3.7 Aerospace Defense
1.3.8 Others
1.4 Global Market Growth Prospects
1.4.1 Global Thermoelectric Cooler Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Thermoelectric Cooler Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Thermoelectric Cooler Production Estimates and Forecasts (2019-2030)
1.4.4 Global Thermoelectric Cooler Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Thermoelectric Cooler Production Market Share by Manufacturers (2019-2024)
2.2 Global Thermoelectric Cooler Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Thermoelectric Cooler, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Thermoelectric Cooler Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Thermoelectric Cooler Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Thermoelectric Cooler, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Thermoelectric Cooler, Product Offered and Application
2.8 Global Key Manufacturers of Thermoelectric Cooler, Date of Enter into This Industry
2.9 Thermoelectric Cooler Market Competitive Situation and Trends
2.9.1 Thermoelectric Cooler Market Concentration Rate
2.9.2 Global 5 and 10 Largest Thermoelectric Cooler Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Thermoelectric Cooler Production by Region
3.1 Global Thermoelectric Cooler Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Thermoelectric Cooler Production Value by Region (2019-2030)
3.2.1 Global Thermoelectric Cooler Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Thermoelectric Cooler by Region (2025-2030)
3.3 Global Thermoelectric Cooler Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Thermoelectric Cooler Production by Region (2019-2030)
3.4.1 Global Thermoelectric Cooler Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Thermoelectric Cooler by Region (2025-2030)
3.5 Global Thermoelectric Cooler Market Price Analysis by Region (2019-2024)
3.6 Global Thermoelectric Cooler Production and Value, Year-over-Year Growth
3.6.1 North America Thermoelectric Cooler Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Thermoelectric Cooler Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Thermoelectric Cooler Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Thermoelectric Cooler Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Thermoelectric Cooler Production Value Estimates and Forecasts (2019-2030)
4 Thermoelectric Cooler Consumption by Region
4.1 Global Thermoelectric Cooler Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Thermoelectric Cooler Consumption by Region (2019-2030)
4.2.1 Global Thermoelectric Cooler Consumption by Region (2019-2024)
4.2.2 Global Thermoelectric Cooler Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Thermoelectric Cooler Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Thermoelectric Cooler Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Thermoelectric Cooler Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Thermoelectric Cooler Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Thermoelectric Cooler Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Thermoelectric Cooler Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Thermoelectric Cooler Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Thermoelectric Cooler Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Thermoelectric Cooler Production by Type (2019-2030)
5.1.1 Global Thermoelectric Cooler Production by Type (2019-2024)
5.1.2 Global Thermoelectric Cooler Production by Type (2025-2030)
5.1.3 Global Thermoelectric Cooler Production Market Share by Type (2019-2030)
5.2 Global Thermoelectric Cooler Production Value by Type (2019-2030)
5.2.1 Global Thermoelectric Cooler Production Value by Type (2019-2024)
5.2.2 Global Thermoelectric Cooler Production Value by Type (2025-2030)
5.2.3 Global Thermoelectric Cooler Production Value Market Share by Type (2019-2030)
5.3 Global Thermoelectric Cooler Price by Type (2019-2030)
6 Segment by Application
6.1 Global Thermoelectric Cooler Production by Application (2019-2030)
6.1.1 Global Thermoelectric Cooler Production by Application (2019-2024)
6.1.2 Global Thermoelectric Cooler Production by Application (2025-2030)
6.1.3 Global Thermoelectric Cooler Production Market Share by Application (2019-2030)
6.2 Global Thermoelectric Cooler Production Value by Application (2019-2030)
6.2.1 Global Thermoelectric Cooler Production Value by Application (2019-2024)
6.2.2 Global Thermoelectric Cooler Production Value by Application (2025-2030)
6.2.3 Global Thermoelectric Cooler Production Value Market Share by Application (2019-2030)
6.3 Global Thermoelectric Cooler Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Ferrotec
7.1.1 Ferrotec Thermoelectric Cooler Corporation Information
7.1.2 Ferrotec Thermoelectric Cooler Product Portfolio
7.1.3 Ferrotec Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Ferrotec Main Business and Markets Served
7.1.5 Ferrotec Recent Developments/Updates
7.2 II-VI Marlow
7.2.1 II-VI Marlow Thermoelectric Cooler Corporation Information
7.2.2 II-VI Marlow Thermoelectric Cooler Product Portfolio
7.2.3 II-VI Marlow Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.2.4 II-VI Marlow Main Business and Markets Served
7.2.5 II-VI Marlow Recent Developments/Updates
7.3 KELK Ltd.
7.3.1 KELK Ltd. Thermoelectric Cooler Corporation Information
7.3.2 KELK Ltd. Thermoelectric Cooler Product Portfolio
7.3.3 KELK Ltd. Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.3.4 KELK Ltd. Main Business and Markets Served
7.3.5 KELK Ltd. Recent Developments/Updates
7.4 Laird Thermal Systems
7.4.1 Laird Thermal Systems Thermoelectric Cooler Corporation Information
7.4.2 Laird Thermal Systems Thermoelectric Cooler Product Portfolio
7.4.3 Laird Thermal Systems Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Laird Thermal Systems Main Business and Markets Served
7.4.5 Laird Thermal Systems Recent Developments/Updates
7.5 Z-MAX
7.5.1 Z-MAX Thermoelectric Cooler Corporation Information
7.5.2 Z-MAX Thermoelectric Cooler Product Portfolio
7.5.3 Z-MAX Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Z-MAX Main Business and Markets Served
7.5.5 Z-MAX Recent Developments/Updates
7.6 RMT Ltd.
7.6.1 RMT Ltd. Thermoelectric Cooler Corporation Information
7.6.2 RMT Ltd. Thermoelectric Cooler Product Portfolio
7.6.3 RMT Ltd. Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.6.4 RMT Ltd. Main Business and Markets Served
7.6.5 RMT Ltd. Recent Developments/Updates
7.7 Guangdong Fuxin Technology
7.7.1 Guangdong Fuxin Technology Thermoelectric Cooler Corporation Information
7.7.2 Guangdong Fuxin Technology Thermoelectric Cooler Product Portfolio
7.7.3 Guangdong Fuxin Technology Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Guangdong Fuxin Technology Main Business and Markets Served
7.7.5 Guangdong Fuxin Technology Recent Developments/Updates
7.8 Thermion Company
7.8.1 Thermion Company Thermoelectric Cooler Corporation Information
7.8.2 Thermion Company Thermoelectric Cooler Product Portfolio
7.8.3 Thermion Company Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Thermion Company Main Business and Markets Served
7.7.5 Thermion Company Recent Developments/Updates
7.9 Crystal Ltd
7.9.1 Crystal Ltd Thermoelectric Cooler Corporation Information
7.9.2 Crystal Ltd Thermoelectric Cooler Product Portfolio
7.9.3 Crystal Ltd Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Crystal Ltd Main Business and Markets Served
7.9.5 Crystal Ltd Recent Developments/Updates
7.10 CUI Devices
7.10.1 CUI Devices Thermoelectric Cooler Corporation Information
7.10.2 CUI Devices Thermoelectric Cooler Product Portfolio
7.10.3 CUI Devices Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.10.4 CUI Devices Main Business and Markets Served
7.10.5 CUI Devices Recent Developments/Updates
7.11 Kryotherm Industries
7.11.1 Kryotherm Industries Thermoelectric Cooler Corporation Information
7.11.2 Kryotherm Industries Thermoelectric Cooler Product Portfolio
7.11.3 Kryotherm Industries Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Kryotherm Industries Main Business and Markets Served
7.11.5 Kryotherm Industries Recent Developments/Updates
7.12 Phononic
7.12.1 Phononic Thermoelectric Cooler Corporation Information
7.12.2 Phononic Thermoelectric Cooler Product Portfolio
7.12.3 Phononic Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Phononic Main Business and Markets Served
7.12.5 Phononic Recent Developments/Updates
7.13 Merit Technology Group
7.13.1 Merit Technology Group Thermoelectric Cooler Corporation Information
7.13.2 Merit Technology Group Thermoelectric Cooler Product Portfolio
7.13.3 Merit Technology Group Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Merit Technology Group Main Business and Markets Served
7.13.5 Merit Technology Group Recent Developments/Updates
7.14 TE Technology
7.14.1 TE Technology Thermoelectric Cooler Corporation Information
7.14.2 TE Technology Thermoelectric Cooler Product Portfolio
7.14.3 TE Technology Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.14.4 TE Technology Main Business and Markets Served
7.14.5 TE Technology Recent Developments/Updates
7.15 KJLP electronics co., ltd
7.15.1 KJLP electronics co., ltd Thermoelectric Cooler Corporation Information
7.15.2 KJLP electronics co., ltd Thermoelectric Cooler Product Portfolio
7.15.3 KJLP electronics co., ltd Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.15.4 KJLP electronics co., ltd Main Business and Markets Served
7.15.5 KJLP electronics co., ltd Recent Developments/Updates
7.16 Thermonamic Electronics
7.16.1 Thermonamic Electronics Thermoelectric Cooler Corporation Information
7.16.2 Thermonamic Electronics Thermoelectric Cooler Product Portfolio
7.16.3 Thermonamic Electronics Thermoelectric Cooler Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Thermonamic Electronics Main Business and Markets Served
7.16.5 Thermonamic Electronics Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Thermoelectric Cooler Industry Chain Analysis
8.2 Thermoelectric Cooler Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Thermoelectric Cooler Production Mode & Process
8.4 Thermoelectric Cooler Sales and Marketing
8.4.1 Thermoelectric Cooler Sales Channels
8.4.2 Thermoelectric Cooler Distributors
8.5 Thermoelectric Cooler Customers
9 Thermoelectric Cooler Market Dynamics
9.1 Thermoelectric Cooler Industry Trends
9.2 Thermoelectric Cooler Market Drivers
9.3 Thermoelectric Cooler Market Challenges
9.4 Thermoelectric Cooler Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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