Thermoelectric Cooler Market

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.

Thermoelectric Cooler Market contains market size and forecasts of Thermoelectric Cooler in global, including the following market information:

Global Thermoelectric Cooler Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Thermoelectric Cooler Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Thermoelectric Cooler companies in 2021 (%)

The global Thermoelectric Cooler market was valued at 885.1 million in 2021 and is projected to reach US$ 1794.3 million by 2028, at a CAGR of 10.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Single Stage Module Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Thermoelectric Cooler include Ferrotec, II-VI Marlow, KELK Ltd., Laird Thermal Systems, Z-MAX, RMT Ltd., Guangdong Fuxin Technology, Thermion Company and Crystal Ltd, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Thermoelectric Cooler manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Thermoelectric Cooler Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Thermoelectric Cooler Market Segment Percentages, by Type, 2021 (%)

Single Stage Module

Multiple Modules

Others (Micromodules, Etc.)

Global Thermoelectric Cooler Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Thermoelectric Cooler Market Segment Percentages, by Application, 2021 (%)

Consumer Electronics

Communication

Medical Experiment

Car

Industrial

Aerospace Defense

Other

Global Thermoelectric Cooler Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Thermoelectric Cooler Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Thermoelectric Cooler revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Thermoelectric Cooler revenues share in global market, 2021 (%)

Key companies Thermoelectric Cooler sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Thermoelectric Cooler sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

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