Thermoelectric Generators Market to Reach $715 Million by 2022 - Key Players are Gentherm, II-VI Marlow, Ferrotec Corporation, Laird & Evident Thermoelectrics - Research and Markets

Research and Markets has announced the addition of the "Thermoelectric Generators Market by Source, Material, Component, End User, Temperature, Wattage, and Region - Global Forecast to 2022" report to their offering.

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. Increasing demand for waste heat recovery from various industries and increasing concerns for improving the efficiency of automobiles is driving the market. Thermoelectic generators help in increasing efficiency by utilizing waste heat. High production cost of TEGs and inability to produce high electricity output are restraining its market.

The growth of the thermoelectric generators market across the globe can be attributed to the increasing demand to recover the waste heat generated by various industries. Due to the increasing environmental concerns, the demand to improve the efficiency of engines is increasing. Thermoelectric generators play an important role in increasing efficiency by utilizing waste heat.

Among End User, the automotive segment is expected to lead the thermoelectric generators market during the forecast period from 2017 to 2022. The growth of the automotive segment in the thermoelectric generators market can be attributed to the increasing adoption of thermoelectric generators to power the vehicle's electrical system.

Companies Mentioned

  • Aplhabet Energy, Inc.
  • Evident Thermoelectrics
  • Ferrotec Corporation
  • Gentherm, Inc.
  • II-VI Marlow, Inc.
  • Kelk Ltd
  • Kryotherm Company
  • Laird PLC
  • Tellurex Corporation
  • Yamaha Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Thermoelectric Coolers

8 Thermoelectric Generators Market, By End User

9 Thermoelectric Generators Market, By Source

10 Thermoelectric Generators Market, By Temperature

11 Thermoelectric Generators Market, By Wattage

12 By Material

13 Thermoelectric Generators Market, By Component

14 Regional Analysis

15 Competitive Landscape

16 Company Profiles

17 Appendix

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