HOME Top Market Reports Thermoelectric Generators Market by Source (Waste Heat Recovery, Energy Harvesting, Direct Power Generation, Co-Generation), Material (Bismuth Telluride, Lead Telluride), Component, End User, Temperature, Wattage, and Region - Global Forecast to 2022

Thermoelectric Generators Market by Source (Waste Heat Recovery, Energy Harvesting, Direct Power Generation, Co-Generation), Material (Bismuth Telluride, Lead Telluride), Component, End User, Temperature, Wattage, and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: May 2017
Report Code: AS 3743

 

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The thermoelectric generators market is projected to grow from an estimated USD 368.5 Million in 2017 to USD 715.8 Million by 2022, at a CAGR of 14.20% during the forecast period, 2017 to 2022. The base year considered for this study on the thermoelectric generators market is 2016 and the forecast period is from 2017 to 2022.

Objectives of the Study:

The report analyzes the thermoelectric generators market on the basis of end users, temperature, source, material, wattage, and component. It studies the market in North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

The report provides in-depth insights on the thermoelectric generators market. It also provides detailed information about the major factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the thermoelectric generators market, along with an analysis of micromarkets with respect to individual growth trends, growth prospects, and their contribution to the thermoelectric generators market.

The report also covers competitive developments, such as mergers & acquisitions, new product launches, and partnerships and R&D activities being carried out by various leading players in the thermoelectric generators market. It also provides information regarding various business and corporate strategies adopted by key players to strengthen their positions in the thermoelectric generators market.

Research Methodology:

Estimation of the market sizes of various segments and subsegments of the thermoelectric generators market has been carried out through secondary research sources, such as Hoovers, Bloomberg Businessweek, Factiva, annual reports, and publications, among others and corroboration by primaries. The market triangulation has been done with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All possible parameters that affect the market have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to acquire the final quantitative and qualitative data. This data is consolidated with detailed inputs and analysis from MarketsandMarkets and presented in this report.

Thermoelectric Generators Market

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The thermoelectric generators market ecosystem comprises manufacturers, such as Gentherm, Inc. (U.S.), II-VI Marlow, Inc. (U.S.), Ferrotec Holdings Corporation (Japan), Laird plc (U.K.), KELK Ltd. (U.K.), Yamaha Corp. (Japan), and Evident Thermoelectrics (U.K.), among others. The end users of the thermoelectric generators technology include automotive, aerospace, defense, industrial, and consumer segments, among others.

Key Target Audience

  • Thermoelectric Material Suppliers
  • Thermoelectric Generator Manufacturers
  • Component Manufacturers of Thermoelectric Generators
  • Original Equipment Manufacturers
  • System Integrators
  • Government and Certification Bodies

Scope of the Report

This research report categorizes the thermoelectric generators market into the following segments and subsegments:

  • Thermoelectric Generators Market, by End User
    • Automotive
    • Aerospace
    • Defense
    • Industrial
    • Consumer
    • Others
  • Thermoelectric Generators Market, by Temperature
    • Low Temperature (<80°C)
    • Medium Temperature (80°-500°C)
    • High Temperature (>500°C)
  • Thermoelectric Generators Market, by Source
    • Waste Heat Recovery
    • Energy Harvesting
    • Direct Power Generation
    • Co-generation
  • Thermoelectric Generators Market, by Material
    • BiTe
    • PbTe
    • Others
  • Thermoelectric Generators Market, by Wattage
    • Low Power (<10W)
    • Medium Power(10-1KW)
    • High Power (>1KW)
  • Thermoelectric Generators Market, by Region
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

Customizations Available for the Report:

Along with the given market data, MarketsandMarkets offers customizations as per the specific needs of the companies. The following customization options are available for the report:

  • Company Information
    • Detailed analysis and profiles of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Distribution Channel Participants
    1.6 Limitations
    1.7 Market Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Indicators
                    2.2.2.1 Increase in Demand for Energy Consumption
                    2.2.2.2 Need for Temperature Control Applications
           2.2.3 Supply Side Analysis
                    2.2.3.1 Increase in Production Capacity of Teg Manufacturing
                    2.2.3.2 Prices of the Raw Material
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Market Opportunities
    4.2 Thermoelectric Generators Market, By End User
    4.3 Thermoelectric Generators Market, By Source
    4.4 Thermoelectric Generators Market, By Material
    4.5 Market, By Temperature
    4.6 Thermoelectric Generators Market, By Component
    4.7 Thermoelectric Generators Market, By Wattage
    4.8 Market, By Region

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Thermoelectric Generators Market, By End User
           5.2.2 Market, By Temperature
           5.2.3 Thermoelectric Generators Market, By Wattage
           5.2.4 Market, By Source
           5.2.5 Thermoelectric Generators Market, By Material
           5.2.6 Market, By Component
           5.2.7 Thermoelectric Generators Market, By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Rapid Commercialization of Thermoelectric Generators in the Automobile Industry
                    5.3.1.2 Increasing Demand for Miniaturized Teg
                    5.3.1.3 Requirement for Durable and Maintenance Free Power Sources
           5.3.2 Restraints
                    5.3.2.1 High Production Cost of Thermoelectric Material
                    5.3.2.2 Inability to Produce High Power Electricity Output
           5.3.3 Opportunities
                    5.3.3.1 Increasing Adoption of Teg By Different Power Plants
                    5.3.3.2 Rapid Commercialization of Low Power Generators in Sensor Network
                    5.3.3.3 High-Efficiency Material Reshaping Market
                    5.3.3.4 Rise in the Demand for Thermoelectric in Medical Devices
           5.3.4 Challenges
                    5.3.4.1 Easy Availability of Prominent Substitutes
                    5.3.4.2 Modification in Basic Design of the Thermoelectric Generators

6 Industry Trends (Page No. - 49)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Industry Trends
           6.3.1 Materials Used for Thermoelectric Modules
           6.3.2 Wearable Thermoelectric Generators Used to Charge Smartwatches
           6.3.3 Heat Exchanger With Thermoelectric Generators
    6.4 Thermoelectric Generators Application Roadmap
    6.5 Pest Analysis
           6.5.1 Political Factors
           6.5.2 Economic Factors
           6.5.3 Social Factors
           6.5.4 Technological Factors
    6.6 Key Trend Analysis
    6.7 Recent Funding in the Thermoelectric Generators Market
    6.8 Innovations and Patent Registrations

7 Thermoelectric Coolers (Page No. - 58)

8 Thermoelectric Generators Market, By End User (Page No. - 61)
    8.1 Introduction
    8.2 Automotive
    8.3 Aerospace
    8.4 Defense
    8.5 Industrial
    8.6 Consumer
    8.7 Others

9 Thermoelectric Generators Market, By Source (Page No. - 67)
    9.1 Introduction
    9.2 Waste Heat Recovery
    9.3 Energy Harvesting
    9.4 Direct Power Generation
    9.5 Co-Generation

10 Thermoelectric Generators Market, By Temperature (Page No. - 71)
     10.1 Introduction
     10.2 Low Temperature (<80°C)
     10.3 Medium Temperature (80°- 500°C)
     10.4 High Temperature (> 500°C)

11 Thermoelectric Generators Market, By Wattage (Page No. - 76)
     11.1 Introduction
     11.2 Low Power (<10 W)
     11.3 Medium Power (10-1kW)
     11.4 High Power (> 1kW)

12 By Material (Page No. - 81)
     12.1 Introduction
     12.2 Bismuth Telluride
     12.3 Lead Telluride
     12.4 Others

13 Thermoelectric Generators Market, By Component (Page No. - 86)
     13.1 Introduction
     13.2 Heat Source
     13.3 Thermoelectric Module
     13.4 Cold Side
     13.5 Electric Load

14 Regional Analysis (Page No. - 89)
     14.1 Introduction
     14.2 North America
             14.2.1 By End User
             14.2.2 By Source
             14.2.3 By Wattage
             14.2.4 By Material
             14.2.5 By Temperature
             14.2.6 By Country
                        14.2.6.1 U.S.
                                     14.2.6.1.1 By End User
                                     14.2.6.1.2 By Source
                        14.2.6.2 Canada
                                     14.2.6.2.1 By End User
                                     14.2.6.2.2 By Source
     14.3 Asia-Pacific
             14.3.1 By End User
             14.3.2 By Source
             14.3.3 By Wattage
             14.3.4 By Material
             14.3.5 By Temperature
             14.3.6 By Country
                        14.3.6.1 China
                                     14.3.6.1.1 By End User
                                     14.3.6.1.2 By Source
                        14.3.6.2 Japan
                                     14.3.6.2.1 By End User
                                     14.3.6.2.2 By Source
                        14.3.6.3 India
                                     14.3.6.3.1 By End User
                                     14.3.6.3.2 By Source
                        14.3.6.4 South Korea
                                     14.3.6.4.1 By End User
                                     14.3.6.4.2 By Source
     14.4 Europe
             14.4.1 By Source
             14.4.2 By Wattage
             14.4.3 By Material
             14.4.4 By Temperature
             14.4.5 By Country
                        14.4.5.1 Germany
                                     14.4.5.1.1 By End User
                                     14.4.5.1.2 By Source
                        14.4.5.2 U.K.
                                     14.4.5.2.1 By End User
                                     14.4.5.2.2 By Source
                        14.4.5.3 France
                                     14.4.5.3.1 By End User
                                     14.4.5.3.2 By Source
                        14.4.5.4 Spain
                                     14.4.5.4.1 By End User
                                     14.4.5.4.2 By Source
     14.5 Rest of the World
             14.5.1 By End User
             14.5.2 By Temperature
             14.5.3 By Source
             14.5.4 By Wattage
             14.5.5 By Material

15 Competitive Landscape (Page No. - 119)
     15.1 Introduction
             15.1.1 Vanguards
             15.1.2 Innovator
             15.1.3 Dynamic
             15.1.4 Emerging
     15.2 Competitive Benchmarking
             15.2.1 Product Offerings
             15.2.2 Business Strategy

16 Company Profiles (Page No. - 123)
(Overview, Products and Services, Financials, Strategy & Development)*
     16.1 Gentherm, Inc.
     16.2 II-VI Marlow, Inc.
     16.3 Ferrotec Corporation
     16.4 Laird PLC
     16.5 Kelk Ltd
     16.6 Yamaha Corporation
     16.7 Evident Thermoelectrics
     16.8 Kryotherm Company
     16.9 Aplhabet Energy, Inc.
     16.10 Tellurex Corporation

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

17 Appendix (Page No. - 152)
     17.1 Discussion Guide
     17.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     17.3 Introducing RT: Real-Time Market Intelligence
     17.4 Available Customizations
     17.5 Related Reports
     17.6 Author Details


List of Tables (78 Tables)

Table 1 Fuel Saving Power of Thermoelectric Generators in Automobiles
Table 2 Price Range of Materials Used in Thermoelectric Generators
Table 3 Energy Consumption of Medical Devices
Table 4 Thermoelectric Materials With Their Figure of Merit
Table 5 Impact Analysis of Pest Factors
Table 6 Key Trend Analysis
Table 7 Innovations and Patent Registrations, 2015-2017
Table 8 Applications of Thermoelectric Coolers
Table 9 Leading Manufacturers of Thermoelectric Coolers
Table 10 Market Size, By End User, 2015-2022 (USD Million)
Table 11 Automotive Segment, By Region, 2015-2022 (USD Million)
Table 12 Aerospace Segment, By Region, 2015-2022 (USD Million)
Table 13 Defense Segment, By Region, 2015-2022 (USD Million)
Table 14 Industrial Segment, By Region, 2015-2022 (USD Million)
Table 15 Consumer Segment, By Region, 2015-2022 (USD Million)
Table 16 Other Segment, By Region, 2015-2022 (USD Million)
Table 17 Market Size, By Source, 2015-2022 (USD Million)
Table 18 Waste Heat Recovery Segment, By Region, 2015-2022 (USD Million)
Table 19 Energy Harvesting Segment, By Region, 2015-2022 (USD Million)
Table 20 Direct Power Generation Segment, By Region, 2015-2022 (USD Million)
Table 21 Co-Generation Segment, By Region, 2015-2022 (USD Million)
Table 22 Market Size, By Temperature, 2015-2022 (USD Million)
Table 23 Low Temperature (<80°C) Segment, By Region, 2015-2022 (USD Million)
Table 24 Medium Temperature (80°- 500°C) Segment, By Region, 2015-2022 (USD Million)
Table 25 High Temperature (> 500°C) Segment, By Region, 2015-2022 (USD Million)
Table 26 Market Size, By Wattage, 2015-2022 (USD Million)
Table 27 Low Power (<10w) Segment, By Region, 2015-2022 (USD Million)
Table 28 Medium Power Market Size, By Region, 2015-2022 (USD Million)
Table 29 High Power Market Size, By Region, 2015-2022 (USD Million)
Table 30 Market Size, By Material, 2015-2022 (USD Million)
Table 31 Bismuth Telluride Segment, By Region, 2015-2022 (USD Million)
Table 32 Lead Telluride Segment, By Region, 2015-2022 (USD Million)
Table 33 Others Segment, By Region, 2015-2022 (USD Million)
Table 34 Market Size, By Component, 2015-2022 (USD Million)
Table 35 Market Size, By Region, 2015-2022 (USD Million)
Table 36 North America: Market Size, By End User, 2015-2022 (USD Million)
Table 37 North America: Thermoelectric Generator Market Size, By Source, 2015-2022 (USD Million)
Table 38 North America: Market Size, By Wattage, 2015-2022 (USD Million)
Table 39 North America: Market Size, By Material, 2015-2022 (USD Million)
Table 40 North America: Market Size, By Temperature, 2015-2022 (USD Million)
Table 41 North America: Thermoelectric Generator Market Size, By Country, 2015-2022 (USD Million)
Table 42 U.S.: Market Size, By End User, 2015-2022 (USD Million)
Table 43 U.S.: Market Size, By Source, 2015-2022 (USD Million)
Table 44 Canada: Market Size, By End User, 2015-2022 (USD Million)
Table 45 Canada: Market Size, By Source, 2015-2022 (USD Million)
Table 46 Asia-Pacific: Market Size, By End User, 2015-2022 (USD Million)
Table 47 Asia-Pacific : Thermoelectric Generator Market Size, By Source, 2015-2022 (USD Million)
Table 48 Asia-Pacific: Market Size, By Wattage, 2015-2022 (USD Million)
Table 49 Asia-Pacific : Market Size, By Material, 2015-2022 (USD Thousand)
Table 50 Asia-Pacific: Market Size, By Temperature, 2015-2022 (USD Million)
Table 51 Asia-Pacific: Thermoelectric Generator Market Size, By Country, 2015-2022 (USD Million)
Table 52 China: Market Size, By End User, 2015-2022 (USD Million)
Table 53 China : Market Size, By Source, 2015-2022 (USD Million
Table 54 Japan: Market Size, By End User, 2015-2022 (USD Million)
Table 55 Japan: Market Size, By Source, 2015-2022 (USD Million)
Table 56 India: Market Size, By End User, 2015-2022 (USD Million)
Table 57 India: Market Size, By Source, 2015-2022 (USD Million)
Table 58 South Korea: Market Size, By End User, 2015-2022 (USD Million)
Table 59 South Korea: Market Size, By Source, 2015-2022 (USD Million)
Table 60 Europe:  Market Size, By End User, 2015-2022 (USD Million)
Table 61 Europe: Thermoelectric Generator Market Size, By Source, 2015-2022 (USD Million)
Table 62 Europe: Market Size, By Wattage, 2015-2022 (USD Million)
Table 63 Europe: Market Size, By Material, 2015-2022 (USD Million)
Table 64 Europe: Market Size, By Temperature, 2015-2022 (USD Million)
Table 65 Europe: Thermoelectric Generator Market Size, By Country, 2015-2022 (USD Million)
Table 66 Germany: Market Size, By End User, 2015-2022 (USD Million)
Table 67 Germany: Market Size, By Source, 2015-2022 (USD Million)
Table 68 U.K.: Market Size, By End User, 2015-2022 (USD Million)
Table 69 U.K.: Market Size, By Source, 2015-2022 (USD Million)
Table 70 France: Market Size, By End User, 2015-2022 (USD Million)
Table 71 France: Market Size, By Source, 2015-2022 (USD Million)
Table 72 Spain: Market Size, By End User, 2015-2022 (USD Million)
Table 73 Spain: Market Size, By Source, 2015-2022 (USD Million)
Table 74 Rest of the World: Market Size, By End User, 2015-2022 (USD Million)
Table 75 Rest of the World: Market Size, By Temperature, 2015-2022 (USD Million)
Table 76 Rest of the World: Market Size, By Source, 2015-2022 (USD Million)
Table 77 Rest of the World: Market Size, By Wattage, 2015-2022 (USD Million)
Table 78 Rest of the World: Market Size, By Material, 2015-2022 (USD Million)


List of Figures (69 Figures)

Figure 1 Thermoelectric Generators Market: Markets Covered
Figure 2 Years Considered for the Study
Figure 3 Research Process Flow
Figure 4 Market: Research Design
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 6 Thermal Heat Transfer Technologies, By Industry, 2014
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Data Triangulation
Figure 10 Assumptions of the Research Study
Figure 11 Market, By End-User, 2017 & 2022 (USD Million)
Figure 12 The Waste Heat Recovery Segment is Estimated to Lead the Market in 2017
Figure 13 North America is Estimated to Be the Largest Market for Thermoelectric Generators in 2017
Figure 14 Demand for Thermoelectric Generators for Waste Heat Recovery is Expected to Drive the Market
Figure 15 Industrial Segment Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 Waste Heat Recovery Expected to Be the Largest Segment During the Forecast Period
Figure 17 Bite is Estimated to Be the Largest Segment in 2017
Figure 18 Medium Temperature Expected to Be the Largest Segment in 2017
Figure 19 Electric Load Segment Expected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Medium Power Estimated to Be the Largest Segment in 2017
Figure 21 Thermoelectric Generators Market in Asia-Pacific Market Expected to Grow at Highest CAGR During the Forecast Period
Figure 22 Market, By End User
Figure 23 Market, By Temperature
Figure 24 Market, By Wattage
Figure 25 Market, By Source
Figure 26 Market, By Material
Figure 27 Market, By Component
Figure 28 Market, By Region
Figure 29 Market Dynamics
Figure 30 Technological Development is A Growing Trend in the Market
Figure 31 Thermoelectric Generators Application Roadmap
Figure 32 Different Applications of Thermoelectric Coolers
Figure 33 Automotive Segment is Estimated to Lead the Market During the Forecast Period
Figure 34 Waste Heat Recovery Segment is Expected to Lead the Market During the Forecast Period
Figure 35 Application Wise Temperature Ranges
Figure 36 Medium Temperature Segment Projected to Dominate Market During the Forecast Period
Figure 37 Low Power Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 38 Bismuth Telluride (Bite) Segment Projected to Lead Market During the Forecast Period
Figure 39 Thermoelectric Generators Market: Thermoelectric Module is Going to Dominate the Market During the Forecast Period
Figure 40 Market in Asia-Pacific Projected to Grow at Highest CAGR During the Forecast Period
Figure 41 North America Market Snapshot
Figure 42 Asia-Pacific Market Snapshot
Figure 43 Europe Thermoelectric Generator Market Snapshot
Figure 44 Dive Chart
Figure 45 Gentherm, Inc.: Company Snapshot
Figure 46 Gentherm, Inc.: Product Offerings Scorecard
Figure 47 Gentherm, Inc.: Business Strategies Scorecard
Figure 48 II-VI Marlow, Inc.: Company Snapshot
Figure 49 II-VI Marlow: Product Offerings Scorecard
Figure 50 II-VI Marlow.: Business Strategies Scorecard
Figure 51 Ferrotec Corporation: Company Snapshot
Figure 52 Ferrotec Corporation: Product Offerings Scorecard
Figure 53 Ferrotec Corporation: Business Strategies Scorecard
Figure 54 Laird PLC: Company Snapshot
Figure 55 Laird PLC: Product Offerings Scorecard
Figure 56 Laird PLC: Business Strategies Scorecard
Figure 57 Kelk Ltd.: Product Offerings Scorecard
Figure 58 Kelk Ltd.: Business Strategies Scorecard
Figure 59 Yamaha Corporation: Company Snapshot
Figure 60 Yamaha Corporation: Product Offerings Scorecard
Figure 61 Yamaha Corporation: Business Strategies Scorecard
Figure 62 Evident Thermoelectrics: Product Offerings Scorecard
Figure 63 Evident Thermoelectrics: Business Strategies Scorecard
Figure 64 Kryotherm Company: Product Offerings Scorecard
Figure 65 Kryotherm Company: Business Strategies Scorecard
Figure 66 Alphabet Energy, Inc.: Product Offerings Scorecard
Figure 67 Alphabet Energy, Inc.: Business Strategies Scorecard
Figure 68 Tellurex Corporation: Product Offerings Scorecard
Figure 69 Tellurex Corporation: Business Strategies Scorecard

The thermoelectric generators market is projected to grow from an estimated USD 368.5 Million in 2017 to USD 715.8 Million by 2022, at a CAGR of 14.20% during the forecast period, 2017 to 2022. The growth of the market across the globe can be attributed to the increasing demand to recover the waste heat generated by various industries. Due to increasing environmental concerns, the demand to improve the efficiency of engines is growing. Thermoelectric generators play an important role in increasing efficiency by utilizing waste heat.

The thermoelectric generators market has been segmented on the basis of end user, source, component, temperature, wattage, material, and region. Based on end user, the market has been segmented into automotive, aerospace, defense, industrial, consumer, and others. The automotive segment is projected to lead the thermoelectric generators market owing to the wide adoption of thermoelectric generators in automobiles to convert exhaust heat into electrical energy in order to increase the overall efficiency of the engine.

Based on source, the thermoelectric generators market has been segmented into waste heat recovery, energy harvesting, direct power generation, and co-generation. The energy harvesting segment is expected to grow at the highest CAGR in the market during the forecast period, owing to the increasing demand for consumer and defense applications wherein, thermoelectric generators are used to power wearable devices.

The thermoelectric generators market has been studied for North America, Europe, Asia-Pacific, and Rest of the World (RoW). The North American region is estimated to be the largest market for thermoelectric generators in 2017. Countries, such as the U.S. and Canada in the North American region are witnessing an increasing adoption of thermoelectric generators in the automotive industry. The markets in the European and Asia-Pacific regions are also expected to witness high growth, owing to the rapid commercialization of thermoelectric generators in industrial applications.

Thermoelectric Generators Market

High cost and low efficiency of thermoelectric generators can act as challenge for the growth of the thermoelectric generators market.

Major companies profiled in the report include Gentherm Inc. (U.S.), II-VI Marlow Inc. (U.S.), Ferrotec Corporation (Japan), Laird plc (U.K.), and Evident Thermoelectrics (U.S.), among others. Acquisitions and new product launches were the key strategies adopted by the leading players in the thermoelectric generators market from 2012 to 2016. These strategies have enabled companies to strengthen their positions in the market.

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