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Global Thermoelectric Material Market Research Report 2024
Synopsis
Thermoelectric materials show the thermoelectric effect in a strong or convenient form.
The thermoelectric effect refers to phenomena by which either a temperature difference creates an electric potential or an electric potential creates a temperature difference. These phenomena are known more specifically as the Seebeck effect (converting temperature to current), Peltier effect (converting current to temperature), and Thomson effect (conductor heating/cooling). While all materials have a nonzero thermoelectric effect, in most materials it is too small to be useful. However, low-cost materials that have a sufficiently strong thermoelectric effect (and other required properties) could be used in applications including power generation and refrigeration. A commonly used thermoelectric material in such applications is bismuth telluride.
Thermoelectric materials are used in thermoelectric systems for cooling or heating in niche applications, and are being studied as a way to regenerate electricity from waste heat.
The global Thermoelectric Material market was valued at US$ 41 million in 2023 and is anticipated to reach US$ 59 million by 2030, witnessing a CAGR of 5.2% during the forecast period 2024-2030.
Global Thermoelectric Material key players include Ferrotec, Laird, KELK, etc. Global top three manufacturers hold a share over 55%.
China is the largest market, with a share over 40%, followed by Japan and North America, both have a share over 35 percent.
In terms of product, Bi-Te is the largest segment, with a share over 85%. And in terms of application, the largest application is Automotive, followed by Electronics, Biomedical, etc.
This report aims to provide a comprehensive presentation of the global market for Thermoelectric Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoelectric Material.
Report Scope
The Thermoelectric Material market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermoelectric Material market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermoelectric Material manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ferrotec
Laird
KELK
Thermonamic Electronics
Marlow
RMT
EVERREDtronics
Crystal
Hi-Z
Tellurex
Segment by Type
Bi-Te
Pb-Te
Other Materials
Segment by Application
Automotive
Electronics
Biomedical
Other Industry
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermoelectric Material manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermoelectric Material by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermoelectric Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Thermoelectric materials show the thermoelectric effect in a strong or convenient form.
The thermoelectric effect refers to phenomena by which either a temperature difference creates an electric potential or an electric potential creates a temperature difference. These phenomena are known more specifically as the Seebeck effect (converting temperature to current), Peltier effect (converting current to temperature), and Thomson effect (conductor heating/cooling). While all materials have a nonzero thermoelectric effect, in most materials it is too small to be useful. However, low-cost materials that have a sufficiently strong thermoelectric effect (and other required properties) could be used in applications including power generation and refrigeration. A commonly used thermoelectric material in such applications is bismuth telluride.
Thermoelectric materials are used in thermoelectric systems for cooling or heating in niche applications, and are being studied as a way to regenerate electricity from waste heat.
The global Thermoelectric Material market was valued at US$ 41 million in 2023 and is anticipated to reach US$ 59 million by 2030, witnessing a CAGR of 5.2% during the forecast period 2024-2030.
Global Thermoelectric Material key players include Ferrotec, Laird, KELK, etc. Global top three manufacturers hold a share over 55%.
China is the largest market, with a share over 40%, followed by Japan and North America, both have a share over 35 percent.
In terms of product, Bi-Te is the largest segment, with a share over 85%. And in terms of application, the largest application is Automotive, followed by Electronics, Biomedical, etc.
This report aims to provide a comprehensive presentation of the global market for Thermoelectric Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoelectric Material.
Report Scope
The Thermoelectric Material market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Thermoelectric Material market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermoelectric Material manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ferrotec
Laird
KELK
Thermonamic Electronics
Marlow
RMT
EVERREDtronics
Crystal
Hi-Z
Tellurex
Segment by Type
Bi-Te
Pb-Te
Other Materials
Segment by Application
Automotive
Electronics
Biomedical
Other Industry
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermoelectric Material manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermoelectric Material by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermoelectric Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Thermoelectric Material Market Overview
1.1 Product Definition
1.2 Thermoelectric Material Segment by Type
1.2.1 Global Thermoelectric Material Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Bi-Te
1.2.3 Pb-Te
1.2.4 Other Materials
1.3 Thermoelectric Material Segment by Application
1.3.1 Global Thermoelectric Material Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Electronics
1.3.4 Biomedical
1.3.5 Other Industry
1.4 Global Market Growth Prospects
1.4.1 Global Thermoelectric Material Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Thermoelectric Material Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Thermoelectric Material Production Estimates and Forecasts (2019-2030)
1.4.4 Global Thermoelectric Material Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Thermoelectric Material Production Market Share by Manufacturers (2019-2024)
2.2 Global Thermoelectric Material Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Thermoelectric Material, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Thermoelectric Material Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Thermoelectric Material Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Thermoelectric Material, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Thermoelectric Material, Product Offered and Application
2.8 Global Key Manufacturers of Thermoelectric Material, Date of Enter into This Industry
2.9 Thermoelectric Material Market Competitive Situation and Trends
2.9.1 Thermoelectric Material Market Concentration Rate
2.9.2 Global 5 and 10 Largest Thermoelectric Material Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Thermoelectric Material Production by Region
3.1 Global Thermoelectric Material Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Thermoelectric Material Production Value by Region (2019-2030)
3.2.1 Global Thermoelectric Material Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Thermoelectric Material by Region (2025-2030)
3.3 Global Thermoelectric Material Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Thermoelectric Material Production by Region (2019-2030)
3.4.1 Global Thermoelectric Material Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Thermoelectric Material by Region (2025-2030)
3.5 Global Thermoelectric Material Market Price Analysis by Region (2019-2024)
3.6 Global Thermoelectric Material Production and Value, Year-over-Year Growth
3.6.1 North America Thermoelectric Material Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Thermoelectric Material Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Thermoelectric Material Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Thermoelectric Material Production Value Estimates and Forecasts (2019-2030)
4 Thermoelectric Material Consumption by Region
4.1 Global Thermoelectric Material Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Thermoelectric Material Consumption by Region (2019-2030)
4.2.1 Global Thermoelectric Material Consumption by Region (2019-2024)
4.2.2 Global Thermoelectric Material Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Thermoelectric Material Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Thermoelectric Material Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Thermoelectric Material Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Thermoelectric Material Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Thermoelectric Material Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Thermoelectric Material Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Thermoelectric Material Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Thermoelectric Material Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Thermoelectric Material Production by Type (2019-2030)
5.1.1 Global Thermoelectric Material Production by Type (2019-2024)
5.1.2 Global Thermoelectric Material Production by Type (2025-2030)
5.1.3 Global Thermoelectric Material Production Market Share by Type (2019-2030)
5.2 Global Thermoelectric Material Production Value by Type (2019-2030)
5.2.1 Global Thermoelectric Material Production Value by Type (2019-2024)
5.2.2 Global Thermoelectric Material Production Value by Type (2025-2030)
5.2.3 Global Thermoelectric Material Production Value Market Share by Type (2019-2030)
5.3 Global Thermoelectric Material Price by Type (2019-2030)
6 Segment by Application
6.1 Global Thermoelectric Material Production by Application (2019-2030)
6.1.1 Global Thermoelectric Material Production by Application (2019-2024)
6.1.2 Global Thermoelectric Material Production by Application (2025-2030)
6.1.3 Global Thermoelectric Material Production Market Share by Application (2019-2030)
6.2 Global Thermoelectric Material Production Value by Application (2019-2030)
6.2.1 Global Thermoelectric Material Production Value by Application (2019-2024)
6.2.2 Global Thermoelectric Material Production Value by Application (2025-2030)
6.2.3 Global Thermoelectric Material Production Value Market Share by Application (2019-2030)
6.3 Global Thermoelectric Material Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Ferrotec
7.1.1 Ferrotec Thermoelectric Material Corporation Information
7.1.2 Ferrotec Thermoelectric Material Product Portfolio
7.1.3 Ferrotec Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Ferrotec Main Business and Markets Served
7.1.5 Ferrotec Recent Developments/Updates
7.2 Laird
7.2.1 Laird Thermoelectric Material Corporation Information
7.2.2 Laird Thermoelectric Material Product Portfolio
7.2.3 Laird Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Laird Main Business and Markets Served
7.2.5 Laird Recent Developments/Updates
7.3 KELK
7.3.1 KELK Thermoelectric Material Corporation Information
7.3.2 KELK Thermoelectric Material Product Portfolio
7.3.3 KELK Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.3.4 KELK Main Business and Markets Served
7.3.5 KELK Recent Developments/Updates
7.4 Thermonamic Electronics
7.4.1 Thermonamic Electronics Thermoelectric Material Corporation Information
7.4.2 Thermonamic Electronics Thermoelectric Material Product Portfolio
7.4.3 Thermonamic Electronics Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Thermonamic Electronics Main Business and Markets Served
7.4.5 Thermonamic Electronics Recent Developments/Updates
7.5 Marlow
7.5.1 Marlow Thermoelectric Material Corporation Information
7.5.2 Marlow Thermoelectric Material Product Portfolio
7.5.3 Marlow Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Marlow Main Business and Markets Served
7.5.5 Marlow Recent Developments/Updates
7.6 RMT
7.6.1 RMT Thermoelectric Material Corporation Information
7.6.2 RMT Thermoelectric Material Product Portfolio
7.6.3 RMT Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.6.4 RMT Main Business and Markets Served
7.6.5 RMT Recent Developments/Updates
7.7 EVERREDtronics
7.7.1 EVERREDtronics Thermoelectric Material Corporation Information
7.7.2 EVERREDtronics Thermoelectric Material Product Portfolio
7.7.3 EVERREDtronics Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.7.4 EVERREDtronics Main Business and Markets Served
7.7.5 EVERREDtronics Recent Developments/Updates
7.8 Crystal
7.8.1 Crystal Thermoelectric Material Corporation Information
7.8.2 Crystal Thermoelectric Material Product Portfolio
7.8.3 Crystal Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Crystal Main Business and Markets Served
7.7.5 Crystal Recent Developments/Updates
7.9 Hi-Z
7.9.1 Hi-Z Thermoelectric Material Corporation Information
7.9.2 Hi-Z Thermoelectric Material Product Portfolio
7.9.3 Hi-Z Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Hi-Z Main Business and Markets Served
7.9.5 Hi-Z Recent Developments/Updates
7.10 Tellurex
7.10.1 Tellurex Thermoelectric Material Corporation Information
7.10.2 Tellurex Thermoelectric Material Product Portfolio
7.10.3 Tellurex Thermoelectric Material Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Tellurex Main Business and Markets Served
7.10.5 Tellurex Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Thermoelectric Material Industry Chain Analysis
8.2 Thermoelectric Material Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Thermoelectric Material Production Mode & Process
8.4 Thermoelectric Material Sales and Marketing
8.4.1 Thermoelectric Material Sales Channels
8.4.2 Thermoelectric Material Distributors
8.5 Thermoelectric Material Customers
9 Thermoelectric Material Market Dynamics
9.1 Thermoelectric Material Industry Trends
9.2 Thermoelectric Material Market Drivers
9.3 Thermoelectric Material Market Challenges
9.4 Thermoelectric Material Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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