Market Definition: Thermoelectric Materials Market
The thermoelectric market is expected to grow significantly during the forecast period of 2018 to 2025.
Thermoelectric materials are materials which conduct the electricity by temperature gradient. This temperature gradient phenomenon is known as seebeck effect. The materials converts direct thermal energy to electrical energy. The most common thermoelectric materials are alloys of chalcogenides. Thermoelectric materials are generally made from bismuth and telluride. Thermoelectric materials like silicide and tetrahedrites are mainly preferred because of low cost, reliability, efficiency, and processing issues.
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Major Market Drivers & Restraints are as follows:
- Rapid Commercialization of Thermoelectric Generators in the Automobile Industry
- Requirement for Durable and Maintenance Free Power Sources
- Increasing Demand for Miniaturized Teg
- Inability to Produce High Power Electricity Output
- High Production Cost of Thermoelectric Material
Key Market Competitors: Thermoelectric Materials Market
Few of the major competitors are Tegma, Transphorm Inc, Green Teg, ThermoAura Inc, Evident Thermoelectrics, Sheetak, Alphabet Energy, Inc, Phononic, Inc. Ferrotec (USA) Corporation. Z-Max Co Ltd., Thermonamic Electronics(Jiangxi) Corp., Ltd., Tellurex Corporation, Tegeos, TEC Microsystems GmbH, TE Technology, Inc., Tecteg MFR, Quick-OHM Küpper & Co. GmbH, RIF Corporation, Perpetua Power Source Technologies, Inc., Merit Technology Group, Hicooltec among others.
Major Topics Covered in this Report:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Market Size by Manufacturers
Chapter 4 Production by Regions
Chapter 5 Consumption by Regions
Chapter 6 Market Size by Type
Chapter 7 Market Size by Application
Chapter 8 Manufacturers Profiles
Chapter 9 Production Forecasts
Chapter 10 Consumption Forecast
Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
Chapter 13 Key Findings
Chapter 14 Appendix
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The report performs the study of market drivers and market restraints thoroughly along with the analysis of the market structure. This market report endows with the plentiful insights and business solutions that will help to stay ahead of the competition. A class and transparency is strictly maintained while carrying out research studies of this report to offer an exceptional market research report for a specific niche. Businesses can achieve better insights to drive the business into right direction with the different segments covered in the market research report. This market analysis examines various segments which help for the quickest development amid the estimated forecast frame.
Market Segmentation: Thermoelectric Materials Market
- The global thermoelectric material market is based on material, source, temperature, component, end user application and geography.
- Based on material, the global thermoelectric material market is segmented Bismuth Telluride, Lead Telluride and Other thermoelectric materials
- On the basis of source, the market classified-Waste Heat Recovery, Energy Harvesting, Direct Power Generation, Co-Generation and other thermoelectric materials
- Based on temperature, the market classifies-low temperature (<80°c), medium temperature (80°- 500°c), high temperature (> 500°c) and others), by wattage (low power (<10 w), medium power (10-1kw and others), high power (> 1kw)), by component (heat source, thermoelectric module ,cold side, electric loa and other thermoelectric materials.
- Based on component, the market is classified- heat source, thermoelectric module, cold side, electric loa and other thermoelectric materials
- Based on end user application, the market is classified- automotive, aerospace, defense, industrial, consumer and other thermoelectric materials.
The global thermoelectric materials market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of thermoelectric materials market for global, Europe, North America, Asia Pacific and South America.
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