Renewable energy is playing a major role in the electricity generation in current
scenario, according to a report by Market Research Engine. Considering the life
span and cost of non-rentable resources of energy, the demand of renewable
resources is highly increasing.
Thermoelectric generators are one of the devices using
renewable energy i.e. heat to produce electricity. It can also be used
otherwise too. Thermoelectric generators (TEG)are solid state devices which
convert temperature difference between two materials into electrical energy.
Thermoelectric generators (TEG) are based on the principal of See beck effect.
Certain applications like automotive, aerospace,
semiconductor networks are more likely to use power sources which have less
maintenance and are low in cost. Durability also plays a crucial role in
fitting the power source for places which are hostile and out of reach. TEGs
perfectly fit in these places providing high reliability and greater
efficiency. These low cost compact devices are more in demand because of its
solid state adding advantage at immobile locations, durability and reliability
and increased greenhouse effect.
The global market for thermoelectric generators is estimated
to be US$ 320 million and is projected to grow to US$ 720 million with an
impressive growth rate of14.5% from 2015 to 2021. North America is expected to
capture more than two third of the market in current scenario and is projected
to keep its supremacy over the forecast period. However, Asia Pacific and
European countries are projected to grow at relatively higher growth rate.
The report gives a 360 degree analysis of the market
covering the growth drivers, growth inhibitors, value chain analysis, new
product launches and the market perspective of the global thermoelectric
generator.
Browse the full report on “Global Thermoelectric Generator Market Research
Report - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014
–2021” http://marketresearchengine.com/reportdetails/thermoelectric-generators-market-research-report
The major use of thermoelectric generators is expected from
automotive end users. This segment is expected to grab more than half of the
market for thermoelectric generators. Aerospace and industrial heat closely
accounts the second and third position. Use of TEGs in space applications will
continue to attract market demand.
This industry has limited manufacturers, mostly tier II or
III. This market is led by U.S. manufacturer Gent herm Inc. having commanding
market share of more than one fourth of the market value. Other companies
involved are EVERREDtronics,Ferrotec, green TEG, GMZ Energy, Laird Plc, Micro
pelt, Tellurex, ThermolifeEnergy Corporation, Yamaha Corp, Alphabet Energy,
TECTEG MFR, Red Hawk Energy Systems, Komatsu Corp. and others.
Segmentations in
Report:
·
Thermoelectric
Generators By Application
Automotive
Industrial
Sensors
Wearable
Others
·
Thermoelectric
Generators By Power:
<30 W
30-100 W
100-1KW
>1KW
·
Thermoelectric
Generators By Temperatures
<100 Degree C
100 -500 Degree C
500-1K degree C
> 1K degree C
·
Thermoelectric
Generators By Material
Si-Ge
Bi-Te
Pb-Te
Others
·
Thermoelectric
Generators By Controller
Single Directional
Bi Directional
Multi Directional
·
Customization
of Report
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Clients can also buy company profiles for Global
Thermoelectric Generators market without buying full report.
·
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