Nov 6, 2017   SOURCE: BusinessWire

Global Micro Thermoelectric Modules Market: Growth, Trends & Forecasts to 2022 - Research and Markets

The "Global Micro Thermoelectric Modules Market - Growth, Trends and Forecasts (2017 - 2022)" report has been added to Research and Markets' offering.

A thermoelectric device operates on the thermoelectric effect, and directly converts any temperature difference into an electric voltage (Seebeck Effect) or vice versa (Peltier Effect). By type, the thermoelectric modules are divided into bulk thermoelectric modules, micro thermoelectric modules, and thin film thermoelectric modules. Micro-thermoelectric modules are devices that have semiconductor element dimensions of less than 1.0 mm square, which allow more number of thermocouples for a given size module. These modules hold various advantages. A thermoelectric module works electrically without any moving parts so they are virtually maintenance-free and flexible in shape. One of the unique properties of micro thermoelectric modules is the possibility to convert heat into electricity starting from almost zero temperature difference.

Additionally, technological advancements resulted in product miniaturization, giving rise to a multitude of micro devices such as microprocessors, micro sensors, microcontrollers, and micro instruments. Thermoelectric technology can be used to solve thermal problems in microelectronic circuits by catering unattended & continuous power requirements, and backup power on manned platforms for critical communications & emergency shutdown systems.

The modules find primary application across industries such as in Opto-electronics and telecom industries. Thermoelectric modules have the potential to find broad application in waste heat recovery (energy harvesting).

The primary factors that hinder the growth of the thermoelectric modules market are their high cost and low-efficiency. The market still has to overcome the inefficiency hurdle on a commercial scale to make the thermoelectric materials an attractive proposition. Active R&D activities carried by companies such as HI-Z Technology Inc, and Ferrotec Corporation, around the world, are aimed at tackling these restraints. Nanotechnology is helping the thermoelectric technology achieve breakthroughs.

Companies Mentioned:

  • AMS technologies
  • Ferrotec Corporation
  • Gentherm Global Power Technologies
  • Kryotherm
  • Laird Technologies
  • II-VI Marlow
  • Micropelt GmbH
  • RMT ltd
  • TEC Micro Systems
  • Tellurex Corporation
  • TE Technology Inc.,
  • Thermion Company
  • Yamaha Corporation
  • Others

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Value-Chain Analysis

6. Porter's Five Forces Analysis

7. Global Micro Thermoelectric Devices Market Analysis, By Application

8. Global Micro Thermoelectric Devices Market Analysis, By Geography

9. Key Company Profiles

10. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/research/lc35bc/global_micro