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.
In the last several years, global market of Thermoelectric Material developed rapidly, with an average growth rate of 8.37%. In 2017, global revenue of Thermoelectric Material is nearly 33.4 M USD; the actual production is about 287.7 MT.
The global average price of Thermoelectric Material is in the decreasing trend, from 124 USD/MT in 2013 to 116 USD/MT in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Thermoelectric Material includes Bi-Te, Pb-Te, etc. The proportion of Bi-Te in 2017 is about 86.87%, and the proportion is in increasing trend from 2013 to 2017.
The report offers detailed coverage of Thermoelectric Material industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Thermoelectric Material by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Thermoelectric Material market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Thermoelectric Material market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Ferrotec
Laird
KELK
Thermonamic Electronics
Marlow
RMT
EVERREDtronics
Crystal
Hi-Z
Tellurex
At the same time, we classify Thermoelectric Material according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Bi-Te
Pb-Te
Other Materials
Market by Application
Automotive
Electronics
Biomedical
Other Industry
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Thermoelectric Material market for the forecast period 2021 - 2025?
• What are the driving forces in the Thermoelectric Material market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Thermoelectric Material industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?