The report on the Global Thermoelectric Generators Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Thermoelectric generators (TEG) are solid-state devices which convert temperature difference between two materials into electrical energy. Thermoelectric generators (TEG) are based on the principles of Seebeck effect. Some common thermoelectric materials are Bismuth Telluride (Bi2Te3), Lead Telluride (PbTe), Silicon Germanium (SiGe), and Bismuth-Antimony (Bi-Sb) among others. These generators are being preferred because they are silent, highly reliable, have low operational and maintenance cost, and can work in harsh and remote environments. Another important factor is its scalability, which makes its application feasible to any size of heat source.
There are varieties of thermoelectric generators available in the market today, they vary based on their operating voltage, temperature, materials they are made up of and how they are controlled. Initially, thermoelectric generators were used to find application only as heating or cooling devices but recent research activities have developed them as energy harvesting devices. Thermoelectric generators find application in automotive, industrial, sensors, wearables and others. Lately thermoelectric generators are being used for waste heat recovery.
Global thermoelectric generators market is segmented based on power by less than (<) 30 W, 30-1KW and more than (>) 1KW. Thermoelectric generators by temperature segment this market in less than (<) 100 Degree C, 100 -500 Degree C and more than (>) 500-1K degree C. The report is also segmented by material as Bi-Te, Pb-Te and others. Global thermoelectric generators by controllers is segmented in single directional, bi directional and multi directional.
Extensive research is being carried out to harness the unused waste heat from various sources like machines, power stations, and automotive among others to reduce the fuel consumption and enhance efficiency of these machines. Thermoelectric generators (TEG) are gaining popularity as an upcoming “green technology” because it converts waste heat (zero cost) into electrical energy, thus adding to its market growth. The only major constraint in achieving this is its high cost and lower efficiency. Research is being carried out to make this TE technology commercially viable.
North America leads the global thermoelectric generators market followed by Asia-Pacific and the Rest of the World (RoW).
The key players in the global thermoelectric generators market include:
- Alphabet Energy
- EVERREDtronics
- Evident Thermoelectrics
- Ferrotec
- Gentherm
- greenTEG
- Komatsu Corp.
- Laird / Nextreme
- Micropelt
- Perpetua Power Source Technologies, Inc.
- RedHawk Energy Systems
- TECTEG MFR
- Tellurex
- Yamaha Corp.
SEGMENTATION IN THE REPORT:
Thermoelectric Generators By Application:
- Automotive
- Industrial
- Sensors
- Wearables
- Others
Thermoelectric Generators By Power:
Thermoelectric Generators By Temperature:
- <100 Degree C
- 100 -500 Degree C
- >500-1K Degree C
Thermoelectric Generators By Material:
Thermoelectric Generators By Controllers:
- Single Directional
- Bi Directional
- Multi Directional
Thermoelectric Generators By Geography:
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
The Global Thermoelectric Generators Market has been exhibited in detail in the following chapters -
Chapter 1 Thermoelectric Generators Market Preface
Chapter 2 Executive Summary
Chapter 3 Thermoelectric Generators Industry Analysis
Chapter 4 Thermoelectric Generators Market Value Chain Analysis
Chapter 5 Thermoelectric Generators Market Analysis By Application
Chapter 6 Thermoelectric Generators Market Analysis By Power
Chapter 7 Thermoelectric Generators Market Analysis By Temperature
Chapter 8 Thermoelectric Generators Market Analysis By Material
Chapter 9 Thermoelectric Generators Market Analysis By Controllers
Chapter 10 Thermoelectric Generators Market Analysis By Geography
Chapter 11 Competitive Landscape Of Thermoelectric Generators Companies
Chapter 12 Company Profiles Of Thermoelectric Generators Industry